Part A Self-evaluation (finance) - Essay Example

Part A: Self Evaluation It has been a fascinating learning experience up till this point of time and I have broadened my scope of financial knowledge by taking this academic course. I believe that I have firmly grasped the first topic pertaining to the role of financial management and the financial markets. As before taking this course, I was never able to fathom out newscast and newspaper articles related to financial markets. As now I have taken this course and gone through series of lectures, I have perceived a drastic change in my knowledge repository as I am able to understand that how financial markets operate and who are the major participants responsible for controlling and manipulating the market.

Furthermore, I have realized the importance of time value of money in the corporate world. Initially, I thought that inflation is the only key variable that alters the value of money but now I have apprehended that the time value of money encompasses of inflation, effort, risk and other variables. Finally, I have also found my self to be convenient with the tutorial questions of the above chapters.2) Although I have gained a lot from taking this course but yet there have been some stumbling blocks which were hindering in my course of learning.

The third module which teaches risks and returns is quite figured out by me but I can not understand its practical application. The theory of that chapter was extremely intricate and types of risk were even unfathomable for me. The next module of Valuing bonds and shares was found to be even more complicated. I am baffled with the various valuation models used for valuing shares and bonds. I can not get which model is to be applied in which circumstance and the reasoning behind its application.

The concept of Yield to Maturity was impenetrable as I could not comprehend the real significance of the concept. I can confirm this fact in the light of evidence that the questions of MyFinance Lab homework were looking as though beyond my capabilities. However, I have tried to break the barrier by going through different books and internet articles. 3) I keep a simple schedule for learning the diverse set of subjects. Whenever I hear a lecture, I take my time and start revising to embed those concepts firmly in my mind.

Moreover, I try to get acquainted with the current global scenario by digging up for information that is in the air. As far as the areas of the improvements are concerned, I am not flair with numbers therefore I need to improve my analytical skills and numerical solving capability. For this purpose, I need to devote extra time on solving practice problems because it is the practice which makes an individual perfect. Finally, the learning tools that I feel which are necessary for this course are practical applications, numerical problems and different case studies which precisely relate to the individual topics.