Undertake value chain analysis of an organisation in the finance industry.

Analysis

Evaluate theories associated with specific areas of finance.

Enquiry & Analysis

Demonstrate a capability to connect theory to practice through application of knowledge gained to real business context.

Knowledge & Understanding; Learning, Application

Utilise breakeven analysis to support decision making.

Application

1. Individual report with reflection (100%) (LOs 1, 2, 3 & 4) - Students are required to produce a reflective individual report analysing the value chain of an organization, demonstrating how theoretical knowledge is applied in real-world decision-making.

Creating value is central for long-term sustainability in a modern business world driven by strong competitive pressure. This module introduces you to the concept that the finance function is integral to value creation within any entity. It is intended to help you explore the paradox of consumer versus shareholder value and see the relevance of financial strategy and concepts to the attainment of enhanced organisational performance and growth in a post Global Financial Crisis (GFC) and COVID world. The conflicting interest of shareholders and other stakeholders such as customers in a business means that the relevance of ethics to financial management will be made clearer. Value creation is extensively explored through value analysis, value chain analysis, spend analysis and breakeven. This knowledge of value creation through finance prism will be integrated into core financial decision-making processes around financing, dividend and day to day working capital management, to create a holistic learning that prepares you to face the challenges of professional practice in finance.

Creating value in the modern world. In this module you will explore the paradox of consumer vs. shareholder value and how organisations are using financial strategy and concepts to improve organisational performance and drive growth in a post Global Financial Crisis (GFC) and COVID world.

The learning strategy for the module requires students to commit 100 learning hours (including assessment) of which there will be 24 hours of tutor-led learning and 76 hours of independent and self-directed study.



Value creation is central to offering on the module. Consequently, how financial information is used to support decision making to create value for businesses will permeate every session. The use of real-life business cases will be embraced to give meaning to concepts and show how value is created in businesses. A combination of individual and group work will be encouraged during each session on the module.



You will undertake ‘formative’ assessments during the module to help you monitor your learning and provide you and us with ongoing feedback on your progress, that helps you prepare for the ‘summative assessment(s) during or at the end of the module.



In-class sessions play a crucial role in the learning process, where formative assessments are essential for providing ongoing feedback to both students and the teaching team. Examples of formative assessments include quizzes, class exercises, draft submissions, and peer reviews, all of which help gauge students' understanding of the course material. These assessments enable instructors to identify areas where students may need additional support and adjust teaching strategies as needed. This practical implementation ensures that even in a remote learning environment, students receive the necessary support and preparation for their summative assessments.



Feedback and feedforward on this module taught in the dual award program would follow the steps implemented:

Rubrics: Develop shared grading rubrics and feedback templates for both institutions. This ensures that students receive consistent criteria, depth, and format feedback, whether the module is taught by one institution or co-taught. Encouraging Reflection: Students would be encouraged to reflect on the feedback they receive and discuss how they will implement it. This practice ensures that feedback is understood and applied consistently, contributing to a cohesive learning experience.

Bruner, R. F., Eades, K. M., and Schill, M. J. (2018) Case studies in finance managing for corporate value creation, Eighth Edition. New York, McGraw-Hill Education

Viallet, Claude and Hawawini, Gabriel A (2010) Finance for executives: Managing value creation, Fourth Edition. Mason, Ohio : South-Western

Whittington, R., Regne´r, P., Johnson, G., Angwin, D., and Scholes, K (2020) Exploring strategy: Text & Cases, Twelfth Edition. Harlow: Pearson.

Accaglobal.com

www.cimaglobal.com

www.ft.com

https://www.bbc.co.uk/news/business

www.icaew.com