The Full-time MBA at Cass has a flexible approach to learning to help you achieve your career goals. You can choose to study a wide range of electives or focus on a concentration in one specific area.
You can choose from across our Full-time and Executive MBA portfolio of classes, some electives will run in the evenings and over weekends rather than during the day. Below is a sample of the options available the student in the 2019/2020 year:
Advanced Corporate Finance
The course aims to equip you with the skills set you need in order to recognize financial and strategy related situations you will come across in your professional lives as advisors or managers.
You will focus on some strategic decisions made by healthy and distressed companies, particularly: raising capital from angels, venture capitalists, initial public offerings and seasoned equity offerings, corporate restructuring and bankruptcy. You will be encouraged to view these as ''real life'' situations. The course includes a presentation and discussion of the concepts but also a set of case studies. In order to extract the greatest value, you will be required to prepare and discuss the cases in class.
- Understand deal mechanics and structuring issues
- Understand the impact of financial decisions on corporate strategy
- Apply valuation skills.
Advanced Strategy and Business Models
The course aims to give you an understanding of strategy and what a business model is, how they work and how organisations can strategically mobilise business models to create long term advantage.
You will be provided with a set of perspectives (and associated tools) that contain well- articulated academic thinking on corporate strategy and business models in a globalizing and increasingly digital environment.
- The Logic of Business Models and the Fit between Business Models and Strategic Thinking
- Cognitive Processes and the Mind of the Chief Executive
- Managerial Action, Politics and Strategy Implementation
Applied Financial Analysis for Managers and Investors
This module aims to help you develop hands-on expertise in applied financial analysis; developing both general skills as well as those specific to certain sectors in finance. It also helps to integrate and extend learnings gathered in previous modules (such as financial reporting, financial statement analysis and corporate valuation) without posing any strict pre-requisites to take this elective.
You will benefit from taking this elective if you are expecting to work directly with financial information in Excel, or to supervise those doing this kind of work.
- Microsoft Excel best practices for maximizing speed and efficiency when working with financial information
- Key Excel tools for budgeting and project appraisal
- Structuring a corporate forecast model based on best practice techniques used by investment professionals
- Using a corporate forecast model for equity valuation and transaction analysis (M&A and LBO)
- Sensitivity analysis and scenario analysis
- Checking financial information in Excel: error-checking and stress-testing techniques.
- Understanding how practitioners utilise Excel for financial analysis
- Learn how financial techniques for project and investment appraisal are applied in practice
- Link your knowledge of accounting / financial reporting to the practice of building a budget and a corporate forecast model
- Understand the limitations of applied financial analysis in Excel and the most common pitfalls.
Behavioural Finance is a hot topic among academics as well as practitioners. The main paradigm in Finance is that the financial markets are efficient. Thus the main assumption behind the valuation models we teach is that the financial decision makers are rational. Behavioural finance introduces work in the psychology of decision making in finance and argues that human nature is prone to bias and this can be extended to financial decision making. Once we move away from the idea that market participants are rational and are able to process knowledge logically then the efficient market hypothesis cannot hold true in its purest form.
The module aims to introduce you to the key insights from research in “behavioural finance”. This name itself is quite broad with different books emphasising different aspects. In this module we will take a very broad approach and will use ideas from psychology, philosophy, neuroeconomics, game theory and decision theory to show that humans are not rational creatures in the way we like to think we are and that our brain which evolved over time is better equipped to deal with survival than rational, emotionless choices.
The course will be lecture based but very interactive. Information will be presented and attendees will need to vote or enter their selections based on information given. The ideas in class will not be purely finance driven but the biased responses which will be derived will be analysed and then set in the context of financial decisions in the area of stockmarket investing, project decisions and also in our daily lives.
- Recognise and understand the major issues in behavioural finance. These include biases, which frequently occur in financial decision-making such as optimism, mental framing, over-reaction, trend-chasing, conservatism and anchoring of expectations.
- Appreciate the practical understanding of cognitive psychology in a financial domain
- Appreciate modern theory of finance on asset valuation.
- Appreciate the experience of practitioners on the use of modern finance theory and related problems/possible solutions.
Branding and Advertising
To help you to understand the economic contribution that advertising can make to an organization and the extent to which advertising can provide companies with a substantive source of differentiation.
To demonstrate what advertising communications can achieve for a company and its offerings both in the short and long term. This entails analysing the specific financial contribution can make and more generally how advertising can influence customer choice. In particular, the course looks at the influence of branding and how advertising can contribute to building brands.
- Evaluate what advertising can (and has) achieved for a given organization. For instance the economic contribution that advertising/branding has made to companies such as BMW and Coca-Cola.
- Understand what brands are and why branding is so important.
- How organizations can create effective advertising.
- Critically evaluate advertising campaigns against the stated objectives.
- Understand the importance of advertising in achieving differentiation, namely establishing perceived quality.
