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MH407 BBS/BBA Business & Accounting
Orientation September 2015
Maynooth University School of Business
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Welcome
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Introductions
• Ice-break
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Why Study Business & Accounting?
• Why are you interested in studying Business &
Accounting?
School of Business MH407 Business & Accounting
Business
Core elements of the Business &
Management degree
Option to take a Masters Degree in
business on completion
Accounting
Full accounting programme to
prepare you for a career in accounting
Option to take a Masters Degree in
Accounting on completion
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Accounting – Language of Business
Business Development
Understanding Economic
Development
Understanding Financial Products
Managing a Business
Investment Decisions
Sourcing
Finance
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Accounting – What will you study
• Assumes no knowledge
• More detail in Years 2&3 Financial Accounting
• Costing & Budgeting
• Working Capital
• Performance Measurement
Management and Cost Accounting
• The Irish Taxation System
• Personal Taxation and VAT
Taxation
• Introduction to Auditing
• Finance
Other Areas
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Year 3 – Year Abroad or Internship
• May go abroad to study for a year
• Internship with Accounting firm or company
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Did you know?
• That the majority of CEOs in public limited companies are chartered accountants?
• That on successful completion of the programme (with a minimum of 50% required in some modules) you will receive accounting exemptions?
• That your degree provides you with the maximum accountancy exemptions on any undergraduate accountancy programme?
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Accounting Exemptions
This degree provides you with the maximum accountancy exemptions on any undergraduate programme in Ireland
• ACA/CAI: Full CAP 1 (Chartered Accountants Ireland)
• ACCA: F1 to F7 inclusive
• CIMA: Exemptions from 9 papers (C1-C5; E1, F1, P1, P2, F2)
• CPA: Exemptions from 8 papers
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However…
• Your path to success begins in semester 1, year 1.
• You are required to get a minimum 40% in certain modules (no compensation across other modules) in order to progress to 2nd year; and again from 2nd to 3rd year
• You are required to get a minimum 50% in certain modules (no compensation across other modules) in order to be eligible for the accounting exemptions
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Required modules
• Modules you MUST pass (40% minimum) if you wish to progress…
• You MUST achieve 50% (minimum) if you wish to get the professional exemptions…
• AC102 – first year
• AC203 – second year (Tax)
• AC305 – third year (Management Accounting)
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Registration
• You should all be in the same class grouping for all your modules on the MH407 programme
• To ensure this happens, please register ASAP once Registration opens – you will automatically be put in the first class grouping
• This is to facilitate tutorial timetabling for your Accounting modules
• If you are in a different class grouping than others from your programme, you must go to Student Records who will manually move you to the same class as the others on your programme
School of Business MH407 Business & Accounting
Business
Core elements of the Business &
Management degree
Option to take a Masters Degree in
business on completion
Accounting
Full accounting programme to
prepare you for a career in accounting
Option to take a Masters Degree in
Accounting on completion
Exemptions from Professional Examinations - this degree provides you with the maximum accountancy exemptions on any undergraduate programme in Ireland • ACA/CAI: Full CAP 1 (Chartered
Accountants Ireland) • ACCA: F1 to F7 inclusive • CIMA: Exemptions from 9 papers
(C1-C5; E1, F1, P1, P2, F2) • CPA: Exemptions from 8 papers
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Course Finder
• Source of information on all modules on your programme
• http://apps.maynoothuniversity.ie/courses/?TARGET
=CS&MODE=SEARCH
Where does business as an area of study come from?
Business
Engineering
Psychology Sociology
Social Sciences
Anthropology
BBS Business and Accounting • Management is a
multidisciplinary field
– Broad range of interesting topics
• Managers
– People who design, lead and sometimes own businesses
Modules
• Introduction to Management & Teams
• Introduction to Marketing & Sales
• Organisational Behaviour
• Business Landscape
• Economics
Siobhan Talbot, Glanbia Managing Director
Denis O’Brien, Entrepreneur & Owner
Manager, Communications
Michael O’Leary, Ryanair CEO
BBS Business and Accounting • Management
– Examine management of organisations
– Financial analysis
– Measurement of performance
• Leadership – “Management is doing
things right, leadership is doing the right things” (Warren Bennis and Peter Drucker)
Overview of all Business Degrees The Management side ….
• 1st year: foundational skills: – Understanding humans – Organizing people for
action – Competition
• 2nd year: functional skills e.g – Marketing; Human
Resource Management – Operations; Information
Systems
• 3rd year (optional): international – International study
• Final year: • strategic perspective e.g.
– Strategy; Marketing; Human Resource Management;
– Ethics
School of Business
Learning Journey a variation of ..
