1. General information
Course:
BUSINESS INVESTMENT AND FINANCING
Code:
67314
Type:
CORE COURSE
ECTS credits:
9
Degree:
408 - GRADO EN TURISMO
Academic year:
2023-24
Center:
401 - FACULTY OF SOCIAL SCIENCES OF CUENCA
Group(s):
30
Year:
2
Duration:
AN
Main language:
Spanish
Second language:
Use of additional languages:
English Friendly:
Y
Web site:
Bilingual:
N
2. Pre-Requisites
There are no established prerequisite. However, it is advisable to have knowledge of mathematics, basic elements of matrix algebra, calculus and statistics, and economics.
Spreadsheet knowledge.
Basic knowledge of English language.
3. Justification in the curriculum, relation to other subjects and to the profession
This subject is part of module 2 "Business", subject 3 "Accounting, Taxation and Finance" of the study plan of the Degree in Tourism.
The fundamental objective of this subject is to provide students with the basic knowledge related to the analysis and selection of investment projects, and the management of portfolios made up of financial assets, whether large portfolios such as those of credit institutions, funds investment funds, pension funds, etc., such as those of small investors. Within the scope of portfolio theory, the functioning of stock markets, the concepts of risk and return, diversification, study of the main valuation models of financial assets and measures of efficiency in portfolio management are analyzed, as well as as the different definitions of market efficiency.
From an analytical approach, it is intended that the student acquire sufficient knowledge to address and raise those problems that in practice can be raised by a financial director and a portfolio manager of a company. The concepts that are developed in this subject are important for the financial management of both companies, especially credit institutions, and public and private entities, and are basic for one of the most attractive financial operations: investment in the stock markets. . On the other hand, the elements that are introduced are fundamental for the analysis of investments and the compression of elementary financial products, both for savings and investment.
4. Degree competences achieved in this course
| Course competences | |
|---|---|
| Code | Description |
| CB01 | Prove that they have acquired and understood knowledge in a subject area that derives from general secondary education and is appropriate to a level based on advanced course books, and includes updated and cutting-edge aspects of their field of knowledge. |
| CB02 | Apply their knowledge to their job or vocation in a professional manner and show that they have the competences to construct and justify arguments and solve problems within their subject area. |
| CB03 | Be able to gather and process relevant information (usually within their subject area) to give opinions, including reflections on relevant social, scientific or ethical issues. |
| CB04 | Transmit information, ideas, problems and solutions for both specialist and non-specialist audiences. |
| CB05 | Have developed the necessary learning abilities to carry on studying autonomously |
| CE04 | Identify an empirical problem and turn it into an object of study and analysis and develop specific conclusions in the tourism context. |
| CE07 | Discriminate tourism potentials and prospectively analyze their exploitation. |
| CE08 | Critical analysis of the economic and financial information of tourism organizations. |
| CE09 | Understanding of economic and financial resources in the tourism context. |
| CE11 | Understanding the management of diverse tourism organizations. |
| CE12 | Understanding of the legal framework that regulates tourism activities. |
| CE17 | Knowledge of the operating procedures of the diverse sub-sectors of tourism |
| CG01 | Ability to work in disciplinary and multidisciplinary teams, in a national and international context, in the area of Tourism. |
| CG03 | Knowledge and sensitivity to cultural diversity and environmental issues in the area of tourism. |
| CG05 | Information management skills in tourism. |
| CG07 | Capacity for continuous, self-directed and autonomous learning in tourism. |
| CT01 | Knowledge of ICT as tools in the management, promotion and marketing of companies and institutions in the tourism industry, both internally and externally. |
| CT02 | Oral and written communication skills. |
| CT03 | Knowledge of ethical commitment and professional deontology. |
5. Objectives or Learning Outcomes
| Course learning outcomes | |
|---|---|
| Description | |
| Apply the theories and approaches of economic analysis to explain the behavior of economic agents. | |
| Search, analysis, interpretation, synthesis and transmission of information. | |
| Knowledge of the exchange of economic resources between individuals, companies and financial institutions, which involves the analysis of investment and financing decisions in the company, portfolio theory, asset valuation and the functioning of financial markets. | |
| Additional outcomes | |
| Not established. |
6. Units / Contents
-
Unit 1: Financial objective of the company
-
Unit 2: Financial management of the tourism market
-
Unit 3: Valuation models and investment selection
-
Unit 4: Financial evaluation of tourism projects
-
Unit 5: Market efficiency. The tourist market.
