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Posts Tagged ‘MBA’

Putting words into action – sale of text-to-speech start-up linked to Sheffield MBA director

Thursday, July 20th, 2017


Dr Vasilis Theoharakis proves that tech start-up deals don’t always happen in Silicon Valley.

As director of the MBA, Vasilis hasn’t only built up an exceptional programme of experiential learning for students – he’s putting the relevant skills and theory into practice. A recent article by leading industry news site TechCrunch covered the sale of text-to-speech start-up Innoetics for whom Vasilis created the advisory board – he also managed part of the negotiation with buyer Samsung.

Innoetics’ product is ideally suited for application on intelligent interfaces, such as Samsung’s Bixby which works much like Siri on Apple products, or across other consumer electronic products and voice-powered services.

After starting his career in tech at IBM, Vasilis is now involved with a number of start-ups and does have links in Silicon Valley. He is a member of the management team at a prominent venture capitalist fund which provides seed money for the sector and passes his knowledge on to Sheffield’s MBA students who frequently interact with businesses and entrepreneurs through modules or the Career Accelerator Programme and Leadership Dinners. He said: “My experiences with companies like Innoetics ensure that I’m still at the sharp-end of business so our MBAs benefit from a realistic, up-to-date view of entrepreneurship and the start-up eco system.

“I make sure that our students put these learned skills into practice through the programme – it’s exciting to see their knowledge and abilities develop in this area via modules such as the New Venture Planning Challenge.”

This project-based core module, delivered in the second semester of the MBA, sees students work in groups to create a business plan and pitch it to a team of investors. Each team is mentored throughout by Vasilis, who guides them on selecting an entrepreneurial idea which leads into a comprehensive, fully-researched plan and presentation.

Vasilis concluded: “Entrepreneurship is one of the three key stands of our MBA programme – alongside leadership and consultancy. It’s a key skill, whether within an organisation or setting up on your own. I’m proud of what our MBAs go on to achieve and that my experience has contributed to their future.”


Click here to read more about the Sheffield MBA.

Click here for the full TechCrunch article.

Global ranking for the Sheffield MBA

Monday, February 6th, 2017


The Sheffield MBA has entered the QS Global rankings, acknowledged particularly for its superior research and employability offer.

The programme, with its focus on entrepreneurship, leadership and consultancy, continues to grow in profile and prestige. Director of MBA Programmes, Dr Vasilios Theoharakis, said: “This ranking is testament to our exceptional, ambitious students and a great deal of determination from the Management School team.”

“We’re delighted to see our MBA acknowledged in this world-leading forum and will ensure that we continue on this upward trajectory.”

2016 saw Dr Theoharakis and Ian Proctor, Executive Programme Manager, take the lead on the Management School’s executive offer – they have created exciting developments for our MBA.

Ian continued: “Our full-time MBA will equip you with the skillset to rethink your future – it’s appropriate that the programme now ranks amongst the best in the world. Students benefit from a dynamic learning environment, as well as our comprehensive Career Accelerator Programme and Leadership Dinner series which gives individuals exposure to some of the leading business people in the UK.”

Click here to explore the rankings.

Top tier ranking for the Sheffield MBA

Monday, February 8th, 2016


The Sheffield MBA has been awarded Tier 1 status in the latest rankings from CEO Magazine.

CEO Magazine has been showcasing top business schools from around the globe since it first launched in 2008. The CEO Magazine Global MBA Rankings, launched in 2012, are designed with applicants in mind and examine the nuts and bolts of an MBA: the learning environment, class sizes, tuition fees, faculty, delivery methods, international diversity, gender make-up and more. The objective is simple: to identify schools which marry exceptional quality with great ROI.

The Sheffield MBA Director, Dr Vasilios Theoharakis, commented on the announcement: “We’re delighted with the Tier 1 European accolade we’ve received from CEO Magazine. They have acknowledged and rewarded the very tangible, practical elements of the Sheffield MBA that make it unique.

