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Updated in [June 30th, 2023]

This course, Finance for Non-Finance, is designed to provide students, executives, and common people with the basics of finance. It is offered under the 'Cafeteria' approach for students under CBCS, which will help non-finance students to gain an understanding of finance and develop a 'Finance Sense'. The course content includes Basic Accounting Concepts, Financial Statements, Financial Statement Analysis, Budgeting, Capital Budgeting, (CAPEX / OPEX), Sources of Finance, and Time Value of Money.

[Applications]
The application of this course can be seen in various aspects of life. It can help students to understand the basics of finance and develop a better understanding of financial statements and budgeting. It can also help executives to make better decisions regarding capital budgeting and sources of finance. Furthermore, it can help common people to gain a better understanding of the time value of money and how to make better financial decisions.

[Career Path]
The career path recommended to learners of this course is Financial Analyst. A Financial Analyst is a professional who is responsible for analyzing financial data and providing financial advice to businesses and individuals. They are responsible for researching and analyzing financial data, preparing financial reports, and making recommendations to management on how to improve the financial performance of the organization. Financial Analysts typically work in the finance department of a company or in an independent consulting role.

The development trend of Financial Analysts is that they are increasingly being asked to provide more comprehensive financial advice and analysis. This includes providing advice on investments, mergers and acquisitions, and other strategic decisions. Financial Analysts are also expected to have a strong understanding of the latest technologies and tools used in the financial industry, such as artificial intelligence and machine learning. As the financial industry continues to evolve, Financial Analysts will need to stay up to date with the latest trends and technologies in order to remain competitive.

[Education Path]
The recommended educational path for learners of this course is to pursue a Bachelor's degree in Finance. This degree program typically covers topics such as financial management, investments, banking, corporate finance, financial markets, and financial analysis. Students will learn how to analyze financial data, develop financial models, and understand the principles of financial decision-making. They will also gain an understanding of the legal and regulatory environment of finance, as well as the ethical and social implications of financial decisions.

The development trend of this degree program is to focus more on the practical application of financial concepts. This includes the use of technology to analyze financial data, the development of financial models, and the use of financial software to make decisions. Additionally, the degree program is increasingly emphasizing the importance of ethical and social considerations in financial decision-making. This includes the need to consider the impact of financial decisions on society and the environment.