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Module Specifications

Archived Version 2006 - 2007

Module Title Financial Management
Module Code EF209
School DCUBS

Online Module Resources

Module Co-ordinatorMr Liam HourihaneOffice NumberQ127
Level 2 Credit Rating 5
Pre-requisite None
Co-requisite None
Module Aims
(a) To introduce students to the nature and role of financial management in an organization.(b) To provide students with the theoretical framework, the practical understanding and the analytical tools necessary for planning and controlling investment and its financing in a business context.

Learning Outcomes
Students should:(a) understand the nature and importance of the financial management role in an organisation;(b) understand the general financial environment within which business operates and have the ability to participate meaningfully as members of a management team in the financial management process;(c) be able to apply financial management principles and techniques to capital investment decisions; to working capital management; and to financing mix decisions.

Indicative Time Allowances
Hours
Lectures 24
Tutorials 12
Laboratories 0
Seminars 0
Independent Learning Time 39

Total 75
Placements
Assignments
NOTE
Assume that a 5 credit module load represents approximately 75 hours' work, which includes all teaching, in-course assignments, laboratory work or other specialised training and an estimated private learning time associated with the module.

Indicative Syllabus
Introduction: Organizational and financial goals; nature, purposes and origin of financial management; relationship with other disciplines; investment and financing decisions; the finance function in an organization; financial markets; the financial services sector; capital markets; legal and tax environment.Valuation and Capital Investment Decisions: The valuation problem; time value of money; future and present values; valuation models; capital budgeting process; problems in evaluating investment proposals; techniques of investment appraisal; evaluation and comparison of techniques; ranking proposals; impact of taxation and inflation; introduction to dealing with uncertainty and risk; investment decisions in practice; post completion evaluation.Sources of Long-Term Finance: Sources and availability of long-term finance including share capital, retained earnings, debt, government sources and venture capital; leasing decisions; factors influencing the financing mix decision.Cost of Capital: Concept of the cost of capital; cost of equity (including CAPM) and debt; weighted average cost of capital; capital structure and cost of capital.
Assessment
Continuous Assessment0% Examination Weight100%
Indicative Reading List
Lumby, Stephen Investment and Financing Decisions 5 editionBrealy & Myres Principles of Corporate Finance(Latest edition of text in each case.)
Programme or List of Programmes
BSBachelor of Business Studies
BSSAStudy Abroad (DCU Business School)
BSSAOStudy Abroad (DCU Business School)
ECSAStudy Abroad (Engineering & Computing)
ECSAOStudy Abroad (Engineering & Computing)
HMSAStudy Abroad (Humanities & Soc Science)
HMSAOStudy Abroad (Humanities & Soc Science)
IBLFGBA in Inter. Business & Lang. (Fr/Ge)
IBLFSBA in Inter. Business & Lang. (Fr/Sp)
IBLGSBA in Inter. Business & Lang. (Ge/Sp)
IBLJBA in Inter. Business & Lang. (Japanese)
SHSAStudy Abroad (Science & Health)
SHSAOStudy Abroad (Science & Health)
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