MBA elective options

Situated in London, one of the world’s most important financial and cultural centres, the Business School has access to industry experts and the direct experience of major corporates, consultancies, investment banks, venture capitalists and public sector organisations, which all help to make our teaching and research practical and relevant.

More information on the elective options offered to exchange students joining our MBA classes can be found below.

MBA Electives

Spring electives – weekday and weekend

Given the importance that climate change is going to have in shaping both the policy and business environment for the decades to come, this elective has been designed to give students the tools to analyse different situations, understand the links between different issues, and have a perspective from a variety of sectors. You will develop a scientific knowledge of climate change and the technologies and policies it relates to, hear from corporates to understand the risks and opportunities it presents for business, and explore the importance of entrepreneurship and innovation in climate change solutions and adaptation.

This module will develop your understanding of the principles, strategies, and tactics of effective negotiation and professional relationship management.

The goal of this module is to understand the decision-making process with respect to screening and selecting of business proposals, negotiating and structuring the deal, following up on investments, and exiting.

This module deals with the major issues faced by companies in international business. It will help you understand the differences between doing business in emerging markets and in developed markets and deal with issues in an increasingly globalised world.

This module focuses on how networks may help individuals, entrepreneurs, and organisations to create value. More specifically, it aims to generate insights into the role of interpersonal and inter-organizational interaction in the achievement of creative outcomes, innovative performance, organisational change and competitive advantage.

This module covers corporate financial decision-making. It provides an overview of corporate financial policy, and address financial forecasting, financing decisions, corporate investment decisions and valuation, and mergers and acquisitions. You will learn to apply the concepts and methods learnt to make financial decisions in real-life cases.

Summer electives – weekday

Over the past several decades, the field of finance has developed a successful paradigm based on the notions that investors and managers were generally rational and the prices of securities were generally “efficient.” In recent years, however, anecdotal evidence, as well as theoretical and empirical research, has shown this paradigm to be insufficient to describe various features of actual financial markets. In this module we examine how the insights of behavioural finance complement the traditional paradigm and shed light on the behaviour of households, asset prices in a variety of markets, and corporate finance and managerial decision making.

This module will cover the major types of activities and risks faced by intermediaries operating in credit markets. We will layout the important functions performed by banks and risks involved in banking. Subsequently, we will discuss how new financial technologies are disrupting the traditional banking markets and the challenges ahead.

This module explores the brave new world of social innovation and how businesses can tackle social problems through social innovation. While achieving business success and creating social welfare have often been seen as oppositional, a new generation is challenging this by trying to use business as a force for good. These social innovators tackle social problems in two main ways: by becoming social entrepreneurs who lead social enterprises (businesses that seek to fulfill a social mission), or by becoming social intrapreneurs who seek to achieve social change within the for-profit firms that employ them. Through this module, you will be equipped with the tools to become a social innovator.

It is a fundamental precept of this module that any corporation can be valued, albeit imprecisely in some cases. The module starts addressing the value creation process and examines the validity and limits of value creation in the context of corporate restructuring. It continues with the analysis and practical examination of the traditional valuation models, then extends to relative valuation models, and finally combines different pricing frameworks in valuing a number of entities with different investment and financing characteristics. The module is highly participative and the extensive use of real-world cases guides you through the theory and application of valuation models highlighting their strengths and weaknesses.

This course is concerned with building, measuring and managing brands over time. It looks into how to leverage advertising and the other elements of the marketing communications mix to build and strengthen brand equity.

Today’s leaders face the challenge of having to cope with uncertain and dynamic environments when managing their businesses. Unpredictable shifts in customer preferences, technologies, regulations, competitive landscapes, social environments and political environments often threaten key organisational goals. While such conditions force some firms to switch to survival mode, others seem to persistently turn the odds to their favour and outperform their peers. In this module, we explore how to capitalise on opportunities in uncertain environments and mitigate challenges. Specifically, we disentangle different dimensions in today’s dynamic environments and look at how volatility, uncertainty, complexity, and ambiguity (VUCA) shape effective strategies and determine business outcomes.

Hi-tech industries present specific challenges and opportunities to managers and strategists. This module, which builds on your core module in strategic management, aims to help students formulate and implement business strategy in hi-tech industries.

The module should be of particular interest to you if you are interested in managing a business in hi-tech, or a business in which technology matters, or if you are interested in consulting or venture capital.

This module is an advanced elective in investments and portfolio management. We will discuss the key trading strategies used by hedge funds and demystify the secret world of active investing. The module combines the latest research with real-world examples to show how certain trading strategies make money–and why they sometimes don’t. We will look at how market price of stocks and bonds can differ from the model prices, leading to new perspectives on the relationship between trading results and finance theory. We will explore several different strategies in depth, including fundamental tools for investment management, dynamic portfolio choice, equity strategies, macro strategies, yield curve logic and arbitrage strategies.

This module will address the topic of sustainability from a strategic perspective, with a particular emphasis on decision-making and trade-offs. The class will be involved in an engaging debate that will cover different perspectives on the topics discussed, including the economic, environmental and social perspectives. At the end, you will have a comprehensive understanding of sustainability issues, the relevance for policy makers, the role of corporations and the implications for decision-making.

This module covers modern project management techniques that are relevant to practicing professionals.

