Financial Accounting for Professionals (20 Credits)
The module provides students with an understanding of accounting with a focus on limited liability companies. It introduces students to key accounting topics. A firm understanding of double-entry is established and then used to graduate to the preparation of financial statements for primate limited companies. The accounting framework is introduced and its importance to the users of accounts discussed.
Economics (20 Credits)
The aim of the module is to introduce students to the fundamental economic issues stemming from the scarcity of resources. The relationship between business and the economic problem is analysed by means of micro and macro-economic models to equip students with an understanding of decision-making at the levels of the market, the firm and the nation.
Business Analysis (20 Credits)
The module is designed to help students develop a range of statistical and computing skills that will be valuable to them during the course of their academic programs and in their future careers in business. Although there are no pre-requisites for this module it is assumed that students have basic mathematical skills.
People Management in the 21st Century (20 Credits)
This module focuses on the behavioural aspects of people management in organisations. This is a vital area of study because the ability to understand behaviour in the workplace is a necessary prerequisite for making informed choices and for influencing organisational action such as decision making regarding organisational objectives, and leading and influencing the behaviour of others in order to see that the decisions are implemented. It is anticipated that by the end of the module students will be able to evaluate objectively and understand organisational behavioural situations and determine the best course of action from a range of perspectives.
Contemporary Business Issues (20 Credits)
The module will provide an introduction to introductory business concepts and models and the information sources needed to research, analyse and apply these concepts to the practice of business. It includes an overview of contemporary and emerging business themes including the changing macro-environment, emergence of new economies and inter-relatedness of the global trade, the structure and organisation of different industry sectors e.g. services, SME’s. It will provide an introduction to issues of sustainability, enterprise, innovation, corporate social responsibility and the impacts of globalisation on different business sectors.
Marketing Principles & Practice (20 Credits)
The module develops student understanding and then provides a forum for critical analysis of the application of marketing techniques in international, multi-national, and global market situations. Emphasis is given to the relative importance of political, economic, socio-cultural, technological, legal and regulatory, and environmental issues as they apply to (changing) country-specific and regional contexts. Market research techniques and practices develop student understanding of market entry and market sustainability techniques as aspects of competitive advantage.
Management Accounting (20 Credits)
Management Accounting introduces and develops an understanding of the fundamental concepts and techniques of management accounting and applies these techniques in an appropriate way. It also develops students’ ability to critically evaluate the strengths and limitations of these techniques. The module demonstrates how management accounting information may be used for the purposes of planning, decision making, performance measurement and control within organisations, in order to further the organisation's strategic objectives.
Work-Based Learning (20 Credits)
The module develops students’ skills in seeking and obtaining a work placement or internship of a minimum of three weeks’ duration. It also develops in students their skills in learning from work experience and applying academic learning to the work place. The overall aim of the module is to improve their success in graduate job search which forms part of our commitment to employability in the Business School.
Employee Development and Employee Relations (20 Credits)
To provide students with the ability to understand, assess and apply approaches to the development of people in organisations through learning and development interventions, and develop an understanding of employee relations frameworks and current regulation in this area.
Management and Leadership (20 Credits)
The module explores the context within which management and leadership takes place; the historical context within which the fundamental principles of management arise; the context of the external environment which impacts on organisational strategy and may cause ambiguity in relation to organisational objectives, policies, working practices, ethical considerations and management approaches. It also explores a range of different perspectives on management and leadership and focuses in on particular managerial/leadership issues that lead to ambiguities and problems.
Financial Management for Accountants (20 credits)
The aim of this module is to build up an understanding of the treasury function and corporate financial strategy, and to develop the practical skills for dealing with the corporate financial issues. The corporate financial issues will be covered within the following categories: financial management function; financial management environment; investment appraisal; business finance; business valuation; working capital management; and risk management.
Contemporary Accounting Issues (20 Credits)
Contemporary Accounting Issues (CAI) develops a critical perspective of the developments in company accounting and disclosure. It explores the evolution of International Accounting Standards and their implications for users. The module reviews controversial issues in the treatment of accounting transactions and develops the skills required for the interpretation of accounting and other relevant information.
