Financial Management

Name: Financial Management
Rating: 4.1 (27 reviews)

Let's learn how to become a Finance Manager and tools required to become the best in the field of Financial Management

Created byRowan Malherbe

Last updated 6/2018

English

English [Auto],

What you'll learn

You'll develop the knowledge and skills expected of a finance manager, in relation to investment, financing and dividend policy decisions.

Course content

1 section • 12 lectures • 1h 49m total length

Introduction and objectives of financial management9:00
Learn how financial management aims to maximize shareholder wealth through planning, funding, and control of resources, balancing earnings, dividends, and risk with strategic alignment.
The financial environment
Financial markets7:53
Discover how financial markets and money market instruments shape banking profits through deposits, interest, and leveraging assets and liabilities, with instruments like bonds, commercial paper, and repos.
Working capital and its management15:41
Explore working capital management by optimizing inventory, data, and creditors management. Improve cash flow and short-term liquidity through the operating cycle and cash conversion cycle.
Working capital financing11:20
Explore working capital financing to improve day-to-day liquidity through internal funding, short-term borrowings, or rights issues, while managing inventory and cash flow forecasts to sustain profitability.
Investment appraisal13:35
Explore investment appraisal techniques for non-current assets, emphasizing relevant cash flows, cost of capital, time value of money, and methods like NPV, IRR, payback, and ARR.
Inflation and tax allowances8:46
Explore how inflation and tax allowances shape capital investment decisions, distinguishing real vs nominal cash flows, synchronized inflation, and calculating NPV with depreciation and tax relief.
Risk and sensitivity8:34
Assess business and financial risk, uncertainty, and risk appetite, and analyze capital investments with sensitivity and probability analyses, including net present value and operating leverage concepts.
Financing and sources of financing4:34
Examine how to select financing sources—leases, loans, bonds, equity, venture capital—and assess terms, after-tax cost of borrowing, and cash-flow implications for asset funding.
Dividend policy10:29
Understand how dividend policy balances retention and payouts, retention ratio, and growth potential, while signaling and clientele effects influence investor expectations and capital structure.
Cost of capital9:12
Understand the cost of capital as the weighted average of equity and after-tax debt, setting returns for value and guiding investment via capm and the Gordon growth model.
Valuations10:26
Discover methods to value a business under going concern and liquidation bases, using asset based value, discounted cash flow for majority stakes, and dividend or earnings yield for minority stakes.

Requirements

We recommend that you have a basic understanding of financial management. We recommend that you take our ACCA: F2/FMA Management Accounting course first.

Description

This course is strategically crafted to cultivate the requisite knowledge and skills essential for a proficient finance manager, focusing on making informed decisions in the realms of investment, financing, and dividend policies.

Key Competencies:

Upon successful completion of this comprehensive course, participants will be equipped to:

A. Articulate a nuanced understanding of the role and purpose of the financial management function within an organizational context.

B. Evaluate and articulate the intricate interplay between the economic environment and financial management, demonstrating a comprehensive awareness of external factors influencing financial decisions.

C. Apply and discuss various working capital management techniques, showcasing an ability to optimize liquidity and operational efficiency.

D. Conduct rigorous investment appraisal, demonstrating proficiency in assessing the viability and potential returns of investment opportunities.

E. Identify, analyze, and evaluate alternative sources of business finance, illustrating a comprehensive understanding of the diverse financial instruments available.

F. Discuss and apply principles governing business and asset valuations, showcasing the ability to derive accurate and insightful valuations.

G. Explain and apply risk management techniques within a business context, demonstrating the ability to identify, assess, and mitigate risks effectively.

This course is designed to empower participants with a holistic skill set, enabling them to navigate the complex landscape of financial management. By honing these competencies, participants will be well-prepared to make strategic financial decisions that contribute to the overall success and sustainability of their organizations.

Who this course is for:

People that want to learn about how to become an efficient financial manager and apply techniques to further your knowledge within Financial Management.