MSc Business Management

The course aims to:

• Provide a broad, analytical and integrated study of business management in an international context.
• Cover key functional areas of business and management.
• Focus on issues concerning the formulation of strategies and policies in international business.
• Provide an opportunity to critically reflect upon current management practices.
• Develop an understanding of ethical issues relevant to international business.
• Develop scholarly research skills with an ability to reconcile practice and research.

• You may hold an honours degree awarded by a recognised UK university or HE Institution, or equivalent.
• Have a minimum of 2 years managerial experience and have successfully completed modules in leadership and management (desirable).
• If you hold the equivalent of a UK Bachelor’s degree without honours you may be permitted to progress on to the course if you have 3 or more years of managerial experience.
• International students applying for a Master’s in Business Management (MSc) should pass their IELTS for UKVI Test Score of 6.5 overall with a minimum score of 6.0 in either, reading, writing, listening or speaking.

Qualifications Check

Please contact the Admissions Office to find out if your qualification is suitable. If you do not have a UK qualification or an International Baccalaureate we will use UK ENIC (Formerly UK NARIC) to find out how the qualifications, you already have compared to UK qualifications. UK ENIC is a UK agency that provides information and advice about how qualifications and skills from overseas compare to UK qualifications.

It is essential to have an excellent command of the English language to benefit from studying for the programme. All students whose first language is not English and who have not done the last two years of their education in English must meet a minimum English language requirement before commencing their programme. Providing evidence of a previous qualification that confirms the applicant’s English proficiency at the required level can also be accepted.

International students applying for this programme should pass their IELTS for UKVI Test Score of 6.5 overall with a minimum score of 6.0 in each component (reading, writing, listening and speaking).

The structure of the MSc Business Management programme is shown below:

Postgraduate Certificate – 60 credits at Level 7

• Organisational Behaviour (20 cr.)
• Managing International Business Operations (20 cr.)
• Financial Decision-Making (20 cr.)

Postgraduate Diploma – 60 credits at Level 7

• Intrapreneurship and Innovation (20 cr.)
• Corporate Social Responsibility and Business Ethics (20 cr.)
• International Business Strategy (20 cr.)

Master in Business Management – 60 credits at Level 7

• Research Methods and Dissertation (60 cr.)

Organisational Behaviour

The module considers core concepts in organisational behaviour focusing on individuals, leadership and working with teams, before examining the issue of organisational culture and how it affects these core activities. The ability to manage and lead an organisation, its groups and individuals is as important as functional skills in finance, strategy, marketing, etc. Managers depend on people to accomplish tasks and carry out projects and need to work with other people, for other people and supervise other people. Therefore, an understanding of the human side of management is an essential complement to technical skills.

Managing International Business Operations

The module starts by examining the origins and evolution of globalisation with particular reference to the emergence of trading blocs and other forms of regional economic integration. Globalisation has both encouraged the growth of international business and businesses themselves have been a catalyst for increasing globalisation. This leads to an examination of the global business environment and how international businesses are managed. The final part of the module considers specific issues relevant to managing an international business operation.

Financial Decision-Making

This module considers the key financial information and applied methodologies used as part of a framework of management decision making. In particular, short and long term strategic decisions will be enhanced through an understanding of the nature and relevance of costs and how to factor a cost analysis into budgeting, profit planning and control. This lays the foundation for understanding how financial performance is measured and reported which underpins decisions on long term capital investment.

Intrapreneurship and Innovation

This module is designed to encourage managers to act like entrepreneurs while working in a large organisation. To remain competitive successful companies need to constantly innovate and it is therefore important that their organisational culture fosters creativity and new ideas. However, innovations that could, potentially, be successful are often stifled because of a bureaucratic hierarchy and an unwillingness by managers to take risks. In this type of environment, managers would need to be empowered to identify, support and develop innovatory ideas and processes in a no blame culture if things go wrong.

Corporate Social Responsibility and Business Ethics

Corporate Social Responsibility (CSR) – which involves the relationship between business organisations, governments, communities and individuals – has increased in significance as an awareness of the global impact of their operations grows. Increasingly, corporate leaders are expected to behave ethically in areas such as human rights, supply chain management and sustainability. This responsibility extends to the way they manage their own workforce with the rise of job insecurity through the growth of part time and zero hours contracts and worsening terms and conditions of employment leading to increased stress. However, it is in the area of environmental degradation through climate change and the depletion of limited natural resources that CSR is of most relevance.

International Business Strategy

This module considers how to identify opportunities and threats when operating internationally, and to engage in competitive interactions with competitors. The first part of the module focuses on the importance of establishing a clear vision to underpin an international strategy built on an understanding of a firm’s competitive advantage. In the second part the module examines how to analyse international business opportunities and develop a market entry strategy.

Research Methods and Dissertation

The research methods and dissertation module consolidate the skills of independently collecting data, solving problems, applying theory, and reaching meaningful conclusions about business issues. The dissertation is an original, detailed analysis of a topic selected in consultation with, and supervised by, a member of LSME’s academic staff. The dissertation includes a critical literature review with a primary and/or secondary empirical investigation to address a specific research question (or questions). The theories, models and concepts used to undertake the research will be drawn mainly from the programme modules supported by guidance on research methods and ethics and the writing and structuring of a research report.

Teaching is primarily through a combination of lectures, seminars and interactive workshops allowing an opportunity to discuss and develop understanding in small groups.

The MSc programme is delivered through a full-time of formal lectures, workshops and seminars.

Assessment is both formative and summative and is designed to encourage ‘deep’ rather than superficial learning. Coursework is used throughout the programme with knowledge and understanding tested through essays, reports, presentations and case studies. Assessment of cognitive and intellectual skills occurs through coursework and the use of case studies. The production of coherent written or oral responses to problems or tasks will demonstrate that key intellectual processes have been understood

After completing the qualification student can progress with leadership roles with exciting career paths in diverse business and management areas. Some of the specific roles within this area include: Management Analyst, International Business Management Consultant, Business Development Officer, Import/Export Consultant. After completing the qualification, students can continue their studies further as PhD scholars.