• Understanding Financial Statements:
o Income statement, balance sheet, and cash flow statement
o Key financial ratios and their interpretation
• Financial Statement Analysis Techniques:
o Horizontal and vertical analysis
o Ratio analysis (liquidity, solvency, profitability, efficiency)
o Benchmarking and industry comparisons
• Time Value of Money Concepts:
o Present value and future value
o Annuities and perpetuities
• Capital Budgeting Techniques:
o Net present value (NPV)
o Internal rate of return (IRR)
o Payback period
o Profitability index
• Risk Management:
o Identifying and assessing financial risks
o Risk mitigation strategies
o Hedging techniques
• Financial Modeling:
o Building financial models
o Sensitivity analysis and scenario analysis
o Forecasting financial performance
• Merger and Acquisition Strategies:
o Strategic rationale for M&A
o Valuation methods (comparable company analysis, precedent transaction analysis)
o Due diligence process
• Post-Merger Integration:
o Challenges and best practices
o Cultural integration and organizational change
• Corporate Governance Principles:
o Board of directors' role
o Executive compensation
o Shareholder rights
• Ethical Issues in Finance:
o Accounting scandals and corporate fraud
o Ethical decision-making in finance
o Corporate social responsibility