Undergraduate Programme and Module Handbook 2016-2017 (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 2016/17 | Module Cap | 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:
- Have an understanding of the general objectives of businesses and the functions and tasks that businesses perform in order to meet their objectives
- Have knowledge of the nature, characteristics, advantages and disadvantages of different forms of business and organisational structure
- Have an understanding of the purpose of financial information produced by businesses
- Have an understanding of the role of the accountancy profession and why its work is important
- Have an understanding of the role that governance plays in the management of a business, and how a business can promote corporate governance, sustainability, corporate responsibility and an ethical culture
Subject-specific Skills:
- Be able to identify sources and methods of financing for businesses and individuals
- Be able to critically analyse the impact on a business of the economic environment in which it operates
Key Skills:
- Critical analysis and judgement skills.
- Problem solving 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 taught classes and independent study; investigation of cases and real world organisations will encourage students to develop awareness of cultural differences and apply these to the development of their skills in managing themselves and others in such contexts.
- Classroom activities and independent study will help students acquire the appropriate practical skills for the main concepts and principles of business and financial decisions.
- The examination will address the 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 | |
|---|---|---|---|---|---|
| Classes (Note: this module is delivered by an approved external provider. A range of learning and teaching methods will be used as appropriate to the subject-matter and learning outcomes.) | 25 hours in total | ||||
| Independent study, including preparation for formative and summative assessment | 175 hours | ||||
| Total | 200 |
Summative Assessment
| Component: Examination | Component Weighting: 100% | ||
|---|---|---|---|
| Element | Length / duration | Element Weighting | Resit Opportunity |
| Online computer based examination | 1 hour 30 minutes | 100% | Same |
Formative Assessment:
Online tests
■ 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