BA (Hons)

Business Management and Economics

students at computers in NBS trading room
  • UCAS code(s): NL21 / NL2C
  • Level(s) of study: Undergraduate
  • Study mode(s): Full-time / Sandwich
  • Location: City Campus
  • Starting: September 2018
  • Course duration: 3 / 4 year(s)
  • Entry requirements: More information

The world's recent turbulent economic times have demonstrated that a new, deeper understanding of this subject is needed. Our Business Management and Economics course will provide you with an introduction to economic theory within a business and management context.

This course will train you to become an economist right from day one. You will develop your knowledge on the ideas and methods used by economists to support successful business and management.

The approach to engaging with the business world will give you a distinctive perspective on decision making, a skill that is in demand by many employers. All students will take part in a business simulation task, imitating the experience of running a business with a group of fellow students.

During your second year you have a variety of unique opportunities to get involved in such as studying abroad, enterprise project, internship or simply continue with your studies. The course can be studied over three years full-time or four years with a placement.

Today’s businesses are more competitive than ever and are constantly looking for new ideas to keep them ahead of their rivals. Our Business Management Joint Honour degrees are perfect to hone your business skills and having the flexibility to specialise in areas of interest.

Accredited by:

What you'll study

We are currently reviewing the content of our courses to ensure that they remain relevant and current to our students’ future ambitions and society. Please continue to check this course webpage for the latest developments.

The course begins in September. Take a look at the academic calendar for term dates. The academic calendar will apply throughout your course, aside your placement year (if you have chosen to undertake one).

  • Year One

    Accounting and Finance for Managers

    Through this module you will develop the skills and competencies needed to make effective use of accounting information, especially for control and decision making purposes.

    You will explore how business organisations are financed and the constraints and limitations that financing imposes on them. You will also learn about the calculation of accounting profit and its importance to an organisation. You will develop skills that will allow you to identify relevant cash inflows and outflows of a proposed business project, and learn about utilising the techniques of break-even analysis in project decision making. The importance and use of budgeting for forward-planning, communication, coordination and control within an organisation will be covered, as well as the importance of cash and liquidity within an organisation and the construction of cash and working capital budgets. You will learn how to use cash and working capital management models and techniques and how to construct financial statements.

    Other areas covered in this vast module include financial appraisal of long term capital investment proposals and valuation of company shares.

    Economics for Business and Management

    This module will introduce you to a range of skills, methods and knowledge that are applied by professional economists. It will enable you to offer a distinctive contribution to business and management decisions involving the deployment of globally scarce resources. The module will enable you to demonstrate a range of applications of economic ideas, principles and techniques, and to identify resource consequences of business and managerial decisions in a national and international context.

    Foundations of Managing and Organising

    Both work and management are carried out by people, the human resources of the organisation. The focus of this module is on the management of work in organisations, and will provide you with a holistic understanding from the viewpoint of both the worker and management. You will be introduced to key applications, policies and practices that are involved in the management of human resources, and will analyse their underlying theoretical basis and the effects on the organisation and society in general.

    Principles of Marketing

    This module aims to provide students with a fundamental understanding of the basic tools and concepts of marketing. More specifically, you will be introduced to the core marketing functions and develop an understanding of the key concepts, frameworks and models encountered in marketing. You will also gain the knowledge and skills required to identify differing marketing orientations, in particular how organisations identify, understand and satisfy customers and develop the skills required to produce a blended marketing mix that will satisfy the needs of the target customer.

    Enterprise and Business Development

    This module combines business, enterprise with operations management theory in the context of organisations developing. Consideration is given to the ways in which enterprise skills are used to design, deliver and improve the services and products during business growth. The module is at the centre of many changes taking place in the business world today, these include changes in the preferences of customers for customised product, changes in global supply chains, use of Internet-based technologies and challenges of sustainability.

    Quantitative Methods for Business

    Whenever you buy something with a credit or debit card, use a loyalty card, connect with a retailer's app or visit their website you leave an electronic footprint that becomes part of the bank's or retailer's database. They use the data they accumulate from you and their other customers to take decisions about their products and services, and how they market them. This means that the ability to glean information from such data is a key management skill, one that employers and organisations like the Confederation of British Industry identify as vital to business success.

