Course Description
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Course Name
Financial Management
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Host University
University of Reading
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Location
Reading, England
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Area of Study
Agriculture
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Language Level
Taught In English
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Course Level Recommendations
Upper
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
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ECTS Credits
5 -
Recommended U.S. Semester Credits3
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Recommended U.S. Quarter Units4
Hours & Credits
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Overview
Module Provider: AgricultureNumber of credits: 10 [5 ECTS credits]Level:5Terms in which taught: Spring term modulePre-requisites: AP1SB1 Introduction to ManagementNon-modular pre-requisites:Co-requisites:Modules excluded:Module version for: 2014/5Module Convenor: Dr Chittur SrinivasanEmail: C.S.Srinivasan@reading.ac.ukSummary module description:Aims:This module aims to give students an appreciation of the role of the finance function in business. It aims to provide a good grounding in the principles, concepts, analytical techniques and practical applications of financial management in the context of a business enterprise. It will enable the student to assess the financial needs of a business, identify possible sources of that finance, evaluate alternative sources of finance and take decisions regarding the deployment of finance at the level of the non-specialist manager.Assessable learning outcomes:At the end of this module, students should be able to: * Understand the role of the finance function in business and its relationship with the corporate planning process. * Demonstrate the ability to apply basic management accounting skills. * Be able to analyse and interpret financial statements from the perspective of management and external users. * Be able to estimate the financial needs of a business, identify and select from alternative sources of finance and provide a rationale for the choice. * Be able to appraise capital investment projects and select suitable projects in the context of financial constraints, risk factors and company objectives. * Understand the principles of working capital management. * Develop an appreciation of financial management issues in the context of international business operations.Additional outcomes:In addition, students will also be able to: * Follow discussions and debates in the financial press. * Develop the basic skills required for a non-specialist financial manager in a business enterprise.Outline content:Introduction to Financial Management - role of the finance function in business. * Review of managerial accounting concepts. * Financial planning and projected financial statements. * Analysis and interpretation of financial statements. * Capital investment appraisal: techniques and issues. * Risk, return and capital investment appraisal. * Sources of finance and financial markets. * The cost of capital and the capital structure decision. * Management of working capital. * Issues in financial management in the context of international business operations.Brief description of teaching and learning methods:The module will be covered through 10 lectures supplemented with exercises and assignments to be completed by students outside contact hours.Contact hours:SpringLectures 20Guided independent study 80Total hours by term 100.00Total hours for module 100.00Summative Assessment Methods:Method PercentageWritten exam 50Written assignment including essay 20Class test administered by School 30Other information on summative assessment:The module will be assessed through assignments (20%) and an end-of-module test (30%)Formative assessment methods:Penalties for late submission:The Module Convener will apply the following penalties for work submitted late, in accordance with the University policy.where the piece of work is submitted up to one calendar week after the original deadline (or any formally agreed extension to the deadline): 10% of the total marks available for the piece of work will be deducted from the mark for each working day (or part thereof) following the deadline up to a total of five working days;where the piece of work is submitted more than five working days after the original deadline (or any formally agreed extension to the deadline): a mark of zero will be recorded.You are strongly advised to ensure that coursework is submitted by the relevant deadline. You should note that it is advisable to submit work in an unfinished state rather than to fail to submit any work.Length of examination:Two-hour examination paper during Summer termRequirements for a pass:A mark of 40% overall.Reassessment arrangements:By re-examination August/SeptemberLast updated: 8 October 2014
Course Disclaimer
Courses and course hours of instruction are subject to change.
Some courses may require additional fees.
Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.
ECTS (European Credit Transfer and Accumulation System) credits are converted to semester credits/quarter units differently among U.S. universities. Students should confirm the conversion scale used at their home university when determining credit transfer.
Please reference fall and spring course lists as not all courses are taught during both semesters.
Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.