Financial Management for Managers - Capital Budgeting
Learn about essential capital budgeting techniques for evaluating investment proposals from this free online course.
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CertificationView course modules
Financial managers participate actively in maintaining the financial status and financial health of an organization. In this free online course from Alison, you will be taught the requisite concepts of capital budgeting for proper financial management that every finance manager needs to be equipped with. The Financial Management for Managers - Capital Budgeting course begins with an analysis of the elements of the capital budgeting process and the investment criteria for evaluating capital investment proposals.
Next, you will study the standard classification of projects to guide financial decisions and resource allocation. You will also discuss the methods of the discounted and non-discounted criteria for evaluating proposals. Then, you will have an in-depth analysis of the methods of the discounted criteria from the Net Present Value, Profitability Index, and the Internal Rate of Return criteria. You will also study the process of the modified internal rate of return (MIRR). Finally, you will learn about the methods of the non-discounted criteria from the Accounting Rate of Return and the Payback Period, along with calculating various capital budgeting problems.
This course will enable you to explore the world of finance from the aspect of capital budgeting which is essential for successful 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 and knowledge to the next level.Start Course Now
Capital Budgeting - Learning Outcomes
Introduction to Capital Budgeting
Capital Budgeting Process
Evaluating Investment Proposals
Net Present Value Criteria
Profitability Index and IRR
Internal Rate of Return
Capital Budgeting - Lesson Summary
Capital Budgeting Techniques
Capital Budgeting Techniques - Learning Outcomes
Modified Internal Rate of Return
MIRR and Payback Period
Accounting Rate of Return
Capital Budgeting in Practice
Capital Budgeting Problems - NPV and IRR
Capital Budgeting Problems - Mutually Exclusive Projects
Capital Budgeting Techniques - Lesson Summary
Upon successful completion of this course, you should be able to:
- Identify the elements of the capital budgeting process
- Distinguish various types of investment projects
- Analyze the elements of the investment criteria in evaluating investment proposals
- Outline the methods of the non-discounted and discounted criteria
- Compute the modified internal rate of return for investment appraisals
- Explain the basis of the non-discounting techniques for investment appraisal
- Analyze important observations about the investment criteria in practice
- Solve various capital budgeting problems
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