2011 mba brochure

8/2/2019 2011 MBA Brochure

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Master o Business Administration

Victoria University o Wellington


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Welcome tothe Victoria

MBAThe Victoria MBA gives business proessionals

the skills to take on senior leadership roles in

commerce, the public sector and society.

We regard the MBA as a programme that will help

you develop both personally and proessionally.

It encourages you to think laterally, expand

your critical thinking skills, develop conceptual

capabilities and hone your communication style.

Your analytical and leadership skills will be

developed through the use o international

ideas and insights to illustrate local and global

business environments and to challenge ideas

and concepts. The programme osters practical

dialogue through the use o case studies, visits

rom experienced practitioners and projects

that require you to apply your learning in real

organisational settings.

The Victoria MBA has been running or morethan 25 years. My own observation is that the

quality o the educational experience that the

MBA provides and the quality o its alumni are

continuously improving. This growth and maturity

has been recognised internationally through

Victoria University being awarded the prestigious

Association o MBAs accreditation.

Professor Robert A. Buckle

Pro Vice-Chancellor and Dean

Faculty o Commerce and Administration


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Master o Business Administration - 1

I welcome your interest in

the Victoria MBA and I am

sure that, should you take

up the challenge o studying

with us, you will nd the

experience both invigorating

and rewarding.

Proessor Robert A. Buckle

TheVictoria MBASince its establishment in 1984, more than1,000 people have graduated rom the Victoria

MBA programme and have orged careers in

the executive ranks o the business and public

sectorsboth in New Zealand and overseas.

The programme is specically designed or

the inormation age and to equip managers

or the global business world. It recognises

the importance o collaborative work and the

integration o diverse skills, and lets you use your

practical experience to enhance learning.It is a generalist degree that allows you

to understand the big picture o business

conceptually, strategically and operationally. By

getting this holistic grounding, you will become

an innovative, integrative thinker and develop the

skills o balanced leadership.

The programme produces graduates with

conceptual depth and the ability to integrate

theory and practice in a wide range o managerial

situations.

RequirementsStudents embarking on the Victoria MBA

programme o study should have our attributes:

A high level o personal commitment

given the mode o delivery, attendance is

a critical success actor, as is committing

time to personal study.

Work experience in a relevant business

settingthe applied nature o the

programme ensures contextual amiliarity

is critical.

Strong oral and written communication

skillsyou will be working with complex

and integrated concepts in your class

discussions and written work.

Academic competenceyour abilityto learn will be evident rom your prior

undergraduate experience.


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2 - Victoria University o Wellington

Teaching staTeaching sta in the Victoria MBA are leaders

in their eld and held in high regard by the

Wellington business community. Drawing on the

expertise o more than 50 academic sta in the

Faculty o Commerce and Administration, the

MBA programme combines cutting edge theorywith practical application. The programme

provides opportunities to engage with inuential

business leaders, visiting experts and lecturers.

ExcellenceThe programme has been awarded international

accreditation by the Association o MBAs

(AMBA), the impartial international authority on

postgraduate business education, which sets

global standards or all MBA programmes. AMBA

accreditation represents the highest standard oachievement in postgraduate business education

and is earned only by the best programmes.

Students and employers recognise that

accreditation is an assurance o quality.

I completed my MBA at Victoria in my rst

term as Mayor o Wellington. To say I was busy

is an understatement! But I thoroughly enjoyedevery minute o it.

The study was challenging and hard work,

but it gave me new rameworks and enabled

me to think more strategicallyallowing me

to create better outcomes through teams. It denitely made me abetter civic leader. Since then it has given me credibility within the

commercial arena. It was one o the reasons I have been chosen

or several directorships, including chairmanship o the new

Environmental Protection Agency.

Kerry Prendergast

Former Mayor o WellingtonVictoria MBA graduate

Find out more at www.mbaworld.com


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MBA programme paths

There are three programme paths

to completing a Victoria MBA:

Staircasing

Staircasing (as let) entails completing a

Certicate in Management Studies, ollowed by a

Postgraduate Diploma in one o three disciplines.

On successul completion you would then apply

to be admitted to the MBA and take an additional

eight MBA courses, as well as proessional

development. The staircasing option is donepart time and would usually take 32 months to

complete.

