Attribution, to avoid retribution: referencing and citations for academic writing

In my previous blog, I wrote a step-by-step guide on how to write an effective abstract for academic papers. Continuing further in the same direction, this week I would like to discuss referencing and citations. As I mentioned earlier, writing an abstract is not rocket science, and neither are referencing and citating.  

Now, referencing is an important academic practice. But it becomes even more important when you are studying at University level. It is thus imperative to understand the correct way to reference and cite your sources in your master’s degree assignments, academic papers, or dissertation. This blog is your one-stop shop about what, how and where, style guides, and examples of referencing and citations.  

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Let’s begin! 

So, first things first, what is the difference between referencing and citations? 

While undertaking your masters’ studies, you will constantly hear from your professors to reference your work and cite the sources of your research and ideas.  

Referencing 

As the name suggests, referencing refers to the source of work that you used in your paper. The readers should be able to find and read for themselves the original source of information that one has read or considered in their academic piece.  

Citations 

Citations, on the other hand, are brief mentions of the author or the external source used in writing the paper. A citation is, in other words, an abbreviated reference. While both inform the reader of the sources of information used, there is a fine difference between a reference and a citation.  Here are some key differences between references and citations: 

Scope  

A reference is a complete record of the source that has been sought or cited in the paper.  

A citation is disclosing the source within the main body and thus is also referred to as an ‘in-text’ citation. It provides just basic information such as the authors’ names, year of publication, and perhaps the page number if a sizeable quote is provided.  

Placement  

References are listed at the end of the document, on a page having its own title (“List of references”, “References”, “Works cited”). 

Citations are presented within the body of the document where we speak of the ideas or results of the source we are citing..  

Format  

References provide the reader with information such as the authors’ names, the publication date, the title (of the book or article), page numbers, publisher and place of publishing, etc. 

A citation provides less information, such as the last names of the authors and the publication year, such that it does not disrupt the reading flow. 

Both references and citations give credit to the authors whose ideas have been discussed in your work, in addition to supporting or criticizing an argument. This is additionally critical to avoid plagiarism in academic writing (topic for another blog!). 

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Different styles of referencing and citating 

Different academic disciplines prefer specific referencing styles. In business programmes (such as the MBAs, MSc’s), you will often be asked to use Harvard or APA styles, whereas in Law programmes (LLM, LLB) you will most often be asked to use Oxford or OSCOLA. You should always check the programme handbooks and assignment briefs, and in doubt, with your instructor what referencing style they expect for the assignment or academic paper you are writing.   

The references should be regrouped on a new page at the end of the paper. This list gives the complete information to identify and locate all sources used in the paper. There should be a corresponding entry in the list of references for all in-text citations that were used. References typically follow an alphabetical order of authors’ last names but under certain styles the order of appearance will rather be used. 

Among the different styles used by different disciplines, here are the 6 most frequently used styles in writing academic papers, each with a very specific purpose they fulfil: 

  1. APA (6th or 7th Edition) 
  1. Harvard 
  1. Oxford (OSCOLA) 
  1. Chicago 
  1. Vancouver  
  1. MHRA  

The style guides specify the kind of information and how it should be displayed for different types of sources (books, articles, websites, images, ebooks, etc.) – ensuring consistency across not only your work, but across the entire field of study that uses that style. 

At first look, these may all seem complicated, and daunting, but there are tools that can help you manage your sources, references, and citations. 

Graphical user interface, application, Word

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For example, Word has a tool called “Citations & Bibliography” which allows you to enter your sources in a database (“Manage Sources”), to insert in-text citations that are automatically updated if needed (“Insert citation”), and to generate your list of references (“Bibliography”) according to the specific style you need (“Style”). 

External tools also exist, such as Zotero, Mendeley, EndNote, or CiteThemRight – which have pretty much the same functionalities – managing your references with one of these tools will save you a gigantic among of time and effort, so by all means, pick the one that works best for you and run with it. 

