Bachelor of Commerce in Financial Management
Develop the financial reasoning used to allocate capital and manage organisational liquidity.
About the course
Develop the financial reasoning used to allocate capital and manage organisational liquidity. You will analyse financial choices, evaluate risk and explain the assumptions behind recommendations in Southern African business contexts.
What you'll learn
Interpret financial statements for a management decision.
Evaluate investment proposals using suitable appraisal methods.
Compare financing options and their implications.
Prepare a working-capital and treasury analysis.
Communicate financial recommendations with uncertainty clearly stated.
Requirements
Prepare with academic English, quantitative reasoning and digital study skills. Prior qualifications and any recognition of prior learning must be assessed against BMIT admission rules before enrolment.
Course content
The complete subject sequence below moves from foundations to specialist application. Stages show learning progression. Practical work and the final project draw together the subjects studied.
3 learning stages 30 subjects
1Stage 1: Foundations10 subjects
2Stage 2: Core subjects10 subjects
3Stage 3: Specialist subjects and application10 subjects
- Advanced Corporate Finance
- Corporate Treasury Management
- Equity Valuation and Analysis
- Fixed-Income Analysis
- Financial Derivatives
- International Finance and Exchange Rates
- Enterprise Risk Management
- Research Methods and Evidence Analysis
- Workplace Learning and Professional Portfolio
- Integrated Business Research Project
Subjects in this programme
The complete subject sequence below moves from foundations to specialist application. Stages show learning progression. Practical work and the final project draw together the subjects studied.
30 subjects are listed below with a short description of each. The Subject descriptions tab contains the learning outcomes, topics, practical tasks and assessments.
Stage 1: Foundations
- Business Communication. Prepare purposeful communication for colleagues, customers and decision makers. You will organise evidence, adjust tone for different audiences and check whether a message leads to the intended action. Examples include multilingual workplaces, professional correspondence and short management reports.
- Digital Business Skills. Use everyday digital tools to organise business information accurately. You will build reliable spreadsheets, manage documents and share work responsibly. Activities address uneven connectivity, accessible communication and the protection of personal information in small organisations and public offices.
- Business Quantitative Methods. Translate business questions into numerical models. You will work with percentages, equations, graphs and probability, then explain what the calculations mean for a decision. Particular attention goes to units, assumptions and the interpretation of results from spreadsheets.
- Microeconomics. Study how households and firms make choices under scarcity. You will examine prices, incentives and market structures, then use diagrams and calculations to explain changes in behaviour. Examples include food markets, informal enterprises and access to essential services.
- Macroeconomics. Examine output, employment, inflation and external trade at economy level. You will connect household and business conditions to fiscal, monetary and exchange-rate decisions. Work with published indicators while distinguishing nominal values, real changes and differences between national contexts.
- Financial Accounting Foundations. Follow business transactions from source documents to a trial balance. You will use double-entry reasoning, reconcile control accounts and explain common errors. The module develops a clear audit trail before introducing the financial statements used by owners and other users.
- Management and the Business Environment. Explore how organisations pursue objectives within social, legal and economic conditions. You will compare ownership forms, identify the contribution of major business functions and examine the responsibilities of managers. Local cases include small enterprises, cooperatives and established companies.
- Planning and Organising Business Activities. Turn organisational objectives into coordinated work. You will develop plans, allocate responsibilities and examine how structures influence decisions. Cases introduce resource constraints, delegation and performance information, with attention to the practical relationship between a plan and everyday operations.
- Commercial Law Foundations. Recognise legal issues in ordinary business transactions. You will distinguish sources of law, examine how agreements arise and consider the rights and duties of contracting parties. Cases are labelled by jurisdiction so legal principles are not assumed to apply identically across borders.
- Business Ethics and Sustainability. Examine the responsibilities of organisations towards workers, customers, communities and the environment. You will identify conflicts between objectives and assess proposed responses using evidence. Cases address resource use, responsible sourcing, inclusion and honest reporting of social and environmental performance.
Stage 2: Core subjects
- Financial Reporting Fundamentals. Prepare basic financial statements from an adjusted trial balance. You will examine inventory, receivables, non-current assets and accruals, then explain how measurement choices affect reported performance. The emphasis is accurate preparation, supporting schedules and clear interpretation of the figures.
- Cost Accounting and Decision Support. Measure the cost of products, services and activities for management decisions. You will distinguish cost behaviour, allocate overheads and compare costing methods. Cases connect calculated costs with pricing, capacity and resource decisions while exposing the assumptions behind each method.
