The document describes a Certified Financial Manager Certificate issued by the American Academy of Financial Management (AAFM). The AAFM is a worldwide financial professional organization that offers several industry-recognized graduate designations to qualified professionals. The 150-hour certificate program covers topics like financial management, accounting, quantitative techniques, international business and finance, portfolio management, and risk management. Upon successful completion of the program and final exam, participants will receive a certificate issued by the AAFM and accredited by the International Board of Standards.

1. Certified Financial Manager
Certificate issued by the American Academy of Financial Management - AAFM
Accredited by the International Board of Standards - IBS
AAFM The American Academy of Financial Management™ is a worldwide Board of Standards and
financial professional organization, with members in 150+ countries offering our exclusive certified
designations, charters, and masters certification to candidates who meet the high standards. As for recognized
training, AAFM™ Board of Standards approves and recognizes the top 560+ accredited business schools, law
schools and programs around the world. If you desire to be recognized by our worldwide academic and
professional organization and improve your education, resume, or credentials, then, you are taking the best
step to a better career and achieving graduate financial designations. You can gain board certification and a
charter as a financial professional, wealth manager, market analyst, financial and investment planner, asset
manager, trust and estate planning analyst, or economist. AAFM™ offers several industries recognized
graduate designations to qualified professionals.

2. Introduction
Financial management concerns with planning, organizing, directing and controlling the
financial activities in order to obtain the necessary funding for the implementation of the
current and future projects of the organization, in parallel with using available funding
optimally, through managing them successfully, which requires the implementation of
rigorous scientific approach of managing financial resources in the organization in order
to achieve the short-term and long-term desired objectives of the organization.
Also, financial management focuses on general management expenses, payments, tasks
allocation of financial resources and control in order to hedge for any short or long term
financial risks. Also, financial management concerns in auditing temporary and
permanent expenses, such as salaries and insurance, and in matching what was actually
spent with the blogger expense accounting books to make sure the information is
correct. Furthermore, financial management aims to enhance the organization's earnings
and financial return of the organizations financial investments, taking into account the
risks that surround such investments when preparing its strategic plan.
The financial manager tasks are comprised of studying and anticipating the human
resources needs, preparing and discussing operating budgets, and assessing financial
performance and profitability of the organization. The financial manager plays a pivotal
role in the financial management processes and assists upper management in making
decisions that will achieve the desired goals in the organization..
Objectives:
After completion of this course, participant will be able to:
 Using the financial management and accounting skills and costs.
 Studying the needs of financial institutions and planned efficiently.
 Choosing the best opportunities to deal with various banks and financial markets.
 Understanding the fundamentals of budgets preparation and their advantages and
disadvantages and the most prominent problems.
 Studying the funding sources and different kinds of cash flows and the different ways
of invest.
 Studying business accounts for organizations to identify and understand the sources
of their financial positions.
 Understanding the types of costs, statements of income, and costs finance, and the
value chain.
 Studying and analyzing financial statements, capital structure, profitability ratios, and
stocks exchange.
 Understanding the stages of capital budgets, inflation, types of risks, and pricing.
 Estimating the cost and analyzing the break-even point.
 Assessing stocks and evaluating of companies and the business sector.
 Addressing the risks in the business assessment and risk analysis.
 Taking decisions of short-term funding.
 Using tools and methods of financial planning, and preparing the expected financial
statements.
 Using tools and techniques of financial analysis, and assessing the decisions of
investment and financing outcomes.
Who Should Attend:
Certified Financial Manager Certificate considered one of most important certification
awarded by the American Academy of Financial Management in cooperation with the
Efficiency Training Institute in the Sultanate of Oman. This Certificate is designed for
financial managers, financial departments and sections heads, candidates for such jobs,
and for those wishing to develop their skills in the area of financial management and
learn the latest scientific methods to overcome the financial problems of the
organizations.
Eligibility
Prospective participants must meet ONE of the following criteria: University Degree or
equivalent OR Diploma with more than 5 years of experience; OR Demonstrate through
a phone or in-person consultation that they have appropriate skills to undertake the
course.
Duration
The duration of the program shall be for six weeks. Each working day shall consist of
four hours of theory and Practical Work (Morning or Evening) ,with number of hours at
least 150 hours.
Exams
Candidates will be required to pass final exam, Candidates will need to achieve a 50
percent mark or above to pass the exam, the exam is held at efficiency training Institute
Certificate
On successful completion of the program, and having passed the exam, successful
participants will receive a Certificate issued be American Academy of Financial
Management - USA, credited by International Board of Standards (IBS)

