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US$600
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Duration: USD 30 per hr for 20 days (1 hr per day). The course fee will reduce to USD20 pr hr for 5 students
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Delivery mode: Flexible as per the student
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Group size: Individual
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Instruction language:
English
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Certificate provided:
No
An Overview of Business Finance
• Finance a quick look.
• Business finance and financial manager.
• Forms of business organization.
• Goals of business finance.
• Agency problem
Understanding financial statements and cash flows.
• The balance sheet.
• The income statement.
• Taxes.
• Cash flow.
Analyzing the financial statements
• Standardized financial statements.
• Ratio analysis.
• The Du-pont identity .
• Internal and sustainable growth.
• Using financial statement information.
Time Value of Money
• The role and perspectives of the TVM concept
• Future values
• Present values
• The relationship between future and present values
• Annuities
• Future and present values of cash flows under high compounding frequency
• Impact of higher compounding frequency
• Inflation and the Time Value of Money
Bond and Their Valuation
• Definition, types and features of bonds
• Valuation of bonds (the basic process)
• Basic relationships in bond valuation
• Bondholder‟s expected rate of return
• Risks associated with bond returns
Stocks and Their Valuation
• Shares and their basic features
• Benefits from a share investments
• Price of ordinary shares
• Behaviour of expected dividend growth and share price
• Price of shares based on earnings
• Expected rate of return
• Preferred shares and their characteristics
• Price of preferred shared and the expected rate of return
• Valuing the entire business
Risk and Return
• Expected returns and risk defined
• Calculating expected return
• Calculating risk (Variance and Standard deviation)
• Portfolio expected returns
• Portfolio variance and standard deviation
• Systematic and unsystematic risk
• Diversification and portfolio risk
Net present value and other investment Criteria
Net present value.
The payback rule.
The average accounting return.
The internal rate of return.
The profitability index.
The practice of capital budgeting.
The Cost of Capital
• The cost of capital concepts
• Individual and weighted average costs of capital
• Costs of capital and valuation
• Capital structure
• Capital structure decision (No taxes or other capital market imperfections)
• Taxation and capital structure decision
• Debt equity ratio, cost of capital and the value of the firm (The MM Propositions)
• Optimal capital structure
• Costs of financial distress and bankruptcy
• The static trade-off theory
• The pecking order theory
• Personal taxes
• Evidence on capital structure determinants
Introduction to Islamic Finance.
The concept of:
Mudarba
Musharqa
Murabah
Ijarah
Comparison with the conventional financial system