Financial Function in Business Consulting

Specialize in consulting applied to the financial function and become an essential professional for large companies in your environment" 

Why Study at TECH?

TECH is the world's largest 100% online business school. It is an elite business school, with a model based on the highest academic standards. A world-class centre for intensive managerial skills training.   

TECH is a university at the forefront of technology, and puts all its resources at the student's disposal to help them achieve entrepreneurial success"

At TECH Technological University

Innovation

The university offers an online learning model that combines the latest educational technology with the most rigorous teaching methods. A unique method with the highest international recognition that will provide students with the keys to develop in a rapidly-evolving world, where innovation must be every entrepreneur’s focus.

Microsoft Europe Success Story", for integrating the innovative, interactive multi-video system.  

The Highest Standards

Admissions criteria at TECH are not economic. Students don't need to make a large investment to study at this university. However, in order to obtain a qualification from TECH, the student's intelligence and ability will be tested to their limits. The institution's academic standards are exceptionally high...  

95% of TECH students successfully complete their studies.

Networking

Professionals from countries all over the world attend TECH, allowing students to establish a large network of contacts that may prove useful to them in the future.  

+100.000 executives trained each year, 200+ different nationalities.

Empowerment

Students will grow hand in hand with the best companies and highly regarded and influential professionals. TECH has developed strategic partnerships and a valuable network of contacts with major economic players in 7 continents.  

+500 collaborative agreements with leading companies.

Talent

This program is a unique initiative to allow students to showcase their talent in the business world. An opportunity that will allow them to voice their concerns and share their business vision. 

After completing this program, TECH helps students show the world their talent. 

Multicultural Context

While studying at TECH, students will enjoy a unique experience. Study in a multicultural context. In a program with a global vision, through which students can learn about the operating methods in different parts of the world, and gather the latest information that best adapts to their business idea. 

TECH students represent more than 200 different nationalities.   

Learn with the best

In the classroom, TECH teaching staff discuss how they have achieved success in their companies, working in a real, lively, and dynamic context. Teachers who are fully committed to offering a quality specialization that will allow students to advance in their career and stand out in the business world. 

Teachers representing 20 different nationalities. 

TECH strives for excellence and, to this end, boasts a series of characteristics that make this university unique:   

Analysis

TECH explores the student’s critical side, their ability to question things, their problem-solving skills, as well as their interpersonal skills.  

Academic Excellence

TECH offers students the best online learning methodology. The university combines the Re-learning methodology (the most internationally recognized postgraduate learning methodology) with Harvard Business School case studies. A complex balance of traditional and state-of-the-art methods, within the most demanding academic framework.   

TECH is the world’s largest online university. It currently boasts a portfolio of more than 10,000 university postgraduate programs. And in today's new economy, volume + technology = a ground-breaking price. This way, TECH ensures that studying is not as expensive for students as it would be at another university.  

At TECH you will have access to Harvard Business School case studies"  

In order to meet all the proposed objectives, TECH has structured this Postgraduate Certificate in Financial Function in Business Consulting in one specialized module. The program will be developed over 6 weeks, a period in which the student will be able to deepen in aspects such as analytical accounting or financial risks, among many others. With this, the professional will receive the necessary impulse to become a great specialist in this booming area. 

This program contains the most complete and updated syllabus on the market in business consulting applied to the financial function" 

Plan de estudios

Among the elements that can make or break a company is the management of its finance function. The correct management of the company's capital is vital to its progress, but not all companies have specialists in this field. For this reason, the profile of the business consultant oriented to this area is booming. 

This Postgraduate Certificate in Financial Function in Business Consulting, designed by TECH, provides the professional with all the latest knowledge in the discipline, delving into issues such as strategic financial planning, the adaptation of the financial function to the new digital era, operational ratios or organizational models of the financial function. 

All this, over 150 hours of learning spread over a period of 6 weeks, with a 100% online methodology and the best teaching resources, prepared in various multimedia formats. 

With these elements, the student will be prepared to face all the challenges involved in the complex task of supervising the management of a company's financial function. 

This Postgraduate Certificate takes place over 6 weeks and consists of 1 module: 

Module 1. Financial function

Where, When and How is it Taught?

TECH offers the possibility of developing this Postgraduate Certificate in Financial Function in Business Consulting fully online. During the 6 weeks of the specialization, the student will be able to access all the contents of this program at any time, which will allow the student to self-manage his or her study time. 

