Davos 2022 Day 2: Accidental collisions

Davos, Switzerland

One of my greatest joys as an educator is to hear how my students have gone out to create and build. At the Hub Culture Pavilion, our venue partner for Davos, I ran into former student Nathalie Kazzi, now working in the blockchain space. COVID removed a number of those accidental collisions so it was nice to have an unscripted encounter.

The first of our three Imperial College Business School sessions was on “Delivering AI Ethics”, presented in collaboration with SwissCognitive. We had a vibrant salon-style discussion and ended up reaching some common conclusions about the need for elements such as transparency, universality, ethical AI literacy, and inclusiveness. 

The day rolled on with several chance encounters, which is always the joy of this particular event. You never know who you’re going to run into while walking down the promenade. My impression this year is, particularly given the odd timing of a summer Davos, the traditional industrial crowd were many fewer in number. So the balance of the crowd weighed much more heavily towards Web3, tech startups, governmental delegations, and a sprinkling of the IBMs and Mastercards of the world (perhaps not accidentally, incumbents who are leaning more heavily into technology innovation).

I had a delightful chat with my annual discussion partner, Edie Lush; a light and spirited conversation spanning ethical AI, “ethics washing”, and identity security in Metaverse.

After having a Wienerschnitzel at the beer garden set up across the street from the Blockchain Hub, I migrated back to Imperial College Business School headquarters at Promenade 93 for our dinner event. Of course, the skies opened up just before we were supposed to start and everyone was delayed, but eventually we got underway with a raucous and spirited salon-style discussion about what digital assets are actually worth, and what kind of regulatory intervention should take place. Several notables made an appearance, including some high-level governmental and non-governmental types. 

Consensus appeared to be that better industry advocacy was needed along with greater Web3 literacy - within large financial institutions as well as the broader retail market. I ran into one of our participants the next day and she mentioned she had picked up the conversation started at dinner and was continuing to press ideas forward – exactly the kind of momentum we were looking for.

We tied off the evening with the migration of a Davos institution, the Chivas whisky bar, from its old home at the Aberdeen Standard site over to our base at the Hub Culture Pavilion

For me, that wrapped up most of my focus on the Web3 and AI. The rest of the week, I will be delving into the Metaverse.

Headshot of David Shrier, Professor of Practice

About David Shrier

Professor of Practice, AI & Innovation; Director, Centre for Digital Transformation
David Shrier is a Professor of Practice, AI & Innovation at Imperial College Business School. His latest book, Augmenting Your Career: How to Win at Work in the Age of AI was recently published by Little Brown.

David is a member of Imperial's Centre for Digital Transformation, and leads both the Translational AI Lab (TRAIL), applying trusted AI solutions to problems of business, government, and society, and the Institutional Digital Assets Project, helping organisations understand and adopt digital assets such as crypto.

You can find the author's full profile, including publications, at their Imperial Profile

Davos 2022 Day 1: Staying ahead of the shark

Mountains overlooking Davos, Switzerland

As we showed up for the summer camp edition of Davos, I was struck by the incredibly beautiful weather. Yellow flowers bloomed against fields of green, in sharp contrast to the typical snowy slopes that we were accustomed to.

Imperial’s host venue for Davos 2022 is Hub Culture, a global community of innovators. And indeed, at the opening dinner on Sunday night I sat next to Bill Gross, one of the most prolific entrepreneurs in recent history with over 200 startups, and over 10 unicorns, as well as the proud father of a recent Imperial College Business School graduate. And I chatted with Dr Mandeep Rai, author of The Values Compass. Stan Stalnaker, founding director and Chief Strategy Officer for Hub Culture, spoke of intentionality and transcending from obligation to privilege.

It’s too early to detect themes from this year, but my preliminary impressions suggest a thread of renewal and rebirth. People have told me Davos has “jumped the shark” each of the seven times I’ve gone, and yet it soldiers on. 

My conversations with the tastemakers and creators of the future have been infused with essential optimism. In preparing for our trifecta of experiences on Monday, spanning from artificial intelligence to a celebration of life, I feel a sense of great hope.

Headshot of David Shrier, Professor of Practice

About David Shrier

Professor of Practice, AI & Innovation; Director, Centre for Digital Transformation
David Shrier is a Professor of Practice, AI & Innovation at Imperial College Business School. His latest book, Augmenting Your Career: How to Win at Work in the Age of AI was recently published by Little Brown.

David is a member of Imperial's Centre for Digital Transformation, and leads both the Translational AI Lab (TRAIL), applying trusted AI solutions to problems of business, government, and society, and the Institutional Digital Assets Project, helping organisations understand and adopt digital assets such as crypto.

