The Lancaster MBA€¦ · The Lancaster MBA, visit lancaster.ac.uk/mba. #MBA30. 5. Established in 1989, the Lancaster MBA has a . rich heritage of transforming managers into globally

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The Lancaster MBA, visit lancaster.ac.uk/mba #MBA30

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Established in 1989, the Lancaster MBA has a rich heritage of transforming managers into globally fluent leaders. Our alumni community is made up of

multiple generations of creative individuals, having real impact on organisations, industries and societies.

Lancaster is the place for strategic, ambitious leaders. The place to be.

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The Executive MBA39 Message from the EMBA Director

40 Executive MBA

42 Designed for You

44 Challenging Expectations

46 BenefittingYourOrganisation

48 International Parters and Study Locations

50 Diversity, Flexibility, Impact

Additional Information52 Entry Requirements

53 Fees and Funding

54 How to Apply

Contents

30 Years06 Welcome

08 The Lancaster MBA

10 Relevance

12 Transforming Leaders

14 Global Connections

16 Business Networks

18 Realising Ambitions

20 Building the Future

22 Challenging and Rewards

The Lancaster MBA25 Message from the MBA Director

26 Full-time MBA

28 Practice Based Learning

30 Career Advancement

32 From Lancaster...

34 ...To London and Beyond

36 Personal and Professional Transformation

“Studying at Lancaster University Management School has really benefited my own personal development as a manager. The course has given me a lot of confidence, showing me new ways to lead and manage my team, and had a great impact on my company’s practices.”

Katie Hewison General Manager at Barrie Wells Trust and World Duathlon Championships2011 winner

#MBA30

The Lancaster MBA transforms ambitious managers into strategic, responsible leaders, providing you not only with the theoretical knowledge and understanding necessary to achieve your goals, but also with the self-awareness and practical experience required to be truly outstanding.

Whether you are considering the Full-time MBA or the Executive MBA, at Lancaster University you will be joining a leading global management school that’s well-connected and well-resourced, attracting expertise from across the business world. The contacts you will make here, coupled with your enhanced approach to business, will stay with you forever.

I’m delighted that you are considering joining us during our 30th Anniversary of the MBA. Here you will be part of an established programme, where you may take the single biggest step towards enhancing your career trajectory.

The Lancaster advantage is well recognised, with the Financial Times ranking us first in the world for Corporate Strategy and first in the UK for Careers and Corporate Social Responsibility. This is all testament, not just to our outstanding academic pedigree and uncompromising commitment to excellence, but to the success of our exceptional alumni.

I wish you every success at this important juncture and would urge you to visit us, talk to our staff, and meet our students and alumni.

We all became more accomplished people with a broader horizon and I consider the MBA one of the best and most rewarding years of my life so far. Working with people from over 20 countries on highly demanding projects taught me patience and tolerance, and deepened one of the core messages of Lancaster’s programme: The answer is rarely simple and there is always more than one way to do something. Working with this mindset is something. I learned to be comfortable with that, which is something that will help anyone no matter which field they turn to after their MBA.

For me the most valuable thing taught on the Lancaster MBA was not one specific subject, but the way of thinking that is strengthened in all of Lancaster’s modules. The extraordinary strategy modules are only one example of that. I learned to question everything very carefully, take little for granted and, most importantly, learned how to distinguish a good argument from one that sounds big but is really just hot air. At Lancaster we got the theoretical and critical thinking skills to judge the arguments that cross a manager’s path on a daily basis. For me the Lancaster MBA was as much a lesson in ‘real life’ as it was an academic programme.

“At Lancaster University you will be joining a leading global management school that’s well-connected and well-resourced, attracting expertise from across the business world.”

“At Lancaster we got the theoretical and critical thinking skills to judge the arguments that cross a manager’s path on a daily basis. For me the Lancaster MBA was as much a lesson in ‘real life’ as it was an academic programme.”

Welcome

Professor Angus LaingBA MA MBA PhD FRSADean of Lancaster University Management School

Andrea SchmetzConsultant at Global Market Access Consulting

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The Lancaster MBA, visit lancaster.ac.uk/mba

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30 Years of The Lancaster MBA

30 years after our first MBA graduates left Lancaster, the MBA remains our flagship programme, transforming high calibre individuals into leading managers in their chosen sectors. The learning experience is an ongoing process of discovery. Whether you opt for the Full-time or Executive programme, you will find yourself on a journey into the global world of business.

This journey is unlike any other. It involves more engagement than comparable programmes: engagement with our company partners who include start-ups, SMEs, and large corporations; engagement with innovative teachers who research and practice within a wide variety of business-related disciplines; engagement with organisational and business change-makers, including our Leaders and Entrepreneurs in Residence, our leading think tank, site visits, masterclasses, mentoring and coaching; engagement with our global network of alumni who work in a variety of industries; and engagement with your own peers and partners. Because learning is best when it is collaborative and active.

When you complete our MBA Learning Challenges—challenges that require you work as teams in areas of entrepreneurship, consultancy, and corporate problem solving —you will discover how to apply the latest management thinking and act effectively in today’s business environment. Meanwhile, you will discover much more about yourself as a strategic, responsible leader, and a member of an inclusive team of like-minded pioneers. Throughout the MBA programme you will find you are encouraged to question your taken-for-granted assumptions and reconsider everything you do and everything you know with a clear sense of intentionality and purpose. Working together, the MBA team will help you discover your potential and explore exciting career paths.

Lancaster ranks among the top business schools, is one of the longest established MBA programmes, and has maintained a continuing track record of innovative teaching and leadership. We draw on our thirty years’ of experience delivering a top-ranked, impactful, and inspiring MBA programme that will challenge you to make your MBA experience the first step in a lifetime of learning.

As a graduate of our MBA or Executive MBA, you will join a globally-connected alumni community. Through studying here, the contacts you’ll make from a wide variety of sectors and countries may be your future business partners, as well as friends for life.

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From its inception, the Lancaster MBA has provided relevant and cutting-edge content to students. The Lancaster MBA programme aims to deliver a challenging and rigorous curriculum that excites, inspires, and transforms students from across the world.

