Unit information: Managerial Finance in 2013/14

Unit name	Managerial Finance
Unit code	EFIM10004
Credit points	20
Level of study	C/4
Teaching block(s)	Teaching Block 2 (weeks 13 - 24)
Unit director	Mr. Mike Davies
Open unit status	Not open
Pre-requisites	EFIM10002 Financial Accounting 1 and A level Mathematics
Co-requisites	None
School/department	School of Economics, Finance and Management
Faculty	Faculty of Social Sciences and Law

Description including Unit Aims

An introduction to the basics of Management Accounting and Financial Management, including costing principles, decision making, budgeting and investment appraisal. The course takes a practical approach and tries to show how theory can be applied in both traditional and modern business environments. Participants are encouraged to think through the business implications of the accounting data they generate.

Intended Learning Outcomes

The course should enable students to:

• understand the basic principles of costing and decision making

• critically evaluate business problems in a practical and informed way.

Teaching Information

44 lectures and 5 tutorials.

Assessment Information

Formative:

Ten tutorial questions a sample of which (currently 5) are collected, marked and returned. These questions cover all ILOs and course topics.

Summative:

Three hour closed book examination in May/June, covering all unit material and ILOs. 60 marks compulsory through two questions; 40 marks by choosing two from three further questions.

Reading and References

• Jones, M. Management Accounting (John Wiley and Sons)

Supplementary:

• E. McLaney and P. Atrill Accounting and Finance for Non-specialists (Prentice-Hall)

• Catherine Gowthorpe Finance for non-specialists (Thomson)