APPROVED

In the meeting of the department of Commerce

Minutes No 10; 11.06.2015.
Head of the department R.Zvirgzdia
SCHOOL OF BUSINESS ADMINISTRATION TURIBA
professional master study programme
Tourism Strategic Management
STUDY COURSE DESCRIPTION
Title of the study course
Code of the course
Field of science
Credits
ECTS
Total number of hours
Study form
Self-dependent studies
Lectures
Seminars, practical classes or
laboratory work

full time
-

Financial Management
EKO1016M
Economic
4
6
160
evening part time
e-studies
124
148
160
18
6
18
6

EQF
Preliminary knowledge

7
Accounting, economics, math

AUTHOR OF COURSE
Name
Vita

Family name
Zarina

StartUP
-

Position, degree
Dr.oec., prof.

AIM OF STUDY COURSE

To provide conviction on necessity of prognostication and planning in enterprise
TASKS
-

to provide students with knowledge on functions, authority and responsibility of financial

manager,
to develop skills of money planning by enterprise,
to give definitions on current assets and working capital,
to provide students with knowledge on securities portfolio definition,
to give knowledge on calculations, evaluations of investment projects and conditions of
crediting by commercial banks

EXPECTED RESULTS
Knowledge
to give the knowledge of accounting and financial management of the organization. To give
knowledge of the financial manager functions.

Skills
to give a possibilities to acquire the skills to analyze the organization financial situation, evaluate
the company's financial operational efficiency, to draw up a department's budget and other plans.
The student is capable of evaluating the enterprise investment and choose the most appropriate
their attachment type.
Competencies
Ability to apply theoretical and practical knowledge, skills in financial management and
accounting.
To develop a positive attitude to the organization's accounting records and the need to analyze,
evaluate the organization's financial management processes. Build a sense of responsibility for
the financial management results.
Content of the Course of Studies
1.
2.
3.
4.

Financial and management accounting

Assets and liabilities, income and expenses
Finance, their management: content, aims, planning and control instruments.
Financial analysis: Structure of assets and liabilities, sources of financing. Types and
coefficients of analysis of financial reports.
5. Structuring and instruments of current assets, their management.
6. Prognostication, planning and control of finance. Stability of enterprise finance.
7. Budget definition, forms and planning.
8. Financing concept and attraction conditions of credit. Bank credit forms. Forms of
especial financing.
9. Cost calculation. Profits and losses threshold.
10. Investment definition, division and policy. Investment planning and evaluation.
Learning methods
Contact lessons (the number is fixed in the plan of studies) and independent studies of the
student. At least 1/3 of the total number of academic hours is practical training
SELF-STUDIES
Self-dependent studies is a compulsory part of a higher education institution. It is students selfdependent work during the study course, the scope of which corresponds to the amount of credits
(ECTS) to be acquired during the course. Self-dependent studies comprise: studying of
compulsory and additional literature and sources, doing regular tests, preparing for lectures,
seminars, tests, final tests and examinations, and performing other tasks in accordance with the
course description.
Requairements for getting credits
Test works 3
Examination

60%
40%

FORMS OF CONTROL
Presentations, tests, self studies and exam
LANGUAGE OF THE COURSE
English
METHODOCAL PROVISION OF COURSE
Duplicate materials and recourses of Turibas library
LITERATURE
1.

2.
3.

4.
5.
6.
7.
8.

Brealey Richard A. Principles of Corporate Finance / Richard A. Brealey, Stewart

C. Myers. - 7th ed. - Boston ... [etc.] : Mcgraw-Hill : Irwin, 2008. - XXV, 1071 p. :
tab., diagr. - (McGraw-Hill/Irwin series in Finance, Insurance, and Real Estate). Includes bibliographical references and index. - CD "Student CD-ROM for use with
"Principles of Corporate Finance" ". ISBN 0072467665 ISBN 0071151443
Hawawini G., Viallet C. Finance for executives USA South-Western Cengage
Learning, 2011. 641 p.
Brigham Eugene F. Intermediate financial management / Eugene F.Brigham,
Phillip R.Daves. - 8th edition (international student edition). - [United States] :
Thomson South-Western, 2004. - 1038 p. : tab., diagr., il. - Indexes: p. [1013]1038. - Added CD. ISBN 0324282850
Brigham Eugene F. Fundamentals of financial management : international student
edition / Eugene F.Brigham, Joel F.Houston. - 10th edition. - USA : Thomson :
South-Western, 2004. - CD. - ISBN 0324178298. - 831, [66] p. : il.
Naidu B. Inteligent Investing Dublin: Original Writing Ltd. 2010. 348 p.
INTERNATIONAL FINANCE AND ACCOUNTING HANDBOOK / EDIT. FREDERICK D.S.
CHOI. - 3RD EDIT. - NEW YORK : JOHN WILEY & SONS, 2008 : TAB. - INCLUDES
INDEX. ISBN 0-471-22921-0
FLOWER JOHN. GLOBAL FINANCIAL REPORTING / JOHN FLOWER, GABI EBBERS. [NEW YORK] : PALGRAVE, 2006. - XXVII, 677 P. : TAB. - BIBLIOGR.: P. 669. INDEX: P. 671-677. ISBN 0-333-79477-X
. :
/ , . . ;
. :
, 1998. 238 .( LAS1).

Internet resors
1.
EBSCOhost
http://support.ebscohost.com
/knowledge_base/detail.php?id=3955&t=h
2.
EMERALD
http://info.emeraldemeraldinsight.com/about/contact.htm?PHPESSID=
crejvr034ms787olds

Evaluation criteria
Rating
(Points)
10
brilliant

9
excelent

Criteria
Is the acquired knowledge and skills at a level that is able to perceive the
content of teaching, memorize, reproduce, use of the form in a similar
situation, and the ability to independently use the acquisition of new
knowledge and creative challenges.
reported excellent knowledge and skills to fully comply with the program,
able to solve relevant problems, justify and explane logically.

8
very well

Wery well presented knowledge and skills to meet the agreed upon program,
knows how to use the knowledge and skills of the model, analogy or in a
familiar situation, the standard and combined training tasks.

7
well

Well-presented knowledge and skills broadly in line with the agreed upon
program, curriculum on core issues is a personal attitude more than the
analytical detection level.

6
Almost well

Almost well-presented knowledge and skills broadly in line with the agreed
upon program, however, detected in the theoretical knowledge and lack of
skills and challenges in the analysis
Reported satisfactory knowledge and skills generally meets in special, but
found significant gaps in the theory of meaning, lack of knowledge and
skills in solving practical example, results in justification.
Almost average reported knowledge and skills meet the minimum
requirements of the study program level, identified the lack of theoretical
knowledge and practical skills in solving practical example, lack the skills
to determine causation.

5
satisfactory
4
Almoust
average
3
poorly

Poorly presented knowledge and skills are insufficient, they give a partial
program in the lack of theoretical base, support of their ability, academic
content can only be perceived and identified, but memorizes and reproduces
an insufficient amount of content to be acquired (less than 50%), the
primitive tasks only after sample of well-known situation, without errors the
only part of the task.

2
Very poorly

Very poorly presented a superficial knowledge about the issues, a lack of

theoretical basis, the ability to perform practical tasks, personal attitude can
make an occasional or have no opinion.

1
Extremely
poor

extremely poor are not recorded in the knowledge of the program matters,
not the ability to build a theoretical answer.