| Module Title: | Financial Management |
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| Language of Instruction: | English |
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| Teaching & Learning Strategies: |
Group work, problem-based activities, scenarios, case studies, lectures, peer evaluation. |
| Module Aim: |
The aim of this module is to develop students' skills, knowledge and competences relating to the financial management decisions of organisations. |
| Learning Outcomes |
| On successful completion of this module the learner should be able to: |
| LO1 |
Evaluate the financial management function and corporate governance issues facing organisations. |
| LO2 |
Assess traditional and discounted models of investment appraisal and assess the methods used to review and control capital
expenditure projects |
| LO3 |
Interpret and analyse the financial statements of a business using ratio analysis |
| LO4 |
Apply working capital management techniques to a range of scenarios. |
| LO5 |
Evaluate various sources of business finance and funding opportunities |
| Pre-requisite learning |
Module Recommendations
This is prior learning (or a practical skill) that is recommended before enrolment in this module.
|
| No recommendations listed |
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. |
| No incompatible modules listed |
Co-requisite Modules
|
| No Co-requisite modules listed |
Requirements
This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. |
| No requirements listed |
Module Content & Assessment
| Indicative Content |
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Financial context
Capital markets, financial institutions, corporate objectives, corporate governance and the role of finance in an international context.
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Interpretation of financial statements
Ratio analysis, predictors of financial distress, limitations to financial analysis, financial analysis in the context of different types of organisations adopting a reporting format.
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Sources of finance
Long, medium and short term funding. Applying for funding, government funding, venture capital.
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Capital investment appraisal
Net present value, internal rate of return, accounting rate of return, payback including relevant costs, inflation and taxation. Approaches to review and control capital expenditure projects
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Working capital management
Receivables, payables, cash, inventories management in a variety of organisational contexts.
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| Assessment Breakdown | % |
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| Continuous Assessment | 40.00% |
| Project | 30.00% |
| Practical | 30.00% |
| Continuous Assessment |
|---|
| Assessment Type |
Assessment Description |
Outcome addressed |
% of total |
Assessment Date |
| Case Studies |
Analysis and interpretation of financial statements, working capital management and capital investment appraisal. |
2,3,4 |
40.00 |
n/a |
| Project |
|---|
| Assessment Type |
Assessment Description |
Outcome addressed |
% of total |
Assessment Date |
| Project |
Group project involving the selection of topic related to corporate governance, ratio analysis/working capital management or funding. |
1,3,4,5 |
30.00 |
n/a |
| Practical |
|---|
| Assessment Type |
Assessment Description |
Outcome addressed |
% of total |
Assessment Date |
| Practical/Skills Evaluation |
Financial context, corporate governance and sources of finance. |
1,5 |
30.00 |
n/a |
| No End of Module Formal Examination |
| Continuous Assessment |
|---|
| Assessment Type |
Assessment Description |
Outcome addressed |
% of total |
Assessment Date |
| Case Studies |
Analysis and interpretation of financial statements, working capital management and capital investment appraisal. |
2,3,4 |
40.00 |
n/a |
| Project |
|---|
| Assessment Type |
Assessment Description |
Outcome addressed |
% of total |
Assessment Date |
| Project |
Group project involving the selection of topic related to corporate governance, ratio analysis/working capital management or funding. |
1,3,4,5 |
30.00 |
n/a |
| Practical |
|---|
| Assessment Type |
Assessment Description |
Outcome addressed |
% of total |
Assessment Date |
| Practical/Skills Evaluation |
Financial context, corporate governance and sources of finance. |
1,5 |
30.00 |
n/a |
| No End of Module Formal Examination |
SETU Carlow Campus reserves the right to alter the nature and timings of assessment
Module Workload
| Workload: Full Time |
| Workload Type |
Frequency |
Average Weekly Learner Workload |
| Lecture |
12 Weeks per Stage |
6.00 |
| Independent Learning Time |
15 Weeks per Stage |
11.87 |
| Total Hours |
250.00 |
| Workload: Part Time |
| Workload Type |
Frequency |
Average Weekly Learner Workload |
| Lecture |
12 Weeks per Stage |
3.00 |
| Independent Learning |
15 Weeks per Stage |
5.93 |
| Total Hours |
125.00 |
Module Delivered In
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