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Kick-start your business career on our popular Masters in Management. Designed for graduates of all backgrounds, you will develop key management techniques to prepare you for a wide range of management careers.
This course presents a variety of perspectives of business and management and provides an ambitious path to becoming a successful and authentic global manager. Immerse yourself in our collaborative learning experience, and interact with a diverse group of participants from across the world to gain the cross-cultural skills, critical thinking and initiative to launch a successful management career.
You will apply your knowledge to real company projects, developing your skills and delivering immediate impact within your chosen organisations. Introduce a global dimension to your CV through our opportunities for international experience providing you with the relevant skills that employers demand. Throughout the programme, you will benefit from our comprehensive careers development programme, customised employer events and a dedicated careers advisor to help you achieve your career ambitions.
For a list of modules you will study, please take a look at our course content section.
The MSc Management is ranked 11th in the UK according to the Financial Times in their list of top Masters in Management programmes 2017. Visit our subject rankings below for our latest rankings information. The course is also accredited by the Chartered Management Institute (CMI) and the Association of MBAs (AMBA).
12-month course, starts in September to accelerate your career development.
Designed for recent graduates of any degree discipline.
Integrated careers support and international experience.
The MSc Management introduces you to the full range of management and business disciplines. In addition to your Masters degree, you will also benefit from the opportunity to graduate with an additional qualification from the Chartered Management Institute (CMI) and a host of other benefits to enhance your studies.
The programme begins with an induction week during which you learn more about the various elements of the programme and the facilities available within the School and University. You also take part in teamwork exercises and other academic and social activities, designed to help you get to know one another before the formal part of the programme.
In the first term, from October to December, you will take the following introductory modules.
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:
This module explores the main debates in the flield of Human Resource Management and the HR profession. This includes:
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:
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 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 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.
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 is designed to support your core study of the management discipline. It will assist in building advanced study skills and enhancing your professional development, equipping you with information that will help you make the most of your time on the MSc Management.
During your second term, which runs from January to March, you will take further core modules.
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.
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.
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 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.
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 main objective of the module is to understand how to apply and leverage information systems in the way we work. Topics 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.
During this part of the programme, you complete the Research Methods module and a Research Project – either library-based or company-based. You will also choose two optional modules from those listed on the next tab.
The Company Project is a key part of your studies, where you will help an organisation address a genuine problem or challenge they are facing. Through regular company visits, you will gain first-hand experience of various business functions, roles and operations and the opportunity to make a real difference. With the support of your academic supervisor, you will put theoretical knowledge into practice, develop your skills and connections, and enhance your employability.
Designed as a bridge between the more formal taught parts of the programme, this module will provide you with insights into the philosophical and practical issues involved in conducting research.
The initial lectures and seminars introduce you to the role of philosophy in the design of any research project. The remainder of the first half of the module is then concerned with the wide variety of qualitative methods that are available to those involved in social science research. Finally, through a series of lectures and hands-on tutorials, you are shown the basics of conducting a quantitative study which includes the use of an appropriate software package.
The last module of your degree, the Research Project, is the biggest and most intensive piece of work you will undertake on the MSc, and accounts for 20% of the overall marks.
For this module you undertake independent research over a period of ten weeks, using and building on the knowledge gained from the previous modules. Through the project, you will also develop your organisational and analytical abilities. Supervision is provided by academic members of staff from the various Management School departments.
There are various project options available to students:
You will choose two optional modules from those below, to tailor your studies to your interests.
Project management is a specific management approach that deals with unique pieces of work that are often based upon conflicting objectives. This module investigates the nature of such activities and introduces methods to deliver successful projects.
During this module you will develop an appreciation of a range of tools and techniques that can be deployed within a business project. You will be encouraged to develop a sophisticated array of tools and to develop judgement in the selection of appropriate tools for the various projects stages. The pragmatic development of your skillset will be supported by case studies and leading academic papers as well as short experiential exercises.
The main objectives are:
Organisational change is widely accepted as a defining feature of contemporary life. Most of the topics covered in management courses assume the need for changes of one kind or another. To respond to the hypercompetitive business environment, managers have been told to change their organisational structures. To enhance organizational performance, managers have been told to change organisational cultures. This emphasis on change has led some commentators to suggest that organisations today are immersed in a virtual cyclone of change. In fact one US study claimed that 84 per cent of US firms were conducting a major change programme.
