Dr David Newton and Dr Elisabetta Bertero

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

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; the role of the financial system in the economy and the flow of funds; causes and consequences of the recent financial crises.

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.

Students on this course will have a reading week in Week 6, in line with departmental policy.

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.

Jacobs and Chase (2013), “Operations and Supply Chain Management”, McGraw Hill

Goldratt, Cox and Whitford (2014), “The Goal”, Gower Publishing

Womack and Jones (2008), “The Machine that Changed the World”, Simon and Schuster

Exam (50%, duration: 1 hour and 30 minutes) in the main exam period.
Project (50%, 3000 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.