Profitability, Shareholders & Assets for Financial Services Synopsis
To ensure supervisors understand the “financial fundamentals” of managing a business, including their key role in cost control and asset management. Particular emphasis is placed on shareholder expectation and the influence of the South African economy on the financial services sector.
Module A: Income, Costs & Profits
The Meaning and Measurement of Profit in Financial Services
Distribution of Profit
Investment Income and Premium Income
Supply and Demand in an Open Financial Market
Discussion Questions and Case Studies
Module B: Assets of the Business
Measurement of Asset Utilisation in Financial Services
Classifications of Assets on the Financial Services Balance Sheet
Measurement of Returns
Return on Investment; Performance Measurement for everybody
Case Studies, Revision Quiz and Discussion Questions
Module C: Shareholders
What Shareholders have the right to expect; Creating Shareholder Wealth; Measuring Shareholder Returns
Earnings per share; Dividends per share; Return on equity and Dividend cover
Discussion Questions; Case Studies
Module D: The South African Economy
Monetary and Fiscal Policy; Exchange Rates; Repo Rate; Discount Rates; Balance of Payment; Capital Account and Current Account
Measuring Economic Growth Rates. The effect of the economy on the Financial Services Sector
A two hour business simulation game which reviews and summarises the entire content of the programme in a competitive, real-life performance situation, high activity and good fun.
The following modes of instruction are used to ensure a stimulating and effective learning experience:
Input from course facilitator
Easy to read programmed text
Company related group discussion questions
Case studies and revision quizzes
In company application project and presentation
Course duration is two days. Further programmes can be conducted by licenced instructors on a modular basis.
FOR WHOM INTENDED
The Profitability, Shareholders and Assets for Financial Services programme is designed for supervisory management and requires that delegates be literate and numerate to a minimum level of Grade 12.