Finance, Accounting and Management BSc (Hons)

To provide an introduction to the fundamental concepts of finance, including project appraisal, capital markets and the capital structure of firms. 

Learning outcomes:

• The dynamic and changing nature of business and the consideration of the future of organisations within the global business environment, including the management of risk.
• The sources, uses and management of finance.
• The use of accounting and other information systems for planning, control, and decision making.
• The use of accounting and other information systems for managing financial risk.
• Leadership, management and development of people including the implications of the legal context.
• The development of appropriate policies and strategies within a changing environment to meet stakeholder interests.
• The use of risk management techniques and business continuity planning to help maximise achievement of strategic objectives on the economic, social and environmental conditions of the future.
• Economic policy at the macroeconomic level showing an understanding of analytical methods and model-based argument and of different methodological approaches and their strengths and limitations.
• The concepts of the time value of money and the risk and return relationship for different sources of finance and for portfolios.
• The concepts of financial securities, their features and markets.
• The concepts of capital structure and its importance to firm value.

This module introduces participants to the study of law in a business context. 

Learning outcomes:

• Leadership, management and development of people and organisations including the implications of the legal context.
• Business Law and the English Legal System.

To provide participants with a solid understanding of the application and impact of computers and the Internet, especially in small businesses. To ensure a hands-on competence in the use of spreadsheets. 

Learning outcomes:

• The use of accounting and other information systems for planning, control, and decision making.
• The development, management, application and implementation of information systems and their impact upon organisations.
• The comprehension and use of relevant communications for application in business and management, including the use of digital tools.

The module aims to introduce participants to key economic tools, concepts, and their application and to provide participants with an understanding of the nature and scope of economic policy and the economic theories upon which it is based. The emphasis is on analytical tools. 

Learning outcomes:

• The development, access and operation of markets for resources, goods and services.
• A coherent core of economic principles, including the microeconomics of decision and choice, production and exchange and the macroeconomics of employment, national income, the balance of payments, exchange rates, inflation, growth and money.
• Economic policy with an understanding of analytical methods and model-based argument and of different methodological approaches and their strengths and limitations.
• Ability to apply core economic theory and economic reasoning to applied topics.

To introduce the context and essential techniques of accounting, including double-entry bookkeeping, and to consider the uses of accounting both internally to the business (such as assisting in management decision-making) and externally (in the preparation of financial statements).

Learning outcomes:

• The sources, uses and management of finance.
• The use of accounting and other information systems for planning, control, and decision making.
• The main current technical language and practices of accounting under IFRS. Skills in recording and summarising transactions and other economic events in the preparation of financial statements.

To introduce students to the basic ideas and concepts of organisational behaviour. 

Learning outcomes:

• The dynamic and changing nature of business and the consideration of the future of organisations within the global business environment, including the management of risk.
• Leadership, management and development of people including the implications of the legal context.
• Leadership, management and development of organisations including the implications of the legal context.
• The need for individuals and organisations to manage responsibly and sustainably and behave ethically in relation to social, cultural, economic and environmental issues.
• The design, development of organisations, including cross-cultural issues, change, diversity and values.

The main aim of this module is to prepare students for studying at University, providing them with the necessary skills and knowledge to develop professional and academic skills and to improve their employability. 

Learning outcomes:

• The management of resources.
• The comprehension and use of relevant communications for application in business and management, including the use of digital tools.
• The need for individuals and organisations to manage responsibly and sustainably and behave ethically in relation to social, cultural, economic and environmental issues.
• Taking innovative business ideas to create new products, services or organisations including the identification of Intellectual Property and appreciation of its value.
• Understanding the UN Sustainable Development Goals and using social enterprises to tackle local issues.

To develop key mathematical and statistical techniques and their application to problems and data. 

Learning outcomes:

• The use of accounting and other information systems for planning, control, and decision making.
• The comprehension and use of relevant communications for application in business and management, including the use of digital tools.
• Relevant quantitative techniques, including mathematical and statistical methods. Economic data and its appreciation.

To provide students with an understanding of how information technology can support the activities of the accountant and management within an organisation and the problems associated with controlling and auditing such resulting information systems. 

Learning outcomes:

• The use of accounting and other information systems for managing financial risk.
• The development, management, application and implementation of information systems and their impact upon organisations.
• The risk management and control of accounting information systems.

The idea that managers should operate in the interests of shareholders is examined and its consequences explored. The course looks at what should happen in practice, but also what does happen. Where theory and practice apparently diverge possible reasons are explored. 

Learning outcomes:

• The dynamic and changing nature of business and the consideration of the future of organisations within the global business environment, including the management of risk.
• The sources, uses and management of finance.
• The use of accounting and other information systems for managing financial risk.
• The development of appropriate policies and strategies within a changing environment to meet stakeholder interests.
• The use of risk management techniques and business continuity planning to help maximise achievement of strategic objectives.

