Industry ‘embedded’ in UTS’s new one-year Advanced MBA
The University of Technology Sydney (UTS) is launching a new one-year MBA program, designed and delivered with industry, that meets demand for a more flexible program to prepare graduates for a fast-changing business environment.
“The new UTS Advanced MBA is the result of deep collaboration with industry and will be delivered in partnership with industry. It represents a paradigm shift in business education in Australia,” says the Dean of UTS Business School, Professor Chris Earley.
“It harnesses the best knowledge and expertise from not only UTS Business School but across the university, especially STEM and healthcare, to bring a wide range of industry and sector perspectives to the program,” he says.
Available from January 2019, the UTS Advanced MBA will immerse students in live projects where they work to solve real business problems under the mentorship of academic and industry leaders.
Director of the Advanced MBA, Dr Natalia Nikolova, says having industry embedded in the program means it will respond to what industry needs now. “Industry moves very quickly, so by working closely with industry we make sure it’s relevant.”
Professional services organisation Ernst & Young and global HR consulting firm Mercer are two of the companies involved in the development and delivery of the curriculum.
“Technology disruption is affecting the nature of employment and employability skills, and our ‘Future of Universities’ report found that traditional degrees were not always keeping up with the skills required," says Ernst & Young Education Leader Catherine Friday.
"The UTS Advanced MBA addresses this issue through co-design and co-delivery of coursework, including true work-integrated learning, where students are not just doing work experience but actually collaborating on complex real-life problems," she says.
Ephraim Patrick, Partner and Practice Leader Talent Strategy & Organisation at Mercer, says Mercer’s global talent report found that employees need to embrace change at speed and evolve their skills quickly to succeed in the new world of work.
“The best way to learn and be prepared for the new world of work is through immersing students in live industry projects where they can solve organisational and digital transformation challenges while developing leadership, collaboration and communications skills. The UTS Advanced MBA does exactly this,” he says.
The UTS Advanced MBA will be delivered in a blend of intensive face-to-face sessions and online learning. It will have an adaptable structure, with two graduate certificates that can stand on their own or lead to the full Advanced MBA program.
Face-to-face subjects will be taught in “intensive” mode over full days on Fridays and Saturdays to allow students to keep working while they study and so they can apply what they learn right away.
The program will include three “studio” subjects where students work collaboratively on complex challenges using a range of analytical and digital tools and methodologies. The studios include Digital Labs developed and delivered with leading digital experts.
“With the studio subjects we’ll be offering, we’ll be supporting students with tailored content that depends on the problem students are working on, and their needs and capabilities,” says Dr Nikolova.
The degree will be bookended by two Leadership Labs, which focus on developing leadership skills, emotional and cultural intelligence and the ability to lead a diverse workforce.
While the UTS Advanced MBA is designed as a one-year program, it can also be completed over a longer time frame.
“The Advanced MBA is designed for professionals wanting to upskill and accelerate their careers,” Dr Nikolova says. “It aims to prepare them for the changing workplace – for the future of work – by equipping them with leadership, problem solving and enterprise skills that are transportable between roles and industries.”
What: Advanced MBA launch
When: Wednesday, 18 July at 6pm
Where: UTS Business School, Level 8, 14-28 Ultimo Road, Ultimo
For more information and to register, click here.