Module One
Reviews macro-economic principals, basics of corporate valuations and finance against market operations
Part 1 – Macro Fundamentals
a) Impact of economics on financial markets
b) Understanding impact of economic state
Part 2 – Corporate Finance
a) Time value of money/present value
b) Net Present Value (NPV) and other methodologies
c) Risk/return analysis
d) The capital asset pricing model
e) Measuring betas
f) Efficient markets theory and random walk model
Module Two
Introduction To Financial Markets And Operations
Examines the difference between debt and equity markets
Part 1 – Equity Markets
a) ?What is equity
b) Types of equity
c) Cost of equity revisited
d) Operation of equity markets
Part 2 - Debt Markets
a) What is debt
b) Debt forms
c) Cost of debt revisited
d) Operation of debt markets
Module Three
Financial Analysis And Valuations
After examining key market operations, we look to the specifics of financial statements and corporate valuations
Part 1 – Financial Statements
a) Key elements of financial statements
b) Interpretation of financial statements
c) Financial ratios
d) Relationships between balance sheet, profit and loss account and cash flow statements
:Group Exercise
Common-value balance sheet exercise
Part 2 – Valuation And Analysis
a) Valuation methodologies
b) Effects of environmental factors
c) Understanding accounting assumptions and their effects
d) Detection of financial report engineering
e) Predicting financial distress
f) Working capital management and analysis
Module Four
Mergers And Acquisitions (M&As) And Regulatory Framework – Market Cause And Effect
Mergers and acquisitions are primary vehicle for increasing market value/reach and long-term shareholder value
Mergers And Acquisitions
a) The Deal Fundamentals
b) Historical background
c) Overview of the contemporary M&A marketplace
d) Why engage in M&A
e) Results of M&A for acquirers
f) Deal synergy
g) Calculating M&A value
Regulatory Frameworks
a) Regulatory framework
b) Role and responsibilities of securities regulators and exchange operators
c) Sponsor rules for IPOs, as an example of the regulatory roles
d) Corporate governance and its effect on companies (including the ACGA study)
e) Conduct rules and ethics
Module Five
Research, Reporting And Marketing Techniques For Analysts
Examines research and reporting techniques that are essential for success as a professional in the analyst field. In addition, the program looks at specialist finance marketing techniques
Part 1 – Research And Reporting Techniques
a) Resources available to the market analyst
b) Structuring data, scenarios and hypotheses
c) Reporting techniques
d) Writing an analyst report
f) Presenting analyst data in a public forum
:Group Exercise
Preparation of a formal press release or teleconference for investors
Part 2: Marketing And Sales For Finance
a) Managing professional staff
b) Organizational issues and strategies
c) Marketing and brand issues
d) Special issues for marketing hedge funds
e) Business development strategies
f) Understanding individual client needs
g) Investment advisor’s duty of care
:Final Examination
Multiple-Choice format