Learn more about the work of the Division of Business and Finance who is responsible for the management of University fiscal, physical, and human resources. This module considers how changing macro and micro environmental influences impact and are incorporated into the marketing planning process. The module blends a theoretical and applied approach, requiring students to use relevant models and frameworks both in the analysis of case material and when developing a sustainable product concept. Please note: this module supports your progress towards the CMI Level 5 Diploma in Management and Leadership and the CIMA Certificate in Business Accounting.
7. Modern Approach According to modern approach the term financial management provides a conceptual and analytical framework for financial decision-making That means, the finance function covers both acquisition of funds as well as their allocation. The new approach views the term financial management in a broader sense. It is viewed as an integral part of over-all management.
This covers a range of quantitative and statistical techniques. You will learn the fundamentals of business analytics, you will gain a thorough grounding in statistical techniques and how to apply them, and you will study the way that analytical techniques are changing businesses. This will extend to understanding the use of big data, the potential for data visualisation, and the application of databases.
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The mission of Loyola Marymount University’s Business & Finance Division is to support all operations of the University by providing business, financial and risk management services. We work with all campus departments in an effort to solve their financial challenges, and to assist in their financial planning needs. Our goal is to provide these services in a professional manner with the responsiveness, courtesy and respect characteristic of the University’s culture of service.