News: the Cranfield Management MSc has been ranked 1st in the UK and 7th in the world by The Economist WhichMBA? Masters in Management 2017 ranking.

The Management MSc will equip you with the knowledge and practical skills you need to tackle complex business challenges and to prepare you for demanding managerial roles in the future. It includes a distinctive blend of theory with practical application through highly experiential simulations, consulting, competitions and project work. It also offers you the opportunity to gain invaluable work experience at a company during a three-month, expenses-paid, in-company internship project.

MSc in Management video
Management MSc video

At a glance

  • Start date25 September 2017
  • Duration13 months
  • DeliveryTaught modules 70%, individual project (thesis) 30%
  • QualificationMSc
  • Study typeFull-time

Who is it for?

If you are an ambitious graduate or early career professional with a passion for business and are aspiring to take your career to the next level, this course is for you. 

Our Management MSc attracts a diverse cohort of students from all over the world, each with different perspectives and experiences to share. The average age of our cohort is 24 years and includes students with either several years’ or very little work experience.

Class Profile 2016/17:

Gender:
Male 59% - Female 41%
Age Range:
21 - 32 years
Average Age:
23 years
Number of Nationalities: 19
Average Class Size: 41

Term Dates

Term One:
2 October 2017 – 15 December 2017
Term Two:
8 January 2018 – 23 March 2018
Term Three:
9 April 2018 – 22 June 2018
Term Four:
25 June 2018 – 18 October 2018

Why this course?

Cranfield School of Management is known for being close to business. For 50 years, we have been working with leading companies across the globe, pursuing our mission to improve the practice of management.

We believe that your success in business is not just about what you know, but about how you apply what you know. As a student on our Management MSc, you will focus on real-world learning through the use of international case studies, completing a management consultancy simulation and a three-month internship. Our graduates are highly sought after by employers, with 95% of School of Management students were employed within 3 months of graduation*.

*based on those students for whom we hold data, across all School of Management full-time master's courses (2015/16 cohort).

Carlotta

"The possibility to have a summer internship in the UK is a unique opportunity that only Cranfield offers. Cranfield is hard work but an incredible place where I have been able to challenge myself and build my self-confidence as well as create strong relationships with very interesting people."

Carlotta Dragoni, alumna, Management MSc, 2015

Informed by Industry

Many of our faculty have held senior positions in industry and continue to engage with industry through consultancy and teaching.

As an Management MSc student, you will benefit from our close links with business through international case studies, a management consultancy simulation, visiting speakers providing an overview of the challenges they are facing and a through a three-month internship project in the final term to apply what you have learned to one particular organisation.

Your teaching team

Our faculty are committed to improving the practice of management. As leaders in their field with hands-on business experience, they understand the challenges of putting theory into practice. Their experience is reinforced by close links with organisations through consultancy projects, teaching on executive development programmes and sponsored research. This ensures that what you learn at Cranfield is always current and cutting edge. Faculty teaching on the Management MSc include:

Accreditation

The Cranfield Management MSc is a Chartered Management Institute (CMI) dual accreditation degree.

You will have the unique opportunity to stand out from other management graduates by achieving CMI’s professional management qualification alongside your Cranfield degree. 

The CMI is the only chartered professional body in the UK dedicated to promoting the highest standards in management and leadership excellence.  It is the only organisation awarding Chartered Manager status, the hallmark of any professional manager, and encompasses a membership community more than 100,000 strong. 

More information can be found at: www.managers.org.uk      

CMI logo

Course details

This course features a distinctive blend of theory with practical application through highly experiential simulations, consulting, competitions and project work. A three-month in-company paid internship project will provide you with invaluable practical work experience and many of our graduates have been offered positions within the companies they completed their internship with.

Group project

The group project module brings together what you have learnt on the course so far and helps you to apply it in practice. Working in teams and playing the role of a management consultant, you will compete against your course colleagues. You will be presented with a real-life business problem from a case company and will have one week to understand the problem, gather relevant data, use appropriate tools/frameworks to analyse the data, and propose innovative, pragmatic and achievable recommendations. A panel of experts, including practitioners and academics, will assess your proposed solutions and provide feedback.

Internship

The final thesis element of the programme requires you to undertake a major research project in association with a three-month internship placement with a partner company.

The internship placement will provide you with the opportunity to gain invaluable practical experience and apply what you have learnt during the course in an organisational environment. You will deepen your management knowledge and gain the potential to build a network of contacts.

