I have known several people from the folk degree. As I understand it from talking to them, performing is just one route you can take and to follow that route, you have achieve a 2.1 level in that aspect of the course at the end of the second year. I'm not sure what the other pathways are but I believe there is also a business oriented pathway. I think those on the performance path have to do a business module. I would be very surprised if there was not a research oriented pathway.