Examples 

I promised you some examples, so here goes: 

Harvard / APA styles 

In-text citation 

Saunders, Lewis and Thornhill (2019), or Saunders et al. (2019), when the author’s names are part of the sentence, or (Saunders, Lewis and Thornhill, 2019) or (Saunders et al., 2019) when they are not. 

Reference list entry 

Saunders, M. N. K., Lewis, P. and Thornhill, A. (2019) Research methods for business students. Eighth Edition. New York: Pearson. 

Oxford style (OSCOLA) 

In-text citation 

OSCOLA uses numeric references, with the full reference given in a correspondingly numbered footnote. So, in your text, you would simply put a superscript number by inserting a footnote1 and then the footnote would contain the reference as: 

Mark NK Saunders, Philip Lewis and Adrian Thornhill, Research Methods for Business Students (Eighth Edition, Pearson 2019). 

Reference list entry 

Saunders MNK, Lewis P and Thornhill A, Research Methods for Business Students (Eighth Edition, Pearson 2019) 

Note the difference between the footnote reference and reference list entry – in the footnote, you give the author names in “firstname, lastname” format, whereas in the reference list you give it in “lastname, f.” format. 

If this looks complicated, it is! 😊 Which is why I reiterate my advice to use a reference management tool – whichever one works for you. 

Hope this prepares you well for writing your academic paper or assignments.  If you are stuck or have any questions, our highly qualified, world class faculty will guide you through using the correct methods and techniques for referencing and citations.  

4 ways in which International Business Law affects trade

In the global economy that we live in today, everything and everyone is connected and inter-dependent. The demand for companies to grow multi-nationally has grown exponentially since the pandemic started last year. Internet boom in the late ’90s and 2000s had been instrumental in the dramatic rise in international business. Now, it seems to have exploded manifold.  

The scale and scope of business operations are not limited to one country. While the raw material is procured in one country, it is manufactured or assembled in a different country and marketed and sold in yet another. Businesses have crossed boundaries set by a country’s borders. They operate and thrive on foreign land. It is however not the same as operating in the homeland. Before setting foot on the foreign land and expanding, a business must familiarise itself with the land’s laws, legal system, social and economic conditions, political system, and culture. All these factors have a significant impact on the running of the business and its bottom-line.  

Laws affect every business, whether it is being operated as a ‘brick and mortar store or selling goods/services online. Different countries have different legal systems established to protect the country’s economy and trade and preserve their social, economic, cultural, political environment.

National governments have an important relationship with global businesses. Governments tend to control and manage their trade relationships with an array of policies like taxation laws, tariffs, subsidies, currency controls, import-export policies, free-trade zones, and so on. For instance, China is a Communists government, and the government formulates and strictly controls all business sector laws.

On the other hand, India has a democratic government, and business laws are made to protect small businesses and consumers.

There are three types of legal systems: 1. Civil law, 2. Common law and 3. Religious law. Countries like the United States, India, and Australia use common law systems; Germany, France, and Russia use civil law systems and countries like Pakistan, Middle Eastern countries, Saudi Arabia and Iran operate on Islamic laws. Therefore, it is imperative for any business to fully understand the legal system that it is going to operate in and abide by its rules and regulations for conducting a business.  

Here are four ways in which international business law affects trade and things every business must research well before venturing into the country or region to avoid any failures:  

1.   Taxes  

Taxes take a major cut out of a company’s profits. When it comes to taxes, companies should do their homework well. From how much taxes are levied on the goods and services, manufacturing or selling, to how the taxes should be charged, i.e., either include taxes in the sale price or charge extra tax, the businesses must follow the standards set by the law. Companies like to operate in countries that offer attractive tax regimes with low tax rates on income, capital gains, and dividend income. Singapore, for these reasons, has been one of the most popular locations for companies to set up offices in the country and enjoy its lowest corporate tax rates.  

