Module aim
To enable candidates to recommend relevant options for financing a business, recognise and manage financial risks and make appropriate investment decisions.
On completion of this module, candidates will be able to:
Method of assessment
The Financial Management module is examined using traditional paper based assessments. The paper-based exam is 2.5 hours long.
The exam consists of three or four questions. Where there are three questions, managing financial risk will be assessed as a discrete topic. The other two questions assess financing options and investment decisions and valuation either as discrete or integrated topics. Where there are four questions, three questions follow the same format as a three question paper, plus a fourth question which integrates all three syllabus areas.
Ethics may be tested in any of the questions.
The pass mark of this module is 55%.
Links to other ACA papers
MI prior knowledge is required for FM module.
FM provides the basics to progress to the Advanced level.