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Course overview

Around the world there is growing employer demand for masters-level business professionals. Our full-time MBA programme will help you develop key theoretical concepts as well as how to adapt and utilise skills in a practical global business environment.

You'll study core modules covering essential areas of management including leadership, marketing, finance, and entrepreneurship. Entrepreneurship education is among our foremost strengths, and you will take part in the Ingenuity process - a unique method for encouraging creative problem solving, developed by our Haydn Green Institute for Innovation and Entrepreneurship. You can also focus on your interests and career goals by choosing from specialist optional modules, covering topics including venture capital, ethics, business intelligence, and change management.

You will also complete a company-based management project, working with a company to help them to resolve real business issues. This is an opportunity to put knowledge into practice, impress a potential employer, and foster good relationships from which you may benefit at a later date.

A fundamental part of your learning and development is through group work. We provide a management and interpersonal skills programme that all MBA students take part in, helping you form social networks and ease your return to academic life. Working with talented peers from different professional and cultural backgrounds will help you develop a global perspective.

The course includes many opportunities for practical experience and networking, including our international study tours (dependent upon any travel restrictions) where you’ll gain direct experience of global business through meetings with executives, company visits, and sessions with experts. Our unique connections with China and Malaysia also offer a fantastic opportunity to learn about the essentials of doing business in these countries. You’ll also visit companies in Nottingham and London as part of our Business Practice Week to learn first-hand about different types of businesses, their current challenges, and how these relate to the theory you’re studying.

Your personal and professional development is an ongoing conversation throughout the MBA. We offer a range of career development activities to help plan your next career move based on your individual experiences, skills, interests and aspirations. You’ll graduate with all the knowledge, practical skills and confidence you need to stand out to employers and progress as a business leader.

Why choose this course?

Top 60 worldwide

3rd in the UK and 55th in the world for best full-time MBA

1st in the UK

for salary increase and top 10 in the UK for salary and potential to network, and 12th in the world for personal development and educational experience

5th in the world

for best MBA for sustainability

Top quality school

benchmarked against international standards

EQUIS and AMBA accredited

More than 19,000

Business School alumni connect you to a powerful global network of business contacts

Course content

Our MBA aims to:

  • improve your leadership skills
  • build your practical management capabilities through engagement with business
  • encourage a creative and entrepreneurial approach to problem solving
  • develop your understanding of responsible and sustainable business practices
  • cultivate a global perspective through a mix of teaching, teamwork and opportunities for overseas business visits

The course consists of core and optional modules, and an individual or group company-based management project.

You will take modules that will put you at the head of a management team, allowing you to develop innovative solutions to problems and crises that may threaten the operation and reputation of a business.

Throughout your MBA, you will encounter senior business figures, practitioners and internationally renowned academics. They will challenge your approach and understanding of important strategic business decisions.

Modules

Core modules

Semester one

Accounting and Finance

This module provides an introduction to the theory and practice of financial accounting and reporting, management accounting and finance. Both commercial and not-for-profit organisations will be considered.

Financial reporting is the process of presenting financial (and other) information to a range of stakeholders in order to ensure appropriate accountability and stewardship. You will be encouraged to consider the need for integrity in financial accounting and reporting, and the potential limitations of regulation and standards.

Management accounting is concerned with the preparation and presentation of accounting information to aid managers in their jobs of planning, decision making and control. New and traditional management accounting techniques are analysed in the context of a changing management context with its emphasis on strategy, costing and performance metrics. The content of the module is aimed primarily at managers and not accountants.

The finance section emphasises two of the major financial decisions, the investment decision and the financing decision - where the money comes from and how it is best used within the organisation.  

Business Economics

In the mixed economy, society's productive resources are allocated by a mixture of planning (government and firms) and decentralised decision making (individuals and markets).

The module provides an introduction to the economic analysis of resource allocation at the level of individual consumers, firms, markets and the overall economy to show how these alternative economic principles can be used to promote the optimal allocation of resources for society as a whole.

Leadership, People and Organisational Capability

This module explores key contemporary issues in organisational behaviour and the management of people in diverse and dynamic contexts. The topics covered will include employee motivation, leadership and working in teams, power and politics, conflict, change, culture, inclusion and contemporary challenges for an emerging industrial age.

Marketing

The module offers an overview of the nature and practice of marketing at both the strategic and tactical levels. You will be introduced to a variety of conceptual frameworks and will be expected to apply them in relation to case study companies and your own business experience.