2.   Intellectual property  

Legalities around intellectual property can be complicated and expensive. Trademarks, copyright, and patents are intellectual properties that every business needs to guard and protect. Countries take extra measures to attract international business by establishing stringent IP protection laws and reducing piracy. Governments across the world have established several acts and international conventions to protect international businesses and resolve issues if any arise. The Paris Convention for the protection of Industrial property, the United Nations Convention on contracts for International Sale of Goods, the Foreign Corrupt Practices Act, the Madrid Protocol, the Singapore Treaty, the Nice Agreement, the Patent Law Treaty and the Hague agreement are a few of the many international treaties formed to protect international business and trade.  

3.   Supply Chain and Infrastructure  

Establishing an effective and efficient infrastructure is the backbone of any successful business. Cheap sources of raw material can help companies to have huge profit margins. International business laws exist that regulate international shipping, export and import duties.  

4.   Labour Laws  

While cheap labour attracts foreign investment into a country, labour laws exist to protect human resources from any exploitation. The textile and footwear industry are among the many industries that have shifted their manufacturing operations to Asian countries that offer cheap labour. The Rana Plaza collapse, an incident in a Bangladeshi factory, happened in 2013 but is still fresh in the memory of many who lost their near and dear ones in this event. The plaza collapsed, killing thousands of its workers due to large structural cracks and poor labour protection laws. The incident stirred up an international movement and led to the establishment of International Labour Law (ILO). The ILO is the source of international labour law that is embodied in its Conventions, recommendations and the documents that emanate from the supervisory mechanism responsible for applying those international labour standards.  

These are a few of the things that any organization should take into account before venturing out into international business. If these legalities are correctly taken care of, legal counsels suggest that companies can maximise their bottom lines and enjoy huge revenues and profits. If International business law interests you or you would like to understand it better, join our one-year Online Master of Laws programme specialising in International Business Law. 

NEWS RELEASE – University of Cumbria’s quality education recognised on world stage

The University of Cumbria’s quality education has been ranked in the top ten of universities worldwide, according to the Times Higher Education (THE) Impact Rankings, the only global performance tables that assess universities’ impact against the United Nations’ Sustainable Development Goals (SDGs).

The university ranked 8th out of a total of 676 participating institutions worldwide and first in the UK for Quality Education SDG, which measures universities’ contribution to early years and lifelong learning, their pedagogy, research and commitment to inclusive education.

In other notable categories, the university’s gender equality credentials were recognised when it came joint 81st out of 547 participating institutions for ‘Gender Equality’ and 69th out of 268 institutions in ‘Life on Land’.

Overall, and as a relatively young university making its first submission to these rankings, it achieved an overall rank in the 201-300 range of 766 institutions, firmly residing in the top 40% of institutions worldwide.

THE believe that universities represent the greatest hope of solving some of the world’s biggest challenges.

The THE Impact Rankings are designed to shine a light on the commitment of universities around the world to making a positive social and economic impact within their communities and globally, through their work towards achieving the 17 United Nations Sustainable Development Goals; from providing inclusive and equitable quality education and promoting good health and wellbeing, to ensuring gender equality and taking action on climate change.

By participating, universities demonstrate the important role they’re playing in championing a better and more sustainable future.

Professor Julie Mennell, Vice Chancellor, University of Cumbria

Professor Julie Mennell, Vice Chancellor of the University of Cumbria, said:

“As a university focused on serving our region’s needs many of the metrics within traditional (UK) rankings do not necessarily reflect our work or involvement within the communities that we serve or the impact we have globally through our local, national and overseas partnerships.

“Given the university’s mission and values, we felt it was important to participate in these specific rankings to more accurately highlight the world class outcomes achieved by our students and staff”

“Against the backdrop of the current worldwide crisis linked to the COVID-19 pandemic, there is an opportunity for universities around the world to collaborate and help to refocus the global economic agenda on sustainable development in its truest sense.

“The University of Cumbria is committed to creating a sustainable legacy and joining our colleagues around the world in championing a brighter and more equitable future”.

Many of the university’s key international partners have come forward to offer their congratulations in response to the news.