    This is why the role of the Quantitative Methods for Business module is an important part of the course. In taking this module you will learn how to use cutting edge software to analyse business data and how to interpret the results, thereby acquiring a valuable asset for building a successful career.

  • Year Two

    First half of Year Two – Core modules

    Economics of International Growth and Development

    This module aims to introduce you to a number of key global issues, in particular the global financial system, the rise of transnational corporations, environmental concerns and energy supply. In analysing these issues you will extend your knowledge of economics and study alternative economic paradigms.

    Throughout the module you will also focus on:

    • global institutions such as the International Monetary Fund, World Bank and the World Trade Organisation
    • the formulation of global economic policy.
    • the origins and evolution of contemporary international monetary system. Deregulation of international capital markets
    • national and financial interests in the global economy. ·
    • the post 2008 Global Crisis
    • the rise of transnational corporations
    • the economic and political implications of energy dependency.

    Intermediate Microeconomics

    During this module you will use economic theory to analyse the factors that underpin international trade. You will also examine international and regional (including EU) policies which influence trade and affect economic relations between trading partners. During the module you will be introduced to the theory of international trade; you will study trade patterns in the real world; you will examine political economic barriers and how world trade is policed. You will also cover direct foreign investment, exchange rates and whether globalisation and regionalisation is a complement or conflict.

    Intermediate Macroeconomics

    During this module you will explore the methods that are available for analysing relationships that involve business and related organisations with governments in their supporting, regulatory and interventionist roles. You will focus on a selection of particular issues and also topics as they arise from time to time to illustrate the general principles of the analysis. The module will support you in analysing the consequences of government policy that affect markets and businesses. It will also help you to use a reasoned analysis of decisions by organisations in response to government policy that affects markets. You will study the controversial links between organisations and government, as well as the economics of government support, regulation and intervention in private activity.

    Second half of Year Two

    You can either select one of our Unique Opportunities Initiatives or continue with your taught modules listed below:

    Core modules:

    Marketing Management

    This module explores the role of marketing management and its interaction with other business functions. You will study marketing management concepts that are used during the development of sound marketing strategies, and will develop effective group and personal skills that are valued highly by organisational employers. You will learn about the application of marketing tools to different contexts, as well as segmentation, targeting and positioning. Other subjects covered include integrated marketing communications, social and ethical implications of marketing and marketing in context (including services, business, and international).

    Managing and Organising

    ‘Managing and Organising’ aims to develop an understanding of the human aspects of managing and organising work. It draws upon ideas from disciplines such as work psychology, organisational sociology and human resource management to provide insights into possibilities for managing and organising work.

    The module considers the nature of the changing context of managing and organising and examines the central issues and contemporary concerns that this presents for HR. Throughout the module you will be encouraged to develop a critical perspective which encompasses views from both those managing and those managed, as well as a consideration of the wider impact of choices taken in regards to managing and organising work activities.

    Whilst exploring classic studies in managing and organising, these ideas will also be examined in the context of the contemporary changing international workplace. The module is relevant to a broad range of careers given that HR issues are a concern for all.

    Plus one optional module from:

    Survey Research and Analysis

    This module draws on conceptual material in the area of Survey Methods widely used in business and the application of analytic methods to the data generated. One of the primary focuses of this module is to help you understand how to plan and conduct surveys but also interpret the results within the appropriate business context. With the aid of appropriate professional statistical software you will be encouraged to apply statistical methods of analysis to data.

    The module is designed to allow you the opportunity to analyse and interpret “real data” from various areas of the business world. In studying this module you will develop your knowledge and skills in conducting survey research within business. You will be given the opportunity to plan and execute a survey; design and implement a survey instrument; analyse survey results using applications software; and interpret and communicate analytical findings.

    Exploring Strategy and Innovation

    This module provides an understanding of business development and strategy with particular reference to processes of strategic management, innovation and business development in the global context. It will develop your understanding of competitive advantage and introduce you to key concepts in strategy, organisational change and development, all drawn from different cultural contexts. You will examine the nature of innovation, and the process involved in bringing it about. This module also seeks to demonstrate how innovation can provide competitive advantage for business firms operating in local, national and international environments.

