Financial Management

Financial Management (FM)

There are three questions in the FM exam: Financing, Hedging and either an Investment Appraisal or Business Valuation question. Our FM tuition breaks the syllabus down into these examinable areas and then subdivides each area based on the topics which are most frequently examined. For each topic, our classes explain the key technical points in a simplified way before demonstrating how to answer each type of exam question on the topic. This helps you break the exam down into manageable chunks and learn the optimal exam technique for each type of exam question. 

The learning strategies and exam techniques you will be taught are those which enabled your tutor to win several prizes from the ICAEW, including one for FM. This exam focused tuition approach has resulted in several of our students also winning prizes.

​A small sample of our student feedback is included below:

I would definitely recommend ACA Masters to anyone struggling to pass an exam. Last month I passed the FM ACA exam, which has been my nemesis for a while now. It was my final attempt at the paper, and I was coming to terms with the fact that I may not be able to achieve ACA qualification. With the help of the ACA Masters tutorial videos and notes, I was able to pass FM.

 

I found the tutorials gave me a different insight into the course than I got at ******. Rather than trying to learn list after list of advantages/disadvantages for investment appraisal, risk management, etc, I actually began to understand the reasoning behind what I was doing, and found that the ‘wordy bits’ flowed a lot easier than had been the case in the past. Once I’d practiced enough calculations, the methods stuck and I could reproduce them on the day. Although my time management wasn’t the best, I still managed to pass as I didn’t panic and stuck to the methods I had learnt from your tutorials. So again, many thanks for making your videos. I couldn’t have done it without you!

James (Final attempt FM student who passed first time with us)

Incredible ACA tutor who I cannot recommend enough! I am so glad I found ACA Masters when I did and I look forward to being taught by the best for the remainder of my exams.

Nikita (FM student who passed first time with us)

June FM mark: 44. September FM mark: 71. Couldn't have done it without ACA Masters!

Ben (FM student who passed first time with us)

Further detail on how our approach differs from other tuition providers is included in our 'How to Pass the FM Exam' article. 

 

FM Video Course

(2021 Version)

To get you through your FM exam with top marks, our prize-winning Senior ACA Tutor Kieran Doe has recorded a video course. Each class focuses on a frequently examined topic and explains the key technical concepts in a simplified way before demonstrating the optimal exam technique by working through recent past exam questions in full. You will be taught the most efficient way to read, interpret and analyse the exam paper and most importantly, the specific technique you should use when typing your answer. 

Having understood the technical content and exactly how you should be approaching a particular type of FM exam question, you can then go and attempt similar past exam questions to put these prize-winning exam technique skills to the test and watch your marks drastically improve - hopefully you will join our growing list of prize winners! Our FM Master Plan (see below) categorises all the past exam questions by topic to make it easy for you to practice similar questions after each class. This enables you to conquer FM by mastering one area at a time.

The course is structured so that it covers each examinable area and each type of FM exam question. The course also includes revision classes from Certificate Level Management Information for those who need a refresher on the brought forward content.

 

You can watch the course introduction and one of the classes from the course below. 

 

The course structure is as follows:

Investment Appraisal

  1. Investment Appraisal

  2. Replacement Analysis

  3. Capital Rationing

Financing 

  1. Source of Finance and WACC

  2. Gearing

  3. Adjusted Present Value

  4. Ungearing and Regearing Beta Equities

  5. Bond Pricing

  6. Financing Exam Technique Masterclass - Full Question

Valuation

  1. Business and Equity Valuation

Hedging 

  1. Basics of Hedging and Hedging Interest Rate Risk (Forwards, Futures, OTC Options and Swaps)

  2. Hedging Interest Rate Risk 2 (Futures and Traded Options)

  3. Hedging Foreign Exchange Risk (Forwards, Futures, OTC Options and Money Market Hedge)

  4. Hedging Foreign Exchange Risk 2 (Futures and Traded Options)

  5. Hedging Other Risks (Share Investment and Cryptocurrency)

MI Revision

  1. Management Information: Investment Appraisal 

  2. Management Information: Contribution and Break-Even analysis

One of the classes from the course can be viewed below. 

You can purchase each individual class for only £20 by clicking on the 'rent' icon below. You can then watch the class as many times as you need to ensure that you have understood the technical principles and mastered the exam techniques taught during the class. You can stream the classes directly below and view them on any device which has internet connection within the 72 hour viewing period. If you require access for longer than 72 hours, we suggest that you opt for the Full Course Offer - see below for details.

Full Course Offer

You can subscribe to all of the classes for £195 and enjoy a viewing period of 6 months. Just click here to purchase. Once payment has been made, you can view the full course here. 

Please note that our study materials are sold separately - see below. 

 

One-to-One Tuition

If you are struggling with a particular area, then one-to-one tuition is also available. We suggest that one-to-one tuition is used to supplement the tuition provided during the video classes to address any specific areas where you require intensive support. 

 

Tuition fees are £75-85 per hour depending on the level of seniority of the tutor. ​

Please contact us here if you wish to book.

 

Study Materials

(2021 Version)

Our prize-winning ACA tutor, Kieran Doe, has developed our unique FM Study Materials which include learning notes, master plans and exam technique guidance. 

FM Learning Notes

Our FM Learning Notes concisely summarise the essential technical knowledge you need to pass the exam. This enables you to focus on the essential content for each topic and then test yourself by reproducing the condensed content on a blank page. This will force you to actively recall the information so that it is embedded in your brain ready to use for exam questions.

The notes include:​​

  • Easy-to-use summarised technical notes for each topic

  • Calculation proformas and reminders of things to include in your answer

A small sample is included at the bottom of this page. 

FM Master Plan

To ensure that you use your study time as effectively as possible, we have broken the syllabus down into examinable topics so that you can allocate your time to specific examinable topics. For each topic, we have listed the recent past exam questions which examined the topic. There is also a reference to how frequently the topic is examined, the extent to which it is examined and the FM video class which demonstrates the exact exam technique to use for that type of question.

Exam Technique Guidance

We have included exam technique guidance for each type of FM question. This contains detailed advice on how you should approach each exam question in order to score top marks.   

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Payment and Delivery

The price for the full package of our FM study materials is £40. You can purchase by clicking below; if you wish to use another payment method then please contact us.

Once payment has been received, you will receive the materials via email within 48 hours. Please ensure that you check your junk mail in case your email settings divert our email to junk. 

Contact us here or email bookings@acamasters.com

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ACA Masters is the trading name of Accountancy Exam Masters Limited. 

The ICAEW Partner in Learning logo, ACA and ICAEW CFAB are all registered trademarks of ICAEW and are used under licence by ACA Masters.

Our business address is Unit 101, 60 Chalton St, Somers Town, London, NW1 1HS.

Our registered address is 160 Kemp House, City Road, London, England, EC1V 2NX.