programme approval form - king's college london · certificate economics and management 120 60...

Programme approval 2012/13

PAF Initially Approved:

PROGRAMME APPROVAL FORM SECTION 1 – THE PROGRAMME SPECIFICATION

1. Programme title and designation UBSH3SSEM

Economics and Management For undergraduate programmes only Single honours Joint Major/minor

2. Final award BSc

Award Title Credit value

ECTS equivalent

Any special criteria

BSc (Hons) Economics and Management

360 180 N/A

3. Nested award


ECTS equivalent


N/A N/A N/A N/A N/A

4. Exit award


ECTS equivalent


Ordinary Degree (BSc)

Economics and Management

300 150 n/a

Undergraduate Diploma


240 120 n/a

Undergraduate Certificate


120 60 n/a

5. Level in the qualifications framework

H

6. Attendance

Full-time Part-time Distance learning

Mode of attendance

n/a n/a

Minimum length of programme

3 years n/a n/a

Maximum length of programme

10 years n/a n/a

7. Awarding institution/body King’s College London

8. Teaching institution King’s College London

9. Proposing department Management

10. Programme organiser and contact Details

Professor Georgios Chortareas Tel: x4164 Email [email protected]

11. UCAS code (if appropriate) LN12

12. Relevant QAA subject benchmark/ Professional, statutory and regulatory body guidelines


13. Date of production of specification May 2013

14. Date of programme review 2019



15. Educational aims of the programme The programme seeks to provide a high quality education in Economics and Management in a research active and intellectually challenging environment. The specific aims are to:

Provide training in the principles of economics and their applications.

Develop an understanding that management is a broadly based social science and multi-disciplinary area.

To develop in students the ability to apply the knowledge and skills they have acquired to the solution of theoretical and applied problems in economics.

Equip students with appropriate tools of analysis to tackle issues and problems of economic policy.

Enable students to understand organisations, key aspects of their management, and the external environment in which they operate.

Provide students with a capacity for analysis, which will allow them critically to evaluate the impact and effectiveness of current management practices.

Allow students to tailor the programme to meet their needs by choosing to specialise in the final year or remain broadly based.

To develop in students, through the study of economics, a range of generic skills that will be of value in employment and self-employment, also contributing to their capacity for life long learning including the enhancement of students’ interpersonal and communicative skills.

Equip graduates with the knowledge and skill base from which they can proceed to further, more advanced, studies in economics, management, finance, and other related areas or in multidisciplinary areas that involve economics.

To generate in students an appreciation of the economic dimension of business issues but also wider social and political issues.

16. Educational objectives of the programme/programme outcomes (as relevant to the SEEC Credit Level Descriptors) The programme provides opportunities for students to develop and demonstrate knowledge and understanding and skills in the following areas:

Knowledge and understanding

The programme provides a knowledge and understanding of the following: Students will develop knowledge and understanding of the following areas covered in the core economics modules: 1. Students will obtain a critical

understanding of analytical methods, both theory and model-based.

2. Students will be able to appreciate the history and development of economic ideas and the differing methods of analysis that are used by economists.

3. Students will be able to understand

These are achieved through the following teaching/learning methods and strategies: Knowledge is acquired by students through a combination of lectures and guided student-centred learning. Lectures are normally employed to convey key information, demonstrate the broad structure of a topic, and explain more complex material. This provides an explanatory framework for student-centred learning, where a greater depth and/or breadth of knowledge is acquired through a combination of activities. These usually



and implement quantitative (mathematical and statistical) techniques as they are used in modern economics.

4. Students will be able to apply core economic theory and economic reasoning to applied business and policy issues.

5. Students will be able to understand verbal, mathematical, graphical, and econometric representation of economic ideas and arguments.

6. Students will be able to discuss, analyse and evaluate government policy and to relate differences in economic policy recommendations to differences in the theoretical underpinnings of the alternative approaches to economics.

7. Students will have the analytical tools to assess the performance of the UK and other economies as well as of the world economy.