Module 1. Financial Function

1.1. Financial Function

1.1.1. The Usual Functions and Role of the CFO
1.1.2. Organizational Structure of Financial Function
1.1.3. Challenges and Trends in Financial Function:

    1.1.3.1. Retrospective of Financial Function
    1.1.3.2. Towards a Leaner Financial Function
    1.1.3.3. Key Enablers

1.2. Operational Finance

1.2.1. Finances Accounting
1.2.2. Financial Accounting

    1.2.2.1. Heritage Properties
    1.2.2.2. Balance
    1.2.2.3. Income Statement
    1.2.2.4. Cash Flow
    1.2.2.5. Operating Ratios: ROE, ROA
    1.2.2.6. Operating Cash Requirements
    1.2.2.7. Working Capital

1.2.3. Keys to Balance Sheet Analysis
1.2.4. Keys to Income Statement Analysis

1.3. Analytical Accounting

1.3.1. Taxonomy of Costs
1.3.2. Types of Cost Allocation

    1.3.2.1. Standard Cost
    1.3.2.2. Analytical Models

1.3.3. Types of Analytical Models

    1.3.3.1. Direct Costing
    1.3.3.2. Full Costing
    1.3.3.3. Activity-Based Costing

1.4. Treasury and Financial Risks

1.4.1. The Treasury Function
1.4.2. Organizational and Governance Model of the Treasury Function
1.4.3. Functions

    1.4.3.1. Working Capital Management
    1.4.3.2. Cash Flow Management
    1.4.3.3. Liquidity Management

1.4.4. Tendencies
1.4.5. Treasury-Related Systems and Applications
1.4.6. Treasury Reports

    1.4.6.1. Structure of Treasury Reports
    1.4.6.2. Classification of the Different Types of Receipts and Payments
    1.4.6.3. The Budget for Collections and Payments
    1.4.6.4. Optimization of Cash Surpluses
    1.4.6.5. Practical Business Management Conclusions

1.5. Corporate Performance Management (CPM)

1.5.1. Strategic Financial Planning

    1.5.1.1. Process
    1.5.1.2. Good Practices
    1.5.1.3. Models (Structure, Working Capital, Debt/Equity, Tax, Others)

1.5.2. Budget

    1.5.2.1. Budget Dimensions
    1.5.2.2. Budgeting Techniques
    1.5.2.3. Common Problems

1.5.3. Consolidation

    1.5.3.1. Corporate Taxonomy in Parent Company Consolidation
    1.5.3.2. Soc. Dependent
    1.5.3.3. Soc. Multigroup
    1.5.3.4. Soc. Associate
    1.5.3.5. Consolidation Methods

        1.5.3.5.1. Global
        1.5.3.5.2. Proportional
        1.5.3.5.3. Equity Method

    1.5.3.6. Stages of the Process

        1.5.3.6.1. Homogenize
        1.5.3.6.2. Add
        1.5.3.6.3. Adjust
        1.5.3.6.4. Reports

1.5.4. Common Problems

1.6. Financial Reporting

1.6.1. Data
1.6.2. Sources of Information
1.6.3. Types of Reporting Solutions
1.6.4. Implementation Methodologies
1.6.5. Expected Profits

1.7. Adapting the Finance Function to the New Digital Era

1.7.1. Tendencies

    1.7.1.1. Talent Management and Organizational Design
    1.7.1.2. Digital Processes / Automation
    1.7.1.3. New Generation ERP Systems
    1.7.1.4. Cloud and SaaS
    1.7.1.5. Internet of Things
    1.7.1.6. Blockchain
    1.7.1.7. Big Data & Analytics

1.7.2. Financial Management Challenges
1.7.3. Solutions

    1.7.3.1. Strategy, Integration, Function Transformation
    1.7.3.2. Efficiency and Automation (RPA / Artificial Intelligence)
    1.7.3.3. Performance Improvement
    1.7.3.4. Treasury Management
    1.7.3.5. Governance and Internal Control

1.8. Organizational and Operational Models of Finance function

1.8.1. Models of Organization of Financial Function
1.8.2. Centralization vs.  Decentralization
1.8.3. Centralization: Introduction to Different Models

    1.8.3.1. Shared Services Center (SSC)
    1.8.3.2. Multi-Function Shared Services (MFSS)
    1.8.3.3. Global Business Sevices (GBS)
    1.8.3.4. Integrated Business Services (IBS)
    1.8.3.5. Business Process Management (BPO)

1.9. Governance and Internal Control

1.9.1. The Role of Internal Control
1.9.2. Internal Control over Financial Reporting
1.9.3. Frame of Reference
1.9.4. Internal Control System over Financial Reporting
1.9.5. The Role of Supervision and the Role of the Audit Committee

1.10. Financial Function Consulting

1.10.1. Consulting for Financial Function According to the Area of Operation
1.10.2. Types of Projects
1.10.3. Organization of Financial Consulting Projects

The contents of this program will prepare you for the present and future challenges of business consulting"