Course Duration: 3 days

 

Target Audience

Senior and middle management of the MFIs, executives from Banks and Financial Institutions, entrepreneurs and analysts.

 

Course objectives

This training exposes participants to various mathematical concepts which are relevant to microfinance operations.  Application of these concepts to product development, financial analysis and capital budgeting decisions is also explained.

 

Course methodology

This course is organized in the form of a workshop.  The training techniques used are lectures, presentations, case studies, group discussions, role plays and exercises.

 

Course Content

• Concept of time value of money
• Interest rate concepts – flat vs declining, simple vs compound
• Annuity and perpetuity
• Net Present Value (NPV)
• Internal Rate of Return (IRR), Annualized Percentage Rate (APR) and Effective Interest Rate (EIR)
• Annualizing and averaging
• Applications in product development, financial analysis and capital budgeting decisions