Dr. iur. David Costa, Dean, Robert Kennedy College, Zurich, Switzerland said:

“We would like to congratulate our partner, the University of Cumbria, for this outstanding performance and well-deserved recognition. The university’s continuous and relentless commitment to quality education and sustainability in all of their endeavours is an ongoing inspiration to us and our hundreds of international students worldwide.”

Professor Hamzah, CEO, Vision College, Selangor, Malaysia, commented:

“Vision College is proud to be a partner in providing both opportunities and a continuous sustainable effort in this region where we operate. I am confident that our students and staff have reasons to celebrate on your recent success and I look forward towards mutually beneficial outcomes of our collaboration”.

Reacting to the news, Mr. David Chew, CEO, FAME International College, Kuching, Sarawak, Malaysia said:

“The recent achievement of University of Cumbria – being ranked in the World’s Top 10 “Quality Education” (in The Times Higher Education Impact Ranking 2020) – is definitely well deserved, and FAME International College, Malaysia, is honoured to associate with such an esteemed partner.

This achievement highlights the university’s serious endeavours in developing, maintaining and providing high quality education to empower individuals and equip them with the knowledge and wisdom to build a better and more sustainable environment. Well done!”

Hsu-Cheng Chua, Dean of the Office of International Affairs, Shih Chien University, Taipei, Taiwan, added:

“As one of our most valuable partners around the world we are delighted that the university has been recognised for the quality and impact of its education. The University of Cumbria is a popular choice for our students because of the excellent learning environment and the dedicated and fully rounded support they provide. For us, it is definitely the best choice in the UK.”

Dr. Yvonne Klose, Director DAA Wirtschaftsakademie, Dusseldorf, Germany, concluded:

“Great news, and indeed, justified! Our partnership with the University of Cumbria reaches back to 2011. Since then we have been sending cohorts of our business students to the university to accomplish their final year. The students graduate with great results and take on successful careers in various areas of business. This year we will crack the 100 mark of successful graduates within this partnership.”

This is the second edition of the THE Impact Rankings, which launched in 2019, and included 766 universities from 85 countries.

Top of the list was New Zealand’s University of Auckland, while three Australian universities complete the rest of the top four: University of Sydney, Western Sydney University and La Trobe University.

Japan is the most-represented nation in the table with 63 institutions, followed by Russia with 47 and Turkey with 37.

Finally..

Robert Kennedy College is proud to announce that the University of Cumbria Online programmes are now being offered 100% online. Get in touch with our team of admission advisers who can have a look at your profile and give you some advice. Chat LIVE on WhatsApp with our Education Advisor today! Or, if you have already made up your mind, click here to apply.

The University of Cumbria Law ranks 1st in the North West and 8th in the UK!

Yes, you read that right! The Guardian League tables for 2020 have our partner the University of Cumbria Law’s programmes right at the top for the North West region, and 8th in the UK, a few places away from Cambridge, Oxford, and Durham.

England is divided into 9 official regions. North-West England, one of those official regions, consists of the five counties of Cheshire, Cumbria, Greater Manchester, Lancashire and Merseyside. The North West is known as the heartland of the Industrial Revolution and is home to some of the country’s most beautiful landscapes. The third most populated region in the UK, the North-West is also known for its vibrant and diverse culture. It is also the home to our partner, the University of Cumbria, operating from campuses spread across Cumbria and North Lancashire. 

So, what does it mean to be #1? There are 12 institutions (with University status) in the North West England that offer programmes in Law. The Guardian League Tables recently ranked the University of Cumbria as #1 for Law, ahead of the University of Liverpool and the University of Manchester. Cumbria also bags the  #8 position overall in law, competing against a total of 101 institutions nationwide. 

The Guardian League Table ranks the Universities on the basis of several factors that are important to students while making their choices for where to study. These include factors such as how much students benefit from the teaching and how much they like the subject and the University. The University of Cumbria ranked high on these parameters as well with 97% of students satisfied with their course and 95% satisfied with the teaching at the University. 

