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Executive Education Financial Acumen for Non-Financial Executives Feb 27 - Mar 01, 2018 09:00 am - 06:00 pm

Financial Acumen for Non-Financial Executives · United Energy Pakistan Ltd. Financial Acumen for Non-Financial Executives ... Capital Market Research and Options and Futures

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Page 1: Financial Acumen for Non-Financial Executives · United Energy Pakistan Ltd. Financial Acumen for Non-Financial Executives ... Capital Market Research and Options and Futures

KSBL Size: 7 x 10

Executive Education

FinancialAcumen for

Non-FinancialExecutives

Feb 27 - Mar 01, 201809:00 am - 06:00 pm

Page 2: Financial Acumen for Non-Financial Executives · United Energy Pakistan Ltd. Financial Acumen for Non-Financial Executives ... Capital Market Research and Options and Futures

KSBL Size: 7 x 10

Financial Acumen for Non-Financial Executives

Developing �nancial acumen is critical for all managers regardless of their function in an organization. After all, when it comes to deciding how well a management team has performed, a few key �nancial measures (ROI, NPV, EVA, EBITDA etc.) seem to have the �nal say. Consequently, a management team that is unmindful of these �nancial measures may end up destroying value for their �rm rather than

creating it. But often, non-�nancial managers lack even a basic understanding of simple �nancial concepts. As a result when conversations drift to �nancial and accounting matters in executive meetings, concepts. As a result when conversations drift to �nancial and accounting matters in executive meetings, concepts. As a result when conversations drift to �nancial and accounting matters in executive meetings

non-�nancial managers shy away from participating in discussions and sharing their professional insights. It often happens during the discussions on budget proposals and project �nancials.

“A lot was covered in 3 days.”

Sabeen JatoiCommunications Manager

United Energy Pakistan Ltd.

Financial Acumen for Non-Financial Executives provides a focused and hands-on overview of the fundamental and commonly used �nancial concepts and techniques in businesses. The programme is designed to equip non-�nancial managers with management skills that enable them not only to engage in conversations related to core �nancial matters but also to conduct basic �nancial analysis themselves.

Enterprise Leaders Enterprise Leaders (ENL)

Head of OrganisationHead of Organisation

C-Suite Leaders (CSL)C-Suite Leaders (CSL)Leadership Team

Emerging Leaders (EML)New Leaders Being Groomed for

CSL Positions

High Potential Leaders (HPL)Potential Leaders Being Groomed

for Leadership Position

Ideal Target AudienceC-Suite and Emerging

leaders with non-�nancial

backgrounds who are looking to augment their

�nancial knowledge. Organisations are

encouraged to send executives from

functional areas such as Operations, Planning, IT,

Marketing, HR, Legal, Government A�airs and

Research & Development

Audience

“Excellent resource with clear understanding of the concept and knows how to deliver the

knowledge.”

Qasim QayyumParticipated as: Director Sales -Logistics

TCS Pvt Ltd

“Excellent management, good professor and KSBL is MashaAllah at international standards of teaching.”

Sharique Siddiqui Participated as: Chief Executive O�cerPakistan International Bulk Terminal Ltd

Page 3: Financial Acumen for Non-Financial Executives · United Energy Pakistan Ltd. Financial Acumen for Non-Financial Executives ... Capital Market Research and Options and Futures

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Aga Khan University Hospital CSDEnglish Biscuit ManufacturersEngro CorporationEngro Polymer & Chemicals Ltd.Fatima GroupInbox Business TechnologiesIndus Motor Company Limited

Lucky Cement Ltd.Pakistan International Bulk Terminal Ltd.Pakistan Petroleum Ltd.TCS Express and LogisticsUnited Bank Ltd.United Energy Pakistan Ltd.United Towel Exporters

Some Participating Organizations of Previous Programs Included:

Learning Methodologies

Use of diverse learning methodologies like interactive lectures, exercises, case studies, presentations and group activities, to ensure maximum learning.

Coverage Key Takeaways

Develop basic accounting knowledge. Demystify the use and value of the "three" basic �nancial statements.

Comprehend and acquire techniques for drawing meaningful information from reported �nancial numbers for better managerial decision making.

Learn and apply concepts of Time Value of Money.

Acquire skills to make basic investment decisions at personal and business levels.

Explore the concept of value in �nance and learn to make value creating decisions in business.

Discover capital budgeting techniques for analyzing and executing project investment decisions.

Day 1 The program begins with developing a basic understanding of �nancial statements. With concrete examples and insightful analogies, the module gradually builds a clear comprehen-sion of major �nancial statements, their contents and structures. Once the participants have become familiar with the �nancial reporting side, they are able to analyse the numbers from a management perspective.

