Financial Management for Organizations

This course aims to provide students with a general and structured vision of business activity, providing the basic knowledge and tools to understand, analyze and evaluate decisions related to the field of economic and financial management of the company. This involves, on the one hand, the use of financial information as a basis for the valuation, planning and control of decision making, and on the other hand, the study of the appropriate methods for the analysis and evaluation of investment projects and financing operations. The subject focuses on the application of information and communication technologies (ICT) to business projects, either as a support to business processes or as generators of such processes themselves.

To provide the student with the basic knowledge and tools to be able to understand, value and participate in investment and financing decisions, both for the company and for individuals. In other words, to enable the student to answer questions such as: How much to invest, in which assets should he/she invest, how to raise funds, and what is the profitability of a business project?
2. To provide the necessary knowledge for the use of accounting information as a basis for planning and control. To teach what an accounting management software environment would look like.
3. To familiarize the student with the appropriate methods (evaluation criteria, computer applications, bibliographic material, etc.) for financial decision making.
4. To train the student in the fundamentals of finance at the level required to face the contents of the related subjects of the higher courses.
5. To facilitate the student's understanding of the process of creating a company, the generation of ideas and business feasibility analysis (technical, economic and financial).

Chapter 1. Introduction to economic and entrepreneurial activity.
Chapter 2. Business creation: from idea generation to business plan.
Chapter 3. Financial information as a basis for decision making.
Chapter 4. Interpretation and analysis of financial information.
Chapter 5. Fundamentals of financial valuation
Chapter 6. Investment analysis: Project evaluation and selection
Chapter 7. Sources of financing in the company
Chapter 8. Financial Ecosystem of technological start-ups

The material provided in the virtual campus is considered sufficient for the development and preparation of the course. Therefore, the bibliography that follows is complementary.

ARCHEL DOMENCH, P. LIZARRAGA DALLO, F Y SÁNCHEZ ALEGRÍA,S (2018): Estados contables. Elaboración, análisis e interpretación. Ed. Pirámide. 6th Ed.
CASTRO ABANCÉNS, I. (2015). “Creación de empresas para emprendedores”. Ed. Pirámide. 2nd Ed.
GÓMEZ GRAS, J.M., et al (2012). “Manual de casos sobre creación de empresas en España”. Ed. McGraw- Hill.
FERNÁNDEZ FERNÁNDEZ, L. (coord); FERNÁNDEZ LÓPEZ, S. y RODRÍGUEZ SANDIÁS, La. (2007): La práctica de las finanzas de empresa, Delta Publicaciones, Madrid.
LARRÁN JORGE, M . (2009): "Fundamentos de contabilidad financiera. Teoría y práctica". Ediciones Piramide.
RODRÍGUEZ SANDIÁS, A. (2013): “Modelos de análisis y valoración de proyectos de inversión”. Andavira editora.
RODRÍGUEZ SANDIÁS, A. (2018): “Fundamentos de Cálculo Financiero con Excel”. Apuntes del GI VALFINAP de la USC.
PARTAL UREÑA, A. et al (2020): “Introducción a las finanzas empresariales” (3rd Ed.). Ediciones Pirámide.

- Specific competences:
CB.6.- Adequate knowledge of the company concept. Organization and management of companies. Ability to understand and analyze the basic economic-financial information of a company. Project evaluation and financing.

- General competences:
CG9.- Capacity for organization and planning in the field of the company and in other institutions and organizations.
CG.11.- Knowledge, understanding and ability to apply the necessary legislation in the exercise of the profession of Industrial Technical Engineer.