Capturing Value from Technological Innovation
Cass Entrepreneurship Fund Project
This module will build on your knowledge and teach you to apply it to specific, real-life business problems. The challenge, that will be your consulting project, will come from Cass Entrepreneurship Fund (CEF) or from its portfolio companies. If it is a portfolio company, the firm you work with may be a high growth start-up. Your client may be looking to you to add value by developing important market research around sourcing new revenues, developing business structures for start-ups, marketing products and services or identifying future investment opportunities. You will need to consider how to apply many of the business and management models and techniques that you have learned in earlier modules.
Having completed the consulting project you will have a greater understanding of the kinds of problems that businesses face, and how consultants try to identify potential solutions to these challenges. You will be able to draw upon your knowledge of having completed this process with potential future employees.
- Apply your MBA learning to real business development issues of a venture capital fund or its portfolio companies
- You will need to observe and reflect on your knowledge, experience, and the data and knowledge you gain from your project company in order to respond to question(s) or tasks as set by the company.
- Demonstrate how to scope a consulting project and clearly identify what can and can’t be done within the time-frame and other constraints
- Apply theories and methodologies learned in the first term of the MBA in a practical way
- Analyse the business problem using appropriate research methodologies from different disciplines
- Source and collect data about market trends, potential competitors, alternative solutions, and other information relevant to your consulting project
- Use the time efficiently to meet as a group, and coordinate a plan for undertaking research and reporting back.
Competitive Edge with Digital Technologies
How to compete in rapidly changing markets that are influenced by disruptive digital technologies?
In a world where digital technologies such as Internet of Things (IoT), Big-Data analytics, Artificial Intelligence, Machine Learning, Robotics Automation, Block chain – appear to be changing the competitive dynamics of industries; managers and future business leaders need to understand how to skilfully surf these waves of digital technologies – first separating weak signals from noise and then turning them as a source of momentum to gain competitive advantage!
This module focuses on four levels of analysis, each dealing with topics of competition and digital technologies. It starts with topics related to the paths individual decision-makers take to scan, try, and adopt digital technologies followed by an analysis of organizational designs to build digitally savvy enterprises. Then we discuss how organizations use technology as a competitive edge by experimenting and scaling –using lean methodology, and conclude with deep-dives in contemporary topics in digital technologies such as decision making using big-data analytics, artificial intelligence, and automation.
- To enable participants to develop skills in ‘thinking digitally’ and defining business problems for digital solutions.
- To build knowledge of the latest concepts in organizational design, managerial decision making, development of ecosystems, and establishment of digital markets.
- To enable participants to develop a working understanding of the latest disruptive digital technologies, a framework to experiment with these technologies, and current debates in the policy environment.
Consulting to Management
This elective aims to meet the needs of three groups of students who will have different needs, namely, those thinking of becoming management consultants and/or toying with the idea of starting their own consulting business, or specialists/professionals who wish to advise/intervene in organisations as internal consultants. Visiting speakers from consulting firms, internal consultants, and purchasers of consultancy services, will deliver a variety of practical perspectives to ensure the interplay of theory and practice.
- Know and understand the management consulting industry (global, European, national)
- Understand institutional theory in the context of consulting.
- Understand guru theory and fashion setting
- Understand theories relating to the consulting process; dynamics of consultant- client relationships; consultants' roles and skills; client responsibilities; consulting methodologies, tools and concepts; strategy and management of consultancy firms.
- Understand guidelines on choosing and using consultants.
- Differentiate internal consultants and consulting - advantages/ disadvantages, strengths and weaknesses, in comparison with external consultants. Issues of objectivity and independence. Guidelines on marketing an internal consultancy unit
- Identify issues in assessing and evaluating consultants, consulting, consultancy - intangibles and identification and measurement.
Digital Marketing and Social Media
This module, provides clarity on the definition of digital marketing. It describes the structural properties across which digital and electronic resources can differ and reviews some wider considerations in the development of digital marketing strategy.
An important part of digital marketing is social media, both in terms of interaction avenues for customers as well as new and evolving native advertising platforms. We discuss how the approach to digital marketing has evolved from accumulating to selecting traffic.
- Demonstrate a critical understanding of a marketing model for the internet—digital marketing strategy.
- Evaluate the role of digital media and social media in the marketing mix and how it is challenging established marketing theories
- Demonstrate a conceptual understanding of the necessary steps for a successful internet campaign.
- Critically evaluate when and how digital and social media marketing can be best integrated into a marketing mix.
- Demonstrate an understanding of the differences between advertising, native advertising, and influencer marketing.
- Be equipped to keep an interaction going online.
FinTech’s Disruption or Synthesis
Digital technologies such as distributed ledgers, machine learning, big data, artificial intelligence are revolutionizing the finance and insurance industries. This module provides insights on the current state of the fintech and insurtech ecosystems - hereafter referred to as Fintechs - and on the likely potential developments, both in terms of “disruption” of the legacy financial service industries and in terms of cooperation, or “synthesis”, with incumbent players.
Questions that will be addressed include: will Fintechs dominate the finance and insurance industries? Or, will banks, financial institutions and insurance learn how to leapfrog Fintechs and or cooperate with them? Under what circumstances? How?
Throughout the module, all questions will be discussed vis-à-vis the potential regulatory developments and the social trade-offs including the ones about privacy, freedoms, law-enforcement, inclusion and diversity.
