January 2025

International Business Management MSc

Master's Degree, Postgraduate, January 2025

The MSc International Business Management programme delves into strategic management decision-making, emphasising the integrative nature of factors involved in developing well-rounded international business leaders. Skill development, both in management and personal capacities, is at the heart of our course design and educational approach, as students explore core concepts within a multicultural and global framework.  Sustainability, ethical and responsible business practices are interwoven throughout the course to instil in students a critical understanding of operating as ethical leaders in international business environments.

The MSc International Business Management programme has been designed to enhance academic knowledge and foster the career development of its graduates. It caters to individuals from all educational backgrounds who are interested in gaining a deeper understanding of international business leadership, aspire to start their own ventures, or seek to transition from specialised roles to.

**This course is subject to validation for September 2024**

The MSc International Business Management is a forward-thinking programme designed for early-career professionals aiming to excel in the global business arena. This programme equips you with the essential skills and knowledge to make an immediate impact and drive long-term success in dynamic and competitive markets. Focused on fostering leaders capable of managing cross-cultural teams and projects, it is particularly suited for those looking to thrive in international organisations.

Our curriculum is grounded in the principles of responsible management, echoing the values of PRME. It offers a blend of academic rigor and practical application, preparing students to face the challenges of international business with strategic decision-making skills and a commitment to ethical leadership. The programme emphasizes three core themes: responsible leadership, career enhancement, and sustainable international business development, ensuring a comprehensive understanding of managerial functions across cultures.

Through a mix of classroom learning, independent study, and projects, students will develop critical thinking, creativity, and the ability to navigate complex business environments. The course culminates in a research project, allowing for deeper exploration of sustainable and responsible business practices. The programme will support career advancement and prepare you to be a leader in shaping the future of global business.

 

Graduates of the MSc International Business Management programme will acquire insights into the global business environment and international business practices. They will develop an understanding of international trade, cross-cultural management, and global marketing strategies, enabling them to navigate and operate effectively in diverse international markets. Skills in market analysis, strategy development, and communication will be emphasised, preparing graduates to engage and collaborate with professionals from different cultural backgrounds and business contexts. The applied focus of the assessments will foster their ability to devise and implement international business strategies that are responsive to the global market dynamics and cultural nuances. The final research dissertation will equip graduates with the necessary research skills to investigate international business trends and issues critically and to contribute to the development of international business knowledge and practice. The global and practical perspective gained from the programme will position graduates to pursue advanced career opportunities in international business management.

A wide and innovative range of assessment methods will be used including both individual and group-based assessments allowing students to foster independent learning skills alongside team working, collaboration and leadership skills. Authentic assessments and applied projects are used throughout with a real-world focus. Students will be expected to deliver business reports, verbal presentations, case study analysis and engage in reflective practice. The MSc will include a research-based dissertation.

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Entry Requirements

  • Applicants will be expected to hold a qualification equivalent to a UK undergraduate degree at 2.2 (or above), along with IELTS 6.5.

 

Course Fees

Course fee for September 2024 – £8,900

Additional Costs

Birmingham Newman University Alumni receive a 10% discount on all Postgraduate programmes.

Postgraduate Loans

You can apply for a postgraduate loan when enrolling on a full masters’ degree (180 credits), to use as a contribution to the cost of studying and living expenses. For further information visit the postgraduate loans website.

Modules

Please be aware that, as with any course, there may be changes to the modules delivered, for information view our Changes to Programmes of Module Changes page.

