Business Management with Economics

The Digital and Business Skills module introduces a range of digital tools for academia and the workplace. Important business skills such as management, collaboration and teamwork are fundamental to the module. Regular engagement with online platforms provides tasks to improve digital competency. Also, co creation work presents self-reflection and confidence building opportunities. Gaining the inspiring digital enterprise award (iDEA), completing LinkedIn learning assessments for Microsoft software applications, and completing collaborative video creation tasks will increase your digital and business skills as you progress towards the completion of this module. Digital Business is here to stay, so it is vital to improve these 21st century skills.

Using data effectively is central to business success and this module will provide a grounding in the key skills you will need to understand and use data. 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 more advanced studies dealing with quantitative analysis in business and economics.

This module provides you with an introduction to the key functions of business and is an opportunity to see how they work. You will get an understanding of functions including people management, accounting, marketing and operations, and how they underpin business success. This is illustrated through the lens of some of the successful businesses from across the Greater Manchester region that Salford Business School work with: we will look at a range of businesses including startups, family businesses and large scale enterprises and multinationals from different industry sectors. It is a first opportunity to see what makes businesses tick and will help you think about your future learning and employment journeys.

What are the opportunities for business in the future? Starting with a grounding in the business context you will gain an understanding of economics and the digital environment, including the role of the digital economy. We will explore some of the key challenges that are on the horizon such as the impact of massive digitisation and industry 4.0, inclusive growth, food security and the climate emergency, and look at the opportunities for business to provide responsible and sustainable solutions

This module introduces you to the key concepts of modern economics, including how markets function as the foundation of contemporary economies 

This module is all about practical experience: using a business simulation tool you will have a chance to get into the heart of an organisation. Working in a group you will see what it is like to be the decision makers regarding all things finance and influence the success of your business. This is hands on learning which will teach you the fundamental principles of a specific organisational function relevant to your pathway area.

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 module enables you to study the application of microeconomic theory to issues and problems, including the decision-making of individuals, households and firms, strategic behaviour, and market failures.

During this module we take a detailed look at various aspects of Project Management through a variety of means such as lectures and practical seminars informed by research and industrial collaborations. We will focus on theoretical approaches, tools and techniques of planning and controlling projects.

We will discuss project management as an important and integral part of a business whether this is product or service based.

International economics covers a wide range of issues that are crucial to living standards across all countries. For example, why countries find it desirable to engage in international trade, the factors determining the industries in which they will specialise, the desire of some countries to protect certain sectors from international competition, the reasons for countries wanting to form or join regional trading arrangements or the reasons why the UK left the European Union. These issues are at the heart of government economic policy and are investigated in this module.

This module provides you with the analytical skills and the economic principles used to design, guide and interpret commercial, economic, social, and environmental policy. Working in teams, you will use these analytical skills and economic principles to work on a consultancy project for one of our partner organisations.

Students will be introduced to a variety of methods of analysis for management decision making, which will be practiced on real data sets aligned to students’ named degree titles. Formative assessment will be set for practice, with timely feedback given to aid learning and personal development.

The decision making techniques introduced in the module can be applied to a wide range of settings, such as interpreting market performance, forecasting growth, make or buy decisions, optimisation of scarce resources etc.

This module aims to equip you with the analytical skills required to handle and analyse business, financial and economic data using basic econometric methods, including simple and multiple linear regression models, inference and hypothesis testing. As part of this module, you will get hands-on experience with the Data Analysis Toolkit within Excel and the Econometric/Statistical software package Stata. You will also undertake an applied empirical project where you are expected to demonstrate your understanding of data analysis and econometric methods.

The digital workplace is here to stay. This module helps you gain an understanding of the application of digital technologies in organisations. You will develop a critical awareness of the relationship between people and the workplaces of the future. You will also explore the issues around implementing a digital strategy.

On this short module, you'll look at the issues affecting current marketing in a global setting and the impact this has on the wider business environment. You'll look at different marketing niches from a social, economic and environmental perspective, considering the importance of minority group affiliations associated with Black Lives Matter, LGBTQ+, social inclusion, ethics, sustainability and the marketing-savvy green consumer. You'll also gain an understanding of the ethical, moral and legal requirements that managers must appreciate when engaging in international marketing activities.

A short internship, whether paid or unpaid, is invaluable for you to develop and demonstrate your skills in the real-world. This module allows you to gain credits for work you do that is relevant to your degree and contributes to your employability. The Business School will provide support and guidance when you are looking for internship opportunities. This may be done during the summer period between the end of level 4 and the start of level 5, but other opportunities may be possible provided the relevant amount of work-based learning is undertaken. During term time, you will work on a reflective report to demonstrate what you learned during the internship.

