Skip to main content
man discussing ideas

Demystifying Finance

Having an understanding of the basic concepts of finance in the context of HE is beneficial to those working in any academic or professional services role and more so in posts which require elements of financial planning and budgeting.

Overview

While these areas may at first seem daunting because of the use of jargon, Demystifying Finance has been developed to simply explain many aspects of finance in HE. This informal and practical one-day workshop uses your own institution’s financial statements to help build understanding of key financial concepts including interpreting financial statements, funding, budgeting costing and pricing.

Dates: 5 December 2019
Venue: London
Who: Anyone who wants to improve their understanding of finance in higher education and develop their financial management skills

Book now

Structure

The workshop consists of four sessions:

  • Session 1: University funding and understanding your accounts
  • Session 2: Financial Sustainability

– what is it and how can it be measured?

  • Session 3: Budgeting, costing and pricing

– the what, why and how.

  • Session 4: Financial controls and audit

– keeping you on the straight and narrow.

Benefits

Lack of business and particularly financial acumen is well documented as being a contributing factor to limiting leadership success. Demystifying Finance cuts through the jargon to help you make sense of your institution’s financial statements and provide you with an understanding of basic accounting concepts and principles. The workshop provides an informal environment to ask questions on any aspect of finance in HE and enables an appreciation of the importance of internal controls and financial regulations.

"Demystifying Finance gave me a great overview of all aspects of HE finance and budgeting; useful help with the finance jargon and great hands-on exercises”

- Katrina Mills, Departmental Manager for School of Languages and Area Studies, University of Portsmouth

Demystifying Finance enquiry

Complete the form below and one of our team will be in touch with you to discuss the programme.

Keep up-to-date with the latest from Advance HE
Let us do the hard work for you and keep you updated with services such as: the latest news, reports and research from around the sector, information on Advance HE services and awards that can support you in your role, and provide the services you have requested from us.

I agree to Advance HE contacting me via: