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21 Nov, 2017

6th Management Development Program on "Finance for Non-Finance Executives" on November 18, 2017 @ GLBIMR

6th Management Development Program on "Finance for Non-Finance Executives" on November 18, 2017 @ GLBIMR

GLBIMR organized 6th Management Development Program on “Finance for Non-Finance Executives” on November 18, 2017 at its Greater Noida Campus, to enhance the participant’s role as decision-makers and understand the implications of finance on corporate decisions.This initiative was taken by the institute under the visionary guidance of Mr. Pankaj Agarwal, Vice Chairman, GL Bajaj Educational Institutions and Dr. UrvashiMakkar, Director General, GLBIMR. The Expert Resource Person of the event was Dr. Satish Kumar, while Shri Satpal Kumar Arora, Managing Director, Tourism Finance Corporation of India Ltd was the Chief Guest.

Dr. Makkar welcomed the guests and shared that Executives should have a greater understanding of financial information, especially for managing any operating scenario requiring good decision making. She also emphasized that the objective of any firm being profit maximization in long run, necessitates all corporate, finance and non-finance managers to understand financial strategies. Dr. Satish Kumar shared various applications of financial tools to analyze the financial statements and business scenarios by the use of case studies. Shri Satpal kumar shared that through this MDP; non finance executives will also get good knowledge of finance and can understand impact of various factors on organizational finances. It will also help them to interpret key facts and analyze the three key financial statements – Profit & Loss, Balance Sheets and Cash Flow and Plan, Implement and Monitor a Budget

The session was interactive and involved brainstorming activities among the participants and trainer. The event was extremely successful. The event witnessed participation of more than 100 delegates from various corporate houses, academia and research scholars. All the delegates were conferred with Participation Certificate.

We are pleased to share that the event received wide media coverage in Deshbandhu and Tennews.