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FINA8003 - Financial Management

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Title:Financial Management
Long Title:Financial Management
Module Code:FINA8003
 
Duration:1 Semester
Credits: 5
NFQ Level:Advanced
Field of Study: Banking, Finance and Investment
Valid From: Semester 1 - 2016/17 ( September 2016 )
Module Delivered in 3 programme(s)
Next Review Date: February 2021
Module Coordinator: CAROLINE O REILLY
Module Author: BERNARD VALLELY
Module Description: This subject enables the student to appreciate the financial objectives of organisations, to advise clients in the context of a proposed sale/merger/acquisition of a business and to select appropriate (depending on circumstances) sources of finances for an organisation.
Learning Outcomes
On successful completion of this module the learner will be able to:
LO1 Explain the relationship between financial objectives, corporate objectives and corporate strategy.
LO2 Discuss and critique the present and emerging role of capital markets.
LO3 Explain and advise as to how to follow merger and acquisition processes and governing procedures.
LO4 Advise clients as to the indicative value of their business.
LO5 Prepare and present the financial elements of a business plan.
LO6 Explain and advise a client on the suitability of using the various sources of finance available to organisations.
Pre-requisite learning
Module Recommendations
This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named CIT module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. You may not earn additional credit for the same learning and therefore you may not enrol in this module if you have successfully completed any modules in the incompatible list.
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. You may not enrol on this module if you have not acquired the learning specified in this section.

No requirements listed
 

Module Content & Assessment

Indicative Content
Financial Objectives
Strategic Planning Process, Corporate Governance Imperatives, Corporate Social Responsibility and Ethical considerations, Objectives of Public and Not-For-Profit Organisations
Capital Markets
Role and nature of international capital markets,capital market efficiency
Mergers and Takeovers
Organic Vs Acquisitive Growth, City Code, Defence Mechanisms, Management Buy-Outs, Reasons for M & A activity, Due Diligence process.
Business Valuations
Earnings and assets valuation models
Preparation of cash-flow projections for a business plan
Cash budgets and cash-flow forecast preparation.
Sources of Finance
Term structure considerations (short, medium and long) and Gearing structure considerations (equity vs debt). The Dividend Decision
Assessment Breakdown%
Course Work30.00%
End of Module Formal Examination70.00%
Course Work
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Written Report Preparation of report for a corporate finance client. Where possible the intention is to give the students a Cross Modular assignment with modules Business Ethics and Strategy Analysis. 1,2,3 30.0 Week 9
End of Module Formal Examination
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Formal Exam End-of-Semester Final Examination 3,4,5,6 70.0 End-of-Semester
Reassessment Requirement
Repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.

The institute reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Lecture Lecture 3.0 Every Week 3.00
Tutorial Student Led Tutorial 1.0 Every Week 1.00
Independent & Directed Learning (Non-contact) Private Study 3.0 Every Week 3.00
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 4.00
Workload: Part Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Lecture Lecture 2.0 Every Week 2.00
Independent & Directed Learning (Non-contact) Private study 5.0 Every Week 5.00
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 2.00
 

Module Resources

Recommended Book Resources
  • Ward, Ann Marie 2014, Finance, Theory and Practice, 3rd Ed., 20, Chartered Accountants Ireland 47-49 Pearse Street, Dublin 2 [ISBN: 978190819948]
Supplementary Book Resources
  • Power, Walsh & O Meara 2009, Financial Management, An Irish Text, 3rd Ed., Gill & Macmillan Limited Dublin [ISBN: 978 07171 4554 6]
This module does not have any article/paper resources
Other Resources
  • Website: Chartered Asssociation of Certified Accountants
  • Website: Chartered Institute of Management Accountants
  • Website: Irish Stock Exchange
  • Website: Financial Times
  • Journal: Accountancy Age
  • Journal: Certified Accountant
  • Journal: Financial Director
  • Journal: Business and Finance
  • Newspaper: Financial Times
  • Newspaper: Wall Street Journal
 

Module Delivered in

Programme Code Programme Semester Delivery
CR_BBUSS_8 Bachelor of Business (Honours) 1 Mandatory
CR_BSPRT_8 Bachelor of Business (Honours) in Sport & Exercise Management 7 Mandatory
CR_BSPTE_8 Bachelor of Business (Honours) in Sport and Exercise 1 Mandatory

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