    Over the course of the module you will: ·

    • study profitability and the nature and purpose of corporate and competitive strategy in a global context
    • explore corporate direction, goals, mission and vision
    • analyse the business environment, methods and techniques of analysis and its relevance to competitor and customer development
    • explore the nature of technological change and its links to innovation
    • classify innovation and innovative activity
    • analyse the process of innovation and different perspectives on the process.
  • Year Three

    Placement Year

    A vital component of our degree courses is the placement year. This time spent working in business provides our students with crucial work experience, which is highly prized and much sought after by employers upon graduation. We have links with a wide range of sectors, firms and organisations that offer student placements. If you have decided to undertake a placement year then this will last for a minimum of 48 weeks during your third year.

    Our Employability Team is here to inspire and enhance every stage of your career planning and as a graduate of NTU, you will be able to access their services for three years after your course has finished.

    Services they provide include:

    • finding placements, internships and part-time work
    • pursuing self-employment
    • taking gap years and time out
    • getting into volunteering
    • providing advice on further study.

    Or

    Taught modules

    If you have decided to continue with your studies please view the 'final year' tab for your list of modules.

  • Final year

    Research Project

    For this module you will undertake a purposeful, individual, in depth study of a relevant topic, developing your independent learning, critical thinking and knowledge of research techniques relevant to your subject area. The project will develop your ability to manage a major piece of work, for which you will be completely responsible, and will be completed over a period of several months. You will learn to utilise and improve your time management and communication skills, as well as test your initiative and resourcefulness. To support your development during this module you will study essential skills such as critical thinking, conducting a literature review, understanding the appropriate research framework, practical research methods and skills, report and academic writing skills.

    Leadership and Employability

    This module will help prepare you for future employment, by further developing your career-related and transferable skills. During the module you will critically reflect on your time at University, and develop your knowledge and understanding of leadership, as well as your consultancy and project management skills. You will also develop an understanding of how effective strategic leadership can influence organisational behaviour, strategic management and financial decision-making.

    Your lectures and seminars will be delivered by specialist tutors and guests, focusing on themes such as international accounting and finance, professional practice, public service finance, strategic leadership, entrepreneurship, sustainability and ethical issues, and career management skills, including effective job search strategies, realising your full potential via ‘personal branding’ and management of your online presence and requirements and qualifications for the various accounting and finance professional bodies. In addition to attending traditional lectures and seminars, you will also select career related and transferable skills workshops and events that match your needs, and guest lectures from business and industry.

    Industry Corporations and Governance

    This module has three key focuses, the role of government within an economy, industry-level analysis, and on the individual firm and the workers it employs. The key themes you will study include firm strategies, growth, pricing, innovation, advertising, managerial-labour relations, and the implications of these factors for the firms themselves, their employees, and policy-makers. Through this module you will learn to use economic techniques to analyse the workings of industries and firms, in their market context. You will also explore a range of alternative economic theories of the behaviour of firms, and their employees and analyse government policies towards industries and firms.

    Investment Portfolio Management

    Alongside examining the appropriate theory, this module will give you the opportunity to put theory into practice through the construction and running of a portfolio of equities. During the module you will examine the relevance of modern finance theory to the analysis and evaluation of market-traded securities. You will also analyse how securities can be structured in portfolios and how portfolios can be managed, and compare theory with practice relating to security analysis and portfolio structuring and management. The subject areas you will cover include economic and industrial analysis (UK orientated), market efficiency and sources of financial information, security valuation and analysis, key ratio analysis, financial statement analysis, selection and analysis of stocks and shares, and portfolio theory, selection, analysis and management.

    Economics of International Trade

    During this module you will examine the common problems confronting the developing world and suggested solutions. By examining examples and case studies from around the world you will cover vital subjects such as theories of economic growth, economic inequality, poverty and malnutrition, population growth, trade policy and the markets for factors (land, labour, and credit) and output.

    Plus one optional module from:

    Corporate Governance and Risk Management

    During this module you will study current recommendations and developments in the field of corporate governance both in the UK and in a selection of overseas countries. The module aims to highlight the importance of control and risk management when implementing strong governance measures, and will evaluate the ethical and moral dilemmas faced by those entrusted with these responsibilities. You will also learn to determine and evaluate measures of fraud identification, prevention and investigation.

