Management decision making is a complex subject involving many variable factors. The primary objective of this module is to provide a conceptual and analytical framework for looking at organisations operating in capital, financial and operational markets. You’ll explore the financial element contained in decisions and the techniques that may be used to assist informed management decisions. You start by considering the availability of financial information that may be relevant to decision making and whether this fits with the information you need to make the decision. This is further developed to the type of decision and differing requirements, leading to a more bespoke deliverable information set that meets the context of the decision. You’ll gain an appreciation of core themes prevalent throughout financial management. The module also explores the financial techniques developed by financial and management accountants and how they may be used and applied. Finally, consideration is given to the relevance and weighting of the financial element in the decision making process and how qualitative issues may be incorporated in the overall decision. Strategic financial management issues covered include financial statement analysis, budget and performance management, raising finance (both short and long term), efficient allocation and utilisation of financial resources (including investment decisions), and mergers and acquisitions as well as foreign currency and interest rate risk management. Different organisations and sectors are covered to develop your knowledge and skills in finance and business analysis through practical tasks involving developing financial strategies, conducting a financial analysis, managing foreign currency risks and by using professional database such as FAME and Osiris, etc.

In this module, you’ll explore core principles of economics through the lens of consumer and firm behaviour. How do people decide what to buy, and how much? How do businesses set prices and determine how much to produce? You’ll be introduced to traditional economic models of how consumers aim to maximise their satisfaction, and you’ll discover the behavioral economics perspective, revealing how real-world decision making often strays from traditional economic models due to decision biases and heuristics. These behavioural insights are essential for understanding real-world consumer behaviour and designing effective business strategies. You’ll also learn how firms operate to maximise profits in different market structures, from perfect competition to monopoly, and how supply and demand shape market outcomes. By the end of the module, you’ll have a comprehensive framework for analysing consumer and firm behaviour, and you’ll be able to apply economic reasoning and behavioural insights for effective decision-making in the real world.

International Trade Policy introduces the economics of international trade. It seeks to equip you with the theoretical knowledge to explain the patterns of global trade and to explore policy issues relating to international trade. You’ll be introduced to classical theories of trade, including the Ricardian theory of comparative advantage and the Heckscher-Ohlin model, as well as more modern approaches based on increasing returns and imperfect competition. You’ll develop the ability to analyse the economic effects of trade policies such as tariffs, subsidies, import quotas and strategic trade policy. Both the efficiency effects of trade policy and the political economy of who wins and who loses are examined. You will also develop an understanding of why countries join international trade agreements, of the costs and benefits of bilateral and multilateral trade agreements, economic integration, and the role of the World Trade Organisation in the management of international trade and the settling of trade disputes

This module will develop the skills and knowledge necessary to collect, manipulate and analyse business data to produce, and effectively explain, data-driven answers to real-world business and managerial questions. The first part of the module covers research design and the collection and management of data. Next, you will explore various methods of analysing structured and unstructured data. Finally, the module explores interpreting, visualising and communicating results. During the student-led workshops, you will practice applying the methods covered to business-related datasets using statistical software. No prior knowledge of statistical software is assumed. By the end of the module, you will be able to rigorously analyse a variety of data and communicate your results to specialists and non-specialists, including the unavoidable uncertainties of such analysis.

Organisations and managers have to adapt, change and evolve to meet the conflicting, competing and complex business related environmental change factors, whose rate of change is developing at an exponential rate. Irresistible influences from National, International and Global Macro. Micro and Operating environments are shaping and influencing contemporary management theories and practice. Today’s managers must equip themselves with new skills and knowledge in order to interact with and respond to the emerging challenges that change brings and where appropriate take the required corrective action. Business leaders are required to develop higher level management skills, especially critical evaluation and decision making within National, International and Global contexts, when needing to respond effectively to the challenges within these constantly changing operating environments This module provides professional managers with an opportunity to consider reflect and critically appraise a range of current contemporary management issues, including developing International lenses of reference from a theoretical and practical application whilst relating these factors to the art of management.

The course content will provide a framework to assess how these issues impact within organisations and how managers are able to react to these issues. The module will develop within students a critical appreciation of the challenges faced by management professionals in developing responses to business environment conditions which are complex, dynamic and diverse. This module engages students with contemporary issues in context with associated links to organisational strategy and management approaches and systems related to information, networks and collaborations as well as organisational learning. In achieving its overall objectives, the module will encourage students to further develop, engage, evaluate and critique their contemporary understanding with a view to the realities of practice and organisations. Students will consider interactions, theories and frameworks that explain contemporary issues and ground this in organisational and individual contexts. It is widely accepted that such issues are crucial to the viability of organisations across all sectors and contexts and the creation of value (however defined). As a result both the study mode and module content further facilitate the application of, and reflection on, theory and understanding in practice and this is evidenced in the learning outcomes and the associated development of the individual’s understanding.

This major project module allows students to engage in a substantial piece of individual research focussed on a topic relevant to their business degree award and specialist subject area under the supervision and guidance of a member of academic staff. This module requires students to develop their chosen topic into a specific project under the guidance of their supervisor. Supervisors will discuss with students contemporary research problems and issues based on their research and practice, and students will be required to conduct literature reviews, evaluate and critically appraise a range of information, investigate and adopt suitable theoretical frameworks, research methodologies and methods, and process and analyse data to produce a coherent and justified solution to the problem(s) identified. Throughout the module your supervisor will support you in terms of content and skills development so that you can work semi-autonomously on your individual research project. This is achieved through regular supervisory meetings throughout the year, which will allow for individual discussion of the tasks that will have to be completed in order to develop the project smoothly. Students will receive formative and constructive feedback from their supervisors in order progress their research to a conclusion. Attendance at meetings and engagement with the proposed tasks are essential to successful completion of the project.