Modern organisations face a volatile and changing environment. As such, they need leaders who are strategic and responsible. A strategic, responsible approach, grounded in real-world experience, allows leaders to overcome challenges and find opportunity in everything, from the environment to staff development and retention. It should guide our thinking at all stages of business, from supply chain and production, through to retail and the customer.

These principles—strategy, responsibility and practice—underpin the Lancaster MBA. Our programme delivers impactful teaching from internationally respected academics and leading business practitioners. It is an experience that blends study with applied action learning throughout the programme.

Strategy

Organisational strategy is the art of planning, which ensures the best possible results for all stakeholders. But, it is also an ethos that transforms good managers into inspirational leaders. Adopting a strategic mindset allows leaders to work through challenges, create opportunities, and innovate on an everyday basis. Strategy is fundamental to organising and essential in all business functions, including marketing, finance, HRM, and business development.

As a cornerstone of the Lancaster MBA, strategy is foregrounded in the programme curriculum. In addition, we offer elective modules that allow students to specialise in more specific aspects of organisational strategy.

Responsibility

Business as usual is no longer acceptable. Responsible management is world changing. It’s the tool through which we overcome environmental challenges, support staff wellbeing and ensure a healthy, sustainable future for all. It is vital to the success of any 21st century organisation, and should be reflected in the qualities of staff and in the discussions in the boardroom; everything from emotional quotient to sustainability accounting.

The Lancaster MBA considers responsibility in all aspects of business, ensuring graduates are equipped to make good decisions and lead mindfully. Specialist aspects of responsibility include cyber security, mindfulness and leading responsibly.

Practice

As a research led institution, our teaching in informed by the theoretical vanguard. However, it is only when this is put into the context of the real world that we can truly understand the value and impact.

As such, the Lancaster MBA integrates practice into the programme. Teaching on the MBA is grounded in real life, and students are encouraged to apply everything they learn.

In addition to case studies and mock business projects, our programme features a significant amount of live client and real project experience. As well as allowing you to put theory into practice, these develop your strategic, global, entrepreneurial and responsible mindsets.

30 Years of Relevance

in the world for Corporate Strategy

[Financial Times 2019]

#1

in the UK for CSR[Financial Times 2019]

#3

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30 Years of Transforming Leaders

A forward-looking programme, the MBA is built upon the pillars of modern business and action learning to ensure you have the best experience and are well placed when returning to industry.

Not only will you graduate with a deep appreciation for contemporary business and management, but you will have grounded your studies in real situations and practice, thus gaining a wealth of valuable experience.

Throughout the programme students develop the strategic, global, entrepreneurial and responsible mindset of a leader. This enhances your ability to make sound, expert decisions and to think in a mindful, ethical way. Ultimately, you are equipped to step into a variety of careers and tackle all of the challenges in today’s political and business economies.

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30 Years of Global Connections

From suppliers and partners, to customers and colleagues; the business world is rich with culture and experience. As a result, business success is deeply connected with how we embrace and learn from these.

Our connectivity is central to the Lancaster MBA ethos, and our fantastic network of MBA team members, alumni, and company partners place us at the centre of the world. With great rail and road links, Lancaster is an ideal location for connecting to major cities in the UK and is close to several airports, making it internationally linked.

There is no doubt, the Lancaster MBA is a truly international experience. Taught within our quadruple accredited Management School, the programme is delivered by world-renowned academics and practitioners from around the globe. In addition, we intentionally select students from all parts of the world. In the past, we’ve welcomed students representing 22 different nationalities into the Lancaster MBA programme who then went on to represent the Lancaster MBA as alumni in over 90 countries. We believe that a diverse and inclusive programme cohort enhances student learning and contributes to the development of a global mindset.

Our focus on internationalisation also comes to the fore in our International Business module. This module includes a visit to a country whose economy is at a different stage of development to the UK. While on location, students have the opportunity to meet with local business leaders and political experts as well as tour native businesses and tourist sites. In addition, as part of the Lancaster MBA programme electives, you have the opportunity to study abroad at one of our partner institutions, further enhancing your global mindset.

Our international connectivity continues to grow each year as our students become graduates and then alumni. Over the last 30 years, we have built and developed a strong global network through our international company partners and alumni living around the world. There is no fee to be part of the Lancaster MBA alumni network and we look forward to welcoming you to this ambitious community upon your own graduation!

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30 Years of Business Networks

The North West of the UK was at the heart of the First Industrial Revolution, and Lancaster is at the heart of in the fourth revolution, Industry 4.0.

As such, Lancashire and the UK as a whole is a hub of bustling business and is rich with opportunities. We regularly work with internationally well-known British companies such as Barclay’s Bank and National Rail.

But, not all opportunities exist in large organisations. There were an estimated 5.6 million small businesses in the UK at the start of 2018. This accounts for over 99% of all private sector businesses; increasing to 99.9% when we include medium-sized businesses. Not surprisingly, small and medium sized enterprises (SMEs) account for 60% of all private sector employment.* The Lancaster MBA programme purposefully connects our students with British SMEs, including entrepreneurial start-up companies.

Over the last 30 years, we have cultivated strong relationships with the UK’s vast entrepreneurial network.

Our efforts were recognised when we were awarded the Small Business Charter, which celebrates the effective role we play in supporting small businesses, local economies, and student entrepreneurship.

Lancaster University Management School is also home to the country’s largest network of Entrepreneurs in Residence. This thriving community of business owners and entrepreneurial leaders contribute to our programme by informing teaching and curriculum development, mentoring students, and presenting at masterclasses.

Connections with organisations are also maintained through our alumni. As a result, the Lancaster MBA is a gateway to opportunity.

