Gain a degree from a UK university

BSc (Hons) Business Management (Business Strategy)


Duration:
  • 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
Fees:
  • For information regarding fees, funding and scholarship please fill in the enquiry form on the right.

You can now study a world-class undergraduate degree in Business strategy with all the benefits of online flexibility. The InterActive platform provides expert and career-focused tuition via HD-quality video lectures, not to mention a range of other helpful online study resources. You will have the opportunity to cover the course syllabus at your own pace and from any location worldwide.

The objective of this pathway is to help you evolve as an effective and confident leader. You will have the opportunity to study modules in HR management, operations, finance, and marketing – ample preparation with which to enter management and leadership positions across countless industries.

On graduation you will have attained an internationally recognised UK undergraduate degree accredited by the highly respected University of Wolverhampton.

What will you learn?

Your course of study with InterActive will allow you to take a multi-angled approach to developing comprehensive strategic business management skills.

As you progress through the course, topics covered will include corporate finance principles, HR management, marketing in an international context, leadership and management skills, project management, and the role of information systems in organisational success.

InterActive allows you to acquire an online BSc degree from a UK university while gaining the skills required for successful business strategy planning, development and implementation.

 
 

This strategy-centred business management programme can be studied over a period of one, two or three years, depending on your prior education and work experience.

The course consists of both elective and compulsory modules. These include key business disciplines such as marketing, finance, quantitative methods, management accounting, HR management and organisational behaviour. In the final year you will undertake project management and business analysis projects, gaining the practical and hands-on experience which leading employers require.

(Year 1) Certificate of Higher Education in Business Management read more
Quantitative Methods

Learning outcomes

You will gain the ability to:

  1. Identify and apply appropriate data collection techniques to central location and dispersion measures in the analysis of business data
  2. Apply regression, correlation and time series forecasting in the prediction of business relevant inputs for planning and designing solutions
  3. Compute probability and utilise hypothetical tests for single and two population variables
  4. Implement linear programming in business decisions

Topics covered

  1. Data Collection and Presentation, Central Location and Dispersion, and Index Numbers
  2. Regression and Correlation
  3. Time Series and Forecasting
  4. Probability and Probability Distributions
  5. Sampling and Tests of Hypotheses and Linear Programming
Introduction to Marketing

Learning outcomes

You will gain the ability to:

  1. Design a market research plan
  2. Differentiate between the elements of various types of marketing (product/service/face to face/ B2B/ industry)
  3. Understand the dynamics of digital age marketing and its impact on the global market place

Topics covered

  1. Marketing and Its Environment: Marketing dynamics and the global marketing environment
  2. Customers and Markets: Consumer behaviour, B2B buying behaviour, segmenting markets, marketing information and research
  3. The Marketing Mix and The Application of The Concepts
  4. Marketing Planning, Management and Control
Introduction to Finance

Learning outcomes

You will gain the ability to:

  1. Understand and apply basic financial tools appropriate for decision making
  2. Explain the concept of the time value of money in a business and financial context
  3. Compute present and future values
  4. Prepare report inputs using financial tools such as discounting, compounding, annuities and perpetuities, while outlining their features

Topics covered

  1. Introduction to Finance, The Financial Environment and The Principles of Finance
  2. The Concept of The Time Value of Money
  3. The Mathematics of Finance Finding, Interest Rates and Time Requirements
  4. Compounding to Determine Future Values and Discounting to Determine Present Values
  5. Perpetuities and Annuities, and Inflation or Purchasing Power Implications
  6. Future Value of an Annuity and Future Value of an Annuity Due
  7. Frequent Compounding or Discounting Intervals
  8. 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, students should be able to:

  1. Critically evaluate intermediate microeconomic theory and be able to apply economic reasoning to the analysis of economic questions and policy
  2. Identify, present and critically evaluate standard theoretical economic models
  3. Apply standard theoretical economic models to analyses of economic questions and policy issues
  4. Communicate concepts/definitions/arguments both in writing and orally

Topics covered

  1. Economic models
  2. Utility and choice
  3. Demand (market and individual) and elasticity
  4. Production and costs
  5. Profit maximisation
  6. Perfectly competitive markets
  7. Risk and uncertainty (economics of information)
  8. Externalities
  9. Asymmetric information (basic concepts)
  10. Monopoly
  11. Capturing surplus
  12. Market structure and competition
  13. Revision
Organisational Behaviour

Learning outcomes

You will gain the ability to:

  1. Demonstrate knowledge of the concepts in the field of organisation behaviour
  2. Analyse behavioural issues at the individual, group and organisational level
  3. Analyse companies using organisational behavioural principles, and show an awareness of the implications of differences in individuals and managerial systems at work

