The assessment of Managing Financial Resources (MFR) is by both assignment and examination. Managing Financial Resources covers accounting, finance and economics – these areas have at their heart the key issue of the efficient allocation and management of resources, and this assignment is focused on techniques that can be used to measure this efficiency. It provides you with the opportunity to research and reflect on the application of the concepts and techniques you have studied in the
module by relating them to the practice you find in your organisation. In some situations, it may not be possible for you to focus on your own organisation, in which case you are able to select another organisation upon which to review and reflect on the application of the theory you have studied.
Details of the module-specific requirements follow. Please ensure that you carefully read the assignment brief and the assignment preparation guidelines so that you
understand what is required.
Purpose of the assignment
The assignment is designed to allow you to demonstrate your ability to:
• show your understanding of the underpinning ‘theory’ and its application in your organisation and its managerial environment
• utilise theoretical approaches and apply frameworks, models, techniques and concepts to real-world managerial environments
• select appropriate data/information and apply techniques that illustrate the use of theory in order to provide a view, opinion or expression of advice on how to proceed
• apply the theoretical approaches in analysing managerial environments
• comment on, provide insights about and critically evaluate the use of theoretical approaches and techniques in managerial environments
• reflect on where improvements could be made and create value
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