8. Students will be able to use the appropriate techniques in order to analyse and interpret statistical data.

Students will develop knowledge and understanding of the following areas covered in the core management modules: 9. Aspects of, and inter-relationships

between: organisations, their management, and the environments within which they operate.

10. Key elements of the philosophy and methodologies underlying a social science approach to the study of management, emphasising their strengths and limitations.

11. The main subject areas of management, including: a. Organisation studies/human resource management

b. Marketing/strategic management c. Accounting and financial

management 12. Contemporary management issues,

highlighting recent developments in theory and practice.

13. Other specialist subject and skill areas, namely:

a. The legal, social, cultural and ethical context of business

b. Research and quantitative methods c. Ethical issues in the study of

encompass recommended reading, supplementary reading, and research for coursework assignments. They generally become more intellectually demanding as the degree programme progresses. Understanding is developed and embedded through a variety of guided student-centred learning activities, with particular emphasis on student preparation for, and active participation in, regular tutorial classes. These provide a focus for analysis of, and engagement with, recommended and supplementary reading. Formative coursework assignments are also designed to develop and embed understanding. The degree of optionality increases as the programme progresses, with students taking core and compulsory modules in all the main subject areas in years 1 and 2, together with a compulsory ‘integrative’ module in year 3. Assessment: All learning outcomes related to knowledge and understanding are assessed. Assessment methods are specified in each module outline. Formative assessment is provided both informally, through verbal feedback from tutors on students’ contributions in tutorial classes, and formally through written and verbal diagnostic feedback on coursework assignments. Summative assessment is achieved through examinations or coursework, or some mixture thereof. In many modules there is also a mark for tutorial attendance and participation. Care has been taken to maintain a balance between coursework and examinations in each year of the programme. Where it is used, coursework varies from module to module. In the management courses coursework usually consists of an open-ended essay question, case analysis, project work or presentation In the economics courses coursework typically consists of short and long essay questions which require analytical skills, multiple choice questions, case analysis, project work or presentation. In assessing the students’ performance emphasis is



economics and management d. Foreign languages (optional)

placed on how well students have structured their arguments, how they justify the use of the relevant theory or model, and the assumptions underling the theory/model. The successfully use of evidence by students is a crucial part of the reasoning that they are expected to provide. All the above forms are designed to provide students with scope to develop and demonstrate the extent of their in-depth knowledge and understanding of specific topics. Detailed diagnostic feedback on coursework is given on an individual basis, with general points arising from coursework discussed in lectures and/or tutorial classes. End of semester examinations are designed to assess students’ knowledge and understanding of material from the whole programme through the medium of unseen examinations.

Skills and other attributes

Intellectual skills: 1. Students will be able to synthesise and

critically evaluate a range of economic and business data and theories, including the capability to identify assumptions, evaluate statements in terms of evidence, define terms adequately and generalise appropriately.

2. Students will be able to create and assess a range of options, including the capacity to apply ideas and knowledge to a range of situations and integrate knowledge gained from different subject areas of management.

3. Detect false logic or reasoning and identify implicit values.

4. Students will obtain an adequate degree of numeracy since economists frequently use information that is presented in some numerical form.

5. Conduct research into economics and management issues, either individually or as part of a team for projects and/or presentations.

6. Demonstrate independence of mind and thought.

These are achieved through the following teaching/learning methods and strategies: All individual modules require students to utilise one or more elements of these intellectual skills in preparing material for tutorial classes and coursework assignments, participating in tutorial class discussions, and/or in answering some examination questions. These guided student-centred learning activities, in conjunction with formal and informal diagnostic feedback from lecturers/tutors, are therefore the primary channel through which intellectual skills are developed and embedded. The level of intellectual skill requirements becomes more demanding as the degree programme progresses. Assessment: Intellectual skill development is formally assessed through both coursework and examinations. Successful completion of most coursework assignments and



examinations requires students to demonstrate their abilities in one or more elements of these intellectual skills as part of the explicit or implicit requirements of specific coursework and examination questions. For example, most coursework and examination questions are designed to provide students with scope to demonstrate their analytical abilities. Moreover, the exam questions, research projects, and tutorial assignments of the economics modules involve a strong analytical and numerical component.

