Module Title |
Financial Management
|
Module Code |
EF209
|
School |
DCUBS
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Online Module Resources
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Module Co-ordinator | Mr Liam Hourihane | Office Number | Q127 |
Level |
2
|
Credit Rating |
5
|
Pre-requisite |
None
|
Co-requisite |
None
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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.
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Learning Outcomes
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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.
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Indicative Time Allowances
|
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Hours
|
Lectures |
24
|
Tutorials |
12
|
Laboratories |
0
|
Seminars |
0
|
Independent Learning Time |
39
|
|
|
Total |
75
|
Placements |
|
Assignments |
|
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NOTE
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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.
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Indicative Syllabus
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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.
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Assessment | Continuous Assessment | 0% | Examination Weight | 100% |
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Indicative Reading List
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Lumby, Stephen Investment and Financing Decisions 5 editionBrealy & Myres Principles of Corporate Finance(Latest edition of text in each case.)
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Programme or List of Programmes
|
BS | Bachelor of Business Studies |
BSSA | Study Abroad (DCU Business School) |
BSSAO | Study Abroad (DCU Business School) |
ECSA | Study Abroad (Engineering & Computing) |
ECSAO | Study Abroad (Engineering & Computing) |
HMSA | Study Abroad (Humanities & Soc Science) |
HMSAO | Study Abroad (Humanities & Soc Science) |
IBLFG | BA in Inter. Business & Lang. (Fr/Ge) |
IBLFS | BA in Inter. Business & Lang. (Fr/Sp) |
IBLGS | BA in Inter. Business & Lang. (Ge/Sp) |
IBLJ | BA in Inter. Business & Lang. (Japanese) |
SHSA | Study Abroad (Science & Health) |
SHSAO | Study Abroad (Science & Health) |
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