Durham University
Programme and Module Handbook

Postgraduate Programme and Module Handbook 2016-2017 (archived)

Module BUSI4ZL15: FINANCIAL MANAGEMENT (ONLINE)

Department: Business School (Business)

BUSI4ZL15: FINANCIAL MANAGEMENT (ONLINE)

Type Tied Level 4 Credits 15 Availability Available in 2016/17 Module Cap
Tied to N2K307
Tied to N5K107
Tied to N6K107
Tied to N1KY07
Tied to N2K507
Tied to N5K407
Tied to N1N107
Tied to N6K207
Tied to N5K507

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.
  • 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 via online learning, divided up into study weeks with specially produced resources within each week. Resources vary according to the learning outcomes but normally include: video content, directed reading, reflection through activities, opportunities for self-assessment and peer-to-peer learning within a tutor-facilitated discussion board. Tutors provide feedback on formative work and facilitate discussion board communication as well as being available for individual consultation as necessary (usually by email and Skype). 
  • The summative assessment of the module is designed to test the acquisition and articulation of knowledge and critical understanding, and skills of application and interpretation within the business context.

Teaching Methods and Learning Hours

Activity Number Frequency Duration Total/Hours
Video content, directed reading, self-assessed assignments and guidance for further reading 150
Total 150

Summative Assessment

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

Formative Assessment:

A written assignment of 1,500 words, or its multimedia equivalent, which may involve some group work.


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