Direct entrypart time

Direct entry as a part-time student also usually

takes 32 months to complete. The part-time

option covers the same courses as the ull-time

MBA, but two courses are taken each trimester

or eight trimesters as per the table on page 9. A

wide range o proessional development courses

are oered during the program, six o which must

be completed as part o the MBA program.

Full time

Full-time MBA students take an intensive course

o study with our courses each trimester or our

trimesters, plus the proessional development

requirement. This path takes approximately 18

months, depending on the research project.

Staircasing entry

MBA

Certicate in Management StudiesFour courses, part time

Two trimesters/eight months

Eight MBA coursesFour trimesters/eighteen months

Postgraduate DiplomaFour courses, part time

Two trimesters/eight months

Postgraduate Diploma in

Business Administration

or

Postgraduate Diploma in

Human Resource Management

or

Postgraduate Diploma in Marketing


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The programme

Orientation and proessional development workshops

Orientation

A two-day orientation programme is held during

a weekend prior to the rst week o classes. The

orientation programme is compulsory or all new

MBA students. It covers the learning philosophy

and teaching objectives or the programme and

gives an introduction to services and resources

including the Universitys libraries.

Working in study groups is an importantpart o the MBA learning experience. During

the orientation weekend, students have the

opportunity to interact in a variety o team

exercises beore being ormed into study groups.

Proessional development workshops

During your programme o study you will be

required to attend six days o proessional

development rom a selection o weekend

workshop topics. Examples include:

executive presentation skills

lateral thinking and creativity skills

accelerated learning and study skills

career management

consultancy skills.

These workshops are designed to develop

career skills and enhance your employment

opportunities upon completion o your study.

The curriculum

The curriculum comprises our parts:

1. Core discipline courses designed to give

you conceptual depth across the unctional

spectrum o modern business.

2. Contemporary management courses designed

to highlight issues in management.

3. Strategic capstone courses that integrate

and bring together rameworks rom other

unctional business areas to provide a

strategic perspective.

4. Elective courses that cater to individual

student interest.

The mode o delivery is ace-to-ace lecture

ormat supported by class discussion and

debate. Each course has a total o 24 hours o

teaching contact time. Learning interaction

includes working ater class in study groups and

completing applied projects and assignments

based on real business organisations.

All classes are taught in the evenings and

weekends at our downtown Pipitea Campus.

Completion o the degree requires six days o

personal/proessional development and 16

courses.


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Part 1: Six core discipline courses

MMBA 502 Commercial Law

An overview o some areas o commercial law

signicant or business organisations, including

the law o contract, intellectual property law,

the law o organisations and alternative dispute

resolution.

MMBA 503 Economics, Organisation and

Markets

The course ocuses on providing students

with a conceptual appreciation o the modern

literature in industry, organisation and applied

microeconomics and on demonstrating how this

body o literature can be used in thinking about a

wide range o management problems.

MMBA 505 Organisational Behaviour

An overview o organisational behaviour and its

relevance to management. Specic areas include:

individual, interpersonal and group

behaviour and perormance

organisational structure, design and change

communication

leadership

managerial roles.

MMBA 507 Information Systems

Inormation systems change organisations and

determine their competitive strength. In this

course we explore the technology, learn how to

manage it well, how to make change positive and

how to exploit the technology to best eect in the

market and supply chain.

MMBA 508 Problem-solving and

Decision-making

Critical reections on the role o emotion, reason

and morality in creative and analytical thinking.

MMBA 509 Accounting for Managers

An introduction to the concepts o nancial and

management accounting, covering the content

o nancial statements; concepts o value and

prot, cost behaviour and cost-volume-prot

relationships; and cost allocation principles and

behavioural underpinnings in the wider context o

perormance evaluation.


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Part 2: Four contemporary management courses

MMBA 516 Corporate Finance

The course provides a thorough understanding o

the undamental concepts o Corporate Finance.

Topics covered include discounted cash ow

valuation, interest rates, investment decisionmaking, the risk and return underpinnings o the

cost o capital, introduction to options and their

application to corporate nance, capital structure

theories, securities issuance, and mergers and

acquisitions.

MMBA 518 Marketing Management

Focuses on an analysis o the marketing unction

in organisations. The concepts required or

development o a marketing plan including

products and services, pricing, promotion anddistribution.