Topics covered

  1. Organisational Diversity and Behaviour in a Local and Global Context
  2. Individual Level Organisational Behaviour: Learning and perception, attitudes and emotions, personality, intelligence and motivation
  3. Group Level Organisational Behaviour: Leadership, communication, decision-making by individuals and groups, group and team conflicts, negotiation, power and politics
  4. 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, students should be able to:

  1. Discuss and explain the fundamentals of legal systems
  2. Identify and apply legal concepts in local and business transactions and scenarios
  3. Differentiate and analyse from a legal point of view different types of business and their legal ramifications
  4. Discuss and explain the legal regulation of companies and evaluate the options available to companies in a financial crisis

Topics covered

  1. The fundamentals of legal systems
  2. Local and international business transactions and their legal ramifications
  3. Local and international forms of business and their legal ramifications
  4. Legal aspects of business relationships with specific consideration of joint ventures and partnerships
  5. Legal aspects of raising capital and financing businesses
  6. The legal regulation of companies
  7. 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:

  1. Discuss different types of costing systems and use them to compute cost
  2. Evaluate the effect of costing systems and stock costing methods on income statements
  3. Compute and evaluate break even points using cost volume analysis as a tool for decision making
  4. Explain the concepts of activity based costing and design pricing systems, as well as discuss information used in business decision-making

Topics covered

  1. Fundamentals of Management Accounting I: An introduction to cost terms and purposes, job costing systems and process costing systems
  2. Fundamentals of Management Accounting II: Cost allocation, joint cost situation and income effects of alternative stock costing methods
  3. Management Accounting Information for Decision Making I: Cost-volume-profit relationships, determining how costs behave and relevant information for decision making
  4. Management Accounting Information for Decision Making II: Activity-based costing, pricing, target costing and customer profitability analysis
  5. Budgeting and Planning as Control Systems I: Motivation, budgets and responsibility accounting, flexible budgets, variances and management control I
  6. Budgeting and Planning as Control Systems II: Flexible budgets, Variances and Management Control II and measuring yield, mix and quantity effects
Financial Accounting

Learning outcomes

You will gain the ability to:

  1. Prepare financial statements using complete and incomplete data
  2. Explain key accounting concepts in financial accounting and their application
  3. Analyse financial statements to explain company performance and position, based on company annual reports
  4. Critique main points in the company's annual reports

Topics covered

  1. The Framework of Financial Reporting: Introduction to Financial Accounting and key accounting concepts
  2. Financial Position (Balance Sheet) and Financial Performance (Income Statement); An overall view of the nuts and bolts
  3. Preparation of Financial Statements: How to record transactions and prepare financial reports for a single enterprise
  4. Measuring and Reporting Cash Flows
  5. Analysis and Interpretation of Financial Statements
Operations Management

Learning outcomes

You will gain the ability to:

  1. Identify and apply operations management tools in solving business challenges of cost minimisation, quality, customer/client satisfaction and innovation
  2. Discuss how companies can achieve a competitive advantage through operations management
  3. Apply relevant quantitative techniques in solving operations management challenges in businesses

Topics covered

  1. Operations Management Requirements for Service and Manufacturing Entities
  2. Processes, Systems and Tools Used for Main Areas of Operations Management (Cost minimisation, Quality, Customer/Client Satisfaction and Innovation)
  3. Creating Value and a Competitive Advantage Through Operations Management
  4. Application of Quantitative Techniques in Designing Effective Operations
Information Management

Learning outcomes

You will gain the ability to:

  1. Identify information systems and analyse their impacts on businesses
  2. Understand the information technology (including ICT) support required for information systems in a business
  3. Critically evaluate the application of information systems to E-Commerce
  4. Appreciate how information systems can be used as a knowledge development and management tool in businesses

Topics covered

  1. Introduction to Business Information Systems and Their Impact on Businesses
  2. How Businesses Can Achieve Competitive Advantages Through The Deployment of Information Systems
  3. The Information Technology Support for Information Systems in Businesses
  4. Telecommunications Systems and Enterprise Systems Deployment in Businesses
  5. The Business Needs and Structure Requirements for Information Systems
  6. Application of Information Management Systems in Electronic Commerce
  7. Developing Knowledge from Information Systems and Management
HR Management

Learning outcomes

You will gain the ability to:

  1. Critically evaluate HRM concepts and aims in business organisations
  2. Examine the environment in which HRM operates
  3. Generate analyses of HRM models and tools, and apply those tools in HRM activities
  4. Apply analytical tools in designing HRM strategies

