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 Managerial Finance
Code ULMS767
Coordinator Dr S Sainani
Finance and Accounting
S.Sainani@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2021-22 Level 7 FHEQ First Semester 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 6

12

      6

6

30
Timetable (if known) 60 mins X 1 totaling 6
 
120 mins X 1 totaling 12
 
      60 mins X 1 totaling 6
60 mins X 1 totaling 6
 
 
Private Study 120
TOTAL HOURS 150

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): First Semester  24 hours    70       
CONTINUOUS Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
Group assignment. There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment. Assessment Schedule (When): First Semester  -2500 words    30       

Aims

A framework to allow understanding of the role of accounting and finance in management and business and of the information provided by accounting and finance to support decision making by managers;

An understanding of the basic principles of accounting and finance;

An understanding of the basic techniques of preparation of accounting and finance information;

An understanding of the fundamentals of financial management and finance;

An understanding of the use of accounting and finance information in managerial decision-making;

An understanding of the relationships between accounting and finance and other management disciplines;

To introduce students to alternative and traditional forms of finance;

An understanding of why initiatives such as crowdfunding are growing areas of the new financial landscape.


Learning Outcomes

(LO1) Demonstrate an understanding of the role of accounting and finance in management and business and of the information provided by accounting and finance to support decision making by managers;

(LO2) Articulate the basic principles of accounting and finance;

(LO3) Demonstrate an understanding of the fundamentals of financial accounting systems;

(LO4) Demonstrate an understanding of the fundamentals of financial management and finance;

(LO5) Undertake basic techniques of preparation of accounting and finance information;

(LO6) Demonstrate an understanding of the use of accounting and finance information in managerial decision-making;

(LO7) Demonstrate an understanding of the links between accounting and finance and other managerial activity.

(LO8) Explain why an alternative finance market has become fundamental to an entrepreneurial economy.

(S1) Problem solving. Students will develop problem solving skills by practicing problems during teaching and with additional homework.

(S2) Numeracy. Students will develop numeracy skills by practicing problems during teaching and with additional homework.

(S3) Commercial awareness. Students will develop commercial awareness through intensive discussion of live case examples during class.


Teaching and Learning Strategies

Hybrid delivery, with social distancing on campus.

1 hour online asynchronous learning per week x 6 weeks
1 hour online synchronous lecture per week x 6 weeks
2 hour face-to-face seminar every week x 6 weeks
1 hour face-to-face peer-to-peer learning every week (unscheduled) x 6 weeks
Self-directed learning x 120 hours


Syllabus

 

1. What is accounting and finance? Why does it matter?

2. Financial statements:

Why financial statements?
The statement of financial position;
The income statement;
The cash flow statement;
Analysis of financial statements;
Financial planning and forecasting;
Working capital management;
Summing up.

3. The time value of money:

Present value and future value of lump sums;
Annuities;
Making investment decisions;
What is capital investment appraisal and why is it important?
Investment appraisal methods;
Net present value (NPV);
Payback period (PP)
Internal rate of return (IRR).

4. Financing a business (the art of raising money):

Financing for start-ups;
Angel investors;
Venture capital firms;
Bootstrapping;
The rise of crowdfunding;
Peer-to-peer lending and the rise of Crypto Assets;
Taking your firm public: the initial public offering (IPO);
Debt financing;
Other forms of internal and external financing;
Summing up.

5. Wrapping it up


Recommended Texts

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