UCL School of Management

Module Fact Sheet

MSIN0146: Financial Management

Taught by
Level
Masters, level 7
Prerequisites
None
Eligibility
Masters and PGT affiliates from all departments; MSc Business Analytics (MS)
Terms
Term 1
Delivery method
3-hour session comprising part-lecture and part individual and group activities (x 10 weeks)
Assessment
50% unseen 2-hour examination; 40% group report; 10% online test
Previous Module Code
MSING023

Course overview

The module covers key elements of Financial Management. It provides students with a conceptual and theoretical basis for making financial decisions. It familiarizes students with matters relating to short and long term financing alternatives, capital budgeting, the dividend policy or how to create and measure shareholder value. The module will as well cover relevant financial management concepts such as the weighted average cost of capital (WACC), the capital structure or the dividend policy. It uses practical examples and cases to explain the goals of financial management and investment practice. It also enables students to use appropriate models and techniques to solve financial problems in the context of uncertainty.

Learning outcomes

Upon successful completion of the module, a student will be able to:

  • Understand key managerial finance issues and their management.
  • Balance the drivers of using profit as a measurement of performance against the drivers of using cash, and assess financial performance
  • Identify and appraise investment opportunities, taking account of cost of capital and risk, including incremental cash flows and investment appraisal, in the context of strategic issues.
  • Identify and evaluate sources of finance in the context of implications for capital structures and returns to shareholders, in the context of strategic issues.
  • Identify and critique ways of returning value to shareholders, taking account of strategic priorities.
  • Identify and evaluate methods to value a firm.

Topics covered

  •  Nature/challenges of financial management
  • Planning for profit, cash and balance sheets
  • Capital Investment appraisal, including evaluation of risk, and consideration of associated strategic issues and priorities
  •  Sources of finance, optimal capital structures, and cost of capital issues, and consideration of associated strategic issues and priorities
  • Shareholder value, including free cash flow, and consideration of associated strategic issues and priorities
  • Business valuation
  • Returning value to shareholders, and consideration of associated strategic issues 

Assessment summary

50% unseen 2-hour examination; 40% group report  10% online test (1 hour)

Current students should refer to Moodle for specific details of the current year’s assessment.

Essential reading

The core text is Financial Management for Decision Makers, 7/e, by Peter Atrill ©2014 | University of Plymouth Business School | ISBN-10: 129201606X • ISBN-13: 9781292016061 | ©2014 | Pearson | Paper, 656 pp | Published 19 Jun 2014

Past versions of this module

MSIN0146 18/19

MSING023 17/18

MSING023 16/17

Last updated Thursday, 27 June 2019