Home/ Majors directory/Management/Financial Management
Financial Management
Major: Management
Code of subject: 7.073.00.O.005
Credits: 4.00
Department: Management and International Business
Lecturer: Dc. Sc. in Economics, Prof. Viktoriya Kharchuk
Semester: 1 семестр
Mode of study: денна
Завдання: The study of an educational discipline involves the formation of competencies in students of education:
Integral competence:
The ability to solve complex tasks and problems in the field of management or in the learning process, which involve conducting research and/or implementing innovations under uncertain conditions and requirements;
general:
ZK1. Ability to conduct research at the appropriate level;
ZK3. Skills in using information and communication technologies;
ZK7. Ability to abstract thinking, analysis and synthesis;
professional:
CK1. Ability to choose and use management concepts, methods and tools, including in accordance with defined goals and international standards;
SK2. Ability to establish values, vision, mission, goals and criteria by which the organization determines further directions of development, develop and implement appropriate strategies and plans;
SK4. Ability to effectively use and develop the organization's resources;
SK5. Ability to create and organize effective communications in the management process;
SK7. Ability to develop projects, manage them, show initiative and entrepreneurship;
SK8. Ability to use psychological technologies for working with personnel;
SK9. Ability to analyze and structure organizational problems, make effective management decisions and ensure their implementation;
FSK1. In-depth knowledge of the classical and modern theoretical-methodological and methodological-applied basis of managing the activities of domestic and international business structures;
FSK1.2. Plan financial results and results of innovative activities according to modern methods, taking into account industry, regional, corporate features and forecasts;
FSK2. In-depth knowledge of domestic and international regulatory and legal support for the activities of business structures of various types and profiles;
FCS1. The ability to demonstrate in-depth knowledge and understanding of classical and modern theoretical-methodological, methodological-applied and normative-legal framework for managing a wide range of operations, forms and types of foreign economic activity;
FCS2. The ability to plan, organize, control and regulate foreign economic activity at all levels of the economy, to use classic and innovative mechanisms for motivating personnel in the field of foreign economic activity.
FSK5. Ability to demonstrate in-depth knowledge in the field of tax administration in business structures;
FSK6. Ability to demonstrate knowledge of global market conditions, management of competitiveness of business structures in the modern economic environment;
FSK9. The ability to integrate and apply the acquired theoretical knowledge in practice to solve managerial tasks in the field of business administration.
FSK10. Ability to use modern software and information and communication support in the field of business administration management;
FCS2.1.1. The ability to forecast the level of the organization's economic indicators, to implement intra-company forecasting technologies for planning the organization's potential, its marketing, sales, and budgets.
Learning outcomes: ЗН1. Specialized conceptual knowledge acquired in the course of study and/or professional activity at the level of the latest achievements, which is the basis for original thinking and innovative activity, in particular in the context of research work;
ПРН1. Critically consider, choose and use the necessary scientific, methodical and analytical tools for management in unpredictable conditions;
ПРН3. To design effective management systems of organizations;
ПРН5. Plan the activities of the organization in strategic and tactical sections;
ПРН8. Apply specialized software and information systems to solve organizational management problems;
ПРН12. Be able to delegate authority and management of the organization (subdivision);
ПРН13. Be able to plan and carry out informational, methodical, material, financial and personnel support of the organization (subdivision);
ПРНС2.1 Demonstrate in-depth knowledge and understanding of classical and modern approaches to the management of organizations and administration (by types of economic activity), principles, laws, technology, methods of management of organizations, the process of making managerial decisions, leadership and management styles, features of conflict resolution in the process solving tasks of professional activity;
ПРНС2.2. The ability to use professionally profiled knowledge and practical skills in management, marketing, finance, logistics, economics for effective management of business entities in the conditions of a market economy;
УМ11. To ensure personal professional development and planning of own time.
KOM1. Conveying to specialists and non-specialists information, ideas, problems, solutions and own experience in the field of professional activity;
KOM2. Ability to effectively form a communication strategy;
AiB1. Management of complex actions or projects, responsibility for decision-making in unpredictable conditions;
AiB2. Responsibility for the professional development of individuals and/or groups of individuals, the ability to further study with a high level of autonomy.
Required prior and related subjects: Previous: Management.
Alongside: Strategic Management, Project management
Summary of the subject: Course «Financial Management» is based on the fundamental concepts and results of modern theoretical and applied research in the field of financial management, namely the importance of financial management, legal and tax environment of financial management, evaluation of financial statement of the company, determining the value of debt securities risk planning and profitability of enterprises, working capital management, cash management and liquid securities, short-term financing, analysis of efficiency of investment companies.
Опис: The academic discipline "Financial Management" is based on the fundamental postulates and results of modern theoretical and applied research in the field of financial management, namely: the essence and features of financial management, the legal and tax environment of financial management, assessing the financial condition of the company, determining the value of debt securities, evaluating riskiness of financial decisions and profitability planning of enterprises, analysis and optimization of the organization's capital structure.
Assessment methods and criteria: Assessment of the student's knowledge is carried out in the following areas: the presence of specific skills, their depth, stability and flexibility; the degree of mastery of the main provisions of the discipline and their creative application when solving situational problems and cases.
Semester control is conducted in the form of an exam. Evaluation methods: selective oral survey; preparation of presentations, reports; answers for the admission and defense of laboratory work, assessment of activity, submitted proposals, original decisions, clarifications and definitions, etc.).
Критерії оцінювання результатів навчання: • for performance and defense of laboratory work (LR) (LR#1 – 7 points, LR#2 – 10 points, LR#3 – 8 points) – 25 points;
• implementation of business cases, and participation in discussions - 5 points. Total for current control - 30 points.
