Companies require managerial staff with extensive experience, but, above all, with broad knowledge of financial management. For this reason, we offer you a high-level program, created by professionals with extensive experience” 

Why Study at TECH?

TECH is the world's largest 100% online business school. It is an elite business school, with a model based on the highest academic standards. A world-class centre for intensive managerial skills training.   

TECH is a university at the forefront of technology, and provides students with all the resources to help them achieve entrepreneurial success"

At TECH Global University

Innovation

The university offers an online learning model that combines the latest educational technology with the most rigorous teaching methods. A unique method with the highest international recognition that will provide students with the keys to develop in a rapidly-evolving world, where innovation must be every entrepreneur’s focus.

"Microsoft Europe Success Story", for integrating the innovative, interactive multi-video system. 

The Highest Standards

Admissions criteria at TECH are not economic. Students don't need to make a large investment to study at this university. However, in order to obtain a qualification from TECH, the student's intelligence and ability will be tested to their limits. The institution's academic standards are exceptionally high...  

95% of TECH students successfully complete their studies.

Networking

Professionals from countries all over the world attend TECH, allowing students to establish a large network of contacts that may prove useful to them in the future.  

100.000+ executives trained each year, 200+ different nationalities.

Empowerment

Students will grow hand in hand with the best companies and highly regarded and influential professionals. TECH has developed strategic partnerships and a valuable network of contacts with major economic players in 7 continents.  

500+ collaborative agreements with leading companies.

Talent

This program is a unique initiative to allow students to showcase their talent in the business world. An opportunity that will allow them to voice their concerns and share their business vision. 

After completing this program, TECH helps students show the world their talent. 

Multicultural Context

While studying at TECH, students will enjoy a unique experience by studying in a multicultural context. In a program with a global vision, through which students can learn about the operating methods in different parts of the world, and gather the latest information that best adapts to their business idea. 

TECH students represent more than 200 different nationalities.   

Learn with the best

In the classroom, TECH teaching staff discuss how they have achieved success in their companies, working in a real, lively, and dynamic context. Teachers who are fully committed to offering a quality specialization that will allow students to advance in their career and stand out in the business world. 

Teachers representing 20 different nationalities. 

TECH strives for excellence and, to this end, boasts a series of characteristics that make this university unique:   

Analysis

TECH explores the student’s critical side, their ability to question things, their problem-solving skills, as well as their interpersonal skills.  

Academic Excellence

TECH offers students the best online learning methodology. The university combines the Relearning methodology (the most internationally recognized postgraduate learning methodology) with Harvard Business School case studies. A complex balance of traditional and state-of-the-art methods, within the most demanding academic framework.   

TECH is the world’s largest online university. It currently boasts a portfolio of more than 10,000 university postgraduate programs. And in today's new economy, volume + technology = a ground-breaking price. This way, TECH ensures that studying is not as expensive for students as it would be at another university.  

At TECH, you will have access to the most rigorous and up-to-date case studies in the academic community”

The Advanced master’s degree in Senior Financial Management is a customized program that is taught in a 100% online format so that you can choose the time and place that best suits your availability, schedule and interests. A program that takes place over 24 months and is intended to be a unique and stimulating experience that lays the foundation for your success as a manager and entrepreneur. 

A syllabus designed by highly qualified professionals so that you can specialize in a high-demand field”  

Syllabus

The Advanced master’s degree in Senior Financial Management from TECH Global University is an intense program that prepares you to face business challenges and decisions both nationally and internationally. Its content is designed to promote the development of managerial skills that enable more rigorous decision-making in uncertain environments. 

Throughout 3,000 hours of study, you will analyze a multitude of practical cases through individual work, achieving high quality learning that you will be able to later transfer to your daily practice. It is, therefore, an authentic immersion in real business situations.  

This Advanced master’s degree in Senior Financial Management deals extensively with the main areas of business and is designed to specialize executives who understand senior management 
from a strategic, international, and innovative perspective. 

A plan designed for you, focused on improving your career and preparing you to achieve excellence in leadership and business management. A program that understands both your and your company's needs through innovative content based on the latest trends. It is supported by the best educational methodology and an exceptional faculty, which will provide you with the skills to solve critical situations creatively and efficiently.  

