Objective: Explain the major role of financial management and the different
individuals involved.
Subject: Business Finance
Grade Level: Grade 12
Learning across curriculum:
1. Economics - Understanding financial management is crucial in understanding the overall
economic system of a country.
2. Mathematics - Utilizing mathematical principles and calculations is essential in financial
management.
3. Entrepreneurship - Financial management plays a vital role in the success and
sustainability of entrepreneurial ventures.
Review Motivation:
1. Show a video clip of successful entrepreneurs discussing the importance of financial
management in their businesses.
2. Conduct a group discussion on the consequences of poor financial management in personal
and business contexts.
3. Share real-life case studies of companies that experienced financial difficulties due to
mismanagement.
Activity 1: Financial Management Roles
Materials: Whiteboard, markers
Instructions:
1. Divide the class into groups of 4-5 students.
2. Assign each group a specific financial management role (e.g., financial manager,
accountant, treasurer, financial analyst).
3. Ask each group to research and discuss the responsibilities and tasks associated with their
assigned role.
4. Each group presents their findings to the class.
Rubric:
Criteria:
- Accuracy of information (10 points)
- Clarity of presentation (10 points)
- Engagement and participation (10 points)
Assessment questions:
1. What are the responsibilities of a financial manager?
2. How does a financial analyst contribute to the decision-making process of a company?
Activity 2: The Role of Individuals in Financial Management
Materials: Handouts, pens
Instructions:
1. Distribute handouts containing profiles of different individuals (e.g., CEO, CFO,
shareholder, creditor).
2. In pairs, students analyze the profiles and discuss the role each individual plays in financial
management.
3. Each pair presents their analysis to the class.
Rubric:
Criteria:
- Accuracy of analysis (10 points)
- Clarity of presentation (10 points)
- Engagement and participation (10 points)
Assessment questions:
1. What is the primary role of a shareholder in financial management?
2. How does a creditor influence financial decision-making in a company?
Activity 3: Financial Management in Action
Materials: Internet access, laptops
Instructions:
1. In groups, students research and select a company of their choice.
2. Each group analyzes the financial statements (e.g., balance sheet, income statement) of the
chosen company.
3. Groups present their findings, highlighting the financial management practices employed
by the company.
Rubric:
Criteria:
- Accuracy of analysis (10 points)
- Clarity of presentation (10 points)
- Engagement and participation (10 points)
Assessment questions:
1. How can financial statements provide insights into a company's financial management
practices?
2. What specific financial management strategies did your chosen company employ?
Analysis:
Review the outcomes of each activity as a class, highlighting key insights and clarifying any
misconceptions.
Abstraction:
Discuss the major role of financial management and the importance of various individuals
involved in the process.
Application:
Present a real-life problem where students need to analyze and propose financial management
strategies for a company facing financial difficulties. Students should apply their knowledge
from the lesson to develop a comprehensive solution.
Assessment:
Teachers can assess student learning through group presentations, class discussions, and
individual written assignments. Rubrics can be used to evaluate accuracy of information,
clarity of communication, and active participation.
Assignment:
Research and write a reflective essay on the major role of financial management in achieving
business success. Include examples from real-life companies to support your arguments.