Programme Content
This programme gives you all the basic principles of financial management.
Track I: Understanding Annual Reports
Learn key concepts
Experience the FAST© simulation
Discover balance sheets and profit-and-loss accounts
Understand cash flow
Explore practice-based case studies
Discover liquidity, profitability and solvency
Learn the real meaning of value-add
Do you only wish to take this track? Check ‘ Understanding Annual Reports ’ for more info.
Track II: Mastering Costs and Budgets
Discover key concepts such as variable and fixed costs, direct and indirect costs, differential and opportunity costs
Explore various techniques for cost calculations
Learn about contributions
Know how to calculate actual, standard and variable costs
Learn to distinguish relevant from irrelevant costs and yields
Discover Activity Based Costing (ABC)
Understand how ABC helps to proactively control cost
Understand the strategic use of budgets
Explore strategic variance analysis
Learn how budgets are created
Do you only wish to take this track? Check ‘ Mastering Costs and Budgets ’ for more info.
Track III: Grasping Financial Management
Understand the concept and perform calculations of NPV, IRR, DCF etc...
Develop and implement a financial plan
Learn to manage working capital
Explore front-to-end analysis of the investment process
Carry out in-depth examinations of various selection methods: Net Present Value (NPV), Internal Rate of Return (IRR), etc
Learn about feasibility and financing of investments and their related risks
Assess the profitability of investment projects
Do you only wish to take this track? Check ‘ Grasping Financial Management ’ for more info.
