MH407 BBS/BBA Business & Accounting Orientation September 2015 Maynooth University School of Business
Welcome maynoothuniversity.ie
Introductions Ice-break maynoothuniversity.ie
Why Study Business & Accounting? Why are you interested in studying Business & Accounting? maynoothuniversity.ie
School of Business MH407 Business & Accounting Business Accounting Core elements of the Business & Management degree Full accounting programme to prepare you for a career in accounting Option to take a Masters Degree in business on completion Option to take a Masters Degree in Accounting on completion
Accounting Language of Business Business Development Sourcing Finance Understanding Economic Development Investment Decisions Understanding Financial Products Managing a Business maynoothuniversity.ie
Accounting What will you study Financial Accounting Management and Cost Accounting Taxation Other Areas Assumes no knowledge More detail in Years 2&3 Costing & Budgeting Working Capital Performance Measurement The Irish Taxation System Personal Taxation and VAT Introduction to Auditing Finance maynoothuniversity.ie
Year 3 Year Abroad or Internship May go abroad to study for a year Internship with Accounting firm or company maynoothuniversity.ie
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? maynoothuniversity.ie
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 maynoothuniversity.ie
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 2 nd year; and again from 2 nd to 3 rd 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 maynoothuniversity.ie
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) maynoothuniversity.ie
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 maynoothuniversity.ie
School of Business MH407 Business & Accounting Business Accounting Core elements of the Business & Management degree Option to take a Masters Degree in business on completion 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
Course Finder Source of information on all modules on your programme http://apps.maynoothuniversity.ie/courses/?target =CS&MODE=SEARCH maynoothuniversity.ie
Where does business as an area of study come from? Social Sciences Anthropology Engineering Business Sociology Psychology
BBS Business and Accounting Management is a multidisciplinary field Broad range of interesting topics Managers People who design, lead Glanbia Managing Director and sometimes own businesses Modules Introduction to Management & Teams Denis O Brien, Entrepreneur & Owner Manager, Communications Introduction to Marketing & Sales Organisational Behaviour Business Landscape Economics Siobhan Talbot, 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. Learning Journey a variation of.. 1 st year: foundational skills: Understanding humans Organizing people for action Competition 2 nd 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
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 Diageo Facebook HP CRH Brown Bag Aer Lingus Horse Racing Ireland Glen Cullen Group Tesco The Turf Club Tesco Kerry Foods IRFU The Curragh
The First Thing to Do after this session... Download your programme handbook (see your orientation flyer)... maynoothuniversity.ie
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, marian.crowleyhenry@nuim.ie maynoothuniversity.ie
Key Contacts & Communicating with the School Programme direction issues programme academic director, Marian Crowley-Henry, marian.crowleyhenry@nuim.ie (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 (business@nuim.ie), 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/schoolbusiness/our-people Head of School Professor Peter McNamara, peter.mcnamara@nuim.ie
School of Business Contacts Professor Peter McNamara Head of School of Business
School of Business Offices Rye Hall Extension, north campus Arts Building Rye Hall Extension maynoothuniversity.ie
Contacts in the Accounting Department First year students: Michael Hayden (Michael.Hayden@nuim.ie) Second year students: Hillary Qualter (Hilary.Qualter@nuim.ie) Third year students: Aodhdin Casey (Aodhdin.Casey@nuim.ie) Head of Department Dr Fabrice Rousseau (Fabrice.Rousseau@nuim.ie) The Department of Economics, Finance & Accounting is located in Rhetoric House (south campus) maynoothuniversity.ie
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.
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 (1 st 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 maynoothuniversity.ie
Via Email Official Communications You must check your official emails (xxx@mu.ie) 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 1 st 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 1 st years, but very relevant in 2 nd and 3 rd year Takes place this year on 6 th 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 classmate, 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 business@nuim.ie (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 business@nuim.ie (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
Do General Advice 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
Do (2) Manage your time carefully General Advice 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/studymaynooth/maynooth-education/studentcharter
Marks and Standards Repeats Grade checking etc Rules & Regulations All documents relating to this can be found on the Registrar s site: https://www.maynoothuniversity.ie/universitypolicies/rules-regulations-students
Contact the School School of Business Further information Browse the School website https://www.maynoothuniversity.ie/schoolbusiness Email us at business@nuim.ie Phone us on 01 7086520 Search the module description database http://apps.nuim.ie/courses/
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.
The First Thing to Do after this session... Download your programme handbook (see your orientation flyer)... maynoothuniversity.ie
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). maynoothuniversity.ie
Questions