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Tailor your learning experience with a choice of electives from our vibrant cross-programme, cross-subject portfolio.

 

Electives enable you to focus on a specific area of interest, or customise your degree towards a particular career objective. Our electives are offered across multiple subject areas - including classes such as Elements of Machine Learning for Business, New Technology Ventures, Managing a Digital Organisation and Fin Tech and World Economy: Problems and Prospects - our state-of-the-art portfolio showcases our faulty insight and research expertise.

 

Electives also allow you to study alongside students from our MBA, MiF, MiM, MFA and leadership programmes, expanding your network and gaining exposure to highly experienced professionals with years of business insight.

 

Listed here are a brief sample of the electives that will be on offer.

  • Advanced Modelling for Business Applications

    Faculty: Nicos Savva

    Improve your ability to build, apply and evaluate decision models, tailoring your analysis to the available time and resources. Gain an encyclopaedic range of modelling applications and generate insights in a wide range of realistic solutions. Gain the ability to recognise the key problems in a situation and carry out a cogent analysis, the skill to develop a structure for problem analysis and the mental flexibility to present your analysis and insights in a convincing, non-technical way.

  • Innovating Business Model, Produces and Services

    Faculty: Kamalini Ramdas

     

    Identify and develop new business models, products and services, in a multi-tiered innovation tournament context with this fast-paced, hands-on, experiential and interdisciplinary class.

     

    Learn and deploy the key principles of structured innovation in any organisation, small or large, generating potential leads for both entrepreneurial ventures and corporate innovation.

     

    Rather than being confined to start-ups, R&D labs or product development divisions, business model innovation can be used by managers in any business function to create radical business opportunities.

     

    The business, product and service concepts developed in this class can be pursued further in other entrepreneurship electives.

  • Project Management

    Faculty: Bert De Reyck

     

    Learn frameworks, methods, techniques and tools for coping with the three principal dimensions of successful project management: time, cost and quality.

     

    Gain hands-on experience with state-of-the-art software tools for project management, including time planning, resource allocation, and risk analysis, teamed with a strong emphasis on organisational and strategic issues.

     

    Projects are the wave of the future in global business, and project-based organisations are increasing in areas such as consulting, information technology, product development, advertising, education, healthcare, infrastructure and engineering.

  • Supply Chain Management

    Faculty: Jérémie Gallien

     

    Understand how to develop and manage efficient and effective global supply chains. In today’s globally competitive environment, it is no longer companies but supply chains that compete with each other.

     

    Leading companies such as Wal-Mart, Procter & Gamble, Dell, Amazon, Zara, GSK, IKEA, Deutsche Post/DHL, as well as highly profitable niche players, use supply chain management in their quest for global market leadership.

     

    Supply chain management is a cross-functional, cross-company initiative whether working in finance, accounting, marketing, sales or operations. Introduce and familiarise yourself with the concepts and skills necessary for supply chain management as a consultant, analyst or manager.

  • Achieving Strategic Agility

    Faculty: Julian Birkinshaw

     

    Learn how to craft strategy when the future is uncertain, fast-changing and unknowable to meet the need for strategic agility to adapt quickly in the face of ever changing market conditions.

    Discover how to structure companies to be more agile and engage and motivate employees across an organisation to help identify and act on opportunities.

  • Financing the Entrepreneurial Business

    Faculty: Antony Ross, Martyn Williams, Keith Wiley and Ben Hallen

     

    Explore the issues and practices of financing entrepreneurial businesses, including start-ups, emerging growth companies, management buy-outs and buy-ins.

     

    The course covers raising finance, pricing and structuring financings, and exiting from the points of view of the entrepreneur and the investor.

     

    This elective is perfect if you want to start, buy or run your own businesses, work in the venture capital industry, provide financial or consulting services to entrepreneurial companies or learn about personal investing in privately-held companies.

  • Mergers, Acquisitions and Alliances

    Faculty: Marcus Alexander, Dovey Lavie and Alex Knaster

     

    Analyse the strengths and weaknesses of mergers, acquisitions and alliances as strategic vehicles. Conduct a deep analysis of how firms can best manage these processes as part of a larger strategic agenda.
    Globalisation, deregulation, and technological progress have increased the rate of change and competitive intensity. Many firms now need to rely on mergers, acquisitions or alliances to be successful.

     

    This course draws upon leading practice and the most recent research to analyse MAAs along a series of important dimensions related to this interplay.

