| WELCOME TO FINANCE FOR EXECUTIVES | |
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In this challenging economic environment, it is critical for executives to use financial data effectively when making business decisions. This seminar will enhance your ability to interpret and use financial information, to better communicate with your financial officers, and to make sound, strategic financial decisions that will improve the profitability of your firm.
Finance for Executives presents the main elements of modern finance from the manager’s viewpoint. The purpose of this seminar is to help you make decisions that will measurably improve your personal effectiveness and the profitability of your organization. The program provides sufficient familiarity with financial information to enable you to interpret and comfortably use financial data in your daily decisions.
Finance for Executives will help you communicate more effectively with the CFO as well as financial specialists, including treasurers and controllers. It concentrates on the uses of financial information rather than on its preparation. You will develop skills to understand financial decisions that affect the business and operational strategy of your organization. It will also give you the knowledge and confidence to choose among the different financing sources available to your company and to assess the desirability and value of investment projects, corporate assets, and acquisitions. |
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 | | During this seminar, you will learn to: | - Understand how economic outcomes of business decisions are reflected in your organization's financial reports.
- Communicate more effectively with the financial executives in your organization.
- Improve your financial vocabulary so that you are better able to understand and interpret financial information.
- Increase your comprehension of current analytical practices and techniques.
- Use financial information in managerial decision making.
- Sharpen your skills in assessing the strengths and weaknesses of competitors by analyzing their financial statements.
- Assess the desirability and value of investment projects, corporate assets, and whole companies (acquisitions).
- Establish financial policy in your area of responsibility.
- Discuss current financial problems with some of the nation's top finance faculty.
- Understand the impact of operating decisions on financial performance.
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| | Who Should Attend | Executives in every functional area of responsibility, from all industries, whose decisions have significant financial impact, will benefit from this course. In particular, executives in areas such as marketing, sales, operations, manufacturing, or engineering, as well as general managers who have been promoted through these routes will find this program beneficial.
This program builds upon our Financial Analysis for Nonfinancial Managers program. Individuals should have a working knowledge of accounting and finance, including budgeting, income statements, and balance sheets, in order to benefit from this course. If you have questions about which course would be the most value to you, please contact us prior to registering for a program. |
| | Finance for Executives Program Outline | Financial Statement Analysis and Cash Flow Forecasting- Terminology
- Uses of financial analysis--using financial statement analysis to analyze company operating strategies and their success
- Performance evaluation analysis
- Developing cash flow forecasts based on company operating strategies
Participants will gain an understanding of the basic terminologies and methodologies of financial statement analysis.
Benefits
Participants will understand:- how to analyze financial statements.
- how the company's financial statements are driven by the company's operating strategies.
- how to develop cash flow forecasts and pro forma financial statements.
Financing Decisions- Financing sources
- Overall capital structure design
- Choices among financial instruments to implement desired capital structure
- Risk management
Participants will be able to understand and choose among the different financing sources available to their companies.
Benefits
Participants will understand:- how to communicate more effectively with financial specialists at their companies.
- how capital structure and financing decisions affect the operating strategies of their companies.
- how the company's operating strategies affect the company's financing decisions.
- the concept of financial risk management and when risk management is likely to be beneficial.
Investment Decisions and Value Creation- Evaluating projects using net present value
- Calculating cost of capital
- Valuing Companies
- Restructuring and acquiring companies
Participants will assess the desirability and value of investment projects, and assess the corporate assets of an acquisition, as well as the entire company.
Benefits
Participants will understand:- how to evaluate the desirability of investment projects.
- how to calculate and explain the cost of capital.
- how to identify and analyze the key variables in an acquisition.
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| Finance for Executives Program Faculty
| | | Richard Leftwich |  Richard Leftwich teaches MBA courses and executive MBA courses in financial statement analysis and financial management at the University of Chicago Booth School of Business. In 1994, he received the prestigious McKinsey Award for Excellence in Teaching.
Complete biography | | Kevin F. Rock |  Kevin Rock joined the faculty of the University of Chicago Booth School of Business in 2004. Prior to his appointment, he taught courses in corporate finance and mergers and acquisitions at MIT’s Sloan School of Management where he was named Teacher of the Year in 2003, 2000, and 1996.
Complete biography | | Steven N. Kaplan |  Steven N. Kaplan is the Neubauer Family Distinguished Service Professor of Entrepreneurship and Finance at the University of Chicago Booth School of Business. He is the Faculty Director of Chicago Booth’s Polsky Entrepreneurship Center. Professor Kaplan has been a member of the faculty since 1988. He earned his Ph.D. in Business Economics from Harvard University and received his A.B., summa cum laude , in Applied Mathematics and Economics from Harvard College. Before completing his Ph.D., Professor Kaplan held positions with Kidder, Peabody & Co., and Booz, Allen & Hamilton.
Complete biography |
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| Register Now |
| May 20-May 24 2013 | $8,675.00 |  |
| Sep 09-Sep 13 2013 | $8,675.00 | |
| Feb 17-Feb 21 2014 | $8,675.00 | |
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| Finance for Executives Program Information Request |
Thank you for your interest in Finance for Executives. Please fill out the information below, and we will be in touch with you shortly. If you wish, you can subscribe to our quarterly newsletter describing all of the Chicago Booth Executive Education offerings--simply check the appropriate box below.
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