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Business School Of The Year

If you already have an HND or foundation degree, this course will allow you to top it up to an honours degree with just one year of additional study. You will build on your all-round knowledge of business, adding a strong emphasis on finance.

The course includes specialist modules that cover topics like financial management, international finance and corporate reporting. With a finance specialism as part of your degree award, you’ll have an extra edge in employability.

Northumbria ranks 4th in the sector nationally and top in the North East for further study, sustained employment or both for Business and Admin Studies graduates 5 years after graduation. (Longitudinal Education Outcomes (LEO) 2017)

There’s plenty of support for you to develop the academic study skills that are required. Whatever your background, we’ll help you take the more critical, deeper and research-informed approach that’s needed for an honours degree at a UK university.

On graduation you’ll be equipped to embark on a business- or finance-related career. Finance is a central function in business and our past students have been gone on to rewarding jobs in a variety of roles.

Business School Of The Year

If you already have an HND or foundation degree, this course will allow you to top it up to an honours degree with just one year of additional study. You will build on your all-round knowledge of business, adding a strong emphasis on finance.

The course includes specialist modules that cover topics like financial management, international finance and corporate reporting. With a finance specialism as part of your degree award, you’ll have an extra edge in employability.

Northumbria ranks 4th in the sector nationally and top in the North East for further study, sustained employment or both for Business and Admin Studies graduates 5 years after graduation. (Longitudinal Education Outcomes (LEO) 2017)

There’s plenty of support for you to develop the academic study skills that are required. Whatever your background, we’ll help you take the more critical, deeper and research-informed approach that’s needed for an honours degree at a UK university.

On graduation you’ll be equipped to embark on a business- or finance-related career. Finance is a central function in business and our past students have been gone on to rewarding jobs in a variety of roles.

Course Information

UCAS Code
N1N9

Level of Study
Undergraduate

Mode of Study
1 year full-time

Department
Newcastle Business School

Location
City Campus, Northumbria University

City
Newcastle

Start
September 2022

Fee Information

Module Information

Department / Newcastle Business School

Newcastle Business School has a global reputation for delivering some of the best business management education in the UK.

Sustainability

Book an Open Day / Experience Business and Finance (Top-Up Award) BA (Hons)

Visit an Open Day to get an insight into what it's like to study Business and Finance . Speak to staff and students from the course and get a tour of the facilities.

Entry Requirements 2021/22

Standard Entry

BTEC HND/Foundation degree, or equivalent

in a related subject.

If you have taken a BTEC HND programme, we will usually expect you to have performed to an average of Merit standard.

If you have taken a Foundation Degree, we will be looking for performance to Commendation level, or 60% average.

 

International Qualifications:

We welcome applicants with a range of qualifications which may not match those shown above.

If you have qualifications from outside the UK, find out what you need by visiting www.northumbria.ac.uk/yourcountry

 

English Language Requirements:

International applicants should have a minimum overall IELTS (Academic) score of 6.5 with 5.5 in each component (or an approved equivalent*).

*The university accepts a large number of UK and International Qualifications in place of IELTS. You can find details of acceptable tests and the required grades in our English Language section: www.northumbria.ac.uk/englishqualifications

Entry Requirements 2022/23

Standard Entry

BTEC HND/Foundation degree, or equivalent

in a related subject.

If you have taken a BTEC HND programme, we will usually expect you to have performed to an average of Merit standard.

If you have taken a Foundation Degree, we will be looking for performance to Commendation level, or 60% average.

International Qualifications:

We welcome applicants with a range of qualifications which may not match those shown above.

If you have qualifications from outside the UK, find out what you need by visiting www.northumbria.ac.uk/yourcountry

English Language Requirements:

International applicants should have a minimum overall IELTS (Academic) score of 6.5 with 5.5 in each component (or an approved equivalent*).

*The university accepts a large number of UK and International Qualifications in place of IELTS. You can find details of acceptable tests and the required grades in our English Language section: www.northumbria.ac.uk/englishqualifications

Fees and Funding 2021/22 Entry

UK Fee in Year 1: £9,250

* The maximum tuition fee that we are permitted to charge for UK students is set by government. Tuition fees may increase in each subsequent academic year of your course, these are subject to government regulations and in line with inflation.


