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

  • train your language and related academic skills
  • develop the accuracy and range of your written and spoken language
  • your studies will be supported by an online learning platform to develop and extend your language and academic skills outside the classroom
  • Academic English programme is validated by UK ENIC, the UK government agency responsible for providing information and expert opinion on qualifications and skills worldwide.

Project and research skills

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

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.

Why join this November?

Join us in November and stay on track to progress to your degree in September 2023.

By starting the 3-term International Foundation Year in November, you will benefit from three additional weeks of study and life skills before commencing your main pathway programme in January 2023. There will be no additional tuition fee for this period, and this will provide you with a great opportunity for an enhanced student experience focusing on three key areas: orientation; practical support and academic and digital skills. Topics will include a digital skills health check; managing your money; practical tips on finding study and life balance; and an introduction to assessments in UK higher education.

What will I study in the additional three weeks?  

You’ll benefit from a 15-hour per week face-to-face classes, allowing you to:

  • feel more confident and better prepared for the start of your January programme of study
  • practice your English by interacting with the fellow students and build friendships
  • assess your own digital skills proficiency
  • meet the key Centre staff who will provide advice for success
  • familiarise yourselves with the support available
  • apply a range of academic study skills to meet your individual needs
  • have more time to adapt to the UK life and settle in before you begin your January programme.

Are there any additional cost or fees?

There will be no additional tuition fee, as November starts will have the same tuition fee as the respective January programme. However, there will be additional costs to consider, as expected with being in the UK for a longer period (i.e. accommodation). If you request accommodation on your application form, our Central Student Support Team will contact you directly in October regarding the options available.

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, November 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

16th in Accounting and Finance

15th in Business Studies

The Times and The Sunday Times Good University Guide 2023

New November start

If you want to be better prepared for the start of your January programme of study, join us in November.