Bristol Business School, UWE Bristol ERASMUS Options Semester 2, 2015-16 Exchange and Study Abroad students are able to choose one of the four streams offered within the Bristol Business School. Within some of these streams, it is then possible to choose a specialism Business and Management Select Methods of Enquiry (BIM) (30 credits) Accounting Information for Business ONE OPTION from: Market Analysis for Private Investors International Trade and Multinational Business Good Business, Bad Business & Sustainability Integrated Marketing Communications Management Communication & Decision-Making Law & Equality at Work Entrepreneurship & Small Business Credit Management: Theory and Practice Digital Business Management Intercultural Communication Select Marketing Select Methods of Enquiry (MET) (30 credits) Financial Aspects for Marketing, Events & Tourism Integrated Marketing Communications Accounting & Finance Select Methods of Enquiry (AEF) (30 credits) Managerial Accounting & Finance ONE OPTION from: Market Analysis for Private Investors Business Law Credit Management Theory & Practice Good Business, Bad Business and Sustainability Select Economics Select Methods of Enquiry (AEF) (30 credits) Managerial Accounting & Finance ONE OPTION from: Good Business, Bad Business and Sustainability International Trade & Multinational Business Select Students who have previously completed two years of study at their home institution may be allowed to select modules from among the level three options at UWE, subject to timetabling and availability. Business and Management Module Methods of Enquiry (BIM) Accounting Information for Business Module Code UWE Credits Learning outcomes etc… UMCDTX-30-2 30 On successful completion of this module, students will be able to: - Demonstrate an informed understanding of the roles and purposes of different types of organisational enquiry and business research (A, B) - Demonstrate an understanding of the principles and practice of the design of research and other investigative projects (B) - Demonstrate the ability to evaluate, select and pursue different enquiry approaches, methods and methodologies (B) - Demonstrate an understanding of ethics in the enquiry process. (B) - Understand, select and apply different methods of enquiry relative to context. (B) - Be familiar with relevant business (and other) databases. (B) - Interpret and evaluate published business and management research and other evidence. (B) - Design and propose an extended enquiry project.(B) - Self critically reflect on the quality of their own work. (A) - Develop core skills in working accurately and creatively with qualitative and quantitative data. (A) UMAD5H-15-2 15 On successful completion of this module students will be able to: Extract and analyse financial data and information Prepare cost information for both short term and long term decision making Critically appraise the impact of accounting on organisations and their stakeholders Evaluate the methods of managing working capital within organisations Explain how financial information systems within business organisations aid senior managers in planning and controlling activities, within particular reference to the role of budgets tential organisational & behavioural implications of using accounting and management control systems Explore the use of performance measurement systems in organisations, with particular reference to scorecard type systems Write reports in a suitable form for use in business organisations Module Assessment A Portfolio/Learning Journal (Component A – 50%) Indicative length: 1, 500-2,000 words. A 3,000-4,000 word proposal (Component B – 50%) on a specific research issue will be developed as coursework over the module. Summative exam (2 hours) Individual report (2000 words) Market Analysis for Private Investors International Trade and Multinational Business Good business, bad business and sustainability Integrated Marketing Communications UMAD5M-15-2 UMED8P-15-2 UMED8U-15-2 UMKD6M-15-2 15 15 15 15 On successful completion of this module students will be able to: Understand, evaluate and apply key investment theories in the context of a private investment portfolio decision making Evaluate the operation and performance of UK equity markets Demonstrate the application of financial market instruments in the construction of a private investment portfolio Identify, access and understand multiple sources of financial information Critically evaluate financial, market and economic data for investment decision making in the context of a private investment portfolio Calculate, interpret and apply key investment ratios 2-hour exam (40 per cent) On successful completion of this module students will be able to demonstrate the following: Analysis of the role, size and significance of trade in the global economy Knowledge of the historical factors determining the existence and growth of international trade and its relationship with national and international economic growth Critical analysis of various international trade theories Evaluation of the causes and consequences of trade protectionism Understanding of