MN50704: Financial analysis and management
[Page last updated: 15 October 2020]
 Academic Year: | 2020/1 |
| Owning Department/School: | School of Management |
| Credits: | 6 [equivalent to 12 CATS credits] |
| Notional Study Hours: | 120 |
| Level: | Masters UG & PG (FHEQ level 7) |
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| Assessment Summary: | CW 100% |
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| Description: | Aims: The aim of this unit is to equip students with sufficient knowledge of accounting and finance to support the general management function and appreciate how specialist activities in these areas can contribute to the attainment of financial and business strategies and objectives. Learning Outcomes: By the end of the unit, students will be able to extract useful information for decision-making purposes from an analysis of financial statements and will be able to contribute effectively to discussions on funding alternatives, investment opportunities and company valuations and will be able to discuss and apply values, ethics and governance standards to common financial issues. Skills: Knowledge and understanding * An awareness of the principles of finance and accounting, where these activities fit into a business and how they can contribute to the attainment of the company's financial and business strategies and objectives; * An understanding of research and how to integrate the knowledge of a variety of functional and theoretical areas through application to organisational problems; * An appreciation of how values, ethics and governance standards apply to common financial issues. Skills * the ability to source and analyse data and information, to evaluate its relevance and validity, and to synthesise it in the context of topical business problems; * evaluate the current standing of an organisation and practically contribute to the attainment of their company's financial and business strategies and objectives; * operate effectively within teams as well as independently , assuming leadership roles where appropriate; * apply practical decision-making methods and tools at both tactical and strategic levels; * be self-directed and able to act autonomously in planning and implementing projects at professional levels; * an ability to reflect on their earlier learning and practice, so as to integrate new knowledge with past experience and effectively apply it to new situations; * an ability to develop a holistic perspective on an organisation and an understanding of how the different functions relate to one another. Content: The unit content may be described in three parts. Financial Accounting 1.Corporate financial reporting 2.Analysis and interpretation of corporate reports Management Accounting 1.Costing and business decisions 2.Budgeting and management control Financial management 1.Source and use of funds 2.Company valuation 3.Ethics and Governance. |
| Programme availability: |
MN50704 is Compulsory on the following programmes:School of Management
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