Universitat Internacional de Catalunya

Financial Management

Financial Management
Second semester
Accounting and Financial
Main language of instruction: Spanish

Other languages of instruction: Catalan, English,

Teaching staff

Ms. ISAC VEGA, Joan - jisac@uic.es

After class, by appointment with the teacher.


The subject Financial Management deals with the interrelationship between a company's financing policy and investment decisions in the short term.

Pre-course requirements

There is none.


Students learn the basics of business finance, with a special focus on the analysis and interpretation of financial statements, working capital management (the day-to-day financial management of the company) and the making and handling of financial projections. 


  • 04 - To understand and know how to use financial terms within a business framework.
  • 05 - To understand the functions of corporate finance departments.
  • 13 - To be familiar with and understand the terms and processes of company management.
  • 15 - To acquire a solid knowledge of the main taxation models at a state, regional and local level.
  • 31 - To develop the ability to identify and interpret numerical data.
  • 34 - To develop the ability to predict situations and anticipate events, as well as be able to recognise and interpret an economic situation within a specific context.

Learning outcomes

At the end of the course, the student will be able to interpret and handle the different financial tools necessary for correct decision making in business management.


Introduction to finance. Basic concepts.

i. Basic concepts.

ii. Balance sheet and income statement.

iii. Operational and structural finance.


1. Financial analysis and diagnosis

i. Financial ratios.

ii. EOAF.

iii. Working capital.

iv. Operating cash requirements.

v. Basic models: growth, seasonality, negative FM.

2. Financial planning and forecasting

i. Income statement forecasting.

ii. Forecast of other liability items.

iii. Forecast of asset items.

iv. Cash flow forecast.

3. Financial asset management

i. Customer management.

ii. Inventory management.

iii. Cash management.

4. Management of short-term negotiated sources of funds.

i. Supplier management.

ii. Other spontaneous sources of funds.

iii. Cost of supplier credit.

iv. Other resources: confirming.

v. Choice criteria. The profitability approach.

Teaching and learning activities

In person

The course will alternate theoretical sessions with practical classes in which the knowledge acquired will be applied to real cases.

Evaluation systems and criteria

In person

- Class attendance and participation: 5 %.
- Practical exercises: 20 %.
- Partial exam: 25 %.
- Final exam: 50 %.

Bibliography and resources

-          AMAT, O. Análisis económico-financiero. Barcelona: Gestión 2000, 1993.

-          AMAT, O. Análisis de estados financieros. Fundamentos y aplicaciones. Barcelona: Gestión 2000, 1996.

-          AMAT, O. Supuestos de análisis de estados financieros. Barcelona: Gestión 2000, 1996.

-          BREALEY, R.; MYERS, S. Fundamentos de financiación empresarial. Madrid: McGraw-Hill, 1993.

-          FAUS, J.; TAPIES, J. Finanzas operativas. Barcelona: IESE.

-          FERNÁNDEZ, A. J. Introducción a las finanzas. Madrid: Civitas, 1994.

-          FERNÁNDEZ BLANCO, M. Dirección financiera de la empresa. Madrid: Pirámide, 1991.

-          HAMPTON, J. J.; WAGNER, E. L. Working Capital Management. Nova York: Wiley, 1989.

-          LUMBY, S. Investment Appraisal and Financing Decisions. Londres: Chapman-Hall, 1994.

-          MASSONS, J. Finanzas. Diagnóstico y planificación a corto plazo. Barcelona: Hispano Europea, 1991.

-          SUÁREZ, A. S. Decisiones óptimas de inversión y financiación en la empresa. Madrid: Pirámide, 1991.

-          WESTON, J. F.; COPELAND, T. E. Finanzas en administración. Mèxic: McGraw-Hill, 1995. BORRELL, M.; CRESPI, R. Direcció financera de l'empresa. Barcelona: Ariel, 1993.

-          BREALEY, R.; MYERS, S. Fundamentos de financiación empresarial. Madrid: McGraw-Hill, 1988.

-          FERNÁNDEZ BLANCO, M. Dirección financiera de la empresa. Madrid: Pirámide, 1991.

-          FERNÁNDEZ, A. I.; GARCÍA, M. Las decisiones financieras de la empresa. Barcelona: Ariel, 1992.

-          LEVY, H.; SARNAT, M. Capital Investment and Financial Decisions. Englewood Cliffs: Prentice-Hall, 1990.

-          SUÁREZ, A. S. Decisiones óptimas de inversión y financiación de la empresa. Madrid: Pirámide, 1990.Textos Complementaris

-          ROSS, S. A.; WESTERFIELD, R. W.; JAFFE, J. F. Corporate Finance. Homewood, R.D.: Irwin, 1990.

-          SHAPIRO, A. C. Modern Corporate Finance. Nova York: Macmillan, 1991.