Master of Management: Co-operatives and Credit Unions

Master of Management: Co-operatives and Credit Unions

The Master of Management: Co-operatives and Credit Unions (MMCCU) is a master's degree in co-operative and credit union administration. As the program is designed for students interested in entering business management, the degree attracts applicants from diverse academic disciplines. The degree is currently offered solely through an international program at the Sobey School of Business at Saint Mary's University in Halifax, Nova Scotia.[1]

The degree is designed to improve students' understanding of management within the context of the co-operative economic model.[2] Similar to the more traditional MBA, students are introduced to economics, accounting, human resources, marketing, technology, best practices and equity management. The MMCCU also teaches the history and philosophy of the co-operative management model and hosts international symposia.[3]

While the coursework is delivered exclusively on-line, participants proceed as cohorts and meet in person three times during the process: once for Orientation Week in Halifax, once for a field trip in the second year and finally for Convocation upon completion.[4]

Contents

Background

The MMCCU degree program was created in 2002 by a partnership between Saint Mary's University and the Co-operative Management Education Co-operative (CMEC), a federation of over 50 cooperatives.[5][6] It was founded by Saint Mary's University Professor John Chamard.[2] The program took its first students in 2003 and saw its first graduates in 2007.[7]

Accreditation

The Sobey School of Business, the home of the MMCCU, has accreditation through the Association to Advance Collegiate Schools of Business(AACSB).[8]

Method of delivery

The MMCCU is an on-line only program using the Blackboard Learning System virtual environment. With the exception of the orientation and field trip, the classes only meet on-line.[9]

Admissions criteria

The admission requirements consist of the following:[10]

  • Completion of an undergraduate degree or equivalent work experience;
  • Transcripts from previous educational work;
  • Support (in writing) from one's employer;
  • A two-page essay on the student's expectations to use the education to improve their co-operative or credit union;
  • An updated resume;
  • Proficiency in the English language;
  • A completed application and application fee.

Program content

First year

In the first semester, students complete the following:

  • Philosophical Philosophical Origins and Historical Evolution of Co-operative Governance and Business Practice offers a survey of the historical development of co-operation from the dawn of the Industrial Age and market capitalism to the present-day. Students learn about and practice creating social audits.
  • The Emerging Global Economy and Society from a Co-operative Perspective I provides an overview of globalization and its effect on the world economy. In addition, students examine examples of global co-operation.
  • Comparative Co-operative Practice I: Variety and Range of Co-operative Business. This course builds off of the history of the first semester. Students learn about the different sectors of co-operation: consumer, producer, housing, financial and worker and multi-stakeholder co-operatives.
  • Co-operative Financial Analysis and Management I provides students with a basic understanding of managerial accounting and financial accounting. Students learn the basic of an income statement, balance statement, cash flow analysis and equity statement. Students also learn to conduct a financial analysis.

Second year

  • The Emerging Global Economy and Society from a Co-operative Perspective II.
  • Field Research: Study Visits to Exemplars of Excellent Co-operative Business Practice. Students learn about the region of the visit and the co-operative society prior to their visit. The remainder of the course examines the lessons learned during the trip and how it might relate to their co-operatives.
  • Comparative Co-operative Practice II: Co-operative Innovations and Best Practice considers different co-operatives on an individual level in order to understand how different co-operators solve similar problems.
  • Technology, Communication and Co-operation examines the role of technology in society and how co-operatives might use it to succeed.

Field trip

The field trip currently alternates between two locations. The first is the Mondragon Co-operative in northern Spain.[11] Students spend 10 days studying the Mondragon Co-operative and learning about the culture of the region.

The second location involves the Emilia-Romagna region of Italy.[11] Students tour and study the worker co-operatives and co-operative federations of the region.

Third year

  • Marketing the Co-operative Advantage: Co-operative Education, Member Relations and Marketing. This course examines basic marketing strategies and the co-operative identity.
  • Co-operative Financial Analysis and Management II, focuses on the role of equity in a co-operative. Students learn about equity development and how it interacts in a co-operative.
  • The Co-operative Management Approach I: Governance, Planning and Strategic Analysis. Students learn about these three important areas of management through a co-operative lens.
  • The Co-operative Management Approach II: Leadership, Personnel and Management Style, examines the role of human resources in a co-operative.

Master's project

The last year of the master's program has been dedicated to the project. Students are expected to develop a change in their co-operative based on the lessons learned through their program.

