The Loughborough MBA
Full-Time MBA
In today’s challenging global business environment, dynamic individuals with the creativity and vision to lead organisations through times of change are highly sought after. Those with the skills to manage resources more efficiently and adapt to the demands of tomorrow will have a competitive advantage.
Geared towards experienced professionals looking to take their career to the next level, the Full-Time MBA’s focus on enterprise and innovation will suit those who want to build on their strategic management skills to successfully lead organisations or grow their own business.
Put your career in the fast lane and choose the Full-Time Loughborough MBA.
- About the Course
- Course Structure
- Entry Requirements
- Fees & Funding
- Apply
About the Course
With its distinctive 40 year track record in cutting edge management education, Loughborough University has an enviable history of developing innovative managers and successful business leaders sought after by leading employers.
The Full-Time MBA exploits our links with business and industry to provide learning that is informed by real-life management issues facing organisations today, and which is immediately applicable to the working environment. You will look at smarter approaches for managing scarce resources and adapting to global challenges and economic uncertainty – skills increasingly in demand, across sectors.
Our modules in Managing Innovation and Managing Enterprise, unique in the UK, give you the opportunity to work alongside technologists and plan a strategy for taking a new product to market. The Full-Time MBA’s focus on enterprise makes it a particularly ideal choice for students with entrepreneurial aspirations.
Developing practical knowledge and skills underpinned by theory and academic rigour, the Full-Time MBA helps you grow in confidence as a decision-maker and a manager of people. Your education will be enhanced by a cohort of like-minded students from diverse professional and academic backgrounds. Learning from group discussion and shared experiences not only provides a stimulating educational environment, but also enables you to develop your understanding of the ways organisations and individuals operate, transforming the way you work with others and building your skills as a creative problem-solver able to turn challenges into opportunities for competitive advantage.
Course Structure
Semester 1 introduces the core modules, delivering practical knowledge and skills that can be applied directly and immediately to any work environment, and giving you the relevant concepts and theories to enhance your understanding of management and organisations. Semester 2 builds on your learning in the first semester with an additional module on managing enterprise and a business administration project that develops your research skills whilst also giving you a chance to apply your knowledge in the solution of real-life business problems.
Exploring the decision-making process and the range of technologies, systems and modelling techniques that can be used to manage information and support decisions, this module also examines the approaches used by organisations to successfully plan, develop and implement technology.
With a focus on the processes by which marketing strategies are developed, this module builds an understanding of the principles behind the marketing concept and the marketing mix and their usage in addressing marketing problems.
This module covers the scope of financial management and accounting, the objectives and processes of financial reporting, the role of management accounting and an introduction to financing issues. It equips you with the ability to analyse and interpret financial information and understand the financial dimensions of the management process.
Tackling the critical issues in the management of people, particularly from the perspective of day-to-day line management, this module covers topics such as culture and commitment, managing motivation and performance, and staff selection and assessment.
This module provides an understanding of economic concepts and models appropriate to business decision making. You will learn to use economic theory to explain and analyse the behaviour or consumers and organisations, and to select relevant economic concepts and apply them to real-life situations.
Covering both service and manufacturing operations this module develops knowledge of the factors that help formulate operational strategies and the implications of implementing them. Process design, resourcing and capacity management approaches are evaluated with reference to real situations through case study analysis and application in the workplace.
This module explains modern theories of corporate finance and shows how these theories can be applied to understanding the financing and investment decisions of major companies.
Exploring the changing economic, cultural, organisational and demographic context of careers, this module provides an understanding of different types of career, theories of career development, career change and work/home dynamics that will support people to manage their own careers as well as those of others.
Unique in the UK, this module provides the opportunity for small groups to assess the commercial potential of real technological innovations. Within a structured framework, the first sessions evaluate the technologies and explore the products and markets within which they may be exploited. The second half of the module covers the commercialisation strategies to be adopted. Intensely practical in nature, and involving liaison with innovators and businesses to bring about exploitation of technologies, you will engage fully in the complex process of evaluating and commercialising new ideas.
The aims of this module are to develop an understanding of the changing nature of the practice and processes of strategic management while building skills in the area of strategic analysis, the development of strategic options and change management. It encourages openness to new ideas and recognises that in many situations there are a range of alternative options to evaluate.
This module builds on your learning from previous modules by developing an understanding of the contexts and processes in which enterprise and innovation are able to thrive and prosper – including managerial style, organisational culture and stakeholder expectations. You will also learn how to effectively engage with organisations adopting new approaches to managing enterprise and produce a group consultancy report on an organisational strategic initiative.
This is a major piece of work, supported by an academic supervisor, allowing you to research and write an independent, detailed piece of work in an area of personal or company interest, in order to improve your research, evaluation and report-writing skills, as well as your ability to apply the management concepts explored across the modules.