  • New Venture Development

    Faculty: Rupert Merson

    Get an overview of the process and challenges associated with starting an entirely new business, the skills required to prepare a persuasive business plan, approach prospective investors and launch your venture.

    Gain a clear understanding of how to assess an entrepreneurial opportunity, the resources needed to start a new business and the costs and challenges involved.

    Give an entrepreneurial bias to your career using this course as a springboard.

    A number of graduates who have taken the New Venture Development course and gone on to set up their own business or pursued careers in venture capital.

  • Strategic Innovation

    Faculty: Costas Markides

    Develop an understanding of how a company can discover a new business model and how it can successfully migrate from its current position to the new.

    Explore why established companies find it so difficult to innovate strategically and what they can do to improve the odds of success.

    Gain an understanding of the circumstances where it makes sense for established companies to strategically innovate.

  • Managing a Digital Organisation

    Faculty: Julian Birkinshaw and Farhan Lalji

     

    The top seven companies by market capitalisation in the world and the vast majority of unlisted ‘unicorn’ companies (i.e. those valued at over $1 billion) are players in the digital economy: they sell primarily digital products (or hardware for accessing digital products), they operate with platform-based business models that give them increasing returns to scale, they have few tangible assets and they employ relatively small numbers of people.

     

    The purpose of this course is to help students understand the differences between industrial and digital organisations, and to provide them with frameworks and practical advice for how to manage and work in digital organisations. The course will provide students with an understanding of how digital products are built, deployed, marketed, sold and scaled - this understanding will be valuable for working in digital organisations or taking digital skills to traditional industrial organisations.

  • Fin Tech

    Financial Technology (FinTech) encompasses innovative technology-driven transformation of old business models in the financial services sector. Such innovation can disrupt well established industry structures, facilitate strategic disintermediation, revolutionize how firms create and deliver products and services, provide new gateways for entrepreneurship, seed opportunities for inclusive growth (especially at the bottom of the wealth pyramid). It can also create significant privacy, regulatory and law-enforcement challenges.

     

    The course will focus on how Financial Technology is breaking the financial services value chain through more efficient provisioning of Payments, Deposits and Lending, Capital Raising, Wealth Management, Insurance and Market Data Analytics. Time permitting, it will discuss the effect of smart wearables, digital identity and other new technologies on business models and explore the impact of Big Data and Artificial Intelligence on traditional ways of businesses and governance.

  • Fixed Income Securities

    The objective of this course is to undertake a rigorous study of fixed income securities. The course is quantitatively oriented and requires some background in calculus and statistics.

    A wide variety of fixed income securities will be discussed. The course will begin with pure discount, default-free, government bonds. As the semester progresses, we will analyse coupon bonds, callable bonds, putable bonds, and floating rate notes.

     

    We will also talk about some closely related financial instruments. These include forwards and futures on fixed income securities, bond options, options on bond futures, caps, floors, collars, swaps, swaptions and interest-rate exotics. Valuation of fixed income securities as well as interest risk management requires a deep understanding of these important financial claims.

     

    In addition to analysing specific types of fixed income securities, we will study some tools that are useful in bond portfolio management. These include construction of discount functions (or yield curves), horizon analysis, immunization and duration/convexity matching for hedging, and models for pricing a variety of fixed income securities.

     

    While the perspective of this course is from the viewpoint of a bond investor, a person in corporate finance needs to understand similar material. Evaluating an investment in a fixed income security is the mirror image of the problem faced by a corporation in deciding whether or not to issue a bond.

  • Financial Engineering and Risk Management

    Lecturer: Suleyman Basak

    Gain the necessary skills to value and hedge a wide variety of derivative contracts. Take a systematic, unified approach to the pricing of derivatives and adopt cutting-edge methods throughout. Continuous-time mathematics is used as the main tool of analysis. The course is necessarily quantitative and symbolically oriented, although practical applications are emphasised.

  • World Economy: Problems and Prospects

    Faculty: Lucrezia Reichlin, Elias Papioannou, Paolo Surico, Andrew Scott and Vania Stavrakeva

    Deepen your understanding of the way the global economy is evolving by considering current topical issues.

     

    Gain further experience in economic analysis and develop knowledge of the global economic.

     

    Understand the likely behaviour of financial markets and the general business background as well as the issues facing governments in their policy choices.

     

Contact us

Email: mam@london.edu
Tel: +44 (0)20 7000 7378


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