Key themes to be addressed include:

  • the nature and role of marketing and marketing management
  • connecting with customers and building strong brands
  • shaping and managing the marketing offering
  • communicating and delivering value
Operations Management

The module provides a thorough grounding in concepts and principles that are essential for the successful management of operations in contemporary organisations. Module topics include:

  • the role of the operations function and the major variables in managing operations
  • project management concepts and methods
  • service operations management, including service systems design and queuing systems
  • quality concepts and the management of quality
  • supply chain management concepts including material and information flows, supply chain dynamics, forecasting, sales and operations planning
  • lean thinking and lean concepts and process excellence
Strategic Management

This module examines the process of strategic management, focusing on the nature of strategy formulation and implementation. The analysis of strategy concepts and case study examples will be used to develop awareness of the factors that must be considered in strategic decision-making. Topics include:

  • strategic vision and mission, environmental and industry analysis
  • generic strategies
  • core competence
  • growth and diversification
  • internationalisation and the execution of strategy

Semester two

Entrepreneurship and Creativity

Theorists and policy makers now understand the link between entrepreneurial activity and economic development, and creativity and innovation underpin all successful entrepreneurship.

Successful entrepreneurship is characterised by a set of identifiable skills that are useful in any domain, and these skills are best developed in an integrative and engaged environment, where theory can be practically applied. This module will use the Ingenuity creative problem solving model to integrate the content and simulate the entrepreneurial environment.

The module's focus will be on generating, evaluating and selling innovative ideas in a team context. Whilst led by academics, practitioner engagement will be central to the module's successful delivery. This will be achieved through a combination of guest lectures and mentoring by experienced entrepreneurs.

Sustainable Decisions and Organisations

This module integrates and reflects upon the interdisciplinary nature of the programme and challenges your understanding and application of the material presented on the core modules.

This is undertaken by focusing on the role of different business stakeholders in achieving economic and environmental sustainability - through an examination of their possibly contradicting and contradictory objectives, values and decision-making processes.

We have a wide range of practitioners featuring in the module. You will have to present and defend your integrated sustainable strategy to a real board, consisting of practitioners with experience of board membership. You will also run a real media conference consisting of journalists from the press.

Summer

Management Project

All MBA students complete a management project, giving them the opportunity to put theory into practice. You spend up to three months on a management project exploring current business issues and applying the theories and techniques learned during your MBA to resolve them.

You have three options. Either:

  • apply for a project with a real business (company-based management project)
  • do a desk-based project
  • write a business plan

The specific topic is subject to an approval process. Course members enrolled on a specific MBA variant must undertake a Management Project related to their named variant.

Optional modules

Four from:

Business Ethics

This module examines ethical issues and dilemmas, covering a range of complex and controversial problems relating to business in a global economy. The main concepts and theories underpinning the business ethics field will be introduced, and you shall have the opportunity to apply these to business situations.

More specifically, the module explores pertinent issues of human rights, globalisation and sustainable development, and places these within different philosophical and cultural perspectives. The module also explores the role of professionals from an ethical perspective, and situates these explorations within a political-economic framework.

Business Intelligence in the Digital Economy

This module explores the role of Business Intelligence (BI) in transforming the way companies strategise and organise for change to induce sustainable growth and innovation, new organisational forms, and intellectual property.

BI is prevalently relevant to the digital economy. Being digitally fluent is a must to lead and manage, and to respond to changes in competition and markets.

Contemporary Issues in Management

This module aims to promote self-directed learning on emerging issues for the future of management. You will be consulted on potential topics during semester one and the process explained. You will be expected select a topic for your studies from a selection that should demonstrate the relevance and importance of the topic for your future business ambitions or personal career development.

Corporate Finance

The module examines the ethical and practical justifications for the idea that companies should operate in the interests of shareholders and also the counter arguments in favour of a stakeholder perspective.

The module then deals in turn with the major financial decisions made in organisations (capital budgeting, capital structure, dividends, mergers, working capital). Decisions are analysed first in the context of well functioning capital markets. Capital market imperfections and behavioural biases on the part of managers and investors are then considered.

Games and Strategies for Business

This module provides an introduction to decision theory and the theory of games with particular emphasis on the application to business problems and managerial decision making. Participants are introduced to the main concepts and tools of the theory and the techniques of practical analysis of business ecision problems.

In addition, the module covers the main theoretical insights these approaches have produced into competition and conflict as well as co-operation and pro-social behaviour between economic and business decision makers.

