Thursday, October 7, 2021
Financial Management - For people who enjoy cost and investment control
By studying at the Department of Financial Management, you will get the tools to manage the company's cash flows. You will learn how to properly control the profitability of your business by properly controlling your finances.
In other words, you will become a person who affects the amount of the company's profit. It is always the safest way to ensure high earnings and good working conditions.
And finance is in the first place technical skills: creating a strategy for investing in development, determining the scope and manner of investment, creating and managing investment funds, controlling costs in order to increase profits.
Numbers, calculations, statistics, analyzes. Accounting and bookkeeping. Quantitative financial methods. If you are an analytical person, this section is ideal for you.
What skills and knowledge will you master in the Financial Management department?
Your education in the Financial Management department is conducted through two cycles.
In the first cycle, you will master the methods for financing different types of resources within the company. For everything why money is spent, you will know how to control finances, their process and flow.
In the second cycle, you will get the tools to make the right financial decisions. You will know how to create value for the company with the right financial decisions. At the same time, you will be equipped to respond to risks, a skill that is one of the most valued abilities of a good financial expert today.
As a result, you will know how to run business finances in a variety of environments, including young businesses, small and ambitious businesses, dynamic growth businesses, high-tech technology companies, mature businesses, stumbled businesses seeking finance for a revival.
The groups of skills and knowledge for finance that you will acquire by studying in this department are:
- Economics and macroeconomics research
- Managing the complete finances of the company
- Advanced quantitative financial methods
- Accounting and bookkeeping
- Crisis management and risk management
- Financial management and planning
- Research of stock exchange business and financial institutions
- Project management
- Leadership and organization of teams
- Leadership skills
- Managerial business skills
How to make a profit by managing finances?
The goal of running a company's finances is to make financial decisions that directly make a profit.
That is why you will know how to manage financial reports and analyzes. You will be ready to create, analyze and use financial documents at the director level. You will know which decisions need to be made based on the previous situation in order for the company to make higher profits.
You will learn to apply four-step processing of financial statements:
- Analysis of business strategy through finance,
- Analysis of accounting and bookkeeping
- Analysis of balance sheet, income and cash inflow and
- Forecasting. This is the most reliable practice used by business financial professionals.
To manage financial statements at a professional level, you need complete technical knowledge. That is why 11 key areas of finance are studied at BusinessAcademy:
- Corporate finance: to understand the company's finances and how to control them
- Macroeconomics: to "read" on a daily basis how the market affects the profitability of your company's business and to know what to do about it
- Microeconomics: to manage the company's finances in a way that maintains the lowest level of costs
- Business Economics: To run your business finances in a way that provides the most profit
- Ratio numbers: to "read" financial and business results and to know what needs to be done as the next step
- Financial risk management: to react to market changes so that the company does not lose money due to wrong investments
- Accounting and bookkeeping: to know what money is spent on and how
- Cost accounting: that you can make profitable investment decisions
- Stock market business and portfolio management: to know how to use the stock market for the benefit of your company
- Electronic banking: to organize fast and practical cooperation with banks
- Financial institutions: to know how to put financial institutions in the service of your company.
- You will acquire all this knowledge in the way that you can master it the fastest. In the lectures, we will also analyze real business examples so that you can learn first-hand the application of successful financial methods.
How do financial professionals use computers?
We will train you to apply the knowledge you gain in an effective way. And today, the computer is the basic tool for a financial expert.
With a computer, you will know how to use your abilities quickly. Productive.
So you will learn how to use Excel, how to manage accounting and bookkeeping programs, how to perform advanced spreadsheets and reporting.
The lecturers you will work with are experts in their fields. Professional auditors, accountants, analysts.
Where will you be able to work?
You will be able to apply your specialty in a wide range of industries, a wide range of business situations.
Finance is such a discipline that you can apply your knowledge profitably in companies with 10 employees that have up to 500 thousand euros of annual turnover, all the way to companies with thousands of employees and turnover measured in tens of millions of euros per year and more.
When you become a financial expert, the choice is yours.
Bonus skill package for your perfect career - Personal Development program
As part of your education in the Financial Management program, in addition to professional knowledge, you will also receive a special package of skills that will be useful in every job and are most important for success in your career, Personal Development Program (PDP) . Among other things, they include motivation, teamwork, analyticalness, communication, self-confidence, focus, concentration, selection of priorities and others. These are so-called transversal or additional skills.
To help you achieve the success of your business and career, we have launched the Personal Development Program (PDP). During the program, you will acquire these additional, transferable skills through practical work, through short educational workshops. You can attend it traditionally or online. During this program, you will work with the greatest career development experts and the most successful businessmen, on the development and improvement of skills that will bring you a competitive advantage in the labor market.
The program is a great way to upgrade the knowledge and skills you have acquired during your schooling and allows you to take a superior position in the market.
Within the Personal Development Program, among other things, you receive several months of practical training where you will develop transversal skills that will set you apart in the labor market, a package of workshops in various areas of personal and professional development, personal profile based on personality and aptitude tests, mentoring with lecturers and consultants, career development plan, official certificate of completed program and acquired skills, recommendation of mentors and 12 months of consulting support in career development.
Learn more about the Personal Development Program and view its plan and program. What next?
Learn more about skills, curriculum, course description in the Financial Management department .
Are you interested in other departments besides Financial Management? Learn more about the divisions of the Cambridge business program , International Business , Human Resource Management , Strategic and Operational Management , Marketing and Marketing Management , Sales and Sales Management , Project Management , Business Administration , Entrepreneurship , Public Relations , Investment management and stock exchange operations and management traffic real estate .
Discover which world-renowned diplomas and certificates you earn by successfully completing your schooling, whether you study traditionally or online.
Have you learned enough? The enrollment period has begun, and the number of places is limited. Sign in .
reference:
https://www.biznis-akademija.com/finansijski-menadzment-odsek-skolovanja-sertifikat