For our part, we’re making it possible for students from all over the world to join Cumbria’s LL.M International Business Law – with online delivery and a one-week residency in the lake district in Cumbria’s Ambleside campus. 

See the full The Guardian League Tables for 2020.

Download the catalogue for more information about the Online Masters of Law programmes offered by the University of Cumbria and RKC. 

Get to know your University better

ABOUT UNIVERSITY OF CUMBRIA

You must have been looking all over the internet to find a suitable University to pursue your Online Masters. There are several factors you would consider while choosing a University (check out our blog: Choosing the right University). The fact that you are reading this blog is that you either have decided to join Robert Kennedy College (RKC), or are looking for more information. It is natural to be intrigued and yearning to learn more about the University of Cumbria and Robert Kennedy College offering the Masters programmes and understand the partnership between them. This blog is a one-stop shop for all your questions.

The University of Cumbria has a long history behind its existence. It was formed in 2007 by the merger of St Martin’s College, Cumbria Institute of the Arts and University of Central Lancashire’s Cumbria sites, operating from campuses spread across Cumbria and North Lancashire. It may be a relatively new university, but is steeped in history dating right the way back to 1822. The University is continuing to grow, expanding in geographical terms as well as academic scope. The University focuses on to enrich students so that they can realise their potential and achieve life-changing outcomes. UoC has come along way since 2007 and has achieved laurels in various fields; which ranks it as one of sought-after universities.

New Vision: Confidence and consistency; the words that Geoff Donnelly uses throughout his first interview as chairman of the board of the University of Cumbria. The Chairman says, “My task is to ensure we continue to have the leadership and strategy necessary to achieve our goals. He added: “We’re still a new organisation but recent achievements such as 35th in the WhatUni sector rankings, graduate employment results which place us in the top half of the sector, coupled with contracts with Rolls Royce and the growing reputation of our Project Academy demonstrate both our progress and our ambition.

Excelling in Women Representation in Business: In 2009, UoC was one of the eight organisations in the northwest to be awarded the Women’s Business Centre Quality Standard.

Creating International Partnerships: The university welcomes students from Robert Kennedy College, who it partnered with for their MBA Awards in 2010.

IFLAS: UoC in 2012 launched an Innovative Institute for Leadership and Sustainability (IFLAS) at Ambleside Campus.

Award Winning University: The University received two Times Higher Education Leadership and Management Awards; Outstanding Student Services Team and Outstanding Finance Team in 2014.

UoC hosts 2018 UN World Investment Forum: The Institute for Leadership and Sustainability (IFLAS), based at the university’s Ambleside campus, gathered experts to discuss the underlying technology that powers cryptocurrencies such as bitcoins known as blockchain.

MoU with Chinese Government: “The Chinese Government clearly sees the modernisation and the creation of Chinese internationally credible vocational education system as fundamental to the success of the Belt and Road initiative,” Prof Gale said. “We signed fourteen Memoranda of Understanding – a clear indication of the value of the trip and a sense that the Chinese really want to do business with the University of Cumbria.” Forestry was the prime area where University found favour.

University receives power to Award Research Degrees: In March 2019, The University of Cumbria has been awarded Research Degree Awarding Powers (RDAP), which will allow it to grant research degrees such as doctorates for the first time since the university’s formation in 2007. This achievement comes after more than 18 months of rigorous and in-depth assessment by the Quality Assurance Agency.

Last but definitely not the least; Campus within a National Park and UNESCO World Heritage Site: The University has campuses in Carlisle, Ambleside, and Lancaster and a specialist centre in London. At Ambleside Campus, nestled in the heart of the Lake District, you get to witness 912-square mile picturesque patchwork – with more than 150 high peaks and 16 lakes. Visit the campus for the One week Compulsory residency or for your Graduation Ceremony.#Ambleside is one of the favourite places to start a walk, according to data from the Ordnance Survey Ordnance Survey . https://bbc.in/2TK8UWs

Its the famous saying that ” A man is known by the company it keeps”. Same is true for the University you affiliate yourself with, for the highest level education. This blog gives you the insight of the history, present and future of the University. The University of Cumbria is fully recognised by the British Government and duly listed on the United Kingdom’s Department for Business, Innovation and Skills list of recognised UK awarding institutions.