Practical skills: – an ability to: 1. Effectively identify, formulate and solve

problems, and make decisions, using appropriate quantitative and/or qualitative skills.

2. Use Communication and Information Technology (CIT) for business applications and learning, including locating, retrieving and analysing business and management information from a wide variety of sources.

3. Use models of business problems and phenomena, including dealing with complexity and uncertainty, and the requirements of different cultures and systems.

4. Use effectively interpersonal skills of negotiating, persuasion and presentation.

5. Use numeracy and quantitative skills, including data analysis, interpretation and extrapolation

These are achieved through the following teaching/learning methods and strategies: All individual modules involve students’ developing and utilising one or more of these practical skills in preparing material for tutorial classes and coursework assignments, actively participating in tutorial class discussions, and in answering some examination questions. These guided student-centred learning activities, in conjunction with both formal and informal diagnostic feedback from lecturers/tutors, are therefore the primary channel through which practical skills are developed and embedded. Some modules also explicitly develop some of these practical skills in the subject material delivered on the module. The nature of practical skill requirements becomes more demanding as the programme progresses. In addition to assessed modules, supplementary English and mathematics courses are made available in the first semester of year 1 for all students who receive an unsatisfactory grade on tests administered when they enrol, and for any other students who feel they would benefit from this additional support. Higher education study skills guidance is also specifically provided in all first year modules as well as through a bespoke online study skills package.



Assessment: Adequate development of practical skills is assessed partially indirectly and partially directly through successful performance in both coursework and examinations. Many coursework assignments and examination questions require students to explicitly utilise some of these practical skills, while the acquisition of adequate knowledge, and the development of sufficient understanding, in many modules will necessitate students utilising several of these key practical skills. For a number of modules these skills are also reflected in the marks for tutorial participation.

Generic/transferable skills: – a capacity for: 1. Effective self-management in terms of

time, planning and behaviour, motivation, self-starting, individual initiative and enterprise.

2. Learning to learn and developing an appetite for learning in a reflective, adaptive and/or collaborative manner.

3. Effective communication, oral and written, using a range of media which are widely used in business.

4. Self awareness, openness and sensitivity to diversity in terms of people, cultures, business and management issues.

5. Effective performance within a team environment, including: leadership, team building, influencing and project management skills.

6. Some of the subject-specific skills of the economics modules are characterised by a high degree of “transferability” as it is evidenced by the wide range of careers into which graduates in economics move. In other words, the economists’ toolkit is quite versatile and provides graduates with analytical tools which can be effectively used to deal with non-economics issues as well. These skills include the ability for abstract reasoning, i.e., the ability to simplify while still focused on the key aspects of the issue in hands. Economics employs logical analysis applied to assumption-based models

These are achieved through the following teaching/learning methods and strategies: Development and utilisation of generic/transferable skills are an element of every module on the degree programme, and are enhanced as students progress through their degree. For example, active participation in tutorial class discussions at all levels allows students to develop their communication skills, while time management is important as students must cope with a variety of module deadlines in the latter part of each semester. In addition to the generic/transferable skills developed through all modules, at level 1 there is an optional communications module. This gives students the opportunity to learn to express themselves more effectively both orally and also in written work. Groupwork takes place in tutorial classes on several modules and enables students to practice their interpersonal skills. Assessment: Successfully passing the assessment (whether coursework or examination, or some combination thereof) for all modules, and for the degree as a whole, requires students to utilise effectively generic/transferable skills 1, 2 and 3. Exposure to the multicultural learning environment and range of



and highly deductive reasoning. The quantitative element of economic analysis familiarises students with the effective organisation, presentation and analysis of data.

learning activities which will be experienced by all students successfully completing the degree develops generic/transferable skill 4. Adequate preparation for passing the assessed coursework and examinations in courses which utilise groupwork in tutorial classes requires students to effectively utilise generic/transferable skill 5. Therefore, while few modules explicitly assess generic/transferable skills, their assessment is contextualised through successful performance in A, B, and C above.