Find out more about the Internship project

Assessment

Taught modules 70%, individual project (thesis) 30%

SoM Disclaimer

Keeping our courses up-to-date and current requires constant innovation and change. The modules we offer reflect the needs of business and industry and the research interests of our staff and, as a result, may change or be withdrawn due to research developments, legislation changes or for a variety of other reasons. Changes may also be designed to improve the student learning experience or to respond to feedback from students, external examiners, accreditation bodies and industrial advisory panels.

To give you a taster, we have listed the core modules and some optional modules affiliated with this programme which ran in the academic year 2016–2017. There is no guarantee that these modules will run for 2017 entry. All modules are subject to change depending on your year of entry.

Core modules

Economics for Managers

Module Leader
  • Dr Catarina Figueira
  • Dr Andrew Angus
Aim

    The module will introduce you to the concepts and techniques associated with managerial economics. You will learn to employ economic reasoning when making choices about the use of resources, recognise the importance of marginal analysis and diminishing returns in the context of business and consumer decisions, and analyse the external environment and understand the forces shaping the firm's competitive environment. On completion of the module, you will understand how to apply economic theory to real world problems.

Syllabus

    The module covers:

    • The concept of equilibrium: micro and macro structures of a broad range of financial markets. 
    • Choice theory and rational economic decision making: levels and structure of prices of assets in a broad range of financial markets is developed.
    • Concepts and ideas in macroeconomics relating to financial markets.
    • Monetary economics and the institutional context to which it applies.
    • Structure of money and capital markets.
Intended learning outcomes On successful completion of this module you should be able to:
  • Employ economic reasoning when making choices in the use of resources.
  • Recognise the importance of marginal analysis and diminishing returns in the context of business and consumer decisions.
  • Appreciate the various objectives which different firms may pursue and the consequent impact on managerial decisions, including those relating to price and output levels.
  • Analyse both the external environment and the internal capabilities of a firm and understand the forces shaping the firm’s competitive environment.
  • Recognise the importance of developments in the macroeconomy for management and business performance.
  • Use economic theory.
  • Use relevant geometric and quantitative models to explain and analyse monetary and financial phenomena.
  • Apply economic theory to real world problems.

Improving Decision Quality with Management Science

Module Leader
  • Dr Benny Tjahjono
Aim

    The course will describe, demonstrate and critique the application of a range of management science techniques to support management decisions. Techniques that will be covered range from simple graphs to deterministic and stochastic modelling, including statistical analysis and forecasting methods. 

Syllabus

    This module will cover:

    • Introduction to modelling (management science approach to problem solving, model building: break-even analysis, business usage of management science techniques)
    • Modelling with linear programming (model formulation, graphical solution)
    • Solving linear programming models (computer solution, sensitivity analysis, a marketing example, a transportation example, a blend example)
    • Decision making models (decision making under uncertainty, decision making under risk)
    • Modelling multi-criteria problems (goal programming, analytical hierarchy process, scoring models)
    • Simulation (the Monte Carlo process, computer simulation with MS Excel spreadsheets, verification of the simulation model with examples from queuing problems in service operations)
    • Forecasting (forecasting components, time series methods, forecast accuracy, regression methods)
Intended learning outcomes

On successful completion of this module you should be able to:

  • Discern and apply appropriate management science techniques to analyse and solve common management decision problems.
  • Propose appropriate solution approaches to new decision problems.
  • Evaluate the application of management science techniques to a given problem and critically discuss their applicability, strength and weaknesses.
  • Understand the limitations of various management science techniques in a problem context.
  • Communicate the solutions provided by management science techniques based on an understanding of the theoretical principles that underpin the solutions.
  • Correctly interpret the results in a clear and meaningful way and to be able to communicate them effectively to a lay audience.

Management Consulting

Module Leader
  • Dr Monica Franco-Santos
Aim

    The module brings together what you have learnt on the programme so far and helps you to apply it in practice. You will work in teams, playing the role of a management consulting team, in competition with the other learning teams. You will be presented with a real-life business problem from a case company and will have one week to understand the problem, gather relevant data, use appropriate tools/frameworks to analyse the data, and propose innovative, pragmatic and achievable recommendations. A panel of experts, including practitioners and academics, will assess your proposed solutions and give you feedback.

Syllabus

    The module covers:

    • Developing relationships that last.
    • Project management.
    • From diagnosis to discovery: Problem solving and creative thinking.
    • Delivering the message with success.
Intended learning outcomes On successful completion of this module you should be able to:
  • Critically examine managerial problems with the aim of make strategic decisions to solve them.
  • Combine and apply the theories, frameworks and perspectives learnt in other modules.
  • Explain and critically comment upon relevant process, concepts and methods involved in management consulting projects.
  • Recognise how to develop authentic relationships with external and internal clients.
  • Understand how to present ideas effectively.
  • Utilise data analysis skills.
  • Utilise presentation skills.
  • Utilise problem solving skills.
  • Utilise project management skills.

