Economics for Business
In a nutshell
With a curriculum that is career-focused and industry-informed, Business and Management with Foundation Year prepares you for a range of managerial careers. As a business and management student, you’ll develop a holistic knowledge of management theory and learn how to apply it to business scenarios.
Salford Business School maintains excellent links with businesses both locally and around the globe. These industry links help us to ensure that our programmes are designed around the current needs of employers and provide exciting placement opportunities for undergraduate students.
By studying Business and Management, you’ll not only graduate with an advanced knowledge of management theory, but with the experience, professional skills and industry insights to embark on an exciting career across multiple sectors and roles. The Foundation Year of the four-year programme aims to provide understanding of the key subjects in business to meet the prerequisites for studying BSc Business and Management.
You will learn:
- The principles that underpin core areas of business
- Ethical and sustainable business practices
- Entrepreneurship and business planning
- The skills that employers look for such as project planning, team working and self-presentation
This is for you if...
You are looking for a solid business education
You want to try out different areas of business before you specialise in one
You are looking to develop a range of highly employable skills
All about the course
Beginning with the core modules studied in the foundation year, an industry focus underpins the entirety of the business and management programme. From the understanding of key business concepts developed in the first year of the course, you will go on to explore more specialised theories and learn skills that will be transferable across multiple business functions.
The business landscape is constantly evolving; by aligning our syllabus with current business trends, we ensure you are equipped with highly employable skills. Modules like Management of Business Operations, the Dissertation and Project Management help to transform you from an ambitious individual into a skilled and business-minded graduate.
We also offer this programme as a Degree Apprenticeship; find out more.
Read about Stefanos Patelis' experiences on the business and management programme on his blog post.
Economics for Business is designed to give you an understanding of the economic basis of business. You will learn about how businesses operate in the UK and internationally, explore the economic principles behind government industrial policies and analyse macroeconomic policy and its effect on businesses.
Foundations of Business
This module will introduce you to key concepts of business and management. You will develop an understanding of the key functions used within contemporary businesses and learn about the tools and techniques used in business to conduct analysis and plan.
Foundations of Human Resource Management
Foundations of HRM provides you with a basic introduction to Human Resource Management. You will learn about the five key areas of the HRM discipline: employee resourcing, employee reward, performance management, employee relations and employee training and development.
IT Skills for Business
Through IT Skills for Business, you will be introduced to the concept of an information system and learn about its relevance to business. You will also explore different systems used in business and develop your skills and knowledge of a range of essential digital tools.
Academic Study Skills
Academic Study Skills helps you to develop the key skills required for successful study at university level.
Principles of Accounting
This module gives you a theoretical and practical introduction to the basics of accounting, including how to prepare financial statements.
Principles of Human Resource Management
You will learn about the important contribution of Human Resource Management policy and practice to employee and organisational success in the UK and internationally.
Principles of Marketing
You will receive an introduction to the theory and practice of marketing - an essential service to the long-term prosperity of organisations and businesses - and apply these principles to real life situations.
Digital and Business Skills
Digital and Business Skills offers an introduction to the fundamental skills you need for high level careers in a range of organisations. Communications, presentation and professional profile tools will be used to develop your knowledge and employability.
In your first semester, you will follow the Inspiring Digital Enterprise Award (iDEA) which helps you to develop your digital skills through a series of online challenges and events. This looks great on the CV too!
Data Analysis for Business
In Data Analysis for Business, you will develop an understanding of the concepts required for the use and interpretation of the quantitative methods used to analyse business data. You will practice your essential Excel skills and learn to use Minitab, a statistical software package used by companies to spot trends, solve problems and use data to gain insight.
This module prepares you for entry to more advanced studies dealing with quantitative analysis in business and economics.
Management of Business Operations
In this module you will learn about the management of business operations with a focus on the key processes within an organisation and the impact of the external environment they operate in.
This module will enable you to plan and carry out appropriate professional development activities to increase your employability and performance. These include self-presentation, professional networking, project planning and implementation, team working, influencing and multimedia communication. You will gain all the necessary experience required to take advantage of global employment opportunities.
This innovative module has been nominated for the Course and Curriculum Design award in the 2018 Guardian University Awards. One participant commented “It was thanks to this module that I gained a much better understanding of what employers are looking for and where I stand in comparison to that from the marks and feedback received… This proves to me I do have the experience and competencies sought after by employers. Realising this has really boosted my confidence.”
Legal Aspects of Business
This module introduces you to the operation of global legal systems and the areas of law that underpin the practice of effective business management. You will develop a working knowledge of law relating to contracts and their effective negotiation in different business environments.
International Logistics and Distribution Management
In this module you will develop a systematic understanding of logistics aspects and distribution within a global marketplace. You will learn about the various activities that make up logistics and distribution management and explore the methods adopted by companies to generate competitive advantage.
Business Research and Analysis Methods
In this module, you will develop the knowledge and skills required to evaluate published research and consultancy in relation to its methodology and findings. Through the use of a variety of methodologies and methods, you’ll develop an appreciation of the importance of business models.
