Study program "Business Administration" APPROVED

By the Study Council

November 13, 2019

STUDY COURSE DESCRIPTION

Corporate Financial Management

Author/s of the course:

Dr.oec. Professor Vita Zariņa
Credit points (Latvian): ECTS credits:
4 6
Final evaluation form:
Examination
Study course prerequisites:
-
Study course aim:
To provide students with the necessary knowledge, skills and competence acquisition in the field of
financial management of companies
Study course learning outcomes (knowledge, skills, competences):

1. Able to use information from financial reports

2. Able to analyze companies’ financial information for use in decision-making
3. Able to use financial planning data for operational and strategic planning
4. Able to present their views with supporting information (arguments)

The required study course content to achieve the learning outcomes (Study course thematic
plan):
1. The financial statements (balance sheet, profit or loss statement, cash flow), the information
contained therein
2. Financial ratios, solvency forecasting methods
3. Working capital management
4. Long-term capital management
5. Operational and strategic financial planning

Study course calendar plan:

In view of the study group’s/students' needs, interests, previous knowledge and the level of understanding, the plan can be adjusted in
terms of the number of contact hours and the thematic sequence.

Lecture contact hours (including seminars, discussions)

No. Topic Part-time studies with e-
Full-time studies Part-time studies
learning elements*

1. 6
The financial statements (balance
sheet, profit or loss statement, cash
flow), the information contained
therein
2. Financial ratios, solvency forecasting 14
methods
3. Working capital management 8

4. Long-term capital management 6

5. Operational and strategic financial 14

planning
Total: 48

Independent work description:

Study form Type of independent work Form of control
Business operation evaluation of a specific company, by Presentation
calculating financial ratios and explaining them
2 quizzes

Seminar
Mandatory reading and/or audio and video material for
Full-time
listening/ watching brief description:
studies
Study three sources from the mandatory list of sources, 3 and 6
from the further reading list

Independently read the material on strategic financial planning

Structure of the study course:

Contact hours
Consultations, Mandatory
reading and/or
Lecture contact guest lectures, Independent Total
Final evaluation Total audio and video
Study form hours (including conferences, work (number
material
hours of
(exam, test, of hours) the course
seminars, field trips, watching/
defense)
discussions) business games, listening
etc.

Full-time 52 8 4 64 64 32 160

Part-time

Part-time
studies with e-
learning
elements

Evaluation of the study course learning outcomes:

The final evaluation of the course for full-time students consists of a successfully passed 2 quizzes,
participation in the seminar and a successfully passed exam. The final score consists of: 40% evaluation
of quizzes, 20% participation in the seminar; 40% the exam evaluation.
Evaluation criteria
Evaluation Minimum level Intermediate level High level Excellent level
No. Learning outcome:
method/s (from 40% to (from 65% to (from 85% to (from 95% to
64%) 84%) 94%) 100%)
1. Able to use information Quiz Know the Know the types Know the types Know the
from financial reports types of of financial of financial types of
financial statements, statements, financial
statements their their statements,
and their key components components their
components and and components
interconnection interconnection and
s s, understand interconnectio
how to use ns, able to use
information in information in
decision-making decision-
making

2. Able to analyze Quiz Know the Know the main Know the most Know the
companies’ financial main types of types of types of the most types of
information for use in financial ratios financial ratios financial ratios the financial
decision-making and able to and able to acquired during ratios
calculate them calculate them the course, able acquired
and explain the to calculate during the
result them and course, able to
calculate them
and explain
 explain the the result, the
result impact on the
company’s
operation as a
whole

3. Able to use financial Presentation Know the Able to prepare Able to prepare Able to
planning data for main financial the main the main prepare the
operational and Discussion
planning components of components of main
strategic planning documents the financial the financial components
plan, plan, of the
understand the understand the financial plan,
flow of flow of understand
information in information in the flow of
them them, and how information in
to use in them, able to
decision making use in decision
making

4. Able to present their Presentation Prepared and Prepared and Well prepared Well-argued
views with supporting presented the presented and presented and well
information financial plan, financial plan, financial plan, supported
(arguments) able to tell able to tell able to tell financial plan
about the about the about the presentation,
calculations conducted conducted freely able to
made, able to research and research and talk about the
answer at calculations, calculations, research
least on key able to answer provide good carried out
questions the majority of answers to the and
questions questions calculations,
provide
exhaustive
answers to
the questions

Literature and other sources of information:

Mandatory literature and information sources

1. Shefrin H. (2017). Behavioral corporate finance. McGraw-Hill Education

2. Semjonova N. (2013). Komercdarbības finansēšanas aprēķini :mācību līdzeklis. RTU

Izdevniecība
3. Terence C.M.(2018). Corporate Finance. Routledge, London and New York

4. Drury C.(2018). Management and Cost Accounting. Cengage

5. Atrill P. (2017). Financial Management for Decision Makers. Pearson

Further reading
1. Bittlestone R. (2010). Financial management for business :cracking the hidden
code. Cambridge University Press.

2. Zariņa V.,Strēle I.(2009). Finanšu plānošana uzņēmumā. Lietišķās informācijas dienests

3. Jones C. (2010). Investments :principles and concepts. Wiley, Hoboken, N.J.

4. Kurjanovičs V. (2010). Biznesa novērtējums :metodika un organizācija. Merkūrijs Info

5. Arnold G. (2008). Corporate financial management. Financial Times Prentice Hall

6. Pelšs A. (2004). Izmaksu analīze lēmumu pieņemšanai. LU akadēmiskais apgāds