Finance & Controlling

Understanding the basics of finance & controlling with MARGA

In our "Financial Basics" programs, we convey the basics of internal and external accounting. The participants learn to see and understand the big picture of cash flow within a company and identify drivers for the company value. Practice-oriented and easy to understand, the annual financial statements with balance sheet, profit and loss account and cash flow statement as well as cost accounting and cost management are classified in an overall context.

You can choose beetwen our Board Game, our two-day in-class seminar "Financial Basics" and the Online Curse "Financial Basics".

Numbers are not abstract and boring – if exciting stories are at the bottom!

We offer the possibility to choose the focus "Finance & Controlling" in our business game.

Participants of the MARGA Business Simulation manage a complex company with all its departments and functions within a team. Focussing on Financial Management, they regard all company areas from a financial perspective: marketing, production, human resources and, in particular, finance and controlling. They learn about current management tools and deepen underlying business coherences. 

The teams get acquainted with a full internal and external accounting system of their company. Efficient controlling provides all the information that teams require to make well-founded operational decisions. Generate cash and secure liquidity, take into account exchange rate fluctuations and agree on payment terms. The teams adapt the company's financing to its needs.

The aim is the increase of the company value measured by the Economic Value Added, EVA. 

"Financial Bascis" programs

  • Learning contents

    The participants

    • get to know the balance sheet, the income statement and the cost of capital accounting and analyze their own annual financial statements
    • derive important key figures and know their significance
    • use information from cost accounting for their decisions
    • know the significance of liquidity and profitability and know what influences them
    • develop entrepreneurial thinking and acting

  • Benefits of the formats

    Board Game Seminar

    • Combination of expert input and the active implementation of the newly acquired knowledge as a team
    • Learning in a playful manner

    Classic two-day seminar

    • Classic in-class seminar mixed with practical examples and case studies
    • Intensive knowledge transfer

    MARGA Online Course

    • Online training - independent of location and time
    • Individual training with personal tutoring

  • Target groups

    Young Professionals (e.g. career entrants, trainees, junior managers)

    • Deepen and apply business fundamentals
    • See and understand the big picture of cash flow within a company


    Experts (e.g. project managers, specialists)

    • Deepen or refresh the basics of finance and accounting for up-coming projects
    • Identifyand use the drivers that positively influence the company value
    • Take an overall company perspective

    High Potentials (e.g. high potentials, talents)

    • (Fore-)see the financial consequences of business decisions
    • Align all decisions to financial target systems
    • Identify the drivers that positively influence the company value

Financial management as focus in the business game

  • Learning contents

    The participants

    • take the view of the controller.
    • use information from controlling for well-founded decisions.
    • consider competitive strategies also from the financial perspective.
    • learn to read the balance sheet, income statement and cash flow statement.
    • optimize stocks in working capital management and reduce capital costs.
    • get to know the drivers which have a positive impact on the company value.
    • work with different performance indicators, such as EBITDA, EBIT, ROCE or WACC.

  • Benefits of the business simulation

    Realistic market environment
    The business game uses real economic events, developments and trends and reflects the effects in the simulated company.

    Competition
    The identification with the own company and the direct competition between the teams arouses emotions and enthusiasm.

    Sustainability
    The 'learning by doing' method and the repeated application of what has been learned promote the practice transfer into their own work area and result in a sustainable learning effect.

    Teamwork
    The participants train their teamwork skills and make all decisions jointly. An efficient and targeted planning and decision-making process in the team is therefore a critical success factor.

    Personal Tutoring
    MARGA is characterized by a particularly intensive tutoring. During the self-directed online phases, the tutors also support all participants in content, organizational and technical matters.

  • Target group

    Experts (e.g. project managers, specialists)

    • Develop financial competencies
    • Recognice coherences in accounting and controlling
    • Understand performance measurement systems
    • Identify value drivers

    High Potentials (e.g. high potentials, talents)

    • Anticipate the financial consequences of entrepreneurial decisions
    • Align decisions to financial target systems
    • Get acquainted with and strengthen the drivers of the company value

    Executives (e.g. managers, senior managers)

    • Synchronize entrepreneurial and financial decisions
    • Align the company to financial targets
    • Consequently strengthen the drivers for the company value

Direct contact

Dr. Sandra Wagner

Questions?

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It was a very professional driven training, on which I learned a lot on finance, which I can benefit from in my daily work as Program manager. Especially the board game helped me a lot, to understand the complex accounting activities. I can recommend to everybody of my colleges to attend this training.

Participant of the MARGA Board Game Seminar

Our "Financial Basics" programs

You can choose between the following programs:

Our inhouse programs

We develop flexible programs focussing on "Finance & Controlling" in the formats online, in-class or blended learning with online and in-class phases. In doing so, we focus on your target groups and your organizational framework.

Inhouse Business Simulation video: short and simple (1:32)

Inhouse Business Simulation video: short and simple (1:32)

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