• To develop advanced knowledge of financial management principles and strategic financial decision-making
• To enhance learners’ ability to analyze financial data for effective planning and control
• To provide understanding of investment, financing, and dividend decisions in a corporate context
• To build skills in risk management, financial forecasting, and valuation techniques
• To prepare learners for managerial and leadership roles in finance and business organizations

Upon successful completion of this course, learners will be able to:
• Critically evaluate financial management theories and their application in real-world scenarios
• Analyze and interpret financial statements for decision-making purposes
• Apply advanced investment appraisal techniques and capital budgeting methods
• Assess different sources of finance and determine optimal capital structure
• Evaluate financial risks and implement appropriate risk management strategies
• Perform business valuation using appropriate financial models
• Develop strategic financial plans aligned with organizational goals

Module 1: Advanced Financial Analysis and Planning

• Financial statement analysis (ratio analysis, trend analysis, cash flow analysis)
• Interpretation of financial performance and position
• Financial forecasting techniques (pro forma statements, budgeting)
• Working capital management strategies
• Use of financial data for strategic decision-making

Module 2: Investment Appraisal and Capital Budgeting

• Time value of money concepts
• Investment appraisal techniques:
o Net Present Value (NPV)
o Internal Rate of Return (IRR)
o Payback Period and Discounted Payback
• Capital rationing and project selection
• Risk and uncertainty in investment decisions
• Real options in capital budgeting

Module 3: Financing Decisions and Capital Structure

• Sources of finance (equity, debt, hybrid instruments)
• Cost of capital (WACC, cost of equity, cost of debt)
• Capital structure theories (Modigliani & Miller, Trade-off theory, Pecking order theory)
• Leverage analysis (operating, financial, combined leverage)
• Dividend policy theories and practices

Module 4: Risk Management and Financial Derivatives

• Types of financial risks (market, credit, liquidity, operational)
• Risk measurement techniques (beta, standard deviation, VaR basics)
• Hedging strategies
• Introduction to financial derivatives:
o Forwards, futures, options, swaps
• Use of derivatives in risk management
• Corporate governance and ethical considerations in financial decisions

Module 5: Business Valuation and Strategic Financial Management

• Business valuation methods:
o Discounted Cash Flow (DCF)
o Comparable company analysis
o Asset-based valuation
• Mergers and acquisitions (M&A) fundamentals
• Financial restructuring and corporate strategy
• International financial management basics
• Strategic financial planning and control

Project