The module aims to provide students with a basic understanding of some of the core elements within this field. The module will in particular concentrate on the specific areas of Banking, Finance, Management and Accounting and will give students an opportunity to apply theoretical concepts to key organisations, companies and institutions. The module will enable students to develop their analytical skills as well as aid them in developing their practical knowledge of this dynamic sector. The module draws extensively on the critical analysis of case-studies which students are introduced to during the seminar sessions. These are furthermore used to promote the development of group tasks and small scale research projects.
Module Aims
1. To ensure that students obtain a broad understanding of basic business concepts and terminology
2. To enable students to develop their analytical skills by applying theory to practice within the four areas
3. To give students the opportunity to engage actively and critically with case-studies, balance sheets and other practical elements
4. To take an active part in group discussions and contribute to small scale group tasks
5. To provide opportunities for discussions of the taught material and enable students to engage with research tasks and projects
Learning Outcomes
On successful completion of the module a student will be expected to be able to demonstrate:
1. An ability to couple key theoretical concepts to practical application
2. An appreciation of how the areas of Banking, Finance, Management and Accounting are linked
3. An ability to undertake a basic analysis and justification of common conceptual and practical issues related to the areas of Banking, Finance, Management and Accounting.
4. An ability to communicate ideas efficiently in written form.
Syllabus
Accounting
Income statements
Balance sheets
Ratios
Accounting Regulations
Management
Motivation. Theory
Leadership styles
Work culture
Recruitment and selection
Banking
Introduction to banking and money markets
The role of different types of banks
Banking functions
Banking case studies
Finance
Sources of finance
Short-term finance
Long-term finance
Investment companies
Organisations and financing options