Finance for Non-Financial Professionals
in the Oil & Gas Industry

This course is aimed at professionals from all areas of business who require a better understanding of how finance works. The course offers insights into the main factors that are essential to the successful financial management of Oil and Gas corporations. In an uncertain economic environment managers need to be aware of the power and importance of key stakeholders – shareholders, bankers, customers and suppliers. Managers need to efficiently allocate resources, whilst recognizing environmental and ethical concerns, controlling risks, and effectively communicating strategy and performance.

This course provides professionals from non-finance backgrounds with a fundamental grasp of the important principles of finance. This gives them the confidence to work alongside financial experts, make informed choices and fully participate in the management process.

This course will feature:

• The relevance & importance of accounting & finance to the success of your business.
• The unique features of Oil & Gas accounting that impact on reporting & decision making.
• Budgeting and costing techniques & how to apply them.
• The techniques available to determine the most profitable & worthwhile investments for your business.
• Effective ways to control the financial risks of your business.

What are the Goals?

By the end of this course, participants will be able to:

• Understand and evaluate corporate financial reports.
• Determine sources of capital, and capital structure.
• Identify and appraise wealth-generating investments.
• Recognise, quantify, and control financial risk.
• Understand & apply accounting & financial techniques in an Oil & Gas corporation.

Who is this Course for?

This course is suitable for a wide range of professionals, working in the Oil and Gas industry, who wish to expand their financial knowledge, in order to achieve career progress.  It will be most relevant to middle and senior managers who have responsibility for divisional or organizational success and will greatly benefit the following:

• Members of the operational management team
• Marketing, sales and administration managers
• Engineers and geologists
• Risk managers
• Executive and non-executive board members

How will this be Presented?

This programme uses a range of training methods designed to achieve effective learning, and to maintain the interest and enthusiasm of delegates. The presenter will discuss, develop, and build a framework of core knowledge of the programme topics, illustrating these with real-world examples. A range of financial techniques will be presented, explained, and reinforced using exercises and examples. Realistic case studies will provide the opportunity for delegates to participate in teamwork analysis, to explore options, and propose strategies and solutions.

• AZTech Certificate of Completion for delegates who attend and complete the training course