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Finance course: Equips with exhaustive knowledge about financial management of business by wlci fashion





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Finance course: Equips with exhaustive knowledge about financial management of business by
Article Posted: 03/28/2013
Article Views: 63
Articles Written: 62
Word Count: 487
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Finance course: Equips with exhaustive knowledge about financial management of business


 
Education

A professional level programme in finance management will provide you knowledge and abilities in the following areas: Financial management (FM) is important for every business. All the activities of the business depend upon the availability of money and therefore this resource/asset of the organization needs to be handled in the best manner to ensure smooth functioning of the business. Every business organization has limited resources and finance is no exception. To make optimum utilisation of the financial resources, competent individuals with updated knowledge about finance are required.

• Accounting & transaction & Processing (A & TP): this module will equip you with knowledge of the principles and applications in financial accounting and management. You’ll get knowledge about financial accounts and different transaction processes.

• Costing, MIS & Budgetary Control: You’ll get to know about the calculation of the cost of production, allocation of optimum expenditure to different factors of production and to various activities of the business. This module will acquaint you with the fundamentals of Costing, preparation of budget etc.

• Audit: This unit will acquaint you with the process of internal audit, vouchers and various concepts such as payments and receipts under FEMA, the role of auditor. This module will provide you knowledge about the audit process of different types of organization which vary in nature and objectives. You’ll get knowledge about audit process of profit-oriented organizations, non-profit organizations, NGOs, cooperative societies, government departments.

• Tax & Statutory Compliance: This aspect of finance will provide you training in different concepts of taxation, application of tax laws, direct and indirect taxes etc.

• Financial Services: This unit will train you in the process of sales of financial products and you’ll get knowledge about risk management, functioning of capital markets, investment banking etc.

• Treasury: This unit will introduce you to the structure of treasury, integrating various sources of treasury, legislative restrictions and compliances, bond dynamics, accounting valuation etc.

• Project Financing & management: In this aspect of finance course, you’ll learn about the role of project division. You’ll gain knowledge about the various process included from the start of the project to its completion. You’ll get an understanding of various factors such as procurement, logistics and resource management.

To get the best training in Finance, you need to pursue a business management course. To get the best education in the same, it’s advisable that you choose the best business college which focuses on providing industry-oriented course content and further the best placement. WLC College (WLCI) which is one of the best management institutes in the country offers an industry-relevant course content prepared by seasoned professionals. Its placements are the best in the industry.

A career in finance is very promising. You can get a thorough training in financial management from a reputed management institute. It will give you complete knowledge about managing the highly important monetary aspect of a business.

Related Articles - Management Programmes in India, business management institute,

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