*Statistics taken from the National Federation of Self Employed & Small Businesses (FSB) website. fsb.org.uk/media-centre/small-business-statistics

Sarah O’Rourke Lancaster Executive MBA graduate Global Process Manager, Hilti, Manchester

Carys Clark Lancaster Executive MBA graduate Commercial Leader, GE Renewable Energy, Edinburgh

Raghuveer Ramkumar Lancaster MBA graduateSenior Strategy Advisor, Arup Group, Bristol

Shaswati Panda Lancaster MBA graduateData Analytics Executive, Ernst & Young, London

Sofoklis Lekkos Lancaster MBA graduateDepot General Manager, Hermes, Birmingham

2.5 HOURS FROM LONDON

3 HOURS

2 HOURS

2.5 HOURS FROM EDINBURGH

30 MINUTES FROM THE LAKE DISTRICT

1 HOUR FROM MANCHESTER

LANCASTER

1.5 HOURS FROM LIVERPOOL

Graduates have gone on to work for exciting companies across the UK:

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30 Years of Realising Ambitions

We are enormously proud of our MBA alumni. Our graduates are highly attractive to employers, and we have an excellent network of businesses who regularly recruit from our MBA programme. While some of our alumni remain in the UK after graduation, increasingly, many of our alumni are pursuing careers overseas, with some returning to their home country. Students benefits from our alumni network, spread across over 90 different countries and working in a diverse range of occupations and industries.

Central to the Lancaster MBA programme curriculum is the Career Advancement Programme, led by our dedicated Careers Team. The team is committed to helping you determine and then achieve your specific career aspirations.

Many of our alumni currently fulfil significant roles for organisations around the world, and others have launched their own successful enterprises.

Some of our notable alumni include:

Wendy EllisPrincipal of La Côte International School

Masanori OtakePresident of Opto System Co.

Chris Austin CBEHead of the UK Task Force Hurricane Irma and Maria

Nauman MirzaMD and CEO of Foodpanda Pakistan

Olufunke AmobiHead of Human Capital for Stanbic IBTC Holdings

in the UK for Careers[Financial Times 2019]

#1

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30 Years of Building the FutureSet in the beautiful Lancashire countryside, Lancaster University campus is a home away from home for nearly 20,000 students. You’ll benefit from numerous academic classrooms and lecture theaters, a stunning library, and the dedicated Executive Suite. We also have award-winning accommodation,* with everything you need on the doorstep. From restaurants, bars, and a cinema, to shops, hairdressers, banks, and a multi-faith chapel.

Students enjoy the beautiful, wooded footpath and running trail that encircles the campus and the multi-floored gym with a climbing wall, pool, and sports fields and courts.

We are dedicated to creating the best learning environment possible. The Management School is designed for collaboration; it is a place where our students challenge convention, push boundaries, and shape agendas; a place for the very best research-led teaching and engagement.

Over £170 million has been invested into the campus since 2013, with up to £250 million planned over the next five years. The Lancaster University Management School Space Programme is one such example of a multimillion pound project that will enhance student experience, with a new five storey

building opening in 2020. This additional space will provide a creative, collaborative, and inspiring environment for students, staff, and company partners to enjoy.

The new facilities will include:

+ Major new teaching facilities

+ Social breakout areas and spaces for informal study

+ Academic and support staff offices

+ Student-focused services, such as careers and student support

And, our investment in the School facilities does not stop with the opening of our new building. Development of existing space will follow in order to ensure that we are always able to offer the very best facilities for all of our students.

*Eight-time Best University Halls winner in the National Student Housing Awards, including in 2019. Ranked 5th out of 131 2019 in the Whatuni Student Choice Awards. International Accommodation Quality Mark bearer.

An artist’s impression of the LUMS Space Programme, courtesy of Feilden Clegg Bradley Studios. This new pavilion will sit alongside the existing LUMS complex, which houses the MBA Executive Suite.

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The MBA broadened my knowledge base tremendously and gave me the confidence to converse in and constructively contribute to all aspects of my organisation’s value chain.

From marketing to logistics, I was provided with a well-stocked business toolkit, together with a new network of friends met on the journey. The MBA programme took me out of my comfort zone. It was a challenging and rewarding journey, which I thoroughly enjoyed.

On graduating, I was promoted to Business Process and Applications Director. I am also one of the mentors in my organisation’s targeted leadership programme, which is a fantastic scheme for lower and middle managers looking to progress to be our next business leaders. And, I continue to explore new opportunities to learn and develop.

“The teaching on the course is excellent and it opened my eyes to a lot of subjects that were not in my undergraduate degree. In terms of soft skills, I feel a lot more confident at work. I think about things differently now.”

Challengingand Rewarding

Jasmin Lindo-Clarke, Executive MBA alumnus, Business Process and Applications Director, Silent Night Group

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The Full-time MBAThe Lancaster MBA is a flagship programme with a rich heritage and engaged community that has been 30 years in the making. The programme has constantly evolved to ensure our graduates gain the skills, knowledge and experience to excel in contemporary business environments.

Maintaining relevance and delivering excellence, the Lancaster MBA is built upon our expertise in strategy and responsibly. Theory is contextualised through real examples and experiences, and learning is enhanced through a practice-based approach. Our students become equipped to make the ‘right’ decisions; decisions that ensure the best outcomes, that consider the environment, wellbeing, opportunity, risk and so much more. Ultimately, they are offered the opportunity to challenge themselves, to develop their mindset and transform themselves.

Our students graduate with a resilience and strategic understanding that allows them to thrive in turbulent and changing situations. They are able to overcome challenges and identify opportunities in volatile, uncertain, complex and ambiguous (VUCA) environments.

Moreover, thanks to our heritage and community, we have developed an exciting and diverse global outlook. The Lancaster MBA is an international experience, made up of students from around the globe, worldwide business contacts and international expertise. Our students are encouraged to embrace, connect with and learn from rich and varied cultures and experiences from across the world. They graduate as globally fluent leaders, shaping organisations, industries and societies.

Robyn RemkeMBA Director

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This intensive 12-month programme attracts accomplished and ambitious managers and professionals from all around the globe. You will discover more about the theory and, above all, the practice of strategic leadership. You will explore more about yourself; as an innovator, a collaborator, a problem solver, and a decision maker. You will also develop your strategic, global, entrepreneurial and responsibility mindsets.

