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BERKELEY SCHOOL OF BUSINESS, ARTS & SCIENCES

ACCA Advanced Financial Management (AFM)

ACCA Advanced Financial Management (AFM) develops the technical knowledge and professional judgement needed to evaluate complex financial decisions. The course covers investment appraisal, business valuation, mergers and acquisitions, treasury and financial risk management.

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ACCA Advanced Financial Management (AFM)

Overview

Advanced Financial Management study overview

ACCA Advanced Financial Management (AFM) helps you assess complex financial choices. First, you study how a firm invests and raises funds. Then you weigh up the costs, likely returns and risks. As a result, you can give advice that fits the goals of the business.

The course covers investment appraisal, business value, corporate finance and financial risk. For example, you compare ways to fund a project and test what may happen if costs or cash flows change. In addition, you learn to explain the limits of your figures.

You use financial data to support sound judgement. Next, you link the analysis to the wider business case. Finally, you set out your advice in clear terms so that others can assess the choice and the risks it brings.

Table of contents

  • Eligibility and who can take the course
  • Learning methods and performance standards
  • Career paths and exam information
  • Course benefits and contact details

Advanced Financial Management at a glance

Study areaPractical skill
Investment appraisalAssess cash flows, returns and risk.
Business valuationCompare ways to estimate business value.
Corporate financeWeigh up funding choices.
Financial riskExplain risks and how to manage them.

Advanced Financial Management study resources

Check the official ACCA AFM syllabus and study guide for your exam session. Explore related courses in Financial Management (FM) and Strategic Business Reporting (SBR).

Offered By

ACCA (Association of Chartered Certified Accountants)

Head office

The head office is located in London, UK.

Members

As of 2024, ACCA (Association of Chartered Certified Accountants) has approximately 250,000 members globally.

Vision & Mission

The vision of ACCA Advanced Financial Management (AFM) is to develop finance professionals who drive business success through strategic financial planning, investment decisions and ethical financial management. Its mission focuses on equipping learners with advanced financial analysis, risk management and valuation skills to evaluate investment opportunities, optimise funding strategies, manage financial risks and support mergers and acquisitions while upholding professional standards and contributing to sustainable organisational growth.

What is the eligibility?

Candidates should have completed ACCA Applied Skills, particularly Financial Management (FM), or hold an applicable exemption for FM. A strong understanding of investment appraisal, business finance, business valuation and financial risk management is recommended before attempting ACCA Advanced Financial Management (AFM). Candidates must meet ACCA’s Strategic Professional exam entry requirements, and completing the Ethics and Professional Skills Module (EPSM) before attempting AFM is recommended. 

Who can do?

Who can do?
anyone who is interested to learn about following concepts can pursue ACCA Advanced Financial Management (AFM):
Investment appraisal, business valuation, mergers and acquisitions, corporate restructuring, treasury management, financial risk management, international finance, funding strategies, dividend policy and strategic financial decision-making..
individuals with the following designations:
Chartered Accountant (ACCA), Finance Manager, Financial Controller, Financial Analyst, Corporate Finance Manager, Treasury Manager, Investment Analyst, Risk Manager, Chief Financial Officer (CFO), Management Accountant, Corporate Treasurer, Business Consultant, Financial Advisor and Investment Manager..

Course Structure

ACCA Advanced Financial Management (AFM) develops advanced financial management and strategic decision-making skills expected of a senior financial executive or adviser. 

Included

Strategic Financial Management

Included

Advanced Investment Appraisal

Included

Acquisitions and Mergers

Included

Corporate Reconstruction and Reorganisation

Included

Treasury and Risk Management

Included

International Financial Management

Included

Professional Skills

Included

Employability and Technology Skills

Lecture plan

The ACCA Advanced Financial Management (AFM) lecture plan covers investment appraisal, business valuation, mergers and acquisitions, corporate financing, treasury management and financial risk management. Furthermore, learners develop skills in evaluating complex financial decisions, assessing international investment opportunities and recommending appropriate financing strategies. Through scenario-based practice, they strengthen analytical judgement and strategic financial decision-making.

Session 1:

Session 2:

Session 3:

Session 4:

Session 5:

Session 6:

Learning Methodology

Berkeley offers expertly developed learning materials tailored to meet participants' needs, ensuring comprehensive coverage of the syllabus and optimal exam preparation.

‣ Tailored Material: Guides are designed to cover the entire syllabus, offering full preparation and deep understanding.

‣ In-Depth Content: Unlike superficial outlines, our materials provide fully developed theories and concepts, equipping participants with complete knowledge.

‣ Strategic Study: We help participants prioritize study time by indicating the weight of each topic, allowing efficient focus on crucial areas.

‣ Difficulty Levels: Topics are labeled as "Awareness" or "Proficiency," guiding participants to allocate time based on the required depth of knowledge.

‣ Comprehensive Coverage: Our materials include detailed theory and a glossary of technical terms to clarify complex concepts.

‣ Effective Learning Techniques: Visual aids and memorization techniques ensure long-lasting retention, helping candidates succeed.

Berkeley’s methodologies equip participants with the essential knowledge and tools for both exams and future success.

