1) Understand and apply basic principles of business finance and financial management to a variety of corporate financial scenarios.

Knowledge & Understanding, Application


2) Apply basic financial mathematics skills and concepts to solve business financial problems.
Application
3) Analyse and interpret financial data for decision-making.
Learning, Analysis.


4) Explain and demonstrate the use of time value of moneyand net present value in business financial decision making.

Learning, Application.

1. Mid-term. MCQ (0.5hr) (30%) (LOs 1,2)
2. End of module exam. (1.5hrs) (70%) (LOs 2-4)

This module introduces to students the fundamental concepts, theories, and practices of business finance and financial management within a business context. It provides students with a comprehensive understanding of time value of money, how financial decisions are made, the tools and techniques used to analyze financial data, and the implications of these decisions on the overall health and performance of a business. Students will also learn the fundamental mathematical tools used in business and finance and how these are critical for business success.

The learning strategy for the module requires students to commit 200 learning hours (including assessment) of which there will be 36 hours of tutor-led learning and 164 hours of independent and self-directed study. During the tutor-led learning hours, students will receive robust support through interactive tutorials where they can ask questions, clarify doubts, and receive personalized guidance on challenging concepts. These tutorials are designed to foster a deeper understanding of the material, with opportunities for collaborative learning and discussions that enhance comprehension and retention.

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. For example, you will be set tasks in which you will be required to calculate the profitability and liquidity of an organisation as well as determine which investment appraisal techniques would be suitable for different organisations. You will also learn how to use spreadsheets to determine the break-even point, construct budgets and manage inventory. Learning support material will be provided for the module.

You will undertake ‘formative’ assessments during the module to help you monitor your learning and provide you and us with ongoing feedback on your progress, that helps you prepare for the ‘summative assessment(s) during or at the end of the module. The formative assessments may include quizzes, short essays, or problem-solving exercises, with feedback given to help students identify areas for improvement.

The use of AI tools such as ChatGPT can be beneficial in learning, however, students must adhere to the following guidelines: (i) all submitted work must be original and written by the student; (ii) if a student utilizes AI tools to generate ideas or receive guidance, this must be clearly cited in the submitted work, just as any other source would be; (iii) students should be mindful of the ethical implications of using AI in their studies, ensuring that their use of such tools does not constitute academic dishonesty.

Unit feedback:
During semester, students’ feedback on the module will be collated and distributed through University's online platform, ensuring consistency with other units and focusing on both improvement and future success. This process includes both individual feedback and cohort-wide summaries, aligning with the university's standardized approach to learning and assessment.

Brigham, E. F., & Houston, J. F. (2022). Fundamentals of financial management 16th ed. South-Western Cengage Learning.

Jacques, I. (2024) Mathematics for Economics and Business. 10th ed. Harlow: Pearson Education Limited

Parrino, R., Kidwell, D.S., Yong, H.H,A., Dempsey, M., Morkel-Kingsbury, N., Ekanayake, S., James, J., Murray, J. (2016). Business Finance, 1st Edition, Wiley.

Module Study Guide and Handbook
BUV Learning Resources Centre and website
BUV Canvas; Learning Management System
SU VLE
SU Library