Full-time MBAStructure

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The Full-time MBA, visit lancaster.ac.uk/mba

You will realise that you have taken your first step into a wider world of personal and professional connections, and unlimited opportunities. Key features include:

Global outlook The world-class MBA, taught by internationally renowned faculty and experienced business practitioners, is delivered in the heart of the beautiful English industrial historical landscape of Lancashire, which provides you the space to think and learn. The programme includes an international business module where you learn how business is practiced in a part of the world outside of the UK.

Practice-based learningYou will learn key organisational and business theory by working on projects with real clients in start-ups, SMEs, and large, multi-national businesses. You will have the opportunity to showcase your potential with top organisations.

Core capabilities You will develop the skills that are vital for effective management and leadership such as communication, team collaboration, critical thinking, conflict resolution, and creative thinking.

Career preparation and advancementYou will engage with a year-long programme of activity which includes workshops, presentations, practical feedback sessions, and individual career consultations. Executive MBA students are also highly recommended to join the programme activities in person when possible and online when more practical.

Specialist electivesAs part of the MBA you will study two elective modules, which can include study abroad and topics in strategy and other organisational-related topics.

Theory Practice Development

Each term you will study a range of relevant, valuable topics. These include:

+ Digital innovation in business and organisational contexts

+ Finance

+ International business in context

+ Micro and macro economics

+ Marketing

+ Operations management

+ Organising behaviour

+ Responsible management and ethics

+ Strategic management

There are many opportunities to apply theory to real-time projects and gain valuable, practical experience. These projects focus on:

+ Business management

+ Consultancy practice

+ Corporate processes

+ Entrepreneurial mindsets

You will graduate with more than a new set of skills, experiences and bank of knowledge. Throughout the programme, you develop yourself professionally and personally to become a better, more employable leader. There are a number of programme components that support this growth, including:

+ Management and leadership modules

+ Career Advancement Programme

+ Guest speakers and masterclasses

+ Alumni and company partner networking

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Practice-BasedLearning

The concept of learning through action—experiential learning—is integral to the Full-time MBA. By applying what you learn to real-life challenges, you build valuable new experience, developing your knowledge, understanding and confidence.Our Action Learning Challenges can involve real, ‘live’ projects where the outcome of your work can have an impact on the stakeholders involved.

Some of these challenges take place within carefully targeted partner organisations, and reflect the realities of contemporary management.

Challenges can typically include several weeks of intensive ‘in-organisation’ work; analysing situations, solving problems, and making recommendations to the client’s senior leaders. Opportunities to showcase your talents, boost your CV, and build useful contacts for your future career are second to none.

Besides working alongside senior figures in the partner organisation, you are supported by experienced instructors and mentors who will challenge and encourage you. Their perspective on how you approach, structure, and pitch your work will enrich your learning and improve your performance.

The Action Learning Challenges allow you to gain real-life experience and promote yourself to top organisations and cover four key areas:

+ Business management

+ Consultancy practice

+ Corporate processes

+ Entrepreneurial mindsets

Our MBA cohort visiting the Fitch office in London.

MBA students working with Handelsbanken on a consultancy project.

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Career Advancement

Choosing to take a year out of your career is a calculated decision. Whether you are aiming for a change of direction or a significant step up the management ladder, studying an MBA is an investment in your career.

The Lancaster MBA embeds career development activities throughout the whole year, enabling you to draw on your learning and experiences as you progress through your studies.

+ Practical Sessions: Participate in workshops focusing on success in the recruitment process, delivered by experienced professionals. Hone your performance through tailored interview scenarios, assessment centre group exercises and case study practice sessions.

+ Coaching and Guidance: Receive continual support from our dedicated careers advisers who will help you address your goals, identify areas for development, and move towards your future career path.

+ Employer and Alumni Engagement: There are frequent opportunities for visits and business networking, both locally and in London, which enable you to engage with a wide range of SMEs, high profile employers and our alumni. Once you graduate you can remain part of this network and benefit from our continued support.

+ Extensive Work Placements: Gain practical experience from eight weeks worth of action-based learning. Work first as part of a team on a particular business problem encountered by an SME, and then progress to a consultancy project in London with a high profile company. You may complete an internship instead of the second placement.

Global possibilitiesOur internationally-recognised and internationally-focused MBA attracts students from all over the world. LUMS alumni go on to build successful careers and companies in the UK, their home countries, or countries new to them. We foster and nurture these connections to help keep our alumni connected.

With our global perspective, we can offer careers resources that are directly relevant to your priorities and needs. We partner with MBA-Exchange, a leading MBA recruitment organisation that advertises international MBA-level opportunities.

MBA employmentLancaster MBA alumni have an excellent record of career success. Typically, over 85% of Full-time MBA alumni who seek new roles after completing their studies, achieve employment within three months of graduation.

On-campus recruitment of experienced hires is not the norm in the UK, nor do we claim that we can find jobs for all our students. Instead, we teach the skills needed for our students to be effective career thinkers and senior level jobseekers themselves on the premise that a skill learned for life is the greatest asset of all.

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From Lancaster… LUMS provides an exceptional environment

for MBA study, located on a vibrant and green campus to the south of the historic city of Lancaster. With the Lake District National Park, the Forrest of Bowland, and England’s west coast all nearby, you will find plenty of natural peace and quiet to help you focus on your studies.

We are well connected to the rest of the UK with frequent direct trains to central London and Manchester International Airport. We are within easy access to major English

cities including Manchester, Liverpool, and Birmingham, as well as our Scottish neighbours to the north, Edinburgh, and Glasgow.

Modules are delivered by international teaching staff in the superb learning environment of our Executive Suite. Offering 24-hour access for students, the MBA facilities are a five-minute walk away from the Graduate College, which has high quality accommodation specifically designed for postgraduate students.

Learning and development requires that you have space to focus and reflect. Lancaster and its idyllic surroundings are not only historic sites of business innovation, but the perfect work retreat to develop and reflect on your career.

