Gain a degree from a UK university

BSc (Hons) Business Management


Next intake:
  • January, May and September 2015
Duration:
  • Final year only: 1 year
  • 1st & 2nd years or 2nd & 3rd years: 2 years
  • Full programme: 3 years
Fees:
  • For information regarding fees, funding and bursaries, please fill in the enquiry form on the right.

This online bachelor degree programme will give you career focused skills in economics, marketing, finance and management, helping you develop the knowledge needed to face 21st century business challenges with confidence and ingenuity.

Delivered online by InterActive and awarded by the UK's University of Wolverhampton, our online BSc in Business Management has been designed to produce graduates who are ready to take up positions in both the public and private sectors across diverse industries.

Our focus is to give you the tools to put your business management career on the right track.

Studying your online BSc via InterActive's distance learning platform will provide you with award-winning study resources including HD-quality video lectures, personalised tutor support, online discussion forums and more. You’ll receive the full on-campus study experience but with the flexibility and affordability made possible by distance education.

Plus, our online undergraduate programmes offer a variety of possible entry routes. Existing qualifications such as HNC/D, ACCA or CIMA papers, or previous undergraduate studies, may exempt you from the first or second years of the programme, meaning you could attain your Bachelor of Science degree in just 12 months.

 
 

The BSc (Hons) in Business Management degree provides a solid grounding in the key business concepts, practices, and competencies required by the world’s leading employers. Through a series of engaging and informative programme modules you will be introduced to exciting new ideas and concepts that take business management out of the classroom and into the real world.

During the 3rd year of the programme you will have the opportunity to choose two specialised study areas. This allows you to customise the course in line with your future professional ambitions.

(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
Statistics
 

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. An Introduction to Statistics
  2. Descriptive Statistics: Tabular and Graphical Methods
  3. Descriptive Statistics: Numerical Methods
  4. Introduction to Probability
  5. Discrete Probability Distributions
  6. Continuous Probability Distributions
  7. Sampling and Sampling Distributions
  8. Interval Estimation
  9. Hypothesis Tests
  10. Statistical Inference about Means and Proportions with two Populations
  11. Inference about Population Variances
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 of the above awards (the highest level you have achieved), which will be issued once you have formally completed your studies.

 
 

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