Funding your MBA

Funding options

Your business plan

Your business plan needs to be clearly set out and well presented. It should be focused and tailored to sell your abilities and the advantages for your organisation, as well as dealing convincingly with the pros and cons of your choice of school and method of study.

Review your plan from your sponsor’s viewpoint and, if appropriate, prepare it in your organisation’s house-style. We suggest you include:

An executive summary

Outline the benefits of the Warwick MBA for you ■ Self-development ■ Broadens your technical skills and provides a wide knowledge of a range of different functions (often very useful, in particular, for SMEs) ■ Improves soft skills such as team working, time management, preparing and delivering presentations

company could make the most of your new skills and knowledge such as client and stakeholder influencing skills, and navigating organisational politics ■ Information about the recruitment of MBA graduates, or the sponsorship of MBA participants, elsewhere in the organisation/sector.

Before you start preparing your sponsorship proposal consider the following: ■ Your choice of school and the type of programme you want to do, emphasising elements which may appeal to your employer ■ The cost to the company in terms of fees and/or time, as well as your contribution in terms of time and effort ■ The scope for return on the company’s investment – highlight how the company will benefit from your participation. Background ■ The relevance of an MBA in the current economic environment for you, your department, the company and the sector. For example, your current personal and professional development needs, the business unit’s circumstances and the specific needs of the unit and the company ■ The value of an MBA to current and future needs of the company (e.g. growth/downsizing, change, competition, internationalisation) ■ Identify the objectives to be achieved from doing an MBA; you may want to include information here about the sort of role that you envisage having within the company once you have completed your MBA, or outline some ways in which you think the

The impact of an MBA is far beyond the certificate you receive at the end, you build relationships, challenge yourself and find new things out about how you work and what motivates you

Proposed business school and programme of study

■ International exposure ■ Networks and contacts.

Your employer will want proof that they are buying into a really good quality MBA, so you may want to include a comparative table with criteria such as: ■ Reputation, facilities, flexibility, student contact and participation, faculty (size, research, consultancy activities, international diversity), programme content, rankings, profile of the student body, alumni activity and costs. Why Warwick specifically? ■ The Warwick MBA’s academic rigour ■ International faculty – leaders in research and teaching, highly regarded consultants to businesses ■ Outstanding participants with extensive management experience across different functions and industry sectors.

Peter Taustscher Global Online MBA

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The Warwick MBA 2025

warwickmba.com

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