MMBA 519 Human Resource Management

Concentrates on current issues in the

management o human resources in modern

organisations rom strategic and unctional

perspectives. Topics include: job design,recruitment, selection and orientation;

career management, development, managing

perormance and remuneration; health and

saety; and employee retention, exit and

retirement. The course looks at how eective

human resource management can add value to

the organisation or business.

MMBA 520 Operations and Services

Management

Looks at management o operating sectors omanuacturing and service organisations, with

emphasis on operations strategy, capacity,

inventory and quality. Examination o the major

activities involved in deploying key physical

resources o the organisation to deliver

competitive goods and services.


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Part 3: Four strategic capstone courses

MMBA 532 Business Research Project

Consists o the supervised execution o an

approved research paper or business topic.

Participants study a topic o interest in depth,

seeking to answer a research question usingappropriate design and methodology. The

business topic option allows participants to

negotiate access to a particular organisation and

investigate an agreed topic or problem on its

behal. Project supervision will be provided by a

member o academic sta teaching on the MBA

programme.

MMBA 534 Strategic Management

An examination o the strategic issues and

tasks aced by general managers, determiningthe purpose and direction o the organisation,

establishing objectives and ormulating strategies

to achieve them, taking account o changes in

the environment and the organisations total

competence.

MMBA 560 Leading Change

It has become taken or granted that

organisations must change to survive and thrive

in an increasingly turbulent world. However,

most change interventions ail to deliver theirobjectives and amongst the recipients o

change there is evidence o growing cynicism,

together with eelings o being overwhelmed by

constant change. This course draws on a blend

o academic and practitioner perspectives and

considers cases o change success and ailure in

an attempt to generate a deeper understanding

o the challenges and the complexities o leading

change eectively.

MMBA 565 Innovation and EntrepreneurshipCreativity with innovation, leadership, critical

thinking and action-oriented research are some

o the most crucial dimensions o strategic

management acing business executives, policy

makers and o course, entrepreneurs, in New

Zealand. This course aims to produce thinking

managers and innovators or tomorrows

organisations who can crat cultures that oster

creativity and innovation.


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Part 4: Two elective courses selected

on personal/proessional interest

Note: The availability o MBA elective oerings will

be subject to student demand, aculty availability

and individual programme timetabling constraints.

MMBA 535 Advanced Strategic Management

This course develops material rom MMBA 534

Strategic Management with particular emphasis on

the issue o implementation o corporate strategy.

MMBA 545 Creative Leadership

This course will attract students who want to

take a hands-on approach to their leadership

development. It is a creative exploration o

the eld o leadership comprising theoreticalinsights, experiential exercises and introspective

reection. Projects will provide students with

the opportunity to experience their own unique

personal leadership challenge.

MMBA 549 Systems Thinking and Creative

Problem-Solving

A systems approach provides a new way o

looking at organisations and their management

that encourages holistic thinking. It promoteslearning organisations and enables managers

to deal with the complexity o the tasks they

ace. Dierent aspects o systems thinking and

dierent methodologies are taught individually

and in combination.

MMBA 553 Project Management

Theory and practice o the management

o projects in organisations, including: the

system development cycle; organisational and

behavioural issues; and systems and proceduresor scheduling, resource allocation, control and

evaluation o projects.

MMBA 555 Marketing Communication

Eective marketing communication is a vital

component o successul business practice.

Thereore, this course will be o interest and value

to all participants wanting to gain insight into the

management o the marketing communications

process, rom a strategic perspective, in both

public and private sector organisations.

MMBA 556 Financial Statement Analysis

The analysis and evaluation o corporate

perormance, nancial condition and uture

prospects as set out in published annual reports

and nancial statements. Students learn how to

assess the relationship o this inormation to the

market price or the shares in the respective entities.

MMBA 558 International Business

Consideration is given to the key environmental,

institutional and organisational actorsinuencing international business. The course

involves investigation o contemporary issues

relating to international business, and the

development o appropriate management

strategies or conducting business globally.

MMBA 561 Strategic/International Human

Resource Management

A critical analysis o models o strategic human

resource management within the context o

international practice. The ocus is on thestrategic management o employees in a manner

that contributes to competitive advantage. Issues

o human resource planning, policy and cross-

unctional integration are addressed.

