Course Brief

The Financial Decision Making course aims to provide students with a set of accounting and financial tools that enables them to interpret and critique financial information from a variety of sources and to make informed and effective financial decisions that directly impact company operations.

 

 


  • 50 - 60 Contact Hours

LEARNING OUTCOMES

On completion of this course students will be able to:

• Develop an applied understanding of finance and accounting concepts relevant to general management roles.
• Critically analyse external financial statements and make informed decisions through the identification and application of appropriate  KPIs
• Evaluate management accounting decision-making techniques and apply them in relevant internal and external situations
• Develop a critical awareness of the time value of money, risk, future returns and the capital investment decision
• Engage effectively in management discussions on finance and accounting issues
• Make informed, reasoned and sustainable decisions on capital investment programmes
• Critically analyse and propose reasoned solutions to questions of capital allocation, retention and distribution

The course is assessed by final examination, accounting for 100% of the overall mark.

There is no choice in the selection of questions to be answered. The paper is in three sections:

I. 20 multiple choice questions worth 2 marks each 40%
II. 1 mini-scenario with 5 questions worth 2 marks each 10%
III. 2 scenario based case studies, mix of numeric and narrative assessment, worth 50 marks in total (either 25+25 or 20+30) 50%