Understanding corporate finance for corporate leaders and managers is essential for leading successful businesses.  Unlike other business professionals who have spent several years to master their knowledge of finance, managers often spend just a few weeks to learn financial principles through refresher or supplementary courses.  Finance has not been a main focus because leaders and managers often use finance as mere corporate data, and do not need the level of expertise required by professionals who are in the finance field.

What is finance?  Is finance a profession or a mere tool of management?

The right answer depends on who you are—Finance must be your profession if you work in your company’s financial department.  On the other hand, it will be a tool for your “managing professionals” if you are a business leader or a manager.

Therefore, a clear distinction is needed between finance for accountants and finance for leaders and managers.

To become a finance professional, eight years must be devoted, which includes four years of formal study with a finance and accounting major, together with an additional four years of practical, on-the-job experience working in a finance-related position.

However, what about a manager who has never had any academic courses in finance?  How long will it take you to learn and use finance as a management tool?

The answer for this question lies in the PACE training program—Finance for Leaders and Managers.  This is an intense, two-week program — versus eight years — to comprehensively learn how to use corporate finance as an effective management tool.

Upon completing this program, you will be able to:

• Understand general business finance

• Organize the financial management strategy for your business

• Analyze and utilize corporate financial data

• Gain awareness of capital sources available in the market

• Analyze and evaluate investment projects with respect to finance

• Understand all channels of capital mobilization and optimally mobilize your capital

• Appraise project investment

• Manage cash flow and liquidity

• Understand the overview of financial market and securities markets

• Understand the overview of foreign currencies and international payments

• Generally better understand interest, inflation and other influences affecting your corporate finances

With highly effective consultative training methods, this has been a very successful program in the past ten years.  Thousands of senior executives and business leaders from both local and foreign companies in Vietnam have participated in this course on Finance for Leaders and Managers.

For more information about the program, please contact PACE Enrollment Department at (84‑8) 3837 0208.  A special discount is available for early registration and tuition payment.