Managing Corporate Sustainability

Module Leader
  • Dr Palie Smart
Aim

    The module outlines the major sustainability challenges and explores how progressive organisations are responding to them in-terms of organisational mind-set, leadership, value-chain, collaboration and change management. It will give you a better understanding of how corporate action can be best configured to promote responsible and sustainable business strategies, and invite you to think about the purpose of business.

Syllabus

    This module covers:

    • Sustainability challenges and new industrial paradigm.
    • The responsible organisation’s mind-set response.
    • Leadership response.
    • Value chain response.
    • Inter-organisation network response.
    • Championing change response.
    • Sustainable futures and scenarios.
Intended learning outcomes On successful completion of this module you should be able to:
  • Recognise the range of global sustainability challenges facing businesses.
  • Establish key concepts and theories relating to corporate sustainability, corporate social responsibility/citizenship and business ethics.
  • Decipher and articulate the value of organisational responses to sustainability challenges.
  • Review and evaluate the different ways in which organisations assesses their material impacts and how they report sustainability performance.
  • Express the distinguishing management and leadership skills required to manage and embed successful corporate sustainability initiatives.
  • Discuss how to engage employees and identify potential change agents and sustainability champions.
  • Undertake a rough-cut organisational sustainability maturity diagnostic assessment and appraisal.
  • Apply envisioning tools to imagine and design future sustainable business scenarios.
  • Use sustainability performance data from company report and accounts and other data-bases to carry out a comparative analysis.
  • Work in teams, explore/present collective intellectual positions and debate their merits amongst peers.
  • Articulate the key tenants of an implementation plan that avoid the risks associated with green wash approach to sustainability.

Managing Operations

Module Leader
  • Dr Bob Lillis
  • Dr Abdelkader Aoufi
Aim

    The module will teach you about the strategic role of operations, about designing and managing the operations process, about the tools and techniques of process improvement, and about capacity and inventory management, quality management, and performance management. You will learn to evaluate the contribution of operations to the development and implementation of successful business strategy, to appraise the critical issues faced by different operations, to select priorities for operational performance improvement, and plan the means to bring about that improvement. By the end of the module, you should be able to design and implement an operations strategy for any organisation.

Syllabus

    The module covers:

    • Strategic role and contribution of operations.
    • The process and content of operations strategy.
    • Process design and layout.
    • Managing the process experience.
    • Tools and techniques of process improvement.
    • Capacity management.
    • Inventory management, lean and agile operations.
    • Quality management and improvement.
    • People in operations.
Intended learning outcomes

On successful completion of this module you should be able to:

  • Examine the different types of operations employed by organisations and their distinctive characteristics.
  • Analyse the capabilities of different types of operation including the trade-offs involved.
  • Show how to select the priorities for operational performance improvement and how to implement them.

Managing People and Organisations

Module Leader
  • Dr Ricahrd Kwiatkowski
Aim

    This module combines key ideas from organisational behaviour, psychology, sociology, and human resource management in order to provide you with a basic understanding and fluency in recognising, understanding and utilising what has been termed the "human factor" in organisations; including ways of conceptualising organisations and how people behave within them. You shall further consider the impact of the external environment on organisations, and finally address notions of organisational change.

Syllabus

    The module covers:

    • Introduction to people and organisations.
    • The individual and the team.
    • Motivation at work.
    • Employee engagement.
    • Performance management.
    • Political aspects of organisations.
    • Cultural aspects of organisations.
    • The changing nature of work.
    • The impact of the external environment organisations.
    • Individual and organisational change.
Intended learning outcomes

On successful completion of this module you should be able to:

  • Understand a number of  different ways of conceptualising and understanding the individual within the organisation.
  • Understand a range of models and theories relevant to measuring and managing organisational performance.
  • Understand importance of relationships at work, group dynamics, effective teams and leadership in achieving effectiveness and change.
  • Critically engage with relevant topics in order to enhance personal capability.
  • Apply aspects of understanding and knowledge gained in the module to individually and personally relevant outcomes; especially concerning employability.
  • Gain insight into practical aspects of understanding and managing people and organisations, and identify gaps in their knowledge and skills.
  • Link to your personal and professional development agenda.

Marketing Strategy

Module Leader
  • Professor Emma Macdonald
Aim

    The module will familiarise you with the principles of strategic marketing and apply those principles to the marketing planning process. This process is cross-functional, and plans for the organisation’s revenue generation. Each session introduces you to important aspects of marketing strategy and then applies these theoretical elements in practice through the development of marketing plans based on a current case study. This is a very practical module leading to the development of a strategic marketing plan, and you will be required to research information and complete application exercises during and between classes.

