01 UC/13 MBM/1 UNIVERSITY OF CANTERBURY Te Whare Wānanga o Waitaha CUAP Proposal-New Qualification/Subject 2013 Section A Proposal Description Purpose of the proposal To introduce the Master of Business Management (MBM)degree and a new subject Business Management: This is an applied business master’s degree, focusing on the unique skills, knowledge and competencies expected by potential employers from university commerce graduates, while ensuring that they strive to challenge existing practice through higher level research in the areas of business and commerce. We also introduce a Postgraduate Diploma in Business as an exit qualification. Justification Currently the College of Business and Law offers four master’s degrees: Master of Business Administration (MBA), Master of Commerce (M.Com), Master of Laws (LLM) and Master of Laws in International Law and Politics (LLM (IntLaw&Pols)).1 The M.Com and LLM are research intensive degrees in that graduates will have completed more research at level 9 than is required by CUAP and NZQA. The MBA is a coursework intensive degree in that graduates will have completed at least the minimum amount of research at level 9 that is required by CUAP and NZQA. The M.Com and LLM are specialist degrees, while the MBA is a generalist degree. Thus, each is targeted at different markets. There are, however, gaps in the College’s postgraduate offerings as there is no conversion or generalist master’s degrees for graduates with no or limited work experience. Note that the MBA is a post-experience master’s degree as entry is only open to candidates with 5 years or more of relevant managerial experience. There is growing demand for work ready graduates that has led New Zealand and international universities to introduce more conversion and generalist master’s degrees. These programmes equip graduates with general knowledge and skills applicable to commerce, which can then be applied in graduate positions across a wide range of industries. From New Zealand universities, examples of such programmes include: Master of Professional Business Studies (AUT) o http://www.aut.ac.nz/study-at-aut/study-areas/business/qualifications/postgraduate/master-ofprofessional-business-studies Master of Business Management (University of Waikato) o http://cms.mngt.waikato.ac.nz/departments/execed/MBM/Introduction.aspx Master of Information Management (Victoria University) o http://www.victoria.ac.nz/sim/study/postgraduate/mim/overview Master of Management (University of Auckland) o http://www.auckland.ac.nz/uoa/master-of-management-2 Master of Entrepreneurship (Otago University) o http://www.otago.ac.nz/courses/qualifications/mentr.html Master of Professional Management (University of Waikato) o Proposed to be offered in 2014 This proposal proposes a programme that will cater for the demand from both students and employers for a generalist master’s degree that helps prepare graduates for work. Generalist and conversion master’s programmes align with the University of Canterbury’s Strategic Plan in respect to the following goals: Growth of student numbers; development of highly sought after graduates; and operating as an internationally recognised provider of postgraduate qualifications. 1 The remainder of this proposal will refer to both the LLM and LLM (IntLaw&Pols) as the LLM. 1 01 UC/13 MBM/1 The local business community has indicated that commerce specific skills are critical across most fields of employment. The introduction of a generalist master’s degree will facilitate the achievement of such skills and help University of Canterbury’s graduates meet this demand in the market irrespective of their undergraduate discipline. Accordingly, the programme will invigorate the recruitment opportunities for undergraduate degrees in the other Colleges at the University of Canterbury without cannibalising existing offerings in commerce, potentially boosting EFTS’s in noncommerce fields. The programme’s flexibility and generalist structure means that there is the opportunity to incorporate other disciplines that have been recognised as vital to the College and the University of Canterbury as a whole. Specifically, the programme will include Maori and Pasifika content. All students in the MBM programme are required to take the Business Law course which addresses treaty issues in business and society. Thus, the MBM’s courses draw on New Zealand’s rich cultural heritage in order to extend the cultural competence of students, particularly with respect to the New Zealand business environment. The programme will be taught by the College’s staff and professional qualified contractors from the local business community. The proposed courses are closely aligned with the teaching and research expertise of the College’s staff. By teaching into the programme and supervising students’ research projects and internships, the College’s staff will have the opportunity to disseminate their