Financial Decision Making

This is not available as a Single Subject. This is a Post Graduate Diploma in Management subject.

Main Topics of Study:

  • Decision making

    Finance based concepts and theories related to short-term decision making, to include relevant cost evaluation, opportunity costing and pricing.

  • Corporate objectives

    Finance based concepts and theories supporting the selection of long-term strategies to fulfil corporate objectives. Examples would be the Balanced Scorecard, Strategic Management Accounting, Capital Investment Appraisal and Overhead Recovery (Activity Based Costing versus traditional).

  • Budgetary control

    Evaluation of the theory and practices relating to the role and effectiveness of budgetary control systems.