Chartered Fintech Professional (CFtP) Level 1A Training Module 3: Financial Management
About This Course
Module 3 is a comprehensive course designed to equip participants and professionals with the essential knowledge and skills to effectively manage financial resources in a business organisation. This module delves into the fundamental principles of finance that provides the basics to understanding the relevant decisions, the data analysis required to support such decisions. Through a combination of theoretical concepts and practical exercises, participants will gain rudimentary understanding of financial decision-making including capital allocation strategies relevant to the evolving environment disrupted by technology. There are 4 sections in this module, namely Finance Foundations, Investing Decision, Working Capital and Corporate Risk Management. At the end of this module, participants will become familiar with the foundations and rudiments of financial management. The course will discuss how financial managers make their investment decisions, and how they manage working capital as well as the risk of the corporation.
What You'll Learn
• Define the time value of money (TVM) and understand its use in Finance
• Understand and interpret various components of an interest rate
• Determine the present value and future value of cash flows, including annuities and perpetuities
• Apply concepts learned in time value of money to value bonds and stocks
• Understand and calculate the value of a stock using the two-stage valuation method
• Define and calculate the cost of debt using the yield to maturity approach and the debt-rating approach
• Describe the use of multifactor models and interpret the output of analyses based on multifactor models
• Understand the capital budgeting process and its methods and describe the basic principles of capital budgeting for cash flow estimation
• Explain the Net Present Value (NPV) profile and compare the NPV and Internal Rate of Return (IRR) methods when evaluating independent and mutually exclusive projects
• Describe the problems associated with Internal Rate of Return (IRR)
• Define and estimate relevant cash flows for capital investments
• Define the primary and secondary sources of liquidity
• Define corporate risk management, understand various hedging strategies and the decisions to hedge
Entry Requirements
No prerequisites, but participants are strongly encouraged to go through the assigned pre-reading materials and videos, especially if one does not have any prior learning or working knowledge in the subject matter of this Module.
If the participant intends to register for the Chartered Fintech Professional examination following the completion of this training course, do note that an undergraduate degree from a recognised university or equivalent professional qualification is a compulsory enrolment requirement.