Strategic Finance Management (SFM) Track
September 18, 2023 2024-11-03 20:33Strategic Finance Management (SFM) Track
Strategic Financial Management Track
Financial expertise fueling strategic business growth.
- 30% exemption from our MBA Programs
- 3 Courses
- 120 Hours
- 45 Lessons
- CMI Certificates
- Certifeka Certificates
- 6 Months Access
Track Overview
The Strategic Financial Management (SFM) Track emphasizes the application of financial insights to strategic decision-making within organizations. It focuses on financial analysis, resource allocation, risk management, and value optimization. By blending financial expertise with strategic vision, this track ensures that financial choices bolster long-term organizational goals. Essentially, SFM offers a comprehensive approach to finance that directly supports and enhances business strategy and sustainable growth.
Track Consists of 3 CMI Courses
Find the details below
1: Strategic Planning
Strategic planning is a methodical approach used by organizations to set long-term goals and action plans, grounded in their mission and vision. It evaluates the organization's present situation, external opportunities and threats, and internal strengths and weaknesses to devise strategies for desired results. This ensures optimal resource allocation and a cohesive organizational direction. The plan might require periodic revisions due to changing conditions or priorities.
In this course, you will be introduced to:
- Strategic ThinkingÂ
- Project ManagementÂ
- Proactive Attitude Â
- Sustainable Business Practices
- Risk Measurement/Prevention
- Enterprise Structuring
You can find the curriculum below:
Foundations of Strategic Marketing Management
Strategic Marketing Management combines market dynamics, consumer preferences, and company strengths to address market needs. It sets the course for a business, guiding its market approach and value proposition. The marketing strategy, aligned with the organization’s broader goals and mission, provides a plan for the target audience, allocating resources, and monitoring results for maximum effectiveness.
Lessons
- Mission & Vision
- Objectives & Goals
- Strategies & Tactics
- Strategic Planning
- Core Organizational Value
- Cultural Diversity
- Profit Market Share
Strategic Analysis Methodology
Strategic Analysis Methodology enables organizations to comprehend external factors by examining the larger environment, stakeholders’ needs, and data types while tracking competitor trends. It also considers changes in political, legal, and economic domains. Tools like SWOT analysis and Porter’s Five Forces, provide insights into an organization’s internal operations and market standing, facilitating well-informed strategic decisions.
- Phases of strategic management
- Macro Environmental Scanning
- Micro Environmental Scanning
- Tools of Analysis
Organizational Strategy
Organizational strategy outlines a business’s plan to reach its long-term objectives. It requires regular reviews and uses various frameworks, including the Ansoff Matrix and Porter’s Generic Strategies, for direction. The strategy is refined through tools like portfolio evaluation and is encapsulated in a routinely assessed business plan. Continuous communication with stakeholders is vital to ensure everyone understands and aligns with the company’s strategic direction.
- Levels of Strategy
- Strategic Plans
- Corporate Strategies
- Strategic Plan Audit
- The Business Plan
- Stake Holders
2: Finance for Strategic Managers - Accounting
Finance for Strategic Managers, for accounting field seekers, refers to the specialized area of finance that integrates accounting principles with strategic management concepts. It focuses on understanding financial data and its implications, helping strategic managers make informed decisions that align with an organization's long-term objectives. By blending traditional accounting practices with strategic insights, managers are better equipped to navigate the financial complexities of business and drive sustainable growth.
In this course, you will be introduced to:
- Reflective Decision-Making
- Mathematical Proficiency
- Business Acumen
- Organizational Skills
- Teamwork and Communication
- Technical and Analytical Prowess
You can find the curriculum below:
Financial Data
Financial data comprises quantitative information vital for business strategy, risk assessment, and investment decisions. It empowers organizations to make informed choices, manage financial risks, and evaluate the potential of capital expenditures.