This module introduces contributions from the social sciences to the field, introduces you to ongoing issues and dilemmas, and encourages you to develop a mature and informed appreciation of issues that you will undoubtedly encounter throughout your managerial career. This is whether you become some kind of line manager, technical specialist (broadly defined, to include, for example finance or HRM), or even some kind of consultant. We will also introduce you to some contemporary examples of change management through initiatives such as business process reengineering, enterprise wide systems, global software outsourcing, collaborative work and learning.
The objective of this course is to attempt to develop moral sensibility and practical reasoning in the context of managerial everyday action in organisations.The course will be concerned with morality in action, as it happens, rather than a removed reflection on codes and principles of ethics.The course will aim to show that ethics in action is diffused and difficult.Nevertheless, managers and employees have a responsibility to `work it out' for themselves.It is this `how to work it out' that the course will keep as its focus.The course will use a number of case studies as a basis to develop this moral sensibility so that managers will be able to act in a morally appropriate manner as part of their ongoing organisational action.
In today’s fast-moving and turbulent business environment, organisations need to be nimble whilst at the same time, true to their core values. To do so requires their people to face up to issues and problems of some complexity.
There is no magic solution to any complex problem, but there are approaches that have been found useful in many different circumstances. This course introduces you to some tried and tested methods for understanding, analysing and improving complex systems within organisations. The latter part of the course highlights how the modelling language of one of these methods, Soft Systems Methodology (SSM), can link to the design of information systems.
By the end of this module you will have:
The MSc Management is accredited by the Chartered Management Institute (CMI), enabling you to graduate with two qualifications; The MSc Management degree and the CMI Level 7 Certificate in Strategic Management and Leadership
During your studies at LUMS, you will also receive a number of additional benefits from CMI including those below.
To discover more about our MSc Management programme, and how it could transform your career, please complete your details below.
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Female students in our 2017/18 class
Different academic backgrounds represented in our 2017/18 class
Of our 2016 graduates were employed within 3 months
The world of business is becoming more global, so international experience is increasingly important for managers. Our study abroad schemes provide a valuable opportunity to develop cultural awareness and broaden your skills. We have established partnerships with a number of world-class institutions, with a range of summer schools and postgraduate study abroad opportunities after your studies. Find out more below.
For many students, the desire to boost their career prospects and move more quickly into senior roles is a key reason for acquiring a Masters degree. That's why we integrate careers support into our MSc programmes, and offer a range of facilities to help you in your career development and job search process.
Like all of the School’s Masters students, you will have access to guidance and support from the LUMS careers team. But to give you extra industry-specific job-hunting skills, we have a dedicated MSc Management Career Advancement and Internships Officer, Martine Dawber, who provides dedicated careers support to all students on our FT ranked programmes. This includes a comprehensive range of support, from workshops and employer presentations to CV advice, interview techniques, application support and help with job searches. Martine also tracks and support growth and development of our MSc Management graduates, building links with employers to ensure past graduate successes continue to inspire future students.
You will also be able to take part in the many workshops and other employer events provided throughout the year by the careers team at LUMS. Many of the workshops are run by major companies, allowing you to find out what companies look for when recruiting at this level, and to improve skills which employers regard as essential in good candidates.
Each year the mix of final destinations will vary, reflecting the different interests and aspirations of the students within the class. Companies who recruited our graduates recently include Dow Chemicals, Ernst & Young, Deloitte, KPMG, BAE Systems, Marks and Spencer, Nissan, Philips, Nielsen and Bank of China. A small number of students go on to further study, some taking up the opportunities offered within our study abroad programme, and others choose to set up their own business, based on ideas developed during their studies.
Our programme-specific scholarships for 2018 are aimed at high achieving applicants from across the world, and all the details can be found below. In addition to those below, we also offer a range of LUMS scholarships to help you with the cost of your studies. Visit Apply For Masters for more information.
Up to £5,000
Minimum 15 awards available
All applications are automatically considered before receiving the offer of a place.
Awards are made throughout the year until all funds are allocated.
Up to £9,000
Minimum 10 awards available
Applicants will be invited to a video interview assessed by the Programme Director and Career Advancement & Internship Officer.
Up to £4,000
Minimum of 5 awards available
All applications are automatically considered before receiving the offer of a place on the programme. IELTS certificate submission is essential at the early stage of application.
Total scholarships and discounts awarded will be capped at the full tuition fee, and no part of this award is redeemable for cash or other services at Lancaster University.
MSc Management, 2016
MSc Management (with Project Management), 2015
MSc Management, 2015