This Advanced master’s degree takes place over 24 months and is divided into 20 modules: 

Module 1. Leadership, Ethics, and CSR
Module 2. Strategic Management and Executive Management
Module 3. People and Talent Management
Module 4. Economic and Financial Management
Module 5. Operations and Logistics Management
Module 6. Information Systems Management  
Module 7. Commercial Management, Marketing and Corporate Communications
Module 8. Innovation and Project Management
Module 9. Strategic Management
Module 10. Management and Leadership Development
Module 11. Marketing Management and Operations 
Module 12. Financial Accounting 
Module 13. Executive Accounting 
Module 14. Strategic Planning and Management Control
Module 15. Banking and Financial Markets
Module 16. Financial Risk and Corporate Finance 
Module 17. Feasibility of the Research Project
Module 18. Ethical-Legal-Fiscal
Module 19. International Finance
Module 20. Creating and Financing Start-Ups

Where, When and How is it Taught?

TECH offers students the possibility of taking this program completely online. Throughout the 24 months of studying, you will be able to access all the contents of this program at any time, allowing you to self-manage your study time. 

Module 1. Leadership, Ethics, and CSR

1.1. Globalization and Governance  

1.1.1. Globalization and Trends: Internationalization of Markets
1.1.2. Economic Environment and Corporate Governance
1.1.3. Accountability or Accounts Performance

1.2. Leadership

1.2.1. Intercultural Environment
1.2.2. Leadership and Business Management
1.2.3. Management Roles and Responsibilities

1.3. Business Ethics   

1.3.1. Ethics and Integrity
1.3.2. Ethical Behavior in Companies
1.3.3. Deontology, Codes of Ethics and Codes of Conduct
1.3.4. Fraud and Corruption Prevention

1.4. Sustainability 

1.4.1. Business and Sustainable Development
1.4.2. Social, Environmental, and Economic Impact 
1.4.3. The 2030 Agenda and the SDGs

1.5. Corporate Social Responsibility 

1.5.1. Corporate Social Responsibility
1.5.2. Roles and Responsibilities
1.5.3. Implementing Corporate Social Responsibility

Module 2. Strategic Management and Executive Management

2.1. Organizational Analysis and Design

2.1.1. Organizational Culture
2.1.2. Organizational Analysis
2.1.3. Designing the Organizational Structure

2.2. Corporate Strategy 

2.2.1. Corporate-Level Strategy
2.2.2. Types of Corporate-Level Strategies
2.2.3. Determining the Corporate Strategy
2.2.4. Corporate Strategy and Reputational Image 

2.3. Strategic Planning and Strategy Formulation

2.3.1. Strategic Thinking
2.3.2. Strategic Planning and Formulation
2.3.3. Sustainability and Corporate Strategy

2.4. Strategy Models and Patterns

2.4.1. Wealth, Value, and Return on Investments 
2.4.2. Competitive Corporate Strategy
2.4.3. Growing and Consolidating the Corporate Strategy

2.5. Strategic Management

2.5.1. Strategic Mission, Vision, and Values
2.5.2. The Balanced Scorecard
2.5.3. Analyzing, Monitoring, and Evaluating the Corporate Strategy
2.5.4. Strategic Management and Reporting

2.6. Implementing and Executing Strategy

2.6.1. Strategic Implementation: Objectives, Actions and Impacts
2.6.2. Strategic Alignment and Supervision
2.6.3. Continuous Improvement Approach

2.7. Executive Management

2.7.1. Integrating Functional Strategies into the Global Business Strategies
2.7.2. Management Policy and Processes
2.7.3. Knowledge Management

2.8. Analyzing and Solving Cases/Problems 

2.8.1. Problem Solving Methodology
2.8.2. Case Method 
2.8.3. Positioning and Decision-Making

Module 3. People and Talent Management

3.1. Organizational Behavior

3.1.1. Organizational Theory
3.1.2. Key Factors for Change in Organizations
3.1.3. Corporate Strategies, Types, and Knowledge Management

3.2. Strategic People Management

3.2.1. Job Design, Recruitment, and Selection
3.2.2. Human Resources Strategic Plan: Design and Implementation
3.2.3. Job Analysis: Design and Selection of People
3.2.4. Training and Professional Development

3.3. Management and Leadership Development

3.3.1. Managerial Skills: 21st Century Skills and Abilities
3.3.2. Non-Managerial Skills
3.3.3. Map of Skills and Abilities
3.3.4. Leadership and People Management

3.4. Change Management

3.4.1. Performance Analysis
3.4.2. Strategic Approach
3.4.3. Change Management: Key Factors, Process Design and Management
3.4.4. Continuous Improvement Approach

3.5. Negotiation and Conflict Management  

3.5.1. Negotiation Objectives: Differentiating Elements
3.5.2. Effective Negotiation Techniques
3.5.3. Conflicts: Factors and Types
3.5.4. Efficient Conflict Management: Negotiation and Communication