Syllabus
    The module covers:
    • Strategic marketing in context
    • 10 steps of the strategic marketing planning process
    • Mission statements and organisational objectives
    • The Marketing Audit and analytical tools
    • Market maps and market segmentation
    • SWOT analysis
    • The Directional Policy Matrix
    • Marketing objectives and strategies
    • Product and pricing strategy
Intended learning outcomes

On successful completion of this module you should be able to:

  1. Understand the evolution and role of marketing and be able to describe the characteristics of a customer-centric organization.
  2. Appreciate a series of marketing strategy tools and techniques and their application in practice.
  3. Recognise a successful marketing planning process and understand the construction and evaluation of a strategic marketing plan.
  4. Structure and prepare a comprehensive strategic marketing plan.
  5. Evaluate marketing plans prepared by others.

Research Methods and Statistics

Module Leader
  • Dr Ian Crawford
Aim

    The module will equip you to design, conduct and report on the research project in the final part of the programme, as well as preparing you to carry out or commission management research in your professional life. You will learn to articulate and define management problems, design research that will help you to make informed management decisions, choose and apply appropriate qualitative or quantitative data collection and analysis methods, translate data into information to form evidence for management decision-making, and to use widely-used quantitative and qualitative analysis software.

Syllabus

    The module covers:

    • The nature and purposes of an MSc thesis.
    • An introduction to organisational research methods.
    • Research planning and design.
    • Selecting and applying qualitative research methods.
    • Using SPSS for statistical analysis of research data.
    • Selecting and applying statistical tests and measures.
Intended learning outcomes

On successful completion of this module you should be able to:

  • Articulate and define management problems.
  • Design and plan studies that will generate the data required to make informed management decisions.
  • Choose appropriate methods of qualitative and/or quantitative data collection methods.
  • Choose and apply appropriate methods of qualitative and/or quantitative data analysis.
  • Translate data into information to form evidence for management decision making.
  • Utilise the most widely used quantitative and qualitative analysis software by practitioners.
  • Time manage.
  • Project plan.
  • Make informed decisions: evidenced-based decision making.
  • Structure and order management reports.
  • Critically evaluate data and information. 
  • Critically evaluate data and information interpreted and presented by third parties.
  • Write concisely, informatively and persuasively in order that communications achieved their intended effect.
  • Utilise effective presentation skills.

Strategic Management

Module Leader
  • Dr Richard Schoenberg
Aim

    This module is concerned with the direction and scope of the organisation. You will determine the purpose of the organisation, establish its objectives and formulate strategies in order to achieve these objectives. Predominantly you will explore how an organisation positions itself with regard to its changing environment, and in particular its competitors, in order to gain and sustain competitive advantage. This means that strategic management considers how an organisation’s internal resources and capabilities can be developed to meet the changing demands of customers, in such a way as to achieve the expectations and objectives of its stakeholders.  

Syllabus

    The module begins by focusing on strategy at the strategic business unit level. It is orientated around five key questions 1) where to compete? 2) how to gain competitive advantage? 3) what capabilities are required? 4) what capabilities do we have? 5) how do we change? The module then explores corporate level strategy and the issue of strategy implementation and change. Throughout the module a range of tools and techniques for strategic analysis and choice will be introduced. The topics covered include:

    • Levels of strategy
    • The strategy process
    • Five key questions in competitive strategy
    • Analyzing the external environment
    • Competitive strategies
    • The resource based view
    •  Developing strategic capabilities and appropriate structures
    • Corporate Political Strategies
    • Corporate Level Strategy
    • Business Turnaround and Recovery
    • Managing strategic change
    • Strategy Failure
Intended learning outcomes

On successful completion of this module you should be able to:

  • Describe the key questions and associated challenges to be addressed in formulating an organisation’s competitive and corporate-level strategies.
  • Appreciate that to sustain competitive advantage an organisation must harness its internal resources and capabilities and react appropriately to changes in its external environment.
  • Appraise and differentiate between corporate, competitive (business unit) and functional strategies.
  • Critically apply a range of tools and techniques to illuminate the key questions of competitive strategy and corporate strategy.

Managing Profitability, Liquidity and Asset Utilisation

Module Leader
  • Dr Simon Templar
Aim

    The module introduces you to the role of finance within an organisation and focuses on a number of traditional and contemporary costing approaches that will increase the visibility of cost and aid your management decision-making. The module begins with a session which explores the role of accounting and finance within an organisation. You are then introduced to the key financial statements contained in the reports and accounts of a business, highlighting the role of management accounting and needs of users of financial information. 

