Internal

MMM031: Financial Management

MMM031: Financial Management

Module code: MMM031

Module provider: Business Informatics, Systems and Accounting; Henley Business School

Credits: 20

Level: Postgraduate Masters

When you'll be taught: Semester 1

Module convenor: Dr Alisher Erkaboev, email: alisher.erkaboev@henley.ac.uk

Pre-requisite module(s):

Co-requisite module(s):

Pre-requisite or Co-requisite module(s):

Module(s) excluded:

Placement information: NA

Academic year: 2024/5

Available to visiting students: Yes

Talis reading list: Yes

Last updated: 17 June 2024

Overview

Module aims and purpose

This module aims to equip students with relevant accounting and financial management knowledge in decision making, especially for those who have little background in accounting and financial management. The module covers relevant topics in the areas of financial accounting, management accounting and financial management, with a focus on the ability to understand the importance of accounting and financial information in decision making and critical evaluation of the use of relevant information in decision making. 

Module learning outcomes

By the end of the module, it is expected that students will be able to:

  1. Outline the role, nature and objectives of financial accounting, management accounting and financial management. 
  2. Describe the conceptual framework of financial accounting and explain and demonstrate how it is applied in the presentation and preparation of corporate financial statements. 
  3. Calculate a range of ratios useful for evaluating enterprise profitability, efficiency, liquidity and related risk and returns to shareholders, and analyse and interpret financial statements using these ratios. 
  4. Produce solutions to practical management accounting scenarios by applying management accounting concepts and techniques. 
  5. Explain the nature and importance of capital investment decision-making and apply various techniques of investment appraisal to a range of investment scenarios to make business recommendations thereon. 
  6. Compare and contrast the main sources of finance available to a business and - assess their costs and benefits to a business. 

Module content

  • Financial accounting concepts and the presentation of financial statements 
  • Ratio analysis and financial decision making 
  • Short-term managerial decision making
  • Managerial planning and control
  • Sources of finance
  • Capital investment decisions 

Structure

Teaching and learning methods

Lectures of two hours per week will be used for the exposition of the major concepts, principles and techniques under consideration. Workshops of two hours duration will be used for numerical practice/application and discussion. 

Study hours

At least 30 hours of scheduled teaching and learning activities will be delivered in person, with the remaining hours for scheduled and self-scheduled teaching and learning activities delivered either in person or online. You will receive further details about how these hours will be delivered before the start of the module.


 Scheduled teaching and learning activities  Semester 1  Semester 2  Summer
Lectures 20
Seminars 10
Tutorials
Project Supervision
Demonstrations
Practical classes and workshops
Supervised time in studio / workshop
Scheduled revision sessions 2
Feedback meetings with staff
Fieldwork
External visits
Work-based learning


 Self-scheduled teaching and learning activities  Semester 1  Semester 2  Summer
Directed viewing of video materials/screencasts
Participation in discussion boards/other discussions
Feedback meetings with staff
Other
Other (details)


 Placement and study abroad  Semester 1  Semester 2  Summer
Placement
Study abroad

Please note that the hours listed above are for guidance purposes only.

 Independent study hours  Semester 1  Semester 2  Summer
Independent study hours 168

Please note the independent study hours above are notional numbers of hours; each student will approach studying in different ways. We would advise you to reflect on your learning and the number of hours you are allocating to these tasks.

Semester 1 The hours in this column may include hours during the Christmas holiday period.

Semester 2 The hours in this column may include hours during the Easter holiday period.

Summer The hours in this column will take place during the summer holidays and may be at the start and/or end of the module.

Assessment

Requirements for a pass

Students need to achieve an overall module mark of 50% to pass this module.

Summative assessment

Type of assessment Detail of assessment % contribution towards module mark Size of assessment Submission date Additional information
Written coursework assignment Report 35 1,500 words Assessment week 1, Semester 1 Report on company produced in pairs
In-person written examination In-person exam 65 2 hours Semester 1 assessment period

Penalties for late submission of summative assessment

The Support Centres will apply the following penalties for work submitted late:

Assessments with numerical marks

  • where the piece of work is submitted after the original deadline (or any formally agreed extension to the deadline): 10% of the total marks available for that piece of work will be deducted from the mark for each working day (or part thereof) following the deadline up to a total of three working days;
  • the mark awarded due to the imposition of the penalty shall not fall below the threshold pass mark, namely 40% in the case of modules at Levels 4-6 (i.e. undergraduate modules for Parts 1-3) and 50% in the case of Level 7 modules offered as part of an Integrated Masters or taught postgraduate degree programme;
  • where the piece of work is awarded a mark below the threshold pass mark prior to any penalty being imposed, and is submitted up to three working days after the original deadline (or any formally agreed extension to the deadline), no penalty shall be imposed;
  • where the piece of work is submitted more than three working days after the original deadline (or any formally agreed extension to the deadline): a mark of zero will be recorded.

Assessments marked Pass/Fail

  • where the piece of work is submitted within three working days of the deadline (or any formally agreed extension of the deadline): no penalty will be applied;
  • where the piece of work is submitted more than three working days after the original deadline (or any formally agreed extension of the deadline): a grade of Fail will be awarded.

The University policy statement on penalties for late submission can be found at: https://www.reading.ac.uk/cqsd/-/media/project/functions/cqsd/documents/qap/penaltiesforlatesubmission.pdf

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.

Formative assessment

Formative assessment is any task or activity which creates feedback (or feedforward) for you about your learning, but which does not contribute towards your overall module mark.

Reassessment

Type of reassessment Detail of reassessment % contribution towards module mark Size of reassessment Submission date Additional information
In-person written examination In-person exam 100 2 hours Re-assessment period

Additional costs

Item Additional information Cost
Computers and devices with a particular specification
Printing and binding
Required textbooks
Specialist clothing, footwear, or headgear
Specialist equipment or materials
Travel, accommodation, and subsistence

THE INFORMATION CONTAINED IN THIS MODULE DESCRIPTION DOES NOT FORM ANY PART OF A STUDENT'S CONTRACT.

Things to do now