University of Brighton
Brighton Business School
Module Report FN163
Module Title
Module Code
Courses/ Years Taught
Module Leader
Other members of the teaching team
Financial Knowledge and Skills for Business
FN163
Level 4 BSc (Hons) Business / Year 1
D Connolly
A Cilliers, P Ruggiero, R Halstead,
R Carden, N Padbury
Semester
Academic Year
Year through
2014/15
Introduction
This course provides an introduction to fundamental concepts in the fields of finance,
management accounting and financial accounting. It aims to enable students to develop a
basic understanding of an organisation’s financial position and performance, through the
application of appropriate analytical tools and procedures.
Statistical data including passes and referrals
421
No of Attempts
57.7
Average Mark
81.0
Max Mark
7.0
Min Mark
13.2
29
St Dev
< 35
6
35 - 39
53
40 - 49
110
50 - 59
162
60 - 69
61
>= 70
Assessment is made up of two multiple choice question tests on financial and management
accounting (weighting 50%), and a business plan submission (weighting 50%). The business
plan required three pieces of work; a forecast, a finance plan and a written report.
The average mark for the module as a whole was 58%. The average mark for the business
plan was 54%, the average mark for the MCQs was 62%.
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Module Report FN163
Attendance:
Good attendance at seminars throughout the year. Lecture attendance good in semester 1,
but steadily decreasing in semester 2.
Student Feedback:
This was done at course level as part of the “student feedback week” exercise.
Method of returning feedback:
Please indicate which means of returning feedback were used:
Gradecentre comments
Gradecentre attached feedback sheet
Turn It In: cover sheet comments

Turn It In: rubric

Turn It In: voice feedback
Turn It In: in line comments

Turn It In: quick marks

Other (please specify)
Module/component organisation
Content
Students are provided with workbooks for both the management accounting and financial
accounting sections of the module, this content is supplemented by online materials via
StudentCentral.
Delivery
Students attend weekly seminars with pre-seminar activities provided on a weekly basis.
Lectures are a combination of face to face and video lectures. Face to face lectures
introduce theoretical aspects, while video lectures provide guidance on the application of
core techniques.
Assessment
The financial accounting MCQ test took place in scheduled seminars, the management
accounting MCQ test took place in the scheduled lecture time. Students were required to
provide three pieces of work for a business plan, then to submit these files on to
StudentCentral.
External Examiner Comment
N/A
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Module Report FN163
Action Plan
Replace MCQ tests with two in class case study assessments on financial and management
accounting. Students will be required to demonstrate their ability to provide calculations and
commentary on core principles. There will be no online assignment submissions.
Change the workbook guidelines in both management and financial accounting to highlight
the change in assessment.
Provide a financial accounting case study question requiring students to produce a set of
final accounts and ratios.
Provide a management accounting cases study question that requires students to provide
the core financial information needed to compile a business plan; including product costing,
sales forecasting, break-even and investment appraisal.
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