MG459      Half Unit
Foundations of Management 2

This information is for the 2016/17 session.

Teacher responsible

Dr Yally Avrahampour NAB 4.37


This course is compulsory on the MSc in Management, MSc in Management (CEMS MIM) and MSc in Management (MiM Exchange). This course is not available as an outside option.

Course content

The aims of this course are to provide a basic grounding in the management literatures covering disciplines relating to financial control and management science, and of the literatures on the evolving managerial, organisational and professional contexts within which these disciplines are practiced.  Students will be provided with an overview of each discipline with the aim that they acquire a basic working knowledge of each.  The course will cover origins and disciplinary boundaries, the foundations of these disciplines in the social sciences, core concepts, practical applications and current state of play and debate. Weekly topics include:

1: Making Business Decisions that Commit Capital

2: Representing a Firm’s Financial Condition: 1

3: Valuing and Managing Costs

4: Balanced Performance Measurement

5: Measuring Shareholder Value


7: Representing a Firm’s Financial Condition: 2

8: Individual and Institutional Investors in a Historical Context

9: Occupations, Professions and Expertise

10: Organisation and Management Theory

11: Origins of Management Science


20 hours of lectures and 30 hours of seminars in the LT. 3 hours of lectures in the ST.

Weeks 1-11: LT: 1 two hour lecture and 1 three hour case discussion, weekly. Students on this course will have a reading week in Week 6 of LT, in line with departmental policy

Formative coursework

Students will be expected to produce 1 essay in the LT.

Indicative reading

Weeks 1-7: Kaplan, R. & Atkinson, A. (1998) Advanced Management Accounting; Weetman, P. (2011)  Financial  Accounting: An Introduction; and Berk, J. & DeMarzo, P. (2007) Corporate Finance.

Weeks 8-10: Chandler (1977) The Visible Hand

Week 11: Keys, P. (1994). Understanding the Process of Operational Research.


Exam (75%, duration: 2 hours, reading time: 15 minutes) in the main exam period.
Essay (25%, 1500 words) in the LT.

Key facts

Department: Management

Total students 2015/16: 89

Average class size 2015/16: 45

Controlled access 2015/16: Yes

Lecture capture used 2015/16: Yes (LT)

Value: Half Unit

Guidelines for interpreting course guide information

Personal development skills

  • Self-management
  • Team working
  • Problem solving
  • Communication
  • Application of numeracy skills
  • Commercial awareness
  • Specialist skills