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MODULE SPECIFICATION TEMPLATE
MODULE DETAILS
Module title
Finanical Management
Module code
FN281
Level
Level 4
X
Level 6
Level 5
Level 7
Credit rating
20
Pre-requisites for
registration on this module
FA183 - Financial Accounting
MA182- Management Accounting
eventually it is anticipated that these
will be specified in terms of learning
outcomes; in the interim they should
be specified in terms of other
module codes, or equivalent
Type of module
20 credit year-through module
Period of time over which it is
delivered and mode of delivery
Brief description of
module content and/ or
aims
Overview (max 80 words)
The module provides an appreciation of financial decision making
within an organization. It explores decisions related to the financing of
an organization, the organizations long term investments and the
organizations operations.
Module team/ author/
coordinator(s)
Catherine Matthews and Jenny Robertson
Semester 1 or 2
1 through 2
Site/ campus where
delivered
Moulsecoomb
Field(s) for which module is appropriate and status in that field
Field
Status (mandatory/ compulsory/ optional)
Course(s) for which module is appropriate and status on that course
Course
Status (mandatory/ compulsory/ optional)
BSc (Hons) Accounting and Finance
Compulsory
BSc (Hons) Mathematics with Finance
Compulsory
Template updated: June 2011
MODULE AIMS, ASSESSMENT AND SUPPORT
Aims

To introduce the financial environments in which financial
decision making takes place and to explore the ideas and
practices of finance and financial management
To understand the workings of the financial system and evaluate
alternative sources of finance and assess investment
possibilities
To develop the knowledge and skills expected of a finance
manager in relation to the investment and financing decisions.


Learning outcomes/
objectives
On completion of this module students should be able to:
Subject specific:

Demonstrate an understanding of the sources of finance
available to an organization and the relationships of the
organization with the capital markets and the providers of funds.
Identify the relationship between risk and return and how the
level of risk can be affected by financing and investment
decisions.
Demonstrate an understanding of the financial decision making
processes and their applications in organisations and to
appreciate their practicality, strengths and shortcomings;
Demonstrate competence in the analysis and selection of
financial data and in its use to generate decision making
information.
Demonstrate an understanding of risk management techniques
and their application to business
Demonstrate understanding of and application of the principles
of business and assets valuations.





Cognitive:
Content
Template updated: June 2011

Demonstrate numeracy skills, including the ability to manipulate
financial and other numerical data and appreciate the statistical
concepts at an appropriate level.

Demonstrate skills in the use of communications.

The role of financial markets and institutions

The Stock Market and market efficiency

Sources of finance – equity and debt

Cost of capital and gearing

Traditional analysis of risk

Portfolio theory and the capital asset pricing model

Dividend decision

Investment appraisal, to take account of inflation, taxation,
capital rationing and risk.

Introduction to financial derivatives and managing exchange
rate risk

Working capital management
Teaching and learning
strategy
Allocation of study hours to activities
(including pre-module activities,
contact time, private study time and
assessment)
The module will use a mix of teaching and learning processes
including those detailed below. Students will be given questions to
prepare for seminars that will consolidate their understanding of the
topics introduced during lectures.
Lectures:
Seminars:
Workshops:
20
20
0
Open Learning:
Self Study:
Total:
Learning support
Including indicative reading,
computer packages, field trips etc
0
160
200
Indicative reading:
The latest editions of:
Arnold, G., Corporate Financial Management, Pearson
Atrill, P., Financial Management for Non-specialists, Pearson
Higson, C.J., Business Finance, Butterworths
Lumby, S. & Jones, C., Corporate Finance: Theory and Practice,
Cengage
McLaney, E. J., Business Finance: Theory and Practice, Pearson
Pike, R. & Neale, B., Corporate Finance and Investment, Pearson
Watson, D. & Head, A., Corporate Finance: Principles and Practice,
Pearson
Assessment tasks
Including weighting of individual
tasks
Coursework (30%): The coursework will be designed to assess the
application of decision-making using appropriate in-class assessments.
Examination (70%): An unseen three hour closed book exam designed
to test subject specific knowledge and understanding, and ability to
choose and use relevant techniques to formulate appropriate
responses to complex problems
EXAMINATION INFORMATION
Area examination board
Finance
External examiners
Name
Date appointed
Dr Bode Akinwande
QUALITY ASSURANCE
Date of first approval
May 2007
Only complete where this is not the
first version
Date of last revision
May 2010
Only complete where this is not the
first version
Date of approval for this
version
March 2012
Version number
5
Modules replaced
None
Specify codes of modules for which
this is a replacement
Template updated: June 2011
Template updated: June 2011