3. 1. Fundamentals of Finance and Financial Markets
Overview of financial markets and its need
Money Market and Capital Market
Corporate Debt Market
Mutual Funds – definition, types, , etc.
Depositaries
Accounting Cycle, Journal, Ledger
International Accounting Standard,
Financial Statements of Limited Companies
Accounts, Balance Sheet and Cash Flow Statement,
Balance Score Card
Financial Statement Analysis
Environment of Business Finance, Ratio Analysis, Fund
Flow Analysis, etc.
Capital Functionary
Capital Budgeting Techniques
Financial Markets
Working Capital Management
2. Quantitative Techniques and Methods
Introduction to Quantitative Techniques
Central Tendency, Measure of Dispersion
Correlation Regression
Time Series
Probability
Sampling
Others
3. International Business and Finance
International Finance , Global Financial Environment
Understanding Financial Risk
The Foreign Exchange Market
Currency Futures and Options, Management of
Currency Exposure
Swaps
Working Capital Management
International Long Run Financing and Institutions
Foreign Direct Investment and International Capital
Budgeting
The Emerging Markets and Financial Developments
International Portfolio Investment
4. Strategic Mergers and Acquisitions
Brief Outline about Mergers, Acquisitions, Takeovers,
Tender Offers
Change Forces and Mergers, Anti-trust Policies
Deal Structure
Mergers and Takeovers – theory and practices
Alternative Paths to Growth, Valuation
Corporate Restructuring
Takeover Defenses
LBOs and MBOs, Financial Restructuring
Corporate Governance and Performance
5. International Portfolio Management
Introduction to Portfolio Management
Introduction and Importance of Investment
Security Markets: present and future
Sources of Investment Information
Analysis and Valuation of Equity Securities
economic activities, industry
Financial statement analysis
Issues in Efficient Markets
technical analysis and market efficiency
Fixed Income and Leverages Securities
Derivatives Products
6. Equity Research and Analysis
Introduction to Stock Markets both at National and
International Level
The Emerging Markets, Financial Repression and
Financial Development
Globalization and the Multinational Firm
Basics of Financial Analysis
Stock Market Operating, Working, Regulatory Bodies,
etc.
Types of Debt and Equity Instruments, Analysis of
Financial Choices and Investment Decisions
Capital Structure Analysis, Financial Health Analysis
Human Resource, Market and Technical Analysis of
Companies
Mergers, Acquisitions and Takeovers Tax Aspects
Credit Rating
Ethics in Finance and Corporate Governance
Analysis of Business Environment and Industry-wide
Analysis
7. Direct and Indirect Taxes
Concept of Taxation
Capital Gains
Income from Salaries
Income from Other Sources
Tax Authorities
8. Corporate Restructuring & Corporate Financial Services
Concept of Corporate Restructuring
Understanding Financial Statement and its Analysis
Capital Structure
Derivatives – options, futures and corporate finance
Warrants and Convertibles
Derivatives and Hedging Risk
Mergers and Acquisitions
Leverage Buy-outs and Management Buy-outs
Efficient Market Theory
Arbitrage and Price Theory
Portfolio Performance Evaluation, Analysis
Introduction to Financial Services
Asset/Fund-based Financial Services
Accounting/Reporting Framework and Taxation of
Learning
Financial Evaluation of Learning
Hire Purchase and Commercial Credit
Factoring, Forfeiting, Bill Discounting
Housing Finance
Insurance Services – Life and Non-life
Venture Capital Financing
Credit Rating
9. Derivatives Trading
Introduction to Derivatives
Futures, Mechanics of Buying and Selling Future,
Future Prices
Hedging Fundamentals
Social Benefits of Future Markets and the Role of
Speculation
The Regulation of Future Markets, Stock Index
Futures, Short and Long Term
Interest Rate Future
Foreign Currency Future
Commodity Future
The Basics of Options, Option Pricing, Applications of
Option
10. Financial Risk Management
The Need for Risk Management Systems
The New Regulatory and Corporate Environment
Structuring and Managing the Risk Management
Measuring the Risk Management
Measuring the Market Risk
Credit Rating Systems
Hedging Credit Risk
Risk Management in Non-bank Corporation
Risk Management in the Future

4. Global Certified Financial Manager
Certificate issued by the American Academy of Financial Management - AAFM
Accredited by the International Board of Standards - IBS