BSc (Hons) in Management Accounting (top up)

Programme Specification

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University of Derby Online Learning

Commencing January 2015

Programme code OLUAJ

JACS code N411

www.derby.ac.uk/ online

Table of Contents

SECTION ONE: General Information....................................................................................4

Programme Title..............................................................................................................................4

Award Title.......................................................................................................................................4

Mode of Study.................................................................................................................................4

Programme Start Date/Review Date............................................................................................4

Awarding Institution........................................................................................................................4

Faculty Managing the Programme...............................................................................................4

Institution(s) Delivering the Programme......................................................................................4

Relevant External Subject Benchmark Statement(s).................................................................4

External Accreditation/Recognition...............................................................................................4

JACS Code(s).................................................................................................................................4

N411.................................................................................................................................................4

Programme Specification Last Updated......................................................................................4

SECTION TWO: Overview......................................................................................................5

Overview of the Programme..........................................................................................................5

Programme Aims............................................................................................................................5

SECTION THREE: Programme Learning Outcomes...........................................................6

1. Appraise how management accounting theory can be used to interpret the financial health of a company.................................................................................................................6

2. Critically analyse a business situation and apply appropriate techniques in order to present a reasoned solution.....................................................................................................6

3. Identify, analyse and discuss current business issues.....................................................6

4. Evaluate possible alternative scenarios and provide a reasoned, coherent argument to possible alternative solutions...................................................................................................6

5. Evaluate strategic position and options of an organisation...............................................6

6. Evaluate the impact of strategy options............................................................................6

7. Appreciate the role of information systems in organisational strategy..............................6

SECTION FOUR: Programme Structure & Curriculum............................................................7

Structure and Curriculum...............................................................................................................7

Structure under Standard Rate of Study......................................................................................8

Structure under Accelerated Rate of Study.................................................................................9

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Structure with Advanced Standing...............................................................................................9

Personal Development Planning (PDP).......................................................................................9

SECTION FIVE: Programme Delivery.................................................................................11

Online Teaching and Learning Methods....................................................................................11

SECTION SIX: Assessment.................................................................................................13

General Approach.....................................................................................................................13

SECTION SEVEN: Admission.............................................................................................14

Entry Criteria..................................................................................................................................14

SECTION EIGHT: Student Support & Guidance................................................................15

Module Support.............................................................................................................................15

SECTION NINE: Post Programme Opportunities..............................................................16

SECTION TEN: Employer Links..........................................................................................16

Appendix 1: Accreditation of Prior Learning.............................................................................17

Appendix 2: BSc (Hons) and QAA Accounting 2007 Subject Benchmarks.........................18

Appendix 3: BSc (Hons) and FHEQ Level 6 Benchmarks.....................................................20

Appendix 4: Learning Outcomes and Curriculum Matrix........................................................23

Appendix 5: Mapping CIMA’s Strategic Level Syllabus to BSc (Hons) Management Accounting (top up).......................................................................................................................26

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SECTION ONE: General Information

Programme Title

BSc (Hons) in Management Accounting (top up)

Award Title

Bachelor of Science (Honours) in Management Accounting

Mode of Study

Online Distance Learning

Programme Start Date/Review Date

Start Date: January 2015Period of Validation: Indefinite

Awarding Institution

University of Derby

Faculty Managing the Programme

University of Derby Online Learning

Institution(s) Delivering the Programme

University of Derby

Relevant External Subject Benchmark Statement(s)

Quality Assurance Agency’s (QAA) Subject Benchmarks Statement for Accounting 2007

External Accreditation/Recognition

None

JACS Code(s)

N411

Programme Specification Last Updated

-

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SECTION TWO: OverviewOverview of the Programme

The BSc (Hons) Management Accounting degree aims to equip students with Management Accounting skills which will better enable them to take up management accounting positions within a sector of their choice. The programme has been designed to offer greater opportunity for graduates to develop the skills sets needed for employability. In order to achieve this aim we seek to offer a curriculum that is up to date, vocationally relevant, challenging and reflects the complex and challenging nature of the management accounting and business environment.

