Durham University
Programme and Module Handbook

Postgraduate Programme and Module Handbook 2012-2013 (archived)

Module BUSI4ZL15: FINANCIAL MANAGEMENT (PT)

Department: Business School (Business)

BUSI4ZL15: FINANCIAL MANAGEMENT (PT)

Type Tied Level 4 Credits 15 Availability Available in 2012/13 Module Cap None.
Tied to N2K307
Tied to N5K107
Tied to N6K107
Tied to N1KY07
Tied to N1DN07
Tied to N1DP07
Tied to N1DR07
Tied to N1DS07
Tied to N1DM07
Tied to N1D707

Prerequisites

  • None

Corequisites

  • None

Excluded Combination of Modules

  • None.

Aims

  • To provide students with the opportunity to study key issues of financial management for the business organisation operating in a competitive environment.

Content

  • Time value of money;
  • Investment appraisal;
  • Cash flow and flow of funds;
  • Long-term finance;
  • Dividend policy;
  • Cost of capital and capital structure;
  • Working capital management.

Learning Outcomes

Subject-specific Knowledge:
  • By the end of the module, students will have:
  • an advanced understanding of the principles of managing the working capital of an organisation;
  • a critical appreciation of the principles of investment appraisal;
  • an understanding of sources of finance and dividend policy.
  • an understanding of the time value of money and the different capital investment appraisal methods.
Subject-specific Skills:
  • By the end of the module, students will:
  • be able to explain and discuss alternative sources of financing for business;
  • be able to critically discuss the dividend relevance and irrelevance.
Key Skills:
    Written communication; planning, organising and time management; problem solving and analysis; using initiative; computer literacy.

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

  • The module is delivered in discrete Units. These are designed to enable the learning outcomes to be achieved through a combination of specially produced resources, directed reading, reflection through self-assessed assignments and guidance for further reading. Module tutors provide feedback on formative work and are available for individual consultation as necessary (by email, telephone, post or fax).
  • The formative and summative assignments will test students’ critical understanding of relevant concepts and their ability to apply and interpret what they have learned in the module by analysing a particular issue in depth.

Teaching Methods and Learning Hours

Activity Number Frequency Duration Total/Hours
Units 9 108
Tutorials 5
Preparation and reading 37
Total 150

Summative Assessment

Component: Written assignment Component Weighting: 100%
Element Length / duration Element Weighting Resit Opportunity
Written assignment 3000 words (maximum) 100%
Component: Component Weighting: %
Element Length / duration Element Weighting Resit Opportunity
%

Formative Assessment:

Written assignment of 1,500 words (maximum)


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