7. Activities, Units/Modules and Methodology
| Training Activity | Methodology | Related Competences (only degrees before RD 822/2021) | ECTS | Hours | As | Com | Description | |
| Class Attendance (theory) [ON-SITE] | Combination of methods | CB01 CB02 CB03 CB04 CB05 CE04 CE07 CE08 CE09 CE11 CE12 CE17 CG01 CG03 CG05 CG07 CT01 CT02 CT03 | 2 | 50 | N | N | ||
| Class Attendance (practical) [ON-SITE] | Combination of methods | CB01 CB02 CB03 CB04 CB05 CE04 CE07 CE08 CE09 CE11 CE12 CE17 CG01 CG03 CG05 CG07 CT01 CT02 CT03 | 0.2 | 5 | N | N | ||
| Problem solving and/or case studies [ON-SITE] | Combination of methods | CB01 CB02 CB03 CB04 CB05 CE04 CE07 CE08 CE09 CE11 CE12 CE17 CG01 CG03 CG05 CG07 CT01 CT02 CT03 | 0.4 | 10 | Y | N | ||
| Problem solving and/or case studies [ON-SITE] | Combination of methods | CB01 CB02 CB03 CB04 CB05 CE04 CE07 CE08 CE09 CE11 CE12 CE17 CG01 CG03 CG05 CG07 CT01 CT02 CT03 | 0.4 | 10 | Y | N | ||
| Writing of reports or projects [OFF-SITE] | Combination of methods | CB01 CB02 CB03 CB04 CB05 CE04 CE07 CE08 CE09 CE11 CE12 CE17 CG01 CG03 CG05 CG07 CT01 CT02 CT03 | 0.4 | 10 | Y | N | ||
| Study and Exam Preparation [OFF-SITE] | Self-study | CB01 CB02 CB03 CB04 CB05 CE04 CE07 CE08 CE09 CE11 CE12 CE17 CG01 CG03 CG05 CG07 CT01 CT02 CT03 | 4.3 | 107.5 | N | N | ||
| Progress test [ON-SITE] | Assessment tests | CB01 CB02 CB03 CB04 CB05 CE04 CE07 CE08 CE09 CE11 CE12 CE17 CG01 CG03 CG05 CG07 CT01 CT02 CT03 | 0.1 | 2.5 | Y | N | ||
| Final test [ON-SITE] | Assessment tests | CB01 CB02 CB03 CB04 CB05 CE04 CE07 CE08 CE09 CE11 CE12 CE17 CG01 CG03 CG05 CG07 CT01 CT02 CT03 | 0.1 | 2.5 | Y | Y | ||
| Other off-site activity [OFF-SITE] | Practical or hands-on activities | CB01 CB02 CB03 CB04 CB05 CE04 CE07 CE08 CE09 CE11 CE12 CE17 CG01 CG03 CG05 CG07 CT01 CT02 CT03 | 1.1 | 27.5 | Y | N | ||
| Total: | 9 | 225 | ||||||
| Total credits of in-class work: 3.2 | Total class time hours: 80 | |||||||
| Total credits of out of class work: 5.8 | Total hours of out of class work: 145 | |||||||
As: Assessable training activity Com: Training activity of compulsory overcoming (It will be essential to overcome both continuous and non-continuous assessment).
8. Evaluation criteria and Grading System
| Evaluation System | Continuous assessment | Non-continuous evaluation * | Description |
| Test | 30.00% | 30.00% | First progress test / partial exam |
| Final test | 40.00% | 70.00% | Second progress test / partial exam |
| Other methods of assessment | 30.00% | 0.00% | Continous evaluation |
| Total: | 100.00% | 100.00% |
According to art. 4 of the UCLM Student Evaluation Regulations, it must be provided to students who cannot regularly attend face-to-face training activities the passing of the subject, having the right (art. 12.2) to be globally graded, in 2 annual calls per subject , an ordinary and an extraordinary one (evaluating 100% of the competences).
