BSc Management (Innovation, Strategy and Entrepreneurship)

Year of entry: 2024

Course unit details:
Marketing Strategy

Course unit fact file
Unit code BMAN31302
Credit rating 20
Unit level Level 3
Teaching period(s) Semester 2
Available as a free choice unit? No

Overview

This unit provides a comprehensive overview of key concepts and theoretical perspectives on marketing strategy. It is also practical that students get to:

  • Apply the concepts and theoretical perspectives in a realistic business simulation environment. They learn to analyse and interpret different types of data. 
  • To assess and understand how marketing strategy contributes to organisational performance

Pre/co-requisites

Unit title Unit code Requirement type Description
Marketing Management BMAN24281 Pre-Requisite Compulsory
Marketing Communications in the Digital Age BMAN24352 Pre-Requisite Compulsory
BMAN24352 OR BMAN24281 is a Pre-Requisite of BMAN 31302 Only available to students on: Mgt/Mgt Specialism; IMABS; IM and ITMB/ITMB Marketing Specialism.

Pre-requisites: BMAN24281 OR BMAN24352

Pre-requisite course unit have to be passed by 40% or above at the first attempt unless a higher percentage is indicated within this course outline.

 

Aims

  • To provide a comprehensive understanding of the concepts and theoretical perspectives regarding marketing strategy
  • To apply key concepts and theoretical perspectives of marketing strategy within increasingly data and analytics-driven contemporary business environments
  • To assess how marketing strategy contributes to organisational performance.

Learning outcomes

At the end of the course, students should be able to:

  • Identify the underlying concepts and theoretical perspectives of marketing strategy
  • Explain the scope and role of strategic marketing decisions in organisations
  • Evaluate marketing strategies of organisations and assess how they contribute to organizational performance
  • Describe and assess the range of marketing strategies available to organisations
  • Make recommendations, where appropriate, on alternative marketing strategies available to organisations.
  • Identify and assess the means of securing a sustainable competitive advantage via strategic marketing decisions

Syllabus

The course will include the following:

  • Scope and role of marketing strategy
  • Role of data and analytics in marketing decision-making
  • Different types of strategy
  • Developing and sustaining competitive advantage
  • Key marketing-based sources of sustainable competitive advantage
  • Marketing strategy implementation and key metrics
  • Contemporary topics in marketing strategy

 

Teaching and learning methods

Methods of delivery: Lectures/seminars

Lecture hours: 22 [11 Weeks x 2 hours]

Seminar hours:  8 (8 Weeks x 1 hour)

Private study: 170 hours

Total study hours: 200 hours

 

Employability skills

Analytical skills
The course helps students to learn key analytical skills needed in professions to do with marketing strategy development and implementation. The students will also become more competent in applying relevant theories and models to real-world business situations. They will also practice useful skills of critical analysis, analytical assessment and synthesis, which all help the students' ability to research real-world/realistic business scenarios, analyse them and develop/implement effective alternative marketing strategies.

Assessment methods

Assessment methods

Assessment: Group assignment mid semester (40% of final mark)(Summative) AND individual exam in May/June (60% of final mark)

 

Penalty and Plagiarism: See separate document on Blackboard

Re-sits: As this is a final year course there will be no re-sits

 

Marking process- a fair, rigorous and transparent marking process for all summative work will be followed and grade descriptors for the exam will be made available separately on Blackboard. A sample of individual assignments and exam papers will be both internally and externally moderated.

 

Feedback methods

Ongoing formative feedback will be provided to students in lectures and seminars. Generic exam feedback will be posted on the Blackboard immediately after the Exam Board. Students will be asked to complete the online course evaluation questionnaire at the end of the semester.

 

Feedback methods

Ongoing formative feedback will be provided to students in lectures and seminars. Generic exam feedback will be posted on the Blackboard immediately after the Exam Board. Students will be asked to complete the online course evaluation questionnaire at the end of the semester.

 

Recommended reading

Robert W. Palmatier, Shrihari Sridhar (2021) Marketing strategy: based on first principles and data analytics. 2nd edition. Red Globe Press. 

 

Study hours

Scheduled activity hours
Assessment written exam 2
Lectures 22
Seminars 8
Independent study hours
Independent study 168

Teaching staff

Staff member Role
Matti Jaakkola Unit coordinator

Additional notes

Programme Restrictions: Open to students taking the BSc in Management/Management (Specialism), BSc International Management, BSc International Management with American Business Studies, BSc ITMB, and joint programmes whose degree programme permits or requires this module to be taken.

 

For Academic Year 2024/25

Updated: March 2024

Approved by: March UG Committee

 

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