1. UNDERSTAND THE ROLE OF FINANCIAL MANAGEMENT IN THE PERFORMANCE OF ORGANISATIONS AND CRITICALLY APPRAISE ALTERNATIVE SOURCES OF FINANCE FOR BUSINESS FIRMS
Analysis, Enquiry,
Knowledge and Understanding¿
Learning¿

2. CRITICALLY ANALYSE THE FINANCIAL POSITION AND PERFORMANCE OF ORGANISATIONS USING KEY RATIOS
Analysis,
Knowledge and Understanding,¿
Learning, Problem Solving

3. APPLY ADVANCED DECISION-MAKING TECHNIQUES IN A RANGE OF SHORT TERM AND LONG TERM SITUATIONS AND COMMUNICATE FINDINGS
Application, Communication,
Knowledge and Understanding,¿Learning,
Problem Solving

The focus of this module is very much real-world with emphasis on the practical application of financial strategy in today’s dynamic business environment.¿

This module begins by an introduction to financial objectives and financial management together with issues of ownership and control.¿

You will 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. The problems with using accounting information and the creative accounting will be considered.¿

You will learn 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. We then introduce how stock markets operate, their trading systems and regulation and the efficient market hypothesis.¿

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

Whole group sessions - a series of participatory lectures will disseminate knowledge and understanding as the foundation for a structured programme of tutorial sessions. Topical business-world examples and case studies will be used extensively to support learning.¿

Small group sessions - a series of weekly tutorial sessions where students will work individually and in groups on practical exercises to reinforce their learning.¿

The class room delivery will be supported by materials available on the VLE to guide further self-directed study at a pace and time convenient to the student.¿

Students will be provided with general guidance in the module study guide, and receive specific guidance and training where needed.¿

The tutorial sessions include case-based exercises and activities that require students to prepare work outside formal contact hours and to discuss findings with tutor and peers during the tutorial session. As such, formative feedback will be a feature of these sessions.

Extensive use is made on online discussions to extend learning between sessions.

Evans, D (2011) A student's Guide to Corporate Finance and Financial Management, 1st Edition. Kaplan Publishing. ISBN 0857324888;¿9780857324887.

McLaney, E. (2011) Business Finance: Theory and Practice, 8th Edition. FT Prentice Hall. ISBN 9780273717683

Pike, R., Neale, B. and Linsley, P. (2015) Corporate Finance & Investment: Decisions and Strategies, 8th Edition. Pearson.

BUV VLE