Financial Strategy & Decisions
Level 7 · ₾1990 · exam in 3–12 months
Summary of Major Topics & Study
Finance decisions and the sources of long-term finance
The cost of capital and discount rates
The secondary capital market and it efficiency
The role and mechanisms of the Stock Exchange
The costs of capital and finance, estimating costs, and the discount rate
The theory of weighted average cost of capital and the CAPM model
Financial gearing and the cost of capital
The concept and management of shareholders’ wealth
Dividends in theory and practice, dividend decisions
Management of working capital, short-term finance and liquidity
Corporate and business restructuring
Mergers, takeovers and divestments
Present value tables and annuity tables
International business finance, exchange rates
Foreign investments and portfolio theory
Finance for smaller businesses, issues, taxes, objectives and decisions
(A more detailed outline of contents is available on request)
Study & Career Development
This is essential study and training for men and women aiming to become respected, valued high-level managers, executives and/or financial controllers, and/or who need to gain an in-depth knowledge of this important area of finance and business. It opens up access to an important range of high-level career opportunities.
(Business and financial accounting knowledge and awards should already be held before undertaking this Program, which will give the best opportunities for future career and managerial success.)
This graduate-level Program is confirmation of your ability to successfully undertake further studies at graduate and postgraduate levels, in finance and in wider business and management studies.
There is a wide range of options for further study - see the "Related Courses" section for suggestions – which include the ‘wider’ syllabus ABA & Baccalaureate Programmes and the 'Double Award' EBA & BBA Bachelor degree Programme, and the 'Double Award' AMMBA & MBA degree Programme. You are welcome to ask the College for advice, and of course you can see details of these Programmes on this website.
The fee includes:
- College membership, plus your study materials & certificate of affiliation — International CIC Study & Training Materials
- detailed distance-learning instructions for the best results — the Study & Training Guide
- per-module Self-Assessment Tests with answers, plus a Progress Chart
- arrangement of your final exam
- a Level 7 Diploma — on passing the exam
- postal service