You can find the author's full profile, including publications, at their Imperial Profile

Make your ideas a reality at the Advanced Hackspace

Advanced Hackspace Demo day at Imperial College London

You’ve had that bolt-of-lightning moment of inspiration and formed an idea. What next?

That’s where the Advanced Hackspace comes in. The Advanced Hackspace is Imperial’s prototyping hub, based on the White City Campus. Three purpose designed prototyping and fabrication workspaces, a team of Hack Fellow experts on hand to support, and all the latest equipment to bring your ideas to life.

Hackspace is a community like no other. We bring together inventive minds from all backgrounds, disciplines and levels of expertise to collaborate, experiment and innovate. All in the name of making amazing things happen!

And you can be a part of it. For free!

Hackspace members range from complete beginners who have had their first idea to seasoned makers. Some use our facilities to finish their end of year project, others might be right at the beginning of their journey and are doing all the research and developing of an early-stage prototype. For those new to the prototyping journey, the Hackspace offers a number of courses, workshops and one-on-one mentoring from our Hack Fellows.

So, if you’re looking for somewhere you can put your theories to the test and take your idea or research to the next level – look no further.

The Advanced Hackspace
The Advanced Hackspace

Explore the Advanced Hackspace (in 3D)

Three purpose designed prototyping and fabrication spaces developed to complement each other and accelerate multi-disciplinary prototyping, making and collaboration.

The Hackspace is divided into three distinct areas, and nowhere else on Campus can you find all these facilities under one roof:

  • Electronics and Digital Manufacturing Workshop
  • Biochemistry Lab
  • Mechanical Workshop

You can find out more about some of the facilities and equipment in our spaces, by clicking on the red dots, referred to as ‘mattertags’.

Click here to explore.

Horizons Prototyping modules taking place at the Advanced Hackspace at the White City campus.
Prototyping taking place at the Advanced Hackspace

Coworking and Learning Zone

Our coworking and learning zone open to all students from 10am-6pm. Hot desks to get some work done or organise meetups for group projects.

Explore all of the facilities on offer at the Advanced Hackspace.

Advanced Hackspace co-working space
Coworking and learning space at Advanced Hackspace

Events, Programmes & Support

LevelUP Workshops

We are big believers in learning by doing, so whether you are looking to build your digital design skills and bring your ideas to life in 3D or want to learn how to code in 2 hours and programme like a pro or master the basics of electronics and learn how to design your own electronic circuit board, we’ve got you covered. This is a regular series of pick and mix style introductory workshops designed to boost your technical know-how and help you learn some of the practical skills, tools and approaches involved in prototyping at the Hackspace.

Hackstarter

What would you do with a boost of £500 for you next big idea? Hackstarter is designed to turn your inventive and entrepreneurial ideas and make them into a reality, with a cash boost to get off the ground.

Hack Surgeries

We host weekly Hack Surgeries for support and guidance to get your ideas off the ground! Whether that is troubleshooting support, feedback and advice, or just a friendly sounding board if you have some ideas but are not sure where to get started.

Further information about the Hackspace and updates on activities can be found at imperialhackspace.com. Stay up-to-date by joining our mailing list or check out the Hackspace on Instagram. If you have questions for the team you can email advancedhackspace@imperial.ac.uk

You can also visit the Entrepreneurship Portal to discover all of the entrepreneurship support on offer across the whole of Imperial.

Want to learn more about innovation and entrepreneurship at Imperial?

IB Career Club of the month: FMCG, Luxury & Retail Club

FMCG, Luxury, & Retail Career Club Committee 2022

Imperial College Business School supports a variety of student-led Business School Clubs that aim to bring together both MBA and MSc students with shared interests, values, career aspirations and backgrounds. There are currently 16 different Careers Clubs at the Business School spanning a wide range of interests. The Careers Clubs provide students opportunities to expand their network, gain valuable industry insights, build links with employers.

Our third IB Career Club of the month is the FMCG, Luxury and Retail Club! Candidate Experience Manager Ollie Waite sat down with President, Michelle Tang to discuss the clubs activities and mission statement.

Ollie: Thank you for taking the time to meet with me to discuss everything FMCG, Luxury, and Retail. FMCG of course stands for fast-moving consumer goods, for the purpose of moving fast I will abbreviate you to FMCG Club. For those who may not know what the club is about, could you tell us about your mission statement?

FMCG: The vision of the FMCG, Luxury & Retail Club is to be the student-led organisation that brings inspiration and trends via quality events and active engagement with our members, who have a shared passion in the sectors. The club facilitates exchange between students and companies, bridging the gap between academia and practice.

With our industry knowledge and connections, the club is devoted to delivering the best experience possible to our members, including newsletters on industry opportunities and skills to succeed in the dynamic FMCG/Luxury/Retail sectors under the T-E-C framework:

Strategic watch on Trends, Active member Engagement with visibility, Close industry partnership & connection

Ollie: That’s a very clear and concise vision, and great to hear that your members are at the heart of that. How have are you putting this into practice, what activities have you run?

