1. This module develops a knowledge and understanding of:
i. The dynamic and changing nature of business and the consideration of the future of organizations within the global business environment, including the management of risk.
ii. The sources, uses and management of finance.
iii. The use of accounting and other information systems for planning, control, and decision making.
iv. The use of accounting and other information systems for managing financial risk.
v. The development of appropriate policies and strategies within a changing environment to meet stakeholder interests.
vi. The use of risk management techniques and business continuity planning to help maximize achievement of strategic objectives on the economic, social and environmental conditions of the future.
vii. 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.
viii. 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.
2. Intellectual skills: This module develops:
i. The ability to analyse facts and circumstances to determine the cause of a problem and identifying and selecting appropriate solutions
ii. Conceptual and critical thinking, analysis, synthesis and evaluation
iii. The ability to analyse and evaluate financial data.
3. Professional practical skills: This module develops:
i. Numeracy and quantitative skills to manipulate data, evaluate, estimate and model business problems, functions and phenomena
ii. Commercial acumen based on an awareness of the key drivers for business success, causes of failure and the importance of providing customer satisfaction and building customer loyalty
4. Transferable (key) skills: This module develops:
i. Self-management and a readiness to accept responsibility and flexibility, to be resilient, self-starting and appropriately assertive, to plan, organise and manage time
ii. Articulating and effectively explaining information