Foundations of Business
Business Management with Finance with Foundation Year
Salford Business School
In a nutshell
Studying BSc Business Management with Finance at the University of Salford gives you an understanding of the challenges faced by governments and organisations worldwide, as well as the skills and knowledge to work in a high-level business or managerial career. This industry-led course combines theory with professional experience, through live projects and professional placements.
Our goal is to prepare you for a fulfilling life and professional career. Along the way, you’ll learn to be curious, adaptable and confident, ready to meet the digital, ethical and sustainability challenges of the 21st century.
How will we - together - achieve this?
Find out about our commitment to our students.
The Foundation Year of the four-year programme aims to provide understanding of the key subjects in business to meet the prerequisites for entry to Business Management with Finance.
With Professional Development options, exemptions from professional examinations such as ACCA, and Sage training embedded in your learning, graduating with a degree in Business Management with Finance means graduating with the necessary skills to take the first steps in your career.
We have worked with industry partners to make sure the programme is highly practical, career-focused and industry-informed to prepare you for a successful management career. Our staff are here to support your learning; on this course, **100% of students asked agree that staff are good at explaining things** (University of Salford analysis of unpublished NSS 2020 data). We are proud to work with our student panel to ensure our teaching is relevant, inclusive and respectful for all.
You'll also have access to a wide range of opportunities that help you develop your real-world skills, such as live projects, a year's paid work placement and study abroad.
During your degree, you will have the option to participate in the Study Abroad programme. The programmes allows you the chance to spend your second year studying on an international exchange with one of our global partner institutions in Europe, the US or the rest of the world.
You will learn:
- The essential skills for a successful career in Financial Management
- The business experience required for general management positions
- The skills that employers look for such as project planning, team working and self-presentation
- Study on a programme where 100% of students agreed that staff are good at explaining things (University of Salford analysis of unpublished NSS 2020 data)
This is for you if...
You want to develop a high flying career in an important area of business
You have a head for numbers
You are looking for a solid business education
All about the course
Employability is at the core of every programme offered at Salford Business School. This means the modules included on BSc (Hons) Business Management with Finance have been developed to meet the current needs of employers.
In your Foundation year, you will start to look at fundamental areas of business as well as the key skills you need to study at University level.
In your first year, you will start to develop an understanding of how organisations work, looking at key business and finance concepts, developing the skills needed for responsible leadership and understanding how to think strategically. You will be learning by doing through working on exciting and innovative business simulations or real-world projects.
The second year is all about exploring more specialised theories and learning skills that will be transferable across multiple business functions. With core and optional modules, you can start to shape your own learning. The Professional Development module is designed for you to practise the skills you need – CV writing, being interviewed, assessment centres - to apply for and get a placement year and, ultimately, your dream job on graduation.
By your final year, you are becoming a professional, developing the skills needed for the finance sector and understanding how to think strategically. Core modules increase your in depth knowledge and continue your career development while the optional modules allow you to specialise in your areas of interest.
Throughout the programme, your decision-making and critical thinking skills will be improved through the integration of real-world examples.
We strongly encourage you to develop your personal skills and your confidence by studying abroad during your second year or doing a work placement in your third year. A work placement really enhances your CV and shows future employers that you can apply the skills, knowledge and understanding you have learned. If you choose to take the Professional Experience Year option, you will not pay fees to the University and will earn a wage for the work that you do. Read about Ruksana Akter's experience on work placement at Salford City Council.
Read about Rosemen Ali's experiences on an Accounting and Finance programme at Salford Business School on her blog post.
Find out more, register for one of our Open Days
This module will introduce you to key concepts of business and management looking at what business is (and isn’t). You will be encouraged to draw on real-life examples found in the businesses you use in your every day life. You will develop an understanding of the key functions used within contemporary businesses and learn about the tools and techniques used in business for analysis and planning.
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.
Sustainable Business Development
This module looks at what’s involved in starting up a sustainable business. You will discover what is needed for long term business success. We’ll look at financing and funding, business formation, planning, business ethics and sustainability along with other core aspects of start-ups. You will work closely with industry partners to gain insight into the world of start-ups. If you are interested in starting a business, this module will really help you to discover what is involved. You also gain key knowledge which your degree will build upon.
