The Financial Literacy Program equips senior executives and board directors with the skills to navigate between strategy and operations using financial statements and ratios. Executives and directors who can use and understand numbers add more value to the boardroom and to their organization and are better able to fulfill their leadership mandate.
This program provides a context for the use of financial information and builds a framework for strategic thinking based on solid financial measures. Mastering the language of finance enhances the ability to ask the right questions and engage management in a more efficient way.
Over 500 participants have already graduated from Rotman's Financial Literacy Program. Participant diversity creates a rich and dynamic environment that lends itself to an exceptional learning experience. Participants develop a common language of finance, to have an immediate impact within their organization and in the boardroom.
This program is recognized as a Green Course by the Sustainability Office, University of Toronto for the 2016-17 academic year.
Who Should Attend
The program is intended for participants seeking to develop the necessary skills to navigate financials. The program is designed to help participants “connect the dots” and gain a practical working knowledge of financial reporting and analysis. Past participants have included CEOs, SVPs, presidents, executives, board directors and senior managers from public, private and not-for-profit boards and organizations.
This program includes a one-hour post-program consultation with Dr. Ramy Elitzur. Dr. Elitzur is the Program's academic director and The Edward Kernaghan Professor in Financial Analysis. His areas of expertise include financial reporting and analysis, business valuations, initial public offerings, mergers and acquisitions, and leveraged buyouts. In addition, Dr. Elitzur has consulted for companies both nationally and internationally. This is a great opportunity for individuals to discuss, one-on-one, any specific questions or areas of interest.
- Improve your ability to read and understand financial statements and concepts
- Better connect strategy and operations to maximize value
- Use financial data and analysis more effectively in decision-making
- Execute your financial role and responsibilities with due diligence
This program has been approved for 19.5 continuing professional development (CPD) hours under Section A of the continuing professional development (CPD) log of the Human Resources Professionals Association (HRPA).
Program days begin with breakfast between 7:00am–8:00am. Sessions typically start at 8:00am and end at 5:00pm.
All material for this program will be provided electronically. Alternative arrangements can be made upon request.
- Introduction to Financial Reporting
- The Roles and Responsibilities of the Audit Committee, Management and Auditors in the Reporting Process
- Introduction to Financial Ratios
- Financial Statements In Depth
- Introduction to Annual Reports
- Introduction to Management Discussion and Analysis
Fee: $3,950 CAD + HST
Included in program fee*:
- all program materials and supplies
- completion certificate
- class-day meals (breakfast, lunch and snacks)
Before beginning the application process, please review the application policies. To apply, complete the online application form.
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Apply NowRotman's Financial Literacy Program
Each application is reviewed by Rotman’s admissions committee to ensure participants have the appropriate academic and work experience.
Participant Notification Process
If space is available and eligibility requirements are met, participants will receive a notice of admission within 10 days of receipt of a completed application and fee deposit.
A deposit of 50% of the program fee is required at time of application. The balance of the program fee is due 30 days after receipt of invoice or 30 days before the start of the program, whichever is first. Payments can be made online. Applicants will be redirected to a secure online payment website after completion of the application form. Deposits will be refunded to applicants not accepted to the program.
Rotman Executive Program graduates or Rotman MBA / EMBA alumni are eligible for a discount equivalent to 10% of the program tuition. In addition, partner discounts are also offered for some programs. Where program applicants are eligible for more than one discount, only the greater discount will be applied towards the tuition fee. Discounts are not redeemable for cash.
*Participants will be responsible for their own travel, accommodation and incidental costs. Participants requiring accommodation during the program are eligible for preferred Rotman rates at select hotels. For more information contact an Executive Programs representative at firstname.lastname@example.org.