Banking, Finance & Management

The Programme comprises of four key ‘courses’:

Summarised details of each course comprising this Honours Diploma:

BANKING

Banking; savings, money and loans; financial intermediaries and markets.
Explaining the roles and activities of banking.
An overview of different aspects of banking.
Retail banking; transferring money, lending and scoring, and other retail bank services.
Corporate banking: lending, and other key activities; interest rates.
How banks operate, liquidity and reserves.
Asset and liability management.
Bank financial statements.
Investment banking: services to companies and governments.
Investment banking: market trading activities.
Mutuals and Finance Houses, factoring and leasing.
International banking; banking across borders.
Banking in the UK, Europe, North and South America, Asia, Australasia, the Middle East, Africa.
Instruments and markets: debt and futures markets; swaps and options; foreign exchange markets.
Central banking and regulation Monetary policy.

BUSINESS MANAGEMENT & ADMINISTRATION

Capital and the financing of businesses, sources of capital, share issues.
Working capital, cash and funds flow; revenue, income, expenditure, overheads.
Business units: sole-proprietors, partnership firms, limited liability companies.
Board of Directors, formation, responsibilities and duties.
Business organisation; structure, reporting, spans of control.
Business environment, trading enterprises; factors in business location.
Planning and forecasting in business, the business plan; starting or taking over a business.
Budgeting and budgetary control, the master budget and sub-budgets.
Management of personnel: recruiting, selecting, inducting, training, controlling, remunerating.
Motivation, human resources; health and safety in the workplace, communication, job analysis.
Principles of selling, sales and marketing management, market research, sales promotion, pricing policy.
Office management, office organisation, set-up, equipment, data and information.
Production management, production methods, materials handling.
Credit, credit control, credit limits and bad debts; discounts: trade, quantity, others.
Stock and inventory control, stocktaking. Purchasing and resourcing, suppliers.
Financial accounting, books of account, interpretation, accounting ratios.

FINANCIAL MANAGEMENT

Nature and importance of capital investment decisions; resources involved.
Investment appraisal methods, accounting rate of return (ARR), return on capital employed (ROCE), payback period.
Net present value (NPV), risk in investment appraisal, calculating and using probabilities.
Impact of interest and inflation, premiums; considering wealth.
Investment in practice and reality, logical investors.
The cost of capital; review and control for capital expenditure projects, decision management, audit.
Short-term finance, gearing, factoring, discounting.
Sources of finance: internal, external, profits, credit control.
Long-term finance, the stock exchange, primary and secondary markets, stock listing.
Shares, share issues, debentures, small business finance, venture capital, funding, business angels, Government.
Managing working capital, definition, elements, scale of capital.
Managing stocks, stock ordering systems, MRQ, JIT, inventory models.
Budgeting for demand, financial ratios, debtor and credit control.
The working capital cycle; discounts, collection policies, settlement period.
Cash management and budgets, the cash cycle.
Policies for working capital control; balance, banking, overdrafts.

ADVANCED MANAGEMENT & ADMINISTRATION THEORY & PRACTICE

The evolution of management theory, principles of management.
The classical and early theorists; Fayol, Weber, Taylor, Mayo, scientific management, authority, discipline, modern developments.
Organisational theory: objectives, categories, ownership, environmental factors and interaction.
Open and closed systems theory.
Coordination, cooperation, structure, control.
Communication theory.
Organisational structures, planning, growth, development, organisation charts, systems diagrams.
Duties and responsibilities of executives, delegation, responsibility.
Mission, vision, values, MBWA.
Motivational theory: human relations, social psychology; self-realisation, motivation-hygiene, expectancy theory.
Argyis, Maslow, McGregor, Likert, Herzberg, Vroom, Handy; intrinsic and extrinsic factors.
Leadership theory: traits, style, contingency; theorists.
Building workgroups, group behaviour, norms, cohesiveness.
Managing change, culture, Moss Kanter, learning organisations, entrepreneurship.
Strategic management; Fayol, Chandler, Andrews, Ansoff, BCG, Porter, SWOT, barriers to entry, industrial competitiveness.
Corporate objectives, policies, business ethics, social responsibilities.