“While studying at the Management School, our students focus on three key areas of work; entrepreneurship, leadership and consultancy which, alongside a rigorous academic programme and excellent links with organisations, develops a seasoned business leader – ready to innovate and excel in their chosen sector.”

Click here to view a PDF of all results, or visit the website.

Award-winning learning and teaching at SUMS

Thursday, October 15th, 2015


Two Management School academics scooped TESS (Teaching Excellence in Social Sciences) awards for outstanding learning and teaching this year.

Senior Teacher in Finance, Jonathan Jeffery, who has previously been acknowledged for his innovative teaching methods, and Professor Jason Heyes (pictured above, second from left) both received awards from Professor Jackie Marsh, Faculty of Social Sciences Director of Learning and Teaching.

Jason’s involvement in the Faculty’s GLOSS programme led to his team award. He has fully engaged with GLOSS (Global Learning Opportunities in the Social Sciences), leading a trip with students to the International Labour Organisation’s governing body meeting in Geneva. Read more about GLOSS here.

Jon led the charge in installing the Management School’s Financial Markets Trading Room, and conducts a great deal of teaching with undergraduates and postgraduates in the space – equipping them with skills that are useful in the City.

Well done to both winners!

The Management School shines with five-year AMBA accreditation

Monday, September 21st, 2015


Sheffield University Management School has been reaccredited for the maximum five-year term by the Association of MBAs (AMBA).

After a rigorous two-day visit to the School, the AMBA panel were happy to grant four of the Management School’s Business Masters programmes a five-year accreditation – improving on our previous three-year award.

Dean of the Management School, Professor David Oglethorpe, said: “Five further years of AMBA accreditation is superb news and testament to the School’s continued hard work and professionalism.

“The panel gave us several commendations around leadership, ongoing development of internationalisation plans, facilities and professional service support. I’m delighted that these comments demonstrate that running a world-class Management School is a whole-team effort – everybody contributes and should feel proud. Maintaining our AMBA accreditation also secures our Triple Crown status, and keeps us in the top one per cent of Management Schools worldwide.”

The Sheffield MBA, MSc Management, MSc Management (International Business) and MSc International Management are the four programmes that retain accreditation, and join a global elite of courses to be approved by AMBA. The expert panel, comprising an AMBA representative and senior figures from other accredited universities across the world, were impressed by our collegiality, programme management and methods of diversifying and integrating international students.

Echoing Professor Oglethorpe’s comments, the panel praised ‘the loyalty, enthusiasm and dedication’ of all School staff, referencing a ‘tangible atmosphere of cooperation and common purpose’. They also commended our excellent level of pastoral care structure and the impressive measures the School has taken to ensure retention and development of academic staff.

Graduates of AMBA accredited programmes have the assurance of quality – they can be certain that the courses at Sheffield are thoroughly assessed, both on curriculum content and potential impact on future career prospects. Studying at a school with such international credibility also gets noticed by employers.

Professor Oglethorpe concluded: “The School has made huge steps in recent years. I’m immensely proud of our continued process and am delighted that this has been acknowledged by AMBA’s international panel.”

Management School sponsors UK’s premier business entrepreneurship event

Wednesday, August 5th, 2015


Sheffield University Management School will once again be a main event sponsor for this year’s MADE: Entrepreneur Festival in Sheffield.

MADE is the UK’s premier business entrepreneurship event. This October it returns for its fifth year, having educated and inspired tens of thousands of business owners and budding entrepreneurs since its inception.

Delegates have the opportunity to hear inspirational stories from successful entrepreneurs who have “been there, done that.” These ‘How I MADE it’ journeys feature presentations from nationally recognised entrepreneurs and successful business owners from across the UK, and from sectors including manufacturing and engineering; retail; food and drink, and digital and creative.

