This is an archived handbook for a previous year. The current undergraduate and postgraduate handbooks can be viewed using the links above.

Postgraduate Handbook 2025-2026 (archived)

Module FINN50115: Financial Management

Department: Finance

FINN50115: Financial Management

Type	Level	Credits	Availability	Module Cap	Location
Tied	4	15	Available in 2025/2026	None.	Durham

Tied To

Pre-requisites

None

Corequisites

None

Excluded Combinations

FINN40915 Mergers, Acquisitions and Other Corporate Restructuring.

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 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	10	1 per week	2 hours	20	Yes
Workshops	4	1 per fortnight	1 hour	4	Yes
Preparation, Reading, Data Collection and Independent Study				126
Total				150

Summative Assessment

Component	Component Weighting	Element	Length/Duration	Element Weighting	Resit Opportunity
Examination	100%	In-person examination	2 hours	100%

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.