This course 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 leading company during a three-month, expenses-paid, in-company internship project.

At a glance

  • Start date26 September 2016
  • 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 MSc in Management 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 25 years and includes students with either several years’ or very little work experience.

Class Profile 2015/16:

Gender:   Male 68% Female 32%
Age range:
21-27 years
Average age: 25 years
Number of nationalities:    12

Term Dates

Orientation: 26 September – 30 September 2016

Term One: 3 October – 16 December 2016
Term Two: 9 January 2017 – 24 March 2017
Term Three: 10 April 2017 – 23 June 2017
Term Four: 26 June 2017 – 20 October 2017

Why this course?

Cranfield is known for being close to business. For more than 40 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 the Cranfield MSc in Management, you will focus on real-world learning through the use of international case studies, completing a management consultancy simulation and a three-month internship.


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, MSc in Management, 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 MSc in Management 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 MSc in Management include:

Professor Michael Dickmann
Michael Bernon
Professor Mike Bourne
Professor Cliff Bowman
Dr Catarina Figueira
Dr Monica Franco-Santos
Dr Stephanie Hussels
Dr Arnoud Franken
Dr Richard Kwiatkowski
Dr Bob Lillis
Dr Palie Smart
Professor Hugh Wilson
Professor Andrew Burke
Dr Ian Crawford
Dr Johannes Fichtinger
Robert Lambert
Dr Simon Templar

Accreditation

The Cranfield MSc in Management 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.

In 2016 our students worked with a variety of multinational organisations as well as SMEs and start-ups across a wide range of industries including:

  • Marks & Spencer 
  • Skanska UK 
  • Deloitte LLP
  • Whirlpool UK Appliances 
  • Greencore Group 
  • Suzuki GB 
  • Briteyellow 
  • VF Imagewear Majestic (UK) 
  • Orange Business Services

All students undertake a three-month internship, normally between June and August. In 2015/16 all students were paid £4,500 or £3,900 depending on location, as a contribution to living costs by their host companies.

In 2014/15  81% of students were employed within three months of graduation. Of these, internship companies such as Skanska UK, Withers LLP, Cranfield School of Management and Whirlpool UK Appliances employed their Cranfield student directly as a result of their placement.


Assessment

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

Core modules

Economics for Managers

Module Leader
  • Dr Catarina Figueira
Syllabus

    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.

    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

As a result of this module, you will 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
Syllabus

    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. 

    The module covers:

    • The management science approach and break-even analysis.
    • Linear programming and graphical solution.
    • Linear programming with software support (MS Excel) and sensitivity analysis.
    • Probability theory and statistics (basic principles of probability theory, probability distributions, sampling distributions).
    • Decision analysis (decision making under risk and uncertainty, sequential decision making with decision trees).
    • Queuing (single server, multi-server queuing applications for manufacturing and service operations management).
    • Simulation.
    • Hypothesis testing and regression.
    • Forecasting.
Intended learning outcomes

As a result of this module, you will 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
Syllabus

    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.

    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

As a result of this module, you will 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
Syllabus

    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.

    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

As a result of this module, you will 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
Syllabus

    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.

    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

As a result of this module, you will be able to:

  • Critically position the topic in an appropriate organisational context, recognising that tactically, operations management involves cross functional links at the process level.
  • Evaluate the operations contribution to the development and implementation of successful business strategy.
  • Appraise the critical issues faced by different operations, demonstrate how to select the priorities for operational performance improvement and plan the means to bring about that improvement.
  • Design and implement an operations strategy for any organisation.

Managing People and Organisations

Module Leader
  • Dr Ricahrd Kwiatkowski
Syllabus

    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.

    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

At the completion of the module, you will 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 and Planning

Module Leader
  • Professor Hugh Wilson
Syllabus

    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.

    The module covers:

    • Strategic marketing and its role in the organisation.
    • Ten 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.
    • Marketing objectives and strategies.
    • Product and pricing strategy.
Intended learning outcomes

As a result of this module, you will be able to:

  • Understand the evolution and role of marketing and be able to describe the characteristics of a customer-centric organisation.
  • Appreciate a series of marketing tools and techniques and their application in practice.
  • Recognise a successful marketing planning process and understand the construction and evaluation of a strategic marketing plan.
  • Structure and prepare a comprehensive marketing plan.
  • Make persuasive business arguments on paper and in presentations.
  • Evaluate marketing plans prepared by others.

Research Methods and Statistics

Module Leader
  • Dr Ian Crawford
Syllabus

    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.

    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

As a result of this module, you will 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
  • Professor Cliff Bowman
Syllabus

    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.  

