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International Stage One - Business and Economics

The IS1 in Business and Economics will give you a grounding in the basics of business, encompassing key economic, legal and management principles. You will also develop maths skills that are vital for understanding accounting practices.

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Course overview

The IS1 is the equivalent of the first year of a four-year Scottish undergraduate degree. This pathway is designed to help you develop your academic knowledge and skills within business and economics. You will also focus on improving your English academic literacy in preparation for continuing onto your chosen University of Dundee undergraduate degree. Studied across three terms, you will continue straight onto year two of your degree course at the University of Dundee once you have completed the pathway.

Entry Requirements

Key Information

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Duration

4 years:

1 year pathway + 3 year degree

Start Dates

September

Pathway Tuition Fee

£12,995.00 – £18,695.00
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Study Location

Course English Language Requirement
One Term IELTS 6.0 overall with 5.5 minimum in all components
Two Terms IELTS 5.5 overall with 5.5 minimum in all components

What you will study

Alongside core modules, you will study subject-specific modules that will equip you with a foundation of knowledge for your chosen field of study.

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Modules you will study

This module provides a sound foundation in statistical knowledge and skills and covers an introduction to probability, hypothesis testing, the interpretation of data in context, the application of data to problem-solving, and experimentation.

This module provides the appropriate foundation in economic theory and focuses on the economic decision-making by individuals and businesses. The main topics covered include demand and supply, the operation of the price mechanism, productivity and profits, division of labour, scarcity, choice and allocation of resources, market structure, consumer demand theory, perfect competition, monopoly and oligopoly.

Students study basic models of the economy starting with a closed economy model that investigates the links between investment, government spending, taxation and consumption on the occurrence of unemployment and then progressing to an open economy model which also looks at the influence of international trade.

This module covers accounting records and their source materials, double-entry bookkeeping, checking accuracy and preparing a trial balance, calculation of key ratios and interpreting a Statement of Financial Position and Income Statement.

This module focuses on the techniques of management accounting that are used to collect, process, and present financial and quantitative data within an organisation to aid performance management, cost control, planning and pricing and, through these, the process of managerial decision-making.

This module looks at business structure and the impact of internal and external factors on business growth and development. It introduces students to different approaches to management and leadership within businesses, and how thinking about management has developed over time. Marketing is used as a context into which to look at businesses’ responsiveness to the market and the need for strategic planning.

This module looks at financial management in business and personal contexts. Students are introduced to the ways in which businesses are financed; how their financial performance is monitored and controlled; and how international and national factors may impact them.

