2018/19 Undergraduate Module Catalogue
LUBS2270 Commercial Skills for Finance Professionals
10 creditsClass Size: 110
Module manager: Alice Shepherd
Email: A.K.Shepherd@leeds.ac.uk
Taught: Semester 1 (Sep to Jan) View Timetable
Year running 2018/19
Pre-requisites
LUBS1915 | Introduction to Financial Accounting |
LUBS1925 | Introduction to Management Accounting |
Module replaces
LUBS2215 Business Skills for Accounting and FinanceThis module is not approved as a discovery module
Objectives
The module aims to build on students' knowledge of business strategy, budgeting and performance evaluation and the practical difficulties that companies can encounter in implementing a strategy in a competitive environment primarily through the development of skills. It enables students to create their own strategy and business plan which they can apply to a real life structured scenario.Learning outcomes
Upon completion of this module students will be able to:
- Summarise alternative business strategies and the implications of these for shareholders
Skills outcomes
Upon completion of this module students will be able to:
Transferable
- Extract and analyse relevant information from structured and unstructured scenarios and data in order to identify problems and define solutions
- Competently apply numerical and statistical skills to manipulate and interrogate financial and other numerical data
- Work effectively in a team
- Present coherently to an audience
- Present quantitative and qualitative information, together with analysis, argument and commentary
- Construct and strategize a business plan
Subject specific
- Confidently articulate their own strengths and weakness working as part of a group and reflect on and evaluate their own learning experience including business performance
Syllabus
Indicative content:
- Introduction to alternative business strategies and the implications of these for shareholders
- Data analysis techniques for strategic decision making
- Strategic risk assessment and management techniques
- Introduction to competitive advantage and marketing strategies
- Preparation of a business plans: format, content, language
- Performance reporting and monitoring
- Reflective writing
- Case study analysis
Teaching methods
Delivery type | Number | Length hours | Student hours |
Lecture | 6 | 1.50 | 9.00 |
Seminar | 5 | 1.50 | 7.50 |
Private study hours | 83.50 | ||
Total Contact hours | 16.50 | ||
Total hours (100hr per 10 credits) | 100.00 |
Private study
Students are required to undertake the specified pre-reading and preparation in advance of the seminars based on the material introduced in the lectures. The bulk of the private study will involve data analysis and research in order to prepare a business plan. Once the business simulation game is underway, they will need to work as a group to analyse their results and those of their competitors in order to make decisions. They will also need to work together to present their results and then individually reflect on their performance and that of their fellow group members.Opportunities for Formative Feedback
Students will be able to monitor their progress in grasping the theoretical content of the module in the seminar sessions. Solution notes for seminar activities will be made available. Once the game is underway, they will be able to monitor their business performance in comparison with other groups. Feedback given on the business plans submitted early in the course should assist students with performance monitoring throughout the game and with preparing the group presentation and reflective log.Methods of assessment
Coursework
Assessment type | Notes | % of formal assessment |
Group Project | Business Plan, 1,700 words | 40.00 |
Presentation | Group presentation, end of business game performance report | 30.00 |
Reflective log | Individual reflective piece of 1,000 words - group performance/learning experience | 30.00 |
Total percentage (Assessment Coursework) | 100.00 |
The resit for this module will be 100% by coursework.
Reading list
The reading list is available from the Library websiteLast updated: 12/12/2018 10:48:53
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