research and further their research agendas. Professional qualified contracts will also teach part of the programme. This will enable the University, particularly MBM students, to connect with the local business community. Acceptability The College Advisory Board, Faculty and CUAP have previously accepted the credibility of a taught master’s programme at the University of Canterbury (e.g. 240 points Master of Business Management – discontinued 2013). Additionally, local business leaders have voiced support for a taught master’s programme that is condensed. The University of Canterbury’s Vice-Chancellor has also voiced support for offering programmes that enable graduates to be work-ready, and the introduction of a 180 points professional master’s degree in business. Therefore, the introduction of a 180 points professional master’s degree is an improvement over the previous offering. Consultation with a number of external stakeholders has provided evidence that graduates of the proposed programme will be well received in the market. The growing demand for work ready graduates that possess generalist management skills is supported by local business leaders and is believed to be critical to the future redevelopment of Canterbury. The feedback has also been sought on this proposal and all courses from: Academic Managers and Deans of other Faculties and the Dean of Postgraduate Research UC Library UCSA New Zealand Business School Deans Feedback received to date is available on request. Overall feedback has been positive on this proposal. There was some discussion amongst Faculty on whether a course on business, environment and society should have been included as a compulsory course in the programme. Although many of these issues are being dealt with in the other courses in the programme, this may be a refinement of the curriculum in the future. Goals of the programme The aim of the programme is to provide students from non-commerce backgrounds with the skills, knowledge and competencies to engage and actively participate in business and commerce at the postgraduate level. The main goal of the MBM programme is equip students with generalist knowledge and skills in business management, which will enable them to understand the connections between the various disciplines in commerce and apply this knowledge to practice. Graduates will be able to provide academically sound and practically relevant solutions to a range of issues that organisations face. Further, graduates will develop advanced analytical, problem-solving and critical thinking skills that will enable them to challenge existing practice and position themselves as the future leaders in business. Graduate profile 2 01 UC/13 MBM/1 The MBM programme is designed to prepare students for entry level commercial roles within the public and private sector. The objective of the programme is to advance the competencies and skills that students have gained in their undergraduate studies, as well as to develop students’ business knowledge. Accordingly, graduates with non-commerce bachelor’s degrees can enter the programme, provided that their grades are sufficient. The courses offered in the MBM programme include core business subjects, which industry stakeholders consider to be important for any business graduates at a postgraduate level. These courses will enable graduates to be work ready by incorporating into the assessment, for example, case study reviews, applied research projects and internships. Further, graduates will also have to complete a substantial research project (45 points). This provides a unique opportunity for students to engage with external stakeholders and apply the learning gained from the core courses and produce research that is professional and applied. Students will benefit from the strong relationships already established within the MBA Programme and gain access to business seminars, guest lectures and other external networking opportunities within the Canterbury region. This will allow them to gain a greater understanding of New Zealand’s commercial environment and present them with the opportunity to develop their personal and professional networks. These considerations have been incorporated into the MBM Graduate Profile, which is as follows. An MBM graduate will be able to: Demonstrate in-depth knowledge and understanding of current theoretical concepts, frameworks and industry practice within the fields of business and management. Think logically, analytically and critically with respect to the academic and professional literature within the field of business and management. Plan and carry out independent research that demonstrates critical awareness of academic and professional issues in the fields of business and management. Synthesise academic and professional literature and effectively communicate this information and research findings, both orally and in written form, to a range of