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Mona School of Business MBA programme gets 5-year accreditation

Friday, October 13, 2017

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THE Mona School of Business and Management's (MSBM) Master of Business Administration programme has been re-accredited by the Association of MBAs (AMBA) for a period of five years.

The MSBM, in a release on the development, noted that the five-year period of accreditation is the longest offered by the AMBA.

The MSBM programme was first accredited in June 2011 for a three-year period, and re-accredited in June 2014 for a further three years.

The achievement of a five-year period of accreditation is therefore a testament to the school's continuing commitment to quality and excellence, as the AMBA is internationally recognised as the global standard for all MBA, MBM and DBA, MSBM pointed out in the release.

MSBM is a key plank of The University of the West Indies (UWI) Mona's value proposition to its constituents in Jamaica and the region. Specifically, its mandate is to be the arm of The UWI that facilitates effective business education and practices in the private and public sectors in order to advance the economic development agenda of Jamaica and the region.

The Association of MBAs is the impartial authority on postgraduate management education and is committed to raising its profile and quality standards internationally for the benefit of business schools, students and alumni, and employers. AMBA established that vision in 1967 and it's as relevant today as it was almost 50 years ago.

MSBM is one of two institutions in the Caribbean to have received AMBA accreditation for MBA programmes, an achievement particularly notable as AMBA, the only global MBA-specific accreditation and membership organisation, accredits the leading two percent of the world's business schools with MBA programmes, the release said.

The accreditation review team commended the school for its performance and position in a number of areas including: the thrust towards becoming a more research-centred institution, with special mention of the school's publication the MSBM Business Review, which showcases the faculty's applied research; the creation of tangible connections between the theory and the practical aspects of business through its 'Reasoning Series with CEOs' and the 'Public Advocacy Series'.

The 'Executives in Residence initiative', which is a collaboration between MSBM and select business executives who serve as liaisons with the business community, was also commended as an ideal medium to offer professional and practical mentorship to students, the release continued.

In addition to building and maintaining an excellent relationship with members of the private sector, the MSBM was congratulated on the high level of satisfaction employers expressed with the level of education received by MBA graduates of the institution.

Commenting on the development, acting Executive Director of the MSBM Michael Williams said that the school's re-accreditation by AMBA, and particularly the extension of its duration to a five-year period, is a reflection of the hard work that has been undertaken since the last renewal, as well as the focus on quality assurance.

“As we continue our drive to become of one of the western hemisphere's leading business schools, we have explored several avenues through which to enhance the quality of education offered to our students, as well as to ensure that they leave MSBM equipped with the tools needed to make a positive contribution to nation building. I believe this achievement is a signal that we are headed in the right direction,” Williams said.

The curriculum for the MSBM MBA programme was revised in 2015 after international benchmarking and consultation with stakeholders, including employers and alumni.

The revised programme includes a compulsory ethics course and, the inclusion of business analytics as a core course and very significantly, a compulsory field project which involves students interacting with industry stakeholders to solve real business problems. This revised programme has been on offer since September 2016, the release said.

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