BSc Business and Management with Mathematics

The information on this page relates to September 2016 entry. For 2017 information, including grade requirements, please check our prospectus.

The Business & Management with Mathematics Degree (N1G1) at Aberystwyth University will enable you to develop a broad understanding of management in practice that is relevant to business, trade and commerce in both the public and private sector, along with highly developed proficiencies in mathematical and statistical techniques. The Business & Management with Mathematics Degree is professionally accredited and you will additionally gain a range of essential transferable skills that are highly sought after by employers. Expand the sections below to discover more...

Overview

The Business & Management with Mathematics degree is a major/minor programme, meaning that you will spend two-thirds of your time studying Business & Management with the School of Management and Business and one-third studying Mathematics in the Department of Mathematics.

Why study Business & Management with Mathematics at Aberystwyth?

Our Business and Management programmes are accredited by the Chartered Institute of Management Accountants (CIMA). This means that, on successful completion of your Business & Management with Mathematics degree, you will be able to gain exemption from certain examinations and achieve professional qualifications at an earlier stage.

The School of Management and Business has an excellent reputation for the quality of its courses and for the success of its graduates across a wide variety of careers and contexts.

As well as being active researchers, our lecturers have a professional business background, so that by applying their real-world knowledge to theoretical concepts, your learning experience is firmly located in the context of proper professional practice. We also believe strongly in a teaching model which requires active student involvement rather than passive information-gathering, ensuring that you can meet the demands of potential employers on graduation. Our programmes are supported by visiting speakers who also bring their professional experience to the classroom.

The School of Management and Business has arrangements with many partner universities overseas to deliver short academic programmes (2 weeks) to small groups of management and business students (on a self-funding basis), to enable you to experience the impact of the cultural environment when conducting business abroad. We currently have partner universities in India, China, Russia, Japan, the United Arab Emirates and Brazil and our portfolio of countries is rapidly expanding.

100% of our 2014 School of Management and Business graduates were in employment or further study 6 months after graduating (DLHE 2014). This reflects our investment in innovative and strategic, student-focused employability initiatives which encompass all our academic institutes and which we firmly believe are likely to improve our employability ratings still further.

The 2015 National Student Satisfaction survey results show significant improvement in many areas of our students' satisfaction. Students on courses in the School of Management and Business have reported high levels of satisfaction with the quality of teaching they received and with the learning resources to which they have access.

The Department of Mathematics maintained its position as one of the best departments in Wales in the most recent Research Excellence Framework (REF2014). The department returned almost 90% of our staff, the highest proportion of any Welsh mathematics department. Results show that 1 in 8 of our research outputs are world leading, and more than 60% are either world leading or internationally excellent. All of our research and the impact it has outside universities, was judged to be of international standard.

100% of our 2014 Maths graduates were in employment or further study 6 months after graduating. 71% were in professional work or graduate level education, above the UK av
erage for the subject (DLHE 2014). This reflects our investment in innovative and strategic, student-focused employability initiatives which encompass all our academic institutes and which we firmly believe are likely to improve our employability ratings still further.

The 2015 National Student Satisfaction survey results show high levels of satisfaction amongst Mathematics and Statistics students, with 84% reporting satisfaction with the quality of the teaching they received, and 92% satisfaction with learning resources (5 points above the UK average for the subject).

Some Mathematics modules are available through the medium of Welsh. Further details may be obtained from the Department of Mathematics.

Our Staff

Students at the Aberystwyth University School of Management and Business are taught by lecturers and other teaching staff who are active researchers and expert practitioners in their chosen subject area.

Over 75% of full time members of teaching staff are qualified to PhD level. Most are currently research active, meaning that students benefit from being taught ‘new’ knowledge in their chosen field of study as well as recognized literature. The School also employs part-time and full time staff devoted purely to teaching. Many part-time staff combine teaching duties with consultancy and business activities, ensuring that students have access not only to up to date research but the latest applied knowledge.

Most lecturers in the Department of Mathematics are qualified to PhD level and are research active. Many have a postgraduate teaching qualification.