Syllabus

    The module covers:

    • The role of accounting and finance within an organisation.
    • Interpretation of company financial statements.
    • Introduction to traditional and contemporary accounting tools and techniques which can be applied to management decisions.
    • The application of accounting tools and techniques to support decision-making.
    • Exploring the relationship between accounting information and the management of an organisation.
Intended learning outcomes

On successful completion of this module you should be able to:

  • Identify how management decisions can have an impact on the financial performance of an organisation.
  • Appreciate the theoretical concepts that underpin traditional and contemporary cost accounting approaches used to cost processes.
  • Compare the strengths and weaknesses of traditional and contemporary costing approaches.
  • Interpret a set of company reports and accounts.
  • Demonstrate your knowledge of a number of costing approaches, through direct practical application to a relevant management issue.
  • Apply a number of financial tools and techniques to appraise projects, product and customers profitability.

Electives

Disruptive Innovation

Module Leader
  • Dr Clive Savory
Aim

    This module introduces disruptive innovation and sets out why it is a distinctive form of innovation. The core theory underpinning the topic is introduced along with the rationale for adopting a contrasting approach to that used for managing incremental innovation. The module presents a range of practical tools to support organisations in building strategic competences that enable them to recognise, create or react to disruptive innovation. The module reviews how disruptive innovation applies, individually or in combination, to technology, processes, services and business models.


Syllabus

    The module covers:

    • Identifying and analysing recent, relevant literature that informs an understanding of an organisational capability in innovation, for example through the individual capabilities supporting the Pentathlon framework.
    • Understand the nature of disruptive Innovation: what is it, and why is it necessary?
    • Understanding how coordinated development effort across a combination of goods, technologies, services and business models can result in disruptive innovation.
    • Use and reflect on specific approaches and techniques that underpin an innovation capability, for example:
    • Evaluation of an innovation in terms of its disruptive potential.


Intended learning outcomes

On successful completion of this module you should be able to:

  • Examine the key capabilities, and their interrelationships, that underpin an organisational capability in innovation.Critically apply and review the theoretical underpinning of innovation management to the process through which innovative technologies, services and business models are developed.
  • Explain how disruptive innovation might be distinct from other forms of innovation and test whether a specific innovation has disruptive qualities.
  • Analyse how an organisation’s approach to the innovation process influences the types of innovation created.
  • Evaluate the use of a range of techniques that enable disruptive elements of an innovation to be analysed and communicated in terms of the contribution of technological, process and business model innovation.
  • Reflect on the experience of planning an innovation project and critically review the extent to which the new product has disruptive potential.

Entrepreneurship

Module Leader
  • Dr Maarten van der Kamp
Aim

    Through the Entrepreneurship module, you will acquire the knowledge and skills relevant for the management of new ventures across the entrepreneurial life cycle. The module will also act as a pre-requisite if you wish to take the option to undertake a new venture internship in the final part of the programme. 

Syllabus

    The module covers:

    • The economic environment for entrepreneurs.
    • Entrepreneurial strategy.
    • Managing business start-up.
    • Business survival.
    • Managing growth and exit.
    • Business planning: approaches and methodology.
    • Finance and accounting for owner managers.
    • Venture finance: markets and practice.
    • Public policy.
Intended learning outcomes

On successful completion of this module you should be able to:

  • Evaluate your own motivation and skills as they relate to entrepreneurship.
  • Assess the impact of the business environment on entrepreneurial opportunity and strategy.
  • Identify determinants of the performance of new ventures.
  • Understand how managerial challenges vary across the entrepreneurial life cycle.
  • Assess the extent to which different types of ventures are a good fit for their skills, personal interests and willingness to take risk.
  • Manage risk in new ventures.
  • Assess the likely financial needs of a new venture and pitch for finance.
  • Do due diligence on new ventures.
  • Develop and write a credible business plan for a new venture.

Managing Business Technology Investments

Module Leader
  • Dr Donna Champion
Aim

    This module focuses on improving business performance by the exploitation of information. Recent advances in technology such as Cloud and Social Media emphasize the importance for evaluating emerging opportunities. The core of the module is not technology per se; rather, it is concerned with how technology enables improvements in/transformations of business performance. The ways in which technology should be managed in order to deliver real business benefits form a key theme of this module.  Managing the business changes associated with the implementation of large technology investments require significant involvement from business managers.

