Financial Strategy: profitability and liquidity management


Banking and finances

If you have difficulties managing your organization's working capital, liquidity and profitability, INCAE offers you this program, which will help you establish the best financial and competitive strategy for your company.


Veronica Caldera
Executive Education

The Financial Strategy program: aligning profitability and liquidity management, will allow you to obtain a modern vision of working capital, understand how efficient management of your working capital will allow you to align the profitability and liquidity of the business and align the financial strategy and its competitive strategy.

November 27 to December 1, 2024
Country: PRESENTIAL / Panama
Total Price: US $ 4.600

Financial Strategy: profitability and liquidity management


• Profitability, efficiency, liquidity and value creation
• Cash conversion cycle
• Cash flow analysis and liquidity optimization: liquidity management model.
• Sources and uses of funds.
• Cost of capital: Introduction
• Cost of capital in emerging markets
• Valuation of companies and their methods
• Fusions and acquisitions
• Financial solvency and debt capacity
• Financial solvency and profitability analysis
• Liquidity management techniques
• Optimal capital structure
• Financial structure and cost of capital
• Growth, profitability and dividend policy
• Dividend policy

* Includes tuition, teaching materials and certificate of participation. 
* The investment amount does not include taxes or commissions.

* INCAE reserves the right to make changes without prior notice.

* Your information is confidential.


The program seeks to meet the objectives through a combination of simulation and discussion of cases with participatory conferences.

Participant profile

Program designed for all functional managements (not only those related to Finance) who want to develop their capacities to improve working capital management in order to increase the profitability of the company.

Our teachers

  • Arnold Camacho

    He is a Full Professor at INCAE Business School, in the area of ​​Currency, Banking and Finance, Financial Institutions and Capital Markets, Portfolio Management, Evaluation and Risk Management. He got a Ph.D. in Finance and Development, and an MA in International Economics from Ohio State University, as well as a Bachelor's Degree in Civil Engineering from the University of Costa Rica, with Graduation with Honors.

  • Arnold Camacho


  • Know the differences between profitability and liquidity.
  • Get a modern view of working capital.
  • Understand how efficiently managing your working capital will allow you to align business profitability and liquidity.
  • Align your financial strategy and your competitive strategy.


At the end of the program, participants are expected to be able to:

  • Manage working capital with a modern vision that ranges from accounts receivable to the supply chain.
  • Understand the relationship between operational decisions, the company's cash cycle, and working capital management.
  • Encourage the creation of value and the internal generation of liquidity by managing working capital more efficiently.