Module ECOS2191: FINANCIAL MANAGEMENT

Department: Business School (Economics and Finance) [Queen's Campus, Stockton]

ECOS2191: FINANCIAL MANAGEMENT

Prerequisites

• Business and Finance

Corequisites

• None.

Excluded Combination of Modules

• None.

Aims

• To provide students with an understanding of how businesses operate and how accounting and finance functions support businesses in achieving their objectives.

Content

• Key principles of corporate finance
• Financing options
• Managing financial risk
• Investment decisions and valuation

Learning Outcomes

• be aware of the key principles of corporate finance
• be able to identify the general objectives of businesses and the functions and tasks that businesses perform in order to meet their objectives
• be able to specify the nature, characteristics, advantages and disadvantages of different forms of business and organisational structure

• be able to identify the purpose of financial information produced by businesses, specify how accounting and finance functions support business operations, and identifying sources and methods of financing for businesses and individuals
• be able to specify the role of the accountancy profession and why the work of the profession is important
• be able to identify the role that governance plays in the management of a business and specify how a business can promote corporate governance, sustainability, corporate responsibility and an ethical culture
• be able to specify the impact on a business of the economic environment in which it operates.

• have acquired appropriate skills for the synthesis of data.
• have developed the ability to think critically and creatively
• have developed problem-solving and analytical skills
• be able to apply numerical and IT skills at an appropriate advanced level.

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

• Learning will be based on knowledge transfer from lectures, seminars and personal study. Investigation of cases and real world organizations, in seminars, will encourage students to develop awareness of cultural differences and apply this to the development of their skills in managing themselves and others in such contexts.
• Seminar activities and discussions will provide technical understanding of the main corporate finance and financial management techniques.
• The formative assessment, which will require students to demonstrate understanding of the main corporate finance theories and relevant concepts, will assist them to prepare for the summative assessment.
• The summative assignment will take the form of a critical review of different financial management theories and corporate finance techniques.
• The examination will test students’ understanding of key functions and mechanisms in corporate finance.

Teaching Methods and Learning Hours

Summative Assessment

Formative Assessment:

On line assessment via DUO.

■ Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University