FS5052 - Financial Services Management (2017/18)
|Module specification||Module approved to run in 2017/18|
|Module title||Financial Services Management|
|Module level||Intermediate (05)|
|Credit rating for module||15|
|School||Guildhall School of Business and Law|
|Total study hours||150|
|Running in 2017/18||
The module focuses on the theoretical and practical aspects of management in financial services organisations. It explores organisational strategy, motivation, groups, organisational culture, leadership and management styles This module has a strong focus on employability, in preparation for a compulsory or optional work-placement year. It provides an opportunity to develop a range of employability skills understanding employment opportunities in the industry, career management, development of a curriculum vitae.
This module has a strong focus on employability, leading to and in preparation for a work-placement year.
• To enable students to express the depth of their discipline intrinsic knowledge and transferable discipline intrinsic skills including cognitive flexibility, creativity and fluency in spoken and written communications, the capacity for effective teamwork, and apply management tactics in various scenarios.
• To develop the attributes of self evaluation and a creative and ethical approach and performance in a variety of idioms and contexts.
• To develop an understanding of the major external and internal issues and challenges facing managers (covering strategy, people, operations and careers management) within Financial Services. This includes an awareness of career opportunities, employers and practitioners within the industry.
• To examine the interaction between financial services organisations and their environment, and the challenges faced by individual managers.
All areas focus on Financial Services specific issues
• Career opportunities
• CV writing skills
• Employers with Financial services
• The nature of managerial work
• Management and leadership styles
• Motivation and performance related pay
• Groups: development, composition, and conflict
• Organisational culture: classification and development
• International culture
• Management of change
Learning and teaching
There will be three hours of contact time per week consisting of a one-hour lecture and a two-hour workshop. Lectures will the theory and practice of management and will make use of blended learning approaches and industry visits and presentations by external speakers.
Workshops will include a variety of exercises based around the academic discipline and will also include practical classes. The module will develop a range of employment and academic related skills which will be introduced and practiced in the workshops. Students are required to prepare material in advance. Sharing of experience and knowledge though group discussions will be encouraged in order to build confidence and communication skills.
This module has a strong focus on career development and employability.
On successful completion of this module students should be able to:
1. Understand and demonstrate the exercise of personal responsibility and decision making within a group context.
2. Develop personal and professional attributes within the context of qualities and transferable skills necessary for financial services and personal development, life long learning and employment, including information management, autonomy, self evaluation and communication.
3. Show an ability to produce an updated personal development plan which reflects on progress and achievements and posits some future directions.
4. Analyse management concepts and the problems which may arise within Financial Services, using appropriate management concepts, when managing people and organisations, the changing business environment, and suggest solutions with knowledge of current practice within the industry.
Diagnostic assessment will take place on a weekly basis in class to develop analytical and communication skills.
Students will be required to submit a written group report of 2500 words (50%) in week 13. This will assess their ability to coordinate a group exercise demonstrating written communications skills.
Ten-minute group presentations in week 14-15 (50%) will assess communication skills and group working as well as the discipline specific content and employability skills explored in the module.
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