MG459      Half Unit
Foundations of Management 2

This information is for the 2015/16 session.

Teacher responsible

Dr Yally Avrahampour NAB 4.37


This course is compulsory on the MSc in Management and MSc in Management (CEMS MIM). 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, marketing and management science. 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 fields in the social science disciplines, 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: Marketing 1

9: Marketing 2

10: Marketing 3

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: Chernev, A. (2011) Strategic Marketing Management, 6th Edition.

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 ST.

Key facts

Department: Management

Total students 2014/15: 96

Average class size 2014/15: 48

Controlled access 2014/15: Yes

Lecture capture used 2014/15: 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