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CFO Programme  
     
 
  • 2008.06.19   Modular   [Shanghai]   Chinese
Programme Fee: ¥98,800
 
     
 
 
     
 
Message Description Objective Participants Benefits
Coverage Schedule Faculty Venue Admissions
 
     
 
 

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  Description  
     
 

With increasing competition, limited resources, pressure for sustainable growth, and so much more, CEOs need access to accurate information, especially from their CFOs. The requirements of a CFO have and will continue to evolve. Increasingly, CFOs are playing a more proactive and important role in strategy development and implementation. To be readily equipped for these demands, CFOs must have an array of management and communication skills, as well as experience in strategic decision-making.

 
   
     
  Objective  
     
 

The programme aims at:

  • helping participants with their company's strategy development and communication
  • developing necessary competency and capabilities to be a real strategic partner to the CEO
 
   
     
  Participants  
     
 

The programme is exclusively tailor-made for CFOs, Finance Directors, and senior-level Finance Managers with at least 8 years management experience, who are taking the role of strategic partner to the CEO or other top decision-makers in the corporations. It will also provide value to board members who are intended to enhance their finance knowledge so as to make better decisions.

 
   
     
  Benefits  
     
 

Participants in the programme will:

  • broaden business vision and develop strategic thinking capability
  • enhance financial analysis and planning skills
  • become a real value-creator for the company by implementing value-based management
  • help the company earn credibility, especially among investors and shareholders
  • better leverage resources to maximise financial performance
  • be able to design a proper performance measurement system for strategic implementation
 
   
     
  Coverage  
     
 

Module 1: Assessing Business Environment and Formulating Strategy (June 19-21, 2008)
CFOs are increasingly participating in corporate strategic decision-making, which require them to break the boundary of traditional financial arena. It becomes a must for CFOs to understand the implications of changes in macro-economy and government policies, and possess strategic perspectives. This module includes the following topics:

  • Interpretation of macro-economic trends and government policy
  • Strategy formulation and implementation

Module 2: Leading Corporate Growth through Value Creation (July 23-26, 2008)
The pace of China’s financial sector reform accelerated during recent years: the implementation of a more flexible floating exchange rate system, marketisation of interest rates, allowance of stock repurchases, and the introduction of important new financial instruments and hedge tools such as swaps, forwards, financial futures and options. In addition, the stock market reform of free-floating shares, the inflow of foreign financial capital and industrial capital, and the need of internationalisation of Chinese enterprises promise to bring a new wave of M&A. These new developments present new risks, opportunities and challenges to CFOs. At the same time, they provide CFOs with more choices and instruments to manage the firm’s financing, and risks. The following aspects shall be discussed in this module:  

  • Mergers and acquisitions and its financing
  • Leverage buyouts and structured financing
  • Dividend and share repurchase
  • Stock options
  • Risk management (especially currency risk measurement and management) 

Module 3: Enhancing Professional Skills in Analysis and Communications (September 18-21, 2008)
Sun Zi said: “Knowing the other and knowing oneself, in one hundred battles no danger”. To be an effective CFO, on one hand, it is essential to identify within the firm the major accounting fields where the ambiguity means both danger and opportunity; on the other hand, it is important to master powerful tools in order to decipher the competitors’ financial situation. After a series of financial scandals in China and around the world in the past several years, strengthening the financial information disclosure and corporate governance mechanism is becoming a major battlefield of capital market watchdogs. In this context, CFOs should be aware of the consequences of these new regulations of their firms. This module covers the following issues:

  • Accounting rules evolution
  • Grey areas in accounting
  • Insights into financial statement analysis
  • Corporate governance
  • Financial information disclosure and investor relationship

Module 4: Implementing Strategic Cost Control and Performance Measurement (November 7-10, 2008)
CFOs should fully utilise and integrate management tools such as balanced scorecard, budgeting and action-based costing. This module introduces and discusses the tools from a strategic angle, hence promoting CFOs’ cost control and performance measurement capabilities. The following aspects shall be discussed in this module:

  • Cost structure, profitability of the firm, and risk management
  • Cost allocation and strategic cost management
  • Relevant cost analysis
  • Budgeting, standard costing and variance analysis
  • Optimal transfer pricing
  • Performance evaluation, performance metrics, and management compensation

Module 5: Enhancing CFOs' Leadership
Nowadays, CEOs want CFOs to lead and perform highly visible roles that draw on a broad skill set. Being able to step beyond the traditional job parameters and lead is essential for an excellent CFO. We offer various leadership programmes. Participants of CFO programme can make a choice among them according to their own specific need and time and venue convenience. As a reference, we include the programmes that are available in 2008.

  • Leadership and Change Management
  • Leadership Programme for High Potentials
  • Women in Leadership Programme

In addition to the above five core modules, several evening talks on some critical issues in the finance area will be arranged to enrich the programme content and increase the practical aspect of the programme. Speeches will be given by experienced practitioners and the topics include: legal issues, EVA, Mergers & Acquisitions, MIS and Tax in practice. Finalised topics will be announced during the programme.