- Current state of the fintech ecosystem, near-term opportunities and long-term trends in fintech innovation
- Current state of the insurtech ecosystem, near-term opportunities and long-term trends in insurtech innovation
- Incumbent responses to FintechsEmerging trends in Fintechs/incumbent cooperation
- Fintechs developments in China
The aim of this course is to give you a working understanding of the main quantitative and judgemental methods used to guide business and marketing decisions in general and financial decisions in particular. In addition to conventional business forecasting techniques, the course introduces in an accessible way some of the more exotic techniques in vogue in financial markets (volatility forecasting, technical analysis), and the new techniques of data mining that are increasingly applied in “big data” environments (neural networks, genetic algorithms).
A background in statistics is not necessary to enjoy the course. Methods are explained at an intuitive level, and you will get hands-on experience using industry-standard forecasting packages such as EVIEWS and Metastock.
- Understand main techniques of business and financial forecasting
- Understand widely-used forecasting software
- Analyse time series business and economic data
- Make forecasts with this data
- Contribute to planning and forecasting meetings within companies
- Make an informed and critical judgment about commentary and forecasts written by professional forecasters and management consultants
Innovation & Entrepreneurship
The module aims to provide knowledge and practical tools for the management of innovation and entrepreneurship, which are crucial organisational processes bringing new products, services and technology from a mind or a lab to the market.
Innovation and entrepreneurship are multidisciplinary activities involving strategy, R&D, marketing and project management. In practice, managers face a number of complex issues simultaneously.
- Understand the new product development process (How do organisations introduce new products? How is the idea developed and processed? Who talks to whom inside the company? How do we manage successful product development projects)?
- Have a good feel for technology management (How can we organise and fund R&D? What is the role and practice of patenting and licensing? How can we sell and/or buy technology?)
- Understand the distinguishing characteristics of innovative organisations (regarding external communications, leadership, strategy, creativity and structure).
- Be introduced to issues regarding the launch and the post-launch marketing campaign supporting new products and services.
- Understand how to launch and to finance a HIGH-GROWTH, innovative business
Innovation practice in Tel Aviv offers a radically different business environment in a fast-moving and technology-focused ecosystem characterized by a high density of entrepreneurial companies and venture capital. The module is the integrating element of the MBA core teaching, bringing together the theoretical elements of the travel elective in a practical experience, enabling you to draw out the principles from core modules on strategy, entrepreneurship, and innovation.
You will be asked to apply classroom learning to very demanding problems in fast-moving businesses within the technology ecosystem of Tel Aviv. The practice of embedding students within companies adds value to the hosting company who will engage, quiz, and challenge you in individual or pair placements. In contrast to class room teaching, the sought-after skills required during the innovation practice include the development of distinct research skills, structural, organizational, and interpersonal skills.
This innovation practice is designed with a multidisciplinary approach to research and development in order to better prepare you to use new and existing knowledge honed in context, and to reflect the reality of innovation projects which cannot be solved by a segmented discipline but rather by insights taken from all business disciplines and in an integrated way.
- Provide an international short yet intense work experience - you will be tasked with participating in an ongoing innovation project in different high-tech firms based in and around Tel Aviv.
- Provide a practical experience - you will experience culturally and organizationally diverse ways of doing business and develop an innovation for fast-moving market environments and join crucial business decisions in context.
- Allow for application and integration of the MBA learning from core course – you use knowledge obtained during core modules to solve innovation problems in new contexts.
- Allow for application of individual professional experiences – you will be asked to use insights from their own experiences and personal growth as a professional and bring an outside objective perspective to the innovation project in Tel Aviv.
- Allow you to work as a team – you will be asked to integrate and collaborate in a cross-cultural environment to achieve the goal of your project and write up the final report.
International Financial Management
In recent years there has been a trend towards globalisation. That has impacted on all financial decisions and has necessitated the understanding of international financial markets.
This module provides you with an understanding of the international financial environment in which businesses operate and looks at the way businesses source, manage and invest funds.
You will get an understanding of the structure and functions of foreign exchange markets, and of the international financial environment, in order to reach optimal financial decisions. In particular:
- The objectives of international financial management.
- The architecture of the international financial system
- The nature of exchange rates and exchange rate regimes
- Corporate foreign exchange risk management
- Sourcing funds internationally
- Financing working capital and foreign subsidiaries
- Intra-company financial dealings
- The relationship between international finance and other disciplines
- Understand the development and shape of the international financial infrastructure
- Have knowledge of international sources of corporate funding and their characteristics
- Understand the nature of the management & investment of corporate funds internationally
- Understand financial management in the context of international business generally.
Investment Strategy & Practice
Practice and theory rarely mirror each other. Whilst students learn a lot in the classroom during core courses about theory, there is always a need to develop good practice and rehearse the theory as it is applied in reality.
This module aims to bring investment management and strategic level asset allocation into real life, encouraging you to rehearse skills that will be important in your future careers.
The course aims to bring financial theory and investment practice together. It aims to engage you in discussion about the fundamental concepts of traditional finance and challenge this against the observed behaviour of investors.