17. Statement of how the programme has been informed by the relevant subject benchmark statement(s)/professional, statutory and regulatory body guidelines The 2007 subject benchmark statement for Economics has been used to inform the knowledge, understanding and skills outcomes for the economics component of this programme. The 2007 subject benchmark statement for General Business and Management has been used to inform the knowledge, understanding and skills outcomes for the management component of this programme. The proposed programme, however, is more than a simple combination of modules from the two fields (economics and management). The design of the programme ensures that all core modules together cover the broad knowledge requirements of the benchmark statement of both fields. Optional modules then provide greater depth in selected areas, enabling students to determine their own balance between different elements of benchmark requirements and the two fields (economics and management).

18. In cases of joint honours programmes please provide a rationale for the particular subject combination, either educational or academic N/A Which is the lead department and/or School?



19. Programme structure

Please complete the following table and, if appropriate, to include joint, major/minor or other variations Code = code of each module available for the programme Title = title of each module available for the programme, plus its credit level and credit value Status = please indicate whether the module is introductory (I), core (Cr), compulsory (Cp), one or more of however many modules must be passed to progress (CrCp), (P) professional (i.e. module testing skills/competency that has no credit level or value but is a professional body requirement) or optional (O) for each type of programme. For postgraduate programmes use the "single honours" column Pre-requisite/Co-requisite = where appropriate please indicate whether the module is pre-requisite to another module or co-requisite by noting pre or co and the module code that it is pre/co-requisite to. Assessment = please indicate in broad terms the assessment for the module eg written examinations, coursework (Note: the availability of optional modules may vary slightly from year to year; the following are the modules available at the commencement of the programme)

Code Title Credit Level

Credit Value

Status (I, Cr, Cp, CrCp, P, O) for each type of module

Pre-requisite/ Co-requisite (Please note the module code)

Assessment

Single Joint Major/

Minor Single Joint Major/

Minor

Full-time Study

First Year

4SSMN138 Organisational Behaviour

4 15 Cp Exam/Coursework/TAP

4SSMN139 Sociology of Work 4 15 Cp Exam/Coursework/TAP

4SSMN135 Accounting & Financial Management


4SSMN136 Principles of Economics 4 30 Cp Exam/Coursework/TAP

4SSMN901 Mathematics for Economists


4SSMN902 Statistics for Economists 4 15 Cp Exam/Coursework/TAP

4SSMN116 Communication Skills 4 15 O Exam/Coursework/TAP

Also a Foreign Language Option (15 credits).



Students can take up to 30 additional credits from the above modules or from modules offered by the BSc in Economics. (Students can only take up to 30 additional credits over the programme).

