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Business and finance fundamentals in practice

This module is only available to learners who have completed and purchased Certificates of Achievement for all eight Massive Open Online Courses (MOOCs) in the ‘Business and Finance Fundamentals’ program available from FutureLearn. FutureLearn is a MOOC platform, wholly owned by The Open University, offering a diverse selection of courses from leading universities and cultural institutions from around the world.

Using lively case studies and interactive exercises, the module consolidates key lessons from each of the ‘Business and Finance Fundamentals’ MOOCs. You will demonstrate your skills and understanding by carrying out a series of workplace relevant tasks which address aspects of the learning from each MOOC. This module allows you to put the skills and knowledge you have acquired in your MOOC study into practice whilst also equipping you with study skills required for learning at undergraduate level. Assessment consists of a series of practical tasks which build into the assignment you submit at the end of the module.

On successful completion of this module you will gain 30 credits that can be counted towards a range of Open University qualifications.

Modules count towards OU qualifications

OU qualifications are modular in structure; the credits from this undergraduate module could count towards a certificate of higher education, diploma of higher education, foundation degree or honours degree.

Browse qualifications in related subjects

Module

Module code
BXM191
Credits

Credits

  • Credits measure the student workload required for the successful completion of a module or qualification.
  • One credit represents about 10 hours of study over the duration of the course.
  • You are 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 60 credits.
30
Study level
Across the UK, there are two parallel frameworks for higher education qualifications, the Framework for Higher Education Qualifications in England, Northern Ireland and Wales (FHEQ) and the Scottish Credit and Qualifications Framework (SCQF). These define a hierarchy of levels and describe the achievement expected at each level. The information provided shows how OU module levels correspond to these frameworks.
OU SCQF FHEQ
1 7 4
Study method
Distance Learning
Module cost
See Module registration
Entry requirements
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What you will study

You will have the opportunity to revise key content from the relevant MOOC in preparation for each task. You will be guided by various activities including interactive computer-marked assessment, questions, and reviewing program content that remains available to you as a registered learner on the FutureLearn platform who has purchased the required Certificates of Achievement.  In parallel to this process of consolidation and application, you will receive a grounding in study skills relevant to undergraduate learning. Over the 21 weeks of the module, your work will build towards the final assignment, ensuring that you have the opportunity to demonstrate the full range of your learning from the program.

This module requires 9-10 hours of study each week in addition to the 96 hours of study for the MOOCs.

Teaching and assessment

Study support

You will have access to online interaction with your fellow students, and to a Learning Advisor who will provide ‘light touch’ advice and guidance. Just as with your previous MOOC studies, all communication and learning on this module takes place online, putting you in the driving seat as an independent learner.

Contact us if you want to know more about study with The Open University before you register.

Assessment

The assessment details for this module can be found in the facts box above.

You must use the online eTMA system to submit your end-of-module assessment (EMA).

Future availability

Business and finance fundamentals in practice starts twice a year – in April and October. This page describes the module that will start in October 2018 and April 2019. We expect it to start for the last time in October 2020. 

Regulations

As a student of The Open University, you should be aware of the content of the academic regulations which are available on our Student Policies and Regulations website.

    Course work includes:

    End-of-module assessment
    No residential school


    Entry requirements

    To study this module, you must have completed all relevant MOOCs and obtained all eight Certificates of Achievement from the FutureLearn program ‘Business and Finance Fundamentals’ prior to the final date for registering on each presentation. You will be asked to provide proof of this via email once you have registered on the module. Further details of the program and its content are available from the FutureLearn website

    If you wish to study this module as part of an OU qualification, you will need to make sure that you meet the entry requirements for that qualification. If you start the BA (Honours) Business Management with this module, please note that the compulsory module An introduction to business and management (B100) must be your next module.

    If you have any doubt about the suitability of the module, please speak to an adviser.

    Register

    Start End England fee Register
    06 Apr 2019 Sep 2019 £699.00

    Registration closes 14/03/19 (places subject to availability)

    Register
    This module is expected to start for the last time in October 2020.

