Unit code: T/618/7055 : Finance for Strategic Decision Makers

Learning Outcomes, Assessment Criteria and Indicative content

Learning Outcomes

When awarded credit for this unit, a student will:

Assessment Criteria

Assessment of this learning outcome will require a student to demonstrate that they can:

Indicative Content

1. Be able to evaluate financial information and other data necessary for making informed management decisions.

1.1 Analyse financial information techniques used to inform decision-making.

1.2 Evaluate the reliability and validity of these techniques.

1.3 Analyse the difference between data and information.

1.4 Analyse additional information / data that could be used to inform decision making, both qualitative and quantitative.

Decision-making techniques

2 Be able to apply and evaluate a range of accounting and data analysis techniques, as well as understand the workings of the financial markets.

2.1 Apply accounting and data analysis techniques.

2.2 Identify financial markets and their operation.

2.3 Assess the role of key market players.

2.4 Analyse the role of foreign exchange and its impact on decision-making.

Financial markets, institutions, and instruments

3 Be able to apply financial spreadsheets and recognise good spreadsheet practice in a business context.

3.1 Apply data to a financial spreadsheet and show how the tool can be used to provide information.

3.2 Analyse the role of data provision and presentation in providing managers with the opportunity to interpret data

3.3 Evaluate the rationale for data manipulation.

Introduction to strategic decisionmaking and statistical modelling