Course Details in 2020/21 Session
|Module Title ||LC Decision Making and Control|
|School||Birmingham Business School|
|Department || Birmingham Business School|
|Module Code || 07 32181 |
|Module Lead ||Alex Lin|
|Level || Certificate Level |
|Credits || 20 |
|Semester|| Semester 2|
|Restrictions || None |
|Exclusions || |
|Description || This module provides students with core skills relating to the use of financial and other information for making decisions and controlling the operations of an organisation. The module introduces students to the core accounting techniques that can underpin and inform decisions and allow for control processes to operate. Using ideas from strategic management accounting the module extends this to show how accounting and other information can be used together to improve business decision making. The module uses examples of typical decisions as exemplars and develops students’ analytic and decision making skills as they work to develop recommendations based on cases. The module will build students’ skills in using analytic tools to manipulate information and to present information in ways understandable to potential users. |
|Learning Outcomes || By the end of the module, students should be able to:|
- Explain the main concepts of management accounting and business analytics and the context in which they operate.
- Outline the history of management accounting and how it shapes contemporary management accounting practice.
- Apply the basic concepts, techniques and practices of business analytics and management accounting, to solve structured problems in managing organisations.
- Compare the alternative approaches and theories of management accounting.
- Discuss the use of management accounting and other information in organisational management and the strengths of varying approaches.
- Assess the potential of analytic techniques in addressing business issues.
- Identify and apply a range of analytical techniques to business cases.
32181-01 : Group Case Study : Group Assessment - Coursework (40%)
32181-02 : Group Participation : Group Assessment - Practical (10%)
32181-03 : 3 hr Exam : Exam (School Arranged) - Written Unseen (50%)
|Assessment Methods & Exceptions || Assessments:Group report, 3,000 words (40%) ; Participation (10%), 3 hour examination (50%) |
|Other || |