Programme/Approved Electives for 2022/23
None
Available as a Free Standing Elective
No
This module provides you with an insight into how the modern day business leader can use financial and non-financial information to support decision making. Geared towards non-accounting practitioners, the module presents financial management in its strategic and statutory context, enabling a wider appreciation of financial tools and techniques that can be utilised in your organisation.
Aims
This module investigates how the modern day business leader can use financial and non-financial information to support decision making. Under the umbrella of Financial Management it will draw on knowledge and techniques from a range of accounting and economic theory through a global perspective. The aim of the module is to enable a wider appreciation of financial tools and techniques and develop greater analytical and reflective skills.
Talis Aspire Reading ListAny reading lists will be provided by the start of the course.http://lists.lib.keele.ac.uk/modules/man-40092/lists
Intended Learning Outcomes
Evaluate the principles, methods and techniques involved in managing financial resources, and demonstrate knowledge and understanding through the application of these techniques to a given scenario: 1Critically evaluate selected accounting and financial management strategies and techniques used to aid decision making: 1Explain the requirement for financial governance, rules and regulations and appreciate the wider context and importance of effective financial control within an organisation: 1Reflect on their learning and identify areas for personal and professional development: 2
20% off the job learning to include:2-day workshops (on campus)6-hour online tutor-led activity 40 hours guided activity24 hours assessment preparationAdditional self-study requirements:40 hours self-study26 hours assessment preparation
Description of Module Assessment
1: Assignment weighted 80%Work-Based Assessment (3000 words or equivalent)Individual piece of coursework requiring the observation and analysis of the approaches to the use of financial analysis for decision making that participants observe in their organisation with a view to making recommendations for further organisational practice development.
With agreement with the module leader, you can choose the format of the outputs for this assessment as long as it clearly demonstrates the fulfilment of the assignment criteria, learning outcomes and your individual learning plan. Examples could include: 3000 word Report; 3000-word Case Study; 20 minute Video Presentation; A3 Poster. The module handbook provides more guidance and assessment criteria for each of these different outputs.
Note that your choice of outputs will need to balance across the whole programme to ensure that you are submitting a range of different outputs to fulfil the programme learning outcomes. This will be discussed and monitored as part of your learning plan and tripartite reviews.
2: Reflective Diary weighted 20%Reflective Diary (1500 words)A reflective diary of around 1500 words which allows the participant to reflect on the personal impact of their studies.