BUS3003 : Advanced Business Practice
BUS3003 : Advanced Business Practice
- Offered for Year: 2024/25
- Module Leader(s): Dr Victoria Pagan
- Lecturer: Dr Mayank Sewak, Professor Tracy Scurry, Dr Ewan Mackenzie
- Owning School: Newcastle University Business School
- Teaching Location: Newcastle City Campus
- Capacity limit: 50 student places
Semesters
Your programme is made up of credits, the total differs on programme to programme.
Semester 1 Credit Value: | 20 |
Semester 2 Credit Value: | 20 |
ECTS Credits: | 20.0 |
European Credit Transfer System | |
Pre-requisite
Modules you must have done previously to study this module
Code | Title |
---|---|
BUS2018 | Research Methods |
MKT2004 | Research Methods for Business and Marketing |
Pre Requisite Comment
Either one of the Stage 2 modules must be taken
Co-Requisite
Modules you need to take at the same time
Co Requisite Comment
N/A
Aims
This module provides a practice-based alternative to the other available capstone modules.
Drawing on learning across the programme of study, the module provides students with an
opportunity to apply their learning to practical business challenges via the development of students'
own business concept.
This module aims to provide an opportunity to:
1. identify and develop a business idea/concept in the current global environment;
2. evaluate empirical evidence and management information to inform your understanding of the
feasibility of the business concept;
3. appreciate the complexities and constant change in managing commercially in a global context; and
4. demonstrate decision-making skills, reflective practice, and appreciation of ethical considerations
in the context of business development.
Outline Of Syllabus
There is no set syllabus for this module because it will involve independent development of a
business concept of the students' choosing, demonstrating their application of management, human
resources, entrepreneurship, innovation, and enterprise. Students will be encouraged to scope out
their business concept as, for example: 1) Pure-play start-up; 2) Small/family business seeking to
grow; or 3) Larger/corporate business seeking to develop new business unit. The module aims to
develop student decision making, creativity and project management skills. It provides an
opportunity for those who have business ideas to extend their learning through the design and
execution of practical research for which they have interest and enthusiasm. Supporting classes will
include the following topics:
Strategic analysis
e.g. internal, external, competitor, stakeholder analysis
Project management
e.g. role of the project manager, defining project scope, ethics and risk, costs and budgeting, human resources
Communicating to different audiences
e.g. written and visual materials
Reflective practice and ethics
e.g. continuous professional development
Learning Outcomes
Intended Knowledge Outcomes
On completion of this module, you will be able to demonstrate:
1. Appreciation of the uncertainty and ambiguity in information available to managers when
considering the internal and external factors that influence business decision-making;
2. Critically evaluate organisational ethical challenges that inform business decision making; and
3. A comprehensive understanding of core management areas underpinned by research knowledge
Intended Skill Outcomes
On completion of the module, you will be able to:
1. Systematically identify and critically evaluate a range of evidence sources to enable decision
making in an organisation context;
2. Critically evaluate and apply relevant theory to practice;
3. Generate, synthesise and evaluate qualitative and quantitative information for decision-making
related to the business concept;
4. Demonstrate your abilities as an independent learner, critical thinker and reflective practitioner; and
5. Present your analysis and professionally communicate your findings.
Teaching Methods
Teaching Activities
Category | Activity | Number | Length | Student Hours | Comment |
---|---|---|---|---|---|
Guided Independent Study | Assessment preparation and completion | 1 | 185:00 | 185:00 | Preparation for formative and summative assessment |
Scheduled Learning And Teaching Activities | Workshops | 4 | 1:00 | 4:00 | Interactive Workshops PiP |
Scheduled Learning And Teaching Activities | Workshops | 10 | 2:00 | 20:00 | Interactive Workshops PiP |
Scheduled Learning And Teaching Activities | Drop-in/surgery | 1 | 1:00 | 1:00 | Live Online Post-Assessment Clinic |
Guided Independent Study | Independent study | 1 | 190:00 | 190:00 | Use of VLE resources and other resources to support development of business concept |
Total | 400:00 |
Teaching Rationale And Relationship
The module consists of a mix of taught sessions, support sessions, and independent working.
module is structured as follows:
• The taught sessions will refresh student knowledge and understanding of the academic theories, concepts and
models relevant to the module, as well as developing project management and communication techniques;
• The formative assessment will give the module team the opportunity to provide feedback on theory knowledge and
understanding;
• The drop-in sessions will provide support to the students in the development of their individual
assessment and in support of their independent study.
Reading Lists
Assessment Methods
The format of resits will be determined by the Board of Examiners
Other Assessment
Description | Semester | When Set | Percentage | Comment |
---|---|---|---|---|
Written exercise | 1 | M | 30 | 2,000 word feasibility report |
Report | 2 | M | 70 | 7,000 word business plan |
Formative Assessments
Formative Assessment is an assessment which develops your skills in being assessed, allows for you to receive feedback, and prepares you for being assessed. However, it does not count to your final mark.
Description | Semester | When Set | Comment |
---|---|---|---|
Written exercise | 1 | M | Written exercises linked to seminars to enable the module team to give formative feedback |
Written exercise | 2 | M | Written exercises linked to seminars to enable the module team to give formative feedback |
Assessment Rationale And Relationship
The module provides students with the opportunity to apply their learning to practical business concept
development activities which are related to the range of topics they have studied throughout their programme of
study. The assessment enables the students to develop and demonstrate their decision making, project management,
communication and reflective practice skills
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- BUS3003's Timetable
Past Exam Papers
- Exam Papers Online : www.ncl.ac.uk/exam.papers/
- BUS3003's past Exam Papers
General Notes
N/A
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Disclaimer
The information contained within the Module Catalogue relates to the 2024 academic year.
In accordance with University Terms and Conditions, the University makes all reasonable efforts to deliver the modules as described.
Modules may be amended on an annual basis to take account of changing staff expertise, developments in the discipline, the requirements of external bodies and partners, and student feedback. Module information for the 2025/26 entry will be published here in early-April 2025. Queries about information in the Module Catalogue should in the first instance be addressed to your School Office.