Still have questions? Talk to our academic advisors today!

Are you a suitable Master’s applicant?

As a former education advisor, this is one of the most frequently asked questions, I heard from potential applicants: ‘what is the admission criteria of the University’; ‘do I qualify to apply for the programme?’; ‘what is required in the statement of purpose?’. So, here are answers to all your questions. I aim to write this blog as a two part series; the first part, unravelling the admission and qualification requirements. And the second part would focus on what an ‘ideal statement of purpose’ should include.

Reflection session

Reflection session

As a student, I am sure you all do your homework well in researching about the University you would like to apply for the Masters’. You would like to enrol with a University that is accredited, offers wide choice of courses of your interest, competitive fees, great student support, an excellent alumni network; in short the best university according to your requirements. Similarly, University also looks for the best talent; students that can academically outshine and cope the challenging pace of Online Masters; their potential contribution to the programme and the fellow students. While no one factor can be a sole deciding factor, however all the aspects put together constitutes a successful application. Therefore, you can impress the admission officers with one, all or a mix of these following aspects:

  1. Academic excellence: This is the basic, first and foremost factor that all the universities would look at. Your previous qualification forms a basis for your Master’s degree and to a great extent an admission criteria. Many universities consider this as an elimination factor, to select the qualifying applicants. For RKC Online Programmes, minimum qualification is an honours degree at 2:2 or above. **                                                            
  2. The chosen subject – Your interest and passion towards the course: You must demonstrate your background in line to the chose Masters subject and your passion towards it that goes above and beyond what is required in the classroom. Perseverance is the key quality that that will get the attention of the admission committee.
  3. Work Experience: The Online Masters’ with its flexibility has become increasingly accessible to the working professionals. The working professionals bring a lot of real life experience on the table and enrich the programme value with their contributions. Hence, the number of years of experience of your resume will have a positive impact on your application. RKC has a minimum requirement of 2 years of work experience.

    RKC Alumni and MeetVibe founders – Mircea Baldean and Carol Aebi, joined by co-founder Gabriel Paun (left) at Web Summit 2017

  4. Ability to think, work independently and time management: While the Online programme offers flexibility and ease to study from anywhere in the world; it can be quite challenging to manage the study, assignments, work life and personal life. It could be quite a juggle. The university expects you, as a Masters student, to be able to efficiently manage the requirements of the programme.
  5. References: References are an important part of your application process. A reference could be your academic or professional references. Though professional (most recent) are considered to be the most favourable. A reference can tell a lot about the applicant :  maturity, character, leadership, self-confidence, warmth of personality, concern for others, and grace under pressure.
  6. Ability to work in groups: Ability to teamwork is important as well. Most of the course through RKC is conducted online with independent assignments to be submitted online itself. Some part of the modules taught in residency week require group discussions and assignments to be submitted on the basis of such group work. This ability will be reflected in your previous qualification or work experience (as team player or manager) or extra curricular activities. 
  7. English Language Ability: Since the course is fully taught in English, you will be evaluated for your English language skills, through various aspects – how well your resume is penned; formulation of the statement of purpose; verbal communication skills evaluated by education advisor. For admission with RKC, minimum requirement is: English language at IELTS 6.5 (minimum of 5.5 in each component). (This requirement could be waived, depending your previous qualification or experience in English speaking work environment- reference required –speak to our education advisor today for more information).
  8. Statement of Purpose: SOPs have increasingly become one of the most important deciding factors when evaluating an admission application. Its the summary of your past achievements and an insight of how motivated are you going forward. (more details on the next blog.. watch this space :))

 

Now that you have the insiders view of the application requirements, do not delay any further! Apply for your online Masters’ MBA and LLM and Online MSc programmes today and get started for the next intake.

