Block 3: Business information management and finance
This block consists of the following modules:
Digital Technology and Business Innovation
You will learn the importance of Business Information Management and how Information and Communications Technology (ICT) and new technologies can be used to help customer relationships as well as delivering value.
- Understanding how well-designed ICT supports and enables an organisation
- Learning how future applications will drive value
- Understanding key emerging issues and their application in the workplace
- Understanding the roll of information technologies in improving customer relationships
- Using frameworks for fitting IT in to your business strategy.
Financial Markets and Investments
You will be introduced to the theory of how financial assets are valued and be shown how to apply this to practical problems. You will understand how volatility and risks arise, how they can be managed, and about developments in the economic environment.
- Computing fair values for financial assets
- Quantifying the risks involved in investing in these assets
- Development of investment and hedging strategies
- Understanding the limitations of current models of equity prices
- Understanding and reacting critically to commentary by financial market analysts.
This module will teach you about the motivation of public and private corporations in a free market economy. You will find out about the principles of good investment, financing and dividend decisions, enabling you to appropriately take or influence these decisions.
- Understanding the primary objective of the corporate firm
- Understanding criteria to be used in interdependent financing, investment and dividend decisions
- Knowing the investment decision consists in accepting projects that exceed a hurdle rate and how to calculate this in practice
- Understanding that the financing decision consists in a choice of the appropriate financing mix; in the matching finance types to the assets being financed; and to be able to do this in practice
- Knowing that the dividend decision consists in returning cash to shareholders once all profitable projects have been invested in, and to be able to expertly choose the form that this cash should take.