BSc (Hons) Business Management (Business Psychology)*
Next intake:
- June 2013
- Final year only: 1 year
- 1st & 2nd years or 2nd & 3rd years: 2 years
- Full programme: 3 years
- Full programme (accelerated study mode): 2 years
- For information regarding fees, funding and scholarship please fill in the enquiry form on the right.
InterActive offers the bachelor's degree course designed to prepare you for management career by providing suitable understanding of individual and group workplace psychology. You will develop the skills you need to motivate and bring out the unique talents of individuals and teams.
Delivered in collaboration with London School of Business & Finance and Glyndŵr University*, the degree course builds your knowledge of psychology, human resources management, business and leadership. The programme is suitable for those in business and for HR managers in particular.
Studying with InterActive means that you can now earn your degree regardless of your location or time constraints – all you require is a computer and an internet connection.
What will you learn?
The effective management of individuals and groups in the workplace is emphasised in the programme – you will explore vital areas including HR management, individual career development, management, marketing communications and individual differences. This will enable you to understand the importance of staff in business processes and in the continued organisational success.
The online tools and resources made available by InterActive allow you to explore and review all course topics in detail and at your convenience – you'll gain extensive knowledge and a UK undergraduate degree on completion of the programme.
The initial focus of the degree course is on key business essentials – this ensures that you build a solid foundation for later exploration of advanced elements of business and workplace psychology. A few of the modules studied will include Developmental Psychology, Business Psychology and Talent Development for Business Success.
Your course includes a number of elective modules and will conclude with individual, project-based work on Cross Cultural Management and Cognitive Psychology. These modules will also allow you to develop valuable hands-on practical experience.
(Year 1) Certificate of Higher Education in Business Management read more
Quantitative Methods
Learning outcomes
You will gain the ability to:
- Identify and apply appropriate data collection techniques to central location and dispersion measures in the analysis of business data
- Apply regression, correlation and time series forecasting in the prediction of business relevant inputs for planning and designing solutions
- Compute probability and utilise hypothetical tests for single and two population variables
- Implement linear programming in business decisions
Topics covered
- Data Collection and Presentation, Central Location and Dispersion, and Index Numbers
- Regression and Correlation
- Time Series and Forecasting
- Probability and Probability Distributions
- Sampling and Tests of Hypotheses and Linear Programming
Introduction to Marketing
Learning outcomes
You will gain the ability to:
- Design a market research plan
- Differentiate between the elements of various types of marketing (product/service/face to face/ B2B/ industry)
- Understand the dynamics of digital age marketing and its impact on the global market place
Topics covered
- Marketing and Its Environment: Marketing dynamics and the global marketing environment
- Customers and Markets: Consumer behaviour, B2B buying behaviour, segmenting markets, marketing information and research
- The Marketing Mix and The Application of The Concepts
- Marketing Planning, Management and Control
Introduction to Finance
Learning outcomes
You will gain the ability to:
- Understand and apply basic financial tools appropriate for decision making
- Explain the concept of the time value of money in a business and financial context
- Compute the present and future values
- Prepare report inputs using financial tools such as discounting, compounding, annuities and perpetuities, while outlining their features
Topics covered
- Introduction to Finance, The Financial Environment and The Principles of Finance
- The Concept of The Time Value of Money
- The Mathematics of Finance Finding, Interest Rates and Time Requirements
- Compounding to Determine Future Values and Discounting to Determine Present Values
- Perpetuities and Annuities, and Inflation or Purchasing Power Implications
- Future Value of an Annuity and Future Value of an Annuity Due
- Frequent Compounding or Discounting Intervals
- Annual Percentage Rate Versus Equivalent Annual Rates of Interest, and The Cost of Consumer Credit.
