What you'll learn:
- Personal Financial Management
- The Fundamentals and Concepts of Finance and Investment to help you manage your Personal Finances in a better way.
- The aspects like Inflation, Savings, Investment, Liquidity, Risk and Time Value of Money to help you take informed and balanced investment decisions.
- Business concepts like Capital, Sources and Cost of Capital, Debt-Equity, Leverage, EBITDA and ROI to help you manage your business and personal investments.
- The concept and types of Risk and how to analyse risk
- The concept of Liquidity. Liquidity of personal assets and market liquidity and its implications
- A conceptual understanding of the Time Value of Money
- The pitfalls of Debt and how to prevent falling in a Debt Trap
- The concept of how money grows into wealth
- Understanding the difference between Simple and Compound interest and also between Stated Annual Rate and Effective Annual Rate
- Some considerations for real life investment and classification of personal investment
- Some examples of how money grows at different pace
- Understanding Investment in bonds and concept of Par Value, Coupon rate, Market price and Yield rate
- Understanding investment in Mutual Funds, ETFs and other investment avenues
- Understanding investment in stock market
- Practical example of investing in stock market
- Significance of Risk and Diversification in investment
- The financial concepts for entrepreneurs
- Understand what is Capital and the source of capital
- The significance of Debt and Equity
- The concept of Cost of Capital in a business
- The significance of Debt Equity Ratio or Leverage
- The significance of turnover in any business
- The concept of Profit, Earnings, EBIT and EBITDA and ROI
Are you tired of feeling financially adrift despite professional success? Do complex financial concepts leave you feeling lost and unsure? If so, it's time to take control of your financial future with this comprehensive finance course. Designed to bridge the gap between theory and practical application, this course offers a clear roadmap to financial literacy, guided by an experienced instructor with a knack for simplifying even the most daunting concepts.
Whether you're a non finance person, a finance professional, an ambitious entrepreneur, or simply someone eager to learn finance, investment and business, this course is your gateway to financial empowerment. Join us and unlock the keys to confident financial management!
Why choose this course?
It is quite common to see that people are efficient in their profession or business and earn adequately well but are not able to manage their finances in a prudent manner. This happens due to want of basic knowledge about finance, investment and the financial concepts related to business. Students who pursue a career in Capital Markets or higher education find it difficult to understand financial management due to inadequate clarity on the fundamentals and basic concepts of finance.
This subject is generally NOT dealt with adequately at High School level. At university level, this subject becomes the privilege of students pursuing finance or commerce courses but students of other fields like Engineering, Medical, Arts and Humanities etc remain deprived of it for life unless they are fortunate to find a qualified instructor and a suitably structured course where they can grasp the fundamentals. There is a clear void in dissemination of this fundamental knowledge.
What does it offer?.
In this course hosted by PRUDENCE Engineering and Financial Consultants, Col (Dr) Shabbar Shahid, an Army Veteran and a post graduate in Engineering and Finance with a Doctorate in management gives a comprehensive overview of the finance concepts, various financial instruments, products and services and also the concepts of business in a very simple manner with apt examples. The speaker believes that a clear understanding of the basics is the key to advanced learning and professional success. This course will also serve as a stepping stone for people intending to pursue a career or profession in finance, business, capital markets or anyone interested in financial Literacy.
The intent is to impart conceptual knowledge which becomes the foundation for practical applications. This course will equip the learners with knowledge to make informed decisions for personal or organisational financial management.
Layout and Content
This course is divided into three sections.
Section 1 explains the concepts like Inflation, Savings, Investment, Risk, Liquidity, Time Value of Money etc. The conceptual difference between keeping ones money in a locker at home vis a vis savings account vis a vis investment in a business has been well explained. The meaning of Risk and Risk assessment has been explained with apt examples.
Section 2 is devoted to the Financial Products and Services which explains the concept that earning money and converting the earnings into wealth are two different things. The concept of interest and returns through various investment avenues like Bonds, Mutual Funds, ETFs, Stock market etc have been explained in a simple manner with practical examples.
Section 3 explains business related concepts like Forms of Business, Debt and Equity, Sources of Capital, Cost of Capital, Significance of Turnover, Profit, Earnings, Return on Investment etc.
