AF3002 - Navigating the Financial World

What will I learn on this module?

This module will to introduce you to key concepts of corporate finance, theories and practice in a business environment. The module covers core aspects ranging from organisational goals, adding value to shareholders to raising finance. Specifically, you will study financial objectives of the corporation, shareholder vs. stakeholders interests, capital structure, decision-making and, the basics of mergers and acquisitions.


Responsible financial management is at the heart of business decision making. This includes how firms raise finance and the relationship between the business and its stakeholders. This module will develop your awareness of contemporary financial issues and academic literature surrounding such issues through a research rich approach to teaching. The module explores case studies alongside interactive lectures designed to develop analytical thinking skills. In addition, this will cultivate your business curiosity regarding commercial and professional activity in accounting, finance and economics. Lectures will be supported by seminars, which enable students to examine the cases and lecture topics in greater detail.


The module will engage you with reading and analysing key stories, cases and events in the business press over the last few years, particularly in the Financial Times (which you will have a free university subscription to). In addition, the module introduces you to the Newcastle Business School Trading Room, a high tech platform specialist software that gives you access to financial and market data and, global news and insights.

How will I learn on this module?

The module has a weekly one-hour lecture in which academic literature, financial concepts and business cases are introduced. Following the lectures, additional reading will be detailed in the teaching and learning plan and this can be accessed directly through an online reading list on the modules Blackboard site and through the Library website. Within the teaching and learning plan, you will also access weekly-directed multimedia support of appropriate accounting, finance and economics documentaries, series and movies.

You will have a weekly two-hour seminar. The weekly seminar will reinforce the concepts introduced in the preceding week’s lectures with real world news stories drawn from the Financial Times, Newcastle Business School Trading Room, business cases and other relevant examples of professional practice and appropriate research papers. You will be encouraged by your lecturer to engage in independent study using your FT.com subscription and the associated FT.com phone app to explore similar relevant financial stories occurring in the press at that time.

How will I be supported academically on this module?

The academics in the teaching team taking both the lectures and seminars will provide input and support. Lectures are recorded and made available to you through a variety of means including direct streaming and portable MP3 and MP4 files which you can download. This allows you to access and digest the lecture materials post-lecture at your own pace, to review and revise the lecture material on a variety of platforms and devices.

The seminars provide you with weekly opportunities for direct and interactive formative feedback on progress and understanding. At least one of the seminars will be dedicated to giving you a formative feedback on the requirements of the assignment and advice.

This module is supported with a site on the e-Learning Portal (Blackboard). This site contains the lecture materials, the lecture recordings and supplementary seminar materials. The site is also the launchpad for you to access a variety of e-Learning resources including videos, documentaries and radio broadcasts using the “Box of Broadcasts” Library service. In addition the site has instructions for how you access a Financial Times subscription news service, contains links to news clippings from the FT.com for you to access and read on a weekly basis, and has instructions on how you can download the FT.com app for a variety of mobile devices.

The modules online reading list can be reached through the e-Learning Portal. This list provides you links from which to access all of the modules eBooks, news resources and directed learning academic articles. The site also has a discussion board, on this board you are encouraged to post any interesting news articles relating to the module and the key concepts of finance as part of your learning and engagement on the module.

What will I be expected to read on this module?

All modules at Northumbria include a range of reading materials that students are expected to engage with. The reading list for this module can be found at: http://readinglists.northumbria.ac.uk
(Reading List service online guide for academic staff this containing contact details for the Reading List team – http://library.northumbria.ac.uk/readinglists)

What will I be expected to achieve?

Knowledge & Understanding:

• You will be able to come to reasonable judgement and evaluation of how corporate finance impacts shareholder wealth and stakeholder objectives using academic literature and theories. (MLO1)


Intellectual / Professional skills & abilities:

• You will be able to display developing reflection skills through exploring financial practice and real world financial decisions.(MLO2)


Personal Values Attributes (Global / Cultural awareness, Ethics, Curiosity) (PVA):

• You will develop your curiosity of dilemmas that responsible businesses face when making financial decisions. (MLO3)

How will I be assessed?

Formative assessment:
You will receive weekly formative feedback throughout the module on different topics covered from the teaching team both on an individual basis and as part of your team.

Summative assessment:

The module will be 100% assessed through the completion of an assignment (2,500 words) that demonstrates an understanding of shareholder wealth maximisation, from a financial decision-making perspective, using real world examples. This covers all of the module learning outcomes.

(MLO1, MLO2 and MLO3)

Pre-requisite(s)

None

Co-requisite(s)

None

Module abstract

Responsible financial management is at the heart of business decision making. How should we raise the money? How much should we spend? How do we add value to shareholders and stakeholders? These are all important corporate finance questions. This module takes an analytic and practical approach to your learning, with you developing a greater awareness key of financial topics. You will engage with financial news stories from the Financial Times or Bloomberg Professional Service and apply your learning from the module to them and learn how to utilise the Newcastle Business School Trading Room. This module will introduce you to academic literature surrounding corporate finance and help you develop an awareness of contemporary financial issues, enabling you to build your finance awareness and curiosity.

Course info

UCAS Code N775

Credits 20

Level of Study Undergraduate

Mode of Study 1 year full-time followed by a further 3 years full-time study or 4 years with a placement (sandwich)/study abroad

Department Newcastle Business School

Location City Campus, Northumbria University

City Newcastle

Start September 2022 or September 2023

Fee Information

Module Information

All information on this course page is accurate at the time of viewing.

Our Campus based courses starting in 2022 and 2023 will be delivered on-campus with supporting online learning content. We continue to monitor government and local authority guidance in relation to Covid-19 and we are ready and able to adjust the delivery of our education accordingly to ensure the health and safety of our students and staff.

On-campus contact time is subject to increase or decrease in line with any additional restrictions, which may be imposed by the Government or the University in the interest of maintaining the health and safety and wellbeing of students, staff, and visitors. This could potentially mean increased or fully online delivery, should such restrictions on in-person contact time be required.

 

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