Core Module Information
Module title: Financial Management

SCQF level: 08:
SCQF credit value: 20.00
ECTS credit value: 10

Module code: ACC08105
Module leader: Tim Burrows
School The Business School
Subject area group: Accounting and Finance

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

Description of module content:

Investment appraisal, working capital management, sources of finance for businesses, how the UK financial services sector operates, tactical decision making and cost estimation.

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: Identify and evaluate the main sources of investment finance
LO4: Understand the UK financial services sector
LO5: Understand and apply portfolio theory to share trading

Full Details of Teaching and Assessment
2022/3, Trimester 2, FACE-TO-FACE,
Occurrence: 001
Primary mode of delivery: FACE-TO-FACE
Location of delivery: CRAIGLOCKHAR
Member of staff responsible for delivering module: Tim Burrows
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 (LO1-5); and the link between theory and practice as demonstrated in cases studies and through the stock market simulation (LO5). 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 (LO1-5). The tutorials will develop your analytic abilities and enable you to apply your knowledge to practical situations (LO1-5).

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 activityLearning & Teaching ActivityNESH (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 Hours200
Expected Total Study Hours for Module200

Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Report 30 5 12 HOURS= 00.00, WORDS= 2000
Centrally Time Tabled Examination 70 1,2,3,4,5 14/15 HOURS= 02.00, WORDS= 0
Component 1 subtotal: 30
Component 2 subtotal: 70
Module subtotal: 100

Indicative References and Reading List - URL:
Financial Management - ACC08105