To develop advanced financial management skills, enabling learners to analyze financial performance, make strategic financial decisions, manage investments, and support business growth through effective financial planning.

1. Analyse financial statements and business performance (Analyse)

2. Design budgets and financial plans (Create)

3. Evaluate investment and financing decisions (Evaluate)

4. Apply financial management tools and techniques (Apply)

5. Develop strategic financial solutions (Create)

Module 1: Financial Management Principles

• Advanced financial management concepts
• Objectives: shareholder wealth maximization
• Financial environment and markets
• Risk-return trade-off
• Time value of money (concept and applications)

Module 2: Financial Statement Analysis

• Detailed analysis of financial statements
• Ratio analysis:
o Liquidity
o Profitability
o Solvency
o Market ratios
• Trend analysis and benchmarking
• Cash flow analysis
• Interpretation for decision-making

Module 3: Cost & Management Accounting

• Cost classification and behavior
• Marginal costing
• Break-even analysis (calculation and interpretation)
• Contribution analysis
• Decision-making using cost data

Module 4: Budgeting & Financial Planning

• Advanced budgeting techniques:
o Flexible budgets
o Zero-based budgeting
• Financial forecasting
• Budgetary control systems
• Variance analysis and corrective actions

Module 5: Working Capital Management

• Cash management models
• Inventory management techniques (EOQ concept)
• Receivables management and credit policy
• Payables management strategies
• Liquidity vs profitability trade-off

Module 6: Investment Decision (Capital Budgeting)

• Capital budgeting techniques:
o Payback period
o Net Present Value (NPV) (concept)
o Internal Rate of Return (IRR) (basic understanding)
• Risk analysis in investment decisions
• Project evaluation

Module 7: Financing Decisions

• Sources of finance:
o Short-term vs long-term
• Cost of capital (concept)
• Capital structure decisions
• Leverage analysis (basic)

Module 8: Financial Markets & Risk Management

• Overview of financial markets:
o Money market
o Capital market
• Financial instruments (shares, bonds)
• Risk management:
o Types of financial risks
o Basic risk mitigation techniques
• Introduction to corporate governance

Final Project