Lancaster University

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Summary

The Business & Management Studies foundation route  gives students solid academic knowledge in business and management. In addition to business and management specific knowledge gain, students will also develop solid English language skills and will be able to communicate effectively and to understand verbal and written instructions. At the end of the course students will be ready to explore business and management effectively and to build on that understanding to move on to further studies in more than 40 degrees offered by the University. 

Degree choices for the Business & Management Studies route include, among others,  Accounting & Finance BA (Hons); Accounting, Auditing & Finance BSc (Hons); Accounting, Finance & Computer Science BA/BSc (Hons); Accounting & Economics BA (Hons); Advertising & Marketing BA (Hons); Business Studies (Accounting) BSc (Hons); Business Studies (Finance) BSc (Hons); Finance BSc (Hons); Business Economics BA (Hons); Management & Entrepreneurship BA (Hons); Marketing BSc (Hons); Management & Information Technology BSc (Hons); Management & Organisation BA (Hons); Management BBA (Hons); and Project Management BSc (Hons).

Course structure: There are core modules and route modules. You take 3 modules per term plus Project Study in the final term. Student assessment is by a combination of examinations, coursework, presentations and extended essays.

Core modules

Foundation English Skills 1 (FES 1): Develop your ability to read academic texts, write extended texts, write subjective notes, listen effectively in class and participate in classroom debates.

Foundation English Skills 2 (FES 2): Improve all your abilities developed in part 1 with greater accuracy, speed, cohesion, organisation and presentation.

Foundation English Skills (FES 3): Use your study time more effectively, improve your use of, and range of, information sources and prepare comprehensive essays in your own time to given deadlines

Project Study: Complete a self-study project on a topic that you will take, in consultation with your tutor, from the academic discipline that you will subsequently study at degree level.

Mathematics for Business: Containing algebra and statistics. Develop your knowledge and understanding of mathematical terms and techniques and apply these to solving problems, frequently drawn from practical and real-life situations.

Route modules

Business Studies 1: Develop an understanding of both the operational and strategic problems facing the business enterprise in the modern market economy. The module will focus on two key area of Human Resource Development and Marketing.

Business Studies 2: Continue developing an understanding of both the operational and strategic problems facing the business enterprise in the modern market economy. This module considers the practical aspects of setting up, establishing and running a business and looks at the external influences that could have a major impact on the business’s success.

Introduction to Financial Accounting: Learn about double entry book-keeping, preparation of trial balances, profit and loss statements, depreciation, limited companies, manufacturing accounts and interpretation of accounts.

Principles of Economics 1: Understand economic systems, types of goods, allocation of resources, elasticity, price controls, types of markets, cost and revenue, economies of scale and market failure.

Principles of Economics 2: Learn about aggregate demand and aggregate supply, economic policies, inflation, unemployment, international trade and development economics.

Key facts