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Finance for Non-financial Managers

Don’t let fear of finance hold you back! This course is designed for managers who need to make financial decisions. It is designed to give you confidence and working knowledge of business financials. Participants will gain knowledge of financial terms and principles and are encouraged to provide documents and case studies to apply concepts to real world situations.

How You Will Benefit

  • Get a firm grasp of the financial management expectations – demystify the numbers!
  • Learn how to “think finance” and translate performance into financial terms
  • Understand the business dynamics of dollars and cents to take initiatives that meet your department’s short- and long-term goals
  • Take the guesswork out of your decision making and deliver a better bottom line
  • Expand your professional expertise—and your career opportunities

Summary of Course Topics

  • Balance Sheet
  • Income Statement
  • Statement of Cash Flows
  • Generally Accepted Accounting Principles
  • Annual Report
  • Analysis of Financial Statements
  • Key Financial Ratios
  • Overhead Allocation and Costing
  • Profit Analysis
  • Return on Investment
  • Financing the Business
  • Stocks, Bonds, and Options
  • Business/Marketing Planning

Contact Information

East Grand Forks Campus
  • Pat Balstad
  • Director of Lifelong Learning
  • (218) 793-2484
Thief River Falls Campus
  • Kirsten Michalke
  • Director of Workforce Development
  • (218) 683-8647
  • DeAnna Murphy
  • Continuous Improvement Specialist/Leadership
  • (218) 751-0524
  • Norma Smith
  • Customized Training Representative
  • (218) 686-5759
  • Connie Troska
  • Continuous Improvement Specialist - Lean Healthcare
  • (218) 683-8651