    Managing Creativity, Design and Innovation

    The development of successful products and services involves complex processes and is dependent on how well the research, design and innovation activities are integrated with other functions in the organisation. This module will develop your understanding of the relationships between creativity, design and innovation, and explore and debate a range of perspectives concerning their nature. You will contemplate some of the issues facing organisations trying to harness the potential from their creative resources and be encouraged to develop your own creative skills. Over the course of the module, you will study a range of topics including perspectives on creativity, design and innovation, the nature and scope of innovation; origins of creativity; approaches to creativity theory; creativity and innovation as complex processes; innovation process models; design and development in a product and service context and building and sustaining a culture focused on creativity and innovation.

    Data Mining and Financial Data Analysis

    Research shows that data mining, that is, finding patterns among large amounts of data, might be the secret behind corporate success, especially in the business world. As computers have proliferated, most businesses now routinely collect large volumes of data about their customers and their transactions. Telecommunications companies and credit card issuers, for example, track phone calls and transactions by millions of customers. Data mining uses sophisticated models drawn from fields ranging from statistics, computer science, and artificial intelligence to explore through billions of bits of data for small pieces of information. Ultimately, that information can translate into knowledge and insights about customers and markets and make the difference.

    The main themes covered in this module are:

    • an overview of data mining and financial data analysis techniques
    • identification of appropriate analysis techniques and data requirements
    • predictive and data mining/analysis techniques for competitive advantage.

Nottingham Business School joins world's top 5% with global AACSB accreditation

How you’re taught

On average you will receive minimum 12 – 15 hours of teaching per week from a combination of lectures and seminars. You'll then be expected to increase your understanding of the subject area through independent study for each module.

We use a mixture of teaching methods including traditional lectures and seminars, IT workshops, guest lectures, problem-based learning and group discussions. In addition to this you will also be involved in a variety of practical work such as individual and group presentations, student-led seminars, role play, industry-sponsored competitions and project work.

These are included to help you develop a range of practical skills such as time management, effective presentation, communication, customer focus, analytical, entrepreneurial and team working. All students will attend lectures and seminars at NTU’s City Campus, in the impressive Newton Building, home to Nottingham Business School.

You will also have a number of one-on-one tutor sessions during each year, which will allow you to:

  • discuss your personal and professional development
  • discuss and gain feedback about your work
  • ask questions about the projects you're working on
  • raise any difficulties you are experiencing relating to your work, personal circumstances or your University experience.

You'll also use our virtual learning environment, NOW, which is a flexible web-based system that gives you 24-hour access to module learning materials and reading lists. It allows you to discuss work with tutors and submit coursework electronically from anywhere in the world.

Assessment methods

Full time version of the course (3 years)

  • Year 1 coursework (28%), written (65%) and practical (7%).
  • Year 2 coursework (13%), written (80%) and practical (7%).
  • Year 3 coursework (55%) and written (45%).

Sandwich version of the course (4 Years)

  • Year 1 coursework (28%), written (65%) and practical (7%).
  • Year 2 coursework (13%), written (80%) and practical (7%).
  • Year 3 placement (100%).
  • Year 4 coursework (55%) and written (45%).

Contact hours

A full-time student on average can expect to spend 1200 hours a year learning which will typically be broken down as follows:

Full time version of the course (3 years)

  • Year 1 lectures/seminars/workshops (27%) and independent study (73%).
  • Year 2 lectures/seminars/workshops (26%) and independent study (74%).
  • Year 3 lectures/seminars/workshops (23%) and independent study (77%).

Sandwich version of the course (4 Years)

  • Year 1 lectures/seminars/workshops (27%) and independent study (73%) .
  • Year 2 lectures/seminars/workshops (26%) and independent study (74%).
  • Year 3 placement (100%).
  • Year 4 lectures/seminars/workshops (23%) and independent study (77%).

Careers and employability

93% of our undergraduates were in employment, or further study, just six months after graduating from NTU (DLHE 2015/16)

Graduates from this course have gone onto working in both public and private sector, undertaking positions such as:

  • account manager
  • accounts assistant
  • analyst
  • business development executive
  • consultant.

In the last few years, graduates from this course have gone onto securing roles with well know employers such as:

  • Deutsche Bank
  • Nomura
  • Lindt & Sprungli UK
  • Bank of America
  • IRS Direct

Accreditation

Our BA (Hons) Business Management Joint Honour courses and BA (Hons) Business course have a Dual Award status with the Chartered Management Institute (CMI). In addition to your degree you will also gain a CMI qualification.