audiences. Outcome statement The MBM provides the skills and competencies that will allow graduates to gain employment within the private and public sector in relevant business positions. The research project or the internship will provide graduates with an opportunity to utilise the knowledge gained within the programme and apply it to a real work problems and situations. This will present them with an opportunity to prove their skill in business management and to interact with external stakeholders in a professional manner and a range of industries. Graduates will gain the confidence to challenge existing commercial practice and participate in the development of new and innovative business strategies. Programme overview The programme will be offered over a 12 to 15 month period, using a four to five semester model (similar to the proposed MPA programme). The courses required for the MBM will be divided into three stages. These are as follow: 1. Core Knowledge (120 points at level 8) a. Managerial Accounting b. Managerial Finance c. Marketing d. Business Research Methods e. Business Economics f. Leadership g. Managing people and performance h. Business Law 2. Advanced Professional Knowledge (15 points at level 8 consisting of any one the following) 3 01 UC/13 MBM/1 a. Business development and entrepreneurship b. Business Strategy 15 points from another relevant subject at level 8 or higher, subject to approval by the Director of Postgraduate Management Development Programme and the relevant Dean. 3. Applied Research OR Internship (45 points at level 9) a. Research Project b. Internship The core knowledge courses will provide the basis from which advanced learning can be undertaken in the research project or internship. To align with the College’s strategic direction particular attention will be given to learning outcomes that external stakeholders consider to be relevant to commerce postgraduates. The advanced professional knowledge courses will develop a number of advance learning outcomes with particular emphasis on the strategic needs of organisations as well as the personal and interpersonal competencies needed to develop sustainable enterprises. The Applied Research Project or Internship will provide the opportunity for students to apply their knowledge to practice, allowing them to again confidence in dealing with business professionals, as well as engaging in a deeper level of learning through application of critical thinking and problem solving skills. For students to progress to the Applied Research Project or Internship stage of the MBM programme, they will have to pass all the Core Knowledge courses. This will also allow students to apply for Internships or start their Research Projects before the completion of all of the courses offered within the MBM programme. It is estimated that most students will want to enrol into the Research Project or Internship in the third term. This will allow sufficient time to undertake a Research Project or Internship. Internship An Internship will be offered to students who meet the following requirements: A grade point average of A- or greater in the core courses and then present to a panel of business professionals, followed by a formal interview process. The Internship will consist of up to 200 hours of work within an organisation followed by a report on their experience. The report will include an analysis the organisation and high level recommendations on areas for improvement. Note that a similar report is required in the Executive Insight Programme currently run by the NZICA in conjunction with the University of Canterbury and Lincoln University. Proposed teaching/delivery methods The delivery methods for the Core Knowledge and Advanced Professional Knowledge courses will be a combination of lectures and group work (e.g. analysis of a case study). The lectures will be scheduled for delivery Monday to Thursday, 8.00am to 5.00pm within each of the four/five terms. Each term will consist of 10 weeks of 3 hour lectures. Students will be required to undertake a minimum of 120 hours of self-study outside lecture times, including, research and review of academic journal articles and professional/practitioner journal articles, project work, case study analysis, and field specific textbooks. Assessment procedures Assessment procedures will include a combination of: Individual tests and exams (invigilated and take-home) Group and individual projects Group and individual presentations Literature reviews Each course co-ordinator will be responsible for the choice of assessment. The programme director will review teaching methods and assessment procedures to ensure that it is consistent with best practice in tertiary education and that learning objectives are met. The Faculty will develop an Assurance of Learning Programme for this qualification that will identify and measure the learning objects specified for the programme. The MBM’s teaching staff will be the examiners for the project and internship. 