Timetables: find out when information is available to students

  1. Discover the importance of responsible management by understanding the social, ethical, environmental, and economic impacts of business decisions. This module will guide you in becoming a responsible manager, driving sustainable development within organisations. You will delve into global social responsibility, shared organisational values, and their influence on business practices. Gain insights into stakeholder engagement, including investors, employees, customers, and communities, and learn how collaboration can enhance organisational performance. Key topics include ethical consumerism, the green economy, the circular economy, and workplace diversity and equality. Transform your approach to business with a focus on positive, sustainable impact.
  2. Prepare for a management role with extensive exposure to project management by exploring both the 'hard' technical skills and 'soft' interpersonal skills essential for successful project execution, including large-scale change initiatives. This module covers human and organisational factors impacting effective project management, including cross-border considerations. Learn to plan and manage projects from inception to completion, utilising current best practices and the latest research. Study various project management methodologies and professional standards, mastering time, cost, and quality management, team creation, risk management, and problem-solving. Understand how international and multicultural elements can affect project outcomes.
  3. This module prepares you for the complexities of managing across borders, focusing on strategies for successful competition in the global marketplace. Learn to evaluate strategic options and navigate challenges such as legal constraints, political risks, and financial implications when establishing international operations. Explore effective management in cross-cultural contexts, understanding how to motivate and lead teams across different geographies. Discover how to structure multinational organisations for efficiency and manage human resources globally. Develop the skills needed to cultivate managers capable of operating in diverse cultural environments, ensuring your organisation thrives internationally.
  4. Learn to create a market-focused organisation by understanding how international companies design and implement marketing strategies for customer value and competitive advantage. This module delves into the nature of markets and marketing in both customer and consumer contexts, with a focus on Strategic Marketing Planning. You'll explore Segmentation, Targeting, and Positioning to align operations and communications with the needs of target customer groups. Develop skills to build and manage marketing strategies, addressing challenges from sophisticated consumers, social trends, environmental sustainability, and emerging digital technologies. Real-world examples from diverse geographies and market sectors will enhance your learning experience.
  5. Explore how to optimise organisational performance through effective financial management, covering the sources, uses, and allocation of financial resources. This module focuses on using accounting, budgetary, and information systems for managerial planning, decision-making, and control. Learn to apply analytical tools like the balanced scorecard, key performance indicators, cost-volume-profit analysis, and budget variance analysis. Gain insights into performance management in international business settings, including financial reporting tools, cost allocation for sustainable decisions, budget setting techniques, and management issues. Understand the four dimensions of a Balanced Scorecard and their impact on business development. Additionally, learn about capital investment and risk assessment techniques for strategic investment decisions.
  6. Unlock the potential of an organisation's key resource—its people—through exceptional team leadership and people management. This module enhances your skills in team and talent management, covering essential HRM and HRD concepts like recruitment, selection, induction, management, development, motivation, and departure. Embrace diversity in all its forms, including age, sex, sexuality, background, and neuro-diversity, and learn how to leverage it for improved organisational performance. Master the art of creating, leading, and managing diverse teams, including remote teams with varied motivations and aspirations. Collaborate effectively with HR to support individuals and add value to the organisation. Explore change management models and develop the skills to be a credible champion of change, with a focus on diversity, equity, and inclusion throughout the module.
  7. Gain a deep understanding of Corporate Strategy and Strategic Management, with a focus on SMEs operating in fast-evolving international markets. This module explores various frameworks and factors that influence strategy development, applicable to both local and international contexts. Learn how creativity can enhance organisational performance. Develop the skills to navigate complex and dynamic business environments, informing strategic business development. Assess organisational resources, including financial assets, and identify unique capabilities that support a competitive position and sustainable advantage. Craft sustainable strategic business recommendations tailored to specific sectors, equipping your organisation for long-term success in a global market.
  8. The "Career and Future Focus" module is designed to enhance employability skills and prepare students for future career challenges by bridging the gap between academic learning and practical workplace requirements. Emphasising essential competencies needed in today's dynamic business environment, this module fosters critical thinking, problem-solving, effective communication, and leadership skills. Students begin with self-assessment exercises to identify strengths and areas for improvement, followed by workshops and seminars on current market trends and expectations. Key components include CV building, interview techniques, and networking strategies, providing practical tools for presenting to potential employers. Hands-on experience is gained through case studies and real-world projects. By the end of the module, students will have a clear understanding of their career aspirations, improved employability skills, and a robust professional development plan. Completing this course earns a Birmingham Newman University Certificate in Careers, a mandatory requirement for the degree award.
  9. Master the techniques needed for authoritative research in business and management, vital for making informed strategic decisions. This module guides you in producing either an academic dissertation or an applied consultancy project, both aimed at enhancing organisational performance. Explore various research approaches and methods, grounded in specific philosophical perspectives. Learn to set clear research objectives, ensuring your outputs are relevant, rigorous, and impactful. Develop skills in assessing business contexts, utilising relevant literature, and crafting a robust research proposal. Gain proficiency in data collection, analysis, and presentation for both quantitative and qualitative research. Ethical considerations in research are emphasised throughout the module.
  10. Apply your knowledge of business and management to an in-depth study of a specific issue that interests you. This module begins with a one-day intensive development programme, guiding you through the dissertation process and integrating insights from the Business Research & Analysis module. You'll also learn effective time management strategies. In consultation with your supervisor, you'll develop a research objective and project proposal tailored to your interests. Through intensive reading and individual research, you'll gain deep knowledge of your chosen issue. Enhance your postgraduate skills by planning, conducting research, and writing your dissertation, culminating in a comprehensive study that showcases your expertise.