Mini MBA in Accounting and Finance

Course Overview: Mini MBA in Accounting and Finance

The Mini MBA in Accounting and Finance offers a comprehensive overview of key principles and practices essential for financial management and accounting. This program provides a deep dive into financial accounting, management accounting, and financial analysis, equipping participants with the skills to interpret financial statements, manage budgets, and make informed financial decisions. Emphasis is placed on understanding core accounting concepts, financial reporting, and the regulatory environment affecting financial practices.

Course Objectives

• Core Accounting Principles
• Financial Analysis Techniques
• Strategic Financial Management
• Regulatory and Compliance Requirements
• Practical Application and Case Studies

Target Audience

• Accounting and Finance Professionals
• Business Managers and Executives
• Financial Analysts
• Aspiring CFOs and Financial Managers
• Entrepreneurs and Small Business Owners

Course Duration

• 3 weeks (with daily sessions of 4 hours).

What you will learn?

Condensed Course Modules

Week 1: Core Accounting Principles and Financial Analysis

Day 1: Introduction to Accounting

• Overview of accounting principles and concepts
• Financial vs. management accounting
• Key financial statements: Balance sheet, income statement, cash flow statement

Day 2: Financial Accounting

• Preparation and analysis of financial statements
• Revenue recognition and expense matching
• Accounting for assets, liabilities, and equity

Day 3: Management Accounting

• Cost behavior and cost analysis
• Budgeting and variance analysis
• Performance measurement and management accounting reports

Day 4: Financial Analysis Techniques

• Ratio analysis: Liquidity, profitability, solvency, and efficiency ratios
• Trend analysis and financial forecasting
• Techniques for evaluating financial performance

Day 5: Case Studies in Accounting

• Analysis of real-world financial statements
• Group discussions on case studies
• Application of accounting principles to practical scenarios

Day 6: Advanced Financial Analysis

• Advanced techniques in financial analysis
• Valuation methods: Discounted cash flow, comparables
• Investment appraisal methods: NPV, IRR

Day 7: Review and Q&A

• Review of Week 1 topics
• Open session for questions and clarifications
• Preparation for Week 2

Week 2: Strategic Financial Management and Compliance

Day 8: Strategic Financial Management

• Capital budgeting: Techniques and decision-making
• Financial planning and forecasting
• Long-term financing options and strategies

Day 9: Investment Analysis and Risk Management

• Investment analysis: Risk and return, portfolio theory
• Risk management strategies: Hedging, diversification
• Financial instruments and their uses

Day 10: Regulatory Environment and Compliance

• Overview of financial regulations: IFRS, GAAP
• Compliance requirements and reporting standards
• Understanding the role of auditors and regulators

Day 11: Financial Planning and Control

• Developing financial plans and budgets
• Variance analysis and performance control
• Strategic financial planning and business forecasting

Day 12: Case Studies in Financial Management

• Real-world case studies on capital budgeting and financial planning
• Group analysis and strategic decision-making
• Application of financial management theories

Day 13: Advanced Financial Strategies

• Advanced topics in financial management: Mergers and acquisitions, corporate restructuring
• Evaluating financial strategies and their impact on business

Day 14: Review and Case Study Presentations

• Review of Week 2 topics
• Presentation of group case studies and projects
• Discussion and feedback on financial management strategies

Week 3: Practical Application and Integration

Day 15: Integrating Accounting and Finance

• Linking accounting principles with financial management
• Integrating financial analysis with strategic planning
• Best practices for financial decision-making

Day 16: Practical Applications and Simulations

• Simulation exercises in financial planning and management
• Hands-on activities in accounting and financial analysis
• Real-time problem-solving scenarios

Day 17: Financial Reporting and Communication

• Effective communication of financial information
• Preparing and presenting financial reports to stakeholders
• Techniques for clear and impactful financial reporting

Day 18: Strategic Financial Management Case Studies

• In-depth case studies on strategic financial management
• Group discussions and strategic analysis
• Application of advanced financial strategies

Day 19: Final Project Work

• Completion of final individual or group projects
• Presentation and discussion of project findings
• Peer reviews and feedback

Day 20: Final Review and Assessment

• Comprehensive review of all course topics
• Final assessment: Test and evaluation of projects
• Feedback session and discussion on key takeaways

Day 21: Course Wrap-Up and Certification

• Reflection on course learnings and applications
• Presentation of certificates
• Discussion on next steps and further development opportunities

Materials and Resources:

• Training Manual and Handouts
• Online Resources and Tools
• Recommended Reading and Study Materials
• Access to Workshops and Webinars

Assessment and Certification:

• Evaluation Methods: Quizzes, assignments, case studies
• Certification: Certificate of Completion

Assessment and Evaluation

• Daily Quizzes and Assignments: To reinforce daily learnings and ensure comprehension of key concepts.
• Case Study Analyses: Participants will analyze and present case studies on international HRM challenges.
• Final Project: Development of a comprehensive IHRM strategy for a hypothetical multinational company, to be presented on the last day of the course.

Reading Materials and Resources

• Textbooks:
  • International Human Resource Management by Peter J. Dowling, Marion Festing, and Allen D. Engle.
  • Managing Across Borders: The Transnational Solution by Christopher A. Bartlett and Sumantra Ghoshal.
• Articles and Case Studies:
  • Selected readings from Harvard Business Review and International Journal of Human Resource Management.

Instructor and Support

• Instructor:  experienced in IHRM)
• Office Hours: Available daily for one-on-one consultations.

This accelerated course is designed for professionals seeking to rapidly gain expertise in International Human Resource Management, providing practical skills and strategic insights for managing global workforces effectively.