EU Fee in Year 1: £16,000

International Fee in Year 1: £16,000

 

Click here for UK, EU and International Scholarships scholarship, fees, and funding information.

ADDITIONAL COSTS

There are no Additional Costs

Fees and Funding 2022/23 Entry

UK Fee in Year 1*: £9,250

* This is the tuition fee for 2021/22 entry, and the maximum permitted to charge UK students as per Government Regulations. Government are yet to announce 2022/23 fees, if there is a change fees will be adjusted accordingly.


EU Fee in Year 1: £16,500

International Fee in Year 1: £16,500


Please keep checking back for updates on 22/23 Scholarships.

For more information on Fees and Funding, please visit the main funding pages.

 


ADDITIONAL COSTS

"Whilst books are available via the University Library, there are various advised/recommended books you may wish to purchase throughout the duration of this course, costs are approximately £500.00"

If you'd like to receive news and information from us in the future about the course or finance then please complete the below form

* At Northumbria we are strongly committed to protecting the privacy of personal data. To view the University’s Privacy Notice please click here

How to Apply

Please use the Apply Now button at the top of this page to submit your application.

Certain applications may need to be submitted via an external application system, such as UCAS, Lawcabs or DfE Apply.

The Apply Now button will redirect you to the relevant website if this is the case.

You can find further application advice, such as what to include in your application and what happens after you apply, on our Admissions Hub Admissions | Northumbria University



Modules

Module information is indicative and is reviewed annually therefore may be subject to change. Applicants will be informed if there are any changes.

AF6002 -

International Finance and Responsible Financial Management (Core,20 Credits)

This module is designed for business students to develop a non-technical understanding of the key aspects of corporate financial theory and practice. The module covers the core aspects of raising capital and determining financing, though to investing capital in major corporate decisions, and finally returning value to shareholders.

Specifically you will study in the module; Sustainable Value Management, Stock Market Efficiency, Capital Asset Pricing Model, Portfolio Theory, International Cost of Capital, Capital Structure Decisions, Dividend Policy, Corporate Valuation and International Merger & Acquisition activity.

The module has a focus on business responsibility of all of those areas, concentrating on professional codes of conduct in areas such as the banking industry, accounting and similar finance areas, and the types of dilemmas that graduates could face in professional practice. This module will develop you as a critical and reflective practitioner. In the module you will become more aware of the issues that responsible businesses face when attempting to implement financial concepts and theories into practice.

On completion of this module you will have produced a reflective learning journal (in the form of a Blog) based on your evaluation of theory to real world scenarios. As part of that journal will have watched and reflected on appropriate financial documentaries and movies which explore responsible financial management issues. Finally you will be apply your academic knowledge to a real world case and be able to critically evaluate the tensions between the financial academic theories as a responsible business attempts to maximise shareholder wealth.
critically evaluate the tensions between the financial academic theories as a responsible business attempts to maximise shareholder wealth.

More information

AF6003 -

Banking Risk 1 (Core,20 Credits)

In this module, you will learn and examine the banking risk faced by banks and financial institutions. This module takes you through the specific areas of credit and market risks within the context of the relevant regulatory framework (The Basel Accords) and draws on case study material provided by high profile banks and financial institution. You will be expected to develop an understanding of the nature of credit and market risks, its measurement models and management issues. The module will cover:
• A typology of risk in banking and financial institutions- definitions, types, and its importance. Discussion on certainty, risk and uncertainty.
• International banking regulation and capital adequacy
• The nature and significance of market risk
• Measuring market risk through Value-at-Risk (VaR) models (variance-covariance, historical simulation and Monte-Carlo simulation models), back-testing, stress-testing, bootstrapping, expected shortfall and other regulatory models.
• Market risk regulatory framework using the Basel Accords.
• Exchange rate risk and its implications in banking.
• Credit decision making and credit risk in consumer and industrial loans.
• Measuring credit risk through credit scoring models, credit VaR models (Creditmetrics, Creditrisk+).
• Credit risk regulatory framework using the Basel Accords.
• Counterparty Credit Risk (CCR) in derivatives and credit valuation adjustment (CVA).

