Guía Docente 2019-20
FINANZAS AVANZADAS II. CONTROL FINANCIERO

BASIC DETAILS:

Subject: FINANZAS AVANZADAS II. CONTROL FINANCIERO
Id.: 30592
Programme: GRADUADO EN ADMINISTRACIÓN Y DIRECCIÓN DE EMPRESAS (BOE 26/11/2010)
Module: FINANZAS AVANZADAS
Subject type: OPTATIVA
Year: 3 Teaching period: Segundo Cuatrimestre
Credits: 6 Total hours: 150
Classroom activities: 60 Individual study: 90
Main teaching language: Inglés Secondary teaching language: Castellano
Lecturer: Email:

PRESENTATION:

The course "Control Financiero" has as main purpose the analysis of business and business valuation. Using both theoretical and practical components, this course starts with a brief introduction to financial valuation and its main components, but also deals with the study of the standards of value, and the theory of financial and operational measures and the quantitative and qualitative research techniques.

To carry out the development of the stages of financial valuation, the course provides the knowledge, skills and ability to analyze the valuation techniques and the Balanced scorecard.

PROFESSIONAL COMPETENCES ACQUIRED IN THE SUBJECT:

General programme competences G01 Ability to analyse and summarise information from several sources.
G02 Creative and efficient resolution of problems that arise in day-to-day, in order to ensure the highest levels of quality of professional work.
G03 Ability to organise and plan the work in the context of continuous improvement
G04 Use of information and communication technologies
G09 Oral and written communication in English in academic and professional contexts.
G10 Ability to apply the acquired knowledge, adapting it to the needs and special features of each situation and person.
G12 Ability to incorporate scientific research and evidence-based practice as a professional culture, updating knowledge and skills continuously.
G13 Ability to develop learning strategies throughout life to be able to acquire new knowledge, by developing their own academic and professional path.
G14 Oral and written communication in native language and in English, according to the needs of their field of study and the demands of their academic and professional environment.
Specific programme competences E01 Understand the specific aspects of the operation, management and control of the different functional areas of the company.
E03 Ability to apply the acquired knowledge of the functional areas of the company and the socio-economic environment.
E04 Ability to identify related variables and understand their impact on business organisations.
E06 Understand the processes related to professional activity in the field of auditing (internal and external) of the organisations.
E07 Ability to design tax and accounting consultancy and advisory plans.
E09 Appreciate how the domestic and international financial markets operate.
E10 Understand financial operations taking place in business environments, designing and analysing investment and financing strategies.
E15 Propose, plan and lead business innovation projects that ensure the competitiveness of the company.
Learning outcomes R1 Be capable of managing the key tools in internal control in various business processes.
R2 Know how to choose the best financial strategy for the company and the most suitable for business to develop sources of funding.
R3 Learn how to use, adapting to the current market circumstances, the various existing assessment methods.

PRE-REQUISITES:

 It is highly advisable to have attended the subjects "Matemáticas de las operaciones financieras", "Estadística" and "Dirección Financiera I"

SUBJECT PROGRAMME:

Subject contents:

1 - Introduction
    1.1 - Preliminary issues
    1.2 - Elements of control and management of the company
    1.3 - Planning Systems
    1.4 - Legal aspects
2 - Valuation of companies.
    2.1 - Elements
    2.2 - Methods
    2.3 - Company and market strategies
    2.4 - Balanced scorecard
3 - Budgetary control I
    3.1 - Budget planning
    3.2 - Budget preparation
    3.3 - Sales and distribution expenditure
4 - Budgetary control II
    4.1 - Manufacturing and Procurement
    4.2 - Treasury
    4.3 - Strategic costs
    4.4 - Control by indicators.
5 - Financial control I
    5.1 - Investments
    5.2 - Expenses
    5.3 - Profits
    5.4 - Transfer pricing.
6 - Financial Control II
    6.1 - Quantitative and qualitative research techniques
    6.2 - Legal aspects
7 - Business evaluation
    7.1 - Reports
    7.2 - Company audits
    7.3 - Legal issues

Subject planning could be modified due unforeseen circumstances (group performance, availability of resources, changes to academic calendar etc.) and should not, therefore, be considered to be definitive.


TEACHING AND LEARNING METHODOLOGIES AND ACTIVITIES:

Teaching and learning methodologies and activities applied:

The main methodologies used in this course will be:

- Theoretical presentation of the main aspects of the subject. These explanations will be accompanied by practical exercises to reinforce the knowledge. In any case, the active participation of students will always be encouraged.

- A case that students will have to solve in groups. The teacher will give all the necessary explanations to realize this work during the course.

- Presentation of these cases in class. Students must present these cases in class to their counterparts if so required by the teacher, being able to answer their questions.

- Tutorials

 

Student work load:

Teaching mode Teaching methods Estimated hours
Classroom activities
Master classes 24
Practical exercises 8
Practical work, exercises, problem-solving etc. 10
Debates 6
Workshops 7
Other practical activities 2
Assessment activities 3
Individual study
Tutorials 4
Individual study 27
Individual coursework preparation 14
Group cousework preparation 15
Project work 7
Research work 5
Recommended reading 12
Other individual study activities 6
Total hours: 150

ASSESSMENT SCHEME:

Calculation of final mark:

Individual coursework: 5 %
Group coursework: 5 %
Final exam: 50 %
Written test: 40 %
TOTAL 100 %

*Las observaciones específicas sobre el sistema de evaluación serán comunicadas por escrito a los alumnos al inicio de la materia.

BIBLIOGRAPHY AND DOCUMENTATION:

Basic bibliography:

Hitchner, J. Financial valuation. Applications and models. Ed. Wiley. 2011

Recommended bibliography:

BREALEY, R. Fundamentos de Finanzas Corporativas. McGraw Hill. 2007
BRUN, X. Matemática financiera y estadística básica: cálculos financieros y conocimientosestadísticos. Ed. Bresca. 2008
KAPLAN, R; NORTON, D. Como utilizar el cuadro de mando integral. (2ª ED.). Ediciones Gestión 2000.
MARTÍN FERNANDEZ, M. y MARTÍNEZ SOLANO, P. Casos prácticos de dirección financiera.Madrid: Pirámide, 2000.

Recommended websites:

Banco de España www.bde.es
Banco Mundial econ.worldbank.org
Instituto nacional de estadística www.ine.es
Eurostat http://ec.europa.eu/eurostat
Comisión Nacional del Mercado de Valores www.cnmv.es


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