Financial Management (FM) covers a range of important topics, such as the financial environment, investment evaluation, cost of capital, capital structure, financing sources, dividend policy, working capital management, risk management, and business value.
Advanced Financial Management (AFM) builds on these topics and covers additional areas, such as stakeholder responsibility, mergers and acquisitions, corporate restructuring, the international business environment, multinational organizations, and emerging issues.
To excel in AFM, students should have a strong understanding of FM and be able to apply their knowledge, techniques, and skills to real-world problems and issues. They should also be knowledgeable about the global economic environment and how international institutions impact trade and financial markets. In order to succeed in AFM, it is important for students to have a well-rounded understanding of the subject and be able to demonstrate an integrated approach by applying their knowledge from other areas.