More information

AF6004 -

Contemporary Corporate Reporting (Optional,20 Credits)

You will learn how to read and critically interpret both the financial information and narrative content of company reports. To do this, you will study the theory and context of corporate reporting, including ethical issues, and the international framework for reporting, as well as very practical techniques such as ratio analysis. Building on the calculation of ratios studied in previous modules, you will use ratios to help you analyse a company’s performance by selecting appropriate comparators and considering the figures in the context of a company’s industry and its business strategy. You will also consider the role of integrated reporting and sustainability reporting.

You will study impression management theories and apply these to evaluate how companies present themselves in their corporate reports.

The syllabus includes:
• regulatory and ethical framework, including the Conceptual Framework for Financial Reporting
• Generally Accepted Accounting Practice (GAAP) and convergence towards International Financial Reporting Standards (IFRS)
• the constituent elements of financial statements: balance sheets, income statements, cash flow statements, statements of changes in equity, notes to the accounts and accounting policies, and how to interpret these
• other elements of the annual report, such as the corporate governance report and auditor’s report, and how to interpret these
• progress in integrated reporting and sustainability reporting
• efficient market hypothesis, and how the market views the information in corporate reports
• impression management in corporate reporting
• current issues arising

More information

GA6001 -

Academic Language Skills for Newcastle Business School (Core – for International and EU students only,0 Credits)

Academic skills when studying away from your home country can differ due to cultural and language differences in teaching and assessment practices. This module is designed to support your transition in the use and practice of technical language and subject specific skills around assessments and teaching provision in your chosen subject. The overall aim of this module is to develop your abilities to read and study effectively for academic purposes; to develop your skills in analysing and using source material in seminars and academic writing and to develop your use and application of language and communications skills to a higher level.

The topics you will cover on the module include:

• Understanding assignment briefs and exam questions.
• Developing academic writing skills, including citation, paraphrasing, and summarising.
• Practising ‘critical reading’ and ‘critical writing’
• Planning and structuring academic assignments (e.g. essays, reports and presentations).
• Dissertation writing requirements
• Research Skills
• Ethical considerations
• Understanding research limitations
• Avoiding academic misconduct and gaining credit by using academic sources and referencing effectively.
• Listening skills for lectures.
• Speaking in seminar presentations.
• Presenting your ideas
• Giving discipline-related academic presentations, experiencing peer observation, and receiving formative feedback.
• Speed reading techniques.
• Developing self-reflection skills.

More information

HR0388 -

Academic and Career Development (Core,20 Credits)

You will learn advanced academic skills; such as how to use structured approaches to read, note-making, research and writing, transferable skills to ensure academic success in all your other academic modules and enabling you to conduct a critical literature review of employability, graduate marked place informed by career theory (see themes 1,2 and 3 below). Then using advanced research skills, theory and self-assessment tools you will learn how to and choose and apply for a relevant job role and career path, in turn enhancing your employability and transferable academic skills (themes 4 and 5). Finally, you will conclude the module by designing a complete set of graduate application tools for the job role and career chosen and will experience a no of recruitment exercises such as interviews, group exercises and self-branding and presentation to further develop your employability, academic performance and career management skills. The module will be concluded with a theoretical session and a number of practical exercises designed to develop your self-confidence and employability (theme 6).

Theme 1 – Introduction and advanced study skills
1. Introduction to advanced study skills and career development.
2. Searching for and critically evaluating academic and professional sources.
3. Critical analysis of information and data.
Theme 2 – Understanding the graduate labour market and employers
4. Understanding the global graduate labour market.
Theme 3 – What employers want from graduates and how to achieve it?
5. Enhance business awareness, networking, cultural sensitivity and global mind sets.
Theme 4 – Choose career path
6. Understanding and choosing suitable career paths.
Theme 5 – Design career personal development plan
7. Design a career personal development plan using the NU (ELA) framework.
Theme 6 - Recruitment, selection and employability/application tools
8. An introduction to recruitment and selection processes.
9. Development of skills and tools to enable students to demonstrate effective self-presentation.
10. Develop techniques and practice to excel at interviews.
11. Self-confidence and Employability: Conclusions and introduction to the extended critical literature review module that follows.
12. Assignment surgery