Day 2 Here the program focuses on techniques for creating value for the business in long-term decisions. Beginning with the basics of time value of money, the key concepts used in business valuation are developed.

Day 3 Eventually the program narrows on more complex capital to budgeting situations. Here participants learn standard project evaluation techniques for e�ective decision making for project investment.

After attending this program participants:

Page 4: Financial Acumen for Non-Financial Executives · United Energy Pakistan Ltd. Financial Acumen for Non-Financial Executives ... Capital Market Research and Options and Futures

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Dr. Zeeshan is an Associate Professor at KSBL. Prior to joining KSBL he was heading the undergraduate program in Accounting and Finance at Suleman Dawood School of Business, Lahore University of Management Sciences (LUMS).

Dr. Zeeshan has over ten years of diverse experience including training, research and consultancyexperi-ence. After completing his MBA from IBA Karachi, he worked as a management consultant with Ferguson Associates, an a�liate �rm of PricewaterhouseCoopers. He completed his Ph.D. from Mississippi State University, US in the discipline of Finance. Professionally, he is a CFA and has also passed all CPA examina-tions – the two most respected professional quali�cations in Finance and Accounting respectively.

His decade-long experience as an academician comprises of teaching and training using a variety of pedagogical techniques (including case method) at top business schools in Pakistan. He has also been in�uential in shaping the curriculum for business education at these schools.

There are several areas in which Dr. Zeeshan has designed and conducted executive training workshops. Some notable mentions are Finance for Non-Financial Managers, Corporate Financial Management, Management Development Program, Understanding Corporate Financial Statements, Islamic Finance, and Accounting for Executives.

Dr. Zeeshan AhmedRector & Dean, KSBLAssociate Professor of FinancePh.D., Mississippi State University, USAMBA, IBA KarachiCFA and CPA

Program Faculty

Professor Dr. Iqbal Tahir holds PhD and MSc degrees from Australian National University, and MEc from University of New England, Australia. He has had extensive teaching experience in Australia at Australian National University, Gri�th University, University of Canberra and Univer-sity of Technology Sydney, as well as Nottingham University, UK and Stockholm University, Sweden. He has numerous research papers and publications internationally, and his research interests include Islamic Banking, Islamic Accounting, Application of Stochastic Calculus in Accounting and Finance, Capital Market Research and Options and Futures.

Dr Mohammad Iqbal TahirProfessor in Accounting and Finance, KSBLBSc, MSc (PU), MPhil (QAU), Grad Dip Ed, Grad Dip Prof Acc (UC), MEc (UNE), MSc, PhD (ANU), CPA

Page 5: Financial Acumen for Non-Financial Executives · United Energy Pakistan Ltd. Financial Acumen for Non-Financial Executives ... Capital Market Research and Options and Futures

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Venue: KSBL Campus

Investment: PKR 45,000/- per participant

Dr. Muhammad Imran Chaudhry is an Assistant Professor in the areas of economics, �nance & accounting at the KSBL. He completed his PhD from the department of Applied Economics at the Ohio State Univer-sity. In the past, Dr. Imran has taught undergraduate and graduate level courses at the Beacon House National University (BNU) and the Information Technology University (ITU). Prior to that, he worked on an Acumen Fund development project in rural Pakistan and as a Research Associate with the Social Enter-prise Development Centre (SEDC) at the Lahore University of Management Sciences (LUMS). Dr. Imran has consulting experience in the areas of agricultural markets, agribusiness and family business.

Dr. Imran earned his undergraduate degree in Accounting & Finance from LUMS and passed all CFA exams in 2011. Thereafter, he completed dual graduate programs in the areas of economic theory and agricultural & development economics from Ohio State University en route to his PhD. In terms of research, Dr. Imran utilizes a wide array of methods including economic modeling, applied econometrics and numerical simulations to examine policy relevant issues broadly related to the �elds of agricultural economics and �nancial economics. His research has been presented at the American Applied Econom-ics Association and Midwest Economics Association conferences. His research has also been accepted for publication in reputable journals e.g. Issues in Accounting Education and Applied Financial Economics.

Dr. Muhammad Imran ChaudhryAssistant Professor of Business Economics & Finance, KSBLPhD, Ohio State University, USAMA Economics, Ohio State University, USAMS Agricultural & Development Economics, Ohio State University, USABBA, Lahore University of Management Sciences (LUMS), Lahore

Program Faculty

KSBL reserves the right to make changes in the programme, policies, dates and fee at any time.

UAN: (92 21) 111-11- KSBL (5725) PABX: (92 21) 34855382, 38771999 Ext: 558Address: National Stadium Road, Opp. Liaquat National Hospital, Karachi – 74800

[email protected]