INU1532 : Introduction to Management Accounting and Finance (for International Year One - January start)
- Offered for Year: 2025/26
- Available to incoming Study Abroad and Exchange students
- Module Leader(s): Dr Michael Cheng
- Lecturer: Mrs Ayah Sarhan, Mr Alexander Fender
- Owning School: INTO Newcastle University
- Teaching Location: Newcastle City Campus
Semesters
Your programme is made up of credits, the total differs on programme to programme.
| Semester 1 Credit Value: | 10 |
| Semester 2 Credit Value: | 10 |
| ECTS Credits: | 10.0 |
| European Credit Transfer System | |
Pre-requisite
Modules you must have done previously to study this module
Pre Requisite Comment
N/A
Co-Requisite
Modules you need to take at the same time
Co Requisite Comment
N/A
Aims
To introduce students to the fundamental concepts and techniques required for understanding modern decision-making in management accounting and finance.
Outline Of Syllabus
-Classification of Costs and Cost Behaviour
-Materials and Labour Costs and Inventory Valuation.
-Break-even Analysis
-Budgeting
-Corporations and Corporate Governance
-Time value and Investment Appraisal Techniques
-Working capital management
-Capital Structure and Cost of Capital
-Introduction to Financing Sources
Teaching Methods
Teaching Activities
| Category | Activity | Number | Length | Student Hours | Comment |
|---|---|---|---|---|---|
| Guided Independent Study | Assessment preparation and completion | 1 | 74:00 | 74:00 | Preparation work for summative assessment 2 |
| Scheduled Learning And Teaching Activities | Lecture | 18 | 1:00 | 18:00 | Lectures are used to introduce material to students and explain concepts. |
| Guided Independent Study | Assessment preparation and completion | 8 | 1:00 | 8:00 | Formative Assessment |
| Guided Independent Study | Assessment preparation and completion | 1 | 20:00 | 20:00 | Preparation work for summative assessment 1 |
| Scheduled Learning And Teaching Activities | Small group teaching | 40 | 1:00 | 40:00 | Seminars are used to examine, explore and develop topics. |
| Scheduled Learning And Teaching Activities | Drop-in/surgery | 4 | 1:00 | 4:00 | Study clinics are used to deal with academic issues which may be causing students problems and/or students who need extra support in preparing for their assessments. |
| Guided Independent Study | Independent study | 1 | 36:00 | 36:00 | e.g. reading and practice exercises. |
| Total | 200:00 |
Teaching Rationale And Relationship
Lectures are used to introduce material to students and explain concepts.
Small group teaching sessions are used to examine, explore and develop topics covered by the programme of structured guided learning sessions as well as guided independent study to develop subject specific skills.
Weekly formative assessments also serve as check points for checking students' understanding and engagement with the material.
Study clinics are used to deal with academic issues which may be causing students problems and/or students who need extra support in preparing for their assessments.
A mock (practice) exam is held at the end of each semester to address any gaps in understanding that would require a targeted intervention to support students.
Assessment Methods
The format of resits will be determined by the Board of Examiners
Exams
| Description | Length | Semester | When Set | Percentage | Comment |
|---|---|---|---|---|---|
| PC Examination | 120 | 2 | A | 80 | Invigilated present in person exam sat on campus. It includes: MCQs, calculation questions, completing financial statements with a short analysis. |
| PC Examination | 60 | 1 | A | 20 | Invigilated present in person exam sat on campus. It includes: MCQs, calculation questions, completing financial statements with a short analysis. |
Formative Assessments
Formative Assessment is an assessment which develops your skills in being assessed, allows for you to receive feedback, and prepares you for being assessed. However, it does not count to your final mark.
| Description | Semester | When Set | Comment |
|---|---|---|---|
| Written Examination | 1 | M | A mock (practice) exam is held at the end of semester to address any gaps in understanding that would require a targeted intervention to support students. |
Assessment Rationale And Relationship
The course is designed to provide an understanding, at an introductory level, of the management accounting. Topics are covered in person and are supported by small group sessions, guided reading and activities intended to provide students with practice in solving related numerical problems and to provide an understanding of the underlying concepts.
The keys skills developed through interaction in small group sessions include communication and numeracy skills. Two mock exams are used as formative assessment in order to prepare them for students for their 2 summative assessments.
The summative assessment (worth 20% of the overall module mark) at the end of semester 1 and the examination at the end of semester 2 (worth 80% of the overall module mark) assesses the students' intended knowledge and skills outcomes as well as problem solving and numeracy.
Reading Lists
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- INU1532's Timetable