banner-accounting-1600x600

MScBusiness & Management (MBM)

Why this course?

The MSc Business & Management (MBM) is a 12-month full-time programme. The MBM is accredited by the Association of MBAs (AMBA) as a Pre-Experience Masters in Management.

The degree provides you with a solid understanding of how organisations work. You’ll enhance the skills and awareness needed to operate effectively in different types of organisations. The MBM is an excellent choice as a path into business management. It’s also for those looking to gain a competitive edge in today’s job market.

The programme has consistently featured in the Financial Times global masters in management ranking. The current ranking is fifth in the UK and 36th in the world.

The MBM is designed to help you reach your potential as a manager or leader in the organisations of today and tomorrow. We place emphasis on self-development and self-discovery, not just classroom teaching.

You’ll study

There are three areas of focus for study:

  1. Understanding the Business – through a sequence of taught classes you’ll gain an insight into the major functional areas of most organisations. You’ll explore what they do and learn the language and techniques they employ in describing their area of the business. Our emphasis is on giving you managerial-relevant insight.
  2. Developing Management Potential – the Professional Management Practice class will help you understand the key skills needed to be successful in your career. It introduces key skills required for a career in management and helps you to identify and address your development needs.
  3. Building a Career Focus – individual classes give you exposure to different areas of the business. The elective classes and the MBM project allow you to decide what kind of focus you’re going to take in your degree and beyond. The Spring and Summer School elective classes bring together postgraduates from across the business school helping you to build networks and knowledge.

Study abroad

The MBM programme includes a number of elective classes from which students will choose. For those who are interested in studying abroad, the 'Managing in Europe' elective class provides the opportunity to do this with classes taught at Toulouse Business School, France.

Facilities

The MBM is delivered in our award-winning building on Cathedral Street in the heart of Glasgow's city centre. Designed to meet the demands of corporate clients and those studying at a postgraduate level, it’s purpose-built to facilitate study, interaction and work.

A modern lecture room in the Business School building will be your base for the year. With good social space conveniently located next to where you’re taught, you’ll find this a comfortable area from which to work. There’s campus-wide Wi-Fi and good quality catering facilities nearby.

Our Business School provides a number of services including:

  • a free printing allowance
  • a dedicated IT support team

The School's Business Information Service ensures that you can keep up-to-date with the latest trends and issues affecting the business world. The databases available are a particularly powerful tool, providing a rich array of information including:

  • market reports
  • financial analysis
  • international news
  • trade journals

Accreditation

The MBM is accredited by the Association of MBAs (AMBA) as a Pre-Experience Masters in Management.

Student competitions

Each year, the programme runs the ‘Best project award’ where the best final project wins a monetary award. The Dean also awards letters of commendation to other top projects selected by supervisors.

Individuals are also encouraged to participate in university and international competitions. For example, previous students have competed and won key awards at the G20 Youth Summit and Strathclyde Enterprise Pathway competition.

Conversion to the MBA

As a graduate of the MBM, you’ll be offered the opportunity to convert your qualification to the prestigious Master of Business Administration (MBA) degree.

To take advantage of this opportunity you must apply within five years of graduating and have acquired sufficient work experience and exposure to management processes and issues.

The conversion syllabus can be completed through any route of the MBA. That includes studying in Strathclyde Business School’s centres around the world and the flexible learning option. Most people choose to undertake the conversion while continuing their career by undertaking self-study supported by weekend workshops.

For those who started their MBM after September 2010, the conversion syllabus is:

  • The Reflective Practitioner
  • Exploring the International Business Environment Strategy Analysis & Evaluation
  • Making Strategy
  • Strategic Consulting in Practice
  • Two elective classes
  • MBA Project

Conversion generally takes 18 months on a part-time basis.

Course content

Semesters 1 & 2

Professional Management Practice

This class develops your awareness and capabilities as a manager using a Personal Development Plan (PDP) process to help you critically evaluate the skills and attributes needed to be effective. Over the course of the year, workshops and exercises will help you identify and move towards fulfilling your potential.

Semester 1

Analytical Support for Decision Making

This class develops skills in the effective practice of business analysis through the application of tools and techniques and to develop an appreciation of the issues which may require careful management if the decisions made are to be based upon valid data and models.

Managing People in Organisations
With organisations increasingly becoming global and interconnected, understanding the challenges for managing those employed by firms is vitally important. This class provides insight into how organisations function and the impact on individual behaviour. It will also help you understand the key theories leading to a more effective manager and leader.
Leadership for Change & Innovation

The central premise of this class is that whilst prudent management is essential, it is not sufficient to assure sustainable business success. Leadership in any sector involves using creativity and vision to navigate a unique path through wicked problems and turbulent times.

This class draws together the latest theories and practices to develop skills and understanding for effective leadership in the context of change. It also informs the practices of leadership in innovative project teams.

Managerial Accounting

This class develops your ability to understand the nature and limitations of the information provided in the external, and internal, financial reports. It introduces some of the accounting techniques underlying business activity, and builds your awareness of the financial implications of strategic and operational decisions.

