Integrated University

Code: UITB502CM   Title: Business Finance         Version: 1

Level: M                                   UIT credit rating: 3

Module type: Standard

Valid from: March 2003

Contributes towards: MBA (see notes)

Pre-requisites: None

Co-requisites: None

Excluded combinations: None

Learning outcomes:

By the end of this module, candidates will be able to:

a)         Knowledge and Understanding
understand varied types of securities and concepts of risk and return of an investment appreciate relevant techniques and concepts of business financial performance measures and financial decision making demonstrate knowledge of  a whole spectrum of sources of finance for a firm understand the relative functions and importance of financial institutions as sources of business finance.

b)         Subject-specific Skills
use concepts, theories and tools to business decision making understand ways to measure business performance in both domestic and international settings appreciate financial processes of a firm from conception and efficient operation through to management of generic and organic growth.

c)         Cognitive Skills
analyse and evaluate business plans from financial perspective evaluate current financial practices and suggest ways to improve their shortfalls apply tools and analytical techniques in the analysis of financial performance of a company make decisions about a dilemma experienced by small and large organisations.

d)         Transferable Skills
develop, execute, assess and control international business plan effectively negotiate with investors, clients, professional bodies and other financial resource providers apply relevant strategies to enable a business to positively respond to changes in economic swings and international financial environment.

Syllabus Outline:

●  International financial environment
●  Choices of finance for companies
●  Short term financing
●  Management of long-term assets
●  Capital investment decisions
●  Appraisal of benefits and risk of investment
●  Corporate restructuring, mergers and take overs
●  Financial decision making and control
●  Measuring company financial performance
●  Financing new product and entering new markets
●  International aspects of business finance

Teaching and Learning Approaches:

The module will be delivered through twelve 1 ¼ - hour lectures covering some major topics of business finance.  The workshops will adopt individual and group exercises using real case examples as well as case studies activities.  You will be encouraged to make appropriate reference to your own workplace and where appropriate, to critically evaluate the financial performance of the firm.

Indicative Readings:

Banks, E. (2001). E-Finance: The Electronic Revolution, Wiley.

Clark, E. (2003). International Finance, 2^nd Edition, Thomson Learning.

Harrington, D. (2003). Corporate Financial Analysis in a Global Environment, 7^th Edition, Thomson Learning.

Hawawini, G. and Viallet, C. (2002). Finance for Executives, 2^nd Edition, South-Western.

Jackel, P. (2002). Monte Carlo Methods in Finance, Wiley.

Kolb, R.W. (2002). Futures, Options and Swaps, 4^th Edition, Blackwell.

Lebas, M. and Stolowy, H. (2002). Corporate Financial Reporting: A Global Perspective, Thomson Learning.

Madura, J. (2003). International Financial Management, 6^th Edition, South Western. 

Oakshott, L. (2001). Essential Quantitative Methods for Business, Management and Finance, Palgrave.

Pike, R. and Neale, B. (2003). Corporate Finance and Investment: Decisions and Strategies, 4^th Edition, Pearson Publication.

Sagner, J. (2002). The Real World of Finance: 12 Lessons for the 21^st Century, Wiley.

Assessment

Weighting:  Component  A = 100%

ATTEMPT 1

First Assessment Opportunity
Component A
Description of each element                                                                             Element weighting
1. Supervised mini-project (3,000 words)                                                                          1

Second Assessment Opportunity (further participation is not required)
Component A
Description of each element
1. Supervised mini-project (3,000 words)                                                                          1

Specification confirmed by……………………………………Date……………………..
Faculty Dean/Programme Manager