University of Galway

Course Module Information

Course Modules

Semester 1 | Credits: 5

The objective of this course is to develop the participants' understanding of the theory and practice of financial management, and to develop their skills in the application of this knowledge to financial decision-making. It is designed for students who have not previously studied finance. The course will provide a good basic foundation in Financial Management for students not intending to specialise in finance. The course provides a broad understanding of the objectives and methods of financial management, from which students can progress to a more advanced study of corporate finance.
(Language of instruction: English)

Learning Outcomes
  1. Understand and explain the shareholder value maximisation objective of financial management activities.
  2. Understand the concept of time value of money, and apply valuation techniques in the valuation of financial securities.
  3. Describe the various techniques for the appraisal of capital investment projects, and their advantages and limitations.
  4. Analyse capital investment proposals and make recommendations.
  5. Demonstrate an understanding of working capital and of working capital management issues.
  6. Explain and apply relevant approaches to the management of current assets (inventory, debtors, and liquidity) and liabilities.
Assessments
  • Written Assessment (80%)
  • Continuous Assessment (20%)
Teachers
The above information outlines module AY872: "Financial Management I" and is valid from 2023 onwards.
Note: Module offerings and details may be subject to change.