Dr
Chetna Makwana, Faculty of Narmada College of Management has conducted the MDP on “Finance for Non
Finance Professionals” for BDMA (Bharuch District Management Association) on 19th
November, 2022. The programme was organized by BDMA to train the non finance
professional from various industries surrounded by Bharuch Viz. Dahej GIDC,
Jagadia GIDC, Vilayat GIDC etc. Managers and Senior executives from various
industries have participated in the MDP programme. Major participant
industries participated in training
programme are Sajjan India Ltd., Colourtex Ltd., Adama India Pvt. Ltd., GFL,
etc. There were 21 participants from various departments like Supply Chain,
Production, HR, Product Planning etc. The Programme was designed to address the
following areas of finance:
·
Need
of FFNF and Understanding Corporate Financial Statements: Analysis & Interpretation
of Corporate Financial Statements
including Ratio Analysis.
·
Introduction
to Corporate finance including Time Value of Money, Analysis of Investment Decision (Capital Budgeting) and
Cost of Capital, Capital Structure and Leverage Analysis
· Others areas that covered during the training were Working capital Management, Basics of cost and Costing and Management Accounting including CVP Analysis : Marginal Costing, and Variance Analysis
Programme
was appreciated by participant, because they are daily confronting the decision
at various capacities in organization which involve financial implications.
They also forwarded the gratitude to BDMA and Narmada College of
Management(NCM) for providing this kind of learning opportunities in enhancing
their excellence in decision making. The resource person for the MDP
programme was Dr. Chetna R Makwana,
Faculty of Finance, of NCM.
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