FMCG: We have run presentations where companies discuss a relevant industry topic of their choice and inform students about entry opportunities, panel discussions where companies (such as L’Oreal, Kraft Heinz, Tesco, LVMH) exchange ideas with students and other companies about industry-specific trends and developments. We have also run workshops, competitions, and hackathons – we got companies involved and held competitions to solve a relevant business case in groups that then pitched to a panel of judges made up of leading industry practitioners.

Michelle Tang, President of FMCG, Luxury & Retail Club
Michelle Tang President FMCG, Luxury & Retail Club

Ollie: Very nice, it’s good to make some of these activities interactive so I love the use of hackathons, competitions, and panels! Who do you have sitting on your Club Committee putting all these things in motion?

FMCG: Our FMCG, Luxury and Retail Club Committee is made up of:

Ollie: Collectively, what would say is your proudest achievement as a club?

FMCG: On top of the increasing number of club members (202 in total) which we are engaging every month through our exclusive industry events, one of the greatest achievements we had is to collaborate with other Careers Club to host events with shared passions and interests. Earlier this year, we organised a cross-club online event with Energy & Sustainability Club around best practices to drive sustainability in retail. The event was well received with positive feedback and excellent engagement with our virtual audience. Around 90 members signed up with a 65% turnout rate. As one of the IB Career Clubs, it’s important not to work in silos, but to understand the needs of members and deliver innovative topics with shared interests.

"As one of the IB Careers Clubs, it's important not to work in silos, but to understand the needs of members and deliver innovative topics with shared interests. We've made a lot of connections with each others and companies that I hope will be long lasting relationships."
Michelle Tang, President of FMCG, Luxury & Retail Club
Michelle Tang Full-Time MBA 2021-22

Ollie: We love anything that brings people together for a cross-disciplinary approach, so I’m happy to hear you’ve collaborated with other clubs. If someone were to join the club, what can they expect?

FMCG: Members of the club can get first-hand information on potential opportunities in the sector, industry events hosted by partner business schools, weekly social media updates on the latest trends and developments, as well as a monthly newsletter on exclusive insights, a recap of previous club events in the FMCG, Luxury & Retail sector. They can also sign up for all club events, including panels, spotlights, and hackathons and connect with industry professionals and students.

Ollie: As we look towards the end of the academic year, what else have you got planned as a club?

FMCG: Highlight for the rest of the academic year will be our 1st Hackathon with sustainability as the key theme: Re-imagining Sustainable Retail. This is a student-led conference with support from the Student Life team at Imperial College Business School.

Our mission and vision for the 3-day conference are to 1) Increase students’ awareness of SDGs (Sustainable Development Goals), 2) Exchange ideas with business leaders in retail sustainability initiatives, and 3) Unleash creativity in reinventing solutions to solve the world’s pressing issues. There will be keynote speeches, panel discussions, workshops and competitions from leading industry practitioners and partner business schools.

Ollie: To draw us to a close, what would you say to a future student considering joining one of the IB Career Clubs?

FMCG: If you have a passion or interest in any industry, sector or region, joining one of the IB Careers Clubs is the best choice you will ever make. Connect with like-minded students and working professionals with shared passions as yourself, you will be able to broaden your professional network and gain insights into the latest trends and happenings in the areas of your interest! This will also be another benefit to showcase to your future employers that you are on always on top of the industry developments!

Follow the FMCG, Luxury & Retail Club on InstagramLinkedIn, and Facebook. Don’t hesitate to reach out for more information! You can contact them via ibfmcg-luxury-retailclub@imperial.ac.uk if you have any questions.

Want to learn more about life at the Business School?

Ollie Waite, Candidate Experience Manager

About Ollie Waite

Enrolment Manager
Ollie currently works in the Recruitment & Admissions Team as Enrolment Manager. He has worked at Imperial College Business School since 2018 and currently works across all MSc, MBA, and undergraduate programmes.

Hybrid and remote working require a shift from managing to leading

Hybrid working graphic

One of the things that drives employees crazy is a boss who micromanages them, yet it is still common practice from the C-suite down. Micromanagers parse their role in terms of two main functions, direction and control, and believe they add value by getting involved in everything.

Not so, says Frans Campher, CEO of Integral Leadership Dynamics, who has over 20 years’ experience in executive education, leadership development and as a business coach for senior blue-chip executives. In his view those who hang on to the direct and control model of people management are going to struggle to bring employees with them in a hybrid working environment.

Campher, who is also a visiting fellow and director of the executive education programme at Imperial College business school in London, says companies are only beginning to realise the scope of the challenges posed by hybrid working and that the consequences, good and bad, won’t really become apparent for another two years. In the meantime those that want to thrive will need to transform from organisations that manage people to organisations that lead them.

