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The Open University
Course code
B854
Credit points
30
OU Level
Postgraduate
SCQF level
11
QAA level
7
2 Tutor-marked assignments (TMAs)
Examination No residential school

Register for the course

This course is available for study in the countries shown. Fees may vary by country.


Start End Fee* Register
May 2010 Oct 2010 £2455.00 Click to register

Registration closes 31/03/10

This course is expected to run until May 2013.
Start End Fee* Register
May 2010 Oct 2010 £2890.00 Click to register

Registration closes 31/03/10

This course is expected to run until May 2013.
Start End Fee* Register
May 2010 Oct 2010 £3010.00 Click to register

Registration closes 31/03/10

This course is expected to run until May 2013.

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Summary

This course is part of a specialist programme for managers working in international settings who want to broaden their perspectives by adding international accounting and finance knowledge and wider management skills. It introduces you to managing international resource allocation and investment - externally via the capital markets and lending institutions, and internally within the organisation. With regard to external finance and investment, you will consider investment in organisations in the context of the global economy and the economic, political, regulatory and corporate governance aspects of investment. With regard to internal finance and investment, you will examine how finance is allocated and managed within the context of a multinational organisation.

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Course content

This programme is aimed at people already having a basic knowledge of accounting and finance and who wish to extend and update their knowledge base. You should note that the course itself is not ‘number crunching,’ being concerned as it is with issues in international finance and investment.

B854 introduces you to managing resource allocation and investment both externally via the capital markets and lending institutions, and internally within the organisation. The first part of the course considers organisations in the context of the global economy and discusses such issues as raising finance and treasury management. The second part examines how finance is allocated within organisations and covers issues such as project appraisal, management control, performance measurement and corporate governance. The perspective throughout the course is international, with the focus on MNCs.

Vocational relevance

B854 can be taken as a stand-alone course for continuing professional development (CPD) purposes. As part of the Postgraduate Certificate in International Finance and Reporting (C59) it counts as CPD for a number of professional bodies.

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Entry

You can take this course on its own or as part of a postgraduate qualification. It is a core course in our MSc in International Finance and Management (F39) and Postgraduate Certificate in International Finance and Reporting (C59). You will need to hold either a UK honours degree (or equivalent) or a professional accounting qualification that is equivalent to a UK honours degree. The course assumes basic accounting and financial reporting knowledge. If you are taking this course towards the MSc you should first complete the Stage 1 courses and Strategy (B820) and Financial strategy (B821) from Stage 2. You will be exempt from these courses if you have already taken them as part of your MBA or MPA studies with us as long as 60 points of study are unique to your MSc. If you have any doubt about the suitability of the course, please contact our Student Registration & Enquiry Service.

Outside the UK

The course is available to students based outside the UK, and the financial reporting element is based on International Financial Reporting Standards and so is relevant to all EU member states, Australia, New Zealand and Russia. Case studies include organisations from around the world.

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Qualifications

B854 is a compulsory course in our

Some postgraduate qualifications allow study to be chosen from other subject areas. We advise you to refer to the relevant qualification descriptions for information on the circumstances in which this course can count towards these qualifications because from time to time the structure and requirements may change.

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If you have a disability or additional requirement

The course materials are available in Adobe Portable Document Format (PDF). The written course material is available in perfect-bound format. Some Adobe PDF components may not be available or fully accessible using a screen reader. Other alternative formats of the course materials may be available in the future. Our Services for disabled students website has the latest information about availability.

You will need to make use of a personal computer and the internet. If you are a new student, or new to courses using a computer or the internet, you will need to inform us of your particular needs as soon as possible, as some of our support services may take several weeks to arrange. Details of how to do this and our range of support services are described in our booklet Meeting Your Needs which you can download or request from our Student Registration & Enquiry Service.

You can also find information about accessible course materials, financial support and the Disabled Students' Allowance, equipment and other services, on our Services for disabled students website. It also includes our contact details for advice and support both before you register and while you are studying.

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Course materials

What's included

Course units, course reader, online forums, course website.

Computing requirements

This course has online computer activities – you can access these using a web browser that can play Flash and Shockwave.

You will need internet access and a computer. If you have purchased a new computer since 2002 it should meet your course computing requirements. Check our Technical Requirements section if your computer is older than this or is otherwise unusual.

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Teaching and assessment

Support from your tutor

Because of the specialist nature of this course, tutor support will be provided via an online forum. Contact our Student Registration & Enquiry Service if you want to know more about study with The Open University before you register.

Assessment

The assessment details for this course can be found in the facts box above.

You will be expected to submit your tutor-marked assignments (TMAs) online through the eTMA system unless there are some difficulties which prevent you from doing so. In these circumstances, you must negotiate with your tutor to get their agreement to submit your assignment on paper.

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Future availability

The details given here are for the course that starts in May 2009. We expect it to be available once a year.

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How to register

To register a place on this course return to the top of the page and use the Click to register button. For more information and advice about registration see OU Study Explained.

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About this page

A postgraduate course in Business and Management.

Study explained

Course
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Credit points
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Financial support
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Study explained
- all you need to know about studying with the OU.

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