 
   
     
  Faculty  
     
 

Professor Zhao Xinge - Programme Director

Professor Xu Bin

Professor Terence Tsai

Professor Chang Chun

Professor Xu Dingbo

Professor Ding Yuan

Professor Katherine Xin

Professor Howard Ward

Professor Jean Lee

 
   
     
  Venue  
     
  This programme will be conducted at CEIBS campus at 699 Hongfeng Road, Pudong, Shanghai.  
   
   
  Admissions  
     
 
  • Fill out and submit the application form
  • CEIBS interview (incumbent CFOs and Finance Directors may be exempted from interview)
  • Eligible candidates will receive admission notices

If a confirmed booking is cancelled within 15 working days of the start of the programme, or if the applicant fails to attend the programme, a cancellation fee equaling to 20 percent of the total programme fee will be charged. If an applicant is unable to attend the programme, the applicant may transfer to another CEIBS Executive Education Programme within the same calendar year. When a request to substitute participant(s) for the same programme is made less than 15 working days prior to the start of the programme, the seat(s) will not be guaranteed.

Contact Information
 
Ms. Emily Zhang
Tel: (86 21) 2890 5186
Mobile: 13651716612
Fax: (86 21) 2890 5183
E-mail: zemily@ceibs.edu
Ms. Joanne Wu
Tel: (86 21) 2890 5192
Fax: (86 21) 2890 5183
E-mail: wjoanne@ceibs.edu

 
   
     
 

* CEIBS reserves the right to amend information on this programme including price, date, location, faculty, daily schedule and other details.

 
   
  Related Programmes
   
  Finance for Non-financial Executives
   
   
  Financial Derivatives
   
   
  Financial Statements Interpretation for Decision-makers
   
   
  Managing Foreign Exchange Risk
   
   
  Comments From Participants
 

Overall, CEIBS' CFO Programme's modules are systematically designed with great alignment with programme curriculum and case studies. The interaction with the professors and other participants are also extremely helpful for my work in the future.

Zhong Hua
Executive Vice President & CFO
China Oilfield Services Limited

 

Through the learning in the CFO programme, I have been able to refresh my knowledge, expanded my work paradigm. I have truly experienced the essence of "lifelong learning."

Zhong Jin
CFO
Jia Ming Investment Co., Ltd.

 

In the information era, as a Chinese company's CFO, if you want to elevate yourself from good to great, from China based to Globalisation, please choose CEIBS' CFO programme.

Tan Lixia
CFO
Haier Group

 

In my busy schedule, it is extremely difficult to take time to participate in training. The most important thing is that the time I've spent will provide a good return. From several different CFO Programmes, I selected CEIBS, mainly because of its world class faculty. After spending some time in the programme, my decision has been affirmed. CEIBS' programme is concise, practical, and has raised my knowledge significantly. My self learning abilities are strong, so it's not hard for me to learn new things, but it's still not easy to elevate my awareness level. In CEIBS' strong learning environment, interaction with other participants is a great way to elevate my own understanding.

Zhang Jieheng
Senior Manager Site Controlling Dept.
BASF Auxiliary Chemicals Co., Ltd.

 

When I was troubled by how I can bring myself up another level, I chose CEIBS' 2006 CFO Programme. The five modules covered the combined essential knowledge of a CFO, and allow me to escape from my current mindset so I can use a newer, more holistic, and broader perspective to contemplate new challenges.

Helene He
Greater China Financial Controller & Administration Manager
H.B. Fuller (China) Adhesives Ltd.

 

I am very happy to have joined the CEIBS CFO programme. CEIBS' professors are extremely knowledgeable. Through the programme, I have been able to complement my own experience with theoretical knowledge. I have also gained some tools that helped me to solve problem in my regular work, and improved my self-confidence. Moreover, I am very pleased to have met a great of talented participants from whom I have learned much. I am proud to have met them.

Yang Guobin
Financial Director
Konka Group Co., Ltd.

 

Joining the CFO Programme, I have only been able to learn the newest knowledge, but have gained a new problem resolution method and ability, and be able to share common experiences.

Sun Biyuan
Financial Manager
Shanghai Chemical Industry Park Investment Co., Ltd.

 

Operating from a strategic vantage point, practical, with an excellent balance between theory and practical knowledge.

Sun Yu
CFO
HYX China (Group) Co., Ltd.

 

I am honoured to be a participant in CEIBS' first CFO Programme. The programme has benefited me greatly with opportunities to expand my network, broaden my perspective, update my knowledge and improve my mindset. CEIBS has helped me realise my pleasure, progress and dreams.

Bao Zhenyong
CFO
Zhejiang Lianhe Chemical Technology Co., Ltd.

 

The programme has benefited me with enhanced analysis ability, numerous practical tools, and expanded industrial network.

Ma Zhiwei
Finance Manager
Guangdong Opple Lighting Co., Ltd.

 

The CFO programme offered by CEIBS is where chief finance officers can enhance their overall skills. The programme is penetrating and profound, enlightening people by unclogging the bottleneck.

Wang Wei
Deputy General Manager
Shandong Desheng Certified Public Accountants

   
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