Open University Worldwide OU Worldwide and The Open University Business School work in partnership with institutions to offer business school courses internationally, including: the Prof
Trang 1Business School Prospectus
2012/2013
Undergraduate and Postgraduate study
Trang 2other way of learning
Welcome to The Open University (OU), the UK’s largest university with over 250,000 students and the world’s leading provider of
high quality, flexible learning.
Achieve your ambitions
We help ordinary people achieve extraordinary things, so if you want to improve your prospects through getting a qualification then we’ll support you every step of the way And if you have a disability or additional requirements you will find a range of support services designed with you in mind
Whatever your ambitions, make this the year you start to achieve them
We make learning affordable
Investing in your own future may be one of the best decisions you’ll ever make,
but finding ways to pay tuition fees can be a challenge That’s why we ensure that you have as many options as possible to pay for your study, including access to
government-backed finance schemes and fee support, as well as our own student budget account, OUSBA You can even use OU gift vouchers towards the cost of study
We’re more local than you think
Not only are we the UK’s largest university, but with an exceptional UK network of
7000 tutors, 350 tutorial venues and 13 national and regional centres, we’re more local than you may think If you’d like to speak with us in person, why not attend one of our regional events; these can be found at www.opennearyou.co.uk
Students love studying with us
That’s why they keep rating us so highly in the National Student Survey and their support has put us in the top three UK universities for student satisfaction since the survey began in 2005
The OU made me realise what I can achieve During my five years of studying I’ve been promoted three times and have become a really confident person
Gerry McMurtrie, OU student
Trang 3Why choose The Open University
Business School? 2
The business school that knows no boundaries 2
Corporate and employee development 4
Stage 1 undergraduate modules 27
Your guide to postgraduate qualifications 33
Systems thinking in practice 38
Marketing 60
Recruitment 62Strategic management 63
Becoming an Open University Business School student 64
Studying with The Open University Business School 64
If you have a disability or additional requirements 68
European contact points for advice and registration 70The Open University Business School international
Ordering other prospectuses 73 Contact points for advice
and registration Back cover
Open access: other ways to read this publication
You may find it easier to access information from our website at
www.open.ac.uk/study.
If you would like this publication electronically, please call +44 (0)845 300 60 90
Trang 4Why choose The Open University
Business School?
The inspiring thing about studying with The Open University Business School
is not just what you learn but how you learn We’ve taken flexible learning to a
whole new level We’ll connect you with the things that inspire you, wherever you are and wherever you’ve come from.
The business school that
knows no boundaries
Our strong record of success over more than two decades
has led to The Open University Business School becoming
one of the world’s most prestigious centres of learning
A world of change
The business world is fast paced and ever changing
The expansion of globalisation, advances in technology
and the constant introduction of new rules and regulations
mean we are continually extending our thinking and revising
our teaching
By regularly updating our programmes we ensure you will
be equipped with the essential skills and knowledge that you
need to place you at the forefront of international business
and management practice
International reach
We are one of Europe’s largest business schools and the world’s leading exponent of practice-based learning Over 25 years we have grown in size and stature to become
a true global presence, and we enjoy universal recognition
as international experts in management education
Together with our partners we deliver programmes across Europe, Africa and Asia Open University Worldwide (OU Worldwide) and The Open University Business School work in partnership with institutions to offer business school courses internationally, including: the Professional Certificate
in Management; the Professional Certificate in Accounting; the BA (Hons) Business Studies; the BA (Hons) Leadership and Management; and the Master of Business
Administration (MBA) OU Worldwide currently manages partnerships for more than 40,000 students studying with
15 partners in more than 23 countries For further information, click www.ouworldwide.com
Trang 5
Our accreditation is your assurance
of quality
The Open University Business School is one of a select
group of schools worldwide accredited by the leading
international accrediting bodies for business schools, based
on the high quality of its programmes and teaching
The high quality of our programmes and teaching, which
are fed by our research output, is recognised by all three of
the world’s leading business and management education
accreditation bodies; AACSB, EFMD and AMBA
Association to Advance Collegiate Schools
of Business (AACSB)
We were the first exclusively flexible learning school to be
awarded international accreditation by the AACSB
The Association only grants this award to business schools
meeting the wide-ranging quality standards valued by
business and academic communities These include Harvard
University, London Business School, Dartmouth College and
Stanford University Among our strengths highlighted by the
AACSB are:
• our effective use of excellent flexible learning and
practice-based learning methods
• the support, enthusiasm and involvement of our alumni
• an ‘exemplary’ approach to the ‘team concept of
curriculum development and its total stakeholder
involvement’
• the commitment of our tutors, whom we refer to as
Associate Lecturers to reflect their importance within
our structure
European Foundation for Management
Development (EFMD)
European Quality Improvement System (EQUIS)
We hold the prestigious EQUIS kitemark of the EFMD,
Europe’s forum for information, research, networking and
best practice in management development
EQUIS sets the international standard for the auditing and
accreditation of higher-education institutions in management
and business administration Other holders include HEC
School of Management Paris, IESE Business School and
Judge Business School, Cambridge
The Association of MBAs (AMBA)
Independent accreditation by AMBA gives our MBA
programmes real credibility in the international job market
The Association is unique in representing the interests of
MBA students and graduates, leading business schools and
MBA employers Other holders include Henley Management
College, Cranfield School of Management and London
FACT: 90,560 qualifications have been awarded
since we began In 2011 we reached around 22,300 MBAs
Further recognition
Our Professional Certificate in Accounting has been awarded exemptions from ACCA and CIMA and successful students will be eligible for IAB membership
The Higher Education Funding Council for England (HEFCE) rates us ‘excellent’ for teaching and support systems
The Open University is accredited by the Middle States Commission on Higher Education (MSCHE), a recognised body in promoting and ensuring quality assurance in America and abroad MSCHE accreditation enables Open University students to transfer easily to a US qualification and to have their qualification recognised by US employers
FACT: We are the UK’s largest university with over 250,000 students and thanks to their
votes we’ve ranked in the top three of UK universities for student satisfaction every year since the National Student Survey began in 2005
The Open University School of Law
The Open University Business School is also home to The Open University School of Law, offering amongst its programmes an LLB (Hons) – a Qualifying Law Degree in England and Wales, in collaboration with The College of Law.Click www.open.ac.uk/study-law to discover more
about our law programmes and qualifications You can request a Law Prospectus from the website or by calling
+44 (0)845 366 6035
Trang 6Our strength in research
World-class research ensures that our courses are
innovative and relevant
Research is a key part of The Open University Business
School It contributes to our courses, ensuring that they are
always fresh, innovative and relevant Recognised as world
class, our research is widely sought after, and our academics
are in demand, by a range of organisations These links
provide further opportunities to ensure we stay up to date
with new developments and leading edge thinking
We regularly undertake collaborative research with
international partners, both in other universities and in public,
private and third sector organisations around the world
Again, this ensures our courses reflect and incorporate the
global nature of today’s business environment
Our research is based around three themes:
• Socially responsible management and regulation
• Knowledge, innovation and entrepreneurship
• International management practice, education and
learning (IMPEL)
These themes include traditional business disciplines such
as strategy, finance and human resource management, and
newer areas such as social marketing, social enterprise and
management learning
Sharing our research
Our research is published widely – in books, leading
academic journals, at conferences and online and of course,
are included in our course materials
Academics from the School also regularly write for
leading newspapers and appear on radio and television
As part of the OU’s partnership with the BBC, academics
from the School are regularly involved as series consultants
and academic advisors for OU/BBC co-productions
This has included The Foods that Make Billions, the
award-winning The Virtual Revolution and three series
per year of The Bottom Line radio programme.
Increasingly academics are using new media to make
their research available to new audiences The School plays
a very active part in iTunes U, and in the three years since
it was launched, has been involved in over 150 tracks
The OU’s employee development courses draw on real business practice so that new skills and knowledge can
be immediately applied to the workplace, and OU learning facilitators are practising experts in their respective fields
OU learning also offers minimal work disruption as there’s
no need to release staff for full-time study and it is ideal for employees who travel or who work across different locations
FACT: Employers recognise the value of OU study – 75 per cent of FTSE 100 companies have
sponsored staff on our courses
Account management For clients sponsoring significant groups of employees
on our standard or customised training courses, we provide full account management services, including a password-protected Sponsor area on our Employers portal, www.open.ac.uk/employers
Every workplace has its own blend of opportunities, business-critical issues and competitive challenges We need
to understand your organisation before we can advise how employee development can help to improve it So we always listen to your needs before recommending learning solutions
A corporate development manager (CDM) is dedicated to any organisation sponsoring professional development for groups of employees
Our CDMs are an action-oriented, needs-responsive team who will:
• provide a readily accessible, single interface with the OU
• be aware of the tensions within your organisational context (for example, stakeholder and multiple funding issues in public and not-for-profit sectors)
• explore your employee development needs with you
• advise and match your requirements to OU capabilities and provision
• enable organisations to identify how they can gain added value and benefit from our professional development programmes
Trang 7• use our extensive experience of working successfully with
similar organisations to ensure that your needs are met
• bring in other partners, as appropriate, to provide you
with the right expertise and solutions
What are the benefits of OU learning
and development?
