Overview

The subject is designed to provide participants with an understanding of how an organisation’s operational, financing, investment and dividend policy decisions are made. It shows how analytical techniques and models can help in making informed management decisions in the complex financial environment affecting all organisations.

Course Content

The topics to be covered in this subject include:

       Asset and Financing Structures and Strategies

       Financial Statement Analysis

       Financial Forecasting — assessing the impact of Growth on financial needs

       Diversification and the Risk/Return trade-off

       Capital Asset Pricing Model (CAPM)

       Sources, Types and Cost of Finance — Short, Medium and Long-term, Futures contracts, Options, Debentures, Leasing, Factoring and Equity Finance

       Risk Minimisation Strategies

       Management of Assets — current asset management and strategic investment in long-term assets

       Capital Structure and Dividend Policy Decisions — impacts on the organisation’s cost of capital