Representing a joint programme delivered by The Institute for International Management and The School of Business and Economics, our MSc International Management master's programme offers a fascinating insight into global business perspectives.

Programme information

By undertaking this programme, you will gain an in depth understanding of the different national and cultural contexts in which firms operate, whilst developing and enhancing their analytical and research skills. Intellectual property is of vital importance to the creative entrepreneur, so this programme dedicates an entire module to this subject. The Institute is led by a team of highly-ranked scholars with commanding knowledge of a range of aspects of international management. The Institute is actively engaged in international research projects concerning the globalization of economic activity and the implications for patterns of work and governance. It aims to become the leading centre for research into a range of emerging market economies over the next few years.

Entry requirements

Minimum of a 2:2 (55% or above) or equivalent overseas qualification. 

Overseas qualification equivalencies

English Language requirements

All applicants for admission to Loughborough University must have a qualification in English Language before they can be admitted to any course or programme, whether their first language is English or not.

More on the Loughborough University website

Fees and funding

Tuition fees cover the cost of your teaching, assessment and operating University facilities such as the library, IT equipment and other support services. The tuition fees for 2019/20 entry are:

  • £14,100 (UK/EU)
  • £25,500 (International)

University fees and charges can be paid in advance and there are several methods of payment, including online payments and payment by instalment. Special arrangements are made for payments by part-time students.

 

View scholarships for 2019 entry

Programme aims

  • Gain a broad, analytical and integrative understanding of business and international management
  • Learn how to apply knowledge and understanding of business and management to complex issues in the field of international management, both systematically and creatively, to improve business and management practice
  • Develop the skills required for a valued career in a wide range of management situations, including those requiring cross-national competence and understanding
  • Learn the skills needed for advanced networking and successful team-work, in order to compete in a rapidly changing international business environment

Programme modules

This programme covers a wide range of topics; to give you a taster we have expanded on some of the modules affiliated with this programme, and the specific assessment methods associated with each module.

In semester one, full-time students will take three core modules and one module from the list of optional modules or the list of second subject modules. In semester two, full-time students will take three core modules and one module from the list of optional modules, before undertaking the dissertation module.

Core modules

International Business and Entrepreneurship in Developing Countries

This module will equip students with the necessary academic skills to understand the challenges firms face in different developing countries and assessing different ways in which firms can overcome these challenges.
 
By the end of this module, students will be able to critically use different concepts describing developing countries’ business environments, including institutional voids, institutional distance, state capitalism, hierarchical market economies, embedded autonomy, and predatory states.
 
Based on these key concepts from international business, comparative political economy, and development studies literature, students will be able to critically analyse what specific challenges arise for firms in such contexts and how different types of firms have reacted to them. Topics addressed in the module include the strength and weaknesses of institutions, the role of the state, rule-based vs. relationship-based systems of governance, business groups, and State-owned enterprises (SOEs).
Learning Outcomes
On completion of this module students should be able to:
 
  • Identify and critically assess institutional specificities in a series of developing countries
  • Be critically aware of how institutional factors shape companies’ organisational structures and practices
  • Critically evaluate a range of contextual factors in developing countries and how firms can react to them
  • Explain and critically reflect on different ways of doing business in different parts of the world
  • Critically evaluate key concepts used to describe the institutional and cultural business context in developing countries
  • Critically analyse companies strategic and organizational reactions to key challenges in developing countries
  • Critically analyse and synthesise academic literature and other sources of information
  • Construct and present convincing, logically coherent arguments orally and in writing
  • Demonstrate effective oral presentation skills.
Assessment
  • Assignment (80%)
  • Group presentation (20%)

Accounting and Financial Management

The aims of this module are to provide students with a broad understanding of the basic concepts in accounting and financial management with an emphasis on decision making. Students will develop their technical and analytical skills in aspects of accounting and financial management and will be equipped with the financial awareness necessary for further study in all aspects of business and management.
 
Learning Outcomes
 
On completion of this module, students should be able to:
 
  • Describe the business context of accounting and financial management (AFM)
  • Identify and explain the linkages and distinctions between financial accounting, management accounting and financial management and their roles in the management process
  • Define basic accounting terminology and explain straightforward financial statements and other accounting information
  • Define and illustrate basic accounting concepts
  • Compile, analyse and interpret financial information
  • Analyse accounting and financial management problems and select appropriate solutions
  • Discuss some of the advantages and shortcomings of financial information used in decision making
  • Apply basic accounting concepts, principles and techniques
  • Compute and use basic accounting ratios
  • Analyse and structure problems in management accounting
  • Learn and work independently
  • Interpret numerical data
 
Assessment
  • Exam (100%)

Collaborative Project

With a multi-talented group of students, you will work on a brief from a real company looking to solve a real social or business problem.
 
Together with your student team, you will research and build solutions to a business problem, supported by our project tutors, clients and staff. Previous clients include Foster + Partners, Speedo, The London Legacy Development Corporation as well as many other companies, start-ups and charities.
 
The Collaborative Project provides a means for you to engage in critical enquiry and to be exposed to project-based teamwork in multicultural and interdisciplinary settings. By undertaking this module, you will strengthen your cooperative and collaborative working skills and competencies, whilst raising your awareness and appreciation of cultural and disciplinary diversity and differences.
 
The Collaborative Project aims to provide you with a hands-on experience of identifying, framing and resolving practice-oriented and real-world based challenges and problems, using creativity and appropriate tools to achieve valuable and relevant solutions. Alongside the collaborative elements of the module, you will be provided with opportunities to network with stakeholders, organisations and corporations, which will give you the experience and skills needed to connect to relevant parties and potentially develop future employment opportunities.
 
Learning Outcomes
On completion of this module, you will be able to:
 
  • Work effectively in diverse and interdisciplinary teams;
  • Undertake and contribute towards a project-based development process;
  • Apply critical enquiry, reflection, and creative methods to identify, frame, and resolve issues and problems at hand;
  • Identify user and stakeholder needs and value creation opportunities, whilst collecting and applying evidence-based information and knowledge to develop appropriate insights, practices and solutions;
  • Identify, structure, reflect on key issues and propose solutions to problems in creative ways;
  • Enhance your appreciation for diversity and divergent individual and disciplinary perspectives;
  • Be able to provide structured, reflective and critical feedback to peers and other stakeholders;
  • Plan and execute a project plan including scope, resources and timing;
  • Effectively communicate ideas, methods and results to a diverse range of stakeholders;
  • Use multiple, state-of-the-art date media and technologies to communicate with collaborators;
  • Make informed, critical and reflective decisions in time-limited situations.
 
Assessment
100% Coursework consisting of:
 
  • 20% Group project proposal
  • 20% Individual reflection
  • 30% Final Project Report
  • 30% Project deliverables to the client

Dissertation

The Dissertation module will equip you with the relevant skills, knowledge and understanding to embark on your own research project. You will have the choice of three dissertation pathways:
 
  • A desk based research project that could be set by an organisation or could be a subject of the student's choice
  • A project that involves collection of primary data from within an organisation or based on lab and/or field experiments
  • An Internship within an organisation during which time students will complete a project as part of their role in agreement with the organisation (subject to a suitable placement position being obtained)
  • By undertaking a dissertation at master's level, you will achieve a high level of understanding in your chosen subject area and will produce a written thesis or project report which will discuss your research in more detail.
 
Learning Outcomes
On successful completion of this module, you should be able to demonstrate knowledge and understanding of:
 
  • The importance of project planning;
  • The importance of a clear hypothesis or research question;
  • The ethical implications of research;
  • The relevant empirical data and methodologies for data collection or knowledge assimilation for the subject area;
  • Methods of data analysis and their suitability for the intended data;
  • The areas of expertise or publications of the major individuals or organisations in the subject or business area;
  • The previous research or current knowledge in the specific subject or business area;
  • Theoretical perspectives relevant to your chosen topic;
  • The most effective methods of presentation for data or knowledge;
  • Developing a clear, coherent and original research question, hypothesis or business problem in a suitable subject area;
  • Synthesising relevant sources (e.g. research literature, primary data) to construct a coherent argument in response to your research question, hypothesis or business problem;
  • Analysing primary or secondary data collected by an appropriate method;
  • Critically evaluating data collected in context with previously published knowledge or information;
  • Engaging in critical debate and argumentation in written work;
  • Applying principles of good scholarly practice to your written work;
  • Performing appropriate literature searching/business information searching using library databases or other reputable sources;
  • Planning a research project and producing a realistic gantt chart demonstrating your intended timelines;
  • Synthesising information from appropriate sources;
  • Demonstrating rational use of research method tools;
  • Selecting and using appropriate investigative and research skills;
  • Demonstrating effective project planning skills;
  • Finding and evaluating scholarly sources;
  • Engaging in critical reasoning, debate and argumentation;
  • Demonstrating effective report writing skills;
  • Recognising and using resources effectively;
  • Successfully managing a project from idea to completion;
  • Demonstrating commercial awareness or the impact of knowledge transfer in a business or research environment.
 
Assessment
100% Coursework consisting of:
 
  • 20% Literature review
  • 20% Research proposal
  • 60% Dissertation report/essay

Global Strategy

This programme will provide you with knowledge and understanding of the concepts surrounding global strategy and strategic management. Environmental analysis and strategic positioning will also be considered, alongside strategy evaluation and implementation. We will analyse the tools required for successful global strategic leadership and assess the aspects of organisational structure and design relevant to strategy. Time will be dedicated to explore the cultural context of global strategic management and change.
 
Learning Objectives
On completion of this module, you should be able to:
 
  • Explain the concept of global strategic management and global strategy;
  • Develop meaningful corporate objectives in a global context;
  • Understand resource, knowledge, and institutional-based factors important to the global firm in terms of the headquarters and its subsidiaries;
  • Explain the relationship between the capabilities and competitive advantage of an organisation;
  • Distinguish between strategic options;
  • Recognise the problems and implications of implementing the strategies;
  • Assess the relationship between strategy, environment, capabilities, and stakeholder expectations of an organisation;
  • Evaluate an organisation’s strategies and their adequacy;
  • Analyse the multiplicity of factors and inter-relationships that make up a complex scenario;
  • Demonstrate self-direction and originality in analysing problems
 
Assessment
  • Coursework (100%)

International Marketing

This module aims to provide you with an understanding of the key concepts and core issues in international marketing and to develop decision-making skills for the successful formulation, implementation and control of international marketing programmes.
 
Learning Objectives
By the end of the module you should be able to:
 
  • Describe the core issues associated with the development of international marketing strategies;
  • Explain the key decisions and problems associated with developing a marketing mix in an international setting;
  • Analyse the international marketing environment of an organisation;
  • Debate international marketing issues in a group setting;
  • Use web-based information on internationalmarketing;
  • Evaluate the impact of contextual influences on international marketing decision making.
  • Work independently and manage time effectively;
  • Work effectively in a small team on case studies and projects;
 
Assessment
  • 50% group assignment
  • 50% exam

Management in a Diverse World

This topical module will enable you to make informed assessments of the idiosyncrasies of national economic systems. You will uncover the key elements of national economic systems and how they differ through an in-depth investigation of how they have evolved over time
 
As a group, we will assess the challenges facing companies that manage across nationally distinct systems, and will take account for the pressures towards convergence and divergence in the nature of managerial work.
 
Learning Outcomes
 
On completion of this module, you should be able to:
 
  • Appreciate the ways in which economic activity is embedded in particular national contexts
  • Understand the nature and causes of national variations in the way that ostensibly similar processes are undertaken
  • Critically evaluate a range of aspects of the behaviour of multinational companies
  • Identify which features of organisations are becoming more similar across nations and which continue to differ
  • Develop an approach to comparing phenomena across countries that is sensitive to the ways in which economic activity is embedded in institutional context
  • Evaluate the ways in which comparative analysis is soundly carried out
  • Demonstrate an effective understanding of recommendations for policy and practice underpinned by comparative analysis
Assessment
 
Coursework (100%)

Optional modules

Corporate Governance, The State and Development

By the end of this module you will be able to critically discuss the main theories in the areas of law and finance as well as alternative explanations of the link between law and financial development. We will critically discuss the notion of ‘quality of law,’ the role that the Rule of Law plays in the economy, as well as different measures of legal shareholder protection.
 
