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Admission 2008


  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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MODULE DESCRIPTORS

Full module details will be provided to students in each module handout at the commencement of each semester.  The below details provide a basic outline of each module.

Level 1

Business Communications and Analysis (CORP 1500)

Module Characteristics

The module aims to provide participants with an essential skill base of written, oral, visual and number skills in Business Communication and Analysis in private and public sector organisations.  Learning strategies will include an emphasis on experiential learning in order to embed skills developed.  The learning outcomes, teaching and learning strategies, and assessment strategies outline how these aims will be achieved.

Learning and Teaching Strategies

This module employs the following teaching and learning strategy:

 

prepare                                 experience                                  reflect

 

[                          in tutorials               ]                                  [ in lectures]

 

Participants are first prepared for each skill building process before they are asked to experience it, generally through learning by doing techniques - such as role play of communication skills and application of number.  The experiential learning components occur in tutorials and build progressively upon each other.  Each component is then reflected upon after the event - whilst still fresh in participants’ minds - in lectures.  Hence, the retrospective reflective element is designed into this three stage teaching and learning strategy to mirror the acquisition of business skills as they would occur say on a placement. 

Module Syllabus

Weeks 1 - 4

Understanding Oral, Visual and Written Communication Channels  

 Week 1

Introduction to Business Simulation

 

 Week 2

 Preparing for sustained HE study

Self evaluation

 

 Week 3

Study skills - Books, Journals and Internet Referencing

 

 Week 4

Literature searches for Report Writing – The Reading Card

 

 Week 5

Managing meetings - teambuilding skills – barriers to communication (To synchronise with New Business Creation)

 

Weeks 6 - 11

Descriptive Statistics

 

Week 6

Introduction to Number skills - Excel

 

Week 7

Collecting Data - Excel

 

Week 8

Presenting Data - Worksheet

 

Week 9

Summarising Data - Worksheet

 

 Week 10

Summarising Data - Worksheet

 

 Week 11

Business Simulation Week - Prepare for Presentation

 

 Weeks 12 - 17

Developing Personal and Interpersonal business skills

 

 Week 12

Developing effective Presentation skills

 

 Week 13

Basic Business Planning Skills

 

 Week 14

Learning to learn: learning styles

 

 Week 15

Problem solving skills

 

 Week 16

Critical thinking and evaluation

 

Week 17

The marketing of ‘me.com’: developing a skills audit

 

 Weeks 18 - 22

Forecasting Techniques

 

Public Policy Students will do own contextualised topics for Weeks 18 to 22 BUT will need access to Bosworth’s Labs (circa 60 additional students = 3 tutorial groups).  Also will do separate Phase Test.

 

 Week 18

Introduction to bivariate analysis

 

 Week 19

Scatter diagram and correlation

 

 Week 20

Regression

 

 Week 21

Time series and forecasting

 

 Week 22

Time series and forecasting

INTRODUCTION TO ACCOUNTING (ACFI 1202)

 Module Characteristics

The module is designed as a "non-technical" introduction to the basics of Financial and Manangement Accounting.  It will look at various types of organisations from an information needs point of view, as well as consideration of the management uses of accounting data.

Learning and Teaching Strategies

1. Lectures based upon 2 hours per week.
2. Tutorials on a weekly basis.
3. Computer Laboratory Time using packages for CAL.
4.Assignments for assessment purposes will take the form of phase tests and coursework.

STATEMENT OF ASSESSMENT

This module will be assessed by normally two multiple choice tests (weeks 15 and 20 are suggested),  coursework assignments (one by week 12 and one by week 18) and an “exam”  at the end of the year.
 

MODULE SYLLABUS

1. Basic Financial Accounting Method
The Balance Sheet and its reflection of business transaction. The simple recording and verification of transactions. The meaning of Capital and revenue expenditure.  The Profit Statement and an analysis of capital changes.  Problems concerning the measurement of profit.  The meaning of depreciation and its calculation.  The relationship between profits and cash.  Underlying concepts and conventions of accounting.

2. Accounting for limited companies
The nature of Limited Liability Companies and their special characteristics.  The concept of legal personality.  The capital structure of limited companies.  Limited company accounts.  The regulatory framework governing the annual report and accounts of limited companies.

3. The Interpretation and evaluation of financial statements.
Basic balance sheet analysis and the interpretation of the annual report and accounts of Limited Companies.  A review of the actual and potential users of the annual report and their information needs.
1.
      
