Module ASB-4406:
Financial Analysis

Module Facts

Run by Bangor Business School

15 Credits or 7.5 ECTS Credits

Semester 2

Organiser: Prof Lynn Hodgkinson

Overall aims and purpose

To analyse the techniques that are used to evaluate a company's financial position and performance, and develop a critical awareness of the uses of financial data by capital markets for valuation purposes.

Course content

Balance sheet and income statement analysis; Financial ratio analysis and inter-firm comparison; Trend analysis and financial forecasting; Analysis of profitability and growth; The quality of financial statements, and using financial statements in valuation; Cash accounting, accrual accounting and discounted cash flow valuation; Pricing book values and earnings; Assessment of credit and equity risk.

Assessment Criteria

threshold

Displays a basic understanding of the main issues in financial anlysis and investment analysis

good

Displays a sound understanding of interfirm comparison, trend analysis and valuation models, and an ability to write analytically on specific issues.

excellent

Demonstrates a critical approach towards the appreciation of interfirm comparison and trend analysis, and demonstrates the ability to evaluate the implications of valuation models, illustrating arguments through the use of relevant supporting evidence drawn from the established literature.

Learning outcomes

  1. Apply appropriate methodologies in order to produce inter-firm comparisons of performance, and comparisons between the performance of the same firm over time.

  2. Appreciate the uses of financial information by capital markets.

  3. Demonstrate competence for the purposes of equity valuation.

  4. Apply basic and advanced techniques for the purposes of financial forecasting and the assessment of equity and credit risk.

Assessment Methods

Type Name Description Weight
GROUP ASSIGNMENT 25
FINAL EXAM MARK 75

Teaching and Learning Strategy

Hours
 

3 hours of lectures per week and one 2-hour practical session in a computer lab a few weeks into the course.

 
 

Computer workshop;

 
 

Workshops included during some lectures.

 

Courses including this module

Compulsory in courses:

Optional in courses: