MONEY - 2022/3
Module code: MANM449
Module Overview
This module is about supporting strategic decision making with financial information.
The module aims at preparing the students to understand, evaluate, select and apply financial based models to support managerial decision making. In other terms the module aims at enabling the students to take value-adding decisions for the implementation of sustainable corporate strategies as well as contributing to the definition of the underlying strategic designs.
The module's assumption is that the most effective strategic decisions are based on a holistic view of an organisation, where markets, people, operations, ethics and finance receive equally important consideration in light of the sustainable success of an organisation. however it is financial information that helps reading environments, evaluating opportunities, explaining goals, devising objectives and supporting plans. Hence, this module provides the 'language' of business by focussing on the dimension that is common to all operations in an organisation, their contribution to adding strategic value.
Students will learn how to analyse the current situation and performance of an organisation, its capability to perform on a strategic design and how to finance its operations.
Module provider
Surrey Business School
Module Leader
SOPP Rachel (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: 79
Lecture Hours: 24
Seminar Hours: 18
Guided Learning: 19
Captured Content: 10
Module Availability
Semester 1
Prerequisites / Co-requisites
None
Module content
Financial accounting:
- analysis of financial corporate information and its evaluation in the context of other sources of corporate information
- assessment of the financial position and performance of organisations, in light of their strategic goals and behaviour
Financial Management
- theory and practice of investing and financing decisions
- theory and practice of fixed interest and stock valuation
Managerial accounting
- representing business models through financial information
- using financial information to support operational and strategic decisions
Assessment pattern
Assessment type | Unit of assessment | Weighting |
---|---|---|
Coursework | Coursework (Individual) | 50 |
Coursework | Coursework (Group) | 50 |
Alternative Assessment
Coursework (individual) 50%
Assessment Strategy
The assessment strategy is designed to provide students with the opportunity to demonstrate their mastery of the learning outcomes both through their contribution to teamwork and individually.
The individual coursework provides an opportunity to demonstrate the ability to select and apply the most effective accounting tools to specific contexts.
The group coursework is based on an integrative collaborative project that showcases students' finance knowledge and cognitive skills as well as their practical ability to apply their learning to complex financial strategy problems and tasks.
The two elements of assessments are thus designed to complement each other.
Thus the summative assessment for this module consists of:
- Individual coursework with scenario questions on accounting: 50%
- Group coursework on financial analysis: 50%;
In the event that any student would not be able to complete the group report, they will be given an alternative assessment in the form of individual coursework.
Formative assessment
Formative feedback is offered on an ongoing basis during seminars/group discussions, active learning sessions and tutorials. This may be done face-to-face or online.
Summative feedback is provided through SurreyLearn, separately for each of the elements of the assessment.
Module aims
- Enable students to support responsible and value-adding strategic, operational and financial management decisions with the relevant financial information
- Provide the students with a critical awareness of and ability to apply models of financial analysis for supporting decision making
Learning outcomes
Attributes Developed | ||
001 | Use financial analysis for the evaluation of the current performance of an organisation and its future sustainability. | CPT |
002 | Evaluate and apply models of sustainable and responsible investment and financing decisions | CPT |
003 | Explain the theory and apply techniques of financial valuation and sustainability | KCPT |
004 | Navigate the strengths and weaknesses of management accounting information and systems in supporting management control of the responsible and sustainable organisation | KCPT |
Attributes Developed
C - Cognitive/analytical
K - Subject knowledge
T - Transferable skills
P - Professional/Practical skills
Methods of Teaching / Learning
The learning and teaching strategy is designed to combine research-informed academic content with applied learning.
Learning and teaching follows a student-focused experiential, flipped classroom methodology with online elements. It comprises a blend of in-class lectures, on-line synchronous and asynchronous learning material, discussions, applications and real life experience.
There is a strong element of active and self-directed learning - both group and individual. Active learning is supported by engagement with practice through group project work, study rip and invited guest speakers.
Prior to attending lectures and seminars, students are expected to undertake the essential reading and complete any set work.
Assignment tutorials are there to provide formative feedback in preparation for the assessment. The learning and teaching methods include:
- Lectures are mainly designed to illustrate and explain theoretical concepts and models.
- Seminars/group discussions are designed to develop a more practical insight into the applied nature of the various topics covered: they help explore the theoretical concepts and models by reference to a range of topical issues and case studies.
- Active learning includes engaging in classroom practical exercises, video and case analyses and group project work.
- Active learning through online study (synchronous and asynchronous).
- Self directed learning pertains to engaging with learning materials and undertaking desk research required for classroom participation and assessment.
- Study trips are designed to all students the opportunity to observe the phenomena they study in practice and engage with the relevant practice and practitioners in their own setting and context.
- Assignment tutorials support students in their project work through systematic review of progress, discussion and formative feedback from an academic tutor. These may be run face to face or online (synchronously)
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: MANM449
Other information
None
Programmes this module appears in
Programme | Semester | Classification | Qualifying conditions |
---|---|---|---|
Management MSc | 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 2022/3 academic year.