Second Year

5SSMN930 Intermediate Microeconomics


5SSMN239 Microeconomics 5 15 Cp Exam/Coursework/TAP

5SSMN931 Intermediate Macroeconomics


5SSMN932 Introduction to Econometrics


5SSMN238 International Business 5 15 O Exam/TAP

5SSMN242 Principles of Marketing 5 15 O Exam/TAP

5SSMN933 Economics of Strategy 5 15 O Exam/coursework/TAP

5SSMN934 International Economics 5 15 O Exam/coursework/TAP

5SSMN936 International Trade 5 15 O Exam/coursework/TAP

5SSMN935 Econometrics Project 5 15 O Exam/Coursework/TAP

5SSMN228 Industrial Organisation 5 15 O Coursework/TAP

5SSMN215 Technology and Innovation

5 15 O Exam/Coursework/TAP

5SSMN216 Law & Management 5 15 O Exam/TAP

5SSMN220 Introduction to Entrepreneurship & Venture Capital

5 15 O Exam/TAP

5SSMN221 Contemporary Developments in Marketing


5SSMN223 Human Resource Management

5 15 O Coursework/TAP

5SSMN224 Corporate Finance 5 15 O Exam/TAP



5SSMN226 Government & Business 5 15 O Exam/Mid-Sessional Test

5SSMN229 Management Accounting 5 15 O Exam/TAP

5SSMN230 Managing your Career 5 15 O Exam/Coursework/TAP

5SSMN232 The Psychology of Entrepreneurship


5SSMN233 Work and Organisational Psychology


5SSMN256 Consumer Behaviour 5 15 O Exam/Coursework/TAP

Students must take 15 credits from the following modules: 5SSMN936 International Trade), 5SSMN935, 5SSMN228 Students must take 60 credits from the following modules: 5SSMN238, 5SSMN242, 5SSMN215,5SSMN216, 5SSMN220, 5SSMN221, 5SSMN223, 5SSMN224, 5SSMN226, 5SSMN229, 5SSMN230, 5SSMN232,5SSMN233, 5SSMN256, of which 30 credits must be from the following modules: 5SSMN238, 5SSMN242, 5SSMN224, 5SSMN229. Also a Foreign Language Option (15 credits) is available. Students can take up to 30 additional credits from the above modules or from modules offered by the BSc in Economics. (Students can only take up to 30 additional credits over the programme).



Third Year

6SSMN311 Applied Economics 6 15 O Exam/Coursework/TAP

6SSMN961 Applied Econometrics 6 15 O Exam/Coursework/TAP

6SSMN962 Money and Banking 6 15 O Exam/Coursework/TAP

6SSMN963 Economic Growth 6 15 O Exam/Coursework/TAP

6SSMN964 Games and Information 6 15 O Exam/Coursework/TAP

6SSMN965 Labour Economics 6 15 O Exam/Coursework/TAP

6SSMN318 Managerial Economics 6 15 O Exam/coursework/TAP

6SSMN966 Public Economics and Public Policy


6SSMN967 Health Economics 6 15 O Exam/Coursework/TAP

6SSMN968 Development Economics 6 15 O Exam/Coursework/TAP

6SSPP365 Advanced Macroeconomics


6SSMN309 Entrepreneurial Finance 6 15 O Coursework/TAP

6SSMN313 Investment Management 6 15 O Coursework/TAP

6SSMN315 Marketing Strategy and Planning

6 15 O Exam/TAP

6SSMN322 Project 6 30 O Coursework

6SSMN336 Corporate Social Responsibility

6 15 O Coursework/TAP

6SSMN344 Globalisation and Employment


6SSMN345 Organisational Change 6 15 O Exam

6SSMN348 International Human Resource Management

6 15 O Exam/TAP

6SSMN349 International Financial Systems

6 15 O Exam/TAP

6SSMN350 Communication in Organisations

6 15 O Coursework

6SSMN351 Governance and Accountability




6SSMN352 Financial Statement Analysis & Security Valuation

6 15 O Exam/Coursework

6SSMN354 International Marketing 6 15 O Exam/TAP

6SSMN355 Comparative Asian Business

6 15 O Exam/TAP

6SSMN358 Employment Law 6 15 O Exam/TAP

6SSMN359 Leadership: Theory and Practice

6 15 O Exam/TAP

6SSMN360 Strategic Management 6 15 O Exam/presentation

6SSMN361 Marketing Communications

6 15 O Exam/TAP

6SSMN362 Global Corporate Governance

6 15 O Exam/TAP

6SSMN364 Company Law 6 15 O Exam/TAP

6SSMN365 The Social Psychology of Financial Markets


6SSMN366 Technology Strategy 6 15 O Exam/Coursework/TAP

[Foreign Language Option]

15 O Varies

Students must take 120 credits from the above modules. Also a Foreign Language Option (15 credits) is available. Students can take up to 30 additional credits from the above modules or from modules offered by the BSc in Economics. (Students can only take up to 30 additional credits over the programme).

If a Masters programme, are level 6 credit levels permitted within the programme? N/A



Maximum number of credits permitted with a condoned fail (core modules excluded): 45

Are students permitted to take any additional credits, as per regulation A4; 5.8? No

Are there are any exceptions to the regulations regarding credits, progression or award requirements? (where relevant the information should also differentiate the particular requirements of pathways within a programme or nested/exit awards) In compliance with the Academic Regulations we may award an Undergraduate Diploma (UGDip) for students who do not satisfy our conditions for an honours or ordinary degree but do achieve 240 credits, or an Undergraduate Certificate (UGCert) for those who achieve 120 credits.

