FINANCIAL MANAGEMENT AND ACCOUNTING FOR DECISION-MAKING - 2020/1
Module code: MANM364
Module Overview
This module aims to enable the students to critically understand and analyse the information found in published financial accounts and other accessible data sources and to evaluate the financial performance of a business. It will enable the student to have an appreciation of the financial management and control process in firms and understand the investment and financial decision making process in a business. The module also aims to enable the students to utilise financial information for decision making, scenario assessment, financial decisions, managerial decisions and company valuation.
Module provider
Surrey Business School
Module Leader
THEVA Luckie (SBS)
Number of Credits: 15
ECTS Credits: 7.5
Framework: FHEQ Level 7
Module cap (Maximum number of students): N/A
Overall student workload
Independent Learning Hours: 120
Lecture Hours: 30
Module Availability
Semester 1
Prerequisites / Co-requisites
None
Module content
This module includes:
- Elements of Financial Accounting and Reporting
- Elements of Strategic and Quantitative Analysis of Corporate Annual Reporting
- Elements of Managerial Accounting and Strategic Managerial Accounting for Decision Making
- Core concepts and techniques of Financial Management
Assessment pattern
| Assessment type | Unit of assessment | Weighting |
|---|---|---|
| Coursework | GROUP ASSIGNMENT BASED ON COMPARATIVE ANALYSIS OF CORPORATE ANNUAL REPORT INFORMATION | 30 |
| Coursework | GROUP ASSIGNMENT BASED ON FINANCIAL ANALYSIS (2500 WORDS) | 30 |
| Coursework | INDIVIDUAL ASSIGNMENT WITH SCENARIO QUESTIONS ON FINANCIAL ACCOUNTING, MANAGEMENT ACCOUNTING AND FINANCE | 40 |
Alternative Assessment
An individual report on comparative of corporate annual report information (500 words) An individual report on based on financial analysis (500 words)
Assessment Strategy
The students' achievement of the learning outcomes is assessed through the three pieces of coursework, to gauge both the depth and width of their knowledge and skills.
Module aims
- The module aims at developing the following skills:
- Analytical skills used in ratio analysis and performance measurement
- Decision-making with regards to strategy e.g. pricing, outsourcing, limiting factors
- Use of argument and evidence.
- Ability to evaluate financial position, performance and potential of an organisation in its environment using ratio and strategic analyses to support strategic decisions
- Ability to interpret accounting information to support management control in organizations
- Ability to use valuation skills and metrics for performance evaluation.
- Confidence in realising how they can identify financial problems and readily apply techniques taught in class to real life cases.
- Awareness of the importance of financial management decisions on the performance of a company.
- Report writing and presentational skills.
- Working effectively in teams.
- Improved decision making in an international business environment
- Present findings to the client in an effective and engaging manner
- Problem diagnosis and analysis
- Critical skills in relation to the use of information for the purpose of organisational performance evaluation
- Managerial decision processes contributing with accounting based information
- Concepts of corporate finance to lead informed financial decisions in the corporate world.
Learning outcomes
| Attributes Developed | ||
| 001 | Evaluate the current performance of an organisation and its future sustainability from their corporate reporting. | CPT |
| 002 | Evaluate the strengths and weaknesses of management accounting information and systems in supporting management control of organisational effectiveness, responsibility and sustainability | KCPT |
| 003 | Use basic company valuation techniques | CPT |
| 004 | Compare alternative investments and scenarios | CPT |
Attributes Developed
C - Cognitive/analytical
K - Subject knowledge
T - Transferable skills
P - Professional/Practical skills
Methods of Teaching / Learning
The module is delivered through highly interactive lectures, which resemble seminars for the most part, where the students' participation is elicited and their previous experience brought to the fore and built upon.
Interactive learning material is uploaded on SurreyLearn and current issues relevant to the topics at hand are shared too as they emerge, e.g. Financial Times articles, The Economist reports, etc.
Indicated Lecture Hours (which may also include seminars, tutorials, workshops and other contact time) are approximate and may include in-class tests where one or more of these are an assessment on the module. In-class tests are scheduled/organised separately to taught content and will be published on to student personal timetables, where they apply to taken modules, as soon as they are finalised by central administration. This will usually be after the initial publication of the teaching timetable for the relevant semester.
Reading list
https://readinglists.surrey.ac.uk
Upon accessing the reading list, please search for the module using the module code: MANM364
Programmes this module appears in
| Programme | Semester | Classification | Qualifying conditions |
|---|---|---|---|
| Master of Business Administration MBA | 1 | Compulsory | A weighted aggregate mark of 50% is required to pass the module |
Please note that the information detailed within this record is accurate at the time of publishing and may be subject to change. This record contains information for the most up to date version of the programme / module for the 2020/1 academic year.