Module Title

Module Number

JACS Subject Code(s) and % of each subject

ASC Categ ory

GRK5025 FINANCIAL MANAGEMENT Level Credits Module Value 5 20 2.0 Teaching Period Semesters 3 & 4 Module Leader Gerasimos Moshonas

N300

Module Type Standard Taught Module Pre-requisites All Level One Modules School(s) Cardiff School of Management

ECTS Value 10 Campus DPC

Assessment Methods Assessment Type Duration/Length of Assessment Type Weighting of Assessment Approximate Date of Submission Semester 3

In-class Finance Exercises (LO # 1,2,3,) Final Examination (LO # 4, 5 & 6) Aim(s)

50% Week 24 50%

The aim of this module is to study of financial institutions serving the agricultural and food industry. Review the financial institutions, sources of credit, criteria used to evaluate loan requests and financial accountability. Through various methods, including conducting research on an agrobusiness or food company, this module will explore the application of a range of financial analysis and planning tools, asset evaluation and risk management, capital budgeting and capital structure. Learning Outcomes Upon successful completion of this module, the students will be able to demonstrate the ability to do the following: 1. Apply appropriate valuation skills to analyze the financial condition of a business; 2. Utilize the net present value approach in decision-making; 3. Explain the major sources of agricultural credit and discuss the primary factors influencing loan policies. 4. Evaluate the overall cost of capital of the firm. 5. Criticize the dividend retention versus distribution dilemma faced by the firm. 6. Criticize the characteristics of capital markets and how useful they are.

Learning and Teaching Delivery Methods Lectures Individual learning effort/ tutoring Total learning hours Indicative Content

72 hours 128 hours 200

Introduction to finance Financial statements & planning Valuation of future cash flows Capital budgeting Oral presentation business skills Cost of capital Dividends and & dividend policy Credit & liquidity management Financial statement analysis Investment analysis for land Investment analysis for depreciation of assets Risk and return Portfolio management Capital asset pricing model Capital markets Derivatives Dividend policy

Recommended Reading and Required Reading Required Reading: James C. Van Horne and John M. Wachowich, JR. (2008), Fundamentals of Financial Management (13th Edition), FT Prentice Hall. Recommended Reading: Ross, S.A. et al, (1995) Fundamentals of Corporate Finance (3rd Edition, IRWIN L.J.Gitman, (2003), Principles of Managerial Finance, (7th edition), Prentice Hall. A.J.Keown, (2000), Basic Financial Management, (8th edition), Prentice Hall.

Access to Specialist Requirements