Undergraduate Programme and Module Handbook 2011-2012 (archived)
Module ECOS1171: BUSINESS AND FINANCE
Department: Business School (Economics and Finance) [Queen's Campus, Stockton]
ECOS1171: BUSINESS AND FINANCE
| Type | Tied | Level | 1 | Credits | 20 | Availability | Available in 2011/12 | Module Cap | None. | Location | Queen's Campus Stockton |
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| Tied to | N400 |
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Prerequisites
- None.
Corequisites
- None.
Excluded Combination of Modules
- None.
Aims
- To provide students with an understanding of how businesses operate and how accounting and finance functions support businesses in achieving their objectives,
Content
- Business objectives and functions
- Business and organisational structures
- The role of finance
- The role of the accountancy profession
- Governance, sustainability, corporate responsibility and ethics
- External environment
Learning Outcomes
Subject-specific Knowledge:
- identify the general objectives of businesses and the functions and tasks that businesses perform in order to meet their objectives
- specify the nature, characteristics, advantages and disadvantages of different forms of business and organisational structure
Subject-specific Skills:
- identify the purpose of financial information produced by businesses, specify how accounting and finance functions support business operations, and identifying sources and methods of financing for businesses and individuals
- specify the role of the accountancy profession and why the work of the profession is important
- identify the role that governance plays in the management of a business and specify how a business can promote corporate governance, sustainability, corporate responsibility and an ethical culture
- specify the impact on a business of the economic environment in which it operates.
Key Skills:
- 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 aim to deliver the appropriate practical skills for the main concepts and principles of business and financial decisions.
- The formative assessment, which will require background research on an organization, its environment, and relevant concepts, will assist students to prepare for the summative assessment.
- The summative assignment will take the form of a review of the main components of business and finance operations.
- The examination will test students’ ability to apply various business and finance techniques and use the results in order to take appropriate decisions.
Teaching Methods and Learning Hours
| Activity | Number | Frequency | Duration | Total/Hours | |
|---|---|---|---|---|---|
| Lectures | 10 | 4 per week | 2 hours | 20 | ■ |
| Seminars | 4 | Weekly | 2 hours | 8 | ■ |
| Critical Discussions | 1 | Annual | 2 hours | 2 | ■ |
| Preparation and Reading | 170 | ||||
| Total | 200 |
Summative Assessment
| Component: Assignment | Component Weighting: 40% | ||
|---|---|---|---|
| Element | Length / duration | Element Weighting | Resit Opportunity |
| Individual written assignment | 2500 words | 100% | |
| Component: Examination | Component Weighting: 60% | ||
| Element | Length / duration | Element Weighting | Resit Opportunity |
| Written examination | 1 hour 30 minutes | 100% | |
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