Innovation Management

This module covers the following:

  • What is Innovation Management? - definitions and models of the process
  • Innovation Strategy - the national and competitive environment; innovation processes within multinational firms; innovation processes within large public sector organisations; the systems of innovation specific to small high technology firms
  • Management techniques for innovation - shared vision, effective team working and a creative climate
  • Learning from Markets - marketing technological and complex products and learning through alliances
  • Integration of Approaches - Key themes, learning to manage and measure innovation and through the group presentations - Appraisal of innovation management within different organisations
International Study Tour

This module aims to introduce contemporary business practice in an international context through a mixture of classroom learning and field visits to organisations in the destination country. The module also aims to enable you to reflect on the application of theory to practical business management issues.

The module further aims to enhance your understanding of the international dimensions to business in terms of other national corporate and consumer cultures and business environments.

Leadership and Change Management

The module will include the following topics:

  • The meaning, nature and evolution of the field of leadership in an organisational, social, environmental and multi-cultural context
  • Critical issues in leadership, including how leaders are selected, development tools that are available, and issues of evaluation - leadership development, styles, motivations and competencies
  • Leadership skills for building teams and securing involvement and participation - working collaboratively, ethically and effectively to support a partnership approach to leadership and management development
  • Leadership and strategic change - the key roles that leaders play in creating visions and strategies and the implementation of leadership and management strategies to meet current and future organisational demands
  • Leadership and sustainable strategic management
  • Leading change - how leaders influence and persuade others and the key challenges that organisations and individual managers face
Project Management

The module covers:

  • Programme management: issues, theory and approaches
  • Project planning: estimating and budgeting - developing solutions
  • Project modelling solutions
  • Project management maturity
Strategic Market Relations: Building, Managing and Leveraging Market Relationships

This module covers the following sessions:

  1. What is a market? A service ecosystem approach to understanding markets
  2. Organisational buying behaviour and market structures
  3. How do markets work? Creating and shaping new markets and maintaining market dynamics
  4. Market relations and sustainable competitive advantage
  5. Forming business networks: business network partnership attraction
  6. Business-to-Business marketing strategies
  7. Innovation in business networks
  8. Managing business networks: communication, coordination and learning in business networks
  9. Strategic market relations in the digital world
  10. Branding and building loyalty: value co-creation in network partnerships
Venture Capital and Private Equity

Business start-ups, second stage financing and management buy-outs are all encompassed by Venture Capital and Private Equity. The module looks at the variety of uses of this type of finance and the growing number of sources available. Structures of deals, analysis and preparation of business plans, exit rates and assessing the entrepreneur are all covered in this module.

The above is a sample of the typical modules we offer but is not intended to be construed and/or relied upon as a definitive list of the modules that will be available in any given year. Modules (including methods of assessment) may change or be updated, or modules may be cancelled, over the duration of the course due to a number of reasons such as curriculum developments or staffing changes. Please refer to the module catalogue for information on available modules. This content was last updated on Friday 02 July 2021.

Learning and assessment

How you will learn

  • Lectures
  • Seminars
  • Tutorials
  • Workshops

You will receive expert tuition in small diverse classes, combining teaching based on innovative current research with a practical understanding of how to lead teams and businesses.

You will develop teamwork skills in group work, engage with businesses and organisations and take part in a personal and professional development programme.

Highlights of your learning experience include:

  • international study tours - experience different cultures and realise the direct impact of differing environments on business, taking you from the classroom to the real world
  • Business Practice Week - attend company visits in Nottingham and London, learning more about current business challenges and how these relate to theoretical concepts
  • the Ingenuity process – take part in a unique method for encouraging creative problem solving, developed by our Haydn Green Institute for Innovation and Entrepreneurship
  • the company-based management project - work with a company or organisation helping them to resolve real business issues

How you will be assessed

  • Examinations
  • Essay
  • Project work

Modules are assessed by a combination of exams and coursework at the end of the relevant semester.

Entry requirements

All candidates are considered on an individual basis and we accept a broad range of qualifications. The entrance requirements below apply to 2022 entry.

Undergraduate degree2:1 (or international equivalent) in any discipline. We will also consider applications from graduates with good approved university honours degrees as well as those with significant professional experience or qualifications that have the potential to enhance the diversity of the MBA class.
Work experience

Admission to our full-time MBA requires at least three to five years of post-graduation full-time work experience that includes some management experience. The application process will include an interview.

Applying

Our step-by-step guide covers everything you need to know about applying.

