Course 3.2 – Financial Management

Module 1: Introduction to Financial Management

• Lesson 1: The Role of Financial Management in Business
• Lesson 2: Key Financial Management Principles
• Lesson 3: Personal Financial Literacy
• Activity: Reflect on how financial management principles apply to your business

Module 2: Understanding Financial Statements

• Lesson 1: Reading and Interpreting Balance Sheets
• Lesson 2: Profits, Losses, and Cash Flows
• Activity: Analyze a set of financial statements from a case study business

Module 3: Budgeting and Financial Planning

• Lesson 1: The Importance of Budgeting in Business
• Lesson 2: Long-Term Financial Planning and Forecasting
• Activity: Create a simple budget for a hypothetical business scenario

Module 4: Managing Business Finances

• Lesson 1: Cash Flow Management
• Lesson 2: Profitability Management
• Activity: Develop a cash flow improvement plan for a case study business

Module 5: Financing Your Business

• Lesson 1: Understanding Different Types of Business Financing
• Lesson 2: Raising Capital for Your Business
• Activity: Prepare a mini business plan suitable for a financing pitch

Module 6: Financial Risk Management

• Lesson 1: Identifying and Managing Financial Risks
• Lesson 2: The Role of Insurance in Risk Management

Module 7: Course Recap and Financial Management Tools

• Lesson 1: Course Insights Synthesis
• Lesson 2: Introduction to Financial Management Software
• Activity: Identify potential financial risks for your business and propose mitigation strategies
• Activity: Reflective essay on how the participant will apply the course knowledge to their financial strategy