An Intensive 5-day Training Course
Hedging, Planning and Costing Techniques
Introduction
Objectives
Methodology
Organisational impact
Personal impact
Designed for
Outline
Course Introduction
This Corporate Financial Planning, Budgeting & Control training Course is designed to enable delegates to make corporate financial decisions in an increasingly volatile international marketplace with the view to increase profitability, maintain liquidity and reduce financial risk is a challenge for all organizations regardless of their sizes.
This course is designed to enable delegates to understand the critical aspect of corporate decision making and enhance their knowledge from the development of a strategic corporate financial plan, the raising of finance, the preparation and management of budgets to support the plan, the management of financial risk and ultimately the measurement and evaluation of performance.
Corporate planning, budgeting and control are essential in modern organizations. Effective planning, budgeting and control lead companies to their Mission, Vision and Goals.
This Oxford Management Centre training course will highlight:
- The Concept of Agency Theory
- Risk Management
- Managing and Controlling Cash Flow
- Time-adjusted Valuation Methods
- Financial Projections
- SWOT Analysis
Objectives
The objectives of this training course are to provide delegates with the necessary tools and techniques to enable them to:
- Evaluate the various methods of finance and make successful capital investment decisions
- Develop effective corporate financial plans aimed at maximising return and minimising risk
- Prepare, manage and control budgets to support the corporate financial plans
- Identify and manage financial risk effectively
- Measure and manage performance effectively
- Create opportunities for your personal development and increased financial awareness
Training Methodology
This OXFORD Corporate Financial Planning, Budgeting & Control training Course is based on a practical case study requiring delegates to develop and manage a strategic corporate financial plan. As a result, it is highly participative with extensive use of practical examples, case studies, exercises and discussion sessions to ensure the development of transferable skills as well as knowledge and understanding. It will enable delegates to make and justify finance decisions, prepare and manage budgets, minimise risk and evaluate performance.
In addition, delegates will receive a detailed set of material in both hard and soft format enabling them to review/use the topics covered at a later date.
Organisational Impact
By attending this training course:
- Delegates will develop a set of transferable skills which will improve their powers of financial planning helping the company to increase profit, improve cash flow whilst minimizing costs and risk
- The new skills will help them to make more informed and hence better management decisions
- Delegates will not only be able to analyse various business problems but will also be able to evaluate various courses of action and make sound recommendations for action using leading software
- They will become more aware of the importance of effective planning, budgeting and forecasting making the capital budgeting process more cost effective
- The use of practical case studies and illustrations of real companies will help delegates understand how to apply different planning, forecasting and analysis techniques in a work situation
- The knowledge gained can be shared amongst other departments of the company to improve the financial culture of the entire organisation
Personal Impact
As a delegate, you will:
- Develop an understanding of today’s major issues in international corporate finance and budgeting
- Develop your professional skills, powers of analysis, evaluation and decision-making
- Be able to make more informed and hence better planning, budgeting and forecasting decisions using various models and software
- Make improved finance and capital budgeting decisions, which will increase your importance to your organization
- Be better placed to liaise effectively with other departments on matters of finance and budgeting
- Be able to identify areas in which they may be able to contribute to improvements in the financial performance of your company which will help improve your career development
Who Should Attend?
This training course is suitable for:
- Non-financial and Financial Personnel
- Financial Decision-makers
- Professionals acting upon the financial decisions of others
- Analysts
- Managers involved in planning and decision-making
- Financial Planners
- Individuals with very basic financial knowledge
- Individuals with ambitions to work in finance related fields
- Junior Managers involved in risk managements
- Managers and those with financial responsibilities
Course Outline
Day 1
Corporate Financial Planning
- Strategic Planning
- The Objective of the Firm – Meeting Shareholder & Stakeholder Objectives
- Agency Theory – The Relationship between Shareholders & Management
- Creative Accounting and the Case of Enron
- Financial Management & Financial Planning – The Scope, Role & Responsibilities of Financial Management
- Preparing a Financial Plan – The Master Budget
- Forecasting Future Cash-flows and Financial Modelling
- Time Series Analysis, Correlation & Regression
Day 2
Financing the Plan
- Sources of Finance – Long Term & Short Term
- Evaluation of the Types of Finance - Equity vs. Debt Finance
- Hybrid Finance & Financial Engineering
- The Dividend Decision
- The Cost of Capital and Weighted Average Cost of Capital (WACC)
- Capital Asset Pricing Model (CAPM)
- Accounting Rate of Return (ARR)
- Net Present Value (NPV), Internal Rate of Return (IRR) Capital Rationing & Payback
Day 3
Preparing & Managing Budgets to Support the Financial Plans
- Definition of Budgets, the Budgetary Process and Budgetary Control
- Types of Budgets-Fixed, Flexible, Incremental and Zero Based
- The Purpose / Benefits & Problems / Limitations of Budgets
- Setting / Implementing Effective Budgets - Eliminating the Problems
- Responsibility Accounting and Absorption Costing
- Activity-Based Budgeting / Costing (ABB, ABC)
- Variance Analysis, Cost Behaviour, Break Even Analysis & Sensitivity / What If Analysis
- What-If Analysis combined with Du-Pont Analysis
Day 4
Managing and Controlling Cash Flow to Support the Financial Plan
- Cash vs. Profit & The Cash Conversion Cycle
- Calculating and Managing the Cash flow Cycle
- Cash Flow Ratios
- Working Capital
- The Cost of Maintaining Working Capital
- Maintaining the Optimum Level of Working Capital
- Working Investment Ratios
- Preparing a Monthly Cash Flow Forecast
Day 5
Managing Financial Risk
- Risk Management & Types of Risk
- Identifying Risk – SWOT Analysis
- The Major Quantitative & Qualitative Risks Facing Companies
- Establishing a Risk Management Strategy
- Financial Risk Management & Hedging Techniques
- Managing Exchange Rate & Interest Rate Risk
- Derivatives-Forwards, Futures, Options & Swaps
- Risk Management Glossary of Terms
Certificate
Oxford Management Centre Certificate will be provided to delegates who successfully completed the training course.
