Course Brief
The Financial Decision Making course aims to provide students with a set of accounting and financial tools that enables them to interpret and critique financial information from a variety of sources and to make informed and effective financial decisions that directly impact company operations.
- 50 - 60 Contact Hours
LEARNING OUTCOMES
On completion of this course students will be able to:
• Develop an applied understanding of finance and accounting concepts relevant to general management roles.
• Critically analyse external financial statements and make informed decisions through the identification and application of appropriate KPIs
• Evaluate management accounting decision-making techniques and apply them in relevant internal and external situations
• Develop a critical awareness of the time value of money, risk, future returns and the capital investment decision
• Engage effectively in management discussions on finance and accounting issues
• Make informed, reasoned and sustainable decisions on capital investment programmes
• Critically analyse and propose reasoned solutions to questions of capital allocation, retention and distribution
The course is assessed by final examination, accounting for 100% of the overall mark.
There is no choice in the selection of questions to be answered. The paper is in three sections:
I. 20 multiple choice questions worth 2 marks each 40%
II. 1 mini-scenario with 5 questions worth 2 marks each 10%
III. 2 scenario based case studies, mix of numeric and narrative assessment, worth 50 marks in total (either 25+25 or 20+30) 50%
- MSc. Financial Management
The globally recognized Edinburgh Business School, Heriot-Watt University MSc. Financial Management is targeted at finance professionals and other professionals who want to develop a career in financial management, and who require a wide-ranging understanding of financial techniques and their application - but do not require high-level mathematical understanding of finance theories.
This ACTT-recognized MSc. Financial Management programme encompasses five core courses and four elective courses in Finance. All courses are industry-relevant and practical in nature and taught by excellent and experienced lecturers.
Careers in finance depend upon a strong understanding of the foundations of finance, investment behaviour and the dynamic nature of finance, and the MSc. will provide a strong preparation for a career in a wide variety of positions within the finance profession.
Students are drawn to this popular MSc programme by its academic rigour, its intellectual challenge, its flexibility and its proven ability to greatly enhance student career prospects.
Our flexible programme structure and affordable payment plans are ideal for anyone wishing to attain a high-quality Master’s qualification.
Assessments for all courses are currently facilitated via take-at-home examinations (one per course) No course-work or final thesis is applicable for this programme.
ACCA members may attain exemptions when they matriculate for the MSc. in Financial Management or the MBA programme offered by Edinburgh Business School, Heriot-Watt University.
Entitlement to credit transfer or exemption will be assessed on an individual basis.
About Heriot-Watt University
Overview of the MBA and MSc pathwaysFounded in 1821, Heriot-Watt has a rich heritage and is valued for its pioneering research informed by the global needs of business and industry.
Heriot-Watt University is ranked among the top 35 out of 130 UK Universities in the highly regarded 2023 UK University League Table. In addition, Heriot-Watt is ranked in the top 300 universities worldwide by the Times Higher Education World University Rankings.
The university has five campuses across the world: Edinburgh, Scottish Borders, Orkney, Dubai and Malaysia, as well as 53 Approved Learning partners(ALPs) and educational collaborative partners in 150 countries.
In 2018, the UK Times and The Sunday Times Good University Guide named Heriot-Watt University as the International University of the Year.
EVENTS
• Registration for the January 2023 semester commences on October 29th, 2022 • The January 2023 semester starts on January 8th, 2023
Master's Online Tuition Schedule: January 2023
- MBA with Specialism in Marketing
It takes skill, determination and of course specialist knowledge.
Our specialist MBAs give you just that depth of understanding, this programme encompasses the same seven core courses of the standard MBA, but, instead of the two elective courses, you take four specialist courses in Marketing.
An intellectually challenging programme that equips students with crucial knowledge of the key concepts, tools and techniques of Marketing.
ACCREDITATION
- Heriot Watt University holds a Royal Charter from the UK Government.
- Read more on the Heriot Watt University Accreditation.
- Heriot Watt University is also reviewed by the Quality Assurance Agency for Higher Education (QAA) UK.
- Ranked 29th out of 130 UK universities in the Complete University Guide 2021.
- Named by The Times and The Sunday Times Good University Guide as International University of the Year 2018.
- Click here for the full list of HWU rankings.