• Our flexible programmes suit groups of learners, often
geographically dispersed, who cannot or do not want
to be away from the workplace That’s the virtue of
being an international university specialising in
practice-based learning Our approach enables consistency of
management and professional standards across locations
while minimising work disruption
• As well as minimising disruption, we maximise performance
improvement By utilising work experience and
encouraging project work wherever appropriate,
we embed development directly into workplace practice
This form of learning and development usually proves far
more relevant, cost-effective and long lasting than sending
staff on short courses
• Because our style of flexible learning knows no
geographical boundaries, it can also considerably reduce
your carbon footprint
• We can create learning and development solutions for you
from a full range of course types and delivery methods:
from flexible online business skills courses to demanding
management development modules in our triple accredited
MBA; from high quality printed workbooks to interactive
course websites; from personal tutoring by a sector
specialist to on- or off-site workshops
• There’s also a host of added value services which
smaller providers will not be able to equal Such as a
Learning Evaluation and Development Service; academic
accreditation for your in-house courses or academic
validation of your own qualifications; and access to our
vast, accessible online library service
Devising the right solution
Working in partnership with you, The Open University can
deliver programmes and courses which develop those
special skills that will help achieve your corporate objectives
By carefully selecting or customising courses, we can
improve the functional performance and career horizons of:
• junior or aspiring managers
• middle to senior managers who want to build leadership
and other capabilities
• technical experts moving into management
• employees seeking to improve their professional skills
Get in touch
If you’d like to discuss how we can help you update or hone management skills in your organisation, please contact our Corporate Development Team:
Call +44 (0)845 366 6053Email do-business@open.ac.uk
Your experience as
a student
A totally different way of learning
We are the world’s leading provider of high quality, flexible learning What sets us apart from other universities is that we’re not campus based You can study in a flexible way that works for you whether you’re at home, at work or on the move Our innovative teaching methods and study materials bring your course to life in many different ways – just imagine learning about your favourite subject through podcasts, downloads and DVDs as well as course books We’ll challenge you, inspire you, stretch your understanding and make you question ideas that you’ve always taken for granted – it’s truly world-class learning
FACT: About 70 per cent of OU students work while they study.
Our doors are open to everyone
If you think you’ve got what it takes to study with us, then so
do we In fact, over 40 per cent of new OU undergraduate students in the UK don’t have the formal qualifications they’d need to go through a traditional university application process There’s no doubt that studying with the OU takes hard work and dedication so you do need determination and commitment
You’re never on your ownAlthough you work in your own environment, you’ll never be
on your own You’ll have the opportunity to meet your fellow students in tutorials and online forums, and through OUSA (our student association) And there are growing informal networks and peer support groups on Facebook, LinkedIn
and our own networking portal, Platform You’ll be joining the
OU’s learning community – the largest in the world!
Support throughout your studies
As an OU student you’ll enjoy full support throughout your studies – your tutor will guide and advise you, offer detailed feedback on your assignments, and help with any study
Trang 8Dr Venkatesha
Murthy,
OU student
I’ve thoroughly enjoyed becoming a student again I found the online aspect really good for helping and learning from other students, and I always eagerly awaited each new podcast
Top-class teaching
The quality of programmes from The Open University
Business School is world renowned Most of our tutors are
practising business professionals with strong academic
backgrounds As such, they bring a wealth of expertise to
your learning experience
You’ll examine tried and tested theories and applications,
and enjoy challenging activities that stimulate your intellect
You’ll acquire new skills and competencies that will help
make you more confident in your performance and dealings
with work colleagues
You’ll also be fully equipped to meet the management and
leadership challenges faced in today’s dynamic socially and
environmentally responsible organisations
Our teaching programmes are studied by thousands of
managers across Europe and beyond From day one you
can apply what you learn to your day-to-day professional life,
whatever your location
FACT: We have over 50,000 alumni worldwide and over 800 tutors working internationally.
Choice and flexibility
As the UK’s largest university, we offer a wide choice of
qualifications in a broad range of subjects
Our flexible study means that you can vary the pace of
study if life gets in the way of learning For example, you can
complete most honours degrees in as little as three years or
spread your study over a maximum of 16 years
Penny Meiers,
OU student
I would recommend The Open University
to anyone because it’s so flexible and you can go at your own pace
Value for money
We make sure great learning is also great value, so our tuition fees don’t just cover high quality education; they also include our study materials, support from study and careers advisers as well as access to free online resources and community forums.Studying with us costs less than studying with most UK campus-based universities, especially as you won’t need
to move away, or incur extra expenses for accommodation and travel And because you have the flexibility to carry on working, you can earn while you learn
FACT: Your family and friends can support your study by buying OU gift vouchers for
special occasions To buy or redeem vouchers, click
www.openuniversity.co.uk/vouchers.
Financial support
If you live in England and you’re studying for an undergraduate qualification that’s higher than any you already have, you may be eligible for a government-backed loan, which means you won’t have to pay your tuition fees upfront Alternatively, if you’re on a low annual household income, you may qualify for entry on to the Access to Success Route – our unique access provision designed for people who would benefit from the opportunity to develop their confidence and study skills before committing to a loan
If you live in Northern Ireland, Scotland, or Wales, depending
on your current circumstances, even if you’re in employment, you could be eligible for financial support to help pay towards your undergraduate tuition fees, study costs and other expenses
To find out more about what support is available where you live at undergraduate or postgraduate level, see page 64 or click www.open.ac.uk/financialsupport
Support for students with a disability
or additional requirements
Our expertise in flexible learning, combined with a wide range of multimedia materials and personal support, means that we offer a much more accessible system than traditional forms of study What’s more, depending on where you live, you may be eligible for extra help with study and travel costs For more information, see page 68 or click www.open.ac.uk/disability
Trang 9Steve McNeice,
OU student
When you first apply to the OU, on the form there’s a box to tick if you’re disabled
I hesitated but when I did tick it the OU machine just kicked in I received
a grant for a special headset and some other equipment I didn’t realise was available to aid my studies
FACT: Around 13,500 of our students have a disability or additional requirement.
Help for carers
We support lots of students who are looking after people for a
variety of reasons, in a variety of circumstances If you have
caring responsibilities and are thinking about studying with
us, click www.open.ac.uk/studying-while-you-care to find out
about the support we can offer you
World-class library
As an OU student you’ll have free access to the OU library
(www.open.ac.uk/library) where information is available to
you via the internet, rather than you having to visit in person
This means you can access thousands of online ejournals,
ebooks, databases and multimedia resources 24 hours a
day, seven days a week, whenever you need it and wherever
you are You can also visit the library at our Milton Keynes
campus if you’re close enough
I have been studying with the OU
for five years and have now finished
One of the things I will miss the most is
the fantastic library offered by the OU!
Joanna Regan, OU student
Free online resources
Try over 600 free online taster modules from the OU at
www.open.edu/openlearn Available from introductory to
postgraduate level, each takes between one and 50 hours
to study You’ll be able to:
• search for subjects that interest you
• complete activities to assess your progress and compare
your thoughts with sample answers
Although it is free to use the site, it will still be necessary
to apply separately to the OU if you wish to study a bearing module with formal assessment See also Studying modules as standalone courses on page 13.
credit-FACT: We’re one of the first universities to offer free downloadable study materials via iTunes U
In fact, we were the first university to hit 40 million downloaded tracks For more information, click
www.open.edu/itunes.
Vibrant online community
Platform, our social media website (www.open.ac.uk/platform), gives you the chance to get a flavour of OU life before you sign
up for a course You will find expert comments on issues of the day as well as having the opportunity to meet and chat to the
The Open University Business School Alumni Association
On obtaining a qualification you’ll automatically become
a member of The Open University Business School Alumni Association
This active association offers updating and professional and personal development activities as well as regional events and workshops Additional benefits include a dedicated website www.open.ac.uk/oubs-alumni, monthly enewsletter, discounted memberships to professional organisations and discounts for further study
Email oubs-alumni@open.ac.uk for further information
FACT: Our alumni include: Bart Knols, AMBA student of the year 2007; Air Chief Marshal
Sir Brian Burridge; Paul Mylrea, Head of Press and Media Relations, BBC; and Maggie Miller CIO, Warner Group Music
Trang 10Your career
Your route to skills development and career enhancement.
Career opportunitiesCareer opportunities are wide-ranging and precise entry points will depend on the qualification you have gained and also the previous experience and skills you have
A qualification in business and management can lead to opportunities in areas such as:
• middle and senior management positions across all sectors
• advertising and marketing
• accountancy
• human resources
• banking, including investment banking
• sales and retail
• management consultancy
• business journalism
• transport and logistics
Employers are keen to utilise the commercial awareness and leadership skills that business and management graduates offer as increasing globalisation and changes in technology, communications, financial services and distribution of goods and services open up new opportunities in management and business
Over 60 per cent of graduate-level jobs are open to graduates of any discipline Given the current economic climate and the increased competition for graduate jobs, it is important to consider a variety of occupational areas Bear in mind that many careers require further study, training and/or work experience beyond your degree
To find out more about career opportunities related to business and management, click www.open.ac.uk/careers/business-and-management.php Destination statistics
All UK graduates are invited to complete the Destinations
of Leavers Survey six months after they graduate Of those
OU business studies graduates who responded to the latest survey:
• 69 per cent had studied with the OU for career related reasons
• 93 per cent were working Only 2 per cent were assumed
to be unemployed – this compares favourably with the figure for unemployed business studies graduates from all UK universities at 9.7 per cent
• 29 per cent had continued into further study in a variety
of areas including business, finance, management, economics and teaching
Studying with The Open University Business School will
equip you with skills, knowledge and qualifications which will
improve your work performance and make a real difference
to your career prospects
Developing employability
Whatever your motivations for study, your goals and
career aspirations, you are entitled to supported personal
development planning either as an intrinsic part of your
programme of study or through signposted optional activities
We will provide information explaining how particular study
pathways can enhance employability and can develop your
skills Opportunities are provided for you to reflect upon
and articulate the skills that you have gained to communicate
your learning effectively to prospective employers You can
view the full OU Student Employability Policy at
www.open.ac.uk/employability
Your studies will help you develop a broad set of graduate
level abilities that appeal to prospective employers
For business and management students the particular
employability skills you will develop that are highly valued by
employers include the ability to:
• understand key business functions such as marketing,
human resources, information management, accounting
and finance, and operations in their wider organisational
and social context
• put together reasoned arguments and question assumptions
• draw together, analyse and critically evaluate information
• understand the nature of leadership skills and behaviours
within organisations
• communicate effectively, clearly and accurately with others
• use ICT to research, identify and present information
• manage time and take responsibility for your own
personal development
Specific learning outcomes that relate to degrees in
this subject area can be viewed on our website at
www.open.ac.uk/study-busman
Trang 11Postgraduate study
If you are considering taking a postgraduate qualification
and would like to find more information to help you
explore the reasons why people choose further study,
how employers view postgraduate qualifications and the
different types of postgraduate study to choose from, click
www.open.ac.uk/careers/further-study.php
Postgraduate study can develop valuable transferable skills
such as project management, research skills and critical
thinking and some qualifications may allow you to take a
more vocational/professional direction and add additional
skills to improve your employability in your target area
OU Careers Advisory Service
When you have registered as an OU student you will have
access to the full range of support offered by the Careers
Advisory Service
Our careers website www.open.ac.uk/careers provides
information on all aspects of career planning, from deciding
on the right career for you, to writing a CV and interview
techniques You can also read real stories from OU students
about the ways OU study changed or helped progress
their career
Our publication OU Study and Your Career looks at
reasons why people study with the OU, the value of OU
qualifications, the issues you may want to consider when
choosing your study route and how to explore your career
ideas You can request a copy from The Open University
Business School Information Line or view it on the Careers
Advisory Service website
Currently registered students or those who have studied
with the OU within the last three years are eligible for the
following services:
• Online forums – join topic or subject-based forums
where you can ask questions and receive replies from
a careers adviser and support from other OU students
• Careers consultation – contact and talk with
a careers adviser
• Employer Showcase – find out about employers
who are keen to recruit OU graduates
• Online vacancy service – find a job through our
Careers Advisory Service and Graduate Prospects.