Teaching and Assessment
- Learning and teaching is provided through lectures, seminars and workshops, consultancy style projects, web-based guided study and guided independent work. Case studies and group work feature on a number of modules.
- Feedback to the learning process is through coursework assignment, class tests, one-to-one contact with lecturers and/or tutors. Feedback may sometimes occur through tutorials, seminars or workshops, as determined by individual module organisers.
- Demonstration of learning achievement is through formal examination, tests, coursework assignments, and project reports.
- The Full-Time MBA programme is made up of core (i.e. compulsory) modules, in total accounting for 120 credits, and an elective theme within the Managing Enterprise module, accounting for an additional 30 credits. Students develop the theme further as the subject base of their Business Project module which accounts for another 30 credits and completes the 180 credits needed for the programme.
Entry Requirements
Successful applicants must hold either a Bachelor’s degree from a UK or recognised overseas University, membership of an approved chartered institute or a Diploma in Management Studies.
Three years’ relevant work experience is also required to ensure our high standard of classroom experience. Students should be able to evidence:
- Substantial professional experience and achievements
- Leadership potential
- Self-motivation and commitment to personal development
- Academic ability
The requirement for a degree or similar qualification is occasionally waived for those who possess significantly higher levels of experience and achievements – in which case an interview and test will normally be required.
English Language requirements for entry to the MBA programmes 2012-2013
- The University’s requirement of a minimum IELTS result of 6.5 overall average with at least 6.0 in each component (Listening, Reading, Writing, Speaking), or, a TOEFL result of 100 (internet-based) overall with no less than 21 in Listening, 22 in Reading, 23 in Speaking and 21 in Writing.
- Applicants without the required IELTS or TOEFL result may be made a conditional offer such that they provide the University’s standard IELTS or TOEFL requirement as above.
- For further information please click here
Fees & Funding
The 2012/2013 tuition fees for the whole programme are: £24,000
The invoice will be issued during October and there will be a payment deadline of mid-November. There will be the opportunity to make payments in instalments tri-annually (November, January and May). This arrangement must be set-up with our Finance Office directly, please refer to: http://www.lboro.ac.uk/admin/financial/pages/payment_methods.htm for further details.
Please also note for those applying for the Full-Time MBA an application fee of £25 is charged for online applications or £50 for paper applications.
Scholarships
The School offers the following three scholarships, worth up to 40% of fees. Those who qualify for more than one of the below School scholarships will receive the scholarship that is highest in value only.
Gold Award
Value: 40% fees
Criteria: 2:1 or above bachelor’s degree plus 5 years' managerial experience. To apply, applicants must submit a short essay of around 2 to 3 pages (approximately 1,000 words), covering the relevance of MBA study to themselves and their career and how they will want to contribute to the MBA programme, both in the classroom and in the wider context.
Availability: Limited
Application Deadline: 27th July 2012
Apply: Contact mba@lboro.ac.uk or call +44 (0)1509 223398
Silver Award
Value: 25% fees
Criteria: Either a 2:1 or above bachelor’s degree OR 5 years' managerial experience. To apply, applicants must submit a short essay of around 2 to 3 pages (approximately 1,000 words), covering the relevance of MBA study to themselves and their career and how they will want to contribute to the MBA programme, both in the classroom and in the wider context.
Availability: Limited
Application Deadline: 27th July 2012
Apply: Contact mba@lboro.ac.uk or call +44 (0)1509 223398
Bronze Award
Value: 10% fees
Criteria: Applicants must be a Loughborough University Alumnus OR be party to a Group Discount of 2 or more delegates from the same organisation (Group Discounts must first be agreed with the MBA Programme Director). This scholarship will be applied automatically dependant on the criteria above.
Availability: Limited
Application Deadline: 27th July 2012
More information: Contact mba@lboro.ac.uk or call +44 (0)1509 223398
University Scholarships and External Funding
There are a range of university scholarships and external funding that postgraduate students can apply for. These can be applied for in addition to any School scholarship or bursary awarded, although the total value of bursaries and scholarships awarded cannot exceed the value of the course fees.
- UK/EU students: University Scholarships & External Funding
- International students: University Scholarships & External Funding
Chartered Management Institute
All Loughborough MBA students are offered free one-year membership to the Chartered Management Institute upon joining the programme.
Staff Discounts
A discount on fees is also available for Loughborough University staff. Please enquire for further details.
How to Apply
We encourage prospective participants to phone the MBA Office and to attend one of our Open Events to find out further information about the course before applying.
When you are ready to apply please be clear which MBA you are applying for. Please note for those applying for the Full-Time MBA an application fee of £25 is charged for online applications or £50 for paper applications.
Apply for the Loughborough MBA >>
For further information, please contact:
Janet Giampalma or Linda Smith
MBA Programme Admissions
School of Business and Economics
Loughborough University
Leicestershire, LE11 3TU
T: +44 (0)1509 228825
E: mba@lboro.ac.uk
W: www.loughboroughmba.com
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