Syllabus

    The module covers:

    • The role of business technology in enabling organisational change.
    • Ensuring a benefits focus to all business technology enabled change.
    • Managing business change investments.
    • The manager’s role in technology development and implementation.
Intended learning outcomes

On successful completion of this module you should be able to:

  • Assess the role of business technology group within an organisation.
  • Identify opportunities for the application of business technology within an organisation and industry sector.
  • Deploy business and process analysis skills.
  • Deliver real business benefits from business technology investments.
  • Identify stakeholder implications of business technology enabled organisational change.
  • Establish appropriate governance structures.
  • Understand vendor selection and outsourcing.
  • Implement major business technology enabled change.
  • Assess where business technology can add value to an organisation’s performance.
  • Develop a benefits focus for a proposed business technology enabled organisational change initiative.
  • Develop a business change implementation plan.
  • Identify business risks associated with technology enabled business change.

Mastering Project Management

Module Leader
  • Dr Edward Ochieng
Aim

    The module introduces you to the fundamentals of project management. You will learn about the lifecycle approach to project management, its applications and benefits, and learn to understand the relationship between business strategies, portfolios, programmes and projects. The module covers the key theories, principles, processes, tools and techniques underpinning project management, and gives you the opportunity to demonstrate your learning by creating a plan for implementing a specific business change or an entrepreneurial initiative.

Syllabus

    The module covers:

    • Project management concepts.
    • Well known bodies of knowledge and methodologies.
    • Life cycle, principles and processes.
    • Project organisation structures.
    • People in projects: leadership, teams and roles.
    • Project definition and approval.
    • Project appraisal and selection.
    • Risk management.
    • Estimating.
    • Information, coordination and control.
    • Earned value management.
    • Project closure and lessons.
Intended learning outcomes

On successful completion of this module you should be able to:

  • Have familiarity with the relevant project management related techniques.
  • Assess appropriate use of a range of ‘hard’ and ‘soft’ skills to a project from its inception to completion.
  • Practical planning and execution of a project in ‘real-time’.
  • Leading and/or performing as a member of a project team. 
  • Collective decision making under the influence of uncertainty.

The main objective of this elective is to demonstrate the basics of planning and execution in an environment characterised by uncertainty. Project managers need general management skills, along with a knack for problem solving. Project managers are there to plan and manage the work. You will slip in the role of a project manager - Be a Leader and a Manager, be a Problem Solver, be a Negotiator and Influencer, be an Excellent Communicator, be a Good Organiser, and be a Competent and Consistent Planner.

Organisational Performance: Direction, Control and Measurement

Module Leader
  • Professor Michael Bourne
Aim

    This module will give you a thorough understanding of what is meant by organisational performance and introduce you to the area of control, performance measurement and performance management. It will encourage you to consider why organisations measure performance and how performance is delivered and measured. You will consider how different functions with the organisation, such as HR, finance and marketing, view organisational performance and review the effects that control systems can have on an organisation. By the end of the module, you will be able to apply the key principles of managing organisational performance to goal setting, control systems, and measurement systems.

Syllabus

    The module covers:

    Direction and Control

    • Control theory and control systems.
    • Direction setting and levers of control.
    • Strategic control of an organisation.
    • Management control within an organisation.
    • Operational control within an organisation.
    • Financial control for an organisation.

    Managing Performance

    • Performance.
    • Performance measurement.
    • Performance management.
    • The view of performance by different functional groups.
    • Performance management system.
    • Quantification vs holistic views of reality.
    • Reasons for managing performance.
    • Managing risk to improve organisational performance.
    • The effects of creating a performance management system.

    Measuring Performance

    • Reasons for measuring.
    • Performance measurement frameworks.
    • Elements of a performance measurement system.
    • Defining performance measures - the PM record sheet.
    • Quantitative versus qualitative measures.
    • Measuring intangibles.
    • Interpreting financial measures and data.
    • Reporting procedures – internal and external disclosure.
Intended learning outcomes

On successful completion of this module you should be able to:

  • Understand the different categories of performance and what is meant by performance measurement, management, direction setting and control.
  • Understand how different functions, such as HR, Finance and Marketing, view organisational performance.
  • Understand the effects control systems can have on an organisation.
  • Understand the ontology of performance,  theories of control and measurement.
  • Appreciate the difference between quantifying performance and viewing performance as a holistic system.
  • Appreciate the differences between efficiency and effectiveness.
  • Appreciate the different techniques used to direct and control performance at different levels within the organisation.
  • Understand how managing risk can improve organisational performance.
  • Understand the role of corporate governance in the management of organisational performance.
  • Appreciate financial measures, qualitative measures and their application to intangible resources.
  • Recognise the underpinnings of control theory.
  • Apply the key principles taught to the design of control systems, goal setting and the measures employed.
  • Contribute to planning and budgeting cycles within an organisation.
  • Contribute to risk management policies within an organisation.