Information about all the above services is available at
www.open.ac.uk/careers
Support for students outside the UK
Our Careers Advisory Service is predominantly UK and Ireland based, but if you are a student in Continental Europe
we can help in providing:
• sources of career information and guidance
• help to gain recognition of OU qualifications in European countries
• general information on career planning and job-seeking skills and strategies
Students based overseas and studying through our partner organisations should check with their host organisation what services are available to them
Combining work and study shows that Open University students are ambitious and have a strong work ethic They are
evidently keen to develop themselves and are managing to do this whilst juggling a busy work or home life, which is no mean feat The competencies which Open University students therefore develop during their degree become invaluable to us
Emma Beadle, Graduate Recruitment Manager for Unilever
Trang 12Undergraduate study
Certificates 24 Certificate in Professional Practice in
Delivering Public Services (S26) 24 Professional Certificate in Accounting (S25) 24 Professional Certificate in Management (S01) 24
Search
Your guide to undergraduate qualifications 11
Degrees 14
BA (Hons) Business Studies (Q70) 14
BA (Hons) Business Studies with specialisms (Q70) 15
BA or BSc (Hons) Computing & IT and a
BA (Hons) Leadership and Management (Q54) 20
Foundation degrees/Diplomas of higher education 21
Foundation Degree in Leadership and
Management (X06)/Diploma of Higher Education
in Leadership and Management (W06) 21
Foundation Degree in Business (X05)/Diploma of
Higher Education in Business (W05) 21
Foundation Degree in Financial Services (X10)/
Diploma of Higher Education in Financial Services (W10) 22
Foundation Degree in Retail Management (X14)/
Diploma of Higher Education in Retail
There’s more online
To find out more about a qualification that interests you and to register, go to www.open.ac.uk/undergraduate and enter the code into the search box
Q70
Trang 13Your guide to undergraduate
qualifications
Our flexible and supportive approach to education allows
you to study for a qualification with confidence whether it’s
a degree, diploma or certificate
What qualifications does the OU offer
in business and management
Degrees
An undergraduate or bachelors degree is a widely
recognised higher-education qualification that can help
you progress in your career While you are studying for
your degree you will learn about your chosen subject(s)
and develop your analytical, intellectual and writing skills
Degree-level study will demonstrate that you can understand
complex information, meet deadlines, work independently and
in a team, solve problems and communicate with confidence
We offer two different types of degree; a degree in
a named subject and our popular Open degree
A degree in a named subject
For a degree in a named subject, such as our BA (Hons)
Business Studies (Q70) (see page 14), you’ll study mainly
in your chosen subject, although you can usually include
some modules from other subjects too Almost all these
degrees are ‘honours degrees’ When you get a degree it is
‘graded’ into one of four classes: 1 (first – the highest level),
2.1 (upper second), 2.2 (lower second) or 3 (third)
An Open degree
Our most popular degree, awarded either with or without
honours, lets you build a qualification that is tailored to your
needs and interests So, for example, with this degree you
could study mainly business and management modules
and widen your scope by also studying modules from other
subjects that are of personal interest or that meet specific
These qualifications are designed and developed with
external partners, so you must be working either as a
paid employee or as a volunteer in a related work setting
Foundation degrees/Diplomas of higher education are highly
valued and could open up opportunities for you to gain
professional recognition And with further study, you could
convert your foundation degree/diploma of higher education
to a full honours degree
examinations from professional accounting bodies such
as ACCA and CIMA
We also offer the Professional Certificate in Management (S01) which allows experienced, practising managers, who haven’t got a bachelors degree, entry to Stage 1 of our MBA programme
Are there any entry requirements?
For most qualifications you don’t need any formal qualifications to study with us because we believe anyone who is keen to succeed should have the opportunity to study Our diagnostic activities and guidance will help you assess if you are ready to study with us
Computers and elearning
Using computers and the internet to enhance your study is an essential part of our study programmes In order to study with
us, you will need a computer and regular and reliable access
to the internet
English for learning
Our courses are taught in English, so you will be asked
if you are a competent user of English language to ensure that you are able to study at higher-education level If you’re not sure, help and guidance is available
Trang 14How do you work towards
a qualification?
At The Open University Business School, you can register
for a degree, a foundation degree, a diploma of higher
education, or a certificate
We measure the size of our qualifications in credits:
• An honours degree is 360 credits
• A foundation degree and a diploma of higher education are
each 240 credits
• A certificate is 60 or 70 credits
These qualifications are made up of either one, two or
three stages:
• An honours degree has three 120-credit stages
• A foundation degree and a diploma of higher education
each have two 120-credit stages
• A certificate has one 60- or 70-credit stage
Each stage is made up of a number of modules which cover
different parts of the subject Modules are also measured
in credits and are set at different ‘levels’ Levels give an
indication of a module’s relative complexity and/or depth
of learning Most modules are worth either 30 or 60 credits
and are set at Levels 1, 2 and 3 which roughly equates to
studying in the first, second and third year at a
In the example given above, each stage could consist of two
60-credit modules or one 60-credit module and two 30-credit
modules, or four 30-credit modules
Stage 1: when you begin
Before you register for your qualification, we will explain
to you the options that you have for Stage 1 In some qualifications, there’s no choice: you’ll study a series of compulsory modules In other qualifications you will be able to choose which modules you want to take to make
up the required number of credits in Stage 1
For full details of qualification start dates, visit www.open.ac.uk/undergraduate
Moving on to Stages 2 and 3
If you are aiming for a foundation degree or diploma
of higher education you move on to Stage 2, and
to achieve an honours degree, you’ll also need to complete Stage 3
How much time does it take?
Our qualifications are designed to be flexible So if you want
to vary the amount of time you spend studying from year to year, or even take a break for a while, you can
By informing us which qualification you are studying towards and how many credits you wish to study each year we will
be able to identify your study intensity which will indicate how long it is likely to take you to achieve your goal Almost all students will complete Stage 1 of their qualification in four years or less Most students can expect to take two years to complete it
The table below shows a summary of our undergraduate qualifications
Qualification Credits required at
each stage Total credits
required
Time required to complete1
Stage 1
Stage 2
Stage 3Degree with
honours
120 120 120 360 3–4 years
full-time study or 6 years part-time studyDegree
without honours
120 120 60 300 3 years
full-time study or
5 years time studyFoundation
part-degree/
Diploma
of higher education
120 120 – 240 2–3 years
full-time study or 4 years part-time study Certificate 60 or
Trang 15Counting previous study towards
an OU qualification
If you have completed some previous higher-education study
at another institution, you may be able to count it towards your
OU qualification We enable you to do this by awarding you
a certain amount of ‘transferred credit’ By transferring credit
gained from previous study, you can reduce the amount you
need from OU study to achieve your qualification If you want
to transfer credit, we recommend you investigate the option
as soon as possible, as transferred credit may affect your
choice of modules
To find out whether you are able to use any of your previous
study to count towards your qualification, please contact our
Credit Transfer Centre
If you have an NVQ, SVQ, CQFW or QCF vocational
qualification at Level 4 or above, you may be able to count
it towards an OU qualification (see above)
If you have an NVQ, SVQ, CQFW or QCF vocational
qualification at Levels 1, 2 or 3 you can still study with us, but
you won’t be able to count it towards an OU qualification
Academic credit in Europe
If you are looking to use your OU credit in Continental
Europe, you may be interested to know of the existence of the
European Credit Transfer System (ECTS) This is the system
commonly used in the EU for measuring study workload
Since the systems don’t compare like with like, and ECTS
doesn’t take account of academic level, direct comparisons
are difficult to make However, broadly, at any given level,
60 OU credits would be worth 30 ECTS points, and 30 OU
credits would be worth 15 ECTS points
If you have completed study that is recorded in ECTS points,
and you want to count this towards your OU qualifications
please contact the Credit Transfer Centre for advice
Studying modules as standalone courses
If you’re not yet ready to commit to registering for a
qualification you can still study with us Most of our
modules are available on a standalone basis and, for
each module you successfully complete, you’ll earn
credits that you could count towards an OU qualification
To find out more, visit www.open.ac.uk/study-modules
or request a copy of our Undergraduate Modules
Prospectus (see page 73).
A step-by-step guide to Stage 1
of a typical OU honours degree
Choose your qualification and tell us how many credits you would like to study in your first year Depending on the qualification, you could study 30, 60, 90 or 120 credits’ worth of modules in your first year Most OU students study an average of 60 credits a year
Consider your payment options – don’t forget to check the Fees and finance section on page 64
You may be eligible to apply for a loan or financial support to cover the cost of your fees
Study materials for your module (or modules) will be sent to you You’ll be online and have access
to a website where you can contact your tutor and
other students
You study at home, at work, or on the move
You may have face-to-face or online tutorials where you can meet other students
Submit your assignments when they’re due – your tutor will send you feedback
Some students organise informal study groups
to support each other
You may need to attend a day school or residential school, or take an online alternative
All your assignments are complete and it’s time to revise
Complete your end-of-module assessment(s)
or take your examination(s)
You’ve passed!
