BM4117: Understanding Business and Financial Information

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Please note this module descriptor is indicative of the structure of this course and may be subject to change.

BM4117: Understanding Business and Financial Information

Module Title Understanding Business and Financial Information
Module Code BM4117
Module Tutor Archan Mehta
School Business School
CAT Points 15
Level of Study 4
Brief Description

Information plays a vital role in success of an organisation in any sector such as manufacturing, retail, services or the not-for profit sector.

This module explores many forms of data, financial and non-financial, and its effective use in organisations.  You will explore the difference between raw data and information and how information aids the decision making process within organisations.

You will develop your technical skills in generating and understanding information and its interpretation. 

Indicative Syllabus
  • The decision making process
  • The use of published financial data within organisations
  • Management accounting information to aid decision making
  • Exploring information for organisation financing options
  • Statistical analysis of operational and market data
  • Making sense of data to build business arguments

Presenting meaningful and relevant data for different business audiences

Learning Outcomes

On successful completion of the module the student should be able to:

  1. Use data to generate information for decision making purposes; (PLO4)
  2. Understand, interpret and analyse published financial information;  (PLO 4)
  3. Understand the role of management accounting information, and how it aids decision making in organisations; (PLO 1)
  4. Analyse and present statistical information for a variety of audiences; (PLO 6)

Utilise appropriate software for generating and analysing information for decision making.  (PLO 5)

Learning and Teaching Activities Scheduled Contact Hours: 36
Independent Learning Hours: 114
Assessment (For further details see the Module Guide) 001: 30% Coursework: Group work, presentation: 400 words or equivalent
002: 70% Coursework: Individual, standard written: 1500 words or equivalent
Special Assessment Requirements
Indicative Resources The current reading list can be found in the Module Guide, which your lecturer should make available via Moodle.

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