4 01 UC/13 MBM/1 Predicted student numbers/EFTS Market research would suggest that a one year taught professional Master in Business Management is likely to attract students, predominantly from non-commerce undergraduate programmes, such as those found in Acts, Science, Education and Maori Studies. Recent surveys of the 2011 and 2012 graduates from the previous MBM programme have indicated that the proposed programme has greater appeal than the previous MBM programme because of its condensed nature, community engagement and the internship opportunity. Several of these graduates indicated that a greater level of active marketing and direct engagement with the target market will have a significant impact on student enrolments and programme reputation. Discussions with several undergraduate students at the University of Canterbury revealed interest in a condensed business master’s degree. Further, a recent discussion with the Maori Advisor in the Maori Department provided strong indication that there are a number of students interested in this type of programme and that scholarship funding may also be available from local and national iwi. A recent meeting with the Senior International Recruitment Coordinator in the International Relationships Office also provided further evidence that a 12 to 15 month taught professional master’s degree would have significant international appeal. A conservative estimate of EFTs for the MBM Programme is presented below: New EFTS to the University Domestic International TOTAL 2014 12 1 13 2015 12 5 17 2016 15 5 20 2017 20 5 25 The estimated EFTs for 2014 is based on past MBM intakes. The estimated EFTS for 2015, 2016 and 2017 are based on a conservative growth trend, taking into account an international marketing campaign. The application of the General Decision Making Framework for new courses identified that the break-even student numbers (without full contribution margin) is 13 EFTS, and 17 with full contribution margin2. The optimal number of students before additional resources are required (both teaching and teaching space) is estimated at 35, and therefore initially the maximum number of enrolments will be limited to 35 in order to not exceed these resource limitations. Given the wide appeal to non-commerce students, the nature of the programme, and the considerable internal and external expressions of support received, it is anticipated that break-even will be achieved in the first offering and the estimated maximum intake will be achieved by year 5. Resources The programme will require the following resources: Lecture room capable of seating up to 35 students (fully audio visual equipment – use current MBA lecture room) Study space for students (shared facility with adequate desk space and common area) Additional administration staff (0.50 FTE) Programme management (0.2 FTE) Lecture staff (combination of current Faculty and external professional contractors) Supervisory staff for the Research Project and Internships (current Faculty will be used, however if this resource is exceeded then contractors with suitable academic backgrounds will be used) IT equipment (computers and shared printer) Some tutorial assistance Internship sponsors from the local community 2 These figures are based on domestic enrolments only. 5 01 UC/13 MBM/1 Library –The University of Canterbury Head Librarian has confirmed that the current library resources will meet the needs of the proposed programme. Therefore no additional resources are required. Plans for monitoring programme quality A separate curriculum committee will be established that will review the content of the programme on a regular basis. Pre and post course meetings will be held with all teaching staff and chaired by the Director of Postgraduate Management Programmes. The programme will have developed learning outcomes as required for AACSB accreditation and monitor the performance of the offerings in line with the external stakeholder requirements. Lecturer and course student evaluations will be mandatory for all courses and administered through the Centre for Evaluation and Monitoring at the University of Canterbury. Proposed new regulations and prescriptions (use the Calendar Form at the end of Section A) Confirmation that Section B has been prepared and is available to CUAP on request: Yes For New Qualifications – TEC/NZQA/NZVCC Requirements EFTS value of qualification: 1.5 NZSCED code: 080101 NZQA exit level of qualification to go on the New Zealand Qualifications Framework: Level Nine Statement regarding funding: This degree meets the requirements to be funded at the postgraduate level Memorandum of understanding: Not Applicable Duration of the Qualification Minimum number of points to complete the qualification The minimum number of points required to complete a MBM is 180 points. Vacation/recess weeks Vacation/recess