Basic Management Accounting Method

i) What is a “cost” – including cost classification.

ii) Absorption costing – including Overhead Apportionment.
Iii) Marginal Costing – including Break-even analysis.
Iv) Information needs of decision makers.

5. Decision Making
a) selection of suitable costing systems for differing products.

b) the characteristics of alternative costing systems.


6. Budgeting and Planning
  I) The importance predicted data.
 II) The need to compare actual and predicted data.
III) The problems of predicting costs and revenues.
IV) The methods of evaluating SHORT TERM projects
V) Cash flow projections and the importance of CASH planning.

 

Business Environment (CORP1111)

Module Characteristics

The module essentially investigates a broad range of factors that impact upon a business both from within the business itself as well as from inevitable external pressures.

 The content is highly topical throughout with the first major section dealing with current world events and how they influence business prospects.  The rationale for such an introduction is to demonstrate the contemporary nature of the subject matter as well as enabling the student to draw upon aspects of their general knowledge.

 The module moves on to analyse in depth the influence of government macroeconomic policy on the business environment.  The present economic objectives of government are assessed and a range of policies are examined at the regional, national and local level.  The constraint of resource availability faced by a nation is also assessed.  Policy success and policy failures are investigated against the backdrop of the business cycle.

A large emphasis is made on how a firm approaches their own particular market via market analysis.  The importance of changing conditions of demand, and supply constraints are looked into in detail.  Subsequent changes in cost and revenue conditions are analysed depending upon the degree of competition that the firm faces.  Government intervention in markets is highlighted as a key aspect of the mixed economy.

 The success of business is dependent upon the success of the economy, which may ultimately be derived from the political processes, and stability of a nation.  As such the module also covers the impact of the overall political environment at the international, regional, national and local level.

 Thus, the module is designed to give students a broad understanding and appreciation of the business environment.  In addition to this, the module should furnish them with a knowledge of key concepts and principles that will be drawn upon in the future both at university and in the work place.  The highly topical nature of the content should enable the student to see the relevance of their studies and enthuse them to keep a current level of general knowledge. 

The assessment criteria selected have been chosen to encourage participation, learning and memory retention of facts, techniques and principles (via frequent multiple choice tests) as well as developing the skill of summarising key information and putting forward an evidenced argument in a clear, logical and sequential manner (essay writing).

Learning and Teaching Strategies

The module will have a weekly lecture, which will be supported by eight tutorials (two blocks of four tutorials separated by a period of self directed study with which to generate the first essay assignment).

 The lectures are keynote in nature and predominantly delivered by PowerPoint.  The lectures are of a highly applied and contemporary nature so as to encourage students to appreciate the value of the subject content in relation to real-world issues.  At the beginning of each lecture students receive a handout containing the PowerPoint slides which are designed to include an area for note taking.  In addition they are reminded of the reading in the core text as well as reference to recent media reports on the current topic.

 The tutorial sessions are designed to:

  • Reinforce key issues and concepts initially delivered in lectures.  The format can be a brief presentation by the tutor going over the particular issue ascribed to the tutorial followed by a number of short discussion questions to stimulate student participation.  Alternatively, sessions will commence with a brief presentation by the tutor and will then have problem sheets that are worked on by students split into groups before a summing up at the end.

  • To encourage reading, participation and attendance at lectures, three of the eight tutorial sessions will be devoted to assessed multiple choice papers devoted to examining areas already covered in lectures.  These papers will be marked during class so that the student receives immediate feedback.  Time will be allowed to explain all of the answers.  These papers will also provide practice linked to the end of year multiple choice paper.

  • Allow time for students to ask any questions about the module and to receive feedback.

 

Essentially two diverse assessment methods (essay writing and multiple choice – the latter being used for coursework as well as end of module examination) have been selected to give variety but also to provide the possibility for students to excel in one form of assessment if they have difficulty with the other:

  • Essay writing is believed to be a useful skill for a first year student to develop in the early part of their degree or higher national diploma.  Essays encourage the research of key topics which must then be articulated in a concise, logical and comprehensive manner.  The work should also be supported by verifiable evidence.  This logical progression of thought should help a student assimilate and critically evaluate information received as well as enable them to express views in a succinct manner.  Students are given a period of time for self directed study to generate their first essay based upon the early part of the course.  This occurs in the middle of the module between the two blocks of four tutorials.   A choice of titles is given and a limit of 1,500 words is imposed.  Essays are marked by the tutor and returned within two weeks with thorough feedback.  Such feedback should enable the student to develop their essay skills further for their next submission which takes place towards the end of the teaching period of the module.  At this stage a large choice of topics is provided to cover the breadth of the module.  The second essay has a limit of 2,000 words.  The first essay is worth 20% of the overall module mark and the second, 30%.  To ensure commonality of marking, all tutors are issued with a comprehensive checklist highlighting good practice in the creation of essays.

