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BUS429Management Sciences3 Unitsintermediate

Corporate Planning

This course introduces corporate planning, covering essential tools and techniques for organizational efficiency. Students will explore planning functions, the necessity for planning, and problem-solving strategies. Topics include capital budgeting, new product launches, and acquisitions. The course also examines the corporate planner's role as a staff specialist, their relationship with line managers, and practical planning challenges through case studies.

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120h
Study Time
13
Weeks
9h
Per Week
basic
Math Level
Course Keywords
Corporate PlanningStrategic PlanningDecision MakingBudgetingEnvironmental Analysis

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level
Builds on foundational knowledge
65%
intermediate
Math Level
Basic Math
🔬
Learning Type
Hands-on Practice

Course Topics

Key areas covered in this course

1

Management Functions

2

Planning Process

3

Strategic Planning

4

Decision Making

5

Budgeting

6

Environmental Analysis

Total Topics6 topics

Ready to Start

No specific requirements needed

This course is designed to be accessible to all students. You can start immediately without any prior knowledge or specific preparation.

Assessment Methods

How your progress will be evaluated (3 methods)

Assignments

Comprehensive evaluation of course material understanding

Written Assessment

Tutor-Marked Assessments

Comprehensive evaluation of course material understanding

Written Assessment

Final Examination

Comprehensive evaluation of course material understanding

Written Assessment

Career Opportunities

Explore the career paths this course opens up for you

Business Analyst

Apply your skills in this growing field

Management Consultant

Apply your skills in this growing field

Project Manager

Apply your skills in this growing field

Financial Analyst

Apply your skills in this growing field

Strategic Planner

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

ConsultingFinanceManufacturingHealthcareGovernment

Study Schedule Beta

A structured 13-week journey through the course content

Week
1

Module 1: Planning as a Vital Function of Management

4h

Unit 1: Overview of Management as Science, Theory and Practice

2 study hours
  • Read Unit 1: Understand the definition and nature of management.
  • Identify the characteristics of management.
  • Explore management as a managerial function.

Unit 2: Planning as an Important Management Function

2 study hours
  • Read Unit 2: Understand the definition of planning and its importance.
  • Differentiate between planning and forecasting.
  • Identify the features of planning.
Week
2

Module 1: Planning as a Vital Function of Management

4h

Unit 3: Corporate Planning, Strategic Planning and Corporate Strategy Compared

4 study hours
  • Read Unit 3: Compare corporate planning, strategic planning, and corporate strategy.
  • Understand the core areas of strategy.
  • Explore the concepts of process, content, and context.
Week
3

Module 1: Planning as a Vital Function of Management

4h

Unit 4: Objectives: The Foundation of Planning

4 study hours
  • Read Unit 4: Understand objectives as the foundation of planning.
  • Explore the nature of objectives.
  • Differentiate between real and stated objectives.
Week
4

Module 1: Planning as a Vital Function of Management

4h

Unit 5: Classification of Planning

4 study hours
  • Read Unit 5: Understand the classification of planning.
  • List the features of plans.
  • Explore the purposes of planning.
Week
5

Module 1: Planning as a Vital Function of Management

4h

Unit 6: Steps in Planning

4 study hours
  • Read Unit 6: Understand the steps in planning.
  • Explore the relationship between planning and controlling.
  • Discuss planning and performance.
Week
6

Module 2: Essentials of Planning and Managing by Objectives

4h

Unit 1: Decision Making I

4 study hours
  • Read Unit 1: Understand decision making as a concept.
  • Explore the decision-making process.
  • Understand the manager as a decision maker.
Week
7

Module 2: Essentials of Planning and Managing by Objectives

4h

Unit 2: Decision Making II

4 study hours
  • Read Unit 2: Understand types of problems and decisions.
  • Explore decision-making conditions.
  • Understand decision-making styles.
Week
8

Module 2: Essentials of Planning and Managing by Objectives

4h

Unit 3: Management by Objectives

4 study hours
  • Read Unit 3: Understand the concept of MBO.
  • Explore evolving concepts in management by objectives.
  • Understand benefits and weaknesses of management by objectives.
Week
9

Module 2: Essentials of Planning and Managing by Objectives

4h

Unit 4: Premising and Forecasting

4 study hours
  • Read Unit 4: Understand the concepts of forecasting and premising.
  • Differentiate between forecasting and premising.
  • Explore environmental forecasting.
Week
10

Module 2: Essentials of Planning and Managing by Objectives

4h

Unit 6: The Role of Corporate Planners in an Organisation

4 study hours
  • Read Unit 5: Understand the role of a corporate planner.
  • Explore the functions of a corporate planner.
  • Understand the role of marketing planning in the context of corporate planning.
Week
11

Module 3: Planning Tools and Techniques

4h

Unit 1: Operational Planning Tools I – Budget

4 study hours
  • Read Unit 1: Understand operational planning tools.
  • Explore the advantages and disadvantages of budgeting.
  • Understand the importance of budgets.
Week
12

Module 3: Planning Tools and Techniques

4h

Unit 2: Operational Planning Tools II

4 study hours
  • Read Unit 2: Understand operational planning tools.
  • Explore scheduling, Gantt charts, load charts, and PERT network analysis.
Week
13

Module 3: Planning Tools and Techniques

4h

Unit 3: Operational Planning Tools III

4 study hours
  • Read Unit 3: Understand operational planning tools.
  • Explore breakeven analysis, linear programming, queuing theory, and probability theory.

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

Read the complete course material as provided by NOUN.

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Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Create summaries of key concepts from each unit

2

Practice applying planning tools to case studies

3

Review definitions of strategic terms

4

Focus on understanding the planning process

5

Practice time management during mock exams

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