Core Subjects (almost always included):
* Financial Accounting & Management Accounting: Understanding financial statements, budgeting, forecasting, and cost management.
* Corporate Finance: Capital budgeting, mergers & acquisitions, financial markets, and investment analysis.
* Marketing Management: Market research, segmentation, product development, branding, and marketing strategy.
* Operations Management: Process improvement, supply chain management, quality control, and project management.
* Strategic Management: Competitive analysis, strategic planning, implementation, and evaluation.
* Organizational Behaviour: Understanding individual and group dynamics, leadership, teamwork, and organizational culture.
* Economics: Microeconomics and macroeconomics relevant to business decision-making.
Elective Subjects (choices offered vary widely):
The electives allow for specialization and cater to individual career goals. Examples include:
* Finance-focused electives: Investment Banking, Private Equity, Hedge Fund Management, Risk Management
* Marketing-focused electives: Digital Marketing, Brand Management, Marketing Analytics, Consumer Behaviour
* Strategy-focused electives: International Business, Entrepreneurship, Corporate Social Responsibility, Sustainability
* Operations-focused electives: Supply Chain Management, Logistics, Operations Research, Project Management
* Human Resources-focused electives: Talent Management, Organizational Development, HR Analytics
* Technology-focused electives: Data Analytics, Fintech, Artificial Intelligence in Business, Digital Transformation
* Other areas: Real Estate, Energy, Healthcare Management, International Trade
Other Components:
Many UK MBAs also include:
* Consulting Projects: Real-world case studies or consulting engagements with companies.
* Group Projects: Team-based assignments fostering collaboration and problem-solving skills.
* Presentations: Developing communication and presentation skills.
* Networking Events: Opportunities to connect with alumni, faculty, and industry professionals.
It's crucial to check the specific curriculum of the MBA program you're interested in, as the exact courses offered will vary significantly based on the university's specialization, the specific MBA track (e.g., full-time, part-time, executive), and the year. University websites usually provide detailed course information.