26 May - 6 Jun 2025
London (UK)
Hotel : Landmark Office Space - Oxford Street
Cost : 8400 € Euro
Finance and Capital along with Management and Staff are the lifeblood of any business.
This program focuses on the advanced skills necessary for making sound financial decisions in an increasingly competitive, volatile and global market. Skills and decisions which will enable your company to remain competitive, minimize costs, maximize revenues and also reduce/control risk.
The program therefore focuses on the key areas and skills required:
Financial Planning and Control:– devising and controlling financial plans fit for the future
Corporate Finance and Financial Engineering:– how to finance the business
The Cost of Capital and Capital Investment Appraisal:– calculating and controlling the cost of capital using WACC and CAPM and maximizing the Return on Capital and minimizing risk by evaluating potential projects using the latest techniques
Financial Analysis:- evaluate financial data in order to:
Assess past performance
Identify business Strengths, Weaknesses, Opportunities and Threats
Improve Decision Making
Implement and Evaluate Performance Measures
Aid the Strategic Planning Process
Business Valuation – Mergers & Acquisition Decisions
Cost of Capital & Capital Investment Appraisal
Risk Analysis For Capital Budgeting
As a result of attending this Programme, participants will:
Develop the Essential Advanced Skills of Financial Forecasting Budgeting and Control using Excel© and the latest software to develop various forecasting models including Time Series Models, Exponential Smoothing, Regression and Correlation Analysis
Analyze complex capital investment and financing decisions and provide recommendations for action using appropriate discount rates based on WACC and CAPM by applying Payback, ARR, NPV, Discounted Payback, IRR and MIRR using Excel® including where capital is rationed/limited
Identify the key success factors/critical factors in their industry/division to evaluate current and future market/competitive trends in order to identify future Opportunities and Threats
Conduct advanced financial analysis using Excel® and the very latest techniques/methods that result in developing financial strategies and plans
Conduct company valuations with a focus on merger and acquisition decisions
The course is highly interactive involving the analysis and evaluation of practical case studies and the discussion/debate of current issues, policies and procedures. It will be conducted along workshop principles to ensure the development of transferable skills as well as knowledge, fully supported with notes in hard copy and on CD.
As a result, attending delegates will:
Develop their professional skills
Increase their knowledge of the latest policies and procedures
Make more informed and hence better decisions
Increase their importance to their organization
Be better placed to liaise effectively with other departments and colleagues regarding current practices and issues affecting the banking sector
By sending delegates on this course, the organization will:
Successfully build an integrated financial team
Gain new finance skills in line with the latest international practices which will help to make more informed and hence better management decisions
Increase knowledge of the latest policies and procedures which can be shared amongst other departments of the company
Facilitate the continuous and radical redesign of business processes to international standards
Ensure the finance culture permeates throughout the entire organization
Enhanced knowledge of Finance:- financial planning, sources and uses of finance and the analysis of performance
Financial Management:– the ability to manage liquidity and international finance
Capital Investment Appraisal: - the ability to make sound investment decisions
The latest techniques for evaluating financial and operational performance
The ability to evaluate merger and acquisition possibilities
Day 1
Fundamentals Of Financial Management
Introduction To Financial Management
Financial Decision Areas
Other Financial Decision Areas
Scope Of Financial Management
Roles Of Financial Managers
Financial Forecasting
Financial Forecasting
Financing Requirement
Components Of Financial Planning and forecasting
Time Value Of Money
Introduction To the Time Theue 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
Day 2
Financial Planning
Financial Management & Financial Planning – the Scope, Role & Responsibilities of Financial Management
Preparing a Financial Plan – The Master Budget
Forecasting Future Cash-flows
Time Series Analysis
Correlation & Regression
Financial Modelling
Sensitivity/What-If Analysis
What-If Analysis combined with Du-Pont Analysis
Day 3
Corporate Finance & Financial Engineering
Raising Finance using traditional sources of Equity & Debt
Evaluating the impact of Equity & Debt finance
Money Market Instruments & Bonds
The Concept of Financial Engineering
Raising finance, trading, and hedging using financial engineered instruments
The Dividend Decision: - whether to pay dividends or not
Day 4
The Cost of Capital & Capital Investment Appraisal
The Cost of Capital
Weighted Average Cost of Capital (WACC)
Capital Asset Pricing Model (CAPM)
The Capital Investment Process
Capital Investment Appraisal
Payback
Accounting Rate of Return (ARR)
Net Present Value (NPV)
Internal Rate of Return (IRR)
Capital Rationing
Asset Replacement Decisions
Controlling the Cost of Capital and the use of Derivatives
Day 5
Capital Budgeting and Techniques
Introduction To Capital Budgeting
Capital Budgeting Process
Evaluating Investment Proposals
Net Present Value Criteria
Profitability Index And IRR
Internal Rate Of Return
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
Day 6
Financial Analysis
The Role & Responsibilities of Financial Analysis and Management
Identifying key success factors in your industry sector
Financial review compared to targets and expectations and Variance Analysis
Financial performance measurement systems
Ratio Analysis to evaluate Profitability, Liquidity, Operations and Leverage
Du-Pont Analysis and Financial Modelling
Altman and Z scores: - quantitative models to assess risk
SWOT, PEST & Porter: - incorporating non-financial analysis
The Analysis and Evaluation of Case Studies using Excel® in order to:
Assess past performance
Identify Strengths, Weaknesses, Opportunities, and Threats
Improve Decision Making relating to future:
Divisional/Individual Performance
Capital Expenditure
Investment Opportunities
Implement and Evaluate Performance Measures
Aid the Strategic Planning Process
Day 7
Valuation, Merger & Acquisitions
Business Valuation
Definitions of Value
Value to the Investor
Value to Shareholders
Evolution of Value-Based Methodologies
Creating Value in Restructuring and Combinations
Business Valuation for Merger & Acquisition
Business Restructuring and Reorganisations
Management Buy-Outs and Management Buy-Ins
Day 8
Project Cash Flow Estimation
Variable Cash Flow Estimation
Variable Cash Flow Estimation - Part 2
Cash Flows For Replacement Proposals
Inflation Adjustment
Cash Flow Problem
Replacement Cash Flow Problem
Day 9
Risk Analysis For Capital Budgeting
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
Day 10
Cost Of Capital and Capital Structure
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
Approaches To Capital Structure
The Modigliani-Miller Theory
Tax Effect On Capital Structure
Optimal Capital Structure And Dividend Policy