the operation of international currency markets and the different types of exchange rate regimes Critical analysis of the effectiveness of Fair Trade On successful completion of this module students will be able to demonstrate the following: A comprehension of the ethical dimension of business decisions A developed understanding of the economic value of ecosystem services and environmental sustainability Ability to apply techniques of evaluation in considering the externalities of business and economic activity Evaluation of the actions and performance of an organisation in relation to corporate social responsibility, business ethics and sustainability Assessment of frameworks for complex business and economic decision making such as the triple bottom line. 2-hour exam (70 per cent) On successful completion of this module students will be able to demonstrate the following: Good knowledge and understanding of a range of marketing communications issues in an integrated, consumer, services, public sector, and international context. Understanding of the role and relative strengths possessed by each of 1.5 hour exam (50 per cent) Group investment game (60 per cent) 1500-word essay (30 per cent) 2000-word problembased written assessment (50 per cent) 2-hour exam (50 per cent) 2500-word written assignment (50 per cent) the variety of media classes, types and vehicles available to marketers. Understanding of the concept of a media-neutral environment and the implications this holds for the communication planning process. Appreciation of the ethical issues associated with marketing communications and the positive role that social marketing communications can play in society. Ability to analyse, in response to a creative brief, the creative environment and formulate a full and reasoned proposal that contains: the identification of target markets; communications objectives; a media plan; a creative strategy; and, a proposed method of tracking and evaluation. On completion of the module students will be able to: Identify a range of processes, procedures and practices for effective management communication and decision making Understand the impact of contextual factors on organisational communication and decision making in organisations Critically analyse theoretical frameworks used in the study of organisational communication and decision making Create, identify, and evaluate options and provide original solutions to management communication and decision making issues using relevant theoretical frameworks Develop self and social awareness in relation to management communication and decision making Demonstrate creativity, analytical ability and critical reflection skills in relation to theory and practice of management communication and decision making Demonstrate critical reflection skills Reflect on effective communication and decision making interactions in a management team On successful completion of this module students will be able to: Describe and explain the key theoretical interpretations of inequality and discrimination in the labour market Explain the role of Europe in the setting of anti-discrimination legislation. Understand and explain the main points of the discrimination and equal treatment legislation in the UK and demonstrate knowledge of the leading case law. Explain theories of equal opportunities and the management of diversity and their role in anti-discrimination policy and practice Identify key sources of labour market statistical data and critically assess their use in helping organisations to establish good equal opportunities and diversity management practice. Understand and assess the role of the government, NGOs, employers Management communication and decision-making Law and Equality at Work UMOD6H-15-2 UMPD7J-15-2 15 15 2000-word learning diary (60 per cent) 2-hour exam (40 per cent) 3000-word projectbased research report (100 per cent) Entrepreneurship and Small Business UMSD7Q-15-2 15 Credit Management Theory and Practice UMAD5N-15-2 15 Digital Business Management UMMDFY-152 15 and trade unions in using the law to eradicate discrimination in the workplace. Develop research, presentation and appropriate academic writing skills Critically evaluate theoretical accounts of labour market discrimination, equal opportunities and the law On successful completion of this module students will be able to: Outline the significance of SMEs, entrepreneurship, and enterprise in terms of both their direct economic contribution and their contribution to society as a whole. Explain various concepts of entrepreneurship and the entrepreneurial process. Understand current thinking on contemporary issues affecting entrepreneurs, SME owners and managers. Present current issues affecting entrepreneurship, enterprise and SME owners and managers from an informed position Discuss the theoretical influences on entrepreneurship, including positions derived from economics, psychology and sociology On successful completion of this module students will be able to: Explain the nature of strategic credit planning; the structure of organisations’ credit function and the role of