Skip to main content

Short Course

Leading for Results: Strategic Financial Management

Understand the financial impact of your decisions. Learn core finance and accounting tools to evaluate tradeoffs, align strategy, and drive business performance.

Strategic Financial Management

Current Offerings

There are no offerings at this time, please check back later or contact us.

Overview

This program focuses on connecting business decisions with their financial consequences and views finance as an operational element of a successful organization. It is critical for leaders to understand how business decisions impact financial results and how constraints shape business decisions. All too often, operational leaders and strategic decision-makers are siloed from their counterparts in finance. Accounting is the language of business because its terms and concepts translate any business decisions into their economic consequences. As you gain familiarity with the tools and techniques of strategic financial management , you will begin to deploy finance and accounting to empower your business decisions.

Who Should Attend

This program benefits emerging leaders and those in a leadership or executive role responsible for creating or implementing strategy. Prior knowledge of finance is helpful, but not necessary.

Program Benefits

Improve your ability to:

  • Consider the interaction of operational decisions, financial outcomes, and strategic imperatives

  • Obtain a system-wide financial picture of your organization

  • Read and interpret financial statements as business and strategy tools

  • Deploy strategic financial management to drive systemic business efficiency

Program Content

This program is taught by the very best business faculty and experienced practitioners from top organizations who will help you tie critical new perspective, concepts, and techniques to immediate application in the workplace.

  • Understand the basic tenets of managerial accounting

  • Read and understand corporate financial statements

  • Understand the balanced scorecard as an integrated view of the business

  • Cost management through product design

  • Operations Management

  • Revenue management

  • Money management

  • Developing a systems-view of your organization through financial information

  • Decision making: Maximizing possibilities, minimizing risk

  • Aligning business decisions, financial outcomes, and strategy

  • You will participate in a competitive business simulation allowing you to practice:

  • Operational decision making – product design to working capital management

  • Aligning operational and financial decisions with competitive strategy

  • Bridging functional silos to collaborate with other departments

Faculty

This course is led by expert faculty, with extensive academic and industry leadership experience, who are committed to sharing unique insights into your organization.

Sajay Samuel, Ph.D, CMA

Clinical Professor of Accounting, Smeal College of Business

Dr. Samuel has expertise in management & cost accounting; strategic cost management; history of quantification & political theory; and hospital costing & management. His work on the problem of exploding student loan debts in the US has resulted in a widely viewed TED talk.

What to Expect

Dr. Samuel recently sat down for an informal fireside chat to describe what you can expect from this course. Hear how he describes his teaching style and what he hopes you’ll learn.

Leading for Results: Strategic Financial Management. The Classroom Experience--What to Expect ThumbnailplayArrow icon

Professional Certificate

Strategy and Organizational Performance

Complete any three eligible programs to earn the Strategy and Organizational Performance Professional Certificate. Take programs in any order and over any period of time, choosing the learning experiences that best support your professional goals around leadership and strategy skills.

Explore Professional Certificate OptionschevronRight icon

Customize this Program

All programs and delivered to groups of 10 or more. A member of our team will reach out to discuss your goals and explore the right fit for your group. You can also reach us directly at 800-311-6364.

Request Information

Additional Information

Our Learning Solutions Associate can hold a seat for you in the program. A reservation does not commit you until you submit the online registration form. To reserve your spot, email our office.

A 10% reduced rate on live remote delivery is available to military and government employees, Penn State alumni, individuals pursuing a professional certificate, teams of three or more from the same organization, and CSCR corporate sponsors or affiliated groups.

Yes. This program can count toward a . Complete three qualifying programs at your own pace to earn the certificate. Note: Each program can only count toward one certificate.

After you register, you’ll gain access to your personal learning portal. There, you’ll find pre-program assignments, information about faculty and fellow participants, plus other program resources.

Accepted applicants can transfer to another section if the transfer is arranged more than four weeks before the program begins. Additional transfers are subject to a charge of 10% of the current program fee. A sponsoring company may also identify a replacement candidate, provided the candidate is accepted into the program.

Refunds are based on when written notice of withdrawal is received:

  • More than six weeks before the program begins: Full refund

  • Between two and six weeks before the program begins: 50% refund

  • Two weeks or less before the program begins: No refund

All withdrawals, transfers, and substitutions must be confirmed in writing by the registered participant or their agent. If written notification is not received, the full program fee will be assessed.

Penn State may cancel or postpone a program due to insufficient enrollment or other unforeseen circumstances. If a program is canceled, registration fees will be refunded; however, Penn State is not responsible for other related expenses, including airline or travel agency cancellation or change fees. If a program is postponed, you may receive a refund or transfer your program fee to another session.

If you have questions about transfers or cancellations, please contact us.