ULMS Electronic Module Catalogue

The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module.
Title FINANCIAL STRATEGY AND MANAGEMENT
Code ACUL610
Coordinator Miss JA Moore
Management School
Julie.Moore@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2019-20 Level 6 FHEQ Summer (June-September) 15

Pre-requisites before taking this module (other modules and/or general educational/academic requirements):

 

Modules for which this module is a pre-requisite:

 

Programme(s) (including Year of Study) to which this module is available on a required basis:

 

Programme(s) (including Year of Study) to which this module is available on an optional basis:

 

Teaching Schedule

  Lectures Seminars Tutorials Lab Practicals Fieldwork Placement Other TOTAL
Study Hours 63

        3

66
Timetable (if known)              
Private Study 84
TOTAL HOURS 150

Assessment

EXAM Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
Written exam There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment. Assessment Schedule (When) :Summer  3 hours    100       
CONTINUOUS Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
             

Aims

To develop the knowledge and skills expected of a finance manager, in relation to investment, financing and financial risks, and dividend policy decisions.


Learning Outcomes

(LO1) Students will be able to discuss the role and purpose of the financial management function.

(LO2) Students will be able to assess and discuss the impact of the economic environment on financial management.

(LO3) Students will be able to discuss and apply working capital management techniques.

(LO4) Students will be able to apply appropriate investment appraisal techniques.

(LO5) Students will be able to discuss and apply principles of business and asset valuations.

(LO6) Students will be able to identify capital requirements of businesses, assess financing options and recommend relevant methods of financing.

(LO7) Students will be able to identify and explain the financial risks facing a business and the principal methods of managing those risks.

(LO8) Students will be able to evaluate the ethical implications of an entity's financial strategy (including those for the organisation, individuals and other stakeholders) and suggest appropriate courses of action to resolve ethical dilemmas that may arise.

(S1) Adaptability

(S2) Problem solving skills

(S3) Numeracy

(S4) Commercial awareness

(S5) Organisational skills

(S6) Communication skills

(S7) International awareness

(S8) Lifelong learning skills

(S9) Ethical awareness


Teaching and Learning Strategies

Teaching Method 1 - Interactive lectures
Description: Full day lectures
Attendance Recorded: Yes
Notes: Modules have been timetabled in such a manner as to provide intensive periods of teaching alternated with periods for self-study and reflection. The direct student contact hours are substantial across the modules in order to ensure sufficient material coverage to secure planned professional body exam exemptions.

Teaching Method 2 - Formative Feedback (e.g. peer, revision sessions)
Description: Formative progress test
Attendance Recorded: Yes

Self-Directed Learning Description: Follow-up suggested work and wider reading


Syllabus

 

A) Financial management function B) Financial management environment C) Working capital management D) Investment appraisal E) Business valuations F) Business finance G) Risk management H) Ethics Library resources will be accessible through 'Reading Lists @ Liverpool' Vital will be used to support the course. Practice question and solutions will be provided.


Recommended Texts

Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module.