|INTAKES||DURATION||AWARDING INSTITUTION||CERTIFICATION||COURSE FEE|
|September, January, June||3 Years||University of Chichester||The final certificate is issued by The University of Chichester.||£7,000 for Foundation Year & £8,000 per year for Levels 4, 5 & 6.|
|September, January, June|
|University of Chichester|
|The final certificate is issued by The University of Chichester.|
|£7,000 for Foundation Year & £8,000 per year for Levels 4, 5 & 6.|
This BSc (Hons) Degree in Business Management and Finance is aligned with the benchmarks for knowledge and skills required to become a professional in Business Management and Financial Management. The suite of modules is fit for professional job requirements such as Financial Analyst. The programme develops a range of cognitive and intellectual skills together with techniques specific to Management and Finance.
Entry to the degree programme is governed by the regulations of the University of Chichester and requires one of the following:
Entry via the foundation year is considered for individuals with many years of work experience and relevant skills, do not meet the entry requirement for the full degree, are enthusiastic about further studies and are able to pass our initial assessment test.
Please contact the Admissions Office to find out if your qualification is suitable. If you do not have a UK qualification or an International Baccalaureate we will use UK ENIC (Formerly UK NARIC) to find out how the qualifications, you already have compared to UK qualifications. UK ENIC is a UK agency that provides information and advice about how qualifications and skills from overseas compare to UK qualifications.
All students whose first language is not English and have not done the last two years of their education in English must meet a minimum English language requirement before commencing their programme. To join an honours undergraduate programme, they must pass our initial assessment Numeracy and Literacy test and must achieve at Level 2. Other equivalent English language tests at that level will be accepted.
Applicants who have not studied in English for the final two years of their qualification may also achieve an IELTS minimum score of 5.5 in the written, listening, reading and speaking component of the test or equivalent.
English for Academic Purpose
The module is designed to increase confidence and fluency in the use of formal and informal English language skills. In particular the course prepares students for the many different forms of interaction with speakers of English including academic staff and fellow students. The content focuses on the importance of clarity through the use of appropriate English in different academic situations and covers four key areas: listening and presenting skills, reading skills, writing skills, and how to select and use appropriate grammar and vocabulary in different academic contexts.
The module is designed to help students make the transition from secondary education to higher education. Higher education emphasises the importance of students becoming autonomous learners which can be a challenge for those new to this approach. Understanding how you learn, and your preferred learning style, enables students to create a learning agenda specific to their particular needs including learning as a collaborative activity. Technological innovations are enabling greater use of student-centric as opposed to tutor-centric learning so encouraging the development of the individual as an autonomous learner through collaborative learning.
Using Numeracy and IT Skills
Research is part of the process of developing an ‘enquiring mind’. Whether to deepen subject knowledge, write an assignment or carry out a project, research is fundamental to studying at higher education. The module provides a foundation in the use of relevant numeracy and ICT skills in order to investigate, process and interpret information in the course of conducting research.
Evolution of Management Theory and Practice
As organisations grew and developed so the need to efficiently and effectively manage their operations became more important. But organisations also evolve in response to changes in their operating environment and the practice of management has evolved with these changes. This module considers four phases in the development of the theory and practice of management – the origins of management practice, management in the early stages of the industrial revolution, management in the post-industrial era and the shape of management practice in the future
Social Psychology in Organisations
Sound management practice relies on understanding the causes of behaviour in the workplace. There is a technical aspect to work but it is important to also consider social aspects. Social psychology theories can help explain specific workplace phenomena, such as the behaviour of individuals, motivation and organisational culture, which can affect the efficiency and effectiveness of operations. In particular, process theories help explain why certain phenomena occur while need theories help explain the extent to which individuals will participate and engage with given tasks.
The Role of Accounting and Finance in Management
Accounting is concerned with collecting, analysing and communicating information whereas finance covers the ways in which business organisations raise and invest funds to develop their operations. The first part of the module analyses the range of financial information organisations are required to produce before considering how day-to-day operations are managed using an understanding of costs and budgets. In the final part of the module sources of short term and long term finance are considered together with an examination of how capital investment decisions are made.
Critical Thinking Skills
Critical thinking is the ability to question what we read, hear and/or see. In all academic disciplines there are differences of opinion, conflicting evidence and uncertainty and a key skill in higher education is the ability to assess the evidence and arguments presented by others. This involves researching the topic, analysing the arguments given by different researchers in the field, and weighing up the evidence so that you can form your own understanding and conclusions about whose point of view you agree with and why.
Personal and Professional Skills for Management
The module examines the personal and professional skills needed to successfully manage individuals and teams in a business context. The effectiveness of people in the workplace is critical to maximising performance, and an understanding of how to successfully communicate and influence workplace behaviour is, therefore, a fundamental managerial skill. Managers also need to understand how teams develop and how to lead an effective team using appropriate inter-personal skills with an ability to coach and develop people in order to achieve a productive workforce.
Modern economies could not function without organisations. Whether formal or informal, their efficiency and effectiveness has a major impact on innovation, employment and standards of living. After examining early theories of how organisations evolved, the module analyses different organisational structures in the context of their environment, and how, over time, changes in the environment can change the nature and function of organisations. The module concludes by considering how technological advances are forcing organisations to become less hierarchical and more flexible.
