This comprehensive training program is designed for the executives, managers and business professionals with finance & non-finance background and experience to learn to use the language and tools of finance.
This Program also provides an excellent opportunity to the students of finance & fresh graduates to develop & sharpen their financial skills to face the various challenges faced in day-to-day corporate world or financial sector. Its purpose is to equip participants with the tools and techniques necessary to be a successful financial manager or a general manager with a good understanding of the basic principles of finance.
Consequently, the training program is designed with the following specific objectives:
- To teach the fundamental skills and methods of Financial Management that are vital for most of the positions that participants will seek and obtain, regardless of area of concentration or industry.
- To deepen participants’ understanding of the finance theory underlying financial management.
- To provide participants a base level of sophistication regarding contemporary issues in financial management. This will enable them to better understand the role of finance in modern business arena.
As a consequence, upon completion of this exclusive training program you will be able to return to your organization with the confidence to better analyze financial information and participate fully in making business decisions.
Contents of Training:
Session - 1
Overview of Corporate Finance
Course introduction & General Expectation, Definition & goals of corporate finance, the agency problem, corporate forms of business organizations, principles of corporate finance.
Understanding Financial Statements and Cash Flows
Review of financial statements and annual reports – balance sheet, income statement, cash flow and owners’ equity statements, accounting income vs. cash flow.
Session - 2
Evaluating a Firm’s Financial Performance
Five major types of ratio analysis, du-pont and extended du-pont equation, cross sectional and trend analysis
Main Focus: Use real-world financial statements of various companies for understanding, interpreting and forecasting financial health of an organization.
Session - 3
Financial Planning and Forecasting
Preparing pro-forma income statement and balance sheet, estimating projected sales growth rate, sustainable growth rate.
Session - 4
Risk & Rate of Return
Concept of Beta, SML, Capital Asset Pricing Model (CAPM), risk-return definition, relationship and their types, portfolio return and risk.
Session - 5
The Time Value of Money
Definitions and concepts of discounting, compounding, present and future value, perpetuity, annuity, loan amortization.
Session - 6
Stock Market, Stocks and Their Valuation
Different types of stocks, stock market transactions and their valuation methods, constant growth, non-constant growth and corporate valuation model, & efficient market.
Session - 7
Cost of Capital
Definition, calculation of cost of different capital components, Weighted Average Cost of Capital (WACC), divisional cost of capital and their associated risks.
Session - 8
Capital Budgeting Decision Criteria
Project classifications, NPV, IRR, MIRR, PI, payback and Discounted payback period, NPV profile, decision criteria in each of the techniques.
Session - 9
Dividend payout ratio, three views of dividend policy, residual dividend theory, alternative dividend payment procedures, dividend reinvestment plans, stock dividend vs. stock split.
Session - 10:
Critical review of the entire training program