Course Content

Welsh medium modules available

Please note: The modules listed below are those currently intended for delivery during the next academic year and may be subject to change. They are included here to give an indication of how the course is structured.

Year 1 Core (40 Credits) You must pass 100 credits overall to proceed to Part 2

Semester 1

Marketing Principles MM10120

Managing Finance MM11400

Semester 2

Managing Finance MM11420

Year 1 Core (20 Credits) The following modules are core:

Semester 1

Algebra MA10510

Calculus MA10610

Year 1 Options This CORE MODULE is offered bilingually: choose your preferred language. You must pass a minimum of 100 credits overall to proceed to Part 2

Semester 1

Introduction To Management MM11000

Cyflwyniad I Rheolaeth MR10500

Semester 2

Introduction To Management MM11020

Cyflwyniad I Rheolaeth MR10520

Year 1 Options This CORE MODULE is offered bilingually: choose your preferred language

Semester 1

Business Environment MM11200

Cyflwyniad I'r Amgylchedd Busnes MR10600

Semester 2

Business Environment MM11220

Cyflwyniad I'r Amgylchedd Busnes MR10620

Year 1 Options Mathematics Minor: Students must take (i) MA11010 and MA11110 or (ii) MA11310 with one of MA10310 and MP12910.

Semester 1

Probability MA10310

Semester 2

Further Algebra And Calculus MA11010

Mathematical Analysis MA11110

Statistics MA11310

Year 1 Options Welsh medium alternative modules

Semester 1

Tebygoleg MT10310

Semester 2

Algebra A Chalcwlws Pellach MT11010

Dadansoddi Mathemategol MT11110

Ystadegaeth MT11310

Cynllunio Gyrfa A Datblygu Sgiliau MT12910

Year 2 Core (60 Credits) You must pass a minimum of 100 credits to proceed to year 3

Semester 1

Firms, Markets And Pricing MM33220

Semester 2

Organisational Behaviour MM33120

Operations And Innovation Management MM33620

Year 2 Options This CORE MODULE is offered bilingually: choose your preferred language

Semester 1

Marketing Management MM30120

Rheolaeth Marchnata MR30720

Year 2 Options Mathematics Minor (FSS): Students must take 40 credits of MA modules; EITHER Block A OR Block B plus a further 10 credits of MA Level 2

Year 2 Options BLOCK A:

Semester 1

Real Analysis MA20110

Semester 2

Linear Algebra MA21410

Complex Analysis MA21510

Year 2 Options BLOCK B:

Semester 1

Distributions And Estimation MA26010

Year 2 Options Welsh medium alternative modules

Semester 1

Dadansoddiad Real MT20110

Semester 2

Algebra Llinol MT21410

Final Year Core (20 Credits) You must pass a minimum of 100 credits to proceed to year 3

Semester 2

Business Leadership And Corporate Responsibility MM34220

Final Year Options This CORE MODULE is offered bilingually: choose your preferred language

Semester 1

Human Resource Management MM33520

Rheolaeth Adnoddau Dynol MR33520

Final Year Options This CORE MODULE is offered bilingually: choose your preferred language

Semester 1

Business Strategy MM34020

Strategaeth Busnes MR34020

Final Year Options Mathematics Minor. Students must take 30 credits from Maths level 3 modules and another 10 credits from Maths level 2/3 modules.

Final Year Electives You must take 20 elective SMB credits

Semester 1

Work Experience MM38000

Semester 2

Strategic Marketing MM30320

Marketing Case Studies MM31220

Small Business Management And Entrepreneurship MM32220

Contemporary Issues In Management MM34520

Work Experience MM38020

Employability

Career prospects

A degree in Business & Management with Mathematics will prepare you for a career in business, which may stretch across any sector or industry. Career paths open to you include Chartered accountancy, investment banking, insurance, underwriting, and risk management, but your degree would also be useful in such professions as retail management, marketing management, distribution and logistics management, sales executive, and health service management. Many industries as diverse as chemicals, fashion, and construction all require functional managers with a clear understanding of systems, efficiency and operational issues, and opportunities for management and analysis roles will exist with employers in the private, public and voluntary sectors. Your specialist numerical and financial skills and capacity for analytical and logical thought will be an asset to any employer.