“What’s not going to work is managers who feel they have to control the heck out of everything, and who see hybrid as a loss of control,” he says.

“I actually find it scary that technology providers are saying we can build programmes so you can monitor your people. This completely misses the fundamental point that if you treat people as adults, they will show up as adults. If you set high expectations and ask for their input into those expectations, they will come to the party and give you discretionary effort.”

What’s not going to work is managers who feel they have to control the heck out of everything, and who see hybrid as a loss of control

Side effect

Campher notes that one of the common side effects of climbing the corporate ladder is selective amnesia.

“Someone lands a promotion and suddenly thinks they have to control everything,” he says. “They forget that when they were being led, they appreciated their freedom and being seen and heard. They also appreciated knowing that their ideas mattered, as did the opportunity to grow and develop.

“I think creating the culture and conditions that allow people to do their best work is going to be the biggest challenge of hybrid working, not trying to control their every move.”

At its simplest leading is about being, whereas managing is about doing. The typical focus of managers is the nuts and bolts of daily tasks such as budgeting, planning and organising. By contrast, leaders deal more in strategy, developing the organisational culture and motivating and inspiring those around them to keep the show on the road.

However, the transition demands more than a change of job description. It’s about recognising that now more than ever companies need leadership and organisational agility that’s equal to the growing complexity of the business environment.

I think creating the culture and conditions that allow people to do their best work is going to be the biggest challenge of hybrid working, not trying to control their every move.

Types of leader

An agile leader is someone who can operate on more than one level. In Campher’s view, it demands the ability to operate on three and the skill to combine them. He describes these three levels as expert leader, achiever leader and catalytic leader.

“As an expert leader, I’m very good at command, control, directing, planning and organising. I have one-to-one relationships with the people I work with but I don’t create a cohesive team,” he says. “An achiever leader is one who starts to work through others and builds a team.

“An expert leader will look at the next two to three months and will deal with the urgent things in front of them. An achiever leader probably has a one year horizon, they use the team more effectively and have some organisational mission and purpose. The next level up is the catalytic leader, whose job is no longer to command and control in the short- term but to totally embrace the enterprise view of the business.”

The majority of leaders fall into the expert or achiever categories, with catalytic leaders, who know how to influence, work with stakeholders and lead change, much thinner on the ground. What Campher tries to do through coaching and executive education is help people lose their direct and control mentality and see the bigger picture.

He calls it filling the “expansion gap” and he doesn’t underestimate the shift in identity this requires, pointing out that when you ask someone who has spent their career micromanaging to stop doing so, they often panic because they don’t know what to do instead.

Catalyst

“It’s asking people to accept that they are no longer the expert driving their particular function, but someone who catalyses the whole culture of an organisation,” he says. “However, you often have leaders that don’t understand this third piece. It’s not that they only hang out there. Rather they have the range to be an expert, an achiever and a catalyst and can shift up and down depending on what’s required.”

To make it easier to understand the process of moving from managing to leading, Campher draws on the work of Benjamin Zander, orchestral conductor and author of the Art of Possibility.

“Zander has a TED talk on the transformative passion of music and he talks about leaders needing to make the shift from playing an instrument to becoming the conductor,” he says. “The job of the conductor is to create shiny eyes in the orchestra so that there are shiny eyes in the audience. That’s a wonderful metaphor to use for leaders too: I need to become a ‘conductor’ who creates shiny eyes in my people.”

This article was originally published on The Irish Times.

Male and a female

Leadership in a Technology Driven World

Imperial Leadership in a Technology Driven World Programme is a five-day immersive course that equips participants with the skills to lead their teams through the digital age.

Why should you study a Weekend MBA?

Two Imperial College Business School students smiling

What is a Weekend MBA?

The Weekend MBA at Imperial College Business School is a part-time programme that combines one weekend of study every month (Friday to Sunday) at our London campus with independent study. The programme offers the same management expertise and career prospects as a traditional MBA, so despite the part-time route, it will be transformative for your career trajectory.

There is no one-size-fits all for an MBA. A career break and full-time study doesn’t suit everyone; whether that’s because you love your job, don’t want to pause your career progress, or forgo your salary for one to two years. That’s where the Weekend MBA comes in.

Who is the part-time Weekend MBA for?

Weekend MBA students join the programme to create impact and accelerate their careers. Our class of 2022-23 students have an average of seven years of work experience, however, the entry requirement to join the programme is three years of consecutive experience, so it’s a great pathway into management for those who are early on in their career. The average age of a Weekend MBA student in the 2022-23 class at Imperial College Business School is 30-years-old.

