Fundamentals & Concepts of Finance, Investment and Business
It is quite common to see that people are proficient in their profession or business and earn adequately well but are not able to manage their finances in a prudent manner. This happens because of inadequate basic knowledge about finance, investment and the financial concepts related to business. Students who pursue higher education find it difficult to understand financial management due to inadequate clarity on the fundamentals and basic concepts of finance. This course is designed to address the conceptual and fundamental issues so as to build a strong foundation for better understanding of the issues related to finance, investment and business.
In this course hosted by PRUDENCE Engineering and Financial Consultants, Col (Dr) Shabbar Shahid, an Army Veteran and a post graduate in Engineering and Finance with a Doctorate in management explains the fundamentals and concepts of Finance, Investment and business in a very simple manner with apt examples. The speaker believes that a clear understanding of the basics is the key to advanced learning and professional success.
This course is divided into three sections. The first section explains the concepts like Inflation, Savings, Investment, Risk, Liquidity, Time Value of Money etc. The second part explains the concept that earning money and converting the earnings into wealth are two different things. The concept of interest and returns through various investment avenues like Bonds, Mutual Funds, ETFs, Stock market etc have been explained in a simple manner with practical examples. The last part explains the concepts of Debt and Equity, Sources of Capital, Cost of Capital, Significance of Turnover, Profit, Earnings ,Return on Investment etc.
This course will be of immense benefit to university students and undergraduates who will find themselves equipped with the fundamentals before they step into their professional careers or pursue higher education. It will also be of immense use to young entrepreneurs who intend venturing into business and those interested to indulge in investment as also to anyone who desires to understand the concepts of finance, investment and business in order to manage their personal finances and business in a better way or provide services as an advisor to family and friends.
The speaker knows the subject well and speaks to the point without any glamour, frills or divergence thus, respecting the value of time.