Overview

You work in one of the following departments (IT, Marketing, Sales…) with a decade of work experience. You have finally climbed the ladder to become a manager – one of the decisionmakers. At your first meeting with the other directors and executives, the quarterly earnings report is being discussed, and despite your years of expertise you feel lost; you have no formal training in finance. It is a fact that financial decision making impacts every aspect of a business. Finance for Non-Finance Professionals is a 3-day program that will teach you how to create a budget, manage costs, and use financial information to make decisions.

Program Objectives

• Understanding Financial Statements: Participants will learn how to interpret financial statements and diagnose potential problems. They will gain a comprehensive understanding of how income statements and balance sheets are created, enabling them to analyze and comprehend the financial health of their organization.
• Managing Budgets and Costs: This objective focuses on the creation, management, and effective utilization of budgets to control costs and enhance value within the organization. Participants will explore techniques used to forecast and control costs, gaining practical insights into optimizing resource allocation and budgetary decision-making.

Who should attend

• Any professional who wishes to gain the skills necessary to understand how businesses operate and how financial information is presented, analyzed, and interpreted.
• Any professional with budget responsibility or who wishes to understand how budgets and costs can be effectively controlled.
• This course is suitable for managers, directors, lawyers, and professionals of all levels, across any industry, who are expected to make business decisions with a direct financial impact on their business’s bottom line.

Faculty

Dr. Grubisic started his career in 2002 in the USA as a finance analyst at Sodexho Inc. In 2007, he became Head of Corporate Finance within Erste Group and was in charge of the Croatian market. Erste Group Bank AG is one of the largest financial services providers in Central and Eastern Europe serving 15.7 million clients. In 2010, he started a corporate finance firm: Grubisic & Partners focusing on Mergers and Acquisitions, Capital Raising, Valuations, and due diligence. Since 2004 Andrej has been a professor of finance in undergraduate and MBA programs at the Zagreb School of Economics and Management and starting in 2016 he will be a visiting professor of finance at Toulouse Business School in France.

How to finance your training 

• Financial support from the State 

Luxembourg School of Business is accredited by the Luxembourg Ministry of Higher Education and Research and recognized as a continuing education organization. As a result, your company can benefit from financial aid from the Luxembourgish state for the training of its employees.

For more information, please follow this link https://bit.ly/3hacjIg

• Tax Deductibility for individual

Any taxpayer with net income from a salaried occupation may deduct the cost of professional development as business expenses (frais d’obtention) from his taxable income from the salaried occupation. Further training expenses which are related to the taxpayer’s current activity fall within the scope of the acquisition costs of article 105 of the ITA and are therefore deductible from taxable income.

For more information, please follow this link https://bit.ly/3vcoLz5

Certificate

Upon completion of the course, you will receive a certificate to add to your CV and LinkedIn profile.

Practical information

The course takes place from 9:00 a.m. until 5:00 p.m.

Luxembourg School of Business is located at 46 Côté d’Eich, 1450 Luxembourg.

If you are coming by car, LSB has free parking accessible from the right of the building.

If you are coming by bus, the ”Eecher Plaz” bus stop is situated just a 1-minute walk from the school.

Please note that parking spaces are limited and we encourage you to take the free public transport.

Contact

Julien Alves

Executive Education Manager

M: (+352) 621 659 555

E: julien.alves@luxsb.lu

https://www.linkedin.com/in/julien-alves/