Professional Certificate Course in Exploring the Concept of Working Capital Management

The programme is available in 2 duration modes:

2 months (Standard mode)

1 month (Fast-track mode)

Online

In order to apply you should have either:

The program operates on an open enrollment basis, and there are no specific entry requirements. Individuals with a genuine interest in the subject matter are welcome to participate.

1. Introduction to Working Capital Management:

   • Definition and importance of working capital in business operations
   • Overview of key components of working capital: cash, inventory, accounts receivable, and accounts payable

2. Analyzing Working Capital Metrics:

   • Understanding financial ratios and metrics used in working capital management
   • Calculation and interpretation of metrics such as current ratio, quick ratio, and cash conversion cycle

3. Cash Flow Management:

   • Techniques for managing cash flow effectively
   • Cash flow forecasting, budgeting, and strategies to improve cash inflows and control outflows

4. Inventory Management:

   • Inventory control methods and techniques
   • Determining optimal inventory levels, order quantities, and safety stock

5. Accounts Receivable Management:

   • Strategies for efficient management of accounts receivable
   • Credit policies, collection techniques, and managing customer credit risk

6. Accounts Payable Management:

   • Optimizing accounts payable processes
   • Negotiating payment terms, vendor management, and cash flow considerations

7. Working Capital Optimization:

   • Strategies to optimize working capital and improve liquidity
   • Analyzing the cash conversion cycle and identifying areas for improvement

8. Working Capital Forecasting and Planning:

   • Techniques for forecasting working capital requirements
   • Developing working capital budgets and plans for future periods

9. Working Capital and Financial Decision Making:

   • The impact of working capital on financial decision making
   • Evaluating investment opportunities, financing options, and working capital considerations

10. Risk Management in Working Capital:

    • Identifying and mitigating risks associated with working capital management
    • Implementing risk management strategies to protect liquidity and minimize financial risks

Assessment is via assignment submission

The fee for the programme is as follows:

1 month (Fast-track mode) - £140

2 months (Standard mode) - £90

Please find below available fee payment plans:

1 month (Fast-track mode) - Fee £140

• This program is not intended to replace or serve as an equivalent to obtaining a formal degree or diploma. It should be noted that this course is not accredited by a recognised awarding body or regulated by an authorised institution/ body.