How to apply

Fees

UK fees are set in line with the national UKRI maximum fee limit. We expect fees for 2022 entry to be confirmed in August 2021.

Additional information for international students

If you are a student from the EU, EEA or Switzerland, you will pay international tuition fees in most cases. If you are resident in the UK and have 'settled' or 'pre-settled' status under the EU Settlement Scheme, you will be entitled to 'home' fee status.

Irish students will be charged tuition fees at the same rate as UK students. UK nationals living in the EU, EEA and Switzerland will also continue to be eligible for ‘home’ fee status at UK universities until 31 December 2027.

For further guidance, check our information for applicants from the EU.

These fees are for full-time study. If you are studying part-time, you will be charged a proportion of this fee each year (subject to inflation).

Additional costs

As a student on this course, you should factor some additional costs into your budget, alongside your tuition fees and living expenses.

You should be able to access most of the books you'll need through our libraries, though you may wish to purchase your own copies or more specific titles.

Funding

Business School MBA scholarships

There are many ways to fund your postgraduate course, from scholarships to government loans.

We also offer a range of international masters scholarships for high-achieving international scholars who can put their Nottingham degree to great use in their careers.

Check our guide to find out more about funding your postgraduate degree.

Postgraduate funding

Careers

We offer individual careers support for all postgraduate students.

Expert staff can help you research career options and job vacancies, build your CV or résumé, develop your interview skills and meet employers.

Each year 1,100 employers advertise graduate jobs and internships through our online vacancy service. We host regular careers fairs, including specialist fairs for different sectors.

International students who complete an eligible degree programme in the UK on a student visa can apply to stay and work in the UK after their course under the Graduate immigration route. Eligible courses at the University of Nottingham include bachelors, masters and research degrees, and PGCE courses.

Graduate destinations

Our in-house Postgraduate Careers Team provides expert advice and guidance so that you can make an informed decision about the right career path for you.

Prior to commencing your MBA, you can take part in pre-course careers discussions and take advantage of remote and online support through an online assessment tool which helps you to evaluate your business interests and motivations.

Once on the programme, the MBA Personal and Professional Development Programme combines career exploration and skills development. This is complemented by one to one career coaching.

Our support continues throughout your time at Nottingham and after you graduate. Business School postgraduates also have access to events and resources provided by the Careers and Employability Service.

Our MBA provides an excellent platform for career enhancement, career change or entrepreneurial activities.

Graduate destinations include:

  • management consulting
  • finance and accounting
  • human resources
  • marketing/sales
  • information technology
  • operations and logistics

Companies and organisations our graduates have gone on to work for include Accenture, Apple, Bosch, Credit Suisse, Deloitte, EY, Fidelity Bank, HSBC, JP Morgan, Red Cross and Santander Group.

Some MBA graduates return to their previous employer in a more senior role. Our Ingenuity Lab has also supported a number of our MBA graduates in starting their own company.

Career progression

88.8% of postgraduates from Nottingham University Business School secured graduate level employment or further study within 15 months of graduation.* Average salary uplifts for our full-time MBA graduates have ranged from 40% to 64% (2015- 2018 period).

Our MBA programme has enabled many of our graduates to experience career enhancements and career changes, and some have gone on to start up their own business or onto PhD studies.

We are 1st in the UK for salary increase and top 10 in the UK for salary and potential to network, as well as 12th in the world for personal development and educational experience in The Economist MBA 2021.

* HESA Graduate Outcomes 2020, using methodology set by The Guardian.

EQUIS accredited

The Business School is EQUIS accredited.

AMBA accredited

The Business School is AMBA accredited.

Two masters graduates proudly holding their certificates
" The Business Practice Week was very well timed and each of the visits made a lot more sense with what we’d learned the month before. The businesses we visited were very varied and helped us with a wider perspective on different kinds of businesses. It was one of the highlights of the MBA programme. "
Priyadarshini Pai, MBA

Related courses

The University has been awarded Gold for outstanding teaching and learning (2017/18). Our teaching is of the highest quality found in the UK.

The Teaching Excellence Framework (TEF) is a national grading system, introduced by the government in England. It assesses the quality of undergraduate teaching at universities and how well they ensure excellent outcomes for their students in terms of graduate-level employment or further study.

This content was last updated on Friday 02 July 2021. Every effort has been made to ensure that this information is accurate, but changes are likely to occur given the interval between the date of publishing and course start date. It is therefore very important to check this website for any updates before you apply.