3.6. Executive Communication

3.6.1. Performance Analysis
3.6.2. Leading Change Resistance to Change
3.6.3. Managing Change Processes
3.6.4. Managing Multicultural Teams

3.7. Team Management and People Performance

3.7.1. Multicultural and Multidisciplinary Environment
3.7.2. Team and People Management
3.7.3. Coaching and People Performance
3.7.4. Managerial Meetings: Planning and Time Management

3.8. Knowledge and Talent Management

3.8.1. Identifying Knowledge and Talent in Organizations   
3.8.2. Corporate Knowledge and Talent Management Models  
3.8.3. Creativity and Innovation

Module 4. Economic and Financial Management

4.1. Economic Environment

4.1.1. Organizational Theory  
4.1.2. Key Factors for Change in Organizations  
4.1.3. Corporate Strategies, Types, and Knowledge Management

4.2. Executive Accounting

4.2.1. International Accounting Framework
4.2.2. Introduction to the Accounting Cycle
4.2.3. Company Financial Statements
4.2.4. Analysis of Financial Statements: Decision-Making

4.3. Budget and Management Control

4.3.1. Budgetary Planning  
4.3.2. Management Control: Design and Objectives  
4.3.3. Supervision and Reporting  

4.4. Corporate Tax Responsibility

4.4.1. Corporate Tax Responsibility
4.4.2. Tax Procedure: A Country-Case Approach

4.5. Corporate Control Systems

4.5.1. Types of Control  
4.5.2. Regulatory Compliance   
4.5.3. Internal Auditing  
4.5.4. External Auditing

4.6. Financial Management  

4.6.1. Introduction to Financial Management  
4.6.2. Financial Management and Corporate Strategy    
4.6.3. Chief Financial Officer (CFO): Managerial Skills

4.7. Financial Planning

4.7.1. Business Models and Financing Needs
4.7.2. Financial Analysis Tools
4.7.3. Short-Term Financial Planning
4.7.4. Long-Term Financial Planning

4.8. Corporate Financial Strategy

4.8.1. Corporate Financial Investments
4.8.2. Strategic Growth: Types

4.9. Macroeconomic Context

4.9.1. Macroeconomic Analysis  
4.9.2. Economic Indicators  
4.9.3. Economic Cycle  

4.10. Strategic Financing 

4.10.1. The Banking Business: Current Environment  
4.10.2. Risk Analysis and Management

4.11. Money and Capital Markets 

4.11.1. Fixed Income Market  
4.11.2. Equity Market  
4.11.3. Valuation of Companies  

4.12. Analyzing and Solving Cases/Problems

4.12.1. Problem Solving Methodology
4.12.2. Case Method

Module 5.  Operations and Logistics Management 

5.1. Operations Management

5.1.1. Define the Operations Strategy
5.1.2. Supply Chain Planning and Control
5.1.3. Indicator Systems

5.2. Purchasing Management 

5.2.1. Stocks Management
5.2.2. Warehouse Management
5.2.3. Purchasing and Procurement Management

5.3. Supply Chain Management I

5.3.1. Costs and Efficiency of the Operations Chain
5.3.2. Change in Demand Patterns
5.3.3. Change in Operations Strategy

5.4. Supply Chain Management II Implementation

5.4.1. Lean Manufacturing/Lean Thinking
5.4.2. Logistics Management
5.4.3. Purchasing

5.5. Logistical Processes

5.5.1. Organization and Management by Processes
5.5.2. Procurement, Production, Distribution
5.5.3. Quality, Quality Costs and Tools
5.5.4. After-Sales Service

5.6. Logistics and Customers 

5.6.1. Demand Analysis and Forecasting
5.6.2. Sales Forecasting and Planning
5.6.3. Collaborative Planning, Forecasting and Replacement

5.7. International Logistics

5.7.1. Customs, Export and Import processes
5.7.2. Methods and Means of International Payment
5.7.3. International Logistics Platforms

5.8. Competing through Operations 

5.8.1. Innovation in Operations as a Competitive Advantage in the Company
5.8.2. Emerging Technologies and Sciences
5.8.3. Information Systems in Operations

Module 6. Information Systems Management 

6.1. Information Systems Management

6.1.1. Business Information Systems
6.1.2. Strategic Decisions
6.1.3. The Role of the CIO

6.2. Information Technology and Business Strategy 

6.2.1. Company and Industry Sector Analysis   
6.2.2. Online Business Models
6.2.3. The Value of IT in a Company

6.3. IS Strategic Planning  

6.3.1. The Process of Strategic Planning
6.3.2. Formulating the IS Strategy
6.3.3. Strategy Implementation Plan

6.4. Information Systems and Business Intelligence

6.4.1. CRM and Business Intelligence
6.4.2. Business Intelligence Project Management
6.4.3. Business Intelligence Architecture

