Curricular Unit:			Code:
Financial Management II			987GF2
Year:	Level:	Course:	Credits:
2	Undergraduate	Business Sciences	8 ects
Learning Period:		Language of Instruction:	Total Hours:
Spring Semester		Portuguese/English	104
Learning Outcomes of the Curricular Unit:
To understand and apply practical skills and methods in financial management, particularly those concerning financial planning, corporate financing and dividend policy. Skills: Within Portuguese accounting plan and rules (i) to recognize the importance of financial planning and to build projected financial statements; (ii) to characterize different sources of funding (equity and debt) and to apply finance mathematics methods to debt payment; (iii) to understand the impact of dividend policy in firms’ value, and the main reasons which justify a given dividend policy (iv) problem solving; appli
Syllabus:
Financial planning and projected financial statements: cash budget, financial budget, projected balance sheet, projected profits and losses statement. Corporate funding: equity and debt. Dividend policy.
Demonstration of the Syllabus Coherence with the Curricular Unit's Objectives:
Part I. Allows to understand and apply practical skills and methods in financial planning by (i) presenting the objectives and principles of financial planning; (ii) articulating different budgets for sales, production, supply, industrial and non-industrial costs, investments and financing, to prepare annual financial statements. Part II. Allows to understand and apply practical skills and methods in corporate funding by (i) distinguishing between equity and debt; (ii) identifying and characterizing different forms of financing; (iii) presenting concepts of financial mathematics that allows selecting the most advantageous financing source. Part III: Allows to understand concepts of dividend distribution by (i) presenting an approach to maximizing the firm’s value as a reference of financial decision making; (ii) analysing of the impact of the distribution of dividends in the amount of companies; (iii) presenting the main types of dividend policies, its determinants and implications.
Teaching Methodologies (Including Evaluation):
2 exams (50% each in final grade)
Demonstration of the Coherence between the Teaching Methodologies and the Learning Outcomes:
The combination of theoretical presentations and problem solving tasks enables students to acquire specific theoretic knowledge in financial management as well as to practice its application to specific case-scenarios.
Reading:
Bastos, César (2018). Finanças Empresariais - Teoria e prática, 2/ed. Lisboa, Edições Sílabo. Matias, R. (2015). Cálculo Financeiro, Teoria e Prática, 5ª edição. Lisboa, Escolar Editora. Mota, A., Barroso, C. Nunes, J., Oliveira, L., Ferreira, M. e Inácio, P. (2015). Finanças da Empresa – Teoria e Prática, 5ª Edição. Lisboa, Edições Sílabo. Nabais, C. e Nabais, F. (2011). Prática Financeira II – Gestão Financeira - 4ª Edição Actualizada e Aumentada. Lisboa, Lidel. Santos, L. e Laureano, R. (2006). Fundamentos e Aplicações do Cálculo Financeiro, 2ª Edição. Lisboa, Edições Sílabo.