Module Catalogues, Xi'an Jiaotong-Liverpool University   
 
Module Code: ACF423
Module Title: Financial Strategy
Module Level: Level 4
Module Credits: 2.50
Academic Year: 2019/20
Semester: SEM1
Originating Department: International Business School Suzhou
Pre-requisites: N/A
   
Aims
1. To identify capital requirements of businesses and recommend relevant means of financing those requirements

2. To recognise and manage financial risks

3. To analysis investment choices and make appropriate investment decisions.
Learning outcomes 
CODE OUTCOME

A identify capital requirements of businesses, assess financing options and recommend relevant methods of financing

B identify the financial risks facing a business and the principal methods of managing those risks

C apply appropriate investment appraisal techniques taking into account the various factors affecting investment decisions and critically evaluate the appropriateness of various techniques for a range of organisational situations

D evaluate the ethical implications of an entity’s financial strategy (including those bearing upon the organisation, individuals and other stakeholders) and suggest appropriate courses of action to resolve ethical dilemmas that may arise


E demonstrate a critical understanding of the basic underlying theories/literature and principles upon which modern financial strategy is based


Method of teaching and learning 
A range of teaching and learning methods will be utilized on this module. Core substantive knowledge will be delivered via a weekly 2-hour lecture, and the knowledge covered in lectures will be reinforced by practical student group work, culminating in participative tutorials of one-hour duration each week. Longer, case-based work will be delivered by means of two 2-hour seminars, which will again be participative in nature.
Syllabus 
1 Financing options 35%

2 Managing financial risk 30%

3 Investment decisions and valuation 35%

TOTAL 100%


1. Financing options

Candidates will be able to identify capital requirements of businesses and assess financing options.


In the assessment, candidates may be required to:

a. explain the general objectives of financial management, demonstrate understanding of the fundamental principles of financial economics and describe the financial strategy process for a business

b. describe the impact of financial markets and other external factors on a business’s financial strategy, using appropriate examples to illustrate the impacts

c. describe the implications of terms included in loan agreements in a given scenario (e.g. representations and warranties; covenants; guarantees)

d. explain the roles played by different stakeholders, advisors and financial institutions in the financial strategy selected by a business

e. identify the possible conflicts of objectives between different stakeholders in a business

f. compare the features of different means of making returns to owners and lenders, explain their effects on the business and its stakeholders, and recommend appropriate options in a given scenario

g. identify and calculate a business’s future requirements for capital, taking into account current and planned activities, referring to levels of uncertainty and making reasonable assumptions which are consistent with the situation

h. assess the suitability of different financing options for a given business

i. identify in the business and financial environment factors that may affect financing for investment in a different country

j. compare the financing costs and benefits (including those that are not separately quantifiable) of various courses of action, using appropriate appraisal techniques

Delivery Hours  
Lectures Seminars Tutorials Lab/Prcaticals Fieldwork / Placement Other(Private study) Total
Hours/Semester 26  4  13      32  75 

Assessment

Sequence Method % of Final Mark
1 Exam 100.00

Module Catalogue generated from SITS CUT-OFF: 6/3/2020 2:02:00 AM