You will familiarise yourself with alternatives to the legal-rational Western system of economic organisation (including relationship-based systems and clans). This will allow you to understand how corporate governance reforms have been used to promote financial growth and what firm-level consequences result from such reforms, driven by the international financial institutions.
 
Topics addressed in this module include ‘the Washington Consensus,’ the Law&Finance school, legal reforms and the transplant effect, the impact of shareholder protection on stock market development, and shareholder vs. stakeholder models of corporate governance.
 
Learning Outcomes
On completion of this module you should be able to:
 
  • Critically assess theories of corporate governance and the role of law in promoting financial and economic development
  • Demonstrate an awareness of how such theories have been used by development agencies and international financial institutions to promote policy reforms in various countries
  • Explain and critically reflect on limitations of legal reform as an instrument fordevelopment
  • Understand and critically evaluate alternative forms of economic organisation to the legal rational system of developed Western economies
  • Critically evaluate key theories in the areas of comparative corporate governance, law and finance, and development studies
  • Critically analyse reform programmes and policies based on these theories and assess their impact on corporate governance systems and firm-level practices
  • Critically analyse and synthesise academic literature and other sources of information
 
Assessment
  • Assignment (80%)
  • Presentation (20%)

Corporate Social Responsibility

By the end of this module you will be able to make informed assessments of the range of ways in which companies can shape their environment. We will critically evaluate the nature of corporate social responsibility and how the debate and practice of this issue has evolved over time. You will assess the challenges facing internal and external stakeholders in exerting influence over corporate activity and will evaluate the pressures that lead to national variation between companies and how they shape their environment and engage with a range of stakeholders.
 
Learning Outcomes
On completion of this module you should be able to:
 
  • Appreciate the ways in which companies can be ‘rule makers’ as well as ‘rule takers’
  • Understand the nature of the pressures that lead companies to formally expresstheir responsibilities to those other than shareholders
  • Critically evaluate the interactions between a range of potential and actual stakeholders in the management of companies
  • Identify which features of national economic systems lead to these aspects ofcorporate political activity being carried out differently across borders
 
Assessment
  • Coursework (100%)

Information Systems

This programme will provide you with an understanding of the role and importance of information systems in organisations, and the ability to critically evaluate different approaches to information system design and development.
 
Learning Objectives
On completion of this module, students should be able to:
 
  • Assess the likely impacts of introducing new technologies into an organisation
  • Discuss the nature of and reasons for information systems success and failure
  • Critically evaluate the different development approaches available to facilitate successful information system design and development
  • Discuss the issues involved in designing for change
  • Develop skills for designing information systems
  • Participate in debates on issues concerning the development and management of information systems
  • Research information systems topics in the business press and academic literature;
  • Develop persuasive arguments and conclusions on information systems and issues;
 
Assessment
  • Coursework (50%)
  • Exam (50%)

International Human Resource Management (HRM)

By the end of this module you will be able to make informed assessments of the impact of national institutions on HRM. We will uncover the key elements of national traditions of HRM and why they differ through a careful analysis of how they have evolved over time. We will take a number of case studies to understand the challenges facing companies that manage people across nationally distinct systems, and will assess the current trends in international HRM, including whether patterns of work are converging or diverging.
 
Learning Outcomes
On completion of this module you should be able to:
 
  • Compare the impact of national institutions on HRM, with special reference to industrial relations systems and labor market regulations
  • Evaluate cross cultural differences in international management with regard to leadership, worker motivation, communication and negotiation
  • Evaluate the effectiveness of particular HRM policies and practices in different national and organizational settings
  • Evaluate the roles of alternative international HRM strategies and practices on the success of multinational companies
  • Evaluate the influence of multinational corporations’ HRM policies on the quality of work within their global value chains
  • Develop an approach to understanding how HRM differs across countries that is sensitive to the ways in which the practices of firms are embedded in institutional context
  • Evaluate the ways in which those practicing international HRM can be effective in their roles
 
Assessment
  • Coursework (100%)

Political Risk in Emerging Markets

This programme asks the question: what are political risks and how are they defined for emerging markets. You will uncover the lure of emerging markets and the range of risks that can be associated with such collectives, including geopolitical risks, regulatory risks and international political risks. Time will also be dedicated to the consideration of emerging markets as nodes in the global market. By the end of the module, you will have a thorough grasp of the political and geographical risks at play for emerging markets, as well as the politics of 'doing business' for particular groups.
 
