Module Details

Module Code: ACCT9001
Title: Financial Management & Systems
Long Title: Financial Management & Systems
NFQ Level: Expert
Valid From: Semester 1 - 2022/23 ( September 2022 )
Duration: 1 Semester
Credits: 5
Field of Study: 3440 - Accounting, Auditing and Accountability
Module Delivered in: 2 programme(s)
Module Description: This module aims to ensure that students understand the fundamentals of business finance and that students can evaluate the role that financial considerations play in strategic business decision making.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Critically evaluate and analyse financial statements
LO2 Communicate financial information to non-finance audiences
LO3 Identify the relevant cost and revenues associated with a financial decision
LO4 Evaluate the role of risk management in financial decision making
LO5 Evaluate the role of finance in strategic decision making
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named MTU module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. You may not earn additional credit for the same learning and therefore you may not enrol in this module if you have successfully completed any modules in the incompatible list.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed
Requirements

This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. You may not enrol on this module if you have not acquired the learning specified in this section.
No requirements listed
 
Indicative Content
Analysis of Financial Statements
Review of company P+L, balance sheet and cash flow statements to determine company strategic financial priorities
Working Capital Management and systems
Review and analysis of company approach to working capital management and discussion of suitability to company business model
Investment evaluation
Identification of relevant inflows and outflows relating to an investment decision; evaluation of risks and benefits of proceeding with investments
Strategic Risk
Advise and communicate sources of financial risk to key stakeholders
Module Content & Assessment
Assessment Breakdown%
Coursework100.00%

Assessments

Coursework
Assessment Type Written Report % of Total Mark 50
Timing Week 7 Learning Outcomes 1,2,5
Assessment Description
Evaluate company financial performance using company P+L, balance sheet and cash flow statement and other publicly available financial data.
Assessment Type Presentation % of Total Mark 50
Timing Week 11 Learning Outcomes 3,4,5
Assessment Description
Appraise an investment idea using a range of methodologies, and communicate your results to strategic decision makers.
No End of Module Formal Examination
Reassessment Requirement
Coursework Only
This module is reassessed solely on the basis of re-submitted coursework. There is no repeat written examination.

The University reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Theory on course topics and worked examples. Every Week 2.50 2.5
Independent & Directed Learning (Non-contact) Non Contact Review of lecture notes and recommended material and preparation of reports for selected in-class topics Every Week 4.50 4.5
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 2.50
Workload: Part Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Theory on course topics and worked examples Every Week 2.00 2
Independent & Directed Learning (Non-contact) Non Contact Review of lecture notes and recommended material and preparation of reports for selected in-class topics Every Week 5.00 5
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 2.00
 
Module Resources
Recommended Book Resources
  • Benjamin Graham. (2006), The Intelligent Investor, Harper, USA, p.623, [ISBN: 9780060555665].
  • HBR. (2012), HBR Guide to Finance Basics for Managers, HBR, USA, p.192, [ISBN: 9781422187302].
  • Jo Haigh. (2011), The Financial Times Guide To Finance For Non-Financial Managers, Pearson, [ISBN: 9780273756200].
This module does not have any article/paper resources
This module does not have any other resources
 
Module Delivered in
Programme Code Programme Semester Delivery
CR_BIBUS_9 Master of Science in International Business 1 Mandatory
CR_BINBU_9 Postgraduate Diploma in Science in International Business 1 Mandatory