IB9ML-10 Financial Management
Introductory description
The module introduces students to the finance field by developing the essential knowledge to solve general finance problems. This is a skills-based module that will help students to think critically and build an intuitive understanding of how financial decision-making works in practice. To achieve these objectives, the module includes case studies and applications of the skills one needs to master to examine common problems faced by financial managers. By teaching the basic concepts in finance, the module will develop the necessary knowledge and appreciation to enable students to enter into intelligent discussion with finance professionals.
Module aims
The principal objectives of this module are:
To provide students with a good grounding in basic concepts of finance
To establish a “finance mindset” that views finance as applied microeconomics in a business context, with value creation as a central concept
To develop students' skills in financial planning and decision-making, including providing the math and statistical tools required to solve financial problems
To instill an appreciation for decision-making in a complex world with uncertainty and understand the implications of sustainability for financial analysis
Outline syllabus
This is an indicative module outline only to give an indication of the sort of topics that may be covered. Actual sessions held may differ.
Time value of money
Bond valuation
Stock valuation and equity multiples
Financial securities used by corporations
Risk and return tradeoff
Diversification
Capital Asset Pricing Model (CAPM)
Market efficiency
Capital structure and weighted average cost of capital (WACC)
Valuation and capital budgeting
Learning outcomes
By the end of the module, students should be able to:
- Demonstrate a comprehensive understanding of financial management, principles and markets
- Analyze and critically evaluate real-world cases, and communicate the findings
Indicative reading list
Brealey, R.A.; Myers, S.C. and Allen, F. (2019) ISE Principles of Corporate Finance (13th edition) New York: McGraw-Hill
Case studies
Subject specific skills
Evaluate projects, measure risk and return, and estimate firm and project cost of capital
Demonstrate practical knowledge of a spreadsheet package and IT applications for financial analysis
Interpret financial information in the context of macro-economic conditions and current trends in sustainable finance
Transferable skills
Demonstrate analytical and problem solving skills
Demonstrate written communication skills
Study time
| Type | Required |
|---|---|
| Lectures | 24 sessions of 1 hour (24%) |
| Online learning (scheduled sessions) | 3 sessions of 1 hour (3%) |
| Private study | 40 hours (40%) |
| Assessment | 33 hours (33%) |
| Total | 100 hours |
Private study description
Preparation for lectures and self-study; prep for the module
Costs
No further costs have been identified for this module.
You do not need to pass all assessment components to pass the module.
Assessment group D1
| Weighting | Study time | Eligible for self-certification | |
|---|---|---|---|
Assessment component |
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| Individual assignment | 60% | 20 hours | Yes (extension) |
|
Individual Assignment 1500 words |
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Reassessment component is the same |
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Assessment component |
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| Exam | 40% | 13 hours | No |
|
1 hour examination |
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Reassessment component is the same |
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Feedback on assessment
Standard exam feedback per question. Standard individual assignment feedback per assignment. All through myWBS
Post-requisite modules
If you pass this module, you can take:
- IB9R4-10 Investments
- IB849-10 Behavioural Finance: Psychology and Financial Decisions
- IB9QF-10 The Psychology of Investing and Financial Decision Making
Courses
This module is Core for:
- Year 1 of TIBS-N1S3 Postgraduate Taught Business Administration (Executive) (London) Evening