Professional Documents
Culture Documents
Journal Entry
Journal Entry
Journal Entry
2. Whether your learning from this module has resulted in changed behaviour/
performance/ perspectives, and if so, in what areas - study/ work/ home life? Give
specific examples. How they can aid your personal and professional development?
This business finance module is helpful to me personally since it may help me have more
cash flow for personal growth if my finances improve. Budgeting for personal income is made
simpler by financial management, which defines how much money should be saved, invested,
and spent. I can keen an eye on expenses and seeing patterns by using financial calculators like
the gearing ratio and by financial measures like WACC and working capital (McLaney, 2017).
This knowledge is useful in the professional life because it identify which businesses and
shares have the greatest chance for long-term profitability, as well as which business is a great
for investment depending on multiple ratios and calculations. The professional firm may benefit
from internationalization since it will provide it access to a wider range of opportunities (Guo,
Hotchkiss & Song, 2011).
References
McLaney, E. (2017) Business Finance: Theory and Practice (11th Ed). FT Prentice Hall.
Guo,S., Hotchkiss, E. S. And Song, W. (2011) 'Do Buyouts (Still) Create Value?' Journal of
Finance 66 (2): 479-482. Online via Essex eLibrary.