Learning Outcomes
On completion of this module, you should be able to:
 
  • Discuss diversity of political risks within emerging markets
  • Explain the various factors that make emerging markets important nodes in international business activities
  • Critically evaluate existing literature and understandings of emerging markets.
  • Construct reasoned arguments, synthesise and analyse relevant information and exercise critical judgement
  • Reflect on your own learning and make use of constructive feedback
  • Analyse current events and discuss them in groups as part of an editorial meeting
  • Discuss essay questions as part of a group and plan possible outlines
  • Communicate effectively in speech and writing
  • Use communication and information technology for the retrieval and presentation of information
  • Work individually, demonstrating initiative, self-organisation and time management
  • Explain events as they are reported in media coverage, and examine their contents
 
Assessment
  • Coursework (100%)

Sociology of Work

This module draws on the sociology of work to provide a systematic explanation of these and other important questions regarding the types, content and contexts of work as well as broader issues regarding employment relations and the labour market within the economy. The approach will be historical and comparative, providing a sociological, critical and labour-orientated approach to work, markets, corporations and capitalism. Topics include: an introduction to sociological theory, the history of capitalist work and employment, gender and race in the labour market, deskilling, upskilling and skill polarization, the roles of unions, Fordism and post-Fordism, professions, low-wage occupations, and non-standard work and bad jobs.

Learning Outcomes:

Knowledge and Understanding:

  • Identify the evolution of work organization & employment relations over time and how they vary within and across national economies
  • Assess the competitive and institutional pressures facing HR managers and corporate managers, and how these vary over time and across national economies
  • Identify the sources of variation in job quality and labour market dynamics, including why many advanced capitalist economies are increasingly experiencing a growth of bad jobs
  • Have a basic understanding of sociological theories including social constructionism, embeddedness theory and theories of social class and power 

Cognitive/Subject-specific skills:

  • Critically analyse the sources of job quality, the sources of gender and racial discrimination in the labour market, roles of trade unions, the differences between sectors and occupations, and trends in skill development
  • Critically evaluate theories of seeking to explain job quality, skill development and inequality 

Practical/subject specific skills:

  • Explain the role of institutions and power in the economy
  • Critically evaluate strategies and models of work organization, including scientific management, socio-technical systems and lean production
  • Identify the effects of standardization, autonomy and employee involvement in shaping organizational performance 

Key/transferable skills:

  • Critically analyse social science literature and other sources of information
  • Critically evaluate social science evidence and other forms of evidence
  • Present convincing, logically coherent arguments in writing
  • Demonstrate effective teamwork and presentation skills

Assessment:

  • 1 x 100% Time-limited take home assignment (3,000 words)

Future career prospects

The Institute for International Management at Loughborough University London is committed to helping you develop the skills and attributes you need to progress successfully into a global management and relations position. We will prepare you for employment in a very wide range of careers, including consultancy as a functional specialist or general management in the private or public sector.

Example careers may also include:
 
  • International or Regional Manager
  • Merchandise Manager
  • Human Resource Specialist
  • Trade Support Analyst
  • Sales Executive
  • Sales and Marketing Executive
  • Financial Management Consultant
  • Tax Consultant
  • Global Brand Ambassador
  • Credit Management Support Officer
  • Project Manager
  • Market Pricing Analyst
  • Business Operations Analyst

Your personal development

The careers and employability support on offer at Loughborough University London has been carefully designed to give you the best possible chance of securing your dream role.

Loughborough University London is the first of its kind to develop a suite of careers-focused activities and support that is positioned as the underpinning of every student’s programme. Opportunities include employability assessments, group projects set by a real businesses and organisations, company site visits and organisation-based dissertation opportunities.

Assessments

Modules are assessed by a combination of essays, group exercises, presentations and time constrained assignments. Subject to your choices, there may also be exams. Take a look at our modules to see the type of assessments you can expect to undertake.

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