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Financial Management
for Non-Finance Professionals (GMM103)
Whether you are an HR, IT or marketing professional, being financially
literate will help you make decisions that sharpen your company’s
business edge. In today’s global market, the rules of the game are
constantly changing. Managers and executives need to grasp the latest
investment and financial knowledge, as well as obtain hands-on
experience with the most current tools to achieve the extra edge. This
workshop delves into various aspects of financial management by
examining topics such as financing the business, cost of capital, risks
and returns and investment appraisals. You will be introduced to
powerful insights and frameworks that you can apply immediately to
achieve your business objectives.
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, dividend policy - influence the value of shares and the firm
will be discussed.
Outline
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, and Risk and return relationship.
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.
Cost of
Capital
Cost
of fund: debt versus equity; combined cost of capital; benefit and
risk of borrowing.
Time
Value of Money Concept
Time
value of money concept; future value and present value concepts.
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.
Methodology
Theory and concepts of fundamental finance and investment will be
discussed. Thereafter, methods of valuation of shares, bonds, and
company will be introduced. Participants will be given various case
studies to support the concepts. Published accounts of public-listed
companies, recent corporate development, both local and overseas, will
be used to provide “real-life” examples.
Note: Participants are required to bring calculators.
Who Should Attend
For managers and executives from non-financial background.
Date
31 March 2008
25 June
2008
Duration
1 day (9am-5pm)
Venue
SHRI,
The Verge, Level 6
Fees
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SHRI Member |
S$416.00 |
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SHRI Corporate
Friend* |
S$460.00 |
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Non-Member |
S$626.00 |
All fees quoted exclude 7% GST. *Non-nominees
For further information, please contact Ms Canny Jeo via phone (65) 6438
0012, fax (65) 6299 4864, or email
canny@shri.org.sg
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