Financial and Management Information Systems
This module introduces present-day costing techniques and their uses in the contemporary manufacturing and business environment. It explores the use of management accounting information for decision making and performance measurement; it introduces current issues in information technology together with a theoretical evaluation of the process of developing and implementing accounting information systems.
The Digital Workplace
The Digital Workplace develops your understanding of the application of digital technologies in organisations. The module helps you to develop a critical awareness of the relationship between people and workplaces in the future, together with the opportunity for exploration of implementation issues of digital strategy.
Managing International Events
This module gives you an understanding of event management practices that are applicable in the international arena and covers the event planning process and role of suppliers in the industry. You will also develop an understanding of the techniques and processes used in evaluating operational issues from different stakeholder perspectives.
In the Project Management module, you’ll develop a critical understanding of effective project management within a global business context. The module facilitates an understanding of project management skills, techniques, methods and tools and their applications and limitations.
Professional Experience Year
At the end of year 2, you may choose to undertake either a paid placement or study abroad for a year. If you choose to study abroad you will spend your academic year at one of our partner universities, enhancing your language skills and international business knowledge
All of our BSc students can apply for a one-year professional placement, which takes place between your second and last years of study. This is an excellent opportunity to take advantage of and over the last five years, 90% of Salford Business School undergraduates taking a one-year placement secured a 2:1 or 1st class Honours degree. We will help you find out about vacancies and make the right connections with high profile employers through regular events and presentations. Here is just a small selection of the companies our students have enjoyed placements with so far: NatWest, Barclays and the Cooperative Bank; BP, Esso and Shell; IBM, Hewlett Packard and Compaq; Ford, Vauxhall, Jaguar and Nissan; Marks & Spencer, Selfridges and Sainsbury’s; Eli Lilly, Glaxo and ICI; Fujitsu, Marriott and Virgin.
Professional Experience Year
All of our BSc students can apply for a one year professional placement, which takes place between your second and last years of study.
This is an excellent opportunity to take advantage of and over the last five years, 90% of Salford Business School undergraduates taking a one year placement secured a 2:1 or 1st class Honours degree.
We will help you find out about vacancies and make the right connections with high profile employers through regular events and presentations.
Here is just a small selection of the companies our students have enjoyed placements with so far: NatWest, Barclays and the Cooperative Bank; BP, Esso and Shell; IBM, Hewlett Packard and Compaq; Ford, Vauxhall, Jaguar and Nissan; Marks & Spencer, Selfridges and Sainsbury’s; Eli Lilly, Glaxo and ICI; Fujitsu, Marriott and Virgin.
Business Ethics and Sustainability
This module equips you with an appreciation and in-depth understanding of the implications of Business Ethics, Corporate Social Responsibility (CSR) and Sustainability within national and international organisations. This module will also develop your knowledge with respect to the importance of the balance between shareholders, stakeholders and the purpose and values of the organisation. It will explore the roles of social and technological innovation in global ethical organisations in order to prepare you for future employability.
You will acquire an organisation-wide perspective through exploring strategy techniques and processes within the global environment. The module prepares you for a career in business and management and develops the next generation of managers. It allows you to apply the knowledge and understanding of strategy to a variety of real-word organisations and helps student’s ability to deploy accurately established techniques of analysis and enquiry, some of which are at the forefront of strategic research and practice.
Students who successfully complete the Professional Development module (studied in 2nd year) and the Business Strategy module, can apply for membership of the Institute of Leadership and Management.
Business Entrepreneurial Simulation Project
In this module, you will work as part of a team in an online business simulation. Acting as the management team in a competitive business environment, you will solve business problems and learn about the relationships between different areas of business. This modules gives you a chance to test your entrepreneurship, business planning and your ability to manage change in an uncertain environment.
Global Purchasing and Supply Chain Management
This module gives you a systematic understanding of purchasing and supply chain management within a global marketplace. It is designed to help you understand the various activities that make up purchasing and supply chain and appreciate the use of the different methods adopted by companies to generate a competitive advantage.
As a 40 credit module, the Dissertation takes up two of your final year options. Choosing to undertake a dissertation allows you to identify and focus on a specialist area of research related to an aspect of your degree programme. Through this module, you execute a substantial piece of independent research and produce a scholarly and critical dissertation as a result. As well as being a great way to prepare you for postgraduate study, your dissertation can also be presented to potential employers as evidence of your analytical and research skills.
In this module, you will analyse the impact of digital technologies on organisations and critically appraise a range of technologies in the rapidly changing areas of digital practice, research and development. Technology Innovation gives you the requisite skills and knowledge to respond to future technological developments personally and for organisations.
Service Sector Entrepreneurship
Service Sector Entrepreneurship provides you with a course of study in entrepreneurship, business risk analysis, legislation ethics and social responsibility in small business development. The programme is designed to allow you to critically evaluate environmental, operational and strategic factors involved in the setup of a service business.
Please note that it may not be possible to deliver the full list of options every year as this will depend on factors such as how many students choose a particular option. Exact modules may also vary in order to keep content current. When accepting your offer of a place to study on this programme, you should be aware that not all optional modules will be running each year. Your tutor will be able to advise you as to the available options on or before the start of the programme. Whilst the University tries to ensure that you are able to undertake your preferred options, it cannot guarantee this.
