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Law & Finance for Creative & Cultural Businesses - TFT00086M

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  • Department: Theatre, Film, Television and Interactive Media
  • Credit value: 20 credits
  • Credit level: M
  • Academic year of delivery: 2022-23

Module summary

In this module you will enhance your knowledge and understanding of key legal issues affecting creative and cultural industries working environments - such as intellectual property, copyright and contract law - and you will also learn how to create a financial plan for your business. The module combines theoretical learning with practical application. Students will apply problem-based learning to real-life case studies to apply critical thinking and develop their decision-making skills. The module will apply legal frameworks and financial planning to a range of creative and cultural sectors including: theatre, music, the visual arts, museums, interactive digital media, TV, and film.

Module will run

Occurrence Teaching period
A Spring Term 2022-23

Module aims

This module aims:

  • To gain knowledge about legal frameworks and finance as they apply to business practices in creative and cultural business environments.

  • To understand the basics of financial planning, investment and risk management as they apply to creative and cultural businesses.

  • To critically assess how laws and regulatory frameworks govern, affect and support organisational and working practices in the creative and cultural industries

Module learning outcomes

At the end of this module students will be able to

1- Demonstrate knowledge of the legal frameworks and regulations as they apply to business practices in creative and cultural business environments

2- Understand the main principles of financial management and decision-making practices, such as investing, costing, budgeting and risk management of capital investment

3- Apply and critically evaluate the application of legal regulations and financial management principles to business environments in the creative and cultural industries.

Module content

Introduction to law

The employment relationship

Intellectual and artistic property rights

Defamation and libel

Dispute resolution

Introduction to business structures and accounting systems

Financial statements

Financial decisions and investment appraisal

Budgeting and risk management

Costing and working capital management

Indicative assessment

Task % of module mark
Essay/coursework 100

Special assessment rules

None

Additional assessment information

Formative assessment is embedded into weekly 2 hour seminar sessions in the module

Indicative reassessment

Task % of module mark
Essay/coursework 100

Module feedback

Feedback to students : Students will receive feedback as per university guidelines.

Indicative reading

Arnold, G., Peng, B., Lewis, D., (2019) Corporate Financial Management

Jefferson, M. (2018) Employment Law Concentrate: Law Revision and Study Guide

Laws, W. (2021). Essential Tort for SQE1. Chapter 19. Introduction to Defamation.

McLaney, E., Atrill, P. (2015) Accounting and Finance an Introduction


The information on this page is indicative of the module that is currently on offer. The University constantly explores ways to enhance and improve its degree programmes and therefore reserves the right to make variations to the content and method of delivery of modules, and to discontinue modules, if such action is reasonably considered to be necessary. In some instances it may be appropriate for the University to notify and consult with affected students about module changes in accordance with the University's policy on the Approval of Modifications to Existing Taught Programmes of Study.