- Financial Management. Use financial information to support investment and financing decisions. You will evaluate cash flows, estimate funding needs and compare sources of finance. Decisions are examined alongside uncertainty, timing and organisational objectives, with clear separation between calculated results and management judgement.
- Business Statistics. Summarise data and judge the strength of numerical evidence. You will distinguish a population from a sample, choose appropriate summaries and interpret uncertainty. Business examples cover demand, customer service, workforce information and variation in operating performance.
- Monetary Economics. Examine money, banking and the transmission of monetary policy. You will connect financial institutions and central-bank choices with inflation, output and financial stability. Cases compare monetary arrangements and require a clear distinction between theoretical mechanisms and the evidence available for a particular economy.
- Investment Principles. Examine the relationship between risk, return and investment objectives. You will compare asset classes, interpret market information and build a reasoned investment analysis. The module stresses assumptions, diversification and the difference between historical performance and a defensible expectation about future outcomes.
- Working Capital Management. Manage the cash tied up in everyday operations. You will analyse inventory, receivables and payables, then compare policies affecting liquidity and customer relationships. Cases require you to balance financing cost, operating continuity and the practical risks of delayed receipts or payments.
- Insurance and Risk Financing. Compare ways of financing losses and examine the role of insurance contracts. You will assess exposures, interpret policy terms and consider the relationship between prevention, retention and transfer. Cases develop a practical understanding of claims evidence and the limits of cover.
- Personal Financial Planning. Organise household financial decisions around income, commitments and future needs. You will prepare budgets, compare borrowing and saving options, and examine protection and retirement considerations. The module uses fictional cases and emphasises suitability, transparent assumptions and the limits of classroom recommendations.
- Corporate Governance and Accountability. Examine how boards, executives and assurance functions share responsibility for organisational direction and control. You will analyse accountability arrangements and conflicts of interest, then assess the quality of governance information. Cases consider private companies, public entities and member-based organisations.
Stage 3: Specialist subjects and application
- Advanced Corporate Finance. Evaluate complex financing and investment choices using financial models and judgement. You will examine capital structure, valuation and corporate transactions, then test the sensitivity of recommendations. The module connects financial decisions with governance, uncertainty and the interests of different stakeholders.
- Corporate Treasury Management. Examine how treasury coordinates cash, funding and financial exposures. You will forecast liquidity, compare instruments and assess counterparty and currency risks. Activities require transparent assumptions and controls around authorisation, limits and the monitoring of financial positions across organisational units.
- Equity Valuation and Analysis. Analyse shares using company, industry and economic evidence. You will compare valuation approaches, examine sensitivity to assumptions and communicate the limits of an estimate. Cases connect financial statements and competitive position with the cash flows and risks relevant to an equity investor.
- Fixed-Income Analysis. Study debt instruments and the factors affecting their value. You will calculate prices and yields, examine credit and interest-rate exposure, and compare instruments against an investment objective. Cases require careful interpretation of contractual terms and the assumptions behind valuation measures.
- Financial Derivatives. Examine how derivative contracts transfer financial risk. You will explain the mechanics of forwards, futures, options and swaps, then compare their use in defined hedging situations. Activities distinguish the purpose of a hedge from speculation and document residual exposure and operational controls.
- International Finance and Exchange Rates. Examine financial transactions between economies and the forces affecting exchange rates. You will connect the balance of payments, capital flows and policy choices with business and public-sector exposure. Activities distinguish market relationships from policy assumptions and consider vulnerability to external shocks.
- Enterprise Risk Management. Identify uncertainty affecting organisational objectives and assess how existing controls respond. You will distinguish risk ownership, treatment and assurance, then develop monitoring information suited to management decisions. Cases include operational interruption, fraud, compliance failures and financial exposure.
- Research Methods and Evidence Analysis. Plan an enquiry suited to a specific social or organisational question. You will compare qualitative and quantitative approaches, prepare ethical data collection and assess evidence quality. The module connects research questions to sampling, analysis and clear reporting of uncertainty and limitations.
- Workplace Learning and Professional Portfolio. Connect taught subjects with supervised or carefully designed simulated professional work. You will agree learning objectives, record tasks and evaluate your decisions against evidence. The portfolio makes your individual contribution visible and identifies areas requiring further practice or specialist supervision.
- Integrated Business Research Project. Investigate a defined business problem by combining knowledge from several management subjects. You will frame a useful question, gather appropriate evidence and compare feasible responses. The final report explains the recommendation, implementation implications and limitations of the enquiry rather than claiming certainty.
Assessment and practical learning
- Financial calculations and interpretation tasks.
- Scenario-based spreadsheet models.
- An investment or financing recommendation and oral defence.
Practical application
Prepare a proposed investment appraisal for an anonymised enterprise. Compare demand, cost and funding scenarios, show the calculations and explain the conditions under which your recommendation changes.
Subject descriptions
Select a subject to read its learning outcomes, main topics, practical task and assessment.
Stage 1: Foundations
Business Communication
Prepare purposeful communication for colleagues, customers and decision makers. You will organise evidence, adjust tone for different audiences and check whether a message leads to the intended action. Examples include multilingual workplaces, professional correspondence and short management reports.
Learning outcomes
- Write a concise business report
- Record decisions and assigned actions
- Present evidence for a defined audience
Main topics
- Audience and purpose
- Professional correspondence
- Report structure
- Meeting records
- Presentations
- Intercultural communication
Practical task
Produce a report, meeting record and five-minute briefing about a service problem.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Digital Business Skills
Use everyday digital tools to organise business information accurately. You will build reliable spreadsheets, manage documents and share work responsibly. Activities address uneven connectivity, accessible communication and the protection of personal information in small organisations and public offices.
Learning outcomes
- Build a checked spreadsheet
- Organise retrievable business documents
- Apply appropriate access permissions
Main topics
- File organisation
- Word processing
- Spreadsheet formulas
- Presentations
- Collaborative working
- Privacy and access
Practical task
Create a shared office information pack with formulas, document versions and access instructions.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Business Quantitative Methods
Translate business questions into numerical models. You will work with percentages, equations, graphs and probability, then explain what the calculations mean for a decision. Particular attention goes to units, assumptions and the interpretation of results from spreadsheets.
Learning outcomes
- Solve a business equation
- Calculate interest and percentage changes
- Interpret a numerical model's assumptions
Main topics
- Percentages and ratios
- Algebra and functions
- Financial mathematics
- Linear models
- Probability
- Decision calculations
Practical task
Compare three purchasing or financing options in a spreadsheet with checked calculations.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Microeconomics
Study how households and firms make choices under scarcity. You will examine prices, incentives and market structures, then use diagrams and calculations to explain changes in behaviour. Examples include food markets, informal enterprises and access to essential services.
Learning outcomes
- Analyse a market change
- Calculate and interpret elasticity
- Compare competitive and concentrated markets
Main topics
- Scarcity and choice
- Demand and supply
- Elasticity
- Consumer choice
- Production and costs
- Market structures
Practical task
Explain a local price change using data, diagrams and alternative explanations.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Macroeconomics
Examine output, employment, inflation and external trade at economy level. You will connect household and business conditions to fiscal, monetary and exchange-rate decisions. Work with published indicators while distinguishing nominal values, real changes and differences between national contexts.
Learning outcomes
- Interpret a macroeconomic indicator
- Explain a policy transmission process
- Distinguish nominal and real changes
Main topics
- National accounts
- Growth and employment
- Inflation
- Fiscal policy
- Money and banking
- External balance
Practical task
Prepare an economic conditions briefing comparing two Southern African economies.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Financial Accounting Foundations
Follow business transactions from source documents to a trial balance. You will use double-entry reasoning, reconcile control accounts and explain common errors. The module develops a clear audit trail before introducing the financial statements used by owners and other users.
Learning outcomes
- Record transactions accurately
- Prepare a trial balance
- Reconcile a bank account
Main topics
- Accounting equation
- Source documents
- Double entry
- Ledgers
- Trial balance
- Bank reconciliation
Practical task
Process one month's transactions for a fictional enterprise and document corrections.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Management and the Business Environment
Explore how organisations pursue objectives within social, legal and economic conditions. You will compare ownership forms, identify the contribution of major business functions and examine the responsibilities of managers. Local cases include small enterprises, cooperatives and established companies.
Learning outcomes
- Compare organisational forms
- Map business functions
- Explain a management responsibility
Main topics
- Ownership forms
- Business environment
- Objectives
- Functional relationships
- Stakeholders
- Management responsibilities
Practical task
Map the operating environment and functional responsibilities of a selected organisation.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Planning and Organising Business Activities
Turn organisational objectives into coordinated work. You will develop plans, allocate responsibilities and examine how structures influence decisions. Cases introduce resource constraints, delegation and performance information, with attention to the practical relationship between a plan and everyday operations.
Learning outcomes
- Develop an operational plan
- Allocate roles and resources
- Select suitable performance measures
Main topics
- Planning levels
- Decision making
- Organisational structures
- Delegation
- Coordination
- Performance controls
Practical task
Prepare a quarterly operating plan with responsibilities, resources and review points.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Commercial Law Foundations
Recognise legal issues in ordinary business transactions. You will distinguish sources of law, examine how agreements arise and consider the rights and duties of contracting parties. Cases are labelled by jurisdiction so legal principles are not assumed to apply identically across borders.
Learning outcomes
- Identify a contractual issue
- Apply a legal rule to stated facts
- Explain available contractual remedies
Main topics
- Sources of law
- Contract formation
- Capacity and consent
- Breach and remedies
- Agency
- Consumer transactions
Practical task
Write a reasoned memorandum on a fictional supplier dispute using supplied legal materials.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Business Ethics and Sustainability
Examine the responsibilities of organisations towards workers, customers, communities and the environment. You will identify conflicts between objectives and assess proposed responses using evidence. Cases address resource use, responsible sourcing, inclusion and honest reporting of social and environmental performance.
Learning outcomes
- Analyse an ethical conflict
- Assess a sustainability claim
- Recommend measurable improvements
Main topics
- Ethical reasoning
- Stakeholder responsibilities
- Resource use
- Social inclusion
- Responsible sourcing
- Sustainability reporting
Practical task
Review a business practice and produce an evidence-based responsibility improvement plan.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Stage 2: Core subjects
Financial Reporting Fundamentals
Prepare basic financial statements from an adjusted trial balance. You will examine inventory, receivables, non-current assets and accruals, then explain how measurement choices affect reported performance. The emphasis is accurate preparation, supporting schedules and clear interpretation of the figures.
Learning outcomes
- Prepare year-end adjustments
- Compile basic financial statements
- Explain changes in reported performance
Main topics
- Adjusting entries
- Inventory
- Receivables
- Non-current assets
- Financial statements
- Cash-flow interpretation
Practical task
Complete year-end accounts and supporting schedules for a small entity.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Cost Accounting and Decision Support
Measure the cost of products, services and activities for management decisions. You will distinguish cost behaviour, allocate overheads and compare costing methods. Cases connect calculated costs with pricing, capacity and resource decisions while exposing the assumptions behind each method.
Learning outcomes
- Calculate product and service costs
- Compare costing methods
- Identify relevant decision costs
Main topics
- Cost behaviour
- Job costing
- Process costing
- Overhead allocation
- Activity-based costing
- Relevant costs
Practical task
Prepare a cost report and recommend a response to a pricing or capacity decision.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Financial Management
Use financial information to support investment and financing decisions. You will evaluate cash flows, estimate funding needs and compare sources of finance. Decisions are examined alongside uncertainty, timing and organisational objectives, with clear separation between calculated results and management judgement.
Learning outcomes
- Appraise an investment
- Estimate financing requirements
- Interpret financial performance ratios
Main topics
- Time value of money
- Cash-flow estimation
- Investment appraisal
- Cost of capital
- Financing choices
- Financial ratios
Practical task
Prepare a funding and investment recommendation with sensitivity calculations.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Business Statistics
Summarise data and judge the strength of numerical evidence. You will distinguish a population from a sample, choose appropriate summaries and interpret uncertainty. Business examples cover demand, customer service, workforce information and variation in operating performance.
Learning outcomes
- Select an appropriate data summary
- Interpret a confidence interval
- Explain limits of a correlation
Main topics
- Sampling
- Descriptive statistics
- Probability distributions
- Confidence intervals
- Hypothesis testing
- Correlation and regression
Practical task
Analyse an anonymised service dataset and write a short evidence report.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Monetary Economics
Examine money, banking and the transmission of monetary policy. You will connect financial institutions and central-bank choices with inflation, output and financial stability. Cases compare monetary arrangements and require a clear distinction between theoretical mechanisms and the evidence available for a particular economy.
Learning outcomes
- Explain a monetary transmission channel
- Analyse a policy change
- Evaluate a stability concern
Main topics
- Money demand
- Money supply
- Banking systems
- Policy instruments
- Transmission mechanisms
- Financial stability
Practical task
Write a monetary policy briefing using a supplied indicator dataset.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Investment Principles
Examine the relationship between risk, return and investment objectives. You will compare asset classes, interpret market information and build a reasoned investment analysis. The module stresses assumptions, diversification and the difference between historical performance and a defensible expectation about future outcomes.
Learning outcomes
- Compare investment characteristics
- Calculate risk and return measures
- Explain diversification
Main topics
- Asset classes
- Risk and return
- Diversification
- Market information
- Investment objectives
- Portfolio foundations
Practical task
Prepare an investment comparison for a fictional investor with stated objectives.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Working Capital Management
Manage the cash tied up in everyday operations. You will analyse inventory, receivables and payables, then compare policies affecting liquidity and customer relationships. Cases require you to balance financing cost, operating continuity and the practical risks of delayed receipts or payments.
Learning outcomes
- Calculate working capital needs
- Evaluate a credit policy
- Recommend a liquidity improvement
Main topics
- Cash conversion cycle
- Receivables
- Inventory finance
- Payables
- Short-term funding
- Liquidity controls
Practical task
Build a cash conversion and short-term funding plan for a fictional business.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Insurance and Risk Financing
Compare ways of financing losses and examine the role of insurance contracts. You will assess exposures, interpret policy terms and consider the relationship between prevention, retention and transfer. Cases develop a practical understanding of claims evidence and the limits of cover.
Learning outcomes
- Compare risk-financing options
- Interpret a coverage limitation
- Prepare a claims evidence schedule
Main topics
- Risk financing
- Insurable exposures
- Policy terms
- Underwriting
- Claims
- Retention and transfer
Practical task
Recommend a risk-financing arrangement for a fictional organisation.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Personal Financial Planning
Organise household financial decisions around income, commitments and future needs. You will prepare budgets, compare borrowing and saving options, and examine protection and retirement considerations. The module uses fictional cases and emphasises suitability, transparent assumptions and the limits of classroom recommendations.
Learning outcomes
- Prepare a household cash plan
- Compare borrowing costs
- Explain a saving strategy
Main topics
- Household budgets
- Borrowing
- Savings
- Protection
- Retirement planning
- Financial goals
Practical task
Create a financial plan for a fictional household with alternative income scenarios.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Corporate Governance and Accountability
Examine how boards, executives and assurance functions share responsibility for organisational direction and control. You will analyse accountability arrangements and conflicts of interest, then assess the quality of governance information. Cases consider private companies, public entities and member-based organisations.
Learning outcomes
- Map governance responsibilities
- Analyse a governance weakness
- Recommend an accountability improvement
Main topics
- Board responsibilities
- Accountability
- Committees
- Conflicts of interest
- Assurance coordination
- Governance reporting
Practical task
Prepare a governance review with a responsibility map and prioritised recommendations.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Stage 3: Specialist subjects and application
Advanced Corporate Finance
Evaluate complex financing and investment choices using financial models and judgement. You will examine capital structure, valuation and corporate transactions, then test the sensitivity of recommendations. The module connects financial decisions with governance, uncertainty and the interests of different stakeholders.
Learning outcomes
- Value a business using stated assumptions
- Compare financing strategies
- Test a major investment decision
Main topics
- Capital structure
- Business valuation
- Payout policy
- Mergers and acquisitions
- Capital rationing
- Scenario analysis
Practical task
Prepare a corporate finance recommendation with alternative scenarios and valuation workings.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Corporate Treasury Management
Examine how treasury coordinates cash, funding and financial exposures. You will forecast liquidity, compare instruments and assess counterparty and currency risks. Activities require transparent assumptions and controls around authorisation, limits and the monitoring of financial positions across organisational units.
Learning outcomes
- Prepare a liquidity forecast
- Assess a treasury exposure
- Design a treasury control
Main topics
- Cash forecasting
- Bank relationships
- Funding instruments
- Foreign exchange
- Interest-rate exposure
- Treasury controls
Practical task
Produce a treasury policy and cash forecast for a regional trading company.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Equity Valuation and Analysis
Analyse shares using company, industry and economic evidence. You will compare valuation approaches, examine sensitivity to assumptions and communicate the limits of an estimate. Cases connect financial statements and competitive position with the cash flows and risks relevant to an equity investor.
Learning outcomes
- Estimate an equity value
- Compare valuation methods
- Explain valuation uncertainty
Main topics
- Financial analysis
- Industry analysis
- Dividend models
- Cash-flow valuation
- Multiples
- Sensitivity testing
Practical task
Submit an equity analysis with independent valuation approaches and sensitivity results.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Fixed-Income Analysis
Study debt instruments and the factors affecting their value. You will calculate prices and yields, examine credit and interest-rate exposure, and compare instruments against an investment objective. Cases require careful interpretation of contractual terms and the assumptions behind valuation measures.
Learning outcomes
- Value a bond
- Interpret duration
- Assess a debt investment's risks
Main topics
- Bond cash flows
- Pricing and yields
- Term structure
- Duration
- Credit risk
- Debt portfolios
Practical task
Build and explain a bond valuation and interest-rate sensitivity worksheet.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Financial Derivatives
Examine how derivative contracts transfer financial risk. You will explain the mechanics of forwards, futures, options and swaps, then compare their use in defined hedging situations. Activities distinguish the purpose of a hedge from speculation and document residual exposure and operational controls.
Learning outcomes
- Explain a derivative payoff
- Compare hedging instruments
- Assess residual risk
Main topics
- Forwards
- Futures
- Options
- Swaps
- Hedging
- Derivative controls
Practical task
Prepare a simulated currency or interest-rate hedge with payoff analysis.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
International Finance and Exchange Rates
Examine financial transactions between economies and the forces affecting exchange rates. You will connect the balance of payments, capital flows and policy choices with business and public-sector exposure. Activities distinguish market relationships from policy assumptions and consider vulnerability to external shocks.
Learning outcomes
- Interpret external accounts
- Analyse exchange-rate exposure
- Evaluate an external adjustment option
Main topics
- Balance of payments
- Exchange-rate regimes
- Parity conditions
- Capital flows
- External debt
- Financial crises
Practical task
Write an external-sector risk briefing with a currency scenario analysis.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Enterprise Risk Management
Identify uncertainty affecting organisational objectives and assess how existing controls respond. You will distinguish risk ownership, treatment and assurance, then develop monitoring information suited to management decisions. Cases include operational interruption, fraud, compliance failures and financial exposure.
Learning outcomes
- Build a risk register
- Assess control effectiveness
- Recommend a proportionate treatment
Main topics
- Risk context
- Identification
- Assessment
- Controls
- Treatment options
- Risk reporting
Practical task
Prepare a risk-control assessment for a fictional enterprise process.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Research Methods and Evidence Analysis
Plan an enquiry suited to a specific social or organisational question. You will compare qualitative and quantitative approaches, prepare ethical data collection and assess evidence quality. The module connects research questions to sampling, analysis and clear reporting of uncertainty and limitations.
Learning outcomes
- Formulate a research question
- Select a defensible research design
- Prepare an ethical data collection plan
Main topics
- Research questions
- Literature review
- Design choices
- Sampling
- Ethics
- Data analysis
Practical task
Submit a research proposal, instruments and a worked analysis of a pilot dataset.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Workplace Learning and Professional Portfolio
Connect taught subjects with supervised or carefully designed simulated professional work. You will agree learning objectives, record tasks and evaluate your decisions against evidence. The portfolio makes your individual contribution visible and identifies areas requiring further practice or specialist supervision.
Learning outcomes
- Set assessable workplace objectives
- Document your contribution
- Evaluate professional learning needs
Main topics
- Learning agreement
- Professional conduct
- Work evidence
- Supervisor feedback
- Reflective analysis
- Improvement planning
Practical task
Compile a verified or simulated workplace portfolio with supervisor or facilitator feedback.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Integrated Business Research Project
Investigate a defined business problem by combining knowledge from several management subjects. You will frame a useful question, gather appropriate evidence and compare feasible responses. The final report explains the recommendation, implementation implications and limitations of the enquiry rather than claiming certainty.
Learning outcomes
- Frame a researchable business problem
- Analyse relevant evidence
- Defend a feasible recommendation
Main topics
- Problem definition
- Research ethics
- Evidence collection
- Analysis
- Recommendations
- Implementation evaluation
Practical task
Complete an individual business investigation and present the resulting improvement proposal.
Assessment
Assessment combines applied exercises, a documented case or practical portfolio and an individual written or oral explanation. Judgement considers technical accuracy, reasoning, evidence quality and the feasibility of recommendations.
Instructors
