Finance for the Non-Financial (1)

Intake Opening Soon 08:30 - 10:00 Introductory

Laying the Foundation – Why Financial Knowledge Matters

In this first session, we will look into the significance of financial knowledge for non-finance professionals. The module will delve into the reasons why a good understanding of financial concepts is imperative for individuals across various organisational roles.

Key Topics:
1. Why is Financial Knowledge Important

  • Establishing the link between financial literacy and effective decision-making.
  • Illustrating how financial acumen contributes to organisational success.
  • Identifying the repercussions of lack of financial knowledge in various business scenarios.

2. Basic Principles

  • Introducing fundamental financial principles applicable to diverse roles.
  • Building a foundation for subsequent sessions on financial statements and budgeting.
  • Highlighting the interrelation of financial principles with day-to-day operations.

This initial session sets the foundations for participants to grasp the holistic importance of financial knowledge, laying the groundwork for the subsequent session.

Total Learning Hours

Full course: 1.5 hour

Hours include contact hours, supervised practice hours, self-study hours and assesment hours.

Trainers

Kurt Muscat

Kurt is an economist and accountant, with over 5 years of experience. He is presently an Assistant Manager at EMCS Advisory Ltd. He holds a Master of Science in Economics from the University of Malta and an ACCA qualification. This unique combination equips him with a robust skill set in economic theory, financial management, and data analysis.

He specialises in financial modelling, analysis, forecasting, and business valuations. His skills and knowledge are valuable assets in helping businesses make informed decisions, manage risk and maximise shareholder value. He also conducted various comprehensive economic research and analysis, investigating market trends, economic indicators, and policy implications. His expertise extends to performing meticulous economic impact assessments, rigorous cost-benefit analyses, and detailed feasibility studies across diverse projects and initiatives. Kurt’s portfolio includes impactful contributions to sectors such as tourism, public transport, employment, and environmental sustainability.

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