Strategic Financial Management
About This Course
The Strategic Financial Management course provides learners with a comprehensive understanding of how financial information, analysis, and management techniques support effective strategic decision-making and organizational performance. The course integrates financial and management accounting concepts with practical approaches to cost management, budgeting, financial analysis, funding decisions, working capital management, and investment appraisal.
Learners will explore a wide range of financial tools and techniques, including costing systems, absorption costing, marginal costing, activity-based costing, financial ratio analysis, budgetary control, variance analysis, and investment appraisal methods such as Payback Period, ARR, NPV, and IRR. The course also examines the impact of risk, inflation, taxation, and the time value of money on financial and investment decisions.
Particular attention is given to strategic financial planning, resource allocation, financial performance evaluation, and the use of technology, spreadsheets, and management information systems to support financial control and decision-making. By the end of the course, learners will be equipped with the knowledge and analytical skills required to evaluate financial performance, assess investment and funding alternatives, manage financial resources effectively, and make informed strategic decisions in both domestic and global business environments.
Learning Objectives
Material Includes
- Syllabus
- Orientation Video
Requirements
- Review the provided learning materials and strategic financial management concepts, techniques, and models.
- Engage with the course content and relevant financial accounting, budgeting, costing, funding, and investment appraisal methods.
- Complete and submit the required coursework/assignment.
- The assignment should demonstrate achievement of all learning outcomes and meet the specified assessment criteria.
- Assessment type: Coursework
- Required word count: 4,000–6,000 words
- Successful completion of the assignment is required to achieve a pass for the unit.
Target Audience
- Finance and accounting professionals seeking to strengthen their strategic financial management skills.
- Financial managers and business managers involved in financial planning and decision-making.
- Entrepreneurs and business owners seeking to improve financial performance and investment decisions.
- Professionals responsible for budgeting, cost management, financial analysis, and resource allocation.
- Managers involved in funding decisions and working capital management.
- Business professionals responsible for evaluating investment opportunities and strategic projects.
- Current and aspiring senior managers seeking to understand the financial implications of strategic decisions.
- MBA learners and postgraduate students seeking advanced knowledge of strategic financial management.
Curriculum
1. Introduction to Financial and Management Accounting
Introduction to financial and managerial accounting
Purpose and role of financial management
Financial strategy formulation
Management accounting and organizational decision-making
Financial information and strategic management
2. Cost Accounting and Costing Systems
3. Costing Methods and Pricing Decisions
4. Financial Statements and Financial Performance
5. Budgeting and Budgetary Control
6. Sources of Financial Resources
7. Working Capital Management
8. Investment Appraisal
9. Risk, Inflation and Taxation in Investment Decisions
10. Strategic Financial Analysis and Technology
Your Instructors
Souvik
See moreMaterial Includes
- Syllabus
- Orientation Video