• written component of the exam - 50 points, oral component of the exam - 20 points. Total for the final control (exam) - 70 points. Final semester assessment Exam (70 points), current control (30 points), total 100 points.
• The final semester grade on a 100-point scale is converted into a state grade according to the system adopted at the University:
• 88-100 points – "excellent";
• 71-87 points – "good";
• 50-70 points – "satisfactory";
• 0-49 points – "not satisfactory".
Порядок та критерії виставляння балів та оцінок: 100–88 points – (“excellent”) awarded for a high level of knowledge (some inaccuracies are allowed) of the educational material of the component, the ability to analyze the phenomena being studied in their relationship and development, clearly, succinctly, logically, consistently answer the questions questions, the ability to apply theoretical provisions when solving practical problems; 87–71 points – (“good”) is awarded for a generally correct understanding of the educational material of the component, reasoned answers to the questions that may contain certain (insignificant) shortcomings, the ability to apply theoretical provisions when solving practical tasks; 70 – 50 points – (“satisfactory”) is given for insufficient knowledge of the component’s educational material, inaccurate or poorly reasoned answers, violation of the sequence of presentation of thoughts, incorrect application of theoretical provisions when solving practical tasks; 00-49 points – ("unsatisfactory") is awarded for ignorance of the main fundamental provisions of the educational material of the component, significant errors in answering questions, inability to apply theoretical provisions when solving practical tasks.
Recommended books: 1. Kharchuk V. Financial Management/ Kharchuk V. Lecture notes for students specialty 073 ”Management” (in English) on masters level, 2019.
2. Financial management. Віртуальне навчальне середовище Національного університету «Львівська політехніка» [Електронний ресурс]. – Режим доступу: http://vns.lp.edu.ua/ course/view.php?id=14895.
3. Фінансовий менеджмент: [методичні вказівки до виконання лабораторних робіт з курсу «Фінансовий менеджмент» для магістрів спеціальності 073 «Менеджмент» усіх форм навчання] /Харчук В.Ю.– Львів: – Самвидав, 2020.
4. Фінансовий менеджмент: [методичні вказівки до виконання самостійної та контрольних робіт з курсу «Фінансовий менеджмент» для магістрів спеціальності 073 «Менеджмент» усіх форм навчання] /Харчук В.Ю.– Львів: – Самвидав, 2020.
5. Харчук, В.Ю., 2021. Формування та використання систем гармонійного розвитку в умовах глобалізації бізнесу: теоретико-концептуальні засади та інструментарій моделювання. Львів: Видавництво Львівської політехніки.
6. Shpak, N., Novakivskyi, I., Kulyniak, I., Kharchuk, V., Oleksiv, I. Modeling the development of the tourism in-dustry using the Koba-Douglas function for intelligent management systems. CEUR Workshop Proceedings. – 2023. – Vol. 3426: Modern machine learning technologies and data science workshop: proceedings of the 5th International workshop (MoMLeT&DS 2023), Lviv, Ukraine, June 3, 2023. – P. 308–321.
7. Kharchuk, V., Oleksiv, I. The intellectual structure of sustainable leadership studies: bibliometric analysis. Lecture Notes on Data Engineering and Communications Technologies. – 2023. – Vol. 158: Advances in intelligent systems, computer science and digital economics IV. – P. 430–442.
8. Харчук В.Ю., Вірун А.В. Problems of export of Ukrainian domestic agricultural products in the conditions of war. The 21th International scientific and practical conference “Scientists and methods of using modern technologies” (May 30 – June 02, 2023) Melbourne, Australia. International Science Group. 2023, p. 48-50.
9. Харчук В.Ю. Лема Г.В., Лісович Т.Ю. Розвиток бізнес моделі гармонійного розвитку «Канвас». Наука і техніка сьогодні (Серія «Педагогіка», Серія «Право», Серія «Економіка», Серія «Техніка», Серія «Фізико-математичні науки»). – 2022. – № 12 (12). – С. 71–86.
10. Харчук В.Ю. Система показників оцінювання гармонійного розвитку підприємств в умовах глобалізації бізнесу. Менеджмент та підприємництво в Україні: етапи становлення і про-блеми розвитку. – 2021. – Вип. 3, № 1. – С. 59–81.
11. Block, Stanley B., Hirt, Geoffrey A. Foundations of Financial Management. Irwin, McGraw-Hill, Inc. 2019.
12. Brealey, Richard A., Myers Stewart C. Principles of Corporate Finance. – McGraw-Hill, Inc. 2018.
13. Brigham, Eugene F., Kahl, Alfred L., Rentz, William F. Canadian Financial Management – Holt, Rinehart and Winston of Canada, Limited. 2018.
Уніфікований додаток: Lviv Polytechnic National University ensures the realization of the right of persons with disabilities to obtain higher education. Inclusive educational services are provided by the Service of accessibility to learning opportunities "Without restrictions", the purpose of which is to provide permanent individual support for the educational process of students with disabilities and chronic diseases. An important tool for the implementation of the inclusive educational policy at the University is the Program for improving the qualifications of scientific and pedagogical workers and teaching and support staff in the field of social inclusion and inclusive education. Contact at the address: str. Karpinsky, 2/4, 1st floor, room 112
E-mail: nolimits@lpnu.ua
Websites: https://lpnu.ua/nolimits https://lpnu.ua/integration
Академічна доброчесність: The policy regarding the academic integrity of participants in the educational process is formed on the basis of compliance with the principles of academic integrity, taking into account the norms "Regulations on academic integrity at the Lviv Polytechnic National University" (approved by the academic council of the university on June 20, 2017, protocol No. 35).