Supply Chain Management

Module Leader
  • Dr Leila Alinaghian
  • Dr Benny Tjahjono
  • Dr Soroosh Saghiri
Aim

    The module will provide you with an understanding of supply chain management concepts and principles and illustrate how they can contribute to achieving sustainable competitive advantage. You will learn to apply different supply chain and product design strategies and formulate ways to improve supply chain integration to reduce loss in value in terms of time, cost and quality. As part of the module, you will participate in an interactive and competitive business game, which will help you to apply what you have learnt. You will work in groups to build an efficient global sourcing and supply chain under conditions of uncertainty with the objective of sustaining high levels of product availability at low cost, in order to maximise profitability.

Syllabus

    The module covers:

    • Supply chains, shareholder value and competitive advantage.
    • Matching supply with demand: agile supply chains.
    • Global network design and management.
    • The variety challenge: product range strategies, mass customisation and postponement.
    • Integrating the global supply chain: internal and external coordination.
    • Purchasing and supply.
    • Supply chain sustainability.
    • Supply chain simulation.
Intended learning outcomes

On successful completion of this module you should be able to:

  • Understand the principles underlying logistics and supply chain management.
  • Understand the contemporary issues and strategies in supply chain management and logistics that lead to competitive advantage and enhanced shareholder value.
  • Select and utilise appropriate techniques for appraising supply chain operations.
  • Understand the principles of global sourcing and supply chain network design and the interaction between the elements of supply networks.
  • Appraise the factors that enable logistics strategy to contribute to overall competitive strategy sustainably.
  • Criticise and appraise the key strategies and concepts in relation to supply chain management and logistics.
  • Illustrate and evaluate how supply capabilities can be differentiated in order to meet different demand characteristics.
  • Apply different supply chain and product design strategies to deliver high product variety while minimising lead time and cost penalties.
  • Formulate ways to improve supply chain integration internally and externally across supply chain networks to reduce loss in value in terms of time, cost and quality.
  • Work effectively as members of a team.
  • Derive an effective supply chain strategy.
  • Evaluate your chosen supply chain strategy and the performance of your group in executing that strategy.

Effective Cross-Cultural Management

Module Leader
  • Professor Michael Dickmann
Aim

    Taking place each year in Granada, Spain, this module explores management and leadership issues arising from working with different cultures in a domestic or international context and enables students to more successfully manage a range of cross-cultural challenges. It does so using a blend of practical examples, research-based theories and experiential teaching methods.

Syllabus

    This module involves:

    • General Cultural Frameworks and Theories – Analysing Basic Assumptions and the Impact on Cross-Cultural Management.
    • The Key Culture Writers – Evaluating the Differences.
    • Improving Cross-Cultural Communication – Avoiding the Pitfalls.
    • Effective Cross-Cultural Career and Talent Management – Designing Leadership Development for Global Work.
    • Appropriate Behaviours and Positive Emotions – Managing cross-cultural adjustment processes.
    • Organisational Structures of MNCs – Analysing Cross-National Strategies, Structures and Decision-Processes.
    • Applying the Insights – Improving Cross-Cultural Negotiations.
    • Reflection - Key Criticisms to Cultural Frameworks and Personal Takeaways.

    Throughout, the interface between individuals and national/organisational culture will be explored. You will be encouraged to reflect personally on the adjustment required in order to develop effective supranational skills, knowledge, behaviours and social networks.

Intended learning outcomes On successful completion of this module you should be able to:
  • Critically evaluate and apply the key cultural frameworks in order to operate with appropriate sensitivity and responsiveness in cross-cultural situations.
  • Develop appropriate negotiation approaches to exercise influence and persuasion in cross-cultural management situations and to assert viewpoints in a culturally sensitive way, avoiding offence and misunderstanding.
  • Recognise the limitations of their own cross-cultural knowledge and capabilities and critically assess how to tackle those limitations and to evaluate their own cultural adjustment approaches.
  • Devise an effective talent management approach geared to create leaders with cultural intelligence.
  • Critically analyse the advantages and limitations of cultural research.

Fees and funding

European Union students applying for university places in the 2017 to 2018 academic year and the 2018 to 2019 academic year will still have access to student funding support. Please see the UK Government’s announcement (21 April 2017).

Cranfield University welcomes applications from students from all over the world for our postgraduate programmes. The Home/EU student fees listed continue to apply to EU students.

MSc Full-time £15,000

Fee notes:

  • The fees outlined apply to all students whose initial date of registration falls on or between 1 August 2017 and 31 July 2018.
  • All students pay the tuition fee set by the University for the full duration of their registration period agreed at their initial registration.
  • A non-refundable £1,000 deposit is payable on offer acceptances and will be deducted from your overall tuition fee. 
  • Additional fees for extensions to the agreed registration period may be charged and can be found below.
  • Fee eligibility at the Home/EU rate is determined with reference to UK Government regulations. As a guiding principle, EU nationals (including UK) who are ordinarily resident in the EU pay Home/EU tuition fees, all other students (including those from the Channel Islands and Isle of Man) pay Overseas fees.