This programme will have 5 modules, Financial Strategy (20 Credit), Risk Management (20 Credit), Strategic Management (20 Credit), Research Methods (20 Credit) and Independent Study (40 Credit). All modules will be core and upon successful completion will lead to a BSc (Hons) Management Accounting award. Students will be given the opportunity to progress through the modules through an accelerated study pattern or a standard study pattern. Students entering on the basis of having an HNC + at least 3 years of relevant work experience, CIMA Operational Level + at least 3 years of relevant work experience or ACCA F1 – F3 + at least 3 years of relevant work experience will join as associates to the programme and need to pass an existing level 5 Macroeconomics for Business module prior to staring the top up (please see appendix 1 for more information on ‘relevant work experience’).

Programme Aims

To widen access to the University of Derby’s BSc (top up) programme by enabling CIMA students, and students with equivalent professional or academic qualifications, across the globe to acquire a BSc (Hons) Management Accounting from the University of Derby

To give students an opportunity to achieve a globally recognised academic qualification which will contribute to their personal development

To enable existing management accounting professionals to increase their employability prospects by topping up to a complete Bachelor’s degree

To ensure that students demonstrate mastery of management accounting and business concepts, skills and techniques through research, critical analysis, evaluation and suggested solutions to real management problems at a level appropriate to top up

Offer students an accounting curriculum that is up to date, vocationally relevant, challenging and reflects the complex and challenging nature of the management accounting and business environment

Provide a challenging, integrated programme of study that equips students with a sound knowledge of management accounting

Develop progressively cognitive, intellectual and practical skills within a relevant business context

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The BSc (Hons) top up programme should be regarded as satisfying the Threshold level of achievement on the QAA Benchmark for Finance (2007) and FHEQ level 6 descriptors.

SECTION THREE: Programme Learning OutcomesOn successful completion of the module, students will meet the following outcomes:

Knowledge and understanding of - 1. How principles of management accounting assist in the successful functioning of

an organisation2. How environmental factors impact the internal functioning of an organisation3. Major tools and theories of management accountancy which are relevant in

solving practical and theoretical problems4. Management accounting arrangements and internal governance structures that

can increase effectiveness and efficiency of organisations 5. Factors that influence investing behaviour6. Basic limitations of financial reporting in assisting management accounting

Intellectual skills which will enable them to -1. Appraise how management accounting theory can be used to interpret the

financial health of a company2. Critically analyse a business situation and apply appropriate techniques in order

to present a reasoned solution3. Identify, analyse and discuss current business issues4. Evaluate possible alternative scenarios and provide a reasoned, coherent

argument to possible alternative solutions5. Evaluate strategic position and options of an organisation6. Evaluate the impact of strategy options7. Appreciate the role of information systems in organisational strategy8. Appreciate the impact of and response to organisational risks

Practical skills which will enable them to -1. Appraise empirical evidence or existing theories2. Evaluate strategic options 3. Formulate strategy by interpreting financial data and to manipulate this data4. Evaluate the interaction of the organisation with the competitive environment5. Formulate a financial strategy and manage financial risks 6. Conduct an independent research

Transferable/key skills which will enable them to -1. Learn independently, be self-aware and self-manage their time and workload 2. Communicate effectively (including verbal, written, giving and receiving feedback,

presenting ideas to an audience) 3. Apply critical thinking to problem solving4. Work effectively with others and exhibit social responsibility5. Appreciate the skills necessary to develop professionally

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SECTION FOUR: Programme Structure & CurriculumStructure and Curriculum

The online BSc (Hons) Management Accounting top up provision at level 6 is designed to allow students who have completed the Management Level of the CIMA syllabus, equivalent professional accounting qualifications or external business, finance or accountancy qualifications up to level 5 to ‘top up’ their qualifications to a degree. The BSc will also take into consideration prior work experience and enable students who have completed the Operational Level of CIMA, F1 –F3 of ACCA or HNC in business, finance or accountancy qualifications and equivalent with 3 years of work experience to join the programme. All modules will be compulsory and will be delivered in over three trimesters a year with options for a standard rate or an accelerated study.

