Master of Business Administration (MBA)

Master of Business Administration (MBA)

The multidisciplinary MBA programme empowers and equips managers, professionals and graduates with advanced management and business leadership education to become outstanding performers in the business environment.

About

The volatility, uncertainty, complexity and ambiguity of today’s business world is profoundly changing the way organisations do business, and the way business leaders lead. The skills and abilities leaders once needed to help their organisations thrive are no longer sufficient. Today, more strategic, complex critical-thinking skills are required. Milpark's accredited MBA addresses exactly that. 


Milpark Business School's MBA students will be able to analyse complex issues, think critically and appreciate alternative perspectives related to core business management issues. They are taught to apply, evaluate and synthesise current management theories in the main functional areas of financial management, human resource management, marketing management, ethics, governance, operations management, global economics and leadership.

While developing creative and imaginative, yet credible, solutions to management issues, Milpark students learn to apply theoretical and practical aspects of the strategic development of organisations in an integrated fashion.

The Master of Business Administration programme focuses on key management functions while paying sound attention to the critical skills that make Milpark's students outstanding performers in the business environment. Future managers and leaders are also provided with insight and skills related to the areas of social responsibility, the environment and corporate citizenship.

 

OUTCOMES

Southern Africa has a need for managers and business leaders who can conduct business responsibly and successfully, not only locally but also in the global marketplace. To address this need, Milpark's MBA degree is a multidisciplinary programme with a practical orientation that provides managers, professionals and graduates with advanced management and business leadership education. 

 

PROGRAMME STRUCTURE

 

Requirements

LANGUAGE REQUIREMENTS

Command of the English language is a requirement.

 

IT REQUIREMENTS

Minimum system requirements:

  • Reliable broadband Internet access
  • Firefox/Internet Explorer/Chrome web browser
  • Microsoft Word
  • PDF Viewer
  • Ability to scan and upload documents
  • Email/Cellphone for notification and communication.

 

ADMISSION REQUIREMENTS

ENTRY ROUTE 1

Admission to the qualification is subject to academic selection criteria. The applicant must:

  • be at least 25 years old
  • have a recognised postgraduate diploma, honours degree, accredited four-year Bachelor’s degree (that exits at Level 8) or equivalent
  • have a minimum of three to four years’ relevant work experience
  • be proficient in English
  • be computer and Internet-literate
  • achieve an acceptable rating in the Milpark admission test.

ENTRY ROUTE 2

In limited cases, admission to the qualification may also take place via Recognition of Prior Learning (RPL). Applicants in this category must demonstrate that they have sufficient professional experience by submitting the following information on application:

  • A condensed curriculum vitae
  • A biographical essay
  • A letter of recommendation from the employer (recommending the candidate for successful MBA studies).

In addition, the applicant must:

  • present him/herself for an interview with the Selection Panel.
  • present him/herself for a challenge exam if the Panel believes this to be necessary (on the merits of past work experience).
  • be 40 years old or older.
  • have 15 to 20 years’ relevant work experience.
  • be in a Senior Management or Executive position.
  • achieve an acceptable rating in the Milpark admission test.

 

MBA AT LEVEL 9

Prospective students who have an accredited four-year Bachelor’s degree (that exits at level 8), an Honours degree, a postgraduate diploma or equivalent with at least three years’ work experience can apply for the MBA at Level 9.

 

FURTHER STUDIES

Both degrees may allow admission to doctoral studies at South African higher education institutions and universities, depending on the admission requirements of the particular institution.

Key Information

MODULE DESCRIPTIONS

BUSINESS REPORT WRITING, QUANTITATIVE ANALYSIS AND PRESENTATION SKILLS

This module assists the student to improve their skills up to entry level in order to ensure competence in writing and research skills. This will contribute to a higher quality of output on written research assignments, and will ensure a seamless entry into the business research module and dissertation.

GENERAL MANAGEMENT ENVIRONMENT

The framework provided in this module will give the student an understanding of the nature of the principal functions of management, and how they constitute the role of the manager.

BUSINESS ETHICS & CORPORATE GOVERNANCE

This module exposes the student to perspectives and philosophies on moral and business ethics. The student will develop skills to identify and manage issues related to ethical practice and decision-making, and will be exposed to the requirements and practice of good corporate governance.

SOCIAL RESPONSIBILITY AND ENVIRONMENTAL MANAGEMENT

The purpose of this module is to empower students (business executives, managers and leaders) to understand the influence and impact of business enterprises and their responsibilities. The module examines the social, ethical and environmental issues faced by both business and other kinds of organisations, providing business executives, managers and leaders with a theoretically supported analytical perspective of Corporate Social Responsibility (CSR) and enabling them to critically assess CSR issues, initiatives, drivers and responses.

PEOPLE MANAGEMENT

This module is aimed at equipping students as future managers to deal with the most important asset: people. Organisations that acquire, develop and retain high-performing employees with the appropriate skills and competencies are better able to respond to the needs of their stakeholders and to changes in their external environment.

