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KnowledgeCity

Understanding Strategic Finance Management

Learn how to drive business success through insightful financial strategies
Preview the first lesson free — get full access to all 5 lessons.
Course: On-Demand
Advanced Provider Sam Lou  5 Lessons ·  12m  in Arabic, German, English, Spanish, French, Portuguese, Chinese 

Course Description

Strategic finance management involves a broad range of skills that help individuals and organizations make informed decisions about allocating financial resources to achieve their long-term objectives. Learning the fundamentals of strategic finance management is ideal for financial professionals, business managers, entrepreneurs, and anyone interested in understanding and leveraging strategic financial practices for business growth. These skills can lead to more effective decision-making, increased financial performance, and long-term sustainability for businesses.

Throughout the course, you will learn what strategic finance management is and its key elements and benefits. You’ll also learn what distinguishes it from tactical finance management. We’ll also discuss the issues associated with strategic finance management, including concepts of value and income, the impact of foreign operations, and the effects of inflation. By the end of the course, you will be better equipped to apply strategic finance management practices to drive business success.

What You'll Learn

  • Distinguish strategic financial management from tactical financial management
  • Identify and explain the key elements of strategic financial management
  • Discuss the significant benefits of strategic financial management
  • Understand the scope of strategic financial management
  • Explore special issues in financial management, including concepts of value and income, the impact of foreign operations, and the effects of inflation

Key Takeaways

  • Strategic finance management involves a broad range of skills that help individuals and organizations make informed decisions about allocating financial resources to achieve long-term objectives.
  • Strategic financial management is distinct from tactical finance management, and the course explains what distinguishes the two.
  • Applying strategic finance management practices can lead to more effective decision-making, increased financial performance, and long-term sustainability for businesses.
  • Special issues in financial management include concepts of value and income, the impact of foreign operations, and the effects of inflation.

Frequently Asked Questions

Who is this course for?

Learning the fundamentals of strategic finance management is ideal for financial professionals, business managers, entrepreneurs, and anyone interested in understanding and leveraging strategic financial practices for business growth.

What does this course cover?

The course covers what strategic finance management is, its key elements and benefits, what distinguishes it from tactical finance management, and special issues including concepts of value and income, the impact of foreign operations, and the effects of inflation.

What skills will I gain from this course?

The course builds skills in financial management strategy, financial management, and risk management.

What lessons are included in this course?

Lessons include an Introduction, Introducing Strategic Finance Management, The Scope and Benefits of Strategic Financial Management, Special Issues in Financial Management, and a Test Your Knowledge section.

What will I be able to do by the end of the course?

By the end of the course, you will be better equipped to apply strategic finance management practices to drive business success.

Professional Certifications and Continuing Education Units (CEUs)

Project Management Institute (PMI®)

Professional Development Units (PDUs): 0.25

Certification Program Categories:
Ways of WorkingPower SkillsBusiness Acumen

KnowledgeCity has been reviewed and approved by the PMI® Authorized Training Partner Program. Users can maintain your PMI credentials by earning PDUs from KnowledgeCity qualified courses in Project Management, Business Management, Leadership and many others.