Finance & Taxation

ACCA – Advanced Financial Management (AFM)

This course provides in-depth knowledge and skills in advanced financial management. Ideal for finance professionals looking to enhance their strategic decision-making capabilities.

Strategic financial management and value creation — developing financial strategy, corporate valuation, and long-term decision frameworks to drive shareholder value. Advanced investment appraisal and financing techniques — applying capital budgeting, real options, project appraisal, and optimal financing structures for complex investments. Financial risk management and treasury operations — identifying, measuring and managing market, credit and liquidity risk using hedging, derivatives and treasury best practices.

4.9

Program rating

1,937+

Learners enrolled

70 hrs

Total duration

English,Hindi

Language

This program includes

Live, mentor-led classes Recognized certificate Placement support Hands-on projects Lifetime access

ACCA – Advanced Financial Management (AFM)

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Program overview

About this program

This Finance & Taxation program blends live, mentor-led sessions with hands-on projects and real-world case studies, so you build genuinely job-ready skills — not just theory. You'll learn from working industry experts, apply what you learn on practical assignments, and finish with a portfolio, a recognized certificate, and dedicated placement support to help you land the right role.

This course provides in-depth knowledge and skills in advanced financial management. Ideal for finance professionals looking to enhance their strategic decision-making capabilities.

The ACCA Advanced Financial Management (AFM) course is designed to equip finance professionals with the necessary tools for effective financial management in an organization. The course covers topics such as financial strategy, risk management, and advanced investment appraisal techniques. Through a combination of theoretical concepts and practical applications, participants will learn how to critically evaluate financial performance and make informed decisions.

Why learners love this program

Strategic financial management and value creation — developing financial strategy, corporate valuation, and long-term decision frameworks to drive shareholder value.
Advanced investment appraisal and financing techniques — applying capital budgeting, real options, project appraisal, and optimal financing structures for complex investments.
Financial risk management and treasury operations — identifying, measuring and managing market, credit and liquidity risk using hedging, derivatives and treasury best practices.

Lectures

Hours

All level

Level

Globally trusted accreditations

Recognitions that power your profile

Trusted by leading accreditation bodies — so your certificate is respected by employers worldwide.

Learning outcomes

What you'll be able to do

Apply advanced investment appraisal techniques (including adjusted present value, real options, scenario and sensitivity analysis) to evaluate complex capital projects.

Assess and determine optimal financing strategies and capital structure decisions to maximise firm value under varying market conditions.

Estimate and interpret the cost of capital for projects and firms, including WACC adjustments for gearing and project-specific risk.

Evaluate corporate valuation methods (discounted cash flow, relative valuation, excess earnings) and apply them to mergers, acquisitions and disposals.

Design and implement risk management strategies using derivatives (forwards, futures, options, swaps) to hedge interest rate, currency and commodity exposures.

Critically appraise corporate financing options (equity, debt, hybrids, project finance and leasing) and their impacts on corporate flexibility and risk.

Develop and optimise treasury and working capital management policies to maintain liquidity and improve cash conversion cycles.

Apply advanced performance measurement and value-based management techniques, including EVA and other economic metrics, to assess financial performance.

Evaluate international financial management issues, including foreign exchange exposure management, cross-border financing and political risk considerations.

Formulate strategic decisions for mergers & acquisitions, including deal structuring, financing choices, due diligence and post-acquisition integration planning.

Integrate ethical considerations and corporate governance principles into financial decision-making to align stakeholder interests and regulatory compliance.

Communicate complex financial analysis and strategic recommendations clearly and persuasively to non-financial stakeholders to support informed decision-making.

Curriculum

Structured modules that build real skills

17 modules · designed for progressive, hands-on learning.

Key Concepts and Scope

Explain the principal concepts and scope of advanced financial management and how they apply to organisational decision-making.

2.00 hrs

Role of the Financial Manager

Describe the responsibilities of the financial manager and how advanced techniques support strategic objectives.

2.00 hrs

Strategic Frameworks

Introduce strategic frameworks used to align financial strategy with overall business strategy.

2.00 hrs

Value Creation and Shareholder Wealth

Explain how financial strategy drives value creation and the measures used to assess shareholder wealth.

2.00 hrs

Policy Formulation

Describe the process of formulating financial policies including dividend, investment and financing policies.

2.00 hrs

Performance Targets and KPIs

Define key performance indicators and targets that support implementation and monitoring of the financial strategy.

2.00 hrs

Time Value of Money and Cash Flows

Apply time value of money concepts and construct cash flow profiles for investment projects.

2.00 hrs

Net Present Value and Internal Rate of Return

Calculate and interpret NPV and IRR to support investment decision-making.

