Course details
In today’s globalised market, the rules of the game are constantly changing, gaining accounting and financial knowledge is no longer an option for today’s managers and executives. They need to explore the latest ideas and concepts of investment and finance, and obtain hands-on experience with the most current tools to help their organizations gain an advantage.
This programme delves beneath the surface into various aspects of financial management by examining topics such as financing the business, risk and return, investment appraisals, and valuation. You will walk away with powerful insights and frameworks that you can apply immediately toachieve your business objectives.
PROGRAMME OBJECTIVES
Finance and investment decisions are inter-related: business needs funds to invest in projects which, in turn, will generate wealth to the firm. In business venture, how to relate the risk and required return by the investor is a challenging task. Finally, how such factors - project evaluation, pidend policy - influence the value of shares and the firm will be discussed.
PROGRAMME OUTLINE
1. INTRODUCTION TO FINANCIAL MANAGEMENT
- Goals of financial management
- Corporate strategy and financial strategy
- Role of finance function
- Objectives of business enterprise
- Wealth or profit maximisation
- Management ethics
- Shareholder objectives and agency problem
- Risk and return relationship.
2. FINANCING THE BUSINESS
- Sources of finance
- Long term versus short term financing
- Debt versus equity financing
- Gearing and the long term financing decision
- Internal sources of finance
- Venture capital and long term financing
3. COST OF CAPITAL
- Cost of fund: Debt versus equity
- Combined cost of capital
- Benefit and risk of borrowing
4. TIME VALUE OF MONEY CONCEPT
- Time value of money concept
- Future value and present value concepts
5. INVESTMENT APPRAISALS
- Nature of investment decisions
- Methods of investment appraisal
- Accounting rate of return
- Payback period
- Net present value
- Internal rate of return
- Profitability index
Course Location
About SMF Centre for Corporate Learning
The Singapore Manufacturing Federation (SMF), formerly known as the Singapore Manufacturers' Association, was first established in 1932. Its main aim is to champion the Singapore manufacturing sector. With a membership of over 2,800 corporate members ranging from MNCs to SMEs, SMa carries out a myriad of activities to enhance the competitive edge of our members.
See all SMF Centre for Corporate Learning courses- SGD 65Duration: 1 To 2 Months
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