Gain a degree from a UK university

BSc (Hons) Business Management*


Next intake:
  • September 2014
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 bursaries, please fill in the enquiry form on the right.

This industry focused BSc (Hons) in Business Management concentrates on economics, marketing, finance and business management, and will develop your understanding of vital business management processes. With the option to select a number of the programme modules, you will have control over your course structure and future career direction.

Whether you choose to enrol on the 1-year, 2-year, or full 3-year degree programme, studying your course through InterActive's online learning platform will provide you with award-winning study-tools, such as HD-quality live video lectures, to provide you with the full on-campus experience but with 100% online flexibility.

These invaluable resources are backed up by personalised tutor support and the opportunity to network with a global body of over 12,000 fellow students. You will graduate with a UK undergraduate degree subject to accreditation by the University of Wolverhampton, a highly respected UK academic institution.

What will you learn?

InterActive's extensive online resources and studio quality HD video lectures ensure that you develop vital knowledge in areas including economics, the legal aspects of business, statistical and quantitative skills, marketing practice, finance, and group behaviour.

 
 

The BSc (Hons) in Business Management degree focuses on key business concepts, practices and techniques. It develops the analytical, quantitative, computing, presentation and other transferable skills required by employers in both the private and public sectors.

 

(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. Demonstrate the application of linear programming in business decision.

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. Be able to design a basic marketing plan and market research plan.
  2. Explain how the various elements of the marketing mix interrelate and support an organisation’s marketing strategy.
  3. Differentiate between the various types of marketing processes (product/service/face-to-face/B2B/industrial).

Topics covered

  1. Marketing and its environmental factors: Marketing dynamics, The global marketing environment.
  2. Customers and Markets: Consumer behaviour, B2B buying behaviour, Segmenting markets, Marketing information and research.
  3. The marketing mix and application of the concepts.
  4. Marketing planning, management and control.
Introduction to Finance

Learning outcomes

You will gain the ability to:

  1. Demonstrate understanding of basic financial tools appropriate for decision-making and apply such tools in decision-making.
  2. Explain the concept of the time value of money in a business and financial context.
  3. Be able to compute basic financial equations, particularly present and future values.
  4. Prepare report inputs using the tools of finance such as discounting, compounding, annuities and perpetuities and outline the features of these.

Topics covered

  1. Introduction to Finance and the financial environment and The Principles of Finance.
  2. The concept of the time value of money and the Math of Finance Finding Interest Rates and Time Requirements.
  3. Compounding to Determine Future Values and Discounting to Determine Present Values.
  4. Perpetuities and annuities and Inflation or Purchasing Power Implications.
  5. Future Value of an Annuity and Future Value of an Annuity Due.
  6. Frequent Compounding or Discounting Intervals.
  7. 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:

  1. Understand fundamental microeconomic theory and be able to apply economic reasoning to the analysis of economic questions and policy.
  2. Identify, present, and evaluate standard theoretical economic models.
  3. Apply standard theoretical economic models to economic questions and policy issues.

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.
Organisational Behaviour

Learning outcomes

You will gain the ability to:

  1. Demonstrate knowledge of the concepts in the field of organisation behaviour.
  2. Evaluate and apply tools to analysing organisational behaviour issues at the individual, group and organisational level.
  3. Investigate work organisations using organisational behaviour principles and show awareness of implications of differences in individuals at work, managerial systems and processes, and the nature of organisations.

Topics covered

  1. Organisational Diversity and Behaviour in a Local and Global Context.
  2. Individual level Organisational Behaviour: Learning and Perception, Personality, Intelligence, Attitudes, and Emotions, and Motivation.
  3. Group Level Organisational Behaviour: Leadership, Communication, Decision Making by Individuals and Groups, Groups and Teams and Conflict, Negotiation, Power, and Politics.
  4. The Organisational Context of Organisational Behaviour: Organisational Structure and Culture and 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 international 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 a crisis and bankrupt businesses.
(Year 2) Diploma of Higher Education in Business Managementread more
Management Accounting

Learning outcomes

You will gain the ability to:

  1. Discuss and evaluate the different types of costing systems and stock cost methods and compute cost using these systems.
  2. Learn how to calculate costs and prices; be able to use different costing systems and methods.
  3. Explain and discuss the concepts of activity based costing, design pricing systems and identify and discuss relevant 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 that must be transformed to allow for final preparation.
  2. Explain the key accounting concepts in financial accounting and discuss their application to financial accounting.
  3. The application of knowledge of financial reporting standards to critically evaluate a limited companies’ 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. Identify and 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. Demonstrate understanding of 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. Understand 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.
Human Resources Management

Learning outcomes

You will gain the ability to:

  1. Critically evaluate HRM concepts and aims in business organisations.
  2. Appraise and critically analyse 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. Discuss and critically evaluate working capital policies and apply cash management models in analysing business working capital policies.

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

In the third year of the BSc (Hons) Business Management programme you must complete five modules. During the first semester you will study research methods, international marketing, and cross-cultural management. In the second semester you will choose two Projects:

  1. Research Methods
  2. International Marketing
  3. Cross-Cultural Management
     

Choose two of the following Projects:        

  1. Governance and Ethics (Project)
  2. Corporate Reporting (Project)

  3. Project Management  (Project)

  4. Global Business Management (Project)

Please note: you can only graduate with one award (the highest level achieved), and it will only be issued once you have formally completed your studies.

 
 

Subject to Accreditation

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