It will explore and educate you in both how and why, in practice, different investment funds and approaches are put together and illustrate why investors should critically analyse and understand their own needs before setting their investment strategy.
- Differentiate types of investors and their liability models
- Understand different investment strategies and approaches
- Have an understanding of both major and alternative asset classes
- Understand the parts played in asset allocation by correlation and returns expectations
- Work with confidence within the investment management industry
- Consider the social and financial costs and benefits of financial decisions
Leading in Challenging Situations
On the Cass MBA Programme, we consider an Explorer’s Mindset a huge advantage for the next decade and beyond, when impactful leaders in many types of organisation will be required to:
- Navigate, with others, new paths to success
- Make critical decisions without complete information
- Remain highly sensitive to economic and technological “weather” and anticipate changing operating conditions
- Adapt goals and priorities in fast-changing environments
- Authentically inspire and influence others and be a positive role model.
This 5 credit elective will allow you develop and improve your leadership decision-making in challenging situations by increasing your self-awareness and self-reflective capabilities, enhancing your leadership and team effectiveness. Through undertaking one day of classroom learning, including a team-based Leadership Simulation, followed by a practical “Expedition” - a climb, a trek or a social adventure – you will hone your communication and teamwork skills, undertake a “stretch experience” to extend your comfort zone and grow your understanding of what you can achieve.
You will spend one day in class developing your understanding of leading in challenging situations by undertaking the Harvard Business School Everest Simulation which involves a challenging expedition towards the summit of Mount Everest and examines leading effective team decision-making processes. During the “climb” to the summit there will be a variety of challenges that must be solved for the team to succeed.
In the second part of the day in class, and after the Everest Simulation Debrief, you will examine relevant leadership literature and undertake reflective exercises to prepare for the practical “Expedition”.
Leading Digital Transformations
On this course you will have the opportunity to study strategy and technology entrepreneurship in the context of digital transformation and is compulsory for all students interested in attending the Digital Strategy in Action international elective in Silicon Valley.
The course is divided into four parts. First, in order to develop a (preliminary) vision of what digital transformations are and of their far-reaching impact, you will review some evidence on the far-reaching psychological and socio-economic implications of the ongoing digital transformations.
Second, you shall examine regulation of digital markets since regulation poses both opportunities and challenges for established companies and entrepreneurial start-ups.
Third, you will focus on the digital transformations’ business implications and after reviewing some basic tools from economics, you will delve deeper into topics including value chain digital transformations, digital ecologies, digital convergence, digital disruptions, digital innovation and digital business models.
In the last part of the course, you will briefly describe the emergent London’s ‘TechCity’ to equip you with a comparison point for your subsequent visit to the Silicon Valley.
- Understand the links between strategy, organization, capabilities and digital transformations
- Develop convictions and scenarios on the psychological, sociological, economic and business impact of the on-going digital transformations;
- Critically evaluate strengths and weaknesses of the traditional strategy and entrepreneurship tools;
- Understand transformational patterns and best practices
Managerial Decision Making
The managerial decision making elective is both reflective and challenging. It explores how you make decisions, how others may make them and how you can make better and more effective choices with those around you.
This elective focuses on you, your decision making and how you can make more valuable decisions. You will learn about the two crucial elements of effective decisions: the quality of them and the commitment to make them work. The outcome of the elective is:
- A better understanding of your current way of thinking and approaching problems
- A deeper understanding of how others make decisions and how you can influence both the process, quality and output of group decisions
- An understanding of how organisational culture, structure and nationality brings new challenges to our approach to decision making
- To cultivate intuitive judgemental and decision making skills
- To use a wide range of performance media for business problem solving.
- A better understanding of your current way of thinking and approaching problems
- A deeper understanding of how others make decisions and how you can influence both the process, quality and output of group decisions
- An understanding of how organisational culture, structure and nationality brings new challenges to our approach to decision making
Managing Strategic Change
This elective focuses on strategy implementation and specifically planned strategic change as opposed to emergent change or change that comes about in organisation due to constant realignment and organisational learning. The particular aim is to explore organisations which set-out to undertake a step change, either in a pro-active manner in recognition of the need for pre-emptive change given potential threats that may arise in the future, or in a re-active manner in response to an immediate need, such as a direct competitive threat.
For planned strategies to become a reality, rather than dusty reports on shelves, strategists need to be able to link strategic thinking through to action. This in turn requires us to integrate the different streams of work on strategic change from a strategy and a strategic HRM perspective. With its focus on managing strategic change, the elective aims to give you an overview of different theories on strategic change, but also to introduce you to some practical frameworks that can be applied in organisations to deliver strategic change.
- Appreciation of the issues facing change agents when managing complex change
- Appreciation of the need for context sensitive approaches to strategic change rather than the application of simplistic "ten step recipes"
- Understanding and practical grasp of tools and frameworks that can help with the design of context sensitive change
- Understanding of the issues involved in transition management
- Understanding your own strengths and weaknesses as a Change Leader
- Appreciation of the skills required of change agents if they are to deliver change successfully.
Mergers and Acquisitions
This course focuses on the topics you need to know for a world where M&A is an integral part of the strategic and financial business landscape. It takes a global perspective, not focussed on any one market or industry although the course spends more time discussing the financial services industry.
