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Mastering Finance, Budgeting and Performance Measurement

An Interactive 10-Day Training Course

Mastering Finance, Budgeting and Performance Measurement

Financial Strategy & Accounting Skills

NASBA
Classroom Schedule
Date Venue Fees
13 - 24 Jul 2026 Dubai $ 11,900
31 Aug - 11 Sep 2026 London $ 11,900
19 - 30 Oct 2026 Dubai $ 11,900
23 Nov - 04 Dec 2026 London $ 11,900

Course Summary

This Mastering Finance, Budgeting and Performance Measurement training course provides an understanding of the essential fundamentals of corporate finance, strategy, financial management, budgeting and costing. Contemporary practical examples are presented together with theoretical principles to make the theory come to life and develop analytical skills and decision-making capacity. Participants explore financial strategy aligned with corporate objectives, cash and working capital management, and performance measurement systems that support budgeting and organisational value creation.

Across ten days of intensive learning, participants gain insight into best practices in capital investment appraisal, liquidity and risk management, cost analysis, and advanced budgeting techniques. Emphasis is placed on linking financial strategy to operational performance and continuous improvement through performance measurement tools such as the balanced scorecard. The Mastering Finance, Budgeting and Performance Measurement training course prepares professionals to make informed financial decisions, improve organisational performance, and enhance strategic financial leadership.

Skills & Competencies

From this Mastering Finance, Budgeting and Performance Measurement training course, participants will develop the following key skills and competencies:

  • Financial strategy development
  • Budgeting and costing expertise
  • Performance measurement capability
  • Cash flow and liquidity management
  • Capital investment appraisal skills
  • Risk analysis and governance understanding

Modules

This training course is split into the following modules:

Module I - Financial Strategy

Module II - Business Financial, Budgeting & Accounting Skills

Key Learning Outcomes

At the end of Mastering Finance, Budgeting and Performance Measurement training course, you will learn to:

  • Use and evaluate various capital investment appraisal techniques.
  • Develop and implement appropriate financial strategies.
  • Effectively manage cash and working capital for cost reduction.
  • Link finance and budgeting to strategy execution.
  • Build comprehensive performance measurement systems.

How You Will Learn

Learning develops through structured explanation of core financial principles, supported by practical examples, exercises, and real-world case scenarios. Participants engage with budgeting techniques, performance measurement tools, and financial strategy frameworks that enhance decision-making and analytical capacity. Emphasis is placed on translating theoretical understanding into practical financial leadership and organisational performance outcomes.

Who should Attend?

This training course is designed for professionals involved in financial strategy, budgeting, and organisational performance roles.

This Mastering Finance, Budgeting and Performance Measurement training course is suitable to a wide range of professionals but will greatly benefit:

  • Finance executives and financial professionals
  • Senior and experienced finance practitioners
  • Junior finance professionals seeking advancement
  • Professionals involved in budgeting and performance functions
  • Managers responsible for financial decision-making
Course Outline

Module I: Financial Strategy

Day 1

Business and Financial Strategy – The Vital Link

This day introduces strategic financial thinking, explaining how financial strategy connects with competitive strategy for business success. Participants explore tools for strategic analysis and performance management as well as financial planning fundamentals. The topics covered will include:  

  • The Purpose and Goals of the Firm
  • The Aims and Principles of Competitive Strategy
  • The Role of Financial Strategy in Business Success
  • Tools for Strategic Analysis and Strategy Development
  • Building a Winning Business Model
  • Implementing an Effective Performance Management System
  • Financial Planning: Budgeting and Beyond
Day 2

Financial Performance Management

This day focuses on evaluating financial statements, understanding investor behaviour, and measuring shareholder value as components of financial performance. Participants examine strategic approaches to cost behaviour, ROI improvement, and value enhancement. The topics covered will include:  

  • Understanding, Analysing and Interpreting Financial Statements
  • Agency Theory and its Impact on the Business’s Goals
  • Investor and Stock Market Behaviour: Share Price Drivers
  • Key Concepts in Measuring Shareholder Value
  • Understanding Cost Behaviour and Profit
  • Measuring and Improving Return on Investment
  • A Strategic Approach to Cost Reduction
  • Managing and Enhancing Shareholder Value
Day 3

Funding Strategy and Liquidity Management

This day addresses funding sources, risk implications on profitability, and capital structure optimisation. Participants also engage with financial modelling applications including cash flow forecasting. The topics covered will include:   

  • Sources of Business Finance: Equity and Debt
  • Financial Gearing – Risk and Impact on Profitability
  • Calculating Company Cost of Capital and its Implications
  • Optimum Capital Structure: Theory and Practice
  • Cash Flow and Liquidity Management
  • Designing and Building Financial Models in Excel
  • Financial Model Application: Cash Flow Forecasting
  • Predicting Corporate Distress and Failure
Day 4

Capital Investment Strategy and Risk Management Strategy

This day focuses on capital investment management, risk analysis, and financial instruments for risk control. Participants utilise capital investment appraisal tools and integrated risk management approaches. The topics covered will include:

  • Capital Investment Management
  • Using the Discounted Cash Flow (DCF) Tools in Excel
  • Tools for Capital Investment Appraisal and Decision-making
  • Financial Model Application: Capital Investment Appraisal Analysis
  • An Integrated Approach to Risk Management
  • Tools for Identifying and Analysing Business Risk
  • Using Financial Instruments to Manage Financial Risk
  • Decision-making under Conditions of Risk
Day 5

