Mr Donald George MacLeod

Honorary Lecturer

This module will introduce students to the complexities of business finance and aim to give them an understanding of the issues business managers in the energy and extractive industries are required to consider in the decision-making process. All managers, in all types of organisations, have to be constantly aware of the financial implications of decisions being made, including sources and cost of finance, return on investment, management of working capital requirements and of associated business and financial risk. The module is designed to give students an appreciation of the financial management issues they will confront as managers and to give them the confidence in the understanding of finance to be able to ensure the correct financial information is available to them to allow for well informed decision making.

This module will introduce students to the complexities of business finance and aim to give them an understanding of the basic financial issues business managers in the energy and extractive industries are required to consider in the decision-making process. All managers, in all types of organisations, have to be constantly aware of the financial implications of decisions being made, including sources and cost of finance, return on investment and the effective management of working capital requirements. The module is designed to give students an appreciation of issues of this nature they will confront as managers and to give them the confidence in the understanding of finance to be able to ensure the correct financial information is available to them to allow for well informed decision making.