Course Introduction:
This program is designed to equip participants with the essential skills and knowledge required for effective decision-making in managerial finance. In today's dynamic business environment, managers must possess a strong understanding of financial principles to allocate resources efficiently, evaluate investment opportunities, and maximize shareholder value. This course provides a comprehensive overview of key concepts in managerial finance, covering topics such as financial analysis, budgeting, capital budgeting, risk management, and strategic financial planning. Through a combination of theoretical learning and practical case studies, participants will develop the expertise needed to make informed financial decisions and drive organizational success.
Course Objectives:
- Understand the role of managerial finance in organizational decision-making and strategic planning.
- Develop proficiency in financial analysis techniques for evaluating the financial performance and health of an organization.
- Learn how to prepare and analyze financial statements to assess profitability, liquidity, and solvency.
- Gain insights into capital budgeting decisions, including techniques for evaluating investment projects and estimating their financial returns.
- Understand the principles of risk management and learn how to identify, assess, and mitigate financial risks in managerial decision-making.
Organization Benefits:
- Improved Financial Decision-Making: Equipping managers with skills in managerial finance enables organizations to make informed financial decisions that align with strategic objectives and maximize shareholder value.
- Enhanced Resource Allocation: Through effective budgeting and capital budgeting techniques, organizations can allocate resources efficiently to projects and investments with the highest potential returns.
- Better Risk Management: Managers trained in managerial finance can identify and assess financial risks more effectively, enabling organizations to mitigate potential threats and seize opportunities for growth.
- Increased Profitability and Efficiency: By optimizing financial processes and decision-making, organizations can improve profitability, reduce costs, and enhance operational efficiency.
- Strengthened Strategic Planning: A thorough understanding of managerial finance principles empowers organizations to develop robust financial strategies that drive long-term growth and sustainability.
Target Participants:
This course is suitable for mid-level and senior managers, financial analysts, business professionals, and anyone involved in making financial decisions within organizations. Participants should have a basic understanding of financial concepts and accounting principles.
Course Outline:
Module 1: Introduction to Managerial Finance
- Overview of managerial finance principles and concepts
- Role of managerial finance in organizational decision-making
- Understanding financial statements and financial analysis techniques
Module 2: Financial Statement Analysis
- Analyzing financial statements to assess profitability, liquidity, and solvency
- Ratio analysis and interpretation of financial ratios
- Common-size and trend analysis of financial statements
Module 3: Budgeting and Forecasting
- Principles of budgeting and budgetary control
- Preparation of operating budgets, cash budgets, and capital budgets
- Forecasting techniques for revenue, expenses, and cash flows
Module 4: Capital Budgeting
- Introduction to capital budgeting decisions
- Techniques for evaluating investment projects (e.g., NPV, IRR, payback period)
- Capital rationing and risk analysis in capital budgeting
Module 5: Risk Management and Strategic Financial Planning
- Principles of risk management in managerial finance
- Identifying and assessing financial risks (e.g., market risk, credit risk, operational risk)
- Strategic financial planning and decision-making under uncertainty