Bangor University Transfer Abroad Undergraduate Programme Module Implementation Plan MODULE: ACF-103 LECTURER: Murray Smart FUNDAMENTALS OF FINANCIAL MANAGEMENT INTAKE: 2016 SEMESTER: 4 ACTIVITY TYPES: Lecture, presentation, quiz, exam, workshop Start Date: May 21, 2018 End Date: June 08, 2018 Year Semester Academic weeks Module Code Module Name Credits Lecture hrs/week HAUT Tutorial Hrs/week Weeks Fundamentals of Financial Mon-Fri 10 Mon-Fri Week 12 ~ 14 II Spring ACF-103 Management 1430-1530 3 0830-1130 2015/05/21~2015/06/08 Course Detail: This course introduces students to the fundamentals of financial management. Broadly the course consists of three major topics: the principals of financial mathematics (time value of money) and valuation, capital expenditure decisions and capital structure. The concepts of TVM apply across the whole course. Business finance environment: Role of financial management, Financial goals of a firm: stakeholder demands and agency theory types of business structure. Mathematics of finance: Time value of money present and future values mixed stream cash flows and annuities; Valuation of stocks and bonds – – Management of working capital: Cash, marketable securities, accounts receivable, inventory, short-term financing Accounting for risk: Expected returns, standard deviation, coefficient of variance, probability distributions Capital expenditure decisions: Techniques NPV, IRR, Payback, Profitability index; expansion or replacement projects, unequal lives, capital rationing – Required rate of return and cost of capital: Weighted average cost of capital debt, preference shares common equity; CAPM, dividend growth model – Capital structure: Leverage operating, financial, total; EBIT-EPS and breakeven analysis, finance mix, optimal capital structure, Modigliani & – Miller theory Assessment: 2-hour examination at end of course Assessment Date Value
Bangor University Transfer Abroad Undergraduate Programme Module Implementation Plan MODULE: ACF-103 FUNDAMENTALS OF FINANCIAL MANAGEMENT LECTURER: Murray Smart INTAKE: 2016 SEMESTER: 4 ACTIVITY TYPES: Lecture, presentation, quiz, exam, workshop Start Date: May 21, 2018 End Date: June 08, 2018 Year Semester Academic weeks Module Code Module Name Credits Lecture hrs/week HAUT Tutorial Hrs/week Weeks II Spring Week 12 ~ 14 2015/05/21~2015/06/08 ACF-103 Fundamentals of Financial Management 10 Mon-Fri 0830-1130 Mon-Fri 1430-1530 3 Course Detail: This course introduces students to the fundamentals of financial management. Broadly the course consists of three major topics: the principals of financial mathematics (time value of money) and valuation, capital expenditure decisions and capital structure. The concepts of TVM apply across the whole course. Business finance environment: Role of financial management, Financial goals of a firm: stakeholder demands and agency theory types of business structure. Mathematics of finance: Time value of money – present and future values – mixed stream cash flows and annuities; Valuation of stocks and bonds Management of working capital: Cash, marketable securities, accounts receivable, inventory, short-term financing Accounting for risk: Expected returns, standard deviation, coefficient of variance, probability distributions Capital expenditure decisions: Techniques – NPV, IRR, Payback, Profitability index; expansion or replacement projects, unequal lives, capital rationing Required rate of return and cost of capital: Weighted average cost of capital – debt, preference shares common equity; CAPM, dividend growth model Capital structure: Leverage – operating, financial, total; EBIT-EPS and breakeven analysis, finance mix, optimal capital structure, Modigliani & Miller theory Assessment: 2-hour examination at end of course Assessment Date Value
ACF103-MIP-2018-MIP.docx