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FINA8016 - Advanced Financial Planning

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Title:Advanced Financial Planning
Long Title:Advanced Financial Planning
Module Code:FINA8016
 
Duration:1 Semester
Credits: 5
NFQ Level:Advanced
Field of Study: Business & Management
Valid From: Semester 1 - 2020/21 ( September 2020 )
Module Delivered in 1 programme(s)
Next Review Date: June 2025
Module Coordinator: Sinead Reen
Module Author: JANE O KEEFFE
Module Description: Financial Management addresses the ways in which organisations allocate and use monetary resources over time. An understanding of financial decision making and the tools and techniques used to make the decisions for both long-term and short-term timeframes particularily relevant to Supply Management.
Learning Outcomes
On successful completion of this module the learner will be able to:
LO1 Describe the importance of the role of financial management in the modern institution, and identify business concepts as they relate to supply chain management
LO2 Illustrate the concept of the time value of money and use this principle and other investment appraisal techniques to evaluate various investment proposals
LO3 Evaluate the functioning of the securities markets, foreign exchange risk management, and methods for raising equity finance
LO4 Summarise the importance of xcapital structure for companies and understand the concept of cost of capital
LO5 Appraise detailed ratio analysis and working capital concepts to optimise performance
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 MTU 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
• Overview of Finance
Introduction to finance and shareholder value – What maximises shareholder value? Discussion of agency theory and ethical concerns.
• Investment Appraisal
Time value of money. Techniques for investment appraisal such as Payback, ARR, IRR, NPV – evaluation and comparison of techniques.
• Raising Equity Finance
Ordinary shares and shareholder rights, Primary Markets and IMO’s. stock markets and venture capitalists. Performance ratios such as dividend yield, EPS and PE ratios.
• Capital Structure
WACC and general introduction to theories on gearing.
• Working Capital Management
Working capital definition, Cash Management, Inventories and EOQ, Management of trade debtors.
• Ratio Analysis
Solvency ratios, Profitability ratios, Gearing ratios, Trend analysis, Limitations of Ratios.
• Foreign Exchange Risk Management
Internal v External risk management techniques. Introduction to FEC’s and Currency Options.
Assessment Breakdown%
Course Work30.00%
End of Module Formal Examination70.00%
Course Work
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Project The importance of finacial management in enabling organisations to maintain and enhance their operations and supply networks. 1,2 30.0 Week 7
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 Classroom lectures 2.0 Every Week 2.00
Tutorial Tutor support sessions 1.0 Every Week 1.00
Independent & Directed Learning (Non-contact) No Description 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
Lecture Class Lectures 2.0 Every Week 2.00
Lecturer Supervised Learning (Non-contact) Guided project and exam preparation 1.0 Every Week 1.00
Independent & Directed Learning (Non-contact) Research and reading for project delivery and exam sitting 4.0 Every Week 4.00
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 2.00
 

Module Resources

Recommended Book Resources
  • Power, Walsh & O'Meara 2005, Financial Management - An Irish Text, 2nd Edition Ed., Gill and McMillan, Dublin. Dublin, Ireland. [ISBN: 0717134829]
Supplementary Book Resources
  • Steven Leon 2015, Financial Intelligence for Supply Chain Managers: Understand the Link Between Operations and Corporate Financial Performance, Pearson Education Limited [ISBN: 9780133838312]
This module does not have any article/paper resources
This module does not have any other resources
 

Module Delivered in

Programme Code Programme Semester Delivery
CR_BGSCM_8 Bachelor of Business (Honours) in Global Supply Chain Management 1 Mandatory

Cork Institute of Technology
Rossa Avenue, Bishopstown, Cork

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