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FINA7002 - Financial Management Concepts

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Title:Financial Management Concepts
Long Title:Financial Management Concepts
Module Code:FINA7002
 
Duration:1 Semester
Credits: 5
NFQ Level:Intermediate
Field of Study: Banking, Finance and Investment
Valid From: Semester 1 - 2016/17 ( September 2016 )
Module Delivered in 2 programme(s)
Module Coordinator: Claire OSullivan Rochford
Module Author: COLM BARRY-MURPHY
Module Description: Students will study ratio analysis, working capital management, capital structure, foreign exchange risk management and dividend policy
Learning Outcomes
On successful completion of this module the learner will be able to:
LO1 Discuss the importance of capital structure for companies and outline the concept of cost of capital
LO2 Perform detailed ratio analysis on companies accounts under a number of criteria
LO3 Explain working capital management concepts and apply these concepts to optimise performance
LO4 Apply foreign exchange risk management methods such as hedging to minimise foreign exchange transaction and translation risk
LO5 Discuss and describe dividend policy and its importance in the context of 'signalling' and company considerations
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).
11583 FINA7001 Financial Mgt for Accountants
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
Capital structure
WACC,Theories on gearing,Traditional approaches to capital structure v Modigliani and Miller
Working Capital Management
Working capital definition,Cash Management,Stocks and EOQ,Managing Debtors
Ratio Analysis
Solvency ratios,Profitability ratios,Investment ratios,Gearing ratios. Trend analysis , limitations of ratios
Foreign Exchange risk management
Internal v External risk management techniques. Forwards,futures,currency risk
Dividend Policy
Signalling impact of dividend policy
Assessment Breakdown%
Course Work30.00%
End of Module Formal Examination70.00%
Course Work
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Presentation For Example 'Working Capital Management in a Recovery' 1,2,3 30.0 Week 8
End of Module Formal Examination
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Formal Exam End-of-Semester Final Examination 1,2,3,4,5 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 Theory 3.0 Every Week 3.00
Independent & Directed Learning (Non-contact) Study and Assignments 4.0 Every Week 4.00
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 3.00
Workload: Part Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Independent & Directed Learning (Non-contact) Study & Assignment 5.5 Every Week 5.50
Lecture Theory 1.5 Every Week 1.50
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 1.50
 

Module Resources

Recommended Book Resources
  • Chartered Accountants Ireland 2014, Finance Theory and Practice, Third Ed., Chartered Accountants Ireland [ISBN: 9781908199485]
  • Power, Walsh & O'Meara 2009, Financial Management : An Irish Text, 3rd Ed. [ISBN: 978071714554]
This module does not have any article/paper resources
Other Resources
 

Module Delivered in

Programme Code Programme Semester Delivery
CR_BACCT_8 Bachelor of Business (Honours) in Accounting 5 Mandatory
CR_BACCT_7 Bachelor of Business in Accounting 5 Mandatory

Cork Institute of Technology
Rossa Avenue, Bishopstown, Cork

Tel: 021-4326100     Fax: 021-4545343
Email: help@cit.edu.ie