Foundations of Finance MGT1026
- Academic Session: 2021-22
- School: Adam Smith Business School
- Credits: 10
- Level: Level 1 (SCQF level 7)
- Typically Offered: Semester 2
- Available to Visiting Students: Yes
- Available to Erasmus Students: Yes
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: Tuesday and Friday (4.00 - 5.00pm) (2 x 1hr 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%)
Intended Learning Outcomes
Word Length/ Duration
1, 2, and 4
In course Exam
3, 4, 5 and 6
ILO7 is assessed by attendance in tutorials. Absence of more than one session from tutorials with no acceptable excuse will result in reduction of 1 grade per absence as long as it does not result in a fail grade.
Main Assessment In: April/May
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.
Intended Learning Outcomes of Course
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.
5. Differentiate between the various traditional capital appraisal techniques to understand their application for capital budgeting analysis.
6. Show an understanding of the current business environment in which investment, financial and other business decisions are made.
7. Demonstrate engagement in learning and work-based activities.
Minimum Requirement for Award of Credits
Students must submit at least 75% by weight of the components (including examinations) of the course's summative assessment.