In particular, the students will become familiar with the concepts of strategic marketing management and key account planning as a specialist form of client-focused strategic marketing planning and to the specialist nature of marketing communications in the defence sector (including how to maximise trade fair sales and lobbying activities). Creating customer-focused ideas: understanding customers’ hidden needs through enhanced methods for market research. We want to know how ambitious you are, how determined you are, your potential to develop and make a difference. This waiver is granted at the discretion of the Executive MBA Director. Some Cranfield University courses are delivered at the UK Defence Academy in Shrivenham, which is a Ministry of Defence (MoD) site. Identify key issues in the management of change in operations through understanding the critical transitions of both processes and people. The fundamental accounting documents: income statement, statement of financial position and cash flow statement. The two main challenges the module will examine are managing people and managing change. Apply knowledge of important individual differences to interpersonal interactions. They don’t charge an application fee. This course will build on your confidence in undertaking these activities, so that as leaders you can form and communicate a credible and believable view of their organisation’s future direction and scope. Within this module, a critical awareness of the regulatory regimes affecting defence exports will be covered, as well as the political pressures, which underpin them. The innovation pentathlon as a framework for innovation management. The module aims to provide the students with a detailed understanding of the venture capital funding process. Therefore, you will be required to either start your own business or contribute to the development of another venture while on the course. The module also seeks to provide participants with a critical understanding of organisational buying behaviour in defence and security markets and of how new product development projects are undertaken given the increasingly co-operative focus of supply chain relationships in the defence sector. As a result, they may change or be withdrawn due to research developments, legislation changes or for a variety of other reasons. Where we are satisfied that your career progress demonstrates the kind of skills and competencies assessed by GMAT, we may offer exemption from these tests. Demonstrate practical skills in using economic models to measure and analyse the economic performance of organisations and individuals; People and organisation: building a culture of innovation. To give you a taster, we have listed above the compulsory and elective (where applicable) modules which are currently affiliated with this course. Running concurrently with the classroom learning, various projects and program-wide competitions, such as the Venture Capital Investment Competition and the International Business Assignment, assure that students have practical experience in applying the concepts and theories that their coursework has taught them. Further to this, you will look at and understand the key issues in management accounting from the point of view of business leaders needing to make practical decisions in their organisation. Identify and appraise the key challenges presented by an organisation’s internal and external environments and assess potential strategies to respond to them. Eligibility for an Academic Test (GMAT/GRE) Waiver. • Corporate finance, including the cost of capital, sources of finance, capital structure and dividend policy Cranfield also provides loans to MBA students through the Prodigy Finance Loan Program. It is an opportunity specially curate for women who are capable of contributing a lot to the business world and increase their participation in the MBA program at Cranfield. Our new Modular programme (24 months) ordinarily entails attendance at lectures on campus just 2 days a month. Methods for assessing the technical, market and financial risks of innovation projects. Calculate the importance and cost of concessions for each party. - GMAT school code: 44x-J5-96 All rights reserved. Cost/volume/profit analysis and breakeven. - Case-Study: Harley-Davidson Motorcycles, 3. 1. Scholarships are available in several different categories, including those for women, farmers, New Zealand alumni, and those from countries represented in the Santander Universities network. Organisational behaviour, personal development and strategy are backbone subjects of a good MBA programme but these three subjects, indeed practically all subjects you will study on the programme, draw to a greater or lesser extent on microeconomic theories in order to gain insights into how people are motivated and markets work. Analyse and synthesise relevant concepts and methods learned on the MBA and apply these to a particular problem. Where we are satisfied that your career progress demonstrates the kind of skills and competencies assessed by GMAT, we may offer exemption from these tests. The Cranfield School of Management is located in Cranfield, around 60 kms from London. Conduct due diligence on early stage ventures. Examine key concepts in finance including the time value of money, risk and return and the opportunity cost of capital. Subject to eligibility, your organisation may be able to use their apprenticeship levy to cover the costs of you attending this course. Make independent analyses and judgments of complex situations in a business context. Cranfield’s career development team provides support for students to find lifelong careers, and 92 percent of Cranfield MBA students report being employed six months after graduation. Eligible organisations can use £18,000 of their Apprenticeship Levy to cover the course tuition fees. Marketing from a value-driven perspective, considering how the assets of the organisation can be used to create and deliver value to customers and shareholders. GRE test takers: Have your scores sent to Indiana University, Bloomington (code 1324). • Company Valuation. Evaluate the definition of controls, the various activities and functions involved and how strategic trade controls and compliance and can benefit industry and government policy. Be aware of the various sources of funding for early stage businesses such as business angels, crowdfunding, government courses, debt and customer finance. Semi-structured interviews and focus groups. Understand how states of mind such as level of self-confidence, focus and motivation affect the negotiation process. How innovation can be managed - models of innovation and innovation management. Scope the project by creating a Work Breakdown Structure (WBS). 