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…to London and BeyondLondonAs a Lancaster MBA student, you will spend several weeks in London over the course of the programme. While in London you will meet with guest lecturers and practitioners, network with alumni, and visit our company partners. In addition, some of our Action Learning Challenges may involve spending weeks at a time working intensively on projects inside some of London’s most high profile companies.

Our London base is located at the Work Foundation in Westminster, which provides students the perfect combination of capital city excitement and connectivity. Partnered with LUMS, the Work Foundation is a leading think tank and policy advisor on work and the labour market. The Foundation recently celebrated its 100 anniversary, acknowledging its long heritage of campaigning to improve the quality of working life through advocacy, research and practical interventions. As such, our research expertise is framed by and influences government policy as well as business.

We also host a number of workshops, lectures, and networking and alumni events in London.

Overseas

Your learning with us will reach beyond Lancaster and London. There is an overseas study module, designed to build your capacity to operate internationally.

Through a mix of cultural experiences, company visits, and talks from local faculty, politicians, and business experts, you will learn about the local business context. You will also develop the skills to absorb and learn from the culture and business environment of any country. You will expand your understanding of the specific challenges for business and management in different economies, such as the problems

and opportunities of international trade, or the issues that arise when managing multinational enterprises. The module gives you the opportunity to examine approaches to management in different cultural contexts, and to gain a deeper appreciation of the various ethical and social responsibility issues that can arise in different parts of the world.

Flights, visits, talks, cultural activities, accommodation (two students per room), and some meals for this study module are all included in your programme fees.The Work Foundation, is

based in the Asticus building in Westminster, London.

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What did you do before joining the Lancaster MBA?As with the majority of computer engineers, my first job was as a software developer. Looking for something less technical, I decided to venture into the business world and joined PwC, working as a business consultant for projects in various industries. Finally, I joined Claro, one of the largest ICT organisations in Latin America, where I brought together both my technical and business interests.

Why did you decide to do an MBA?In my last role, I had a lot of freedom to try different approaches and methods to create and further develop products. However, this also meant my tasks involved a high degree of complexity and risk. Because of this, I found myself constantly studying after hours trying to learn new skills related to marketing, finance, operations and strategy, among others.

I felt that to be a good product manager and to thrive in the tech world, I needed to be an expert in both technology and business subjects. Having graduated from a top computer engineering school, UNICAMP, I already had a good technical academic background. However, I felt I still needed to develop my business skillset much further, and that was when I decided to do an MBA. Talking to one of my former bosses, who became my mentor, we agreed that I should look for a world-class MBA, not being restricted by the universities in my home country of Brazil.

Why did you choose the Lancaster MBA?I started looking through the global MBA rankings and universities’ league tables, reading through a range of programme descriptions. I also considered the university culture itself, as I didn’t want a programme that emphasised the mentality of making profit above all else. When assessing my options, I was very careful with marketing strategies from universities that overcharge students for a brand on their CV instead of providing a fruitful learning experience.

In the end, I chose the Lancaster MBA because it had an interesting approach to management that included learning from ancient philosophers, delivering more than just a skill set, but a whole mindset for management.

What did you enjoy most about the Lancaster MBA?The whole MBA journey was interesting. Lancaster is set apart from big urban centres giving a higher level of immersion, allowing for constant reflection on learning experiences. We also developed our self-awareness, teamwork, and critical thinking.

Of course, we also explored typical topics, such as marketing, finance, economics, operations management, strategy, leadership, international business, ethics, digital innovation, entrepreneurship, and human resources. From those, my favourites were the strategy based modules. They covered a wide range of strategy subjects in considerable depth, and the delivery method was a mixture of formal lectures and development of business cases in practice, making it an effective and pleasant learning experience.

How has the MBA benefitted you overall?In the end, the Lancaster programme made me realise that a great MBA is much more than just a course. An MBA should be a fulfilment of the mind; a personal and professional transformational journey that, through theory and practice, helped me better understand the business world in all its uncertainties and paradoxes. It gave me much more confidence to engage with opportunities and face challenges to further develop my career, even beyond my country’s boundaries.

Personal and ProfessionalTransformation

Guilherme Lanna, Lancaster MBA graduate and Product Manager at Arrow ECS EMEA, tells us about his MBA journey.

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The Executive MBAWhether you want to set up your own business venture, or take your existing career to the next level, the Lancaster Executive MBA gives you the platform to develop your business knowledge and leadership skills whilst continuing to work full time.

The part-time programme has eight core modules that combine online and workshop based teaching during Thursday, Friday and Saturday blocks. This is then followed by a choice of three elective modules; these are online, with the exception of one option, which is an intensive international business study week in a different country. The design of the programme gives you the flexibility to tailor your MBA to your area of specialism

whether that is leadership, finance, strategy or management. In addition, there is a specialist elective stream for healthcare professionals, endorsed by the NHS Leadership Academy.

All of the teaching on the programme is informed through Lancaster’s outstanding research pedigree, meaning you will be learning contemporary theories from leading academics and industry professionals. Our assessments aim to transfer this knowledge into practice, with the majority of assessments focusing on your own context.

The Lancaster Executive MBA is a global programme delivered in the UK, Ghana and Malaysia. The elective modules provide you with the perfect opportunity to work and engage with management professionals from different locations around the world.

Emma WattonExecutive MBA Director

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The Executive MBA, visit lancaster.ac.uk/mba

The Lancaster Executive MBA is a two-year, part-time programme designed to develop your knowledge, skills and capability, improving your career prospects and your ability to lead and manage. Core modules are taught in three-day blocks, Thursday-Saturday, and electives are taught online to minimise the impact on work. The majority of assessment is work-based, so between modules you will be applying your learning directly to your role and your organisation.

The Executive MBA programme starts in September and runs for 24 months. A fundamental characteristic of the Executive MBA is the fully integrated pedagogy, as well as sequential practice-based experiences and modules, which build upon your knowledge.

