Postgraduate Course: Financial Analysis (CMSE11108)
Course Outline
| School | Business School |
College | College of Humanities and Social Science |
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Availability | Available to all students |
| SCQF Credits | 15 |
ECTS Credits | 7.5 |
| Summary | The course is concerned with introducing students to the practice and theory of financial statement analysis. The course itself brings together elements of financial accounting and financial ratio analysis; corporate strategy analysis, market and industry analysis and techniques of equity valuation to enable students to understand how individual businesses function within the constrained market environment. The course has a significant practical element and students spend a lot of time working as part of a team to assess the performance and prospects of several listed companies. |
| Course description |
Aims, Nature, Context
A practice oriented course, to enable students to critically analyse the performance, prospects and valuation of a corporate business entity.
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
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Co-requisites | |
| Prohibited Combinations | |
Other requirements | For Business School PG students only, or by special permission of the School. Please contact the course secretary. |
Information for Visiting Students
| Pre-requisites | None |
| High Demand Course? |
Yes |
Course Delivery Information
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| Academic year 2017/18, Available to all students (SV1)
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Quota: None |
| Course Start |
Semester 2 |
Timetable |
Timetable |
| Learning and Teaching activities (Further Info) |
Total Hours:
150
(
Lecture Hours 20,
Feedback/Feedforward Hours 1,
Formative Assessment Hours 2,
Summative Assessment Hours 2,
Revision Session Hours 2,
Programme Level Learning and Teaching Hours 3,
Directed Learning and Independent Learning Hours
120 )
|
| Additional Information (Learning and Teaching) |
Self Study 53 hrs, Assignment Preparation 67hrs
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| Assessment (Further Info) |
Written Exam
70 %,
Coursework
0 %,
Practical Exam
30 %
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| Additional Information (Assessment) |
Group Presentation: 10%
Group Report: 20%
Written Examination: 70%
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| Feedback |
Informal feedback
Students are encouraged to ask questions both during lectures or during office hours - this enables students to test their own understanding of concepts and techniques.
Formal feedback
Students receive formal feedback in the following circumstances:
Presentation 1 (practice)
Each group receives10-15 minutes of verbal feedback specific to their presentation.
The class gets verbal and written generic feedback on the general issues that arose from the presentations.
Presentation 2 (practice)
Each group receives10-15 minutes of verbal feedback specific to their presentation.
The class gets verbal and written generic feedback on the general issues that arose from the presentations.
Presentation 3 (assessed)
Each group receives feedback as required immediately after presentation (primarily to provide direction for writing the group report)
Report
Each group receives written feedback on the group report.
Examination
Each examinee will have some feedback comments annotated on the exam script
A generic written feedback is also provided
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| Exam Information |
| Exam Diet |
Paper Name |
Hours & Minutes |
|
| Main Exam Diet S2 (April/May) | Financial Analysis | 2:00 | |
Learning Outcomes
On completion of this course, the student will be able to:
- Have a critical understanding of accounting ratio analysis
- Understand the relationship between corporate strategy and corporate performance
- Be able to undertake a financial analysis of a corporate body
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Reading List
Krishna Palepu, Paul Healey and Erik Peek, Business Analysis and Valuation IFRS Edition, CENGAGE Learning, 3rd Edition, 2013.
Background reading strongly recommended:
John Kay, The Long and the Short of it, The Erasmus Press, 2009.
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Additional Information
| Graduate Attributes and Skills |
For those that choose to fully engage with the conceptual underpinning of this course they will find the course offers both significant challenge at both the intellectual and practical levels.
The course requires students to extract and construct information from several different analysis tasks and then to synthesise a coherent and sound narrative all of which helps to develop improved cognitive, communication and group-work skills. However, the work load on individuals is significant and all students must be able to work autonomously on the group-assigned tasks.
The various analysis tasks requires students to undertake significant critical and logical (inductive logic) analysis. Students will construct computerised valuation and accounting models and will develop their IT and their numeracy skills. Working in groups fosters communication and management skills.
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| Keywords | MGMT-FA |
Contacts
| Course organiser | Mr Tom Brown
Tel: (0131 6)50 8333
Email: |
Course secretary | Mr Peter Newcombe
Tel: (0131 6)51 3013
Email: |
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