Module Descriptors
RISK AND FINANCIAL ANALYSIS
ECON70147
Key Facts
Digital, Technology, Innovation and Business
Level 7
30 credits
Contact
Leader: Tolulope Olarewaju
Hours of Study
Scheduled Learning and Teaching Activities: 72
Independent Study Hours: 228
Total Learning Hours: 300
Assessment
- EXAMINATION - UNSEEN IN EXAMINATION CONDITIONS weighted at 50%
- EXAMINATION - UNSEEN IN EXAMINATION CONDITIONS weighted at 50%
Module Details
Learning Strategies
Students will engage in structured learning prior to attending an intensive study week at the University's campus. The study week will, through discussion, debate and application, explore the learning students engaged in prior to attending the University. Following the study week and prior to completing assessment students will engage with guided learning which will consolidate all new knowledge and understanding.
Resources
University library and computing facilities
Assessment Details
First examination (1.5 hours) weighted 50%
Second examination (1.5 hours) weighted 50%
Both examinations assess all Learning Outcomes.
Second examination (1.5 hours) weighted 50%
Both examinations assess all Learning Outcomes.
Texts
Atrill P and McLaney E (2011). Accounting and Finance for Non-Specialists, 7th edition, Pearson, ISBN:0-273-74596-4
Jackson I, Golby J D and Wyld J (2010) Managing Risk for Postgraduates, 2nd edition, Pearson, ISBN 978-1-84959-192-8
Perks R and Leiwy D (2010). Accounting - Understanding and Practice, 3rd edition, McGraw-Hill, ISBN 978-007712478-6
Jackson I, Golby J D and Wyld J (2010) Managing Risk for Postgraduates, 2nd edition, Pearson, ISBN 978-1-84959-192-8
Perks R and Leiwy D (2010). Accounting - Understanding and Practice, 3rd edition, McGraw-Hill, ISBN 978-007712478-6
Indicative Content
This module will focus on techniques available to assess and manage the financial aspects of corporations with a particular emphasis on the management of risk.
The following topics will contribute to the material covered in this module:-
- The regulatory and conceptual framework of corporate financial reporting
- Corporate governance
- Financing business
- Financial statements analysis
- Cost structures
- Budgetary control
- Working capital management
- Cost-volume-profit analysis
- Performance measurement
- Investment decision making methods
- Risk appraisal and management using hedging
- Option pricing
- Corporate investment decisions under uncertainty
- The Capital Asset Pricing Model and its application within corporate management
- Applications of game theory
The following topics will contribute to the material covered in this module:-
- The regulatory and conceptual framework of corporate financial reporting
- Corporate governance
- Financing business
- Financial statements analysis
- Cost structures
- Budgetary control
- Working capital management
- Cost-volume-profit analysis
- Performance measurement
- Investment decision making methods
- Risk appraisal and management using hedging
- Option pricing
- Corporate investment decisions under uncertainty
- The Capital Asset Pricing Model and its application within corporate management
- Applications of game theory
Learning Outcomes
1. APPLY AND CRITICALLY APPRAISE METHODS OF BUSINESS RISK MANAGEMENT AND CORPORATE INVESTMENT APPRAISAL UNDER UNCERTAINTY
2. DEMONSTRATE AN UNDERSTANDING OF THE EFFECTS OF THE INTERNATIONALISATION OF BUSINESS AND TECHNIQUES FOR DEALING WITH THE INHERENT RISKS INVOLVED, PARTICULARLY CURRENCY AND COMMODITY HEDGING
3. DEVELOP A SYSTEMATIC UNDERSTANDING OF THE USES OF ACCOUNTING INFORMATION FOR PLANNING, CONTROL AND DECISION MAKING PURPOSES
4. DEMONSTRATE AN ABILITY TO SOLVE COMPLEX NUMERIC AND LOGIC PROBLEMS RELATED TO FINANCE AND ACCOUNTING.
2. DEMONSTRATE AN UNDERSTANDING OF THE EFFECTS OF THE INTERNATIONALISATION OF BUSINESS AND TECHNIQUES FOR DEALING WITH THE INHERENT RISKS INVOLVED, PARTICULARLY CURRENCY AND COMMODITY HEDGING
3. DEVELOP A SYSTEMATIC UNDERSTANDING OF THE USES OF ACCOUNTING INFORMATION FOR PLANNING, CONTROL AND DECISION MAKING PURPOSES
4. DEMONSTRATE AN ABILITY TO SOLVE COMPLEX NUMERIC AND LOGIC PROBLEMS RELATED TO FINANCE AND ACCOUNTING.