Intertwined with the modules is a personal development stream, facilitating the growth of your leadership and management abilities. By building on your strengths, broadening your self-awareness and improving your decision-making, the Executive MBA will have a major impact on your continuing career advancement. Key features include:

Intelligent modular designModular learning blocks minimise interruptions to your working life while optimising the use of work-based assessments. Modules allow you to develop professionally and benefits your organisation at the same time.

SpecialismsYou have the chance to specialise in one of five areas:

+ General Management + Leadership + Strategy + Finance + Healthcare

Blended learningYou are able to manage your own time through a flexible mixture of online and face-to-face learning.

Personal developmentEmphasis is placed on personal development, particularly through our Mindful Manager experience.

Practice-based learningExperience based learning enables you to apply your new knowledge instantly.

InternationalIn addition to being taught by internationally respected tutors and practitioners, you have the opportunity to study internationally as part of the programme.

Theory Practice Development

Each term you will study a range of relevant, valuable topics. These include:

+ Leadership and Organisational Behaviour

+ Business Economics

+ Business Ethics and Sustainability

+ Accounting and Finance for Managers

+ Marketing Management

+ Operations Management

+ Entrepreneurship and Innovation

+ Global Strategic Management

There are many opportunities to apply theory to real projects and gain valuable, real experience. Part of the programme includes completing a Consultancy Challenge through a live project.

You will graduate with more than a new set of skills, experiences and bank of knowledge. Throughout the programme, you develop yourself professionally and personally to become a better, more employable leader.

Executive MBAStructure

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Designed for You

To embark on two years of intensive study while continuing in your current role is one of the biggest career decisions you will make. Since this demands a significant time commitment, it is vital you choose an Executive MBA that both delivers world-class learning and fits in with your work and home life.

The Executive MBA is designed for ambitious, time-limited professionals who want to optimise their studying by balancing it with work and family life. We understand the pressure of having multiple priorities and the Executive programme is specifically designed to fit with these.

Blended learningWith flexibility being so critical, we have designed the Executive MBA to combine online and face-to-face learning. Each core module is blended with two weeks of online learning before three days face-to-face, allowing you to take control of your progress at your own pace, working at times which are convenient for you.

Modules, interactive workshops and work-based studyThe programme is delivered via a series of highly interactive workshops. These combine new ideas and theories from tutors with in-depth discussion, ensuring you learn as much from each other as you do from us. We employ a range of practical activities designed to reinforce your learning and make it useful for you. In between modules, you will undertake self-study, applying your new knowledge in practice. This is supported by tutors and our virtual learning environment (VLE).

You will then be able to apply all your knowledge to your organisation, essentially acting as a consultant to them and providing contemporary and cutting-edge insights from the forefront of business and management.

Leadership practice and the Mindful ManagerThere is a powerful, practical focus on developing the skills you need to lead others. This programme asks you to consider your fundamental behaviours, attitudes and processes that underpin decision making, with a view to enhancing your thinking. It is designed to shape your development as an aspiring senior manager and help you build the skills to succeed at the most senior levels.

Career developmentThe chances are that you will begin the Executive MBA with specific career objectives in mind. Since the programme is designed to transform the way you think and act, you may also find yourself reappraising your options. Whatever you want to achieve and whenever you need our support—during and after the programme—you will have full access to our expert careers service.

SpecialismsThe Executive MBA offers you the chance to specialise in one of five areas: Leadership, Management, Strategy, Finance and Healthcare. This allows you to focus your study to support your career ambitions.

The Healthcare stream is designed especially for those who work in healthcare, or who are considering a move into healthcare management. This specialism is endorsed by the NHS Leadership Academy.

You may have the opportunity to attend a company visit.

Students taking part in a business simulation.

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What did you do before joining the Lancaster Executive MBA?Prior to the MBA, I was a commercial Finance Manager leading a small team within a UK-based cash-management company. The role was focused around demand analysis, pricing and costing, and new contract bids.

Why did you decide to do an Executive MBA? I had worked in accountancy and finance for a decade and wanted to expand my knowledge of business more widely. My aim was to develop my leadership and business skills in general. I also wanted to prove to myself that I was capable of achieving a Masters degree.

Why did you choose the Lancaster Executive MBA?Lancaster became my first choice as soon as I attended the Open Day. After speaking to the programme director and attending a sample strategy lecture, I knew it was the perfect fit for me. It ticked all the standard boxes–Quadruple accredited, highly ranked, a great reputation, good location—but it was more than that. Compared to some of the other schools I looked at, there was a strong community feel and I didn’t worry I would get lost in the “impersonal machine” that I perceived might be the case with other MBAs. The focus on mindfulness also gave me the holistic, ethical and inclusive approach to leadership that I was after.

What did you enjoy most about the Lancaster Executive MBA? The people! The cohort was amazing and we quickly became close. Although everyone wanted to excel individually, there wasn’t the “everyone out for themselves” mentality that you might expect from a stereotypical group of high performers. We worked together and helped each other through difficult times. The staff were also great. The lecturers and the support staff go out of their way to help you get through what is, undeniably, a challenging experience.

Sarah O’Rourke, Lancaster Executive MBA graduate and Global Process Manager at Hilti, shares her experience of the Executive MBA.

ChallengingExpectations

How has the Executive MBA benefitted you overall?It gave me a broad toolkit of knowledge and increased my skills base in a way that complemented my existing financial experience. The MBA also took me out of my comfort zone and pushed me to challenge the expectations I held about what I’m capable of and can achieve.

During the MBA, I was promoted into a strategic finance role, focusing on a high-profile project and widening my responsibilities outside of pure finance. I’ve also become more active with causes that mean a lot to me. The MBA helped me to realise I have experience and knowledge that could benefit other people, so I’m finding ways to use everything I’ve learned about leadership, learning, and development to support and mentor young people just starting out.

I’ve also set up a Women in Business network for the Lancaster MBA and Executive MBA alumni and current students. The aim is to connect and grow the community of Lancaster MBA women, and provide a place where women in leadership can inspire and support each other through meet-ups, mentoring and events.

