Postgraduate Programme and Module Handbook 2020-2021 (archived)
Module ECON546JN: Financial Management
Department: Economics and Finance
ECON546JN: Financial Management
| Type | Tied | Level | 4 | Credits | 15 | Availability | Available in 2020/21 | Module Cap | None. |
|---|
| Tied to | N2P109J |
|---|---|
| Tied to | N2P209J |
Prerequisites
- None
Corequisites
- None
Excluded Combination of Modules
- 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. 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 | |
|---|---|---|---|---|---|
| Lectures | 10 | 1 per week | 2 hours | 20 | |
| Seminars | 4 | 1 per fortnight | 1 hour | 4 | ■ |
| Preparation, Reading, Data Collection and Independent Study | 126 | ||||
| Total | 150 |
Summative Assessment
| Component: Examination | Component Weighting: 100% | ||
|---|---|---|---|
| Element | Length / duration | Element Weighting | Resit Opportunity |
| 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.
■ 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