Business Finance
| Code | School | Level | Credits | Semesters |
| BUSI1070 | Nottingham University Business School China | 1 | 10 | Spring China |
- Code
- BUSI1070
- School
- Nottingham University Business School China
- Level
- 1
- Credits
- 10
- Semesters
- Spring China
Summary
PRE-REQUISITE
Please note that for this module, the following pre-requisite applies:
BUSI1074 Quantitative Methods 1b AND BUSI1113 Fundamentals of Financial & Management Accounting
OR
BUSI1074 Quantitative Methods 1b AND BUSI1122 Introduction to Accounting
Introduction to the fundamental concepts of finance and in particular:
- understand that there is a relationship between the risk of an investment and the expected returns.
- understand the concept of the time value of money and be able to calculate the present value of a single and multiple future cash flows.
- be able to apply NPV to project appraisal in realistic situations.
- understand the fundamental ideas or portfolio theory and be able to apply the CAPM.
- to be able to estimate cost of capital for equity (CAPM and dividend growth model) and bonds (market value and IRR)
Re-assessment format is decided by the school.
Target Students
Compulsory for FAM Qualifying Year students. Optional for IBE/IBM Qualifying Year students. Optional for IBC Part I students.
Classes
- One 1-hour-30-minute seminar each week for 3 weeks
- One 2-hour lecture each week for 9 weeks
Assessment
- 100% Exam 1 (2-hour): One 2-hour exam.
Assessed by end of spring semester
Educational Aims
To provide an introduction to the fundamental concepts of finance, including project appraisal, capital markets and the capital structure of firms.Learning Outcomes
Knowledge and understanding
This module develops a knowledge and understanding of:
- The sources, uses and management of finance.
- The concepts of the time value of money and the risk and return relationship for different sources of finance and for portfolios.
Intellectual skills
This module develops:
- The cognitive skills of critical thinking, analysis and synthesis, including the ability to identify assumptions, evaluate statements in terms of evidence, to detect false logic or reasoning, to identify implicit values, and to define terms adequately and to generalise appropriately.
- Effective quantitative problem solving and decision making skills.
Professional practical skills
This module develops:
- Numeracy and quantitative skills including data analysis, interpretation and extrapolation.
- The ability to apply business models to business problems and phenomena.
Transferable (key) skills
This module develops:
- Effective self-management in terms of time, planning and behaviour, motivation, self-starting, individual initiative and enterprise.
Conveners
- Dr Xiaolan Zheng