Full-time MBA

Once you have accepted your offer this is the first step that officially makes you part of the Bayes Business School Community.

Pre-study modules covering mathematics and stats will be available to you from three months prior to the start of the programme. This ensures all students have the basic knowledge and skills required for the start of the programme.

There is also a range of pre-programme activities for you to complete including pre-reading and other useful information to help you prepare for student life.

You want to make the most of every moment of your MBA. We have designed induction comprising three weeks to let you do just that.

You will spend the first week getting to know your fellow classmates and engaging in team-building activities. You will meet your Course Director, faculty and start to get to grips with the case method – a core learning tool in your MBA.  The following two weeks you will focus on careers and professional development activities.

Induction sets you up for the academic challenges that lie ahead and ensures that you and your classmates have a strong and shared knowledge base.

The online career accelerator course provides early access to insights and resources, preparing you to maximise the careers and professional development curriculum once you start the programme.

Block 1: Strategy and Organisations

Understand and interpret financial information, a fundamental skill for an effective manager in today’s business environment. Understand how accounting tools can be used to manage and evaluate business performance, and of the judgemental nature of many accounting decisions.

Block 1: Strategy and Organisations

Learn about the structural and human resource issues: policies, practices, issues and international variations, to challenge existing perceptions and stances.

This module will introduce you to key concepts and understanding of the behaviour of individuals and groups, as well as the dynamics of culture, politics and structure in organisations. This will enable you to sharpen your skills in managing individuals and teams as well as change processes.

Block 1: Strategy and Organisations

Explore the content and process of strategic decision making from the perspective of managers who are responsible for an entire business unit. These may be individuals who are acting in the capacity of Chief Executive of a company, or the General Manager of a division, or the head of a department. This perspective is often expected from MBA degree holders who deal with business situations from a wide range of perspectives.

Block 2: The Financial Environment

Gain an understanding of the basic concepts of finance and their application to companies in the U.K. and elsewhere. You’ll also learn about the main financial markets and institutions which serve both companies and investors.

Through this module you will gain a thorough understanding of the basics of finance to work effectively in any business.

Block 2: The Financial Environment

Quantitative analysis of business data is a key skill for success in the modern, data rich business environment. You’ll learn some of the most widely used statistical tools and techniques in data summary and sampling. Alongside practical skills to implement the necessary techniques, you’ll acquire skills of discretion in choosing appropriate techniques, clarity in interpretating data and extracting the most important information for the business decision maker.

Block 2: The Financial Environment

Understand the tools and language used by economists to analyse individual and organisational behaviour (microeconomics), and the functioning of economies and networks of economies as a whole (macroeconomics). You'll learn the relevance to business and the financial markets of economic thinking, news about the economy, and high-level policy debates.

Learning outcomes:

• How economists think – economic systems, utility and individual decision-making,
• Consumer behaviour and demand – price and income elasticities, imperfect asymmetric information and marketing
• Production and costs – production function, economies of scale, factor demands, average and marginal cost
• Supply and market structure – competition, monopoly and oligopoly, game theory
• Private markets and public policy – market equilibrium, taxes and subsidies, market failure and externalities
• Macroeconomics and growth – trend and cycle, economic and non-economic sources of growth and competitiveness
• Fiscal and monetary policy – countercyclical policy, successes and failures, inflation and unemployment
• Balance of payments, trade and exchange rates – patterns of trade, fixed and floating exchange rate regimes, globalisation.

Block 3: Creating Management Advantage

This module aims to stimulate thinking and understanding about the management of people in an organisational context. The focus is on specific human resource management practices and policies, their effectiveness as well as skills necessary for their implementation. Designed for line managers and not intended to meet the detailed technical requirements of full-time HR professionals.

Block 3: Creating Management Advantage

Develop skills and techniques for the practising general manager, within a series of conceptual frameworks for determining relevance, choice and application.

