Course Description
The Finance is a broad term which is dealing with the study of managing money effectively and the process of obtaining the needed funds that are required by all entities such as individuals, organizations, and government. The establishment of any successful organization is based on doing the business for profit which is extremely concerned with managing the business finance and budget effectively. The strategic practice of financial instruments e.g. investments, loans, derivatives, interests, cash, deposits and stock etc is a key of a well developing business.
What Do Participants Learn?
After completion of the training course, participants will be able to:
- Demonstrate knowledge and understanding of principles, concepts and terms central to personal finance
- Analyse, explain and improve financial decision-making
- Interpret, communicate and use financial information in a way appropriate to your purpose and audience
- Use numerical skills for learning and working
- Articulate and engage with relevant professional and ethical issues in personal finance
Who Should Attend?
- Business owners, managers, entrepreneurs,
- People seeking to expand their career opportunities
- Existing employees looking to develop their CPD
- Office workers at all levels
- Team Leaders and supervisors
- Entrepreneurs planning to start their own business
What Will the Learning Experience Include?
Phase: 1
Introduce
- Comprehensive pre-program activities include:
- Web-based information forms & surveys completed by attendee.
- Direct consultation with the attendee about the expectations.
- During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
- Participants learn from expert trainers who have both academic and business experiences.
- Highly applicable training content & instructive activities for adding depth to training topics.
- **A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.
Phase: 2
Explore & Practice
Phase: 3
Apply
- Apply & sustain the learning experience by using this ongoing support:
- To ensure participant has new skills or behavior progress.
- Optional, fee-based mentoring & coaching with the trainer.
- Training materials & additional documents (e-books, pdf files, presentations and articles)
- Evaluate your training experience by giving us feedbacks and help us to reach our organizational goals.
- Participant's Evaluation
- Trainer's Evaluation
Phase: 4
EVALUATE
Section One: Financial Planning and Budgeting
- Financial planning over the life course
- Prioritizing plans
- Human behavior and financial decisions
- Applying a financial decision-making model
- Income and inflation
- Income and taxation
- Government benefits
- Factors influencing household expenditure
- Creating and managing a household budget
- Understanding when to buy insurance products
- The range of insurance products
Section Two: Managing the Household Balance Sheet
- Different ways of borrowing
- The cost of borrowing
- The lending institutions
- Managing debts
- Savings products and their returns
- Investment products and their returns
- Buying and selling property
- Mortgage products
- The household balance sheet and how to manage it
- Pension planning
- Pension products
Section Three: Investment Theory and Practice
- Investment planning and decision-making
- Savings and investment products
- Investment risks
- Investment theories – diversification, portfolio theory, capital-asset pricing model
- Investment theories – efficient market hypothesis, random walk theory, Chartism
- Investment in practice – methods employed by fund managers
- Historical analysis of investment returns
- Historical investment episodes and what we learn from them
- Individual human behavioral biases and investment decision-making
- Group human behavioral biases and investment decision-making