Course Information
- 9 Jan 2026 (Fri)
(HKMA Member : HK$1,050
Non-member : HK$1,150
)
Course Overview
This course is to provide students with a theoretical knowledge of corporate finance and an ability to utilize this knowledge in the managerial aspect of planning the provision, generation and conservation of financial resources. Students with the knowledge can see better how the various topics interrelate with one another and how decisions in each area of fi nance aff ect the price of the firm’s shares. This course explains the techniques of evaluating investment projects, and students are also taught to determine the cost of different forms of finance, and to manage a company’s working capital and its long-term financial investments. It also provides students with an understanding of financial ratios, dividend policy, costs of capital, share valuation, and bankruptcy prediction.
OBJECTIVES
Through this course, participants will have:
- acquired a comprehensive knowledge of corporatefi nance
- be familiar with key concepts and essential elements for Financial Management.
DESIGNED FOR
This course aims at:
- offering a compact, well-designed and specialized training programme to students with interests in fi ance and other related subjects
- providing students with the opportunity to acquire a conceptual knowledge of corporate finance and to develop essential analytical skills.
- preparing students to apply fi nancial theory to practical real-world financial management problems, and to analyse current fi nancial issues.
What You’ll Learn
CONTENTS
I. Corporate Appraisal, Strategy, Planning and Control
- Marginal Costing in Management Decisions
- Corporate Planning
- Divisionalisation of the Company
- Transfer Pricing in Divisionalised Companies
II. Controlling Business Operations by Budgeting and Budgetary Control
- Budgetary Control
- Budgetary Administration
- Flexible Budgeting
III. Key Techniques of Investment Appraisal
- Present Value
- Internal Rate of Return
- Net Present Value
- Discounting Formulas
IV. Capital Structure and Dividend Policy
- Cost of Capital
- Dividend Policy
- Capital Structure and Gearing
V. Analysing Financial Performance
- Cash Flow and Working Capital
- Ratio Analysis
VI. How To Value Shares and Companies
- Valuation of Shares
- Valuation of Companies
VII. Business Failure and Corporate Reorganization
- Frequent Causes of Failure
- Symptoms of Bankruptcy
- Reorganization Techniques