Successful completion of the course enables the participant to: 

1. Appreciate and understand the objectives, role and importance of finance in business; 

2. Learn the concepts, related calculations and practical applications of the mathematics of finance and investments; 

3. Utilize basic financial planning and forecasting tools for business decisions;

4. Identify, define, analyze and manage the various types of risks the finance manager faces in the routine course of business; 

5. Efficiently manage a firm’s working capital accounts; 

6. Evaluate long-term investments/projects using the most effective evaluation methodologies; 

7. Identify, describe and evaluate the various short-, medium- and long-term financing sources available to a firm;

8. Calculate and understand the importance of a firm’s weighted average cost of capital.

MODULE 1 FINANCIAL STATEMENT ANALYSIS 

A. Review of key accounting principles and concepts 

B. Accounting and financial reporting rules 

C. Financial statements appreciation: contents, limitations 

D. Critical analysis areas 

E. Pragmatic review of financial statements 

F. Common danger signals 

MODULE 2 THE FINANCE FUNCTION: AN OVERVIEW AND INTRODUCTION 

A. Importance and goal in the corporate setting 

B. Responsibilities of the finance manager 

C. Key ideas in financial management 

D. Structure of the financial system 

MODULE 3 MATHEMATICS OF FINANCE AND INVESTMENTS 

A. Time value of money: concepts, principles, formulas 

B. Illustrative calculations 

C. Practical applications for decision-making 

MODULE 4 BASIC FINANCIAL PLANNING AND CONTROL 

A. Break-even analysis 

B. Operating and financial leverage 

C. Basic budgeting and financial forecasting 

MODULE 5 WORKING CAPITAL MANAGEMENT 

A. Working capital fundamentals 

B. Cash management 

C. Short-term financing 

MODULE 6 INVESTMENT & FINANCING DECISIONS 

A. Project evaluation techniques 

B. Risk/Return analysis 

C. Capital budgeting process 

D. Financial structure, use of leverage, and cost of capital 

E. Intermediate- and long-term financing methods

Mr. Larry S. Esguerra IV is Director for Credit Programs at the Ateneo-BAP Institute of Banking and a Professor of Finance at the Ateneo Graduate School of Business. He is also Chief Financial Officer of a multinational construction and engineering firm and a diversified group of companies.

Mr. Esguerra has spent the greater part of his professional career in the financial services industry in the United States. Prior to his return to the Philippines, he was President and Chief Executive Officer of Golden Bay Federal Credit Union, a California-based, federally chartered credit union servicing the financial needs of military personnel and federal employees of the United States government. He also served as Vice President and Controller of Franklin Bank in Menlo Park, California; Associate Director of Capital Strategies Limited, a Hong Kong-based investment banking firm; and Resident Auditor of Citibank, N.A. in the Philippines.

Mr. Esguerra holds a Bachelors degree in accounting from the University of the Philippines and a Masters degree in Business Administration from the University of Phoenix. He is a Certified Public Accountant.