Business Financial Management - CB715

Location Term Level Credits (ECTS) Current Convenor 2019-20
Medway Autumn and Spring
View Timetable
6 30 (15) DR A Iqbal

Pre-requisites

CB365: Economics for Business 1, CB363: Economics for Business 2 (co-requisite),CB362: Data Management for Business

Restrictions

None

2019-20

Overview

Synopsis of the curriculum

The course begins by looking at the ever important financial management function. It then proceeds to cover key topics, including:

  • investment appraisal techniques under certainty and uncertainty
  • portfolio theory, CAPM, WACC and capital structure
  • the efficient market hypothesis
  • interaction of investment and financing decisions
  • decomposition of risk
  • options and pricing
  • dividends and dividend valuation models.

    The financial system within which business organisations operates is examined, followed by the specific sources of long and short-term capital, including the management of fixed and working capital.
  • Details

    This module appears in:


    Contact hours

    Two hours of lectures and one hour of seminars per week

  • Lectures: 44
  • Seminars: 21
  • Preparation for seminars: 30
  • Preparation for exam: 50
  • Coursework preparation: 100
  • Independent study: 55

    Total hours: 300

  • Method of assessment

    Three hour unseen written examination (70%) and Coursework (30%)

    Indicative reading

    Arnold, G. (2012), Corporate Financial Management.  5th edn. Harlow : Financial  Times/Prentice Hall 
    Brealey, R., and Myers, S. (2013), Principles of Corporate Finance. 11th (international) edn. London : McGraw-Hill
    McLaney, E. (2011), Business Finance Theory and Practice. 9th edn. Harlow : Financial Times, Prentice Hall

    See the library reading list for this module (Medway)

    Learning outcomes

    Knowledge and understanding of the business entity and the capital markets contexts in which finance operates
    Knowledge and understanding of the concepts and principles that underlie the investment and financing decision-making process, including the strengths and weaknesses of quantitative techniques.
    Ability to identify the nature of a problem and to make appropriate selection and application of quantitative techniques.
    Recognition and measurement of relevant cost/benefit data and presentation via appropriate financial documents.
    Ability to structure, develop and defend complex arguments, and to be critical and self-critical, orally and in writing.

    Ability to analyse structured and unstructured problems
    Ability to record and summarise transactions and other economic events, including decision analysis, discounted cash-flow analysis and the analysis of financial risk.
    Knowledge and understanding of the financial aspects regarding the practical implications of investing on the stock market
    Ability to analyse, prepare and record projections regarding decisions on aspects such as portfolio theory, capital structure, dividend policy

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