Investment Appraisal Mastery - NPV, IRR, Payback, PI, ARR (Udemy.com)

Gain command over the core skills you need to invest in anything – and do it well thanks to rock solid Finance Fundamentals. Change the way you look at money and investments by mastering one of the most versatile concepts in Finance. Identify the right investment opportunity and avoid making bad investment decisions by becoming an Investment Appraisal / Capital Budgeting PRO.

With no prior knowledge required, and a curriculum designed for distinction, this is the only course you'll need to truly master the most vital investment appraisal / capital budgeting tools and ensure you have a solid foundation in core finance fundamentals including:

• Net Present Value (NPV)

• Internal Rate of Return (IRR)

• Payback Period

• Discounted Payback Period

• Accounting Rate of Return (ARR)

• Profitability Index (PI)

DESIGNED FOR DISTINCTION

We've used the same tried and tested, proven to work teaching techniques that've helped our clients ace their exams and become chartered certified accountants, get hired by the most renowned investment banks in the world, and indeed, manage their own investment appraisal / capital budgeting process. Here's how we'll help you master one of the most powerful Finance Fundamentals / capital budgeting concepts and turn you into an Investment Appraisal PRO:

A Solid Foundation

You’ll gain a solid foundation of the core finance fundamentals that drive the entire investment appraisal / capital budgeting process.

Example Walkthroughs

Every major concept is taught with example question walkthroughs, so you can literally see how we evaluate investments from scratch.

Loads of Helpful Practice Activities

Apply what you learn immediately with 65 practice questions, all with impeccably detailed solutions.

Proofs & Resources

Mathematical proofs, engaging study materials, capital budgeting discount factor tables with built-in how-to guides – all included.

6 SECTIONS TO MASTERY

Use our structured learning path, or dive right in to a specific capital budgeting concept you’re struggling with.

Introduction & The Fundamentals

• Get the basics and core finance and capital budgeting fundamentals right, first time – so you learn once and retain it forever.

• Explore why certain investments look great, but aren’t so in reality.

• Discover the power of the time value of money and discounting cashflows from scratch.

Net Present Value (NPV)

• See why companies around the world rely on this capital budgeting technique when investing billions.

• Understand the powerful logic and intuition behind one of the most versatile capital budgeting techniques.

• Compute the NPV of projects from scratch, manually as well as on Excel®.

Internal Rate of Return (IRR)

• Understand the powerful relationship between the IRR and cost of capital.

• Learn how to estimate the IRR from scratch, including by interpolation.

• Explore Excel’s RATE and IRR functions and know which one to use when.

Accounting Rate of Return (ARR)

• See why simplicity isn’t always useful, and why it can be dangerous.

• Explore the limitations of one of the most popular capital budgeting techniques.

• Make better decisions by distinguishing between profit and cashflows.

Payback & Discounted Payback

• Discover what makes this the easiest capital budgeting techniques out there.

• Learn how to estimate when you’ll make back your initial investment.

• Understand how the time value of money can change your payback period.

Profitability Index (PI)

• How do you choose between 2 great opportunities when your funds are limited?

• Explore why the Profitably Index is probably the most useful capital budgeting technique.

• Forget about mechanical learning – understand the intuition behind the formula and the finance fundamentals that drive the logic behind it.

Make Better Investment Decisions by mastering Capital Budgeting, Starting Today.

Use our structured learning path to master capital budgeting. Designed for distinction.

Focus on what really matters.

Engage with carefully thought out, clutter-free, and engaging capital budgeting study materials that focus on the 20% finance fundamentals that drive 80% of the results.

Retain your knowledge forever by easily following through complex concepts with great visuals that don’t overdo it.

Explore why investment appraisal / capital budgeting techniques work the way they do, instead of memorising formulas without understanding them.

There really always is a reason for everything.

Feel your confidence rise.

Apply what you learn immediately in example capital budgeting question walkthroughs and progressively challenging quizzes with impeccably detailed solutions.

Engage with over 65 questions ranging from simple true and false ones to more complex problems that take you outside your comfort zone.

All capital budgeting questions are relevant for Ivy League / Russell Group University students as well as professionals studying for the ICAEW CFAB, ACA, ACCA, and CFA qualifications.

All questions designed in-house, by Professional Tutors with Russell Group Distinctions.

See how & why  the equations work.

Learn why we divide some variables by something, and multiply other variables by something else. Get past the painful approach of memorising countless capital budgeting equations.

Not only will we rip apart each equation one variable at a time, we’ll also give you mathematical proofs that show the equation’s logic one step at a time.

Save yourself time and effort by understanding why the equation works the way it does. Then go out and create your own equations thanks to your new solid finance fundamentals.

Here's what you get. And this is exactly why this is the only course you'll ever need to take to master Investment Appraisal and build a solid foundation in Finance Fundamentals:

• Over 2 hours of video content, with each capital budgeting concept broken down part by part, variable by variable, one equation at a time. Starting from the very basics, and building you to a point where you can handle more complex capital budgeting problems.