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 |
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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 |
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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 |
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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 |
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(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; |
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(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; |
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(LO3) Recognise and explain ethical issues, and where ethical dilemmas arise, recommend and justify appropriate actions, including ethical safeguards; |
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(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; |
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(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. |
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(S1) Adaptability |
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(S2) Problem solving |
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(S3) Numeracy |
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(S4) Commercial awareness |
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(S5) Organisational skills |
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(S6) Communication skills |
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(S7) International awareness |
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(S8) Lifelong learning |
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(S9) Ethical awareness |
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(S10) Leadership |
Teaching and Learning Strategies |
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Lectures x 63 hours Formative Progress Test x 3.5 hours Self-directed learning hours x 133.5 |
Syllabus |
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1. Business strategy and management; 2. Finance; 3. Corporate reporting; 4. Assurance; 5. Ethics. |
Recommended Texts |
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Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module. |