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Module

ACC3006 : International Financial Management

  • Offered for Year: 2021/22
  • Module Leader(s): Mr Philip Morey
  • Lecturer: Dr Xi Li, Dr Rama Kanungo, Dr Periklis Boumparis, Dr Josie McLaren
  • Owning School: Newcastle University Business School
  • Teaching Location: Newcastle City Campus
Semesters
Semester 1 Credit Value: 10
Semester 2 Credit Value: 10
ECTS Credits: 10.0

Aims

To consider the issues that are of importance to a financial manager operating in a global market, in particular the following:
? Application of theories of valuation
? The capital structure decision
? International investment decisions
? The calculation of the cost of capital
? Mergers and Acquisitions
? The management of capital and risk

Outline Of Syllabus

1 Introduction: The Role of the Financial Manager
2 The Stakeholder Perspective
3 The Capital Investment Decision
4 The Cost of Capital
5 Risk Management
6 The Capital Structure Decision
7 Types of debt
8 Leasing contracts
8 M&A and corporate restructuring
9 Management of working capital
10 Current Issues in Finance and Financial Management

Teaching Methods

Teaching Activities
Category Activity Number Length Student Hours Comment
Scheduled Learning And Teaching ActivitiesLecture181:0018:00PIP lectures
Structured Guided LearningLecture materials61:006:00Pre-recorded lectures
Guided Independent StudyAssessment preparation and completion130:0030:00Time for students to complete formative and summative coursework and assessments
Guided Independent StudyDirected research and reading140:0040:00N/A
Scheduled Learning And Teaching ActivitiesSmall group teaching61:006:00PIP seminars
Structured Guided LearningStructured non-synchronous discussion40:302:00Two per semester
Guided Independent StudyIndependent study194:0094:00N/A
Scheduled Learning And Teaching ActivitiesScheduled on-line contact time41:004:00Two sessions per semester for student questions and whole cohort live online discussion.
Total200:00
Teaching Rationale And Relationship

1)Lectures and lecture materials are used to explain the module and to introduce basic concepts and techniques.

2)Seminars provide an opportunity for students to discuss reading and work through problem questions in a small group environment.

3)Scheduled online contact time provides space for student queries and general discussions related to the module.

4)Non-synchronous discussions provide an opportunity to discuss views, experiences and perspectives.

5)Pre-assessment clinics provide an opportunity to become more prepared for the examination.

6)There is formative question practice in both the first and second semesters.

Assessment Methods

The format of resits will be determined by the Board of Examiners

Exams
Description Length Semester When Set Percentage Comment
Written Examination1802A100N/A
Exam Pairings
Module Code Module Title Semester Comment
LAC3006International Financial Management2N/A
Formative Assessments
Description Semester When Set Comment
Prob solv exercises1MPractice questions
Prob solv exercises2MPractice questions
Assessment Rationale And Relationship

The formal examination tests students' intended knowledge and skills outcomes, in particular their ability to write succinct essays and solve numerical problems.

In the case of an alternative semester 2 assessment (worth 100% of the overall module mark) being necessary due to circumstances, the module leader will in the first instance consult with the DPD as to the requirements of the professional accrediting body to discuss possible acceptable alternatives. In 2020/21 this alternative was a 24 hour take home exam delivered online, and it is envisioned that if circumstances do not allow a present-in-person timed exam at the end of semester 2, and the professional body agrees, than this may well be an example of the type of alternative assessment which could be put in place.

Reading Lists

Timetable