Postgraduate Course

MSc Management

(Social Economy)

MSc Management

Overview

The details
Management (Social Economy)
October 2024
Full-time
1 year
Colchester Campus

Firms across the public, private, and third sectors are all considering how environmental, social and governance (ESG) principles should inform their business strategies. Employers across all industries are looking for innovative managers to take the lead on driving sustainability, equality and inclusion objectives to ensure their businesses are shaped for ethical growth and success.

MSc Management (Social Economy) will introduce you to the main theories and strategic perspectives associated with the ‘social economy', those organisations that promote values of sustainability, inclusivity, and equality as part of their core mission.

Most importantly, you will learn the concrete ways you can turn these theories into an empowering reality and you will have the opportunity to connect with real-life social organisations in the public, third, and community sectors.

On this course you will learn not just the theory of what a social economy means, what sustainability and fairness look like, but also how you could make these a reality within organisations you might run or work for.

MSc Management (Social Economy) is perfect if you do not have a first degree in business, or relevant work experience in management. In your first term, you will study a core portfolio of modules that give you a firm basis in management and organisational issues.

You will then move on to study specialist modules on social economy exploring issues such as:

  • commons ownership
  • cooperative management
  • mutual aid
  • and democratic decision-making

You may be an aspiring manager looking for the tools you need to implement values of sustainability, equality and local empowerment in practical ways across a range of trading markets. You may hope to work for a co-operative, a mutual, or a social enterprise and want to understand how you turn your principles into effective business strategy.

This pioneering pathway will provide you with the knowledge and skills to be a twenty-first-century global change-maker as a social economy leader.

At Essex Business School we champion responsible management and sustainable business. We want to change business for the better and empower our students to do this too. We're an internationally diverse community with students and staff joining us from across the globe offering the ideal context for studying social economy management.

MSc Management (Social Economy) is one of four unique Masters in management which allow you to pursue your specific career ambitions, the others are: MSc Management, MSc Management (International) and MSc Management (Marketing).

Why we're great.
  • Understand how to turn your ethical principles into effective business strategy.
  • Connect with real-life social organisations in the public, third, and community sectors to contextualise your learning.
  • This course is perfect if you do not have a first degree in business, or relevant work experience in management.

Our expert staff

Management and marketing research at Essex Business School is very diverse but can best be described as exploring business with a social conscience. For example, our research investigates workplace ethics, corporate social responsibility and the lived experience of work in the global economy.

One of the academics that you may meet during your course is Professor Peter Bloom , a Professor of Management at Essex Business School. His research critically explores the radical possibilities of technology for redefining and transforming contemporary work and society.

You may also hear from Dr Nicholas Beuret who is an expert on climate change, environmental politics, the transition to a low carbon economy, degrowth and the commons. He has a particular interest in the role of net zero as an organising principle for start-ups, and profiteering within the green transition economy.

The research activities of academics in our management and marketing group is supported by the Centre for Commons Organising, Values Equalities and Resilience (COVER). The Centre's research investigates how principles of cooperation, collaboration, and open knowledge sharing can foster more egalitarian, inclusive, and participative 21st-century economies, communities, technologies, and organisations.

Entry requirements

UK entry requirements

A 2:2 degree, or international equivalent, in any discipline.

You may also be considered with a lower class degree, where you have at least three year’s relevant work experience in a field such as: Management or Project Management (please provide your CV).

International & EU entry requirements

We accept a wide range of qualifications from applicants studying in the EU and other countries. Get in touch with any questions you may have about the qualifications we accept. Remember to tell us about the qualifications you have already completed or are currently taking.

Sorry, the entry requirements for the country that you have selected are not available here. Please select your country page where you'll find this information.

English language requirements


If English is not your first language, we require IELTS 6.5 overall with a minimum component score of 6.0 in writing and 5.5 in all other components.

If you do not meet our IELTS requirements then you may be able to complete a pre-sessional English pathway that enables you to start your course without retaking IELTS.

Additional Notes

The University uses academic selection criteria to determine an applicant’s ability to successfully complete a course at the University of Essex. Where appropriate, we may ask for specific information relating to previous modules studied or work experience.

Structure

Course structure

We offer a flexible course structure with a mixture of core/compulsory modules, and optional modules chosen from lists. Please be aware that we are planning changes to our first year to make it more relevant to your chosen course.