What advice would you give to someone considering an Executive MBA?To do well, you need to make the effort. Some things (like keeping up with the latest TV series) will need to take a back seat until you’re done. Be conscious about where and how you spend your time and you’ll be fine. You also can’t do this without the support of the people around you; whether that’s your partner, your family or your friends.


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BenefittingYour OrganisationIn deciding to start a part-time MBA, you will be taking on a two year project that will improve your knowledge of business, and your capability as a manager and leader. This is excellent news for you, but your employer may need a little more information before they will fully support you!

Employers will generally be concerned about three main things:

+ How much time will this take? How often and for how long will you be away from work, and what will the impact be?

+ The cost (if they are sponsoring you).

+ The benefit that the organisation will get by supporting you.

Fortunately, the Lancaster Executive MBA has been designed with these concerns in mind.

TimeThe Lancaster Executive MBA is taught in block modules that run Thursday-Saturday. This means you are only away from work for two days every 6-8 weeks. The majority of assessment is work-based, meaning that when you are working on an assessment after a module, you will be improving your organisation at the same time.

CostLancaster’s Executive MBA is very competitively priced for a fully accredited, high quality MBA. Payment can be spread in four instalments across two academic years, which equates to three budget years for most organisations. So your organisation would not be asked to find the full fee out of one year’s training budget. There are scholarships available, and the new postgraduate loan, which can help with the fee decision.

BenefitOriginally, the Executive MBA was designed with a consortium of businesses who wanted to develop their people and their organisations at the same time. As a consequence, most of the assessments on the course require you to focus on a ‘live’ issue, one that is important to your organisation. Under supervision from a tutor, you use your experience and the ideas learned on the module, to tackle an issue and produce recommendations. This means you get to network internally, develop a more holistic understanding of your organisation, and provide valuable recommendations that will improve the organisation. In addition, our consultancy challenge module will be made available to your organisation, offering a consulting project from a group of experienced managers.

Of course, your organisation also gets a more knowledgeable, capable, motivated and dedicated employee who can improve the business into the future.

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In addition to studying in Lancaster, the Executive MBA can be studied at our Accra campus, or at our partner university in Kuala Lumpur.

Accra, GhanaFor over 50 years, Lancaster University has been providing world-class education to students from across the world. Lancaster University Ghana is the only fully-fledged branch campus in Sub-Saharan West Africa and is developing into a major regional teaching and research university of international standing.

UK colleagues deliver modules and provide guest lectures alongside Accra-based academics. Graduates receive the same degree certificate as UK graduates, with the transcript indicating the location of study of each module.

Lancaster University Ghana attracts students from across Africa. We incorporate a dual focus on academic and student life, offering a social and cultural taste of Ghana that reinforces teaching in the classroom, as well as providing a lively atmosphere outside the classroom.

The campus facilities are some of the best you will find in Ghana; students have access to lecture theatres, tutorial rooms, online libraries, break-out rooms and so much more.

We support our students into employment or further studies: we offer work placements and one-to-one support, as well as CV and interview skills training.

The world of work is becoming increasingly global and the ability to communicate between different cultures is even more essential. We offer a welcoming and diverse community with a global perspective on life and learning. Graduating from Lancaster University Ghana makes you part of the thriving alumni network of over 100,000 alumni across 148 countries around the world.

lancaster.edu.gh

Kuala Lumpur, MalaysiaSunway University has established a reputation as an inspiring educational leader, both in Malaysia and overseas, perfectly harnessing the highest quality of academic staff and an exceptionally diverse range of programmes any global educational powerhouse would be proud of.

Graduates of the Sunway University MBA dual award programme will receive MBA certificates from both Sunway University and Lancaster University. This will make them members of an elite group of MBA alumni.

The MBA dual award programme is designed for aspiring managers with the ambition to become strategic leaders within an increasingly complex organisational and business environment.

This programme is delivered in the purpose-built Graduate Centre and students have the flexibility of gaining credits by taking selected modules at other locations where Lancaster delivers an equivalent MBA programme.

The faculty involved in designing and delivering this programme are among the best management consultants, educators and research scholars in the world.

Outstanding, locally-based global faculty complement a large contingent of UK-based educators delivering the MBA dual award programme. The outstanding faculty support, coupled with the unique learning process, delivers a very high completion rate among our students.

On this dual award MBA programme, you will not only acquire a thorough knowledge of the latest management theories and tools, but will also work on honing and building a set of skills. You will explore the leader within, emerging as a change agent within the business world and beyond.

university.sunway.edu.my

Partners and Study Locations, Internationally

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Diversity, Flexibility, Impact

Why did you choose the Lancaster Executive MBA?To me what makes it stand out from other business schools is the focus on learning and the learning process, and not just on final outcomes. Of course, the outcomes are really impressive at Lancaster, but there’s such a focus on what you learn and the whole approach to the programme, which I find really interesting and really refreshing in comparison to how other business schools market themselves.

The diversity of the cohort really attracted me, and the range of different professions, backgrounds and sectors involved, from healthcare and charities, through to the corporate sector, and everything in between.

The final things for me are the cost, which I think is competitive, and the location. It’s very easy to get to Lancaster from anywhere in the country so that is attractive to me as well.

How beneficial is the flexibility of the programme?The flexibility of the programme works really well for me and it’s one of the main reasons that I chose to come to Lancaster. I’ve got a full-time job and I also have a young family, so time away from work and time away from home is at a premium. I really like the blended approach between taught experiences at Lancaster and online teaching. The amount of time away from home works really well for my family.

I want to benefit from a taught programme and not only be online, but be able to be more flexible in my work around my family and professional commitments. I want to work with a cohort, and I also want that intensive taught experience, which I think is very hard to replicate online. Being able to come up to Lancaster to do three days on a module, then for that to be supplemented with classes taught through video conferencing and work that I can do around my own working and family commitments works really, really well.

Which element of the programme have you found most interesting so far?I find it very hard to choose an individual module that I find most beneficial because actually, every module has been really fascinating. If anything, I think each one gives you a different lens with which to look at your work; so whether that’s from an economics perspective, an ethical perspective, a marketing perspective, an operations perspective. Instead of just looking at something from my own experience, you think ‘okay how would I look at this now from the perspective of that particular module’. So for me, it’s not just about which individual module is most interesting, it’s about having that range of perspectives.

