Course duration
6 hours (2 3-hour sessions in 2 consecutive weeks – summer 1403)
Mondays (June 24 – July 1) from 14:30-17:30
Objectives of the course
- Familiarity with practical financial concepts in the field of customer and contractor interaction
- Familiarity with practical tax and insurance laws in the realm of customer and contractor activities
- Accounts receivable course and the importance of time value of money
- Important principles in negotiating with colleagues in financial teams
What you will learn in this course
Familiarity with concepts
Financial laws and principles and their practical application in the field of sales of products and services to customers and/or mutual procurement from contractors
Organizational benefits of course
The most important achievement of this course could be mutual understanding among colleagues about the financial needs of units within organizations, as well as efforts towards increasing profitability in projects and procurement operations handled by colleagues.
Individual benefits of the course
Individual promotion and development and more peace of mind in every operation that has financial dimensions.
After this course, students can:
By the end of the course, participants will be able to negotiate with customers and contractors more effectively and calculate the profit and loss of each project with greater proficiency.
Course contacts
Project managers and managers of operational and executive units in the fields of buying and selling