Why is this program needed?
A Social Enterprise (SE) is generally understood to be a business operated or owned by a non-profit organization, established at least partly to supplement its public funding and charitable donations. The growth of the Social Enterprise sector is strong, and the need for capable and seasoned leaders even stronger. But leading such businesses is arguably more complex than leading a for-profit business – rather than having a single focus on profitability, Social Enterprise executives must achieve a “blended value” return on investment, balancing sustainable profitability with a social mission. Thus, in response to the growing demand for SE leaders, and the complexity of SE leadership, our online Executive MBA program has been developed with the advice of some of Canada’s leading practitioners to meet the sector’s specific needs.
Who is the program designed for?
Our online Executive MBA with a focus in Social Enterprise Leadership is designed for advanced-career professionals and managers of social enterprises who aspire to lead their businesses towards much higher performance. It begins with coverage of fundamental management essentials such as financial, analytical and decision-making skills, and knowledge of an organization’s core functions and interactions. The program goes much further than that. Its core focus is on leadership techniques, especially collaborative leadership in the complex context of dual objectives and multiple stakeholders; but it augments this core focus with a series of specialty courses focused exclusively on the needs of Social Enterprise leaders.
Our goal is to prepare advanced-career professionals and managers for senior managerial positions, and to prepare them for success, all without interrupting their career momentum. To accomplish our educational goal we provide a highly-qualified faculty, a variety of educational tools and techniques, some of the most advanced online teaching and learning applications available, and a carefully designed suite of courses delivered in a focused and flexible schedule.
Our Executive MBA is comprised of 14 courses:
- 10-foundation level courses
- 3-specialty stream courses
- 1-Integration Project (Capstone of the program)
Finish the program in 2-years, 5-months:
- 7-weeks per foundation level course
- 7-weeks per specialty stream course
- 12-weeks for the Integration Project course
Cut your program length in half:
- Students may take 2-courses per session to halve the length of their program (subject to course availability)
The online experience
To maximize the global learning experience throughout the program our students will participate in “live” seminars and conferences (often referred to as vClasses) with experienced leaders from global organizations. Our students and faculty are not limited by geographical boundaries, providing a new educational experience that allows learners to think with a global perspective while working on case studies and projects with other colleagues from around the world.
Social Enterprise Leadership Curriculum (45 credits)
Level A – Foundation Courses (30 credits)*:
EMBA 7000 – Orientation
The purpose of this course is to provide students with an overview of the online collaborative learning environment and course delivery methods.
EMBA 7005 – Leadership Theory and Practice (3 credits)
This course gives students the foundational knowledge they need to critically assess leadership concepts and their utility. Students survey the leadership theories of key thinkers and practitioners in the field, learning about the empirical, theoretical and pragmatic strengths and limitations of each approach. Through case studies and exercises, students develop an understanding of organizational leadership. They will also learn a comprehensive set of leadership practices that will have immediate value for application at work.
EMBA 7010 – Financial and Managerial Accounting (3 credits)
This course offers a comprehensive, graduate level exploration of managerial accounting. The course utilizes case studies and audit reports to focus on the use of appropriate accounting systems and the application of accounting data in the management of an organization. In conjunction, what accounting data are interesting or relevant-to-task, and how such data might be used is dependent upon what the manager is seeking to accomplish and what other information may or may not be available.
EMBA 7015 – Managerial Finance (3 credits)
All managers are required to possess a basic understanding of financial concepts. This course explores the principle role of finance via its concepts, calculative applications, and capital market analyses. In addition, the basic concepts of the time-value of money, rates of return, and valuation are covered.
Students will learn how capital markets function, what different securities exist, and how to manage cash flow. Credit, risk, working capital, and analysis of financial statements receive particular attention. Cases are used throughout the course to provide students with hands-on experience in the use of financial tools. Unlike other finance courses, this consists of half concept and half mathematics. Besides providing basic math skills, this course should provide students with an excellent introduction to financial management concepts.
