MG459      Half Unit
Foundations of Management 2

This information is for the 2023/24 session.

Teacher responsible

Dr Yally Avrahampour MAR 5.24


This course is compulsory on the Global MSc in Management, Global MSc in Management (CEMS MIM) and Global MSc in Management (MBA 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: Representing a Firm’s Financial Condition: 2

4: Valuing and Managing Costs

5: Management Science


7: Balanced Performance Measurement

8: Measuring Shareholder and Stakeholder Value

9: Occupations, Professions and Expertise

10: Individual and Institutional Investors in a Historical Context

11: Organisation and Management Theory


22 hours of lectures and 30 hours of seminars in the WT. 3 hours of lectures in the ST.

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

Formative coursework

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

Students will be expected to jointly produce 2 group case discussion summaries.

Indicative reading

Weeks 1-8: Berk, J. & DeMarzo, P. (2014) Corporate Finance, Weetman, P. (2019) Financial  Accounting: An Introduction; Kaplan, R. & Atkinson, A. (2014) Advanced Management Accounting; Keys, P. (1994). Understanding the Process of Operational Research.

Weeks 9-11: Chandler (1990) Scale and Scope


Essay (50%, 1500 words) in the WT.
Essay (50%, 1500 words) in the ST.

Key facts

Department: Management

Total students 2022/23: 58

Average class size 2022/23: 28

Controlled access 2022/23: Yes

Lecture capture used 2022/23: Yes (LT)

Value: Half Unit

Guidelines for interpreting course guide information

Course selection videos

Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.

Personal development skills

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