20 credits at level HE6
This module aims to enhance students’ expertise and understanding of the financial aspects underpinning the management of media, digital and creative industries businesses. In doing so, it will assist students to:
Judge the financial - performance of companies and operations.
Make decisions on investment in -new systems, technology and equipment.
Understand the relationship - between cost and price, and be able to calculate appropriate prices for products and services.
Be able to develop and manage budgets.
• Sources of finance
• Management accounting
• Capital expenditure
• Investment appraisal
• Whole life cycle costing
• Pricing Strategies
• Target costing
• Contribution/marginal costing
• Costing of resources
• Budgets, managing budgets, estimating, budgetary control
• Financial risk
A variety of teaching and learning methods including; lectures, seminars and presentation, practical work, e-learning (Web-CT), workshops, tutorials, study groups, videos, independent study, directed reading and research are employed to develop the knowledge and skills of a diverse group of learners.
Typical allocation of working hours would be:
Formal Lectures 21
Assignment Work 60
Directed Reading 38
Background Research 60
Total Hours: 200
The Learning outcomes will be assessed through a case study report (3000 words), and a written examination.
when you have successfully completed this module you will:
to demonstrate that you have achieved the learning outcome you will:
|1.||Demonstrate ability to measure the financial performance of companies.||Review case study company and benchmark against competitors. Calculate appropriate financial ratios for supply chain management.|
|2.||Be able to appraise potential IT, plant, machinery, facility investment proposals.||Review case study material and recommend appropriate investment decisions.|
|3.||Be able to estimate costs, and develop pricing strategies.||Review case study material and analyse cost data and make pricing decisions.|
|4.||Be able to develop and manage budgets.||Carry out calculations under examination conditions and develop/manage budgets for a case study company.|
Your achievement of the learning outcomes for this module will be tested as follows:
|Description||Case Study||Examination. 4 questions out of 6|
There are no prerequisites for this module.
No restrictions apply.
Pike R, Corporate finance and investment : decisions and strategies, Harlow : Financial Times/Prentice Hall, 2005
Arnold, G. Handbook of corporate finance. Harlow : Financial Times Prentice Hall, 2004.
Watson, D, Corporate finance : principles & practice Harlow, Eng. ; New York : Prentice Hall Financial Times, 2004
The international handbook of corporate finance Chicago : New York : Glenlake Pub. Co ; AMACOM, c2000..
Journals and online sources
Finance topics are addressed in a wide range of publications; therefore it is not constructive to recommend specific journals. Students would be advised on relevant articles at the time of delivering modules.
|Host Subject Group:||Business Logistics and Information Systems|
|User Name||Date Accessed||Action|