Advanced Diploma in Financial Management for Managers
Learn about the concepts of financial management that are essential for today's managers from this free online course.
Description
Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization. In this free online course from Alison, you will learn about the basic essentials that every finance manager needs to be equipped with. The Advanced Diploma in Financial Management for Managers course begins with an analysis of the major financial decision areas and the scope of financial management in practice.
Next, you will study the components of financial planning and the methods of forecasting the financial statements of an organization. The course then proceeds to an in-depth discussion on the concepts of time value of money and capital budgeting techniques. You will also learn about the principles and procedure involved in estimating project cash flows for capital budgeting decisions. The course also examines the techniques of risk analysis for the purpose of capital budgeting as well as the computation of the cost of capital (WACC). Finally, you will study the approaches and theories on capital structure, the impact of taxes on capital structure, and the determinants of a company's dividend policy.
This course reviews the roles of finance managers in depth along with a comprehensive guide to essential concepts in the world of finance and financial management. So, if you're interested in Finance as a career, or if you are a Finance professional looking to enhance your skills, or simply an individual with an interest in gaining knowledge of financial concepts, then check out this course today and start taking your career to the next level.
Start Course NowModules
Fundamentals of Financial Management
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Fundamentals of Financial Management - Learning Outcomes
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Introduction to Financial Management
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Financial Decision Areas
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Other Financial Decision Areas
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Scope of Financial Management
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Roles of Financial Managers
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Fundamentals of Financial Management - Lesson Summary
Financial Planning and Forecasting
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Financial Planning and Forecasting - Learning Outcomes
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Introduction to Financial Planning
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Financial Forecasting
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Financing Requirement
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Components of Financial Planning
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Financial Planning and Forecasting - Lesson Summary
Time Value of Money
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Time Value of Money - Learning Outcomes
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Introduction to Time Value of Money
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Future Value of A Single Amount
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PV of Single Amounts and FV of an Annuity
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Annuity and Sinking Fund
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Practical Applications of Annuity
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PV of Annuity - Practical Applications
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PV of Growing Annuity and Perpetuity
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Time Value of Money - Lesson Summary
Capital Budgeting
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Capital Budgeting - Learning Outcomes
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Introduction to Capital Budgeting
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Capital Budgeting Process
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Evaluating Investment Proposals
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Net Present Value Criteria
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Profitability Index and IRR
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Internal Rate of Return
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Capital Budgeting - Lesson Summary
Capital Budgeting Techniques
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Capital Budgeting Techniques - Learning Outcomes
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Modified Internal Rate of Return
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MIRR and Payback Period
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Accounting Rate of Return
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Capital Budgeting in Practice
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Capital Budgeting Problems - NPV and IRR
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Capital Budgeting Problems - Mutually Exclusive Projects
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Capital Budgeting Techniques - Lesson Summary
Diploma in Financial Management for Managers - First Assessment
Principles of Cash Flow Estimation
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Principles of Cash Flow Estimation - Learning Outcomes
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Introduction to Estimation of Project Cash Flows
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Role of Managers and Cash Flow Stream
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The Incremental Principle
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Post-Tax and Consistency Principles
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Constant Cash Flow Estimation
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Principles of Cash Flow Estimation - Lesson Summary
Project Cash Flow Estimation
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Project Cash Flow Estimation - Learning Outcomes
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Variable Cash Flow Estimation
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Variable Cash Flow Estimation - Part 2
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Cash Flows for Replacement Proposals
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Inflation Adjustment
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Cash Flow Problem
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Replacement Cash Flow Problem
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Project Cash Flow Estimation - Lesson Summary
Risk Analysis for Capital Budgeting
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Risk Analysis for Capital Budgeting - Learning Outcomes
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Introduction to Risk Analysis
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Sources and Perspectives of Risk
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Techniques of Risk Analysis
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Break-Even Analysis
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Hiller's Model and Simulation Analysis
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Decision Tree Analysis
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Corporate Risk Analysis
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Risk Analysis for Capital Budgeting - Lesson Summary
Cost of Capital
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Cost of Capital - Learning Outcomes
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Introduction to Cost of Capital
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Sources of Debt Capital
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Calculating the Cost of Capital
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Approaches to Cost of Equity
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WACC and Capital Structure
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Divisional Cost of Capital and Flotation Costs
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Misconceptions and Assumptions
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Cost of Capital - Lesson Summary
Capital Structure
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Capital Structure - Learning Outcomes
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Approaches to Capital Structure
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The Modigliani-Miller Theory
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The Modigliani-Miller Theory - 2
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Tax Effect on Capital Structure
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Optimal Capital Structure and Dividend Policy
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Capital Structure - Lesson Summary
Diploma in Financial Management for Managers - Second Assessment
Course assessment
Learning Outcomes
Upon successful completion of this course, you should be able to:
- Discuss the financial decision areas in financial management
- Estimate the growth and external financing requirement
- Discuss the concepts of compounding and discounting
- Identify the elements of the capital budgeting process
- Solve various capital budgeting problems
- Outline the elements of the cash flow stream
- Evaluate the methods of risk analysis in practice
- Discuss the best practices in estimating the cost of capital
- Identify the various approaches to capital structure
- Analyze the determinants of a firm's dividend policy
Certification
All Alison courses are free to enrol, study and complete. To successfully complete this Diploma course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Diploma course, you have the option to acquire an official Diploma, which is a great way to share your achievement with the world. Your Alison Diploma is:
Ideal for sharing with potential employers - include it in your CV, professional social media profiles and job applications
An indication of your commitment to continuously learn, upskill and achieve high results
An incentive for you to continue empowering yourself through lifelong learning
Alison offers 3 types of Diplomas for completed Diploma courses:
Digital Diploma - a downloadable Diploma in PDF format, immediately available to you when you complete your purchase
Diploma - a physical version of your officially branded and security-marked Diploma, posted to you with FREE shipping
Framed Diploma - a physical version of your officially branded and security-marked Diploma in a stylish frame, posted to you with FREE shipping
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