International Foundation - Business

International Foundation Year is designed for students who either do not meet the entry requirements for direct entry (English level, school qualifications, etc.) or would like to gain additional subject or academic skills confidence prior to the start of their degree course.

International Foundation in Business provides an introduction to the world of economics and finance and guarantees progression onto BSc (Hons) Accounting and Finance or BSc (Hons) Business Management (subject to meeting the required criteria).

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The educational aims of the programme are to:

• Develop students’ fundamental knowledge and understanding of the relevant disciplinary elements in economics and management and related fields.
• Develop in students a broad range of transferable academic literacy, research and analytical skills to succeed in undergraduate study.
• Ensure that students have attained the prescribed level of English language competency to succeed on specified Lancaster University undergraduate programmes in related fields.
• To prepare students to operate effectively and autonomously within the framework of higher education.
• Develop students’ graduate attributes to optimize future employability prospects in a global environment.

The programme is subject to final confirmation and all applicants will be kept fully up to the date of any changes to the delivery of learning outcomes associated with the International Foundation Year. Please note that the list of topics is not exhaustive.

Modules

Teaching and assessment

Teaching is delivered via a combination of small group lectures, group-based tutorial coursework (oral and written presentation), and assessment is via individual coursework (oral and written presentation) and examinations. You will be encouraged throughout the stage of the study to undertake independent study to supplement what is being taught/learnt and to broaden your personal knowledge.

Progression Options

BSc (Hons) Business Management

Lancaster’s multi-disciplinary Business Management degrees offer you the chance to explore different aspects of business and management. Our Business Management degrees give you a broad and practical understanding of how businesses and managers operate. These programmes provide you with the opportunity to study a wider range of subjects providing you with a complete understanding of what is needed to work in the business.

You will be introduced to the concepts and theories of contemporary management and develop both the skills and awareness needed to be an effective manager. A key focus of the programme is the development of essential managerial skills such as:

• Teamwork
• Leadership
• Problem-solving
• Effective communication

Example modules may include:

• Data Analysis
• Business Analytics
• Marketing
• Accounting and Finance
• Strategic Management
• Leadership
• Human Resource Management
• Entrepreneurship

BSc (Hons) Accounting and Finance

Why do some companies soar and others go bust? How can profits go up while the share price comes down? Accountancy gets to the heart of these questions. If you love numbers and variety and want a sound technical knowledge and understanding of the business world, accountancy and finance could be your ideal degree.

We encourage you to pursue your interests, develop your strengths, and move towards your ideal career.

In your first year, you will study accountancy and finance using real-world data from actual companies. You will also discover more about economic issues such as inflation, cost and pricing.

Second-year core subjects include auditing, financial accounting, risk, corporate finance and management accounting for business decisions. You can also select from courses such as management decision making and advanced finance strategies like hedging. Your third year builds on this knowledge while offering specialist options such as ethics, investment and taxation.

Whether it’s a tech start-up or a multinational industrialist, every company needs an accountant. Your studies can also be a route into corporate finance and business. Many Chief Executive Officers (CEOs) began their careers as accountants.

Example modules may include:

• Introduction to Accounting and Finance
• Principles of Economics
• Accounting Information Systems and Auditing
• Principles of Finance
• Techniques for Management Decision Making
• Corporate Finance
• International Financial Management

Entry requirements

Please note that at present we are only able to accept non-EU students aged 18 years and over on enrolment. This age requirement does not apply for EU students or under 18 students living in Germany. If you have any questions, please get in touch.

English

The language of instruction at Lancaster University Leipzig is English. To enter the International Foundation Year, you must be able to demonstrate you are suitably proficient in English. The table below lists the IELTS results (or equivalent) that you need to enter our courses.

Please note that proof of German language is not required.

• IELTS Academic: 5.5. No band below 5.5
• TOEFL iBT: 72
• Pearsons: 51
• Country specific: For a full list of accepted English language tests/levels, please visit the Lancaster University website.