More information

NX0328 -

Contemporary Issues in Business (Core,20 Credits)

On this module, you will learn about critical thinking and reflection, and doing so, you will develop the necessary critical skills to perform both of these effectively as a learner in higher education. You will learn about the necessary academic skills required to undertake a critical review of existing literature on a contemporary issue within the business and management disciplines. On completing this, you will be able to a critical literature review on a subject appropriate to your degree programme.

Here, you will be introduced to the module, before identifying how to select a contemporary issue within business and management. You will learn about the development of critical thinking and what is meant by a literature review as well as the importance of being able to write a literature review.

You will learn how to get started in this development; by searching for sources and developing essential research skills including reviewing literature and critical evaluation, before going onto develop you own critical literature review which represents the module assessment.

More information

NX0329 -

Supporting Study (Core,0 Credits)

This is a non-credit bearing module, and forms an extension to the 120 module credit points on your top-up programme. The module is designed to provide greater understanding of academic expectations for your direct entry into the final year and support you in the transition process of learning experience.

The aim of the module is to facilitate the development of your independent learning over the one-year course. Induction and on-going personal support activities are to be phased in line with the academic development and the need to support the delivery of programme modules.

In personal support, you will cover:
• The key support and points of contact available to you within the institution
• Societies and social wellbeing
• Library resources and academic skills
• ARTA regulation
• Teamwork protocol
• Use LinkedIn to network

In academic development, you will cover:
• Emailing tutors
• Introduction to referencing
• Finding and evaluating sources
• APA reference guide
• Paraphrasing, summarising and writing critically
• Reporting words, cohesion/linking
• Combining sources
• Conclusions, abstracts and marking criteria

On completion of this module, you should be able to complete the process of transition directly to the final year. This will include your personal and academic development activities. You will also be able to seek learning resources and study support, including academic and social integration.

More information

SM0382 -

Strategic Management and Corporate Responsibility (Core,20 Credits)

You will learn how organisations can compete successfully in economic terms while managing their corporate, social and environmental responsibility. At the end of the module you will learn to critically evaluate the factors which underpin an organisation’s success (or otherwise) in managing the triple bottom line and will have learned how to use appropriate frameworks to analyse research material and draw useful conclusions.

More information

SM9631 -

Finance and Entrepreneurship (Optional,20 Credits)

This module aims to provide you with a detailed understanding of the financial management peculiarities of SMEs, young entrepreneurial ventures and growing businesses. Apart from offering an overview of potential sources of finance for small businesses, this module also looks into the specific problems and opportunities that SMEs (small & medium enterprises) face in the financial environment. You will learn to view SME financial issues as distinct from those of large organisations and to critically analyse particular situations of SME business in the real world.
In the module you will engage with the following main topics:
- Financial analysis: starting from simple concepts, this is aimed at understanding how to make decisions from financial numbers.
- Finance gaps: understanding start-up funding as well as expansion funding needs; Working capital funds; Why is cash flow critical and how to optimise it.
- Overcoming finance gaps: Equity and debt funding; Different funding sources, their conditions and emphases, e.g., banks, venture capital/ business angels, crowd funding platforms. How do investors do their due diligence? What value-add do investees get from different investors?
- Negotiating funding; valuing an SME.
- International business, Foreign currency risk and SME
- Harvesting your investment; Investor exit.
- Ethics and responsible decision making in SME and SME finance

The module will give you the ability to understand in depth issues in running any SME business and the confidence in running your own business. Specifically, on completing the module, you will be able to:
? evaluate critically and identify problems in the operation and growth of an SME by analysing the ‘hard’ and ‘soft’ aspects of finance
? generate different remedies that relate to financial and non-financial areas of running an SME business
? compare the appropriateness of sources of finance and financial support for an SME and recommend appropriate choices
? evaluate foreign currency risks and make choices to minimise them
? appreciate ethical and responsible behaviour regarding finance/ SME finance decisions

More information

Modules

Module information is indicative and is reviewed annually therefore may be subject to change. Applicants will be informed if there are any changes.