You will be introduced to some fundamentals of basic financial and management accounting, learning to understand the content of financial statements and the accountancy practices required to prepare these statements. You will learn to analyse and interpret financial statements and use the data to make informed management decisions. With cost (and its impact on profit) a key factor in an organisation’s success, you will learn to communicate financial information both in writing and speaking.

On this module, you will learn about some of the key aspects of law and how these impact upon business. You will be introduced to the outline of the English Legal System, Contract Law, Employment Law and Company Law. You will develop a critical understanding of legal issues that may arise in business situations and be able to use your knowledge of the law in relevant business practices.

The module provides a comprehensive understanding of economic and financial principles as applied to the sports industry. Students will analyse contemporary sport issues, financial statements, revenues, costs, demand, pricing strategies, and the market structure of the sport industry. The module also covers financial strategies for sport organizations, including business formation, fund-raising, maintaining a healthy financial position, and expansion strategies. Additionally, students will learn about the application of economics and financial management in sport organizations, data-driven decision making, and the role of sport in political and diplomatic issues. This module equips students with the knowledge and skills to make sound financial decisions and strategic management in the dynamic and evolving field of sports business

All 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 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.

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.

This module develops your knowledge of the core economic principles relevant to the analysis of competition and competition policy. You will analyse and critically evaluate models of competitive markets and apply economic principles to problems and policy issues related to competition 

This module will help you to develop your leadership skills and prepare you for your future career. You will explore theory, behaviour, people management and leadership within an organisational context, apply this in your specialist context. This is an opportunity to develop the skills you have gained in the early part of your degree and apply them to prepare you for the responsible and authentic leadership that future business requires

Employers tell us that they are looking for employees with an entrepreneurial mindset.  Or perhaps you're thinking of setting up your own business.

In this module you have the opportunity to undertake an enterprise project for an internal or external sponsor on a topic of common interest.  Alternatively, you can use this opportunity to undertake in-depth research for your own project, for example, a business plan if you are wanting to start up a company after you graduate. The nature of the project will be negotiated by yourself, the module leader and the sponsoring company. 

This module will provide a detailed understanding of business strategy, so that you acquire an organisation-wide perspective through exploring strategy techniques and processes within the global environment. You will draw together your knowledge from across the programme, and apply this to real world organisational problems, deploying accurately established techniques of analysis and enquiry, some of which are at the forefront of strategic research and practice. The module prepares you for a career in business and management, developing the next generation of managers, and you will work on industry problems drawn from your pathway specialism.

Technology innovation is concerned with developing your awareness and understanding of the use of digital technologies and their role in digital transformation. We will examine contemporary issues in this area and explore the impact that digital technology had had on business and will have in the future. On completion, you will have a critical awareness of the digital industry and have considered the application of technology to business problems. This module links with and is supported by Launch@ Salford, the University’s incubation centre.

Modern businesses derive significant insight from applying advanced analytical techniques to massive volumes of data. In the module, you will learn a range of established Big Data and analytics techniques and the value they provide to organisations. On successful completion of the module, you will not only be able to collect and analyse data to underpin business decisions but also be able to apply them within the business context, looking at strategy, business goals and organisational competitive advantage.

A short internship, whether paid or unpaid, is invaluable for you to develop and demonstrate your skills in the real-world. This modules allows you to gain credits for work you do that is relevant to your degree and contributes to your employability. The Business School will provide support and guidance when you are looking for internship opportunities. This may be done during the summer period between the end of level 5 and the start of level 6 but other opportunities may be possible provided the relevant amount of work-based learning is undertaken. During term time, you will work on a reflective report to demonstrate what you learned during the internship.

Climate change is a fundamental stressor which erodes past development and threatens future developments in vital areas of the well-being of humans. The sustainable use of energy is important in the 21st century due to our dependence on energy for transportation, business and heating which is the main factor behind climate change and the key to its solution. Therefore, energy and climate change are inextricably linked. The import of this module is to provide you with a background on issues pertaining to climate change from a multidisciplinary lens. You will study the science and policy of climate change, international climate finance, energy policy, business and sustainability and environmental policy.

The module will provide an introduction to the investment environment. The module will explain risk and how investors can manage risk. Furthermore, the module will explain about time value of money, portfolio management and the relationship between risk and return. 

The aim of this module is to understand the management and protection of digital information across various technologies. The module also concerns managing data security risk, cybersecurity risk, data policy in contemporary digital technologies, the strategic aspects of information security management and digital forensics and the legal, ethical ad professional concerns in data security.

You will critically appraise the economic concept of uncertainty and explore the methodology of game theory to integrate uncertainty into economic analysis. You will also analyse real-world conflict situations and explore their resolution in diagrammatic and mathematical formats.