Mona School of Business and Management (MSBM) was established on August 1, 2012. It evolved from the merger of the former Mona School of Business (MSB) that had a 25 year history of delivering master’s level business management education and the Department of Management Studies (DOMS) which had a rich 42 years history of delivering undergraduate and graduate management programmes.
MSBM is a key plank of the University of the West Indies (UWI) Mona’s value proposition to its constituents in Jamaica and the region. Specifically, its mandate is to be the arm of the University that facilitates effective business education and practices in the private and public sectors in order to advance the economic development agenda of Jamaica and the region by:
MSBM offers undergraduate (B.Sc.) degree programmes in Management Studies, Accounting, Entrepreneurship, Human Resource Management, Marketing, Operations, Management Information Systems (Western Jamaica Campus (WJC)), Banking and Finance (offered jointly with the Department of Economics), Chemistry Management (Administered by the Faculty of Science and Technology) and Tourism Management.
Postgraduate degree programmes offered by MSBM include: the Doctorate in Business Administration (DBA), Executive Master in Business Administration (EMBA), Master in Business Administration (MBA), Master of Business Management (MBM) programmes, the (MSc.) degree programmes in: Tourism, National Security and Strategic Studies, Enterprise Risk Management (ERM), Accounting, Computer-based Management Information Systems (CBMIS), Taxation, Telecommunications Policy and Management, Sports Business Management, and the Diploma in Business Administration and Sports Business Management.
These programmes are offered in an excellent learning environment, using a pool of talented and highly qualified local and international faculty.
MSBM compliments its unique academic programmes with cutting edge consultancy services and public policy research, the principal business objective being to provide decision makers with expert advice for handling their most critical strategic issues.
In this regard MSBM has handled a large portfolio of multidisciplinary projects in Jamaica and the region relating to leadership and management development, strategic thinking and management, project and performance management systems, and other areas of professional services and continues to contribute to the development of a particular ethos within the business community in Jamaica and the region.
Like most Business Schools of repute, MSBM includes unique perspectives and relevant business related content in its publication the MSB Business Review, which was launched in 2010.
In 2012 the magazine was renamed the MSBM Business Review to reflect the school’s merger exercise.
AWARDS AND ACCOLADES
Over the years, the growth, development and academic achievements of the MSBM have been recognized through a number of awards and accolades.
In 2001, the School won the USAID, 40th Anniversary Award of Excellence for Education, and in 2004, it was admitted to Membership in the Association to Advance Collegiate Schools of Business (ACSB) International and in 2005, the School received the UWI‘s “Principal’s Award for Outstanding Contribution to Public Policy”.
Since 2008, MSBM has been ranked by the Eduniversal International Scientific Committee (France) among the top 1,000 business schools in the Worldwide Business Schools Ranking. In addition, MSBM was given the ranking of ‘2 Palmes’ in the league of “Good Business Schools with Regional Influence.” The World Economic Forum (WEF) also selected MSBM as its partner institution for administering the Global Competitiveness Survey for Jamaica.
Specific MSBM programmes have also received international recognition.
The Project Management Institute (PMI) has named MSBM a Regional Education Provider (REP), thus graduates of MSBM’s Project Management programme attain international PMI certification.
In June 2011, the MSBM received accreditation from the Association of MBAs (AMBA) for a period of three years for achieving what AMBA describes as the highest standard in Postgraduate Business Education for its EMBA and MBA programmes. AMBA’s accreditation is internationally recognised as the global standard for all MBA, MBM and DBA programmes. The programmes were re-accredited in June 2014 for another three-year period after another rigorous assessment by the AMBA team. The re-accreditation by the AMBA is further proof that the MSBM has indeed become the centre of excellence in business and management education for the Caribbean.
Very significantly, four Graduate programmes were ranked in the Eduniversal Best Masters Ranking 2014/15 as follows:
Executive Director and Professor of International Business
Deputy Executive Director
Director, Finance & Administration
Director, Professional Services Unit
Director, Centre of Excellence for IT Enabled Innovation
Unit Head, Behavioural Sciences & General Management
Unit Head, Marketing, International Business, Entrepreneurship & Strategy
Unit Head, Decision Sciences & Information Systems
Unit Head, Accounting & Finance