Of our class of 2020 graduates, 70% changed roles during or within four months of completing the programme, over 50% moved to another organisation and 34% of these students successfully changed sectors. This shows that the Weekend MBA is a great option for those wanting to grow in their own company, move organisations or even transition into a new sector.

What are the benefits of a part-time MBA?

1. Bring your experience to the classroom

A significant amount of work experience under your belt provides an endless amount of value when you re-enter the classroom for the MBA. It may have been a few years since you last studied, but in the meantime, you have built a wealth of experience from the first few formative years in your career. Combine this with a class of other ambitious working professionals from a wide range of industries and the insight you will generate is limitless. You will look at business challenges through a lens of lived experience and be able to demonstrate this value when tackling discussions in the classroom.

2. Make an impact in your organisation

One of the unique benefits that part-time study, like the Weekend MBA, offers is the ability to create an immediate impact at work. You can take your learnings from one weekend and start applying them to your job the following Monday. Not only does this increase enjoyment in your role, as you start to see opportunities and challenges in a different light, but your organisation will notice the positive impact you are making too. This is crucial when leveraging a promotion or new position. If you have gone down the corporate sponsorship funding route, you will be demonstrating the value of your company’s investment.

3. Study around family commitments

Part-time programmes offer the benefit that they are, indeed, part-time. This means that while there is a lot to squeeze into your diary, the main bulk of studying occurs on one weekend. Therefore, the remaining three weekends of the month are free for you to balance personal study time with your family and social commitments. While sacrifices may need to be made in some areas, studying an MBA doesn’t mean you have to give up on everything outside of study altogether.

Why make the commitment while you work full-time?

The decision to study an MBA is an investment in yourself. If you want to make strides in your career while still getting to experience life as an on-campus student, then the Weekend MBA might just be for you.

Time management is crucial to making part-time study viable, however, with the support of the Business School, your work, family and friends, there is no reason why persevering with your goal to do an MBA isn’t achievable.

Want to learn more about the Weekend MBA?

The path to your business future: LEADS (Leadership, Ethics, Awareness, Diversity, Society) on Imperial’s Full-Time MBA

Careers tutor writing on whiteboard

Developing well-rounded leaders of the future is an integral part of the Imperial Full-Time MBA.

Supported from the minute you accept your offer, to your first day with us in leafy South Kensington, you’ll experience and investigate every element of leadership during your time on the programme, with the aim of learning not only what it takes to be successful in this area, but how your personal skills, attributes and experience can be developed into an effective and unique leadership style.

New for 2022, and an integral part of your leadership development, the LEADS module (Leadership, Ethics, Awareness, Diversity, Society) starts from your very first month and runs for the duration of your MBA. This core element of our Full-Time MBA is designed to offer a deep dive into the fundamentals of modern business leadership and the factors that influence one’s ability to make effective, ethically reasoned decisions at the highest level.

By forensically assessing your own attitude and interactions alongside the broader societal context in which impactful decisions get made, you will develop a practical understanding of leadership, alongside a toolkit of skills in each of the areas that make up the module acronym:

Leadership – building a skillset using the foundations of management by putting theoretical learnings into practice. Become a leader who delivers results in a responsible way and earns the respect and gratitude of their colleagues.

Ethics – understanding the importance of values and the effect that our personal values can have in driving our decisions. Learn how to make incisive decisions that make a positive impact while still aligning with your values

Awareness – developing a deeper sense of self and how you interact with others, including a look at the importance of maintaining physical and mental health to continue being an effective and reliable leader.

Diversity – learning how to work, manage, and lead as part of a diverse workforce. Understanding how individual differences can drive innovation and productivity when harnessed respectfully.

Society – harnessing the innate interdependencies that businesses have with the broader societal and environmental landscape in which they operate, using this knowledge to develop ideas and strategies that can help solve the challenges we all face in these areas.

The LEADS module is supported by our long-standing Personal Leadership Journey, which will help you to unlock your leadership potential by identifying your individual strengths and areas for development in terms of your leadership capability and professional effectiveness.

Combined with the support of your personal careers consultant, you’ll have the opportunity to network and interview with prospective employers, build valuable relationships with senior alumni, and expand your knowledge with reflective exercises and assessments to define your goals and get continual feedback.

The combination of LEADS with the wealth of knowledge and experience to be gained on the Full-Time MBA is key to preparing you for the path to the top post-graduation, and will ensure you leave us fully equipped to capitalise on the many opportunities that await as you transform into a leader of the future.

Why should you study an Executive MBA?

Student in lecture looking forward

Imperial’s Executive MBA was the UK’s first blended MBA programme, created with leaders of the future in mind and developed specifically to facilitate advanced learning without impacting career progression.

Choosing to study an MBA of any kind is a momentous and potentially life-changing decision that requires a significant amount of research, planning, and consideration to help you choose the programme that best suits your goals and circumstances.