credit manager Design an efficient credit policy in the context of a firm’s mission, identify and compare and contrast different credit activities in companies’ core areas Calculate the cost of credit and the effect of extending credit on business performance, with a focus on profitability and liquidity Discuss the decision behind vertical integration versus outsourcing the credit function within an organisation Describe the different policies and practices and the credit process from granting credit to the payment of an invoice Critically evaluate and analyse credit management practices in a real-life context Evaluate different credit assessment techniques and classify customers into risk categories using appropriate conventional techniques. Interpret and analyse debtors’ levels in the balance sheet. Collect credit data and produce relevant credit information for use by management within a variety of organisational environments Create basic models for use within credit management and identify the underlying assumptions of conventional techniques and processes. On successful completion of this module students will be able to: Identify information requirements at various levels of business operations and the business information systems able to deliver them Identify the potential for IT applications within a business context 3-hour exam (50 per cent) Coursework (50 per cent) Case study group presentation (60 per cent of CW mark) Reflective essay 750 words) (40 per cent of CW mark) 2-hour written exam (50 per cent) Intercultural Communication UMOD88-15-2 15 Demonstrate an appreciation of current issues in business computing Appreciate ethical aspects of data and information management in business Understand and use decision-making models Debate issues relevant to current uses of Information and Communications Technology in business Apply appropriate knowledge and analytical techniques to problems and issues arising from both familiar (routine) and unfamiliar (novel) situations On successful completion of this module students will be able to: understand the concept of "culture" and its influence on language, values, social behaviour, world view and identity understand the communication process, its channels (verbal and nonverbal) and its variable use across "cultures", including key socio-cultural influences in identity formation be able to monitor own language production and behaviours and recognise and articulate "difference" in an objective and measured way relate theory to practice in understanding how values, communication and behaviour can affect business practice across cultures analyse and address problems that occur in the multicultural/international workplace as a result of “cultural” differences Portfolio of 8 individual submissions + 1 reflective summary of 1500 words linking submissions (50 per cent) Written exam (50%) Coursework (50%) Marketing Semes ter 2 Module code and name UMCDC8-30-2 Methods of Enquiry (Marketing, Events and Tourism) Module information Syllabus outline Contact Assessment Proposed lecture programme: - Designing an organisational enquiry project 1: Principles - Designing an organisational enquiry project 2: Practicalities - Framing problems, questions and objectives in organisational enquiry - Reviewing the evidence-base in organisational enquiry - Principles of quantitative enquiry - Principles of qualitative enquiry - Ethics of organisational enquiry - Designing successful pitches and proposals - Practising quantitative enquiry - Practising qualitative enquiry Module delivery will be based on 6 hours of scheduled learning and teaching activities per teaching week. This will consist of: - A weekly one hour lecture for the delivery of core syllabus concepts - A two hour facilitated enquiry/problem-based learning lectorial A Portfolio/Learning Journal (Component A – 50%) will be compiled progressively over the skills sessions, which will incorporate a series of online test. In addition individual reflections on the development of the research proposal (see below) will be an important element of this portfolio. Indicative length: 1,500-2,000 words. A 3,000-4,000 word proposal (Component B – 50%) on a specific research issue will - Completing and writing enquiry projects - Preparing for your final year project - Three one hour skills development/lab work/surgery workshops with tutor feedback and support be developed as coursework over the module. This will normally be in respect of the project (empirical, theoretical, or applied) the student intends to develop at level 3. Extensive use will be made of Blackboard for weekly guided independent study work. UMADDF-15-2 Financial Aspects of Marketing, Events and Tourism 2 2 UMKD6M-15-2 Integrated Marketing Communications Assessing company performance and the financial strength of the organisation Investment in new or expanded facilities based on evaluation of projected financial returns using investment appraisal techniques: Payback and ARR Investment in new or expanded facilities based on evaluation of projected financial returns using investment appraisal techniques: NPV and IRR Brand Valuation