6.5. New ICT-Based Business Models

6.5.1. Technology-Based Business Models
6.5.2. Innovation Abilities
6.5.3. Redesigning the Value Chain Processes

6.6. e-Commerce

6.6.1. e-Commerce Strategic Plan
6.6.2. Logistics Management and Customer Service in e-Commerce
6.6.3. e-Commerce as an Opportunity for Internationalization

6.7. e-Business Strategies

6.7.1. Social Media Strategies
6.7.2. Optimizing Service Channels and Customer Support
6.7.3. Digital Regulation

6.8. Digital Business  

6.8.1. Mobile e-Commerce
6.8.2. Design and Usability
6.8.3. e-Commerce Operations

Module 7. Commercial Management, Marketing and Corporate Communications 

7.1. Commercial Management 

7.1.1. Sales Management
7.1.2. Commercial Strategy
7.1.3. Sales and Negotiation Techniques
7.1.4. Management of Sales Teams

7.2. Marketing

7.2.1. Marketing and the Impact on the Company  
7.2.2. Basic Marketing Variables  
7.2.3. Marketing Plan  

7.3. Strategic Marketing Management

7.3.1. Sources of Innovation
7.3.2. Current Trends in Marketing  
7.3.3. Marketing Tools  
7.3.4. Marketing Strategy and Communication with Customers

7.4. Digital Marketing Strategy 

7.4.1. Approach to Digital Marketing   
7.4.2. Digital Marketing Tools    
7.4.3. Inbound Marketing and the Evolution of Digital Marketing

7.5. Sales and Communication Strategy

7.5.1. Positioning and Promotion  
7.5.2. Public Relations   
7.5.3. Sales and Communication Strategy

7.6. Corporate Communication

7.6.1. Internal and External Communication  
7.6.2. Communication Departments  
7.6.3. Communication Managers: Managerial Skills and Responsibilities

7.7. Corporate Communication Strategy

7.7.1. Corporate Communication Strategy    
7.7.2. Communication Plan  
7.7.3. Press Release/Clipping/Publicity Writing

Module 8. Innovation and Project Management

8.1. Innovation

8.1.1. Macro Concept of Innovation  
8.1.2. Types of Innovation  
8.1.3. Continuous and Discontinuous Innovation  
8.1.4. Training and Innovation  

8.2. Innovation Strategy

8.2.1. Innovation and Corporate Strategy  
8.2.2. Global Innovation Project: Design and Management   
8.2.3. Innovation Workshops  

8.3. Business Model Design and Validation

8.3.1. The Lean Startup Methodology  
8.3.2. Innovative Business Initiative: Stages  
8.3.3. Financing Arrangements  
8.3.4. Model Tools: Empathy Map, Canvas Model, and Metrics  
8.3.5. Growth and Loyalty  

8.4. Project Management

8.4.1. Innovation Opportunities   
8.4.2. Feasibility Study and Proposal Specification  
8.4.3. Project Definition and Design  
8.4.4. Project Execution  
8.4.5. Project Closure

Module 9. Strategic Direction and Executive Management

9.1. Organizational Design

9.1.1. Organizational Culture
9.1.2. Designing the Organizational Structure
9.1.3. Competitive Advantage in Organizations

9.2. Cross-Cultural Management

9.2.1. Cultural Dimension of International Management
9.2.2. Globalization in Business Management
9.2.3. Intercultural Leadership

9.3. General Management

9.3.1. Integrating Functional Strategies into the Global Business Strategies
9.3.2. Management Policy and Processes
9.3.3. Society and Enterprise

9.4. Strategic Management

9.4.1. Establishing the Strategic Position: Mission, Vision, and Values
9.4.2. Developing New Businesses
9.4.3. Growing and Consolidating Companies

9.5. Competitive Strategy

9.5.1. Market Analysis
9.5.2. Sustainable Competitive Advantage
9.5.3. Return on Investment

9.6. Corporate Strategy

9.6.1. Driving Corporate Strategy
9.6.2. Pacing Corporate Strategy
9.6.3. Framing Corporate Strategy

9.7. Planning and Strategy 

9.7.1. The Relevance of Strategic Direction in the Management Control Process
9.7.2. Analysis of the Environment and the Organization
9.7.3. Lean Management