Lectures
Lectures

Our lecture plan integrates structured learning with interactive teaching methods, promoting engagement and collaboration. This approach ensures a comprehensive understanding of concepts, fostering critical thinking and practical application in real-world scenarios

Practice Session
Practice Session

Practice sessions offer hands-on experience through guided exercises, enhancing skills and reinforcing knowledge. This practical approach ensures mastery of concepts, promoting confidence and competence in real-world applications

Mock Examination
Mock Examination

Mock examinations simulate real test conditions, providing valuable practice and assessment. This helps identify strengths and weaknesses, ensuring thorough preparation and boosting confidence for actual exams

Berkeley Middle East Performance Standards

Evaluates and ensure the quality of the training program and all its deliverables.  This is measured through the following indicators:
‣ Instructors' experience and style in presenting and explaining topics.
‣ Variety and balance of teaching methods (such as discussions, case studies, mock exams and videos) used in the course to ensure retention and to match the learning objectives.
‣ Level of interactivity.
‣ Feedback from program participants
‣ Full compliance with Institute standards and guidelines for preparation and study requirements and methodology.
‣ Progress reports from the training program provider.

What are the Exam Information?

ACCA Advanced Financial Management (AFM)

ACCA Advanced Financial Management (AFM) develops expertise in investment appraisal, business valuation, financial risk management and strategic financial decision-making.

Exam Format & Duration

The ACCA AFM exam is a computer-based assessment lasting 3 hours and 15 minutes. It contains two compulsory questions worth 50 marks each, assessing investment appraisal, business valuation, financial risk management and strategic decision-making through practical scenarios.

Exam Dates

ACCA AFM is generally available in the March, June, September and December exam sessions. Check the official ACCA exam timetable for confirmed dates and availability.

Passing Criteria

Candidates must achieve a minimum score of 50% to pass the ACCA Advanced Financial Management (AFM) exam. Assessment focuses on technical knowledge, application, analysis, professional judgement and clear financial recommendations.

Exam Preparation

Successful preparation requires consistent study and question practice. First, candidates should review the current ACCA syllabus. Then, they should practise investment appraisal, valuation and risk management questions. Moreover, timed mock examinations help improve time management. However, candidates should not rely solely on memorized answers. Instead, they should analyse each scenario and explain why their recommendations suit the business. Finally, reviewing mistakes helps identify topics that need further attention.
Exam Locations

The ACCA AFM exam is available through authorised computer-based exam centres worldwide, subject to local availability. Candidates should check ACCA's official exam booking platform for approved centres, available sessions and local arrangements.

Training Calendar

ACCA Advanced Financial Management (AFM)

Number of Lectures: 6

Delivery: Live Online Instructor-Led | Location: International

Dates: Start 14 Mar 2027 – End 18 Apr 2027

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ACCA Advanced Financial Management (AFM)

Number of Lectures: 6

Delivery: Live Online Instructor-Led | Location: International

Dates: Start 06 Jun 2027 – End 11 Jul 2027

Enquire

ACCA Advanced Financial Management (AFM)

Number of Lectures: 6

Delivery: Live Online Instructor-Led | Location: International

Dates: Start 05 Sep 2027 – End 10 Oct 2027

Enquire

ACCA Advanced Financial Management (AFM)

Number of Lectures: 6

Delivery: Live Online Instructor-Led | Location: International

Dates: Start 05 Dec 2027 – End 09 Jan 2028

Enquire
Success Stories

Success Stories

“As a strong advocate for education and human development, I commend Berkeley for its exceptional commitment to empowering future leaders. The institution stands as a symbol of excellence, innovation, and opportunity. Students who walk its halls are nurtured with knowledge, values, and vision—qualities that contribute to building a stronger and more prosperous future for our nation.”

- H.H. Shaikh Khalifa Al Hamid

Alumni Benefits

‣ Exclusive Networking Events: Access invitations to industry-leading events and thought-leadership gatherings featuring renowned speakers.


‣ Monthly Updates: Stay informed with a newsletter highlighting the latest research, events, and activities from the school.


‣ LinkedIn Community Access: Join the Executive Education LinkedIn group for networking and professional development opportunities.


‣ Educational Discounts: Enjoy a 20% discount on open-enrollment programs and access to workshops focused on emerging trends.


‣ Global Alumni Network: Connect with a diverse alumni community through the Berkeley School’s online network and engage in country and interest groups.

Visit Our Alumni

Is It Worth the Investment?

Investing in ACCA Advanced Financial Management (AFM) is valuable for finance professionals seeking to strengthen their expertise in investment appraisal, business valuation, mergers and acquisitions, treasury management and financial risk assessment. The qualification develops analytical thinking, strategic financial planning and professional judgement, supporting career progression into roles such as Finance Manager, Corporate Finance Manager, Treasury Manager, Investment Analyst and Chief Financial Officer. Through practical case studies and exam-focused preparation, candidates learn to evaluate investment opportunities, optimise funding decisions and manage financial risks, making AFM a worthwhile investment for those pursuing advanced careers in corporate finance and strategic financial management.

Career path

Progression Route:

After completing ACCA Advanced Financial Management (AFM), candidates can progress towards ACCA membership by fulfilling the remaining examination, Ethics and Professional Skills Module (EPSM), and Practical Experience Requirement (PER) criteria. Professionally, AFM supports career development into roles such as Finance Manager, Corporate Finance Manager, Treasury Manager, Investment Analyst and Financial Risk Manager, with further opportunities in strategic financial planning, mergers and acquisitions, investment management and senior financial leadership.

What You Earn

ACCA AFM certification validates expertise in financial strategy, investment appraisal, business valuation and risk management to support sound financial decisions.

What You Earn

Career Advancement

Explore opportunities in corporate finance, investment analysis, treasury management and financial leadership.

Professional Development

Strengthen analytical thinking, strategic planning and evidence-based financial decision-making.

Ethical Standards

Apply professional judgement, financial accountability and ethical principles to complex business decisions.

Comprehensive Curriculum

Develop skills in investment appraisal, business valuation, mergers and acquisitions, and financial risk management.

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FAQ: ACCA Advanced Financial Management (AFM)

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