MMBA 562 Managing Employment Relations

The theory and practice o entering into,

managing and ending the employment

relationship, including within economic, political,

social and technological contexts, is explored.The range o employment-related law and

policy, the rights and duties o employers and

employees and the roles o trade unions and

employer groups within a New Zealand context

are examined.

MMBA 570 Marketing Strategy

This course is concerned with the development,

evaluation and implementation o marketing

strategy in dierent organisational environments.

Participants will be introduced to a variety o

analytical rameworks or making decisions

implicit in marketing planning.

MMBA 571 Negotiations: Strategy and Process

Negotiating is a core management competency.

This course covers theories underlying

negotiations and develops skills in applying the

negotiation process. It includes insights into

international and cross-cultural negotiation

contexts.

MMBA 574 The Information Economy

This course explores the economic and strategic

principles underpinning the development o

inormation and economy and e-commerce, and

develops skills in critical analysis o the ways in

which rms and governments are participating in

the developing inormation economy.


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Programme timetableFull-time students complete our courses per trimester and part-time students complete two courses

per trimester.

Note: Most classes are scheduled during the evenings and some during weekends.

Trimester Full-time student Part-time student

Year 1

Trimester One

February/MarchJune



MMBA 507 Inormation Systems

MMBA 508 Problem-Solving and

Decision-Making


MMBA 507 Inormation Systems

Trimester Two

JulyOctober

MMBA 516 Corporate Finance


MMBA 519 Human Resource

Management


Management

MMBA 519 Human Resource

Management


Management

Summer Trimester

NovemberFebruary

MMBA 503 Economics, Organisation

and Markets

MMBA 509 Accounting or Managers


1 x Part 4 Elective

MMBA 503 Economics, Organisation

and Markets

MMBA 509 Accounting or Managers

Year 2

Trimester One

February/MarchJune



MMBA 565 Innovation and

Entrepreneurship

1 x Part 4 Elective


MMBA 508 Problem-Solving and

Decision-Making

Trimester Two

JulyOctober

MMBA 532 (continued) MMBA 516 Corporate Finance


Summer Trimester

NovemberFebruary


1 x Part 4 Elective

Year 3

Trimester One

February/MarchJune



MMBA 565 Innovation and

Entrepreneurship

Trimester Two

JulyOctober

MMBA 532 (continued)

1 x Part 4 Elective


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VictoriaOverseas

Exchange(Vic OE)Victoria MBA students can participate in a Victoria

Overseas Exchange (Vic OE) or one ull-time

trimester at one o our partner business schools

overseas.

Vic OE allows students to experience a new culture

while paying normal Victoria tuition ees and earningcredits towards the Victoria MBA. Universities that

oer the MBA programme include:

CanadaMcMaster University

GermanyWHU Otto Beisheim School o

Management

IndiaIndian Institute o Management

Kozhikode

ItalyBocconi University

SingaporeNanyang Technological University

SwedenJonkoping International Business

School

UKLancaster University

USATexas A M

USAGeorgia Institute o Technology.

Students are still eligible or StudyLink loans and

allowances (i eligible in New Zealand), and Vic OE

will also contribute up to $2,000 towards expenses.

Visit www.victoria.ac.nz/exchange to learn wherethere are study opportunities.

MBA students interested in applying should discuss

their options with the MBA Director at

[email protected] or contact the Exchange Ofce at

[email protected]


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Application process

Domestic applicantsTo be considered or the Victoria MBA, send an email

to [email protected] with a copy o your CV, the

names o two reerees and a completed admission

application orm (available on our website).

www.victoria.ac.nz/mba

International applicantsContact our Victoria International Students Ofce

at www.victoria.ac.nz/international

I you meet the criteria you will be invited or an

interview with the Programme Director.

On completion o a successul interview you will be

invited to attend the next scheduled MBA Admission

Test (see page 12). I you pass this test, you will be

invited to complete your enrolment online at

www.victoria.ac.nz/home/admisenrol/enrol

Criteria1. An undergraduate degree o good academic

perormance rom an accredited university o

equivalent standing is required.

On rare occasions, applicants without a rst

degree (but with outstanding achievement

and a track record o managerial experience o

10 years or more) may also be considered.

2. Demonstrated, successul proessional

experience o at least ve years.

3. A high level o motivation and commitment,indicated by:

being prepared to commit ample time to

the programme2030 hours a week or

part-time participants and up to 60 hours a

week or ull-time participants

a clear understanding o how the MBA

would t into personal career development

a high level o motivation to succeed in,

and contribute to the degree.

