MQM1FM-Financial Management

Module Provider: Business Informatics, Systems and Accounting
Number of credits: 15 [7.5 ECTS credits]
Terms in which taught: Summer term module
Non-modular pre-requisites:
Modules excluded:
Current from: 2020/1

Module Convenor: Prof Liang Han


Type of module:

Summary module description:

This module aims to equip students with relevant accounting and financial management knowledge in decision making, especially for those who have little background in accounting and financial management. The module covers relevant topics in the areas of financial accounting, management accounting and financial management, with a focus on the ability to understand the importance of accounting and financial information in decision making and critical evaluation of the use of relevant information in decision making.


To build on a student’s knowledge of management by examining the role and techniques of accounting and financial management.

Assessable learning outcomes:

By the end of the module is it expected that the student will be able to:


  • Outline the role, nature and objectives of financial accounting, management accounting and financial management.


  • Describe the conceptual framework of financial accounting and explain and demonstrate how it is applied in the presentation and preparation of corporate financial statements.


  • Calculate a range of ratios useful for evaluating enterprise profitability, efficiency, liquidity and related risk and returns to shareholders, and analyse and interpret financial statements using these ratios.


  • Produce solutions to practical management accounting scenarios by applying management accounting concepts and techniques.


  • Explain the nature and importance of capital investment decision-making and apply various techniques of investment appraisal to a range of investment scenarios to make business recommendations thereon.


  • Compare and contrast the main sources of finance available to a business and - assess their costs and benefits to a business.

Additional outcomes:

Structured activities are designed to develop independent learning skills. Students are encouraged to develop additional IT skills by use of relevant web resources and communication techniques, including online resources and relevant softwares to deal with financial management information for decision making purposes.

Outline content:

The key topics of study address the aim of enabling students to develop an appreciation and understanding of:


  • Financial accounting concepts and the presentation of financial statements

  • Analysis and interpretation of financial statements and financial decision making

  • Short-term managerial decision making

  • Managerial planning and control

  • Sources of finance

  • C apital investment decisions

Brief description of teaching and learning methods:

The module is delivered by both workshops (2 days) and online guided sessions (6). Students would be provided learning resources online for the exposition of the major concepts, principles, examples and techniques under consideration. Workshops would be used for interpretation, demonstration, numerical practice/application and discussion.


The contact hours are a guide and the terms taught will vary depending on the start date of the cohort.

Contact hours:
  Autumn Spring Summer
Lectures 10
Practicals classes and workshops 4
Work-based learning 16
Guided independent study:      
    Wider reading (independent) 20
    Wider reading (directed) 20
    Preparation for seminars 16
    Completion of formative assessment tasks 24
    Essay preparation 30
    Reflection 10
Total hours by term 0 0 150
Total hours for module 150

Summative Assessment Methods:
Method Percentage
Project output other than dissertation 100

Summative assessment- Examinations:

Summative assessment- Coursework and in-class tests:

The module is assessed by one individual report which has a word count of 2,500. A -10% to + 20% word count tolerance margin applies . To be submitted once module study is complete.

Formative assessment methods:

One MCQ test would be held online in the middle of the module for the purpose of summarising the key concepts delivered in the first half of the module. The online test is for practice purpose only and the mark would NOT be taken into the final result of the module.

Penalties for late submission:

The below information applies to students on taught programmes except those on Postgraduate Flexible programmes. Penalties for late submission, and the associated procedures, which apply to Postgraduate Flexible programmes are specified in the policy “Penalties for late submission for Postgraduate Flexible programmes”, which can be found here:
The Support Centres will apply the following penalties for work submitted late:

  • where the piece of work is submitted after the original deadline (or any formally agreed extension to the deadline): 10% of the total marks available for that piece of work will be deducted from the mark for each working day (or part thereof) following the deadline up to a total of five working days;
  • where the piece of work is submitted more than five working days after the original deadline (or any formally agreed extension to the deadline): a mark of zero will be recorded.
The University policy statement on penalties for late submission can be found at:
You are strongly advised to ensure that coursework is submitted by the relevant deadline. You should note that it is advisable to submit work in an unfinished state rather than to fail to submit any work.

Assessment requirements for a pass:

The assignment / project / report must achieve a minimum mark of 50% to achieve a pass.

Reassessment arrangements:

Reassessment by 100% assignment (capped at 50%); to be submitted within 6 weeks of notification of module failure, date dependent on cohort entry and to be advised by the Programme Administrator.

Additional Costs (specified where applicable):

Required text books - £60

Calculator £40


The cost of textbooks and study aids for apprentices are met by the University of Reading as per the Education and Skills Funding Agency Regulations.

Last updated: 29 October 2020


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