Mastering Capital Budgeting, Project Evaluation and Investment Analysis.
Course overview.
MASTERING CAPITAL BUDGETING, PROJECT EVALUATION AND INVESTMENT ANALYSIS TRAINING MALAYSIAEffective managers make investment decisions that allocate limited capital resources to achieve organizational goal, while minimizing risk. Great managers stand out not because they have access to particularly rich information, but because they seek the most useful information and accurately evaluate both the risk and potential return.
Capital budgeting is a key strategic skillset that managers must possess to ensure that capital resources are strategically implemented to generate maximum return. This course aims to equip business managers with the terminology, skillset, and the strategic mindset required to navigate a complex business environment, evaluate competing investment options, execute budgeting decisions that achieve goals, and effectively communicate their decisions and impact.
Many talented individuals come to a point in their careers when future success depends on understanding both the language and fundamental applications of capital budgeting. During this course, you will learn through a combination of interactive lecture and engaging exercises how to determine how much financing needs to be in place and where the capital can come from; master basic financial math such as present values and internal rates of return; evaluate capital investment projects.
Equipped with these skills, you will be able to actively participate in financial meetings that previously seemed impenetrable to you and make informed and effective decisions for your organization.
Key takeaways.
MASTERING CAPITAL BUDGETING, PROJECT EVALUATION AND INVESTMENT ANALYSIS TRAINING MALAYSIAParticipants will gain an understanding of:
- Learn how to structure and evaluate capital investment projects
- Determine how much financing needs to be in place and where the capital can come from
- Master NPV and IRR computations
- Help your organization make smart operating, investing, and financing decisions
- Appreciate where, when, how, and why shareholder value is created or destroyed
- Recognize the alterations available for improving an investment proposal, why sunk costs are excluded from proposals, and the alternatives for capital rationing.
- Identify the market conditions in which different types of investments and investment decisions will be made.
- Cite the basis for discounted cash flow analysis, and how net present value can be used.
- Identify the elements of the cost of capital, and note how the cost of capital is calculated.
- Recognize the uses to which payback, real option, and complex environment analysis can be used to review investment proposals.
- Note the concepts involved in the lease or buy decision process, and the information to include in or exclude from the decision.
- Identify the issues to be verified as part of the analysis of a capital budgeting request form.
Who should attend.
Mid-level managers all the way through to senior executives who:
- Have little or no prior training in capital budgeting and investment analysis
- Have accounting or finance background but want to deepen their appreciation of the language and fundamental applications of capital budgeting and investment analysis
- Enjoy learning in an energetic and interactive setting
The programme.
MASTERING CAPITAL BUDGETING, PROJECT EVALUATION AND INVESTMENT ANALYSIS TRAINING MALAYSIAIntroduction
- Overview of training aim, objectives and agenda
SESSION 1Making Investment Decisions
- The investment problem and capital budgeting
- Cash flow estimation
- Integrative examples and cash flow estimation in practice
SESSION 2Sources Of Finance
- Sources of finance – long term & short term
- Evaluation of the types of finance – equity vs debt finance
- Hybrid finance & financial engineering
SESSION 3Cost Of Capital
- What is cost of capital?
- The importance of cost of capital
- Cost of Debt
- Cost of Equity
- Weighted Average Cost of Capital (WACC) and how to calculate WACC
SESSION 4Cost Of Equity
- Calculation of cost of equity
- What is beta (β)
- Capital Asset Pricing Model (CAPM)
- Dividend Capitalization Model
- Cost of equity for unlisted company
SESSION 5Time Value Of Money
- Time value of money
- Present value (PV) and future value (FV)
- Interest rates, discount rates and discounted values
SESSION 6Net Present Value (npv)
- How to calculate NPV?
- NPV considerations in practice
SESSION 7Discount Rates Considerations
- Should you use the same discount rate within the company?
- Discount rates across divisions or countries
- Discount rates over time
SESSION 8Other Capital Budgeting Evaluation Techniques
- Hurdle rate
- Payback and discounted payback period
- Profitability Index
- Internal rate of return (IRR)
- Modified internal rate of return (IRR)
- Return on investment (ROI)
SESSION 9Lease Or Buy Back Decisions
- Lease or buy back
- Calculation and considerations
SESSION 10Capital Budgeting And Risk
- Measurement of project risk
- Incorporating risk in the capital budgeting decision
SESSION 11Project Evaluation And Investment Decisions Case Studies
- Case studies
- Exercises
SESSION 12Capital Budgeting Summary
- Action plans
Throughout the workshop, participants will work through practical exercises and case studies in capital budgeting and investment analysis
Your trainer.
MASTERING CAPITAL BUDGETING, PROJECT EVALUATION AND INVESTMENT ANALYSIS TRAINING MALAYSIAAlvin Yong is a UK-registered Fellow Chartered and Certified Accountant (FCCA). He obtained his Master of Science in Professional Accountancy (Merit) in 2017 from the University of London.
To bring.
MASTERING CAPITAL BUDGETING, PROJECT EVALUATION AND INVESTMENT ANALYSIS TRAINING MALAYSIAReviews from our Malaysian clients.
MASTERING CAPITAL BUDGETING, PROJECT EVALUATION AND INVESTMENT ANALYSIS TRAINING MALAYSIA“Content is very good, notes are sufficiently detailed, presentation is clear and pace is good. Alvin entertained questions calmly, clearly, and with sufficient depth. Very knowledgeable and qualified for the training subject.”
“Alvin is an excellent trainer. He led interesting, interactive and focused discussions during the workshop.”
“Alvin was well prepared, knowledgeable and easy to follow. Level of detail was where it needed to be and the documentation was very thorough. The course went quickly which was always a good sign.”
“Fantastic trainer in terms of knowledge and skills. Extremely friendly, helpful and patient.”
“Good understanding and knowledge of the subject. Attentive and responsive to participants' queries. Presented the subject very clearly.”
“The trainer is knowledgeable. He was helpful. He handled the class material well.”
“Very informative. Gave an excellent count of how-to's.”
“Alvin is a very people person. Sound knowledge in his area of expertise. He carried out the programme well.”
Ready when your team is.
Public runs across the region and live online — or we scope an internal cohort around your actual reports.
Enquire about in-house training