Financial Management

MQF Level 6

16 ECTS

Financial Management

Start
October 2024
Module Type
Compulsory
Price
€550
ECTS Credits
16 ECTS
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Module Description

This module is an introduction to the concepts and theories of corporate finance which are the fulcrum to assist in the comprehension, evolvement, and resolution to financial manager’s issues.

The learner is introduced to the roles and responsibilities of the financial management function within an entity.

The topic of ‘investing decisions’ is also addressed, and this is introduced in two parts, namely, investment in working capital and the assessment of long-term investments.

The learner is also exposed to financing decisions and to the analysis of the different sources of business finance. Risk and risk management are also tacked in this module.

Entry Requirements

Candidates who apply for this course will possess:

• A related qualification at MQF Level 4

and/or

• Two ‘A’ Levels (MQF Level 4) or equivalent one of which should be related to Accounts, Business or Economics and a pass in English Language and Mathematics at MQF Level 3 (‘O’ Level or equivalent).

• Preference will be given to applicants having 1 year work experience related to the study programme.

In the case of students who do not possess all the formal required academic qualifications, then the Recognition of Prior Learning (RPL) process could be applied such that if evidence of equivalent learning is found then the applicant could still be accepted in the course.

Such RPL process will subject applicants to an interview held with a board of experts within the field, chosen specifically by IDEA Academy, so as to verify their experiences and prior learning.

Students whose first language is not English and do not possess an ‘O’ level pass in English Language will be required to demonstrate English language capability at IELTS level 6.0 or equivalent. 

Target Audience

  • Individuals seeking to advance their academic and professional knowledge in Accounting.
  • Individuals wanting to pursue a wide range of accounting, consulting, financial and managerial career paths.
  • Individuals wanting to enhance their ability to interpret, assess and communicate financial related data.

Module / Unit Instructions

The proposed structure comprises a blended approach promoting the building of a community of practice via lecturer-to-student and peer-to-peer learning.

The structure uses primarily two dimensions of teaching-learning modes:

Module Components Structure: · Face-to-face sessions: 48 hours · Online Learning Activities: 32 hours.

Face-to-face sessions include lectures, tutorials, discussions, presentations and workshop activities promoting peer-to-peer learning.

Online learning activities incorporate tutorials and asynchronous discussions.

These may consist of active interaction, participation and contributions in fora discussions, sharing resources and self-reflection exercises.

Learners also contribute to the building of the community of practice by providing feedback to their peers as critical friends, enhancing the learner’s critical engagement throughout the study period.

How you’ll be assessed

This module consists of one group assessment and two individual assessments, each carrying a weighting as below:

a) Assessment 1 carries 20% of total module mark achieved. b) Assessment 2 carries 30% of total module mark achieved. c) Assessment 3 carries 50% of total module mark achieved.

The overall grade achieved for each module is calculated as the sum of: • 20% of the mark achieved for Assessment 1; and • 30% of the mark achieved for the Assessment 2; and • 50% of the mark achieved for the Assessment 3.

Both Assessment 1 tasks and Assessment 2 tasks aim to provide the learner an opportunity to produce evidence of his/her competences aligned to the learning outcomes of each individual Module.

Assessment 1, being a group assessment, may include an in-class task or a home-based task and may take the form of a presentation or a case study.

Assessment 2 and 3, both being an individual assessment, may include an in-class assignment and a home-based written assignment using diverse assessment tools which may take the form of online and in-class discussions, examinations of 2-3 hours, case studies, reports, proposals, essays, and presentations.

For successful completion of a study module the student is required to achieve an overall pass mark of 50%.

Assignment
Discussions

Module Intake Dates

October 2024
Price
€550

Learning Outcomes

Competences:

At the end of the module/unit the learner will have acquired the responsibility and autonomy to:

  • Demonstrate an advanced knowledge and comprehension of financial management.
  • Conduct an investment appraisal.
  • Analyse risks and returns.
  • Illustrate CAPM.
  • Critically appraise the capital structure.
  • Critically examine mergers and acquisitions.
  • Navigate risk management.

Knowledge:

At the end of the module/unit the learner will have been exposed to the following:

  • Demonstrate an advanced knowledge and comprehension of financial management.
  • Conduct an investment appraisal.
  • Analyse risks and returns.
  • Apply CAPM.
  • Critically appraise the capital structure.
  • Critically examine mergers and acquisitions.
  • Navigate risk management.

Skills:

At the end of the module/unit the learner will have acquired the following skills:

  • Address capital budgeting and investment decision issues.
  • Critically appraise the relationship between risk and return.
  • Apply appropriately the time value of money technique.
  • Investigate how various financial markets function.
  • Undertake capital budgeting decisions.
  • Hedge risk through derivatives.
  • Manage working capital and understand the opportunities of short-term financing.
  • Critically discuss the purpose of mergers and takeovers.
  • Question financial research papers.
  • Employ statistical techniques.
  • Select the best source of funding in a given context.
  • Safeguard assets in the best way possible and ensure proper working capital management.

Module-Specific Communication Skills:

At the end of the module/unit the learner will be able to:

  • Communicate ideas, problems, and solutions effectively to both specialist and non-specialist audiences verbally or in writing (PowerPoint presentations, reports, etc.).
  • Participate in class/online discussions and in organised workshops.
  • Present ideas, work, and findings to peers, lecturers, and specialist and non-specialist audiences.
  • Contribute to team work as required.

Module-Specific Learner Skills:

At the end of the module/unit the learner will be able to:

  • Critically appraise the different financing possibilities and relevant return including the dividend policy.
  • Conclude on investment projects to be undertaken given the risk appetite of shareholders.

Module-Specific Digital Skills and Competences:

At the end of the module/unit, the learner will be able to:

  • Navigate through the online learning platform to find assignments, discussion boards, literature, tutorials etc.
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