The University of Southampton
Courses

UOSM2001 Business Skills for Employability

Module Overview

There are seven, weekly two-hour workshops during which students run companies within a virtual business world, assisted by the module lecturer as necessary. In addition four one-hour lecture sessions enable students to enhance their knowledge of business management concepts.

Aims and Objectives

Module Aims

This module provides an experiential learning process derived from a Total Enterprise Simulation (TES) that has been designed and built in conjunction with executives from several international companies, and validated through academic research conducted at Southampton. The TES enables students to experience the management of a realistic virtual representation of a manufacturing and retail business supply chain, developing understanding of key issues faced by managers when managing a business. Students apply management skills and theory within a simulated business environment, formulating deductions and learning by reflecting upon the experiences derived. Participants work in teams managing competing companies, making decisions and evaluating outcomes. The application of skills in marketing, strategy and financial analysis, and the integration of these disciplines while effectively managing a team is a key aim of the module. In this way, students are better prepared to be able to demonstrate business understanding and knowledge when prospecting for employment and during job interviews.

Learning Outcomes

Knowledge and Understanding

Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:

  • Demonstrate skills in the application of strategic management concepts
  • Understand the need for financial and accounting controls
  • Understand the performance of target marketing based on actual data
  • Demonstrate an awareness and appreciation of the nature of business and its interdependencies
  • Recognise the need to effective teamwork and business relationships within the working environment
Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

  • Explain to prospective employers important factors and considerations that drive business performance
  • Understand effective business team work
  • Understand business thinking processes and concepts needed to be an effective manager
Transferable and Generic Skills

Having successfully completed this module you will be able to:

  • Written and oral communication skills
  • Analytical skills
  • Presentation skills
  • Problem solving skills

Syllabus

- Strategic marketing concepts: BCG Matrix, Porter’s Five Forces, Benchmarking, Core Competence, Marketing Mix, Value Chain, SWOT, PESTEL, Supply Chain Management - Financial Concepts: Margin Analysis, Ratio Analysis, Profit and Loss Account, Balance Sheet, Cash Flow - Team work: Effective Business Teams

Learning and Teaching

Teaching and learning methods

Blended learning as a mix of practical experiential business management and theoretical concepts. Students apply business theories, experience business developments, reflect on successes and hence deduce and learn how to be an effective business manager.

TypeHours
Preparation for scheduled sessions30
Completion of assessment task30
Wider reading or practice70
Lecture4
Practical classes and workshops16
Total study time150

Resources & Reading list

Johnson, G. Scholes, K. and Whittington, R. (2005). Exploring Corporate Strategy. 

Bloisi, W. (2003). Management and Organisational Behaviour. 

Ashleigh M.J., & Mansi, A. (2012). The Psychology of People in Organisations. 

Dibb,S. Simpkin, L. Pride, W. and Ferrell, O. (1997). Marketing Concepts and Strategies. 

Assessment

Formative

Discussion

Summative

MethodPercentage contribution
Group presentation 10%
Individual essay  (3000 words) 90%

Repeat

MethodPercentage contribution
Written essay  (3000 words) 100%

Referral

MethodPercentage contribution
Written essay  (3000 words) 100%

Repeat Information

Repeat type: Internal & External

Costs

Costs associated with this module

Students are responsible for meeting the cost of essential textbooks, and of producing such essays, assignments, laboratory reports and dissertations as are required to fulfil the academic requirements for each programme of study.

In addition to this, students registered for this module typically also have to pay for:

Textbooks

Recommended texts for this module may be available in limited supply in the University Library and students may wish to purchase the core/recommended text as appropriate

Please also ensure you read the section on additional costs in the University’s Fees, Charges and Expenses Regulations in the University Calendar available at www.calendar.soton.ac.uk.

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