Depending on the qualification and your rate of study, you could take between one and four years to complete the required number of credits for Stage 1
of your qualification
Trang 16Undergraduate qualifications
Degrees
BA (Hons) Business Studies (Q70)
How do businesses develop strategies, handle risk and take
decisions? What’s involved in essential business functions
such as marketing, accounting and finance? This degree
provides an innovative and accessible introduction to
the world of business, and helps you relate your studies
directly to your own workplace You’ll investigate how
organisations think and work, how they’re managed, and
the external world in which they operate You’ll also gain a
general understanding of business organisations and their
key elements; wider considerations such as environments,
markets and processes; and how all these work together
Flexible options enable you to specialise within business
studies if you wish – for example, the BA (Hons) Business
Studies (Accounting) Or you can combine business studies
with another subject and study for a BA (Hons) Business
Studies with Economics, with Environment, with French, with
International Development, with Law or with Spanish
Career relevance and employability
The skills and knowledge you’ll develop by studying this
degree will equip you to follow a number of career paths,
and are recognised by employers as having great value
for work in management and business They can also lead
to opportunities in specialist areas concerned with offering
guidance to managers – such as management consultancy
or business journalism
The degree also contributes to career development by:
• developing your cognitive skills – critical thinking, analysis,
paraphrasing and evaluation
• improving ICT, numeracy, and presentation skills
• developing your understanding of the function and
contribution of specialisms like marketing, HR, operations
You’ll then study at least one of a choice of 30-credit options listed below You can also include up to 60 credits free choice from any Level 1 module
Stage 1 modules summary – 120 credits in total
30 credits from the following compulsory Level 1 module:
An introduction to business studies
+ at least 30 credits from the following optional Level 1 modules:
An introduction to retail management and marketing
Discovering mathematics MU123 30 28
Professional communication skills for business studies
Working and learning:
developing effective performance at work
You and your money:
personal finance in context
Next, you’ll choose from optional modules focusing on business, work-based learning, accounting and finance, and economics You’ll continue to develop your understanding of the principal theories, methods, models and approaches that can be deployed in these subject areas
Stage 3 (120 credits)
You’ll start this stage by exploring the origins and development of strategy – investigating how organisations and individuals try to interpret and exploit opportunities and strive for success
Your final modules will be drawn from a broad selection of options in business, marketing, accounting technology and economics – offering you the opportunity to critically analyse and evaluate a range of ideas, arguments and theories
Trang 17BA (Hons) Business Studies
with Accounting (Q70)
Study this pathway if you want a degree in business studies
with a special focus on accounting
Stage 1 (120 credits)
You’ll follow the same curriculum as the general BA (Hons)
Business Studies, except for your second module, which
will be You and your money: personal finance in context
(DB123) (30 credits) This practical module builds your
financial knowledge and skills, improves your understanding
of personal finance and develops your awareness of its social
and economic context
Stage 1 modules summary – 120 credits in total
60 credits from the following compulsory Level 1 modules:
An introduction to
business studies
You and your money:
personal finance in context
The first half of this stage follows the same curriculum
as the BA (Hons) Business Studies For the second half,
you’ll develop your understanding of the frameworks
underpinning accounting and audit practice, the skills
to prepare financial accounts, and the principles and
practices of management accounting
Stage 3 (120 credits)
Again, the first half of this stage follows the same curriculum
as the BA (Hons) Business Studies Your specialist study
will cover accounting concepts and applications employed
at a strategic level – like organising for performance; using
diagnostic and interactive control systems; and achieving
profit goals and strategies
BA (Hons) Business Studies with Economics (Q70)
Study this pathway if you want a degree in business studies with a special focus on economics
Stage 1 (120 credits)
Stage 1 of this pathway is the same as Stage 1 of the
BA (Hons) Business Studies
Stage 2 (120 credits)
The first half of this stage follows the same curriculum as the
BA (Hons) Business Studies For the second half, you’ll study
a specialist economics module, which explores questions such as: are we living through a new, ICT-led industrial revolution? You’ll investigate key topics in contemporary economics while developing your ICT skills through innovative, multimedia teaching methods
Stage 3 (120 credits)
Again, the first half of this stage follows the same curriculum
as the BA (Hons) Business Studies Your specialist study will examine the various economic theories that explain people’s behaviour in households, businesses and governments
You will be presented with alternative economic explanations that will enable you to make your own critical judgements of which theory serves you best
Trang 18BA (Hons) Business Studies
with Environment (Q70)
Study this pathway if you want a degree in business studies
with a special focus on environmental issues
Stage 1 (120 credits)
You’ll follow the same curriculum as the general BA (Hons)
Business Studies, except for your third module, which will
be Environment: journeys through a changing world (U116)
This 60-credit module draws together subjects from the social
sciences, science and technology to provide a fascinating
introduction to contemporary environmental topics
Stage 1 modules summary – 120 credits in total
90 credits from the following compulsory Level 1 modules:
Working and learning: developing
effective performance at work
You and your money:
personal finance in context
Stage 2 (120 credits)
The first half of this stage follows the same curriculum as
the BA (Hons) Business Studies For the second half,
you’ll be introduced to a wide range of environmental
concerns – exploring and debating our responses to
them and investigating their scientific, technological and
social backgrounds
Stage 3 (120 credits)
Again, the first half of this stage follows the same curriculum
as the BA (Hons) Business Studies For your specialist study,
you can choose to focus on:
• contemporary issues such as biodiversity and climate
change, drawing on different disciplines to understand
environmental changes, their consequences, and
implications for action; or
• the causes and consequences of international
environmental problems and resource conflicts,
including loss of biological diversity, water allocation and
urbanisation – focusing particularly on climate change
BA (Hons) Business Studies with International Development (Q70)
Study this pathway if you want a degree in business studies with a special focus on international development
Stage 1 (120 credits)
Stage 1 of this pathway is the same as Stage 1 of the
BA (Hons) Business Studies
Stage 2 (120 credits)
The first half of this stage follows the same curriculum as the
BA (Hons) Business Studies For the second half, you’ll be introduced to the main issues associated with meeting the challenges of international development, in the context of changing global, political and economic circumstances
Stage 3 (120 credits)
Again, the first half of this stage follows the same curriculum as the BA (Hons) Business Studies Your final specialist module takes an interdisciplinary perspective on contemporary international studies It provides the analytical tools you need to understand global developments in politics, economics, technology and culture
Trang 19BA (Hons) Business Studies
with Law (Q70)
Study this pathway if you want a degree in business studies
with a special focus on law
Stage 1 (120 credits)
You’ll follow the same curriculum as the general BA (Hons)
Business Studies, except for your second compulsory
module, which will be Rules, rights and justice: an
introduction to law (W100) (60 credits) This module
introduces the study of law and legal reasoning, examining
the nature and function of regulation and how laws are made,
interpreted, and applied
Stage 1 modules summary – 120 credits in total
90 credits from the following compulsory Level 1 modules:
You and your money:
personal finance in context
Stage 2 (120 credits)
The first half of this stage follows the same curriculum as
the BA (Hons) Business Studies For the second half, you’ll
be introduced to the English legal system, learn about legal
research techniques, and explore EC law in depth
Stage 3 (120 credits)
Again, the first half of this stage follows the same curriculum
as the BA (Hons) Business Studies Your final specialist
module examines the two Foundations of Legal Knowledge
covered by the Law of Obligations – Contract Law and the
Law of Tort – and the law of restitution
BA (Hons) Business Studies with French (Q70)
Study this pathway if you want a degree in business studies with a special focus on French
You will then study two French modules, one at beginner and one at intermediate level:
• Bon départ: beginners' French (L192) is a carefully
structured module designed to help you learn to speak and understand French in a wide range of practical situations, and explore French life and culture
• Ouverture: intermediate French (L120) builds on your
existing knowledge and skills to develop your confidence
in understanding, speaking and reading simple French, and your understanding of French-speaking societies and French culture
Stage 1 modules summary – 120 credits in total
30 credits from the following compulsory Level 1 module:
An introduction to business studies
Bon départ: beginners' French L192 30 29
Ouverture: intermediate French L120 30 29
Stage 2 (120 credits)
The first half of this stage follows the same curriculum as the BA (Hons) Business Studies For the second half, you’ll extend your French language skills and cultural knowledge
at upper intermediate level, and attend a residential school in France (or online alternative)
Stage 3 (120 credits)
Again, the first half of this stage follows the same curriculum
as the BA (Hons) Business Studies Your final specialist module further develops your French speaking, listening, reading and writing skills You’ll also expand your knowledge
of contemporary French culture
Trang 20BA (Hons) Business Studies
with Spanish (Q70)
Study this pathway if you want a degree in business studies
with a special focus on Spanish
Stage 1 (120 credits)
You’ll begin with the 30-credit compulsory module An
introduction to business studies (B120) This module
introduces internal and external elements of a business,
explains the context in which a business operates, and
explores common aims and characteristics You will follow
this module with a 30-credit Level 1 optional module
exploring either: retail management, communication skills,
work-based learning, mathematics or personal finance
You will then study two Spanish modules, one at beginner
and one at intermediate level:
• Portales: beginners’ Spanish (L194) is a carefully
structured module designed to help you learn to speak and
understand Spanish in various practical situations, and get
a real feel for Hispanic cultures
• En rumbo: intermediate Spanish (L140) develops your
confidence in understanding, speaking and reading
Spanish, while gaining an insight into Spanish and Latin
American society and culture
Stage 1 modules summary – 120 credits in total
30 credits from the following compulsory Level 1 module:
Portales: beginners' Spanish L194 30 30
En rumbo: intermediate Spanish L140 30 30
Stage 2 (120 credits)
The first half of this stage follows the same curriculum as
the BA (Hons) Business Studies For the second half, you’ll
extend your Spanish language skills and cultural knowledge
at upper intermediate level, and attend a residential school in
Spain (or online alternative)
Stage 3 (120 credits)
Again, the first half of this stage follows the same curriculum
as the BA (Hons) Business Studies Your final specialist
module further develops your Spanish speaking, listening,
reading and writing skills You’ll also expand your knowledge
of Spanish and Latin American culture
BA or BSc (Hons) Computing & IT and a second subject (Q67)
Computing and IT skills are hugely valued in the modern workplace; studied together with a second complementary subject they can open up careers in a wide range of sectors, from government to gaming This flexible joint honours degree offers you a double opportunity You can specialise
in an area of computing & IT and combine it with business, design, mathematics, psychology or statistics – dividing your time equally between subjects Organisations are critically dependent on computing technologies, and people who can apply specialist IT knowledge within the context of another discipline are in particular demand This degree will help you establish or develop a varied and fulfilling career, and position yourself to meet the needs of today’s employers
Career relevance and employability
Organisations increasingly value IT teams with skills relevant
to wider business in addition to technical ability This degree opens the way for a career in information and communication technologies, and with a sound grounding in a second relevant subject, you’ll be well placed to apply your skills in a wide range of sectors – from government, health, education and the ‘Third Sector’, to business, finance and commerce
It may also help you obtain professional recognition from the British Computer Society (BCS) – the Chartered Institute for IT In addition, you’ll gain valuable transferable skills in teamwork, communication, time management, analysis and problem solving
What you will study
This flexible degree enables you to study aspects of computing and IT that are of particular relevance to you,
in combination with a second subject – choosing from business, design, mathematics (pure or applied), psychology and statistics
You’ll then study introductory modules in your second subject:
Business – An introduction to business studies (B120)
(30 credits) looks at the internal and external elements of a business, considers the context in which a business operates, and explores common aims and characteristics Then you’ll choose between An introduction to retail management and marketing (B122) (30 credits) – exploring
the principle theories, concepts and challenges of retailing – or You and your money: personal finance in context
(DB123) (30 credits), which examines the changing economic and social environment for personal finances
Trang 21Design – Design thinking: creativity for the 21st century
(U101) (60 credits) explores the common principles of
design You’ll acquire new designing skills and develop ways
of thinking that lead to innovation and creative solutions
Pure mathematics/Applied mathematics – Using
mathematics (MST121) (30 credits) covers recurrence
relations, matrices and vectors, calculus, statistics, and using
a computer to solve practical problems Then Discovering
mathematics (MU123) covers key ideas from statistics,
algebra, geometry and trigonometry
Psychology – Discovering psychology (DSE141)
(30 credits) introduces different ways in which psychologists
investigate issues, and explores some of the factors that
influence human behaviour You’ll then choose either
Using mathematics (MST121) (see above) or Discovering
mathematics (MU123) (30 credits) which covers key ideas
from statistics, algebra, geometry and trigonometry
Statistics – Using mathematics (MST121) (30 credits)
covers recurrence relations, matrices and vectors, calculus,
statistics, and using a computer to solve practical problems
Then you’ll study a new module planned for October 2013,
Introducing statistics (M140) (30 credits).