Topics covered

  1. The Fundamentals of HRM and Its Dynamic Environment
  2. The Legal and Ethical Context of HRM
  3. Human Resource Planning and Job Analysis
  4. Training and Development in HRM
  5. Performance Management through HRM
  6. Management of Labour Relationship in HRM
Corporate Finance

Learning outcomes

You will gain the ability to:

  1. Analyse fundamental corporate finance decisions and their applications
  2. Apply the investment decision rules of traditional and discounted cash flow methods in analysing investment decisions and discussing outputs (while utilising the outputs for investment decisions)
  3. Discuss the concepts of risk and return, and compute cost of capital
  4. Critically evaluate working capital policies and apply cash management models in analysing them

Topics covered

  1. Fundamentals of Corporate Finance: The types of financial management and corporate finance decisions
  2. Investment Decision: Traditional and discounted cash flow investment decision tools and their application to investment decision
  3. Financing Decision I: Capital structure theories and financing decisions
  4. Financing Decision II: Risk and return trade-off, the cost of equity, cost of debt and the weighted average cost of capital
  5. Working Capital Decisions: Working capital policies, computations and cash flow management models
(Year 3) BSc in Business Managementread more
Research Methods

Learning outcomes

You will gain the ability to:

  1. Differentiate between research philosophies, and the link between research philosophy and research design
  2. Assess the strengths and weaknesses of different research methods in small to large projects
  3. Identify and apply data acquisition, transformation and analysis tools
  4. 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

  1. Research Philosophy
  2. Research Approaches
  3. Research Design
  4. Methodology
  5. Methods
  6. Literature Review
  7. Data Acquisition
  8. Data Transformation
  9. Data Analysis
  10. Data Presentation
  11. Research Ethics
International Marketing

Learning outcomes

You will gain the ability to:

  1. Critically evaluate and describe the theory and practice of international marketing in a broader context
  2. Analyse the concepts and dynamics of international marketing
  3. Examine methods of international market entry, matching these with international marketing opportunities
  4. Design and develop analytical tools and apply these in analysing the international marketing strategies of companies (for "best" and "worst" practices)

Topics covered

  1. A Topical Consideration of the International Market Environment
  2. The Influence of Culture on International Marketing Strategies
  3. The Process of Internationalisation and Marketing Strategies and Plans
  4. A Consideration of Marketing Research in an International Context
  5. International Market Selection and Entry Strategies
  6. International Marketing Mix
  7. Electronic Marketing and Digital Marketing for International Marketing
Management and Leadership

Learning outcomes

You will gain the ability to:

  1. Critically evaluate values and ethics necessary for success as a leader and manager
  2. Analyse models for stakeholder, change and uncertainty management
  3. Demonstrate a critical understanding of the business environment and identify business risks, plan for the management of such risks using pre-emptive measures
  4. Identify and critique management and leadership strategies for managing a diverse workforce

Topics covered

  1. Management and Leadership Values and Ethics
  2. Managing Yourself and Leading Others
  3. Managing Stakeholders, Change and Uncertainty
  4. Managing the Environment, Risk and Business Continuity
  5. Managing Innovation, Brand and Reputation
  6. Managing and Leading Diversity
Project Management (Project)

Learning outcomes

You will gain the ability to:

  1. Discuss the fundamental concepts of project management and how to manage a project
  2. Outline the project process, evaluate projects, as well as prepare and analyse budgets
  3. Identify and apply project management tools in scheduling as well as plan resource allocation for scarce resources
  4. Report on a projects progress as well as prepare closure evaluations and reports

Topics covered

  1. Fundamentals of Projects and the Project Basics
  2. Tasks and Functions of Managing and Organising a Project
  3. The Process and Planning of a Project and Linking Project Plan to Project Budget and Cost
  4. Project Management Tools and Scheduling of Project Work and Resource Allocation
  5. Reporting on Project Progress, Project Completion and Evaluation
Business Analysis

Learning outcomes

You will gain the ability to:

  1. Evaluate and discuss the strategic position of an organisation
  2. Analyse business situations and apply tools used in the business decision processes within such analysis
  3. Implement a plan for a strategic decision and outline steps to be used in managing the changes that follow
  4. Critically analyse a business in a strategic and financial context

Topics covered

  1. The Strategic Position of Business and Its main components
  2. The Strategic Options Open to Businesses and The Drivers Behind These Options
  3. The Implementation of Strategic Options and The Consequences of Such Implementation
  4. Managing Operational Change in Business
  5. Financial and Strategic Business Analysis
 
 
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Why study with us?

Learn anywhere, anytime with our flexible online programme structure

HD-quality recorded lectures from LSBF’s faculty of industry experts

Achieve your degree in 2 years with the accelerated study option

Gain a specialised BSc degree from a UK university

Join and communicate with a multi-cultural global student community

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