3. Throughout, the emphasis is on the “real world.” Theory is included only as an aid to developing a deeper understanding of the practical problems and policy challenges in the context of strategy formulation and analysis of the forces driving change in the external business and economic environment. After arriving in September, students begin with a week of orientation that offers many social and professional activities that enhance the students’ experience from their first days at Cranfield. This is a test of your ability to solve a variety of verbal, numerical and spatial problems. We welcome candidates with Graduate Management Admission Test (GMAT) scores over 600. Applicants who do not have a degree are welcome, provided they can demonstrate high levels of achievement, exceptional career progression or evidence of leadership potential. The average salary for students after completing the MBA is £63,929. Implementation and new product development: how to define and quickly implement concepts for new products, services and processes. The GMAT score is an essential component for the full-time Master’s programs in several universities. 4. The module is explicitly not atheoretical; it introduces various sound organizational and behavioural theories, models and empirical data going back many years, and currently being developed. Select and make use of appropriate quantitative and/or qualitative techniques for the analysis of business issues. The average score for our Full-time MBA students is currently 680. Official scores take approximately two weeks to be delivered. An event held in September will offer students the opportunity to learn more about existing clubs, recruit new members and even propose new clubs. Modular Executive MBA. This module is founded on well developed areas that link to the Leadership agenda including personality, learning, individual differences, diversity, motivation, decision making, power and influence, politics, intelligence, and interpersonal and group dynamics; since a leader, by definition, has to lead something or more often some people. We strongly advise that you bring a calculator for use during this test. The module will examine challenges presented by both factors in the external environment and internal management processes. NOTE: As a pilot initiative for the 2020-21 application cycle, qualified applicants to the full-time MBA program may be eligible to waive the GMAT/GRE requirement. Deadlines will be updated in the near future. 2. Classes will delivered at Cranfield, with some off-site learning in London. Please only indicate the regions you are interested in pursuing your graduate management education. Define different approaches to leadership in contemporary organisations through having engaged with the leadership literature and through having experienced different leadership approaches. Use frameworks and analytical tools to structure analysis and recommendations which are supported by data in a consultancy engagement. 5. As a registrant, you will also gain access to resources, advice and exclusive offers as you research and pursue your graduate business school options. Think strategically and confidently in making strategic decisions. The deadline for the January 2021 intake (self-funded students) has now closed. MBA students at Cranfield can take advantage of a variety of scholarship and loan opportunities. Analyse the key account planning process and apply best practice methods. Understand the key elements of the marketing mix and customer management. Our two-year part-time Executive MBA Defence Export programme is offered in a modular format. In the entire MBA application, in comparison to the other elements like the MBA essays, recommendations, interview preparation, candidates spend 75% of their effort and time to crack the GMAT and get a high score which would improve their chances of being accepted by the top business … Having spoken to alumni from various business schools, I found Cranfield to be the best option. Analyse the strategic marketing planning process to the defence and security sectors. It also requires you to immerse yourself in the real life experience of launching new ventures. The module will promote productive and self-sustaining entrepreneurship. How long you will study 2 Years. The International Business Assignment requires students to either attend lectures at partner institutions or carry out an individual project at local businesses. You can either work on a project individually, with a project partner or in small project team of no more than three people. Inventory management; lean and agile operations. Strategizing in contexts characterised by business model innovation. • Financial Times: 76 - Case-study: Cirque du Soleil. Evaluate the theory of how organisations behave when buying/procuring goods/services to real-life cases, Critique of conceptual understandings of marketing communications and new product development in defence settings, Evaluate and evaluate marketing communications, including lobbying, techniques in defence and security settings, Discover and develop your leadership and team-working style, Identify how to enhance your personal effectiveness, Work out where you want to go professionally, Learn the techniques of effective team leadership, Become more sensitive to situations, cultures and contexts. MBA topics can vary, but the grounding in practical, applicable business skills is the same with all top business schools. Evaluate the strategic and organisational challenges created by increasingly dynamic environments. 