The aim of the course is to familiarise you with various aspects of M&A in order to be able to:
- Understand the role of M&A in the life of a corporation
- Understand how to apply valuation techniques learned elsewhere
- Be familiar with the various techniques used in the different stages of a merger or an acquisition (including post-merger issues)
- Understand the alternatives to M&A
This is a multidisciplinary course that takes a general management and strategic approach to M&A, but necessarily incorporates the financial, organisational / individual behaviour and legal / regulatory aspects of M&A as well.
- Become comfortable, if not fluent, in the topic of Mergers & Acquisitions.
- Have an understanding of the blend of strategic and financial concepts applied to M&A.
- Full recognition of the impact on organisations and people of corporate restructurings.
New Venture Creation
The aim of this module is to provide students with knowledge of the need for innovation and all aspects of the new venture creation process including feasibility testing, marketing financial forecasting and securing finance. At the end, the participant will be able to produce a comprehensive business plan covering the first three years of the commercialisation of their business idea.
- To understand the entrepreneurial environment
- Identify triggers and barriers to entrepreneurship
- Recognise the innovation process
- Understand the importance of small firms to the economy
- Now the appropriate business models for commercialisation of business idea
- Learn financial forecasting
- Discover sources of funding and the investment process
- Find the correct IP protection for a company
- Create a business planning process.
Private Equity is already regarded as a mainstream discipline within the investment community in North America, and is rapidly becoming so in Europe. However, it is radically different from other asset classes studied at Masters level (for example, bonds and quoted equity markets) and requires very different skills and disciplines, a knowledge of which will be essential to tomorrow’s investors.
To impart a thorough understanding of how private equity functions as an asset class, what are the different sub-classes which it contains, how its returns are earned, and how these may be measured and analysed.
- Be able to model and analyse buyout returns
- Be able to model and analyse venture returns
- Have a thorough understanding of the drivers of returns in the different private equity categories
- Be able to segment PE funds by size, sector, stage and geography
- Know how to plan and implement a PE fund programme
- Be familiar with the main documentation used in the PE industry
- Consider the ethical implications of the PE model.
This four-day immersive module aims to expose you to practical tactics in order to scale your venture. This course is for start-up founders and senior managers who have achieved product-market fit and seek to lead the rapid growth and change in their organisations.
Through a combination of hands-on workshops, case studies, role playing, lectures by faculty and expert entrepreneurs, you will acquire a deep and critical understanding of the main areas that will deliver tangible results and ensure the future of your company.
- Understand why and how ventures scale up
- Gain exposure to scale up tactics
- Understand how to manage transitions
- Understand the innovation process while growing
- Apply MBA learning and skills to scale up issues.
Storytelling in Business
The purpose of this elective is to explore, demonstrate and explain the storytelling techniques used by successful companies and executives such as the late Steve Jobs to influence internal and external audiences. Contemporary managers need these skills for diverse business situations, including addressing company meetings, advertising their business, corporate presentations, brand management, strategic planning and sales presentations. Attendees will be shown that successful corporations such as 3M, Xerox, IBM, NASA, Intel and Apple actively use storytelling techniques to explore and communicate complex management issues. Microsoft has its own story-telling department and a dedicated Director of Storytelling.
3M replaced its traditional business-planning process with one focused on story telling, and Oracle has adopted a programme to enhance its sales process through creating engaging product stories known as “story-selling”. With a focus on using storytelling as a business tool, this elective will give an overview of different theories of storytelling in a business environment. Students will be introduced to practical frameworks and toolkits that can be applied in organisations to enhance communication across business disciplines.
By the end of the elective students will be able to apply their theoretical knowledge to a corporate and entrepreneurial environment using storytelling as an effective business tool.
- An appreciation of the different theories of storytelling in business
- Knowledge of pyramid thinking and other tools on how to create and structure stories to demonstrate that storytelling is not an art but can be applied as a modern business tool
- An understanding of tools and frameworks that can help with the design and implementation of storytelling
- Knowledge of the four stories each company has to have in their repertoire
- An understanding of the issues involved in building stories and using them in a corporate environment
Succeeding in Professional and Financial Services
In the past two decades professional service firms have emerged as some of the most rapidly growing, profitable, and powerful organizations in the global economy. Consulting firms and investment banks are now listed as Fortune 500 companies; accounting firms and law firms have pioneered the development of the global professional partnership; and advertising agencies have become exemplars at managing creative, knowledge-based workers across complex international projects.
Professional service firms pose distinctive challenges for the people who work within them. As such, conventional management models are of only limited value in understanding and analysing the complex interpersonal and organizational dynamics that operate within these firms. This course will help you to understand these firms in depth and help you to navigate your way more effectively within them. It will also introduce you to leading edge research being conducted by the Cass Centre for Professional Service Firms.
