The distance learning Financial Strategy course is the perfect home study course to ensure that you succeed in this exciting field. Our uniquely flexible Financial Strategy home learning course has no time limits. You can start your home learning course whenever you like and there are no deadlines to meet, so you can adapt your distance education course to meet your needs, all from the comfort of your own home.
Once you have registered on the distance education Financial Strategy course you will be assigned a personal tutor who specialises in their field of study. Your dedicated personal tutor is always on hand to answer any query you may have, no matter how big or small, and you will also have access to a dedicated course advisor who offers guidance and advice.
This course builds directly on the Finance and Accounting Foundation Course.
Topics in accounting usually have a fairly clearly defined answer. There are techniques available to generate a solution, often in the form of an accounting statement. However, accounting, especially financial accounting, tends to be historic in outlook (i.e. backward-looking), focusing on reporting and analysing past behaviour and performance.
The perspective of finance is rather different. Finance focuses on recommending appropriate financial policies designed to optimise the interest of the owners of the firm. Because none of us can predict the future, our policy recommendations are often hedged in with uncertainty.
Course Syllabus
Unit 1: Introductory Issues and Concepts
Introduction
Objectives
Role of the financial manager
The finance decision
Concept of value
Value determinants
Risk-return trade-off
The accountant versus the strategist
Delivering value
Limitations on value-creating behaviour
Corporate governance
Summary
Unit 2: Company Valuation
Introduction
Objectives
Valuation of quoted companies
Valuing unquoted companies using alternative valuation techniques
Shareholder value analysis (SVA)
Summary
Unit 3: Investment Decisions
Introduction
Objectives
Investment decisions and appraisal methods
Investment appraisal techniques
Discounting methods/discounted cash flow (DCF)
Applications of project appraisal
Risk and uncertainty in project appraisal
Summary
Unit 4: Financing Decisions
Introduction
Objectives
Financial planning
Working capital management
Sources of long-term finanace
Summary
Unit 5: Required Return on Investment
Introduction
Objectives
Cost of debt
Cost of equity (Return required by shareholders)
Capital Asset Pricing Model (CAPM)
Required rate of return when equity and debt are combined
Gearing and company value
Summary
Unit 6: Delivering Value
Introduction
Objectives
Total shareholder return (TSR)
Theories of dividend policy
Evaluation of the irrelevance argument
Objections to divided irrelevence
Divided policy: key determinants
Share buy-backs
Summary
For a more detailed syllabus on this course, click here
Qualifications
On completion of your course, you will receive two qualifications:
Qualification 1: Financial Strategy Diploma
Financial Strategy Diploma issued by Stonebridge Associated Colleges, entitling you to use the letters SAC Dip after your name.
Qualification 2: ASET Level 4 Financial Strategy Award
This Course leads to an ASET Level 4 Award Certificate for successful learners. That means that it is independantly accredited at a level of learning equivalent to level 4 on the National Qualifications Framework (NFQ) for England, Wales and Northern Ireland (in which case GCSE's are at levels 1 and 2 and A Levels are at level 3).
The Award has been designed by a learning provider to meet specific learners' or employers' requirements and as such is not listed as a qualification on NQF. While the duration, content or assessment may vary from similar national qualifications, in accrediting the programme at level 4, ASET attests that its learning outcomes are at an equivalent level to a level 4 national qualification.
Study Options
In order to offer our students the most convenient and flexible distance learning courses, Stonebridge Associated College offers you the option to study for your course via two methods:
1. Via the traditional paper-based method.
2. Through the online method via ElearnUK.
When you study through ElearnUK you can quickly access your course material online and submit all of your question papers to your tutor online, using your unique student account. You have access to all of your course material immediately, and when you submit question papers, your tutor sends you an email containing your results and feedback.
Fees
Cash Price
Deposit
Installments
No of Payments
£285.00
£85.00
£25.00
8
The total amount payable over the term's period, is
no more than the total cash price of the course. (APR
= 0%). Written quotations are available on request.
At the end of the course you will receive an award issued by Stonebridge Associated College, and also gain full ASET accreditation for the course.
Tutor Support
With this course you will have unlimited access to your own personal tutor who specialises in their field of study. It is your personal tutor's role to ensure that you receive constructive feedback and to deal with any queries you may have. You are more than welcome to telephone, fax or email your personal tutor.
You will also have access to a dedicated and friendly
team of administrators and course advisors who offer
sound and professional guidance and advice when you
need it. This ensures that you will never feel
neglected and that you will always succeed!
Requirements for Entry
There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.
Study Hours
This is only an approximate figure and is dependant upon how much time you can dedicate to your studies and how well you grasp the learning concepts in the course material. Furthermore, at the end of each lesson there is a question paper that needs to be completed and returned to your tutor. You should allow at least 1 - 2 hours of study to complete each question paper.
The approximate amount of time required to complete
the course is: 120 hrs.
Additional Information
Assessment Method
After each lesson there will be a question paper, which needs to be completed and submitted to your personal tutor for marking. This method of continual assessment ensures that your personal tutor can consistently monitor your progress and provide you with assistance throughout the duration of the course.
What's Included
All study materials
Study Guide
Full Tutor and Admin support
The course fee includes the ASET registration and certification fee (valued at up to £30.00).
What is ASET
ASET is a recognised National Awarding Body.
This course is accredited by ASET. ASET are a leading National Awarding Body, recognised in the U.K by the Department for Education and Skills (DfEs), Learning Skills Council (LSC) and the Qualifications & Curriculum Authority (QCA). ASET specialise in providing, quality-assuring and certificating vocational learning programmes.
Below you will find a list of courses that previous students have taken to complement their course. We hope that this list will give you some idea of the types of progression courses we offer, or alternative course options that may be of interest to you.
Business Accounting - Accounting has become an essential part of business life, and the knowledge and skills that you will learn in your studies will give you a broader and more experienced view of business life.
The course ... Read More »
Accounting - Accounting is designed to help those with an interest in a business, or other organisation, to assess its financial position and performance. It aims to communicate relevant economic information to interested parties and, as a result, ... Read More »
Book-keeping (Skills Course) - The aims of this Business Skills Bookkeeping Course are to:
understand why book-keeping is important
examine a wide variety of book-keeping options and select the
... Read More »
Business Finance -
This programme is designed for people seeking to understand and apply the principles of finance and financial control of a business. The course is particularly suited to the general manager with responsibility for a small organisation ... Read More »