    Additional Costs

    Study costs

    There may be extra costs on top of the tuition fee, such as a laptop, travel to tutorials, set books and internet access.

    If you're on a low income you might be eligible for help with some of these costs after your module has started.

    Ways to pay for this module

    Open University Student Budget Account

    The Open University Student Budget Accounts Ltd (OUSBA) offers a convenient 'pay as you go' option to pay your OU fees, which is a secure, quick and easy way to pay. Please note that The Open University works exclusively with OUSBA and is not able to offer you credit facilities from any other provider. All credit is subject to status and proof that you can afford the repayments.

    You pay the OU through OUSBA in one of the following ways:

    • Register now, pay later – OUSBA pays your module fee direct to the OU. You then repay OUSBA interest-free and in full just before your module starts. 0% APR representative. This option could give you the extra time you may need to secure the funding to repay OUSBA.
    • Pay by instalments – OUSBA calculates your monthly fee and number of instalments based on the cost of the module you are studying. APR 5.1% representative.

    Joint loan applications

    If you feel you would be unable to obtain an OUSBA loan on your own due to credit history or affordability issues, OUSBA offers the option to apply for a joint loan application with a third party. For example, your husband, wife, partner, parent, sibling or friend. In such cases, OUSBA will be required to carry out additional affordability checks separately and/or collectively for both joint applicants who will be jointly and severally liable for loan repayments.

    As additional affordability checks are required when processing joint loan applications, unfortunately, an instant decision cannot be given. On average the processing time for a joint loan application is five working days from receipt of the required documentation.

    Read more about Open University Student Budget Accounts (OUSBA).  

    Employer sponsorship

    Studying with The Open University can boost your employability. OU courses are recognised and respected by employers for their excellence and the commitment they take to complete. They also value the skills that students learn and can apply in the workplace.

    More than one in ten OU students are sponsored by their employer, and over 30,000 employers have used the OU to develop staff so far. If the module you’ve chosen is geared towards your job or developing your career, you could approach your employer to see if they will sponsor you by paying some or all of the fees. 

    • Your employer just needs to complete a simple form to confirm how much they will be paying and we will invoice them.
    • You won’t need to get your employer to complete the form until after you’ve chosen your module.  

    Credit/debit card

    You can pay part or all of your tuition fees upfront with a debit or credit card when you register for each module. 

    We accept American Express, Maestro (UK only), Mastercard, Visa/Delta and Visa Electron. 

    Mixed payments

    We know that sometimes you may want to combine payment options. For example, you may wish to pay part of your tuition fee with a debit card and pay the remainder in instalments through an Open University Student Budget Account (OUSBA).


    For more information about combining payment options, speak to an adviser or book a call back at a time convenient to you.


    Please note: your permanent address/domicile will affect your fee status and therefore the fees you are charged and any financial support available to you. The fees and funding information provided here is valid for modules starting before 31 July 2019. Fees normally increase annually in line with inflation and the University's strategic approach to fees. 

    This information was provided on 15/10/2018.

    What's included

    All module materials are provided online via the module website.

    You will need

    A calculator.

    Computing requirements

    A computing device with a browser and broadband internet access is required for this module.  Any modern browser will be suitable for most computer activities. Functionality may be limited on mobile devices.

    Any additional software will be provided, or is generally freely available. However, some activities may have more specific requirements. For this reason, you will need to be able to install and run additional software on a device that meets the requirements below.

    A desktop or laptop computer with either:

    • Windows 7 or higher
    • macOS 10.7 or higher

    The screen of the device must have a resolution of at least 1024 pixels horizontally and 768 pixels vertically.

    To participate in our online-discussion area you will need both a microphone and speakers/headphones. 

    Our Skills for OU study website has further information including computing skills for study, computer security, acquiring a computer and Microsoft software offers for students. 

    If you have a disability

    The OU strives to make all aspects of study accessible to everyone and this Accessibility Statement outlines what studying BXM191 involves. You should use this information to inform your study preparations and any discussions with us about how we can meet your needs.

    To find out more about what kind of support and adjustments might be available, contact us or visit our Disability support website.