Module: Financial Management

Module details

  • Module code

    2023

  • Module leader

    Dr Ayodeji Owoeye

  • Module Level

    5

  • Module credits

    15

  • Min study time

    150 hours

  • Contact hrs

    36 hours

Module content

The module will include:

  • The role of the finance function in business;
  • A review of managerial accounting concepts;
  • Financial planning and projected financial statements;
  • Analysis and interpretation of financial statements;
  • Capital investment appraisal: techniques and issues;
  • Risk, return and capital investment appraisal;
  • Sources of finance and financial markets;
  • The cost of capital and the capital structure decision; and
  • The management of working capital. 

Module outcomes

On successful completion of this module a student should be able to:

  1. Explain the role of the finance function within a business and its relationship with the corporate planning process;
  2. Demonstrate the ability to apply basic management accounting skills;
  3. Analyse and interpret financial statements from the perspective of corporate governance, financial management and external users;
  4. Estimate the financial needs of a business, identify and select from alternative sources of finance and provide a rationale for the choice; and
  5. Appraise capital investment projects and select suitable projects in the context of financial constraints, risk factors and company objectives.

Assessment

Assessment Description Weighting
Coursework Report on corporate financial planning (1000 words) 40%
Examination (Timed assessment) analysing a financial case study (2 hours) 60%

Assessments may differ in 2020/21 due to adjustments for Covid-19. Please check Gateway for the latest regulations.

Key texts

Key Texts: 

  • Atrill, P., & McLaney, E. (2015). Accounting and finance for non-specialists. (9th ed.). Harlow: Pearson Education. 
  • Dyson, J., & Franklin, E. (2017). Accounting for non-accounting students. (9th ed.). Harlow: Pearson. 

Additional Reading: 

  • Collis, J., Holt, A., & Hussey, R. (2017). Business accounting (3rd ed.). Palgrave.
  • Horner, D. (2017). Accounting for Non-Accountants. (11th ed.). Kogan Page.
  • McLaney, E. (2017). Business Finance: Theory and Practice. (11th ed.). Pearson Education.

Supporting texts