University of the Witwatersrand

Financial Management of a Business Operation

Master key financial terms and confidently work with critical financial statements for income, financial position, cash flow and budgets for decision-making and reporting.

R17,264.35 (excl. VAT)

07 Sep, 2026

Register by: 02 Sep, 2026

Overview

Whether you’re a doctor, hairdresser, or owner of a profitable pet parlour, good financial management is key to any company meeting its business objectives.

The ability to manage funds efficiently comes from selecting an appropriate strategy, sticking to a budget, conducting a break even analysis and keeping up with cash flow and understanding income statements. Master these skills and more in the 10 week Finance for the Non-Financial Managers online short course.

Curriculum

Module 1: A Business Operation.
Module 2: Key Financial Terms.
Module 3: Income Statement.
Module 4: Balance sheet and cash flow statement
Module 5: Setting the Budget of a Business Operation.
Module 6: Using the Budget to Control Income and the Balance Sheet.
Module 7: Break Even Analysis.
Module 8: Financial Year End Statements.

Outcomes

Apply key financial terms to the successful management of a business operation
Analyse income statements, balance sheets and cashflow statements
Set a budget for a business operation
Conduct a financial analysis

How will you learn?

Module 1: A Business Operation.
Module 2: Key Financial Terms.
Module 3: Income Statement.
Module 4: Balance sheet and cash flow statement
Module 5: Setting the Budget of a Business Operation.
Module 6: Using the Budget to Control Income and the Balance Sheet.
Module 7: Break Even Analysis.
Module 8: Financial Year End Statements.

What will you achieve?

Apply key financial terms to the successful management of a business operation
Analyse income statements, balance sheets and cashflow statements
Set a budget for a business operation
Conduct a financial analysis

How will you learn?

Module 1: A Business Operation.
Module 2: Key Financial Terms.
Module 3: Income Statement.
Module 4: Balance sheet and cash flow statement
Module 5: Setting the Budget of a Business Operation.
Module 6: Using the Budget to Control Income and the Balance Sheet.
Module 7: Break Even Analysis.
Module 8: Financial Year End Statements.

What will you achieve?

Apply key financial terms to the successful management of a business operation
Analyse income statements, balance sheets and cashflow statements
Set a budget for a business operation
Conduct a financial analysis

Format:

Certified Online Short Course

Duration:

10 Weeks

Hours per week

5 to 7 hours

Breakdown

8 weeks consecutive online lectures, one exam in week 10

Certification:

Certificate of Competence

Language

English

OR

Ms. Odette Ramsingh

(Human resources and personal mastery)

OR

Ms. Odette Ramsingh

(Human resources and personal mastery)

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With the experiece and the learning that I have acquired from this course my work is more efficient now and I think I am a better professional.

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