Decision-making can be challenging. Whether it’s a big or small investment decision, using a process management framework can give you comfort and certainty.
In this course, you will use a variety of methods to confidently make personal and professional investment decisions. You will first focus on your own strengths and challenges based on your profile as a problem solver. You will evaluate cognitive biases and apply remedies, then use this approach to strengthen your ability to collaborate effectively with other decision makers.
The course provides a practical approach to the critical accounting and finance issues that affect organizations in today’s business environment. The course first describes the “financial environment” to put it in context. Then the course looks at the application of the “tools” of financial and managerial accounting that are important for critical financial decisions, including key performance indicators, profitability analysis, basic working capital management, and the budgeting process. This is followed by a consideration of financial management and the decisions an organization faces in the areas of investment (what projects), financing (what type of financing), and dividends (to pay or to keep), and how an organization analyzes and acts on each of these decisions.
The aim of the course is to introduce participants to how investment decisions are made and what investment risk is and what role it plays in investment decision making. Decision making itself is a subjective act, but one that is based on both subjective and objective factors. Risk is an important component of any investment, so it must be analysed both as an objective component of investment and as a subjective factor in investment decision-making.
By completing this course you will gain the ability to:
For whom the course is suitable
Investment decisions drive the profitability of an organisation. Determining the right mix of investments is a key aspect of successful management. In a world of limited resources, managers must choose from an almost unlimited set of investment opportunities. This course focuses on tools and techniques that can help managers make successful investment decisions. Such decisions can range from large corporate acquisitions to simple projects and is therefore suitable for anyone who wants to advance their knowledge in this area.
What you will learn in the course
The aim of this course is to introduce candidates to the key features of financial accounting, management accounting and financial management and how these three aspects are linked within the background of the stakeholders, the economy and the financial markets in which they operate.
By the end of this module you will be able to identify the key stakeholders in an organisation and its financial objectives and critically analyse the control mechanisms of a company's financial activities, including the role played by boards of directors and the audit process.
The goal is to provide candidates with critical knowledge of the capital budgeting process so they can make informed, reasoned and sustainable capital investment decisions.
By the end of this module you will be able to demonstrate a critical understanding of the process of evaluating long-term investments; identify, calculate and apply relevant cash flows and cost of capital within an investment; critically understand the impacts of taxation, inflation and working capital on investment planning and on the cash flows used in evaluating capital investments; and identify and apply appropriate measures of risk and uncertainty in evaluating investments.
We start with the efficient market hypothesis, which is a useful framework for modelling financial markets. Like any model, the efficient market hypothesis is not a perfect description of reality: some prices are almost certainly "wrong". Therefore, there are reasons to believe that active management can have efficient outcomes. Topics in active investing include securities analysis, active portfolio management, hedge funds, and risk management issues.
We make thousands of decisions every day. Should I cross the road now or wait for an oncoming truck to pass? Should I have fries for lunch or a salad? How much should I tip the taxi driver? We usually make these decisions almost without thinking, using what psychologists call "heuristics" - rules that allow us to navigate through life. Without these mental shortcuts, we would be paralyzed by the multitude of daily decisions. In some circumstances, however, these shortcuts lead to predictable mistakes - predictable, that is, if we know what to look out for. Behavioral finance addresses these and dozens of other financial decision-making mistakes that we can avoid if we know the biases that cause them. As part of the study, we will explore these predictable mistakes and see where we are most susceptible to them. The goal is to guide participants to make better financial decisions. Learn how to improve your spending, saving and investment decisions for the future.
Learn about the main financial markets and their characteristics and how they are linked to the economy. Our experts will first teach you how the price of stocks and bonds are calculated and why they move, while you become increasingly aware of the concept of risk and why it is important in measuring investment performance. We will then focus on less popular markets such as gold, emerging markets, real estate, hedge funds and private markets. These will be analyzed with an emphasis on their specific risks and return opportunities, as well as how they can help in constructing efficient portfolios. Finally, central bank policy and its impact on financial markets will be introduced, along with the link between the economy and the price of financial assets.
Everyone has made an investment decision. Some may have turned out well, while others may have left you feeling disappointed, frustrated or other negative emotions. Chances are that the difficult decisions are not over for you; your personal and professional life is likely to continue to be full of difficult decisions, and with that comes your investment decisions. This course will help you gain more confidence in yourself as a problem solver as you develop your decision-making skills.
Executive course tuition fee
If you are ready to take your career and personal life up a notch and want to get an education with an innovative and practical approach, don’t hesitate to apply!
Course tuition: € 760
Payment can be made in one lump sum or spread over up to 3 interest-free instalments. A first instalment of € 400 is always required before the start of the course.
Tuition fees include all study materials and access to all seminars or online lectures organised by the European Institute of Finance & Management.
About the certificate
Upon successful completion of the course, you will receive a certificate of completion from the European Institute of Finance & Management, which will be valuable evidence that you have developed better skills, knowledge and abilities in investment decision-making and will be able to contribute to the successful development of both your organisation and, where appropriate, your personal life.
Throughout the course you will be continually assessed in relation to completing a number of practical assignments. These assignments are always completed online and successful completion is a prerequisite for completing the entire course. You must therefore complete all the assignments given to you as part of your studies in order to be issued with a certificate of successful completion. These assignments vary from course to course and are based on the difficulty of the course and the requirements of the course sponsors or lecturers.
The certificate will be issued in your legal name and will be sent to you on successful completion of the programme as per the requirements set out at the address you have provided on your course application form. The certificate has unlimited validity and can be used throughout your career.