To provide an understanding of the theories and practices of financial reporting, with particular reference to the role of International Financial Reporting Standards, and to develop knowledge of the purpose, structure and limitations of the audit process. 

Learning outcomes:

• The main current technical language and practices or accounting under International Financial Reporting Standards.
• Skills in recording and summarising transactions and other economic events in the preparation of financial statements.

To introduce participants to the theory and practice of applied econometric modelling.

Learning outcome:

• Relevant quantitative and computing techniques, including mathematical and statistical methods, econometrics and the use of econometric software to estimate models using actual economic data. Economic data and its appreciation.

The aim this module is to build on the learning from Fundamentals of Finance and Management Accounting in order to further develop students’ skills in the computational aspects of management accounting and explore the relevance, significance and applicability of such techniques. In addition, this module critically examines the role of management accounting in cost management, pricing decisions and performance measurement. 

Learning outcomes:

• The use of accounting and other information systems for planning, control, and decision making.
• The management of resources.
• The development, management, application and implementation of information systems and their impact upon organisations.
• The comprehension and use of relevant communications for application in business and management, including the use of digital tools.
• Decision analysis, performance measurement and management control.

To introduce and discuss the key concepts, theories and frameworks integral to the strategic management of organisations and apply them to real-world situations. 

Learning outcomes:

• The development of appropriate policies and strategies within a changing environment to meet stakeholder interests.
• The frameworks and tools commonly used to analyse market dynamics and the firm's external Other and internal drivers of success.

To develop key mathematical and statistical techniques and their application to problems and data. 

Learning outcomes:

• Relevant quantitative techniques, including mathematical and statistical methods.
• Mathematical methods for economics.
• Statistical methods for economics.
• The nature, sources and uses of quantitative data and an ability to select and apply appropriate methods that economists might use to analyse such data.

To equip students with advanced knowledge in financial reporting and critical thinking ability in looking at accounting issues. After taking this module, students should be able to understand business operations and value them.  

Learning outcomes:

• The dynamic and changing nature of business and the consideration of the future of organisations within the global business environment, including the management of risk.
• The development, access and operation of markets for resources, goods and services.
• The use of accounting and other information systems for planning, control, and decision making.
• The use of accounting and other information systems for managing financial risk.
• The development of appropriate policies and strategies within a changing environment to meet stakeholder interests.
• The design, development of organisations, including cross-cultural issues, change, diversity and values.

The module builds on the knowledge and understanding gained in ‘Fundamentals of Finance and Management Accounting’ and ‘Management Accounting’ to facilitate a critical understanding of advanced computational, practical and theoretical issues in management accounting. 

Learning outcomes:

• The dynamic and changing nature of business and the consideration of the future of organisations within the global business environment, including the management of risk.
• The management of customer expectations, relationships and development of service excellence.
• The use of accounting and other information systems for planning, control, and decision making.
• The management of resources.
• The management of quality systems.
• The development, management, application and implementation of information systems and their impact upon organisations.
• The comprehension and use of relevant communications for application in business and management, including the use of digital tools.
• The development of appropriate policies and strategies within a changing environment to meet stakeholder interests.
• The development of strategic priorities to deliver business at speed in an environment where digital technology has reshaped traditional revenue and business models.
• Decision analysis, performance measurement and management control.

1. To introduce students to the theories and practices of business ethics and sustainability in national and global contexts.
2. To sensitise students to the network of stakeholders who affect, and are affected by, business practices. To elucidate how specific business contexts shape and constrain responsible management decision-making therein.

Learning outcomes:

• The dynamic and changing nature of business and the consideration of the future of organisations within the global business environment, including the management of risk.
• The management of the supply chain.
• The comprehension and use of relevant communications for application in business and management, including the use of digital tools.
• The development of appropriate policies and strategies within a changing environment to meet stakeholder interests.
• The use of risk management techniques and business continuity planning to help maximise achievement of strategic objectives on the economic, social and environmental conditions of the future.
• The need for individuals and organisations to manage responsibly and sustainably and behave ethically in relation to social, cultural, economic and environmental issues.
• The design, development of organisations, including cross-cultural issues, change, diversity and values.

To understand the key mechanism, major elements and contemporary issues of major financial markets. To introduce students to the process and theory of financial risk management with derivative instruments. To provide students with the skills and ideas necessary to implement basic computational approaches to financial problems. 

Learning outcomes:

• The dynamic and changing nature of business and the consideration of the future of organisations within the global business environment, including the management of risk.
• The development, access and operation of markets for resources, goods and services.
• The sources, uses and management of finance.
• The use of accounting and other information systems for planning, control, and decision making.
• The use of accounting and other information systems for managing financial risk.
• The development of appropriate policies and strategies within a changing environment to meet stakeholder interests.
• The use of risk management techniques and business continuity planning to help maximise achievement of strategic objectives.
• Economic policy with an understanding of analytical methods and model-based argument and of different methodological approaches and their strengths and limitations.