|Prerequisites for Module|
None in addition to course entry qualifications or equivalent.
Aims of Module
To provide the conceptual understanding, skills and analytical techniques to take effective decisions and control financial resources.
Learning Outcomes for Module
On completion of this module, students are expected to be able to:
Indicative Module Content
The financial environment. Information sources and decision-makers' needs: sources of financial information, critique of published accounts, international divergences, use of software packages, ratio analysis. Short-term decisions: cost behaviour, cost drivers and cost prediction techniques, CVP, pricing decisions, optimal pricing, operational budgets and behavioural issues. Long term decisions: capital structure, risk return and gearing, investment appraisal, DCF tools, working capital cycle, working capital management. Budget allocation and control systems, behavioural issues in effective budget management, divisional performance, transfer pricing.
|Indicative Student Workload|
Mode of Delivery
The module is delivered through a series of interactive teaching sessions with an emphasis on group participation sessions using case studies, student presentation and software packages. The module is delivered in Distance Learning Mode by self directed learning from web-based learning materials, supported by seminars and/or on-line tutorial support.
The component will take the form of a coursework.