This year’s speakers include:

  • Kevin Byrne, founder and CEO of, which provides access to trusted, vetted and monitored tradespeople to stem the tide of rogue traders. He has built his Selsey-based company up from scratch to one with a turnover in excess of £13.4million
  • Petra Wetzel, founder and CEO, West Beer. In 2008 Wetzel opened WEST Brewery, Bar & Restaurant in Glasgow, a German style brewery producing beers to traditional German Purity Laws. Now in 2015, Wetzel has opened a second bar and restaurant, and is planning a new brewery which will increase brewing capacity ten-fold
  • Former JLS band member, JB Gill, who left the celebrity lifestyle behind for the world of farming. Two years on and the farm he owns and manages goes from strength to strength.

The MADE festival will also feature a range of skills development masterclasses giving delegates the skills and knowledge to help launch and grow their business.

Ian Proctor, Head of External Relations at the Management School explains why MADE is important to both the city region and the university: “As the city region recovers from the global financial crisis, its future growth will be dependant as much on the entrepreneurs creating and growing new businesses as it will on our larger established businesses.

“The MADE Festival is an important part of this as it both inspires and offers guidance to those with new business ideas and those that have already begun to build their own businesses, whilst also allowing them to network with like-minded individuals and support organisations.

“At the Management School we are educating the next generation of business owners and managers, and it is important that our students understand the entrepreneurial spirit and traits shown at MADE, whether they eventually run their own businesses or become managers in others’ organisations.”

The MADE Festival takes place on and around 22 October 2015 at the Sheffield City Hall. For more information visit

Sterling commitment gains SUMS silver award from the Small Business Charter

Monday, April 20th, 2015


The Small Business Charter, which brings leading business/management schools and SME communities across the UK together, has awarded Sheffield University Management School a Silver Charter Award in recognition of our active participation in supporting start-ups and small and medium sized businesses (SMEs). This complements the School’s Triple Crown accreditation from EQUIS, AACSB and AMBA.

This award demonstrates the School’s efforts to engage with SMEs in the Sheffield City Region. Professor Andrew Simpson, Associate Dean for External Business Advancement, welcomed the news: “We were thrilled to hear from the Small Business Charter regarding our silver award. Unique to the region, collaborating with SMEs and start-ups is part of the culture at the University of Sheffield and the Management School and it’s great to see these efforts acknowledged at such a high level.

“Working with organisations of this size is of benefit to a number of stakeholders: our students gain an inspiring insight into how businesses run and the world of enterprise; our research diversifies and in turn benefits the sector; and the SMEs and start-ups we work with can freely access our academic expertise and utilise talented, enthusiastic students.”

The mutual benefits are key to the success of working closely with this sector of industry and we have always maintained a strong connection with Sheffield City Region’s business community. Anchoring the support of small organisations within such a large infrastructure can be seen throughout the University and the Management School works closely with the Enterprise Centre (USE) and students in Enactus to ensure that we are a fundamental catalyst for entrepreneurial activity across the whole institution.

Our Employability Hub regularly advertises opportunities for students to work alongside SMEs and start-ups and enterprise culture and entrepreneurship are built into the School’s curriculum – from BA to MBA level, we want our students to have real-life insight into these inspiring organisations.

SMEs can first make contact with the School by visiting the Management Gateway – – a hub for organisations and any external activity we engage in. Networking opportunities, ways to engage with our students and expert consultancy are just a few of the opportunities facing businesses who engage with us, and now we hold the Small Business Charter silver award, it opens up even more possibilities.

Sheffield University Management School hopes that this accolade will further clear the path for SMEs and start-ups who are interested in working alongside us. Collaborating with a top one per cent management school presents numerous opportunities for enthusiastic young businesses looking to consult with experts, work with our students, network and access additional sources of growth funding.

Our commitment to enterprise is unique in the Sheffield City Region, and everyone is set to benefit.