- Manage professionals, how to perform a functional role effectively within a PSF
- Manage knowledge and develop new practices, how to manage client relationships
- Exercise leadership at all levels within a PSF
- Grow a PSF from start-up, how to manage subsequent growth and global expansion
- Address the challenges currently confronting the professions and PSFs
- Manage mergers and large scale change management projects, how to deal with being involved in them
- Exploit the benefits and address the problems associated with different models of governance and ownership
Supply Chain, Finance and Risk
The module covers various aspects of supply chain finance, including trade credit, working capital management, cash conversion cycle and risk management. The module aims to provide you with a profound understanding of the role of finance and risk management in supply chains, including the specific techniques that are used by industry, banks and investors.
- Conceptualise and evaluate the current problems and/or new insights in supply chain finance and risk management
- Define supply chain finance problems from different perspectives, including suppliers and retailers
- Assess the different types of structure that can be used to finance trade over short, medium or long-term periods
- Evaluate the solutions available for financing specific goods and/or products as they move from origin to destination along the supply chain
- Identify key supply chain risks and assess risk mitigation strategies
Wealth Management Industry
In this module, you will explore in detail the concepts that underlie private client and institutional wealth management as well as the governance framework that practitioners follow. The module places emphasis on active management, where the investment manager seeks to render higher performance than the markets, as against passive management where the objective is to replicate market performance.
- Have a good understanding of the variety of firms that provide wealth management services to private individuals and institutions and of their internal structure and governance
- You should be able to analyse why and how different firms are structured depending on the characteristics of their wealth management offer
- Have a grasp of the various concepts behind active investment management
- Based on the characteristics, investment goals and risk profile of both retail and institutional clients, you should be able to argue in favour of suitable investment portfolios and create appropriate models
- Obtain an understanding of the need for sound internal governance procedures and learn how regulation seeks to promote corporate and individual practitioner behaviour so as to safeguard the interests of clients
- You should be able to articulate why certain behaviours that run counter to sound governance may result in detriment to the client, the firm, or even the sound functioning of the industry as a whole
- Obtain a solid overview of private client and institutional investment and of the ramifications on which the industry is based and upon which it is likely to develop
- Evaluate informed choices as to the sectors within wealth management where your interests and aptitudes should be directed
- Understand the difficult choices that practitioners must make when regulatory constraints and/or limits in corporate resources restrict the scope of activity
- Ensuring the clients’ best interests may conflict with the profit motive of practitioners and their perception of how to achieve personal advancement. Lax internal procedures and governance oversight may lead to investment practices that confer unfair and illegal advantage to practitioners. The industry is also subject to criminal activity in the laundering of illicit funds. Key to long term sustained success in the industry is the need continuously to ponder and judge these and other ethical issues involved in the practice of wealth management
China: International Study Tour
The aim of the Cass MBA international electives is to give you practical insights into how businesses operate within cultural, economic and regulatory environments that are very different from those in North America and Western Europe.
The Cass Business School MBA Study Tour to China will focus on the outlook for China with its burgeoning economy, the impact its growth will have on business and the ways in which companies, large and small, have made the most or can make the most, out of the huge market potential it has to offer. The key learning objective is to develop a better understanding of China and its business environment with the companies’ focus on excellence and to apply the learning outcomes of the core MBA courses and the electives to a specific international context.
The objectives of the programme are to:
- Learn about the institutional, political, socio-economic and business environment of China
- Gain real life exposure to a variety of Chinese companies from different sectors and functions to understand how they achieve excellence
- Apply MBA learning and skills to a real international business issue of excellence within the organization and across organizations.
- Understand the institutional, political, social and cultural dynamic of doing business in China
- Recognise the importance of China in global business terms
Cuba: Facing the Sustainability Revolution
This intensive tour is designed to immerse students in an area of the world facing radical changes. It will offer a rare opportunity to witness the rebirth of what was a flourishing economy before the 1959 Revolution and the subsequent embargo imposed by the USA and other countries in the world.
The program includes field trips, visits and lectures by Cuban and other Faculty economists, subject matter experts, industry leaders and political officials. Students will explore a number of topics including: Cuban current affairs; Cuban regulation of foreign investment and business activities; the Cuban economy and reforms; as well as the direct experience of what sustainability and social impact mean for that particular zone of the world.
- Learn about the institutional, political, socio-economic and business environment in Cuba;
- Gain cross-cultural experience: you will experience ways of doing business from within an emerging market economy.
- Understand the challenges facing business within that geographic region.
- Apply MBA learning and skills to international business issues
- Critically evaluate strengths and weaknesses of the Cuban economy and identify threats and opportunities
- Understand the challenges and opportunities that arise from integrating sustainability into business strategies.
Israel and Palestine: Innovation and Technology Study Tour
This 5-day intensive tour is designed to immerse you in an area of the world described by The Economist as an “economic miracle”, noting that Israel now has more high-tech start-ups and a larger venture capital industry per capita than any other country in the world. Israel is a first-tier innovation hub, second in the world only to Silicon Valley in its concentration of start-up companies with more companies on the tech-oriented NASDAQ stock exchange than all of Europe and India combined. You will observe first hand the Israeli high tech industry and learn how entrepreneurs generate new ideas, assemble teams, start up new ventures and create successful innovative companies across multiple sectors. You will attend workshops and company visits and conduct field research on designated themes to collect primary data to use in your syndicate assignments.