AF6002 -

International Finance and Responsible Financial Management (Core,20 Credits)

This module is designed for business students to develop a non-technical understanding of the key aspects of corporate financial theory and practice. The module covers the core aspects of raising capital and determining financing, though to investing capital in major corporate decisions, and finally returning value to shareholders.

Specifically you will study in the module; Sustainable Value Management, Stock Market Efficiency, Capital Asset Pricing Model, Portfolio Theory, International Cost of Capital, Capital Structure Decisions, Dividend Policy, Corporate Valuation and International Merger & Acquisition activity.

The module has a focus on business responsibility of all of those areas, concentrating on professional codes of conduct in areas such as the banking industry, accounting and similar finance areas, and the types of dilemmas that graduates could face in professional practice. This module will develop you as a critical and reflective practitioner. In the module you will become more aware of the issues that responsible businesses face when attempting to implement financial concepts and theories into practice.

On completion of this module you will have produced a reflective learning journal (in the form of a Blog) based on your evaluation of theory to real world scenarios. As part of that journal will have watched and reflected on appropriate financial documentaries and movies which explore responsible financial management issues. Finally you will be apply your academic knowledge to a real world case and be able to critically evaluate the tensions between the financial academic theories as a responsible business attempts to maximise shareholder wealth.
critically evaluate the tensions between the financial academic theories as a responsible business attempts to maximise shareholder wealth.

More information

AF6003 -

Banking Risk 1 (Core,20 Credits)

In this module, you will learn and examine the banking risk faced by banks and financial institutions. This module takes you through the specific areas of credit and market risks within the context of the relevant regulatory framework (The Basel Accords) and draws on case study material provided by high profile banks and financial institution. You will be expected to develop an understanding of the nature of credit and market risks, its measurement models and management issues. The module will cover:
• A typology of risk in banking and financial institutions- definitions, types, and its importance. Discussion on certainty, risk and uncertainty.
• International banking regulation and capital adequacy
• The nature and significance of market risk
• Measuring market risk through Value-at-Risk (VaR) models (variance-covariance, historical simulation and Monte-Carlo simulation models), back-testing, stress-testing, bootstrapping, expected shortfall and other regulatory models.
• Market risk regulatory framework using the Basel Accords.
• Exchange rate risk and its implications in banking.
• Credit decision making and credit risk in consumer and industrial loans.
• Measuring credit risk through credit scoring models, credit VaR models (Creditmetrics, Creditrisk+).
• Credit risk regulatory framework using the Basel Accords.
• Counterparty Credit Risk (CCR) in derivatives and credit valuation adjustment (CVA).

More information

AF6004 -

Contemporary Corporate Reporting (Optional,20 Credits)

You will learn how to read and critically interpret both the financial information and narrative content of company reports. To do this, you will study the theory and context of corporate reporting, including ethical issues, and the international framework for reporting, as well as very practical techniques such as ratio analysis. Building on the calculation of ratios studied in previous modules, you will use ratios to help you analyse a company’s performance by selecting appropriate comparators and considering the figures in the context of a company’s industry and its business strategy. You will also consider the role of integrated reporting and sustainability reporting.

You will study impression management theories and apply these to evaluate how companies present themselves in their corporate reports.

The syllabus includes:
• regulatory and ethical framework, including the Conceptual Framework for Financial Reporting
• Generally Accepted Accounting Practice (GAAP) and convergence towards International Financial Reporting Standards (IFRS)
• the constituent elements of financial statements: balance sheets, income statements, cash flow statements, statements of changes in equity, notes to the accounts and accounting policies, and how to interpret these
• other elements of the annual report, such as the corporate governance report and auditor’s report, and how to interpret these
• progress in integrated reporting and sustainability reporting
• efficient market hypothesis, and how the market views the information in corporate reports
• impression management in corporate reporting
• current issues arising

More information

GA6001 -

Academic Language Skills for Newcastle Business School (Core – for International and EU students only,0 Credits)

Academic skills when studying away from your home country can differ due to cultural and language differences in teaching and assessment practices. This module is designed to support your transition in the use and practice of technical language and subject specific skills around assessments and teaching provision in your chosen subject. The overall aim of this module is to develop your abilities to read and study effectively for academic purposes; to develop your skills in analysing and using source material in seminars and academic writing and to develop your use and application of language and communications skills to a higher level.

