BR5007 - The Finance Environment

What will I learn on this module?

You will first learn develop the foundations of your financial understanding gained at level 4 by furthering your understanding of finance as a core function of business. You will then learn how different types of financial decisions are made in the business environment. You will also cover three main areas; how financial statements are used in financial decision making; how managers can use cost and revenue information to make short terms decisions; how to make strategic investment decisions based on investment appraisal techniques. Specific topic areas will include:

• Financial statements for decision making
• The reporting frameworks and ethical principles that underpin financial reporting and the importance of international reporting standards
• The informational content of financial statements using ratio analysis – an introduction to fundamental analysis.
• The nature of cost behaviour and an introduction to Cost, volume, profit analysis
• Relevant costs for decision making
• Budgeting and control (including the use of big data and AI)
• Dealing with risk and uncertainty
• Strategic decision making

How will I learn on this module?

At The Bridge you learn through a blended approach where short, focused and interactive face-to-face sessions are underpinned by guided and independent online learning. Your attendance for scheduled activities is monitored regardless of whether you are on campus or joining the session remotely. This ensures you access all of the learning opportunities which have been purposefully designed for your success.

A range of teaching and learning approaches are adopted to accelerate your learning in this module.

During the first week of this module, you will receive information about the module and Teaching & Learning Plan. The teaching and learning plan (TLP) sets out
• Learning outcomes and overall module and programme aims
• Teaching, learning and assessment strategy
• Teaching schedule
• Directed reading references (text and journals) and core texts for the module
• References to data sources and details of lab activities

You will also receive the assessment brief which sets out the formative and summative assessments throughout the module.

How will I be supported academically on this module?

There are three key sources of academic support available to you during your time at the Bridge in addition to Ask4Help who are available 24/7 for general queries related to your studies.

Your Module Tutor
Your module tutor is responsible for your learning outcomes on the module. They deliver the workshops and provide guidance in relation to learning and assignments. They develop all of the key resources and make them available through the eLP (electronic learning portal module) Blackboard, which is used to provide support materials, interactive learning tasks and give you regular opportunities to test and get feedback on your learning. You will be given both written and verbal feedback and guidance on your work and progress during the semester by your module tutor.

Your Learning Mentor
On programme, you will have your in-person and online engagement activity tracked against the learning plan with key check-in points built into the academic calendar to ensure you maximise your learning potential. Engagement with formative assessments will also be used by the learning mentor to discuss any action planning required to ensure success.

Academic Skills Team
The Bridge aspires to build a range of student skillsets, including digital skills, academic writing and discourse, working alone and in teams. Your learning mentor may refer you a dedicated academic skills team which is based in the centre. Here you can attend drop-ins or schedule 1-1 sessions on issues which have been identified at the diagnostic stages of the programme however you may also have self-identified areas for your own growth and self-refer yourself for support.

What will I be expected to read on this module?

All modules at Northumbria include a range of reading materials that students are expected to engage with. The reading list for this module can be found at: http://readinglists.northumbria.ac.uk
(Reading List service online guide for academic staff this containing contact details for the Reading List team – http://library.northumbria.ac.uk/readinglists)

What will I be expected to achieve?

Knowledge & Understanding (KU):
MLO1: Use financial analysis to interpret financial information and make decisions
MLO2: Apply short term decision making techniques to make operational financial decisions
MLO3: Apply long term decision making techniques to make strategic financial decisions

Intellectual / Professional skills & abilities (IPSA):
MLO4: Make recommendations to stakeholders resulting from analysis of financial statements

How will I be assessed?

You will receive formative feedback throughout the module including at the following checkpoints:-

•Week 2: Navigating the course materials
•Week 4: Completing the in-module reflective tasks
•Week 6: Completing the in-module knowledge checks and tasks

This module is entirely assessed on your submission of a 2000 word finance report addressing a set of business results which will be made available during the module (MLO1-4).

Pre-requisite(s)

NA

Co-requisite(s)

NA

Module abstract

This module will provide you with the finance knowledge and skills that will greatly enhance your employability within any business environment. You will be able to assess the performance of businesses with regard to profitability, solvency, financial structure and working capital management by means of analysing and interpreting their financial statements. You will also be able to make decisions in relation to both short and long term decisions and understand how to use budgets for planning and control purposes. You will also be able to deal with risk and uncertainty in a decision making situation.

Course info

Credits 15

Level of Study Undergraduate

Mode of Study 4 years Full Time

School Newcastle Business School

Location Coach Lane Campus, Northumbria University

City Newcastle

Start November 2026 or February 2027 or July 2027

Fee Information

Module Information

All information is accurate at the time of sharing. 

Full time Courses are primarily delivered via on-campus face to face learning but could include elements of online learning. Most courses run as planned and as promoted on our website and via our marketing materials, but if there are any substantial changes (as determined by the Competition and Markets Authority) to a course or there is the potential that course may be withdrawn, we will notify all affected applicants as soon as possible with advice and guidance regarding their options. It is also important to be aware that optional modules listed on course pages may be subject to change depending on uptake numbers each year.  

Contact time is subject to increase or decrease in line with possible restrictions imposed by the government or the University in the interest of maintaining the health and safety and wellbeing of students, staff, and visitors if this is deemed necessary in future.

 

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