MBA for the 21st Century

Associate Dean Richard Hall (left) and Director of the MBA program Nick Wailes

Associate Dean Richard Hall (left) and Director of the MBA program Nick Wailes

The University of Sydney Business School will offer a new Master of Business Administration (MBA) next year as part of its drive to enter the upper ranks of global business education. The industry-oriented MBA program will begin in February 2013, in partnership with the international executive recruitment and talent management firm Korn/Ferry International.

“Launching our world class MBA is a core element of our strategy for becoming a global top 50 business school within five years,” said Professor Geoffrey Garrett, Dean of the Business School.

“The program is probably best described as the ‘MBA Re-imagined’, he said. “It reflects a new approach to leadership. Instead of focussing on examples of heroic, flamboyant and charismatic leaders, our MBA will give graduates the critical thinking, collaboration and communication skills needed to turn each of them into leaders.”

The MBA will consist of 12 subjects, including staples such as strategy, accounting and finance, data analytics, marketing, HR and organisational behaviour, as well as core classes in leadership development and practice, critical analysis and thought leadership.

Up to nine elective units will be available, some delivered in association with other faculties. “A key elective unit will be an intensive two-week module giving students hands-on experience studying and working in an emerging economy in the region,” said the MBA Director, Associate Professor Nick Wailes.

Initially, the MBA will be offered locally on a part-time basis to 50 students with at least three years of experience in the business world. But from 2015 it will be offered internationally.