Description
Financial Management
Module title | Financial Management |
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Module code | INT3605B |
Academic year | 2020/1 |
Credits | 15 |
Module staff | Areeya Srisai (Convenor) |
Duration: Term | 1 | 2 | 3 |
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Duration: Weeks | 10 |
Number students taking module (anticipated) | 50 |
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Description - summary of the module content
Module description
This module aims to give you a solid foundation in the theory and practice of financial accounting. It will also provide you with the understanding of the role of management accounting in monitoring, controlling and planning an organisation's activities. You will develop the knowledge and skills that you need to progress to further study of financial reporting.
This module is suitable for both specialist and non-specialist students.
Module aims - intentions of the module
The main purpose of the module is to study the techniques used in managing the finances of a business, and how to monitor and control the business performance.
Intended Learning Outcomes (ILOs)
ILO: Module-specific skills
On successfully completing the module you will be able to...
- 1. Interpret and apply internal management accounts and a companys report, balance sheet, cash flow and income statement
- 2. Use knowledge and skills in financial management for application in future work place situations
ILO: Discipline-specific skills
On successfully completing the module you will be able to...
- 3. Analyse critically the financial situation of a company
ILO: Personal and key skills
On successfully completing the module you will be able to...
- 4. Set personal objectives, manage time and tasks
- 5. Evaluate your own performance against given criteria
- 6. Learn effectively and be aware of your own learning strategies, including learning independently and co-operatively
Syllabus plan
Syllabus plan
Introduction to financial management and the finance markets; traditional accounting statements – the balance sheet and profit and loss account; measuring company performance; analysis of financial statements and ratios; managing working capital; cash flow analysis; cost for decision making; budgeting; principles of capital investments decisions.
Learning and teaching
Learning activities and teaching methods (given in hours of study time)
Scheduled Learning and Teaching Activities | Guided independent study | Placement / study abroad |
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40 | 110 | 0 |
Details of learning activities and teaching methods
Category | Hours of study time | Description |
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Scheduled Learning and Teaching Activities (Synchronous) | 10 | Lecture video will be available online on major theories required to be applied to the case study |
Scheduled Learning and Teaching Activities (synchronous) | 10 | Class discussion and seminar/Tutorials |
Scheduled Learning and Teaching Activities (synchronous) | 10 | Study Clinic |
E-Learning (asynchronous) | 10 | Online learning (myaccountinglab) |
Guided Independent Study | 30 | In-house workbook |
Guided Independent Study | 30 | Directed homework |
Guided Independent Study | 50 | Self-Study |
Assessment
Formative assessment
Form of assessment | Size of the assessment (eg length / duration) | ILOs assessed | Feedback method |
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Online Quizzes | 1 X 60 minutes | 1-3 | Correct Answers |
In-class test | 2 hours | 1-3 | Correct Answers and verbal feedback in class tutorial |
Summative assessment (% of credit)
Coursework | Written exams | Practical exams |
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0 | 100 | 0 |
Details of summative assessment
Form of assessment | % of credit | Size of the assessment (eg length / duration) | ILOs assessed | Feedback method |
---|---|---|---|---|
On-line tests using Pearson myaccountinglab | 30 | 3 X 60 minutes, weeks 4, 7 and 9 | 1, 3-6 | On line answers |
Online Examination (50% cold question/50% based on background information given out in advance | 70 | 6 hours | 1-6 | Written |
Re-assessment
Details of re-assessment (where required by referral or deferral)
Original form of assessment | Form of re-assessment | ILOs re-assessed | Timescale for re-assessment |
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All of the above | Exam | 1-4 | Within four weeks of exam board |
Re-assessment notes
Deferral– if you miss an assessment for reasons judged legitimate by the Mitigation Committee, the applicable assessment will normally be deferred. See ‘Details of reassessment’ for the form that assessment usually takes. When deferral occurs there is ordinarily no change to the overall weighting of that assessment.
Referral– if you have failed the module overall (i.e. a final overall module mark of less than 40%) you will be required to take a re-sit exam and re-submission. Only your performance in this exam will count towards your final module grade. A grade of 40% will be awarded if the examination is passed.
Resources
Indicative learning resources - Basic reading
Core text:
Atrill, P. & McLaney, E. (2013). Accounting and Finance for Non-Specialists 8th edition. Harlow: Prentice Hall. ISBN: 0273745964
Other useful resources:
Chapman, C. (2006). How Stock Markets Work. Random House. ISBN: 1905211058.
Ellis, J. & Williams, D. (1993). Corporate Strategy and Financial Analysis. London: Pitman. ISBN: 027303796x
Howells, P. G. A. & Bain, K. (1990). Financial Markets and Institutions. London: Longman. ISBN: 058200470
Tyler, S. (2007). The Manager’s Good Study Guide. Milton Keynes: The Open University.
Tyran, M. (adapted by M. Ward) (1992). Business and Financial Ratios. Woodhead-Faulkner. ISBN: 0859417956.
Watts, B. K. R. (1994). Business Finance. London: M & E Handbooks. ISBN: 06258828
Indicative learning resources - Web based and electronic resources
ELE – http://vle.exeter.ac.uk/course/view.php?id=3296
Web based and electronic resources:
Pearson MyAccountingLab - http://myaccountinglab.mathxl.com/login_malintl.htm
Module has an active ELE page
Indicative learning resources - Other resources
In-house designed progressive workbook with spreadsheet solutions.
Credit value | 15 |
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Module ECTS | 7.5 |
Module pre-requisites | None |
Module co-requisites | None |
NQF level (module) | 6 |
Available as distance learning? | Yes |
Origin date | 2001 |
Last revision date | 30/07/2020 |