Module title
Financial Management
Module code
INT3605
Academic year(s)
2015/6
Credits
15
Basic module details
Module staff
Stephen Astbury - Convenor
Areeya Srisai - Lecturer
Duration (weeks) - term 1
10
Duration (weeks) - term 2
Duration (weeks) - term 3
Number students taking module (anticipated)
60
Description - summary of the module content
Module description
This module aims to give you a solid foundation in the theory and practice of financial accounting. It will also provide you with
the understanding of the role of management accounting in monitoring, controlling and planning an organisation's activities.
You will develop the knowledge and skills that you need to progress to further study of financial reporting.
This module is suitable for both specialist and non-specialist students.
Module aims - intentions of the module
Module aims
The main purpose of the module is to study the techniques used in managing the finances of a business, and how to monitor
and control the business performance.
Intended learning outcomes (ILOs)
ILO: Module-specific skills
1. Interpret and apply internal management accounts and a company’s report, balance sheet, cash flow and income statement
2. Use knowledge and skills in financial management for application in future work place situations
ILO: Discipline-specific skills
3. Analyse critically the financial situation of a company
ILO: Personal and key skills
4. Set personal objectives, manage time and tasks
5. Evaluate your own performance against given criteria
6. Learn effectively and be aware of your own learning strategies, including learning independently and co-operatively
Syllabus plan
Syllabus plan
Introduction to financial management and the finance markets; traditional accounting statements – the balance sheet and profit
and loss account; measuring company performance; analysis of financial statements and ratios; managing working capital;
cash flow analysis; analysis of a company’s report and account; cost for decision making; budgeting; principles of capital
investments decisions; financing the firm / company – long term / stock exchange; short term finance. Note taking, time
management and reflecting on learning.
Learning and teaching
Learning activities and teaching methods (given in hours of study time)
Scheduled Learning and Teaching
Activities
Guided independent study
Placement / study abroad
30
120
0
Details of learning activities and teaching methods
Category
Hours of study time
Description
Contact hours
10
Lectures
20
Seminars/Tutorials
10
Study Clinic (Optional)
Online learning (myaccountinglab)
20
Purpose designed accompaniment to
text
In-house workbook
30
Directed homework
30
Self-Study
30
Assessment
Formative assessment
Form of assessment
Size of the assessment (eg
length / duration)
ILOs assessed
Feedback method
Online quizzes
1 x 60 minutes
1-3
Correct Answers
In-class test
2 hours
1-3
Correct Answers and verbal
feedback in class tutorial
Summative assessment (% of credit)
Coursework
Written exams
Practical exams
0
100
0
Details of summative assessment
Form of assessment
% of credit
Size of the
assessment (eg
length / duration)
ILOs assessed
Feedback method
On-line tests using
Pearson
‘myaccountinglab’
30
3 X 60 minutes, weeks
4, 7 and 9
1-3
On line answers
3 hours
1-3,4,6
Written
Exam (50% cold
questions / 50% based
on background
70
information given out in
advance)
0
0
0
Re-assessment
Details of re-assessment (where required by referral or deferral)
Original form of assessment Form of re-assessment
ILOs re-assessed
Timescale for reassessment
All as above
1 - 4,6
Within four weeks and before
the exam board
Exam
Re-assessment notes
In cases of referral, final exam is retaken and the original marks for on-line tests and portfolio will stand. In cases of deferral,
the exam will replace the total mark for the module.
Resources
Indicative learning resources - Basic reading
Atrill, P. & McLaney, E. (2013). Accounting and Finance for Non-Specialists 8th edition. Harlow: Prentice Hall. ISBN:
0273745964
Module has an active ELE page?
Yes
Indicative learning resources - Web based and electronic resources
Pearson MyAccountingLab - http://myaccountinglab.mathxl.com/login_malintl.htm
ELE – http://vle.exeter.ac.uk/course/view.php?id=3296
Indicative learning resources - Other resources
Chapman, C. (2006). How Stock Markets Work. Random House. ISBN: 1905211058.
Ellis, J. & Williams, D. (1993). Corporate Strategy and Financial Analysis. London: Pitman. ISBN: 027303796x
Howells, P. G. A. & Bain, K. (1990). Financial Markets and Institutions. London: Longman. ISBN: 058200470
Tyler, S. (2007). The Manager’s Good Study Guide. Milton Keynes: The Open University.
Tyran, M. (adapted by M. Ward) (1992). Business and Financial Ratios. Woodhead-Faulkner. ISBN: 0859417956.
Watts, B. K. R. (1994). Business Finance. London: M & E Handbooks. ISBN: 06258828
In-house designed progressive workbook with spreadsheet solutions.
Other details
Module ECTS
7.5
Module pre-requisites
Module co-requisites
NQF level (module)
6
Available as distance learning?
No
Origin date
17/07/2001
Last revision date
24/08/2015
Key words search
Financial statements, finance, management accounting