Our Advanced Master in Finance (AMF) LATAM is aimed at senior executives, directors and owners of companies in Latin America, with relevant experience in the financial world, and with an interest in participating in a unique educational experience that allows them to understand the financial reality of the organizations that direct, and their applications from senior management, particularly in the Latin American context. The rigorous selection of participants results in an elite class of limited size, in which an interesting and enriching dynamic is generated that is consistently recognized by the participants of the program as a great contribution to their educational experience. Each participant brings their experience and their particular focus to the problems addressed, while the teachers channel and order the comments of the participants, in order to reach valid conclusions and applicable economies, particularly in Latin America.
- 8 months duration
- 6 modules of a week
In Santiago, New York, London, Quito, Bogotá and Panama City.
- Acquire the financial vision
To lead your organisation.
The Advanced Master in Finance is a program aimed at:
- Business men and women who are about to join the board of a company and need to master the financial vision of the business as well as the financing strategy.
- Executives who will take a position as CEO or Board Member and need a practical, relevant and strategic financial vision of the business and its financing as well as the ability to dialogue and evaluate their CFO.
- CFOs and corporate treasury executives with managerial projection seeking to complete the vision, knowledge and experience to face and manage the most sophisticated aspects of financial management.
- Bank, financial and consulting executives who need to integrate the financial vision with an arsenal of own experiences to provide a financially sophisticated service to their corporate clients.
- Corporate, bankruptcy or corporate lawyers seeking a commercial and economic understanding of financial processes and a financial vision of the operation of the company.
The best faculty of the Business School, and with guest professors of recognized international level. Two intensive trips in visits to companies, regulators and markets (discovery trip), in the most important international financial centers (London and New York).
A program oriented to How To!
A theoretical and conceptual basis needed to address a topic in finance, plus training in decision making and in the skills to understand and control their business from the numbers with a strategic management and leadership perspective.
This program gives the Master's Degree in Financial Management.
- College degree.
- Minimum 5 years of managerial experience.
- Intermediate or advanced English (reading and comprehension).
- Complete the admission form.
- Evaluation interview with the Academic Director of the Programme.
Dates and times
- One week of classes, from Monday to Saturday, approximately every 6 weeks.
- From July 8, 2019 to March 14, 2020.
- Monday to Friday from 8:30 a.m. to 7:00 p.m.
- Saturdays from 8:30 a.m. to 2:00 p.m.
1. Finance for Managers
July 8 to 13, 2019 | Santiago.
For those who do not have a rigorous prior experience in the field, we recommend starting the program through its Finance for Managers module.
This module is designed to integrate people who have no knowledge of finance with those who already master basic elements of financial analysis, financing of operations and evaluation of investment decisions. It also introduces the strategy as a process of creation and capture of value; and how the competitive advantage is related to the performance of the strategy (Estretégica Vision I).
Students who have prior knowledge may take a waiver exam, not to take this module and obtain a deduction of USD 3,000 in the cost of the program.
2. Portfolio Management
September 2 to 7, 2019 | New York.
This module focuses on capital markets and how the company interacts with them to attract funds or invest treasury surpluses. How diversification allows risk management and how to evaluate the performance of portfolio management.
This module covers international investments, identification and valuation of different asset classes and identification of optimal portfolios. Topics covered in this module: portfolio management theories, portfolio management strategies, determining the cost of capital to attract and retain investors.
The module will be made up of talks with executives and visits to financial companies, regulators and markets, in the city of New York, which will constitute a true discovery trip in this centre of the key finances for the world and Latin America in particular.
3. Valuation, creation of value and measurement of the strategy
October 21-26, 2019 | London.
In this module the connection between the strategy of the company, both corporate and competitive, and the financial one is developed. Valuation is the fundamental aspect that this connection allows. The different valuation methods and their application in each case will be deepened, whether it is a discount of cash flows, multiples and even real options. The objective is the determination of the desirable properties of the strategies that create value.
The module will consist of talks with executives and visits to financial companies, regulators and markets, in the city of London, which will constitute a true discovery trip in this historic international finance centre.
4. Financing, financial structuring and risk management
9 to December 14, 2019 | Quito.
In this module, the debt structure is analyzed when there are taxes on the profits of the corporations. There is a tax benefit associated with the debt, but with greater indebtedness, the risk for the equity increases. The decision of the level of debt to use should weigh both factors, and consider the overall strategy of the company. The concept of the weighted average cost of capital rate (WACC) is developed.
In addition, it seeks to understand the different sources of financial risk and a business and develop tools to manage them strategically.
Derivative instruments were explicitly designed to transfer risks, and their optimal use will be analyzed in different circumstances. Risk management interacts with the competitive strategy and financing structure.
5. Corporate governance and strategic leadership
January 20 to 25, 2020 | Bogotá
The objective of this module is to understand what are the best practices in the formation and management of boards of directors. The differences in the way of governing family businesses and companies with atomized property are detailed. Management control systems are analyzed, as well as incentive schemes designed to align all the members of the organisation with the strategic objectives.
Leading requires taking risks that can put at stake the professional and personal development of an individual. For this reason, the exercise of leadership must be considered as something strategic that, despite the resistance and dangers it faces, allows the person who assumes it to fulfil the objective of provoking the changes required by the organisation or the environment.
We will study a diagnosis of the organisation, and strategic intervention and tactical responses to produce changes in a system, considering the resistances and risks.
6. Mergers, acquisitions and strategic vision
9 to March 14, 2020 | Panama.
The module contemplates analyzing the acquisition of companies to manage the business portfolio defined by the corporate strategy, in order to create value for shareholders. How firms can react to attempts to take control, and what benefits other forms of restructuring can have, such as selling divisions or converting the company into a private company.
In Strategic Vision II, we will review sources of value creation and how to capture value, the challenge of aligning the organisation with the strategy, the strategic mapping tools, and the consistency of the financial strategy with the business strategy and corprotiva.