Corporate Governance: Defending and Growing the Business

This day examines corporate governance principles, long-term growth strategies, business model disruption, mergers and acquisitions, and organisational restructuring. Participants explore how financial strategy supports business defence and sustainable growth. The topics covered will include:  

  • Purpose and Principles of Corporate Governance
  • Long-term Business Growth Strategies
  • Why even great companies can fail?
  • Understanding Business Model Disruption
  • Innovation Killers
  • Mergers and Acquisitions
  • Business Restructuring and Reorganisation

Module II: Business Financial, Budgeting & Accounting Skills

Day 6

Management and Financial Accounting: Key Concepts and Terminologies

This day introduces financial and managerial accounting foundations, exploring how finance concepts support organisational planning and performance. The topics covered will include:  

  • Identify the Major Differences and Similarities between Financial and Managerial Accounting
  • Understand the Role of Management Accountants in an Organization
  • Linking Strategy to Planning and Costing
  • The Key Role of Budgeting and Cost Control in Contemporary Organizations
  • Towards a Cross-Functional Process-View of the Organization
  • Understand Your Processes: Integrating Financial and Non-financial Aspects
  • Understanding The Financial Statements
Day 7

Cost Analysis

This day focuses on cost concepts and techniques that support budgeting and decision-making within organisations. The topics covered will include:  

  • What is Costing?
  • Cost Concepts and Terminology
  • Different Costs for Different Purposes
  • Fixed vs. Variable Costs: The Cost-Volume-Profit Analysis Model
  • Contribution Margin Analysis
  • Manufacturing vs. Non-manufacturing Costs
  • Period vs. Product costs: Inventory Evaluation and Control
Day 8

Traditional vs. Advanced Techniques in Cost-control

This day explores the refinement of costing systems, including advanced techniques and activity-based budgeting principles. The topics covered will include:  

  • Under-costing and Over-costing: The Consequences for Profitability
  • How to refine a Costing System?
  • Indirect vs. Direct Costs
  • Traditional Cost Allocations Systems vs. Activity-Based Costing
  • Cost Hierarchy & Cost Drivers
  • Linking Resources, Activities and Management
  • Introducing Activity-Based Budgeting and Management
  • Video, Case Study and Examples
Day 9

Budgeting: Flexible Budgets and Variance Analysis

This day emphasises the importance of budgeting, covering flexible budgets and the process of variance analysis. The topics covered will include:  

  • The Role of Budgeting
  • Define the Master Budget and Explain Its Major Benefits to An Organization
  • Describe the Difference between a Static Budget and a Flexible Budget
  • Compute Flexible-budget Variances and Sales-volume Variances
  • Discuss The Behavioral Implication of Budgeting
  • The Budgeting Process in Your Organization: How to improve it?
  • Which tools shall we use to complement Budgeting and Costing?
Day 10

Measuring Corporate Performance: The Balanced Scorecards and Six-Sigma

This day focuses on broadening performance measurement systems using Balanced Scorecards and Six Sigma principles to integrate financial and non-financial measures. The topics covered will include:  

  • Broadening Performance Measurement Systems
  • The Key Role of Customer Satisfaction and Business Process Re-engineering
  • Beyond Budgeting: Integrating Financial and Non-financial Issues
  • Introducing The Balanced Scorecard
  • The Key Perspectives
  • Introducing The Strategy Maps
  • Introducing Six-Sigma
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers and Associations

Endorsed Education Provider

NASBA

In Association With

Options & Brochure
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NASBA

Customisation & In-House Delivery

Delivering this training course in-house allows organisations to adapt financial strategy, budgeting, and performance measurement frameworks to specific organisational contexts, industry challenges, and strategic priorities. Customisation supports teams in directly applying course principles to real financial and operational scenarios.

Why Choose Saudi GLOMACS?

Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.

Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.

Official Saudi Presence

Official Saudi Arabian division of GLOMACS with established global credibility.

International Benchmarks

Internationally benchmarked training courses aligned with professional best practices.

Trusted Across Sectors

Trusted by professionals and institutions across public and private sectors.

Flexible Delivery

Training courses delivered within Saudi Arabia and across international locations.

Additional Benefits of this course for Organisations and Professionals in Saudi Arabia

Organisations & Professionals in KSA will have the following additional benefits from this Mastering Finance, Budgeting and Performance Measurement training course:

  • Stronger financial decision-making across organisational functions
  • Improved budgeting accuracy and cost control
  • Enhanced ability to link strategy with financial performance
  • Greater confidence in using performance measurement tools
  • Better shareholder value creation through financial planning
  • Strengthened leadership capability in financial strategy
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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

No. Our training courses are delivered globally through international locations and online platforms, enabling participants from Saudi Arabia and around the world to learn together. This global delivery approach ensures exposure to diverse perspectives, international best practices, and cross-cultural insights while maintaining strong relevance to regional and organisational needs.

View All Training Locations

Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Yes, in-house and customised strategy training courses are available to support organisations seeking tailored strategic capability development. These courses can be aligned with your industry context, organisational challenges, and long-term strategic objectives.

For further details or to discuss customisation requirements, you may call or WhatsApp +966 (54) 286 8546 or email [email protected] . You can also submit a detailed enquiry through our in-house training page at: https://sa.glomacs.com/in-house-seminars

If you would like further information about these training courses, our team is available to provide professional guidance and support. We are pleased to assist with course selection, the registration process, and any other related enquiries.

For personalised assistance or detailed enquiries, please contact our team on +966 (54) 286 8546 or email us at [email protected]

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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