Accounting and Finance for Managers

The details
Essex Business School
Colchester Campus
Postgraduate: Level 7
Thursday 05 October 2023
Friday 15 December 2023
14 July 2023


Requisites for this module



Key module for

MSC N1E212 Management (Social Economy),
MSC N20012 Management,
MSC N20024 Management,
MSC N200MO Management,
MSC N2E112 Management (International),
MSC N2E124 Management (International),
MSC N2E212 Management (Marketing),
MSC N2E224 Management (Marketing),
MSC N28612 International Hospitality Management,
MSC N286JS International Hospitality Management

Module description

It is essential for any manager to be able to analyse the performance of companies and take financial decisions. This module will start by examining how publicly available information can aid in analysing the performance of companies, and critically evaluating the limitations of financial performance measures. .

The first part of this module will cover the contents of the annual report, preparation of main financial statements and evaluating the financial performance of companies based on publicly available information. The second part will critically examine a range of issues that relate to financial and managerial decision-making, including cost behaviour, capital investment decisions, cost volume profit analysis and budgeting.

Module aims

The aim of this module is to provide students with a practical and critical understanding of financial analysis and financial decision-making relevant to managers.

Module learning outcomes

By the end of this module, students will be expected to be able to:

  • Recognise and evaluate how publicly available information can aid in analysing the performance of companies and meeting various users’ needs.

  • Critically evaluate the use of financial and non-financial performance measures in decision making.

  • Develop a critical understanding of short and long-term decision-making principles and techniques, including the use of capital appraisal techniques.

  • Critically evaluate the role of budgeting and management control in organisations.

Module information

This module is designed for students who have no or little background in accounting.

Students are required:

  • To read the appropriate reading materials for each session prior to the class.

  • To prepare for any exercises given.

  • To attend the sessions.

Learning and teaching methods

This module will be delivered via:

  • One 1-hour lecture per week.
  • One 2-hour interactive seminar per week.

Sessions will be devoted to probing, extending and applying the material in the readings.

It is the students' responsibility to be prepared for each session as detailed in the module handbook. Students are expected to contribute to class discussions. To do well, they should actively participate in presentations and class discussions, which means making well supported, cogent comments and criticisms about the concepts and analyses that are being presented.


The above list is indicative of the essential reading for the course.
The library makes provision for all reading list items, with digital provision where possible, and these resources are shared between students.
Further reading can be obtained from this module's reading list.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Coursework weighting
Coursework   On-line Test     50% 
Coursework   2000 written individual assignment   15/12/2023  50% 

Exam format definitions

  • Remote, open book: Your exam will take place remotely via an online learning platform. You may refer to any physical or electronic materials during the exam.
  • In-person, open book: Your exam will take place on campus under invigilation. You may refer to any physical materials such as paper study notes or a textbook during the exam. Electronic devices may not be used in the exam.
  • In-person, open book (restricted): The exam will take place on campus under invigilation. You may refer only to specific physical materials such as a named textbook during the exam. Permitted materials will be specified by your department. Electronic devices may not be used in the exam.
  • In-person, closed book: The exam will take place on campus under invigilation. You may not refer to any physical materials or electronic devices during the exam. There may be times when a paper dictionary, for example, may be permitted in an otherwise closed book exam. Any exceptions will be specified by your department.

Your department will provide further guidance before your exams.

Overall assessment

Coursework Exam
100% 0%


Coursework Exam
100% 0%
Module supervisor and teaching staff
Dr Chaminda Wijethilake, email:
Dr Chaminda Wijethilake & Dr Jacob Agyemang



External examiner

No external examiner information available for this module.
Available via Moodle
Of 102 hours, 99 (97.1%) hours available to students:
0 hours not recorded due to service coverage or fault;
3 hours not recorded due to opt-out by lecturer(s), module, or event type.


Further information
Essex Business School

Disclaimer: The University makes every effort to ensure that this information on its Module Directory is accurate and up-to-date. Exceptionally it can be necessary to make changes, for example to programmes, modules, facilities or fees. Examples of such reasons might include a change of law or regulatory requirements, industrial action, lack of demand, departure of key personnel, change in government policy, or withdrawal/reduction of funding. Changes to modules may for example consist of variations to the content and method of delivery or assessment of modules and other services, to discontinue modules and other services and to merge or combine modules. The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications and module directory.

The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.