Module Details

Module Code: FNCE C3323
Module Title: Business Finance
Title: Business Finance
Module Level:: 7
Credits:: 5
Module Coordinator: Martin Meagher
Module Author:: Andrea McNamara
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).
Learning Outcomes
On successful completion of this module the learner will be able to:
# 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.
Module Recommendations

This is prior learning (or a practical skill) that is recommended before enrolment in this module.

No recommendations listed
Co-requisite Modules
No Co-requisite modules listed
Additional Requisite Information
No Co Requisites listed
Indicative Content
Introduction to Business Finance
Role of the finance function; Corporate objectives; Agency theory; Forms of business organisation, Key developments in finance.
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.
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.
Full Costing & CPA Analysis
Full cost of an unit of ouput, Overhead absorption techniques, customer profitability analysis (CPA), Output decisions in limiting factor situations.
Module Content & Assessment
Assessment Breakdown%
Continuous Assessment30.00%
End of Module Formal Examination70.00%


Full Time

Continuous Assessment
Assessment Type Other % of Total Mark 30
Timing Week 6 Learning Outcomes 1,2,3
Non-marked No
Assessment Description
Class Assessment / Project / Presentation/ Case Study
No Project
No Practical
End of Module Formal Examination
Assessment Type Formal Exam % of Total Mark 70
Timing End-of-Semester Learning Outcomes 1,2,3
Non-marked No
Assessment Description
End of Semester Final Examination

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 Contact No Description Every Week 3.00 3
Independent Learning 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 Non Contact No Description 15 Weeks per Stage 7.13 107
Total Weekly Contact Hours 1.50
Module Resources
Recommended Book Resources
  • Atrill, P. & McLaney, E.. (2018), Accounting and Finance for Non-Specialists, 11th. Pearson.
Supplementary Book Resources
  • Atrill, P. & McLaney, E.. (2018), Management Accounting for Decision-Makers, 9th. Pearson.
  • Proctor, R.. (2012), Managerial Accounting: Decision-Making and Performance Improvement, 4th. FT Press.
  • Atrill, P.. (2019), Financial Management for Decision Makers, 9th. Pearson.
Recommended Article/Paper Resources
  • Journal, Journal of Banking and Finance.
  • Journal, Journal of Finance.
Other Resources
Discussion Note: