Managing Financial and Human Resources for Sustainable Business Success

Summary of module for applicants:

The module aims to develop the personal and professional skills that enhance employability and career opportunities. On the other hand, the module aims to develop your understanding and skills in people management and leadership. You will learn some key theories that underpin the latest thinking in the knowledge and skills of being an outstanding leader and manager, regardless of sector (private, public, or non-profit sector).

Main topics of study:

• Financial Planning and Control by Budgeting
• Cash Budget and Decision Making
• Investment Appraisal
• Financial Statements
• Financial Performance Analysis
• Introduction to Capital Markets, Market Efficiency and Risk Return
• Leadership and Management
• Managing Individual and Team/Group in Organisation
• Flexibility and Change Management (Theories and Models)
• Motivating and Engaging Employee
• Equality, Diversity, and Inclusion
• Developing Self-awareness and Awareness of Others

Learning Outcomes for the module
The following codes identify where a learning outcome meets one of the UEL core competencies:

• Digital Proficiency - Code = (DP)
• Industry Connections - Code = (IC)
• Emotional Intelligence Development - Code = (EID)
• Social Intelligence Development - Code = (SID)
• Physical Intelligence Development - Code = (PID)
• Cultural Intelligence Development - Code = (CID)
• Community Connections - Code = (CC)
• UEL Give-Back - Code = (UGB)
• Cognitive Intelligence – Code = (COI)

At the end of this module, students will be able to:

Knowledge
1. Analyse and critically evaluate major ideas and practices in the field of people management.
2. Evaluate major contemporary theoretical and managerial perspectives on people management.
3. Demonstrate an understanding of different markets and sources of finance; and the role of budgeting in an organization.
4. Be able to assess budgets based financial data to support organizational objectives (CMI Los 2).

Thinking
5. Engage critically and analytically with literature relating to major developments in the field of people management.
6. Appreciate how research into effective people management underpins thinking in the other, more specialised fields of HRM and HRD practice that you will be studying.
7. Analyse the information contained in a company’s annual report; and appraise finance and investment decision.

Subject-based practical skills
8. Ability to effectively apply HR theories and models to situations and various scenarios.
9. Effectively apply key ratios appropriate for analysing the financial performance of the organization.
10. Effectively apply budgets and investment appraisal techniques.

11.Understand how to evaluate financial proposals for expenditure submitted by others (CMI Los 3).

Skills for life and work (general skills)
12. Develop and express strong, original and well-justified arguments to support your views.
13. Advise colleagues and senior managers about making improvements to management systems and thinking in organizations.
14. Demonstrate an understanding of the context within which accounting operates, and the various local and international standards that need to be complied with.