Study programme competencies |
Code
|
Study programme competences / results
|
A10 |
To acquire the economic-financial fundamentals needed to assess the status of a fashion firm and to adequately manage it from a triple perspective of liquidity, solvency and profitability |
B1 |
That students demonstrate that they acquired and understood knowledge in a study area that originates from general secondary education and that can be found at a level that, though usually supported by advanced textbooks, also includes aspects implying knowledge from the avantgarde of its field of study |
B2 |
That students know how to apply their knowledge to their job or vocation in a professional form, and have the competencies that are usually demonstrated through elaboration and advocacy of arguments and problem resolution within their field of study |
B3 |
That students have the capacity to collect and interpret relevant data (normally within their field of study) in order to issue judgements that include a reflection upon relevant topics in the social, scientific or ethical realm |
B4 |
That students may convey information, ideas, problems and solution to the public, both specialized and not |
B5 |
That students develop those learning skills that are needed to undertake ulterior studies with a high degree of autonomy |
B8 |
Capacity to plan, organize and manage resources and operations |
B9 |
Capacity to analyse, diagnose and take decisions |
C2 |
Mastering oral and written expression in a foreign language. |
C5 |
Understanding the importance of entrepreneurial culture and the useful means for enterprising people. |
C8 |
Valuing the importance of research, innovation and technological development for the socioeconomic and cultural progress of society. |
C9 |
Ability to manage times and resources: developing plans, prioritizing activities, identifying critical points, establishing goals and accomplishing them. |
Learning aims |
Learning outcomes |
Study programme competences / results |
To know accounting and financial terminology |
A10
|
B4
|
|
To know the accounting method and its output: the financial statements
|
A10
|
|
C5
|
To know basics of corporate finance |
A10
|
|
C5
|
To interpret financial information in order to express opinions and make decisions |
A10
|
B1 B2 B3 B4 B9
|
|
To transmit accounting and financial information in a foreign language (spoken and written communication) |
|
B1 B2 B4
|
C2
|
To use basic information and communications technology tools to enable lifelong learning and professional development |
|
|
C5 C8
|
To enhance autonomous learning and problem solving skills |
|
B2 B5 B8 B9
|
C9
|
To work with others in a consultative way |
|
B4 B5 B8
|
C9
|
To act ethically in business |
A10
|
B2 B5
|
C5
|
Contents |
Topic |
Sub-topic |
PART I |
FINANCE |
Basics of financial mathematics |
Time value of money
Financial transactions |
Investment decisions |
Investment projects
Financial appraisal of investment projects |
Financing decisions |
Financing sources
Cost of financing sources |
PART II |
ACCOUNTING |
Business activity and the need for information |
Financial and non-financial information |
Financial accounting |
Financial statements
Accounting records
Accounting cycle |
Financial analysis |
Content of basic financial statements
Liquidity and solvency
Profitability |
Planning |
Methodologies / tests |
Competencies / Results |
Teaching hours (in-person & virtual) |
Student’s personal work hours |
Total hours |
Guest lecture / keynote speech |
A10 B4 C2 |
10 |
10 |
20 |
Directed discussion |
B1 B2 B3 C2 |
14 |
28 |
42 |
Problem solving |
A10 B2 B3 B4 B5 B8 B9 C2 C9 |
14 |
28 |
42 |
ICT practicals |
A10 B2 B3 B4 B5 B8 B9 C2 C8 C9 |
14 |
28 |
42 |
Supervised projects |
A10 B2 B3 B4 B5 B8 B9 C2 C8 C9 |
5 |
30 |
35 |
Online forum |
B2 B4 C2 C8 |
0 |
3 |
3 |
Objective test |
A10 B1 B2 B3 B4 B8 B9 C2 C9 |
4 |
16 |
20 |
Seminar |
B2 C2 C5 |
6 |
6 |
12 |
|
Personalized attention |
|
9 |
0 |
9 |
|
(*)The information in the planning table is for guidance only and does not take into account the heterogeneity of the students. |
Methodologies |
Methodologies |
Description |
Guest lecture / keynote speech |
Presentation of the basic concepts to enable students to solve proposed accounting and financial problems |
Directed discussion |
Active participation in discussions by preparing carefully the assigned material |
Problem solving |
To solve, present and discuss the assigned exercises (teamwork or individual work)
|
ICT practicals |
To solve, present and discuss the assigned exercises (teamwork or individual work), using ICT (spreadsheet and other applications) |
Supervised projects |
To prepare, present and discuss the assigned projects (teamwork)
|
Online forum |
Online tool to raise questions and clarify doubts concerning the subject |
Objective test |
Partial and final exams covering theory and practice |
Seminar |
Conferences and meetings with experts to study and discuss different matters related to the subject |
Personalized attention |
Methodologies
|
Seminar |
Problem solving |
Supervised projects |
Directed discussion |
ICT practicals |
Objective test |
|
Description |
Personalised attention (individual and in group) will take place through videoconferences in Teams.
The supervised projects will require follow-up sessions. The lecturer will schedule the personalised attention to each team in order to assess the work done by the group, as well as each member. The information will be provided during the corresponding term according to the development of the course.
Moreover, the lecturer will be available on tutorials periods to clarify any doubt concerning assigned exercises or projects.