- Transversal competences:
CT.2 Ability to organize and plan.
CT.4 Skills for the use and development of computer applications.
CT.5 Ability to manage information
CT.7 Decision-making
CT.9 Working in an interdisciplinary team CT.10 Relationship skills
CT.10 Interpersonal relationship skills CT.11 Ability to communicate with experts
CT.11 Ability to communicate with experts from other areas CT.12 Adaptation to new situations
CT.12 Adaptation to new situations
CT.18 Leadership
CT.20 Initiative and entrepreneurial spirit

- Expository classes.
- To offer the student, at the beginning of each topic, an overview of its contents and the objectives to be covered, as well as the knowledge from which it starts.
- To describe the framework and the theoretical concepts necessary for the development of the practical activities to be carried out in the seminar and laboratory classes (exercises and cases in the computer classroom).
- Specify the basic bibliography for the follow-up of the subject and other recommended bibliography for its study.
- To propose complementary activities, for example, the reading of news related to the subject or the visit to certain pages Web, so that the student verifies that the concepts that are given have an absolute correspondence with the reality.

- Seminar classes: They will try to be integrated in the normal course of the expository classes, to reinforce the learning of the theoretical aspects treated and to give them content.

- Laboratory classes: They will be taught in a computer classroom, with the objective of applying the knowledge acquired in the lecture and interactive classrooms.

CAMPUS VIRTUAL: The course has a virtual campus, where you can access all the materials for the preparation of the contents.

MS TEAMS: Likewise, the MS Teams platform could be used for the telematic questions.

SOFTWARE: Microsoft Excel spreadsheet (version 365) will be used throughout the course.

a. CONTINUOUS EVALUATION: 50% of the final grade. This includes practical activities that will be carried out throughout the course, such as proposed exercises, group work, etc. All these activities will be announced, in advance, in the classroom and the virtual campus. In addition, the active participation of the students in the classroom is valued. A multiple-choice test on the main concepts of each subject will be given the week after the end of the course.
All continuous assessment tests will be administered during class time, and retakes or changes will not be permitted. For these situations, Article 1 on assessment systems will be followed.

b. FINAL EVALUATION: 50% of the final grade. Final exam of the topics worked on in the course. It will be carried out by means of a test, composed of a theoretical part (short answer questions, true or false, or multiple choice questions) and a practical part (exercises).

In order to pass the subject, a minimum of 40% of the maximum score must be obtained in the exam (for example, over a total mark of 5 the minimun will be 2 points). If this minimum is not exceeded, the grade of the continuous assessment part will not be added and the final grade will be that of the exam. However, the continuous evaluation grade will be maintained for the second opportunity.

Regarding point 1 of the Regulations on class attendance in official USC undergraduate and master's programs, it should be noted that class attendance will not be assessed.

The evaluation system is the same for all students, regardless of whether they repeat the course or not.

For cases of fraudulent completion of exercises or tests, the regulations for evaluating the academic performance of students and review of qualifications will be applied.

Classroom hours:

Lectures: 15.0 h
Interactive classes 15,0 h
Interactive laboratory classes 20,0 h
Tutorials 1,0 h
Exam and revision 5.0 h
Total 51.0 hours of face-to-face work in the classroom

Hours of student work:

Lectures: 15.0 h
Interactive classes 15.0 h
Interactive laboratory classes 20.0 h
Tutorials 1.0 h
Individualized tutorials 3,0 h
Exam and revision 28.0 h
Total 82.0 hours of personal work by the student

- Attendance to the expository and interactive classes (seminar and laboratory) and the realization of the exercises proposed in them.
- Use of the bibliography recommended in the classroom for the preparation of the topics, which facilitates the obtaining of a global vision of the contents.
- Keeping the contents up to date, due to the sequential nature of the concepts taught in the subject.
- To become familiar with the Windows Excel spreadsheet.
- To get used to the handling and reading of the financial press, since the topics will be accompanied by the classroom discussion of real cases related to the different subjects.
- For tutorials, as well as to maintain direct communication both among the students themselves and between them and the professor, the virtual campus forum, MS TEAMS or e-mail will be used.

Classes are developed in Galician and Spanish languagues

The use of the virtual campus is recommended, since it will be the focus of all the activities that will be carried out in the subject, as well as the MS teams if will be necessary for questions.