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MS10B1: RUNNING A BUSINESS (2019-2020)

Last modified: 07 Nov 2019 12:20


Course Overview

This short course is designed to enable the candidate to develop a broad knowledge and understanding of the skills and practices which will be needed to establish, develop and maintain a business as a self-employed person.

Course Details

Study Type Undergraduate Level 1
Session Full Year Credit Points 0 credits (0 ECTS credits)
Campus Aberdeen Sustained Study No
Co-ordinators
  • Dr Ian Robson

What courses & programmes must have been taken before this course?

  • Any Undergraduate Programme (Studied)

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

On completion of this course, the candidate will be able to:

Understand the need for and apply proper record keeping, develop and apply the structures and systems necessary to administer the business and maintain records.

  • Establish a budgeting system fit for running a business, and fit to meet the needs of accounting and taxation requirements.
  • Prepare a contract.
  • Understand contractual obligation.
  • Understand and comply with the fiscal obligations involved in running a business such as- taxation, VAT, and National Insurance regulations and responsibilities.

Market and promote a business – including print and digital media, social media and networking.


Details, including assessments, may be subject to change until 31 August 2023 for 1st half-session courses and 22 December 2023 for 2nd half-session courses.

Summative Assessments

There are no assessments for this course.

Formative Assessment

There are no assessments for this course.

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
FactualUnderstandUnderstand the need for and apply proper record keeping, develop and apply the structures and systems necessary to administer the business and maintain records.
FactualCreateEstablish a budgeting system fit for running a business, and fit to meet the needs of accounting and taxation requirements.
ProceduralCreatePrepare a contract and understand contractual obligation.
FactualUnderstandUnderstand and comply with the fiscal obligations involved in running a business such as- taxation, VAT, and National Insurance regulations and responsibilities.
ProceduralCreateMarket and promote a business – including print and digital media, social media and networking.

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