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Executive Education



Program Overview

The objective of the 5-day training is to provide non-financials with the tools and knowledge to understand and interpret the accounts, budgets, indicators and ratios, necessary for the management of a company or Business Unit. Based on real and recent cases, a practical toolbox will be shared with the participants.

At the end of the 5 days of training, participants will have integrated the elements of language, concepts, and technical terms allowing them to associate financial management with their strategic and operational decisions.

Un directeur ou pdg masculin d'âge moyen a rencontré des collègues lors d'une conférence en ligne, planifiant un nouveau projet. Un homme d'affaires élégant utilise un ordinateur portable, un concept de communication

Executive Short Program Finance for non-financials EXECUTIVES

Format: In-class
Duration: 5 days
Language: English
Next start:
Cost: 5900 €*
Place: France

The program is aimed at: 

Executive management; Business Unit Manager; Entrepreneurs and creator of start-ups; Executives of public or private companies; Administrators; Members of Investment Funds.


Download the brochure


* Net price, HEC Paris is not subject to VAT. Prices, dates, faculty, and program content are subject to change. 



Master the elements of language and terms used by finance professionals

Understand the impact of strategic decisions on financial performance 

Interpret the accounts of a company or Business Unit

Build and analyze a Business Plan

Use asset and business valuation methods

Assimilate the main financial arrangements and operations

Academic Director

Patrick Legland
Affiliate Professor, HEC Paris

Corporate Consultant


Learning Methods


Real and recent cases, on which the Academic Director and speaker has worked

Exchanges of experience between the participants

Practical mini-cases allowing a concrete application of the concepts studied

Scenarios on real cases

Group work oriented towards analysis and decision-making


Moving from an accounting presentation to an economic logic Understand the company’s accounts: balance sheet, income statement, cash flow statement The main economic, operational and financial ratios

How to Develop a Business Plan Growth financing Impact of inflation and interest rates on the Business Plan

Financing by self-financing, financing of the Working Capital Requirement Choice of financing by equity, financial debt, or convertible bonds The main balances of the balance sheet and the financial structure

The main methods of asset or business valuation Valuation by multiples: turnover, gross operating surplus, net profit Actualization of operating Free Cash Flow: “Discounted Cash Flow”

The different types of operations and financial arrangements Takeover and sale of companies: Mergers & acquisitions Company takeover by employees or management: “Leverage Buy Out”

Download the brochure



Fields preceded by an * are mandatory. Failure to fill out the correct fields will delay your brochure request. By completing this form, you are giving consent to HEC Paris to collect your data in order to process your request for documentation, offer you its training programs and ensure their follow-up. You have a right to access, modify, oppose, delete, limit, transfer, and to inform us how you wish your personal data to be processed, in the event of your death, by contacting Find out more about the management of your personal data and your rights

Register for the program


Fill in the form to check your eligibility and start the registration process.



This program is accessible for people with disabilities. Please contact us if you have any specific requirements or to obtain the Public Accessibility Register.

Funding options

Find out more about possible funding options for the program you have chosen.

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photo Imre Ignacio SZAPARY
Imre Ignacio SZAPARY
Business development manager