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via Udemy |
Go to Course: https://www.udemy.com/course/acca-f9-financial-management-detailed-live-classes-recorded/
Certainly! Here’s a comprehensive review and recommendation of the Coursera course based on the provided details: --- **Course Review: Financial Management Fundamentals on Coursera** This Coursera course offers a comprehensive introduction to financial management, targeting individuals aspiring to or working in finance roles, as well as business managers seeking to deepen their understanding of key financial decisions. Designed to develop the skills expected of a finance manager, the course covers essential topics such as investment, financing, and dividend policy decisions within a business context. **Course Content & Structure** The course begins by establishing the role and purpose of the financial management function, emphasizing how it fits within the broader business environment. A notable strength is its contextual approach—examining the economic environment before delving into specific financial decisions—preparing students for real-world application. The syllabus then systematically explores core areas: - **Working Capital Management:** Techniques for managing short-term assets and liabilities to ensure liquidity and operational efficiency. - **Investment Appraisal:** Methods for assessing long-term investment opportunities and making informed decisions. - **Sources of Business Finance:** Analyzing various financing options, including internal sources and raising capital externally, with a focus on the cost of capital. - **Business and Asset Valuation:** Principles and techniques for valuing investments and entire businesses, critical for strategic decision-making. - **Risk Management:** Tools and techniques to identify, assess, and mitigate financial risks. The course also emphasizes employability and technological skills, ensuring learners can apply modern tools and practices effectively. **Strengths** - **Practical Orientation:** The course bridges theory and practice, enabling learners to apply concepts such as capital budgeting, working capital management, and risk mitigation in real scenarios. - **Comprehensive Content:** Covering the entire spectrum of financial management with clear articulation of each area. - **Foundation for Advanced Study:** Its structure prepares students to pursue more specialized topics like advanced financial management. - **Focus on Skills Development:** Not only understanding concepts but also applying techniques such as investment appraisal and valuation. **Who Should Enroll?** This course is highly suitable for aspiring finance managers, business students, accountants, and entrepreneurs. It is also beneficial for professionals seeking to reinforce their financial decision-making skills or preparing for roles that require a solid understanding of financial management principles. **Recommendation** I highly recommend this course for anyone looking to build a strong foundational understanding of financial management. Its structured approach, practical content, and relevance to current business environments make it an excellent choice for students and professionals alike. Completing this course will undoubtedly enhance your ability to analyze financial decisions critically, contribute meaningfully to strategic discussions, and prepare you for further specialization in finance. --- Feel free to ask if you'd like a tailored summary or specific insights about particular modules!
The aim of the course is to develop the knowledge and skills expected of a finance manager, in relation to investment, financing, and dividend policy decisions. The syllabus for Financial Management is designed to equip candidates with the skills that would be expected from a finance manager responsible for the finance function of a business. It prepares candidates for more advanced and specialist study in Advanced Financial Management. The syllabus, therefore, starts by introducing the role and purpose of the financial management function within a business. Before looking at the three key financial management decisions of investing, financing, and dividend policy, the syllabus explores the economic environment in which such decisions are made. The next section of the syllabus is the introduction of investing decisions. This is done in two stages - investment in (and the management of) working capital and the appraisal of long-term investments. The next area introduced is financing decisions. This section of the syllabus starts by examining the various sources of business finance, including dividend policy and how much finance can be raised from within the business. It also looks at the cost of capital and other factors that influence the choice of the type of capital a business will raise. The principles underlying the valuation of business and financial assets, including the impact of cost of capital on the value of business, is covered next. The syllabus then covers an introduction to, and examination of, risk and the main techniques employed in managing such riskMain capabilitiesA - Discuss the role and purpose of the financial management function.B - Assess and discuss the impact of the economic environment on financial management.C - Discuss and apply working capital management techniques.D - Carry out effective investment appraisal.E - Identify and evaluate alternative sources of business finance.F - Discuss and apply principles of business and asset valuations.G - Explain and apply risk management techniques in business.H - Apply employability and technology skills.Core areas of the syllabusFinancial management function (A).Financial management environment (B).Working capital management (C).Investment appraisal (D).Business finance (E).Business valuations (F).Risk management (G).Employability and technology skills (H).