In your final year, you will study four core areas in depth: corporate reporting and analysis, management accounting, business ethics and sustainability, and financial markets.
There are also more opportunities for you to tailor the course to your interests and career aspirations through optional modules.
Advanced Corporate Reporting and Analysis
This module covers advanced financial reporting topics including:
- accounting conceptual framework
- accounting measurement and recognition issues
- special topics
Advanced Management Accounting
Business Ethics and Sustainability
This module explores the (inter)relationships between business, society and the environment through the theories and practices of business ethics and sustainability. You will be introduced to different ethical frameworks that can be used to understand a business' responsibilities to a broad range of stakeholders; ranging from investors and customers, to employees, communities and ecosystems.
The module equips you with the capacity to describe and address specific situations that enable and/or constrain ethical and sustainable decision-making in businesses. Ultimately, the module develops your 'moral imagination' - to become responsible managers of the future - in light of competing stakeholder expectations, situational factors, and broader challenges of sustainability.
Financial Markets: Theory and Computation
This module examines the workings of the major financial markets. Markets for equity and debt are dealt with (money and foreign exchange markets are also the focus) as are markets for derivative instruments. The module covers the key theoretical models of modern finance, key market conventions and mechanisms, financial risk management with derivative instruments.
This module covers more complex issues in:
- income tax
- national insurance contributions
- corporation tax
- capital gains tax and value added tax on individuals and entities
- inheritance tax theory and practice
- interaction between different taxes
- international tax issues
- more complex tax planning considerations
- current issues and developments
This module will provide an introduction to econometric techniques for modelling data. Topics to be covered include:
- panel data modelling (difference-in-difference models; regression discontinuity designs; experiments)
- qualitative response models
- time series models
Behavioural Economics and Finance
This module will provide you with an understanding of methods, results and models of behavioural economics and behavioural finance. We will talk about experiments and their importance in several fields. Within this context we will cover topics such as:
- how to design an experiment
- asset markets
- labour markets
- social dilemmas
- behavioural finance
- market structure
You will learn how to design your own experiment and how to interpret empirical results.
Business School Dissertation
This module is an opportunity for you to work largely independently and in depth on a subject of your choice to be approved by staff from the Business School.
Business, Government and Public Policy
You will be encouraged to understand the political and institutional frameworks within which business operates. Businesses do not simply react to policies set by government however; they are intimately involved in the processes of policy formation and decision making will be examined. You will be encouraged to think critically about policy formation and the role of business in this process.
Corporate Restructuring and Governance
This module examines the antecedents and consequences of corporate restructuring. Factors triggering corporate restructuring are considered in a number of alternative organisational settings. In particular, the role of corporate governance in inducing and shaping corporate restructuring receives special attention (in particular, executive compensation and the market for corporate control).
The process of restructuring is discussed against a background of resource-based, agency and behavioural theories of the firm. The impact of corporate restructuring on the size, complexity, incentive systems and ownership structure of large firms is examined. Finally, the evidence relating to the effects of corporate restructuring on performance, employment, R&D and corporate governance is examined.
This module will offer an introduction to some theoretical concepts related to the allocation of risk by financial institutions. Then it will apply these concepts to the analysis of financial and banking crises.
This module discusses and analyses the management of the international finance function of firms. Typical issues include:
- foreign exchange markets
- foreign exchange and other international risks
- international financial markets
- international investment decisions
- foreign trade
Law and Economics
This module covers:
- introduction to law and economics: the Coase theorem, property rights and transaction costs
- economics of corporate law: ownership, agency and governance structures
- economics of contract law: efficient breach and efficient remedies
- economics of tort law: efficient liability rules
- economics of criminal law: fines and imprisonment
- economics of legal processes: litigation, settlement and trial
- competitive markets: products liability
- non-competitive markets: economics of antitrust law and regulation
Managing Equality, Diversity and Inclusion
This module covers:
- key concepts and definitions
- contextualising equality, diversity and inclusion (EDI)
- EDI in organisations: equal opportunity, diversity and 'mainstreaming' approaches
- implicit bias
- managing for EDI: organisational interventions.
This module examines the strategic importance of manufacturing and service operations, and the key links between operations and other functional strategies.
The module explores the importance of a properly formulated and explicit operations strategy to ensure the development of a successful business.
The module discusses the interdependence of policies for capacity, technology, supply networks, development and organisation.
Plant Location and Design
This module provides an understanding of the factors which influence a company's choice of location, and of how to approach the design of layouts to support a company's strategic objectives and maximise the efficiency of its operations.
Risk Management Processes
This module will discuss the processes utilised by corporate enterprises to manage the risk of fortuitous loss. Once corporate risks have been identified and their impact on the firm measured, risk management attempts to control the size and frequency of loss, and to finance those fortuitous losses which do occur.
Risk, Information and Insurance
This module examines individual decision-making under conditions of risk and uncertainty, and investigates the effectiveness of insurance as a means of controlling risk.
Strategic Innovation Management
This module introduces you to key strategy and innovation concepts and tools which are relevant to dynamic markets in which there is rapid change in knowledge and skills, technologies, products, and services. Topics covered include:
- creating and sustaining competitive advantage in dynamic markets
- dynamic capabilities
- first and second mover advantages in innovation
- industry life cycles
- new product development and technology lock-ins
- innovation in services (public and private sector)
Technology Entrepreneurship in Practice
This module aims to provide you with the skills, knowledge and practical experience required to respond to the challenges involved in managing, commercialising and marketing technological innovation and new business development.