Learning Outcomes
Candidates are expected to have good knowledge, understanding and ability to apply in the following areas:
- Investment environment of the Malaysian capital market
- Economic fundamentals
- Inter-relationship between corporate finance, investment and strategic management
- Concept of shareholder value and its determinants
- Techniques of financial statement analysis and use of various ratios to gain insights into a company’s performance measure
- Methods of computing economic value added and market value added
- Concept of time value of money and opportunity cost of capital
- Capital budgeting techniques used in making project decisions
- Relationship between risks and returns and how they are measured
- Levels and implications of market efficiency on technical and fundamental analysis and portfolio management
- Basic portfolio theory
- Process of portfolio management and evaluation of its performance
- Common forms of financing and factors to consider in determining the optimal capital structure
- Financing decisions which covers debt financing, equity financing and dividend policy
- Definitions of value and role of valuation
- Valuation methodologies and their limitations
- Various forms of derivatives used to hedge financial risks arising from the financing and investment decisions of a company
- Interaction of financing and investment decisions in corporate restructuring, mergers and acquisitions
Candidates’ Prerequisites
It is estimated that this module will require a minimum of 120 hours of study time. Candidates are expected to have relatively strong capability in the application and analysis of information provided in this outline and its reference. The amount of study hours needed depends on the education background and work experience of the candidates. Candidates are also expected to update themselves with the latest changes relevant to this module as all questions will be continuously updated to reflect these changes.
Methodology
This course will be delivered using effective learning methods which include presentations, discussions and review examination questions.