Module Details

Module Code: FNCE B8002
Full Title: Financial Management
Valid From:: Semester 1 - 2019/20 ( June 2019 )
Language of Instruction:English
Duration: 1 Semester
Credits:: 5
Module Owner:: Brian Boyd
Departments: Unknown
Module Description: This module focuses on giving the student the knowledge and skills that are required to apply many of the theoretical financial concepts they have learned to the practical business situations that they are likely to encounter in the hospitality sector.
 
Module Learning Outcome
On successful completion of this module the learner will be able to:
# Module Learning Outcome Description
MLO1 Examine the role of the financial manager
MLO2 Assess the importance of effective working capital management
MLO3 Recommend the appropriate sources of finance for each company situation
MLO4 Evaluate capital investment projects using several different methods
MLO5 Appraise the role played by proper financial planning and control in the organisation of events
Pre-requisite learning
Module Recommendations
This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named DkIT module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
No recommendations listed
 
Module Indicative Content
The role of the financial manager
n/a
Management of working capital
n/a
Sources of finance
n/a
Cost of capital
n/a
Investment appraisal
n/a
Capital rationing and asset replacement
n/a
Master Budgets
n/a
Module Assessment
Assessment Breakdown%
Course Work30.00%
Final Examination70.00%
Module Special Regulation
 

Assessments

Full Time On Campus

Course Work
Assessment Type Class Test % of Total Mark 30
Marks Out Of 0 Pass Mark 0
Timing S1 Week 7 Learning Outcome 4,5
Duration in minutes 0
Assessment Description
In class test
No Project
No Practical
Final Examination
Assessment Type Formal Exam % of Total Mark 70
Marks Out Of 0 Pass Mark 0
Timing End-of-Semester Learning Outcome 1,2,3,4,5
Duration in minutes 0
Assessment Description
End-of-Semester Final Examination

Part Time On Campus

Course Work
Assessment Type Class Test % of Total Mark 30
Marks Out Of 0 Pass Mark 0
Timing S1 Week 7 Learning Outcome 4,5
Duration in minutes 0
Assessment Description
In class test
No Project
No Practical
Final Examination
Assessment Type Formal Exam % of Total Mark 70
Marks Out Of 0 Pass Mark 0
Timing End-of-Semester Learning Outcome 1,2,3,4,5
Duration in minutes 0
Assessment Description
End-of-Semester Final Examination
Reassessment Requirement
A repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.

DKIT reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time On Campus
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact No Description Every Week 2.00 2
Tutorial Contact No Description Every Week 1.00 1
Directed Reading Non Contact No Description Every Week 3.00 3
Independent Study Non Contact No Description Every Week 3.00 3
Total Weekly Learner Workload 9.00
Total Weekly Contact Hours 3.00
Workload: Part Time On Campus
Workload Type Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact No Description Every Week 2.00 2
Directed Reading Non Contact No Description Every Week 3.00 3
Independent Study Non Contact No Description Every Week 3.00 3
Tutorial Contact No Description Every Week 1.00 1
Total Weekly Learner Workload 9.00
Total Weekly Contact Hours 3.00
 
Module Resources
Recommended Book Resources
  • ACCA Study text. (2018), Financial Management, BPP, [ISBN: 978-150971680].
Supplementary Book Resources
  • ACCA Study Text. (2018), Advanced Financial Management, Emile Woolf, [ISBN: 978-184843840].
  • Hales, J.. (2010), Accounting and Financial Analysis in the Hospitality Industry, Prentice Hall, London, [ISBN: 978-013245866].
  • Harris, P & Mongiello, M.. (2006), Accounting and Financial Management – Developments in the International Hospitality Industry, Butterworh Heinemann,, [ISBN: 978-075066729].
This module does not have any article/paper resources
Other Resources
  • Journal, Financial Journals.
  • Website, www.FT.com.
  • Website, www.Bloomberg.com.
  • Website, bbc.co.uk/business, irishtimes.com/business.