Question

Which of the concepts / topics that we discussed in Financial Management course do you believe will be the most useful for you over your career? Justify your answer. 

Answer 1

There are three major topics / concepts that I believe will stay with me and help me the most in my career. I am looking for an analyst role in a corporate. The ceoncepts that would help:

• Time value of money: This is probably the simplest yet most valuable concept that I have learnt. My career is going to test me on this concept for a majority period of time. This concept improved my understanding of risk and return. The concepts of NPV, IRR and capital budgeting will definitely go a long way in shaping my career in the corpoirate fiannce team of a conglomerate. Based on this concept, I will be able to suggest to my counterparts, which project to undertake and which ones to reject. I believe I will be able to contribute to the role of a finance manager to add shareholders value.
• The concept of equity valuetion is another area that I believe I will like to work on in my career. This topic enriched my understanding of the stocks, their valuation methodology and added to my exisiting knowledge of trading. The concept of equity valuation had intrigued me since beginning. This course on Financial Management has gone a long way in crystallizing this topic in my mind. I have always wondered how leading equity analysts manage to get paid so well. I can now appreciate the rigor they all would have gone through in their career to get what they are getting now. So, I strongly believe this topic is going to be highly helpful in my life.
• Last but not the least, the theories of capital structure have given a direction to the way I used ti think about the capital. This topic will help me a long way in suggesting the right capital, capital mix for my firm. Not only in my corporate career, this topic is going to help me in my personal life as well.