Module Database Search
| MODULE DESCRIPTOR | |||
|---|---|---|---|
| Module Title | |||
| Business Finance and Economics | |||
| Reference | BS2080 | Version | 6 |
| Created | January 2024 | SCQF Level | SCQF 8 |
| Approved | July 2018 | SCQF Points | 30 |
| Amended | March 2024 | ECTS Points | 15 |
| Aims of Module | |||
|---|---|---|---|
| To develop knowledge and understanding of economics and business finance within the context of a changing financial environment. | |||
| Learning Outcomes for Module | |
|---|---|
| On completion of this module, students are expected to be able to: | |
| 1 | Explain the key sources of finance for business. |
| 2 | Apply finance knowledge to relevant business decisions considering both financial and non-financial information. |
| 3 | Assess the role of working capital management in financial management. |
| 4 | Understand the economic environment for business. |
| 5 | Apply economic principles, theories and models in order to explain the basic working of markets. |
| 6 | Apply sampling methods, basic statistical methods, data modelling and forecasting techniques in business contexts. |
| Indicative Module Content |
|---|
| Business Finance including sources of finance, stock market, foreign currency, business mathematics. Microeconomics and Macroeconomics; Markets. Sampling methods, linear regression, probability distribution, index numbers, data presentation and measurement. |
| Module Delivery |
|---|
| The module is delivered in Blended Learning mode using structured online learning materials/activities and directed study, facilitated by regular online tutor support. Workplace Mentor support and work-based learning activities will allow students to contextualise this learning to their own workplace. Face-to-face engagement occurs through annual induction sessions, employer work-site visits, and modular on-campus workshops. |
| Indicative Student Workload | Full Time | Part Time |
|---|---|---|
| Contact Hours | 30 | N/A |
| Non-Contact Hours | 30 | N/A |
| Placement/Work-Based Learning Experience [Notional] Hours | 240 | N/A |
| TOTAL | 300 | N/A |
| Actual Placement hours for professional, statutory or regulatory body | 240 |
| ASSESSMENT PLAN | |||||
|---|---|---|---|---|---|
| If a major/minor model is used and box is ticked, % weightings below are indicative only. | |||||
| Component 1 | |||||
| Type: | Examination | Weighting: | 70% | Outcomes Assessed: | 1, 2, 3, 6 |
| Description: | Closed book exam. | ||||
| Component 2 | |||||
| Type: | Examination | Weighting: | 30% | Outcomes Assessed: | 4, 5 |
| Description: | Exam. | ||||
| MODULE PERFORMANCE DESCRIPTOR | ||||||||
|---|---|---|---|---|---|---|---|---|
| Explanatory Text | ||||||||
| The Module is assessed by two components: C1 - Examination - 70% weighting (vertical axis). C2 - Examination (horizontal axis) - 30% weighting. Module Pass Mark = Grade D. | ||||||||
| Examination: | ||||||||
| Examination: | A | B | C | D | E | F | NS | |
| A | A | A | B | B | E | E | ||
| B | B | B | B | C | E | E | ||
| C | B | C | C | C | E | E | ||
| D | C | C | D | D | E | E | ||
| E | E | E | E | E | E | E | ||
| F | E | E | E | E | F | F | ||
| NS | Non-submission of work by published deadline or non-attendance for examination | |||||||
| Module Requirements | |
|---|---|
| Prerequisites for Module | None. |
| Corequisites for module | None. |
| Precluded Modules | None. |
| INDICATIVE BIBLIOGRAPHY | |
|---|---|
| 1 | ATRILL, P. and McLANEY, E., 2022. Accounting and Finance for Non-Specialists. 11th ed. Harlow: Pearson Education Limited. ebook. |
| 2 | CANELA, M., ALEGRE, I. and IBARRA, B., 2019. Quantitative Methods for Management: A practical approach. 1st ed. Cham: Springer International. ebook. |
| 3 | SLOMAN, J.,GUEST,J. AND GARRATT, D., 2022. Economics. 11th ed. Harlow: Financial Times Prentice Hall.ebook. |