Surrey University Stag

FINANCIAL MANAGEMENT - 2022/3

Module code: MAN3080

Module Overview

Regardless of your role in a company, a good understanding of how corporate financial decisions impact on the value of the company is very essential. The Financial Management module focuses on the impact of financial choices on the value of the company and addresses some special topics in corporate finance. These include leasing, and an introduction to derivatives and their applications in corporate finance and financial risk management.

Module provider

Surrey Business School

Module Leader

SOPP Rachel (SBS)

Number of Credits: 15

ECTS Credits: 7.5

Framework: FHEQ Level 6

JACs code: N340

Module cap (Maximum number of students): N/A

Overall student workload

Independent Learning Hours: 117

Lecture Hours: 22

Seminar Hours: 11

Module Availability

Semester 1

Prerequisites / Co-requisites

None

Module content

 


  • Market Efficiency (EMH) and Behavioural Finance

  • Sources of long term finance - including money markets, leasing, capital markets, financial institutions, green finance and Islamic Finance 

  • Financial planning and strategic funding decisions, including capital structure decisions

  • Dividend, share re-purchase decisions including dividend irrelevancy theory

  • Financial distress and corporate insolvency procedures

  • Introduction to financial risk management

  • Use of derivatives in financial risk management 


Assessment pattern

Assessment type Unit of assessment Weighting
School-timetabled exam/test CLASS TEST SET DATE AND TIME 30
Examination EXAM SET TIME AND DATE 70

Alternative Assessment

Not applicable

Assessment Strategy

There are two summative assessments for this module: a class test and an end of semester examination.

Class test

The class test will comprise multiple choice questions and/or questions requiring short written answers. 

Examination

The exam paper will include scenario questions.  Questions may contain several parts (part (a), part (b) etc).

Assessment questions

Assessments will include both quantitative and qualitative questions.

Quantitative questions are designed to assess numerical, application of knowledge and analytical skills.

Qualitative questions will assess application of knowledge, synthesis, creative thinking and problem-solving skills.

Formative assessment and feedback

Formative assessments such as a sample class test and exam paper will be available to support students in preparation for summative assessments and to provide ongoing feedback. Such feedback will help students identify their strengths and weaknesses and help develop revision plans for the summative assessments.

Students are also expected to engage with other feedback provided during seminars and feedback and advice hours throughout the semester.

Module aims

  • Provide a deep understanding of modelling and other evaluation techniques and issues that inform a company's decisions on financing and pay-out policy
  • Provide a practical understanding of approaches used to manage financial distress and financial risk , including the use of derivatives

Learning outcomes

Attributes Developed
001 Critically appraise the validity and limitations of the efficient market hypothesis and its practical implications for investors and corporate financial managers KCP
002 Apply financial planning modelling techniques and recommend appropriate financing and dividend policies including in an international context KCPT
003 Evaluate and analyse different forms of debt finance and ways of returning cash to shareholders KCPT
004 Evaluate the impact of financial distress and understand and apply procedures required for corporate insolvency KCPT
005 Evaluate financial derivatives and their use in financial risk management KCPT

Attributes Developed

C - Cognitive/analytical

K - Subject knowledge

T - Transferable skills

P - Professional/Practical skills

Methods of Teaching / Learning

The learning and teaching strategy is based on a hybrid teaching model, incorporating elements of both live and on-demand learning.

On-demand learning is designed for students to explore the topics in their own time and includes a range of guided learning activities.  Guided learning activities may include pre-recorded videos, practice questions & solutions, quizzes, discussion forum and links to further reading.

Live learning allows students to explore and engage in discussions on the topics, including current developments in the financial markets, and also to practise more complex questions and receive answers and feedback to queries from their tutor.

This learning and teaching strategy provides students with the opportunity to acquire knowledge and to understand the relevant theory in the context of current developments in the financial markets and develop effective solutions for decision making in the context of case study scenarios.

Indicated Lecture Hours (which may also include seminars, tutorials, workshops and other contact time) are approximate and may include in-class tests where one or more of these are an assessment on the module. In-class tests are scheduled/organised separately to taught content and will be published on to student personal timetables, where they apply to taken modules, as soon as they are finalised by central administration. This will usually be after the initial publication of the teaching timetable for the relevant semester.

Reading list

https://readinglists.surrey.ac.uk
Upon accessing the reading list, please search for the module using the module code: MAN3080

Please note that the information detailed within this record is accurate at the time of publishing and may be subject to change. This record contains information for the most up to date version of the programme / module for the 2022/3 academic year.