Module Database Search
| MODULE DESCRIPTOR | |||
|---|---|---|---|
| Module Title | |||
| Advanced Financial Management | |||
| Reference | BS4074 | Version | 5 |
| Created | January 2024 | SCQF Level | SCQF 10 |
| Approved | May 2019 | SCQF Points | 30 |
| Amended | March 2024 | ECTS Points | 15 |
| Aims of Module | |||
|---|---|---|---|
| To develop the practical skills and theoretical underpinning required for the financial management of a business. | |||
| Learning Outcomes for Module | |
|---|---|
| On completion of this module, students are expected to be able to: | |
| 1 | Demonstrate understanding of the impact of ethics and the economic environment on the commercial success of a business. |
| 2 | Apply investment appraisal techniques to various business decision-making scenarios incorporating tax, inflation and non-financial information. |
| 3 | Examine the various sources and costs of business finance structure (including Islamic finance) to determine how these individual costs aggregate to weighted average cost of capital (WACC) |
| 4 | Apply valuation models based on assets earnings, dividends, and cash-flows to estimate an unlisted company's value. |
| 5 | Devise strategies to hedge against foreign exchange and interest rate risk. |
| Indicative Module Content |
|---|
| Financial profiling; capital structure; dividend policy; investment appraisal; valuation methods based on earnings, dividends, and cash-flows; the nature and measurement of Risk and Return; financial institutions and markets; weighted average cost of capital; Ratio analysis; Corporate capital structure; Investment, dividend, and working capital policies. |
| Module Delivery |
|---|
| The module is delivered in Blended Learning mode using structured online learning materials/activities and directed study, facilitated by regular online tutor support. Workplace Mentor support and work-based learning activities will allow students to contextualise this learning to their own workplace. Face-to-face engagement occurs through annual induction sessions, employer work-site visits, and modular on-campus workshops |
| Indicative Student Workload | Full Time | Part Time |
|---|---|---|
| Contact Hours | 30 | N/A |
| Non-Contact Hours | 30 | N/A |
| Placement/Work-Based Learning Experience [Notional] Hours | 240 | N/A |
| TOTAL | 300 | N/A |
| Actual Placement hours for professional, statutory or regulatory body | 228 |
| 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 by one component: C1 - Examination - 100% weighting. Module Pass Mark = Grade D. | |
| 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 | ARNOLD,G. and LEWIS,D., 2019. Corporate financial management. 6th ed. Harlow:FT Prentice Hall. |
| 2 | ATRILL,P., 2017. Financial management for decision makers. 8th ed. Harlow: Pearson. |
| 3 | GITMAN,L.J. and ZUTTER,C.J., 2014. Principles of managerial finance, global edition. 14th ed. London: Pearson Education. |