Semester 2

Marketing Management

This class examines contemporary international practice, exploring the major concepts and techniques involved in the marketing planning process. It will help you analyse what companies are offering, how customers behave, and ultimately identify what they need to do next to deliver on their objectives.

Business Operations

This class considers the key aspects of design, planning and control of operating systems in a global context. By examining the practice of leading organisations it will help you understand how organisations configure their operations and the challenges involved in managing them.

Finance & Financial Management

This class will introduce you to the principles of financial markets and institutions, corporate financial theory and financial decision making. It examines the core concepts and valuation models involved in pricing securities, the choices firms make over how to fund themselves and the techniques used to evaluate internal investment proposals.

Semester 3

Project Methodology

This class introduces you to a range of different methodological approaches to conducting research and key issues researchers are commonly faced with (eg relevance of practitioner engagement, ethics). You will be provided a broad overview of research choices and issues from the perspective of Strathclyde staff representing each department in the Business Faculty who will present vignettes from their own research projects.

Business Strategy

This class provides opportunities to explore, understand and apply the language of strategy and strategic management. By examining real-life organisations, you will develop your understanding of the forces within their contextual and transactional environments that influence their strategy, and by applying different strategic frameworks, develop the ability to critically analyse the strategic direction being adopted.

Managing Technology & Innovation

Innovation has become a core management capability for those organisations that want to succeed in today’s tough business climate.

The class focuses on the management of technological innovation in contemporary business firms with a strong emphasis on the key role of people and organisations in creating, developing and transferring new knowledge, products, processes and services. By drawing from the state of the art innovation literature as well as a wealth of original, in-depth, real world case study materials, the course analyses the opportunities and challenges related to creating, sustaining and managing innovation in the 21st century.

Consultancy in Practice

As the final class in the degree program the Consulting in Practice class is aimed at developing effective and reflective practitioners/managers. This class provides students with the opportunity to deploy many aspects of their learning by engaging with a live issue provided by a client company. It commences with a review of key theories and tools that students have studied as part of their degree with consideration given on how to use these in this exercise. This is followed by analysis of material provided by the client which describes the issue to be addressed and the outcome expected by the client.

This then leads into a group activity which applies particular techniques for addressing aspects of the client’s issue. More detailed client input is provided at certain points in the process often through direct interface with the client. This allows students to gain a more in-depth understanding of the issue and to try out various solutions. Further analysis is carried out by the groups and the class concludes with students presenting their thinking to their client. The client presentations are then followed by a reflective session where the tutor, client and students are encouraged to explore the process of the class and develop the learning gained.

Elective classes

To help you develop new skills and/or extend your knowledge in areas that you see as relevant to your personal learning objectives, students are asked to undertake two elective classes. These classes are chosen from a wide portfolio of elective subjects, which are revised annually to reflect the latest business thinking.

In the past students have chosen from these classes:

  • Brand Management & Strategy
  • Foundations of Risk
  • New Venture Creation
  • Programme & Project Management
  • Games of Strategy
  • Leadership
  • Strategic Financial Management
  • Management of International Relationships
  • Change Agency
  • Developing Skills for Effective Management Consulting
  • Social Media: Strategy and Management
  • Managing in Europe (Taught at Toulouse Business School, France)

A full list of the electives available in the 2015/2016 academic year will be communicated during Semester 2.

The MBM Project

The MBM project provides the opportunity to apply what you have learned to a practical situation. Working under the supervision of a member of faculty, you'll spend time working individually, or in a group, on a topic of central interest to you in the area of Business and Management. You'll learn the skills needed to develop a proposal and conduct an effective enquiry into your topic area, producing a report that is both informed and practical.

MBM projects are diverse, with a vast array of industries and disciplines being undertaken. Many projects are undertaken with organisations and the business school may be able to assist in identifying appropriate clients.

Learning & teaching

Classes differ significantly from traditional formal lectures. Academic staff maximise opportunities for class discussion and debate about how organisations are tackling real-life business issues and whether their approaches are appropriate in other contexts.

You’ll often be given individual or group-based research tasks to be fed back in class. This emphasis upon practical skills gives you a greater understanding of what’s happening in a wide range of organisational contexts. It also helps you to be able to formulate relevant, practical, responses to the complex issues.

Our teaching is focused on helping you to develop the high level of personal and interpersonal skills that employers are looking for. You’ll find that, from your very first day, we’ll be there helping you to find effective ways to manage yourself, while getting the best from those you're working with.

Through workshops, and in classes, we’ll help you to perfect your ability to communicate the insights you get from the analytical techniques we teach and the research you undertake.

Living case study

The Living case study is an innovative way of bringing participants to an understanding of what it means to deal with organisational issues at a managerial level. The exercise casts participants in the role of a graduate trainee who has been asked by the management director to analyse the behaviours in the company and present to the board a way forward.

Management consultancy firm Accenture regularly attend the final presentations. These presentations showcase the professionalism of the cohort and the analytic skills they have acquired through this and the other classes that make up the syllabus. Accenture’s experienced consultants recognise the type of issues and behaviours recreated in the simulation and provide hints and tips on dealing with problem situations and communicating ideas to executives.