The topics you will cover on the module include:

• Understanding assignment briefs and exam questions.
• Developing academic writing skills, including citation, paraphrasing, and summarising.
• Practising ‘critical reading’ and ‘critical writing’
• Planning and structuring academic assignments (e.g. essays, reports and presentations).
• Dissertation writing requirements
• Research Skills
• Ethical considerations
• Understanding research limitations
• Avoiding academic misconduct and gaining credit by using academic sources and referencing effectively.
• Listening skills for lectures.
• Speaking in seminar presentations.
• Presenting your ideas
• Giving discipline-related academic presentations, experiencing peer observation, and receiving formative feedback.
• Speed reading techniques.
• Developing self-reflection skills.

More information

HR0388 -

Academic and Career Development (Core,20 Credits)

You will learn advanced academic skills; such as how to use structured approaches to read, note-making, research and writing, transferable skills to ensure academic success in all your other academic modules and enabling you to conduct a critical literature review of employability, graduate marked place informed by career theory (see themes 1,2 and 3 below). Then using advanced research skills, theory and self-assessment tools you will learn how to and choose and apply for a relevant job role and career path, in turn enhancing your employability and transferable academic skills (themes 4 and 5). Finally, you will conclude the module by designing a complete set of graduate application tools for the job role and career chosen and will experience a no of recruitment exercises such as interviews, group exercises and self-branding and presentation to further develop your employability, academic performance and career management skills. The module will be concluded with a theoretical session and a number of practical exercises designed to develop your self-confidence and employability (theme 6).

Theme 1 – Introduction and advanced study skills
1. Introduction to advanced study skills and career development.
2. Searching for and critically evaluating academic and professional sources.
3. Critical analysis of information and data.
Theme 2 – Understanding the graduate labour market and employers
4. Understanding the global graduate labour market.
Theme 3 – What employers want from graduates and how to achieve it?
5. Enhance business awareness, networking, cultural sensitivity and global mind sets.
Theme 4 – Choose career path
6. Understanding and choosing suitable career paths.
Theme 5 – Design career personal development plan
7. Design a career personal development plan using the NU (ELA) framework.
Theme 6 - Recruitment, selection and employability/application tools
8. An introduction to recruitment and selection processes.
9. Development of skills and tools to enable students to demonstrate effective self-presentation.
10. Develop techniques and practice to excel at interviews.
11. Self-confidence and Employability: Conclusions and introduction to the extended critical literature review module that follows.
12. Assignment surgery

More information

NX0328 -

Contemporary Issues in Business (Core,20 Credits)

On this module, you will learn about critical thinking and reflection, and doing so, you will develop the necessary critical skills to perform both of these effectively as a learner in higher education. You will learn about the necessary academic skills required to undertake a critical review of existing literature on a contemporary issue within the business and management disciplines. On completing this, you will be able to a critical literature review on a subject appropriate to your degree programme.

Here, you will be introduced to the module, before identifying how to select a contemporary issue within business and management. You will learn about the development of critical thinking and what is meant by a literature review as well as the importance of being able to write a literature review.

You will learn how to get started in this development; by searching for sources and developing essential research skills including reviewing literature and critical evaluation, before going onto develop you own critical literature review which represents the module assessment.

More information

NX0329 -

Supporting Study (Core,0 Credits)

This is a non-credit bearing module, and forms an extension to the 120 module credit points on your top-up programme. The module is designed to provide greater understanding of academic expectations for your direct entry into the final year and support you in the transition process of learning experience.

