Module Details
Module Code: |
FNCE C3323 |
Module Title:
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Business Finance
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Title:
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Business Finance
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Module Level:: |
7 |
Module Coordinator: |
Martin Meagher
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Module Author:: |
Andrea McNamara
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Module Description: |
The aim of this module is to develop financial skills and knowledge expected of a business manager, in relation to financial statement analysis and interpretation, cost volume profit analysis and full costing and customer profitability analysis (enabled by the completion of business financial accounting 2 and business management accounting).
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Learning Outcomes |
On successful completion of this module the learner will be able to: |
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Learning Outcome Description |
LO1 |
Define and explain the key terms, concepts, theories and practices associated with the business finance module. |
LO2 |
Identify and apply relevant business finance techniques when presented with defined and undefined practical business problems. |
LO3 |
Analyse, prepare and evaluate results within a business finance framework and present recommendations. |
Dependencies |
Module Recommendations
This is prior learning (or a practical skill) that is recommended before enrolment in this module.
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No recommendations listed |
Co-requisite Modules
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No Co-requisite modules listed |
Additional Requisite Information
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No Co Requisites listed
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Indicative Content |
Introduction to Business Finance
Role of the finance function; Corporate objectives; Agency theory; Forms of business organisation, Key developments in finance.
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Financial Statement Analysis and Interpretation
Layout and interpretation of key financial statements; Key steps in financial ratio analysis; Key financial ratios and classification (profitability, working capital, liquidity and capital structure); Calculation of key ratios for assessing financial performance and position of a business; Limitations of ratio analysis.
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Cost-Volume-Profit Analysis and Decision-Making
Cost behaviour: fixed, variable, semi-fixed, semi-variable; Separation of fixed and variable costs; Break-even analysis; Cost structure analysis (operating leverage); Limitations of break-even analysis; Contribution analysis for discontinuation of an activity and one-off contracts; Qualitative factors in decision-making.
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Full Costing & CPA Analysis
Full cost of an unit of ouput, Overhead absorption techniques, customer profitability analysis (CPA), Output decisions in limiting factor situations.
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Module Content & Assessment
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Assessment Breakdown | % |
Continuous Assessment | 30.00% |
End of Module Formal Examination | 70.00% |
AssessmentsFull Time
End of Module Formal Examination |
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SETU Carlow Campus reserves the right to alter the nature and timings of assessment
Module Workload
Workload: Full Time |
Workload Type |
Workload Category |
Contact Type |
Workload Description |
Frequency |
Average Weekly Learner Workload |
Hours |
Lecture |
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Contact |
No Description |
Every Week |
3.00 |
3 |
Independent Learning |
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Non Contact |
No Description |
Every Week |
6.00 |
6 |
Total Weekly Contact Hours |
3.00 |
Workload: Part Time |
Workload Type |
Workload Category |
Contact Type |
Workload Description |
Frequency |
Average Weekly Learner Workload |
Hours |
Lecture |
|
Contact |
No Description |
12 Weeks per Stage |
1.50 |
18 |
Independent Learning Time |
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Non Contact |
No Description |
15 Weeks per Stage |
7.13 |
107 |
Total Weekly Contact Hours |
1.50 |
Module Resources
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Recommended Book Resources |
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Atrill, P. & McLaney, E.. (2018), Accounting and Finance for Non-Specialists, 11th. Pearson.
| Supplementary Book Resources |
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Atrill, P. & McLaney, E.. (2018), Management Accounting for Decision-Makers, 9th. Pearson.
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Proctor, R.. (2012), Managerial Accounting: Decision-Making and Performance Improvement, 4th. FT Press.
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Atrill, P.. (2019), Financial Management for Decision Makers, 9th. Pearson.
| Recommended Article/Paper Resources |
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Journal, Journal of Banking and Finance.
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Journal, Journal of Finance.
| Other Resources |
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Irish Times,
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Financial Times,
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Business Post,
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Independent,
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Euronext Dublin,
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Reuters,
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Yahoo UK and Ireland Finance,
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Business World,
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Annual Reports,
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Nexis Uni,
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