Fundamentals of Financial Accounting
The module examines the underlying principles, concepts and techniques of collecting and recording data for the preparation of financial statements. In addition to the needs of shareholders it would be impossible for business managers to organise and manage operations without information on profitability (or loss), cash flows and a statement of financial position showing assets, liabilities and equity in the business. Issues of definition, measurement and interpretation of these items can fundamentally affect the presentation of statements and these issues are considered at the end of the module
Fundamentals of Management Accounting
The module considers how accounting information can be used by management to take strategic decisions based on an assessment of business performance. In the first part of the module, sources of management information are examined together with the statistical techniques that can be used to analyse data in order to make decisions. This leads to an analysis of various approaches to costing and the role of budgets for monitoring and control. The final part of the module considers performance measurements for the control of operations and the efficient use of resources.
The module examines the different types of business organisations, their stakeholders, structures and operating environment, before considering the governance of organisations including reporting systems, compliance and security issues. Understanding how market economies work is a key management skill and the second half of the module analyses the relationship between the economic and business environment by examining how individual markets operate (microeconomics), and how economies operate at the aggregate level (macroeconomics).
Recent controversies, such as those involving workplace harassment, equal pay and gender issues, have emphasised the need for organisations to understand the legal framework in which they operate. The module examines the nature and sources of law before considering the relevance and application of contract law and workplace legislation to business organisations. The module finishes by examining the different types of business organisations, how they are formed and managed to comply with relevant legislation, and how and under what circumstances they are dissolved.
Strategic management is concerned with the actions organisations take to deal with the challenges, opportunities and threats in their external and internal environments. The module starts by examining how organisations analyse their strategic environment in the light of their resources and capabilities. This leads to a review of how they determine their desired objectives, consider the circumstances and events that may affect outcomes, decide upon the actions they need to take to achieve their objectives, implement a strategy and evaluate progress.
The aim of the module is to develop an understanding of the nature, process and management of organisational change. Highlighting various models and approaches to organisational change, the module uses case analysis to examine the interpersonal, group and organisational issues associated with change management in a range of situations. By examining the usefulness and drawbacks of different models the most suitable approach in a specific situation, and how to develop an implementation strategy, is explored.
Operations management is concerned with the process by which organisations transform a range of inputs into the outputs of goods and services that will be purchased by customers. In particular it focuses on designing and controlling processes to ensure that its operations are efficient in terms of minimising the use of resources and effective in terms of meeting customer requirements. It is thus the core function of an organisation that can have a major impact on the long term sustainability of the business.
The purpose of financial reporting is to provide a detailed picture of an organisation’s financial position at a specific point in time. Because of the complexity of financial transactions and the problems of definition, measurement and treatment of assets and liabilities, most countries have adopted the International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS) for financial reports. Organisations operating in these countries are required to produce financial statements that comply with these standards and this module focuses on the main requirements of the standards.
The module lays the groundwork for undertaking a research project in the final year of the programme. In particular it examines different research philosophies and the basic elements of research design and how they shape and inform the research process. Core skills that will be developed include selecting an appropriate method of data collection and analysis, identifying relevant information sources, preparing and collecting data, analysing data using different approaches for qualitative and quantitative research projects, and writing the report once the research is complete.
Organisational Culture and Leadership
There is a strong inter-dependence between leadership and organisational behaviour. A specific leadership style, such as democratic or authoritarian, can have a profound influence on an organisation’s culture. But an organisation may have a particular culture that has developed for a number of reasons and leaders that do not understand this culture, or worse try to lead an organisation against the interests of an entrenched culture, often achieve sub-optimal results. The module examines how organisational culture originates and develops, and how to diagnose and define a specific culture. In the final part of the module different leadership styles and their relationship to organisational culture are analysed.
Corporate Social Responsibility and Business Ethics
Corporate Social Responsibility (CSR) – which involves the relationship between business organisations, governments, communities and individuals – has increased in significance as an awareness of the impact of business operations has grown. Increasingly, organisations are expected to behave ethically in areas such as human rights, supply chain management and sustainability. This responsibility extends to the way organisations manage their workforce with the rise of job insecurity through the growth of part-time and zero hours contracts, and worsening terms and conditions of employment leading to increased stress. However, it is in the area of environmental degradation through climate change and the depletion of limited natural resources that CSR is of most relevance.
Corporate Financial Management
Corporate finance is concerned with the different ways organisations can raise finance and invest in assets in order to grow their business. There are three sources of finance for investment; internally generated cash flow, by borrowing and by selling shares. The central focus of corporate finance is the decision on what investments should be made and how it should be financed. However, both raising finance and investment involves risk and fundamental to the function of corporate finance is assessing the likely return on investments and manage the risk of raising finance.
The module examines the nature of risk and the processes for identifying and managing risk in a business enterprise. The characteristics of human error are explored as background to an appraisal of various risk assessment models. Once the various risk factors have been identified and an assessment completed, systems for managing risk are evaluated. The module concludes by an analysis of the relationship between risk and safety which leads to an examination of how a ‘just’ culture for balancing safety and accountability can be developed.
The independent research project provides students with an opportunity to integrate and apply knowledge and understanding from the three levels of the degree to a typical workplace environment and to develop research skills in a specialised area. The project is an original, detailed research analysis on a topic selected in consultation with, and supervised by, a member of LSME’s academic staff. The project includes a critical literature review and primary and/or secondary empirical work to address a specific research question (or questions).
Normally the course will involve three years of full-time study with an additional year for the foundation option.
The BSc (Hons) Business Management and Finance programme is delivered through a full-time of formal lectures, workshops and seminars.
Various methods are used to assess each module including essays, reflective assignments, written reports, oral reports, case studies and projects. There will be no time-constrained examinations.
Students who are awarded a minimum of a 2(2) classification can progress to a range of university Masters programmes in a relevant subject area including an MBA. Students can also progress in employment in a range of positions with supervisory, team leading or managerial roles.
Please talk to our admissions team now.
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