  • Three multiple-choice papers take place based upon the content of the lecture programme as well as the core text.  In total they are worth 20% of the overall coursework mark.

  • There will also be a one hour end of module multiple-choice paper scheduled during the examination period to ensure an overall understanding of the module content.

 Coursework marks will be worth 70% of the overall module mark with the end of module multiple choice exam accounting for 30% of the overall module assessment.

Module Syllabus

1.       Introduction to business organisations, – their external & internal environments.

2.       Current world events and their impact upon business, such as: the influence of energy prices, interest rates, inflation, economic growth, performance of stock markets, the levels of private and public investment and the business cycle.  These topics are likely to vary each year to reflect current world issues.

3.       Corporate responsibility and the environment.  This will be set against the background of the most recent environmental disaster and the example is therefore likely to change from one year to the next.

4.       Applied macroeconomics: models of the economy, for example: the circular flow of income. Government macroeconomic objectives such as: inflation targets, growth targets, a high rate of employment and participation, a balance of payments, and public borrowing.  All of these topics will be illustrated using current data.  Data can be drawn from and applied to any country, such as Britain, or group of countries, such as the European Union, for purposes of illustration.  Macroeconomic policy: fiscal policy, monetary policy and supply side management. Regional Policy, urban policy, public private partnership.  Resources for the macro-economy: people, technology and natural resources.

5.       The market system: This section is set in the context of promoting a new good or service by an operational business.  An applied example will be chosen such as the potential launch of a new brand of beer by an existing brewery.  The nature of, and influencing factors of demand for goods and services.  Supply conditions faced by the firm.  The importance of understanding elasticity: price elasticity, cross-price elasticity and income elasticity.  Estimating equilibrium price and output and examining how such an equilibrium is automatic yet highly unstable.  Governments and markets: the influence of tax and subsidy policies, price floors (labour market) and price ceilings (fair rent policy), privatisation policy.

6.       The operation of a business in the market.  Drawing upon the issues in (5) above this section deals with the cost and revenue conditions facing the firm: Short run costs: fixed costs, variable costs, average costs, marginal costs, total costs.  Revenues: average revenue, total revenue and marginal revenue.  Long run costs: economies of scale, diseconomies of scale and the ‘very’ long run.  Operational business structures: (perfect) competition, monopoly and oligopoly.

7.       The influence of the surrounding political environment upon the business environment.  The impact of international politics. Large trade groupings such as the European Union (EU) or the Association of South-East Asian Nations (ASEAN) for examples.  Political systems.  Government in democratic states.  The three branches or functions of government.  Checks and balances in democracies.  The policy process.

Understanding Organisations (HRMG 1103)

Module Characteristics

The module aims to introduce students to the concepts and theories relevant to an understanding of the behaviour of people in work organisations. It distinguishes between formal and informal organisation at work, comparing key principles of organisational design and their impact on organisational effectiveness and individual behaviour.  It outlines the principles of management which underlie the design of work and examines the influence of technology on job satisfaction and the motivation to work. It explores the types of conflict and sources of organisational misbehaviour which occur within the employment relationship and recognises the impact of cultural context on organisational principles and behaviour.

Learning and Teaching Strategies

Students will be taught in sets of approx 50 students by the same member of staff throughout the year  There will be a one hour class every week and four extended classes of two hours at the beginning of the first term and at the end of the second term (in blocks of four). The first set of extended two hour classes will take place in the second week of the first term. The second set of extended two hour classes will start in week 18.  In this model each student gets the recommended faculty class contact time but the 8 ‘tutorial’ hours are taught in larger groups. The one hour sessions will consist of lectures and  student-centred case-work material. The two hours sessions will in the first instance allow for more focused attention on individual students (ice-breaker/orientation sessions), in the second instance for workshop activities linked to assessment.

Module Syllabus

Growth and Development of Organisations

Scientific Management and the McDonaldisation of Society

Human Relations, Groups Dynamics and Leadership Styles

Theories of Motivation and the Technological Determinants of Job Satisfaction

The Age of the Smart Machine: New Information Technology and Strategic Choice

Patterns of Bureaucracy

Organic Structures Systems and Contingency

A Political Model of Organisations

Organisational Conflict and Misbehaviour

Culture and Organisations: Japan, India and the West.

