Finance for Non-Financial Managers - Live Online

Dec 15 - 16, 2020
Application Deadline:
Dec 05, 2020
Live Virtual

Module I: December 15 - 16, 2020
Module II: December 22 - 24, 2020

Finance for Non-Financial Managers (FNFM)
 equips you with essential concepts to understand and predict the financial implications of your managerial decisions. The programme provides framework to help interpret and analyse financial statements and understand how business decisions are reflected in financial reports. You will master analytical techniques for project analysis, learn to allocate resources more optimally and understand financial markets and their role in capital raising and monitoring.

FNFM is an intensive 5-day modular programme, the extended duration of the programme ensures a wide ranging topical coverage and follows a hands-on experiential format. The programme dedicates time for conceptual learning as well as application through exercises and project work. This unique format has been helping managers in strengthening their analytical and planning skills essential for evaluating and making informed decisions.


The intensive 5-day programme is intelligently adapted to live virtual format imparting a brilliant mix of theoretical concepts, insights from practice, constructive tools and techniques in a highly interactive and engaging e-learning environment.

The participants get direct access to LUMS faculty and engage with peers through interactive class discussions and experiential group exercises that help reinforce learning and networking among the group.


By the end of the programme, participants will learn to; 

  • Enhance the ability to read, interpret and use accounting data
  • Evaluate key financial indicators/ratios and financial statements to assess the financial health and performance of companies 
  • Prepare the cash flow statements and analyse how cash influences business growth, profitability and investment decisions
  • Understand time value of money and its application in professional and personal decisions
  • Estimate the value of bonds & stocks
  • Evaluate the capital need of a company and choose among varied financing sources to optimise the capital cost of a company
  • Assess and determine the viability of different investments through capital budgeting 
  • Understand the critical linkages between financial and business strategy for optimal organisational performance


This programme is designed for Managers responsible for functional areas such as Operations, Finance, IT, Marketing, Production, Human Resources, Law and Government Affairs. Managers with some financial background who would like to refresh their understanding of the essential concepts can also attend.  



Programme Director
Associate Professor
PhD, University of Manchester
Research Interests:
Corporate Finance; Privatisation Policy; Regulation of Utilities; Financial Institutions & Markets; Social Enterprise
Additional Faculty
Associate Professor
PhD, Monash University
Research Interests:
Islamic Banking & Finance; Financial Instruments used in Islamic Capital Markets
Associate Professor
Research Interests:
Financial Markets; Islamic Finance; Econophysics; Equity Markets in Emerging and Islamic Countries
Programme Fee PKR 90,000

* Programme fee includes tuition cost and reading material

Applications will be screened with regard to their suitability for each programme. Kindly ensure that your complete online application form reaches the office by the deadline. Incomplete application forms will not be entertained.

*Seat in the programme will be reserved on a first-come, first-served basis.

Payment is due upon receipt of the acceptance email/letter along with the invoice. Please ensure that the payment reaches the office BEFORE the start of the programme. Space in the programme may only be ensured after we receive the fee.

Payment can be made directly through:

  •  Debit/credit card by visiting You can process the payment by selecting REDC payments from the Payment Type Section and entering a valid voucher number and access code mentioned on the voucher. Additional bank charges may apply. 
  • Cash, Crossed Cheque or Pay Order/Bank Draft made in favor of "Lahore University of Management Sciences" at any United Bank- Limited (UBL) branch against the programme voucher.

Our preferred mode of payment is by debit/credit card and crossed cheque/banker’s draft payable to "Lahore University of Management Sciences". However, the programme fee can also be paid via bank transfer.

 If you wish to dispatch the cheque directly to our office, please send it to:

 Manager Marketing
Rausing Executive Development Center
Lahore University of Management Sciences
Opposite Sector 'U', DHA Lahore Cantt Pakistan
(+92 42 3560 8243)

* LUMS is a not-for-profit organisation under the Income Tax Ordinance 2001. Accordingly, the income of LUMS is not tax deductible/collectable.

If more than two executives from the same organisation participate (up to a group size of 5 participants) in a programme, each additional participant after the first two gets a 20% discount on the programme fee.

If you are unable to attend a registered course, we will accept a substitute until 2 working days before the programme. Substitute candidates will be subject to the same selection process as the original one. If you wish to cancel your name from a programme, please notify in writing or on call at least 5 working days before the programme. In case of late cancellation, the programme fee will be refunded after deducting an application processing fee of PKR 20,000.

It is possible to transfer deposited fee to any open enrolment programme within 3 years. Transfers should be notified at least 5 working days before the programme. In case the participant or sponsoring organisation fails to utilise the funds within 3 years, the deposited fee will be forfeited.

Note: REDC may cancel or postpone a programme due to insufficient enrolment or unforeseen circumstances. In this case, the university will refund registration fee but will not be responsible for any other related charges/expenses including cancellation/change charges by airline and travel agencies.

In case of postponement, the fee may be transferred to the rescheduled offering of that programme or any other programme as an alternate to refund. The University reserves the right to make changes in its programme policies and fees at any time.