Stage 1 modules summary – 120 credits in total
60 credits from the following compulsory Level 1 module:
My digital life TU100 60 29
+ 60 credits from the following Level 1 modules:
Business pathway
An introduction to
business studies
+ either An introduction to retail
management and marketing
Discovering psychology DSE141 30 –
+ either Using mathematics MST121 30 –
or Discovering mathematics MU123 30 28
Statistics pathway
Using mathematics MST121 30 –
+ Introducing statistics M140 30 –
Stage 2 (120 credits)
At Stage 2, you’ll start by focusing on one of four pathways
in computing and IT: software development, solutions development, networking or digital technologies Then in your second subject, you’ll build on your Stage 1 studies – focusing on business organisations and your interaction with them (business studies); the processes that generate products and what it means to be a designer (design);
using mathematical models to solve real problems (applied mathematics); group theory, linear algebra and analysis (pure mathematics); approaches to areas such as identity, language and meaning, personality and social world (psychology); and how to understand and make use of basic statistical concepts (statistics)
Stage 3 (120 credits)
For the final stage of your degree, you’ll delve deeper into specialist computing and IT topics You’ll complete your computing and IT studies with a project on a topic of your choice, which you’ll research, develop and write up – presenting your findings in a substantial portfolio-style report
to show employers
Your final module will be in your second subject, focusing
on the world of strategy (business); how new ideas, designs and inventions develop and are translated into marketable products (design); a wide range of applied or pure mathematics topics; the mental processes involved in learning, perceiving, remembering and thinking (psychology); and the models behind probability theory (statistics)
Trang 22BA (Hons) Leadership and
Management (Q54)
This degree provides an innovative and accessible
introduction to leadership and management in business,
and explores their impact on organisations – including wider
considerations in the external environment
You’ll develop a range of analytical and problem-solving
skills incorporating the management of functions such as
marketing, human resources and finance, and leading
change You’ll also examine how business organisations are
shaped and influenced, and how stakeholder behaviours
and management decision-making contribute to the various
organisational functions
During your studies, you’ll gain essential and practical skills
in communication; the use of IT; numerical interpretation;
collaborative working; and reflective thinking Alongside the
core modules, you can choose options to suit your particular
professional or personal interest – such as ethics, business
strategy and policy, innovation, entrepreneurship,
inter-organisational collaboration or fundraising
Career relevance and employability
This degree is designed to teach you the skills of successful
practice in both leadership and management, and how to
use them in your own work The skills and knowledge you’ll
develop will equip you to follow a number of career paths,
and are recognised by employers as having great value for
work in management and business They’re also recognised
in specialist areas concerned with developing leadership and
management skills, management/business consultancy, and
establishing new businesses This degree also contributes to
career development through work-based learning – building
your ICT, presentation, numeracy and cognitive skills (writing,
critical thinking, analysis and evaluation)
What you will study
Stage 1 (120 credits)
You’ll begin with the 30-credit compulsory module
An introduction to business studies (B120) This module
introduces internal and external elements of a business,
explains the context in which a business operates, and
explores common aims and characteristics
A second 30-credit compulsory module, Working and learning:
developing effective performance at work (BU130), introduces
the skills of work-based learning which provides a stimulating
link between academic study and your day-to-day working life
There’s also a version designed specifically for people working
in delivering public services (BUXS130)
You’ll then study at least one of a choice of 30-credit options listed below You can also include 30 credits free choice from any Level 1 module
Stage 1 modules summary – 120 credits in total
60 credits from the following compulsory Level 1 modules:
An introduction to business studies
Working and learning:
developing effective performance at work
BU130 or BUXS130
+ at least 30 credits from the following optional Level 1 modules:
An introduction to retail management and marketing
Discovering mathematics MU123 30 28
Managing in the workplace B121 or
BXS121
Professional communication skills for business studies
You and your money:
personal finance in context
A second work-based module is designed to be applicable
to your current role and to help you manage your learning
in new work contexts You’ll explore leadership and change practice – making things happen – and develop your ability
to initiate and carry through projects
For the remainder of this stage, there’s a broad choice of modules covering topics such as responsible marketing; sustainable innovation; fundraising; making sense of strategy; new business ideas and new ventures; and managing across organisational and cultural boundaries
Trang 23Foundation degrees/
Diplomas of higher education
Foundation Degree in Leadership
and Management (X06)/Diploma of
Higher Education in Leadership and
Management (W06)
How do leadership and management theories and ideas
influence the way organisations and individuals think
and work? If you want to contribute to leadership and
management in your own working life, this qualification is
for you You’ll develop your understanding of organisations,
their structures and cultures; explore wider considerations
such as environments, markets and processes; and
investigate how all these inform leadership and management
You’ll also learn how to:
• analyse and evaluate leadership behaviour and
management decision making in the workplace
• improve your own skills as a leader and manager
• build the skills needed to engage in a process of
lifelong learning, enabling you to develop as a
reflective practitioner
Career relevance and employability
The skills and knowledge you’ll develop through studying
this qualification are recognised by employers as being of
great value for work in management and leadership roles
They can also lead to opportunities in specialist areas
concerned with leading change initiatives and projects
offering guidance to managers – such as management
consultancy The qualification will also contribute to your
career development by enhancing your ICT, presentation,
and basic numeracy skills and your cognitive skills – writing,
critical thinking, analysis and evaluation You can take
optional modules in mathematics, economics, social science,
technology or law, which will further increase your skills set
What you will study
Stages 1 and 2 of this qualification are the same as Stages 1
and 2 of the BA (Hons) Leadership and Management (Q54)
Foundation Degree in Business (X05)/ Diploma of Higher Education in
Business (W05)
How are businesses organised? How do they develop strategies, handle risk and take decisions? And how
do these factors impact on a business organisation?
