Full time 22 Month(s)
This unique two-year programme is run jointly by Lancaster University Management School (LUMS), emlyon business school and Ludwig Maximilian Universität, Munich (LMU). The programme content is designed and delivered collaboratively, providing a triple perspective on management. You have the opportunity to study in multiple locations and graduate with three degrees – one from each partner. International internships are also built into the programme, boosting your employability and preparing you for your future career.
This exciting, integrated approach to developing theory and practical knowledge equips you with the essential tools you will need to apply your knowledge to the real world of business and to adapt to the global challenges you will face in your future career.
Year 1 of this two-year course, which takes place at emlyon business school’s Lyon campus, focuses on the breadth of the management discipline, providing you with knowledge in all key areas of business and management, including marketing, strategy, accounting, finance, operations, human resources, technology, entrepreneurship and economics. All three partners are physically involved in delivering the course material in Lyon. The first year ends with a 21-week internship, which can be undertaken anywhere in the world.
Year 2 allows you to develop specialist knowledge in a chosen area, further supporting your career aspirations. Your choice of specialism determines where you will study: Corporate Development (LUMS), Corporate Finance (emlyon's Lyon or Shanghai campus), Marketing (LUMS and emlyon) or Organisational Change and Strategy (LMU Munich). Note that all courses are taught entirely in English. Year 2 concludes with the dissertation followed by a second internship or full time employment.
Please note that for the Management (2 Year) MSc course you need to apply to emlyon business school.
You will study a range of modules as part of your course, some examples of which are listed below.
Accounting & Reporting for Managers is designed as an introductory course to the areas of accounting andreporting. It has four main objectives:
The main objectives of the course are:
The module is designed to convey fundamental principles of economic valuation and to learn how these affectfinancial management decisions.
The course starts with some initial sessions on financial valuation, making students familiar with companystructures and basic information available through annual reports. Then, capital markets are introduced as thebenchmark for all valuation purposes, and as a useful tool to infer essential information needed for financial valuation and decision making.
Theoretical concepts like the net present value, decision making under uncertainty, portfolioselection and the capital asset pricing model are introduced. These concepts serve as prerequisites for discussing investment and financing decisions, which are exemplified by an analysis of firms' capital structure decisions and payout policy.
This module explores the main debates in the flield of Human Resource Management and the HR profession. This includes:
This module emphasizes the use of accounting information to facilitate effective management decisions. It isintended to enable you to develop a thorough understanding of the most important methods used in thepractice of Management Accounting.
The course comprises a wide variety of different instruments designed to get the suitable information for making proper management decisions.
The primary focus of this course is to prepare you to think and act as members of the middle and senior management team and to develop critical skills to make rational and sound business decisions.
The aim of this module is to introduce you to the discipline of Operations Management; to a range ofapproaches that can be used to plan, control and improve operations; and develop understanding of how Operations Management contributes to business competitiveness.
Material covered will include:
The module aims to enhance your understanding of realworld business practices by using economicreasoning. You will learn the definition of key concepts in modern microeconomictheory, how they interact in models and can be applied in practice, including for the analysis and design of firms’ strategies in various market structures.
The main objective of this module is to provide you with the opportunity to apply basic business strategy, marketing, finance and accounting concepts using a comprehensive business simulation game. The module utilises a business simulation where you will start up and run your own company during five simulated years by developing strategies in each of the functional areas of your business entity.
In completing this module you will gain awareness of the centrality of psychology, social psychology and organizational behavior in order to understanding effective (and ineffective) leadership in organizations. You will be able to understand human behavior in organizations via the disciplinary bases of psychology, sociology and anthropology in order to deepen the analysis of leadership processes and outcomes. You will also understand the core value of an understanding of psychological and social psychological principles of humanbehavior to a manager's ability and skills to achieve organizational goals via leading others. You will also develop cognitive, analytical and practical skills necessary to evaluate the strengths and weaknesses of theoretical, empirical, popular and experience based approaches to leadership.
The ultimate goal of the course is to develop your’ skills in analyzing strategic situations and formulatingstrategy. After the module you should be able to analyze the competitive situation facing a firm, identify potential sources of competitive advantage and disadvantage and gain an appreciation of international business environments. In these analyses, you will apply analytical techniques from strategy, finance, accounting, organizational theory, organizational behavior, marketing, economics and operations management.
You will be able to recognize the problems the organization faces and develop and evaluatealternative courses of action available to the firm to solve those problems. Further, you will be able topersuasively communicate your analytical conclusions, both verbally and in writing. You will develop the ability to view the corporation as a whole and to appreciate the responsibilities and margins of freedom of top executives.
The module aims to raise awareness of the centrality of organisational behaviour to the understanding of organisational functioning and effectiveness. It demonstrates the core value of an understanding of organisational behaviour to a manager's ability to achieve organisational goals and well being at work.
Concepts and theories to which the students are exposed during the module include:
The main objective of the module is to understand how to apply and leverage information systems in the way we work. Topics include:
The purpose of this module is to examine entrepreneurship in different economic and cultural contexts. The main questions are how does entrepreneurship develop in different economies and cultures and how can we understand this process.
Topics covered include:
This module examines corporate governance: its sources and development in history and in law, as well as its importance to the functioning of a modern economy. Presented in four parts, the module begins by first looking at the foundations of corporate governance: the capitalist system in which modern firms operate, and how ideas concerning property, ownership, and contracts have contributed to the evolution of corporate governance. The second part of the course deals with the main actors and structures of corporate governance. The third part of the course deals with the relationship between the modern corporation and society at large. The final part of the course looks at the objective and consequences of the contemporary corporate governance reform movement, and what these developments mean for the firm and its owners, and for society.
In this module, the practical applications of market research and the associated research methodologies underlying each application are emphasized. Special attention is given to developing an understanding of computer based tools in the market research process.
The module has two main objectives:
The aim of the internship is to put into practice what has been learnt during the core fundamentals of Year 1.Completing the internship itself should help students achieve the following aims:
Year 2 students on the MSc Management (2 Year) programme must complete an academic dissertation at one of the three partner institutions – Lancaster, EM Lyon or LMU Munich. This is supervised by an academic member of staff in the chosen institution.
The main objectives of the dissertation are to allow you to demonstrate that you:
Information contained on the website with respect to modules is correct at the time of publication, but changes may be necessary, for example as a result of student feedback, Professional Statutory and Regulatory Bodies' (PSRB) requirements, staff changes, and new research.
Designed for: Recent graduates of any degree discipline wanting to build a business career
Duration: 24 months, full-time
Entry requirements: A degree in any subject. Applicants should have at least a Bachelor’s degree, or equivalent, as well as a GMAT, GRE, TAGE, MAGE, or CAT score. You will also have to complete a video exercise
IELTS: 7.0 or equivalent (minimum element scores apply).
€40,000 fee for the whole programme.
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