Strategic Management Accounting

Code

BUSI4363

School

Nottingham University Business School China

Level

4

Credits

20

Semesters

Spring China

Summary

To provide students with an understanding of how businesses develop and implement strategy including strategic analysis; strategic choice; and implementation and monitoring of strategy

Target Students

Business School MSc students meeting pre-requisites and subject to compliance with module choice requirements, as listed in the degree programme specification. In addition, other MA/MSc students meeting pre-requisites and subject to the discretion of the Director of MSc Programmes

Classes

• One 2-hour seminar each week for 8 weeks
• One 3-hour lecture each week for 8 weeks

Activities may take place every teaching week of the Semester or only in specified weeks. It is usually specified above if an activity only takes place in some weeks of a Semester

Assessment

• 100% Exam 1 (3-hour): One 3 hour exam (100%)

Educational Aims

Learning Outcomes

Knowledge and understanding

 •The dynamics of the global economy and international business &/or an awareness of cultural, legal/regulatory, political, and economic differences across countries &/or an appreciation of management issues from a global perspective.

 •Markets - the development and operation of markets for resources, goods and services 

 •Customers and stakeholders - customer expectations, service and orientation

 •Finance - the sources, uses and management of finance

 •The use of accounting and other information systems for managerial applications

 •Information systems and business intelligence - the development, management, application and implementation of information systems and their impact upon organisations

 •Communications – the comprehension and use of relevant communications for application in business and management, including the use of digital tools

 •The importance of sustainability issues, including an understanding of the challenges and opportunities arising from the activities of people and organisations on the economic, social and environmental conditions of the future.

 •Strategic management - the development and implementation of appropriate strategies within a changing environment

 •Strategic risk management and issues of compliance

Intellectual Skills

 •Being able to think critically and be creative: manage the creative processes in self and others; organise thoughts, analyse, synthesise and critically appraise. This includes the capability to identify assumptions, evaluate statements in terms of evidence, detect false logic or reasoning, identify implicit values, define terms adequately and generalise appropriately

 •Being able to solve complex problems and make decisions: establish criteria, using appropriate decision-making techniques including identifying, formulating and solving business problems; and the ability to create, identify and evaluate options; the ability to implement and review decisions

 •Using information and knowledge effectively in order to abstract meaning from information and to share knowledge, including the use of quantitative skills

Professional Practical Skills
 •The ability to conduct research and enquiry into business and management issues either individually or as part of a team through research design, the collection and analysis of quantitative data, synthesis and reporting

 •The ability to recognise and address ethical dilemmas, corporate social responsibility and sustainability issues, applying ethical and organisational values to situations and choices

Transferable (key) Skills

 •Effective communication: networking, listening, oral and written communication of complex ideas and arguments, using a range of media, including the preparation of business reports

 •High personal effectiveness: critical self-awareness, self-reflection and self-management; time management; conflict  resolution, displaying commercial acumen, the ability to continue to learn through reflection on practice and experience 

Conveners

• Dr Kenuo Li