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

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

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