This subject introduces the student to the core concepts and key topic areas of financial management in business. It includes an overview of the role of finance in modern enterprises and reviews the sources of finance currently available in the economy. It examines the valuation techniques and the tools available to the modern financial manager in reaching key decisions and the related management of financial risk.
Its aim is to enhance the management effectiveness of students, by providing them with a broad conceptual understanding of the principles, tools and methodologies used by financial advisors to help the firm form an understanding of its financial objectives.
Introduction to the Financial Environment
Analysis and interpretation of published financial statements of public limited companies (Plc's)/ Ratio Analysis
Sources of finance for business,
Investment Evaluation Techniques - Payback, NPV, IRR, Discounted cash flows and valuation,
Evaluation of the Cost of Capital in a company
Management of Working Capital - Inventory, Receivables, Payables, and importance of cash conversion cycle in retail environments
Formal lectures, tutorials and problem solving. Problems will be worked on by learners in the class environment as well as externally.
Continuous feedback and support will be given in order to identify problems where they arise.
Students will be assigned problems in advance of tutorial classes and will be required to present their solutions during the tutorial.
| Module Content & Assessment | |
|---|---|
| Assessment Breakdown | % |
| Formal Examination | 50 |
| Other Assessment(s) | 50 |