weeks for 2014 are following: 12 April 2014 to 27 April 2014 5 July 2014 to 20 July 2014 27 Sept to 12 Oct 2014 20 Dec 2014 to 2 Feb 2015* *Subject to the completion of the project Work experience/placement hours per week The Internship will require a minimum of 200 contact hours. The research project will require a minimum of 40 contact hours with the sponsor company. However this may vary depending on the organisation and the project undertaken. Tuition/teaching (full-time equivalent) weeks (including exam and study weeks) The programme will commence on the first week of February and finish in November. However, research projects will be due for submission no later than 31 January the following year. A two week term break will exist between Semesters 1, 2 and 3. The proposed timetable for 2014/2015 will be as follows: Term one Term two Term three Term four Term five - Feb 3 to April 11 - April 28 to July 4 - July 21 to Sept 26 - October 13 to Dec 15 - Feb 3 2015 to April 11 2015* 6 01 UC/13 MBM/1 *This may apply to domestic student who do not complete the project over the December, January period after term four. Teaching hours per week Each course will have a minimum of 3 teaching hours per week. Self-directed learning hours per week For the Core and Advanced Knowledge courses students will be expected to undertake a minimum of 12 hours per week, including literature reviews, text and journal readings, study, exam preparation, project work and presentation preparation. The level of additional time spent will be dependent on the skills and competencies of each student and their level of general understanding in the field of study. Calendar Form New Qualification Regulations UC Calendar 2013 Page 89 Under: Commerce Graduate and Postgraduate Qualifications Time Limit Schedule Add: Full-time Min (mths) Max (mths) MBM 12 15 Part-time Min (mths) 24 Max (mths) 48 UC Calendar 2013 Page 98 The Degree of Master of Business Management (MBM) See also General Course and Examination Regulations 1. Qualifications Required to Enrol in the Degree Every candidate for the Master of Business Management, before enrolling in the course of study for this degree shall have: (a) qualified for a New Zealand university degree with at least a B grade average in 300 level courses, or equivalent, or been admitted ad eundem statum as the holder of such a degree, and (b) been approved as a candidate for the degree by the Dean of Commerce. Applicants must demonstrate a high proficiency in English. Applicants who speak English as a second language will be required to produce evidence that their ability to communicate in English is of an adequate standard. This may include TOEFL, or other tests, interview, or comprehension tests in order to ensure that an applicant will be able to communicate and participate fully in the course. Note: A paper-based TOEFL score of at least 600 and TWE 5, or computer-based score of at least 100 with no section lower than 23, or an IELTS score of at least 7 (with no section less than 6.5) is required of applicants who speak English as a second language. 2. Degree Requirements To qualify for the degree a candidate must: (a) pass courses totalling 1.000 EFTS that are listed in Group A of the schedule to the degree; and (b) pass courses totalling 0.1250 EFTS that are listed in Group B of the schedule to the degree; and (c) pass courses totalling 0.375 EFTS that are listed in Group C of the schedule to the degree. 3. Structure of the Degree The degree consists of: (a) 1.000 EFTS (or 120 points) of courses listed in Group A of the schedule to the degree; and 7 01 UC/13 MBM/1 (b) 0.125 EFTS (or 15 points) of courses listed in Group B of the schedule to the degree; and (c) 0.375 EFTS (or 45 points) of courses listed in Group C of the schedule to the degree. 4. Credit Based Upon Previous Studies A candidate, on the basis of previous studies, may be exempt from courses in the Schedule to the Regulations for the Degree of Master of Business Management and will replace these courses with other appropriate postgraduate courses as approved by the Director of Postgraduate Management Development. 5. Repeating of Courses A candidate is permitted to repeat a maximum of two courses. No group C course can be repeated. 6. Approval of Course of Study The personal course of study of a candidate shall be approved by the Dean. The structure of the MBM programme is closely prescribed. A candidate may, with the approval of the Dean, replace up to 0.125 EFTS (or 15 points) in courses from Group B of the schedule to the degree with courses prescribed for another subject at an equivalent level. 7. Time Limits A candidate shall complete the programme of study in accordance with the time limits set out in the Commerce Graduate and Postgraduate Qualifications Time Limit Schedule starting from the date of first enrolment for the Master of Business Management. 8. MBM with Distinction The degree may be awarded with Distinction. 