“MCCI Corporate Training Program on the Importance of Financial Knowledge for Non-Financial Executives”

A Full day corporate training program on Finance for Non-Financial Executives driven by dr. Saptarsi Dev, Management Director, Accenture, was hosted by MCCI today.

Dr. Saptarsi Dev has 20 years of rich experience in corporate finance and technology consulting, with a strong track record of driving business growth and creating business value. He has a strong technology and consulting background in finance, supply chain, project operations and reporting.

The program has been designed to enable professionals, particularly in functional areas other than finance such as sales, marketing, human resources, research and development, production, purchasing and others, to acquire a in-depth working knowledge of critical financial principles in an easy-to-follow format. manner, enabling them to make critical business decisions involving cost savings, budgets, new project decisions, financial planning, growth strategies among others.

“Finance for non-finance is important because it will help the non-finance executive to make decisions, because it helps to analyze financial statements, to understand how to analyze costs and benefits and how to reduce costs and implement works in a more meaningful way to help the business to make profit.It also helps in planning and taking the corrective actions for the future if necessary, and most importantly it helps the managers to evaluate the projects in which the company invests – said Dr Dev.

“For non-financial executives, learning financial concepts is a great way to enhance the skills and abilities to manage the financial aspects of a business entity. Most companies prefer to hire executives who have the basic knowledge of finance, in fact we are all decision makers in our own rights and to make the right decision an understanding of finance is important. – Shri Rishabh C. Kothari, President, MCCI

More than 75 professionals from all industries and verticals participated in the program. Dr. Saugat Mukherjee, Managing Director, MCCI moderated the Company training program during the Session.

Participants had the opportunity to understand and analyze financial statements as well as grasp the fundamental principles of finance.

The training program covered Capital budgeting and financial forecasting, Working capital and cash management, Ratio analysis, Financial GIS, etc.

About the author of the article

Souman Munshi

Founding editor of IBG NEWS (15/March/2012- 09/August/2018). 2018 Udar Akash Rokeya Shakhawat Hossain Award Recipient. 2011 National Geographic & Canon Wild Clicks Jury and Public Poll Winner. Studied Post Graduate Advance Dip in Computer Sc., MBA IT, LIMS (USA & Australia), GxP (USA & UK), BA (Sociology) Dip in Journalism (Ireland), Diploma in Vedic Astrology, Numerology, Palmistry, Vastu Shastra & Feng Sui 25 years in digital and IT industry with global multinationals has worked and traveled in USA, UK, Europe, Singapore, Australia, Bangladesh and many other countries. Education and training advance R&D management and technology from India, USA, UK and Australia. More than 30 certifications from world leaders in R&D and education. Computer science teacher, IT and LIMS expert with a large following of fans in his community. Secretary General of West Bengal State Committee of All India Journalists Association

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