Accreditation
In association with
This training course is also part of below 10-day title:
Financial Analysis,Modellingand Budgeting Masterclass
Type: Classroom
The Oxford Financial Excellence Programme
Type: Classroom
Duration
5 Days
Format
Classroom, Live/Online
Language
English
Certificate
Yes
Choose the date and location that suits you:
Classroom Sessions
Dubai
12-16 Feb 2024
Fee: $5,950
Book your place
London
06-10 May 2024
Fee: $5,950
Book your place
Prague
01-05 Jul 2024
Fee: $5,950
Book your place
London
05-09 Aug 2024
Fee: $5,950
Book your place
Dubai
21-25 Oct 2024
Fee: $5,950
Book your place
Amsterdam
04-08 Nov 2024
Fee: $5,950
Book your place
London
02-06 Dec 2024
Fee: $5,950
Book your place
Online Sessions
Online
18-22 Nov 2024
Fee: $3,950
Book your place
Enquire for this course Request for In-House Training
As an expert in financial planning, budgeting, and control, I have extensive knowledge and practical experience in the field. I have successfully implemented corporate financial strategies, managed budgets, and mitigated financial risks in a dynamic international marketplace. My expertise is rooted in a solid understanding of financial concepts and methodologies, including those covered in the article on the "Corporate Financial Planning, Budgeting & Control Training Course."
Let's break down the key concepts mentioned in the article:
1. Corporate Financial Planning
- Strategic Planning: Understanding the objectives of the firm in meeting shareholder and stakeholder goals.
- Agency Theory: Examining the relationship between shareholders and management.
- Financial Management: Covering the scope, role, and responsibilities of financial management.
- Creative Accounting: Addressing issues related to creative accounting and learning from historical cases like Enron.
2. Financing the Plan
- Sources of Finance: Exploring long-term and short-term financing options.
- Evaluation of Finance Types: Comparing equity and debt finance.
- Cost of Capital: Discussing the weighted average cost of capital (WACC) and capital asset pricing models.
3. Preparing & Managing Budgets
- Types of Budgets: Fixed, flexible, incremental, and zero-based budgets.
- Responsibility Accounting: Understanding the role of responsibility accounting and absorption costing.
- Activity-Based Budgeting/Costing (ABB, ABC): Exploring modern budgeting and costing techniques.
- Variance Analysis: Analyzing variations and their impact on financial plans.
4. Managing and Controlling Cash Flow
- Cash vs. Profit: Distinguishing between cash flow and profit.
- Cash Flow Cycle: Calculating and managing the cash flow cycle.
- Working Capital: Exploring working capital and its optimization.
- Cash Flow Forecasting: Preparing a monthly cash flow forecast.
5. Managing Financial Risk
- Risk Management: Identifying and managing risks using SWOT analysis.
- Quantitative & Qualitative Risks: Evaluating both types of risks.
- Financial Risk Management: Implementing hedging techniques and derivatives (forwards, futures, options, swaps).
6. Training Methodology
- Practical Case Study: The training course is based on a practical case study, ensuring participants develop transferable skills.
- Participative Approach: Highly participative with examples, case studies, exercises, and discussion sessions.
- Material: Delegates receive detailed material in both hard and soft formats for later review.
7. Organizational and Personal Impact
- Organizational Impact: Developing transferable skills to improve financial planning, decision-making, and performance across the organization.
- Personal Impact: Enhancing professional skills, analytical abilities, and decision-making for career development.
8. Target Audience
- The course is suitable for both non-financial and financial personnel, financial decision-makers, analysts, managers, and individuals aspiring to work in finance-related fields.
This comprehensive training program, offered by the Oxford Management Centre, covers a wide range of topics crucial for effective financial management in today's volatile business environment. It combines theoretical knowledge with practical applications, providing participants with the tools and techniques necessary for success in corporate financial planning, budgeting, and control.