Continuation degrees

This study route offers you a pathway to the following degree course

BSc (Hons)
International Business in Practice
Gain a degree in International Business in three years. A new approach for a Scottish University, mirroring the three year degree length on offer throughout the rest of the UK.
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BSc (Hons)
Business Economics
Gain a degree in Economics in three years. A new approach for a Scottish University, mirroring the three year degree length on offer throughout the rest of the UK.
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BSc (Hons)
Applied Finance in Practice
Gain a degree in Applied Finance in three years. A new approach for a Scottish University, mirroring the three year degree length on offer throughout the rest of the UK.
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BSc (Hons)
Business Management
Get a broad, analytical, integrated, and general business management education as well as valuable industry experience
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BSc (Hons)
Economics
Economics focuses on the macroeconomic challenges of national, regional, and global economies with the microeconomics behaviour of people and businesses
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BSc (Hons)
Economics
Economics focuses on the macroeconomic challenges of national, regional, and global economies with the microeconomics behaviour of people and businesses
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MA(Hons)
International Business with Marketing
Focus on the external factors affecting global business operations in a course designed for those who wish to specialise in marketing.
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MA(Hons)
International Business with Spanish
Develop your Spanish skills while studying global business operations in a course designed for those with an interest in the arts and social sciences
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MA(Hons)
International Business and International Relations
Study the external factors affecting global business operations and also conflict and cooperation between nations
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MA(Hons)
International Business with French
Develop your French skills while studying global business operations in a course designed for those with an interest in the arts and social sciences
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MA(Hons)
International Business
Focus on the external factors affecting global business operations in a course designed for those with an interest in the arts and social sciences
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MA(Hons)
International Business and Environmental Sustainability
Learn about the external factors affecting global business operations and biodiversity, renewable energy and global warming
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MA(Hons)
Financial Economics
Study financial markets and how societies attempt to make the best use of their resources to improve decisions and outcomes.
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MA(Hons)
Financial Economics with French
Develop your French and also study financial markets and how societies make best use of their resources to improve decisions and outcomes.
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MA(Hons)
Financial Economics with Spanish
Develop your Spanish and also study financial markets and how societies make best use of their resources to improve decisions and outcomes
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MA(Hons)
Economics with Spanish
Study Spanish alongside the macroeconomic challenges of national, regional, and global economies with the microeconomics behaviour of people and businesses.
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MA(Hons)
Business Economics with Marketing with Spanish
Study economics and the wider business environment, with a focus on marketing in today’s multi-channel environment, combined with Spanish.
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MA(Hons)
Economics
Examine how economic factors shape our world and learn to analyse and explain complex data to different audiences
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MA(Hons)
Economics and History
Get a historical perspective on economics and an insight into past decisions that have shaped society.
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MA(Hons)
Economics and International Relations
Examine the macroeconomic challenges of economies, the microeconomic behaviour of people and businesses, with the study of state conflict and cooperation.
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MA (Hons)
Economics & Politics
Economics involves analysing, researching, and advising on policies that shape society, plus discover the intricacies of British and international politics
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MA (Hons)
Business Economics with Marketing & Psychology
Study economics and the wider business environment, with a focus on marketing and discover how the human mind works from infancy to old age
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MA(Hons)
Business Economics with Marketing & Geography
Study economics and the wider business environment, with a focus on marketing, plus social and physical sciences to understand major challenges facing the world
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MA (Hons)
Business Economics with Marketing & History
Study economics and the wider business environment, with a focus on marketing plus history from the early modern period through to the present day
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MA(Hons)
Business Economics with Marketing & Mathematics
Business Economics focuses on economic concepts, theories, and principles. Learn how these are applied to various business activities inside businesses or cooperations and across the wider business world.
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MA(Hons)
Business Economics with Marketing & Politics
Study economics and the wider business environment, with a focus on marketing and learn to make sense of the complexities around political debate.
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MA(Hons)
Business Economics with Marketing and French
Study economics and the wider business environment, with a focus on marketing in today’s multi-channel environment combined with French.
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BSc (Hons)
International Business with Spanish
Develop your Spanish skills while studying global business operations in a course designed for those who wish to specialise in business
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MA(Hons)
Business Economics with Marketing
Study economics and the wider business environment, with a focus on marketing in today’s multi-channel environment.
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BSc (Hons)
Mathematics and Financial Economics
Use mathematical modelling and application-driven maths to explore the exciting and diverse subject of economics but with a specific focus on the financial side of it.
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BSc (Hons)
International Business
This course is designed for those students who want to study more business-specific subjects. In the first two years, students will focus on business, management, economics and finance-related core modules.
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BSc (Hons)
International Business with French
Develop your French skills while studying global business operations in a course designed for those who wish to specialise in business
Learn More
BSc (Hons)
International Business with Marketing
Focus on the external factors affecting global business operations in a course designed for those who wish to specialise in marketing and business
Learn More
BSc (Hons)
Economics
Economists examine how societies attempt to make the best use of their scarce resources so that they can advise governments, individuals, and companies on how to improve decisions and outcomes.
Learn More
BSc (Hons)
Financial Economics
Study financial markets and how societies attempt to make the best use of their resources to improve decisions and outcomes
Learn More
BSc (Hons)
Mathematics and Economics
Apply mathematical models and application-driven maths to inform decisions made by governments, individuals and companies
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BSc (Hons)
Business Economics with Marketing
Study economics and the wider business environment, with a focus on marketing in today’s multi-channel environment
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BSc (Hons)
Business Management
In this course, students will examine how international businesses start, operate, adapt, and grow. You will learn how to put business management techniques and models into practice and understand their limitations.
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Supporting students to success

Learn more about what our students have to say when studying across our education network.

As DMUIC is situated in England’s most vibrant and multicultural city, I had the opportunity to make friends from different countries. The most amazing thing was that the DMUIC staff including all teachers and the office persons were very motivational and welcoming. They provide the best routes for study to every individual.”

Syed Asim Pakistan , De Montfort University International College (DMUIC)

I’ve enjoyed studying at DMUIC, the tutors are excellent and have helped me settle into life as a university student. They are also really supportive and have helped myself and other students with other issues outside of the classroom such as accommodation.

Nafisa Bangladesh , De Montfort University International College (DMUIC)

I have successfully progressed onto my degree course at the University of Bradford because of UBIC's reliable policies and teaching programme. To the new students, those who just started their foundation at Bradford International College, I must say you are going to pass the class, the only thing required is your attention and leave the rest on UBIC's staff because they are the one that are going to lead you to a brilliant future as it is a pathway to success.

Shoaib Pakistan , University of Bradford International College

I have a lot of international friends here at BUIC, and I’ve learnt so much from them. There is always a lot to do together both on and off-campus.

Sagar Nepal , Bangor University International College (BUIC)

I would recommend UGIC because it is based on the main University of Greenwich campus, a cosmopolitan university. At UGIC, there are students from all around the world, and I've made a lot of friends from exciting places."

Gozel Turkmenistan , University of Greenwich International College

I think one of the main reasons the IIM (pre-masters) has been so helpful is because the staff are so supportive and are always able to help me. Whether it is understanding a module or finding out how to sort accommodation, they will help you with everything. I’ve enjoyed studying at Bangor, the people are friendly, and the environment is also really peaceful and safe. It’s given me the best opportunity to succeed in my studies here in the UK.

Tong Tong China , Bangor University International College (BUIC)