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Foundation Degree in Retail Management


The Open University old

Summary

Price
Enquire to get more info on pricing
Study method
Distance learning
Duration
4 years · Self-paced
Qualification
No formal qualification
Additional info
  • Tutor is available to students

Overview

Retail is a dynamic, global industry – with innovative new markets constantly emerging to keep pace with increasingly sophisticated consumer behaviour. This foundation degree will equip you with the knowledge and skills needed to succeed in this competitive world. You’ll gain a clear understanding of the key management functions of a retail business and its trading environments, together with a sound knowledge of business disciplines, management practice and development of people.

Key features of the course

  • Examines retail operations, processes, structures and cultures 
  • Considers wider issues such as trading relationships, environments, and markets 
  • Develops a wide range of transferable skills that enhance employability
  • Builds a solid foundation for further study.

 

Description

Course details

This qualification has two stages, each comprising 120 credits. Stage 1 provides the underpinning knowledge and skills needed for more advanced study at Stage 2.

Stage 1 (120 credits)

You’ll begin by asking the question ‘What is a business?’ and exploring the business functions of human resource management, marketing, accounting and finance. Then you’ll be introduced to the skills of work-based learning, providing a stimulating link between study and your day-to-day working life. Finally, you’ll explore the fundamentals of retail management and marketing, completing this stage with a free choice option.

Compulsory modules (90 credits)

  • An introduction to business studies (B120)

    This module introduces internal and external elements of a business, explains the context in which a business operates, and explores common aims and characteristics.

     

  • An introduction to retail management and marketing (B122)

    Develop your knowledge of retail management and marketing by exploring the principle theories and concepts of retailing and examining the issues and challenges faced by retailers.

     

  • Working and learning: developing effective performance at work (BU130)

    An introduction to the skills of work-based learning – WBL – which provides a stimulating link between academic study and your day-to-day working life. 

or

  • Working and learning: developing effective performance at work (BUXS130)

    A version of BU130 specifically designed for people working in delivering public services

Optional module (30 credits)

You'll complete this stage with 30 credits from any OU level 1 module. 

Stage 2 (120 credits)

Stage 2 develops your understanding of wider organisational contexts and your skills in analysing and applying concepts.  You’ll explore key business functions in context, examining organisational practices, processes and thinking, with a strong emphasis on practice-based learning. Finally, you’ll investigate issues of leadership, change and influence in retailing – exploring how to initiate and carry through improvements and projects in your current work setting. 

A nationally recognised qualification in its own right, the foundation degree is also equivalent to the first two thirds of an honours degree.


Learning outcomes, teaching and assessment This qualification develops your learning in four main areas:

  • Knowledge and understanding
  • Cognitive skills
  • Practical and professional skills
  • Key skills

The level and depth of your learning gradually increases as you work through the qualification. You’ll be supported throughout by the OU’s unique style of teaching and assessment – which includes a personal tutor to guide and comment on your work; top quality course texts; e-learning resources like podcasts, interactive media and online materials; tutorial groups and community forums.

 

Questions and answers

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.