Part 1
January Semester
Management of Retail Centres
knowledge and understanding of the roles within the organisation including the work of shopping centre managers and shopping centre operations managers; overview of the retail industry; management structures; day-to-day requirements of managing or operating a shopping centre; effective service charge budget management; understanding, planning for and mitigating the risks involved in the daily running of a shopping centre.
Marketing the Shopping Centre †
Principles of marketing including: brand image development and exploitation; new challenges in communications from media expansion; public relations; events; promotions; new research techniques; e-commerce; customer relationship management and permission marketing; customer service.
June Semester
Creating and Refurbishing Retail Space
The five principal stages of the physical development of a shopping centre and its subsequent refurbishment following a period of use, to include planning, design, delivery, operation and refurbishment; knowledge and understanding of the processes through which modern retail space is created and refreshed throughout its lifecycle; relationship between an individual centre and its surrounding area.
Valuation of the Retail Asset
Investment and valuation skills central to shopping centre ownership and management; valuation methods and their application in shopping centre real estate; sources of income including rent, car parking, and commercialisation; outgoings including service charges, business rates and insurance; ways of working more effectively with asset managers to increase the value of a centre; measuring, maintaining and increasing the financial performance of a shopping centre.
Part 2
January Semester
Managing People in Shopping Centres
Introduction to the principal theories relating to how and why people behave in particular ways within organisations; aspects of behaviour including motivation, planning and communication; management of both directly employed and contract staff; general principles of employment law, Health & Safety and security law.
Retailing †
An insight into retailers, retailing methods and thier application in shopping centres; shoppers, retailers and centre owners as customers; shopping centre management of the tenant / landlord / customer relationship that exists with its retailers; leisure elements.
Semester B
Contract and Lease Management †
Common basic English legal problems relating to contracts and leases, including such matters as termination of leases and liabilities.
Project
Production of a Research-based project in the context of shopping centre management, using appropriate research methodology, providing an opportunity for sustained personal investigation into a focused topic area.