Financial Management for Non-Financial Executives

  • Gain the financial acumen to make smarter business decisions in an ever-changing, complex economy.

    • Navigate financial challenges with your accounting and financial team, in partnership rather than dependence.
    • Translate financial reports and cost analyses into meaningful feedback for your team.
    • Connect silos to align organizational goals.
  • Program Overview

    Become a more strategic leader, and expand your cross-functional influence, with a deeper understanding of finance.

    • Build fundamental financial skills, including your ability to record business transactions, read financial reports, identify relevant cost information, budget and assess performance, and analyze working capital, discounted cash flow, and capital expenditures.
    • Practice applying the details of balance sheets, income and cash flow statements, as well as interpret big-picture stories as told through financial data in annual corporate reports.
    • Review typical models of cost allocation among units, products and services and spot how those models can be improved.
    • Make decisions around pricing, cost-cutting and capital investment, and refine your ideas against real-life strategies and outcomes.
    • This program emphasizes the application and understanding of financial information, not its preparation; no prior finance or accounting knowledge is necessary.

    Outcomes & Impact

    • Fit key financial concepts into your corporate strategy.
    • Identify areas for cost savings across your organization.
    • Perform basic financial analyses to inform your day-to-day operations.
    • Make data-driven comparisons between the performance of business sectors.

    Participants and faculty share their experiences with the program.

    Certificates

    This program counts as one credit toward a Darden Certificate in Management . Complete this program and earn three additional credits for a total of four credits within a four-year period to earn your certificate.

    Participants

    This program is designed for executives and managers who lack formal financial training and want to understand and implement key information without extensive number-crunching.

    FMF participants

    Faculty

    Mark Haskins

    Mark E. Haskins

    Professor of Business Administration
    Haskins has privately consulted as well as designed and delivered Darden Executive Education programs for numerous organizations, ranging from branches of the U.S. military to companies such as AES Corp., IBM, Norfolk Southern Railway Co., Aetna Inc., Rolls-Royce and MCI. 

    Mary Margaret Frank

    Samuel A. Lewis Sr. Faculty Fellow and Associate Professor of Business Administration | Institute for Business in Society Academic Director
    Frank has been repeatedly recognized for her expertise in tax policy and tax education. She has interest in public-private partnerships, health care topics and other areas as well.

     

    Luann J. Lynch

    Almand R. Coleman Professor of Business Administration
    Lynch began her career as a financial analyst for Procter & Gamble and later worked at Roche Biomedical Laboratories Inc., where she was a manager of corporate pricing before becoming assistant vice president and director. Her industry experiences fuel her research interest in the design and impact of accounting, incentive and compensation systems.

    Location

    Darden School of Business
    Charlottesville, Virginia

    As a participant, you'll stay in a private room at the  Inn at Darden, our highly rated hotel adjacent to the classroom buildings and dining center. Accommodations are included in your tuition.