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ACCA AFM · Strategic Professional

B. Advanced investment appraisal

Apply advanced DCF techniques, including adjusted present value and real options. You'll also assess risk, financing effects, and sensitivity.

  • 35 lessons
  • 9 modules
  • 4.2h of video
Start the first lesson → About the ACCA AFM course

The lessons

35 lessons, module by module.

Net present value

5 lessons
  1. 1 Cashflows 6m
  2. 2 Net present value 10m
  3. 3 Annuities and perpetuities 6m
  4. 4 Inflation, taxation and working capital 13m
  5. 5 Benefits and drawbacks 2m

IRR and MIRR

2 lessons
  1. 1 IRR 8m
  2. 2 MIRR 8m

Capital rationing

2 lessons
  1. 1 Single period 8m
  2. 2 Multiple period 7m

Dealing with risk and uncertainty

3 lessons
  1. 1 Risk and uncertainty techniques 6m
  2. 2 Value at risk 5m
  3. 3 Project duration 4m

Application of option pricing theory in investment decisions

9 lessons
  1. 1 Terminology 10m
  2. 2 Drivers of option value 5m
  3. 3 Black Scholes option pricing model 11m
  4. 4 Measures of volatility 3m
  5. 5 Valuing put options 3m
  6. 6 The Greeks 2m
  7. 7 Delta and delta hedge 3m
  8. 8 Real options 6m
  9. 9 Equity and debt valuation 2m

International investment and financing decisions

3 lessons
  1. 1 Exchange rates 7m
  2. 2 Risk 3m
  3. 3 Investment appraisal 24m

Capital structure

4 lessons
  1. 1 Capital structure 15m
  2. 2 Sources of finance 7m
  3. 3 Islamic finance 8m
  4. 4 Finance for overseas projects 3m

Weighted average cost of capital

4 lessons
  1. 1 WACC 3m
  2. 2 Cost of equity 16m
  3. 3 Cost of debt 11m
  4. 4 Duration 2m

APV and risk-adjusted WACC

3 lessons
  1. 1 Methods for project appraisal 4m
  2. 2 Risk-adjusted WACC 4m
  3. 3 APV 16m

Questions

About B. Advanced investment appraisal.

What does the B. Advanced investment appraisal section cover?

Apply advanced DCF techniques, including adjusted present value and real options. You'll also assess risk, financing effects, and sensitivity.

How much video is in this section?

B. Advanced investment appraisal has 35 video lessons, about 4.2 hours in total. Work through them at your own pace, with lifetime access.

Is this section included in the Advanced Financial Management exam?

Yes. The content in this section is assessed in the Advanced Financial Management ACCA exam.

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