Transferable Skills

Studying for a degree in Business & Management with Mathematics will equip you with a range of transferable skills which are highly valued by employers. These include:

• research and data analysis skills
• enhanced mathematical and computational skills
• effective problem-solving and creative thinking skills
• a thorough grounding in information technology skills
• the ability to work independently
• time-management and organisational skills, including the ability to meet deadlines
• the ability to express ideas and communicate information in a clear and structured manner, in both written and oral form
• self-motivation and self-reliance
• team-working, with the ability to discuss concepts in groups, accommodating different ideas and reaching agreement

In addition you will gain:
• an understanding of organisational behaviour and structure
• an appreciation of the causes and effects of economic and other external changes

Year in Employment scheme (YES)
The University operates a Year in Employment Scheme (YES), which offers you a fantastic opportunity to take a year out between your second and third year to work in an organisation in the UK or overseas. YES provides a very rewarding and worthwhile experience, both personally and professionally, and can help you to stand out from the crowd in a very competitive job market. The University’s Career Service will help you to explore your options and secure a suitable work placement.

Teaching, Learning and Assessment

What will I learn?

In the first year you will be introduced to the fundamental principles of management and to an understanding of the business context in which they need to be applied. You will learn about the dynamics of the modern business environment, the use of financial and accounting information in management decisions at operational and strategic levels, marketing principles and the relationship between management and organisation. In Mathematics you will study core modules in algebra and calculus, with optional modules available in probability, statistics and mathematical analysis.

In the second year you will explore organisational behaviour and theory, human resource management, the theories and techniques of operations management, and market structures and pricing strategies. You will acquire the skills, analytical tools and techniques to identify and address problems and opportunities in business management and marketing. In Mathematics you will have a choice of two pathways, incorporating either real and complex analysis and linear algebra; or based around statistics and statistical methods.

In the third year you will study business strategy and how it functions within the wider internal and external business environment. You will also gain an understanding of current management thinking from both practical and theoretical perspectives. You will have a choice of elective modules in Mathematics, enabling you to specialise in particular areas.

How will I be taught?

Core material is delivered through lectures, and reinforced by small-group seminars and tutorials. These will help you to deepen your understanding of the subject matter and develop a range of essential, transferable skills. Group-working and delivering presentations will help you to improve your communication and leadership skills. All modules are backed up by electronic resources to help you study beyond the classroom, and a wealth of printed texts is available in the University library, and the National Library of Wales, which is situated next to the main campus.

You will be assessed by a variety of methods, including examinations, assessed essays, reports, projects and presentations. Coursework will develop your capacity to research, analyse and present data clearly and coherently, while seminars will help you hone your presentation and communication skills.

You will be assigned a personal tutor throughout your degree course, who will help you with any problems or queries, whether these are academic-related or personal issues. You should feel free to contact them at any time for help and advice.

You will also have the opportunity to complete a Personal Development Plan (PDP) at Aberystwyth. This is a structured process of self-appraisal, reflection, and planning, which will enable you to chart your personal, academic and professional development throughout your time at university. By recording your academic performance, and highlighting the skills you already have and those you will need for future employability, the PDP portfolio will equip you with the necessary tools to plan effectively, develop successful approaches to study, and consider your future career options and aspirations.

Student Views

Business & Management provides academic insight to firm behaviour within internal and external business environments enabling individuals to fully comprehend the wider context of operations within a global context in an informative yet interesting manner. It’s diverse as it examines a variety of business topics. Students get to experience economics, accounting, and marketing providing a sound grounding in wide variety of business areas that may be extended in the second and final years. The modules set individuals in good stead for understanding a variety of business functions. Andrea Jane Phillips

Maths is a great course with really friendly and approachable lecturers. The content is always really interesting, but challenging to the right extent. The whole department works effectively to offer all the facilities needed to gain a good degree. Jennifer O'Neil

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