Strategic Financial Management

Course Description

The aim of this unit is to develop learners’ understanding of planning and managing the use of an organisation’s financial resources. Learners will understand the importance of attaining business objectives and maximizing shareholder return. Learners will gain a working knowledge of business strategy design and the production of comprehensive business plans.

Course Objectives

The aim of this unit is to develop learners’ understanding of planning and managing the use of an organisation’s financial resources. Learners will understand the importance of attaining business objectives and maximizing shareholder return. Learners will gain a working knowledge of business strategy design and the production of comprehensive business plans.

Key Topics

1. LO1: Understand the significance of strategic management and decision making to the performance of a business organisation.
2. LO2: Understand key financial theories.
3. LO3: Be able to apply stakeholder analysis and corporate valuation techniques.
4. LO4: Understand the role of culture in strategic decision making.
5. LO5: Understand performance measurement systems.

Course Outline

Learning Outcomes

1. LO1 Understand the significance of strategic management and decision making to the performance of a business organisation.
2. 1.1 Apply relevant academic theories to demonstrate an understanding of various internal and external organisational factors.
3. 1.2 Evaluate business resources used to meet organisational objectives.
4. LO2 Understand key financial theories.
5. 2.1 Evaluate key financial theories.
6. 2.2 Assess strategic implementation techniques using balanced scorecard and portfolio management tools.
7. LO3 Be able to apply stakeholder analysis and corporate valuation techniques.
8. 3.1 Analyse the significance of stakeholder analysis.
9. 3.2 Analyse business expansion methods and their impact on stakeholders.
10. 3.3 Apply stakeholder analysis to a named business organisation.
11. 3.4 Prepare return and risk computations.
12. 3.5 Explain the concepts of corporate and business valuation techniques.
13. LO4 Understand the role of culture in strategic decision making.
14. 4.1 Explain the role of culture in creating a strategy.
15. 4.2 Analyse the role of change management.
16. 4.3 Analyse the role and effect of culture on change management.
17. LO5 Understand performance measurement systems.
18. 5.1 Evaluate performance measurement systems.
19. 5.2 Explain financial analysis techniques.
20. 5.3 Apply financial analysis systems and techniques to practical business problems.