9.8. Strategy Implementation

9.8.1. Indicator Systems and Process Approach
9.8.2. Strategic Mapping
9.8.3. Differentiation and Alignment

Module 10. Management and Leadership Development

10.1. People in Organizations 

10.1.1. Quality of Work Life and Psychological Well-Being
10.1.2. Work Teams and Management Meeting
10.1.3. Coaching and Team Management
10.1.4. Managing Equality and Diversity

10.2. Talent Management

10.2.1. Managing Human Capital
10.2.2. Environment, Strategy and Metrics
10.2.3. Innovation in People Management

10.3. Management and Leadership Development 

10.3.1. Leadership and Leadership Styles
10.3.2. Motivation
10.3.3. Emotional Intelligence
10.3.4. Skills and Abilities of the Leader 2.0
10.3.5. Efficient Meetings

10.4. Strategic Communication 

10.4.1. Interpersonal Communication
10.4.2. Communication Skills and Influence
10.4.3. Internal Communication and Integrated Communication Plan
10.4.4. Barriers to Business Communication

10.5. Negotiation and Conflict Management

10.5.1. Effective Negotiation Techniques
10.5.2. Interpersonal Conflicts
10.5.3. Intercultural Negotiation

Module 11. Marketing Management and Operations

11.1. Marketing Management 

11.1.1. The Customer Relationship Cycle
11.1.2. Individualization vs. Standardization
11.1.3. CRM Applications and Data Mining

11.2. Customer Relationship Management 

11.2.1. Target Market Selection and Product Positioning
11.2.2. Creating a Marketing Plan
11.2.3. Supply Chain Design and Management

11.3. Internalization Strategies and Global Marketing 

11.3.1. The Customer Relationship Cycle
11.3.2. Individualization vs. Standardization
11.3.3. CRM Applications and Data Mining

11.4. Supply Chain Management

11.4.1. Costs and Efficiency of the Operations Chain
11.4.2. Change in Demand Patterns
11.4.3. Change in Operations Strategy
11.4.4. Logistical Processes

11.5. Competing through Operations 

11.5.1. Innovation in Operations as a Competitive Advantage in the Company
11.5.2. Emerging Technologies and Sciences
11.5.3. Information Systems in Operations

11.6. Business Information Systems

11.6.1. Project Management
11.6.2. Social Media Management and Digital Business
11.6.3. Business Intelligence

Module 12. Financial Accounting

12.1. Elements and Formulation of Financial Statments

12.1.1. Balance Sheet, Profit and Loss Statement and Annual Report
12.1.2. Statement of Changes in Shareholders' Equity
12.1.3. Cash Flow Statement
12.1.4. Rules for the Formulation of Financial Statments
12.1.5. Financial Statement Models

12.2. Assessment Criteria

12.2.1. Cost History
12.2.2. Reasonable Value
12.2.3. Net Realizable Value
12.2.4. Value in Use
12.2.5. Book or Carrying Value
12.2.6. Creative Accounting

12.3. Property, Plant and Equipment and Intangible Assets

12.3.1. Regulations and Forms of Acquisition
12.3.2. Amortizations
12.3.3. Impairment or Disposal Losses
12.3.4. Real Estate Investments

12.4. Financial Instruments

12.4.1. Financial Assets
12.4.2. Financial Liabilities
12.4.3. Risk Assessment, Identification and Management
12.4.4. Hedging and Trading Operations
12.4.5. Accounting for Equity Instruments

12.5. Study and Valuation of Shareholders' Equity

12.5.1. Equity in the Balance Sheet
12.5.2. Grants, Donations and Legacies
12.5.3. Shareholders' Equity and Adjustments for Changes in Value

12.6. Restructuring Operations

12.6.1. Mergers
12.6.2. De-Mergers
12.6.3. Non-Cash Contributions
12.6.4. Value Exchanges

12.7. Tax on Profits

12.7.1. Corporate Income Tax Structure
12.7.2. Calculation and Recording of the Accrued Corporate Income Tax Expense
12.7.3. Permanent and Temporary Differences

12.8. Foreign Currency Accounting

12.8.1. Functional and Presentation Currency
12.8.2. Valuation of Monetary and Non-Monetary Items
12.8.3. Temporary Differences in Operations Carried Out in Foreign Currency

Module 13. Executive Accounting

13.1. Fundamentals of Executive Accounting

13.1.1. Objectives of Executive Accounting
13.1.2. Qualitative Features of Accounting Information
13.1.3. Evolution of Executive Accounting

13.2. From General Accounting to Cost Accounting 

13.2.1. Elements of Cost Calculation
13.2.2. Stock in General Accounting and Cost Accounting
13.2.3. Expense in General Accounting and Cost Accounting
13.2.4. Classification of Costs

13.3. Cost-Volume of Operations-Benefit Analysis

13.3.1. Characteristics and Assumptions of the Cost-Volume-Benefit Method
13.3.2. Break-Even Point
13.3.3. Margin of Safety
13.3.4. Situations of Uncertainty in the Cost-Volume-Benefit Analysis

13.4. Information Systems and Business Intelligence 

13.4.1. Fundamentals and Classification
13.4.2. Cost Apportionment Phases and Methods
13.4.3. Choice of Cost Center and Bill of Exchange

13.5. Direct Costing

13.5.1. Analytical Results of Direct Costing as a Management Tool
13.5.2. Fixed and Variable Costs: Classification
13.5.3. Semi-Gross Margin for Productivity Study
13.5.4. Analytical Balance Sheet Study

13.6. Budget Control

13.6.1. Planning and Budgetary Control
13.6.2. Operational Budgets
13.6.3. Budgeting Methods
13.6.4. Budget Control and Deviations

13.7. Standard Costs

13.7.1. Definition and Types of Standard Costs
13.7.2. Flexible Budgeting of Indirect Costs
13.7.3. Full Cost Center and Full Cost Model
13.7.4. Variances in Standard Cost Accounting

13.8. Decision-Making in Executive Accounting   

13.8.1. Organization of Production and Costs for Decision-Making
13.8.2. Analysis of Economic-Financial Statements and their Impact on Corporate Decisions
13.8.3. Financial Information for Short- and Long-Term Decision-Making
13.8.4. Dealing with Uncertainty in Decision-Making
13.8.5. Planning and Cost Analysis for Competitive Advantage

Module 14. Strategic Planning and Management Control

14.1. Management Control

14.1.1. Financial Policy and Growth
14.1.2. Information as a Tool in Management Control
14.1.3. Management Control as a Planning and Management System
14.1.4. Functions of the Controller
14.1.5. Field of Application of Management Control

14.2. Financial Information and Decision Management

14.2.1. Financial or Legal Accounting
14.2.2. Analytical or Cost Accounting
14.2.3. Control Accounting

14.3. Treasury Management

14.3.1. Accounting Working Capital and Necessary Working Capital
14.3.2. Calculation of Operating Cash Requirements
14.3.3. Credit Management
14.3.4. Fund, Asset and Family Offices Management

14.4. Cash Management

14.4.1. Bank Financing of Working Capital
14.4.2. Organization of the Treasury Department
14.4.3. Centralized Management of the Treasury

14.5. Planning and Control of Responsibility Centers

14.5.1. Design of a Management Control System
14.5.2. Deviations in Management Control

14.6. The Strategic Planning and Formulation Process

14.6.1. Formulation and Content of the Strategic Plan
14.6.2. Balanced Scorecard
14.6.3. Terminology and Basic Concepts

14.7. Organizational Planning

14.7.1. Business Units and Transfer Pricing
14.7.2. Manufacturing, Production, Support and Sales Centers
14.7.3. Roles and Responsibilities of the Financial Management

14.8. Indicators as a Control Tool

14.8.1. Control Panel
14.8.2. Number and Format of the Indicators
14.8.3. Strategic Planning

Module 15. Banking and Financial Markets

15.1. The Economic Environment and Financial Markets

15.1.1. Measuring Financial Activity
15.1.2. Main Financial Aggregates
15.1.3. Markets and the Control of Financial Flows
15.1.4. The Current Financial Crisis

15.2. Banking Management

15.2.1. Securitizations
15.2.2. Derivatives and Structured Products
15.2.3. Syndicated Financing
15.2.4. Study of the Profitability Obtained

15.3. Financial Instruments and Markets

15.3.1. Fixed Rent Valuation and Pricing
15.3.2. Variable Rent
15.3.3. Derivatives
15.3.4. Investment Funds

15.4. Financial Analysis and Planning

15.4.1. Analysis of the Balance Sheet
15.4.2. Analysis of the Income Statement
15.4.3. Profitability Analysis

15.5. Financial Products

15.5.1. Public Fixed and Varied Income Assets
15.5.2. Equity Assets
15.5.3. Derivative Financial Products
15.5.4. Structured Financial Products