The aims of this module are to expose you to a vibrant technological environment in both Israel and the young emerging tech industry of the Palestinian Authority in the West Bank. You will be able to explore the technological ecosystem in the different stages of business growth and development including insights not only of the entrepreneurs but also venture capitalists, government offices, technology incubators and established technology companies. You will be able to reflect on the way Israel’s culture, environment and strategy create centres of innovation and get deeper insight of Palestinian entrepreneurial challenges. You will be encouraged to reflect on the role of business and ethics in leading change and economic growth in conflict affected areas. Your ability to evaluate innovation projects and entrepreneurial ventures can benefit from understanding the implications of a geo-political context in much higher resolution than by reading news only.
Upon completing the Study Tour programme you will be able to:
- Understand the different stages of a start-up development, the challenges, and interfaces with sources of finance and government influence
- Gain insight into models of fundraising and local labour market dynamics
- Appreciate the drivers of innovation in an international business context
- Contextualise and apply knowledge gained to your working practices in a challenging and geo-politically charged business environment
Kenya: Tech for Social Good
Technology is increasingly playing a central role in the generation of innovations that target the grand challenges of today’s world, captured by the United Nations’ Sustainable Development Goals (https://sustainabledevelopment.un.org). The UK is at the forefront of this effort with its flourishing social innovation scene populated by countless social enterprises, tens of social innovation intermediaries, and a fast-expanding impact investment industry. London – and in particular the City where Cass is uniquely positioned – is the pivotal centre of Europe’s digital innovation landscape (Nesta, 2017), arguably fulfilling the dream of ‘Social Silicon Valleys’ envisioned by the Social Innovation Exchange (SIX) in 2006 and described in the important “Manifesto for Social Innovation: What it is, Why it matters, and How it can be accelerated” published by the Young Foundation in the same year. Africa, though, is fast gaining ground and closing the gap, supported by the “technical renaissance” of many of its Sub-Saharan countries, with “the world’s tech titans… floundering to understand and gain a foothold in this market” (Techcrunch, 2018). A fundamental reason behind this ‘renaissance’, with regard to social innovation and the application of technology for social good, is the pervasiveness of social needs in these regions, coupled with huge and expanding market demand, and significant advancements in the penetration of the Internet.
With this background, you will have the unique opportunity to explore London’s Tech for Good scene in an on-campus preliminary day with seminars, events, and activities before flying to one of the target countries to observe first-hand the depth and breath of tech for good evolution in Sub-Saharan Africa - with company visits and workshops to understand its ecosystem of innovation hubs, startups, investors, and corporate players – before immersing yourself in contexts where the social needs are profound and tech solutions are being explored.
The aims of the module are to challenges deep assumptions about the sources and nature of technological innovation, with emphasis on social needs as key drivers, and to expose you to vibrant yet very different Tech for Good environments in London and Sub-Saharan Africa. As part of this immersive journey, you will have the opportunity to conduct field research on designated themes to use in your syndicate assignments. You will be encouraged to reflect on the role of technology as a driver of social change as well as on the role of new business models that can foster economic growth and shared value creation across developed and developing countries.
Upon completing the Study Tour programme you will be able to:
- Understand the nature and characteristics of digital social innovation, the challenges, and interfaces with sources of structured support within innovation ecosystems, and the impact of different technological solutions on the ground.
- Gain insight into modes of Tech for Good development;
- Appreciate the drivers of innovation in an emerging market context;
- Contextualise and apply knowledge gained to your working practices in a challenging business environment.
South Africa: Leading Change in a Complex World
The South Africa tour will provide an opportunity for you to learn about the management, finance and cultural issues facing businesses within this geographical location.
The aims of the course are to provide examples of how business operates within different cultures, the regulations and issues facing start ups as well as the broader socio-economic issues. Specifically the South African Symposium will focus on how organisations have managed change in this increasingly complex and highly diverse business and cultural environment. Key issues highlighted will include the challenges of managing political transformation, improving the quality of service delivery, internationalizing businesses, making positive contributions to job creation, and combating the pandemic of HIV/AIDS.
- Understand the issues facing business within the geographic region. The course will explore different business sectors such as professional services, financial services, international business, manufacturing and support services. You will also be able to develop knowledge of the socio-economic issues facing businesses within the geographical region.
- Understand the underlying reasons for success and failure of companies within the region
- Understand the socio-economic issues facing regional economies
- Investigate the importance of specific industries to the region and how they will perform in the future.
UAE: International Study Tour
The International Symposium enables you to learn about the management, finance and cultural issues facing businesses within the Gulf Region, and Dubai in particular.
This elective pulls together the theoretical learning of the core and elective courses into the business environment, providing examples of how business operates within different cultures, the regulations and issues facing start-ups as well as the broader socio-economic issues. The module will explore different business sectors such as professional services, finance, manufacturing and property.
