One 2500 word report based on numerical analysis during the module (Tests All Learning Outcomes), 100%

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 key financial ratios, including financial and operational gearing. 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 study the range of different sources of long, medium and short-term finance available to businesses, including the various forms of equity finance, borrowings, retained earnings and government based assistance. This leads to a consideration of the costs of raising different types of finance, and then to the cost of capital, capital structure, stock markets, trading systems and regulation and the efficient market hypothesis.
The module progresses by enhancing your study of investment appraisal (for instance, by considering capital rationing, taxation aspects and inflation). This will include advanced aspects of the use of DCF techniques and other capital investment appraisal methods.
The module concludes by looking at the importance of small businesses to the economy and the financial management problems that they face.

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

2. CRITICALLY ANALYSE THE FINANCIAL POSITION AND PERFORMANCE OF ORGANISATIONS USING KEY RATIOS
Analysis
Problem Solving

3. APPLY ADVANCED DECISION-MAKING TECHNIQUES IN A RANGE OF SHORT TERM AND LONG TERM SITUATIONS
Application
Communication
Problem Solving

On-line databases
The Module website
The University Library and Learning Resources
Electronic data bases such as EBSCO

FOR INTERNATIONAL COLLABORATIVE PARTNERS ONLY

Recommended Text
McLaney, E. (2009) Business Finance: Theory and Practice, 8th Edition. FT Prentice Hall (ISBN: 0273-71768-3)

The learning strategy for this module is based around students committing a total of 150 hours of activities towards achieving the learning outcomes. These will be split between 39 hours of direct contact with a tutor and 111 hours of directed, guided and self-study, together with preparation for and completion of the assessment tasks. Learning support material will be provided for the module.
The module will draw upon a mixture of activities including lectures, web-based activities, case study analysis, relevant videos and in-class discussions, individual and group problem solving and self-directed learning.