EMBA 7020 – The Global Economic Environment (3 credits)
Systematic understanding of the internal and external economic environments of an organization, and the ability to analyze them as a basis for sound decisions, are core pre-requisites of sound leadership.
This course reviews basic macro and micro-economic concepts (e.g. supply and demand, elasticity, production function, competitive environments, pricing, etc.), and illustrates their impact on decision making and strategy formulation. Students will learn how to think through economic challenges and opportunities presented to their organization.
EMBA 7025 – Governance, Strategy and Structure (3 credits)
Leading and managing organizations requires knowing something about changing them. This course will assist the learner in understanding the drivers of successful organizational change and development; clarify the components of an effective and healthy organization – the meta-goal for any change effort; and understand the skills to successfully design, launch, nurture, and lead change.
EMBA 7030 – Leadership Values and Ethics (3 credits)
Organizational leaders convey values and ethics that affect public trust, stakeholder trust, and trust within the organizational team. This course teaches students how to enhance this value-laden ethical capital. Classic moral philosophies are reviewed, and we explore their application to cases in community relations, environmentalism, marketing, operations, accounting, information technology and human resource management. Learners will gain an enhanced understanding for and respect of the different managerial values of their colleagues, and concepts for analyzing ethical issues.
EMBA 7035 – Strategic Marketing Planning (3 credits)
This course focuses on the strategic marketing planning process from the perspective of two key roles in the organization, i.e., the Chief Marketing Officer (CMO) and the Brand (or Product) Manager. Leaning heavily on external and internal analyses and the CEO’s strategic guidance, we examine how these managers refine the company’s long-term go-to-market strategy, at both the corporate level and the product level. We also briefly examine which leading edge digital applications are most useful with respect to intelligence gathering, analysis, decision-making and/or implementation.
EMBA 7040 – Strategic Operations Planning (3 credits)
This course focuses on the operational planning process from the perspective of the Chief Operating Officer (COO). Leaning heavily on external and internal analyses and the CEO’s strategic guidance, we examine how the COO develops the company’s long-term operations strategy, comprising decisions about supply-chain logistics, production, customer service, quality assurance (QA), distribution and field support. We also briefly examine which leading edge digital applications are most useful with respect to intelligence gathering, analysis, decision-making and/or implementation.
EMBA 7045 – Strategic Human Resources Planning (3 credits)
In today’s global context the rate of change is accelerating, and personnel have to be world-ready, and organizations have to be change-ready. This course examines the human resource recruiting and development function and the organizational design function within a global and organizational lifecycle perspective, emphasizing how personnel and designs must change as projects and divisions evolve. This dynamic approach to organizational development prepares students to diagnose mismatches between existing personnel and designs versus changing demands, and to develop personnel and designs to accommodate new realities.
EMBA 7050 – Strategic Information Systems Planning (3 credits)
In today’s 24/7 global operating environment, the possession of sufficient and correct information about the relevant external and internal environments, obtained and circulated to the right decision-makers in a timely fashion, can spell the difference between success and failure. This course introduces the main concepts of management information systems (MIS), examines how the design of MIS can affect the performance of an organization, and explores the process of information systems planning from the perspective of the CIO.
Level B – Specialty Stream (9 credits)**:
SEL 8030 – Introduction to Social Enterprise
This course introduces the foundational characteristics of the social enterprise, beginning with the core concept of “blended value”, which comprises both financial value and social value. We follow with a detailed examination of: a range of evolving legal frameworks and performance measures; financial and social value forecasting; and important analytic decision-aiding concepts used for feasibility assessment and strategic business planning. We wrap up with discussion of appropriate organizational structures, and how to effectively manage internal cultural change and internal and external stakeholder communications.
