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Undergraduate Module Descriptors 2012/13

AC6002: Decision Making

Module Title Decision Making
Module Code AC6002
Module Tutor Kim Pembridge
School Accounting and Law
CAT Points 15
Level of Study 6
Pre-requisites None
Co-requisites None
Restrictions Cannot be counted with ACC302
Brief Description

This module is designed to demonstrate and develop critical and analytical thinking using a wide range of perspectives on decision making, including, behavioural, economic, political, sociological and ethical standpoints in a simulated competitive business environment.

Indicative Syllabus

The syllabus includes:

An understanding of how accounting and financial management affects, and is affected by, organisations, markets, society and the environment

An understanding of critical thinking using a wide range of perspectives including behavioural, economic, political, sociological and ethical viewpoints.

An understanding of business strategy

An understanding of theories in decision making and behavioural psychology

An understanding of the application of information technology in analysing and communicating information

Learning Outcomes

A student passing this module should be able to demonstrate:

  1. An understanding of the contexts in which accounting and financial management operates, including legal, ethical, and social; the accountancy profession; national and international regulatory and rule setting bodies; (PLO1)
  2. Familiarity with the technical language and practices of accounting and financial management; (PLO2)
  3. Skills in recording, summarising and interpreting economic transactions and events, for example through analysing the transactions of their own business and those of their competitors; (PLO3)
  4. An understanding of contemporary theories and empirical evidence concerning decision making, and an ability to evaluate them in a number of contexts, for example, accounting and society, accounting and sustainability; (PLO3)
  5. Development of skills in critically evaluating and analysing arguments and data, drawing reasoned conclusions; (PLO5)
  6. The ability to manage learning independently, including being able to find, extract and analyse data, draw reasoned conclusions from many different sources, and acknowledge and reference these appropriately; (PLO6)
  7. Skills in the use of communications and information technology in finding, analysing and communicating information, for example, through the use of spreadsheets and online databases; (PLO7)
  8. Communication and numerical skills, including the ability to use information technology, including spreadsheets and online databases, to present quantitative information in a form which will be understood by its intended audience; (PLO8)
  9. Interpersonal skills, including the ability to work in groups, and oral as well as written presentation skills. (PLO9)
Learning and Teaching Activities Scheduled Contact Hours: 30
Independent Learning Hours: 120
Assessment (For further details see the Module Guide) 001: 40% Coursework: Group work, presentation: 15 minutes
002: 10% Coursework: Individual, standard written: 400 words
003: 50% Coursework: Individual, standard written: 2000 words or equivalent
Special Assessment Requirements
Indicative Resources

The Library Catalogue contains full details of the current reading list for this module. Further details may also be found in the Module Guide.

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