This module will explain the importance and key elements of digital business. You will explore how digital business ideas drive technology choices and how those technologies support the development of the business.
Academic and Personal Skills
Academic and Personal Skills is delivered with your future in mind. This module takes you through how to get to grips with the technology you need to succeed, as well as using the library, how to reference and how to produce the different styles of academic writing.
It also helps you to develop yourself; you will create a CV, learn how to write a cover letter and find out what your learning style is. The module has guest speakers who share their expert knowledge and experience with you. All the skills covered in this module will help you to succeed in your chosen degree.
This module is studied in term 2 of the foundation year and brings together everything that you have learnt so far on the foundation year. This is your opportunity to put your knowledge into practice. You will work as part of a team to develop a business idea; you will work through the process of setting up the business. As a team you will pitch your idea to a panel to gain investment in your start-up. You will then start the business and create an event with the profits being donated to a local charity of your choice. Whatever your chosen business discipline this module will give you the opportunity to demonstrate and develop your skills.
Digital and Business Skills
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, cocreation 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.
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.
Data Analysis for Business
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.
Business Finance in Practice
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.
Financial Crises and Symptoms
This module will cover topics such as birth of the money (and credit) and bank, historical development of financial markets, evolution of financial exchanges and regulations. This module will equip you with knowledge about how current financial systems and principles were formed based on historical financial crises and their impact on development of financial systems, principles and regulations. By completing this module, students will have a practical vision towards finance and required skills in this field.
The Future of Business
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 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.”
Analysis for Finance
Analysing and understanding data is at the heart of business decision making. In this module you will build on the data analysis skills that you learned in your first year, looking specifically at financal analytics and getting practical experience of using data to inform management decisions. You will work with data used every day by accounting and finance professionals and develop the skills you will need for your future career.
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.
There are two summative assessment designed for this module. A business report of 3000 words and an oral presentation that will not only assess the students on the theoretical applications as well as the practical skills required, but also build your confidence and presentation skills developing your skills for employability.
Live Project in Finance
This module is a chance to get hands on experience inside a real organisation. Working in teams, reflecting your future working environment, you will help one of our partner organisations develop a solution to a current finance problem. This is a chance to apply people, project and time management in practice and to see how your solutions can apply in practice. Our employers tell us that experience of live briefs is important to them, and this is your chance to apply the knowledge you have gained on the course in that context.
The International Finance module prepares students for a career in an international environment by broadening your economic and financial knowledge and helping to develop the skills required to manage international financial databases.
Financial Markets and Institutions
In this module, you learn the general concepts of financial markets and institutions. You will see the difference between primary and secondary markets and learn about markets for different products. Whilst studying this module, you will also look at various economic Indicators and their influence on the markets. After completing this module, you will have a much stronger background of financial markets and be ready to go to the next stage in the specialization. This module is designed to help students with very little or no finance background to learn the basics of financial markets and institutions.
10 credit modules
In the first term, you have the opportunity to choose a short (10 credit) module in an area you might be interested in or that you've never tried before. Alternatively, you can secure a short work placement and get credit for it in your results. Choose one from the options below; further options will be announced in December.
The Digital Workplace
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.
Contemporary Issues in International Marketing
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.
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.
L5 Internship SBS
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 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.
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.
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 Strategic Management module, can apply for membership of the Institute of Leadership and Management.
Leadership and Management in Finance
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 to the finance sector 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.
Innovation and Entrepreneurship
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.
Innovation in Financial Services OR Dissertation
In Business Finance, concepts such as raising capital, capital markets and the capital structure of firms will be explored. You will evaluate the processes of mergers and takeovers and analyse the risks in international finance.
10 credit modules
This is a further opportunity for you to choose a short (10 credit) module in an area you might be interested in or that you've never tried before. Alternatively, you can secure a short work placement and get credit for it in your results. Choose one from the options below; further options will be announced in December.
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.
Big Data Analytics
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.
L6 Internship SBS
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.
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 provides you with that extra edge when it comes to securing a job.
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.
SKILLS FOR LEARNING
Don’t bypass the Clifford Whitworth library, it really is a beneficial resource for you. The Skills for Learning team, based in the library, will help you develop the skills you need to be successful in your studies and in your work.