Who should go for this course?
This course is tailor-made for anyone who seeks to master the fundamentals of finance, investment and business and elevate their financial literacy to new heights. Ideal participants include:
1. Non Finance Executives: Those with minimal or no finance bacground will find this course most useful. Break through
the barriers of financial jargon and acquire the essential skills to navigate personal & professional finances with confidence.
2. Highschool and Undergraduate Students: A must for them to understand finance before they step out into the world.
Gain a solid foundation in finance to complement your academic pursuits and prepare for future career opportunities.
3. Finance Professionals: Enhance your existing knowledge and stay ahead in the rapidly evolving financial landscape.
4. Accountants: Deepen your understanding of financial concepts to better serve your clients or employers.
5. Young Entrepreneurs: Arm yourself with the knowledge needed to make informed financial decisions and drive the
success of your ventures.
6. Homemakers: Take control of your family's finances and make informed decisions to secure a better future.
7. Aspiring Professionals: Whether you're pursuing an MBA, CA, CS, CMA, CFA, ACCA, CPA, CIMA, or any other
professional qualification, this course will provide you with the foundational knowledge necessary for success.
8. Anyone Interested in Finance: If you have a passion for finance or simply want to improve your financial acumen, this
course is for you.
No matter your background or level of expertise, this course will empower you to make informed financial decisions, navigate investment opportunities, and achieve your financial goals with confidence. Don't miss this opportunity to unlock your full financial potential!"
End Result and Key Takeaways
Here are the key benefits or end results that participants can expect after completing this course:
Enhanced Financial Literacy: Gain a comprehensive understanding of fundamental financial concepts, empowering you to navigate personal and organizational finances with confidence.
Informed Decision-Making: Equip yourself with the knowledge and tools to make informed decisions about savings, investments, and financial planning, ensuring optimal outcomes for your financial goals.
Participation in Financial Discussions: Feel confident participating in discussions about finance, investment opportunities, and business decisions, contributing valuable insights based on your newfound expertise.
Ability to Provide Financial Advice: Develop the skills to provide sound financial advice to family, friends, or clients, helping them make informed choices and achieve financial stability.
Preparation for Advanced Studies and Careers: Lay a solid foundation for further studies or careers in finance, accounting, business, or related fields, setting yourself apart with your comprehensive understanding of financial principles.
Empowerment for Entrepreneurship: Arm yourself with the knowledge needed to navigate the financial aspects of entrepreneurship, from managing startup capital to assessing investment opportunities and maximizing profitability.
Improved Personal Financial Management: Take control of your personal finances with greater clarity and efficiency, making strategic decisions to optimize savings, investments, and expenditures for long-term financial security.
Practical Application of Concepts: Apply theoretical concepts to real-world scenarios, honing your ability to analyze financial situations, identify opportunities, and mitigate risks effectively.
Confidence in Financial Matters: Develop a sense of confidence in dealing with financial matters, knowing that you possess the knowledge and skills to tackle challenges and seize opportunities in the dynamic world of finance.
Respect for Time and Value: Appreciate the value of time and substance in financial education, as delivered by an instructor who prioritizes clarity, relevance, and practicality over unnecessary complexity or distractions.
By completing this course, you will emerge as a more empowered and knowledgeable individual, ready to tackle the complexities of finance with clarity, confidence, and competence.
About the Instructor.
The instructor Col (Dr) Shabbar Shahid is an Army Veteran with a passion for teaching. He is a post graduate mechanical engineer, an MBA in Fin, a Chartered Engineer, a Fellow of the Institution of Engineers (India) and a Doctorate in Management with over 4 decades of experience. He also holds a "Distinguished Instructor" grading awarded by the Military College of Electronics and Mechanical Engineering. Thus, qualified to speak on the subject and be your instructor.
Legal Disclaimer:
This course is purely for educational purposes. Investment involves financial risk. Students taking this course are advised to exercise due diligence before making any investment in any asset. The instructor or any party related to this course or it's content will not be responsible for any kind of loss to anyone in anyway, due to this course.
