| Compulsory
Modules |
Business Strategy |
The module integrates the functional
interrelationships explored in Managing Resources and
provides the student with a holistic perspective of how
organisations determine their strategic direction. The
module examines the strategic decision-making process
through an investigation of external and internal
environment, strategic options and implementation. |
| Strategic Financial Management |
This module supports the student's study of the
relationship between financial markets and companies, in
particular the principle of shareholder value maximisation,
and the implications of this for internal management of
companies and business units. It aims to facilitate the
acquisition by students of a balance of skills and knowledge
including skills in applying quantitative techniques; the
ability to interpret and explain the results of these
calculations; the ability to critically evaluate the
techniques; and the capacity to relate these to the external
contexts in which companies operate and in particular the
influence of capital markets on corporate behaviour. |
| Strategic Management Accounting |
This module aims to support the student's development of
his/her ability to select and apply relevant financial
techniques in supporting the management of a business or
non-business organisation, and to interpret and explain the
results. It aims to facilitate the acquisition by students
of a balance of skills and knowledge including skills in
applying quantitative techniques; the ability to interpret
and explain the results of these calculations; the ability
to critically evaluate the techniques; and a recognition
that management accounting, like other areas of management,
is context-dependent, and has to be put into the context of
the particular organisation and its own strategy, culture
and management style. |
| Corporate Reporting |
The module provides an advanced level course into the
nature and importance of the external financial reporting
environment facing large corporations. The course looks at
alternative philosophical perspectives on the role of, and
justification for, financial regulation, and explores
attempts to developing conceptual frameworks for financial
reporting. The module then looks at various theories for the
recognition of income and value, within the framework of the
current accounting and stock market regulatory requirements.
The political and economic pressures on corporate governance
and accountability in the UK are explored, before
contrasting these with various international financial
reporting regimes and current developments to I City Code
and the convergence of UK and International Financial
Reporting Standards. Finally, alternative economic and
sociological perspectives on financial reporting are
investigated. |
| International Finance |
This module is designed to underline the importance of
global financial markets in influencing trade, domestic
economic policy and world economic welfare. It concentrates
on the markets’ products and how they are used by market
players in the elimination of financial risk, the promotion
of trade and the pursuit of private profit. It also analyses
and investigates the role of governments and external
agencies in the regulation of such markets to balance the
effects of free capital flows. |
Optional Modules
(Choose 1 Module) |
Strategic Global Operations |
The module will consider the impact of business
‘drivers’ such as cost, customer location, barriers to
entry, profit potential, economies of scale and how these
affect the organisation and its design to be effective
within the global business environment. It examines how an
organisation manages its operations strategically in a
global environment. |
| New Business Development |
This module provides students with the opportunity to
practise and evaluate realistic decision-making in a
simulated business environment, taking account of internal
and external information. The implications of decisions on
different functional areas of an organisation are evaluated. |
Tuition
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