The aim of the module is to facilitate the development of your independent learning over the one-year course. Induction and on-going personal support activities are to be phased in line with the academic development and the need to support the delivery of programme modules.

In personal support, you will cover:
• The key support and points of contact available to you within the institution
• Societies and social wellbeing
• Library resources and academic skills
• ARTA regulation
• Teamwork protocol
• Use LinkedIn to network

In academic development, you will cover:
• Emailing tutors
• Introduction to referencing
• Finding and evaluating sources
• APA reference guide
• Paraphrasing, summarising and writing critically
• Reporting words, cohesion/linking
• Combining sources
• Conclusions, abstracts and marking criteria

On completion of this module, you should be able to complete the process of transition directly to the final year. This will include your personal and academic development activities. You will also be able to seek learning resources and study support, including academic and social integration.

More information

SM0382 -

Strategic Management and Corporate Responsibility (Core,20 Credits)

You will learn how organisations can compete successfully in economic terms while managing their corporate, social and environmental responsibility. At the end of the module you will learn to critically evaluate the factors which underpin an organisation’s success (or otherwise) in managing the triple bottom line and will have learned how to use appropriate frameworks to analyse research material and draw useful conclusions.

More information

SM9631 -

Finance and Entrepreneurship (Optional,20 Credits)

This module aims to provide you with a detailed understanding of the financial management peculiarities of SMEs, young entrepreneurial ventures and growing businesses. Apart from offering an overview of potential sources of finance for small businesses, this module also looks into the specific problems and opportunities that SMEs (small & medium enterprises) face in the financial environment. You will learn to view SME financial issues as distinct from those of large organisations and to critically analyse particular situations of SME business in the real world.
In the module you will engage with the following main topics:
- Financial analysis: starting from simple concepts, this is aimed at understanding how to make decisions from financial numbers.
- Finance gaps: understanding start-up funding as well as expansion funding needs; Working capital funds; Why is cash flow critical and how to optimise it.
- Overcoming finance gaps: Equity and debt funding; Different funding sources, their conditions and emphases, e.g., banks, venture capital/ business angels, crowd funding platforms. How do investors do their due diligence? What value-add do investees get from different investors?
- Negotiating funding; valuing an SME.
- International business, Foreign currency risk and SME
- Harvesting your investment; Investor exit.
- Ethics and responsible decision making in SME and SME finance

The module will give you the ability to understand in depth issues in running any SME business and the confidence in running your own business. Specifically, on completing the module, you will be able to:
? evaluate critically and identify problems in the operation and growth of an SME by analysing the ‘hard’ and ‘soft’ aspects of finance
? generate different remedies that relate to financial and non-financial areas of running an SME business
? compare the appropriateness of sources of finance and financial support for an SME and recommend appropriate choices
? evaluate foreign currency risks and make choices to minimise them
? appreciate ethical and responsible behaviour regarding finance/ SME finance decisions

More information

Any Questions?

Our admissions team will be happy to help. They can be contacted on 0191 406 0901.

Contact Details for Applicants:

bc.applicantservices@northumbria.ac.uk

All information on this course page is accurate at the time of viewing.

Courses starting in 2021 are offered as a mix of face to face and online learning. We continue to monitor government and local authority guidance in relation to Covid-19 and we are ready and able to flex accordingly to ensure the health and safety of our students and staff.

Contact time is subject to increase or decrease in line with additional restrictions imposed by the government or the University in the interest of maintaining the health and safety and wellbeing of students, staff, and visitors, potentially to a full online offer, should further restrictions be deemed necessary in future.

Our online activity will be delivered through Blackboard Ultra, enabling collaboration, connection and engagement with materials and people.

 

Current, Relevant and Inspiring

We continuously review and improve course content in consultation with our students and employers. To make sure we can inform you of any changes to your course register for updates on the course page.


Your Learning Experience find out about our distinctive approach at 
www.northumbria.ac.uk/exp

Admissions Terms and Conditions - northumbria.ac.uk/terms
Fees and Funding - northumbria.ac.uk/fees
Admissions Policy - northumbria.ac.uk/adpolicy
Admissions Complaints Policy - northumbria.ac.uk/complaints




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