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Module Title
Personal and Business Finance Decisions

personal finance, taxation, business finance

SCQF Points20
ECTS Points10
CreatedMarch 2013
ApprovedJuly 2013
AmendedAugust 2013
Version No.1

This Version is No Longer Current
The latest version of this module is available here
Prerequisites for Module

None in addition to SCQF 8 entry requirements or equivalent.

Corequisite Modules


Precluded Modules


Aims of Module

To develop an introductory knowledge and understanding of personal and business finance.

Learning Outcomes for Module

On completion of this module, students are expected to be able to:

1. Explain and evaluate the main areas of finance for individuals.
2. Explain the main types of taxation and prepare basic tax calculations.
3. Explain and evaluate sources of finance for business.
4. Critically evaluate capital structure options for business.

Indicative Module Content

loans, mortgages, savings, pensions, insurance, foreign currency, business mathematics, taxation, sources of finance for business, banking, markets, stock exchange, optimal capital structure, corporate debentures, rights issues, weighted average cost of capital.

Indicative Student Workload

Contact Hours

Blended Learning

Directed Study

Completion of On-Line Activities
Directed Reading

Private Study

Private Study

Mode of Delivery

This module is delivered by blended learning with core content provided on-line and learning consolidated at workshops.

Assessment Plan

Learning Outcomes Assessed
Component 1 1,2,3,4

Component 1 is a final module examination

Indicative Bibliography

1.ATRILL, P. and MCLANEY, E., 2009. Management accounting for decision makers. 6th ed. Harlow: Financial Times Prentice Hall.
2.LOWE, J., 2010. Be your own financial advisor. Harlow: Financial Times Prentice Hall.
3.MCLANEY, E., 2011. Business finance and theory. 9th ed. Harlow: Financial Times Prentice Hall.

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