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Introduction to Business Management
The module aims to:
-equip students with a basic knowledge of financial accounting, management accounting, finance and business law.
-ensure students understand the functions of their roles in businesses.
-provide students with the experience of going through the entire process of job search, from submitting their job application letter and resume to attending a mock job interview session.
1.Company law: types of business, shareholders, directors, memorandum and articles of association
2.Contract law: the law of contract including the sale of goods, the law of negligence including product liability, dispute resolution in the UK and Singapore
3. Costing, management accounting and cash flow: costing concepts, direct and indirect costs, break-even analysis, cost budgets, components of cash flow, managing cash and working capital
4. Sources of capital, investment appraisal: equity, loan capital, banks and institutions, gearing, investment measures, capital investment, discounted cash flow
5.Financial accounting and company reporting: profit and loss, balance sheet, assets and liabilities, shareholders' funds, double-entry, funds flow, directors' and auditors' reports, going concern concept, relevance, historical cost and reliability concepts
6.Financial analysis - reading of financials of a listed company
In order to prepare students to secure their first IWSP position, this Career and Professional Development (CPD) module aims to provide students with the experience of going through the entire process of job search, from submitting their job application letter and resume to attending a mock job interview session. The knowledge and skills, acquired by students through this module and the IWSP, would form a valuable source for students to draw from as they look for their first full-time job upon graduation and as they plan their career.