MG101      Half Unit
Core Business Disciplines: Finance and Operations Management

This information is for the 2016/17 session.

Teacher responsible

Dr David Newton NAB.3.38

Ms Angie Andrikogiannopoulou - CON 2.02

Availability

This course is compulsory on the BSc in Management. This course is available as an outside option to students on other programmes where regulations permit and to General Course students.

Course content

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.

Teaching

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.

Formative coursework

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.

Indicative reading

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

Assessment

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. Please note that project group membership will be allocated by the course leader.

Key facts

Department: Management

Total students 2015/16: 139

Average class size 2015/16: 16

Capped 2015/16: No

Lecture capture used 2015/16: Yes (MT)

Value: Half Unit

Guidelines for interpreting course guide information

PDAM skills

  • Team working
  • Problem solving
  • Communication
  • Application of numeracy skills
  • Commercial awareness

Course survey results

(2013/14 - 2015/16 combined)

1 = "best" score, 5 = "worst" score

The scores below are average responses.

Response rate: 80%

Question

Average
response

Reading list (Q2.1)

2.5

Materials (Q2.3)

2.3

Course satisfied (Q2.4)

2.3

Lectures (Q2.5)

2.6

Integration (Q2.6)

2.1

Contact (Q2.7)

2.2

Feedback (Q2.8)

2.4

Recommend (Q2.9)

Yes

44%

Maybe

45%

No

11%