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business Finanace

The IHM Business Finance programme will provide you with the skills to independently work on and influence the operation’s financial management, as directed by the board and management team.

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Develop your ability to influence and work on the company’s financial management

You will learn to analyse and assess the feasibility of different business and operational projects, considering the risks and potential business benefits for the organisation. 

Based on a helicopter perspective of the company’s financial management, you will also develop your ability to analyse and manage the complex problems and conflicting goals that arise in the organisation’s business and operational planning.

The learning results form three modules at SeQF 6 level, which count towards the DIHM Diploma in Business Administration.

 

The programme modules

The IHM Business Finance programme is a path of learning that integrates finances, marketing, leadership and organisation, in the context of a company striving to meet the requirement for a profitable and financially sustainable operation.

Module 1 – Economic analysis of different business choices and the company’s financial planning

Module 2 – Design of financial control

Module 3 – Design of a business case in conjunction with a business or operational development project

Module 1 - ECONOMIC ANALYSIS 

In this section, you will learn how the business model and operations are reflected in the financial statements and how owners and creditors judge the company's performance based on that information.

We focus on what it costs to finance the company's assets and what consequences it has for the company's financial goals. Here it is important to find out what profitability is required for the owners and creditors to have confidence in the business operations. From the board's point of view, the requirements expressed in the financial goals are a restriction that must be taken into account in particular when the company management makes strategic and tactical business choices in the business.

  • The company's financial reports
  • Result and product calculation
  • Capital commitment and financing
  • Cost of capital and risk analysis
  • Investment calculation
  • Financial planning
  • Goal management and analysis of the feasibility of business choices

Module 2 - DESIGN OF FINANCIAL MANAGEMENT 

In this part, you develop your ability to influence the design of various organizational control instruments. When you have to manage the financial management of the business, you are faced with various goal conflicts, such as the priority between volume growth and profit margin.

The accounting and calculation can then be used to facilitate the handling of these goal conflicts. With the right management and follow-up, it becomes easier for employees and managers to make financially sustainable decisions in the business.

Module 3 - BUSINESS CASE

In the final part of the training, in a group with other participants, you have the opportunity to create a financially substantiated business case for a business or business development project.

In it, you concretize the impact goal for a project in terms of profitability (requirements for revenue, costs and capital) and in operational terms (quality, time, equalization of flows, etc.). When you have specified the effect target, you evaluate the financial consequences and risks for the client of the possible solutions.

The project work is carried out for an external client.

  • Analyze and assess the current situation that triggered the need for the project
  • Identify and specify the effect target
  • Evaluate different course of action/solutions for project implementation
  • Recommend which course of action/solutions best meet the financial goals
  • Critical review of selected models and working methods

As a business and operational manager, you yourself must be able to set requirements for how financial key figures, calculations and the internal accounting should be designed to facilitate your handling of the goal conflicts in the business.

If you unilaterally entrust the responsibility for business management to the financial specialists, there is a great risk that the internal accounting reports and calculation documents will become an end in themselves and not a means to ensure the survival and development of the business.

  • Governance model and division of responsibilities
  • Performance measurement
  • The management process and management of goal conflicts

Please contact us if you have any questions

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Fee

Education fee: 64 900 SEK*
Registration fee 2,500 SEK*
Literature included

*In the case of private financing , the price includes VAT, in the case of corporate financing, VAT is added

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