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MQM2FFL-Finance for Leaders
Module Provider: Business Informatics, Systems and Accounting
Number of credits: 10 [5 ECTS credits]
Level:7
Terms in which taught: Autumn / Spring / Summer module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Current from: 2023/4
Module Convenor: Mrs Clare Calderan
Email: clare.calderan@henley.ac.uk
Type of module:
Summary module description:
This moduleforms part of thePGDipLeadership(Senior Leader Apprenticeship) programme and,as such, sets out to provide the knowledge, skills and behaviours required by senior leaders in today’s world. The modulecoversessentialfinancial understanding for people in leadership roles, including contributing todecisions about organisational resource requirements (budgets, people, technology) based on strategic insight andensuringthat their area of responsibility is compliant with internaland externalgovernance, such as any regulatory and statutory requirements.
Aims:
The moduleaims to:
To develop knowledgeand understandingof financial managementand governance so that individuals can oversee financial strategies and related issues
Assessable learning outcomes:
By the end of the module, it is expected that programme members may be able to demonstrate their ability in the following areas:
To know and understand:
K8: Financial strategies, for example scenarios, modelling and identifying trends, application of economic theory to decision-making, and how to evaluate financial and non- financial information such as the implications of sustainable approaches.
K9: Financial governance and legal requirements, and procurement strategies.
Additional outcomes:
Additional Learning Outcomes:
Skills:
S8: Apply principles relating to Corporate Social Responsibility, Governance and Regulatory compliance.
S10: Oversee development and monitoring of financial strategies and setting of organisational budgets based on Key Performance Indicators (KPIs), and challenge financial assumptions underpinning strategies.
S11: Uses financial data to allocate resources.
S12: Oversee procurement, supply chain management and contracts such as consideration of sustainable approaches.
Behaviours
B1: Work collaboratively enabling empowerment and delegation.
B2: Take personal accountability aligned to clear values.
B5: Seek continuous professional development opportunities for self and wider team.
Additional Outcomes
• Confidence
• Understanding the importanceof financialunderstandingin effectiveleadership
Outline content:
The module covers the following topics:
- Introduction to accounting and finance.
- The three main financial statements and the key conceptsunderlyingtheir preparation.
- Economic concepts.
- Budgeting: planning, control and performance
- Costing and decision making
Global context:
The module is taught with reference totheglobalcontextof the learners’organisationsandtheirexperiences.
Brief description of teaching and learning methods:
Teaching and learning takes place through a blended learning approach. The teaching and learning methods comprise a combination of self-study via a range of online materials on the Canvas learning platform, face-to-face workshops with Faculty and a Learning Coach,who supports the cohort throughoutthe module.
Materials on Canvas include content on-screen, videos, PowerPoint presentations, journal articles, book chapte rs,practicalactivitiesand reflection points.
| Autumn | Spring | Summer | |
| Lectures | 7 | ||
| Seminars | 2 | ||
| Work-based learning | 40 | ||
| Guided independent study: | |||
| Wider reading (independent) | 5 | ||
| Wider reading (directed) | 10 | ||
| Peer assisted learning | 2 | ||
| Advance preparation for classes | 2 | ||
| Essay preparation | 22 | ||
| Reflection | 10 | ||
| Total hours by term | 0 | 100 | 0 |
| Total hours for module | 100 |
| Method | Percentage |
| Written assignment including essay | 100 |
Summative assessment- Examinations:
No examination.
Summative assessment- Coursework and in-class tests:
One3,000 wordindividual assignment, to be submitted as per the submission schedule for the cohort.
Formative assessment methods:
Facilitated learningactivities are undertakenduring the module,includingformativefeedback of theassignment.
Penalties for late submission:
These are in accordance with the mode of study arrangements laid out in the programme specifications.
Assessment requirements for a pass:
Formative assessment requirements:
Formative assessment is either a “Proceed” or “Revise”, and emphasis is placed on providing feedback.
Reassessment arrangements:
Formative reassessment arrangements:
One resubmission.
Reassessment arrangements for summative assessment:
Reassessment by 100% assignment, capped at 50%.
Additional Costs (specified where applicable):
Travel, accommodation and subsistence:
Expenses when attending workshops(in the case ofaworkshop takingplace at Greenlands.)
Last updated: 30 March 2023
THE INFORMATION CONTAINED IN THIS MODULE DESCRIPTION DOES NOT FORM ANY PART OF A STUDENT'S CONTRACT.