Part-time students with academic dispensation are required to contact with the lecturer before 30th September to settle a specific tutorials calendar. |
|
Assessment |
Methodologies
|
Competencies / Results |
Description
|
Qualification
|
Seminar |
B2 C2 C5 |
Students will have to deliver a test and/or report for each conference and meeting with experts. |
10 |
Problem solving |
A10 B2 B3 B4 B5 B8 B9 C2 C9 |
Students will have to solve, present and discuss the assigned exercises (teamwork or individual work) |
10 |
Supervised projects |
A10 B2 B3 B4 B5 B8 B9 C2 C8 C9 |
Students will have to prepare, present and discuss the assigned projects (teamwork). Assessment will take into account the rigour in the delivery and resolution, the presentation and the answer to the questions raised by the students and the lecturer |
30 |
ICT practicals |
A10 B2 B3 B4 B5 B8 B9 C2 C8 C9 |
Students will have to solve, present and discuss the assigned exercises (teamwork or individual work) using ICT |
10 |
Objective test |
A10 B1 B2 B3 B4 B8 B9 C2 C9 |
he objective tests assess both theoretical and practical issues. In order to get through the subject it is compulsory to obtain a minimum mark of 4 out of 10 in each objective test. If this requirement is not fulfilled, the registered grade will be the mark of the exam that does not surpass the minimum limit, independently of continuous assessment marks.
EVALUATION IN THE FIRST OPTION
The first midterm exam will be held during the first semester (the lecturer will establish the date). It is worth 20% of the final grade. To have the opportunity to attend the second midterm exam, it is compulsory to obtain a minimum mark of 4 out of 10 in the exam.
At the end of the course, on the date set by the faculty the following exams will take place:
a) Second midterm for those students who got through the first midterm exam. It is worth 20% of the final grade. In order to get through the subject, it is compulsory to obtain a minimum mark of 4 out of 10 in the exam.
b) Global final exam for those students that did not get through the first midterm exam and those students that got through the first midterm exam but renounce to the previously obtained mark (they have to notify it in writing before the exam to get authorisation). The global final exam is worth 40% of the final grade. To get through the subject it is compulsory to obtain a minimum mark of 4 out of 10 in the exam.
EVALUATION IN THE JULY OPTION
The final exam will be held on the date set by the faculty. The global final exam is worth 40% of the final grade. To get through the subject it is compulsory to obtain a minimum mark of 4 out of 10 in the exam. |
40 |
|
Assessment comments |
The directed discussion derived from the proposed cases and problems aims to strengthen the understanding of the concepts and techniques studied. In consequence, active participation is highly recommended both during the sessions and conferences/seminars. Part-time students with academic dispensation In compliance with norms, they are required to contact with the lecturer before 30th September. Continuous assessment (60%: Seminar, Problem solving, Supervised projects and ICT practicals) will be assessed by means of a single oral exam. This activity will take place before the final exam. The aforementioned oral exam may deal with the theoretical concepts discussed during the course and every practical issue (including ICT use). The student must be able to explain her/his answers. At the beginning of the course a specific tutorials calendar will be scheduled. Absent qualification This qualification will be assigned to those students who: a) Did not attend the final exam b) Had participated in continuous assessment activities with a weighting lower than 20% of the final qualification, independently of the mark obtained in these activities. Evaluation in the July option The evaluation criteria used in the first option applies also in the July option. If a student intend to participate in a new process of continuous evaluation (60%: Seminar, Problem solving, Supervised projects and ICT practicals): a) It is compulsory to send an e-mail to the lecturer before the beginning of the July evaluation period. The student will have to renounce her/his previous continuous assessment and notify it in writing to get authorisation. b) Continuous assessment (Seminar, Problem solving, Supervised projects and ICT practicals) will be assessed by means of a single oral exam. This activity will take place before the final exam. The aforementioned oral exam may deal with the theoretical concepts discussed during the course and every practical issue (including ICT use). The student must be able to explain her/his answers. For the exams It is forbidden to access the classroom where the exam is held with any machine that allows communication with the outside and/or the saving of information, without the lecturer’s consent.
|
Sources of information |
Basic
|
Sutton, T. (2004). Corporate financial accounting and reporting. Prentice Hall 2nd ed.
Reverte, C. (2014). Exercises of financial accounting. Ecobook
Lozano Gutiérrez, M.C., Ramón Llorens, M. C. (2017). Financial mathematics: fundamental concepts. Universidad Politécnica de Cartagena
Ortega, R. (2017). Fundamentals of financial management. ESIC
Götze, U., Northcott, D, Schuster, P. (2008). Investment appraisal, methods and models. Springer
Schoenmaker, D., Schramade, W. (2019). Principles of sustainable finance. Oxford University Press
Lev, B., Gu, F. (2016). The end of accounting and the path forward for investors and managers. Wiley |
|
Complementary
|
Jones, M.J. (2014). Accounting and finance. Wiley
Watson, D., Head, A. (2016). Corporate finance: principles and practice. Pearson 7th ed.
Phillips, F., Libby, R., Libby, P.A. (2016). Fundamentals of financial accounting. McGraw Hill 5th ed.
Brealey, R.A., Myers, S.C., Allen, F. (2018). Principles of corporate finance. McGraw Hill 12th ed. |
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Recommendations |
Subjects that it is recommended to have taken before |
Introduction to Fashion Business Management/710G03004 |
|
Subjects that are recommended to be taken simultaneously |
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Subjects that continue the syllabus |
Business Simulation Models and Techniques: Business Game/710G03026 | Management Planning and Control in Fashion Companies/710G03022 |
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