15.6. Collective Investment

15.6.1. Collective Investment Financial Products
15.6.2. Collective Investment on an International Level

15.7. Portfolio Management

15.7.1. Portfolio Theory
15.7.2. Management Styles for Fixed and Variable Rent
15.7.3. Mixed Portfolio Management Styles
15.7.4. Asset Allocation Techniques

15.8. Private Bank

15.8.1. Private Banking or Wealth Management
15.8.2. Retail Investment or Institutional Investment
15.8.3. Differential Assets and Structures

Module 16. Financial Risk and Corporate Finance

16.1. Financial Management and Corporate Finance 

16.1.1. Business Management and Value Creation
16.1.2. Capital Structure and Financial Leverage
16.1.3. Weighted Average Cost of Capital
16.1.4. Capital Asset Pricing Model and Other Models

16.2. Company Valuation Methods

16.2.1. Dividend Discount
16.2.2. Flow Discounting
16.2.3. Comparable Multiples

16.3. Corporate Operations

16.3.1. Mergers
16.3.2. Acquisition
16.3.3. Mergers and Acquisitions
16.3.4. Tax Regime for Restructuring Operations

16.4. Studying Other Types of Companies

16.4.1. Unlisted Companies
16.4.2. SMEs
16.4.3. Family Businesses
16.4.4. Foundations and Non-Profit Organizations
16.4.5. Social Economy Enterprise

16.5. Strategy and Risk Control 

16.5.1. Management Control Systems
16.5.2. Risks and Internal Control
16.5.3. Review and Audit of the Control System
16.5.4. Financial Risk Management

16.6. Risk, Profitability and Indebtedness

16.6.1. Economic Profitability and Financial Profitability
16.6.2. Financial Profitability and Indebtedness
16.6.3. Risk and Profitability

16.7. Sources of Financing

16.7.1. Bank Financing
16.7.2. Issuance of Debentures and Securitization of Assets
16.7.3. Private Equity and Venture Capital
16.7.4. Subsidies and Fiscal Support

16.8. Corporate Transactions and Bankruptcy

16.8.1. Declaration of Bankruptcy and its Effects
16.8.2. Settlement and Liquidation Phases
16.8.3. The International Tender
16.8.4. Scoring the Tender
16.8.5. Conclusion and Reopening of the Tender

Module 17. Feasibility of the Research Project

17.1. Investments in Companies

17.1.1. Concept and Classification
17.1.2. Stages of the Study in Investment Projects
17.1.3. Investment as a Financial Transaction

17.2. Economic Valuation Methods

17.2.1. Payback Period
17.2.2. Total and Average Cash Flow per Committed Monetary Unit
17.2.3. Net Present Value and Internal Rate of Return
17.2.4. Discounted Payback Period and Rate of Return
17.2.5. Expected NPV return

17.3. Cost of Capital

17.3.1. Cost of External Resources
17.3.2. Cost of Preferred Stock
17.3.3. Calculation of the Cost of Equity
17.3.4. Calculation of the Total Cost of Capital

17.4. Investment Diagnosis, Planning and Control

17.4.1. Financial Planning
17.4.2. Real Estate Planning
17.4.3. Tax Planning

17.5. Technical and Fundamental Analysis 

17.5.1. Definition and Scope of Application
17.5.2. Study of Graphics and Trends
17.5.3. Sector and Stock Market Research in Fundamental Analysis
17.5.4. Ratios and Fundamental Analysis

17.6. Investment Analysis in a Risk Environment

17.6.1. Adjustment of the Discount Rate
17.6.2. Reduction of Cash Flows to Certainty Conditions
17.6.3. Scenario Simulation

17.7. Cash Flows in Investment Projects

17.7.1. Financial Modeling
17.7.2. Creating Cash Flows
17.7.3. Analysis of Working Capital Cash Flows
17.7.4. Tax and Inflation

17.8. Stock Market

17.8.1. Companies' Access to the Stock Market
17.8.2. The Functioning of International Stock Exchanges
17.8.3. Stock Market Indexes

Module 18. Ethical-Legal-Fiscal

18.1. Corporate Practice

18.1.1. Structural Corporate Modifications
18.1.2. Dissolution, Liquidation and Insolvency Proceedings
18.1.3. General Meeting and Board of Directors

18.2. Tax Practice

18.2.1. Analysis of Corporate Tax Obligations
18.2.2. General Tax Legal Framework
18.2.3. Reports on the Review of Administrative Acts

18.3. Labor Relations Practice

18.3.1. Hiring Policy and Compensation Policy
18.3.2. Corporate Restructuring and Succession
18.3.3. Dismissals and Severance Payments
18.3.4. Social and Occupational Non-Compliance
18.3.5. Collective Bargaining

