MSc Accounting and Financial Management
Lancaster University, located in the UK, offers an esteemed MSc Accounting and Financia...
MSc Strategy
Lancaster
INTAKE: October
Program Overview
The MSc Strategy program at Lancaster University aims to develop strategic thinking and analytical skills in students, preparing them for leadership roles in various organizations. The program combines rigorous academic study with practical applications, allowing students to gain a comprehensive understanding of strategic management concepts and their real-world implications.
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Core Strategy Knowledge: The program provides a solid foundation in strategic management theories, frameworks, and concepts. Students study topics such as competitive advantage, corporate strategy, strategic innovation, and strategic decision-making. They gain a deep understanding of how organizations formulate and implement strategies to achieve their objectives.
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Analytical Tools and Techniques: The program equips students with analytical tools and techniques used in strategic analysis and decision-making. Students learn how to conduct industry analysis, assess competitive dynamics, analyze market trends, and evaluate strategic options. They develop the ability to critically analyze complex business problems and develop data-driven strategies.
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Business Simulation and Case Studies: The program incorporates business simulations and case studies to provide students with practical exposure to strategic management challenges. Through these exercises, students apply their theoretical knowledge to real-world scenarios, develop problem-solving skills, and enhance their ability to make strategic decisions in dynamic business environments.
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Industry Engagement and Guest Lectures: Lancaster University maintains strong connections with industry leaders, allowing students to engage with professionals through guest lectures, industry workshops, and networking events. These interactions provide students with insights into real-world strategic issues, industry trends, and best practices, enhancing their understanding of the strategic management landscape.
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Research-led Teaching: The program benefits from the expertise of faculty members who are actively engaged in research and consultancy projects in the field of strategy. This research-led teaching approach ensures that students receive the latest insights and developments in strategic management, enabling them to apply cutting-edge knowledge and contribute to strategic advancements.
Location
Lancaster
Score
IELTS 6.5
Tuition Fee
£ 26500
Postgraduate Entry Requirements:
Academic Qualifications: Applicants are typically required to have achieved a minimum undergraduate degree with a percentage of 60 or above. The specific percentage requirements may vary depending on the program and the applicant's field of study.
English Language Proficiency:
- IELTS: The minimum IELTS score required is 7 or higher, with no individual component score below 6.5.
- TOEFL: The minimum TOEFL score is typically 94 or higher, with minimum 19 in each individual section.
- PTE: The minimum PTE score required is usually around 65 or higher, with no component score below 50.
Students must provide:
- academic marksheets & transcripts
- letters of recommendation
- a personal statement - SOP
- passport
- other supporting documents as required by the university.
It is important to note that meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.
Lancaster University, located in the United Kingdom, recognizes the importance of providing financial assistance to international students. The university offers a range of scholarships and funding opportunities to support talented and deserving international students.
- Global Scholarships: Lancaster University offers a generous Global Scholarship program specifically for international students. These scholarships are awarded based on academic merit and can significantly contribute towards tuition fees. The Global Scholarships are available for both undergraduate and postgraduate students.
- Regional Scholarships: Lancaster University also offers scholarships targeted at specific regions around the world. These scholarships aim to attract and support high-achieving students from specific countries or regions. The eligibility criteria and application process may vary for each regional scholarship.
- Subject-specific Scholarships: In addition to general scholarships, Lancaster University provides subject-specific scholarships for international students. These scholarships are awarded to students who demonstrate exceptional academic performance and have a strong interest in a particular field of study.
- Research Scholarships: For international students interested in pursuing research degrees, Lancaster University offers research scholarships. These scholarships provide financial support for students undertaking research projects or doctoral studies.
- External Scholarships: Lancaster University encourages international students to explore external scholarship opportunities as well. The university provides guidance and support in identifying and applying for external scholarships offered by government bodies, organizations, and funding agencies.
Graduates of the MSc Strategy program have excellent career prospects in a wide range of industries and sectors.
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Strategy Consultant: Graduates can work as strategy consultants for management consulting firms, advising organizations on strategic issues, conducting market research, and developing strategic plans. They assist companies in achieving sustainable competitive advantage and enhancing organizational performance.
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Strategic Analyst: Graduates can pursue careers as strategic analysts, working within organizations to analyze market trends, assess competitive landscapes, and identify growth opportunities. They provide insights and recommendations to senior management for developing and implementing effective strategies.
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Business Development Manager: Graduates can work as business development managers, responsible for identifying and evaluating new business opportunities, conducting market entry strategies, and driving growth initiatives. They play a key role in expanding the organization's market presence and enhancing its competitive position.
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Strategic Planner: Graduates can pursue careers as strategic planners, working within organizations to develop and implement strategic plans, set performance objectives, and monitor progress. They ensure alignment between the organization's strategic goals and its operational activities, contributing to long-term success.
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Entrepreneur: Graduates with an entrepreneurial mindset can start their own businesses, applying their strategic management knowledge to identify market gaps, develop innovative business models, and create value in competitive markets.