Development of plans and budgets and the influence of target setting on managers Key performance indicators, including the Balanced Scorecard and Responsibility Accounting Transfer Pricing Calculating full product costs: Absorption costing Calculating full product costs: ABC costing Target costing Short term decision making: including cost classification and the behaviour of costs, cost volume profit analysis, the importance of contribution and break even analysis Relevant Costing and limiting factors Communication theories and models Media and media planning Advertising Sponsorship, Public relations Sales Promotion, merchandising and point of sale Internal marketing communications Exhibitions and Field Marketing Ethical communications and social marketing Module delivery will be based on 3 hours of scheduled learning and teaching activities per teaching week. This will consist of two one hour lectures and a one hour seminar. Component A- 2 hour examination (60%) Contact will be through three hours a week of lectures and seminars. Students will be expected to prepare for the seminar activity and guidance will be given on the content of that preparation Component A – Exam – 2 hours (50%) Component B – Group report – 1,500 words & Group Presentation (for which individual marks will be allocated) (40%) Component B - Written Assignment (2,500 words +/- 10%) (50%) Accounting and Finance Semes ter Module code and name Module information Syllabus outline Contact Assessment 2 UMCDC9-30-2 Methods of Enquiry (AEF) (30 credits) Proposed lecture programme: - Designing an organisational enquiry project 1: Principles - Designing an organisational enquiry project 2: Practicalities - Framing problems, questions and objectives in organisational enquiry - Reviewing the evidence-base in organisational enquiry - Principles of quantitative enquiry - Principles of qualitative enquiry - Ethics of organisational enquiry - Designing successful pitches and proposals - Practising quantitative enquiry - Practising qualitative enquiry - Completing and writing enquiry projects - Preparing for your final year project Module delivery will be based on 6 hours of scheduled learning and teaching activities per teaching week. This will consist of: - A weekly one hour lecture for the delivery of core syllabus concepts - A two hour facilitated enquiry/problem-based learning lectorial - Three one hour skills development/labwork/surgery workshops with tutor feedback and support A Portfolio/Learning Journal (Component A – 50%) will be compiled progressively over the skills sessions, which will incorporate a series of online test. In addition individual reflections on the development of the research proposal (see below) will be an important element of this portfolio. Indicative length: 1, 500-2,000 words. A 3,000-4,000 word proposal (Component B – 50%) on a specific research issue will be developed as coursework over the module. This will normally be in respect of the project (empirical, theoretical, or applied) the student intends to develop at level 3. 2 UMAD5J-15-2 Module delivery will be based on 3 hours of scheduled learning and teaching activities per teaching week. Overall there will be 18 hours of lectures and 18 hours of seminars over a 12 week period. Summative assessment consists of : a 2 hour examination - final assessment (60%) Managerial Accounting and Finance (15 credits) Cost classification and the behaviour of costs. Short-term decision-making, including cost volume profit analysis, the importance of contribution, relevant costing and limiting factors. Calculating full product costs: including absorption and activity based costing and its contribution to activity management. Investment in new or expanded facilities based on evaluation of projected financial returns using investment appraisal techniques. Long-term/short-term financing policies and financing working capital. Development of plans and budgets and the influence of target setting on managers. Calculation of flexible budgets. The behavioural aspects of management control systems and the “beyond budget” agenda. Key performance indicators, including the Balanced Scorecard, and the role of performance measurement in organisations. Individual report 2,000 words (40%) 2 Working capital management UMAD5M-15-2 Market Analysis for Private Investors (15 credits) Investment theory – Key investment theories influencing private investment decision making and private portfolio construction, including Equity markets – the nature and workings of the UK Contact time will be 3 hours per week. This will be a combination of lectures, lectorials and tutorial sessions. equity and bond markets; how to evaluate sources of financial information, use of multiple data resources including portfolio simulation packages; diversification and investment strategies in private portfolio construction; bonds and their place in private investment portfolios Interpretation and application of financial and accounting information – investment ratios; sources of information for investment decision making Collective Investment – the structure of collective investment