Finance for Non-financial Managers
Funding Validity Period
23 September 2025
-
24 September 2027
Course Overview
Financial literacy is a key skill for properly managing any business, boost business resilience and handle new challenges.
This course is designed to equip learners with the skills and knowledge necessary to understand financial data as part of their job roles. Learners will be able to analyse budgets and cash flows and interpret statement of financial positions, income statements, and performance ratios and to use financial data to evaluate operational performance, investment decisions and to make informed decisions regarding their businesses.
Skills Acquired
By the end of this course, learners will be able to:
- Identify fundamental financial terminology and concepts
- Identify key components of financial statements
- Calculate and interpret ratios and key indicators
- Perform analysis of financial information
Learning Modules
Learning Unit 1: Introduction to Business Finance
- Role of finance in the organisation
- Financial decision-making cycle
- Key financial terminology
- Components of Profit & Loss (Income) Statement
- Components of Statement of Financial Position
- Components of Cash Flow Statement
- Relationships between the three types of budgets (operational, capital, cash)
- Liquidity, solvency, profitability, efficiency ratios
- Trend and benchmark analysis
- Break-even analysis
- Contribution margin
- Time value of money, Net Present Value (NPV), Internal Rate of Return (IRR)
- Interpret financial ratios
- Linking finance to strategic planning
- Develop Key Performance Indicators (KPIs) and dashboard metrics
Who is this course for
PMET professionals (Professionals, Managers, Executives, Technicians) without a financial background, mid-career individuals who must analyse budgets and cash flows and interpret Statement of Financial Positions, income statements, and performance ratios and SME owners and business leaders.
Academic prerequisites
- Learners must be able to read, write, speak and listen English at Secondary level.
- Learners should have at least 1 year’s working experience in any industry.
- Leaners must have basic IT skills such as using a computer and a spreadsheet application.
Course Fees
| Fees | Small Medium Enterprises (SMEs) | Non Small Medium Enterprises | Singaporean Employees aged 40 years and above |
|---|---|---|---|
| Full Fee | $800.00 | $800.00 | $800.00 |
| 9% GST (on full course fee) | $72.00 | $72.00 | $72.00 |
| Funding Amount | $560.00 (70% off course fee) | $400.00 (50% off course fee) | $560.00 (70% off course fee) |
| Nett Fee Payable (incl. GST) | $312.00 | $472.00 | $312.00 |
- SME: Company registered or incorporated in Singapore AND employment size of not more than 200 or with annual sales turnover of not more than $100 million
- Non-SME (MCES): Employee is Singaporean aged 40 years and above
Non-SME: 50% of course fee
Non-SME(MCES): 70% of course fee
- Eligible for Absentee Payroll Funding
- Eligible for SkillsFuture Enterprise Credit (SFEC)
| Fees | Singapore Citizens (40 years and above) | Singapore Citizens (21 to 39 years old) & Permanent Residents (21 years old and above) |
|---|---|---|
| Full Fee | $800.00 | $800.00 |
| 9% GST (on full course fee) | $72.00 | $72.00 |
| Funding Amount | $560.00 (70% off course fee) | $400.00 (50% off course fee) |
| Nett Fee Payable (incl. GST) | $312.00 | $472.00 |
- MCES: Singaporean aged 40 years and above
- Normal: Singaporean / PR aged 21 years and above
Normal: 50% of course fee
- Eligible for SkillsFuture Credit
- Eligible for PSEA Funds
- Eligible for UTAP funding
Finance for Non-financial Managers
Course Highlight
Course Duration
16 HRS
Training Time
9am-6pm
Mode of Training
Classroom
Course Reference Number
TGS-2025059445
Claude Cowork for Business Automation
16 HRS Course
Learn More
Build Apps in a Day with Vibe Coding
8 HRS Course
Learn More
Blockchain & Digital Assets for Business
16 HRS Course
Learn More
Smart with Google Workspace and AI
16 HRS Course
Learn More
Systems Thinking for Professional Growth
16 HRS Course
Learn More
Mastering Excel with AI and CoPilot
8 HRS Course
Learn More
Mastering Data Analysis with Python
16 HRS Course
Learn More