FINANCE
FOR THE
BOARDROOM
ing
orm e
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n
Tra wledg n
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into
OVERVIEW
Directors and senior managers deal regularly with strategic and financial
decisions, reviewing proposals and evaluating alternatives. This programme
is for anyone who operates at a senior level of an organisation of any size or
sector, who uses financial data but lacks formal training in finance. It will give
you the tools to address financial performance, evaluate business plans and
use financial strategy to create long-term value.
An understanding of the techniques provides the ability to interpret financial
data and brings with it the confidence to demand decision-relevant information.
Our finance faculty use their own practical business experience to bring the
subject to life, enabling you to apply the concepts in your own organisation.
Please see website for dates and fees.
DURATION
TO BOOK CONTACT:
3 days, residential
Louise Gardener
T: +44 (0) 1234 754412
E: louise.gardener@cranfield.ac.uk
Book online at www.cranfield.ac.uk/som/ffb
KEY BENEFITS
CORE CONTENT
• Insight into how financial
strategy can help drive value in
your organisation
• Understanding of how your
business model translates into
the financial numbers
• Appreciation of the practical
implications of investment
decisions and acquisitions
• Confidence with the language
of finance, bringing with it an
ability to challenge financial
presentations.
• Long-term value: what it is,
why it matters and how best to
achieve it
• The cost of capital, its
relevance to decisions
and how to determine an
appropriate capital structure
• What a company’s accounts
really tell us and what they
don’t disclose
• Investment appraisal
techniques
• Company valuation methods
• Acquisition appraisal and the
real meaning of ‘synergy’
• Other material determined
relevant by the participants.
For example: private equity,
initial public offerings, analysis
of financial instruments.
General Enquiries:
W: www.cranfield.ac.uk/som/executive | T: +44 (0)1234 754570 | E: som.action@cranfield.ac.uk
DELEGATE PROFILE
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•
•
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Directors
Partners
Senior managers
Consultants
Technical experts.
THIS WAS AN
OUTSTANDING USE
OF MY TIME: THE
CLOUDY CLARIFIED,
THE COMPLICATED
SIMPLIFIED AND THE JARGON
VAPORISED.
James McEuen
CHIEF EXECUTIVE, NEUTRAHEALTH
Book online at www.cranfield.ac.uk/som/ffb
TIMETABLE
DAY 1: SHAREHOLDER VALUE
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•
What is shareholder value and why does it matter?
Balancing risk and return
Cost of capital
Seven drivers of value
Linking financial and business strategy
What do the accounts tell us?
Interpreting the balance sheet and income statement
Ratio analysis.
DAY 2: INVESTMENT APPRAISAL AND COMPANY VALUATION
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•
•
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Commonly-used methods of investment appraisal
Relevant cash flows for investment cycles
Making the business case
Common errors in preparing forecasts.
DAY 3: FINANCIAL INSTRUMENTS
• Acquisitions
• Additional content dependent on participants’ aims – could include; Initial Public Offerings (floating a company) or Private Equity.
General Enquiries:
W: www.cranfield.ac.uk/som/executive | T: +44 (0)1234 754570 | E: som.action@cranfield.ac.uk
PROGRAMME DIRECTOR
DR RUTH BENDER
Reader in Corporate Financial Strategy
Prior to joining Cranfield Ruth was
a partner in Grant Thornton, where
latterly she specialised in corporate
finance. During this period she
undertook various secondments,
including a year working as a private
equity investment manager in the
City. She is a chartered accountant
and was for 13 years a committee
member of the ICAEW’s Faculty of
Finance and Management. Other
outside roles have included nonexecutive directorships of a Health
Authority and an NHS Trust, and
membership of the Independent
Remuneration Panels for two local
authorities.
Her research interest is in the
practical implications of corporate
governance: in particular as it affects
boards and board committees.
She has worked with remuneration
committees and audit committees of
larger companies.
Ruth’s PhD focused on executive
remuneration, and she conducted
interviews at FTSE 350 companies
and with consultants to determine
how executive pay was determined.
Book online at www.cranfield.ac.uk/som/ffb
CRANFIELD MANAGEMENT
DEVELOPMENT CENTRE
Our Open Executive Programmes are
held at the Cranfield Management
Development Centre (CMDC). Full
board accommodation (where
applicable) and all sessions are
usually held at this specifically
designed conference centre which
has an established reputation for
being one of the best centres in the
country.
Located in a rural, tranquil setting on
the Bedfordshire/Buckinghamshire
border, CMDC is conveniently
situated by the M1 motorway, railway
stations and major airports. We even
have an airport on site!
TAKING CARE OF YOUR
EVERY NEED
We understand that development
doesn’t only happen in the lecture
room. That is why the CMDC
provides inviting lounge areas
where you can network with your
colleagues, restaurants that allow
conversation to flow easily as you
enjoy the excellent cuisine, and
fitness facilities, including a swimming
pool, sauna and exercise room, to
relax and invigorate you at the end of
the day.
A HOME FROM HOME
After a hard day’s learning, lie back
and relax in one of the 186 modern
en-suite bedrooms, all of which are
designed to make you feel at home.
The amenities include free Wi-Fi,
freeview television, a great working
area with appropriate light and desk
space and a music centre to help you
unwind.
General Enquiries:
W: www.cranfield.ac.uk/som/executive | T: +44 (0)1234 754570 | E: som.action@cranfield.ac.uk
Peterborough
A1(M)
Cambridge
Bedford
Milton
Keynes
Cranfield
Stansted
Luton
M1
M11
M25
London
M4
Heathrow
M20
Gatwick
M23
PLEASE BE AWARE:
The information in this brochure was correct at the time of going to press. However, as part of the on-going
development of our programmes, delegates, leading academics and practitioners continually review the
programmes and their content.
We have made every effort to use accurate descriptions, images, quotations and references but errors and
omissions may occur and are expected. Please check the programme page on the website for the latest
information, fees and offers.
Cranfield School of Management reserves the right to amend the published programmes. For full terms and
conditions please see our website:
www.cranfield.ac.uk/som/executive/tc
CRANFIELD MANAGEMENT DEVELOPMENT LIMITED
Cranfield, Bedford, England, MK43 0AL
T: +44 (0) 1234 751122
F: +44 (0) 1234 751806
www.cranfield.ac.uk/som/executive