For further information regarding tuition fees, please refer to our fee notes.

MSc Full-time £22,000

Fee notes:

  • The fees outlined apply to all students whose initial date of registration falls on or between 1 August 2017 and 31 July 2018.
  • All students pay the tuition fee set by the University for the full duration of their registration period agreed at their initial registration.
  • A non-refundable £1,000 deposit is payable on offer acceptances and will be deducted from your overall tuition fee. 
  • Additional fees for extensions to the agreed registration period may be charged and can be found below.
  • Fee eligibility at the Home/EU rate is determined with reference to UK Government regulations. As a guiding principle, EU nationals (including UK) who are ordinarily resident in the EU pay Home/EU tuition fees, all other students (including those from the Channel Islands and Isle of Man) pay Overseas fees.

For further information regarding tuition fees, please refer to our fee notes.

Funding Opportunities

The funding opportunities detailed below are specific to this programme:

Cranfield Scholarships

We have a number of Cranfield Scholarships available for UK/EU candidates. These are awarded at the course director's discretion and are based on merit as well as considerations of financial need. If you would like to be considered for a scholarship, please indicate so in in the financial details section of your application.

Haniel Stiftung Scholarship

Together with the German National Academic Foundation, the Haniel Foundation offers up to eight scholarships every year to young German scholars studying for a business-related postgraduate course in or outside Europe.

The Spotcap Fintech Fellowship

The Spotcap Fintech Fellowship is worth £8,000 for UK students pursuing a postgraduate degree in study related to financial technology.

To help students find and secure appropriate funding we have collated details of a range of scholarships and bursaries available which contribute towards fees and/or living costs for graduates applying for full-time Masters courses in business and management.

Find out more

Entry requirements

We welcome applications from talented candidates of all backgrounds and each application is considered on its individual merit. Usually candidates must hold either a:

  • first or a second class UK honours degree in a relevant discipline
  • international degree - equivalent of UK qualifications
  • professional qualification (e.g. CIMA, ACA, ACCA) with 5 years' relevant work experience.

English Language

If you are an international student you will need to provide evidence that you have achieved a satisfactory test result in an English qualification. Our minimum requirements are as follows:

IELTS - 6.5 overall and 6.5 in the writing component

TOEFL - 92 and a writing score 21

Pearson PTE Academic - 65

Cambridge English Scale - 180

Cambridge English: Advanced - C

Cambridge English: Proficiency - C

In addition to these minimum scores you are also expected to achieve a balanced score across all elements of the test. We reserve the right to reject any test score if any one element of the test score is too low.

We can only accept tests taken within two years of your registration date (with the exception of Cambridge English tests which have no expiry date).

Students requiring a Tier 4 (General) visa must ensure they can meet the English language requirements set out by UK Visas and Immigration (UKVI) and we recommend booking a IELTS for UKVI test.

Applicants who do not already meet the English language entry requirement for their chosen Cranfield course can apply to attend one of our Presessional English for Academic Purposes (EAP) courses. We offer Winter/Spring and Summer programmes each year to offer holders.

Your career

95% of School of Management students were employed within 3 months of graduation*.

The Cranfield Career Development Service offers a comprehensive service to help you develop a set of career management skills that will remain with you throughout your career.

During your course you will receive support and guidance to help you plan an effective strategy for your personal and professional development, whether you are looking to secure your first management role, or wanting take your career to the next level.

Cranfield graduates are highly valued in the job market and aim for careers including consultancy, project management and business operations. Our Management MSc graduates have secured jobs with a diverse range of companies including Virgin Active Group, Whirlpool, BNP Paribas, IKEA, Skanska, Withers Worldwide, Grant Thornton, Vodaphone and Ericsson. Their roles have included Project Manager, Senior Business Analyst, Consultancy Analyst and Sales Trader.

*based on those students for whom we hold data, across all School of Management full-time master's courses (2015/16 cohort).

Career Development Service video
Career Development Service video

Applying

To apply you will need to register to use our online system. Once you have set up an account you will be able to create, save and amend your application form before submitting it.

Once your online application has been submitted together with your supporting documentation, it will be processed by our admissions team. You will then be advised by email if you are successful, unsuccessful, or whether the course director would like to interview you before a decision is made.  Applicants based outside of the UK may be interviewed either by telephone or video conference.

Apply Now