Challenge your thinking
Management
• Getting things done through people
• Management systems
• Teamwork
• Group theories
• Performance
• Effectiveness
Leadership
• What is leadership?
• What makes a good leader?
• How can you develop as a leader?
Organisational Behaviour
• Influence
• Motivation
• Personality
• Values
• Culture
• Diversity
• Stress and wellbeing at work….
Marketing & Sales
• The art and science of influence
• Customer behaviour
• Market research
• Segmentation
• The Marketing Mix
• Marketing Communication
Operations and Supply Chain Management
Design, operation, and improvement of productive systems
Examines activities along a value chain extending from supplier to customer
• Getting the right product, in the right quantity and right quality, in the right place at the right time, for the right customer at the right cost
Human Resource Management
• Competitive advantage through people
• HR practices: recruitment, selection, performance management, reward management, training & development, employee relations, IR
• Contemporary topics: flexibility, diversity, discrimination, work-life balance, talent retention, succession planning...
Looking forward to your careers
• Options
– Banking/Finance
– Public sector
– Health sector
– Industry
• Big business
• Growing business
• Small business
School of Business
Example Industry Links
Google Intel
HP Facebook
IRFU
Diageo
Brown Bag Glen Cullen Group
CRH
Aer Lingus
Kerry Foods
Tesco
Horse Racing Ireland The Turf Club
Tesco
The Curragh
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The First Thing to Do after this session.....
Download your programme handbook (see your orientation flyer)...
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Programme Matters - MH407
• Split between Department of Economics, Finance & Accounting and School of Business
• ‘Economics, Finance, Accounting’ module issues – Department of Economics, Finance & Accounting
• ‘Business/Management’ module issues – School of Business
• Programme academic direction issues – programme academic director, Marian Crowley-Henry, PhD, [email protected]
Key Contacts & Communicating with the School
• Programme direction issues – programme academic director, Marian Crowley-Henry,
[email protected] (email for appointment)
– Your contact for specific queries on: • Department policies including transfers • Marks and standards
– Note all documents, policies etc. can be found on the Maynooth University website, under Registrar’s Department or via the School of Business All Business Moodle page: your first reference destination for queries (all common queries addressed here)
School of Business Contacts – Dr Marian Crowley-Henry
• Programme Academic Director
Key Contacts & Communicating with the School of Business (1)
• General Administration – Kathryn Walsh or Grainne Mooney
([email protected]), Rowan House
School of Business Contacts – Administration Office
Grainne Mooney Kathryn Walsh
Key Contacts & Communicating with the School of Business (2)
• Specific Module Issues/Questions – first contact is the respective module lecturer – you’ll meet your lecturers the first week of classes – Check out School of Business Webpage (Our
People) to see faculty https://www.maynoothuniversity.ie/school-business/our-people
• Head of School – Professor Peter McNamara,
School of Business Contacts – Professor Peter McNamara
• Head of School of Business
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School of Business Offices – Rye Hall Extension, north campus
Rye Hall Extension
Arts Building
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Contacts in the Accounting Department
• First year students: Michael Hayden ([email protected])
• Second year students: Hillary Qualter ([email protected])
• Third year students: Aodhdin Casey ([email protected])
• Head of Department – Dr Fabrice Rousseau ([email protected])
• The Department of Economics, Finance & Accounting is located in Rhetoric House (south campus)
If you need to meet your Programme Director / Lecturer(s)….
• Office hours will be communicated.
• Or, email them for an appointment
• Do not turn up at their office without an appointment / outside of office hours
• For general questions use Moodle
– that way everybody learns and the answers get recorded.
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Official Communications - Moodle
• You must log-in regularly
• All Business Student Moodle site:
https://2016.moodle.maynoothuniversity.ie/course/view.php?id=25
• Accounting Student Moodle site – ACH100 (1st year), ACH200,
ACH300
• This presentation / orientation slides will be posted there as well as programme handbook which you should be familiar with
• Announcements and updates are posted there • As well as the All Business Students Moodle page, all modules have
separate Moodle pages
Official Communications • Via Email
– You must check your official emails ([email protected])
– Ensure you route all NUIM emails to an account you
use
– This is university and acting on messages sent is YOUR
responsibility
• In Class - E.g. notice on lecture room door if class changed
• School of Business Website (Current Students Section):
https://www.maynoothuniversity.ie/school-business
If you have questions …
•ASK
– We know you are 1st years
– We don’t expect you to know everything
–
Student representative
• Good communication between the students/class and the faculty is important
• Each year of each degree elects a student representative group to meet with the coordinator
– Ask students union to run election if more than one candidate
• Responsibility of student rep to make him/herself known to me as programme director
• Raise issues with lecturers on behalf of students where appropriate
• Member of programme board (meets 2x year)
Student representative
• If you are interested in being a class representative, please submit your name/student number (if available) and email/contact details at the end of this session.