Other relevant information to explain the programme structure Please note that new students enrolling on the information provided on this section of the PAF will have these regulations stipulated throughout their programme of study. The only exception to this will be if there are changes made by Professional, Regulatory or Statutory Bodies that are noted to this programme. KCL BSc students studying in foreign universities on the Study Abroad exchanges should take at least 70% of their modules in the general area of economics and management. Those students will have credits - rather than raw marks - assigned to them in for those modules that they take at their host university, according to a tariff stipulated by the School of Social Sciences and Public Policy.



21. Marking criteria Marking for this programme is governed by the King’s College generic criteria

21. Will this Programme report to an existing Board, and if so which one? If a new Programme Board of Examiners is to be set up please note name of Board here The programme will report to the existing Boards. We propose, however, a new External Examiner.

22. Please confirm that the process for nominating External Examiners has commenced, and if known, note whom the nominated External Examiner(s) may be The process for nominating External Examiners has commenced. The nominated External Examiner is Professor Keith Pilbeam, Department of Economics, City University London. He has agreed to serve as an external examiner.

22. Particular features of the programme which help to reduce the barriers experienced by disabled students and ensure that the programme is accessible to all students who meet the entry requirements The programme works closely with the King’s College Disability Support Team to ensure that adequate provision is made to any student who requires additional support due to disability.



PROGRAMME APPROVAL FORM SECTION 2 – ENTRY QUALIFICATIONS

1. Entry profile

Academic criteria

GCSE

A in Mathematics

AS/A Level

AAA when the subjects do not include Maths or AAB when Maths is a choice. At least one Social Science or Humanities subject at A-level is also required.

Aptitude tests, plus English language requirements

Grade B in English at GCSE (or IGCSE) for home students. For EU/international students, the requirements are either: TOEFL (IBT - DI Code 0394): 100+ (with a minimum 24 in all skills), or: IELTS: 7 overall (with a minimum of 7 in all four skills) or, grade A in the Cambridge Certificate of Proficiency in English, or, SL6 in the International Baccalaureate.

Degree

BSc

Postgraduate degree

N/A

Professional Qualifications

N/A

2. Non-academic criteria

Community activities

Very Desirable We look for applicants who have participated as fully as possible in school, college or community life, making the most of the opportunities available to them and also those who have demonstrated some experience of society beyond their immediate environment.

Compulsory/ Very desirable/ Desirable

Scholastic activities Very Desirable We look for applicants with an enthusiasm for scholastic activities in general such as reading, debating, etc. Participation will be valued but achievement in these areas of interest will also be recognised. We are looking for enthusiasm for the programme disciplines but we also wish to recruit applicants who are attracted to the interdisciplinary nature of the King’s Economics and management programme.


General activities/interests (including potential award bearing)

Very Desirable We look for applicants who have varied extra-curricular interests and enjoy active participation in areas such as sport, music and the arts in general. Participation will be valued but any achievement in extra-curricular activities will also be recognised. King’s aspires to recruit applicants who will continue with their personal interests and contribute to the




vitality of the College community.

Paid or voluntary work

Desirable Although we do not require applicants to have been in paid or voluntary employment, we welcome applications from those with any experience of work within a business setting. We will also take into account experience gained by students who have part time employment whilst studying.


Work shadowing/ observation

N/A Compulsory/ Very desirable/ Desirable

Specific employment requirement

N/A Compulsory/ Very desirable/ Desirable

3. Interviewing policy

Are interviews offered?

Yes

Are all applicants interviewed?

No, in very exceptional cases candidates deemed to be borderline may be called for interview.

Are all those made an offer interviewed?

No. All admissions decisions are made on basis of information provided on UCAS application form.

What form does it take?

20 minute interview with Admissions Tutor and one other member of staff.

What is considered at interview?

