IB9HU-15 Market Research
Introductory description
This module is taking an applied and practical approach. Students will learn about the marketing research process and its role and importance in helping managers make marketing decisions. Content being covered includes: identifying research problem, creating accuate research objective and questions, desreach resign, and lastly, learning techniques which would allow students conduct qualitative and quantitative data and analysis.
Module aims
- Will sensitize students for the necessity of market research to take evidence-based marketing decisions
- Will develop students' ability to define and critically evaluate evidence based on which to take marketing decisions
- Will develop students' understanding of key processes to generate evidence based on which to take marketing decisions
- Will allow students to refresh their knowledge of core statistical principles
- Will allow students to explore current questions and trends in market research
- Will provide students with an understanding of the fields, approaches, and current discussions in academic marketing research
Outline syllabus
This is an indicative module outline only to give an indication of the sort of topics that may be covered. Actual sessions held may differ.
Indicative syllabus:
- Moving toward evidence-based marketing management
- Defining the problem and choosing research objectives
- Developing a research plan (hypotheses, analyses, data)
- Reporting results and taking actions
- Key market research approaches to take decisions across the marketing mix
- Fields, approaches, and current discussions in academic marketing research
Learning outcomes
By the end of the module, students should be able to:
- Demonstrate understanding of the importance of market research to make evidence-based decisions
- Demonstrate understanding of what constitutes good and bad evidence as a basis for decision making
- Demonstrate understanding of the process steps and decision areas of market research and understand trade-offs involved
- Demonstrate understanding of current questions and trends in market research practice
- Define and critically evaluate evidence based on which to take marketing decisions
- Identify the opportunities and risks of alternative market research approaches
- Identify and grasp the limitations of analytical results and draw implications
Indicative reading list
The course will not follow one specific textbook.
Book Recommendation:
Marketing Research: An Applied Orientation, Global Edition (7th Ed), Naresh K. Malhotra, Pearson (2020)
Marketing Research, Global Edition (8th Ed), Alvin C. Burns, Ronald F. Bush, Pearson (2017)
Suggested readings may be selected from the following texts:
Aaker, David A., V. Kumar, Robert Leone, and George S. Day, Marketing Research (11th Edition)
Brown, Tom J., Tracy A. Suter, and Gilbert A. Churchill, Basic Marketing Research (9th Edition) Feinberg, Fred M., Thomas Kinnear, and James R. Taylor, Modern Marketing Research: Concepts, Methods, and Cases (2nd Edition)
Hair, Joseph, Mary Celsi, Robert Bush, and David Ortinau, Essentials of Marketing Research (3rd Edition)
McDaniel Jr., Carl, Roger Gates, Subramanian Sivaramakrishnan, and Kelley Main (2nd Edition) - Zikmund, William G. and Barry J. Babin, Essentials of Marketing Research (5th Edition)
In addition, selected articles from leading marketing journals such as Journal of Marketing, Journal of Marketing Research, Journal of Consumer Research, Marketing Science, and Journal of the Academy of Marketing Science may be used to illustrate state of the art academic research.
Research element
Students learn to conduct and analyse their qualitative and quantitative research mini projects. The core focus will be on focus group, interview, and online surveys using Qualtrics.
International
Through case studies and group activities which allows students to create their own content.
Subject specific skills
Design a research project including the formulation of hypotheses, the definition of the analyses to be run, and the data to be collected
Run and critically evaluate qualitative and quantitative analyses based on empirical data
Demonstrate understanding of the fundamentals of academic marketing research communicate research findings and recommend decisions
Develop alternative market research approaches to answer a question
Transferable skills
Demonstrate written communication skills
Demonstrate effective problem solving skills
Study time
Type | Required |
---|---|
Lectures | 9 sessions of 1 hour (6%) |
Practical classes | 9 sessions of 2 hours (12%) |
Private study | 51 hours (34%) |
Assessment | 72 hours (48%) |
Total | 150 hours |
Private study description
Private Study to include preparation for lectures.
Costs
No further costs have been identified for this module.
You do not need to pass all assessment components to pass the module.
Assessment group B3
Weighting | Study time | Eligible for self-certification | |
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Assessment component |
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In-person examination | 100% | 72 hours | No |
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Reassessment component is the same |
Feedback on assessment
Students will receive verbal formative feedback throughout the module. Summative feedback will be given on each assignment.
There is currently no information about the courses for which this module is core or optional.