This is an archived handbook for a previous year. The current undergraduate and postgraduate handbooks can be viewed using the links above.
Postgraduate Handbook 2019-2020 (archived)
Module BUSI53115: Financial Management
Department: Management and Marketing
BUSI53115: Financial Management
| Type | Level | Credits | Availability | Module Cap | Location |
|---|---|---|---|---|---|
| Open | 4 | 15 | Available in 2019/2020 | Durham |
Pre-requisites
- None
Corequisites
- None
Excluded Combinations
- None
Aims
- To provide students with the ability to critically evaluate the information needs of management for control and for decision making;
- To provide students with a critical understanding of the context of the use of management accounting information for control and an appreciation of the limitations of the information.
Content
- Costs for control and short-term decision making
- Budgeting and performance measurement
- Cash flow forecasting and working capital management
- Long-term corporate decision making and managerial incentives
- Investment appraisal and real options
- Corporate debt management
Learning Outcomes
Subject-specific Knowledge
- Have an advanced knowledge and critical understanding of the information needs of management for control and decision making;
- Have a critical appreciation of the context of the use of that information;
- Have a critical appreciation of recent academic literature in this area and the implications for current management practice.
Subject-specific Skills
- Be able to use selected tools of financial decision making to see the benefits of informed decision making.
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 learning outcomes will be met by a combination of lectures, workshops, case studies and guided reading.
- The assessment of the module, by the written examination, is designed to test the acquisition and articulation of knowledge, and the ability to apply and interpret it in specific contexts.
Teaching Methods and Learning Hours
| Activity | Number | Frequency | Duration | Total Hours | Attendance Monitored |
|---|---|---|---|---|---|
| Lectures/workshops | 9 | weekly | 2 hours | 18 | |
| Seminars | 4 | fortnightly | 1 hour | 4 | Yes |
| Preparation & Reading | 128 | ||||
| Total | 150 |
Summative Assessment
| Component | Component Weighting | Element | Length/Duration | Element Weighting | Resit Opportunity |
|---|---|---|---|---|---|
| Examination | 100% | Unseen written examination in two sections: multiple-choice and essay-type. | 2 hours | 100% | Same |
Formative Assessment
Participation in computer based student self-assessment exercises.
Students who do not attend monitored activities shown under Teaching Methods
and Learning Hours, or who fail to complete the summative or formative
assessment(s) specified above, may be subject to the Academic Progress
procedures defined in the University's General Regulation V, and may be
required to leave the University.