Master of Business Administration MBA MBA

Cambridge

Year 1

Principles of Marketing Management (30 credits)

You'll work through the main theories and principles of marketing for the marketing manager or business leader, understanding how those theories and principles can be applied in practice to a range of business contexts; from business-to-consumer, business-to-business, charities, arts, to tourism and service-based industries. You'll focus particularly on global business challenges; competition and defining value; a digitally based economy; and societal marketing (corporate social responsibility, sustainability, morals and ethics) whilst also understanding the legal framework that impacts upon marketers and marketing practice such as consumer and data protection laws. This module will challenge you to examine marketing problems that have faced brands and organisations to critically analyse their approach and suggest new alternatives. You'll gain a firm grasp of the scope of marketing in general business management and leadership roles as well as a clear understanding of the specialist areas of study and work as you plan your lifelong career in this very broad industry.

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Organisational Psychology in a Social Context (30 credits)

Human Resource (HR) professionals and managers operate within increasingly complex and changing organisational and contextual circumstances in the public, private or third sectors. This is exacerbated by the variety of organisational types and size that contribute to national wealth creation in terms of the services and goods they provide and produce. This module provides you with understanding of market and business contexts in the operational, tactical, and strategic HR function, along with issues of the modern organisation. You'll examine the cultural, political, and social contexts that organisations operate within, both from an internal and external perspective. Further, you'll discover how economic forces affect and influence organisational practices, and their impact upon the HR function and its practices. You'll explore globalisation and how the changing demographics and social environments impact on organisational strategy and the HR function. Plus why ethical and democratic practices are needed to meet the changes of complex business and economic practices or the management of human resources in more dignified ways. Finally, you'll see how HR can contribute to and influence the strategic direction of organisational practice in the pursuit of welfare profit, as well as monetary profit.

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Management and Strategy (15 credits)

Within this module you'll explore the fields of management and strategy, noting how strategic analysis and formulation contribute to an organisation’s performance. You'll explore practically relevant ideas and frameworks that facilitate strategy design and implementation, dealing with the craft of strategy, identifying and choosing superior competitive positions, how to analyse strategic situations and how to create the organisational context to make the chosen strategy work. Practical and problem-oriented, this module places emphasis on the application of concepts and exploration of frameworks to assist you in analysing and gaining insight into competitive situations and strategic dilemmas. You'll also explore the fields of management and strategy, noting how strategic analysis and formulation contribute to an organisation’s performance.

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Finance for Decision Making (15 credits)

Management decision making is a complex subject involving many variable factors. The primary objective of this module is to provide a conceptual and analytical framework for looking at organisations operating in capital, financial and operational markets. You'll explore the financial element contained in decisions and the techniques that may be used to assist informed management decisions. You start by considering the availability of financial information that may be relevant to decision making and whether this fits with the information you need to make the decision. This is further developed to the type of decision and differing requirements, leading to a more bespoke deliverable information set that meets the context of the decision. You'll gain an appreciation of core themes prevalent throughout financial management. The module also explores the financial techniques developed by financial and management accountants and how they may be used and applied. Finally, consideration is given to the relevance and weighting of the financial element in the decision-making process and how qualitative issues may be incorporated in the overall decision.

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Entrepreneurial Action - PG Major Project (60 credits)

The Entrepreneurial Action module will allow you to undertake a project focused on understanding and supporting entrepreneurial action in practice. This is to be undertaken on an individual basis and could be an applied/engaged research project – for instance, an enterprise consultancy project which addresses an opportunity or challenge faced by an entrepreneurial organisation, or researching and developing a new business proposition or idea.

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Into ARU

Entering higher education is exciting; but it can also be a daunting experience. At ARU, we want all our students to make the most of the opportunities higher education provides, reach your potential, become lifelong learners and find fulfilling careers. However, we appreciate that the shift from secondary education, or a return to formal education is, in itself, quite a journey. This module is designed to ease that transition. You'll be enrolled on it as soon as you receive an offer from ARU so you can begin to learn about university life before your course starts. Through Into ARU, you'll explore a virtual land modelled around ARU values: Courage, Innovation, Community, Integrity, Responsibility, and Ambition. This innovative module is designed as a game, where you collect knowledge and complete mini tasks. You'll proceed at your own pace, though we you to have completed your Into ARU exploration by week 6. If for any reason you're unable to complete by that date, we'll signpost to existing services so that we can be confident that you are supported.