- Use the knowledge gained to influence your own organisations in decisions regarding the region
- Understand the issues facing business within the Gulf region
- Understand the underlying reasons for success and failure of company's within the region
- Understand the socio-economic issues facing regional economies
- Be able to investigate the importance of specific industries to the region and how they will perform in the future
- Understand the importance of the region to the economic wellbeing of the broader world economy
- Realise the extent and limitations of business potential within the region
- Understand the issues facing businesses setting up and operating within the region
- Contribute to your own organisation in setting up and operating elements of their business within the region report.
You must attend each session in order to pass this elective.
UK: London Symposium
The Cass MBA London Symposium looks at the economic drivers of the City as a commercial hub and its influence in international business.
The elective will use our unique location and network to create insights into how business is conducted and impacts the UK, European and the global economy.
The objectives of the module are to:
- learn about the financial, technological, socio-economic and cultural business environment of London
- gain insights into the operating strategies and processes of a variety of sectors and organisations
- apply MBA learning and skills in a reflective context to real business challenges.
The module will mix Faculty, senior industry executives and commentators with small group site visits arranged through Cass unique network of contacts with companies and organisations.
You will benefit from interacting with MBA students from other Global Business Schools who have been invited to join the event.
- have an understanding of the drivers of the London economy and its significance within international business context
- know how businesses succeed within London within a variety of sectors and use this knowledge to inform decision-making within the students own organisations
- Reflect upon the economic environment that supports business success.
USA, Las Vegas: Strategic Marketing in Action, Exploring Location Brands
This elective will allow you to apply your knowledge in several of the core MBA subjects to a number of strategic, financial, operational and marketing challenges. You will be able to study and investigate the various operating models of many different kinds of organisations in entertainment sector including global resorts, and entrepreneurs with a variety or corporate structures and financial backing. You will be able to study the location’s marketing and branding and the ways in which competitors seek to differentiate through value, service and operating propositions, strategies and segments. You will undertake the evaluation of brand identity, brand experience and brand equity in their assessment of strategic marketing effectiveness as different strategic, operational and marketing choices made by resort operators to deliver customer value and organisational performance.
Resorts or locations which allow at least 3 businesses to be actively compared may be considered as a suitable location for the Strategic Marketing elective. One sample location might be Las Vegas where several resort operators are offering strongly differentiated products under the location brand to a market of more than 40m visitors per annum.
The aims of the elective are to:
- Boost your strategic thinking about role of brands in a competitive landscape
- Gain insights into drivers of customer value, behaviour and choice, and how alignment of different stakeholders, such as employees and partners is necessary to deliver differentiated value propositions in branded customer experiences
- Become familiar with the application of world class marketing metrics in customer experience management and organisational performance
- Understand the financial drivers and challenges in the hospitality industry
- Reflect on the issues of CSR and sustainability.
- Witness the application of the principles of strategic marketing to business practice
- Understand and make use of relevant marketing metrics
- Reflect upon the role of technology in service management.
USA, Silicon Valley: At the Core of Entrepreneurship
This 5-day immersive tour aims to expose students to the most famous entrepreneurship and innovation ecosystem in the world – Silicon Valley. This is where the “innovation – venture capital – startup” engine that created powerhouses like Apple, Cisco, Facebook, Google, and Intel began. Every day, groundbreaking companies such as PayPal, Netflix, Uber, Tesla, and Airbnb are challenging the status quo, transforming age-old industries, and changing our lives in profound ways.
You will observe first hand the Silicon Valley high tech industry and learn how entrepreneurs generate new ideas, assemble teams, start their ventures, raise funding, and scale up. Through a combination of company visits, hands-on workshops, lectures by faculty, founders, investors and business leaders, and field research, you will acquire a deep and critical understanding of the opportunities and challenges that an entrepreneurial and innovation ecosystem offers to established companies as well as startups.
The pre requisite to this module is successful completion of the 10 credit modules ‘New Venture Creation’ MBM542 or ‘Innovation and Entrepreneurship’ MBM019.
- Understand the links between strategy, organisation, capabilities and context
- Critically evaluate strengths and weaknesses of traditional strategy and entrepreneurship tools
- Critically evaluate strengths and weaknesses of the locations of start-ups.
USA, Silicon Valley: Digital Innovation in Action
This elective will allow you to sharpen your knowledge at the intersection of strategy, digital technology, innovation, entrepreneurship and policy
The elective will take place in Silicon Valley, the alma mater of digital ventures, a hot bed for innovation and the most influential place for entrepreneurship in the world. Silicon Valley is one of the engines of growth for the US economy, building revolutionary platforms for interconnected communities, instantly accessible knowledge and frictionless commerce.
The aims of the elective are to:
1. boost students understanding of the latest trends in digital strategy, digital business models, digital innovation, digital entrepreneurship
2. gain insights into the role of venture capital, business angels and other funding options to boost entrepreneurial growth
3. understand the role of policies and of the business ecosystem in fostering innovation and entrepreurship
4. get exposure to (best) practices in innovation and innovation management
- Have a deep knowledge of the mechanisms at the intersection of digital strategy, digital business models, digital innovation, digital entrepreneurship and the wider business ecosystem
- Know how businesses succeed within Silicon Valley within a variety of sectors and use this knowledge to inform decision-making within the students own organisations
- Reflect upon the economic environment that supports business success