Financial Management 1 Managerial Finance
This module introduces students to the area of finance and financial management. It looks in detail at what financial management is and its relationship to financial accounting and management accounting. Students are introduced to interpretation of accounts, using standard ratios, with a view to making financial and investment decisions. Working capital and the management of core elements of working capital is discussed and also the area of personal finance.
Explain the role and purpose of financial management including the relationship between financial management, financial objectives and corporate objectives.
Analyse and interpret financial statements for the purposes of investment decisions.
Identify and collate the information necessary for a variety of working capital management scenarios.
Discuss contemporary personal finance issues and illustrate appropriate solutions to a number of personal finance issues facing individuals.
Discuss contemporary issues in financial management such as Sustainability and ESG (Environmental, Social & Governance) issues and illustrate the finance professional's role, incorporating ethical responsibilities.