Lecture Notes on Financial Planning

CONTENT
• Introduction
• Budget o Business start-up budget o Corporate budget o Event management budget o Government budget
 United States
 United Kingdom o Personal or family budget o Budget types
• Financial Planning an Overview o Planning o Service Overview o superannuation o Taxation Planning o Succession Planning o Estate planning financial planning industry o Fundamental Principles of Wealth and Resources
• Basic Financial Concept
• Personal Finance
• Public Finance o The Economic Basis of Government Activity o Efficiency o Externalities and Government Activity o Public Goods o Public Choice and the Political Process o Government Expenditures o Income Distribution o Financing o Taxes o Debts

• Corporate finance o Capital investment decisions o The investment decision o Estimating the present value of future cash flows o Estimating the value of options o Using real option valuation o The financing decision o The divided decision o Working Capital management o Relationship with other areas in finance o Arbitrage o Default
• Discounted cash flow
• Financial capital o Funding
• Entrepreneur o Entrepreneurship
• Fixed income analysis
• Gap financing
• Hedging o Hedge o Hedger
• Interest rate o Risk free interest rate o Term structure of interest rates o interest o effective interest rate o nominal interest rate o interest rate basis o Fisher equation
• Crowding Out o annual percentage rate
• Investment o Foreign direct investment o Over-investing
• Leverage
• Locked-in value
• Long
• Liquidity
• Margin account
• Margin call
• Mark to future
• Mark to market
• Market Impact
• Medium of exchange
• Money
• coin o banknote o counterfeit
• Portfolio o Modern portfolio theory
• Reference rate o Reset
• Risk o Value at Risk o Risk management
• Scenario analysis
• Short selling
• Speculation
• Day trading
• Behavioral Finance
• Position trader
• Spread
• Standard of deferred payment
• Store of value
• Time horizon
• Time value of money o Discounting o Present