Financial Management, Basic Skills & Concepts
Course End Date:
• The knowledge of financial principles is advantageous to managers in virtually every discipline in business.
• This course is designed as an introduction to finance and is the primary prerequisite to (Corporate Financial Theory)
which covers more in-depth math topics.
• The content of this course integrates both conceptual and mathematical information.
• Cases, comprehensive problems, and current events are analyzed and discussed throughout the course to provide
students with hands on experience in the use and application of financial tools.
• The basic concepts of the time value of money, valuation and rates of return, cost of capital and capital budgeting are covered.
• Students will learn how capital markets function, about different types of securities and financing instruments that exist,
and how to manage cash flow.
• Risk, working capital management, leverage, forecasting, and the analysis of financial statements and ratios are given
• This course should provide students with basic financial math skills and an excellent introduction to financial
Who Should Attend:
• This program is designed for those individuals from all industries who are exposed to the area of planning, budgeting,
contracting, design, procurement and / or construction of projects.
• Also for project and maintenance managers, project engineers, accountants, auditors, cost engineers, estimators,
schedulers, architects, engineering managers.
• Contract administrators, procurement personnel construction and maintenance supervisors, designers and other
personnel responsible for and working closely with financial and project controls.
• Goals & current issues of the financial manager
• Financial Ethics & Corporate Social Responsibility
• Cash Flow Statements: Creating, analyzing, utilizing
• Financial Statement analysis: financial ratios, DuPont system, measuring company performance
• Financial planning: developing pro form as (forecasts)
• Operating and Financial Leverage: Analyzing tradeoffs & determining optimal balance
• Working Capital Management: Financing working capital & optimal plan, term structure of interest rates,
• Float, inventory mgmt & EOQ, collection policy & discounts, sources of ST financing
• Time Value of Money: Future Value, Present Value, Annuities
• Security Valuation & Rates of Return
• Cost of Capital/WACC
• Project Analysis: Capital Budgeting, Methods of Selecting Capital Projects, Capital Rationing, Impact of
• Risk on Capital Budgeting
• Capital Markets: exchanges, market efficiency, investment banking, underwriting
• Bonds: markets, yields, prices, interest rates
• Stock Markets: types of securities, rights of common stockholders, rights offerings
• Use of financial calculator for various financial calculations