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Financial Management

Code: 101200
Credits: 6
2026/2027
Degree programme Type Course
Tourism OB 3

Contact lecturer

Name :
Jordi Rizo Gubianas
Email :
jordi.rizo@uab.cat

Teaching staff

Antonio Vila Fernandez Santacruz

Group languages

You can consult this information at the end of the document.

Prerequisites

The subject Financial Management is a compulsory subject that transmits the basic concepts related to the management of a business in the tourism industry and the connection with the financial world. Financial Management wants to give the essential tools to the student for her/him to make business decisions in a rational way.

Behind the course of Financial Management, there is the study of the accounting information provided by the company in order to use this information in the most efficient way possible, to obtain information that allows us to comment and understand the management and current situation of the business.

 

The study of this subject involves:

a) Understanding of accounting framework

b) Know the differences between the different funding sources

c) Evaluate the possibility of making a new investment

 

To facilitate the learning process, it is convenient for the student to know the information provided by the Financial Statements; the balance sheet, the profit and loss account and the statement of cash flows. It is necessary to have completed the accounting course.

The main objective of the subject is for the student to learn about the main techniques used in order to make informed decisions about new investments and their financing.

Objectives

At the end of the course, the student will be able to:

a) Know about useful financial information in order to make management decisions regarding Business and new investments (Analyze the main financial statements, Balance Sheet, Profit and Loss and Statement of cash flow.

b) Evaluate if an investment is financially feasible or not.

c) Understand the different from of funding for a company or new investment

Learning outcomes

  1. Apply the concepts of financial, accounting and resources management with regard to the tourism product and business, in the different parts of the sector.
  2. Identify the information provided by the financial statements and determine the economic and financial situation of a business.
  3. Evaluate investment projects.
  4. Issue technical accounting reports on a company's financial situation, suggesting solutions to problems and ways to improve.
  5. Identify a business's financial options in the short and long term.
  6. Develop a capacity for independent learning.
  7. Use communication techniques at all levels.
  8. Work in a team.

Contents

First Part: Analysis of accounting information


Topic 1. The company and the financial director


Topic 2. Accounting and finance


Topic 3. Analysis of the Financial Statements of the Company: Balance Sheet, Profit and Loos and Statement of Cash flows.


 


Second Part: Techniques to analyze the viability of new investments


Topic 4. The value of money over time


Topic 5. The net present value (NPV) and the internal rate of return (IRR)


Topic 6. Sources of financing: definition and classification, short and long term, external and internal

Learning activities and methodology

Title Hours ECTS Learning outcomes
Case Study presentation 4 0.16 2, 4, 7, 8
In class practical cases 10 0.4 2, 4, 7, 8
Individual Study 24 0.96 1, 2, 3, 4, 5, 6
Case Studies 30 1.2 1, 2, 3, 4, 5, 6, 8
Face to Face Tutoring 18 0.72 2, 4
Resolution practical cases 12 0.48 1, 2, 3, 4, 5, 6
Theorical Clases 40 1.6 1, 2, 5

Language of the course: Spanish (Tourism Degree), English (Tourism Degree in English).

 

The teaching methodology used in this subject Financial Management:

 

Theoretical part

The teaching methodology used involves face-to-face classes and high student participation. Through the lectures, the teacher will introduce and define the concepts and techniques of the subject. Students will have the basic contents of the subject through the Virtual Campus (Moodle).

 

The student must also consult the chapters of the recommended bibliography associated with each chapter and their contributions, doubts and reflections during the class will be assessed.

 

Practical part

The practical part of the subject will be developed by performing practical exercises either in the classroom or in the computer room that will have to be solved as a group

 

The proposed teaching methodology may undergo some modifications according to the restrictions imposed by the health authorities on on-campus courses.

Annotation: within the schedule set by the centre or degree programme, 15 minutes of one class will be reserved for students to evaluate their lecturers and their courses or modules through questionnaires.

Assessment

Continuous assessment activities

Title Weight Hours ECTS Learning outcomes
Practical cases and others 15% 4 0.16 1, 2, 3, 4, 5, 6, 7, 8
1st exam (theory and practical) 30% 2 0.08 1, 2, 3, 4, 5
2nd exam (theory and practical) 30% 2 0.08 1, 2, 3, 4, 5
Case Studies 25% 4 0.16 1, 2, 3, 4, 5, 6, 7, 8

A) CONTINUOUS EVALUATION:

1-Exams (60%)

There will be two individual written tests on the contents discussed in class and the readings made by the students, which will count as 60% of the final grade (30% each). Each test will be done at the end of each part as stated in content section.

These tests are intended to assess the theoretical and practical knowledge of the contents of the subject.

2-Case Studies (40%)

a) The work will be done in groups (minimum 3 maximum 5 people).

It will consist of the economic and financial analysis of Financial Statements of a real company in the tourism sector.

The last week of the course will be the presentations of each group. The case study will be 25% of the final grade.

