Value Creation

INTRODUCTION

This GLOMACS training course entitled The Oxford Financial Excellence Programme provides business professionals with a deeper understanding of financial management as practiced by today`s most powerful companies by demystifying the complex world of finance, and providing the tools and insights that you will need to meet your own professional goals and the greater goals of the organisations you serve.

MODULES

This training course is split into two modules:

MODULE I - Corporate Financial Planning, Budgeting & Control

MODULE II - The Oxford 5-Day MBA in Finance

Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.

Objectives

By the end of this training course, delegates will be able to:

• Acquire an understanding of the fundamentals of the successful management of corporate financial performance, from the development of strategy through planning and budgeting to performance monitoring and control
• Develop practical experience of the workings of a best practice financial performance management model, and of how to improve corporate financial performance in real-life
• Gain the insights required to win in the global marketplace, for example relating to:
  • Interpreting financial statements
  • Evaluating financial performance
  • Financial forecasting
  • The financing decision
  • Determining the cost of capital
  • Evaluating investment opportunities
  • Managing risk
  • Raise financial skills

Training Methodology

Using a combination of training course team exercises and individual exercises, delegates will gain both a theoretical and practical knowledge of the topics covered. The emphasis is on the practical application of the topics and as a result, delegates will return to the workplace with both the ability and the confidence to apply the techniques learned.

There will be a strongly participative, learning-by-doing, style, making extensive use of short case studies (both numeric / analytical and non-numeric / descriptive) and syndicates, as well as open plenary discussion sessions.

Some parts of this training course will include short revision / refresher sessions on accounting and DCF basics. Each day will comprise several sessions, introducing new material to build on the learning in the previous sessions.

The training course manual will include copies of all the material used.

Organisational Impact

• Delegates will develop a set of transferable skills which will improve their powers of financial planning helping the company to increase profit, improve cash flow whilst minimizing costs and risk
• Delegates will not only be able to analyse various business problems but will also be able to evaluate various courses of action and make sound recommendations for action using leading software
• They will become more aware of the importance of effective planning, budgeting and forecasting making the capital budgeting process more cost effective
• Updating delegates with recent developments in risk management
• Providing exposure to numerous annual reports and real life cases
• Emphasizing the role of risk in decision-making

Personal Impact

• Develop an understanding of today’s major issues in international corporate finance and budgeting
• Make improved finance and capital budgeting decisions, which will increase your importance to your organization
• Be able to identify areas in which they may be able to contribute to improvements in the financial performance of your company which will help improve your career development
• An ability to utilise sophisticated investment appraisal techniques
• An appreciation of the key items from an annual report and recognition of important ratios and linkages
• Recognition of the appropriate tool to manage risk

WHO SHOULD ATTEND?

• Staff who wish to gain an up-to-date and broader perspective on how industry leaders continually improve their financial performance, learn about current best practices, and improve their competencies in this area
• Financial and non-financial business professionals from all functions of an enterprise
• Financial professionals wanting an update or a `refresher` of their knowledge
• Recent company recruits who need to learn about modern corporate financial performance management processes, and develop their competencies in this area
• People from outside business who require a thorough conceptual and practical introduction to the performance management processes and techniques adopted by the leading players