Module Details

Module Code: MGMT C4328
Module Title: Strategic Financial Management
Title: Strategic Financial Management
Module Level:: 8
Credits:: 5
Module Coordinator: Martin Meagher
Module Author:: Andrea McNamara
Domains:  
Module Description: The aim of this module is to develop strategic financial skills and knowledge expected of a business manager, in relation to working capital management, financing a business and strategic decision-making using investment appraisal (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 strategic financial management module.
LO2 Identify and apply relevant strategic financial management techniques when presented with defined and undefined practical business problems.
LO3 Analyse, prepare and evaluate results within a strategic financial management framework and present recommendations.
LO4 Critically evaluate the key theories, practices and techniques that are used to aid decision making in the area of strategic financial management.
Dependencies
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 Strategic Financial Management
Overall strategy of an organisation. Role of finance in supporting the strategic objectives of an organisation. Forms of an organisation.
Working Capital Management
Strategic management of working capital – working capital ratios, liquidity ratios and techniques for the management of inventory, trade receivables, cash and trade payables; Over-trading (symptoms, causes, identification and remedies); Determination of working capital requirement; Working capital funding strategies.
Financing a Business
Nature and role of financial markets and institutions; Methods of share issues; Sources of long, medium and short term equity and debt financing; Internal sources of finance; Private equity and other sources of finance suitable for small and medium sized businesses; Factors to consider when choosing a suitable source of finance; Pecking order theory; Working capital funding requirements and strategies. Evaluation of selected financing choices on shareholder wealth (earnings per share, share price).
Strategic Decision-Making using Investment Appraisal
Investment appraisal techniques, Identification of a projects relevant cash flows (including taxation and inflation effects); Importance of qualitative factors, single-period capital rationing, adjusting for risk and uncertainty.
Module Content & Assessment
Assessment Breakdown%
Continuous Assessment30.00%
End of Module Formal Examination70.00%

Assessments

Full Time

Continuous Assessment
Assessment Type Other % of Total Mark 30
Timing Week 6 Learning Outcomes 1,2,3,4
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 1,2,3,4
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 12 Weeks per Stage 3.00 36
Independent Learning Non Contact No Description 15 Weeks per Stage 5.93 89
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. and McLaney, E.. (2018), Accounting and Finance for Non-Specialists, 11th. Pearson.
  • Watson, D. and Head, A.. (2019), Corporate Finance Principles and Practices, 8th. Pearson.
Supplementary Book Resources
  • Ward, A.. (2020), Finance Theory and Practice, 4th. Chartered Accountants Ireland.
  • Atrill, P. and 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: