One Company, Two Results – Which One Is True?
14.09.2021, Joanna Sinclair
The Finance for Non-Finance Executives program introduces all the key aspects of financial analysis and value-based management. You will learn the fundamentals of finance: how to read financial statements, how to analyze them, the concepts of discounting and net present value, and other techniques that companies use when evaluating investment opportunities.
You will learn how companies are valued in financial markets, what affects their value, and how you can make decisions that increase company value. We will also discuss companies’ financing options and learn about tools to analyze mergers and acquisitions. After the program, you will be better positioned to participate in a company’s financial decision-making and contribute to its management in a value-creating manner.
The 2019 program received excellent customer feedback. Instructor Matti Suominen's knowledge and expertise, suitability of content and teaching skills and methods all received a full 6.0/6.0.
The 2019 participants considered that their level of expertise in the different topics covered during the program had increased significantly (average 5.5/6.0).
4.5 ECTS credits can be transferred from this program to the Aalto Executive MBA or Aalto MBA program.
The program enables you to connect the different economic, finance, and accounting dots to create a single holistic view. You will learn to read and analyze financial statements and assess the shareholder value of investments and other corporate actions, i.e., learn the skills for value-based management.
The program is designed for non-financial executives, lawyers, business unit heads, bank relationship managers, board members, advisors, and consultants.
The Finance for Non-Finance Executives program provides participants with a rare opportunity to deepen their understanding of the main elements of corporate finance.
The program will be organized as two intensive study modules.
Learning is based on pre-readings, lectures, class discussions, casework, and a take-home assignment. Sharing knowledge and experiences among participants is greatly supported and encouraged.
As a pre-reading, participants will get a book Hawawini, G. and Viallet C.: Finance for Executives - Managing for Value Creation.
Matti Suominen is a Professor of Finance at Aalto University in Helsinki. From 1997 until 2006, he was full-time faculty at INSEAD as Assistant Professor, and later Associate Professor of Finance. Since 2006, Matti has continued to teach regularly in various INSEAD executive programs as a Visiting or Adjunct Professor of Finance. In addition, he has taught finance in several other leading business schools such as the Wharton School of the University of Pennsylvania and Mannheim University.
Matti holds a PhD in Financial Economics from the University of Pennsylvania. His areas of research are asset pricing and corporate finance. He has published articles in leading academic journals such as the Journal of Financial Economics, Journal of Financial and Quantitative Analysis, and Journal of Financial Markets (where he received the Best Paper Award). Matti previously worked as a consultant at the European Corporate Finance Practice of McKinsey & Co. and as a Chief Dealer in the Options and Futures Markets in Finland. He continues to be an active consultant to both financial and non-financial companies.
Matti has taught extensively in the MBA, PhD, and Executive Education Programs at INSEAD and elsewhere. In particular, he was Program Director of the INSEAD "Finance for Executives" program from 2002 until spring 2006. He has taught in or directed nearly 30 company-specific programs in five different continents for the world's largest and most successful organizations, including several Fortune 500 companies. He has received the best teacher awards from both INSEAD and Aalto University Executive Education.