Course 2026 Jan FM – Yoong Mun Yen

Course Content

Lessons Status
1

FM 26Mar 4th Intro Class L1.1-1.3 Intro FM syllabus and capabilities;Demo of CBE FM exam question;How to use lecture videos, BPP workbook and Practise Kit;

2

FM 26Mar Supplementary notes

3

FM 26Mar FC1.1-1.9 Chap 1 Fin mgmt function;Purpose of fin mgmt;Acty 1 Fin obj;Key fin objs;Framework for maximising SH wealth;Encouraging SH wealth maximisation;Needs of other stakeholders;Debt Ratios;Not-for-profit organisations;

4

FM 26Mar FC2.1-2.5 Chap 2 Fin Mgmt Environment;Macroeconomic policies;Competition policy;Fin market and institutions;Capital markets;

5

FM 26Mar FC3.1-3.11 Chap 3 WC investment;planning;cash op cycle;The COC-use & meaning;Managing Inventory;Illustration 2;Buffer inventory;Managing receivables;Framework for managing receivables;Act 9 Debt factor;Managing payables;

6

FM 26Mar FC4.1-4.6 Chap 4 Cash mgmt & WC fin;Methods of easing cash shortages;Mathematical models;Miller-Orr model;Working capital finance;Treasury management;

7

FM 26Mar FC5.1-5.7 Chap 5 Invest decision;Acty 1 Relevant costing;Return on cap employed;Time value of money & discounting;Net present value (NPV);Internal rate of return (IRR);Advantages of NPV over IRR;

8

FM 26Mar FC6.1-6.5 Chap 6 Allowing for tax, WC & inflation;Acty 1 Tax cash flows;Working capital;Inflation;Acty 4 Supplementary with Tax,WC & inflation;

9

FM 26Mar FC7.1-7.4 Chap 7 Project appraisal & risk;Risk & joint probabilities;Uncertainty analysis;Acty 3- Sensitivity analysis;

10

FM 26Mar FC8.1-8.4 Chap 8 Specific investments decisions;Equivalent annual benefit;Capital rationing;Capital rationing techniques;

11

FM 26Mar FC9.1-9.6 Chap 9 Sources of finance;Long-term debt finance;Loan notes;Equity finance;Acty 3 Fantasia;Islamic finance;

12

FM 26Mar FC10.1 Chap 10 Dividend policy;

13

FM 26Mar FC11.1-11.6 Chap 11 The cost of capital;Assumptions of div growth model;The cost of equity(2)-using CAPM;Beta factors;Cost of debt;WACC;

14

FM 26Mar FC12.1-12.6 Chap 12 Capital structure;Acty 2 -Gearing & EPS;Practical capital structure considerations;Modigliani & Miller (without tax);Project specific (marginal) cost of equity;Finance for SMEs;

15

FM 26Mar FC13.1-13.5 Chap 13 Business valuations;Income (or earnings) bases;DCF method;Valuation of other securities;

16

FM 26Mar FC14.1-14.5 Chap 14 Foreign currency risk;Managing transaction risk-Forward contracts;Money market hedge;MM hedging compared to forward contracts;derivatives;Currency swaps;

17

FM 26Mar FC15.1-15.3 Chap 15 Interest rate risk;Interest rate derivatives;Yield curve;

18

FM 26Mar Template only, No recorded videos