Finance for Non-Financial Managers

Introduction

This short programme equips you with essential financial management principles, tools, and techniques applicable across diverse management contexts. By the end, you'll be able to engage meaningfully in critical managerial processes like budgeting, costing, pricing, working capital management, and financial statement analysis. This is particularly valuable for entrepreneurial businesses lacking specialised financial expertise. 

Next Start Date

TBC

Duration

3 Months

NQF Level

N/A

SAQA ID

N/A

Credits

N/A

Introduction

This short programme equips you with essential financial management principles, tools, and techniques applicable across diverse management contexts. By the end, you'll be able to engage meaningfully in critical managerial processes like budgeting, costing, pricing, working capital management, and financial statement analysis. This is particularly valuable for entrepreneurial businesses lacking specialised financial expertise. 

About the Programme

The programme is designed for managers with no financial management background to understand the financial implications of managerial decisions.  

This programme will enable participants to participate meaningfully in managerial processes such as budgeting, costing, pricing, working capital management and the analyses of financial statements. Such competencies are particularly important in entrepreneurial organisations, which might not have access to specialised financial management capabilities.

Since financial performance is a central indicator of effectiveness for any business, the fundamental financial literacy offered through this programme is a compelling requirement for managers at all levels.

Programme Structure

  • The nature and importance of financial management
  • Business and accounting cycles
  • Financial planning and control – Budgeting
  • Management of working capital and cash flows
  • Pricing strategies and decisions
  • Analysis and interpretation of financial statements 

This course has open enrolment, but proficiency in English is required and numeracy at NQF Level 4 is recommended.

Minimum Admission Requirements

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Foreign students who do not hold a South African matric certificate must present a matric verification from the South African Matriculation Board on application. 

English proficiency 

English Literacy at NQF Level 5 or equivalent is recommended.  Foreign applicants whose first language is not English are required to provide proof of proficiency in English prior to admission to the qualification. 

 

Resources and Support Information

Factsheet

Download our factsheet for everything you need to know about our Finance for Non-Financial Managers course.  

Fees and Payment Terms

Explore a detailed fees breakdown for the Finance for Non-Financial Managers programme to plan your career investment. 

Timetable

Explore our course schedule to effectively plan your Milpark Education journey.

Technology Requirements

Ensure you're prepared with the necessary tech requirements to optimise your online learning experience.

Learning Online

Learn from anywhere with Milpark's online programmes. Access all content and assessments in our virtual learning environment, and study at your own pace with no set meeting times. You have optional live sessions and recorded classes, and lecturers on standby to assist you with all your queries in an online chat room. 

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