An excellent follow on to BZX628 - Managing 1 - Organisations and people.
I enjoyed the course, and doing this on the web was not a problem - the student forums were well used, and I enjoyed talking to people.
Ultimately I got grade 2 passes in both, and given my job and commuting gave me little time for this course, I was thrilled!
You do have to do some tasks every week - so be warned. It can be difficult to catch up if you have a busy schedule. But don't let that put you off - the fact I have the professional certificate in management, and the modules count towards my degree make this and the 2 related courses excellent value.
Course starting: November 2011
Review posted: March 2013
I really enjoyed this course because it involved solving marketing and finance problems within a business. PBL suited my learning style because solving problems helped me to internalise the course materials. I currently run my own business and wanted to learn the basics of marketing in order to increase sales. In the current economic climate its good to be educated about marketing and finance.
The first half of the course teaches you the basics of marketing. Once you understand these you then turn to analyse the finance. I learned how to analyse my own accounts in a variety of ways. I learned where savings could be made, the amount of time taken to sell stocks, the most productive months of the year and which time to plan for a holiday. I have already put some theory into practice and increased sales as a result.
Knowledge really is power! I recommend this course to anyone running their own business or aspiring to be in marketing or finance as a manager. You need some work experience and access to some financial information. I scored 83% in my ECA. It all fits together in the end - marketing and finance go hand in hand.
Paul Anthony Hollyoak
Course starting: November 2010
Review posted: August 2011
I would recommend choosing this course with great care - It is a good course, if it's what you expect. It wasn't quite what I expected and consequently I struggled somewhat on the Finance side of the course. I absolutely loved the Marketing side of this course! This was the first half of BZX629 and it was highly enjoyable! This was because it suited me (I'm creative) and it was a logical follow-on to BZX628 which I really enjoyed as well.
The Finance side of the course is where it went wrong for me. It wasn't the mathematics - it's fundamental math - but understanding how accountants work out what was a bit daunting, bordering on boring. This is no fault of the course - it just didn't suit me at all. If the OU were to break this module into two separate modules it may have more appeal.
I am a little annoyed that after scoring decently in the 2 x TMAs and after spending a SOLID WEEK on the ECA (now EMA) that I only got a grade 4 pass. I'm pretty sure it was because I worked in the public sector and putting the theory into the Finance side of the course is going to be difficult for those who work the public sector; UNLESS you make purchasing / cost decisions in your organisation. If you're an aspiring manager or team leader and you cannot get access to figures in your department, you will struggle with this course.
I tried valiantly on my ECA to write-off my lack of finance knowledge of my organisation to no avail. I'm bitterly disappointed with my final result and may jettison the module entirely from my degree, as the result does not reflect how much I put into the course, nor how much I got involved with the online forums and/or live tutorials and/or encouraged other students. In fact, the online forums where other students got involved kept me going! Their support was invaluable and I know I wasn't alone with not enjoying the Finance side of this course.
That aside, it is a well-structured course and the depth of knowledge gained is invaluable. Just read that course description fully and appreciate that the second-half of the course is only going to be enjoyable if you want to learn how companies work out their accounts/profit-and-loss scenarios. Note too, that you will need a headset to take part in any live tutorials in the Eluminate software that the OU provide. You may need a faster computer than the one I used; I was running Windows XP and it really struggled. Windows Vista or Windows 7 will be fine with Eluminate.
I hope this helps anybody considering this course and I hope I haven't put you off as this isn't my intention. The first half of this course I truly enjoyed; the second half I didn't and it affected my overall result.
Course starting: May 2010
Review posted: January 2011
This course was very useful and filled in the gaps in my finance knowledge very well.
However I will say that the way the course material is written for the finance section is extremely difficult to make sense of. The reader first has to make judgement calls on what each figure represents prior to being able to attempt the exercises. Would it be too simple to state that X = Sales, Y = creditor funds etc.
There was one exercise (for the imaginary musical instruments company) where depending on how you interpreted the quite vague text you could have come up with one of a dozen different results. This wouldn't be too bad if the tutor was able to give explicit feedback but as they can't it was a highly frustrating and annoying period of study.
I'm not asking for the answers to be laid out but when you are trying to grasp the concepts initially then perhaps not having the copy written by the man who devises the times crossword might be a little more beneficial for the students.
Course starting: November 2009
Review posted: October 2010
This course was more difficult for me as I am not really "finance" person and do not have opportunity to apply gained knowledge at my work. However it was intensive course, I do have some gaps in my knowledge but all in all, it was very well presented to students.
The big help was actually the course forum where everybody could post their questions or concerns. Learning from fellows helped me to understand some financial theories better, therefore I'm very thankful for all devotion and dedication of tutor and students.
Course starting: November 2009
Review posted: October 2010
Each of the views expressed above is an individual's very particular response, largely unedited, and should be viewed with that in mind. Since modules are subject to regular updating, some of the issues identified may have already been addressed. In some instances the faculty may have provided a response to a comment. If you have a query about a particular module, please contact your Regional Centre.
The figures below are taken from a survey of students who sat the exam/completed the end of module assessment for the 2011E presentation of BZX629. The survey was carried out in 2011. 30.0% of our students responded to the survey covering what they thought of 10 aspects of the module. See this page for the full text of questions and more information about the survey.
|Overall, I am satisfied with the quality of this module||100.0 %|
|Overall, I am satisfied with my study experience||90.9 %|
|The module provided good value for money||90.0 %|
|I was satisfied with the support provided by my tutor/study adviser on this module||95.5 %|
|Overall, I was satisfied with the teaching materials provided on this module||95.5 %|
|The module met its stated learning outcomes||95.5 %|
|I would recommend this module to other students||95.5 %|
|The module met my expectations||95.5 %|
|I enjoyed studying this module||90.9 %|
|Overall, I was able to keep up with the workload on this module||77.3 %|
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