Programme Objective

This course is ideal for students and working adults who are preparing themselves for the SCAQ Examinations Module – Financial Management (FMF).

Programme Outline

The Financial Management module develops skills and techniques to assist in short-term and long-term financial planning. The long-term financial plan consists of decisions relating to investments (including acquisitions and mergers), finance and dividend decisions. Long-term decision often seek to maximise shareholder wealth, although the module briefly examines other possible scenarios. The short-term focuses on working capital and liquidity management. An underpinning concept throughout is the identification and management of risk. Upon successful completion of this module, Candidates will have gained practical knowledge through the application of various financial management tools and techniques.
After taking this module, you will be able to:

• Describe the nature and purpose of financial management, and how the objectives relate to an entity’s corporate strategy, both financially and nonfinancially, in different types of organisations. For each type of business, outline the economic environment faced by the business and consider the role of financial markets and institutions.
• Discuss the importance of working capital management and describe the different management approaches relating to inventory, accounts receivable, accounts payable, and cash appropriate to the business entity, for working capital needs and funding strategies.
• Describe the different sources of short- and long-term finance that are appropriate and available to different business entities in different industries and size, including small-and mediumsized entities. Consider the implications of an existing or proposed finance structure on gearing, cost of capital (debt and equity), and the capital structure.
• Describe Identify the purpose of investment appraisal and apply the nondiscounted and discounted cash flow techniques, adjusting for the effects of risk and uncertainty.  Effects of inflation and taxation are also considered under the discounted cash flow techniques, as appropriate. Consider the impact of the cost of capital in investment appraisal. Describe and apply the different business valuation models available to value an organisation with debt and/or equity. Outline the efficient market hypothesis and state how this affects the valuation of shares.
• Identify the different types of risk that may be contained within a defined business environment and apply appropriate monitoring and mitigation strategies.
• Be prepared to take the SCAQ Exam – Financial Management (FMF)

Training Methodology

Hybrid Learning with Learning Videos and a choice of in-person or live broadcast workshops

Timetable:
 

Lesson	Mode	Date	Day	Time
eLearning Video 1	Online Completion to be done before Lesson – Est 4 hours
Live Lesson 1	Live Broadcast	8 October	Tuesday	6.45pm – 9.45pm
eLearning Video 2	Online Completion to be done before Lesson – Est  4 hours
Live Lesson 2	Live Broadcast	15 October	Tuesday	6.45pm – 9.45pm
eLearning Video 3	Online Completion to be done before Lesson – Est 6 hours
Live Lesson 3	Live Broadcast	22 October	Tuesday	6.45pm – 9.45pm
eLearning Video 4	Online Completion to be done before Lesson – Est 3 hours
Live Lesson 4	Live Broadcast	29 October	Tuesday	6.45pm – 9.45pm
eLearning Video 5	Online Completion to be done before Lesson – Est 4 hours
Live Lesson 5	Live Broadcast	5 November	Tuesday	6.45pm – 9.45pm
Mock Exam	Online Completion to be done by 10 November (Sunday)
Mock Exam Debrief	Live Broadcast	26 November	Tuesday	6.45pm – 8.45pm

 

 

Closing Date for Registration

1 October 2024 or until full enrolment.

Intended For

SCAQ Candidates taking Foundation Module – Financial Management (FMF) December 2024 Examination

Competency Mapping

Others = 38.00 Hours

Programme Facilitator(s)