What Will I be Doing?
Our teaching is industry-led, inspired by contemporary practice and developed in partnership with business leaders. Our academics are experts in their field and work closely with industry to ensure that our courses reflect the needs of business and provide you with that extra edge when it comes to securing a job. Right from the start of your studies you will develop the practical skills as well as the academic knowledge that you will need when you begin working.
Teaching is delivered through a combination of lectures, seminars and tutorials using a wide range of learning activities. You will experience small group tutorials during your First and Second year module studies. This ensures you will be highly skilled in time for your placements, year abroad experience and final year studies.
You will have access to a range of study skills sessions in the library to help you be successful in your studies and in your work. These include:
UniSkills, an online learning course designed to develop the study, research and digital skills you will need for studying in higher education and your lifelong learning journey. You can also earn digital badges for successfully completing the UniSkills assessment.
Wordscope, designed to help you improve and develop your academic writing skills.
Microsoft Office Specialist certification, awarded by Microsoft, helps you develop your skills and demonstrate to future employers your proficiency in Microsoft Office programmes such as Outlook, Project, Powerpoint and others.
Over the duration of your course a range of assessment techniques will be used. Types of assessment include:
- Multiple choice tests
- Online tests
- Group reports
- Portfolio work
The weighting between exams and coursework varies between modules and years, but exams still play a major role.
SALFORD BUSINESS SCHOOL
Salford Business School aims to be the most business-informed, industry-relevant business school in the UK. Industry shapes everything we do, from informing our students’ learning to providing work placements, driving our research and influencing our academic staff.
We want you to gain the best academic and personal experience possible. As a student here, you’ll have access to a range of experiences and opportunities, including internships and work placements in the UK or internationally so you graduate with much more than a degree.
Salford Business School is located at the heart of the University’s Peel Park campus and just minutes from Manchester city centre. Teaching facilities include Lady Hale and Chapman buildings, which offer stylish modern spaces with lecture theatres equipped with the very latest technology and large screen displays. A dedicated Employability team will help you with work placements and access to work skills. Throughout campus, there is a choice of individual study areas, communal learning and breakout spaces, plus a selection of food outlets.
If you’re planning on commuting, both our MediaCityUK and Peel Park campuses are perfectly placed. Whether by bus, rail, bike or car, we’re easily accessed from all over Greater Manchester, Lancashire and beyond.
What about after uni?
You will gain valuable new skills which prepare you for work, graduate entry into management training programmes, or further study.
The skills and knowledge gained by studying business and management are practical and applicable across a wide range of business functions. BNY Mellon, HSBC, RBS and Manchester United are just a few of the organisations that our students have gone on to secure positions with.
With opportunities to take part in a year-long paid work placement, a dedicated Professional Development module and support from the Business School’s Employability Hub, we ensure you are equipped with the skills and experience employers are looking for.
Hear first-hand about the opportunities a Business and Management degree creates in Debora’s blog post.
As an ILM accredited Business School, we teach the skills that employers need and as a result, our graduates enjoy excellent international career prospects.
Mercedes-Benz Cars UK Limited, CEVA Logistics, Tata and JCB all had input on the content delivered on BSc Business and Management during its development.
The curriculum across our undergraduate courses balances academic teaching and professional experience, allowing you to apply theory in practice in a way that has been proven to produce highly employable, articulate business professionals who have forged the contacts that will help develop their future careers.
What you need to know
This course offers excellent scope for any student wanting to start a career in management, finance, marketing and a variety of other different business areas. Knowledge and expertise in business are highly sought after by employers across a wide variety of sectors. This course will appeal to a range of applicants and there is no need to have studied these subjects before to be successful.
This course isn’t suitable for international students. If you are an international student and interested in studying a foundation year, please visit our International Foundation Year course page.
Maths and English at grade C or grade 4 or above (applicants who do not have the equivalent of grade C or above, GCSE Mathematics and GCSE English will be considered on a case by case basis).
UCAS tariff points
64 points from a minimum of one A2 pass
BTEC National Diploma
MPP (BTEC Extended Diploma), MM (BTEC Diploma)
Access to HE
64 Points – Pass with a minimum of 45 credits at Level 3 and 15 at Level 2
64 points from a minimum of one Advanced Higher
Irish Leaving Certificate
64 points from a minimum of one Higher Level subject
Pass Diploma with 60% or above
Salford Alternative Entry Scheme (SAES)
We welcome applications from students who may not meet the stated entry criteria but who can demonstrate their ability to pursue the course successfully. Once we have received your application we will assess it and recommend it for SAES if you are an eligible candidate.
There are two different routes through the Salford Alternative Entry Scheme and applicants will be directed to the one appropriate for their course. Assessment will either be through a review of prior learning or through a formal test.
|Type of study||Year||Fees|
|Full-time home/EU||2019/20||£8,250 for Foundation Year and £9,250 for subsequent years.|
You should also consider further costs which may include books, stationery, printing, binding and general subsistence on trips and visits.
All set? Let's apply
Course ID N103