IA104-3-FY-CO:
Introduction to Business Management

The details
2019/20
Essex Pathways
Colchester Campus
Full Year
Foundation/Year Zero: Level 3
Current
Thursday 03 October 2019
Friday 26 June 2020
30
09 August 2019

 

Requisites for this module
(none)
(none)
(none)
(none)

 

(none)

Key module for

BSC N401 Accounting (Including Foundation Year),
BSC NN43 Accounting and Finance (Including Foundation Year),
BSC NN42 Accounting and Management (Including Foundation Year),
BSC N4L1 Accounting with Economics (Including Foundation Year),
BBA N104 Business Administration (Including Foundation Year),
BBA N104CO Business Administration (Including Foundation Year),
BSC N201 Business Management (Including Foundation Year),
BA L102 Economics (Including Foundation Year),
BSC L103 Economics (Including Foundation Year),
BSC N301 Finance (Including Foundation Year),
BA L118 Financial Economics (Including Foundation Year),
BSC L117 Financial Economics (Including Foundation Year),
BSC N124 International Business and Entrepreneurship (Including Foundation Year),
BSC N124CO International Business and Entrepreneurship (Including Foundation Year),
BA L160 International Economics (Including Foundation Year),
BSC L161 International Economics (Including Foundation Year),
BA T7N4 Latin American studies with Business Management (Including Foundation Year),
BA L190 Management Economics (Including Foundation Year),
BSC L191 Management Economics (Including Foundation Year),
BSC N505 Marketing (Including Foundation Year),
BSC N505CO Marketing (Including Foundation Year),
BSC N835 Tourism Management (Including Foundation Year),
BSC N835CO Tourism Management (Including Foundation Year),
BSC N347 Finance and Management (Including Foundation Year)

Module description

The module aims to provide students with a basic understanding of some of the core elements within this field. The module will in particular concentrate on the specific areas of Accounting, Finance, Management and Banking and will give students an opportunity to apply theoretical concepts to key organisations, companies and institutions. The module will enable students to develop their analytical skills as well as aid them in developing their practical knowledge of this dynamic sector. The module draws extensively on the critical analysis of case-studies which students are introduced to during the seminar sessions. These are furthermore used to promote the development of group tasks and small scale research projects.

Module aims

The aims of the module are:



1. To ensure that students obtain a broad understanding of basic business concepts and terminology

2. To enable students to develop their analytical skills by applying theory to practice within the four areas

3. To give students the opportunity to engage actively and critically with case-studies, balance sheets and other practical elements

4. To take an active part in group discussions and contribute to small scale group tasks

5. To provide opportunities for discussions of the taught material and enable students to engage with research tasks and projects

Module learning outcomes

On successful completion of the module a student will be able to demonstrate:



1. An ability to couple key theoretical concepts to practical application

2. An appreciation of how the areas of Banking, Finance, Management and Accounting are linked

3. An ability to undertake a basic analysis and justification of common conceptual and practical issues related to the areas of Banking, Finance, Management and Accounting

4. An ability to communicate ideas efficiently in written form


Module information

Syllabus

Autumn Term
Accounting
- Introduction to accounting
- Income statements
- Balance sheets
- Ratios
- Accounting Regulations

Finance
- Capital markets and market efficiency
- Long-term finance (Sources of finance)
- Short-term finance(Sources of finance)
- Capital structure (Organisations and financing options)
- Investment appraisal

Spring Term
Management
- Management and leadership
- Recruitment and selection
- Motivation theories
- Internal and external influences
- Marketing

Banking
- Introduction to banking
- Banking functions
- The role of different types of banks and money markets
- Banking case studies

Summer Term
Revision classes

Learning and Teaching Methods
This module is delivered by four hours of teaching per week for 22 weeks. Each week's instruction consists of a two-hour lecture and two one-hour classes.
Lecture: The two-hour lecture introduces several of the units from the course textbook in outline and identifies the key points of the subjects under discussion.
Classes: Students will be given the opportunity to discuss any issues relating to the module material and will work together in groups on a range of class exercises.

Assessment
Formative assessment
Students will be required to submit a formative piece of writing during the term. This will not be graded, but feedback and guidance will be given as to how this could be improved in the future. The purpose of the formative assessment is to ensure that students become familiar with academic writing.

Summative assessment
Coursework will consist of:
In-class test 1 (30%)
In-class test 2 (30%)
One 1,500 word assignment (40%)
A final exam of three hours will consist of essay type questions and financial calculations.

Reassessment Strategy:
Failed unit of assessment

Failed Exam - Resit the exam which is re-aggregated with existing coursework mark to create a new module aggregate.
Failed Coursework - Resubmit a piece of coursework (1,500 words) which is re-aggregated with existing exam mark to create a new module aggregate. The reassessment task will replace the coursework component and will enable the relevant learning outcomes to be met.
Failed Exam and Coursework - Resit the exam and resubmit one piece of coursework (1,500 words) to be aggregated to create a new module aggregate.

Learning and teaching methods

This module is delivered by four hours of teaching per week for 22 weeks. Each week's instruction consists of a two-hour lecture and two one-hour classes. Lecture: The two-hour lecture introduces several of the units from the course textbook in outline and identifies the key points of the subjects under discussion. Classes: Students will be given the opportunity to discuss any issues relating to the module material and will work together in groups on a range of class exercises.

Learning support
Summarised lecture material is provided using PowerPoint presentations, which are available on Moodle. Students will be given exam type questions/case studies to work on in classes and all such work will be given feedback
Discussion and debate on relevant topics will be encouraged. Solutions to tests and past exam papers will also be discussed in class. You can also contact the module leader for any questions via email (hyakubu@essex.ac.uk) or during academic support hours, which are published on the course Moodle site.

Bibliography

  • Casu, Barbara; Girardone, Claudia; Molyneux, Philip. (2015) Introduction to banking, Harlow: Pearson.
  • Hall, Dave; Jones, Rob; Raffo, Carlo. (2008) Business studies, Harlow: Pearson.

The above list is indicative of the essential reading for the course. The library makes provision for all reading list items, with digital provision where possible, and these resources are shared between students. Further reading can be obtained from this module's reading list.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Weighting
Coursework   IA104 Assignment 1   18/03/2020  40% 
Written Exam  IA104 In class test 1     30% 
Written Exam  IA104 In class test 2     30% 
Exam  180 minutes during Summer (Main Period) (Main) 

Overall assessment

Coursework Exam
50% 50%

Reassessment

Coursework Exam
50% 50%
Module supervisor and teaching staff
Mr Haji Yakubu, email: hyakubu@essex.ac.uk.
Haji Yakubu, Liz Algar, Fowad Murtaza
Helen Hearn (hhearn@essex.ac.uk or 01206 872842)

 

Availability
No
No
No

External examiner

No external examiner information available for this module.
Resources
Available via Moodle
Of 448 hours, 430 (96%) hours available to students:
18 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s).

 

Further information
Essex Pathways

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