Postgraduate Programme and Module Handbook 2021-2022 (archived)

Module ECON54615: Financial Management

Department: Economics and Finance

ECON54615: Financial Management

Type	Open	Level	4	Credits	15	Availability	Available in 2021/22

Tied to	N1K607
Tied to	N1KL07
Tied to	N2P109
Tied to	N2P209
Tied to	N2P309
Tied to	N2P509
Tied to	N2P609
Tied to	N2P909

Prerequisites

None

Corequisites

None

Excluded Combination of Modules

None

Aims

To provide students with the ability to critically evaluate the information needs of management for control and for decision making;
To provide students with a critical understanding of the context of the use of management accounting information for control and an appreciation of the limitations of the information.

Content

Costs for control and short-term decision making
Budgeting and performance measurement
Cash flow forecasting and working capital management
Long-term corporate decision making and managerial incentives
Investment appraisal and real options
Corporate debt management

Learning Outcomes

Subject-specific Knowledge:

Have an advanced knowledge and critical understanding of the information needs of management for control and decision making;
Have a critical appreciation of the context of the use of that information;
Have a critical appreciation of recent academic literature in this area and the implications for current management practice.

Subject-specific Skills:

Be able to use selected tools of financial decision making to see the benefits of informed decision making.

Key Skills:

Written communication; planning, organising and time management; problem solving and analysis; using initiative; computer literacy.

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

The learning outcomes will be met by a combination of lectures, workshops, case studies and guided reading.
The assessment of the module, by the written examination, is designed to test the acquisition and articulation of knowledge, and the ability to apply and interpret it in specific contexts.

Teaching Methods and Learning Hours

Activity	Number	Frequency	Duration	Total/Hours
Lectures	10	1 per week	2 hours	20
Seminars	4	1 per fortnight	1 hour	4	■
Preparation, Reading, Data Collection and Independent Study				126
Total				150

Summative Assessment

Component: Examination		Component Weighting: 100%
Element	Length / duration	Element Weighting	Resit Opportunity
Unseen written examination in two sections: multiple-choice and essay-type.	2 hours	100%	Same

Formative Assessment:

Participation in computer based student self-assessment exercises.

■ Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University