Module Code: H8FMGT2
Long Title Financial Management 2
Title Financial Management 2
Module Level: LEVEL 8
EQF Level: 6
EHEA Level: First Cycle
Credits: 5
Module Coordinator:  
Module Author: DAVE CORMACK
Departments: School of Business
Specifications of the qualifications and experience required of staff  
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Demonstrate a comprehensive knowledge of the objectives of financial management
LO2 Apply financial management theories and techniques in the context of short and long term issues facing the firm
LO3 Critically appraise financial information, assessing its relevance, strengths and weaknesses
LO4 Demonstrate familiarity with financial management practices, emphasising their interrelationship with other business functions
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is required before enrolment on this module. While the prior learning is expressed as named NCI module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
No recommendations listed
Co-requisite Modules
No Co-requisite modules listed
Entry requirements  
 

Module Content & Assessment

Indicative Content
Investment Appraisal (25%)
• The relationship between investment opportunities and shareholder wealth • Alternative methods of evaluating investment opportunities • Impact of, and methods for dealing with uncertainty • The impact of tax, inflation and capital rationing • Projects with multiple rates of return • Planning and control of capital investment projects
Take-overs and Mergers (25%)
• Motives for take-overs and mergers • Methods of valuing companies • Different forms of purchase consideration • City Code on Take-overs and Mergers • Hostile bids and defensive tactics • Management buy-outs
Working Capital (20%)
• Introduction to working capital • Control of working capital • Management of stocks, debtors and cash • Management of creditors • Overtrading: causes, consequences and remedies
Risk Management (20%)
• Interest and exchange rate risk • Internal and external risk management • Futures contracts • Options • Swaps • Issues in risk management
International Investment Decisions (10%)
• The reasons for foreign investment • Different forms of international trade • The evaluation of foreign investment decisions • The cost of capital for foreign direct investment • Political risk
Module Teaching & Learning Strategy
This module will be delivered through a combination of class-based lectures and tutorials. Case study material will be incorporated into lectures. Class exercises will be worked through during tutorials. Current topical issues are discussed and research projects, guest lecturers and assignments are used.
Assessment Breakdown%
Coursework30.00%
End of Module Assessment70.00%

Assessments

Full Time

No Coursework
End of Module Assessment
Assessment Type: Terminal Exam % of total: 70
Assessment Date: End-of-Semester Outcome addressed:  
Non-Marked: No
Assessment Description:
End-of-Semester Final Examination
No Workplace Assessment
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.

NCIRL reserves the right to alter the nature and timings of assessment

 

Module Workload

Module Target Workload Hours 0 Hours
Workload: Full Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Lecture No Description 2 Every Week 2.00
Practical No Description 1 Every Week 1.00
Total Weekly Contact Hours 3.00
Workload: Part Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Lecture No Description 2 Every Week 2.00
Practical No Description 1 Every Week 1.00
Total Weekly Contact Hours 3.00
 

Module Resources

Recommended Book Resources
  • Denzil Watson. Corporate Finance Principles and Practice, Ft Prentice Hall, [ISBN: 0273725254].
  • Noel Hyndman, Donal G. McKillop. Cases in Management Accounting and Business Finance, Institute of Chartered Accountants in Ireland, [ISBN: 0903854740].
Supplementary Book Resources
  • Paul O'Meara. Financial Management, Gill & Macmillan Ltd, [ISBN: 0717145549].
  • Kennedy, MacCormack & Teeling. (1993), Financial Management, 5th. Gill & Macmillan.
  • Denzil Watson,Antony Head. (2010), Corporate Finance Principles and Practice, 5th Ed. Financial Times/Prentice Hall, [ISBN: 0273725254].
This module does not have any article/paper resources
This module does not have any other resources
Discussion Note: