Employment of business and financial operations occupations is projected to grow 10 percent from 2016 to 2026, faster than the average for all occupations, adding about 773,800 new jobs. On all of our programmes you will gain a professional focus and real world experience of finance, ensuring you are equipped to make an immediate impact in the business world. You have the opportunity to embark on a year-long sandwich placement as part of your degree course. Critically appraise the concepts and principles of finance and business theories through application to a wide range of businesses in the global market place.
You’ll study the significance of entrepreneurship and the small business sector within the economy. There will also be a focus on research-led understanding of the factors that affect the small business birth, growth, success and failure. This would equip the present day managers with necessary competencies to formulate plans for international business and finance in international marketplace.
It will also allow you to become more involved in University life by delivering, leading and supporting many aspects of the learning experience, from administration to research and mentoring roles. This course is taught at our Queen’s Park Campus, and uses a combination of learning and teaching methods, including formal lectures, seminars and group discussions, digital activities, individual and group tutorials, presentations, work based activities and directed and independent study, e.g. using on-line materials.
If students want to start their own business, the University can help. Sparkhouse is the University’s business incubation centre, which offers support to students and graduates who wish to set up their own business. It can help with office accommodation, mentoring, business planning and financial advice, and has helped establish more than 270 start-up businesses.
Your profit and loss statement tells whether your business is earning more than it spends or vice versa. Your balance sheet shows how your earnings and losses have played out and affected your company’s net worth at a particular point in time. Your cash flow statement provides information about how the funds flowing into your business and out of it play out over time. Business finance puts this information together, adding a layer of depth to your reading of these documents. If your company is earning money but has no working capital, business finance can help you understand where your money has gone. For example, your accounts receivable total may be unsustainably high and you could improve cash flow by being more proactive about collecting the money owed to you. Reading your cash flow statement will provide additional information about when it’s most important to earn more income or have more liquid cash.