Finance Training & Classes for Employees: Review Corporate Training Options

Financial training can benefit more than just accountants and financial analysts. Whether you and your team are looking to upskill or gain new skills, corporate financial training can be a great way to improve your team's performance and build confidence.Read on to learn about what to consider when looking for corporate finance training options and to learn about the options that are available for onsite and online training.

What is Finance?

Finance is an umbrella term that covers all things money, including financial analytics, financial modeling, banking, investing, and financial technology (or FinTech). Finance involves investing, lending, budgeting, borrowing, saving, forecasting, and the study of money. It’s possible to trace back our modern-day financial structures thousands of years--and the principles of finance matter just as much in today’s world.

There are three main areas to consider within the world of finance. Personal finance involves budgeting, investing, managing cash flow, and borrowing to finance large purchases while keeping debt down. Corporate finance covers capital budgeting, capital structure, and dividend policy. Public finance deals primarily with the revenue and budget of a public entity, whether a government or quasi-government organization. These three branches allow for a wide variety of job opportunities within the field of finance, so you can find a position that matches your interests and expertise. 

What Can You Do with Finance Skills?

Learning finance can open doors to so many different fulfilling and lucrative careers. If you’re interested in being involved with the financial decisions of corporate entities and organizations, you might enjoy becoming a Financial Analyst, Management Analyst, Investment Banker, or Financial Manager. On the flip side, if you’d like to help individuals and families manage investments and plan for retirement, becoming a Personal Financial Advisor or an Accountant might be the right fit for you. There are other positions you can take on with finance training, such as Bookkeeper, Tax Examiner, Loan Officer, or Revenue Agent, so there is something for everyone in this fast-paced field.

One benefit of learning finance is entirely personal: understanding how to invest, save, and create a budget can make a big difference in your family’s current and future financial health. It also makes you a more efficient problem solver and critical thinker, in both your personal life and at work. Lastly, finance training looks great on your resume--even if you’re taking on a job in an entirely different field. Whatever you decide to do career-wise, learning finance won’t be a mistake. 

Benefits of Finance Corporate Training

There are many benefits to corporate training. For employees, being able to attend a corporate training can help them feel more valued and appreciated (especially when their employer foots the bill), which can lead to increased job satisfaction and morale. Employees also feel more confident and empowered to make decisions after attending a training, which can lead to greater engagement. 

Corporate training can help organizations align with their goals, foster innovation, and improve company processes. It can also help create a stronger brand and promote a competitive advantage, as having the best trained and most knowledgeable employees will create a sense of expertise. Investing in employee training can also show employees that the company values their development, which can lead to increased loyalty and reduced turnover.

Finance is especially valuable to learn in corporate training for both employees and employers. Finance professionals are required to remain up to date on best practices and the latest tools and strategies of the industry. Ongoing training can help managers and their direct reports remain informed while improving their relationships and overall team morale. 

Who Benefits Most from Finance Corporate Training?

As previously discussed, both employers and employees can benefit from corporate training. It may be of most value, though, to entry or mid level employees, as it can help them further their careers by building on their fundamental skill set. Entry and mid-level employees can leverage corporate trainings to gain advanced skills and network with other professionals within their company that they may not work directly with. This networking can help them learn about new teams and departments that could be a good fit for a promotion. 

New Skills or Upskilling?

The answer to this question is simple: corporate finance training can be used for both. Offering finance training to a few select individuals for upskilling can be a great option, especially if those folks are in related roles in data analytics or basic accounting and are looking for their next career move. But you can also offer basic finance training for an entire organization. Excel, Quickbooks, and various other tools covered in finance training can be useful for managers, PMs, and any other positions that commonly manage their team’s budgets. Additionally, these courses also teach problem solving and adaptability, two skills that can serve any working professional.

Onsite or Online?

Live virtual courses are considered the middle ground between on-demand and in-person classes. You’ll attend scheduled class times from the comfort of your own home (or wherever you choose) to learn from an expert instructor. Live online classes offer instant feedback from your teacher and interactions with other students, creating the opportunity for a deeper understanding of the coursework. These classes are ideal for students that thrive in a structured learning environment but perhaps don’t live near any in-person offerings. Or, if you simply prefer online learning, then a live virtual class could be for you. 

In-person classes are considered the best way to master finance as quickly and efficiently as possible. Held on location at scheduled times, these classes offer face-to-face interaction with your fellow students and your expert instructor. If you encounter any challenging material, you can ask questions in real time instead of spending unnecessary time figuring it out on your own. This collaborative environment is available for both full-time and part-time classes and provides structure and accountability, two things that can help you succeed. 

As you can see, live online and in-person classes are great ways to study finance, so the choice will come down to which learning method is best for your schedule and lifestyle. 

Training Options for Employees

Regardless of whether you’re upskilling or reskilling, Noble Desktop offers unique options for corporate training. You can choose to conduct the training onsite at your location or live online from anywhere, and you can also purchase vouchers for their public enrollment Digital Skills courses.

Noble Desktop’s Financial Modeling Bootcamp teaches essential finance and accounting concepts required for Equity Research, FP&A, Investment Banking, Private Equity and Corporate Finance. Students will learn to build a 3-Statement Financial Model and a Discounted Cash Flow (DCF) Model in Excel using advanced Excel skills, explore corporate finance and valuation, and create a financial model for a real company. 

Their Financial Analyst Training Program helps students gain basic and intermediate skills in Excel, review corporate finance and financial accounting concepts, and build a comprehensive valuation model on a public company. You’ll build a strong foundation in Excel with formulas, functions, Pivot Tables, and shortcuts; learn advanced techniques including Goal Seek, financial functions, shortcuts, and cash flow projection tools; and review concepts like enterprise value, the financial statement analysis, DCF modeling techniques, and corporate valuation principles. Finally, you’ll create a DCF model on a public restaurant company using current financial data; review company presentations, earnings releases, and financial reports to determine the model drivers and assumptions; and derive a value per share and evaluate the equity as a potential investment.

Python for Finance Bootcamp is an advanced course that covers the major Python financial libraries used to gather and manipulate financial data. You will start by working with financial APIs to fetch financial, company, and economic data. Then you’ll analyze financial statements from the SEC website, including financial ratios derived from the income statement and balance sheet. Finally, you will build risk management models using Python libraries to create VAR models and Monte Carlo simulation, mastering how to apply statistical measures like linear regression to financial uses.

Supplemental Training Options

Noble Desktop also has options for alternative training methods, like the ability to buy bulk enrollment in Noble classes to provide employees with training outside of business hours. You can reach out to hello@nobledesktop.com to discuss the Noble Corporate training options available for your topic and have them create a custom program just for your organization.

Key Takeaways

• Finance covers anything you can think of that deals with money: investing, lending, budgeting, borrowing, saving, forecasting, and the study of money. Studying finance can lead you to a host of careers that are both exciting and well-paid.
• Corporate training can have many benefits, like building team morale, fostering stronger relationships, and increasing employee performance through newly gained skills. 
• Corporate training can be attended online or at the site of your choosing, so you’ll want to consider the pros and cons of each in relation to your specific team’s needs.
• You can receive comprehensive finance training in-person or live online through Noble Desktop. With industry professionals on their teaching staff, Noble Desktop is committed to preparing learners for the business world through dynamic, hands-on classes. Take an individual class, a multi-day bootcamp, or a months-long certificate program and discover how learning with Noble Desktop can help get you to the next level.