The programme will have four 20 credit module which will include Financial Strategy, Risk Management, Strategic Management and Research Methods, and a 40 credit Independent Study Module. All 20 credits modules will be equivalent to 200 learning hours, and the 40 credit module will be equivalent to 400. In addition students seeking entry on the basis of an HNC, CIMA Operational Level, ACCA F1 – F3 and relevant work experience will have pass a level 5 Macroeconomics for Business module (20 credit) prior to starting the top up modules.

When viewed holistically the programme contains a combination of all the learning design types that specifically reflect the nature of online learning. These are identified in the module specifications as:

Self-paced, supported online learning (S) Self-paced, supported online learning (S) in combination with Collaborative online

learning (C) Self-paced, supported online learning (S) in combination with Portfolio-based,

reflective online learning (P)

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Structure under Standard Rate of Study

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Structure under Accelerated Rate of Study

Structure with Advanced Standing

Personal Development Planning (PDP)

The programme team regard the integration of PDP into the programme as an essential requirement towards supporting student centred learning. This is essential also to one of the main outcomes of student participation upon the degree – that of employability. This is promoted through development planning within the modules.

Drawing on the model and range of graduate skills identified by Jackson, Sibson and Riebe (2013), these are grouped and mapped against each learning design type to ensure that you have the opportunity to develop all of them within your programme.

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To support the understanding and development of these skills you will be offered a skills diagnosis opportunity at the beginning of your programme. From this you will be directed to a range of resources to help you to develop your own competencies.

During your programme you will be directed to activities that assist you in developing your career plan, your use of tools and technologies and your academic scholarship. The types of activities you encounter will be appropriate for the module (and learning design type) you are studying. This approach will give you the opportunity to develop and demonstrate new skills within your module and as you progress through your programme.

To support the understanding and development of these skills you will be offered a skills diagnosis opportunity at the beginning of your programme. From this you will be directed to a range of resources to help you to develop your own competencies.

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You are able to network with peers at the programme level as well as the module level, many of whom are Management Accounting professionals, globally located hence interaction and collaborative work offers you excellent networking opportunities.

During your programme you will be directed to activities that assist you in developing your career plan, your use of tools and technologies and your academic scholarship. The types of activities you encounter will be appropriate for the module (and learning design type) you are studying. This approach will give you the opportunity to develop and demonstrate new skills within your module and as you progress through your programme.

Jackson, D., Sibson, R. & Riebe, L. (2013). Delivering work-ready business graduates-keeping our promises and evaluating our performance. Journal of Teaching and Learning for Graduate Employability, 4 (1), 2-22.

SECTION FIVE: Programme DeliveryOnline Teaching and Learning Methods

This programme is underpinned by the University of Derby Online Learning’s Academic Framework. This framework outlines the teaching and learning approach taken within modules delivered through the online mode. Modules within the Management Accounting (top up) programme use the “Self-paced, Supported Online Learning” learning design, the “Collaborative Online Learning” design and the “Reflective Online Learning” design.

The key features of self-paced, supported online learning are:

You can work through the module at your own pace, with a tutor and peer group to call on for support, with a set of optional tasks to undertake to support your learning and with explicitly identified formative assessment activities about which you receive online feedback and guidance from your online tutor.

You are provided with a set number of units of learning content. Content can be textual; can include video and audio material, screencasts or presentations with voiceovers.

Each unit of content contains optional tasks for you to undertake to apply or ‘process’ the content. These activities will include suggestions for postings you could make in the community space for the module.

Each module contains explicitly identified formative assessment activity that you can undertake and for which you can expect to receive feedback from your tutor.

You may be provided with the opportunity to participate in a set number of live classroom sessions during the module (and recordings of these sessions will be made available to everyone on the module).

