Financial Management Virtual Short Course: 7th Meeting

Financial Management Virtual Short Course: 7th Meeting. Financial Management Virtual Short Course is one of mobility programs organized by Master of Management Study Program-Telkom University to facilitate students on the program of Kampus Merdeka Belajar. This Virtual Short Course in Financial Management welcomes Master Management from Indonesian universities as well as universities abroad. Since it is a credit program, participants who join full courses (14 meetings) will be granted with a total equivalent of 3 credits. Generally, in Financial Management program, students are expected to learn to understand the basics of corporate financial management and make the right decisions to increase the value of the corporation. In order to support an interesting and creative learning process, this Financial Management Program is also equipped with the concepts of project-based assignment and case-based assignment.

This Virtual Short Course in Financial Management has been being implemented since last month. Yesterday evening (11/10/2021), the 7th meeting of the Virtual Short Course in Financial Management ran smoothly by inviting the guest lecturer from Multimedia University Malaysia, Dr Noor Ashikin Mohd Rom. From Dr. Ashikin lectures, the participants received many inputs about Working Capital Management part of Financial Management, including:

1. Working-Capital Management and the Risk-Return Tradeoff
2. Working-Capital Policy
3. Operating and Cash
4. Managing Current Liabilities
5. Managing the Firm’s Investment in Current Assets

Financial Management 7^th Meeting Highlights

According to Dr. Ashikin, talking about Financial Management, Working Capital is a result from current assets which is reduced by current liabilities. It measures how much in liquid assets a company has available to build its business. Positive working capital is required to ensure that a firm is able to continue its operations and that it has sufficient funds to satisfy both maturing short-term debt and upcoming operational expenses. The management of working capital involves managing inventories, accounts receivable, accounts payable and cash.

Dr. Ashikin also talked about principle of working capital management in the 7^th meeting of Financial Management Class. The fundamental principle of working capital management are reducing the capital employed and improving efficiency in the areas of receivables, inventories and payables.

To be more engaged with the participants, Dr. Ashikin in the 7^th meeting of Financial Management Class, also employed discussion session through some cases sourced both from video and practical cases. The class of Financial Management, of course, turned interactive since all participants actively involved in the discussion and practice session.

Wanna know other interesting topic of the Virtual Short Course in Financial Management? Don’t miss the 8^th meeting of Financial Management, on the topic of “Capital Structure and Leverage”. See you!(IO)***