    The module covers:

    • Conceptual and empirical research.
    • Competitive and corporate strategy.
    • Strategy in an international context.
    • Strategy design and implementation.
    • The notions of environmental analysis.
    • Resources and sustainable competitive advantage.
    • Political strategy and parenting advantage.
    • Successes and failures for implementing strategy.
    • International development to achieve sustainable competitive advantage.  
Intended learning outcomes

As a result of this module, you will be able to:

  • Appreciate that in order to achieve and sustain advantage, you will need to be able to understand and react to changes in your organisation's environment, to perceive the threats and opportunities in this environment, and to formulate strategies which are consistent with the organisation's resources and capabilities.
  • Examine the key challenges companies face and understand the major approaches companies employ as they seek to navigate complex environments.
  • Understand the key strategy concepts as well as recent research regarding corporate and competitive advantage.
  • Make strategic decisions and improve your ability to think strategically.
  • Utilise practical skills with strategic management tools and techniques.

Managing Profitability, Liquidity and Asset Utilisation

Module Leader
  • Dr Simon Templar
Syllabus

    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. 

    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

As a result of this module, you will 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.

Elective

Disruptive Innovation

Module Leader
  • Dr Clive Savory
Syllabus

    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.

    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

As a result of this module, you will 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
Syllabus

    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. 

    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

As a result of this module, you will be able to:

  • Understand the business environment and determinants of the performance of new ventures.
  • Appreciate economics, strategy and finance across the entrepreneurial life cycle.
  • Understand the growth, development and evolution of new ventures.
  • Understand new venture strategic and financial management across the entrepreneurial life cycle.
  • Exhibit due diligence on new ventures.
  • Appreciate business planning.

Managing Business Technology Investments

Module Leader
  • Dr Arnoud Franken
Syllabus

    The module is concerned with how technology enables improvements in business performance. It teaches you how to manage technology in order to deliver real business benefits, and how to manage the business changes associated with the implementation of large technology investments. You will learn to assess where business technology can add value to an organisation's performance, to identify the benefits of a business technology initiative, to develop a business change implementation plan, and to identify risks associated with technology-enabled business change.

    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

As a result of this module, you will 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 ECY Lee-Kelley
Syllabus

    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.

    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

As a result of this module, you will be able to:

  • Understand the basic theoretical concepts that underpin effective project management.
  • Understand the principal differences between the published bodies of knowledge.
  • Understand the lifecycle approach, its principles, application and benefits.
  • Understand the relationship between business strategies, portfolios, programmes and projects.
  • Assess appropriate use of a range of skills to a variety of project scenarios.
  • Understand the practical planning of a small project using the appropriate tools and techniques. 
  • Define the responsibilities of key players.

Organisational Performance: Direction, Control and Measurement

Module Leader
  • Professor Michael Bourne
Syllabus

    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.

    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 completion of the module, you will 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
  • Mr Michael Bernon
Syllabus

    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.

    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

As a result of this module, you will 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
Syllabus

    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.

Intended learning outcomes

As a result of this module, you will 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

MSc Full-time £17,500

Fee notes:

  • The fees outlined apply to all students whose initial date of registration falls on or between 1 August 2016 and 31 July 2017.
  • All students pay the tuition fee set by the University for the full duration of their registration period agreed at their initial registration.
  • A deposit may be payable, depending on your course.
  • 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.
MSc Full-time £21,500

Fee notes:

  • The fees outlined apply to all students whose initial date of registration falls on or between 1 August 2016 and 31 July 2017.
  • All students pay the tuition fee set by the University for the full duration of their registration period agreed at their initial registration.
  • A deposit may be payable, depending on your course.
  • 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.

Funding Opportunities

To help students in finding and securing appropriate funding we have created a funding finder where you can search for suitable sources of funding by filtering the results to suit your needs. Visit the funding finder.

Bursaries

We have a limited number of bursaries available for UK/EU candidates, worth up to £4,000. 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 bursary, please indicate so in the financial details section of your application.

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; or the international equivalent of these UK qualifications; or a professional qualification (e.g. CIMA, ACA, ACCA) and have 5 years' relevant work experience.

Having taken your application into consideration, the course director may also require you to take GMAT (minimum score 600). The GMAT course code for the MSc in Management is K2H-N3-14.

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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. The minimum standard expected from a number of accepted courses are as follows:

IELTS - 6.5, with a minimum of 6.5 in the writing component

TOEFL - 92, with a minimum of 21 in the writing component

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.

Your career

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.

Last year's MSc in Management graduates secured jobs with a diverse range of companies including Virgin Active Group, Whirlpool, BNP Paribas, IKEA, Skanska and Ericsson.

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.

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