Study Guide

Objective

The objective of the course:
To equip students with the fundamental theories, methods, and tools for Sustainable Business Planning and sustainable Financial Decision Making. Starting with the strategic management framework and ending in the various types of investment, stages of implementation, and monitoring. To provide approaches to formulate a strategy, develop a business plan and its monitoring, to access investment decisions and its funding within the overall strategy of the business.

Learning Objectives(LOs):
LO1 - Demonstrate an understanding of management accounting as an information system.
LO2 - Apply diverse methods and technics to build, interpret and analyze financial information necessary to make decisions.
LO3 - Discuss and explain the issues that should be considered when designing an effective monitoring system towards strategic goals.

On successful completion of this unit, students will be able to build, analyze, interpret and monitor the business plan and its financial, social, and environmental impacts. Namely, budgets, forecasted financial statements and diverse indicators for the investment appraisal, including social and environmental indicators.

Content

Content of the course:
• Decision-making theory in general with a focus on decision-making based on quantitative and financial data
• How to collect, organize, analyze and interpret information to make decisions
• The anatomy of a business plan
• The company's internal and external contexts of the business
• Strategy management framework
• Strategic management tools
• Planning and monitoring tools
• The indicators of investment appraisal (financial, social, and environmental )
• Cost and pricing decisions
• Sensitivity analysis
• Monitoring the plan

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Sufficient (1) and Satisfactory (2)
Participating in the online and in contact lessons, returned tasks.

Assessment criteria, good (3)

Good (3) and Very good (4)
Active participating in the online and in contact lessons, returned tasks with good outcomes.

Assessment criteria, excellent (5)

Excellent (5)
Very active participating in the online and in contact lessons, returned tasks with excellent outcomes.

Assessment criteria, approved/failed

Evaluation:
Numerical for PASS from 1 to 5 and
0 for FAIL: No participating in the contact lessons or in the online lessons, no returned tasks.

Qualifications

No prerequisitites