The Higher Canadian Institute for Engineering
Technology and Business
Quality Assurance Unit
Course Specification
Course Name: Working Capital Management
Course Code: ELCA 403
I. Basic Course Information
Program(s) on which the course is given: Business Administration
Core or elective course of program Core:
Department offering the course: Business
Academic level: Fourth
Semester in which course is offered: Fall
Course pre-requisite(s): BADM 214
Credit Hours: 3
Contact Hours Through:
Lecture
3.0
Tutorial*
2.0
Practical*
0.0
Total
5.0
Approval date of course specification: September 2013
II. Overall Aims of Course
 Understand the role of working capital in measuring the economic entity
liquidity (ability of the entity to settle its short-term obligation to the third
party in due dates) and differentiate between the different definitions of
Working Capital, also learn the technique of using cash and marketable
securities in cash management process, and how to use the characteristics
of short-term financing sources.
III. Program ILOs covered by course
Program Intended Learning Outcomes (By Code)
Knowledge &
Intellectual Skills
Professional Skills
Understanding
K3 , K4
I2 , I7
P6 , P7, P19
General
Skills
G5 , G9
1
The Higher Canadian Institute for Engineering
Technology and Business
Quality Assurance Unit
Course Specification
IV. Intended Learning Outcomes of Course (ILOs)
a. Knowledge and Understanding
On completing the course, students should be able to:
K.1 Recognize the operating and cash cycle
K.2Describe the important of float and how it affect the cash balance
K.3Explain how firms manage their cash and some of the collection, concentration
and disbursement techniques used
K.4 Extrapolate how the firms manage their receivables and the basic components
of the firm's credit policies.
b. Intellectual/Cognitive Skills
On completing the course, students should be able to:
I.1 Construct of the essentials of short – term financial planning
I.2 Assess the different types of short – term financial policy
I.3 Evaluate the types of inventory and inventory management systems used in
firms
c. Practical/Professional Skills
On completing the course, students should be able to:
P.1 Prepare schedule of sources and uses of cash in balance sheet
P.2 Analyze and test of the advantages and disadvantages to holding cash and some
ways to invest idle cash
P.3 Practice how to analyze the decision by a firm to grant credit
P.4 Resolve how to determine the costs of carrying inventory and the optimal
inventory level
d. General and Transferable Skills
On completing the course, students should be able to:
G.1 Assess , analyze and test for short term finance " working capital management
" used in firms
V. Course MatrixContents
Main Topics / Chapters
Short-Term Finance and
Planning
Cash and Liquidity
2Management
Credit and Inventory
3Management
Net Teaching Weeks
1-
Duration
(Weeks)
Course ILOs Covered by Topic
(By ILO Code)
K&U
I.S.
P.S.
G.S.
4
K1
I2
P2 , P3
G1
5
K3 , K4
I2 , I3
P1 , P4
G1
4
K2 , K4
I1 , I2
P1, P2 ,
P3
G1
13
2
The Higher Canadian Institute for Engineering
Technology and Business
Quality Assurance Unit
Course Specification
VI. Course Weekly Detailed Topics / hours / ILOs
Week
No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Sub-Topics
Total
Hours
Short-Term Finance and Planning
Tracing Cash and Net Working Capital
3
• The Operating Cycle and Cash
Cycle
• Some Aspects of Short-Term
5
Financial Policy
• The Cash Budget
5
• Short-Term Borrowing
• A Short-Term Financial Plan
5
Cash and Liquidity Management
• Reasons for Holding Cash
5
• Understanding Float
• Cash Collection and
5
Concentration
Midterm Exam
• Managing Cash Disbursements
5
• Investing Idle Cash
• Managing Cash Disbursements
5
• Investing Idle Cash
Characteristics of Short-Term Securities
5
Credit and Inventory Management
5
• Credit and Receivables
• Terms of the Sale
5
• Analyzing Credit Policy
• Optimal Credit Policy
• Credit Analysis
5
• Collection Policy
• Inventory Management
• Inventory Management
5
Techniques
Final Exam
Total Teaching Hours
63
Contact Hours
Theoretical
Practical
Hours
Hours*
3
3
2
3
2
3
2
3
2
3
2
3
2
3
2
3
2
3
2
3
2
3
2
3
2
39
24
3
The Higher Canadian Institute for Engineering
Technology and Business
Quality Assurance Unit
Course Specification
Teaching/Learning
Method
Lectures & Seminars
Tutorials
Computer lab Sessions
Practical lab Work
Reading Materials
Web-site Searches
Research & Reporting
Problem Solving /
Problem-based Learning
Projects
Independent Work
Group Work
Case Studies
Presentations
Simulation Analysis
Selected
Method
VII. Teaching and Learning Methods
Course ILOs Covered by Method (By ILO Code)
**
K3 , K4
K4
Intellectual
Skills
I2
I3
**
K2 , K4
I2 , I3
P1
G1
**
K4
I1, I3
P2 , P3 , P4
G1
**
**
K3 , K4
I1 , I2
P4
G1
**
K4
I3
P1 , P3, P4
G1
K&U
Professional
Skills
P3, P4
P4
General
Skills
G1
G1
Others (Specify):
Selected
Method
VIII. Assessment Methods, Schedule and Grade Distribution
Course ILOs Covered by Method
(By ILO Code)
Assessment
Method
K&U
I.S.
P.S.
G.S.
Midterm Exam
Week
No.
I2 , I3
I1 , I2,
I3
I2 , I3
P3 , P4
P1 , P2
, P3 ,P4
P 1 , P3
G1
% 20
7
G1
% 50
15
Quizzes
K4
K1 ,
**
K2,K3,K4
**
K3,K2
G1
%10
Course Work
**
K3 , K4
I2 , I3
P 2 . P4
G1
%10
3,5,9,12
2 , 4, 6,
8, 10, 12
, 14
**
K4
I3
P4
G1
%5
5,8,
14
**
K3
I2
P1, P4
G1
%5
6, 8, 13
Final Exam
Report Writing
Case Study
Analysis
Oral
Presentations
Practical
Group Project
Individual
Project
Others
(Specify):
**
Assessment
Weight /
Percentage
4
The Higher Canadian Institute for Engineering
Technology and Business
Quality Assurance Unit
Course Specification
IX. List of References
Essential Text Books
Course notes

Recommended books
Periodicals, Web sites,
etc …

Essential Text Books Ross , Westerfield and Jordan


Managerial finance , Lawrence J,Gitman
www.SSRN.com
X. Facilities required for teaching and learning
List the facilities required
 Membership in e-learning websites and e – learning international Journal for
researches
Course coordinator: Dr. Eman Ahmed
Head of Department: Dr. Dina Krema
Date: : September 2013
5