How have you been able to apply your learning in the workplace and what impact has it had?One of the modules that we do is about ethics and that is really interesting to me. I work in the classical music sector, working in publishing contemporary classical composers. But actually looking at that from an ethics perspective was something we’d never done in a structured way. So as part of the ethics module, we’ve developed a programme of mentoring for young composers in partnership with a prestigious classical music charity. This has directly come from the MBA study, and it is really interesting for our organisation and also really beneficial for the composers on the programme.

Sam Rigby, Lancaster Executive MBA student and Managing Director at Schott Music Ltd, tells us about his Executive MBA experience.

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Entry Requirements Fees and Funding

Successful candidates come from a great diversity of countries, industries and backgrounds. What they have in common is true potential and the drive to achieve. We seek to identify the best applicants with the greatest potential, who will get the most out of the MBA and Executive MBA; a new generation of leaders.

Entry requirementsIn our admissions process we aim to select MBA candidates with a strong track record of achievement and ability.

To join the Lancaster MBA you must have:

+ A good first degree.

+ A minimum of three years’ professional work experience (five years for the Executive MBA) since graduation. Preference will be given to those who can demonstrate that they have strong business experience, and have held significant managerial responsibilities.

+ Two good references, one from your current employer, and one from someone who can comment on your academic ability.

+ For the Executive MBA: Successful completion of the MBA Admissions Essay. Details provided with your conditional offer.

+ For the full-time MBA: An overall GMAT score of at least 580 (with at least 4/6.0 in the Analytical Writing Assessment) or completion of the departmental admissions essay to a satisfactory standard.

For full details of fees in the UK, Malaysia and Ghana, please see our website.

Postgraduate loan schemeThe UK Government provides a postgraduate loan scheme for students commencing Masters courses. Non means-tested loans of up to a maximum of £10,609 are available.

At the time of publication, loans are available to UK Nationals (ordinarily resident in the UK and Islands), EU, EEA or Swiss nationals ordinarily resident in the EU, EEA or Switzerland.

Loans are available to students under the age of 60 studying full-time, part-time (at least 50% of a full-time course) or on distance-learning courses.

The loan is considered to be a contribution towards the costs of postgraduate study and is not available if you already have a Masters qualification.

English languageA suitable level of English language capability is vital. Non-native speakers must provide evidence of their English language ability:

+ An IELTS result of at least 7.0 overall (with no less than 6.0 in each element), or

+ An internet-based TOEFL result of at least 100 overall (with no less than 22 in each element), or

+ A Pearson PTE Academic result of at least 70 overall (with no less than 55 in each element).

If you do not manage to meet our English language requirements, you may have the option to join a four week long English language course, which is delivered in Lancaster and will precede the MBA.

If you would like advice about your suitability, or if you would like to know about the English language requirements at our overseas locations, please contact the MBA Admissions Team on +44 1524 510733 or by emailing [email protected]

ScholarshipsWe offer scholarships to the very best MBA and Executive MBA applicants, awarded on a competitive basis.

For the Full-time MBA we have limited scholarships available, worth:

+ £5,000+ £10,000+ £15,000

This year one exceptional student will be awarded a special scholarship, worth £20,000.

If you wish to have the best chance of securing a scholarship you must apply early, gain a place on the course, and promptly pay your deposit.

Scholarships are decided on five criteria:

1. Potential2. Skill level3. Experience4. Education5. Background

You do not need to apply separately for a Lancaster University Management School scholarship. Scholarships will be discussed during the application process.

Other funding optionsOther sources of funding do exist, including loans and scholarships. Some of our previous students have secured funding via:

+ A Career Development Loan

+ Prodigy Finance - Full-time MBA students may be eligible for a loan. For more information see prodigyfinance.com

These are third parties, so you will need to research and apply for them separately to your MBA application.

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How to Apply

Contact usThe first thing you should do if you are interested in our MBA programme is to email us for an informal conversation, via lancaster.ac.uk/asklums

ApplySubmit your application at postgraduate-applications.lancaster.ac.uk

You will need:

+ Your degree certificate and transcripts

+ Language test results (where applicable)

+ A current CV which details your professional work experience and achievements

+ Two references (one of these should be from your current employer)

+ GMAT score (Full-time only)*

+ An MBA Admissions Essay (Executive only)

InterviewIf suitable, you will receive an invitation to interview (either in person or via phone or Skype). You will also receive information on how to apply for scholarships.

DecisionAfter the interview, our team will let you know our decision as soon as possible.

OfferIf you are made an offer for the programme, it may be conditional on completion of an admissions essay and you may also have other conditions to meet. These will be detailed in the offer letter.

AcceptanceYou will need to accept your offer and pay your deposit to secure your place on the programme. The deposit will be deducted from your tuition fees when you register at the University.

Pre-arrival informationWe will email you lots of useful information on topics such as accommodation, travel and induction programmes.

Help and adviceFor any further advice, please contact the MBA Team, visit us at one of the many international MBA fairs we attend, or ask one of our local agents.

Contact uslancaster.ac.uk/asklums +44 (0)1524 592938

*If you do not hold a suitable GMAT score, you will be required to complete the Lancaster MBA Admissions Essay. Details of this will be provided with your conditional offer.

Disclaimer: The University makes all reasonable effort to ensure that the information in this prospectus is correct at the time of printing (October 2019). Please see www.lancaster.ac.uk/compliance/legalnotice for further information.

Lancaster University Management SchoolLancaster, LA1 4YX

T: +44 (0)1524 592938 lancaster.ac.uk/asklums

lancaster.ac.uk/lums

20191018-8000284

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The Lancaster MBA€¦ · The Lancaster MBA, visit lancaster.ac.uk/mba. #MBA30. 5. Established in 1989, the Lancaster MBA has a . rich heritage of transforming managers into globally