Appropriate business decision-making is critical in today’s competitive business world. To contribute effectively and efficiently to strategic business decision-making, all professionals, regardless of their core specialization, must comprehend the commercial aspects of the firm.
Executive Diploma in Financial management for engineers. Engineers, as frontline technocrats, are a part of the team responsible for making various commercial decisions in the organization’s best interests, which necessitates significant understanding in Cost, Finance, Taxation, Business Laws, and other related areas.
Here, in the Institution of Business management (IBMS), we offer an Executive diploma in Financial management for engineers.
This course was created primarily for Engineers who want to combine their subject expertise with the commercial link in a practical way.
To explore subjects like:
- Financial Accounting
- Managerial Economics
- Portfolio & Risk Management
- Cost Accounting
- International Finance Management
The following people may benefit from doing an executive diploma in Financial management for engineers:
- Engineering graduates from any field
- Front line Technocrats
- Decision makers
- Engineers who work on commercial proposals such as bidding and evaluations, maintenance, quality engineering, and cost engineering, among other things.
- Those who want to gain a competitive edge in their Engineering profession by learning the fundamentals of cost and management accounting, finance, and corporate law.
OUTCOMES:
The goal of the training is:
- Recognize and apply the costing framework to diverse managerial decisions.
- Figure out how much products and services will cost.
- Gain a thorough understanding of accounting systems and financial reporting.
- Gain a thorough understanding of important ratios and their applications, as well as working capital management.
- Understands the foundations of commercial contracts and agreements that are relevant to business decisions.
- Gain a working knowledge of indirect taxes and how they are applied in the industry.
- Learn the fundamentals of project management, risk, mitigation, and risk management.
- Learn about treasury management, debtors’ management, and inventory control.
Eligibility Criteria
- 60% during Graduation
- Working experience of a few years will be beneficial.
To Enroll in the Executive Diploma program at the Institute of Business Management Studies (IBMS) to be a part of the current growing market!
Check our website for more information regarding the courses and fee structure.