A skillset of a management scientist

Dmitry opportunities

Being a master student implies huge responsibility, especially when studying in a TOP-8 university in the UK and TOP-1% worldwide. Is there value for money, what knowledge and experience do you get, and most importantly – how can you use those skills in a real life? Those are the questions to be answered in this post.

I study Management Science and Marketing Analytics, so everything that follows is based entirely on this programme. I am a foreigner, and for me English education was a completely new experience from the very beginning. The crucial thing is to understand that it is difficult to study for a master degree. Really, it is difficult. Although there were not too many modules – just 4 in Autumn and 6 in Spring – the amount of material to learn was impressive.
Most of the modules were assessed based on the three assignments – individual coursework, group coursework and exam. In order to perform well in all of them you will need to have good time management skills and be able to work under pressure with strict deadlines. It does not necessarily mean that you will have no spare time on friends or extracurricular activities – for instance, apart from studying I was a student rep, a teacher of Russian and a PG ambassador which did not prevent me from getting an average mark of 69 and (fingers crossed) a distinction diploma.
Plan your work thoroughly and get the courseworks done before the deadlines. Yes, it will be time consuming and sometimes exhausting – but make no doubt, the result is worth it.

At my programme I have learned 3 new languages. Well, programming languages – VBA, R, SAS. Being able to handle massive datasets, to provide quick summaries and to give data-proven recommendations is an essential skill of a good analyst. A lot of practice is required, isn’t it? This is what you can get in Lancaster – well-structured workshops assist you in getting started, whilst the difficulty of tasks keeps growing alongside your progress. Personally, I’ve spent hours on coding and massaging the data before I could provide more or less reliable result. If you want to achieve good outcomes practice is the key to your success. Fortunately, all the facilities on campus help students do their work well – there are postgraduate zones in Graduate college and in the library, 4-screen computer lab in LUMS, plenty of computer labs on campus, projectors to rehearse your presentations, etc. On top of that, teachers are easy-going and willing to provide support whenever needed. They have open-door policy, so you could simply drop in with a question or book an appointment in advance.

I’ve mentioned earlier that some of the modules include group work. This is a great chance to develop or enhance your teamwork and leadership skills. This interaction helps to develop communication skills as well – just imaging working in a multinational group where all people are from different countries having different backgrounds and cultures. This is so cool! That’s an opportunity to speak English and make new friends – eventually, people might be the most valuable asset you’ve acquired while studying in Lancaster.

Alright, let’s summarise the skillset you can develop while doing Management Science and Marketing Analytics programme (and maybe other programmes too) in Lancaster University.

  • time management
  • ability to work under pressure
  • project management
  • result orientation
  • multitasking
  • out-of-the-box thinking
  • computer knowledge (coding)
  • public speaking
  • communication skills
  • data analysis
  • statistical analysis
  • problem solving
  • teamwork skills
  • leadership skills

Enjoy your time in Lancaster University!

How to settle in Lancaster University – join clubs and societies

What makes you different than your peers? Do you want to gain additional experience in addition to your academics? Do you want to have fun?Sarada Dragon Boat

If you have answers to all the above three questions read further else, read the article anyway! University is an amazing place to be where you can do new things without having to worry about how ‘uncool’ you might look or how costly it would be to take try a new activity. There are countless clubs and activities that you can be a part of. Click the link http://bit.ly/29idccq that can navigate you to your specific requirement of ‘Life at Lancaster’.

 

Joining clubs and societies is also a way of meeting new people with diverse interests. I have had many special moments after joining the clubs and societies but there is one such event that was the best. I had the opportunity to take part in the Dragon Boat Race and represent at the University at Liverpool. We won the third place. This was an amazing experience as I had never rowed before and most of my team mates did not have prior experience as well! You could meet your next best friend at one of these socials. What are you waiting for? Go and have that fun!

Boost your business grasp in Lancaster

Dmitrii Flux

Do you want to develop your business skills and apply your knowledge to solve a real practical issue? Then LUMS is a right place to start. Below are some tips that will ease your business journey.

ENTREPRENEURSHIP
Lancaster University Enterprise Centre is an establishment that supports students’ start-up ideas and can provide assistance regarding business related issues. If you need advice from someone who has rich experience in the industry, if you look for a mentor or like-minded people, seek various professional workshops and hackathons – Enterprise Centre will be the best match. These guys are very supportive and well informed of vast opportunities and challenges that are going on. They also regularly organise useful events with maximum practical focus. All in all, do not hesitate when subscribing for their newsletter or simply visit their page from time to time.

FLUX 500 BUSINESS CHALLENGE
FLUX 500 definitely was my best experience in Lancaster. If you seek challenging tasks, want to try what it’s like to work under pressure with super strict time constraints, wish to enhance your team-work skills – this is a chance not to be missed. FLUX 500 is the biggest British business challenge, which on top of that is currently hosted by Lancaster University.
FLUX is all about business. It consists of two stages – internal competition against other teams from Lancaster University (the winner of this ‘semi-final’ will represent Uni in the final) and external competition against other teams from top-UK universities. You need to form a team of 6, and once you’ve done that you’ll get a business task that you need to work on. A little hint, not a spoiler: task is quite broad so there is a variety of options to consider. But given a couple of days that you have to solve this challenging issue you need to do your best and to be fully dedicated if you want to impress the judges.
This year our team won 3rd place – make it better next year! Best of luck guys!