 

 

**Applications are considered from candidates who do not meet the formal entry requirements but can provide evidence of equivalence. Examples of equivalence are:

  • A wide range of professional qualifications and/or work experience.
  • Working or studying in English or an English-speaking environment.

Applications will be considered from candidates who do not meet the formal entry requirements but who can demonstrate by interview the commitment to complete the programme successfully.

 

 

 

Advantages of pursuing Master’s from RKC

You may be at that realm of your career, where you want to take the next big leap. Whilst you prepare yourself for that next step, there will be few aspects of going back to studies for higher education that might worry you. You have a full time job that you cannot interrupt; cannot put your life on hold; or be away from your family and finances are limited. Thankfully in the 21st century, we have solution to all your concerns – Online education! Distance education is the solution to the exacting need for education of those who cannot commit to classical student life.

 

 

British education is known around the world for its high quality and many people dream about graduating from a UK university. Nowadays, this dream is much easier to fulfil than you may think. But it is crucial that you attach yourself with a University not only with good repute but the one that also meets all your parameters. While there are numerous universities offering Online programmes, RKC is unique in providing Swiss quality education at the comfort of your homes. Let me enumerate the advantages of doing Master’s with Robert Kennedy College here to aide your decision making:

  1. Worldwide RecognitionThe College pioneered Swiss quality online learning with the programs offered being recognised globally. The Master’s courses are held in partnership with the University of Cumbria, University of Salford and York St John University and are recognised worldwide, accredited and respected.

         

2. State of The Art Technology                                                                                                                                                            

In our commitment to providing state of the art services to students, we use cutting-edge software that is tailor made for online course delivery. OnlineCampus is an all-encompassing interactive and easy-to-use software which makes studying online a truly enjoyable experience.

3. Flexible, from Anywhere                     

Monday morning hellos

A week of exchanges and meeting new people

You are not required to be online at a specific time. The                introductory module familiarises you with the programme design, requirements and resources, as well as with the way online interaction, learning and grading will take place.You take up the course at your own pace from comfort of your home or while travelling for work.

4. One Week Residency 

The one-week residency represents a unique opportunity for students to combine their online learning experience with a traditional classroom environment. You have the unique opportunity to build a global network of business professionals.

5. Master’s without Bachelor’s

We welcome applications from students who may not have formal/traditional entry criteria but who have relevant experience or the ability to pursue the course successfully. Contact our advisor today for your eligibility evaluation.

 

6. Multiple Intake dates

With offering of several intake dates in the year, you have the          freedom to decide when you would like to start your Master’s.

 

 

 

Let us know if you have any questions, we are here to help!

 

 

Congratulations to New UoC Graduates!

It has been an exciting week in Cumbria! Last week, the 3-day Graduation ceremony at Cumbria saw over 2000 students graduating from a wide variety of courses. It’s been an incredible week for all at the University of Cumbria. Each and every graduate would go on to achieve amazing things in their lives and careers.

 

 

Proud Moment!

The long awaited Walk..

 

 

Cheers!

 

Proud family and friends gathered around to cheer the recent graduates, brimming with joy and pride! Their long and enduring hours of tirelessly studying towards their goals, ultimately manifesting into the reality of the degrees and diplomas in their hand! There were bouquets of flowers that some carried into the arena. But mostly, there was an arena full of pride that emulated from grandparents, parents, siblings and cousins as diplomas were handed out.

              

Truly Diverse and an amazing Social Network of Graduates from all over the World

                  

 

We’ve been so happy to see our students graduate. However, they all started with the same step – applying to university.

Are you willing to take the ‘Risk’?

Every business faces risk. These risks present potential threat to the success of the business. Risk is defined as a probability or threat of damage, injury, liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities, and that may be avoided through preemptive action. 

What I found interesting, is the next part of the definition of Risk here: Risk is not an uncertainty (where neither the probability nor the mode of occurrence is known), a peril (cause of loss), or a hazard (something that makes the occurrence of a peril more likely or more severe).