What is an Executive MBA degree?

An Executive MBA is a unique learning format that allows high calibre professionals from all kinds of industries and professions to pursue their ambition to become global leaders in business – without pausing their careers.

Imperial’s Executive MBA is a 22-month programme that develops leaders for a technology-driven world through a combination of on-campus and online learning. With three in-person sessions every four weeks (Fridays and Saturdays), you’ll experience a seamless learning environment that fits around your full-time work with the support and resources necessary to help you succeed.

What will I learn?

The core modules of the Executive MBA programme cover the general functions of management and allow you to explore essential business topics and skills necessary to become an effective leader in your field.

Examples of core modules include:

  • Accounting and Corporate Reporting Analysis
  • Managerial Economics
  • Marketing Management
  • Organisational Behaviour
  • Corporate Finance
  • Corporate Innovation and Intrapreneurship
  • Responsible Leadership and Corporate Success

You’ll also undertake the Executive Leadership Journey – a transformational combination of coaching and experiential learning scenarios specifically designed to help shape you as a leader and help you understand your personal leadership style.

The direction of your Executive MBA will also be shaped by your choice of electives – a suite of over 50 specialised modules spread across five subject areas: Analytics and Operations, Entrepreneurship and Innovation, Finance, Leadership and Organisation, Marketing, and Strategy.

What will I experience?

In addition to a wealth of on-campus and online learning opportunities, the Executive MBA also gives you the chance to explore business in international markets through international residencies, which will expose you to two of the most important economies in the world, outside of our base in London. In addition, we offer optional Glocal’ electives that see students visiting top business schools in Europe, Singapore, North America and beyond.

These modules are specifically tailored to expose you to some of the most important economies in the world outside of London, and learn how the theories and cases studied in class can be applied in various international contexts.

Entrepreneurial Journey

Another key part of the Executive MBA experience is the Entrepreneurial Journey. Working in teams with your MBA classmates, the Entrepreneurial Journey is a six-month optional elective project in which you’ll develop a value proposition, carry out customer discovery research, validate the product or service, and create a fully-fledged business proposal. You’ll also have the option of collaborating with students from across the entire Imperial ecosystem, as well as design students from the Royal College of Art or Imperial academic entrepreneurs via the Imperial Enterprise division.

Whether you are an aspiring entrepreneur or intrapreneur or want to find out whether the entrepreneurial life is for you, the Entrepreneurial Journey is a safe space to explore an actual business opportunity in a practical environment.

What does an Executive MBA cost?

Imperial’s Executive MBA has a fee of £69,000 in 2024 for all students regardless of location. This tuition fee is split equally between the two years of the programme and can be paid in one instalment per year.

There are several ways to fund your Executive MBA, from financing through private loans and personal resources, to employer sponsorship and Imperial’s wide range of scholarships. Finding the right funding method for you is an important and often time-consuming process, so planning early and reviewing all of your options before applying is key to ensuring success.

How do I apply to the Executive MBA?

There are three main steps to the application processs: apply online, the interview and the final decision. Application deadlines are aligned with deadlines for our scholarships. Our Executive MBA is highly competitive, especially if you want to be in with chance of receiving a scholarship, so we recommend applying as early as possible.

The Executive MBA is a career-shifting experience that can put you on the express path to the C-suite or at the forefront of the world’s business landscape.

Discover how to apply or sign up to receive updates and reminders about application deadlines.

Exploring the Imperial Enterprise Lab

Two students chatting in the Imperial Enterprise Lab

At Imperial Enterprise Lab we’re passionate about inspiring the next generation of student innovators and entrepreneurs and are the first port of call if you’re looking to test an idea, tackle a pressing social or environmental challenge, develop new skills to help your career, start a business or join a community of people who want to make a difference.

We help students to think outside the box, break boundaries and dare to be different. We think anyone can be an entrepreneur and believe diversity is a competitive advantage not a tick box.

Each year we work with over 2,000 Imperial students and alumni. You can read about some of them here, and you can even get support from us now. We’ve opened up our Idea Surgeries to offer holders, so if you have an idea you’d like some advice on or are already working on something and want some advice, book in with one of the team here.

From competitions to speaker events and hackathons to skills seminars, co-working spaces and expert mentors, we offer all the support you need, free of charge and accessible to everyone.

Here are just a few of the ways we can support you on your entrepreneurial journey.  

Imperial Enterprise Lab Co-working Space
Imperial Enterprise Lab Co-working Space

Co-working space

Our co-working space in the basement of the Sherfield building is open to all students from 10am-6pm to get some work done, work on your business idea or take a break in our chillout corner with a free coffee.

Events

Whether you’re looking for inspirational speakers, community events or want to see our teams take to the stage to pitch for prizes, we have the event for you.