Micro Economics
Learning outcomes
At the end of the module, the students should be able to:
- Critically evaluate intermediate microeconomic theory and be able to apply economic reasoning to the analysis of economic questions and policy
- Identify, present and critically evaluate standard theoretical economic models
- Apply standard theoretical economic models to analyses of economic questions and policy issues
- Communicate concepts/definitions/arguments both in writing and orally
Topics covered
- Economic models
- Utility and choice
- Demand (market and individual) and elasticity
- Production and costs
- Profit maximisation
- Perfectly competitive markets
- Risk and uncertainty (economics of information)
- Externalities
- Asymmetric information (basic concepts)
- Monopoly
- Capturing surplus
- Market structure and competition
- Revision
Organisational Behaviour
Learning outcomes
You will gain the ability to:
- Demonstrate knowledge of the concepts in the field of organisation behaviour
- Analyse behavioural issues at the individual, group and organisational level
- Analyse companies using organisational behavioural principles, and show an awareness of the implications of differences in individuals and managerial systems at work
Topics covered
- Organisational Diversity and Behaviour in a Local and Global Context
- Individual Level Organisational Behaviour: Learning and perception, attitudes and emotions, personality, intelligence and motivation
- Group Level Organisational Behaviour: Leadership, communication, decision-making by individuals and groups, group and team conflicts, negotiation, power and politics
- The Organisational Context of Organisational Behaviour: Organisational structure and culture, as well as organisational change and development
Business Law
Learning outcomes
At the end of this module, student should be able to:
- Discuss and explain the fundamentals of legal systems
- Identify and apply legal concepts in local and business transactions and scenarios
- Differentiate and analyse from a legal point of view different types of business and their legal ramifications
- Discuss and explain the legal regulation of companies and evaluate the options available to companies in a financial crisis
Topics covered
- The fundamentals of legal systems
- Local and international business transactions and their legal ramifications
- Local and international forms of business and their legal ramifications
- Legal aspects of business relationships with specific consideration of joint ventures and partnerships
- Legal aspects of raising capital and financing businesses
- The legal regulation of companies
- Legal aspects to managing crisis and bankruptcy businesses
(Year 2) Diploma of Higher Education in Business Managementread more
Management Accounting
Learning outcomes
You will gain the ability to:
- Discuss different types of costing systems and use them to compute cost
- Evaluate the effect of costing systems and stock costing methods on income statements
- ompute and evaluate break even points using cost volume analysis as a tool for decision making
- Explain the concepts of activity based costing and design pricing systems, as well as discuss information used in business decision-making
Topics covered
- Fundamentals of Management Accounting I: An introduction to cost terms and purposes, job costing systems and process costing systems
- Fundamentals of Management Accounting II: Cost allocation, joint cost situation and income effects of alternative stock costing methods
- Management Accounting Information for Decision Making I: Cost-volume-profit relationships, determining how costs behave and relevant information for decision making
- Management Accounting Information for Decision Making II: Activity-based costing, pricing, target costing and customer profitability analysis
- Budgeting and Planning as Control Systems I: Motivation, budgets and responsibility accounting, flexible budgets, variances and management control I
- Budgeting and Planning as Control Systems II: Flexible budgets, Variances and Management Control II and measuring yield, mix and quantity effects
Human Resources Management
Learning outcomes
You will gain the ability to:
- Critically evaluate HRM concepts and aims in business organisations
- Examine the environment in which HRM operates
- Generate analyses of HRM models and tools, and apply those tools in HRM activities
- Apply analytical tools in designing HRM strategies
Topics covered
- The Fundamentals of HRM and Its Dynamic Environment
- The Legal and Ethical Context of HRM
- Human Resource Planning and Job Analysis
- Training and Development in HRM
- Performance Management through HRM
- Management of Labour Relationship in HRM
Development Psychology
Learning outcomes
You will gain the ability to:
- Demonstrate knowledge of different development intervention techniques at an individual, team and organisational level
- Understand the main theoretical concepts on the development and guidance of individuals in the workplace
- Critically analyse current workplace issues and the role psychology plays in their interpretation and resolution
Topics covered
- Theories of Career Development
- The Role of Theory in Informing People Development
- Personal and Career Development Plans (PDPs and CDPs) and Their Roles in Career Development
- Evidence for Counselling and Development
- Training Needs Analysis
- Current Techniques of Guidance and Training: Coaching and networking, individual development, team formation and development
- Training Design and Evaluation
- Organisational Learning and Change
- Current Issues Session: Giving employee feedback, multicultural and minority concerns, employee interviewing
- Current Issues Session II: Measurement and testing, expert systems in guidance
Talent Development for Business Success
Business Psychology
Learning outcomes
You will gain the ability to:
