Overview:

This one-week intensive course provides business professionals with a comprehensive understanding of financial management as practiced by today’s leading companies. It demystifies the complexities of finance, furnishing essential tools and insights to achieve professional goals and support the objectives of the organizations they serve.

Outline:

Module I: Essentials of Corporate Financial Management (Days 1-3)

Day 1: Corporate Financial Planning & Strategic Management

• Introduction to Corporate Financial Planning
• Strategic Planning and the Objectives of the Firm
• Agency Theory: Shareholder vs. Management Interests
• Creative Accounting: Lessons from Enron
• Preparing a Strategic Plan
• Financial Planning Scope, Role & Responsibilities
• The Master Budget and Cash Flow Forecasting Techniques

Day 2: Financing Decisions & Budgeting Techniques

• Financing the Strategic Plan: Sources of Finance
• Evaluating Equity and Debt Financing
• Understanding the Cost of Capital: WACC and CAPM
• Capital Investment Process: NPV, IRR and Payback
• Preparing and Managing Budgets: Types and Benefits
• Budgeting Techniques: Activity-Based Budgeting & Variance Analysis
• Budgetary Control and Responsibility Accounting

Day 3: Cash Flow Management & Risk Management

• Managing and Controlling Cash Flow
• The Cash Conversion Cycle and Working Capital Management
• Identifying and Evaluating Financial Risks
• Establishing a Risk Management Strategy
• Introduction to Hedging Techniques: Derivatives Overview
• Risk Management Tools: Forwards, Options, and Futures

Module II: Financial Decision-Making Skills (Days 4-5)

Day 4: Financial Markets and Investment Analysis

• Overview of Financial Markets: Equity and Bond Markets
• Evaluating Investment Opportunities: CAPM and Portfolio Theory
• Time Value of Money and Discounted Cash Flow Techniques
• Introduction to Real Options and Scenario Analysis
• Practical Application: Investment Appraisal through NPV and IRR

Day 5: Corporate Finance & Risk Management Strategies

• The Corporate Financing Decision and Financial Leverage
• Understanding Capital Structure Theory
• Exploring the Dividend Decision and the Clientele Effect
• Practical Application of Risk Management Strategies
• Hedging Using Financial Instruments: Options and Futures
• Real-World Case Study: Risk Management in Practice

Training Methodology:

This course will emphasize a participative, learning-by-doing approach, incorporating short case studies, team exercises, and individual analyses. Delegates will gain both theoretical knowledge and practical skills, ensuring confidence and readiness to apply techniques in the workplace.

Organizational Impact:

Participants will develop transferable skills that enhance corporate financial planning, drive profit, improve cash flow, and minimize risk, thus contributing to strategic business objectives.

Personal Impact:

Delegates will leave with a robust understanding of contemporary issues in financial management, enabling them to make informed decisions that enhance their value to the organization.