We run a range of regular events including:

  • Community Collider - Imperial Enterprise Lab’s monthly community get together where students from different departments and faculties across the college can come together, collide, and form interesting new pairings and connections!
  • Startup Masterclasses - on a range of entrepreneurial topics such as pitching and financial modelling!
  • Imperial BE - an entrepreneurial leadership series of events for students of Black and mixed Black heritage.

Check out all upcoming events here.

Programmes

This summer, we have our Global Challenge Lab - the chance to join students from across the world to form international teams and generate solutions that address the UN Sustainable Development Goal 13: Climate Action across a 10-day programme of workshops, guest speakers and mentoring.

We also recently held our annual Venture Catalyst Challenge - Imperial’s flagship entrepreneurial competition for Imperial students and alumni to develop an innovative idea for commercialisation AND win big! We’re talking 7 intensive weeks of evening masterclasses, 1-1 coaching, and meetings with experts, all with one aim – to help you bring your idea to commercial reality while growing your knowledge, skills, and network. It’s a unique opportunity not to be missed!

All of our programmes are listed on our website if you want to find out more of what we have on offer.

Expert Advice

In addition to the above, we offer expert 1:1 advice for students and recent alumni at all stages of their innovation journey from:

  • Idea Surgeries - your first step to unlocking all the amazing resources on offer at the E-Lab. We help you understand what you need to do next, give you practical suggestions and assess what resources would benefit you the most. It might be some one-to-one coaching or applying to an Enterprise Lab programme.
  • Experts-in-Residents - a group of advisors with tons of real-life startup experience ready to pass on their knowledge, answer your questions and help you develop your understanding and confidence.
  • Imperial Venture Mentoring Service - a mentoring service that’s open to any Imperial student, alumni or staff member that can show us that they’re ready to take the big step from idea development to business launch.

Business School case studies

DASH Rides co-founders

DASH Rides

Co-founders

David Watkins, COO, (FT MBA 2020)

Jamie Milroy, CEO, (External)

The problem 

A big problem we face today is moving people around in cities in an efficient, cost-effective and sustainable way. Public transport is expensive and requires a lot of infrastructure, but private vehicles face issues of congestion, air pollution and a longer travel journey. We believe the electric bike addresses this issue. 

The UK Government has tried to incentivise cycling in the past with the Cycle to Work Scheme, but the programme is underutilised. In 2019, before the COVID-19 pandemic, the number of bikes purchased under the scheme was a mere 7%, even though the legislation allows users to take the cost of the bike off their pre-tax salary, resulting in a 30% saving. We believe the scheme should be used more. 

The solution 

DASH Rides is a B2B service, accessed by a digital platform, that offers e-bike subscriptions for companies and employees as a way of decongesting roads, reducing emissions, enabling healthier lives, resolving operation inefficiencies and making businesses more profitable. To make it as easy as possible to get people on e-bikes, we’ve included servicing, maintenance and insurance in the price, and provided a free helmet. DASH Rides also offsets the carbon of every bike by 400%, making a positive change to the environment, and leading the way to an efficient and sustainable future. 

As a subscription-based service, our product removes the high cost of ownership for the user, leading to more people cycling. We’ve positioned DASH Rides as a B2B company, as we believe employers are a great way to pull people in and distribute the cost of accessing e-bikes. By using our service, companies are combating obesity by encouraging health and wellbeing in the workplace, while also meeting their sustainability targets. Our users are moving around cities efficiently, saving money and improving their health and wellbeing. 

Website: www.dashrides.com

Instagram: @dash_rides

Twitter: @DASHridesUK

LinkedIn: /dash-rides-limited

Dama Health co-founders

Dama Health

Co-founders

Elena Rueda, Co-founder & CEO (MSc Innovation, Entrepreneurship & Management, 2020)

Paulina Cecula, Co-founder & CPO (BSc Management 2020, MBBS 2022)

The Problem

Current contraceptive methods available to women globally, often come with harmful side effects, including blood clots, migraines, irregular bleeding, loss of libido and mental health related problems. This is well known and more frequently being spoken about in the media, press and medical journals as we become more educated around the topic. For example, you may have heard about the comparisons of the AstraZeneca vaccine and the contraceptive pill earlier in 2020? Studies spotlighted that in the UK, blood clots occurred in people taking the AstraZeneca vaccine at a rate of roughly one in every 250,000, whereas blood clots caused by the pill are estimated to affect one in every 1,000 women each year. Data which we have known about for years but that no-one really batted an eye to.

The Solution

We believe that the future of women’s health will be personalised medicine. Dama Health is revolutionising the way in which women are matched to their contraception. We have created contraception matching tests which consist of digital and genetic screening to identify the most suitable contraception type and formulation for your individual needs. The ultimate product will utilize our digital screening test and at-home testing kit to gather pertinent data such as medical history, personal preferences, and genetic differences that can be incorporated into evidence-based and truly personalized recommendations of the most suitable contraception type and brand.