• You need to also register your interest with the Student’s Union which holds elections if there is more than one candidate interested in the position.
Assessment & Teaching • Depends on module
• Some modules are 20-40% Continuous Assessment, 60-80% examination
• Some are 100% Exam; some are 100% Continuous Assessment (CA = Continuous Assessment)
• Policy per module concerning compulsory nature of CA (technical fail for non submission on some modules)
• Lectures, Case Studies, Projects assignments, Presentations
Assessment
• Onus is on YOU to be familiar with the requirements of each of the modules you are studying.
ECDL
• Strongly recommended for Business students
• Aim to complete the ECDL as early as possible
• Students will not be prevented from progressing or graduating if they have not obtained the ECDL, but feedback from industry is that ECDL is advantageous for graduates
Accountancy Showcase
• Takes place during semester 1 every year
• Not particularly relevant for 1st years, but very relevant in 2nd and 3rd year
• Takes place this year on 6th October, 3.30-5.30pm in Iontas lecture theatre
• Big accountancy & other firms attend (KPMG, PwC, EY, Deloitte, Kerry, Glanbia…)
• Helps with your placement post graduation
• Very important in preparation for milk round in final year; particularly important in years 1 & 2
General Advice • Be proactive.
• Be familiar with rules, regulations etc (e.g. material posted on
Moodle All Business site; university website).
• If unsure, check published resources (e.g. Moodle), ask class-
mate, ask lecturer.
• If you expect to be or have been absent for a week or more
(illness/operation/personal issues), you should furnish a
certified medical cert to [email protected] (with read receipt)
and/or hand in a hard copy to the School of Business
administration office in Rye Hall Extension, informing
programme director of same AND informing your lecturers.
General Advice • If unable to keep assignment deadlines due to certified
illness/absence, forward medical cert to [email protected]
(with read receipt) and/or hand in a hard copy to the School of
Business administration office in Rye Hall Extension, informing
programme director of same AND informing your lecturers
• Be proactive – onus on YOU to inform department if you have
any special circumstances that may affect your participation on
the programme
General Advice Do
• Attend lectures and other class meetings diligently – Attendance is the easiest way to learn, even if you don’t always feel in top
form
– Complete all CA on-time – it’s mandatory for some modules
– Pay careful attention to your timetable and any amendments. Study it now to make sure you understand it and know where the rooms are.
• Ask questions – from everyone – Lecturers, other staff, fellow students
– Keep asking, until you are satisfied
– Use the student support services, when necessary
• Note carefully all communications and instructions – After being informed once, it is your responsibility to remember
and act
General Advice Do (2)
• Manage your time carefully – Allocate regular hours for study and assignments
– Avoid bottlenecks with last-minute simultaneous assignment completions or exam preparation
• Be proud of your degree programme and your participation – It is a top quality degree programme
– With your active participation you will get great value for life from it
– Let us hear your opinions on how your experience could be improved
• Keep a good work-life balance – Your studies require ONLY 40-50 hours per week in total – that leaves a lot of
time for play and socialising!
• Make lots of friends – You’ll have them for life
General Advice Don’t (just a few)
• Hesitate to ask questions – You’re never alone in not knowing or being unsure
• Leave too much to the last minute – Either study, exam preparation or assignment completion
• Be disrespectful to your colleagues or staff – A professional, enjoyable working environment requires mutual respect
• Be abusive of college property or regulations
Student Charter
• Check out roles and responsibilities of students:
• https://www.maynoothuniversity.ie/study-maynooth/maynooth-education/student-charter
Rules & Regulations
• Marks and Standards
• Repeats
• Grade checking etc
• All documents relating to this can be found on the Registrar’s site:
• https://www.maynoothuniversity.ie/university-policies/rules-regulations-students
School of Business
Further information
• Browse the School website https://www.maynoothuniversity.ie/school-business
• Email us at [email protected]
• Phone us on 01 7086520
Contact the School
• http://apps.nuim.ie/courses/
Search the module description database
Remember
• We know you can all succeed
• You just need to DECIDE you will and put in the effort
• You have joined a wonderful university, grasp the opportunities it offers with both hands.
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The First Thing to Do after this session.....
Download your programme handbook (see your orientation flyer)...
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The next things to do after this session • Put yourself forward as possible class rep for Business in
Arts
• Ensure you can access and are familiar with documents on the All Business Moodle site (can take some time to read them all, but useful to know where the data is as you may want to refer to the information here over the next 3-4 years)….
Questions