instruments; comparative performance evaluation in a private investor context; packaged products Contact time will be 3 hours per week. This will be a combination of lectures, lectorials and tutorial sessions. Component A Examination: 2 hours (40%) Component B Coursework (60%): This a group assessment in the form of an investment game, requiring students to identify suitable investments for their chosen client and manage them in a real time virtual portfolio over a time constrained period . Once the portfolio is created, students are required to monitor, review and revise their portfolio and comply with regular reporting dates (15% of component). They must submit a 1500 word UJUUJ4-15-2 Business Law (15 credits) Part A The main divisions and Sources of English Law, including the European Union The English Legal System including courts, tribunals and other ways of resolving disputes, the role of the legal profession. The differences between criminal and civil law, and ways of enforcing Court judgements The Human Rights Act, or other topical matters that illustrate problems of law-making and enforcement in the business world or private life Selected aspects of the law of torts affecting business e.g. identify the meaning of a tort, aspects of the law of negligence, vicarious liability, contribution and indemnity The law of contract e.g. formation, terms including exclusion of liability, defects, termination and remedies The law of employment e.g the distinction between the self employed and employees, the contract of service, dismissal and redundancy. Part B The legal personality, formation and features of sole traders partnerships and companies, A brief outline of the law of agency in the context of business organisations, e.g, duties of partners and directors and authority of the agent Concept of limited liability and corporate personality eg the corporate veil Module delivery will be based on three hours of scheduled learning and teaching activities each week. This will consist of an alternating pattern of a 1 hour lecture and a 2 hour workshop one week and a 2 hour lecture and a 1 hour clinic the next week Summative assessment will comprise a 2000 word coursework during the course of the module and a two hour examination at the end of the module. Types of companies eg public or private The procedures for registering a company and thereafter regulation of companies The constitution of a company eg articles of association Financing the company 2 UMAD5N-15-2 Credit Management Theory & Practice (15 credits) The theory, nature and related costs and benefits of Credit Management (Economics of credit, Trade, Export and Consumer Credit, Costs and benefits of Credit Management) Credit Terms, Products and Services (according to customer type, mechanics of credit products in trade, export and consumer credit, importance of customer identification for credit purposes) Key Factors affecting choice of Credit Policy (influence of Credit Policy as an investment tool, Credit Policy to promote sales growth, as a bargaining tool) Incentives offered to customers to increase sales (impact on credit management) Credit Assessment (importance of cash flow, financial and nonfinancial analysis of different types of customers, working capital considerations) Incentives and promotional forms of credit (types of customers and classification, handling large account customers, trade and customer relationships) Credit Performance Measures and Reporting (importance of credit performance measures, key ratios, ledger and customer management Analysing and reporting KPIs of the credit function (collection policies, management of in-house collections, use of third parties, bad debt policies, factoring, outsourcing and shared service centres, credit risk mitigation) Legal aspects of Credit Management (consumer and commercial Law, developments in the regulatory framework) Importance of Current Issues in Credit Management in today’s business environment (costs and implications in using services to buyer and seller, competitive advantage and perceptions, opportunities and threats to credit management, Globalisation of the credit function) Efficient credit management (delegation and empowerment of credit staff and training opportunities) 12 weeks, 3 hours per week: 36 Lecture : 12 Lectorial: 12 Workshop: 12 Hours total: 36 Written exam 50% Coursework 20% Practical exam/presentation 30% 2 Good business, bad business and sustainability UMED8U-15-2 (15 credits) On successful completion of this module students will be able to demonstrate the following: A comprehension of the ethical dimension of business decisions A developed understanding of the economic value of ecosystem services and environmental sustainability Ability to apply techniques of evaluation in considering the externalities of business and economic activity Evaluation of the actions and performance of an organisation in relation to corporate social responsibility, business ethics and sustainability Assessment of frameworks for complex business and economic decision making such as the triple bottom line. Module delivery will be based on 3 hours of