Over the duration of your course a range of assessment techniques will be used. Types of assessment include; essays, assignments, exams, multiple choice tests, online tests, group reports, and portfolio work. The weighting between exams and coursework varies between modules and years, but exams still play a major role.
Be part of our Business school community
Salford Business School aims to foster the next generation of leaders and create a new vision of innovative and entrepreneurial leadership. We are integrated into the local business community as a hub for knowledge creation and exchange. We are proud that our industry collaborations and partnerships benefit students, businesses and the community.
Our goal is to prepare you for a fulfilling life and professional career. Along the way, you’ll learn to be curious, adaptable and confident, ready to meet the digital, ethical and sustainability challenges of the 21st century.
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.
Where will I learn?
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. Lady Hale is also the home for the mock courtroom where the mooting team hone their skills in case presentation and debate.
The University library isn’t just for reading books. The ‘library in the park’ is a fresh, modern learning space with PC suites, Mac computers, bookable working rooms and café. It's open 24/7 everyday of the year (except Christmas Day!) so you can study when it suits you. It'll be an important place for you; in 2020, 100% of students asked agreed that the library resources have supported their learning (University of Salford analysis of unpublished NSS 2020 data).
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.
Interested in starting your own business? Launch@ Salford is the incubation centre for business start ups providing a reception area, hot desk office space, private meeting rooms – and a networking lounge where you can grab a coffee and make those business connections.
We want you to enjoy your time studying here, but we understand that there may be times you need a little extra support to help you. The Business School student progression team is here to help you progress through your courses as smoothly as possible.
University-wide, askUS is at the core of our student support service, offering information and advice on matters such as finance, wellbeing and counselling, accommodation and more. If you have any worries, concerns, or need advice on a particular topic, visit askUS on campus.
Find out more about Student Support Services at Salford.
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?
With opportunities to take part in a year-long paid work placement, a dedicated Professional Development module and support from the University’s careers team and our Launch entrepreneurship experts, we ensure you are equipped with the skills and experience employers are looking for.
The aim of this course if to provide you with the skills, knowledge and experience you need so that you have good job opportunities after you graduate. We have used our close links with industry partners to make sure the programme is highly practical, career-focused and industry-informed so you are ready for a successful finance career. We are proud to work with our student panel to ensure our teaching is relevant, inclusive and respectful for all.
Whether it’s in accountancy, marketing management, systems analysis, purchasing or banking, many of our graduates go on to enjoy successful and rewarding careers in high-level careers. American Express, BBC, Citibank, Ladbrokes, Numerica and KPMG are just a few of the organisations our alumni are bringing their ambition and ideas to.
We asked our industry contacts what they look for when employing graduates. Here’s some of the advice they gave:
“Soft skills – the communication, the listening, the team working - are really, really key. Graduates need to demonstrate how they’ve acquired some soft skills whether that’s been undertaking a project or demonstrating time management.” Vivine Cameron, Education Partnerships Executive, The Chartered Insurance Institute
The University of Salford grew out of the institutes of the late 19th century that provided a talented, technically proficient and professional workforce to support the UK’s rapidly growing industries. In the 21st century, this still holds strong. Whilst industry has changed significantly, the need industry-focussed education is equally relevant today.
We teach the skills that employers need and as a result, our graduates enjoy excellent international career prospects.
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 finance and 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.
ENGLISH LANGUAGE REQUIREMENTS
Applicants will be required to show a proficiency in English. An IELTS score of 6.0, with no element below 5.5, is proof of this.
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).
You must fulfil our GCSE entry requirements as well as one of the requirements listed below.
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
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.
For entry in the 20/21 academic year, EU students will be charged the Home rate in the fees table below. From September 2021 onwards, EU students will be charged the International fee shown in the table.
|Type of study||Year||Fees|
|Full-time home||2021/22||£8,250 for Foundation Year and £9,250 for subsequent years.|
|Full-time home||2022/23||£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.
Scholarships for international students 2020/21
If you are a high-achieving international student, you may be eligible for one of our international scholarships worth up to £5,000. Our international scholarships include the Salford International Excellence Scholarship.
All set? Let's apply
Course ID N1N4
Interested in starting this course in September 2021? Find out how to apply through Clearing.