Our research-led teaching is continually evolving to address the latest challenges and breakthroughs in the field. The following modules are based on the current course structure and may change in response to new curriculum developments and innovation.

We understand that deciding where and what to study is a very important decision for you. We’ll make all reasonable efforts to provide you with the courses, services and facilities as described on our website. However, if we need to make material changes, for example due to significant disruption, or in response to COVID-19, we’ll let our applicants and students know as soon as possible.

Components and modules explained

Components

Components are the blocks of study that make up your course. A component may have a set module which you must study, or a number of modules from which you can choose.

Each component has a status and carries a certain number of credits towards your qualification.

Status What this means
Core
You must take the set module for this component and you must pass. No failure can be permitted.
Core with Options
You can choose which module to study from the available options for this component but you must pass. No failure can be permitted.
Compulsory
You must take the set module for this component. There may be limited opportunities to continue on the course/be eligible for the qualification if you fail.
Compulsory with Options
You can choose which module to study from the available options for this component. There may be limited opportunities to continue on the course/be eligible for the qualification if you fail.
Optional
You can choose which module to study from the available options for this component. There may be limited opportunities to continue on the course/be eligible for the qualification if you fail.

The modules that are available for you to choose for each component will depend on several factors, including which modules you have chosen for other components, which modules you have completed in previous years of your course, and which term the module is taught in.

Modules

Modules are the individual units of study for your course. Each module has its own set of learning outcomes and assessment criteria and also carries a certain number of credits.

In most cases you will study one module per component, but in some cases you may need to study more than one module. For example, a 30-credit component may comprise of either one 30-credit module, or two 15-credit modules, depending on the options available.

Modules may be taught at different times of the year and by a different department or school to the one your course is primarily based in. You can find this information from the module code. For example, the module code HR100-4-FY means:

HR 100  4  FY

The department or school the module will be taught by.

In this example, the module would be taught by the Department of History.

The module number. 

The UK academic level of the module.

A standard undergraduate course will comprise of level 4, 5 and 6 modules - increasing as you progress through the course.

A standard postgraduate taught course will comprise of level 7 modules.

A postgraduate research degree is a level 8 qualification.

The term the module will be taught in.

  • AU: Autumn term
  • SP: Spring term
  • SU: Summer term
  • FY: Full year 
  • AP: Autumn and Spring terms
  • PS: Spring and Summer terms
  • AS: Autumn and Summer terms

COMPONENT 01: CORE

Dissertation in Management
(60 CREDITS)

Your dissertation is the culmination of your course, where you apply knowledge gained to produce an extended independent piece of work. You generate an original idea, analyse literature and current knowledge and produce a coherent argument that shows your ability to relate theory to practice. Your dissertation/research project will help you develop vital skills for the workplace, as well as the ability to analyse real problems through an academic lens. You are assigned a supervisor for the duration of your project.

View Dissertation in Management on our Module Directory

COMPONENT 02: COMPULSORY

Management and Strategy
(20 CREDITS)

This module is designed to encourage students to reflect on a variety of issues relating to management and business strategy. It will introduce students to the basics of management such as dealing with teams, culture and organisational management structures. It will then introduce students to managing strategically, covering topics that involve the analysis of the external and internal environments of the business as well as avenues for implementation. Consequently, the module offers an insight into a range of current business issues, management dilemmas, ethical considerations, and general governance issues relating to the strategic direction of organisations. Overall, the module provides an introduction to management and strategy and a critical examination of its application in practice.

View Management and Strategy on our Module Directory

COMPONENT 03: COMPULSORY

Organisational Behaviour and Human Resource Management
(20 CREDITS)

This module is designed to encourage students to think and reflect upon the nature of managing people and organisations. In particular, it encourages students to consider the main topics of Organisational Behaviour and Human Resource Management. Throughout the sessions, the core issues affecting organisational behaviour and outcomes will be discussed and critically analysed. Therefore, it invites participants to consider the tensions emerging from competing views and perspectives. In so doing, the module challenges many of the taken-for-granted assumptions about people management, and provides tools to analyse organisations and to explore the realities of organisational life.

