Lancaster ISC students in the classroom at the ISC

International Foundation Year in Business and Management Studies

Business and Management Studies

An International Foundation Year in Business and Management Studies leads to a choice of degrees at Lancaster University Management School (LUMS) – one of the top 100 business schools in the world. To prepare for your degree, you will study subject modules and core English language modules. Degree options include Accounting, Business Studies, and International Business Management. 

Is this programme for me?

A business degree from a high-ranking university like Lancaster can help you to achieve great things in your career. To get the most out of your degree from a UK university, this pathway programme will introduce you to how businesses operate and how to prepare and interpret financial accounts.

Other areas of study include economic policies, and international trade. Throughout the course, you will develop analysis and evaluation skills, and apply your knowledge to real-world situations.

What will I study?

You will study core modules within the International Foundation Year programme alongside subject specific modules designed to help you on your degree.

Core modules focus on your English language and university-level study skills. At the end of the programme you will feel confident in taking notes, writing essays, giving presentations, and contributing to discussions. Study areas include:

Academic English Skills*

  • develop your English communication skills
  • presenting and seminar preparation
  • time management and organisational skills
  • meeting deadlines and responding to feedback

Project and research skills

  • a self-study project related to your undergraduate degree
  • completed over two terms.

*Subject to approval

Subject modules that relate to Business and Management give you the academic knowledge and confidence you need to progress to your chosen degree.

Study areas include:

Core Mathematics

  • Algebra
  • Statistics
  • Understanding mathematical terms and techniques
  • Problem solving in real-life situations

Business Studies 1 & 2

  • Business set up
  • Leadership
  • Management
  • Marketing and operations
  • Operational and strategic challenges

Economics 1 & 2

  • Economic systems, economic policies
  • Types of goods, types of market
  • Allocation of resources
  • Price controls; Cost and revenue
  • Economies of scale; Market failure
  • Aggregate demand; Aggregate supply
  • Inflation, Unemployment
  • International trade; Development economics

Introduction to Financial Accounting

  • Double entry bookkeeping
  • Preparing financial statements
  • Preparing trial balances
  • Profit and loss statements
  • Depreciation
  • Limited companies
  • Interpreting accounts

Study plans

Why study the International Foundation Year in Business and Management at Lancaster?

  • High student satisfaction – so we know you will enjoy your degree.
  • Progress to a choice of degrees highly regarded by the Financial Times, Forbes, The Economist and more.

Progressing to your degree

You will progress to your chosen degree when you have completed your Foundation Year and achieved the grades you need.*

Lancaster University Management School (LUMS)

LUMS is one of the top ten business schools in the UK, and one of the top 100 in the world. It is one of only a few business schools in the world to hold triple accreditation from AACSB, EQUIS and AMBA.

Degree options

LUMS is one of the top business schools in the UK, and often ranked top 100 in the world. It is one of only a few business schools in the world to hold quadruple accreditation from AACSB, EQUIS, AMBA and the Small Business Charter.

To see all degree options, visit our progression degrees page.

Kishern from Malaysia

* Please note the degree aim / selected degree path is not fixed or guaranteed. During your first term at the International Study Centre you will be asked to select three degree choices from progression list. You will receive a conditional offer, this offer will be made unconditional on successful completion of the course and on achieving the required progression grades.

Key facts

Course length

Three terms

Entry points

October and January

Visit our term dates page for specific dates.

Entry requirements

Visit our entry requirements page to learn more.


Visit our fees page to learn more.

Top rankings

12th in Accounting and Finance

14th in Business Studies

The Times and The Sunday Times Good University Guide 2021