9. Award of PGDipBus instead of MBM A candidate for the degree who has satisfied all requirements for the Postgraduate Diploma in Business may apply to withdraw from the degree and be awarded the diploma. Schedule to the Regulations for the Degree of Master of Business Management Group A Course Code Course Title EFTS 14 P/C/R/RP/EQ MBAZ 601 Managerial Accounting 0.125 X1 P: Subject to the approval of the Director of Postgraduate Management Development R: MBUS611, MBAD601 MBAZ602 Business Economics 0.125 X1 P: Subject to the approval of the Director of Postgraduate Management Development R: MBAD604, MBUS614 MBAZ603 Managerial Finance 0.125 X2 P: Subject to the approval of the Director of Postgraduate Management Development R: MBUS621, MBAD611 MBAZ604 Business Research Methods 0.125 X2 P: Subject to the approval of the Director of Postgraduate Management Development R: MBUS642, MBAD679 MBAZ605 Business Law 0.125 X4 P: Subject to the approval of the Director of Postgraduate Management Development R: MBAD658, MBUS634 MBUS601 Marketing 0.125 X1/2 P: Subject to the approval of the Director of Postgraduate 8 01 UC/13 MBM/1 MBUS602 Leadership 0.125 X4 MBUS603 Managing People and Performance 0.125 X4 Group B Course Code MBUS650 Course Title Business Strategy EFTS 14 0.125 X3 MBUS651 Business Development and Entrepreneurship 0.125 X3 Group C Course Code MBAZ680 Course Title Research Project EFTS 14 0.375 A MBAZ681 Internship 0.375 A Management Development R: MBUS623, MBAD606 P: Subject to the approval of the Director of Postgraduate Management Development R: MBUS613, MBAD615, MBAD642 P: Subject to the approval of the Director of Postgraduate Management Development R: MBUS625, MBUS615, MBAD605 P/C/R/RP/EQ P: Subject to the approval of the Director of Postgraduate Management Development R: MBUS624, MBAD631,MBAD632 P: Subject to the approval of the Director of Postgraduate Management Development R: MBUS635, MBAD654 P/C/R/RP/EQ P: Subject to the approval of the Director of Postgraduate Management Development P: Subject to the approval of the Director of Postgraduate Management Development UC Calendar 2013 Page 495 Business Management Master in Business Management Programme MBAZ 601 Managerial Accounting 15 points 0.125 EFTS The generation, analysis and interpretation of financial statements as well as the use of financial information for internal and external decision-making. P: Subject to the approval of the Director of Postgraduate Management Development R: MBUS611, MBAD601 MBUS601-14X Special MBM/MPA fee also applies. MBAZ 602 Business Economics 15 points 0.125 EFTS Principles and theories of microeconomics and macroeconomics are surveyed. The application of these principles and theories to how people and economies behave is considered. P: Subject to the approval of the Director of Postgraduate Management Development R: MBAD604, MBUS614 MBUS605-14X Special MBM/MPA fee also applies. MBAZ 603 Managerial Finance 15 points 0.125 EFTS 9 01 UC/13 MBM/1 The application of financial techniques, tools and principles needed to assess the performance of projects and organisations and consider the economic viability of their ongoing success. A consideration of financial risk management and the process required to minimize such risks in different organisational settings. P: Subject to the approval of the Director of Postgraduate Management Development R: MBUS621, MBAD611 MBUS602-14X Special MBM/MPA fee also applies. MBAZ 604 Business Research Methods 15 points 0.125 EFTS Business research methods including statistical and qualitative approaches are introduced. Students will develop the knowledge and skills required to undertake academic and professional research in the field of business. P: Subject to the approval of the Director of Postgraduate Management Development R: MBUS642, MBAD679 MBUS604-14X Special MBM/MPA fee also applies. MBAZ 605 Business Law 15 points 0.125 EFTS Covering business law structures and regulations this course provides students with the insight, understanding and practical skills to develop strategic direction and solve business problems while effectively adhering to legal requirements. P: Subject to the approval of the Director of Postgraduate Management Development R: MBAD658, MBUS634 MBUS606-14X Special MBM/MPA fee also applies. MBUS 601 Marketing 15 points 0.125 EFTS Consideration of marketing theory and practice. Students will gain an advanced understanding of how marketing plans are developed and implemented. P: Subject to the approval of the Director of Postgraduate Management Development R: MBUS623, MBAD606 MBUS603-14X Special MBM fee also applies. MBUS 602 Leadership 15 points 0.125 EFTS To provide an in-depth understanding of leadership theories and their application to practice. P: Subject to the approval of the Director of Postgraduate Management Development R: MBUS613, MBAD615, MBAD642 MBUS607-14X Special MBM fee also applies. MBUS 