AF4S31 - Strategic Financial Management 06 Jul 2023 - 31 Aug 2026 | Version 4
Associated Module Information
| Module Code: | AF4S31 | ||
|---|---|---|---|
| Module Title: | Strategic Financial Management | ||
| Faculty: | Faculty of Business and Creative Industries | ||
| Faculty Group: | Global Business | ||
| Faculty Sub Group: | Global Business | ||
| Module Leader: | Lucie Corcoran | ||
| Module Team: | Salma Yehia, Rekha Shewakramani, Rajashree K.N, Maria Monica, Michael Parsons, Andrew Thompson, Chibuzo Amadi, Filippos Proedrou, Marie Clifford, Donald Amuah, Jared Davies, Liam Hutchinson, Adeyemi Aromolaran, Davina Evans, Daphnie Goh | ||
| First Intended Intake: | SEP 2011 | Final Year of Intake: | 2015 |
| Date Closed: | |||
| Credit Value: | 20 | Credit Level: | 7 |
| Language: | English | ||
| Percentage of Module Taught in Welsh: | 0 | ||
| Equivalent Module: | |||
| HECOS codes: | 100107 - finance | ||
| HECOS Code Weighting: | 100 | ||
Document Version Information
| Version | 4 |
|---|---|
| Valid From | 06 Jul 2023 |
| Valid To | 31 Aug 2026 |
Module Aims
The module aims to provide a critical and holistic overview of the strategic financial management of an organisation, from both internal and external stakeholder viewpoints. It will enable students to critically appraise key aspects of corporate governance and corporate social responsibility. It will then develop students’ knowledge, understanding and critical evaluation of accounting terminology, theoretical frameworks and the main principles of financial accounting, management accounting and financial management. Students will be encouraged to practically apply - and critically evaluate - techniques such as financial statement analysis, investment appraisal and budgeting in a strategic managerial context.
Content Summary
Objectives of financial management including, financial and non-financial objectives, corporate governance and corporate social responsibility and financial terminology.
Strategic Financial Decisions including the relevance and interrelatedness of the three financial management decisions, sources of finance, gearing and capital structure and managing risk
Financial statement analysis (FSA) including, the role, purpose and content of financial statements; the use of accounting and economic ratios; Strengths and limitations of FSA.
Capital investment appraisal including, key terminology and techniques including non-discounted and discounted methods and dealing with scarce resources and risk in capital appraisal.
Budgetary management and control including, approaches to budgeting and performance management, behavioural aspects affecting budgetary management and control, and decision making around the allocation of resources.
Learning and Teaching Methods
| Activity Type | Hours |
|---|---|
| Lecture | 8 |
| Seminar | 12 |
| Practical classes and workshops | 12 |
| Directed Study | 80 |
| Independent Study | 80 |
| Formative Assessment - Scheduled | 8 |
| Total Hours Selected | 200 |
Learning Outcomes
| # | Learning Outcome |
|---|---|
| LO1 | Understand and apply accountancy terminology, frameworks and principles in order to be able to use, critically analyse and assess financial management information |
| LO2 | Critically evaluate the issues and techniques of strategic financial management. |
Module Requisites
N/A
Assessment Criteria
| Assessment Category | Assessment Type | Description | Duration | Word Count | Weight (%) | Best of? | Pass Mark |
|---|---|---|---|---|---|---|---|
| Synchronous Onsite Assessment | Classroom Test - Time Constrained (Onsite) 1 | A written in-class test where students apply and critically review accounting/financial management techniques and critically discuss related issues, including the financial impacts on strategic decision- making. | 120 | N/A | 50 | No | 40 |
| Synchronous Onsite Oral Assessment | Presentation (Synchronous Onsite) 1 | Students apply financial management approaches and critically evaluate for strategic decision-making purposes | 15 | N/A | 50 | No | 40 |
Assessment Matrix
| Assessment Type | Learning Outcomes | ||
|---|---|---|---|
| LO1 | LO2 | ||
| Classroom Test - Time Constrained (Onsite) 1 | ✔ | ✔ | |
| Presentation (Synchronous Onsite) 1 | ✔ | ✔ | |