Universityof Strathclyde Business School PIONEER Winter 2012 DID THE GAMES LEAVE THE UK A LEGACY OF VOLUNTEERING? EVER WIDER: The School continues BUILDING BRIDGES: Centre for Corporate to develop fields of research Connections ensures our workplace focus news CONTENTS Iberdrola students head winter 2012 for our MBA programme wElcome Professor Susan HArt, nergy experts from Dean, StrAtHclyDe BuSiNess School E around the world will be coming to Strathclyde as part of a bespoke international MBA programme. The MBA in Global Energy will be run jointly by f there's one thing programmes, international the Strathclyde Business happy with their experience ScottishPower, its parent company I that characterises research ventures and a Fellow Network, a group here but we will try to improve Iberdrola, Strathclyde University Strathclyde widely increased range of of dynamic business people further in the future. and Madrid's Comillas Pontifical Business School, it is its international opportunities from local, national and Our students continue to University ICADE Business School. dynamism; there is a for students. international businesses, excel in their pursuits: once The course will see Iberdrola 12 constant stream of change Reflecting our who influence the whole again Strathclyde was the top employees from more than 40 countries and improvement, new enterprising, engaging and SBS community: students, recruiting university for the studying technical and commercial 06 RESEARCH UPDATE ideas and initiatives, as well international values, we staff and alumni. The prestigious Saltire Internships. aspects of worldwide energy markets in Four pages of news about SBS’s as review and reflection have begun a partnership fellows are working Seventeen undergraduates Scotland and Spain. highly regarded research of our ways of working with energy company closely with students, with have been offered internships SBS Dean Professor Susan Hart to better the learning Iberdrola to provide an researchers, on new joint from the Saltire Foundation says: “The University of Strathclyde has 09 experience of ourselves, our MBA programme for initiatives, all aimed at that targets Scotland’s most a clear focus on building partnerships students and our partners. their employees. The ensuring our collective talented college students with business and industry, to create In recent months we have development of the experiences are in tune with and provides them with educational experiences for executives refocused our energies on Iberdrola MBA in Global the issues of the day, as paid internships in stellar that are challenging, rigorous and useful. involve staff from Spain, Mexico, Brazil L-R: George Burt what we believe are our Energy is representative of seen from perspectives of international businesses. This At the business school, our partnership and the USA, providing them with a (SBS), Alfredo core values: being engaged the way SBS interacts with competitive sustainability is one of the ways our students executive education programmes are global perspective of successful strategies Arahuetes (Dean, 10/11 MAIN FEATURE with industry, commerce industry internationally and and social impact alike. gain valuable, practical tailored to the needs of for the energy industry. ICADE Business ThiS Did the Olympics and Paralympics and policy makers; having develops executive education There is no doubt, experience with leading specific sectors and the “Strathclyde Business School), Elaine inspire a new generation of volunteers? Bespoke Collinson (SBS), an international outlook in programmes in partnership however, that the single international companies. contemporary challenges MBA School is known for Robert Robinson our research and teaching, with the individual company biggest influence a Business Our Economics that businesses face, which will FurtHer innovation in leadership (director of ICADE 12/13 FOCUS whether here in Scotland so there is a direct influence School has, is on its students department has been distinguishes the way we StrengtHeN tHe and management Business Fellow Network enhances uNiverSity’S Business School) or around the world in our on the work and success - and to do so positively, we making great strides in develop and deliver value. education, and our aim and Sandy Wilson links between SBS and industry long-StandiNG international centres and of the organisation. need to monitor closely their sustainable energy research “This bespoke MBA relAtionshiP is to add value to our (SBS) partners; promoting an A further example of levels of satisfaction. The and this year Strathclyde will further strengthen the witH IberDrOlA.” partners’ achievements by enterprising approach to the industry engagement is the National Student Survey became one of the research University’s long-standing working with them on the development of our work, partners in a £3 million relationship with Iberdrola. This is a development of their talent, building our students and partners, it was an excelleNt reSult and i Europe-wide project on low truly international partnership that will reflective and agile teams.” and, through these values, am DelighteD so many Are happy carbon energy, which follows seeking to have a positive witH tHeir exPerieNce Here.” on from other successes in influence on business and this area. Strathclyde has also School stays among the frontrunners society alike. programme of executive results were announced in been leading an EU-funded, in the second annual Financial times times university Guide 2013 rates the Every new undertaking education with Standard the autumn and we were €8 million research project, ranking of pre-experience Masters in department second in the uK. the complete of the business school needs Life - an enterprising delighted to see that 95% FutureSME. Researchers Finance programmes, Strathclyde retained university Guide for 2013 ranked the to match up to these values development that aims to of our undergraduate have been engaging with its rank as the top MSc for Finance in Accounting and Finance department fourth – and recent developments help the emerging leaders students said they were manufacturing businesses Scotland. Only the top 35 programmes in the uK and, again, first in Scotland. resonate fully with them. For keep abreast of rigorous 'overall satisfied' with their across Europe to find from across the globe made the ranking, the economist 2012 ranking placed our 18 example, we have entered industry changes. courses across the business sustainable business models which was completed based on survey MBA programme 54th in the world. this into a partnership with But engagement isn't school. The survey looked they can use to compete responses from MSc Finance graduates makes the Strathclyde MBA eighth in the 18/19 Profiles SKEMA, an international just one way – from us in at teaching, assessment, and grow. from 2008/09. uK and 16th in europe. Motorsport inspires and innovative business SBS out to the business academic support, You can find out more the Good university Guide 2013, the Financial times Masters in entrepreneurial spirit school with five campuses community – we also management, resources and about these research stories, produced by the times, ranked Accounting Management ranking placed our MBM in Europe, America, have important influences personal development as and developments across & Finance second in the uK – the programme 36th in the world, which puts 20 FOCUS Asia and Africa. This on us that we welcome well as overall satisfaction. It Strathclyde Business School department has consistently stayed in the us in the top five in the uK and second in Fraser of Allander studies the exciting new collaboration and encourage. To this was an excellent result and this year, in this latest issue top five year-on-year – while the Sunday the world for career progression. economics of windpower encompasses new study end, we also launched I am delighted so many are of Pioneer. 02 03 news focus news focus Msc New programmes highlight Quantitative SBS joins up with Standard Life to finance prepare company for new legislation a broad range of skills announced trathclyde Business School has formed a partnership with he MSc in European Financial of energy professionals. A 12-month taught S one of Scotland’s largest companies, Standard Life, to deliver T Management is an innovative master's degree, GEM combines academic a tailored business programme designed specifically for collaboration between SBS and one of rigour with exposure to industry and other supporting advisers in the transition of their business to RDR (Retail France's largest business schools, SKEMA (see experts, plus hands-on training in the Distribution Review) readiness. The year-long programme covers a partnership report on page 16). It will offer the management of energy-related issues and range of modules from marketing, finance and project management to best of both business schools with faculty drawn problems. It is aimed at producing high- strategy design and implementation. from each institution, and students able to take flying energy professionals. Participants will Effective from January 1, the RDR will impose new rules on advantage of both locations. gain a rigorous analytical training and in- financial advisers designed to improve service levels and transparency Among other things, the qualification depth real world knowledge of the global for customers. It’s one of the biggest overhauls of financial regulation will provide students with an understanding