NATIONAL APPRENTICE CHALLENGE
Do you want to experience a two-day diving into business environment in which you run a simulation of your own business and try to create a new one at the same time? National Apprentice Challenge (NAT) is a two-day business challenge which consists of two parts. During the first day your team of 4 needs to run a simulation of a real business venture trying to beat your competitors and show the best relative performance that is being calculated online. The task that you can receive on the second day varies from year to year – for instance, this year we had to brainstorm an idea of a new social network and deliver our 3-minute pitch with presentation to the panel of judges. Out team became 7th out of 21 contenders – can you do better next year?

As you can see, there are many opportunities to shine and enhance your skills in Lancaster. It’s all about making a first step…

Baby steps after reaching Lancaster- What, where and how to shop on student budgets?

Welcome to Lancaster, a city that guarantees new experiences to your one or many years of academic life! I am Sarada, an MSc Management student of the 2015-2016 batch. Life at Lancaster for me was an amazing experience. To start with, it is not difficult to travel in this small town with a population of around 50,000 and the people are really friendly here. The city centre is the best shopping place to buy things.

City2

Landing at your accommodation, you realize that you need to shop to settle in. Though the options of shopping at amazon and online shopping for groceries exist, it is a ritual undertaken by students to do their first shopping at the town. Travelling to the city by bus is one of the most convenient and cheap method of transportation. It takes about 2.50 to travel to the town and back to the University. The few places that are frequented by students to economically shop are:

  1. Wilko- bedding pack, detergents, stationary, cutlery, utensils, bathing products
  2. Poundland- everything is for a pound, but do not expect to see a wide variety of products
  3. Sainsbury- monthly groceries
  4. Mountain Warehouse- one stop destination to stock up on Winter wear
  5. Iceland- exclusive store to buy frozen products

Happy Shopping and do not forget to explore the other shops in the town!

Come, get yourself a taste of Lancaster!

Come around here, and experience all the tastes LUMS has to offer!

LumsCupcakes Ipshitha

Hola! I am Ipshita and currently pursuing a MSc in Human Resources and Knowledge Management. This is not my first time in the UK, nor is it my first time in Lancaster, but it is the first time I have been here for more than just a summer school or a holiday. I have travelled quite a bit, almost to 13 countries and a few times alone as well. I flew alone for the first time when I was 6, but this is the first time I have ever lived by myself for a whole year! As life is, there have been ups and downs, but the best things are so worthy that I would never trade them for anything else.

I am fond of travelling, meeting new people and experiencing cultures. I remember a new module we started in the second term, the professor decided to ask everyone to introduce themselves, as he wrote down all their native countries on the board. He started with the last row, there were 10 students and all 10 of them were from 10 different countries! Could you believe that? In total, there were 37 students from 18 different countries! Austria, Bolivia, Brazil, China, France, Greece, India, Malaysia, Nigeria, Portugal, Romania, Rwanda, Spain, Switzerland, Taiwan, Thailand, Trinidad and the United Kingdom. It was the first time that it really hit me that I am actually studying in a truly global environment. Not to mention the friends I have made from many other countries.

Apart from academics, this experience is also enriching because of how I have grown internally. Stepping away from your comfort zone can really do wonders! (those quotes you see on Instagram or tumbler are true!) The magic actually happens outside your comfort zone.

There were all sorts of things I was worried about before coming. I have always been the younger kid in the class. When the course was about to begin, I thought to myself “A 20-year-old kid doing masters? Nah, they will for sure treat me like a baby”. I was pretty wrong. I have gotten to know people from all walks of life and I have learnt a great deal from every single one of them.
Also, before the course began, I wanted a self-sufficient studio because I did not know what kind of people I might have to share my flat with. I am glad I chose an en-suite room with a sharing kitchen,  I have made some of the best friends I could on my flat. Moreover, I have actually learnt to cook a few good meals from scratch! [mind that, ramen noodle is not cooking].

The experience is not just the academics, being here at Lancaster University is a package of an experience!

 

How international is the Master of Science in International Business & Strategy in reality?

Hi! I’m Tobias, and I am currently studying the Master of Science in International Business & Strategy programme. Before beginning this programme at Lancaster University Management School, I would never have expected to get such an international experience as I have gotten during the past year.

Tobias IBS

I remember my first day here in the United Kingdom: I arrived at the Manchester airport after a long flight from Hong Kong where I just finished my Internship. Waiting at the bus terminal of the airport for an organized bus to Lancaster. At that moment I started to realize, that I was the only European student in the hall – all others are from Asia. This discovery continued at the campus of the University. The graduate college is basically kind of a small village with students from all over the world. I started to share my flat with students from Russia, New Zealand, England, Thailand and Lebanon. My class of 28 students is a collection of 15 different nationalities.

