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BUS 01: BUSINESS MAKEOVER
Whether starting a new business or trying to rejuvenate and existing one, Business plans provide a necessary document to map out the direction to be taken by the enterprise. This course provides an introduction to business plan development and is aimed at the Small Business Owner or entrepreneur or for Women and Youth groups applying for funds from Banks, the Women or the Youth Enterprise funds. The course provides a hands-on approach to the development of business plans as well as basics on budgeting
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BUS 02: ADVANCED BUSINESS MAKEOVER
Whether starting a new business or trying to rejuvenate and existing one, Business plans provide a necessary document to map out the direction to be taken by the enterprise. Business plans are dynamic documents that are constantly updated to take into account changing conditions and therefore serve as a mandatory tool to monitor and evaluate how a business is doing based on previous projections and targets. Most business operate without a business plan and as a result are unable to have all employees following a shared vision. This course provides a hands-on approach to the development of business plans. During the course numerous sample plans are provided and discussed.
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BUS 03: FINANCE FOR NON-FINANCE MANAGERS
It is evident that allocation of resources and finances now requires prudent financial management, transparency and disclosure of information. The implementation of financial management reforms faces enormous challenges that require building capacity to re-engineer financial management. The world of enterprise is characterized by a competitive struggle for existence - resources are finite, needs are infinite, and the economic question is about priorities. It is with this in mind that there is therefore the need for every manager to have basic knowledge in financial management to ensure that the resources of the firm are prudently managed.
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BUS 04: FINANCIAL ANALYSIS AND VALUATION OF INVESTMENTS
Investments mean the sacrifice of current shillings for future shillings. Financial investments represent investments in intangible assets whose future benefit comes in the form of a claim to future cash. The decision surrounding investments are more often than not tough choices. Any one doubting this should recall the sub prime mess in the US. One would wonder how world giants such as could preside over loss of billions of dollars in what has been described as an exaggerated emphasis on the stock market that treats market capitalization as the key metric even though it represents only paper value. Others thought it was a simple case of limitless greed. This makes you see why in investment, things can go wrong any moment. The Kenyan investor though facing different market fundamentals would principally encounter more or less the same challenges. How can investment analysis knowledge help? What went wrong at Safaricom Ltd. to see share prices tumble to below the IPO price when this was touted as a highly discounted price for the Wanjikus in a year when most players in the financial sector in Kenya were registering stellar growth? In the hands of a successful money manager, your portfolio never 'sleeps.' First, the two of you devise a long-term strategy. And then, the real work begins.
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BUS 05: FINANCIAL MANAGEMENT IN THE PUBLIC SECTOR
It is evident that allocation of resources and finances now requires prudent financial management, transparency and disclosure of information. The implementation of financial management reforms faces enormous challenges that require building capacity to re-engineer financial management. Finance managers need to balance four main objectives in meeting government demands for efficiency and effectiveness:
- Delivering value through effective financial management and efficient use of funds
- Achieving financial management excellence through efficient and effective processes and controls
- Identifying, anticipating and mitigating risks
- Developing and maintaining governance
The course aims to build our basic skills in ensuring that public sector financial management brings out the best in resource utilization.
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