- Academic Registry
Course & Unit Catalogues


MN50788: Business management

[Page last updated: 23 October 2023]

Academic Year: 2023/24
Owning Department/School: School of Management
Credits: 20 [equivalent to 40 CATS credits]
Notional Study Hours: 400
Level: Masters UG & PG (FHEQ level 7)
Period:
Academic Year
Assessment Summary: CW 60%, CWOI 40%
Assessment Detail:
  • Written coursework (CW 60%)
  • Individual Presentation (CWOI 40%)
Supplementary Assessment:
Like-for-like reassessment (where allowed by programme regulations)
Requisites:
Learning Outcomes: At the completion of this unit the student will be able to:
* Evaluate the strategy of business organisations (i2)
* Demonstrate a critical understanding of economic constraints that affect management decisions (K1)
* Analyse key financial statements of business organisations and prepare cash budgets (K2, i2)
* Appraise the role of budgets in an organisation (i2)
* Critically assess the contribution of HRM to organisational performance (i2)
* Identify key components of a business plan and develop ideas for new businesses (i6; P2)
* Apply decision making techniques to management problems (i5; P1).


Aims: This unit aims to provide students with a solid grounding in the key managerial disciplines that will enable them to understand how operational performance is managed and enhanced and how the strategy of organisations is developed in relation to their internal capabilities and external environments.

Skills:
* Understanding of theory and its application to real business situations
* Use theory to analyse case studies
* Ability to interpret data
* Choose appropriate information for analysis and interpretation
* Application of concepts and models to practical situations
* Preparation and production of effective business plans and reports
* Critical thinking and ability to construct an argument
* Writing and presentation skills
* Personal/Interpersonal

Skills:
Ability to work in teams.
* Understanding their own strengths and weaknesses in group and individual activity

Content: Business Economics Fundamentals (the competitive environment, models of market structure, pricing and competition); Strategy; HR Management (strategic HRM - development and main models, links between HRM and organisation performance, international HRM); Accounting and Finance Fundamentals (the accounting process, the format and interpretation of a profit and loss account, balance sheet and cash flow statements, budgeting, sources of finance); Entrepreneurship and Innovation.

Course availability:

MN50788 is a Designated Essential Unit on the following courses:

Department for Health

Notes:

  • This unit catalogue is applicable for the 2023/24 academic year only. Students continuing their studies into 2024/25 and beyond should not assume that this unit will be available in future years in the format displayed here for 2023/24.
  • Courses and units are subject to change in accordance with normal University procedures.
  • Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
  • Find out more about these and other important University terms and conditions here.