Module ECOS1161: MANAGEMENT INFORMATION

Department: Business School (Economics and Finance) [Queen's Campus, Stockton]

ECOS1161: MANAGEMENT INFORMATION

Prerequisites

• None.

Corequisites

• None.

Excluded Combination of Modules

• None.

Aims

• To enable students to prepare essential financial information for the management of a business.

Content

• Costing and pricing
• Budgeting and forecasting
• Performance management
• Management decision making

Learning Outcomes

• establish the costs associated with the production of products and provision of services and use
• them to determine prices
• select appropriate budgeting approaches and methods and prepare budgets

• identify key features of effective performance management systems
• select appropriate performance measures
• calculate differences between actual performance and standards or budgets
• identify and calculate relevant data for use in management decision making.

• have acquired appropriate skills for the synthesis of data.
• have developed problem-solving and analytical skills

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

• Learning will be based on knowledge transfer from lectures, seminars and personal study. Investigation of cases and real world organizations, in seminars, will encourage students to develop awareness of cultural differences and apply this to the development of their skills in managing themselves and others in such contexts.
• Seminar activities and discussions will focus on application of the key management accounting techniques which underpin management decision making.
• The formative assessment, which will require students to demonstrate their understanding of relevant management accounting treatments and concepts, will assist them to prepare for the summative assessment.
• The examination will test students’ understanding of the main management accounting concepts and their ability to apply relevant technical treatments.
• The summative assignment will further test students’ understanding of relevant management accounting treatments and concepts, as the basis for a review of different management decision making processes.

Teaching Methods and Learning Hours

Summative Assessment

Formative Assessment:

On line assessment via DUO.

■ Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University