100% Online Course
This course will introduce you to the problems faced by business in the acquisition and effective use of the firm’s financial resources and analytical concepts for evaluating financial decisions. Methods of achieving successful interaction with its external environment and making an appropriate contribution to the operation of the economy are also considered.
In this course we will examine the framework in which financial decisions are made, as well as the tools that used in the process. Finance is about using scarce resources to minimize expenses while maximizing returns. These principles apply not only to large corporations, but to firms of all sizes, and often applicable to the financial decisions of the individual. We begin by looking at the financial statement of the firm and explaining the planning required for the long-term growth of the firm. We address the concept to the time value of money where we’ll learn how to calculate present values and look at the valuation of the bonds and stock. In terms of capital budgeting, we explore the net present value rule, for project analysis and ranking. We will also see how firms decide to raise funds through looking at the cost of capital and the financial structure of the firm for both short-term planning and long-term policies. At the end of this course, you should have a good grasp on how prudent financial decisions.
Topics covered are:
- Introduction to Finance, Marketing & Corporate Tax Environment
- Financial Analysis and Planning
- The Time Value of Money
- Valuation of Stocks and Bonds
- Capital Budgeting Fundamentals
- Capital Budgeting – Practical Issues
- Long-Term Financing Sources and Cost of Capital
- Capital Structure
- Dividend Policy
- Working Capital Management