The Small Business Charter

University business schools awarded with Small Business Charter awards have already directly helped over 8,000 small businesses – working with them through a range of support including on-site incubators with dedicated space for students and small businesses to start up and grow.
The Small Business Charter originated following Lord Young’s report ‘Growing Your Business’, which was aimed at bringing business schools, business and entrepreneurs closer together to deliver support for small businesses and drive local economic growth. Delivered in partnership with the Association of Business Schools, and with the support of Lord Young and the Department for Business, Innovation and Skills, the Small Business Charter Awards offers a springboard to unlocking support and investment for students, start-ups and small businesses.


SUMS partners with The Economist and Which MBA? to identify 2015’s Brightest Mind

Tuesday, February 3rd, 2015

Sheffield University Management School has joined with The Economist and Which MBA? for Spring 2015’s Brightest Minds competition.

Brightest Minds is a global contest which offers the winner a huge scholarship of $25,000 (over £16,500*) to use towards studying an MBA at one of the business schools sponsoring the competition. The successful student will be the highest scorer on The Economist’s GMAT Tutor simulation test – five randomly selected runners-up will each receive a free iPad Air. The contest closes on 25 April 2015 – it’s a wonderful opportunity to study at one of the world’s leading business and management schools.

The Sheffield MBA’s applied approach and focus on entrepreneurship, leadership and consultancy ensures that delegates have skills that today’s leaders need – the ability to analyse, innovate and implement change. In addition to providing a theoretical academic framework to structure your knowledge and learning we place a strong focus on hands-on, applied experience. Throughout the Sheffield MBA you will work as a consultant to a client company, applying the theory you have explored in learning sessions to real-world scenarios. Our Business Development Team and dedicated Employability Hub provide you with introductions to a range of clients to find a match based on your background and interests; they will also support and guide you on your route to an extraordinary career.

Enter the contest online:

Privacy Policy and Contest Rules

* Correct conversion at time of going to print

SUMS takes a trip…and meets up with past students along the way

Wednesday, November 19th, 2014

Throughout October this year, colleagues from the Management School welcomed the opportunity to meet up with just some of our international alumni population, as part of their research and recruitment trips around Asia. 

 Hannah and Maddie with SUMS alumni in Taipei in October 2014Mr Mohammad Rajjaque with SUMS alumni in Singapore October 2014

The first stop was Singapore, for Mr Mohammad Rajjaque, a member of the School’s Accounting & Finance division. Mohammad invited local alumni to come along to an informal evening to meet up with other alumni members who are also living or working in Singapore, and to catch up with news from the School and University back in Sheffield. Amongst those who were delighted to attend were recent graduates from our collaborative programme with the Singapore Institute of Management (SIM) and members of the alumni community, old and new, including Mr Wong Peng Wai, a graduate from the School’s first first MBA batch back in 1979. He was happy to hear that the School had moved back to the premises up at Crookesmoor where he remembers studying, and was interested to see just how much the building has changed since then.

Then it was on to Taiwan with the School’s Marketing and Recruitment Officer, Mrs Madddie Stewart, along with Ms Hannah Stelman from the University’s International Office. In between their busy schedule of recruitment activities, Maddie and Hannah were pleased to be able to spend an evening with local alumni whilst in Taipei, and enjoyed getting to know old and new members of the community over drinks and an evening meal.  Guests included Mr Sam Shen, a 2008 graduate from the MSc Management programme, who is enjoying a successful career in banking since leaving Sheffield, and Ms Evelyn Chung, a recent graduate  0f 2013 from the MSc Marketing Management Practice programme who is now working in the cosmetic and health care industry.  These guests and others enjoyed chatting to each other during the evening, and comparing stories of their time at Sheffield. One guest, Mr Tse-Ho Fang, told how is memories of Sheffield will always be particularly special to him, as it is where he met is now wife, who was studying Music Management in Sheffield at the same time.

Finally, the third international Management Alumni reunion of October 2014 took place in Tokyo, Japan, hosted by the School’s newly appointed Associate Dean for External Business Advancement, Prof Andrew Simpson. Andrew was delighted to be able to re-engage with our alumni during his time in Japan, and was extremely pleased at the turn out for the evening and the efforts that people had gone to in order to meet him and other alumni. Those that were able to make the evening enjoyed making new contacts with fellow alumni, and hearing updates from Andrew about the recent developments at the School back in Sheffield.

