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: 2020/1

Email: linda.arch@icmacentre.ac.uk

Type of module:

Summary module description:

This module enables students to explore the concepts of strategic planning and strategic (or ‘capital’) budgeting. It introduces a range of techniques for strategic budgeting. It illustrates concepts using topical, real-world events and cases. 

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 benefits of strategic planning and budgeting, as well as their limitations 


• Understand some 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):

One of the following calculators:  

Casio FX-83GTPLUS (c. £16.51) 

Casio FX-85GTPLUS (c. £27.99) 

Casio FX-83GTX (c. £11.49) 

Casio FX-85GTX (c. £13.48) 

Last updated: 3 June 2020