FTMBA Flexcore & Specialisms

Personalise your MBA with flexcore and specialisms

Flexcore modules give you the flexibility to personalise your MBA and provide an opportunity to deep dive into a specialist area that aligns with your chosen career path and interests. 

Our optional specialisms allow you to hone in on one area of interest, providing you with the business fundamentals to become an expert in your chosen field. You can pursue a single specialism in analytics, entrepreneurship or finance, or complete modules across all three, depending on your professional aspirations and interests. 

These specialisms align with the in-demand skills that MBA recruiters are seeking. The MBA remains one of the most highly regarded qualifications by employers. But with the changing nature of society, our recruitment experts are seeing more demand for graduates with deeper skills in these areas. Depending on your chosen career path or company, choosing a specialism can give you the edge in a competitive job market.*

*Subject to College approval

Analytics specialism

Discover the latest thinking and techniques in the field of business analytics. In addition to the fundamentals of data, probability and statistical analysis​, explore how AI and machine learning are reshaping our ability to leverage data and tackle real-life challenges. This specialism is for anyone with an analytical mind and passion for data looking to be at the forefront of this rapidly evolving subject. If this is your passion, you will also benefit from extra-curricular opportunities at Imperial such as our Data Spark initiative. 

Entrepreneurship specialism 

Make the Full-Time MBA the start of your journey to entrepreneurial success. The entrepreneurship specialism is designed to give you the tools, support, and expertise to launch your own venture, or innovate from within and create change in your future organisations. In addition to the support available to all students via the Imperial Enterprise Lab, you’ll learn how to develop a robust business plan for the digital age, discover the true meaning of innovation and how to solve complex problems with a disruptive mindset, and uncover the best strategy for breakthrough performance in your entrepreneurial endeavours. 

Finance specialism

At Imperial, we are experts in finance. With five Finance Master’s programmes at the Business School, you’ll benefit from the world-class expertise of our Department of Finance. Being Imperial, it’s natural that our finance teaching is at the forefront of new technologies. You’ll be able to explore the traditional worlds of corporate finance and investment banking through to big data and fintech. Imperial is also home to the Student Investment Fund, a student-led society that allows you to make real-world investing decisions with our £100,000 portfolio of assets. If you’re wanting a deeper understanding of this fundamental aspect of business, or to propel your career into a senior position in the finance sector, this specialism will set you up for success.

Flexcore modules 

You will choose two flexcore modules from the following four options available. Your choice of flexcore modules may be determined by the mandatory modules required for each specialism. If you do not want to choose a specialism, you can choose any two modules from the four flexcore options. You may take an additional flexcore module (three in total) in which case this will count as an elective choice.*

*Subject to College approval


This module analyses the macroeconomic backdrop against which businesses and governments operate. You will analyse how the decisions of firms and consumers interact to generate the aggregate outcomes that macroeconomists focus on: total output (GDP), employment, inflation and the balance of payments. The module will examine the 2008 financial crisis and the ways in which it has affected economies and prompted responses of governments and central banks. And looking to a current and very local issue, you will also explore the economics of Brexit right in the city where the decisions are being made.

Advanced Business Analytics

The module prepares students to visualize and analyse data, and to use analytical and data-driven approaches to make sound management decisions. The module covers the fundamentals of data manipulation and visualization, with an emphasis on how to ask insightful business questions and analyse data interactively. The exploratory data analysis method will be discussed from a statistical point of view and with case studies in a management context. We also cover the computational aspect of data analytics and briefly introduce online computing platforms.


A firm can create competitive advantage through efficient and effective management of its operations. This module covers key concepts of operations management including the analysis of process flows and bottlenecks, capacity planning, inventory and supply chain management and quality management. You will understand how to apply these ideas to achieve operational excellence and total quality.

Design Thinking: Solving Complex Problems Through a Disruptive Mindset

Design Thinking represents a powerful way to unleash the creative potential of managers and leaders in organisations and is rapidly becoming a new management paradigm for value creation. Through this module you will develop the ability to gain deep insights about users, to define and reframe problems, and to effectively generate solutions or alternative approaches. You will learn how to clearly articulate ideas and concepts visually as well as verbally, and a mindset that embraces uncertainty and seeks new opportunities by exploration and experimentation.

Specialism structure

If you choose to specialise your MBA programme you will pursue the following modules which align with your chosen specialism, as outlined below. Alternatively, you can opt for our General Management pathway which gives you a broader understanding of business and leadership providing you with the freedom to mould your MBA programme to a varied range of interests. We have a wide portfolio of thoughtfully curated electives for you to further explore areas such as marketing, digital transformation, healthcare, energy and environment, and corporate strategy.*

*Subject to College approval


Analytics specialism

Entrepreneurship specialism

Finance specialism

All students begin their programme with the same 11 core modules.  

Flexcore modules

These are the modules that align with each specialism. You will choose two flexcore modules in total.



You will study five to seven modules in total from a choice of over 40 elective options.  

A minimum of three electives must align with your chosen specialism.  


Entrepreneurial Journey or Strategic Consulting Project

Entrepreneurial Journey

Entrepreneurial Journey or Strategic Consulting Project


If your module choices align with one of the three specialisms, you will be able to certify this specialism and share with your future employer, further cementing your in-depth knowledge of your chosen field. 

The opportunity to combine business and technology is a unique aspect of the Imperial MBA. I have also been impressed with the passion and dedication of the teaching staff and the opportunities for combining business and technology. Having worked for over eight years, modules such as Organisational Behaviour have helped me frame my experiences and provided a guide for the future.
Full-Time MBA 2020-21
Ian Cook, Full-Time MBA 2020-21, student at Imperial College Business School
Want to learn more? Request a programme brochure

Electives available and module outlines are subject to college approval. Imperial College Business School reserves the right to alter modules whenever they need to be amended or improved. Faculty may also change as and when required.