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Udemy

Investment Appraisal Mastery - NPV, IRR, Payback, PI, ARR

via Udemy

Overview

Become a PRO at Investment Appraisal / Capital Budgeting including the Net Present Value & Beyond | Finance Fundamentals

What you'll learn:
  • Learn the best investment appraisal techniques, what they are, how to compute them, and when to use which.
  • Easily appraise (evaluate) investment opportunities using the NPV, IRR, Payback, ARR, and Profitability Index tools
  • Use the best tool for each setting, given a solid understanding of the core strengths and limitations of each tool.
  • Make computations using calculators as well as Excel (or other spreadsheets). No need to take another Excel course!

Gain command over the core skills you need to invest in anything – and do it well thanks to rock solid Finance Fundamentals. Change the way you look at money and investments by mastering one of the most versatile concepts in Finance. Identify the right investment opportunity and avoid making bad investment decisions by becoming an Investment Appraisal / Capital Budgeting PRO.

With no prior knowledge required, and a curriculum designed for distinction, this is the only course you'll need to truly master the most vital investment appraisal / capital budgeting tools and ensure you have a solid foundation in core finance fundamentals including:

  • Net Present Value (NPV)

  • Internal Rate ofReturn (IRR)

  • Payback Period

  • Discounted Payback Period

  • Accounting Rate of Return (ARR)

  • Profitability Index(PI)

DESIGNED FOR DISTINCTION

We've used the same tried and tested, proven to work teaching techniques that've helped our clients ace their exams and become chartered certified accountants, get hired by the most renowned investment banks in the world, and indeed, manage their own investment appraisal / capital budgeting process. Here's how we'll help you master one of the most powerful Finance Fundamentals / capital budgeting concepts and turn you into an Investment Appraisal PRO:

A Solid Foundation

You’ll gain a solid foundation of the core finance fundamentals that drive the entire investment appraisal / capital budgeting process.

Example Walkthroughs

Every major concept is taught with example question walkthroughs, so you can literally see how we evaluate investments from scratch.

Loads of Helpful Practice Activities

Apply what you learn immediately with 65 practice questions, all with impeccably detailed solutions.

Proofs &Resources

Mathematical proofs, engaging study materials, capital budgeting discount factor tables with built-in how-to guides – all included.


6 SECTIONS TO MASTERY

Use our structured learning path, or dive right in to a specific capital budgeting concept you’re struggling with.

Introduction & The Fundamentals

  • Get the basics and core finance and capital budgeting fundamentals right, first time – so you learn once and retain it forever.

  • Explore why certain investments look great, but aren’t so in reality.

  • Discover the power of the time value of money and discounting cashflows from scratch.

Net Present Value (NPV)

  • See why companies around the world rely on this capital budgeting technique when investing billions.

  • Understand the powerful logic and intuition behind one of the most versatile capital budgeting techniques.

  • Compute the NPV of projects from scratch, manually as well as on Excel®.

Internal Rate of Return (IRR)

  • Understand the powerful relationship between the IRR and cost of capital.

  • Learn how to estimate the IRR from scratch, including by interpolation.

  • Explore Excel’s RATE and IRR functions and know which one to use when.

Accounting Rate of Return (ARR)

  • See why simplicity isn’t always useful, and why it can be dangerous.

  • Explore the limitations of one of the most popular capital budgeting techniques.

  • Make better decisions by distinguishing between profit and cashflows.

Payback & Discounted Payback

  • Discover what makes this the easiest capital budgeting techniques out there.

  • Learn how to estimate when you’ll make back your initial investment.

  • Understand how the time value of money can change your payback period.

Profitability Index (PI)

  • How do you choose between 2 great opportunities when your funds are limited?

  • Explore why the Profitably Index is probably the most useful capital budgeting technique.

  • Forget about mechanical learning – understand the intuition behind the formula and the finance fundamentals that drive the logic behind it.


Make Better Investment Decisions by mastering Capital Budgeting, Starting Today.

Use our structured learning path to master capital budgeting. Designed for distinction.

Focus on what really matters.

Engage with carefully thought out, clutter-free, and engaging capital budgeting study materials that focus on the 20% finance fundamentals that drive 80% of the results.

Retain your knowledge forever by easily following through complex concepts with great visuals that don’t overdo it.

Explore why investment appraisal / capital budgeting techniques work the way they do, instead of memorising formulas without understanding them.

There really always is a reason for everything.

