The outlined learning outcomes address key necessities in financial education. They enable participants to conduct in-depth financial analyses through ratio analysis, ensuring a comprehensive understanding of liquidity, profitability, and solvency. With a focus on debt management, learners gain insights into different debt types, optimal levels, and effective strategies, promoting financial stability while leveraging debt for growth. The integration of these skills equips participants to make well-informed decisions that align with organizational objectives, balancing risk and return. Additionally, the program emphasizes proactive risk assessment and mitigation, effective communication of financial insights, and a continuous improvement mindset, ensuring participants stay ahead of industry changes and contribute to sustained organizational success.
Economics is an integral part of our daily lives, often influencing our financial decisions and shaping our future. This multidisciplinary field studies how people use their limited resources to try to fulfil unlimited wants and it involves alternatives or choices. From budgeting and investment choices to retirement planning and risk management, the principles of economics through its disciplines of microeconomics and macroeconomics provide individuals with tools to navigate the complex financial landscape. The subject is rarely taught deeply in any financial planning course or training, but it is inevitable for financial planners to master the knowledge to explain the influence of economic theories, from mainstream to heterodox economics, that can empower people to make informed financial decisions. Therefore, this course is specially created with the sole motive that through this workshop, the participants will be able to explore how economics subject has played a crucial role in our financial planning practice. Thus, it eventually improves our practice competency to provide sound financial advice to clients.
Risk Management in personal financial planning involves identifying, assessing, and mitigating potential financial risks to safeguard one’s financial well-being. This includes understanding and managing risk related to income fluctuations, market volatility, unexpected expenses, medical and other unforeseen events. By proactively addressing potential risks, individuals can enhance financial resilience and achieve their long-term financial goals.
China’s reopening story fizzled out with the Hang Seng Index slipping into bear market and the Chinese yuan fell to its lowest level in 16 years in August 2023 with the second largest economy in the world facing a deep real estate crisis threatening the possibility of a systematic risk happening. To make things worse, not only growth is stalling, consumer prices are also falling and the youth unemployment has risen so much that the Chinese government decided to stop publishing this data.
Globally, core inflation remains stubbornly high in many parts of the world and is one of the key economic data hurting global growth and with China slowing down, is there going to be a global recession in 2024?
In 1974, Saudi Arabia priced its oil exclusively in US dollars in exchange for security guarantees from the United States. This petro-link is one of the pillars on which the US dollar rests as the world’s primary reserve currency today. During the 2023 World Economic Forum in Davos, Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan, stunned reporters when he expressed that the oil-rich nation was open to trading in currencies beside the U.S. dollar for the first time in 48 years. Is this the beginning of de-dollarisation?
This course will analyse key global economic data and the consequences of a global economic slowdown on various countries and asset class besides analysing the possibility of de-dollarisation.
It is important to review budget changes yearly. While tax is an imposition by the government, there are always possibilities to arrange your tax affairs in such a way as to attract the least amount of tax. This one-day program will highlight the recent budget amendments and also provide a platform to discuss tax planning ideas that will contribute immensely to wealth maximization. Taxation pervades the four pillars of financial planning – wealth accumulation, protection, preservation, and distribution. Every financial service professional should be adept at taxation, both the law and the planning opportunities.