FINA8007 - Advanced Financial Management

Module Details

Module Code: FINA8007
Title: Advanced Financial Management
Long Title: Advanced Financial Management
NFQ Level: Advanced
Valid From: Semester 1 - 2016/17 ( September 2016 )
Duration: 1 Semester
Credits: 5
Field of Study: 3430 - Banking, Finance and Investment
Module Delivered in: 1 programme(s)
Module Description: This module enables the student to appreciate the role of the finance manager in an organization, to advise clients in the context of company valuation (for sale/merger/acquisition) as well as the role of capital markets as a source of finance.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Discuss & critique the role of the finance manager, describe the concept of shareholder value and agency theory
LO2 Critique the role of capital markets including various financing options available to organizations and the relevance of the Efficient Markets Hypothesis in modern finance theory
LO3 Summarise the rationale for merger & acquisition activity,assess the importance of the due dilligence and post acquisition assimilation processes
LO4 Advise clients as to the indicative value of their business using a range of techniques
LO5 Describe the constituent elements of working capital and explain the methods by which these elements can be managed by an entity to optimise its working capital
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
Role of Finance Manager
Strategic planning. stakeholder analysis, agency theory, corporate social responsibility, corporate governance, ethics
Role of Capital Markets
Role & nature of capital markets, Sources of Finance, Stock exchange listings, Flotation, Effcient Markets Hypothesis
Mergers & Acquisitions
Organic v Acquisitive Growth, Defence Mechansims, MBO's, Rationale for M&A, Due dilligence process, post acquisition assimilation
Business Valuations
Earnings, Cashflow, Asset valuation models Valuation Ranges, Negotiation, Share for share v cash consideration
Working Capital Management
Constituents of working capital Cash cycle, Stock creditor & debtor management techniques
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 1,2,3
Assessment Description
In Class Exam
End of Module Formal Examination
Assessment Type Formal Exam % of Total Mark 70
Timing End-of-Semester Learning Outcomes 1,2,3,4,5
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 Theory and Practical Every Week 4.00 4
Independent & Directed Learning (Non-contact) Non Contact Revision questions and reading Every Week 3.00 3
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 4.00
Workload: Part Time
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Theory and Practical Every Week 2.00 2
Independent & Directed Learning (Non-contact) Non Contact Revision questions and reading 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
  • Chartered Accountants Ireland. (2014), Finance Theory and Practice, Third. Dublin, [ISBN: 9781908199485].
Supplementary Book Resources
  • Lawrence Cunningham. (2001), The Essays of Warren Buffett:Essays for Corporate America, 1st. Carolina Academic Press, United States, [ISBN: 10:0-9664461-1-9].
  • Brealey , Myers. (2008), Principles of Corporate Finance, 8th. McGraw-Hill, London, [ISBN: 10: 0073130826].
Recommended Article/Paper Resources
  • Norman, W. McDonald, C.. (2003), Getting to the Bottom of 'Triple Bottom Line', In Press, Business Ethics Quarterly, March 2003.
Other Resources
 
Module Delivered in
Programme Code Programme Semester Delivery
CR_BACCT_8 Bachelor of Business (Honours) in Accounting 7 Mandatory