OPERATIONS AND TECHNOLOGY MANAGEMENT

This module examines topical and strategic issues to demonstrate how strategy and tactics at an operational level impact on the development and implementation of corporate strategy. Students are encouraged to explore their own experiences and those of others in operations to enable them to understand the strategic potential of operational problems and situations. The second part of this module develops the student’s competence in evaluating and planning technologies for future operations.

MARKETING AND SALES MANAGEMENT

This module provides an international focus on current theory and practice in marketing, covering concepts such as globalisation, micro-marketing, relationship marketing, standardisation and harmonisation. The module also considers appropriate strategies for product, price, promotion/communication and distribution, and looks at their balance in the marketing mix. In the second part of this module, sales management is addressed.

ADVANCED BUSINESS RESEARCH METHODOLOGY AND THE DISSERTATION

After a strong foundation in business research methodology, students proceed to independent research that aims to develop and test the ability to conceptualise, investigate, appraise and critically evaluate a significant research topic in the field of management and leadership in the form of a dissertation.

MANAGEMENT ACCOUNTING AND FINANCE (1)

This module provides the knowledge and skills needed for financial analysis: the annual financial report, budgetary planning and control, capital appraisal, and costing and pricing techniques. In addition, working capital management, taxation of companies, cost analysis, profit analysis, volume analysis and evaluation of the sources of finance are addressed.

LEADERSHIP AND CHANGE MANAGEMENT

Effective and exemplary leadership is essential in private, public and civil organisations. This module develops and refines the student’s knowledge and practice of leadership and change management in order to ensure responsible action and sustainable business.

GLOBAL TRADE

The aim of this module is to understand the global economy, to identify the relevant threats and opportunities and to design appropriate strategies around them. A strong focus will be placed on emerging economies as represented by the BRICS countries (Brazil, Russia, India, China and South Africa).

MANAGEMENT ACCOUNTING AND FINANCE (2)

This module ensures an understanding of corporate-level finance. Capital markets, long-term finance, the valuation of businesses, risk-reduction techniques and strategic corporate governance are addressed.

INTEGRATED BUSINESS STRATEGY

This module offers a unified approach to business strategy, consolidating the student’s knowledge and skills across core areas. All aspects of the business organisation are addressed in a focused strategy.

 

ELECTIVES (select one)

ENTREPRENEURSHIP AND INNOVATION

Entrepreneurship is the practice of starting new business ventures or revitalising mature companies (intrapreneurship). Entrepreneurial ventures often require unique sources for funding, such as venture capital, to raise the required capital. This module looks at the various ways in which new venture creation may be supported. The contribution of innovation in new business is also addressed.

BUSINESS IN EMERGING MARKETS

This module gives the student the ability to investigate, develop and execute business and trade between South Africa and its BRICS partners (Brazil, Russia, India and China), or in other emerging markets. A firm grounding in the BRICS agreement and related theory will be supported by a field visit to a BRICS country with the aim of gathering more information and of conducting an evaluation of possible opportunities. The student will gain knowledge of economic, political and cultural issues that can affect business ventures in emerging countries in general, and a specific country in particular.

 

 

How to apply

Students need to complete the admission process and receive academic acceptance onto the programme before registering for modules (subjects or courses).

Admission:

*International students: please refer to the admission requirements for international students by clicking here .

Before applying, be sure that you:

  1. meet the minimum entry requirements as per the course programme brochure.
  2. adhere to the admission closing dates as per the course programme timetable.
  3. have all required documentation available as set out in the course programme brochure.
OR

Contact our student service centre at 086 999 0001 where a consultant will gladly assist you by completing your admission application on your behalf.

Upon successful admission, you will receive an acceptance letter via email as well as login details to access myMilparkmyMilpark, our online student environment.


Exemptions:

If you have completed a qualification at another accredited institution, you may be eligible for subject exemptions.

To apply for an Exemption:

  1. submit the relevant application if any of the modules you have completed previously (no more than 10 years ago) are similar to the modules on the qualification you are applying for.
  2. submit your original exemption application form together with originally certificated documents via post or hand delivery to Milpark.
Note: If you have previously completed a qualification at Milpark Education, you may also be eligible for subject exemptions, however these will be automatically granted on admission. No application is required.

Registration:

On successful admission, you can proceed with the registration of your semester modules.
*International students: please refer to the registration requirements for international students by clicking here .

To register, ensure that you:

  1. have received your login details to access myMilparkmyMilpark.
  2. adhere to the registration closing dates as per the relevant course programme timetable.

(You will be required to upload your proof of payment proof of deposit/EFT, bursary letter or credit card.)

OR

Contact our student service centre at 086 999 0001 where a consultant will gladly assist you by completing your registration application on your behalf.

Upon successful registration, a confirmation of registration letter will be sent together with your study material (where applicable).
All admission and registration information can be also viewed online on myMilpark .myMilpark .

Students need to complete the admission process and receive academic acceptance onto the programme before registering for modules (subjects or courses).

Admission:

*International students: please refer to the admission requirements for international students by clicking here .

