Stage one: Broadening management experience
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.
Finance and Accounting
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.
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
- culture and diversity
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
This module covers:
- the role of operations management in services
- comparative analysis of similarities and dissimilarities and manufacturing and service operations
- unique features of services
- the development and delivery of a service package
- design of service operations
- strategies for balancing capacity and demand
- strategies for structuring and managing queues in services
- understanding and managing customer expectations and perceptions in services and their implications on quality of service provision
- tools and techniques for service quality management
- strategies for creating, developing and expanding services nationally and globally
- the role of ICT in enhancing strategic and operational efficiencies of services
- service supply chain management
The ideas and concepts will be illustrated and delivered through examples and case studies.
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
Stage two: Deepening management experience
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.
Commissioning and Service Redesign
In all health service organisations, services are evolving formally and informally. This module will look at the formal ways in which services change, in response to changing health needs and thus commissioning processes; and how organisations can respond through effective service re-design.
Ethics, Governance and Risk
This module considers current issues about governance, ethics and risk in the healthcare sector, and places recent approaches to these in a longer historical and broader social context. The module contents will reflect current concerns in health policy, and will have a focus on the UK context.
The module will include an examination of:
- concepts of governance
- current developments in NHS governance
- the challenges presented by innovative health technologies
- the imperatives driving new developments in research ethics
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.
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.
Health Finance, Economics and Decision Making
This module examines financial and economic decision making in healthcare, with relevance to the public sector more generally. The aim of the module is to help non-specialist managers who work in - or with - healthcare organisation understand the financial environment and provide them with the basis to discuss financial issues, as well as consider the financial and economic basis for making decision.
You will be introduced to tools and techniques for a range of financial activities such as setting budgets, making investment decisions, forming contractual relationships and including financial issues in strategic plans. You will also be introduced to the core concepts in health economics such as Quality Adjusted Life Years, risk and value; these concepts will be particularly useful in making a case for organisational or service change.
The module will include a number of critical cases and give you the opportunity to discuss your own organisational challenges with the experienced session leads.
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
This module is about leadership based on the observation that the leadership needs of organisations vary by the stage of the organisations existence. Leading an entrepreneurial start-up requires different skills from leading a mature organisation. Consequently organisations need to be aware of their progress through the organisation's lifecycle and evolving needs.
This module examines the stages of an organisations existence and the associated evolving leadership needs, plus additional situations such as leading in a crisis.
The module focuses on identifying leadership needs and the necessary decisions together with the appropriate leadership style. As a secondary theme there will also be a number of sessions focussing on leadership qualities and styles which will encourage participants to reflect on their own development as leaders. A number of models of leadership are considered and different leadership perspectives. Understanding of the concepts is achieved predominantly but not exclusively through the use of case study material.
This module provides an opportunity to reflect upon and develop a deeper sense of personal autonomy that will enhance the quality of relationships in both the personal and professional setting.
Using an experiential format, the module examines issues of self-care, self-esteem, values, assertiveness, individual modes of construing other people, stress, developing relaxation and working in groups.
The module covers:
- definitions and classifications of projects
- objectives in project management - time, costs, quality
- activity identification
- resources and resource management
- critical path method, programme evaluation and review technique, and resource scheduling
- performance measurement and costs
- project lifecycles and models
- project teams and leadership in project management
- managing risk in projects
- critical chain planning method
- analysis of project success and failure
- Monte Carlo Simulation
- project management software
Venture Capital and Private Equity
The module covers venture capital and private equity provide risk capital to firms at various stages of their life-cycle. This involves selecting investments, structuring deals, valuation of investment opportunities, leveraged buyouts (LBOs), managing portfolio firms, and exit.
Stage three: Preparing for your future career
Healthcare Management Project
This module requires you to undertake independent research in a topic relevant to business or management.
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.
The above is a sample of the typical modules that 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. Due to the passage of time between commencement of the course and subsequent years of the course, modules may change due to developments in the curriculum and information is provided for indicative purposes only.