The Financial Planning and Control course is designed to equip learners with a comprehensive understanding of financial management principles, practices, and techniques essential for effective decision-making and organizational success. Through a blend of theoretical concepts and practical applications, students will explore the intricacies of financial planning, analysis, and control within various business contexts.
COURSE OBJECTIVES
This course aims to provide students with the knowledge and skills necessary to:
- Comprehend the fundamental principles of financial management and their significance in achieving organizational goals.
- Analyze financial statements and reports to assess the financial health and performance of an organization.
- Develop proficiency in financial forecasting, budgeting, and strategic planning processes.
- Evaluate investment opportunities and make informed capital budgeting decisions.
- Understand the role of financial controls in mitigating risks and ensuring accountability within an organization.
COURSE OUTLINE
- The Financial Planning and Control course comprises the following key areas:
- Financial Management Principles
- Financial Statement Analysis
- Financial Planning and Forecasting
- Budgeting and Strategic Planning
- Capital Budgeting
- Financial Controls and Risk Management
STUDENT ACQUISITIONS
Upon successful completion of the course, students will be able to:
- Demonstrate a deep understanding of financial management concepts and their practical applications.
- Analyze financial data effectively to support decision-making processes.
- Develop comprehensive financial plans and forecasts to guide organizational strategies.
- Make sound investment decisions based on rigorous financial analysis.
- Implement effective financial controls to safeguard assets and manage risks.
LEARNING METHODOLOGIES
The course employs various learning methodologies to enhance students' understanding and skills, including:
- Engaging with theoretical concepts to build a solid foundation of financial management principles.
- Analyzing case studies and real-world scenarios to apply theoretical knowledge in practical contexts.
- Participating in discussions and debates to explore different perspectives on financial issues.
- Conducting financial analysis exercises to strengthen analytical skills.
- Collaborating on group projects to develop strategic financial plans and budgets.
- Receiving feedback and guidance from instructors to improve financial decision-making abilities.