This qualification will provide you with a general understanding of business organisations and their structures and cultures; wider considerations such as environments, markets and processes; and how all these work together to contribute to organisational success
You’ll also:
• gain an insight into core business functions such as marketing, accounting and finance, and their relevance to working life
• develop essential and practical skills
Career relevance and employability
The skills and knowledge you’ll develop by studying this qualification are recognised by employers as having great value for work in management, related business professions such as marketing, accounting and HR in a variety of business sectors, and business consultancy Your studies will also contribute to your career development by enhancing your ICT, presentation, and basic numeracy skills and your cognitive skills – writing, critical thinking, analysis and evaluation You can take optional modules in mathematics, economics, social science, technology or law, which will further increase your skills set
What you will study
Stage 1 (120 credits)
Stage 1 of this qualification is the same as Stage 1 of
BA (Hons) Leadership and Management (Q54)
Stage 2 (120 credits)
You’ll begin this stage by focusing on sharing and developing your personal and professional practice in business You’ll take a highly practical, work-based approach to your learning, which is delivered mainly online – building your IT skills at the same time
The final practice-based module is about how the five essential organisational functions – human resources;
marketing; operations management; information management; and accounting and finance – operate and integrate within business
Trang 24Foundation Degree in Financial
Services (X10)/Diploma of Higher
Education in Financial Services (W10)
With global financial markets and personal finances making
the headlines daily, there’s never been a more exciting
time to study finance and develop a successful career
This is a nationally recognised qualification, designed in
collaboration with the National Skills Academy for Financial
Services to be directly relevant to your work and career
progression It is particularly suitable if you’re already
working within the financial sector or looking to take up a
career in this area You'll learn about concepts such as
risk and uncertainty, portfolio management and investment
techniques; and about the impact of economics, ethics
and diversity on financial decision making You’ll develop
an understanding of business organisations and functions
– such as marketing and accounting – and how these
contribute to organisational success in the financial services
industry You’ll also develop the skills to engage in lifelong
learning and become a reflective practitioner in the financial
services industry
Career relevance and employability
This qualification is particularly relevant in preparing you
for work or advancing your career in the financial services
industry You might already be working (or aiming to work)
in a customer-facing role as a team leader, manager or
supervisor; or in an operations or administrative role in any
size of financial business If you already have a professional
finance qualification, we may be able to give you credit for
this study to count towards this course You’ll develop your
skills in writing and critical thinking; analysis and evaluation;
ICT; presentation and numeracy You’ll also explore the
context for your work in the financial services industry,
learning the skills of successful practice in this sector, and
how to use these in your current and future working contexts
What you will study
Stage 1 (120 credits)
Stage 1 begins with three compulsory modules: You and your
money: personal finance in context (DB123); Introduction
to financial services (BD131); and Working and learning:
developing effective performance at work (BU130) You’ll be
introduced to the skills of work-based learning and gain an
overview of the financial services industry You’ll also achieve
a solid grounding in the principles of financial planning and
numerical techniques Together, these modules will deepen
your understanding of the industry; create a strong link
between your day-to-day working life and academic study;
and place the financial services sector in its wider social,
political and economic context
For many students, the next module will be An introduction
to business studies (B120), which focuses on the way that
businesses are organised and operate However, if you already have an NVQ Level 3 in management or a similar subject, you can opt for the fast-track module Managing in the workplace (B121) which will bring your NVQ studies up to
undergraduate level
The final module at Stage 1 is Discovering mathematics
(MU123), but if you already have a financial qualification at level 3 in the Framework for Higher Education Qualifications, you can study Development of financial practice (DB124)
instead – building on your professional learning to complete Stage 1
Stage 1 modules summary – 120 credits in total
70 credits from the following compulsory Level 1 modules:
You and your money:
personal finance in context
Introduction to financial services BD131 10 27
Working and learning: developing effective performance at work
+ 30 credits chosen from the following Level 1 optional modules:
An introduction to business studies
a backdrop of economic, social and political uncertainty – bringing to the fore the ethical and regulatory constraints within which the financial services industry operates
Trang 25Foundation Degree in Retail
Management (X14)/Diploma of Higher
Education in Retail Management (W14)
Retail is a dynamic, global industry – with innovative new
markets constantly emerging to keep pace with increasingly
sophisticated consumer behaviour This qualification is
designed to equip you with the knowledge and skills needed
to succeed in this competitive world You’ll gain a clear
understanding of the key management functions of a retail
business and its trading environments, together with a sound
knowledge of business disciplines From an organisational
viewpoint, you’ll study retail operations; processes; structures
and cultures; and wider considerations such as trading
relationships, environments, and markets – investigating how all
these inform retail management practices From an individual
viewpoint, you’ll explore the management and development
of people within and beyond the organisation You’ll also gain
an understanding of concepts and analytical approaches;
develop problem-solving skills; and start building practical and
professional skills that will enhance employability
Career relevance and employability
The skills and knowledge you’ll develop through studying
this qualification are recognised by employers as being
of great value for work in the retail sector They can also
lead to opportunities in specialist areas concerned with
offering guidance to managers – such as management
consultancy of any customer-facing industry Your studies
will also contribute to your career development by enhancing
your ICT, presentation, and basic numeracy skills and
your cognitive skills – writing, critical thinking, analysis and
evaluation You can take optional modules in mathematics,
economics, social science, technology or law, which will
further increase your skills set
What you will study
Stage 1 (120 credits)
You’ll begin with the 30-credit module An introduction to
business studies (B120) This module introduces internal
and external elements of a business, explains the context
in which a business operates, and explores common aims
and characteristics
Next, you’ll study An introduction to retail management and
marketing (B122) This 30-credit module enables you to
develop your knowledge of retail management and marketing
by exploring the principle theories and concepts of retailing
and examining the issues and challenges faced by retailers
The third module, Working and learning: developing effective performance at work (BU130) (30 credits), introduces the
skills of work-based learning which provides a stimulating link between academic study and your day-to-day working life There’s also a version designed specifically for people working in delivering public services (BUXS130)
You can also include 30 credits free choice from any Level 1 module
Stage 1 modules summary – 120 credits in total
90 credits from the following compulsory Level 1 modules:
An introduction to business studies
An introduction to retail management and marketing
Working and learning: developing effective performance at work
BU130 or BUXS130
Finally, you’ll investigate leadership and change practice in a retail context Taking a highly practical approach grounded in your own experience, you’ll explore how to initiate and carry through improvements and projects in your current work
Trang 26Certificate in Professional Practice in
Delivering Public Services (S26)
This certificate gives professional recognition to employees
working in public service delivery Developed in partnership
with employers, it consists of two work-based 30-credit
modules designed to build your understanding and skills
within the context of your own role Working and learning:
developing effective performance at work (BUXS130) focuses
on developing your ability to learn, and on improving your
performance and practice at work You’ll be able to negotiate
your own learning experience – ensuring the professional
relevance of your studies Then Managing in the workplace
(BXS121) will help you to develop a new, more theoretical
understanding of how and why managers do what they do
in organisations As this certificate is work-based, it has
immediate career relevance It will help you understand the
context in which you work; the impact you can have; and the
improvements you can make to performance when delivering
public services
Stage 1 modules summary – 60 credits in total
60 credits from the following compulsory Level 1 modules:
Working and learning:
This certificate is ideal if you want a route into the
accountancy profession, or if you need fundamental
accounting skills in a management or other role You’ll study
two 30-credit Level 2 modules: Financial accounting (B291)
and Management accounting (B292) The certificate provides
knowledge and understanding of financial and management
accounting and its role in business organisations – including
how to prepare accounts and how to use accounting
information for decision making, planning and control
You’ll also explore issues of corporate governance and ethics
as they relate to accounting and management
Although the certificate does not qualify you as an
accountant, it provides a solid foundation in accounting
skills and will help you progress to professional training It is
accredited by a range of professional bodies and can give
you exemption from some professional examination papers
Stage 1 modules summary – 60 credits in total
60 credits from the following compulsory Level 2 modules:
Financial accounting B291 30 30
Management accounting B292 30 30
Professional Certificate in Management (S01)
If you’re new to management, or you need to develop your managerial abilities and understanding, this certificate is for you It provides a broad-based, practical introduction to the key ideas, techniques and overall competencies you need to manage effectively and productively in modern organisations
in any part of the world You’ll study two 30-credit modules1,
Managing 1: organisations and people (B628) and Managing 2: marketing and finance (B629), and the 10-credit
residential and examination module Managing 3: the integration challenge (B690)
Everything you study is related to your own professional development, and you’ll be encouraged to apply your newly learned skills, knowledge and techniques in very practical ways You’ll develop essential management skills including critical thinking; understanding organisational structures; effective project management; good communication; and the ability to manage your time
As well as being a recognised professional qualification in its own right, the certificate is also a foundation for further study at postgraduate level There are no entry requirements and you need not be employed as a manager, however it is highly desirable that you have some personal knowledge and experience of managing in an organisation
1 These modules involve some face-to-face tuition Online versions are also available (codes BZX628 and BZX629).Stage 1 modules summary – 70 credits in total
70 credits from the following compulsory Level 3 modules:
Managing 1: organisations and people
B628 (or the online version BZX628)
Managing 2: marketing and finance
B629 (or the online version BZX629)
Managing 3: the integration challenge
Trang 27Our Open qualifications
With an Open qualification – a certificate of higher
education (CertHE), diploma of higher education (DipHE)
or degree – you choose what you want to study
It’s one of the most flexible programmes of study in the UK,
letting you build a qualification that’s unique for you
You can:
• tailor a qualification around your interests and career needs
• get a qualification that focuses on business, but with the
freedom to mix in modules from other areas
• use successfully completed credit from previous
university-level studies elsewhere
• easily change direction if you started out studying a
particular subject but your interests have changed
Highly regarded by employers for their breadth and valued
by students for their flexibility, Open qualifications equip you
with a wide range of expertise, skills and capabilities that are
much sought after in today’s highly competitive job market
To find out more about career opportunities with an Open
qualification, click www.open.ac.uk/subjects-for-careers
Where to start
If you are interested in business we recommend that you start
your studies with An introduction to business studies (B120)
This will give you a firm foundation for future studies as well
as 30 credits to count towards your qualification For a full list
of our other key introductory Level 1 modules see the Open
CertHE at www.open.ac.uk/study-open
Get credit for previous study
Any previous higher-education study you’ve successfully
completed elsewhere could count towards your Open
qualification Through credit transfer you could reduce the
number of modules you’ll need to take, lessen the time
needed to complete your qualification and also make a
saving in terms of the cost
Career relevance
Many employers view an Open degree as a qualification that equips individuals with a broad range of expertise, skills and capabilities An Open degree could also be considered an advantage given that 60 per cent of graduate-level jobs are open to graduates of any discipline
Business studies modules contribute to your career development in two main ways First, they develop not only cognitive skills – critical thinking, analysis, paraphrasing and evaluation – but also ICT skills, presentation skills and basic numeracy Second, you will explore how business organisations think and work and develop your understanding of the
function and contribution of such specialisms as marketing,
HR, operations and finance These skills and knowledge are recognised by employers as being of great value for work in management and business or in specialist areas concerned with offering guidance to managers – for example management consultancy or business journalism
What Open qualifications do we offer?
Open CertHE (T09) – to gain a certificate of higher education you will need to complete 120 credits of Level 1 study equivalent to Stage 1 of our Open degree (see table overleaf).Open DipHE (W34) – to gain a diploma of higher education you will need to complete 240 credits (120 at Level 1 and 120
at Level 2) equivalent to Stages 1 and 2 of our Open degree (see table overleaf)
Open degree (QD) – to gain a degree with honours you will need to study a total of 360 credits (120 credits at Level 1,
120 credits at Level 2 and 120 credits at Level 3)
We also offer you the choice of an Open degree without honours It can take less time to study because you only need 300 credits (as opposed to 360 credits for an honours degree) However, you are likely to need a degree with honours to pursue further study and for many career paths
Continued on page 26.
Trang 28Continued from page 25.
