Release: New leadership programme addresses skills gap
PRESS RELEASE
MSc in Marketing and Leadership programme from Cranfield University and CIM Academy to address UK skills gap
- Marketing and Leadership MSc programme aims to address the industry’s growing skills gap
- Businesses can majority fund the programme using Apprenticeship Levy funds, providing an accessible way for organisations to upskill
- Programme announcement follows CIM research which found that skills amongst senior market level were lacking
- Marketing and advertising agency OLIVER and parent company, Inside Ideas Group, amongst first to invest in industry-first qualification
Today, Cranfield University in partnership with CIM Academy, a Chartered Institute of Marketing (CIM) accredited study centre, announce a new joint Master of Science (MSc) programme that aims to address the current skills gap in the UK.
The Marketing and Leadership MSc is a part-time programme running over 26 months and is delivered in two parts, designed to meet the needs of the modern senior marketer. It offers the best of academic theory, commercial insights and practical application. By completing both parts, learners will achieve both the MSc and the CIM Marketing Leadership Programme.
Apprenticeship Levy funding of £14,000 can be used to fund part 1 of the programme with an additional £5,000 required to fund part 2 of the programme in order for learners to complete the full MSc and CIM Marketing Leadership Programme. The programme can also be attended by participants who choose to self-finance their studies.
The programme is an industry-first offering and follows various research projects undertaken by CIM of over 1,200 marketing professionals, which revealed a serious skills gap at a senior marketer level.
Discussing the launch James Sutton, Director of CIM Academy says: “The Marketing and Leadership MSc provides the opportunity for organisations to upskill senior personnel via a combination of best-in-class academic insight and commercial application, providing a clear path to senior leadership roles.”
“The latest CIM research reports should act as a wake-up call for organisations across all sectors. With consumer requirements changing, and marketing technologies and social media platforms continuing to innovate at pace - the range of skills expected from management and senior marketing professionals will continue to expand. There is a real risk of senior personnel being left behind. We are delighted to be collaborating with Cranfield University, a global leader in education and research to address the growing skills gap.”
Part 1 of the programme enables participants to gain an understanding of both general management functions, specialist, and strategic marketing disciplines. Professionals who complete their Senior Leader Apprenticeship and progress to Part 2 will cement their learning and complete a significant work-based project within their organisation.
Professor of Strategic Marketing at Cranfield University, Vasilis Theoharakis, says: “Our partnership with the CIM Academy is a truly innovative step in supporting UK businesses and senior marketers. Our MSc does not only develop participants’ leadership skills but also enables them to lead change and meet the demands of the constantly evolving world we live in.”
“The programme delivers leading-edge insights into marketing and leadership which participants directly apply to their organisation, ensuring high levels of value at a personal and business level.”
Marketing and advertising agency, OLIVER and its parent company, the Inside Ideas Group (IIG) are amongst the first to offer its top talent the industry-first qualification. Cranfield University has adapted its programme for the companies to create an in-house version tailored to the business. OLIVER and IIG will invest £19,000 per student in the programme, with some of the cost covered by the Apprenticeship Levy.
Amina Folarin, OLIVER and IIG’s Chief Inclusion Officer and Global People Director, says: “We’re used to seeing elite business programmes being offered to people working in professional services – yet rarely do we see this happen in advertising, despite the sector’s rapid disruption and continued growth.
“We know that to inspire top talent you have to invest in their professional development. Our Global Leadership Team recognised the importance of giving our leading employees the latest knowledge and skills so that, in turn, they can be the best in the industry. Whether this group remains part of our business or not, it’s a pleasure to be able to kick-start this learning journey with CIM Academy and Cranfield University. We look forward to seeing their careers blossom as part of a world-leading alumni.”
Organisations have until 7th November 2022 to submit their Expression of Interest here. Alternatively, individuals and organisations can enquire at cimacademy@cim.co.uk / 01628427240 to find out more information. The first cohort of participants will begin the course on the January 2023. To find out how to use your apprenticeship levy funds or to meet the course director click here.
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About Cranfield University
Cranfield is a specialist postgraduate university that is a global leader for education and transformational research in technology and management.
For further information please contact:
Media Relations, Cranfield University.
T: +44 (0) 1234 75 4999
Email: mediarelations@cranfield.ac.uk
About CIM Academy:
CIM Academy is the only Accredited Study Centre owned and run by the Chartered Institute of Marketing. It delivers a complete range of professionally recognised CIM marketing and digital marketing qualifications. All qualifications are delivered by outstanding industry practitioners focused on helping marketers build their confidence, develop skills and advance their career.
Find out more visit www.cim.co.uk/cim-academy/
About CIM:
For over 100 years, CIM has supported the marketing sector. With over 20,000 members in more than 100 countries, CIM strives for business leaders and opinion formers to recognise the positive contribution professional marketing can bring to their organisations, the economy and wider society. We support, develop and represent marketers, organisations and the profession all over the world. Our ability to award Chartered Marketer status recognises a marketer’s commitment to staying current and abiding by a professional Code of Conduct. While our diverse range of training courses and world-renowned qualifications enable modern marketers to thrive in their roles and deliver long-term success for businesses. Find out more about CIM by visiting www.cim.co.uk
For further information please contact:
Media Relations, CIM
James Delves
CIM Head of PR and External Engagement
james.delves@cim.co.uk
About the research:
CIM undertook three research projects, starting with an online survey of 1,000 marketing professionals, followed by 200 interviews with CIM members. The first batch of research took place between 3 – 13 September 2019, with CIM members being interviewed between 18 September – 14 October 2019. Additional research both desk and via the CIM membership base was undertaken between July-August 2020 and again in May-June 2021 speaking to 545 marketers in agency and in-house roles, one third of whom were based outside of the UK, to ensure the findings were relevant, and reflected the market post COVID-19. Download the report here.
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