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Course & Unit Catalogues


MN52049: Accounting and finance for managers

[Page last updated: 15 August 2024]

Academic Year: 2024/25
Owning Department/School: School of Management
Credits: 5 [equivalent to 10 CATS credits]
Notional Study Hours: 100
Level: Masters UG & PG (FHEQ level 7)
Period:
Semester 1
Assessment Summary: EXCB 100%
Assessment Detail:
  • Closed-book written examination (EXCB 100%)
Supplementary Assessment:
Like-for-like reassessment (where allowed by programme regulations)
Requisites:
Learning Outcomes: By the end of the module students will be able to:
* Explain the nature and roles of accounting and finance;
* Identify the main users of accounting and discuss their needs;
* Explain the nature and purpose of the three major financial statements;
* Prepare the Statement of Financial Position, the Income Statement and the Statement of Cashflows from relevant financial information;
* Use ratios to analyse the financial performance and position of a business;
* Understand the role of budgets and demonstrate how budgets are constructed and how they relate to the long term objectives of the organisation;
* Identify, describe and use investment appraisal techniques;
* Determine a firm's cost of capital;
* Develop an understanding of the firm's capital structure by introducing the Modigliani & Miller model (with and without tax);
* Investigate the issues involved in determining a firm's dividend policy.


Synopsis: Get an introduction to key accounting and finance concepts used in business. You will explore how to bring financial information to life in a variety of useful and interesting ways. In the accounting part of the unit, You will learn how to create and analyse financial statements. In the finance part, You will investigate key concepts like: - time value of money - project analysis - statement of financial position structure - dividend disbursements - valuation methodologies

Content: The unit will introduce students to the core accounting and finance theories to develop their knowledge and understanding of finance in business.

Course availability:

MN52049 is Compulsory on the following courses:

School of Management

MN52049 is Optional on the following courses:

School of Management

Notes:

  • This unit catalogue is applicable for the 2024/25 academic year only. Students continuing their studies into 2025/26 and beyond should not assume that this unit will be available in future years in the format displayed here for 2024/25.
  • 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.