Before applying, be sure that you:

  1. meet the minimum entry requirements as per the course programme brochure.
  2. adhere to the admission closing dates as per the course programme timetable.
  3. have all required documentation available as set out in the course programme brochure.
OR

Contact our student service centre at 086 999 0001 where a consultant will gladly assist you by completing your admission application on your behalf.

Upon successful admission, you will receive an acceptance letter via email.


Exemptions:

If you have completed a qualification at another accredited institution, you may be eligible for subject exemptions.

To apply for an Exemption:

  1. submit the relevant application if any of the modules you have completed previously (no more than 10 years ago) are similar to the modules on the qualification you are applying for.
  2. submit your original exemption application form together with originally certificated documents via post or hand delivery to Milpark.

Note: If you have previously completed a qualification at Milpark Education, you may also be eligible for subject exemptions, however these will be automatically granted on admission. No application is required.


Registration:

On successful admission, you can proceed with the registration of your semester modules.
*International students: please refer to the registration requirements for international students by clicking here .

To register, ensure that you:

  1. have received your login details to access myMilparkmyMilpark.
  2. adhere to the registration closing dates as per the relevant course programme timetable.

(You will be required to upload your proof of payment - proof of deposit/EFT, bursary letter or credit card.)

OR

Contact our student service centre at 086 999 0001 where a consultant will gladly assist you by completing your registration application on your behalf.

Upon successful registration, a confirmation of registration letter will be sent together with your study material (where applicable).
All admission and registration information can be also viewed online on myMilpark .myMilpark .

Registration:

*International students: please refer to the registration requirements for international students by clicking here .

To register, ensure that you:

  1. have received your login details to access myMilparkmyMilpark.
  2. adhere to the registration closing dates as per the relevant course programme timetable.

(You will be required to upload your proof of payment proof of deposit/EFT, bursary letter or credit card.)

OR

Contact our student service centre at 086 999 0001 where a consultant will gladly assist you by completing your registration application on your behalf.

Upon successful registration, a confirmation of registration letter will be sent together with your study material (where applicable).
All admission and registration information can be also viewed online on myMilpark .myMilpark .

All international students need to apply via the manual admission route and submit original certified documentation.

If the entry requirements for your chosen Milpark qualification is a South African National Senior Certificate (NSC), you need to obtain an exemption certificate from the Higher Education South Africa (HESA). Visit www.hesa.org.za for further information.

If the entry requirement for your chosen Milpark qualification is a prior undergraduate qualification, you need to obtain an equivalent certificate for foreign qualifications completed. Visit www.saqa.co.za for further information.

  1. Students enrolling via distance learning:
    • do not need to comply with any visa or residency requirements.
    • will conclude admission and registration processes at a distance.
    • will receive study materials via courier in their country of residence.
    • will receive support via distance methods.

    Note: Students are liable for additional costs in respect of courier and examinations.
    Please contact the student service centre 086 999 0001 for further information.

  2. Distance learning students who want to visit South Africa to attend a single short workshop or write an examination at a local venue, have to do so based on the normal visa/visiting requirements as stipulated by the Department of International Affairs (or Home Affairs).

    Note: Such a visit does not imply permission to remain in South Africa indefinitely based on registration at Milpark Education.

  3. Distance learning students are not allowed to provide a South African residential or postal address. Such registrations will not be concluded as the normal visa/study permit requirements have to be complied with as for contact/residential students below.

Contact learning

International students who do not have permanent residence in South Africa or who are not South African citizens need to follow the steps below:

Step 1

Consult their embassy/ Department of International Relations/ South African Embassy for specific prerequisites with regards to the legal requirements for registration with a South African academic institution.

Step 2

Obtain:

  • An official provisional admission letter from Milpark.
  • Proof of medical cover. The relevant South African law states:

"In terms of the Immigration Act No. 13 of 2002 as Amended and its Regulations, any prospective student to the Republic of South Africa, must provide proof of medical cover with a medical scheme registered in terms of the Medical Schemes Act, 1998 Act 131 of 1998."

  • Proof of sufficient funds to cover tuition fees, maintenance and incidental costs.
  • Proof of a cash deposit or bank guarantee equivalent to airfare or transportation costs to the student’s country of origin for repatriation purposes or forfeiture to the state should permit conditions not be complied with.
  • A medical certificate — a clean bill of health is required.

Step 3

Apply for a study permit by submitting Form 1 to the local Department of International Relations/South African Embassy.
The student will need to provide the embassy with an undertaking that they will leave South Africa on completion of her/his studies.

NB: Students should await the outcome of their application prior to making travel arrangements to South Africa.

Step 4

If a student is able to obtain a study permit on time, then they may continue with their application for full admission and registration for their selected modules.

NB: A certified copy of the International student’s passport together with a certified copy of a valid study permit must/will be kept in the student’s record file at Milpark Education. If a student is unable to obtain a study permit on time, then they must postpone their programme until the date on which they are in possession of a study permit.

 

International Admission Application Click Here