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

PLEASE NOTE: This module is inactive. Visit the Module Directory to view modules and variants offered during the current academic year.

The details
2023/24
Essex Pathways
Colchester Campus
Full Year
Foundation/Year Zero: Level 3
Inactive
Thursday 05 October 2023
Friday 28 June 2024
30
18 November 2020

 

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

 

(none)

Key module for

(none)

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 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:


- to ensure that students obtain a broad understanding of basic business concepts and terminology
- to enable students to develop their analytical skills by applying theory to practice within the four areas
- to give students the opportunity to engage actively and critically with case-studies, balance sheets and other practical elements
- to provide opportunities for discussions of the taught material and enable students to engage with research tasks

Module learning outcomes

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


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

2. An appreciation of areas of Banking, Finance, Management and Accounting

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

4. An ability to communicate ideas efficiently in written form


Module information

Syllabus

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

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


Assessment

100% coursework
Pass mark: 40%

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
Accounting and finance 1 hr 30 mins test in week 9 (20%). This test examines the students' understanding of accounting and finance material covered in Autumn Term. This will be uploaded via Faser.

One Management 1,500 word assignment (30%). Assignment handed in during week 25. The essay assesses students' understanding of management by applying theory/model into a real business.

A 24-hour take home exam (50%) will consist of discursive type questions and financial calculations. It includes questions covering any of the topics taught in the syllabus.

Reassessment Strategy:
Failed unit of assessment

Failed Coursework -Resubmit a 24-hour take home exam which will be marked as 100% of the new module mark. The reassessment task will enable the relevant learning outcomes to be met.

Learning and teaching methods

Teaching and learning on Essex Pathways modules offers students the ability to develop the foundation knowledge, skills, and competences to study at undergraduate level, through a curriculum that is purposely designed to provide an exceptional learning experience. All teaching, learning and assessment materials will be available to you via Moodle in a consistent and user-friendly manner.

This module is delivered using a ‘blended’ approach that involves a range of teaching methods. There will be four hours of directed teaching and learning per week over 22 weeks and each week’s instruction will consist of a mixture of live ‘synchronous’ and recorded ‘asynchronous’ delivery. In addition, there will be an expectation that students undertake the guided set-reading and research necessary for their modules.

Asynchronous Delivery

The asynchronous aspects of the delivery are an evolution of the traditional University lecture and primarily focus on the sharing of academic theory and concepts to ensure students develop a sound knowledge and understanding of the discipline and cultivate an appreciation of relevant and current research in the subject area. This material will be made available to students via Moodle and will usually include essential and further reading, pre-recorded knowledge casts and some online, interactive activities that can be undertaken independently. Unlike traditional, timetabled lectures, the asynchronous aspects of the blended delivery provide students with the freedom and flexibility to learn at their own time, pace and convenience, each week. To ensure students can take advantage of this flexibility, materials will be released to the students in good time. In order for the students to benefit the most from the timetabled seminars, it is essential that students complete the necessary directed and guided learning before the event.

Synchronous Delivery

The synchronous elements of the teaching and learning will follow the structure of traditional university seminars. These may be delivered either face to face, on campus, or remotely via electronic means. The seminars provide students the opportunity to apply, and reflect upon what they have learned from the asynchronous delivery and guided study, and aim to bring the knowledge and understanding ‘to life’ by relating it to current issues and practice. In seminars students will develop skills of application, analysis and problem solving through a variety of activities including quizzes, problem scenarios and essay-style questions. Whether students are attending seminars remotely, or on campus, these will be scheduled at a weekly set-time, for the duration of the module and will appear in the timetable.

Bibliography

This module does not appear to have a published bibliography for this year.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Coursework weighting

Additional coursework information

This module is core for Essex Pathway students who wish to study courses in the Department of Economics or Essex Business School.

Exam format definitions

  • Remote, open book: Your exam will take place remotely via an online learning platform. You may refer to any physical or electronic materials during the exam.
  • In-person, open book: Your exam will take place on campus under invigilation. You may refer to any physical materials such as paper study notes or a textbook during the exam. Electronic devices may not be used in the exam.
  • In-person, open book (restricted): The exam will take place on campus under invigilation. You may refer only to specific physical materials such as a named textbook during the exam. Permitted materials will be specified by your department. Electronic devices may not be used in the exam.
  • In-person, closed book: The exam will take place on campus under invigilation. You may not refer to any physical materials or electronic devices during the exam. There may be times when a paper dictionary, for example, may be permitted in an otherwise closed book exam. Any exceptions will be specified by your department.

Your department will provide further guidance before your exams.

Overall assessment

Coursework Exam
50% 0%

Reassessment

Coursework Exam
50% 50%
Module supervisor and teaching staff
Mr Haji Yakubu, email: hyakubu@essex.ac.uk.
Haji Yakubu and Liz Algar
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 6194 hours, 130 (2.1%) hours available to students:
6064 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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