NRCA University | Future Executives Institute | Course descriptions |

Finance

Instructor: Mike Levine

Year 1
Financial concepts

This session offers a practical and easy-to-follow program that provides an effective way for nonfinancial people to gain essential skills and understand financial reports. This course introduces the managerial finance concepts needed for effective decision making and control within an organization. Topics include financial balance-sheet analysis, budgeting, break-even analysis, and other key financial tools and techniques required to manage a company. This session likely will involve some pre-work and definitely will be the basis for some group or individual work after the September meeting.

Year 2
Budgets

This session goes through the process of creating a detailed budget. The budget is then used to understand overhead and how overhead is allocated to jobs. With such information, you can then determine how to price a job. Several different pricing methodologies are analyzed.