Management Concepts and Practice

Module description

Finance business partners require an understanding of the business that goes beyond the numbers. The role of the finance function is being transformed to collaborate more closely with the (other) internal functions of business, and not just from a monitoring, reporting, and risk management perspective, but also as supporters and enablers of performance. Accounting does not exist as an exclusive and independent function in an organisation, but to support internal users and decision-makers.

All professional accounting bodies require their members to have a working understanding of the profession as being integral to business decision-making and organisational management.  The need for accountants to possess strong contextual acumen and application, as well as clear communication skills has also been identified.

This module is designed to provide students on BSc Accounting programmes with a theoretical appreciation for, and active application of, some of the common management thoughts, frameworks, and practices used to understand organisations and their management, and evaluate the historical and current contexts in which they exist in order to have a unique end-to-end view of business and be a trusted advisor

Full module specification

Module title:Management Concepts and Practice
Module code:BEA1005
Module level:1
Academic year:2020/1
Module lecturers:
  • Ms Joanne Abraham - Convenor
Module credit:15
ECTS value:

7.5

Pre-requisites:

This module is for Accounting students only.

Co-requisites:

BEA1009 Introduction to Management Accounting

Cannot be taken with BEM1016 / BEM1016A

Duration of module: Duration (weeks) - term 2:

11

Module aims

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

Both the knowledge and skills introduced in this module provide a foundation for further exploration, development, and success in study and assessment throughout the undergraduate accounting programmes and into professional employment. Study and assessment provide opportunities to understand, adapt, and apply module knowledge, and build confidence in developing and using assimilation, evaluation, oral and written communications skills that are desired by employers and professional accounting. 

ILO: Module-specific skills

  • 1. describe the role of the manager in theory and in practice;
  • 2. explain concepts, models and practices related to motivation and leadership;
  • 3. explain the reasons for teams, and their benefits and challenges within the organisation;
  • 4. describe the factors that shape the culture of the organisation, in theory and practice;
  • 5. explain basic organisational structure concepts, designs, and influences;
  • 6. outline the strategy process, and be able to use frameworks to generate, analyse, and evaluate strategic options;
  • 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

  • 11. apply and evaluate models and theories in case study contexts and employment contexts;
  • 12. appreciate the relevance of organisations and management for future accounting/finance professionals;
  • 13. develop an overview of business processes that can be applied in further study and employment.

ILO: Personal and key skills

  • 14. information research, analysis, evaluation, synthesis, and communication;
  • 15. write academic essays and business reports in advising others;
  • 16. work independently and as part of an assigned group;
  • 17. actively develop a range of presentation skills.

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

Scheduled Learning and Teaching ActivitiesGuided independent studyPlacement / study abroad
321180

Details of learning activities and teaching methods

CategoryHours of study timeDescription
Learning and Teaching Activity22Lectures / Podcasts / Exercises
Learning and Teaching Activity10Tutorials
Guided Independent Study118Research, reading and reflection. Preparation for lectures, tutorials and assessments

Formative assessment

Form of assessmentSize of the assessment (eg length / duration)ILOs assessedFeedback method
Assigned work for tutorials2-3 hours preparation per week1-17Weekly Peer and Tutor Feedback - verbal and written weekly guidance and suggestions on ELE

Summative assessment (% of credit)

CourseworkWritten examsPractical exams
25750

Details of summative assessment

Form of assessment% of creditSize of the assessment (eg length / duration)ILOs assessedFeedback method
Group case-study presentation & Group case-study report.25Presentation –10 minutes. Group size 4-6 students. Report 2,000 words max1-17Verbal from tutor Marking and Feedback from Suggested solutions
Examination752 hours1-15Suggested solutions and generic feedback

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

Original form of assessmentForm of re-assessmentILOs re-assessedTimescale for re-assessment
Coursework and Examination2 hour examination (100%)1-15August/September Reassessment period

Re-assessment notes

Referrals / Deferrals / Mitigation: Two-hour examination worth 100% of module mark.

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
  • Operation Management
  • Quality
  • Information Technology and the Finance Function
  • Change Management
  • Marketing Concepts
  • Human Resource Management

Indicative learning resources - Basic reading

Basic reading:

  • Cole G.A. and Kelly P. (2015). Management Theory and Practice. (8th edition). Andover: Cengage

 

Indicative Subsidiary Textbooks (available from the library in hardbook and/or e-book formats):

  • Boddy D. (2017). Management: an Introduction. 7th edition. Harlow: FT Prentice Hall
  • Kurtz D. & Boone L. (2012).  Contemporary Business. 15th edition Hoboken, NJ: Wiley
  • Combe C. (2014). Introduction to Management. Oxford: Oxford University Press
  • Daft R. (2014). New Era of Management. 11th edition. Andover: Cengage
  • Ireland R., Hoskisson R. & Hitt M. (2012).  The Management of Strategy. 10th edition. Mason, Ohio; Andover: Cengage
  • Mullins L.with Christy G. (2013) Management Organisation & Behaviour. 10th edition. Harlow: Pearson.
  • Needle D. (2015). Business in Context. 6th edition. Australia: Cengage
  • Robbins S. & Coulter M. (2017).  Management. (14th edition). Pearson
  • Schermerhorn J. (2015). Introduction to Management. 13th edition. Hoboken, New Jersey: Wiley
  • Williams C. (2013). Principles of Management. 7th edition. Australia: Cengage

Module has an active ELE page?

Yes

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

Origin date

01/01/2006

Last revision date

27/03/2020