The Open degree with honours study pathway
Level 1 studyStart with 60 credits from a wide and varied choice of key introductory modules (worth 30
or 60 credits) specially selected to develop your subject knowledge and study skills in preparation for Level 2 study – see www.open.ac.uk/study-open for details.Plus
60 credits of free choice from any Level 1 modules
Stage 2 offers an opportunity to specialise
in your subject(s) of interest and to explore further some of the topics you will have encountered at Stage 1 At the end of Stage 2 you will have enhanced your critical thinking and analytical skills
BA (Hons) or BSc (Hons) Open degree (QD)
Your next step
To find out more
• click www.open.ac.uk/study-open
• call our Student Registration & Enquiry Service on +44 (0)845 300 60 90
Trang 29Introduction to financial services (BD131)
Credits: 10 at Level 1Assessment: 1 EMALength: 12–24 weeksThis module examines the history of the development of financial services in the UK and the ways in which the sector
is regulated It will help you to understand how financial crises affect the UK and most other major economies – particularly given the roles played by the financial services organisations
in such crises – and the consequences for the sector
Although the module covers a number of subjects that are international in nature – and certainly many that have an EU context – the focus of the module is on the structure, operation and regulations of the UK financial services industry
An introduction to retail management and marketing (B122)
Credits: 30 at Level 1Assessment: 3 TMAs, 1 EMALength: 6 monthsThe retail industry is highly dynamic and innovative
This module looks at how retailing has developed within
a business context, and how retail outlets work and apply retail marketing It offers a balance between theory and practice that is innovative and engaging During your studies you will consider contemporary factors that affect retailing: globalisation; the impact of ever-changing technology; and social and ethical issues
Stage 1 undergraduate
modules
After you’ve registered for your qualification you’ll enrol
on your first Stage 1 module The modules listed below
are a selection of those that feature in Stage 1 of the
qualifications listed on pages 14−24
Assessment key
EMA End-of-module assessment
iCMA Interactive computer-marked assignment
TMA Tutor-marked assignment
This key introductory Level 1 module explores the question
‘What is a business?’ and investigates the business functions
of human resource management, marketing, accounting
and finance Different internal and external elements of a
business are introduced, and the context in which a business
operates explained You’ll explore the common aims and
characteristics of business – investigating what makes them
different Business structures, cultures and functions are
identified and the political, social, economic, technological
and ethical considerations affecting business are introduced
Trang 30Discovering mathematics (MU123)
Credits: 30 at Level 1
Assessment: 5 TMAs, 5 iCMAs
Length: 9 months
This key introductory Level 1 module will help you to
integrate mathematical ideas into your everyday thinking and
build your confidence in using and learning mathematics
You’ll cover statistical, graphical, algebraic, trigonometric
and numerical concepts and techniques, and be introduced
to mathematical modelling Formal calculus is not included
and you are not expected to have any previous knowledge
Personal and corporate success in business relies on
effective communication Professional communication skills
for business studies will help you acquire skills to distinguish
you from your peers This key introductory Level 1 module is
practical and will empower you to undertake more insightful
case-study analysis, write successful essays, and produce
powerful reports From proposals to emails, you’ll work with
a wide range of texts from business studies modules and
the wider business world, deepening your knowledge and
developing your written communication skills – helping you to
succeed in both business studies and business generally
Working and learning: developing effective performance at work (BU130 or BUXS130)
Credits: 30 at Level 1Assessment: 3 TMAs, 1 EMALength: 6 monthsThis key introductory Level 1 module provides an introduction
to the skills of work-based learning (WBL) There are three reasons for considering WBL as part of your OU degree First,
it provides a stimulating link between degree study and your day-to-day working life, with the chance to study issues that are particularly relevant to your work or home life Secondly, WBL changes the way you can study, focusing your attention
on the question ‘Will this work?’ Finally, at a practical level, studying through WBL can offer genuine opportunities for lightening your study workload as you can locate some, perhaps much, of your learning within your day-to-day job
There is a version of this module specifically designed for people working in delivering public services (BUXS130).
You and your money: personal finance
in context (DB123)
Credits: 30 at Level 1Assessment: 3 TMAs, 1 EMALength: 6 monthsAre you interested in making more informed decisions about your personal finances? You and your money: personal finance in context is a practical module that will develop
your financial skills and improve your understanding of the constantly changing social and economic environment in which financial decisions are made You’ll explore questions such as: Why do people borrow so much? How can I plan for my retirement? By the end of this key introductory Level 1 module, you’ll have a detailed understanding of some key personal finance issues that affect people’s lives, and the skills and knowledge needed to improve your own financial capability
Trang 31Development of financial practice (DB124)
Credits: 20 at Level 1
Assessment: 1 EMA, 1 iCMA
Length: 10 weeks
If you already have a financial qualification at Level 3 in the
Framework for Higher Education Qualifications (FHEQ) or
Level 6 in the Scottish Credit and Qualifications Framework
(SCQF), this ten-week online module will help you to build
on that qualification and achieve higher education credits
By combining your professional qualification with academic
knowledge gained at the OU, you can achieve 20 credits in
less than half the normal study time
Managing in the workplace (B121 or BXS121)
Credits: 30 at Level 1
Assessment: 1 TMA, 1 EMA
Length: 6 months
This introductory Level 1 module introduces management
ideas and uses activities to build on your existing knowledge
and skills You’ll also use your own workplace experiences
to develop an academic understanding of management and
valuable study skills, which you’ll demonstrate by writing
about management and reflecting on your own skills as
a learner
There is a version of this module specifically designed for
people working in delivering public services (BXS121).
My digital life (TU100)
Credits: 60 at Level 1
Assessment: 6 TMAs, 7 iCMAs
Length: 9 months
While you’re learning about tomorrow's technology why
not help build it? My digital life takes you on a journey
from the origins of information technology through to the
familiar computers of today, and on to tomorrow’s radical
technologies You'll get hands-on experience of designing,
building and programming the small, ubiquitous computers
that will become increasingly common over the next decade
The profound technological, economic, political and ethical
changes brought about by information technology will affect
every one of us This key introductory Level 1 module will
help you prepare for that – think of it as an online survival kit
for the twenty-first century
Rules, rights and justice:
an introduction to law (W100)Credits: 60 at Level 1
Assessment: 7 TMAs, 1 EMALength: 9 monthsThis key introductory Level 1 module introduces the study of law and legal skills It begins by looking at how rules develop within a society and how laws (in effect legal rules) are made, interpreted, and applied Then, it examines the concepts
of legal personality, unlawful conduct and states of mind
You will explore civil and criminal sanctions; issues raised
by human rights legislation; and the concepts of rights and justice Of particular interest as preparation for a law degree, the module also provides an excellent beginning if you wish
to study other subjects The module deals principally with the law of England and Wales
Bon départ: beginners’ French (L192)Credits: 30 at Level 1
Assessment: 4 TMAs, 4 iCMAs, 1 EMALength: 11 months
This key introductory Level 1 module is designed to develop the skills you need to speak and understand simple French in everyday contexts Using the theme of a journey, Bon départ: beginners’ French explores life in France and introduces you
to a wide range of practical situations such as travelling, shopping, working and eating out Study resources include printed books, a dedicated website with online activities and resources and audio recordings – which support independent learning Together, they’ll give you not just language skills but a real feel for French-speaking cultures too
Ouverture: intermediate French (L120)Credits: 30 at Level 1
Assessment: 4 TMAs, 1 EMALength: 9 months
Ouverture: intermediate French follows on from Bon départ: beginners’ French (L192) It revises and consolidates the
knowledge of French you already have and teaches more advanced language in the context of French-speaking societies and French culture Study resources – including printed module books and interactive DVD-ROMs – are carefully designed to develop the four language skills of speaking, listening, reading and writing They provide clear learning objectives, guidance and model answers This key introductory Level 1 module also teaches good study skills and language-learning strategies
Trang 32Portales: beginners’ Spanish (L194)
Credits: 30 at Level 1
Assessment: 4 TMAs, 4 iCMAs, 1 EMA
Length: 11 months
This key introductory Level 1 module is designed to develop
the skills you need to speak and understand simple Spanish
in everyday contexts It takes you through a wide range of
practical situations such as travelling, shopping, working and
eating out in Spanish-speaking countries Study resources
include printed books, a dedicated website with online
activities and resources and audio recordings – which support
independent learning Together, they’ll give you not just
language skills but a real feel for Hispanic cultures as well
En rumbo: intermediate Spanish (L140)
Credits: 30 at Level 1
Assessment: 4 TMAs, 1 EMA
Length: 9 months
En rumbo: intermediate Spanish follows on from Portales:
beginners’ Spanish (L194) It builds on your existing
Spanish and teaches more advanced language in the
context of Spanish and Latin American society and culture
Study resources – including printed module books and an
interactive DVD-ROM – are carefully designed to develop
the four language skills of speaking, listening, reading and
writing They provide clear learning objectives, guidance and
model answers This key introductory Level 1 module also
teaches good study skills and language-learning strategies
Level 2
Financial accounting (B291)
Credits: 30 at Level 2Assessment: 2 TMAs, 3 iCMAs, 1 examinationLength: 6 months
By studying this module you will gain an understanding
of how financial statements are prepared and develop the skills to prepare financial statements You will explore differences in financial accounting for different businesses, building an understanding of the frameworks underpinning accounting and audit practice This is the first of two modules leading to the Professional Certificate in Accounting (S25)
We strongly recommend that you study this module before
Management accounting (B292), but both modules can be
studied independently
Management accounting (B292)
Credits: 30 at Level 2Assessment: 2 TMAs, 3 iCMAs, 1 examinationLength: 6 months
By studying this module you will gain an applied knowledge and understanding of the purpose, principles and scope
of management accounting The module is designed for anyone interested in the role of management accounting in financial management, but is particularly suitable if you wish
to qualify as a professional accountant This is the second
of two modules leading to the Professional Certificate in Accounting (S25) We strongly recommend that you study
Financial accounting (B291) before this module, but both
modules can be studied independently
Trang 33This highly practical module is the first in a suite of three
modules that lead to the award of the Professional Certificate
in Management (S01) Designed for managers, aspiring
managers, team leaders and supervisors, it uses activities
and problem-solving to take you through core topics in
organisational behaviour and human resource management
Topics include organisational context and culture,
stakeholders, management roles, recruitment and induction,
performance management, motivation, team work, managing
operations and change These are focused primarily on your
own work situations and practices, whether these are in the
commercial, public or voluntary sectors
This module is offered with a combination of face-to-face and
online tuition If you would prefer entirely online tuition please
use the module code BZX628
Managing 2: marketing and finance (B629)
or online version (BZX629)
Credits: 30 at Level 3
Assessment: 2 TMAs, 1 EMA
Length: 6 months
This practical module is the second of three leading to
the Professional Certificate in Management (S01) It responds
to the practical needs of aspiring and first line managers,
team leaders and supervisors, many of whom may not be
directly involved in marketing or finance It uses activities
and problem-solving to investigate topics such as the
external environment; consumer relationships; market
research; product/service analysis; price, promotion and
delivery; quality; consumer expectations and satisfaction;
financial planning and monitoring through budgets;
cashflow; profit and loss You will focus on scenarios,
case studies and your own role, whether in the commercial,
public or voluntary sector
This module is offered with a combination of face-to-face and
online tuition If you would prefer entirely online tuition please
use the module code BZX629
Managing 3: the integration challenge (B690)
Credits: 10 at Level 3Assessment: 1 examinationLength: 6 monthsB690 is a ten-credit Level 3 module that consolidates key learning points from earlier functional-based study of management to allow you to convert previous relevant study to the Professional Certificate in Management (S01) You will work together supported by a facilitator to integrate different management functional perspectives, practice key management techniques and skills, and develop and examine the ability to understand and tackle complex management problems Satisfactory participation at a compulsory 2.5 day residential school or an eighteen-day online equivalent is required Assessment will be a three hour examination using a pre-issued case study
Trang 34Postgraduate study
Taking postgraduate modules in business and
management – and going on to achieve an MBA
or MSc qualification – can enhance your career
and contribute to society.
