Financial Management (FM)
Develop the financial expertise required to navigate global markets, manage capital investment decisions, and optimize corporate value.
What is the FM Module?
The Financial Management (FM) module provides the essential knowledge required for a financial manager in the modern business world. It focuses on the three key areas of financial decision-making: investment, financing, and dividend policy.
You will learn to navigate the macro-economic environment, perform rigorous investment appraisals using discounted cash flow models, and manage the delicate balance of corporate working capital. This module ensures you have the quantitative skills to drive long-term organizational success.
Core Competencies
- •Environment: Analyzing macro-economic financial impacts.
- •Appraisal: Using DCF/NPV to guide capital investments.
- •Valuation: Strategies for equity, debt, and firm value.
What You Will Study
1. The Financial Environment
Examines the macroeconomic context of corporate finance
Analysis of global financial markets and capital systems
Understanding the role of investment institutions
Evaluating the impact of economic policy on business strategy
2. Investment Appraisal
Utilizes rigorous discounted cash flow (DCF) models
Applying NPV and IRR to evaluate major capital investments
Managing working capital and optimizing liquidity
Assessing financial risk in long-term projects
3. Business & Security Valuation
Valuing equity and debt securities in changing markets
Business valuation methods and corporate restructuring
Understanding sources of finance and capital structures
Calculating cost of capital and financial risk management