Module Details

Module Code: FINA8001
Title: Finance for IT:Company Finance
Long Title: Finance for IT:Company Finance
NFQ Level: Advanced
Valid From: Semester 1 - 2017/18 ( September 2017 )
Duration: 1 Semester
Credits: 5
Field of Study: 3430 - Banking, Finance and Investment
Module Delivered in: 1 programme(s)
Module Description: This module explores the concept of finance, in particular the financing and working capital management decisions, with a focus on application to the IS/IT industry.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Analyse the main theories, concepts and methods pertaining to the financing decision and working capital management decision
LO2 Determine and recommend the appropriate financing of IT/IS organisations using the theories of capital structure
LO3 Derive and apply solutions in complex and specialised area of skills and tools required to make financing and working capital decisions
LO4 Describe and communicate effectively the detailed operation of the financial markets relevant to the IT/IS industry
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).
12872 FINA8001 Finance for IT:Company Finance
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
Introduction
Meaning and role of financial management in an IT/IS organisation, goal of the organisation, function of the finance manager.
Finance mechanisms
Share capital, debt capital, retained earnings, Venture capital. Raising short-term/ medium-term/ long-term internal and external finance.
Irish IT context
Irish financial institutions, Irish Stock Exchange, Central Bank, State Aid, financing for growth.
Capital Structure
Debt V Equity, traditional approach, cost of each type of capital, weighted average cost of capital (WACC).
Working Capital Management
Working Capital Policy. Stock/debtors/creditors/ cash management. Cash planning.
Module Content & Assessment
Assessment Breakdown%
Coursework30.00%
End of Module Formal Examination70.00%

Assessments

Coursework
Assessment Type Short Answer Questions % of Total Mark 30
Timing Week 8 Learning Outcomes 1,3
Assessment Description
Computational and qualitative questions
End of Module Formal Examination
Assessment Type Formal Exam % of Total Mark 70
Timing End-of-Semester Learning Outcomes 1,2,3,4
Assessment Description
End-of-Semester Final Examination
Reassessment Requirement
Repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.

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 Lecture and practical demonstration Every Week 3.00 3
Independent & Directed Learning (Non-contact) Non Contact Reviewing notes and recommended readings. Trying examples themselves. Preparation of material for the next lecturer. Preparation for assessments. Every Week 4.00 4
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 3.00
Workload: Part Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Lecture and practical demonstration Every Week 2.00 2
Independent & Directed Learning (Non-contact) Non Contact Reviewing notes and recommended readings. Trying examples themselves. Preparation of material for the next lecturer. Preparation for assessments. 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
  • Dempsey, Sylvia. Finance for IT: Company Finance, Available from reprographics office in CIT.
Supplementary Book Resources
  • Brealey, Myers and Allen. (2014), Principles of Corporate Finance, 11th. 1,2,4,5,6,14,15,17,18,23,24,28,29,30,34, McGraw-Hill, Berkshire, United States of America, [ISBN: 9780077151560].
  • Power, Walsh and O'Meara. (2009), Financial Management: An Irish Text, 3rd. 1,3,4,9,12,13,14,16,17,, Gill & McMillan, Ireland, [ISBN: 9780717145546].
  • Hyndman & McKillop. (2009), Cases in Management Accounting & Business Finance, 2nd Edition. CAI, Ireland, [ISBN: 090385418].
  • Ward & Daniel. (2006), Benefits Management: Delivering Value from IS and IT investments, Wiley, [ISBN: 047009463X].
  • Atrill & McLaney. (2012), Management Accounting for Decision Makers, 7th. 1,8,9,10,11, Pearson, Essex, England, [ISBN: 9781292072432].
Supplementary Article/Paper Resources
Other Resources
 
Module Delivered in
Programme Code Programme Semester Delivery
CR_BBISY_8 Bachelor of Business (Honours) in Information Systems 7 Mandatory