Organisational Decision-Making

 

:Principles of Marketing (MARK 1201)

Module Characteristics

The module aims to equip students with a thorough grounding not only in the theories which underpin marketing principles, but also the practical application of these theories.

The student has the opportunity to explore and gain an understanding of marketing as an organisational discipline. Although complete in itself as a way of comprehending the principles of the process, those students wishing to pursue further marketing studies should be equipped by this module to follow more advanced modules at levels 2 and 3.

Learning and Teaching Strategies

A combination of lectures, workshops and tutorials . The strategy is to move students steadily through a range of module specific resources, building their knowledge, understanding and confidence in the use and manipulation of the principles of marketing. Application skills are developed through a number of smaller tasks which build to form a smooth entry to the final time constrained assessment. At all stages the strategy is to provide support , encouragement and feedback, where possible.

Module Syllabus

The marketing concept

Marketing orientation

Buyer behaviour

Market segmentation, targeting and positioning

Marketing research

Marketing mix planning

Product policy

Services marketing/non-profit marketing

Pricing decisions

Distribution decisions

Communication mix

International marketing

New Business Creation (CORP1501)

Module Characteristics

This module introduces the notion of functional structures within a small firm context through student participation and involvement in a simulated new venture project. The module provides opportunities for individuals and teams to explore the specialist roles within their new venture project by taking responsibility for an area such as marketing, finance, operations or human resources at the director level. The module will equip students to develop a range of key business skills such as selling, pricing, planning, strategy development, purchasing, producing, record-keeping, business administration, controlling finances, etc.  in addition to a number of personal capabilities such as risk-taking, decision-making, coping with uncertainty, problem-solving, communication, negotiation, and leadership. Participating students will be able to demonstrate an ability to apply the concepts and skills of venture creation through an action-learning approach.

Learning and Teaching Strategies

The primary teaching and learning strategy for this module is one of ‘learning by doing’ through practical experience. Team and individual tasks will be tutor and/or student led. Students are supported to undertake reflective practices using a variety of learning resources. The emphasis in the delivery of the module is in stimulating students to adopt a proactive approach to learning. Learning methods will include:

  • Role play

  • Board of Director meetings

  • Workshops

  • Tutor facilitated discussion

  • Team projects

  • Reflective journal

Exposure to business professionals/entrepreneurs

Module Syllabus

The module is designed to develop a new venture in four stages

Stage 1 = Ideas generation and development

Stage 2 = Opportunity testing, research and refining

Stage 3 = Resources identification and planning

Stage 4 = Implementation

Students will work in groups of 7 to develop and run a ‘live’ business over the duration of the academic session. There will be three company teams per tutorial group, total of 21 people per tutorial group.

 Lectures will be arranged for 8 weeks – 4 lectures from week 1-4. 4 lectures from week 13-16.

Tutorials will commence in week 2 – tutorials will bi-weekly and will be two hours and will include scheduled board meetings.

Students will also need to attend four finance briefing workshops x 2 hours– where they will meet with a banking representative – these will be held in weeks 6, 11, 15, 22

Designated monthly Board meetings will be attended by an assigned executive director

 The indicative module outline covers:

Lecture 1 = Introduction

Lecture 2 = Internal relationship – Teams and team building

Lecture 3 = Finance – finding capital to get you started

Lecture 4 = External relationship – Networks and their importance to start-ups, who are the key people in your network and who are your key stakeholders

Lecture 5 = Financing – cash flow cycle

Lecture 6 = Who are your customers, identifying segments?

Lecture 7 = Planning and strategy, task management and project management – how do you get things done?

Lecture 8 = Getting your product/service to the customer

 Other workshops and tutorials will cover the following topics:

  • An introduction to the key functions of a business
  • Relationships between, and impacts of, the business functions on the creation, planning and management of a new venture
  • The generation an validation of possible viable business ideas and opportunities
  • How to set-up a company, plan and get started
  • The roles and responsibility of functional directors
  • The management and administration of company boards
  • The practical development and launch of products and services
  • The practical financial, marketing, personnel and operational aspects of managing a new venture
  • The setting of company goals and how to monitor progress
  • How to wind up an existing venture effectively
  • How to prepare and report company business and performance

  

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