MGT1026 Foundations of Finance, is one of four 10-credit courses which comprise level 1 study in Business and Management. Students will complete all four courses (40 credits in total) and achieve a minimum of grade D3 in each in order to progress to Level 2 study in Business and Management.

This course will introduce students to the fundamentals of finance and its link with other functions in an organisation. It will provide a theoretical and practical understanding on various aspects of financing and investing and equip students with tools and skills necessary to comprehend how financial decisions are made in a dynamic business environment.

Lectures: Friday (15.00 - 17.00pm) (1 x 2hr lectures x 10 weeks)
Tutorials: 1 x 1hr tutorials x 5 weeks

Tutorials are held at various times and can be selected on MyCampus.

ACCFIN1016 Introduction to Finance, Investments and Institutions

ACCFIN1020 Foundations of Finance

In course Exam (25%) and degree examination (75%)

The aim of this course is to provide students with essential knowledge of the key issues and concepts in finance, which will widen their appreciation and clarity regarding the role of the finance function in any organisation. Students will be introduced to the basic concepts of finance and how these concepts are integrated into the organisation's strategies and performance as a whole.

By the end of this course students will be able to:

1. Describe the role of financial management and its link with other functions in any organisation.

2. Interpret financial statements by exploiting meaningful information about the company to understand how better financial and investment decisions are made.

3. Identify competing sources, uses and costs of finance available to corporations.

4. Appraise the importance of the concept of the time value of money and its application for general valuation and cash flow valuation.

Students must submit at least 75% by weight of the components (including examinations) of the course's summative assessment.