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 |
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 |
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 |
Planning |
Methodologies / tests |
Competencies / Results |
Teaching hours (in-person & virtual) |
Student’s personal work hours |
Total hours |
Guest lecture / keynote speech |
A10 B4 C5 C2 |
13 |
13 |
26 |
Directed discussion |
B1 B2 B3 C2 |
13 |
26 |
39 |
Problem solving |
A10 B2 B3 B4 B5 B8 B9 C2 C9 |
26 |
52 |
78 |
Supervised projects |
A10 B2 B3 B4 B5 B8 B9 C2 C8 C9 |
8 |
40 |
48 |
Online forum |
B2 B4 C2 C8 |
0 |
3 |
3 |
Objective test |
A10 B1 B2 B3 B4 B8 B9 C9 C2 |
4 |
20 |
24 |
|
Personalized attention |
|
7 |
0 |
7 |
|
(*)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. In special occasions, guest lectures provided by experts of the subject |
Directed discussion |
Active participation in discussions by preparing carefully the assigned material |
Problem solving |
To solve, present and discuss the assigned exercises and problems, applying knowledge gained from guest lecture/keynote speech and directed discussion. Work developed during ordinary class hours or student’s personal work hours, working together in a group or individually. |
Supervised projects |
Supervised learning process aimed at helping students to work together in a group in a range of contexts (academic and/or professional and/or COIL - Collaborative Online International Learning) and encouraging students to become responsible for their own learning.
|
Online forum |
Online tool to raise questions and clarify doubts concerning the subject |
Objective test |
Partial and final exams covering theory and practice |
Personalized attention |
Methodologies
|
Directed discussion |
|
Description |
ALL THE COMMUNICATION (TUTORIALS, E-MAILS, ETC.) HAS TO BE IN ENGLISH
Personalised attention (individual and in group) will take place through videoconferences in Teams.
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
|
Problem solving |
A10 B2 B3 B4 B5 B8 B9 C2 C9 |
Continuous assessment of the assigned exercises and problems. |
30 |
Supervised projects |
A10 B2 B3 B4 B5 B8 B9 C2 C8 C9 |
Continuous assessment of the assigned projects developed together in a group, that may be presented and debated orally. |
20 |
Objective test |
A10 B1 B2 B3 B4 B8 B9 C9 C2 |
The objective tests assess both theoretical and practical issues. In each test, it is compulsory to obtain a MINIMUM MARK of 4 out of 10 in both parts: finance and accounting. If this requirement is not fulfilled, the registered grade will be the mark of the part that does not surpass the minimum limit of 4 out of 10, 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 25% of the final grade.
At the end of the course, on the date set by the faculty the following exams will take place:
(i) second midterm exam for those students who obtained the required minimum mark in the first midterm exam. It is worth 25% of the final grade.
(ii) global final exam for those students who didn’t obtain the required minimum mark in the first midterm exam and for those students who renounce to the mark obtained in the first midterm exam (they have to notify it in writing before the exam to get authorisation). The global final exam is worth 50% of the final grade.
EVALUATION IN THE JULY OPTION
The final exam will be held on the date set by the faculty. The global final exam is worth 50% of the final grade. |
50 |
|
Assessment comments |
ALL THE COMMUNICATION AND DOCUMENTATION WILL BE IN ENGLISH “Problem solving” and “supervised projects” represent continuous assessment. When continuous assessment is evaluated by means of a single oral exam, this exam may deal with theoretical concepts discussed during the course and every practical issue (including ICT use); student must be able to explain her/his answers. Evaluation in the July option 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 assessment: a) It is compulsory to send an e-mail to the lecturer before the beginning of the July evaluation period. Student will have to renounce to her/his previous continuous assessment and notify it in writing to get authorisation. b) Continuous assessment is evaluated by means of a single oral exam, that will take place on the same date than the final exam corresponding to the July opportunity. Early opportunity Evaluation criteria used in the first option applies also in the early opportunity option. However, continuous assessment is evaluated by means of a single oral exam, that will take place on the same date than the final exam corresponding to the early opportunity. Absent qualification This qualification will be assigned to those students who: a) Did not attend the final exam, or 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. Part-time students with academic dispensation They are required to contact with the lecturers before 30th September. Evaluation criteria used in the first option applies also in this case. However, continuous assessment is evaluated by means of a single oral exam, that will take place on the same date than the final exam corresponding to the first opportunity. At the beginning of the course a specific tutorials calendar will be scheduled. 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. Dishonest behaviour The lecturer may request partial or total oral explanation after the delivery and evaluation of the activities. Fraudulent development of exams or assessment activities will directly imply a zero mark “0” in the corresponding opportunity, whether the offense is committed on the first opportunity or on the second (grade will be modified in the first opportunity record, if necessary).
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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
Robinson, T.R., Henry, E., Broihahn, M.A. (2020). International financial statement analysis. Wiley
Götze, U., Northcott, D, Schuster, P. (2008). Investment appraisal, methods and models. Springer |
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Complementary
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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.
Robinson, T.R., Henry, E., Broihahn, M.A. (2020). International financial statement analysis - Workbook. Wiley
Brealey, R.A., Myers, S.C., Allen, F. (2018). Principles of corporate finance. McGraw Hill 12th ed.
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 |
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Recommendations |
Subjects that it is recommended to have taken before |
Introduction to Fashion Business Management/710G03004 |
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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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