This module begins by introducing you to financial objectives and financial management together with issues of ownership and control.

You will then proceed to calculate, analyse and interpret a wide range of financial ratios, including capital gearing and investor ratios. Working capital control and cash management techniques will also be examined.

You will study the range of different sources of long, medium and short-term finance available to businesses, including the various forms of equity finance, borrowings, hybrid finance, retained earnings and government based assistance. This leads to a consideration of the costs of raising different types of finance and then to the concept of the weighted average cost of capital and the preferred capital structure.

The module progresses by enhancing your study of investment appraisal evaluation techniques used in practice, including advanced aspects of the use of DCF techniques, consideration of capital rationing.

The use of digital technologies will be explored.

A Case Study undertaking appropriate analysis and consideration of financial data. (100%). (2000 words) (Learning Outcomes 1-3)

The learning strategy for this module requires students to commit 150 learning hours (including assessment). This will include 24 scheduled guided learning hours and 126 hours of independent and self-directed study.

The class sessions will include formal lecture, student exercises, case study analysis, presentations and group discussions based on student experiences in the subject area. Students will be encouraged to integrate their work based experiences with new knowledge and skills developed in the classroom as the module progresses.

McLaney, E. (2016) Business Finance: Theory and Practice, 11th Edition. FT Prentice Hall

Evans, D (2011) A student's Guide to Corporate Finance and Financial Management, 1st Edition. Kaplan Publishing

Staffordshire University electronic resources and off-campus library facilities.
Module website
Accounting professional bodies
Government Departments and Agencies

1. ANALYSE ALTERNATIVE INVESTMENT OPPORTUNITIES AND MAKE APPROPRIATE RECOMMENDATIONS.
Knowledge and Understanding
Application
Learning

2. MAKE DECISIONS ON THE MOST RELEVANT SOURCES OF FINANCE APPLICABLE TO INVESTMENT OPPORTUNITIES.
Reflection
Knowledge and Understanding

3. ANALYSE THE WORKING CAPITAL POSITION OF A BUSINESS AND APPLY WORKING CAPITAL MANAGEMENT TECHNIQUES FOR DECISION MAKING, PLANNING AND CONTROL WITHIN THE ORGANISATION.
Analysis
Application
Knowledge and Understanding