Fifth in the UK for number of students studying Business (sandwich / four years part-time) (HESA 2015/16)

Sixth in the UK for the number of students on year-long placements studying Business (HESA 2015/16)

Entry requirements

You will need one of the following:

  • A-levels – BBC, excluding General Studies; or
  • BTEC Extended Diploma – DMM; or
  • 112 UCAS Tariff points from three A-levels or equivalent qualifications, excluding General Studies; and
  • GCSEs – English and Maths grade C / 4.

We will consider equivalent qualifications and combinations, please see our website or UCAS course search for details.

The UCAS Tariff

We’ve created this calculator to help you work out how many UCAS points your qualifications relate to.

Getting in touch

If you need any more help or information, please email our Admissions Team or call on +44 (0)115 848 4200.

International qualifications

We accept qualifications from schools, colleges and universities all over the world for entry onto our UG and PG degrees. If you’re not sure how your international qualification matches our course requirements please visit our international qualifications page.

Pre-Masters and foundation courses

If you need to do a foundation or pre-Masters course to meet our course requirements please visit Nottingham Trent International College (NTIC). If you are already studying in the UK at a school or college and would like to know if we can accept your qualification please visit our foundation and pre-Masters courses page.

English language entry requirements

If English is not your first language you need to show us that your language skills are strong enough for intensive academic study. We usually ask for an IELTS test and we accept some alternative English Language tests.

Help and support

If you have any questions about your qualifications or about making an application to the University please contact our International Team for advice.

University preparation courses

If you do not meet the entry requirements you may be interested in our pre-Masters / Foundation courses at Nottingham Trent International College (NTIC) which leads onto this postgraduate / undergraduate degree if successfully completed. NTIC students are based on the City Campus and have access to all the University facilities.

Find out more about the university preparation courses at NTIC.

How to apply

Ready to join us? Then apply as soon as you can. Just click the Apply button at the top of the page and follow the instructions for applying. Make sure you check the entry requirements above carefully before you do.

Writing your application and personal statement

Be honest, thorough and persuasive in your application. Remember, we can only make a decision based on what you tell us. So include all of your qualifications and grades, including resits or predicted grades.

Your personal statement is a really important part of your application. It’s your chance to convince us why we should offer you a place! You’ve got 4,000 characters to impress us. Make sure you use them to show how your skills and qualities are relevant to the course(s) you’re applying for. For more hints and tips, take a look at our page on how to write a good personal statement.

Keeping up-to-date

After you’ve applied, we’ll be sending you important emails throughout the application process so check your emails regularly, including your junk mail folder.

You can get more information and advice about applying to NTU on our Your Application page. Good luck with your application!

Getting in touch

If you need any more help or information, please email our Admissions Team or call on +44 (0)115 848 4200.

Please read our notes on the University's commitment to delivering the educational services advertised.

You can apply directly to the University for an Undergraduate Course if you’re not applying to any other UK university in the same year. If you are applying to more than one UK University you must apply through UCAS.

Apply as early as you can so that you have time to prepare for your studies. If you need a visa to study here you need to plan this into your application.

Apply now (UCAS)

Keeping up-to-date

After you’ve applied, we’ll be sending you important emails throughout the application process so check your emails regularly, including your junk mail folder.

Good luck with your application!

Please read our notes on the University's commitment to delivering the educational services advertised.

Further information on how to apply

Need help with your application?
For admissions related enquiries please contact us:
Telephone: +44 (0)115 848 4200

Fees and funding

Preparing for the financial side of student life is important, but there’s no need to feel anxious and confused about it. We hope that our fees and funding pages will answer all your questions.

Getting in touch

For more advice and guidance, you can contact our Student Financial Support Service.

Tel: +44 (0)115 848 2494

While we aim to keep any extra study costs to a minimum, please see our page on additional costs and optional extras to find out about any additional expenses you may incur on your course.

International fees and scholarships

For international and EU fees for all courses together with advice on how to pay, please visit our international fees information.

We offer prestigious scholarships to our international students holding offers to study here. For details and an application form please visit our international scholarships information.

While we aim to keep any extra study costs to a minimum, please see our page on additional costs and optional extras to find out about any additional expenses you may incur on your course.

Still need help?

Nottingham Business School
+44 (0)115 848 4460