There are two tuition intakes per year for all courses:
- January - May
- July - November
EVENTS
REGISTRATION PERIOD FOR THE JULY 2020 SEMESTER:
- June 27th - July 11th, 2020
SEMESTER STARTS:
- July 13th, 2020
Masters PT July - December 2020 Tuition Schedule
For further information:
EBS Prospectus
VIEW OTHER EBS HERIOT WATT UNIVERSITY MASTERS DEGREE
- MBA with Specialism in Human Resource Management
It takes skill, determination and of course, specialist knowledge.
Our specialist MBAs give you just that depth of understanding, this programme encompasses the same seven core courses of the standard MBA, but, instead of the two elective courses, you take four specialist courses in Human Resource Management.
This programme is aimed at those already working in ‘People Management’ who want to fully grasp the intellectual understanding required of the leading practitioners.
ACCREDITATION
- Heriot Watt University holds a Royal Charter from the UK Government.
- Read more on the Heriot Watt University Accreditation.
- Heriot Watt University is also reviewed by the Quality Assurance Agency for Higher Education (QAA) UK.
- Ranked 29th out of 130 UK universities in the Complete University Guide 2021.
- Named by The Times and The Sunday Times Good University Guide as International University of the Year 2018.
- Click here for the full list of HWU rankings.
There are two tuition intakes per year for all courses:
- January - May
- July - November
EVENTS
REGISTRATION PERIOD FOR THE JULY 2020 SEMESTER:
- June 27th - July 11th, 2020
SEMESTER STARTS:
- July 13th, 2020
Masters PT July - December 2020 Tuition Schedule
For further information:
EBS Prospectus
VIEW OTHER EBS HERIOT WATT UNIVERSITY MASTERS DEGREE
- MBA with Specialism in Strategy
It takes skill, determination and of course, specialist knowledge.
The globally recognized Edinburgh Business School, Heriot-Watt University specialist MBAs, offered via SBCS GLI, Trinidad, give you just that depth of understanding.
This ACTT-recognised MBA with specialism in Strategy programme encompasses the same seven core courses of the standard MBA, but, instead of the two elective courses, you take four specialist courses in Strategy. All courses are industry-relevant and practical in nature and taught by excellent and experienced lecturers.
This programme is designed for individuals who are, or intend to become, Senior Managers, holding substantive positions in large public or private sector organisations.
Students are drawn to this popular MBA programme by its academic rigour, its intellectual challenge, its flexibility and its proven ability to greatly enhance student career prospects.
Our flexible programme structure and affordable payment plans are ideal for anyone wishing to attain a high-quality Master’s qualification.
Assessments for all courses are currently facilitated via take-at-home examinations (one per course) No course-work or final thesis is applicable for this programme.
About Heriot-Watt University
Overview of the MBA and MSc pathwaysFounded in 1821, Heriot-Watt has a rich heritage and is valued for its pioneering research informed by the global needs of business and industry.
Heriot-Watt University is ranked among the top 35 out of 130 UK Universities in the highly regarded 2023 UK University League Table. In addition, Heriot-Watt is ranked in the top 300 universities worldwide by the Times Higher Education World University Rankings.
The university has five campuses across the world: Edinburgh, Scottish Borders, Orkney, Dubai and Malaysia, as well as 53 Approved Learning partners(ALPs) and educational collaborative partners in 150 countries.
In 2018, the UK Times and The Sunday Times Good University Guide named Heriot-Watt University as the International University of the Year.
EVENTS
• Registration for the January 2023 semester commences on October 29th, 2022 • The January 2023 semester starts on January 8th, 2023
Master's Online Tuition Schedule: January 2023
For further information
Download our January 2023 Prospectus
- MBA with Specialism in Finance
It takes skill, determination and of course, specialist knowledge. The globally recognized Edinburgh Business School, Heriot-Watt University specialist MBAs, offered via SBCS GLI, Trinidad, give you just that depth of understanding.
The ACTT-recognised MBA with specialism in Finance programme encompasses eight core courses and three specialist courses in Finance. All courses are industry-relevant and practical in nature and taught by excellent and experienced lecturers.
Your MBA with Finance Specialism is designed with Finance professionals in mind, and those who want to strengthen their knowledge and boost their career.
Students are drawn to this popular MBA programme by its academic rigour, its intellectual challenge, its flexibility and its proven ability to greatly enhance student career prospects.
Our flexible programme structure and affordable payment plans are ideal for anyone wishing to attain a high-quality Master’s qualification.
Assessments for all courses are currently facilitated via take-at-home examinations (one per course) No course-work or final thesis is applicable for this programme.
