| CODE | ACC3521 | ||||||||
| TITLE | Managerial Finance | ||||||||
| UM LEVEL | 03 - Years 2, 3, 4 in Modular Undergraduate Course | ||||||||
| MQF LEVEL | 6 | ||||||||
| ECTS CREDITS | 4 | ||||||||
| DEPARTMENT | Accountancy | ||||||||
| DESCRIPTION | Rationale & Learning Objectives: This study-unit aims to introduce students to the topic of Financial Management, more particularly to the various sources from where a business can procure funds; and how such funds can best be invested in capital projects and working capital, and then managed properly in order to maximise shareholders’ wealth. Indicative Syllabus & Study-unit Outline: The study-unit is intended to help the student understand how to help maximize shareholders’ wealth by: • Understanding the proper role of the Financial Manager; • Choosing the best sources of funds for the business, and the criteria to follow in doing so; • Appraising capital investment projects to ensure the best possible combination of risk / return to the shareholder from several alternatives; • Managing working capital, with particular emphasis on cash and liquidity, debtors and inventory, in order to ensure the proper safeguarding of assets and the survival of the firm. Reading List: R.Pike & B.Neale, Corporate Finance and Investment (Prentice-Hall). G. Knott, Financial Management (Macmillan Business Masters). J.C.Van Horne, Financial Management and Policy (Prentice-Hall). A.H.Millichamp:Finance for non-Financial Managers (Letts Educational) |
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| STUDY-UNIT TYPE | Lecture | ||||||||
| METHOD OF ASSESSMENT |
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| LECTURER/S | Miraine Falzon |
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The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints. Units not attracting a sufficient number of registrations may be withdrawn without notice. It should be noted that all the information in the description above applies to study-units available during the academic year 2023/4. It may be subject to change in subsequent years. |
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