NAME OF THE COURSE |
MASTER IN ECONOMIC AND FINANCIAL ANALYSIS |
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CERTIFICATION |
CERTIFIED MASTER MASTER IN ECONOMIC AND FINANCIAL ANALYSIS |
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COURSE OVERVIEW |
This course aims at providing the student with advanced concepts of engineering economic analysis and its role in engineering decision-making. It is designed to offer the students the tools needed for rigorous presentation of the effect of the time value of money on engineering problem solving and the capacity to act with ethical and efficient professionalism. The tools introduced include present worth analysis, annual cash flow, rate of return, incremental analysis, future worth analysis, and payback period. Additionally, the course also covers topics such as depreciation, after-tax analysis, replacement analysis, uncertainty, inflation, deflation, and estimation of future events By focusing its development work on extractive industries, Kings Academy helps countries to reduce the risks and realize the benefits of resource extraction. |
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TRAINING DURATION |
Total Training Hours : 22 Hours |
Training Duration : 1 Week |
Total Training Days : 4-5 Working Days |
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TRAINING SCHEDULE |
Weekdays |
Regular Sessions : 4 – 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm) |
Food & refreshments Included |
Weekends (Friday & Saturday) |
Fast Track Sessions: 8 Hours per day (9am to 5pm) |
Food & refreshments Included |
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CERTIFICATION |
Globally recognized certificate from “Kings Global Career Academy” |
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TEST |
No |
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LEARNING AIDS |
Yes |
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COURSE MATERIAL |
Hard & Soft Copies of Study Material |
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LANGUAGE OF INSTRUCTION |
English |
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INSTRUCTOR HELPLINE |
Yes |
1. Email |
2. Social Media (For Emergency requirements) |
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REGISTRATION REQUIREMENTS |
1. Passport Copy |
2. Curriculum Vitae |
3. Passport size photographs |
4. Course Fee |
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MODE OF PAYMENT |
Cash / Cheque / Credit Card / Bank Transfer. |
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WHO SHOULD ATTEND? |
- Officers in Government Revenue department (Mid and Top level)
- Employees of the Tax department
- Employees of Pension fund department
- All government employees in the finance department
- Junior to senior officials interested in understanding fiscal policy and its macroeconomic implications.
- Central bank officials serving on governance and oversight bodies, and/or senior central bank staff responsible for accounting, financial reporting, auditing, risk management, internal control, legal, or reserve management operations.
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COURSE BENEFITS |
- Discuss the pros and cons of using various analysis methods in engineering economics.
- Analyze projects based on various financial parameters.
- Identify the different types of projects based on the given information.
- Employ incremental analysis/cash flow analysis / present worth analysis/payback period / NPV / IRR to rank and select the projects.
- Use taxation rules, depreciation, and other expenses in financial calculations.
- Present the cash flow table and financial analysis of a project/company.
- Solve problems using breakeven analysis.
- Calculate marginal cost, average cost, salvage value, payback period, NPV, IRR, net income, net cash flow, and other financial parameters.
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COURSE CONTENTS |
Economic Analysis
- Introduction to the decision-making process
- Time value of money, equivalence, and compound interest
- Nominal and effective interest
- Present and future worth
- Annual equivalent cash flow
- Internal rate of return and minimum acceptable rate of return (MARR)
- Discrete and continuous compounding
- Incremental rate of return analysis
- Inflation and deflation
- Financing
- Payback period and sensitivity analysis
- Uncertainty and risk analysis
- Retirement and replacement analysis
- Depreciation
- Income taxes
- Break-even analysis
- Cost/benefit analysis
- Economic decision criteria in engineering choices
- Interest and equivalence cash flows
- Present worth analysis
- Rate of return analysis
- Incremental analysis
- Selecting and adjusting the minimum annual rate of return (MARR)
- Depreciation
- Income Taxes
- Replacement analysis
Financial Analysis
- Interpretation and Analysis of Financial Statements
- Financial Ratios
- Application
- The intent of corporate planning and definition of business performance
- Strategic planning and business strategy
- What are success and good performance
- Perspectives for evaluation
- Reviewing and validating business performance
- The role and responsibilities of financial management
- The relationship between accounting and finance in analysis
- A review of the basic financial statements and their roles
- Why ROI is still a good place to start
- Identifying key success factors in your industry sector
- Ratios: what they are, which ones to use, and why
- The financial review compared to targets and expectations
- Financial performance measurement systems
- Key accounting assumptions
- Scenario analysis: how to calculate it and what it tells us
- Sensitivity analysis: how to calculate it and what it tells us
- Trend analysis: when is a trend? What to do?
- Improving Return on Equity (ROE)
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