All this internationalization brings so many things together not only in terms of studying but also in terms of social skills. I started to think in different ways and different perspectives. I have learned to speak in different languages and by doing a group work, it surprised me how people in different countries have various style of working. Of course it complicating the steps of achievement at the beginning, but in the end you did not only achieve the goal of the module, but also learned how to work and communicate with complete different people. This unique skill is so valuable since this kind of experience you will not find it in books which it will be an important skill for future international career.

As it would not be already enough international, the university provides even more opportunity for the person like me who are keen to explore a new experience. For example, I could choose an elective program in cooperation with the Peking University in China. In that context, I spent two incredible weeks at the Management School of the Peking University in Beijing, Xi’an and Shanghai. And again, the class was another collection of nationalities: Only four students were coming from LUMS, about ten from top US universities, another ten from Australia and couple of students from other top ranked business school around the world. Moreover, this programme introduced us not only in theory into the Chinese market, but also through company visits and cultural trips to main touristic attractions in these Chinese cities.

Last but not least, by studying here, it is not just meeting people and saying goodbye after the graduation. We are talking about the beautiful friendship and relationship that we have been spending together in a year. Hence, in the future, it could grow as an international business connection or even true friends for the rest of your life.

Presenting my PhD research at EurOMA 2016 conference in Norway!

Hi I’m Amy and I’m in the second year of my PhD in Management Science. I’m going to be sharing some of my experiences of life at Lancaster!

Trondheim Norway Amy

LUMS encourages PhD students to go to international academic conferences to present their research to others within the field. I love travelling so I am so pleased that we have the chance to do this! Last year in the first year of my PhD, I presented at the EurOMA Sustainability Forum in Barcelona, Spain and the EurOMA conference in Neuchatel, Switzerland.

I have recently returned from 10 days in Norway for the EurOMA 2016 conference. I went with two other students in my department so it was nice to get out of the office together! The conference took place in Trondheim and brings together leading academics in the Operations Management field. I spent the first two days of the conference at the Doctoral seminar. This is an opportunity for PhD students to present and discuss their research to other students and established researchers. This was my second doctoral seminar having attended the first in Switzerland last year. It was therefore really good to see the friends I made last year and I made some new friends. I also presented my research in the main conference. The conference was made up of numerous streams and you move around listening to different presentations depending on your interest. It is really motivating to learn about other people’s research which also challenges your own thinking. It also provides the opportunity to network with leading academics in your area- often the ones you cite in your work!

It’s not all hard work though! Meeting people is one of the best parts of the conference especially other students and we socialised every evening! The food was also amazing! I have made some great friends that I know I will always keep in touch with- we are still all swapping photos and reminiscing about the fun we had!

The conference arranged a number of social activities which ranged from an amazing concert in the beautiful local cathedral to the main conference dinner. The highlight was definitely watching sunset after midnight at the sky bar! This was shortly followed by sunrise as it never properly gets dark at this time of year!

On the last day of the conference there is always the opportunity to go on a factory tour at a leading local business. This year there was the added bonus of an afternoon sightseeing in Røros a UNESCO World Heritage Site.

After a week of hard work and socialising we decide to have a few days sightseeing in Oslo on our way back home where we saw Munch’s renowned ‘The Scream’ painting and did some island hopping in the Oslo Fjord!

Conferences are a fantastic experience, I have had the chance to develop research contacts with both fellow students as well as senior academics within the field. I received invaluable feedback that will help me further develop my research. I have also been able to explore Norway and created some memorable experiences.

I took the photo in Trondheim- the same view was captured and used on the cover of the conference promotional material. I always make sure I get my own version at each conference I attend! We also have a tradition that we buy a postcard from each conference location we present at to display in our office!

Getting started with Lancaster

Coffee outside LUMS Dmitry

Are you ready for one of the most interesting, challenging, breathtaking, emotional, inspiring years in your life? Seriously, it’s just about a couple of months to start!

Hi everyone, my name is Dmitrii, I am a postgraduate student and I study MSc Management Science and Marketing Analytics. Will be happy to share some experience with you through this blog!

I remember myself last September arriving at Lancaster – I could not even imagine how much it will change my life and what an invaluable experience it will be. Full of ambitions and desire to study, I dived into various opportunities provided by Uni – career workshops, extracurricular activities, business challenges, academic excellence, sportive events, etc. I did not hesitate for a second when it was about to decide whether to accept or decline a new offer – like in a famous movie with Jim Carrey my answer was always ‘yes!’.

Eventually all activities that I took part in gave me valuable skills, which I added on my CV and LinkedIn profile. It all comes with practice, right? At Lancaster you can gain experience of all kinds. For instance, I have been teaching other students my mother tongue in Lancaster University Culture Society for two terms. It not only helped me make new friends from different countries, but also boosted my presentation skills and self-confidence when performing in front of the audience.

There are more than 200 student societies in Uni, why not to join some of them or even create a new one? Be ready that your first so called ‘freshers week’ in Uni will be full of different events, news, buzz and hustle – there will so many things happening simultaneously! Let it go and enjoy your time at Lancaster – your new home for the next year.

By the way, what are you expectations from Lancaster University? Come on, share your thoughts, let’s have a chat 🙂