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MODULE DESCRIPTOR
Module Title
Finance for Business Decisions
Reference BS2201 Version 13
Created December 2023 SCQF Level SCQF 8
Approved July 2019 SCQF Points 15
Amended March 2024 ECTS Points 7.5

Aims of Module
To provide students with the ability to apply and evaluate theories, concepts and techniques of business finance within the context of the financial decision-making process.

Learning Outcomes for Module
On completion of this module, students are expected to be able to:
1 Interpret the key financial statements of business.
2 Apply management techniques to control the financial operations of a business.
3 Assess the nature and function of the main financial markets.
4 Discuss the significance of risk to business.
5 Understand pertinent sustainability, environmental and social challenges and their interaction with financial decisions.

Indicative Module Content
The analysis of financial information using ratio analysis and models; the capital investment appraisal using financial, non-financial and sustainability factors; the nature and measurement of Risk and Return; financial institutions and markets; the weighted average cost of capital; causes of foreign exchange and interest rate fluctuation and relevant risk hedging techniques; the valuation of business and the range of techniques.

Module Delivery
Topics are introduced in lectures and developed in tutorials for which students are expected to undertake directed independent learning.

Indicative Student Workload Full Time Part Time
Contact Hours 36 N/A
Non-Contact Hours 114 N/A
Placement/Work-Based Learning Experience [Notional] Hours N/A N/A
TOTAL 150 N/A
Actual Placement hours for professional, statutory or regulatory body    

ASSESSMENT PLAN
If a major/minor model is used and box is ticked, % weightings below are indicative only.
Component 1
Type: Examination Weighting: 100% Outcomes Assessed: 1, 2, 3, 4, 5
Description: Closed book examination.

MODULE PERFORMANCE DESCRIPTOR
Explanatory Text
The module is assessed 100% by examination, a minimum of grade D is required to pass the module.
Module Grade Minimum Requirements to achieve Module Grade:
A A
B B
C C
D D
E E
F F
NS Non-submission of work by published deadline or non-attendance for examination

Module Requirements
Prerequisites for Module None.
Corequisites for module None.
Precluded Modules None.

INDICATIVE BIBLIOGRAPHY
1 ATRILL, P., 2020. Financial management for decision makers. 9th ed. Harlow: Financial Times Prentice Hall.
2 ATRILL, P. and MCLANEY, E., 2021. Management accounting for decision makers. 10th ed. Harlow: Pearson.
3 MCLANEY, E., 2017. Business Finance Theory and Practice. 11th ed. Harlow: Financial Times Prentice Hall.
4 PIKE, R., Neale, B.,Linsley, P., and Akbar, S., 2019. Corporate finance and investment: decisions and strategies. 9th ed. Harlow: Pearson.
5 BARROW, C., BARROW, P., and BROWN, R., 2021. The business plan workbook. 10th ed. London: Kogan Page.


Robert Gordon University, Garthdee House, Aberdeen, AB10 7QB, Scotland, UK: a Scottish charity, registration No. SC013781