View Organisational Behaviour and Human Resource Management on our Module Directory

COMPONENT 04: COMPULSORY

Accounting and Finance for Managers
(20 CREDITS)

It is essential for any manager to be able to analyse the performance of companies and take financial decisions. This module will start by examining how publicly available information can aid in analysing the performance of companies, and critically evaluating the limitations of financial performance measures. This part of the module will cover the contents of the annual report, preparation of main financial statements and evaluating the financial performance of companies based on publicly available information. The second part of the module will critically examine a range of issues that relate to financial and managerial decision-making, including cost behaviour, capital investment decisions, cost volume profit analysis and budgeting.

View Accounting and Finance for Managers on our Module Directory

COMPONENT 05: COMPULSORY

Social Economy Management: Theories and Perspectives
(20 CREDITS)

COMPONENT 06: COMPULSORY

Social Economy Management: Putting the Social Economy Into Practice
(20 CREDITS)

COMPONENT 07: COMPULSORY

Research Methods in Management
(20 CREDITS)

This module introduces students to the methodology and methods of research in the field of Management. Students are acquainted with the nature of the philosophical assumptions that underpin the choice of research design, in particular case studies for data collection and analysis. The module explores a variety of quantitative and qualitative methods to illustrate the suitability of these methods for designing research projects. The ethical, practical and legal questions raised by research are explored. Practical aspects of the research process are examined including the skills required to evaluate published research, organise and undertake a research project within the body of relevant knowledge, and make practical and actionable recommendations.

View Research Methods in Management on our Module Directory

Teaching

  • Tailor the content of your course to more closely fit your interests and aspirations
  • Optional modules will enable you to gain in-depth specialisation and understanding across several banking and finance topics
  • Courses focus on practical applications and links with industry
  • Our postgraduate students can attend conferences and seminars on campus and beyond

Assessment

  • Regular assessment is by coursework, presentations, case studies, group work, tests and examinations

Dissertation

  • You will complete a 15,000 word dissertation.

Fees and funding

Home/UK fee

£14,300

International fee

£22,400

What's next

Open Days

We hold Open Days for all our applicants throughout the year. Our Colchester Campus events are a great way to find out more about studying at Essex, and give you the chance to:

  • tour our campus and accommodation
  • find out answers to your questions about our courses, student finance, graduate employability, student support and more
  • meet our students and staff

If the dates of our organised events aren’t suitable for you, feel free to get in touch by emailing tours@essex.ac.uk and we’ll arrange an individual campus tour for you.

2024 Open Days (Colchester Campus)

  • Wednesday, March 20, 2024

Applying

You can apply for this postgraduate course online. Before you apply, please check our information about necessary documents that we'll ask you to provide as part of your application.

We aim to respond to applications within two weeks. If we are able to offer you a place, you will be contacted via email.

For information on our deadline to apply for this course, please see our ‘how to apply' information.

A sunny day with banners flying on Colchester Campus Square 4.

Visit Colchester Campus

Set within 200 acres of award-winning parkland - Wivenhoe Park and located two miles from the historic city centre of Colchester – England's oldest recorded development. Our Colchester Campus is also easily reached from London and Stansted Airport in under one hour.


View from Square 2 outside the Rab Butler Building looking towards Square 3

Virtual tours

If you live too far away to come to Essex (or have a busy lifestyle), no problem. Our 360 degree virtual tour allows you to explore the Colchester Campus from the comfort of your home. Check out our accommodation options, facilities and social spaces.

At Essex we pride ourselves on being a welcoming and inclusive student community. We offer a wide range of support to individuals and groups of student members who may have specific requirements, interests or responsibilities.

Find out more

The University makes every effort to ensure that this information on its programme specification is accurate and up-to-date. Exceptionally it can be necessary to make changes, for example to courses, facilities or fees. Examples of such reasons might include, but are not limited to: strikes, other industrial action, staff illness, severe weather, fire, civil commotion, riot, invasion, terrorist attack or threat of terrorist attack (whether declared or not), natural disaster, restrictions imposed by government or public authorities, epidemic or pandemic disease, failure of public utilities or transport systems or the withdrawal/reduction of funding. Changes to courses may for example consist of variations to the content and method of delivery of programmes, courses and other services, to discontinue programmes, courses and other services and to merge or combine programmes or courses. The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications. The University would inform and engage with you if your course was to be discontinued, and would provide you with options, where appropriate, in line with our Compensation and Refund Policy.

The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.

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