FINANCIAL MANAGEMENT AND ACCOUNTING FOR DECISION-MAKING - 2022/3

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 Luxshika (SBS)

Number of Credits: 15

ECTS Credits: 7.5

Framework: FHEQ Level 7

JACs code: N340

Module cap (Maximum number of students): N/A

Overall student workload

Workshop Hours: 18

Independent Learning Hours: 80

Lecture Hours: 24

Guided Learning: 19

Captured Content: 9

Module Availability

Semester 2

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 COURSEWORK (GROUP) 3,000 WORDS 50
Coursework COURSEWORK (INDIVIDUAL) 3,000 WORDS 50

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(MBA PART-TIME YEAR 1) 2 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 2022/3 academic year.