You may be looking to upgrade your qualifications
and broaden your management skills Or perhaps
you’re preparing to move from a professional,
functional or technical role into a more senior or
general management position Whatever your
starting point or ultimate goal, a postgraduate
business qualification from The Open University
Business School will give you that extra edge.
Search
Your guide to postgraduate qualifications 33
Postgraduate Certificate in Business
Postgraduate Certificate in Clinical Leadership (K04) 35
Professional Diploma in Management (D64) 35
Postgraduate Certificate in Systems Thinking
There’s more online
To find out more about a qualification or module that interests you, go to www.open.ac.uk/postgraduate and enter the code into the search box
F61
Trang 35Your guide to postgraduate
qualifications
You work towards a postgraduate qualification at the OU by
studying a series of modules
For most postgraduate qualifications, it is recommended that
you have a degree or prior experience of study at
higher-education level Your previous work experience and studies,
or qualifications from other higher education institutions, may
all count as programme entry, or even credit towards the
qualification itself
What are modules?
Modules are our units of study To work towards a
qualification, you first need to choose and register on a
module that counts towards that qualification
What are credits?
Credits measure the student workload required for the
successful completion of a study programme or qualification
At the OU, you’ll be awarded credits after you have
successfully completed a module For example, if you study
a 60-credit module and successfully pass it, you will be
awarded the full 60 credits
How much time does it take?
As one credit represents about ten hours of study, 30- or
60-credit modules will take you either approximately 300
hours or 600 hours to complete respectively
Approximately 60–80 per cent of this time will be directed
through the module materials and the balance will be used
for independent learning, review and revision The number of
hours required each week will vary during the length of your
module For example, if you are preparing an assignment,
the number of hours required in those weeks may be higher
than other weeks where you are studying the module
materials or interacting with online and audio-visual activities
Our modules usually contain study break weeks so you can
either have a rest or use these to catch up if necessary
The table below gives you an idea of how long it will take to
complete a qualification
Postgraduate
qualification Credits required Time required to complete1
Certificate 60 1 year part-time study
Diploma 120 2 years part-time study
Masters degree 180 3–3½ years part-time study
1The timings assume time study is similar to that of
full-time education (120 credits per year), with part-full-time study at
half this rate.
Counting previous study towards an OU qualification
Some of our qualifications allow postgraduate level studies you’ve successfully completed elsewhere to be counted towards your OU qualification We enable you to do this
by awarding you a certain amount of ‘transferred credit’
By transferring credit gained from previous study, you can reduce the number of credits you need from OU study to achieve your qualification
If you do want to transfer credit, we recommend you investigate the option as soon as possible, as transferred credit may affect your choice of modules For more information, click www.open.ac.uk/credit-transfer or call our Credit Transfer Centre on +44 (0)1908 653077
Academic credit in Europe
If you are looking to use your OU credit in Continental Europe, you may be interested to know of the existence of the European Credit Transfer System (ECTS) This is the system commonly used in the EU for measuring study workload
Since the systems don’t compare like with like, and ECTS doesn’t take account of academic level, direct comparisons are difficult to make However, broadly, at any given level,
60 OU credits would be worth 30 ECTS points, and 30 OU credits would be worth 15 ECTS points
If you have completed study elsewhere, that is recorded in ECTS points, and you want to count this towards your OU qualifications please contact the Credit Transfer Centre for advice (see above)
Trang 36If you already hold the Professional Certificate in Management, successful completion of MBA stage 1: management: perspectives and practice (B716) would entitle
you to claim the Professional Diploma in Management (D64)
It is not permitted, however, to claim both this Postgraduate Certificate in Business Administration and the Professional Diploma in Management
To gain entry onto the postgraduate certificate you will need a minimum of three years’ experience in a managerial, professional or technical role
For this postgraduate certificate you require 60 credits from the following compulsory module:
MBA stage 1: management:
perspectives and practice
Postgraduate qualifications
Management and leadership
If you are looking to develop a career in management and
take your career further a qualification in management and
leadership might be the right choice for you The Open
University Business School offers a range of management
and leadership qualifications to suit managers and
specialists in a number of different areas across the public
and private sector
Postgraduate Certificate in Business
Administration (C66)
This postgraduate certificate in business administration will
enable you to make a real difference within your management
practice through active use of frameworks, theories and tools
It will help you to develop a good grounding in the theory
and practice of managing and leading, covering the core
functions and disciplines of management and helping you
make the connections between them It provides a framework
for a year-long process of professional development which
challenges you to engage actively with a wide variety of ideas
and to develop a repertoire of techniques and approaches
best suited to your own situation and management context
Trang 37Postgraduate Certificate in Clinical
Leadership (K04)
This postgraduate certificate is targeted at doctors and
other clinicians, working both in primary care and in acute
services It offers development in aspects of leadership
relevant to you as a clinician working on the ward or in
the clinic, so that you can play a fuller role in improving
health service quality and discuss performance issues and
potential innovations effectively with managerial colleagues
Studying for this postgraduate certificate will deepen your
understanding of service performance and clinical
team-working This qualification requires developing detailed
improvement plans for the service you are working in
To gain entry onto the postgraduate certificate you will need
an honours degree in medicine or a related area from a UK
university, or equivalent
For this postgraduate certificate you require 60 credits
from the following compulsory modules:
Leading health service delivery
and improvement
Leading healthcare innovation B833 30 46
Please note: for each of the above assessment modules
you are required to complete 250 hours of continuing
professional development (CPD) modules For further
information click www.open.ac.uk/postgraduate and enter
the qualification or module code into the search box
Professional Diploma in Management (D64)
This qualification will be of particular interest to those aspiring to middle level managerial roles in large organisations and those who have a leadership role in smaller organisations The study programme affords the opportunity to stand back from your current situation in order
to concentrate on themes of understanding and improving performance, managing projects and change The emphasis
is on your own professional development Everything you study is related to the management roles and responsibilities you exercise
The professional diploma is not only a recognised qualification
in its own right but is also Stage 1 of our MBA (F61)
To gain entry to the professional diploma you must already hold the Professional Certificate in Management (see page 24) or a qualification accepted by the University as equivalent You will also need a minimum of three years’
experience in a managerial, professional or technical role.For this postgraduate diploma you require 60 credits from the following compulsory module:
MBA stage 1: management:
perspectives and practice
Trang 38MBA (F61)
The internationally-recognised MBA qualification is designed
for practising managers moving or aspiring to higher positions
The emphasis for your learning is directly rooted in
management practice – the ‘Master’ in the degree title signifies
your ‘mastery’ of the art and science of management
To achieve this level of capability the programme concentrates
on strategic analysis, interdisciplinary skills, intellectual
stimulation and independent judgement and builds these upon
a solid foundation of the core disciplines, including human
resource management, organisational behaviour, accounting
and finance, marketing and operations
The MBA is designed as an integrated programme, and
balances your learning time between 75 per cent of
compulsory elements (including the final organisation-based
project) with 25 per cent from elective modules This enables
you to adjust the curriculum to suit your needs MBA modules
are challenging but will always direct you towards improving
your management capabilities You will need to have some
experiential knowledge at a managerial level and/or of
decision making, so that you have a practical business base
on which to build your MBA learning
You will learn to analyse, synthesise and evaluate a wide range
of situations within the broad framework of organisations, their
external context and internal management Among these you
will look at economic, environmental, social and technological
change issues, corporate governance, markets and
customers, managing resources and operations, financing
organisations, management and development of people and
management within a global knowledge-based economy, and
development of appropriate business policies and strategies
within a changing context to meet stakeholder interests
FACT: We have over 20,000 MBA alumni in more than 75 countries.
Planning your studies
To gain entry to our MBA programme you are required to have a minimum of three years’ experience in a managerial, professional or technical role Usually this means that you are at least 25 years old as it is unusual (but not impossible)
to be able to satisfy the ‘experience’ requirement under this age You will also need to hold an honours degree from a UK university, or an equivalent qualification, or to gain entry to our MBA via our Professional Certificate in Management (see page 24) Please visit www.open.ac.uk/mba or call The Open University Business School Information Line
on +44 (0)845 366 6035 for more information about entry requirements
The MBA qualification is in two stages and typically takes three years to complete; this period is based on a regular study of 12–16 hours per week, which is the practical limit for a full-time manager balancing study with career and family responsibilities
You are allowed up to a maximum seven years to complete the 180 credits (1800 hours of study) required for the MBA
FACT: The Open University Business School is one of a select group of business schools
worldwide with triple accreditation from AACSB, AMBA and EQUIS These accreditations reinforce our
reputation as a global top-tier management institution