Durham University
Programme and Module Handbook

Undergraduate Programme and Module Handbook 2022-2023 (archived)

Module ACCT2071: Financial Management

Department: Accounting

ACCT2071: Financial Management

Type Tied Level 2 Credits 20 Availability Available in 2022/23 Module Cap None. Location Durham
Tied to N408
Tied to N409


  • None


  • None

Excluded Combination of Modules

  • None


  • To provide students with an understanding of how businesses operate and how accounting and finance functions support businesses in achieving their objectives.
  • To enable students to recommend relevant options for financing a business, recognise and manage financial risks and make appropriate investment decisions.


  • Financing options
  • Managing financial risk
  • Investment decisions and valuation

Learning Outcomes

Subject-specific Knowledge:
  • On completion of this module students should be able to:
  • Recommend relevant options for financing a business
  • Recognise and manage financial risks
  • Make appropriate investment decisions
  • Resolve ethical dilemmas
Subject-specific Skills:
  • On completion of this module students should be able to:
  • Identify capital requirements of businesses, assess financing options and recommend relevant methods of financing
  • Identify the financial risks facing a business and the principal methods of managing those risks
  • Apply appropriate investment appraisal techniques, taking into account other factors affecting investment decisions
  • Understand the implications of financial strategy for all stakeholders, and resolve ethical dilemmas
Key Skills:
  • develop a range of generic transferable skills relating to research
  • acquire appropriate skills for synthesis of data
  • show critical thinking and creativity
  • apply professional scepticism
  • develop problem solving skills
  • apply numerical, information and IT skills at an appropriate advanced level

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

  • Learning will be based on knowledge transfer from workshops and independent study; workshop activities and discussions provide the technical understanding of the main financial management techniques.
  • The summative examinations will assess students’ understanding of the main financial management theories and technical mechanisms through problem solving and reflection on learning.

Teaching Methods and Learning Hours

Activity Number Frequency Duration Total/Hours
Workshops 18 2 per week 2 hours 36
Revision Workshop 1 Once 2 hours 2
Preparation, Reading and Independent Study 162
Total 200

Summative Assessment

Component: Examination 2 Component Weighting: 70%
Element Length / duration Element Weighting Resit Opportunity
Written examination 2 hours 30 mins 100% Same
Component: Examination 1 Component Weighting: 30%
Element Length / duration Element Weighting Resit Opportunity
Written examination 1 hour 30 mins 100% Same

Formative Assessment:

Mock exam

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