Module BUSI54415: Financial Management (DL)

Department: Management and Marketing

BUSI54415: Financial Management (DL)

Tied To

• N1D507: Entrepreneurship (distance learning) (see Postgraduate Handbook 2007-2008 for details)
• N1D707: Marketing (Distance Learning) (For students entering before January 2009) (see Postgraduate Handbook 2011-2012 for details)
• N1DM07: Management (Distance Learning) (For students entering before January 2009) (see Postgraduate Handbook 2011-2012 for details)

Pre-requisites

Corequisites

Excluded Combinations

Aims

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

Content

• Cash flow forecasting;
• Working capital management;
• Sources of finance;
• Costs for short term decision making;
• Time value of money;
• Long term decision making;
• Investment appraisal;
• Cost for control;
• Budgeting;
• Performance measurement.

Learning Outcomes

• By the end of the module, students should be able to:
• understand the principles of managing the working capital of an organisation;
• appreciate the principles of investment appraisal;
• explain and discuss alternative sources of financing for business;
• discuss the appropriate content of a system of management accounts;
• understand the concepts and types of cost involved in management accounting;
• describe and justify the traditional forms of business control in industry;
• relate the principles of control to business organisations
• appreciate the issues of performance measurement within organisations.

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

• Through a combination of learning materal, self assessed exercises and a formative assignment on key topical issues, together with guided reading.
• On the DL MA Programme each module is delivered in discrete Units which are equivalent to a lecture session. A DL Unit normally consists of specially written material, directed reading, reflection through self-assessed assignments and guidance for further reading.
• Each student is allocated a Tutor for each Module. the Tutor is tasked with providing feedback on formative work and is available for individual consultation as necessary. Tutoring is normally provided at a distance and may be conducted by email, telephone, post or fax.
• The DL Programme offers annual residential seminars. In addition to offering core curriculum, the seminars provide the opportunity for DL Students to interface with members of Faculty, meet Tutors and to interact with other members of the student cohort.
• Tutorials are conducted by email, post or fax. Students are unlikely to require more than 5 hours of telephone support form a tutor combined with a further 5 hours of tutor time in answering questions recevied by post, fax or email.

Teaching Methods and Learning Hours

Summative Assessment

Formative Assessment

Written assignment of 2,000 words (maximum)