The key features of collaborative online learning are:

At a set point or points within the module, you are required to participate in online collaborative activity with a small group of your peers which contributes towards your final assessment for the module.

A primary responsibility of the tutor will be to facilitate the assessed collaborative activity.

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The collaborative activity will take place within a private space for each group within the module’s ‘Community space’ on Blackboard.

You are provided with a set number of units of learning content. Content can be textual; can include video and audio material, screencasts or presentations with voiceovers.

Some of the units of content contain optional tasks for you to undertake to apply or ‘process’ the content.

There will be a community space / discussion area for the module which is the primary space for you to receive support from tutors and peers.

The community space / discussion area will be lead and managed by online tutors. You may be provided with the opportunity to participate in a set number of live

classroom sessions during the module (and recordings of these sessions will be made available to everyone on the module).

The key features of reflective online learning are:

As you work through the module, you are set activities that require you to contribute to a ‘portfolio' of work which contributes to your final assessment for the module.

The portfolio or collection of reflection (which may be a blog or journal) can be used to assess knowledge, to assess reflective skills (such as analysis, synthesis or evaluation, often higher level skills) or to assess development over a period of time

You are provided with a set number of units of learning content. Content can be textual; can include video and audio material, presentations with voiceovers.

There will be a community space / discussion area for the module which is the primary space for you to receive support from tutors and peers.

The community space / discussion area will be lead and managed by online tutors. A primary responsibility of the tutor will be to facilitate and provide formative feedback

on the production and development of your portfolio of work. You may be provided with the opportunity to participate in a set number of live

classroom sessions during the module (and recordings of these sessions will be made available to everyone on the module).

More detail on the University of Derby Online Learning’s Academic Framework (which has been approved by the University’s Academic Board) can be found at: http://www.derbyonlinelearning.co.uk/content1.asp?MenuID=3641&courseId=UDO7714

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SECTION SIX: AssessmentGeneral Approach

Modules are typically assessed through one or more coursework assignments. Depending on the nature of a given coursework assignment, you may be given the assignment specification at the beginning of the module for hand-in at the end of the module, or it may be given later in the module to complete before a set deadline. Normally, you receive feedback on coursework within three weeks of submission or completion. Modules also provide ample opportunities for formative feedback to guide you in your learning.

A common approach is for activities to be set based on the content of an online unit and then provide you with the opportunity to discuss this work in online discussions. The feedback may be in groups or to you individually.

Coursework assignments may involve essays, reports, projects, answering questions, or various combinations of these submitted as a portfolio of work. Coursework assignments may be individual or collaborative (i.e., involve group work). Some may be based entirely on material covered in online units or others may require independent research.

Assignments will be submitted in line with the University’s requirement for the electronic submission of all assessment tasks.

The assessment strategy for students undertaking the Level 6 (top up) programme online also takes into account the different learning needs of online students. The following principles also inform our approach:

To include a range of assessment types, with these being viewed holistically, within and across a programme structure.

To ensure that you are well-informed in advance of a module of the assessed online activity.

To ensure that at the very beginning of a module you are made very clearly aware of the specific, assessed, activities or online participation that will be required of you and of the assessment criteria involved.

To take a well-planned approach to the initiation of new or unusual assessment activity, paying attention to the need for clear instructions and opportunities to undertake low-risk preparatory activities to support familiarity with the technology involved or the development of new skills.

To ensure that sufficient time is allowed within modules where there are multiple assessment types for you to grasp the different approaches to assessment.

Assessments for all modules have been designed to be inclusive for all students.

Further detail on the University of Derby Online Learning’s approach to assessment can be found within our Academic Framework: http://www.derbyonlinelearning.co.uk/content1.asp?MenuID=3642&courseId=UDO7714

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This programme operates within the University’s Regulatory Framework and conforms to its regulations on assessment

SECTION SEVEN: Admission

Within the context of the University’s Mission Statement, equal opportunities and the Admissions policy, the course aims to attract a wide range of applicants.