SEL 8031 – Current and Emerging Tools for Financing the Social Enterprise
Prerequisite SEL 8030 – Introduction to Social Enterprise
The establishment and growth of a social enterprise requires substantial finance investment which must come from sources other than charitable donations. This course undertakes detailed examinations of which current and emerging financial tools are appropriate for which types of social enterprises at which stage of the enterprise’s life cycle, and an analysis of how the investor may conduct a risk-return assessment of the social enterprise seeking financing. Included in this examination will be a review of social impact bonds, and managing social enterprise investor relations.
SEL 8032 – Social Enterprise and Public Policy
Prerequisite SEL 8031 – Current and Emerging Tools for Financing the Social Enterprise
This case-based course examines key examples of the socioeconomic results that social enterprises have directly generated through their operations, as well as the enterprises’ strategically planned communications and public relations campaigns. By observing and measuring such social impacts, we can begin to better understand how governments might view social enterprises as valuable instruments of public policy, and how governments have in fact behaved, and how they might behave. This course will also address topics of special interest such as Social Impact Purchasing Policy, and the financial and social effects of free trade policies.
Plus one of (6 credits):
IP 8999 – Enterprise Integration Project (6 credits)
The Enterprise Integration Project Capstone is a 14-week capstone course involving student teams and senior executives from a business organization. The required comprehensive analysis of the organization draws from the key concepts that students will have learned in the Foundation courses.
The primary goal of the Enterprise Integration Project Capstone is to integrate and apply the knowledge, skills, and critical insights learned in the program through a comprehensive analysis of an organization’s leadership, strategy, business operations, and performance. The Capstone results in a report and presentation to the organization’s senior leaders, identifying the organization’s strengths, opportunities for improvement, and recommendations. This demanding project brings together the many dimensions of today’s business environment into an understanding of the organization as an integrated system.
Under the supervision of faculty members, each small team of students will approach and establish a formal project relationship with an existing business organization and one of its senior executives. Students will draw on material acquired in the Foundation courses to analyze and make recommendations for strategic adjustments to the organization.
Prerequisite: Successful completion of all Level A and Level B courses.
IP 8998 – Global Capstone (including International Field Study)
The Global Capstone is a 14-week capstone program involving the development of a comprehensive business plan for doing business globally. The focus of the Global Capstone program is to develop capable and ethical business leadership through an experience in global operations, helping students to understand how to meet the demands of an increasingly global, multicultural, and complex world. Working in small teams, students will have the opportunity to focus on global challenges, including market, economic, governmental, cultural and political systems, and their implications for an international business plan.
To maximize the global learning experience, students attend a 9-day session at an international location and participate in in-person seminars and/or conferences with experienced leaders from global organizations.
Drawing on material from the Foundation courses and a multitude of presenters, the team of students will develop a global business plan for a product/service of their choosing.
There will be concept reflection, synchronous vClasses, and during the International Field component students will also experience group workshops and varied executive presentations. The exposure to executives and international topics will provide critical concepts for the global business plan. As a learning experience, these executives are presenting critical concepts to their own business operations, offering insights for the program project.
Upcoming Start Dates
Application deadline: March 23, 2018- Course Start: April 23, 2018
Application deadline: May 18, 2018- Course Start: June 18, 2018
Get Started Now! More Dates
Janette O'Neill-Scott, Executive MBA alumna
“UFred’s graduate program for the MBA applies relevant, industry knowledge in a manner geared to working professionals”
*Students are expected to complete all ten of the foundation courses (Level A) before entering their specialty stream; however, in exceptional circumstances and due to scheduling, students can request to take specialty courses prior to completion of their foundation courses. Students must apply to the Dean’s Office for exceptions.
**Students are expected to complete all ten of the foundation courses (Level A) and three stream-specific specialty courses (Level B) before entering their Integration Project; however, in exceptional circumstances and due to scheduling, students can request to take the Integration Project prior to completion of their specialty courses. Students must apply to the Dean’s Office for exceptions.