Study operations related decisions and gain the skills necessary to apply frameworks to operational situations, recognising how each framework should be applied. The value of an interdisciplinary approach to operations management will be stressed and you’ll learn to appreciate the strengths and weaknesses of the approaches to decision-making.

Block 3: Creating Management Advantage

Equips you with the  analytical skills, managerial insights, and team working practice needed to help you understand how the marketing function can add value within a business operating in an international context.

You'll understand the usefulness of market analysis and skilful marketing management in the context of the whole business operation.

Block 4: Knowledge and Policy

Gain a comprehensive understanding of the social responsibilities of a modern business organisation. This module provides a framework to address the complex issues of responsibility and sustainability in a systematic way

The purpose of this module is to examine how corporations and managers can respond to these challenges. Among the issues to be addressed are:

• What are the main approaches to understanding companies’ responsibilities?
• For which social impacts (if any) should companies be held responsible?
• How can companies learn to anticipate and better manage challenges to their social, environmental and ethical performance?
• How can managers and entrepreneurs develop more inclusive or sustainable business models?
• What are the central challenges to better Environmental, Social and Governance (ESG) measurement, accountability and investing?

Block 4: Knowledge and Policy

You’ll examine long-term financial decisions taken by companies. Beginning by defining the various financial instruments which firms use in their long-term financing and then addressing questions such as: How to compute the cost of capital, how debt and equity are issued; how much debt should a company use; does dividend policy matter; and why mergers and acquisitions occur. You’ll also look at corporate control as operations of financial institutions in monitoring and controlling corporations are considered to be as important as their function in funding.

Block 4: Knowledge and Policy

You'll explore the impact of new powerful digital technologies on the way businesses are organised and compete.

A combination of lectures, case discussions and Special Interest Groups in which participants research emerging topics and demonstrate how they will impact industries and the organisations operating in them in the near future.

Integration week

At the end of each block there is an integration week, during which you can draw on the knowledge you have gained to tackle a complex real-word business challenge.

Unique to Bayes MBA, each integration week represents an excellent opportunity to apply multi-disciplinary thinking and build your experience of solving genuine business problems.

Gain practical experience of gathering information and performing strategic analysis on a company that is currently operating in the UK over a three month period. You are required to work effectively as a team enacting the role of directors, senior managers and strategy consultants.

You will apply MBA learnings from your core subjects, test management theories and use your own insights from previous professional experience in the context of working with a real company.

“The Strategy Project is a collaborative assignment where your team consult for a business client’s senior management on a real strategic challenge such as how to expand internationally or embrace digital transformation. This culminates in a presentation to the client where analytical and problem-solving skills are tested before planning and implementation of effective strategies are called for.

Dr Alessandro Giudici, Reader in Strategy

Some previous tasks that our Full-time MBA students completed while undertaking their strategy project:

• Mapping market sizes and values, identifying client needs and then building a recommendation for a new product and revenue stream
• Conduct a strategic market analysis, exploring potential markets, the competitive landscape and potential value chain
• Provide potential targets to help achieve long term growth
• Review the company’s business context and competitive positioning
• Recommend innovative ideas to solve a buyer-seller relationship
• Present critical insights such as revenue forecasting models to the company, including key-stakeholders
• Conduct several meetings with the MD, Chairman and senior managers.

This is a major piece of self-managed business consultancy which counts substantially towards your final degree mark.

This is your opportunity to engage directly with an organisation to define a real world business question or challenge, and then to analyse, evaluate and recommend solutions. This can support you to develop your profile within an organisation or in industry sectors of interest, and to develop an authoritative voice on a crucial business topic. It is an excellent way to deepen expertise, create new networks and career opportunities.

You can either source your own project or select a project offered by companies via the Careers and Professional Development Centre. Taking place over the summer, the project can be centred around a summer internship. Sponsoring companies often use this opportunity to road-test new talent, while you can use this as a platform to consolidate your experience in a particular field which adds value to your CV and could lead to your next career move.

Previous BMPs have tackled a variety of business problems across a wide range of commercial, industrial, public sector and not for profit organisations around the world.