Modules

Due to Covid-19 restrictions, learning and teaching activities on campus as described in the module descriptors are currently restricted. Learning and teaching will be enabled through a mixture of scheduled online activity where you will be able to engage with your tutor and classmates in real-time and unscheduled guided activity where you will be required to complete activities and tasks at a time which best suits you. Teaching will take place on campus, wherever possible, and where this is safe to happen.

Definitive information on module delivery during 2020/21 will be provided on Module Moodle Sites. For specific enquiries please contact the module leaders directly.

Core Module Information
Module title:	Financial Management
SCQF level:	08:
SCQF credit value:	20.00
ECTS credit value:	10
Module code:	ACC08105
Module leader:	Matthew Bonnett
School	The Business School
Subject area group:	Accountancy

Prerequisites

Learning equivalent would be:
Management Accounting (ACC07101)
HNC in Accounting; SCQF Level 7

Description of module content:

Investment appraisal, working capital management, tactical decision making and cost estimation. A look at six key principals in Finance. Transferable skills include: communication, research, analysis, C&IT, decision making and group work using the Finesse (or similar) stock market simulation.

Learning Outcomes for module:

LO1: Calculate Net Present Value, payback period and Accounting Rate of Return

LO2: Identify, evaluate and apply a range of working capital management techniques.

LO3: Analyse relevant and irrelevant costs and revenues for a range of decisions

LO4: Discuss cost estimation methods and apply theory to forecasting future cash flows.

LO5: Discuss the 6 most important ideas in Finance.

LO6: Develop generic skills, specifically research, essay writing, analysis, C&IT, and working in groups

Full Details of Teaching and Assessment

2020/1, Trimester 2, Face-to-Face,
VIEW FULL DETAILS

Occurrence:	001
Primary mode of delivery:	Face-to-Face
Location of delivery:	CRAIGLOCKHAR
Partner:
Member of staff responsible for delivering module:	Matthew Bonnett
Module Organiser:

Learning, Teaching and Assessment (LTA) Approach:

The module uses a variety of teaching methods to achieve the learning outcomes. Formal lectures are used to introduce you to the relevant financial management techniques and debate on financial management theories (LO1, 2, 3, 4); and the link between theory and practice as demonstrated in cases studies and through the stock market simulation (LO2, 5). Lectures also direct you to further reading and web sources.
Other teaching methods are used on the module to encourage your engagement and to develop independent learning. These include group discussions in tutorials, and keeping up to date with financial news to enable trading in the stock market based on current events. Weekly tutorials will focus on discussing the topics introduced in the lecture and working through some practical examples whilst also providing a forum for giving you formative feedback (LO1, 2, 3, 4). The tutorials will develop your analytic abilities and enable you to apply your knowledge to practical situations (LO1, 2, 3, 4, 5).

Formative Assessment:

There will be ongoing formative assessment during the module through the tutorials. There will be exercises to do each week and discussion points and during the tutorial the tutor can pick up on any aspects you are less confident about, and work through the solutions to the exercises giving tips for the exam and discussing any issues with the stock market simulation.

Summative Assessment:

There will be two pieces of summative assessment:
Report: There will be a 2,000 word report on the stock market simulation, part of this will be a group piece, and there will be an individual reflection as well. There will also be peer assessment so each member of the group can honestly appraise your own performance and that of your peers.

Exam: there will be a two-hour closed book exam at the end of the module. The exam will cover investment appraisal, working capital management and aspects of long term financing.

Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activity	Learning & Teaching Activity	NESH (Study Hours)
Face To Face	Lecture	24
Face To Face	Practical classes and workshops	3
Face To Face	Tutorial	24
Independent Learning	Guided independent study	149
	Total Study Hours	200
	Expected Total Study Hours for Module	200

Assessment
Type of Assessment	Weighting %	LOs covered	Week due	Length in Hours/Words
Report	30	2,5	12	HOURS= 0, WORDS= 2000
Centrally Time Tabled Examination	70	1,3,4	14/15	HOURS= 2, WORDS= 0
Component 1 subtotal:	30
Component 2 subtotal:	70
Module subtotal:	100

Indicative References and Reading List - URL:

Financial Management - ACC08105

Module Name Search

Edinburgh Napier University

Modules

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