for Liberal Studies (Business & Management)
Accounting is referred to as the language of business. This module aims to introduce you to the accounting process and the uses of financial accounting information in the business context. It places an emphasis on the preparation of the financial statements and their analysis. The module also introduces financial management in order to assess the feasibility of investment opportunities.
This introductory module will provide you with detailed knowledge of the core theories of macroeconomics, for both closed and open economies. In addition, this module aims to highlight how theories and policies have evolved throughout the history of global economy and how world events have contributed in their development. The module will aim to enhance understanding of real world macroeconomic experiences involving macroeconomic challenges, as well as successful macroeconomic cases. It will demonstrate how macroeconomic modelling driven from simple equations is used in practice. The module seeks to deliver the tools and skills required to apply macroeconomic theory to the ongoing global economic and political challenges. There will also be a focus on understanding the behaviour of households, firms and the government to comprehend the impact of economic decisions on the rest of the economy at a macro level. The module is designed to mix basic macroeconomic theories with various real examples and case studies in order to develop your knowledge with how the actual economy operates.
This module provides a solid foundation in theories of microeconomics, by reviewing various case studies of real experiences from different regions and sectors. The module also seeks to advance your understanding of basic principles of microeconomics, by familiarising you with the analytical tools and skills required to be able to think like an economist. It also aims to provide an understanding of different views of microeconomic policies (including political and social philosophy perspectives). Understanding the application of microeconomic theories to real word phenomena and assessing the implications for economic policy, are amongst the focuses of this module.
The module aims at introducing you to the theory, concepts, principles and practice of management accounting. In particular, it seeks to explain the relevance of accounting in a business context, and lays emphasis on how cost accounting principles and practice are applied to managerial planning, decision making and control.
The module introduces the fundamentals of law, relating to business and management, transactions and the legal implications of conducting different types of business activity. You will be introduced to the principal concepts which engage in contract, company, tort and employment law. Particular emphasis is given to the legal system in England and Wales, which underpins domestic commercial transactions and also international commercial transactions, as accepted by the jurisdiction of the English courts. Additionally, you will be introduced to international law, human rights and the law of the EU. Upon successful completion, you will be able to demonstrate an understanding of the legal issues and complexities that exist within a business environment and be able to apply relevant legal principles to facts, argue both sides of an issue and reach appropriate conclusions.
This module introduces you to fundamental moral questions which are relevant to business, such as, how to bridge the gap between shareholder and stakeholder interests in business operations and long-term strategy. You will explore the various ethical theory frameworks (e.g. utilitarianism, deontological views, and virtue ethics) and learn how to use them in solving ethical dilemmas that arise in business. You will also explore the concept of corporate social responsibility and evaluate different ways in which business can fulfil its role in society.
This module integrates accounting concepts, with time value of money and risk concepts in the understanding of and application to, security valuation and capital market theory, capital budgeting, short and long-term financing and working capital management. Value maximisation and risk/return trade-offs in financial decision making are employed as integrative concepts throughout the module.
Businesses buy and sell. They have inputs and outputs. The objective of this module is to introduce students to the transformation processes that convert, at a profit, those inputs into outputs. To achieve this goal, the module covers three broad areas. The first is operations management, how to structure and run the internal workings of an organisation, (including planning for production and/or service provision).
The second area is supply chain management, extending operations management beyond the boundaries of the organisation to include suppliers and customers. The third area is project management, dealing with discrete, time limited projects instead of ongoing and repeating activities. The module provides the concepts, techniques and tools to design, analyse and improve the operational capabilities of an organisation. The module makes extensive use of simulation exercises to give you the opportunity to learn by practice.
This module builds on the premise that people are at the very heart of successful organisations. It explores the tripod relationship between people, management practice and organisations by drawing on the fields of organisational behaviour and human resource management. The first part of the module relies heavily on organisational behaviour principles, inviting you to rethink how to enable people within and for the organisation. The second part will examine how people are managed as human resources in organisations. The human resource management element will recognise that in contemporary organisations the management of human resources is a key aspect of any management role, and is not merely a specialist activity.
The basic objective of the module is to provide a broad introduction to marketing concepts, the role of marketing in an organisation, and the various factors that influence marketing decision making. You will be exposed to the language of marketing, examine the marketing process and the way it is connected to management. You will explore key components such as marketing environments, advertising and promotion, marketing research, product development and pricing, channel distribution management and consumer behaviour. You will relate your own experiences from a user's perspective and develop an appreciation of a ‘behind the scenes’ provider perspective played out in retail, manufacturing, and other marketing organisations.
This module explores a variety of advanced topics in business and management, which are of current relevance and reflect the breadth of a liberal arts programme. It will cover a wide range of issues like corporate and white collar crime, global financial crisis, managing complexity, managing innovation, and international business law. Lecturers will use case studies and up-to-date material in discussing each issue, and provide you with an insight into how a particular topic relates to the world outside the classroom, and can therefore be explored in an interdisciplinary manner.
Creative Leadership is an interdisciplinary, reflective and experiential module designed to inspire learners to explore leadership from a holistic perspective as it recognises that leaders interact concurrently with a variety of stakeholders in multiple, complex and dynamic settings. You will engage in self-discovery, consider case studies and develop informed perspectives relating to issues of key concern within the topic of creative leadership. The module content is structured around thematic units addressing the changing nature of leadership, communication and confidence building, group synergies and organisational learning, leaders as futurists and innovators. Personal reflection is a key component of this module.
This module examines the issues confronting international companies (business) and the tools and approaches for dealing with those issues (management). It aims to provide you with an understanding of the development and structure of the global political economy within which businesses operate, the issues, problems and complexities confronting businesses and their managers, the tools and concepts for approaching those issues, and an appreciation of likely future developments.
This is an integrative module for the Business and Management major, that aims to bring all the core disciplines together, which, coupled with specific strategic management skills taught in this module, will provide you with the knowledge and practice to develop a credible strategic plan for a business or company.
The purpose of this module is to bring together the breadth of a Liberal Arts student’s learning and experience to bear on a major project. Starting from the student’s major area of study the project will reach out to incorporate elements from the totality of learning on the programme and the realisation of the breadth that a Liberal Arts graduate has achieved. The Capstone can take the form of a reflective practice-based project or a traditional written dissertation subject to meeting the word-length equivalencies below. The Capstone will run over two semesters and will be supervised by a minimum of one supervisor although two may be allocated depending on the nature of the work.