Financial Management

GIPA's certificate program in financial management is designed for both - novice managers, planning to have a successful career without prior practical experience and current financial managers, aiming to deepen their knowledge in finances.

Program Content:

Excel in Finances

Mathematical, financial and statistical data processing
Data collection, classification and systematization
Professional data processing and descriptive analysis
Processing complex tables with dynamic transformations

Financial Planning, Analysis and Management

Money valuation, PV, FV, discounting
IRR, NPV, WACC, MIRR, What - if Analysis
IPMT,PPMT, NPER, RATE, effective and nominal percent
Fixed and variable costs, cost per unit of product
Profit and loss accounts, contribution format of P&L
Tendency and comparative analysis, ROI, ROE, ROS, ROA, debt ratio
PAYBACK PERIOD, business evaluation, business terminal value, Gordon model

Statistics in Financial Planning

Currency risks
Sales forecasting and planning
Cost forecasting and planning
Budgeting

Processing of Financial Information and Reporting

Preparation of profit and loss statements
Preparation of balance sheets
Preparation of cash flow statements
Preparation of financial statements

Final project – based on the passed modules, the participants prepare and present the final project / business plan.

Duration: 3 months (including final project). Two or three times a week, from 19:00 to 22:00 on working days and from 10:00 to 17:00 on Saturdays.

Language of Study: Georgian

Upon successful completion of the program, participants will be awarded with the Financial Management Certificate.

Certificates are graded and vary according to the participant’s achievements.

Prerequisites for receiving the certificate include: Receiving a minimum, positive grade in each module; Preparation and presentation of the final, individual project

Giorgi Turkia - Full professor in the field of economics. He has 20 years of lecturing experience in business management. He is an expert in business planning and management and provides consultations to government, private and international organizations. He is the initiator of several projects and a specialist of the National Examination Center group. Also, the author of four textbooks in the business direction, including the co-author of the books "Basics of Business" and "Business".

Julieta Gagloshvili

Nino Labadze

Program cost: 1800 GEL

Payment schedule: payment is made in 2 installments

I instalment - 1000 GEL (made at the beginning of the program)

II instalment - 800 GEL (made during the first week of second month of study).

Discount System

The program includes individual discounts:

Graduates of GIPA - 10%
Family members studying on the same program at the same time - 10%

Corporate Discount:

In case of organization covering the personnel development costs, special discounts vary:

two or three employees – 10%
four employees – 15%
five or more employees – 20%

*One person is eligible to receive one type of discount per program.

Payment: The installments should be made on the organizational account. Personal ID number and name of the program should be included in the payment order.

Bank details:

TBC Bank JSC
Bank code (MFO): TBCB GE 22
Name of recipient – Georgian Institute of Public Affairs
Account number - GE84TB1100000110700419 / GEL

Interested applicants should complete the registration form.

Registration Deadline: September 24, 2024.

Interviews with the selection committee will be conducted after September 24. Selected candidates will be notified via email or mobile.

Program start date: first week of October, 2024

Criteria for Selection:

Motivation
Communication skills
Working experience (preferable)

Teona Sukhiashvili

Coordinator

Training and Consulting Center

Address: 2 Marie Brosset Street, Tbilisi, 0108

E-Mail: t.sukhiashvili@gipa.ge

Mobile: +995 598 119 212