BIBM606 – Introduction to Finance

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Module code
BIBM606
Module title
Introduction to Finance
Prescription
Students will apply financial management knowledge and skills to a small or medium size business for decision-making purposes
Programmes
  • BI1401
  • BI1506
NZQA Level
Level 6
NZQA Credits
15
Delivery method
  • Web-Supported
Learning hours
Directed hours
48
Self directed hours
102
Total learning hours
150
Resources required
Learning Outcomes
1. Demonstrate an understanding of the business finance environment
2. Calculate, interpret and evaluate capital budgeting techniques and apply them to the
appraisal of investment decisions
3. Apply understanding of working capital and current assets management to given business
situations
4. Evaluate short term and long term financing alternatives for businesses
5. Analyse principles of capital structure including the cost of capital
6. Demonstrate application of different aspects of business finance to case studies and offer
recommendations
Content
- Financial management, financial planning and financial control
- Impact of stakeholder demands and agency theory on financial goals
- Basic concepts of working capital management
- Cash, accounts receivable, inventory and accounts payable management
- Capital expenditure (capital budgeting) techniques including risks in investments
- Capital structure, debt and equity consideration, weighted average cost of capital and
capital asset pricing model
- Short- and long-term financing
Teaching and Learning Strategy
Teaching will involve blended delivery methods incorporating the Moodle online delivery platform. Other delivery methods my involve theoretical and practical classes, face to face, lectures, tutorials, workshops, group activities, guest tutors, field trips, role-play, and video conferencing, as appropriate.
Assessment Criteria
Candidates must achieve a minimum result of 40 in the final examination of this module. They must also achieve a minimum C grade pass overall from all assessments to receive a passing grade for the module.
Learning and Teaching Resource
Required Text:
An extended reading list will be supplied by the tutor at commencement of the module. This will be updated annually.