Module BUSI4ZL15: FINANCIAL MANAGEMENT (ONLINE)

Department: Management and Marketing

BUSI4ZL15: FINANCIAL MANAGEMENT (ONLINE)

Tied To

• N1KY07: Entrepreneurship (Part-time) (see Postgraduate Handbook 2012-2013 for details)
• N1N107: Entrepreneurship (for students entering in April 2014 only) (see Postgraduate Handbook 2017-2018 for details)
• N2K307: Management (Part-Time) (for students entering between Oct 2010 - Oct 2012) (see Postgraduate Handbook 2018-2019 for details)
• N2K507: Management (for students entering between Oct 2013 - Oct 2014) (see Postgraduate Handbook 2018-2019 for details)
• N5K107: Marketing (Part-Time) (for students entering between Oct 2010 - Oct 2012) (see Postgraduate Handbook 2017-2018 for details)
• N5K407: Marketing (for students entering in April 2013 only) (see Postgraduate Handbook 2016-2017 for details)
• N5K507: Marketing (for students entering from April 2014) (see Postgraduate Handbook 2016-2017 for details)
• N6K107: Human Resource Management (Part-time) (see Postgraduate Handbook 2012-2013 for details)
• N6K207: Human Resource Management (for students entering from October 2013) (see Postgraduate Handbook 2016-2017 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

• 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

• 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.

• 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.

• 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

Summative Assessment

Formative Assessment

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