Guest lectures

All classes on the MBM programme have a number of guest speakers from industry. You're also regularly invited to Business School industry lectures and networking events.

Assessment

The course is assessed through written assignments, group and individual projects, exams and presentations.

Entry requirements

First or second-class Honours degree, or equivalent, in a non-business or management-related subject. The MSc Business and Management is primarily designed for those with non-business related degrees and is not suitable for those with general business degrees such as BA/BSc Business Studies or Bachelors in Commerce.

For applicants whose first language is not English, an IELTS minimum overall band score of 6.5 (with no individual test score below 5.5) or TOEFL iBT minimum total score 90-95 (minimum scores of 21 in Listening and Writing, 22 in Reading and 23 in Speaking) is required.

There’s no requirement for prior work experience, although many students on the course have worked for a couple of years. The course is not suitable for those who have extensive experience.

As the course involves work on word processing and spreadsheet packages, a reasonable level of competence in both is advisable.

Pre-Masters preparation course

The Pre-Masters Programme is a preparation course for international students (non EU/UK) who do not meet the entry requirements for a Masters degree at the University of Strathclyde. The Pre-Masters programme provides progression to a number of degree options.

To find out more about the courses and opportunities on offer visit isc.strath.ac.uk or call today on +44 (0) 1273 339333 and discuss your education future. You can also complete the online application form , or to ask a question please fill in the enquiry form and talk to one of our multi-lingual Student Enrolment Advisers today.

Fees & funding

How much will my course cost?

All fees quoted are for full-time courses and per academic year unless stated otherwise.

Scotland/EU

2015/16 - £12,000

Rest of UK

2015/16 - £12,000

International

2015/16 - £15,000

How can I fund my course?

MBM full-time scholarships offered by the department of Strategy and Organisation include:

  • One scholarship of £6,000 – Female Leader of the Future
  • One scholarship of £6,000 – European Visionary Scholarship (for those who are prepared to test new ideas, to go beyond the status quo and make a difference to industry and society)
  • Two scholarships of £6,000 – International Leader of the Future Scholarships

£2,000 partial scholarships for Strathclyde graduates may also be available for eligible candidates.

Scholarship search

Please note

The fees shown are annual and may be subject to an increase each year.

Careers

The degree opens up a range of exciting career possibilities. In broad terms, our graduates’ career paths follow one of four directions:

  1. Entry into a management programme within national and multi-national organisations. Recent graduates have joined organisations such as: Accenture, KPMG, Morgan Stanley, Deloitte, Facebook, Google, Eon, PricewaterhouseCoopers.
  2. Entry into a more specific programme where it’s the combination of first degree, or work experience, and the MBM that distinguishes them from the competition. Graduates have been recruited by such prestigious firms as: Ford Motor Company, Royal Bank of Scotland, Ubisoft, Cisco Systems, BSkyB, Schlumberger.
  3. Many have taken up an opportunity within their family’s business, developing the business to take advantage of the opportunities presented by today’s environment.
  4. Others are pursuing their dream of becoming an entrepreneur and building their own successful business.

Where are they now?

92.3% of our graduates are in work or further study.*

Job titles include:

  • Accounts Manager
  • Associate Risk Assurance
  • Business Development Manager
  • Director
  • Equity Analyst
  • Medical Representative
  • Senior Consultant
  • Training and Development Associate

Employers include:

  • Ford Motors Ltd
  • HMRC
  • Morgan Stanley
  • Oracle
  • PricewaterhouseCoopers LLP

*Based on the results of the national Destinations of Leavers from Higher Education Survey (2010/11 and 2011/12).

Apply

Completed application forms are considered as they are received. You’re encouraged to submit your application as soon as possible.

The Admissions Committee will consider all the information submitted and will decide whether to offer you a place on the course. The Admissions Committee meets on a regular basis. Providing you have supplied all the necessary information, you should receive a decision within two to three weeks of application.

You should complete the online application form and upload the following supporting documentation:

  • Detailed CV
  • Evidence of academic qualifications (degree certificate and full academic transcripts. A certified translated version of these documents must be provided if these documents are not in English.)
  • For those applicants whose first language is not English, evidence of English proficiency is required. A minimum of 6.5 in IELTS (with equal weighting across all bands). For more information on taking the IELTS test please visit http://www.ielts.org.
  • Two references will be required to support your application. These can either be uploaded to your application file or, if you prefer, we’ll contact your referees if you provide their email addresses in the online application form.

We may ask you to undertake a formal interview to discuss your achievements and aspirations.

If you have any queries related to your application, please contact our Admissions Office:

Sbs.admissions@strath.ac.uk
Tel: +44 (0) 141 553 6049
Fax: +44 (0) 141 552 8851

Business and Management

Qualification: MSc, Start date: Sep 2015, Mode of delivery: attendance, full-time

Business and Management

Qualification: MSc, Start date: Sep 2016, Mode of delivery: attendance, full-time

Discover more about Strathclyde