The grade obtained is the same for all the members of the group that have participated in the activity.

b) Transversal case

This case will be done together with Marketing Management and Strategic Management

The course is approved with a final grade of 5 in continuous evaluation.

Important Information

In order to be PASS the continuous evaluation and be EXCUSED from the FINAL exam the Student must have an average minimum of:

- Exams -minimum of 5 in total.

If the average result of the exams is approved (minimum of 5) by continuous Assessment, the student does not have to take the FINAL exam according to the officialexam calendar. And the following:

-Case Study and Transversal Case – minimum of 5

However, the student who fails a part or both parties canbe examined from the suspended part or from the whole subject in the FINAL exam of the month according to the official exam calendar.

B) UNIQUE EVALUATION - FINAL EXAM

Students, who have not passed the subject by continuous evaluation or have not followed it, can take the FINAL exam.

C) RECOVERY- RE TAKE EXAM

Only those students who in the FINAL evaluation have obtained a grade equal to or higher than 3.5, but less than 5 will be able to access the recovery. If student pass the retake exam, the maximum grade to apply will be five.

The proposed evaluation activities may undergo some changes according to the restrictions imposed by the health authorities on on-campus courses.

The grade for the subject will be NOT EVALUABLE when the student attends less than half of the assessment activities and/or does not attend the final exam.


Thissubject entirely prohibits the use of AI technologies in all its activities. Any submitted work that contains content generated using AI will be considered academic dishonesty; the corresponding grade will be awarded a zero, withoutthe possibility of reassessment. In cases of greater infringement, more serious action may be taken.


In the event of a student committing any irregularity that may lead to a significant variation in the grade awarded to an assessment activity, the student will be given a zero for this activity, regardless of any disciplinary process that may take place. In the event of several irregularities in assessment activities of the same subject, the student will be given a zero as the final grade for this subject.

Bibliography

BIBLIOGRAPHY

 Subramanyam, K.R. (2013), \"financial Statement Analysis \". Irwin Accounting

Walker, J. (2009): Accounting in a nutshell. Edició 3rd ed. Electronic resource from \"Biblioteca de Ciències Socials. UAB\". 

Arenas, P.; Moreno, A. (2008): Introducción a la auditoría financiera. Ed. McGraw-Hill Wild, J; Subramanyam, K.; Halsey, R. (2007): Análisis de estados financieros. 9ª ed. Ed. McGraw-Hill. 

 

 Supplementary bibliography

Brealey, R; Myers, S.; Marcus, A. (2007): Principles of corporate finance. Mc Graw Hill.

Amat, O. (2008). Análisis de estados financieros. Barcelona: Ediciones Gestión 2000.

Brealey, R., S.C.Myers y F.Allen (2010). Principios de finanzas corporativas. 9ª edición. Madrid: McGraw-Hill (En inglés hay disponible la 10ª edición: Principles of Corporate Financio, McGraw-Hill, 2010).

Garrido, P.; Iñiguez, R. (2010): Análisis de estados contables. Elaboración e interpretación de la información financiera. Ediciones Pirámide.

Medina Hernández, Uno. (2010): Gestión Financiera de actividades turísticas. 1ªedición. Ediciones Pirámide.

Parra López, E. y Calero García, FJ. (2006): Gestión y Dirección de Empresas Turísticas. 1ªedición. Madrid: McGraw-Hill.

Ross, S.A., R.W.Westerfield y J.Jaffe (2010).Moderno Financial Management. 9ª edición. Nueva York: McGraw-Hill. (Edición en castellano: Finanzas corporativas, 9ª edición. México DF: McGraw-Hill, 2010)

Gómez Valls, Francesc. Aplicación en Excel para la elaboración de estados de flujos de efectivo. Editorial Profit.

Tinard, Y (1996): “Turismo: Economía y Gestión”. Ed. Bosch. Barcelona.

 

Webs 

 

Instituto de Contabilidad y Auditoría de Cuentas (ICAC). http://www.icac.meh.es 

Banco de España. http://www.bde.es 

Banc Central Europeu. http://www.ecb.int 

Borsa de Madrid. http://www.bolsamadrid.es

Comisión Nacional del Mercado de Valores. http://www.cnmv.es

Guía Empresarial de Esade. http://www.guiame.net 

Consell General de Cambres de Catalunya. http://www.cambrescat.es 

Informe Anual de l'Empresa Catalana. http://www.gencat.net/economia/progecon/ecocat/inform.htm 

Registro de Economistas Auditores. http://www.rea.es 

Registre Mercantil. http://www.registradores.org 

Instituto Censores Jurados de Cuentas de España. http://www.icjce.es 

 

Software

Sabi

Excel

Course groups and languages

The information provided is provisional until November 30. After this date, you will be able to consult the language of each group through this link. To access the information, you will need to enter the course CODE

Type of teaching Group Language Semester Shift
(TE) Theory 1 Spanish second semester morning-mixed
(TE) Theory 2 English second semester morning-mixed