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Management Concepts and Practice

Module description

Accounting and Finance business partners require an understanding of an organisation that goes beyond the numbers. They do not work exclusively and independently, but to support and collaborate with other internal functions, users, and decision-makers as enablers of performance.

This module is designed to meet professional accounting body requirements to provide members with a working understanding of the profession in the context of business decision-making and performance. Students will gain knowledge and comprehension of the roles of managers, management theories, organisation culture, structure, and teams, strategy, and other important functional areas.

Module aims - intentions of the module

The purpose of BEA1005 is to enable future accounting and finance professionals to better appreciate the organisation contexts in which they will be working, so that they can contribute towards successful business performance in their future roles and activities.

Both the knowledge and skills introduced in this module provide a foundation for further exploration, development, and success in study and assessment throughout undergraduate study and into professional employment.

There are also opportunities to build confidence in developing and using a range of employability and communication skills that are desired by employers and professional accounting bodies.

Intended Learning Outcomes (ILOs)

ILO: Module-specific skills

On successfully completing the module you will be able to...

• 1. explore the role of the manager within contemporary organisational contexts;
• 2. identify the general objectives of businesses and the structures, functions and tasks performed in order to meet objectives;
• 3. recognise the principles of management and leadership, and how teams and individuals are recruited, managed, and motivated;
• 4. explore the internal and external environments in which a business operates for strategic and operational decision-making;
• 5. identify key features, benefits and risks of different technologies.
• 7. explain and discuss the scope, processes and responsibilities of operations management;
• 8. research and discuss the impact of information technology changes on accounting and finance in organisations;
• 9. explain change management and overcoming barriers to change;
• 10. appreciate the scope, processes and challenges in marketing and human resource management.

ILO: Discipline-specific skills

On successfully completing the module you will be able to...

• 6. appreciate the organisation and management contexts within which accounting/finance professionals work and create value towards optimising business performance.
• 13. develop an overview of business processes that can be applied in further study and employment.

ILO: Personal and key skills

On successfully completing the module you will be able to...

• 7. work in both independent and group-based contexts to achieve objectives;
• 8. assimilate and apply a variety of information, models, and theories to understand a business situation and prioritise key drivers or issues;
• 9. structure and analyse information to provide creative and pragmatic evaluations and solutions with professional scepticism;
• 10. start to build confidence to use own perspective, views and ideas to contribute to understanding problems and opportunities, and in improving business performance;
• 11. summarise and communicate conclusions, recommendations and reservations in formats relevant and appropriate to the recipient and other relevant stakeholders.

Syllabus plan

Topics will introduce foundation knowledge of a variety of broader and functional organisational elements:

• Manager Roles
• Management Theories
• Motivation Theories 
• Leadership
• Teams and Virtual Teams
• Organisation Culture
• Organisation Structure
• Strategic Analysis
• Change Management
• Operations Management
• Information Technology and the Finance Function
• Marketing Concepts
• Human Resource Management

Learning activities and teaching methods (given in hours of study time)

Details of learning activities and teaching methods

Formative assessment

Summative assessment (% of credit)

Details of summative assessment

Details of re-assessment (where required by referral or deferral)

Re-assessment notes

Referrals / Deferrals / Mitigation:  Only students who fail the whole module will be re-assessed with an individual assignment or summer examination, whichever is relevant as above.

Indicative learning resources - Basic reading

Resources

In this module, you are encouraged to develop your understanding and application through CONTEXT rather than just memorizing and repeating TEXT.  Articles from a range of accounting and management sources will posted to ELE as they are published. Case studies will also be provided. 

Most management texts can be useful in studies for this module.  Knowledge content is taken from a wide range of texts, websites, and articles, most of which will be accessible as library e-books or web links.

Indicative learning resources - Web based and electronic resources

All of the topics in this module are highly relevant in business and management, and so there are many recent news stories, articles, analysis, examples, and reports to be found online, especially from professional accountancy bodies.

Web-based and electronic resources are also available on the module ELE page

Key words search

Management;  Business strategy; Theories; Accounting; Finance