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 ADVANCED FINANCIAL MANAGEMENT
Code ACUL724
Coordinator Mr RS Stephens
Finance and Accounting
Robert.Stephens@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2019-20 Level 7 FHEQ Second Semester 20

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

        3.25

66.25
Timetable (if known)              
Private Study 133.75
TOTAL HOURS 200

Assessment

EXAM Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
Examination There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment. Assessment Schedule (When): Semester 2  195 minutes    100       
CONTINUOUS Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
             

Aims

To require students to apply relevant knowledge, skills and exercise professional judgement as expected of a senior financial executive or advisor, in taking or recommending decisions relating to the financial management of an organisation in private and public sectors.


Learning Outcomes

(LO1) Students will be able to explain and evaluate the role and responsibility of the senior financial executive or advisor in meeting conflicting needs of stakeholders and recognise the role of international financial institutions in the financial management of multinationals.

(LO2) Students will be able to evaluate potential investment decisions and assess their financial and strategic consequences, both domestically and internationally.

(LO3) Students will be able to assess and plan acquisitions and mergers as an alternative growth strategy.

(LO4) Students will be able to evaluate and advise on alternative corporate re-organisation strategies.

(LO5) Students will be able to apply and evaluate alternative advanced treasury and risk management techniques.

(S1) Flexibility and adaptability. Adaptability is demonstrated in lectures and assessments by reflecting on and responding to different scenarios and environments.

(S2) Problem solving skills. Problem solving is an integral part of the learning and assessment process due to its practical nature.

(S3) Numeracy. Numeracy skills will be developed through the application of techniques taught in lectures to various data sets.

(S4) Commercial awareness. Commercial awareness is developed through the use of practical real life examples in the lectures and supported self-learning.

(S5) Organisational skills. Organisational skills will be developed through prioritising time and deadlines, including time management in assessments.

(S6) Communication skills. Communication skills will be developed through practice examples and formative and summative assessment.

(S7) International awareness. Students will be encouraged to reflect on the international relevance of each topic studied.

(S8) Lifelong learning skills. Practical learning techniques which will provide a foundation for future learning and development.

(S9) Ethical awareness. Coverage of examples about ethical awareness in the interactive lecture environment and supported self learning.


Teaching and Learning Strategies

Interactive Lectures x 63 hours
Lectures will be delivered in full day blocks (9 days x 7 hours). A full day block of lectures involves the student attending class from 9am to 5pm with breaks. The day involves a range of activities which can include lectures, guided scenario and question practice, group work and open discussion on relevant business areas. Full day contact with academic staff therefore provides the opportunity for students to interact with each other and with academic staff, to work in teams and receive real time guidance.

Formative Progress Test x 3.25 hours

Self-directed learning x 133.75 hours
Students will utilise self-directed learning hours to undertake follow-up suggested work and wider reading.


Syllabus

 

A. Role of senior financial adviser in the multinational organisation

B. Advanced investment appraisal

C. Acquisition and mergers

D. Corporate reconstruction and reorganisation

E. Treasury and advanced risk management techniques

Library resources will be accessible through ‘Reading Lists @ Liverpool’

Vital will be used to support the module

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.