MN50695: Understanding finance
 Academic Year: | 2019/0 |
| Owning Department/School: | School of Management |
| Credits: | 6 [equivalent to 12 CATS credits] |
| Notional Study Hours: | 120 |
| Level: | Masters UG & PG (FHEQ level 7) |
| Period: |
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| Assessment Summary:
| CW 100% |
| Assessment Detail: |
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| Supplementary Assessment: |
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| Requisites: | |
| Description:
| Aims: The aim of this unit is to equip students with sufficient knowledge of finance to support the general management function and to appreciate how specialist activities in these areas can contribute to the attainment of financial and business strategies and objectives. Learning Outcomes: At the end of this unit students should be able to: * explain where finance activities fit into a business and how they can contribute to the attainment of the company's financial and business strategies and objectives; * describe the components of an annual report and explain their respective purposes in terms of their contribution to corporate accountability Skills: Intellectual Skills * a systematic understanding of organisations, the internal and external context in which they operate and how they can be effectively managed (T/A); * the ability to acquire and analyse data, information and situations; to evaluate relevance and validity, and to synthesise it in the context of topical business problems (F); * a conceptual understanding of theoretical concepts and frameworks that enables the student to meaningfully link theory and practice and the ability to critically appraise both theory and practice (T/A). * the uses and limitations of quantitative methods for providing information and evaluating options in an uncertain business environment (T & A); * the ability to integrate the knowledge of a variety of functional and theoretical areas through application to organisational problems (T, F, A), * the ability to acquire and analyse data and information, to evaluate its relevance and validity, and to synthesise it in the context of topical business problems (T,F,A); Professional Practical Skills * apply practical decision-making methods and tools at both tactical and strategic levels (T/A); * operate effectively both independently as well as within teams and assume leadership roles where appropriate (F). Transferable/Key Skills * an openness and capacity to continue learning with the ability to reflect on earlier knowledge and practice and integrate the new with past experience and effectively apply it to the present situations (F); * ability to recognise ethical corporate/social responsibility issues and to manage in light of these issues (T/A). Personal/Interpersonal * the facility to communicate including presenting and marketing themselves and their ideas; preparation and production of effective business plans and reports (T/F/A). Content: The role of the Finance Department The Annual Report and other sources of financial information Capital markets The financing decision The investment decision The dividend decision Mergers and acquisitions. |
| Programme availability: |
MN50695 is Compulsory on the following programmes:School of Management
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Notes:
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