Learning Outcomes

Introduction to Financial Management

Financial Decision Areas

Other Financial Decision Areas

Scope of Financial Management

Roles of Financial Managers

Lesson Summary

Learn about the fundamental concepts of financial management from this module. You will study the important financial decision areas and the scope of financial management, along with the dynamic roles of financial managers.

Introduction to Financial Planning

Financial Forecasting

Financing Requirement

Components of Financial Planning

Learn more about the components of financial plans and forecasting financial statements from this module. You will also study methods of determining the external financing requirements, along with estimating the relevant growth rates.

Introduction to Time Value of Money

Future Value of A Single Amount

PV of Single Amounts and FV of an Annuity

Annuity and Sinking Fund

Practical Applications of Annuity

PV of Annuity - Practical Applications

PV of Growing Annuity and Perpetuity

Learn more about the practical applications of the time value of money in financial management from this module. Get to study the present and future values of annuities and perpetuities, along with varying compounding periods.

Introduction to Capital Budgeting

Capital Budgeting Process

Evaluating Investment Proposals

Net Present Value Criteria

Profitability Index and IRR

Internal Rate of Return

Learn about the processes involved in capital budgeting and the types of investment projects from this module. You will also learn about evaluating investment projects using the discounted and non-discounted investment criteria.

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

Learn about the discounting and non-discounting techniques for appraising investment proposals from this module. You will get to study the modified internal rate of return, payback period, and accounting rate of return techniques.

First Assessment

You must score 80% or more to pass this assessment.

Introduction to Estimation of Project Cash Flows

Role of Managers and Cash Flow Stream

The Incremental Principle

Post-Tax and Consistency Principles

Constant Cash Flow Estimation

Learn about the guidelines of the basic principles of project cash flow estimation from this module. You will also study the role of financial managers in estimating cash flows and the elements of the cash flow stream.

Variable Cash Flow Estimation

Variable Cash Flow Estimation - Part 2

Cash Flows for Replacement Proposals

Inflation Adjustment

Cash Flow Problem

Replacement Cash Flow Problem

Learn about estimating project cash flows for capital budgeting decisions from this module. You will also study the relevant cash flows for replacement proposals and ways of adjusting cash flows for inflation.

Introduction to Risk Analysis

Sources and Perspectives of Risk

Techniques of Risk Analysis

Break-Even Analysis

Hiller's Model and Simulation Analysis

Decision Tree Analysis

Corporate Risk Analysis

Learn about the techniques of risk analysis for capital budgeting from this module. You will also study the use of diversification strategies in corporate risk analysis and the methods of project selection under risk.

Introduction to Cost of Capital

Sources of Debt Capital

Calculating the Cost of Capital

Approaches to Cost of Equity

WACC and Capital Structure

Divisional Cost of Capital and Flotation Costs

Misconceptions and Assumptions

Learn about the methods of estimating the weighted average cost of capital from this module. You will also learn about determining the optimal capital budget schedule, along with adjusting for floatation costs.

Approaches to Capital Structure

The Modigliani-Miller Theory

The Modigliani-Miller Theory - 2

Tax Effect on Capital Structure

Optimal Capital Structure and Dividend Policy

Learn about various approaches to determining the optimal capital structure of a firm from this module. You will also study the Modigliani-Miller theory and other theories such as the signaling theory and the pecking order of financing.

Second Assessment

Diploma in Financial Management for Managers - Final Assessment

Learn about the concepts of financial management that are essential for today's managers from this free online course.

Diploma in Financial Management for Managers

Diploma in Financial Management for Managers is a free online course that teaches you the basic concepts and principles of finance and financial management. Learn about the techniques and processes essential for deciding on investment proposals for capital budgeting, estimating project cash flows, and computing the cost of capital for projects. Register for this course today and develop your career as a finance professional.

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