So Risk is not an uncertainty and it can be avoided with preemptive action. This is where Risk Management in business comes into play!

What is Risk Management?
risk man·age·ment
noun
(in business) the forecasting and evaluation of financial risks together with the identification of procedures to avoid or minimize their impact.

 

Risk management is a proactive process for resolving problems before they occur. It focuses on identifying what could go wrong, evaluating which risks should be dealt with and implementing strategies to deal with those risks. Businesses that have identified the risks will be better prepared and have a more cost-effective way of dealing with them. Risk management is the practice of using processes, methods and tools for managing these risks.

 

A risk management process is pretty simple and involves following steps:

  • Identification of the risks (there are several kinds of risks: strategic, compliance, financial and operational) surrounding the business  activities
  • assessing the likelihood of an event occurring
  • planning the framework to respond to these events
  • implementation of the plan of action as necessary
  • monitoring the effectiveness of your risk management approaches and controls

 

There is another interesting aspect of Risk Management : Apart from assessing the effect of the negative; It’s also about managing the positive outcome of risk: opportunity. More and more businesses are now focusing on harnessing the ‘opportunity’ for their strategic success.

Our Online MBA Risk Management caters to the demand of specialised risk managers in the global business arena. It explores the range of concepts and functions of risk management and associated practices within the business sector. Download the catalogue to learn more about the programme and the enrolment process

 

Fear of Failure

In life, on several occasions, the real-world situation unfolds in an entirely different manner than what we are advised or we envision it would. We are taught to be leaders, be confident and be certain of every action we take. Of the several traits and qualities of being a competent leader, we are taught to be fearless. However, the fear of failure is an all-pervasive part of the human psyche. Failure is defined as the ‘lack of success’. Lack of which induces a feeling of paucity, in turn further inducing the ‘fear of failure’ in the future endeavours.

“Failure is so important. We speak about success all the time. It is the ability to resist failure or use failure that often leads to greater success. I’ve met people who don’t want to try for fear of failing.” – J.K. Rowling

Fear can adversely affect one’s ability to do things, confidence  and willingness to face any challenges that arise. We are afraid of deploying any ingenious methods, stemming out of the reluctance of taking even minor risks. We fear not only of the outcomes, but also of the deemed image; especially when one is at a leadership position.

“Failure isn’t fatal, but failure to change might be” – John Wooden

Fear cripples the progress and creativity. Change is inevitable and one must embrace the change and advance with valour. First, we must create an environment in which failure is not ridiculed or shamed but encouraged. Teams should strive for a culture rooted in trust because it grants the members a greater capacity for innovation

 “It’s failure that gives you the proper perspective on success.” – Ellen DeGeneres

 

Second, we must not be risk-aversive. Once we are surrounded by those who are more accepting of failure, we can encourage and pursue taking risks early. Fail hard, and fail fast.

 “When you take risks you learn that there will be times when you succeed and there will be times when you fail, and both are equally important.” – Ellen DeGeneres

By taking risks early on, we contrive plans to embrace larger repercussions, and the confidence bolstered in those unconventional decisions, results in greater achievement.

Reflection session

Reflection session

Now taking risk not always commensurates to the need of the hour. Planning the ‘next step’ and thinking ahead is vital. Risks come with only a chance of success, and sometimes the odds are not in our favor.

 “You build on failure. You use it as a stepping stone. Close the door on the past. You don’t try to forget the mistakes, but you don’t dwell on it. You don’t let it have any of your energy, or any of your time, or any of your space.” – Johnny Cash

We can instead redirect our efforts on what to do next. We encourage this outlook to prevent plateauing personal growth with negative emotion, which also has a high chance of affecting the team’s performance and our future level of contribution.

Finally,

“Failure should be our teacher, not our undertaker. Failure is delay, not defeat. It is a temporary detour, not a dead end. Failure is something we can avoid only by saying nothing, doing nothing, and being nothing.” – Denis Waitley

 

Do not let fear come in your way to advance your studies. Talk to our advisor today about the courses offered online and get your customised study-plan.