Managing Financial Resources Essay

1.Managing Financial Resources: Provides students with an understanding of the nature of resources available to an organization; how resources can be managed to add value; understand the value chain and how sustainable competitive advantage can be maintained; how linkages between value systems are created for competitive advantage; and how the core skills and competencies of an organization are identified and managed. 2.Corporate Finance and Evaluation: Introduces students to the modern theory of finance. It examines decision rules for financial decisions in firms and the capital market context in which these decisions are made. The subjects covered are the value and capital budgeting, portfolio theory, models of security valuation, efficient markets, long-term financing, company dividend decisions, capital structure, and interactions of investment and financing decisions. 3.Financial Accounting and Analysis: Aims to take students from first principles financial accounting rules and concepts to a broad understanding of some of the key practices and techniques in financial accounting and analysis. The module covers the principles underlying financial statements, the preparation of basic financial statements, key elements of financial accounting theory, accounting standards and the interpretation of published financial statements. 4.Strategic Management Simulation: This module aims to introduce to students key aspects of strategic management through a business simulation exercise. Students work in a team environment to develop their knowledge and skills in strategic decision making, with tasks centered on finance and human resource management. The simulation is a computer based. The teams compete against each other in a simulated business environment and the strategic decisions they make have real time affect on how their organization performs. Decisions are therefore coordinated within the team based on the interpretation of various forms of information, which in turn translate into poor or successful business performance. 5.The Liverpool MBA Management Game: Only top 12 students among the entire cohort of University of Liverpool’s MBA were chosen to work on this project. Worked on a MBA Consultancy Project for T.J. Morris Ltd., to prepare a Strategic and Financial Business Plan for their entry into th e foreign retail market, the recommendations for which were well received by Mr. Joe Morris – Operations Director of the company. 6.Managing the Environment: The module draws, especially, from the closely related disciplines of strategy and marketing and deals with the macro and micro environments, buying behavior in consumer and industrial markets. It covers the nature and scope of the issues typically associated with understanding the business environment, environmental and organizational analysis, preparation of a marketing plan, the components of strategic management and the role of marketing within the strategy process. 7.Managing People: The module aims to develop students’ understanding of the realities of organizations and strategies for managing people in organizations with regard to striking a balance between the needs of the organization and employee needs. 8.Managing Change: The course examines issues and dilemmas facing those managing change via an examination of the main types, strategies and processes of change in organizations, as well as the main problems that are encountered in successfully implementing organizational change; the methods and strategies that can be employed to analyze complex organizational systems and decide what needs to change and how; the components of change, and the ‘levers’ of organizational change; the conditions in which innovative and evolutionary change is likely to occur and the management thinking and the skills necessary to cope with ambiguity on an ongoing basis. 9. 3 month dissertation – Impact of Foreign Direct Investment on the Indian Economy.