How should the firm spend its money (i.e. investment decisions)?
How best should a firm obtain funds to make its investment decisions (i.e. financing decisions)?
This programme will focus on the first of those basic decisions: How should the firm make investment decisions? It will provide a framework to analyze all types of corporate investment decisions - both in short- (working capital) and long-term (capital budgeting).
It will adopt a hands-on approach to modeling and understanding the value impact of projects, using a mixture of cases and lectures.
Though aimed primarily at commercial shareholder-value oriented commercial enterprises, the modeling skills will be of use in any environment that involves valuing the impact of a project.
It will benefit practitioners who want to build their existing skills in the use of financial models and does assume a basic understanding of finance and accounting principles. It follows on very well from our introductory programme Finance & Accounting for Non-Financial Managers.
Watch our interview with Academic Programme Director Professor Raghavendra Rau on why finance is less about profits and more about value:
Overview of company valuation techniques
Overview of cost of capital calculations
The statement of cash flows
Financial ratio analysis
Projecting seasonal funds needs: how seasonal patterns of activity affect a company's financial plan
Project analysis in a complex setting
Evaluate performance using financial analysis
Understand and model the value drivers for corporate investment
Participants earn a certificate on completing the programme. This programme counts as one course for those completing the Cambridge Executive Education General or Financial Management Certificates of Achievement.
Who should attend
Those with minimum three years of professional experience
Early to mid-career professionals aspiring to a career switch to a finance role and wishing to understand more about finance
Recent entrants to financial roles in the banking, alternative finance, wider finance, accounting or consultancy sectors
Recent new role-holders of financial positions in industry or the public sector
Those interested in considering further study in the finance sector
Faculty & speakers
Sir Evelyn de Rothschild Professor of Finance MBA (IIM Bangalore), MSc, PhD (INSEAD)