We welcome and encourage applications from people of all ages as long as they can be considered adequately prepared to succeed on the programme. There are no upper or lower age limits for entry to the course. All applicants must satisfy the entry criteria but also be suitably prepared to achieve the aims and objectives of the programme.

The primary function of the admissions process is to ensure that there are grounds for believing that you are adequately prepared and will successfully complete the programme of study leading to the intended award.

If you are a non-standard entrant you may be required to submit evidence of your work experience and counselled before being offered a place to ensure that you have the necessary capacity for critical awareness and reflection.

Entry Criteria

Normal entry qualifications would include:

A HND or Foundation Degree in a business, accountancy or finance subject from a UK university or, if obtained elsewhere, that is recognised in the NARIC database

Edexcel BTEC Level 5 HND Diploma in Business

CIMA Advanced Diploma in Management Accounting/CIMA Management Stage

ICAEW Professional Level

ACCA F1 – F3 + 3 papers from F4 – F6

CIPFA Professional Diploma

CIMA Operational Level + at least 3 years of relevant full time work experience *

HNC in business, accountancy or finance subject + at least 3 years of relevant full time work experience *

ACCA F1 – F3 + at least 3 years of relevant full time work experience *

Other professional qualifications will be considered on a case by case basis to determine suitability for entry.

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*Students who want to gain entry on the basis of an HNC + work experience, CIMA Operational Level + work experience or ACCA F1 – F3 + work experience will need to first enrol on and pass a level 5 Macroeconomics for Business module as an associate student prior to entering the top up.

Students who are not native speakers of English will be required to demonstrate a level of proficiency adequate for study at degree level. This will generally be assessed by one of the recognized international tests in English proficiency such as IELTS with a minimum of 6.0.

SECTION EIGHT: Student Support & Guidance

For online students there is an Online Student Orientation which serves the purpose of highlighting the particular needs of online study and to prepare students for the online learning environment. This orientation is available to you before formal entry to the programme and is accessible to you throughout your studies.

As an enrolled student there are a number of support mechanisms available including;

Online Learning Advisors team who provide advice and guidance on administrative, technical and pastoral support issues,

Subject specialist Academic Leads who are able to provide academic guidance and are also able to refer students to central university services designed to support their academic and personal development within the programme.

Within the University of Derby Online Learning’s Academic framework we also discuss student support and the opportunities available to students. More detail in this area is available from http://www.derbyonlinelearning.co.uk/content1.asp?MenuID=3643&courseId=UDO7714

Module Support

Problems or questions regarding a particular module should be directed initially to the Associate Academic, the person who leads the online module. If they are unable to help, you should then contact the Online Learning Advisors team for guidance and they will provide assistance on what to do next.

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SECTION NINE: Post Programme OpportunitiesThis programme is designed to provide you with the practical skills and knowledge to help make you employable within the management accounting sector or to enhance career prospects if you are already employed within the accounting sector.

Whilst most students who complete and pass this programme are likely to progress into full time employment, Derby University offers a wide range of courses at postgraduate level and you are encouraged to consider further study as a post programme option.

The programmes that Derby University currently offers are as follows:

MSc Strategic Management (online option) MBA (online and on campus option) MSc International Business (on campus option) MSc Accounting and Finance (on campus option)

SECTION TEN: Employer LinksThe University of Derby has direct links to a wide range of organisations working in the field of management accounting. These range from large corporate organisations in the private sector, national and local government departments to smaller specialised companies.

The University of Derby Online Learning (UDOL) also employs online tutors (Associate Academics) with current industry and research experience. These tutors provide input to the programme providing another link with industry allowing us to create an employer-informed curriculum across the programme.

UDOL also benefit from links with international partners who work with us to enhance the programme for the benefit of both UK and international students.