scheduled learning and teaching activities per teaching week. This will consist of an alternating pattern of one lecture, two seminars/workshops in one week, and two lectures and one seminar/workshop the next week 2000-word problem-based written assessment (50 per cent) 2-hour exam (50 per cent) Economics Semes ter Module code and name UMCDC9-30-2 Methods of Enquiry (AEF) (30 credits) 2 Module information Syllabus outline Contact Assessment Proposed lecture programme: - Designing an organisational enquiry project 1: Principles - Designing an organisational enquiry project 2: Practicalities - Framing problems, questions and objectives in organisational enquiry - Reviewing the evidence-base in organisational enquiry - Principles of quantitative enquiry - Principles of qualitative enquiry - Ethics of organisational enquiry - Designing successful pitches and proposals - Practising quantitative enquiry - Practising qualitative enquiry - Completing and writing enquiry projects - Preparing for your final year project Module delivery will be based on 6 hours of scheduled learning and teaching activities per teaching week. This will consist of: - A weekly one hour lecture for the delivery of core syllabus concepts - A two hour facilitated enquiry/problem-based learning lectorial - Three one hour skills development/labwork/surgery workshops with tutor feedback and support A Portfolio/Learning Journal (Component A – 50%) will be compiled progressively over the skills sessions, which will incorporate a series of online test. In addition individual reflections on the development of the research proposal (see below) will be an important element of this portfolio. Indicative length: 1, 500-2,000 words. A 3,000-4,000 word proposal (Component B – 50%) on a specific research issue will be developed as coursework over the module. This will normally be in respect of the project 2 2 2 UMAD5J-15-2 Managerial Accounting and Finance (15 credits) Good business, bad business and sustainability UMED8U-15-2 (15 credits) International Trade and Multinational Business UMED8P-15-2 (15 credits) Cost classification and the behaviour of costs. Short-term decision-making, including cost volume profit analysis, the importance of contribution, relevant costing and limiting factors. Calculating full product costs: including absorption and activity based costing and its contribution to activity management. Investment in new or expanded facilities based on evaluation of projected financial returns using investment appraisal techniques. Long-term/short-term financing policies and financing working capital. Development of plans and budgets and the influence of target setting on managers. Calculation of flexible budgets. The behavioural aspects of management control systems and the “beyond budget” agenda. Key performance indicators, including the Balanced Scorecard, and the role of performance measurement in organisations. Working capital management On successful completion of this module students will be able to demonstrate the following: A comprehension of the ethical dimension of business decisions A developed understanding of the economic value of ecosystem services and environmental sustainability Ability to apply techniques of evaluation in considering the externalities of business and economic activity Evaluation of the actions and performance of an organisation in relation to corporate social responsibility, business ethics and sustainability Assessment of frameworks for complex business and economic decision making such as the triple bottom line On successful completion of this module students will be able to demonstrate the following: Analysis of the role, size and significance of trade in the global economy Knowledge of the historical factors determining the existence and growth of international trade and its relationship with national and international economic growth Critical analysis of various international trade theories Evaluation of the causes and consequences of trade protectionism Understanding of the operation of international currency markets and the different types of exchange rate regimes Module delivery will be based on 3 hours of scheduled learning and teaching activities per teaching week. Overall there will be 18 hours of lectures and 18 hours of seminars over a 12 week period. (empirical, theoretical, or applied) the student intends to develop at level 3. Summative assessment consists of : a 2 hour examination final assessment (60%) Individual report 2,000 words (40%) Module delivery will be based on 3 hours of scheduled learning and teaching activities per teaching week. This will consist of an alternating pattern of one lecture, two seminars/workshops in one week, and two lectures and one seminar/workshop the next week. 2000-word problem-based written assessment (50 per cent) Module delivery will be based on 3 hours of scheduled learning and teaching activities per teaching week. This will consist of a combination of lectures and seminars/workshops. 2-hour exam (70 per cent) 2-hour exam (50 per cent) 1500-word essay (30 per cent) Critical analysis of the effectiveness of Fair Trade