Lessons
- Understanding financial information, needs and sources
- Understanding Business Risk
- Introduction to Capital Budgeting
Fundamentals of Financial Accounting
Financial Accounting Fundamentals encompass the ability to interpret financial statements, offer financial recommendations, and evaluate a business’s current viability through comparative financial data analysis.
- Essential Accounting and Financial Reports
- Introduction to Financial Accounting
- Financial Accounting Recording Process
- Accounting for Merchandize Operation
- Inventory Accounting
- Understanding Account Receivable
- Accounting for Fixed Assets
- Understanding Cash Flow Statement
- Financial Statement Analysis
Strategic Financial Decisions
Strategic financial decisions encompass understanding the impact of creative accounting techniques, prioritizing cash flow management in capital expenditure evaluations, and utilizing diverse sources of financial data for informed business strategy.
- Creative Accounting and Investment Decision
- Cash Flow Management and Expenditure Proposals
- Sources of Finance Identification and suitability
3: Finance for Strategic Managers - Finance
Finance for Strategic Managers - Finance is the application of financial expertise to support strategic decision-making. It involves analyzing financial data, creating budgets, allocating resources, managing risks, and optimizing value creation. Strategic managers use financial insights to ensure their decisions align with long-term organizational goals and deliver sustainable success.
In this course, you will be introduced to:
- Reflective Decision-Making
- Mathematical Proficiency
- Business Acumen
- Organizational Skills
- Teamwork and Communication
- Technical and Analytical Prowess
You can find the curriculum below:
Time Value of Money
Time Value of Money encompasses the significance of money’s time-based worth in finance, including calculations for single amounts, annuities, mixed streams, and compounding interest rates. It equips individuals with the tools to make informed financial decisions based on these principles.
Lessons
- Time value in finance
- Future value of a single amount
- Present value of a single amount
- Ordinary annuities calculations
- Due annuities calculations
- Mixed annuities calculations
- Compounding interest rates
- Special applications calculations
Capital Budgeting Techniques
Capital Budgeting Techniques encompass understanding the concept of capital budgeting, calculating payback periods (PBP), computing net present values (NPV), and determining internal rates of return (IRR) for effective investment decision-making.
- Overview of capital budgeting
- Payback Period
- Net present value
- Internal rate of return
Don’t miss the chance and enroll now for $1680 instead of $2,100Â and save $420
Track Outcomes
Strategic Thinking
Project Management
Proactive Attitude
Sustainable Business Practices
Risk Measurement/ Prevention
Enterprise Structuring
Reflective
Decision-Making
Mathematical Proficiency
Business Acumen
Organizational Skills
Teamwork and Communication
Technical and Analytical Prowess
CMI Recognition & Accreditation
Once you finish your Track you will be eligible to use this CMI Foundation Chartered Manager badge across your credentials
CMI Employer Accreditation offers you a unique opportunity to be able to reward your teams’ with nationally-recognised qualifications, as part of your in-house training. Give your team the competitive edge and provide them with practical tools that can be applied straight into the workplace.
CMI represents the benchmark for Management and Leadership skills. Backed by our Royal Charter, we are the only professional body able to offer Chartered status for your managers and leaders. Included with accredited solutions like: 12 months membership with CMI, offering digital resources, networking, mentoring and skills support.
The Chartered Management Institute (CMI) is the only organization that can award Chartered Manager status, the highest accolade for managers and leaders. For 75 years, we have inspired modern managers to become successful, confident leaders.
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With CMI as your lifelong career partner, you will always have access to support, guidance and development opportunities to help you achieve your professional goals, and achieve the ultimate management accolade, Chartered Manager status.
Defining your strengths against CMI’s Professional Standard, their Career Journey map identifies opportunities to develop your management and leadership skills, whatever stage of your career you’re at.
Each Chartered Manager boosts their business revenue by £62k every year
74% of students on CMI accredited courses acquired the skills to lead change and innovation
81% of students on CMI accredited courses recognized their ability to develop people and capabilities