18.4. Corporate Income Tax

18.4.1. Applicable Regulations
18.4.2. Discrepancies Between Accounting and Tax Regulations
18.4.3. Special Regimes

18.5. Value Added Tax

18.5.1. Applicable Regulations
18.5.2. Place of Realization of the Taxable Event, Accrual and Taxable Base
18.5.3. Tax Rates
18.5.4. Special Regimes

18.6. Finance and Responsible Investment

18.6.1. Financial Inclusion
18.6.2. Sustainability and the CFO's Responsibility
18.6.3. Transparency in Information
18.6.4. Responsible Financing and Investment
18.6.5. Social Economy, Cooperativity and Corporate Social Responsibility

18.7. Business Ethics

18.7.1. Ethical Behavior in Companies
18.7.2. Deontology and Ethical Codes
18.7.3. Fraud and Conflicts of Interest

18.8. Legal Environment and Corporate Governance 

18.8.1. International Import and Export Standards
18.8.2. Intellectual and Industrial Property
18.8.3. International Labor Law

Module 19. International Finance

19.1. Business & International Strategy 

19.1.1. Internationalisation
19.1.2. Globalization
19.1.3. Growth & Development in Emerging Markets
19.1.4. International Monetary System

19.2. Foreign Exchange Market

19.2.1. Foreign Exchange Transactions
19.2.2. The Forward Foreign Exchange Market
19.2.3. Derivative Instruments for Hedging Foreign Exchange and Interest Rate Risks
19.2.4. Currency Appreciation and Depreciation

19.3. International Payment and Collection Methods

19.3.1. Bills, Personal Check and Bank Check
19.3.2. Transfer, Payment Order and Remittance
19.3.3. Documentary Clauses and Credits
19.3.4. Factoring, International Swap and Other Means

19.4. Financing Operations in International Markets

19.4.1. Incoterms
19.4.2. Derivative Instruments to Hedge Possible Fluctuations in the Price of Raw Materials
19.4.3. Export Credits with Official Support
19.4.4. Hedging with Swap Contracts
19.4.5. The OECD Consensus

19.5. International Financial Institutions

19.5.1. The Fund for the Internationalization of the Company
19.5.2. The World Bank Group
19.5.3. The Inter-American Development Bank
19.5.4. The Caribbean Development Bank

19.6. Formation of Exchange Rates

19.6.1. Interest Rate Parity Theory
19.6.2. Theory of Exchange Rate Expectations
19.6.3. Purchasing Power Parity (PPP) Theory
19.6.4. Capital Market Balance

19.7. Debt Conversion Programs

19.7.1. Legal Framework
19.7.2. Operation
19.7.3. Conversion of Debt into Public Investments
19.7.4. Conversion of Debt into Private Investments

19.8. International Stock Market

19.8.1. Wall Street Market (New York)
19.8.2. Gold Market
19.8.3. World External Debt
19.8.4. Paris Club
19.8.5. ADR and GDR Securities Market

Module 20. Creating and Financing Start-Ups

20.1.  Creation of a Start-Up

20.1.1. From the Idea to the Business Model
20.1.2. Partners
20.1.3. Legal Considerations
20.1.4. Organization and Culture
20.1.5. Venture Capital and Entrepreneurial Management

20.2. Financial Management and Administration of Start-Ups

20.2.1. Introduction to Financial Management in Start-Up Companies
20.2.2. Financial Metrics for Start-Ups
20.2.3. Financial Planning: Projection Models and Their Interpretation
20.2.4. Valuation Methods
20.2.5. Legal Aspects

20.3. The Business Plan

20.3.1. Contents
20.3.2. Introduction
20.3.3. SWOT
20.3.4. The Canvas Model

20.4. Growth Phases in Start-Up Companies

20.4.1. Seed Phase
20.4.2. Start-Up Phase
20.4.3. Growth Phase
20.4.4. Consolidation Phase

20.5. Financing Start-Ups

20.5.1. Bank Financing
20.5.2. Subsidies
20.5.3. Seed Capital and Accelerators Business Angels
20.5.4. Venture Capital. IPO
20.5.5. Public to Private Partnership

20.6. National and International Venture Capital and Seed Capital Entities

20.6.1. National and International Venture Capital Entities
20.6.2. Private Investors: Caixa Capital Risc. Bstartup
20.6.3. FOND-ICO Global
20.6.4. Accelerators: Wayra, Lanzadera and Plug & Play

A unique, key and decisive educational experience to boost your professional development and make the definitive leap"