Module Details
Module Code: |
FNCE |
Module Title:
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Financial Management
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Title:
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Financial Management
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Module Level:: |
7 |
Module Coordinator: |
Janette Davies
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Module Author:: |
Ailish O'Brien
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Module Description: |
The aim of this module is to develop students' skills, knowledge and competences relating to the financial management decisions of organisations.
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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 |
Evaluate the financial management function and corporate governance issues facing organisations. |
LO2 |
Assess traditional and discounted models of investment appraisal and assess the methods used to review and control capital
expenditure projects |
LO3 |
Interpret and analyse the financial statements of a business using ratio analysis |
LO4 |
Apply working capital management techniques to a range of scenarios. |
LO5 |
Evaluate various sources of business finance and funding opportunities |
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 |
Financial context
Capital markets, financial institutions, corporate objectives, corporate governance and the role of finance in an international context.
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Interpretation of financial statements
Ratio analysis, predictors of financial distress, limitations to financial analysis, financial analysis in the context of different types of organisations adopting a reporting format.
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Sources of finance
Long, medium and short term funding. Applying for funding, government funding, venture capital.
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Capital investment appraisal
Net present value, internal rate of return, accounting rate of return, payback including relevant costs, inflation and taxation. Approaches to review and control capital expenditure projects
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Working capital management
Receivables, payables, cash, inventories management in a variety of organisational contexts.
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Module Content & Assessment
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Assessment Breakdown | % |
Continuous Assessment | 40.00% |
Project | 30.00% |
Practical | 30.00% |
AssessmentsFull Time
No End of Module Formal Examination |
Part Time
No End of Module Formal Examination |
Reassessment Requirement |
Exam Board
It is at the discretion of the Examination Board as to what the qualifying criteria are.
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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 |
|
Contact |
Lectures including group work, class exercises, case studies and scenarios. |
12 Weeks per Stage |
6.00 |
72 |
Independent Learning Time |
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Non Contact |
Independent research, group activities, project work, research using academic and professional bodies. |
15 Weeks per Stage |
11.87 |
178 |
Total Weekly Contact Hours |
6.00 |
Workload: Part Time |
Workload Type |
Workload Category |
Contact Type |
Workload Description |
Frequency |
Average Weekly Learner Workload |
Hours |
Lecture |
|
Contact |
Lectures including group work, class exercises, case studies and scenarios |
12 Weeks per Stage |
3.00 |
36 |
Independent Learning |
|
Non Contact |
Independent research, group activities, project work, research using academic and professional bodies. |
15 Weeks per Stage |
5.93 |
89 |
Total Weekly Contact Hours |
3.00 |
Module Resources
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Recommended Book Resources |
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Atrill, P.. (2019), Financial Management for Decision Makers, 9th Edition. [ISBN: 9781292311432].
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Ward, A.M.. (2020), !!!Book Not Found, 4th Edition. CAI PUblications, Ireland, [ISBN: 978-1-912350].
| Supplementary Book Resources |
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Higgins, R.. (2018), Analysis for Financial Management, 12th Edition. McGraw Hill, United States of America, [ISBN: 978-125991896].
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McLanley, E.. (2017), Business Finance, 11th Edition. Pearson Education Limited, United Kingdom, [ISBN: 97812921344].
| Recommended Article/Paper Resources |
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Purewal, K. and Haini, H.. (2021), Re-examining the effect of financial
markets and institutions on economic
growth: evidence from the OECD countries, Economic Change and Restructuring, January,
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Dhole, S., Mishra, S. and Mohan Pal, A.. (2019), Efficient working capital management,
financial constraints and firm value: A
text-based analysis, Pacific Basin Finance Jouranl, 58,
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Altman. (2020), Applications of Distress Prediction
Models:What Have We Learned After 50
Years from theZ-Score Models?, International Journal of Financial
Studies,
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Ashraf, S. FĂ©lix, E..G. and
Serrasqueiro, Z.. (2019), Do Traditional Financial Distress
Prediction ModelsPredict the Early
Warning Signs of Financial Distress?, Journal of Risk and Financial Management, 12(55),
| Other Resources |
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Irish Central Bank. Website, Dublin,
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Irish Financial Services Centre. Website, Dublin,
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Irish Stock Exchange. Website, Dublin,
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The Wheel. Website, Dublin,
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The World Bank. Website,
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Financial Reporting Council. Website,
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