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Appendix 1: Accreditation of Prior Learning

In order to utilise your prior work experience to gain entry to the programme you will need to submit:

a statement of intent a narrative detailing 3 years’ worth of current relevant work experience a collaborative testimony from your employer/line manager confirming your

achievement and a detailed CV plus a level 4 qualification or professional equivalent

Your narrative will need to be a reflective and analytical account of the tasks you perform on a regular basis that demonstrate skills such as preparation of management accounts; planning, budgeting and forecasting; management reporting for decision making; product and service costing; information management; project appraisal; project management; working capital control; risk management and business assurance etc.

The tasks stated above can demonstrate your expertise in financial strategy, corporate finance, treasury management, taxation, business evaluation and appraisal, business strategy or external relationships etc.

Your narrative will need to be submitted with your application in order to be assessed for validity, currency, sufficiency and authenticity

Please note the university reserves the right to reject applications if the experience is not deemed to be appropriate for the purpose of the programme or if authenticity cannot be confirmed.

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Appendix 2: BSc (Hons) and QAA Accounting 2007 Subject Benchmarks

QAA Accounting 2007 Subject Benchmark Statements Fi

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Subject-specific knowledge and skills

Contexts in which accounting can be seen as operating

The main current technical language and practices of accounting in a specified socio-economic domain

Some of the alternative technical languages and practices of accounting of accounting

Skills in recording and summarising transactions and other economic events; preparation of financial statements; analysis of the operations of business financial analysis and projections

Contemporary theories and empirical evidence concerning accounting in at least one of its contexts and the ability to critically evaluate such theories and evidence

Theories and empirical evidence concerning financial management, risk and the operation of capital markets

Cognitive abilities and generic skills

The capacity for the critical evaluation of arguments and evidence

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The ability to analyse and draw reasoned conclusions to a more limited extent, unstructured problems from a given concerning structured and, set of data and from data which must be acquired by the student

The ability to locate, extract and analyse data from multiple sources, including the acknowledgement and referencing of sources

Capacities for independent and self-managed learning

Numeracy skills, including the ability to manipulate financial and other numerical data and to appreciate statistical concepts at an appropriate level

Skills in the use of communications and information technology in acquiring, analysing and communicating information

Communication skills including the ability to present quantitative and qualitative information, together with analysis, argument and commentary, in a form appropriate to the intended audience

An ability to work in groups, and other interpersonal skills, including oral as well as written presentation skills

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Appendix 3: BSc (Hons) and FHEQ Level 6 Benchmarks

Descriptor for a higher education qualification at level 6: Bachelor's degree with honours Fi

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Bachelor's degrees with honours are awarded to students who have demonstrated:

A systematic understanding of key aspects of their field of study, including acquisition of coherent and detailed knowledge, at least some of which is at, or informed by, the forefront of defined aspects of a discipline

an ability to deploy accurately established techniques of analysis and enquiry within a discipline

conceptual understanding that enables the student: - to devise and sustain arguments, and/or to solve problems, using ideas and techniques, some of which are at the forefront of a discipline - to describe and comment upon particular aspects of current research, or equivalent advanced scholarship, in the discipline

an appreciation of the uncertainty, ambiguity and limits of knowledge

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the ability to manage their own learning, and to make use of scholarly reviews and primary sources (for example, refereed research articles and/or original materials appropriate to the discipline)

Typically, holders of the qualification will be able to:

apply the methods and techniques that they have learned to review, consolidate, extend and apply their knowledge and understanding, and to initiate and carryout projects

critically evaluate arguments, assumptions, abstract concepts and data (that may be incomplete), to make judgements, and to frame appropriate questions to achieve a solution - or identify a range of solutions - to a problem

communicate information, ideas, problems and solutions to both specialist and non-specialist audiences.

And holders will have:

the exercise of initiative and personal responsibility

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decision-making in complex and unpredictable contexts

the learning ability needed to undertake appropriate further training of a professional or equivalent nature

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Appendix 4: Learning Outcomes and Curriculum Matrix

Programme Learning Outcomes Fina

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Knowledge and understanding of

How principles of management accounting assist in the successful functioning of an organisation

How environmental factors impact the internal functioning of an organisation

Major theoretical tools and theories of management accountancy which are relevant in solving practical and theoretical problems

Management accounting arrangements and internal governance structures that can increase effectiveness and efficiency of organisations

Factors that influence investing behaviour

Basic limitations of financial reporting in assisting management accounting

Intellectual skillsAppraise how management accounting theory can be used to interpret the financial health of a company

Critically analyse a business situation and apply appropriate techniques in order to present a reasoned solution

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Identify, analyse and discuss current business issues

Evaluate possible alternative scenarios and provide a reasoned, coherent argument to possible alternative solutions

Evaluate strategic position and options of an organisation

Evaluate the impact of strategy options

Appreciate the role of information systems in organisational strategy

Appreciate the impact of and response to organisational risks

Practical skills

Appraise empirical evidence or existing theories

Evaluate strategic options

Formulate strategy by interpreting financial data and to manipulate this data

Evaluate the interaction of the organisation with the competitive environment

Formulate financial a strategy and manage financial risks

Conduct an independent research

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Transferable/key skills

Learn independently, be self-aware and self-manage their time and workload

Communicate effectively (including verbal, written, giving and receiving feedback, presenting ideas to an audience)

Apply critical thinking to problem solving

Work effectively with others and exhibit social responsibility

Appreciate the skills necessary to develop professionally

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Appendix 5: Mapping CIMA’s Strategic Level Syllabus to BSc (Hons) Management Accounting (top up)

BSc (Hons) Financial Strategy BSc (Hons) Risk Management BSc (Hons) Strategic Management

Investigate the financial requirements of an organisation and propose an appropriate financial strategy

Analyse the corporate finance policy of an organisation

Appraise an organisations dividend decision

Demonstrate critical understanding of how risks can be identified and categorised based on the impact they have on different organisations

Demonstrate awareness of the impact of various responses to strategic risks

Demonstrate a critical awareness of the internal control systems and management accounting strategies that an organisation can use to manage risks and examine ways in which risks associated with cash flows and capital investment decisions can be managed

Analyse the influence of the external environment on an organisation

Critically appraise the strategic position of an organisation and evaluate its strategic options

Propose methods to implement organisational change after analysing the effect of various change management strategies on an organisation

Appraise the suitability of using various tools in implementing strategy and analyse the role played by Information Systems to facilitate this

CIMA Financial Strategy F3

Evaluate

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strategic financial and non-financial objectives of different entitiesEvaluate strategic financial management policy decisions

Evaluate financial requirements of an entity and recommend a strategy for meeting those requirements

Evaluate dividend policies for an incorporated entity that meets the needs and expectations of shareholders

Evaluate opportunities for acquisition, merger and divestment

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Evaluate the value of entitiesEvaluate pricing issue and post transaction issues

CIMA Risk Management P3Evaluate the types of risks facing an organisation and recommend appropriate responses

Evaluate senior managements responsibility for the implementation of risk management strategies and internal controls

Evaluate the ethical impact of risks

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Evaluate the tools and processes required for strategy implementationEvaluate ethical issues facing an organisation and its employeesEvaluate the risks associated with corporate governanceEvaluate the control systems for organisational activities and resources

Evaluate risk management strategies and internal controls

Evaluate the purpose and process of audit in the context of internal control systemsEvaluate financial risks

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facing an organisationEvaluate alternative risk management toolsEvaluate the risks arising from changes in the environment for capital appraisal

CIMA Strategic Management E3Evaluate the influence of key external factors on an organisations strategy

Evaluate ethical issues arising from the organisations interaction with its environments

Evaluate the process of strategy formulation

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Evaluate tools and techniques used in strategy formulation

Advise on the important aspects of organisational change

Evaluate tools and methods for successfully implementing a change programme

Recommend change leadership processes in support of strategy implementationEvaluate the tools and techniques of strategy implementation

Evaluate the information system requirements for successful strategic implementation

Evaluate the opportunities for

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the use of IT and IS for the organisation, including Big Data

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