Communication skills particularly in analysis and debate. Enthusiasm for an interdisciplinary programme. Exploring aspects of interviewee’s UCAS application form, particularly the Personal Statement.



PROGRAMME APPROVAL FORM

SECTION 3 – SUPPLEMENTARY INFORMATION Not all of the information in this section will be relevant for all programmes and for some programmes this section will not be relevant at all

1. Programme name BSc Economics and management

2. Is this programme involved in collaborative activity? Yes No If yes what type of Collaborative Provision is it (tick appropriate box)? Does the programme have an access/feeder Programme for entry into it? Does the programme have an articulation/ progression agreement for entry into it? Dual Award Franchised Provision Joint Award Partnership Programme Recognition of Study or Award of Credit through off-campus study or placement Staff and student exchange Validated provision Have the relevant stages and appropriate paperwork been approved and the paperwork forwarded onto QA&AA Office? Yes No Not applicable

v

v



3. If the programme is a joint award with an institution outwith the University of London, validated provision or franchised provision, has the necessary approval been sought from College Education Committee? Yes No Not applicable Please attach a copy of Part 1 of the Partner Profile and checklist submitted to the College Education Committee

4. Partnership programme - in cases where parts or all of the programme are delivered away from one of the College campuses by a body or bodies external to the College please provide the following details Name and address of the off-campus location and external body N/A Percentage/amount of the programme delivered off-campus or by external body Nature of the involvement of external body Description of the learning resources available at the off-campus location What mechanisms will be put in place to ensure the ongoing monitoring of the delivery of the programme, to include monitoring of learning resources off-site or by the external body? Please attach the report of the visit to the off-campus location

5. Recognition of study or award of credit through off-campus study or placement - please indicate how the time will be spent, the length of time out, the amount of credit and whether it is a compulsory or optional part of the programme Year abroad Year in employment Placement Other (please specify)

N/A N/A

N/A

N/A



Time spent …… I year Credit amount ……120 Compulsory/optional..…Optional

6. Please provide a rationale for any such time outside the College, other than that which is a requirement of a professional, statutory or regulatory body To offer opportunities for students to pursue economics and management studies in a different cultural context but as a fully integrated part of the programme.

7. Please give details if the programme requires validation or accreditation by a professional, statutory or regulatory body N/A Name and address of PSB Date validation/accreditation commenced: Frequency of validation/ accreditation Date of last validation/accreditation Date of next validation/ accreditation



PROGRAMME APPROVAL FORM SECTION 4 – ADMINISTRATIVE INFORMATION

1. Programme name Economics and Management

2. Programme code (for SDA use only)

3. JACS code

L100 and N200

4. Estimated intake 5. Campus

Low fee 53 (year 1), 50 (year 2), 65 (year 3)

High fee 7 (year 1), 10 (year 2), 15 (year 3)

Waterloo

6. Duration

When will the programme start (give month and year)

September 2014

Does the programme run: Sept – Jun, Sept – Sept, Jan – Dec, other (please specify)

Sept – Jun

Are there any other entry points to the programme and if so when

No

Are any years of the programme longer than standard, if so please give details

No

Does the programme follow standard term dates? If no what are the term dates?

Yes No

7. Finance

Major source of funding:

Yes No

HEFCE funded No

Funded entirely by student tuition fees (not HEFCE funded)

Yes

NHS Funded No

Other (please state)

Is the programme eligible for NHS bursary?

No

Price group for which the programme is approved

Should the fees be billed at the programme or unit level?

Level of fees if different from the standard level in the College’s fee schedule

No

X



8. Contributing departments/divisions/Schools (if the programme is not taught 100% by the “home” Department). Please note that % of contribution must be a fixed percentage not in a range (e.g. cannot be 0 – 20%)

Contributing Department/ Division/School

Nature of involvement % contribution to teaching

Department of Management (“home” Department)

Taught 100% by the “home” Department

100%



PROGRAMME APPROVAL FORM SECTION 5 – THE APPROVAL PROCESS

1. Programme name BSc in Economics and Management

2. Initial approval/consultation at the planning stage Initial approval by the Head of School*:……………………………. Date: ……………… (To include approval of business plan and marketing plan) Will the new programme require new ISS stock Yes No or facilities/systems? Will the new programme require any new resources Yes No (eg teaching space, staff, offices, additional support from central services?) If Yes to either of the above, please attach details plus signed approval from ISS and/or School Management Accountant, Academic Facilities Manager or other relevant College officer A document is attached from ISS indicating that the new required resources (e.g., stock of textbooks in the library, will be provided) Which other Departments/Schools have been consulted during the design of the new programme?