4. Leadership potential in management indicated

by having:

strong interpersonal and communication

skills (much o the learning is carried out

in teams, thereore the ability and desire to

work in this manner is required)

a high degree o sel-condence and

independent thinking

a strong need or achievement combined

with exibility and adaptability

the willingness to assume a leadership

role in a team environment and within the

programme.


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The Victoria admission test

Domestic studentsAll domestic students wishing to be considered

or the MBA programme take the Victoria MBA

Admission Test. This is a two-hour test covering

three sections:

a business case study

reading comprehension and critical thinking

numerical skills and logical thinking.

International studentsAll international student enrolment applications

are processed by Victoria International.

Visit www.victoria.ac.nz/international or

phone +64-4-463 5350 or more inormation.

International students are required to take the

Graduate Management Admission Test (GMAT)

and receive a score o 550 or more.

International applications whose rst language

is not English will also be required to undertake

either the Test o English as a Foreign Language(TOEFL) or the International English Language

Testing System (IELTS) test.

Applicants overall achievement, proessional

experiences, undergraduate record, reeree

reports and areas o strength will all be

considered as part o the application.

How do you place a value on something

as abstract as knowledge? At 43, having

exited ownership o a typical New Zealand

small business I had run or nearly 20 years, I

enrolled to do the MBA I had promised myselsince I was 30.

I look back now and wonder how I ever coped

without the undamental understandings I have gained through the

process and rue what might have been had I had this knowledge

earlier. My MBA has led directly to my position as Chie Executiveo AstraPrint, and to a greater condence in dealing with the many

challenges leadership in the modern business world entails.

Steve Messenger

CEO AstraPrint

Victoria MBA graduate


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MBA community

Downtown networksClose associations with Wellingtons commercial

and government sector as well as our unique

location in the heart o the capital city have

allowed the Victoria MBA programme to oster

strong working partnership and networks.

Our partners provide invaluable support by

contributing towards research, case studies,

teaching materials, awards and through unding

visiting scholars and speakers.

Seminars and

visiting speakersA series o seminars, extra to the set programme,

has been developed to give our participants

greater exposure to key issues in international

business. These eature both domestic and

international visiting speakers.

Research projectsThroughout the programme, participants have

opportunities to engage in research and business

projects, involving hands-on experience with

local industries and businesses. During the

last trimester o the programme, the business

research project provides the option o

conducting research on a business topic basedon a participating organisation. The ocus is on

research quality and the relevance o research to

the practitioner community.

Victoria MBA alumniThis organisation o graduates o the Victoria

Management School oers members an educative

seminar and discussion programme throughout

the year. The alumni network provides an

opportunity or MBA graduates to extend their

proessional careers.

Social activities

Various inormal unctions are organisedthroughout the year to provide participants with

networking opportunities.


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Services and acilities

Libraries and databasesThe Central Library is located in the Rankine

Brown building on Kelburn Campus. Inormation

on library services and resources can be ound at

www.victoria.ac.nz/library

The Commerce Library (in the Railway Station)

at Pipitea Campus holds high-demand, course-

related books that are available either on two-

hour or three-day loan. All other material is

housed in the Central Library.

An inter-site delivery service allows electronicrequests or Central Library material to be

delivered to Pipitea.

Web accessible databases, which use Article Linker

sotware to enable access to a comprehensive list

o resources, can be accessed on- and o-campus.

Reerence books, study space, PCs and

photocopiers are also available.

For more inormation visit

www.victoria.ac.nz/library/collections/commerce

Computer networksVictorias Inormation Technology Services (ITS)

provides computing resources or all enrolled

students to support their communication,

learning and research needs. ITS oers a range

o electronic resources such as wireless internet,

student email, Blackboard (online teaching

and learning tool), the University website anda range o databases. It is recommended that

students have osite computer accessalthough

proessional students will have access to a

dedicated computer laboratory on campus.

www.victoria.ac.nz/its

vicbooks

vicbooks has branches at Kelburn and PipiteaCampuses. All texts required or the Victoria MBA

are available at vicbooks at a 10 percent discount.