- Categorise individuals based on selected theories of intelligence and personality, with a focus on the workplace
- Evaluate quantitative and qualitative approaches to measuring individual differences
- Understand selected debates on individual differences and how these apply in the working environment
- Recognise nomothetic and idiographic approaches to the study of individual differences
Topics covered
- Intelligence (definitions and theories): A historical overview
- Individual differences in intelligence
- Intelligence and measurement in the workplace
- Psychodynamic theories of personality
- Transactional analysis humanistic theories of personality
- Phenomenological and idiographic measures of personality
- Quantitative personality measurement: Type and trait approaches
- Cognitive behavioural and biological theories of personality
- Issues and debates in personality psychology
- Emotional intelligence
- Ageing and performance
- Critical perspectives on personality and intelligence
Marketing Communications
Learning outcomes
You will gain the ability to:
- Understand the concepts of marketing communications
- Analyse target markets for communication matches and design marketing communication plans to meet the needs of the markets
- Evaluate the effectiveness of a marketing communications plan
Topics covered
- Introduction to the Fundamentals of Marketing Communications
- Analysis Planning of Target Markets, Marketing Communication Objectives and Effects, Marketing Communications and Strategy, as well as Consideration of Strategic Positioning
- Implementation and Control of Marketing Communications and the Marketing Mix
(Year 3) BSc in Business Managementread more
Research Methods
Learning outcomes
You will gain the ability to:
- Differentiate between research philosophies, and the link between research philosophy and research design
- Assess the strengths and weaknesses of different research methods and small to large projects
- Identify and apply data acquisition, transformation and analysis tools
- Develop an understanding of how research findings must be used within clear ethical constraints (i.e. avoiding data mining to support biased objectives)
Topics covered
- Research Philosophy
- Research Approaches
- Research Design
- Methodology
- Methods
- Literature Review
- Data Acquisition
- Data Transformation
- Data Analysis
- Data Presentation
- Research Ethics
Management and Leadership
Learning outcomes
You will gain the ability to:
- Critically evaluate values and ethics necessary for success as a leader and manager
- Analyse models for stakeholder, change and uncertainty management
- Demonstrate a critical understanding of the business environment and identify business risks, plan for the management of such risks using pre-emptive measures
- Identify and critique management and leadership strategies for managing a diverse workforce
Topics covered
- Management and Leadership Values and Ethics
- Managing Yourself and Leading Others
- Managing Stakeholders, Change and Uncertainty
- Managing the Environment, Risk and Business Continuity
- Managing Innovation, Brand and Reputation
- Managing and Leading Diversity
Cross-Cultural Management
Learning outcomes
You will gain the ability to:
- Explain different frameworks in analysing issues in organisational cross cultural management
- Critically evaluate the impact of cultural diversity on organisational performance
- Demonstrate an understanding of differences in communication, leadership and motivational styles, as well as design conflict resolution plans for culturally diverse organisations
- Analyse issues in managing within an international context, with regards to cross cultural management
Topics covered
- The Fundamentals of Cross Cultural Management: Cultural diversity and cross cultural management, the application frameworks and models for cross cultural studies
- The Impact of Cultural Diversity on Organisations
- Managing Across Cultures: Language and communication vernaculars, leadership styles and motivational techniques across cultures, as well as conflicts and negotiation across cultures
- Managing in an International Context: Emotional intelligence and competencies across cultures, as well as ethical issues in cross cultural management
Cognitive Psychology (Project)
Learning outcomes
You will gain the ability to:
- Demonstrate a detailed knowledge of the nature of cognition
- Show an understanding of different theories and models of cognitive processing
- Discuss ways in which concepts, theories and evidence from cognitive psychology can be applied in real world settings
- Evaluate the application of cognitive theory on the basis of empirical evidence
- Analyse the strengths and weaknesses of major methods used to study cognition
Topics covered
- Introduction to Cognitive Psychology
- Perception
- Visual and Auditory Recognition
- Attention and Consciousness
- Memory
- Judgment and Decision-Making
- Problem-Solving and Creativity
- Language Comprehension and Production
- Cognition and Emotion
Project Management (Project)
Learning outcomes
You will gain the ability to:
- Discuss the fundamental concepts of project management and how to manage a project
- Outline the project process, evaluate projects, as well as prepare and analyse budgets
- Identify and apply project management tools in scheduling as well as plan resource allocation for scarce resources
- Report on a projects progress as well as prepare closure evaluations and reports
Topics covered
- Fundamentals of Projects and the Project Basics
- Tasks and Functions of Managing and Organising a Project
- The Process and Planning of a Project and Linking Project Plan to Project Budget and Cost
- Project Management Tools and Scheduling of Project Work and Resource Allocation
- Reporting on Project Progress, Project Completion and Evaluation
*programmes subject to approval of association and programmes of study