Mr Ian Proctor, Head of External Relations at the Management School said: ‘The School feels extremely privileged to have such a strong and loyal international alumni community, which continues not only to grow each year as it welcomes in new graduates, but strengthens in its mutual connections with the School and its internal  relationships that have developed amongst its many members with each other.’ Ian continued, ‘Reunions such as these are just one of the ways in which the School and alumni both enjoy staying in touch, and I know from meeting many of our alumni overseas, that they always look forward to appreciate it when we get the chance to come over to their home countries to see how they are getting on after leaving Sheffield. And we greatly appreciate the time that alumni take out of their own busy working and personal lives to come and meet us too. It’s always nice to see a familiar face back in Sheffield too, as we sometimes get paid visits from past students who have made a special trip to see us whilst on business or travelling through the UK, which is always welcomed!  Staying in touch with alumni all over the world is much easier now with our social media networks and the online Management Gateway, which has tools such as the ‘Search Alumni Map’ to help alumni re-connect with each other, and is updated daily with news and the School’s events programme,’ added Ian.

More international events are planned for next year and in the mean time the School remains in touch with our overseas friends over email and social media. If you are interested in hosting your own alumni reunion, please let us know! Email with a few words about who attended, where and what you did, and send us a few photos.

Visit the Management Gateway at and click on ‘For Alumni.’

Join the Management School Alumni Group on LinkedIn

£5,000 in the bag for SUMS’ student social enterprise

Friday, September 19th, 2014

RozDavies3  RozDavies5

EMBA student at Sheffield University Management School, Roz Davies, beat strong competition to win the Enterprising Ideas Competition’s Business Startup Award.

Presented to her at this year’s University of Sheffield Enterprise, Innovation & Impact Awards, organised by University of Sheffield Enterprise and sponsored by Santander, the award gives Roz £5000 to put into her business, We Love Life.

We Love Life is a community platform which supports people to better manage diabetes. It includes forums, information, a store, local living and motivational tools – it is designed to help people feel more knowledgeable, connected and in control so they live happier and healthier lives. It’s not only a business – We Love Life is also a social enterprise, so 50 per cent of profits go back into achieving the social aims of the company.

On winning her award, Roz said: “I have just completed my EMBA at the University. I started the course three years ago as a director in the NHS and I leave as a social enterprise founder, which really shows what a huge personal and professional impact the course can have!

“The course at Sheffield University Management School, combined with the support I have received from the University’s Enterprise Zone (USE), has given me all the tools, knowledge, networks and confidence I need to follow my dreams and build a sustainable business which I hope will make a big difference to people like me, who live with diabetes.

“I will be using the prize money to fund my software development partner to begin building a platform for the online self-care toolkit for people with diabetes. I believe the endorsement of this award and having an EMBA will help me to open new doors, build partnerships and access resources that will help me to make my dream a reality.”

Support from USE came from Enterprise Officers, Darren Chouings and Janet Grant. The pair said that it had been a pleasure working with Roz, seeing her digital self-care kit go from strength to strength: “Roz is a true professional, committed to her business and the outcomes it will achieve.  The judges of the competition voted her the clear winner which is truly deserved.  We wish Roz every success as grows her company.”

Applying for the competition isn’t easy. Each entrant presents a ten-page business plan detailing their business startup. After a number of submissions, a shortlist of five (including Roz) was put forward by a panel of external business professionals as possible winners of the award. In May 2014, the five pitched their startup to a judging panel.

This year’s Enterprising Ideas Competition engaged an impressing panel of judges, all of whom are members of the local business community. They read and scored each business plan and watched the final shortlisted pitches.

Roz impressed the judges at every stage, and on the evening of the Enterprise, Innovation & Impact Awards spoke with passion and dedication about We Love Life.

Congratulations to Roz from all at Sheffield University Management School.