In the second half of the second semester, the study of knowledge has been further deepened, and the relevant knowledge points are summarized as follows:
FRM:
1.Equity Valuation in the Fashion Industry including Market capitalisation , Comparable Analysis, Discounted free cash flow (DCF),Asset-Based Valuation, Dividend Discount Model (DDM) ,Earning multiples P/E ratio.
2.Corporate Governance issue including Stakeholder,Role of the board,Shareholders,Mergers & acquisitions,
3.Risk management tools
4.Know Sustainable Finance instruments including Green Bonds，Sustainability-Linked Bonds，Transition Bonds，ESG mutual funds and ETFs，Carbon Offsetting Instruments，Insurance products and catastrophe bonds (CAT bonds)
5.Learn Equity finance & fundraising and Mergers & acquisitions
6.Learn different Valuation Methods including Stock Valuation, Asset-Based Valuation, Dividend Growth Model
Ops 2:
1.Deeply learn the Circular Economy in Fashion industry, inculding Recycled & Innovative Materials,Sharing Economy,and End of Life Management.
2.Learn more about Inventory management and last mile strategy through some examples
3.Conduct trading workshop to know more about the whole process of product management.
Innovation and Fashion Business:
1.Fibres & materials Innovations in fashion industry
2.Scenario planning methodology
3.Discover the methodology of business model development, innovation typology and road map development
4.Learn how to develop Value proposition statement and press release
As for the result of the evaluation, since I have been working in a bank for 6 years and majored in business finance in my undergraduate and first graduate studies, financial analysis is very familiar to me, so it is not surprising that I can get a high score. As for innovation, we have a good understanding of the overall knowledge framework, but many analyses are not in-depth enough and need to be strengthened. For Ops2, the tutor pointed out many problems in the report. I will analyze the causes of relevant problems one by one according to the tutor’s comments, and try my best to improve them in the final project.