Our products are being developed with doctors and female health experts and based on the newest scientific evidence. Our proprietary screening tests take into consideration the patient’s medical needs, personal preferences, previous experience as well as the different side effect profiles of hormonal contraceptives. Our genetic panel helps to take things one step further, and identify potential risks and predispositions to personalise the recommendation even further, for example by informing users and clinicians if they are at higher risk of developing specific side effects or lower effectiveness of hormonal medication.

LinkedIn: /dama-health

Listen - Black & Found Podcast

Black & Found is Imperial Enterprise Labs new podcast dedicated to hearing the voices and experiences of black and black mixed heritage founders. The podcast explores the entrepreneurial journeys of individuals at different stages within the Imperial Enterprise eco-system and beyond.

You can keep up to date with all the latest news and events from the Imperial Enterprise Lab on their wesbite, Instagram and Twitter. If you have any questions you can email them directly at enterprise.lab@imperial.ac.uk.

Want to learn more about innovation and entrepreneurship at Imperial?

Ollie Waite, Candidate Experience Manager

About Ollie Waite

Enrolment Manager
Ollie currently works in the Recruitment & Admissions Team as Enrolment Manager. He has worked at Imperial College Business School since 2018 and currently works across all MSc, MBA, and undergraduate programmes.

How I made my application for the Full-Time MBA stand out

Seerat Sindhu FTMBA Application blog

How I made my application for the Full-Time MBA stand out

Applications are never easy - whether it's for jobs or academics. This ever-daunting process never fails to bring out the worst fears in even the most accomplished candidates - from feelings of imposter syndrome to severe procrastination. I struggled through all this and more while working on my application for the Full-Time MBA at Imperial College.

It's now been almost two years since I submitted my application, and I've spent this time introspecting and identifying the key factors that helped my application be successful.

I've helped prospective students from across the world in their Imperial MBA journey - mostly guiding them about the application process and providing my tips, as well as giving deep insights into the Full-Time MBA programme. As a Student Ambassador at the Business School, I'm always available via LinkedIn and the Unibuddy app to help prospective students navigate this sometimes intimidating process. 

Creating a standout application

I feel the key to a successful application is to make it unique and compelling enough that the person reading it is compelled to invite you to an interview. It's a difficult task to be able to articulate your personality, achievements and ambitions onto a simple application form, but here’s a few things to consider that I think can make the task easier:

1. Convince yourself first. You have to be extremely confident in your decision to pursue an MBA programme. It's a year-long commitment, and you have to be ready for it - both personally and professionally. Once you're confident as to why the Full-Time MBA at Imperial College Business School is the key to achieving your dreams, it will be easier to pen down your motivations in the application and approach the admissions committee with this belief. 

2. Do your homework. Once you've committed yourself to the application, it's time to learn about all things Imperial! The more you research, the clearer it will be as to what the School has to offer to you and what you need to offer to the School - it's an equal 'give and take' relationship. A thorough reading of the website will help you to identify the key traits Imperial is looking for - be it entrepreneurial zeal or innovative thinking. It never hurts to plug in these words where applicable to your essays!

3. You may not have all the answers - and that's okay! As a prospective Full-Time MBA student, it's natural to assume that it's a challenging decision to take time off work and pursue this upskilling year. This signifies a change in your life - both professionally and personally. It's important to accept that there will be some parts of the journey or the end destination that may be unknown to you - and that's okay.

4. Identify your 'je nais se quoi'. As a working professional, you must have a sense of your strengths and weaknesses. This is the opportunity for you to extrapolate your strength and market it as the X-Factor that you alone will be able to bring to the cohort. Whether it’s your amazing leadership skills or creativity, your 'je nais se quoi' should leap out of the pages and present a major call to action to the person evaluating your application.

5. Numbers are king. Remember to reflect tangible results of your past projects and experiences, and how your actions enabled quantifiable growth in your work engagements. Talk about x% growth in profits or y% reduction in attrition wherever applicable. This helps in adding quantitative traits to an otherwise qualitative application and makes it much more well-rounded.

6. Believe in yourself and your achievements. Applications are tiresome and can often evoke thoughts of anxiety or lack of belief. Always remember; you’ve got this, you need this, and you deserve this. 

While I appreciate that the entire application and interview process can be nerve-wracking, it's very worth it. For me, this year at Imperial College Business School has been more than what I had hoped for, and I hope that you too get to experience this amazing programme and community soon!

Seerat Sindhu, Full-Time MBA 2021-22

About Seerat Sindhu

Full-time MBA
Full-Time MBA 2021-22