5. The electives, with course titles like “Leadership in Action” and “Entrepreneurial Finance,” are most often assessed by group and individual projects, often featuring written components. Cranfield University Executive MBA (Defence) Program Structure. - Lessons available from the business turnaround literature Develop leadership capabilities at multiple levels in organisations by drawing on practical experiences gained. 2. 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. If your GMAT score is a good 720, retaking a GMAT shouldn’t be on your to-do list. Creativity techniques to stimulate original approaches to solve the customer’s problems. You will need to contact GMAT directly to book an appointment to take the test. 4. You will work with accredited coaches, members of faculty and careers advisers to create and implement a personalised development plan. Cranfield's GMAT registration number is: Executive Part-time MBA - K2H-N3-41. The Graduate Management Admission Test (GMAT) measures key skill areas for MBA candidates through four distinct sections: Quantitative reasoning: a 62-minute adaptive exam made up of 31 questions on data sufficiency and problem solving; Verbal reasoning: a 65-minute adaptive exam made up of 36 questions on reading comprehension, critical reasoning and sentence correction You will study with a cohort of experienced professionals drawn from a range of industries and countries, building your network and giving you insights into best practice internationally. A stakeholder-centred model of organisational processes. - Building an innovative business model Apply financial management process in a project management context. It is divided into four terms of approximately 10 weeks each, and one week of orientation in late September. Use knowledge of resource availability to adjust schedules (resource levelling) and establish realistic milestones, lead times and deadlines. Year 1 comprises 14 core management modules. GMAT scores are one of the first factors that a business school considers while evaluating an applicant’s profile, along with the GPA. This module aims to provide students with an introduction to the challenges faced by leaders in developing and sustaining organisations. You will attain a qualification from a world-class institution and join an exclusive network of alumni in over 160 countries around the world. On successful completion of this module, you should be able to: The module equips you with the ability to critically examine existing literature that underpins the decision-making process and also provides the skills to collect, process, analyse and present relevant data that will support your decisions. - How should an organization defend their interests with public institutions and private interest groups, including governments, regulatory bodies, judiciary, trade unions and pressure groups? Businesses increasingly seek strategic thinkers with sound leadership capabilities, strong financial skills, an intrapreneurial mindset, global understanding and excellent people skills. GMAT scores and MBA admissions . • Cash flow forecasting and working capital management This is a test of your numerical ability. Video Essay (Required) The video essay provides an applicant the ability to demonstrate in their own words who they are and what they bring to the Broad MBA … The tuition of the Cranfield University One-Year MBA is £39,000. 4. Critically assess and comment coherently on economic explanations of the management of organisations and their competitive behaviour; The project will involve regular agreed meetings with the faculty member (supervisor) and partnering organisation if applicable. A professional level of English is also required, which can be proven with recent IELTS, TOEFL, CPE, CAE, or, PTE scores. The module orients itself around the development of the necessary capabilities for effective leadership with self-awareness highlighted as a critical initial prerequisite. If you asked for, and received a GMAT waiver the first time you took the GMAT, we can assume money is a little tight. Define the expected negotiation outcomes. Outline and evaluate key aspects of team membership which impact effective group working, including strengths and weaknesses. Part I: The Basics. Developing an innovation strategy: technology management and disruptive innovation. Thus, a higher GMAT score does positively affect your chances at admissions and related scholarships. The analysis of business processes in the context of: Consulting skills as pivotal in the success of a consulting project: Leadership is a central concept and practice in organisations. Cranfield's GMAT registration number is: Executive Part-time MBA - K2H-N3-41; Where we are satisfied that your career progress demonstrates the kind of skills and competencies assessed by GMAT, we may offer exemption from these tests. We welcome candidates with a minimum GRE score in the 80th percentile for both verbal and quantitative reasoning. GMAT. Full-time, one-year programme for professionals, with a focus on real-world learning and leadership development, List of National and International MBA recruitment events, Cranfield School of Management is one of the most recognised and respected universities in the UK, The Executive DBA is the highest-level business qualification that can be attained, enabling senior managers to conduct research on a part-time basis, A minimum of five years' post-qualification work experience, A good degree and/or professional qualification. An MBA is as much about personal growth as it is about professional development. Find MBA scholarships for Babson and other business schools around the world. Strategizing in a social networking context Prepare and evaluate terms sheets. Interpretation of accounts through ratio analysis. How will the Booth MBA help you achieve your immediate and long-term post-MBA career goals? Business planning techniques and their application in entrepreneurial ventures. 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