MN20547: Strategic financial decisions
[Page last updated: 23 August 2022]
| Academic Year: | 2022/23 |
| Owning Department/School: | School of Management |
| Credits: | 6 [equivalent to 12 CATS credits] |
| Notional Study Hours: | 120 |
| Level: | Intermediate (FHEQ level 5) |
| Period: |
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| Assessment Summary: | CW 100% |
| Assessment Detail: |
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| Supplementary Assessment: |
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| Requisites: | Before taking this module you must take MN10466 OR take MN10668 |
| Learning Outcomes: | On completion of this unit students should be able to:
1. Have a solid understanding of strategy formulation and implementation 2. Undertake, and apply, an environment analysis to evaluate the position of an organisation and its product/service offering. 3. Apply the theories learned to make the most efficient use of scarce resources in pursuing new investment opportunities 4. Implement an effective analysis model to analyse organisational strength, weaknesses and potential investment opportunities. 5. Critically evaluate a company's financial standing and its inherent value to new/existing shareholders. 6. Analyse the performance and future prospects of a firm |
| Aims: | The aim of this unit is to introduce students to:
1. Introduce the student to the Fundamentals of Financial Theory 2. Introduce the fundamentals of organisational strategy 3. Applying strategy to financial decision making 4. Introduce the students to financial statement analysis 5. Introduce the rationale behind managing risk and uncertainty through financial analysis when implementing strategic choice 6. Explore the processes, methods and models in company valuations. |
| Skills: | Intellectual skills
* Use appropriate financial analysis and computational techniques to compute financial information which is useful in an analysis context (TFA) * Evaluate and assess the relative merits of quantitative techniques in interpreting internal management information (TFA) * Identifying financial information and analytical techniques relevant to a particular purpose (T/A) * Interpretation of results pertinent to a specified problem/objective (T/A). Professional/Practical Skills * Recommend courses of management action based on an assessment of financial implications (T/A); * Create an awareness of change and drivers of influence within an organisational context. * Develop an understanding of the theories in strategy, financial analysis and organisational information suitable for interpretation, general distribution and interpretation (T/F/A); Transferable/Key Skills * Applying a range of quantitative analysis techniques in a variety of business environments (F) and facilitating substantiation/rationalisation in decision making. * Critical skills in the application of techniques and the interpretation of results (FA) |
| Content: | * Alternative approaches to Strategy formulation * Market/business/product position/environment analysis * Risk and uncertainty in strategy formulation * Prospective Analysis * Forecasting * Company valuation * Financial Analysis. |
| Programme availability: |
MN20547 is Optional on the following programmes:School of Management
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Notes:
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