3. Approval by the School Education Committee (or its equivalent) Date programme approved:…………………. Signature of the Chair of the

School Education Committee*: … ……… Date: …15/08/13…. Signature of the CEC member of the School Teaching Committee*: ………………………………. Date:.………………. Name of the external peer: ………………………………………………………………… Signature*: …………………………………… Date:.……………….

4. Approval for joint honours programmes/jointly taught programmes Date programme approved by the other School(s): ………………… Signature of the Chair of the other School Education Committee(s)*: ………………………….. Date:……………………

*Electronic Signatures are acceptable – copy of email confirmation from External Peer/Specialist is also acceptable.

X

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PROGRAMME APPROVAL FORM SECTION 6 – EXTERNAL SPECIALIST ADVICE

1. Report of the external specialist Please include comments on the following: The nature of the interaction with the Department/School ie attendance at programme planning meetings, electronic communication, scrutiny of documentation: I have received the programme specification and outlines of the various modules and the full programme specification. The extent to which the programme meets a defined market need: The programme has a good mix of management and economics. This will give it a distinctive appeal in the market place. Management degrees usually have only a small component of economics while this programme offers a much higher percentage of economics and as such will appeal to students seeking a mix of economics and management skills. Subject content: The first year has a mixture of modules that will give the students on the programme a solid foundation in the disciplines of economics and management. Of particular note are the core modules in Maths and Statistics which are essential the further study of economics. The second year offers the students a wide range of modules and the intermediate micro and macro modules will deepen the students understanding of economics and the module in econometrics will improve their quantitative skills which are essential for the job market .I particularly like the range of choice for students so that they specialise either more on the management of more on the economics side of things if they choose. The subject content of the modules is a good mixture of theory and application which I think is essential in this type of degree. The final year offers a wide range of economics and management modules with students able to choose selection of modules that will build un their learning in years 1and 2. The modules are in line with what I would expect to see on a good programme in this area. Importantly there is a wide range of modules that students can choose including the possibility of a project that I am sure some students will appreciate. The fact that the project is not compulsory is a good idea as some students appreciate the opportunity of doing some research in the final year whereas other students prefer not to do a project. Engagement with the various points of reference of the national quality assurance framework such as the Framework for Higher Education Qualifications and subject benchmark statements, if applicable: As far as I can see the proposed programme is fully compliant with the QAA subject benchmark statements for Economics and Management. Engagement with the requirements of a professional, regulatory or statutory body, if applicable: The programme is not seeking accreditation with any particular professional, regulatory or statutory body and so no comments are needed. Any other comments:



Yes I think that the proposed programme is of an excellent quality and it will certainly attract students that are looking to gain a mixture of economics and management skills. I also think the proposed programme will mean that students will acquire an excellent mix of economics, management and quantitative skills that will equip them for the job market and should they choose to do so, further study at the postgraduate level. The fact that the programme will be in the School of Management at Kings will be a distinct advantage in the market place as the Department already has an excellent reputation for its BSc in Business Management programme. Since the School already has a number of economists and is also making a number of appointments in economics, this means the necessary expertise will be in place to ensure the programme has the expertise and support required.

Name: Keith Pilbeam Signature*:… Position: Professor Institution: City University London of International Economics and Finance Address: City University London…… Date:…30 May 2013…………..… Department of Economics Social Sciences Building City University London Whiskin Street London EC1R 0JD

*Electronic Signature is acceptable – copy of email confirmation from External Specialist is also acceptable.

2. Response of the department

programme approval form - king's college london · certificate economics and management 120 60...

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