Workplace Financial Management Training

The Workplace Financial Management course, with a seat time of one hour, teaches students practical workplace financial management skills, allowing them to effectively manage resources to maximize progress towards a business goal.

Course Topics:

1

Predicting Profitability

Given a product, the student will be able to determine an appropriate markup to maintain a profit. Specifically, the student should be able to:
  • • Explain the role of variable and fixed costs when calculating the break-even point.
  • • Recognize the break-even point as a tool for determining the success of an enterprise.
  • • Compare the terms profit margin and markup.
  • • Explain markup pricing strategies for determining an appropriate selling price.
Predicting Profitability
2

Reading the Books

Given an income statement, students will be able to determine the overall health of the organization. Specifically, the student should be able to:
  • • Compare the terms revenue, expenses, and profit.
  • • Interpret an income statement.
Reading the Books
3

Budgets

Given financial inputs and outputs, the student will be able to organize finances to diagnose and forecast organizational outlook. Specifically, the student should be able to:
  • • Recognize that budgets are flexible financial tools that can be customized to meet specific financial goals.
  • • Explain how a budget drives the operating decisions of an organization or project.
  • • Describe the process of creating an operating budget.
  • • List components of a general operating budget.
Budgets
4

Strategic Financial Planning

Given financial goals, the student will be able to devise a strategy to allocate funds in ways that support the attainment of goals. Specifically, the student should be able to:
  • • List strategies for forecasting financial needs.
  • • Explain the importance of managing the days cash on hand for sustained operation.
  • • Recognize the role of investment as a tool for meeting short and long-term growth goals.
  • • Identify ways to invest.
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CareerSafe is here for you.

CareerSafe cares for our customers and understands the unique challenges the pandemic has placed upon the education community. To help minimize impacts and continue helping students prepare for the future, we have decided to extend the phenomenal, simplified pricing deal on our Employability Skills Site License for the 2021-2022 school year.

Click the "Buy a Site License" button to request more information and a CareerSave represenative will be in contact with you.
This course is part of a site license package.
This training course is included in the CareerSafe Employability Site License package. To learn how to buy a site license for your entire school, as well as view all available Employability courses, visit the CareerSafe Employability - Site License page.

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