Financial Management

• Module Synopsis

This module introduces us students to the principles and practices of financial management for a business. It emphasized the core concepts from the point of view of a business manager trying to maximize the value of his or her firm. To that end, the topics covered include understanding financial reports, financial forecasting, capital structure and financing options, capital budgeting and managing working capital. In addition, the course stresses that important business decisions require inputs from all departments in a firm and are not the exclusive domain of the finance professional. Furthermore, stress is made that when striving to maximize the firms's value, managers have a responsibility to behave within ethical constraints.

• Module Teaching Objectives

After completing this module, I have now understand how to:

1. Understand the core principles and practices of financial management in maximizing the value of a firm.
2. Appraise capital investment proposals using various methods of capital budgeting.
3. Forecast and manage the cash flows of a business.

• Assignment

This module has only one assignment. The assignment given by our lecturer requires us to form a group of 7 members whereby a report has to be prepared on the analysis of the annual reports of Sycal Ventures Bhd. After conclusion to the report, all of the groups formed were asked to present on the findings that we have obtained. This assignment is designed to enable us to improve our analytical and interpretation skills and also trains us to analyse and understand annual reports accurately and efficiently.

• Reflection

In this module, we get to have a better understanding on the core principles and practices of financial management which is the efforts in maximizing the value of the firm. We are able to project the financial situation for the coming years by preparing pro forma cash budget, pro forma income statement and pro forma balance sheet. This subject has helped enhance our financial managing skills and also help acquire a more accurate and result.