The stores also stock general books, music,

magazines, stationery, stamps, phone cards and

greeting cards. For more inormation, go to

www.vicbooks.co.nz

Student servicesBelow are some o the services available to

Victoria MBA students. For urther inormation

about the services available, go to

www.victoria.ac.nz/studentservices

Student Health Service

The Student Health Service is a general medical

practice or all students enrolled at Victoria. The

clinic is staed by both doctors and nurses and

a consultant psychiatrist is available on reerral.General consultations are ree or a ull year to

students holding a valid Community Services

card. Students without a Community Services

card pay a small consultation ee.

Career development and employment

Vic Careers provides advice and inormation to

help you make inormed career decisions. It oers

condential interviews with trained advisers,

workshops to discuss interview techniques and

writing CVs, and assistance in identiying career

opportunities.

Stress management

The Victoria Counselling Service has trained

counsellors who are available, ree o charge, to

discuss personal or academic issues aecting

your sense o wellbeing, relationships or learning.

You are also welcome to contact the MBADirectors to discuss any issues you may have.

Sport, recreation and leisure

The Rec Centre, located at Kelburn Campus, oers

hundreds o activities including exercise circuits,

aerobics classes, yoga, tai chi and pilates, and

sports ranging rom archery to volleyball.

Pipitea Fitness is located on the basement level

o Rutherord House and has a tness studio witha selection o machines, ree weights and cardio

equipment, and tness classes. There is also the

Pipitea Fitness Dance Room, an air-conditioned

room with a carpeted oor, ull-length mirrors

and a sound system.

For urther inormation, go to

www.victoria.ac.nz/reccentre


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Find out moreA tradition o excellence.

Exacting standards.

Focusing on your uture.

Your decision to study or a Victoria University

Master o Business Administration (MBA) is one o

the most important career choices you can make.

Having an MBA sends a powerul message to

employers and your proessional peers. It provesyou have intellectual ability, analytical rigour

and strategic acumen to succeed in any business

environment.

Find out more at www.victoria.ac.nz/mba


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Important noticeVictoria University uses all reasonable skill and care toensure the inormation contained in this document isaccurate at the time o being made available. However,matters covered by this document are subject to changedue to a continuous process o review, and to unanticipatedcircumstances. The University thereore reserves the right tomake any changes without notice. So ar as the law permits,the University accepts no responsibility or any loss suered

by any person due to reliance (either whole or in part) on theinormation contained in this document, whether direct orindirect, and whether oreseeable or not.

Important datesTo nd lists o important dates, including enrolmentdeadlines, accommodation, scholarships and deadlines orinternational students dates, visit the ollowing websites:www.victoria.ac.nz/home/study/dates.aspxwww.victoria.ac.nz/accommodationwww.victoria.ac.nz/scholarshipswww.victoria.ac.nz/international

MBAadvisory boardAs at 1 July 2011

External members

Dean Harding

CFO, Atlantic Pacic American Express,

Wellington

Peter Hughes

CEO, Ministry o Social Development, Wellington

Jacob Mani

Managing Director, Sounds o Forest, Picton

Steve Messenger

CEO AstraPrint, Wellington

Kerry Prendergast

Former Mayor o Wellington, Kerry now sits on

various Chairs and Directorships in New Zealand

Ron Stuart

Management Consultant, Wellington

James Te-Puni

CEO Hurricanes, Wellington Rugby

Wellington

Internal members

John Brocklesby

Deputy Dean, Faculty o Commerce and

Administration

Stephen Cummings

Head o School, Victoria Management School

Natalie StevensDirector, MBA Programme


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Victoria Management School

Level 10, Rutherord House

23 Lambton Quay

Pipitea Campus

Enquiries: Senior Administrator, Room 1004

Phone 04-463 5367

Fax 04-463 5084

Email [email protected]

Website www.victoria.ac.nz/mba

Faculty of Commerce and Administration

Student and Academic Services

Phone 04-463 5376

Fax 04-463 5360


Website www.victoria.ac.nz/caLevel 1, Railway West Wing

Pipitea Campus

Wellington 6011

Victoria University o Wellington

PO Box 600

Wellington 6140

New Zealand

Victoria International

Phone +64-4-463 5350

Fax +64-4-463 5056


Website www.victoria-international.ac.nz

Level 1, Eastereld Building

Kelburn Parade

Kelburn Campus

Wellington 6012

Ne Zealand

2011 mba brochure

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