Feel your confidence rise.

Apply what you learn immediately in example capital budgeting question walkthroughs and progressively challenging quizzes with impeccably detailed solutions.

Engage with over 65 questions ranging from simple true and false ones to more complex problems that take you outside your comfort zone.

All capital budgeting questions are relevant for Ivy League / Russell Group University students as well as professionals studying for the ICAEW CFAB, ACA, ACCA, and CFA qualifications.

All questions designed in-house, by Professional Tutors with Russell Group Distinctions.

See how &why the equations work.

Learn why we divide some variables by something, and multiply other variables by something else. Get past the painful approach of memorising countless capital budgeting equations.

Not only will we rip apart each equation one variable at a time, we’ll also give you mathematical proofs that show the equation’s logic one step at a time.

Save yourself time and effort by understanding why the equation works the way it does. Then go out and create your own equations thanks to your new solid finance fundamentals.


Here's what you get. And this is exactly why this is the only course you'll ever need to take to master Investment Appraisal and build a solid foundation in Finance Fundamentals:

  • Over 2 hours of video content, with each capital budgeting concept broken down part by part, variable by variable, one equation at a time. Starting from the very basics, and building you to a point where you can handle more complex capital budgeting problems.

  • Student-centric, easy-to-read capital budgeting / investment appraisal learning materials - this will change the way you look at lecture notes. Seriously.

  • Quizzes and assignments that challenge you, progressively.

  • An easy to apply 'Discount Factor Table', with a built-in how to guide.

  • Mathematical proofs for the mathematically curious!

  • An instructor who's insanely passionate about Finance and Finance Fundamentals, and obsessed with helping students win.

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As you can tell, we're new to Udemy. But we've beenhelping students and professionals master Finance and Accounting across Europe for a while now. Here's what our 1:1 Tuition Clients say about us.

We're proud of our students, and inspired by these stories - we decided to share them (unedited) with you...

"I have had a great experience with Fervent tutor as I was taught more of the content and less memorizing. I think their timings and their work is professional as the tutor seeks the most efficient and productive way to help the student. I studied accounting with the tutor and it contributed greatly to my knowledge for the exam."

- Abdulaziz, BA(Hons), International Management


"Fervent goes above and beyond the call of duty. First, they help you get the basics right and then assist you until you get a firm grip of your module. Fervent provides an extremely professional and patient environment. Doesn’t matter how many questions you have or silly you think they are, they encourage all of it. I never would have passed my module rather score a merit in it if it wouldn’t have been for Fervent."

- Shambhavi, MSc, Accounting and Finance


Fervent provides an exceptional service, the whole process from start to finish was very hands on and supportive – during my final year I needed tuition for a governance paper, essentially I was hoping they would do all the work for me but in the long run I got so much more than I bargained for ….they changed my entire thought process and maintained a complete professional reserve. Working with me every step of the way, I was encouraged to think critically in achieving my objective and inspired to dig deep. As a result I produced a 2000 word essay (which I had them proof read as well) worthy of a distinction. Thank you for all the help and most importantly thank you for believing in me.

- Sean, MSc, Accounting and Finance


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- Duang MSc, Financial Analysis and Fund Management


Undoubtedly the gains that I have acquired from the studying with Fervent are plentiful and significantly make me different from what I used to be in terms of my expanded knowledge base, improved English skills (e.g. English-writing), as well as being more confident communicating with English speakers and with the improved ability to think differently and critically for dealing with various types of course works in my study in the university more readily.

My tutor is specialized not only in the teaching of Accounting and Finance but also very familiar with the relevant knowledge in the subjects such as Marketing and Management. This is why I trust this person at an initial point along with his kind, friendly and very patient characteristics (e.g. I’m always encouraged by my tutor during the session with him, often to hear: if you really want it and then you can do it and will make it with no doubts).

“Skilled worker ushers in the gate, leads a pious life depending on individual.” This is a Chinese old saying which I can still remember vividly because it was what my tutor had told me in my with him and made me believe an excellent learning outcome and a constructive learning process requires the hardworking from both of us. The record shows we did it. This is another reason I like Fervent as in the session with my tutor you see his hardworking as for the preparation for each session and in making the sessions distinctive from cliché-ridden teaching-and-listening classes by exploring the best way and the most suitable set of teaching methods to provide the student with the best value for money.

Jiajian BA(Hons), Business and Management


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Reviews

4.5 rating at Udemy based on 596 ratings

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