ICM252-Strategic Planning and Budgeting

Module Provider: ICMA Centre
Number of credits: 10 [5 ECTS credits]
Level:7
Terms in which taught: Spring term module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Current from: 2019/0

Module Convenor: Dr Linda Arch

Email: linda.arch@icmacentre.ac.uk

Type of module:

Summary module description:

This module enables students to explore in detail the concepts of strategic planning and strategic budgeting. It introduces a range of techniques for strategic (or capital) budgeting. It illustrates concepts using a number of topical, real-world examples. 


Aims:

This module aims to introduce students to key concepts connected with strategic planning and budgeting; to introduce capital budgeting techniques; to consider risk in strategic planning and budgeting; and to consider modelling in practice. 


Assessable learning outcomes:

By the end of the module it is expected that students will be able to:



• Understand the purpose and need for strategic planning and budgeting



• Understand the techniques associated with strategic (or capital) budgeting



• Understand good practice with respect to Excel spreadsheet models


Additional outcomes:

Outline content:

The lecture topics will include:



•Strategic planning and budgeting

•Forecasting

•Strategic (or capital) budgeting techniques and their limitations

•Sensitivity analysis

•Good practice in Excel spreadsheet modelling


Brief description of teaching and learning methods:

The core theory and concepts will be presented during lectures. Seminars will be used to practice techniques or for critical analysis


Contact hours:
  Autumn Spring Summer
Lectures   10  
Tutorials/seminars   5  
Practicals   2  
Other contact (eg study visits)      
       
Total hours   17  
       
Number of essays or assignments      
Other (eg major seminar paper)      

Summative Assessment Methods:
Method Percentage
Written exam 75
Class test administered by School 25

Summative assessment- Examinations:

2-hour closed book written examination: 75%


Summative assessment- Coursework and in-class tests:

1-hour multiple choice test 25%

 


Formative assessment methods:

Penalties for late submission:
Penalties for late submission on this module are in accordance with the University policy. Please refer to page 5 of the Postgraduate Guide to Assessment for further information: http://www.reading.ac.uk/internal/exams/student/exa-guidePG.aspx

Assessment requirements for a pass:
50% weighted average mark

Reassessment arrangements:

Re-sit examination to be taken in August/September.


Additional Costs (specified where applicable):

Last updated: 8 April 2019

THE INFORMATION CONTAINED IN THIS MODULE DESCRIPTION DOES NOT FORM ANY PART OF A STUDENT'S CONTRACT.

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