Key features
- Display knowledge of selected day-to-day management functions of a business
- Appreciate financial principles of accountability, cost-effectiveness, cost-efficiency and value for money
- Obtain employment in accounting firms and finance departments in the public or private sector
- Describe financial management terminology, concepts and principles
- Analyse and interpret financial management statements and reports such as balance sheet, income and expenditure
About
The programme explores the complex challenges of financial management decision-making processes and deals with issues such as: budgeting; cash-flow projections; cost benefit analysis; financial statements with respect to balance sheets; income and expenditure statements; assets register; ratio analysis; business investment; financing decisions; current asset management; dividend and dividend policy. The areas of mergers and acquisitions are also explored.
Outcomes
Upon successful completion of the programme, the student should be able to:
- Obtain and assimilate knowledge appropriate to the practice of financial management in any organisation.
- Prepare financial statements of entities, including groups of companies, using relevant financial information, accounting techniques and standards; and to analyse and interpret such financial statements
- Understand the general legal framework, and apply specific legal principles relating to business, including taxation legislation as applicable to individuals, single companies and groups of companies.
- Explain the process of carrying out the assurance (audit) engagement and its application in the context of the professional (audit) regulatory framework.
- Describe the organisational context of the financial manager and of the development of financial systems; to understand the need for the efficient use of resources within an organization
- Communicate business and general management information to relevant stakeholders effectively using both oral and verbal communication
Programme structure
Duration: 3 years
There are 5 modules per year over two semesters
Year 1
- Business Communication 101
- Mathematics of Finance 101
- Financial Management 1
- Economics 1
- Financial Accounting 1
Year 2
- Business Management 201
- Introduction to Taxation 201
- Financial Management 2
- Managerial Accounting 2
- Business Information Systems 2
Year 3
- Ethics and Corporate Governance 301
- Public Sector Finance 301
- Financial Management 3
- Commercial Law 3
- Taxation 3
Admission requirements
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