MG101      Half Unit
Core Business Disciplines I: Finance and Operations Management

This information is for the 2014/15 session.

Teacher responsible

Mr David Newton and Dr Elisabetta Bertero

Availability

This course is compulsory on the BSc in Management. This course is not available as an outside option nor to General Course students.

Course content

This course is the first part of two integrated core courses in management. The aim is to provide students with an understanding of the drivers of organisational performance and with an introduction to finance. Organisational performance will include process flow analysis, inventory management, assembly line balancing; supply chain management; quality management and scheduling. The Finance part will include an introduction to the financial decisions of firms, in particular capital budgeting; the financial decisions of households; elements of international finance; the role of the financial system in the economy and the flow of funds; causes and consequences of the recent financial crises.

Teaching

10 hours of lectures and 9 hours of classes in the MT. 10 hours of lectures and 10 hours of classes in the LT. 1 hour and 30 minutes of classes in the ST.

Formative coursework

One formative essay of 2000 words will be set in the Michaelmas Term for the Operations Management part and classwork exercises will be set in the Lent Term for the Finance part.

Indicative reading

Krajewski, L. J. and L. P. Ritzman (2002). Operations management:

processes and value chains. USR, NJ, Prentice Hall; Hopp, W. J. (2011).

Supply chain science. Waveland Press; Hillier, D., Iain Clacher, S. Ross, R

Wetserfield and B. Jordan (2011) Fundamentals of Corporate Finance,

McGraw-Hill.

Assessment

Exam (50%, duration: 1 hour and 30 minutes) in the main exam period.
Project (50%, 4000 words) in the LT.

The exam will assess the Finance part of the course; the group project will assess the Operations Management part of the course. Students must pass both project and exam to pass the course.

Key facts

Department: Management

Total students 2013/14: 115

Average class size 2013/14: 15

Capped 2013/14: No

Lecture capture used 2013/14: No

Value: Half Unit

Guidelines for interpreting course guide information

PDAM skills

  • Team working
  • Problem solving
  • Communication
  • Application of numeracy skills
  • Commercial awareness