2.00 hrs

Project Selection and Sensitivity Analysis

Use sensitivity and scenario analysis to assess project robustness and support selection among alternatives.

2.00 hrs

Real Options and Risk-adjusted Discount Rates

Explain real options valuation and the use of risk-adjusted discount rates in uncertain investment appraisal.

2.00 hrs

Portfolio-level Appraisal and Capital Rationing

Evaluate investment decisions at the portfolio level and apply capital rationing techniques for optimal selection.

2.00 hrs

Types of Financial Risk

Identify and classify financial risks including market, credit, liquidity and operational risks.

2.00 hrs

Risk Assessment Frameworks

Apply frameworks to assess and prioritise risks relevant to financial decision-making.

2.00 hrs

Hedging and Derivatives

Describe hedging strategies using derivatives and evaluate their effectiveness in risk mitigation.

2.00 hrs

Value at Risk and Scenario Analysis

Apply VaR and scenario analysis techniques to quantify potential losses and stress-test portfolios.

2.00 hrs

Cost of Capital and Capital Structure Theory

Explain cost of capital components and capital structure theories that influence financing choices.

2.00 hrs

Taxation and Agency Effects

Assess the impact of taxation and agency costs on optimal capital structure decisions.

2.00 hrs

Equity and Debt Instruments

Compare features, advantages and implications of different equity and debt financing instruments.

2.00 hrs

Hybrid Financing and Leasing

Evaluate hybrid financing options and leasing as alternatives to traditional debt and equity.

2.00 hrs

Financial Ratios and Economic Profit

Use advanced financial ratios and economic profit measures to evaluate organisational performance.

2.00 hrs

Balanced Scorecard and Non-financial Metrics

Integrate non-financial metrics with financial measures using the balanced scorecard approach.

2.00 hrs

Trend and Variance Analysis

Perform trend and variance analysis to interpret performance movements and drivers.

2.00 hrs

Benchmarking and Peer Comparison

Apply benchmarking techniques for peer comparison and identify areas for performance improvement.

2.00 hrs

Budgeting Approaches and Process

Explain different budgeting approaches and design a budgeting process aligned with strategic goals.

2.00 hrs

Forecasting Drivers and Assumptions

Identify key drivers and assumptions in forecasting and assess their influence on financial plans.

2.00 hrs

Rolling Forecasts and Scenario Planning

Implement rolling forecasts and scenario planning to maintain agility in financial planning.

2.00 hrs

Forecasting Models and Software Use

Apply quantitative forecasting models and appropriate software tools to generate reliable projections.

2.00 hrs

Professional Ethics and Governance

Explain the role of professional ethics and corporate governance in financial decision-making.

2.00 hrs

Ethical Dilemmas and Decision-making

Analyse common ethical dilemmas faced by finance professionals and apply frameworks for resolution.

2.00 hrs

Valuation Methods for M&A

Apply valuation methods used in M&A including DCF, multiples and comparable transactions.

2.00 hrs

Due Diligence and Deal Valuation Adjustments

Conduct financial due diligence and make valuation adjustments to reflect deal-specific risks.

2.00 hrs

Financing and Deal Structuring

Design financing structures and consider tax and regulatory implications for M&A deals.

2.00 hrs

Post-merger Integration and Synergy Realisation

Plan integration activities and evaluate how synergies can be realised and measured post-transaction.

2.00 hrs

Summary of Key Takeaways

Summarise the course's core concepts and how they integrate to support advanced financial management.

2.00 hrs

Emerging Trends and Continuing Professional Development

Identify emerging trends in financial management and outline steps for continuing professional development.

2.00 hrs

Your credential

The certificate you'll earn

Earn an industry-recognized certificate on successful completion of this program.

ACCA – Advanced Financial Management (AFM) certificate

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Reviews

What our learners say

Advanced Financial Management improved my understanding of valuation and international finance. Regular case practice helped me structure long answers effectively.

IBIshaani Bhandari

Learning advanced financing strategies helped me see corporate decision-making from a strategic angle. AFM preparation felt structured and professional.

PMPrisha Mahajan

ACCA Advanced Financial Management helped me understand strategic financial planning clearly. Working on mergers and acquisitions cases improved my analytical thinking.

APAaradhya Puri

AFM preparation clarified international finance and foreign exchange risk management concepts. Working through integrated scenarios strengthened my judgement skills.

AKAariz Khan

AFM preparation strengthened my understanding of risk management and mergers. Analysing advanced case studies helped me develop a professional approach to financial decision-making.

IMIvaan Maheshwari

ACCA Advanced Financial Management helped me understand complex investment and financing decisions at a strategic level. Working on international business finance scenarios improved my analytical depth significantly.

ACAviraj Chaturvedi

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