After Christmas holiday, the second term started.In this term, FRM,Ops 2, and Innovation and Fashion Business are three main courses.In the first six weeks of the first term, the content of the study can be summarized as follows:

FRM:
1.Understand the advantages and disadvantages of various financing channels.
2.Learn more about Surplus and deficit agents,Financial market economic functions,Capital market and money market,Debt and equity,Institutional and private investors.
3.The Future of Fashion Deal-Making, private equity and IPOs.
4.Deeply learn about Financial statements, cash flow and balance sheet, and important ratios as well via the example of Mulberry.
5.Know Cost of equity (Capital Asset Pricing Model) ,Cost of debt ,Working average cost of capital (WACC) ,Capital investment appraisal ,Net present value (NPV) ,Internal rate of return (IRR)

Ops 2:
1.know how to conduct competitor analysis through Edited
2.Try to develop trend board and range plan for SS24 Autograph
3.Try to develop sales planning and WSSI，know how to calculate feed-out margin
4.Know how to calculate Localisation of Pricing
5.Know several tools of Internationalisation Strategy evaluation

Innovation and Fashion Business:
1.Learn the definition of innovation
2.Understand TREND ATLAS, MINTEL TRENDSCAPE,Understand key terms for trend forecasting, Explore and evaluate trend forecasting structures.
3.Debate some of the innovations impacting fashion industry
4.The Innovation Decision Process Theory
5.Explore the facets of innovation leadership and entrepreneurship
6.Understand the dynamic relationship between business development and sustainable practices
7.Explore Moore’s taxonomies ( 2004) and Keely et al’s. typologies (2013) of innovation
8.Discuss Innovation, applications and future directions

In the first half of the second semester, in addition to learning course knowledge and guest lecture, I also had group presentation to further enhance my teamwork ability and speech ability. Look forward to the second half of the study.