Finance for Non-Financial Managers

Finance for Non-Financial Managers

Are you a non-financial manager who feels daunted by discussions with finance professionals, and wants to quickly grasp the important aspects of finance? Dr Arjen Mulder, senior lecturer in corporate finance, will provide you with the tools and insights you need to effectively deal with these challenges and help you turn them into a business advantage.

Understand the financial impact of decisions

During Finance for Non-Financial Managers, you will acquire a strong grounding in the most widely used financial tools. In two days on campus – plus some online work prior to and after the course – you will learn about financial reporting in balance sheets, cash flow and income statements, and how these are used for decision-making, performance management, business improvements and valuation.

RSM's Finance for Non-Financial Managers includes an individual assignment and a follow-up feedback session with your professor to discuss your progress.

Learning objectives

When you have completed this programme, you will be able to:

  • explain how the role of finance can influence the overall success of an organisation
  • understand the key tools used by financial specialists
  • assess the financial performance of your organisation
  • interpret and evaluate financial data with your newfound practical skills
  • understand how organisations have become global leaders by driving their operational excellence
  • utilise your new, practical skills to interpret and evaluate financial data.

Our virtual classroom

In the online version of Finance for non-Financial Managers you will join our virtual classroom, where you will learn the language of finance and gain the confidence to ask critical questions of the financial specialists in your organisation. During the online programme, you can ask the facilitator questions, and interact with your fellow participants via group assignments in virtual breakout rooms. For an optimal learning experience, the programme is split into four modules over two weeks. Each module lasts 3 to 3.5 hours (including breaks). Finally, you can opt to complete a post-programme assignment to train your new-found skills. The programme is led by Dr Arjen Mulder, who is a highly experienced and highly rated teacher in both the classroom and online environment. In order to make the most of these sessions, you will be asked to complete some pre-work assignments in advance.

The programme Finance for Non-Financial Managers is also a component of RSM's Diploma Programme in General Management.

  • Finance for Non-Financial Managers is a module of RSM’s Diploma Programme in General Management (DPGM), but can also be followed separately. The diploma programme is designed so you can tailor it to your personal and professional development needs.

  • This programme is suitable for all managers who wish to enhance their financial knowledge, including:

    • current and prospective non-financial managers
    • consultants with a non-financial background
    • lawyers exposed to finance in their legal practice.

    Most participants hold a bachelor or master degree, and some have a PhD in a field unrelated to finance.

  • * Based on a five points scale

  • Florian Madertoner and Dr Arjen Mulder share the role of teaching the Finance for Non-Financial Managers programme. Occasionally we may substitute other faculty members according to the content of the programme and their availability.

    Florian Madertoner
    Florian Madertoner lectures at RSM, and researches capital structure theory, behavioural finance, fraud, and the history of finance. Florian teaches banking, finance and business in three modules and a minor in RSM’s international bachelor programme, and financial analysis and valuation in the MSc Finance & Investments, and also about financial markets and communication in RSM’s Executive Master in Corporate Communications. He received the "Professor of the Year Award" in 2016, 2017 and 2018 for his undergraduate course on corporate finance. He worked in banking and forensic auditing for 10 years and holds a Master degree in banking and finance from the University of Vienna.

    Dr Arjen Mulder
    Arjen Mulder is an Assistant Professor in Corporate Finance at RSM. He earned his doctorate in business at Erasmus University Rotterdam. His research interests are corporate finance and government interventions in private sector decision-making, such as taxation and investment subsidies for otherwise uneconomic investments. Arjen worked at the Netherlands Economic Institute (now Ecorys) prior to obtaining his PhD. His teaching activities focus on corporate finance and value creation.

  • Most programmes will take place online until 1 March 2021. If you register for a programme that is scheduled to take place after 1 March 2021, we cannot guarantee a face-to-face delivery format.

    Dates

    Virtual classroom  21 - 22 January 2021 > Apply now
    The programme is split into four virtual classroom sessions, taking place on:

    • Session 1: 21 January, 09:00 – 12:30 UTC+1 (including breaks)
    • Session 2: 22 January, 09:00 – 12:30 UTC+1 (including breaks)
    • Session 3: 28 January, 09:00 – 12:30 UTC+1 (including breaks)
    • Session 4: 29 January, 09:00 – 12:30 UTC+1 (including breaks)


    27 - 28 May 2021 > Apply now
    2 - 3 September 2021 > Apply now
    18 - 19 November 2021 > Apply now

    Fees

    Virtual classroom 2020: € 2,205 (excl. 21% VAT)
    Virtual classroom 2021: € 2,250 (excl. 21% VAT)
    Face-to-face 2021: € 2,500 (excl. 21% VAT)

    Fees are including course materials, and lunches and snacks if applicable. These fees do not include hotel accommodation.
    10% discount for alumni from Erasmus University Rotterdam and RSM. More information about the discount.

    General terms and conditions

    Our general terms and conditions apply when you register for an open programme. Please review them to learn more about our policies for cancellation, deferral and substitution.

    Location

    The programme takes place in the Bayle building on the Woudestein Campus of Erasmus University Rotterdam. 

    Hotel accommodation

    We recommend Novotel Rotterdam Brainpark Hotel, adjacent to the university and less than five minutes’ walk from campus. Participants benefit from special rates.

  • Most programmes will take place online until 1 March 2021. If you register for a programme that is scheduled to take place after 1 March 2021, we cannot guarantee a face-to-face delivery format.