Economics with Financial Management
In a nutshell
The Salford MBA (Master of Business Administration) is our flagship programme, a high-level degree that concentrates on developing the wide-ranging leadership and business management skills that you need to thrive at a senior level, whatever sector you work in.
Delivered in a blended format, this programme combines online and on campus study and includes a work-based consultancy project.
The programme is highly industry-focused. You will draw on your previous management experience to join in online and face to face discussion with tutors and fellow students, then use the scholarship and research to reflect your learning back into the workplace. Our broad range of modules and unique business partnerships make this programme an ideal option for ambitious executives who are seeking to improve their knowledge across a full range of advanced skill sets.
For two days each month, you will come to Salford for intensive study. During this face to face time on campus, you will meet both academics and fellow students. While here, you will follow a study programme but this is also your opportunity to share your experiences, learn from your peers and develop your professional network in a supportive and collaborative environment.
Your studies culminate with the Business Innovation Live Project. You will choose one of four options to look at a real industry problem and provide researched solutions, helping you put your learning into practice.
The Strategic Leadership pathway is our generalist career development programme aimed at motivated professionals who wish to broaden their business knowledge and reach for a senior position.
- Develop the management skills required for success at a senior level
- Learn flexibly with a blended format
- Benefit from close links with industry throughout
All about the course
The MBA is delivered in a blended format taught in four 15-week modules plus a work-based project. For each of the four modules, you will attend online lectures and seminars supported by six compulsory days (two per month) on campus at Salford. In addition, you will be expected to undertake independent study and project work in your own time with online support through the University's virtual learning environment, Blackboard.
You’ll finish your year with a three to six month work-based consultancy project based around an issue within either your own or another organisation. There is a series of out-of-the-classroom activities such as company visits and guest speakers which help you to develop your professional network.
This module covers:
- Evaluation of microeconomic theory and understanding of the macro-environment.
- Critical analysis of financial data and the impact of financial decision making on stakeholders.
- Evaluation of the principles and practice of financial management.
Marketing with Operations Management
This module covers:
- Evaluation of existing ideas and themes in the broader field of marketing.
- The synergies between marketing and operations management in order to evaluate critically, the most contemporary frameworks for effective working.
- Analysis of the alternative methods and techniques for marketing and operations in manufacturing, service and international settings.
Organisational Behaviour and Change
This module covers:
- Evaluation of theory, behaviour, people management and leadership within an organisational context.
- Critical appraisal of decision making and change management in diverse, complex and multicultural stakeholder contexts.
- Development of evidence-based critical thinking.
International Strategic Management (Salford MBA pathway) (30 credits)
This module covers:
- Evaluation of key strategic management theories, concepts, frameworks facing a range of organisations
- Review of the external and internal environment that impacts the formulation and implementation of successful strategies
- Understanding of the drivers of change, innovation and its implication for organisation
- Critically analyse and explain a range of strategies relating to internationalisation, sustainability and/or corporate social responsibility
- Identification and evaluation of the issues that impact strategic decision-making
MBA Business Innovation Live Project
This module enables students to:
- Undertake a rigorous and critical business project either in the UK or overseas.
- Understand and apply theory and practice to business/organisational issues by using appropriate research and problem solving processes.
Please note that it may not be possible to deliver the full list of options every year as this will depend on factors such as how many students choose a particular option. Exact modules may also vary in order to keep content current. When accepting your offer of a place to study on this programme, you should be aware that not all optional modules will be running each year. Your tutor will be able to advise you as to the available options on or before the start of the programme. Whilst the University tries to ensure that you are able to undertake your preferred options, it cannot guarantee this.
The Salford team
Dr Jonathan Lord, MBA director
I am a Lecturer in Human Resource Management and MBA Director for Salford Business School. I have previously been an HR Director, Manager and Consultant, working across all public, private and not-for profit sectors. I am a Chartered Fellow of the Chartered Institute of Personnel and Development (CIPD), a Fellow of the Higher Education Academy, Member of the British Academy of Management and Industrial Law Society.
My specialist research area focuses on Labour Law and how this is governed as well as how it developed over many centuries. I am proud to have been Chairman of OPAL, a charity that advocates for adults with learning difficulties, for the last 14 years.
The Salford MBA develops the skills to progress into the highest and most dynamic levels of business and management. It’s designed for business, with business – and will get you ahead in business. And, as you gain new skills, you’ll have the opportunity to prove them through a Business Innovation Live Project. You’ll take on – and overcome – real-world problems on behalf of the chosen company: a true test of your diverse new business management skillset.
I do hope you will consider studying the MBA here at Salford and if you have any questions or queries please do not hesitate to contact myself or the MBA team.
Julie Kelly, MBA Administrator
I am the Programme Administrator for the MBA having worked at the University for a number of years in a variety of roles. Particular skills and experience include supporting the student experience; events management; relationship management / networking; organisational support; communication; admissions, outreach and engagement. I am stimulated by challenge and the desire to perform at the highest level.
I act as a main focal point for applicants and enquirers to Salford Business School’s flagship MBA and Executive programmes. This requires a specialist knowledge of all MBA and Exec programmes to ensure effective management of the admissions process and ensuring first class customer service to MBA and Exec enquirers, students and alumni. I manage the student journey from application /enquiry to completion of the programme offering support and guidance throughout the journey.
What you need to know
To create bold leaders we require committed students who want to grasp the opportunities that we provide. As well as online lectures and seminar and on-campus learning, you’ll do some self-directed study and research outside of formal teaching times. If you are ambitious, creative, competitive and determined, the Salford MBA is for you.
We are not looking for recent graduates for this course, it is designed to meet the aspirations of those who are in management, possibly at a modest level, who want to progress to pivotal organisational roles such as the CEO, CIO, CFO or COO of an internationally or nationally significant organisation. Alternatively, our MBA students are already running or are looking to establish their own innovative and forward-thinking business.
ENGLISH LANGUAGE REQUIREMENTS
Normally IELTS 6.5 with no individual element below 5.5, or equivalent recognised Secure English Language Test, (SELT).
If the English language qualification is slightly below this level candidates may be able to take one of the many English courses available in the University.
International students requiring a Tier 4 visa will not be eligible to join this programme as it does not meet UKM requirements.
Normally minimum 2:2 honours degree or equivalent in a business related subject together with English and Maths GCSE grade C/4 or above.
Candidates must have a minimum of three years full-time post study work experience with evidence of managerial responsibility.
A wide range of professional qualifications are also considered for partial fulfilment of entry criteria.
Accreditation of Prior Learning (APL)
We welcome applications from students who may not have formal/traditional entry criteria but who have relevant experience or the ability to pursue the course successfully.
The Accreditation of Prior Learning (APL) process could help you to make your work and life experience count. The APL process can be used for entry onto courses or to give you exemptions from parts of your course.
Two forms of APL may be used for entry: the Accreditation of Prior Certificated Learning (APCL) or the Accreditation of Prior Experiential Learning (APEL).
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You should also consider further costs which may include books, stationery, printing, binding and general subsistence on trips and visits.