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Training Courses

Finance for the Technical Executive

Course Code
FA121
Category
Finance And Accounting
Course ID
2637
Course Outline

Course Overview

This strategic DIXONTECH course is designed specifically for technical executives and engineering leaders who wish to strengthen their understanding of financial management and its impact on corporate decisions. The program bridges the gap between technical and financial disciplines, empowering participants to align engineering and operational strategies with financial objectives. Through practical insights and real-world case studies, delegates will learn to interpret financial data, manage budgets, and justify technical investments using solid financial reasoning.

TRAINING TOPICS

  • Financial Concepts for Technical and Engineering Executives
  • Understanding Key Financial Statements and Reports
  • Linking Technical Projects to Financial Objectives
  • Cost Analysis, Budgeting, and Resource Allocation
  • Capital Expenditure (CAPEX) Evaluation and ROI
  • Project Financial Modelling and Decision Support Tools
  • Risk, Cost-Benefit, and Payback Analyses
  • Financial Performance Indicators for Technical Projects
  • Communication Between Technical and Financial Teams
  • Case Studies: Financially Driven Technical Decision-Making

BY THE END OF THIS TRAINING COURSE, DELEGATES WILL BE ABLE TO:

  • Interpret financial statements and performance metrics
  • Link engineering and project decisions to financial outcomes
  • Evaluate capital investments using financial appraisal tools
  • Manage budgets and control technical project costs effectively
  • Apply ROI and NPV methods in project selection
  • Improve communication between finance and technical management
  • Support strategic planning through financial analysis

TRAINING IS TAILORED TO:

  • Technical and engineering executives
  • Project and operations directors
  • Plant and maintenance managers
  • Research and development (R&D) leaders
  • Production and quality assurance heads
  • Senior engineers aspiring to executive roles

TRAINING METHODOLOGY

This course uses a hands-on, problem-solving approach combining financial theory with engineering case studies. Participants will work with financial models, CAPEX proposals, and budget planning templates. Interactive workshops and simulations ensure a clear understanding of how financial principles support technical and operational success.

DAY 1

Understanding Finance for Technical Professionals

  • Recognize the importance of financial knowledge in technical leadership
  • Review key financial terms and principles relevant to engineers
  • Understand the structure of financial statements (P&L, Balance Sheet, Cash Flow)
  • Interpret business performance from financial data
  • Link engineering KPIs to financial results
  • Case study: Financial insights from a technical project

DAY 2

Costing and Budgeting for Engineering Operations

  • Classify engineering costs: direct, indirect, and overhead
  • Develop cost control strategies for technical departments
  • Create operational budgets linked to business goals
  • Analyze variances between planned and actual performance
  • Apply cost-benefit and break-even analyses for project evaluation
  • Workshop: Building a cost model for an engineering process

DAY 3

Capital Investment and Financial Appraisal Techniques

  • Understand capital budgeting and long-term investment evaluation
  • Apply NPV, IRR, and Payback methods for project assessment
  • Analyze technical project feasibility using discounted cash flows
  • Incorporate risk and uncertainty into investment analysis
  • Compare technical alternatives using financial criteria
  • Exercise: CAPEX evaluation and presentation to management

DAY 4

Financial Modelling and Decision Support for Technical Leaders

  • Develop financial models for project justification
  • Integrate Excel-based analysis tools for project evaluation
  • Simulate cost and profit scenarios for decision-making
  • Link production efficiency to financial performance
  • Apply financial dashboards to monitor project outcomes
  • Case study: Building a financial model for an engineering expansion plan

DAY 5

Strategic Integration Between Finance and Engineering

  • Align technical goals with corporate financial objectives
  • Strengthen collaboration between finance and engineering departments
  • Use financial KPIs to measure technical success
  • Present technical proposals with financial justification
  • Evaluate post-implementation performance and ROI tracking
  • Capstone: Develop a financially sound technical project proposal

 

Course Schedule

Discounts and Registration

Group & Corporate Discounts:
Available for companies enrolling multiple participants to help maximize ROI.
Individual Discounts:
Offered to self-sponsored participants who pay in full and upfront.
Registration Process:
Corporate nominations must go through the client’s HR or Training department.
Self-nominations must be prepaid via the “payment by self” option.
Confirmation:
All registrations are subject to DIXONTECH’s approval and seat availability.
Refunds:
Provided in case of course cancellation or no seat availability.
Tax Responsibility:
Clients are responsible for any local taxes in their country.