How to design a finance training course

Are you planning to develop a finance for non-financial managers training for your company? I have some tips to make that training more successful! Look forward to hearing your comments in the comment box below, or working with you to develop a customized training for your company!

My tips:
1. Meet the participants where they currently are. Make sure you cover the basics first: the financial vocabulary, and the interactions between the financial statements.
2. Link the metrics of the company to the company’s industry and the company’s strategy. I have delivered finance training at a wide range of companies, from companies that make aircraft engines, to those that make software, food ingredients or medical devices. Some of the vocabulary and the metrics are the same between these companies, but a lot is different depending on the company’s context.
3. Use left-brain as well as right-brain exercises. In neuroscience, we think of the left-brain as being analytical and sequential, and the right-brain as being holistic and conceptual. In finance training, you need to use both. It is about the left brain (calculators and Excel), but it’s also about the right brain: seeing the connections and the big picture.
4. Have your participants experience finance, so they know what it feels like. Have them go through smaller exercises throughout the course, things they can work on in pairs of two or three, and at the end of the course have them work on a bigger case study, something about an investment proposal or company decision making. Or you could even get them to work on a business simulation, where you have roleplay and they learn through the interaction with the roleplay characters.
5. If you have a lot of factual information to get across, use a “game show” format to keep the energy level high.

Philip de Vroe (The Finance Storyteller) aims to make strategy, finance and leadership enjoyable and easier to understand. Learn the business vocabulary to join the conversation with your CEO at your company. Understand how financial statements work in order to make better stock market investment decisions. Philip delivers training in various formats: YouTube videos, classroom sessions, webinars, and business simulations. Connect with me through Linked In!

Видео How to design a finance training course канала The Finance Storyteller