Final year Executive MBA students taking the Entrepreneurship and Innovation elective with Dr Nathaniel Massa at the Faculty of Economics, Management & Accountancy, have recently completed their feasibility analysis project pertaining to an identified start-up business idea or intrapreneurial concept.
This semester-long, team-based business start-up project formed an integral part of the elective. It entailed identifying a novel business idea or concept targeting a market need with value generation potential. Following fine-tuning, the FEMA MBA participants worked individually or in teams, respectively researching and undertaking a full feasibility analysis under the guidance of Dr Massa.
Deliverables included submitting a comprehensive feasibility report and delivering a final presentation pitch including where relevant indicative prototypes or demos. The Executive MBA cohort engaged in extensive research - in various instances conducting surveys, focus groups and leveraging contacts and professional networks, including technical expertise. This was undertaken to assess product, market, organisational and financial feasibility, as well as analyse client pain points and competitiveness dynamics for their business start-up concepts.
During the semester, the FEMA MBA start-up project teams had the opportunity to stress-test and present their early stage ideas to a panel of seasoned professionals internationally active in the entrepreneurship scene hailing from areas associated with mentoring, foresight and creativity, knowledge management and IP, crowdfunding, and business venture consulting – at a Global Entrepreneurship Week event – part of a broader international network spanning 200+ countries powered by the Kauffman Foundation, locally hosted by The Edward de Bono Institute for Creative Thinking & Innovation at the University of Malta.
This year’s Executive MBA business start-up concepts ranged across a spread of lifestyle and convenience-oriented related products and services, including sustainability, mobility and tech-based solutions.
Following this MBA entrepreneurship project, some among the participants will be looking into the prospects of possibly taking their idea further.
NEW International MBA programme @FEMA
FEMA has now just launched its NEW postgraduate executive flagship programme: the International MBA. Modular and totally redesigned, it presents a new curriculum of purposely designed applied masterclasses and workshops aligned with increasingly complex, disruptive and competitive realities; with at its core an immersive delivery modality catering for the needs of working professionals – whether based locally, or residing abroad.
Participants on FEMA’s new International MBA programme are mostly professionals engaged in industry and various sectors, generally in management and executive positions. Their exposure and diverse experiential knowledge contributes to the applied learning environment fostered by FEMA on this executive international programme.
The International MBA is tailored for practising professionals, managers, and others seeking to stretch and upgrade their holistic capabilities, or aspiring to higher positions of responsibility within their organisations – besides those seeking a sound foundation and insight towards effectively establishing and running their own business in increasingly competitive environments.
For further enquiries on the NEW International MBA programme at the Faculty of Economics, Management & Accountancy (FEMA) at the University of Malta, kindly contact Ms Jennifer Vella or Ms Vanessa Debattista.