MBA INformation Breakfast seminar 2015

ulster.ac.uk

MBA Information Breakfast23rd June 2015

FormatWelcome/Introduction

Overview of the MBA

Guest speakers

Taster Session

Meet the course team and alumni

IntroductionWhat is an MBA?

Why an MBA?

What are the benefits?

How is the MBA structured?

What will be covered?

Is there funding available?

What is an MBA?General management qualificationTaught full or part timeTailored to experienced managersPractical application Internationally recognised brandPersonal development

Self awareness Confidence building

Why an MBA?In 2012, the Charted Management Institute commissioned Penna to investigate management and leadership development

Surveyed: 4496 people from all levels 302 Chief Executives 550 HR Managers

Why an MBA?

MBA by Numbers Impact:

Ulster University Business School MBA is 40 years old, and has over 3,000 graduates occupying senior positions locally and globally;

Six of the eleven new councils are led by MBA graduates (55%);

Globally: circa 200,000 MBA graduates in 2014;

The top ten Fortune 500 companies are led by MBA graduates; and over 35% of Fortune 500 companies are led by an MBA graduate;

Forty five per cent (45%) of female CEO’s of Fortune 500 companies have an MBA.

Benefits of an Ulster MBA for the individual?

Professional Development:Acquire and develop a broad range of timeless

business skills;

Personal Development: Development of a broad range of interpersonal and communication skills, leadership skills, self-awareness and confidence building.

"I joined PwC a year ago and without the MBA, I don't think I would have been able to make this career change. I found the course invaluable. It gave me a broad base of knowledge that I hadn't been exposed to before and allowed me to make my health skills more transferable as well.“

Michael Hulland, MBA (career change from Prosthetics and Orthotics,

to Management Consultant, PWC)

Benefits of an Ulster MBA for the individual?

Network Building: The breadth of networks built, from a diverse industrial range of business leaders to fellow students will be of immense value throughout your career and your life.

International Brand: There are other Masters/Level 7 qualifications but the MBA is the only recognised international business qualification.

Benefits of an Ulster MBA for the employer?

Developed managers and leaders: Students develop their core management and leadership skills helping them to see the big picture and inform strategic decision making in every aspect of your business.

understanding of organisational development and business acumen, which has enabled Bryson to develop a business model that effectively integrates its social purpose with a sensitive and

ethical commerciality.“John McMullan, MBE, OBE (Chief Executive, Bryson)

“Attaining an MBA at the University of Ulster has made a considerable contribution to my personal career development and the successful growth of my employer, Bryson Charitable Group into Northern Ireland's leading Social Enterprise. As a

participant in the programme I developed a better

Benefits of a Ulster MBA for the employer?

Address real work issues: Opportunity to apply learned knowledge, fresh thinking, and skills through practically based assessment, such as ‘in company case studies’, or assessment based on own company.

Example feedback on live Strategy case study with NI Water:

“We were struck by the enthusiasm of the students and quickly formed the impression that this was a project the students genuinely wanted to engage

with, rather than it simply being another piece of course work. This is perhaps a reflection of it being engagement with a real company dealing

with real issues…the students provided some fresh perspectives via practical application of academic theories regarding

business strategy, and improved awareness and focus on the customer relationships…”Keith Scott (NI Water, Senior Manager)

Benefits of an Ulster MBA for the employer?

Retention and talent management: Retain and motivate your best staff, nurturing future leaders

Minimal disruption: During semesters 1 and 2, students attend one afternoon and evening per week – 24 afternoons in a year for part-time students

Why an Ulster MBA?

Quality and Value: Professional body linkages (Chartered Manager status exclusive to Ulster), research quality, teaching excellence, stakeholder engagement, and value for money.

“For me , the Ulster MBA represented the two criteria I valued most, Quality and Value. And I am

very pleased to note that I have been entirely vindicated in my assessment”

Pritham Madhavan, MBA (Director, NUMA)

Why an Ulster MBA?

Service: Dedicated careers development; networking opportunities: postgraduate development loan; and approachable and accessible course team

“Having been out of education for over 20 years and without a primary degree, the thought of an MBA was quite daunting.

However, the support structures offered by the lecturers and staff are superb”

Tom Houston, MBA (Sales Director, Marketstall)

Why an Ulster MBA?

Flexibility:Study full time over 1 year (2 afternoons per week); or part time over 2 years (1 afternoon per week), ability to tailor your MBA and gain professional body exemptions.

“The MBA has a broad base and is flexible - you can make it more specific to the areas you are

interested in. This flexibility allowed me to pursue a career in financial services”

Matt McCullough, MBA (Corporate Finance, HNH Partners Ltd)

Current Structure (2 year part-time)

Similar Structure in Year 2

Applied Project

ProgrammeResidential

Semester 1 – Sept to Dec1 afternoon and evening a week

(12 weeks)

Semester 2 – Jan to May1 afternoon and evening a week

(12 weeks)

Semester 3 – May to SeptThree-day block

(1 module)

Year 1

Content Across Business Functions

Cost - £11,000

Emphasis – Practical Application

‘Mini MBA’ (9 months)

ProgrammeResidential

Semester 1 – Sept to Dec1 afternoon and evening a week

(12 weeks)

Semester 2 – Jan to May1 afternoon and evening a week

(12 weeks)

Only local MBA to offer this flexibility

Postgraduate Certificate in Business Administration

Progress to MBA immediately or in the future

Cost - £3,667

Emphasis – Practical Application

Content

Teaching Staff Profile

Established academics with on averageo 10+ years experience of executive educationo 10 years management experience.

Continuous involvement in academic enterprise projects Involvement in funded international research projects.

UK Research Assessment Exercise (2014) reported 98% of our research impact judged to be internationally excellent.

Northern Ireland’s Leading Business School for Research o Research Intensity Metric: 3/101 in the UKo Impact Metric: 7/101 in the UK

Where do our MBA students come from?

Funding

Typical Options• Employer sponsored;

• Self financed:Danske BankFirst Trust Bank

Example scenario based on Danske Postgraduate Loan of £5,000:

3.00% APR VariableNo arrangement feeTerm 60 monthsMonthly payments £12.91 x 30 followed by £173.20 x 30Total amount payable £5583.30