Evaluation criteria for the final exam:
-
Continuous assessment:1.- Periodic evaluation of exercises
2.- Evaluation through two objective tests (one in January and the other in May-June) in which the student demonstrates their understanding of theoretical concepts and the ability to analyze and solve practical problems.
2.1.- The first objective test (partial exam in January) removes content from approved students
2.2.- For those students who have passed the first objective test, the second objective test (May-June) will deal with the contents not included in the first partial.
2.3.- For those students who have not passed the first objective test, the second objective test (May-June) will deal with the contents of the entire subject (final exam).
**The course follows an evaluation system based on the assessment of various training activities and an exam. The student is required to obtain a 4 (out of 10) in the final evaluation test to average the grade obtained in the rest of the proposed training activities. Those students who, even having carried out evaluable activities, wish to be evaluated with the non-continuous evaluation criteria must notify the teacher before the end of the class period.
Regarding assessment in case of illness or other special circumstances (mitigating rules), see article 7 of the Student Assessment Regulations of the University of Castilla-La Mancha. -
Non-continuous evaluation:Those students who opt for non-continuous assessment must communicate this before the exam period begins and following the mechanism established by the teaching staff at the beginning of the course.
1.- Evaluation through two objective tests (one in January and another in May-June) in which the student demonstrates their understanding of theoretical concepts and the ability to analyze and solve practical problems.
2.- The first objective test (partial exam in January) removes content from approved students.
3.- For those students who have passed the first objective test, the second objective test (May-June) will deal with the contents not included in the first partial.
4.- For those students who have not passed the first objective test, the second objective test (May-June) will deal with the contents of the entire subject and will count for 100% of the final grade.
**The course follows an evaluation system based on the assessment of various training activities and an exam. The student is required to obtain a 4 (out of 10) in the final evaluation test to average the grade obtained in the rest of the proposed training activities. Those students who, even having carried out evaluable activities, wish to be evaluated with the non-continuous evaluation criteria must notify the teacher before the end of the class period.
Regarding assessment in case of illness or other special circumstances (mitigating rules), see article 7 of the Student Assessment Regulations of the University of Castilla-La Mancha.
Specifications for the resit/retake exam:
Students who have not passed the second partial in the ordinary call must examine the full content of the subject in the extraordinary call.
**Identical evaluation criteria of the ordinary call.
Regarding assessment in case of illness or other special circumstances (mitigating rules), see article 7 of the Student Assessment Regulations of the University of Castilla-La Mancha.
**Identical evaluation criteria of the ordinary call.
Regarding assessment in case of illness or other special circumstances (mitigating rules), see article 7 of the Student Assessment Regulations of the University of Castilla-La Mancha.
Specifications for the second resit / retake exam:
1.- The extraordinary test will consist of an exam that represents 100% of the final grade.
2.- Said test must be passed with 50% of its maximum score (5 out of 10).
2.- Said test must be passed with 50% of its maximum score (5 out of 10).
9. Assignments, course calendar and important dates
| Not related to the syllabus/contents | |
|---|---|
| Hours | hours |
| Class Attendance (theory) [PRESENCIAL][Combination of methods] | 50 |
| Class Attendance (practical) [PRESENCIAL][Combination of methods] | 5 |
| Problem solving and/or case studies [PRESENCIAL][Combination of methods] | 10 |
| Problem solving and/or case studies [PRESENCIAL][Combination of methods] | 10 |
| Writing of reports or projects [AUTÓNOMA][Combination of methods] | 10 |
| Study and Exam Preparation [AUTÓNOMA][Self-study] | 107.5 |
| Progress test [PRESENCIAL][Assessment tests] | 2.5 |
| Final test [PRESENCIAL][Assessment tests] | 2.5 |
| Other off-site activity [AUTÓNOMA][Practical or hands-on activities] | 27.5 |
| Global activity | |
|---|---|
| Activities | hours |
10. Bibliography and Sources