603 Managing People and Performance 15 points 0.125 EFTS To provide an in-depth understanding of managing people and performance that is academically sound and professionally relevant. P: Subject to the approval of the Director of Postgraduate Management Development R: MBUS625, MBUS615, MBAD605 MBUS608-14X Special MBM fee also applies. MBUS 650 Business Strategy 15 points 0.125 EFTS A critical analysis of how organisations formulate, implement and change business strategy. Explores the principles and practices of strategic management. P: Subject to the approval of the Director of Postgraduate Management Development R: MBUS624, MBAD631,MBAD632 MBUS654-14X 10 01 UC/13 MBM/1 Special MBM fee also applies. MBUS 651 Business Development and Entrepreneurship 15 points 0.125 EFTS A study of contemporary theory and practice in business development and entrepreneurship. P: Subject to the approval of the Director of Postgraduate Management Development R: MBUS635, MBAD654 MBUS651-14X Special MBM fee also applies. MBAZ 680 Research Project 45 points 0.375 EFTS Provide advanced analytical, theoretical and practically applied business insight and competencies in the areas relevant to the learning objective of the programme. P: Subject to the approval of the Director of Postgraduate Management Development Special MBM/MPA fee also applies. MBAZ 681 Internship 45 points 0.375 EFTS Exposure to challenges faced by organisation through experiential learning. This will reinforce and develop knowledge from other MBM or MPA courses by providing students with the opportunity to apply theories to practice. It will also further develop students’ communication skills. To be considered for an internship a student must achieve a grade point average of A- or greater in the core MBM or MPA courses, present to a panel of business professionals and be selected after a formal interview process. P: Subject to the approval of the Director of Postgraduate Management Development MBUS681-14X Special MBM/MPA fee also applies. UC Calendar 2013 Page 23, Admission Regulations Under “Faculty of Commerce” Add Qualification MBM Requirement Special Application to the programme Apply to Enrol by Limit 35 UC Calendar 2013 page 8, Academic Awards Regulations Add: Master of Business Management Page 10 Add: Under Subjects of the Faculties- Faculty of Commerce Business Management. Page 12 Add: under Awards of the Faculty of Commerce- MBM POSTGRADUATE DIPLOMA IN BUSINESS Calendar Form New Qualification Regulations UC Calendar 2013 Page 89 Under: Commerce Graduate and Postgraduate Qualifications Time Limit Schedule Add: Full-time Min (mths) Max (mths) PGDipBus 9 18 11 Part-time Min (mths) 24 Max (mths) 48 01 UC/13 MBM/1 UC Calendar 2013 Page 98 The Postgraduate Diploma of Business (PGDipBus) See also General Course and Examination Regulations 1. Qualifications Required to Enrol in the Degree Every candidate for the Postgraduate Diploma of Business, before enrolling in the course of study for this degree shall have: (c) qualified for a New Zealand university degree with at least a B grade average in 300 level courses, or equivalent, or been admitted ad eundem statum as the holder of such a degree, and (d) been approved as a candidate for the degree by the Dean of Commerce. Applicants must demonstrate a high proficiency in English. Applicants who speak English as a second language will be required to produce evidence that their ability to communicate in English is of an adequate standard. This may include TOEFL, or other tests, interview, or comprehension tests in order to ensure that an applicant will be able to communicate and participate fully in the course. Note: A paper-based TOEFL score of at least 600 and TWE 5, or computer-based score of at least 100 with no section lower than 23, or an IELTS score of at least 7 (with no section less than 6.5) is required of applicants who speak English as a second language. 2. Diploma Requirements To qualify for the degree a candidate must have passed courses totalling 1.000 EFTS (120 points) that are listed in either Group A of the schedule to the Master of Business Management degree or Group A of the schedule to the Master of Professional Accounting. 3. Credit Based Upon Previous Studies A candidate, on the basis of previous studies, may be exempt from courses specified in regulation 2 and will replace these courses with other appropriate postgraduate courses as approved by the Director of Postgraduate Management Development. 4. Repeating of Courses A candidate is permitted to repeat a maximum of two courses. 5. Approval of Course of Study The personal course of study of a candidate shall be approved by the Dean. 6. Time Limits A candidate shall complete the programme of study in accordance with the time limits set out in the Commerce Graduate and Postgraduate Qualifications Time Limit Schedule starting from the date of first enrolment for the Master of Business Management. 12