The module will build on students existing knowledge of the preparation and analysis of financial reports for business entities. It will contextualise the role of the accountant as a professional steward and analyst by exploring the professional and ethical duties and responsibilities of the accountant to the stakeholders of an organisation. The financial reporting framework and financial reporting requirements in accordance with generally accepted accounting practice and relevant standards will be examined. The accountant’s role in assessing and advising on the implications of accounting regulation will be discussed. The module will critically evaluate current developments in corporate reporting.
Strategic Management (20 Credits)
The aim of the module is to provide students with an understanding of the impact of the business environment and the resources of the organisation, both human and material, on strategic planning and choice. This will enable students to consider strategic alternatives, evaluate their suitability and make them aware of the complex issues involved in implementing strategy and managing strategic change.
Likely optional modules
Financial Markets and Risk Management (20 credits)
The Financial Markets and Risk Management module aims to develop student understanding on the role of securities in the financial markets and how the economic environment impacts the value of financial securities. It further provides students exposure into the special regulatory requirements and the accounting implications into being an investor in those securities. Students will be exposed to the importance of identifying the greatest source of risk and how this risk can be managed using derivative instruments. It also exposes students to different investment products that are tailored to the needs of different clients.
Audit and Assurance (20 Credits)
Audit and Assurance plays a vital role in accounting. This module (AUD) introduces the students to key auditing techniques. The importance of the audit function with regard to the independent examination of financial information of any entity, whether profit oriented or not, and irrespective of its size or legal form, is explained. The skills necessary to carry-out such an examination are applied, with a view to developing the knowledge necessary to express an opinion thereon.
Taxation (20 Credits)
Taxation plays an important role in society. This module (TAN) provides an introduction to the most common taxes in the UK; Income Tax, Corporation Tax, VAT and Capital Gains Tax. The basic rules are explained, and the taxes are discussed in the context of Government policy.
Business Ethics (20 Credits)
The module will consist of a broad syllabus addressing practical considerations of the nature of ethics, progressing through learning of a range of traditional and post-modern ethical theories, and the appreciation of these theories in the practical setting of modern business processes. Students will study topics such as Corporate Social Responsibility, sustainability and the environment, professionalism & integrity, ethics & technology, financial scandals, whistle blowing and other emerging issues, by reference to case studies.
Individual Study (20 Credits)
The aim of the module is to provide students with the opportunity to undertake an in-depth study of a particular line of enquiry related to a business issue selected by the student.
Service Management (20 Credits)
The module will acquaint students with the complex demands made upon service management organisations and the challenges that staff within them face. An understanding of the environments in which they operate will be developed and an appreciation of the different constraints placed upon them will be explored. The module will exam the range of alternatives that organisations can draw from and will include an investigation into the issues associated with service management across a wide range of situations. This will include the process of servitisation, managing the service encounter, service quality, service level, customer management and capacity management.
Knowledge Management (20 Credits)
The module will cover the nature of knowledge. Epistemological issues, including typologies of knowledge, and the distinction between tacit and explicit knowledge will be examined as will the sources of knowledge. Knowledge as an intangible asset will be explored as will the measurement and evaluation of the contribution of knowledge to the strategic management of the organisation and the role of knowledge in business functions. In addition, the module will examine ethical issues in knowledge management and the nature and protection of intellectual property.
New Venture Creation (20 Credits)
The module aims to provide a practical perspective on the development and planning processes involved in the creation of a new venture, either as a new business start-up or as a new product or service development within a public or private organisation setting. It aims to develop an understanding and awareness of business models underlying successful new business ventures, and the potential of business model innovation.
It will explore the fundamental building blocks of a business model, the interrelationships between the building blocks and the links to the external business environment, and aims to arrive at a detailed operational and financial feasibility study that assesses the real potential of the new venture creation project.
Dissertation (40 Credits)
The aim of the module is to provide students with the opportunity for the practical application of theory to a business oriented problem and to develop research skills.
Strategic Human Resource Management
The aim of the module is to equip students with the ability to critically evaluate the strategic nature of HRM within the changing context of work and to evaluate effective management of people strategies.