ULMS Electronic Module Catalogue

The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module.
Title STRATEGIC BUSINESS MANAGEMENT
Code ACUL708
Coordinator

 
Year CATS Level Semester CATS Value
Session 2021-22 Level 7 FHEQ Second Semester 20

Pre-requisites before taking this module (other modules and/or general educational/academic requirements):

ACUL705 FINANCIAL STRATEGY 

Modules for which this module is a pre-requisite:

 

Programme(s) (including Year of Study) to which this module is available on a required basis:

 

Programme(s) (including Year of Study) to which this module is available on an optional basis:

 

Teaching Schedule

  Lectures Seminars Tutorials Lab Practicals Fieldwork Placement Other TOTAL
Study Hours 63

        3.5

66.5
Timetable (if known)              
Private Study 133.5
TOTAL HOURS 200

Assessment

EXAM Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
Examination There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment. Assessment Schedule (When): Semester 2  3.5 hours    100       
CONTINUOUS Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
             

Aims

This module aims to enable students to:

Analyse and identify the external environment and internal strategic capability of an entity; evaluate the consequences of strategic choices; recommend strategies to achieve stakeholder objectives, recommend appropriate methods of implementing strategies and monitoring strategic performance; including management of business risks; and advise on corporate governance;

Identify and advise upon appropriate finance requirements; evaluate financial risks facing a business and advise upon appropriate methods of managing those risks; provide valuations for businesses and securities; and advise upon investment and distribution decisions;

Recognise and explain ethical issues, and where ethical dilemmas arise, recommend and justify appropriate actions, including ethical safeguards;

Interpret and apply corporate reporting information in evaluating business and financial performance; recognise and explain the corporate reporting con sequences of such decisions; apply corporate reporting information in appropriate models to determine asset, equity and entity valuations, demonstrating an understanding of the usefulness and limitations of accounting information in this context;

Understand and explain the role of assurance in raising new equity and debt funding and in the subsequent monitoring of such funding arrangements; understand, explain and evaluate the role of assurance in selecting and implementing key business decisions including acquisitions and strategic alliances; understand and explain the role of assurance in financial and business risk management.


Learning Outcomes

(LO1) Analyse and identify the external environment and internal strategic capability of an entity; evaluate the consequences of strategic choices; recommend strategies to achieve stakeholder objectives, recommend appropriate methods of implementing strategies and monitoring strategic performance; including management of business risks; and advise on corporate governance;

(LO2) Identify and advise upon appropriate finance requirements; evaluate financial risks facing a business and advise upon appropriate methods of managing those risks; provide valuations for businesses and securities; and advise upon investment and distribution decisions;

(LO3) Recognise and explain ethical issues, and where ethical dilemmas arise, recommend and justify appropriate actions, including ethical safeguards;

(LO4) Interpret and apply corporate reporting information in evaluating business and financial performance; recognise and explain the corporate reporting consequences of such decisions; apply corporate reporting information in appropriate models to determine asset, equity and entity valuations, demonstrating an understanding of the usefulness and limitations of accounting information in this context;

(LO5) Understand and explain the role of assurance in raising new equity and debt funding and in the subsequent monitoring of such funding arrangements; understand, explain and evaluate the role of assurance in selecting and implementing key business decisions including acquisitions and strategic alliances; understand and explain the role of assurance in financial and business risk management.

(S1) Adaptability

(S2) Problem solving

(S3) Numeracy

(S4) Commercial awareness

(S5) Organisational skills

(S6) Communication skills

(S7) International awareness

(S8) Lifelong learning

(S9) Ethical awareness

(S10) Leadership


Teaching and Learning Strategies

Lectures x 63 hours
Lectures will be delivered in full day blocks. A full day block of lectures involves the student attending class from 9am to 4.30pm with breaks. The day involves a range of activities which can include lectures, guided scenario and question practice, group work and open discussion on relevant business areas. Full day contact with academic staff therefore provides the opportunity for students to interact with each other and with academic staff, to work in teams and receive real time guidance.

Formative Progress Test x 3.5 hours
Unscheduled directed student hours (time spent away from the timetabled sessions but directed by the teaching staff).

Self-directed learning hours x 133.5
Self-directed learning includes wider reading on the related topic areas from academic and professional journals and the financial press, reflection on lecture content and sourcing and attempting scenario-based exercises. Structured preparation for mid-term tests also requires self-directed learning.


Syllabus

 

1. Business strategy and management;

2. Finance;

3. Corporate reporting;

4. Assurance;

5. Ethics.


Recommended Texts

Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module.