The Programme comprises of four key ‘courses’:

–>  Business Management & Administration

–>  Banking

–>  Financial Management

–>  Advanced Management & Administration Theory & Practice

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.