The main aims of this module is to provide a student with: - A recognition of the necessity to manage the finance of an enterprise; - An appreciation of the nature and scope of working capital management activities; - A clear introduction to financial management
The nature and scope of financial management
The nature and scope of financial objectives for commercial and not-for-profit organisations.
Management of working capital
The nature and scope of working capital managementControl of stock, debtors, creditors and cash
Capital expenditure and investment
How firms identify potential investment opportunities,Investment appraisal techniques: payback, accounting rate of return andDiscounted cash flow.The effects of inflation on projected cash-flows.Risk and uncertainty. The impact of inflation.
Sources of finance
Identification of short, medium and long-term sources of finance
Learning and teaching will take place through the use of lectures, presentations and problem solving exercises in the module. In addition to using text based material, students will be expected to make extensive use of relevant websites, external online audio and video resources referred throughout the course.
|Module Content & Assessment