About Heriot-Watt University
Overview of the MBA and MSc pathwaysFounded in 1821, Heriot-Watt has a rich heritage and is valued for its pioneering research informed by the global needs of business and industry.
Heriot-Watt University is ranked among the top 35 out of 130 UK Universities in the highly regarded 2023 UK University League Table. In addition, Heriot-Watt is ranked in the top 300 universities worldwide by the Times Higher Education World University Rankings.
The university has five campuses across the world: Edinburgh, Scottish Borders, Orkney, Dubai and Malaysia, as well as 53 Approved Learning partners(ALPs) and educational collaborative partners in 150 countries.
In 2018, the UK Times and The Sunday Times Good University Guide named Heriot-Watt University as the International University of the Year
EVENTS
• Registration for the January 2023 semester commences on October 29th, 2022 • The January 2023 semester starts on January 8th, 2023
Master's Online Tuition Schedule: January 2023
For further information
Download our January 2023 Prospectus
View other EBS Heriot-Watt University Master's Degrees
- Master of Business Administration - MBA
An MBA for tomorrow's leaders, today!
The globally recognized Edinburgh Business School, Heriot-Watt University MBA programme, offered via SBCS GLI, Trinidad, covers key management disciplines, including people skills, economics, marketing, financial decision making, project management and strategy.
Students are drawn to this popular MBA programme by its academic rigour, its intellectual challenge, its flexibility and its proven ability to greatly enhance student career prospects.
This ACTT-recognised MBA encompasses seven core courses and two elective courses which are all industry-relevant and practical in nature and taught by excellent and experienced lecturers.
Our flexible programme structure and affordable payment plans are ideal for anyone wishing to attain a high-quality Master’s qualification.
Assessments for all courses are currently facilitated via take-at-home examinations (one per course) No course-work or final thesis is applicable for this programme.
About Heriot-Watt University
Overview of the MBA and MSc pathwaysFounded in 1821, Heriot-Watt has a rich heritage and is valued for its pioneering research informed by the global needs of business and industry.
Heriot-Watt University is ranked among the top 35 out of 130 UK Universities in the highly regarded 2023 UK University League Table. In addition, Heriot-Watt is ranked in the top 300 universities worldwide by the Times Higher Education World University Rankings.
The university has five campuses across the world: Edinburgh, Scottish Borders, Orkney, Dubai and Malaysia, as well as 53 Approved Learning partners(ALPs) and educational collaborative partners in 150 countries.
In 2018, the UK Times and The Sunday Times Good University Guide named Heriot-Watt University as the International University of the Year.
EVENTS
• Registration for the January 2023 semester commences on October 29th, 2022 • The January 2023 semester starts on January 8th, 2023
Master's Online Tuition Schedule: January 2023
For further information
Download our January 2023 Prospectus
View other EBS Heriot-Watt University Master's Degrees
- MBA with Specialism in Oil and Gas Management
It takes skill, determination and, of course, specialist knowledge.
Our specialist MBAs give you just that depth of understanding.
This programme encompasses the same seven core courses of the standard MBA, but, instead of the two elective courses, you take four specialist courses in oil and gas management.
This new MBA specialism will provide you with the cutting edge management skills that are needed by every successful manager to today’s competitive world, plus a detailed knowledge and expertise that is specifically relevant to the oil and gas industry.
The specialism is based on a pioneering work done by Edinburgh Business School developing the content in close association with industry practitioners, and it has been extensively market tested. The ‘students’ will be experienced managers, or those aspiring to work in public or private oil and gas producers, service providers and specialist engineering organisations.
You work towards your MBA on a course-by-course basis. After completing three courses, you are eligible for a Postgraduate Certificate in Business Administration, and after six courses for a Postgraduate Diploma in Business Administration.
ACCREDITATION
- Heriot Watt University holds a Royal Charter from the UK Government.
- Read more on the Heriot Watt University Accreditation.
- Heriot Watt University is also reviewed by the Quality Assurance Agency for Higher Education (QAA) UK.
- Ranked 29th out of 130 UK universities in the Complete University Guide 2021.
- Named by The Times and The Sunday Times Good University Guide as International University of the Year 2018.
- Click here for the full list of HWU rankings.
There are two tuition intakes per year for all courses:
- January - May
- July - November
EVENTS
REGISTRATION PERIOD FOR THE JULY 2020 SEMESTER:
- June 27th - July 11th, 2020
SEMESTER STARTS:
- July 13th, 2020