Summer electives – weekend

The purpose of this module is to provide a strong theoretical framework, practical applications and tools relating to private equity finance. The elective looks into areas such as raising equity and debt finance, growth capital finance, leveraged buyout finance, distress, and project and infrastructure finance.

This module will develop your understanding of the principles, strategies, and tactics of effective negotiation and professional relationship management.

Particularly useful if you are thinking of moving into a consultancy role after your MBA, this module will provide you with the key techniques you need to complete the programme successfully, including problem framing and case study analysis. It examines the process that you go through as a consultant and equips you with a number of practical and analytical toolkits commonly used by top consultancy firms.

We take an in-depth look at rapidly evolving global energy markets with a specific focus on low-carbon and renewable energy technologies.

This elective explores consumer psychology and how consumer behaviour can be shaped. It examines consumer psychology theories and current findings to learn how to apply these to develop marketing techniques that cut through the noise, shape or alter consumer behaviour, and help build and sustain consumer loyalty.

In this elective we focus on the emerging challenges that public and private healthcare providers face with increasing consumption. It considers the underlying causes, ways in which organisations are responding and what future changes we should prepare for.

The study of leadership is about how to better manage the challenges we face motivating and inspiring people. This elective will introduce you to new skills useful in dealing with common leadership challenges and dilemmas. It will also help you become more aware of your personality and other traits in order to become more effective through diagnosis, insight and self-development.

During this elective you will gain familiarity with different change frameworks that illuminate how organisations make transitions from one set of structures, systems and values to another to align with their strategy. You will also learn about the different processes by which that transformation unfolds, the critical leadership challenges and the role that middle managers can play in the process.

This module focuses on how networks may help individuals, entrepreneurs, and organisations to create value. More specifically, it aims to generate insights into the role of interpersonal and inter-organizational interaction in the achievement of creative outcomes, innovative performance, organisational change and competitive advantage.

This module covers corporate financial decision-making. It provides an overview of corporate financial policy, and address financial forecasting, financing decisions, corporate investment decisions and valuation, and mergers and acquisitions. You will learn to apply the concepts and methods learnt to make financial decisions in real-life cases.

The module is designed to introduce you to the issues raised by corporate mergers and acquisitions. It draws on knowledge gained earlier in the programme in areas such as accounting and finance, strategic management and organisational behaviour.

This course will provide you with a systematic presentation of the factors that need to be considered when setting prices, and will show you how pricing alternatives can be developed. The course will constantly integrate the pricing decision back into the marketing mix, and evaluate its effectiveness in achieving broader managerial objectives.

Idea SMARTCamp focuses on teaching practical methods and skills that help aspiring intrapreneurs to build business cases that challenge the companies they work for and inspire them to extend their current businesses to adjacent markets and technologies.

We focus on how to develop compelling business cases, i.e. rationales why a business should be built, and on how to marshal sufficient resources for building robust venture structures that allow pursuing that business case but also adjust the start-up activities if necessary.

This SMARTcamp is primarily aimed at growth-oriented and ambitious future intrepreneurs. You may come with an idea for an innovative product or service (for your company or even for starting your own company) or you can team up with idea owners to then further develop that idea. The SMARTcamp is also suitable for students who intend to take the Entrepreneurial Journey as it can serve to develop an initial idea that they can then use for developing a business plan. The SMARTcamp emphasizes aspiration, willingness to learn and dedication to process.

A firm can create competitive advantage through the efficient and effective management of its operations. The focus of this module is to examine the strategic role that the operations function can play and the centrality of the supply chain for competitive advantage. We cover key concepts of operations management including process flowcharting, analysis of process flows and bottlenecks, capacity planning, quality management and supply chain management and coordination. These concepts and tools will be applied to both manufacturing and service operations problems.

This elective overviews family businesses and the opportunities and challenges they face. You will come to understand the different objectives and interactions between different stakeholders, the importance of timely succession planning and the different family governance structures and constitutions available and their benefits. The elective also covers risks associated with running a family business and the options available other than continued family ownership.

Breakout strategy is a state of mind and a managerial framework for proactively pursuing growth-oriented strategic objectives. This elective introduces the concept and technique of this type of strategy and explores the essential strategy practices and types of breakout.

Please note that it may not be possible to take all combinations of modules. Students will be advised about which combinations are possible when they register.

Please download the exchange fact sheet for more information

Career services

As an exchange student with Imperial College Business School, you will also have access to our Careers and Professional Development Service who will work with you to ensure that you receive the very best support, advice and guidance that is tailored to your own specific career needs.

Our Careers and Professional Development Service only serves the students at Imperial College Business School, and between the careers consultants, have many years of experience within industry along with contacts with School alumni.

Our service offers:

You’ll have access to our expert consultant, who will work with you to identify your skills and strengths, refine your CV, set up mock interviews and review your overall career strategy.

These modules will help you develop your career strategy, understand how to effectively market yourself and ultimately find a career that is right for you. The modules include hints and tips from recruiters and current students and will help to maximise your chance of finding your ideal job.

In our workshops, you will receive guidance on preparing CVs, cover letters and application forms. Not only will you be able to develop your interview and assessment centre skills, but you will also further your personal development through refining your presentation and networking skills as well as your cross-culture teamwork.

Our Employer Relations team bring you closer to employers by working with businesses across the global to increase the profile and employability of our students. They advertise job vacancies and maximise the opportunities for you to meet companies on campus through recruitment events, careers fairs, student clubs, projects and other networking activities.