General information

Students move through the program as a cohort, so once a student starts they must commit to the entire program or drop-out.

Co-operative Management Education Co-operative

The program is a collaborative effort between Saint Mary's University and the Co-operative Management Education Co-operative (CMEC). This co-operative consists of co-operatives, individuals, as well as educational and support institutions.

Financial aid options

The Sid Pobihushchy scholarship is available for students pursuing an MMCCU.[12] Other means of financial aid will depend upon competitive grants and scholarships such as the Lemaire Scholarship provided by the Canadian Association for Study in Co-operatives,[13] a special loan program through the Cooperative Development Institute, private grants and the specific awards available in one's home country.

See also

Other methods of training in co-operatives exist:

  • CooperationWorks! trains cooperative developers in the United States.
  • The University of Toronto offers an undergraduate program in co-operatives.
  • The University of Wisconsin offers a survey course on co-operatives.

References

  1. ^ Livingston, Jane. Co-op Management Master’s Degree Program: Lessons Learned. Cooperative Grocer. #124 May - June 2006.
  2. ^ a b Anderson, Mark. Consider your options. National Post. September 29, 2009.
  3. ^ Crowell, Erbin. A New Era for Labor and Co-op Movements? Cooperative Business Journal. November/December 2009.
  4. ^ McLeod, Andrew. (2010). Co-op Studies Go Global: The Master in Management - Cooperatives and Credit Unions. Grassroots Economic Organizing (GEO) Newsletter. Volume II, Issue 5.
  5. ^ A Cooperative Approach to Management Education. Cooperative Grocer. #148 May - June 2010.
  6. ^ Come Together, Right Now. Cooperative Management Advantage. Volume 4, Issue 2. January 2010.
  7. ^ Chamard, John. The Saint Mary's Master of Management: Co-operatives and Credit Unions Programme. Journal of Co-operative Studies. Volume 40, Number 2. August 2007.
  8. ^ List of Accredited Schools by Country Association to Advance Collegiate Schools of Business.
  9. ^ Livingston, Jane. Mastering Co-op Management. Rural Cooperatives. March/April 2006.
  10. ^ Master of Management: Co-operatives and Credit Unions. Grad School Finder.
  11. ^ a b Parnell, Edgar. Masters of Management - Co-ops and Credit Unions. ICA Digest. Issue 38. March 7, 2005.
  12. ^ Awards for 2010-2011. Fredericton Co-op website.
  13. ^ Lemaire Co-operative Studies Awards. Centre for the Study of Co-operatives.

External links

Related information


Wikimedia Foundation. 2010.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • Master of Management — The Master of Management (MM) is a post graduate master’s degree awarded to students who normally complete a one to two year program of graduate level coursework in business management at an accredited academic institution. As the program is… …   Wikipedia

  • Master of Business Administration — MBA redirects here. For other uses, see MBA (disambiguation). The Master of Business Administration (MBA or M.B.A.) is a master s degree in business administration, which attracts people from a wide range of academic disciplines. The MBA… …   Wikipedia

  • Europe, history of — Introduction       history of European peoples and cultures from prehistoric times to the present. Europe is a more ambiguous term than most geographic expressions. Its etymology is doubtful, as is the physical extent of the area it designates.… …   Universalium

  • Economic democracy — is a socioeconomic philosophy that suggests a shift in decision making power from a small minority of corporate shareholders to a larger majority of public stakeholders. There is no single definition or approach for economic democracy, but most… …   Wikipedia

  • NEW YORK CITY — NEW YORK CITY, foremost city of the Western Hemisphere and largest urban Jewish community in history; pop. 7,771,730 (1970), est. Jewish pop. 1,836,000 (1968); metropolitan area 11,448,480 (1970), metropolitan area Jewish (1968), 2,381,000… …   Encyclopedia of Judaism

  • Indonesia — /in deuh nee zheuh, sheuh, zee euh, doh /, n. 1. See East Indies (def. 1). 2. Republic of. Formerly, Netherlands East Indies, Dutch East Indies. a republic in the Malay Archipelago consisting of 13,677 islands, including Sumatra, Java, Sulawesi,… …   Universalium

  • Dates of 2007 — ▪ 2008 January Ladies and gentlemen: on this day, at this hour, it is still within our power to shape the outcome of this battle. Let us find our resolve, and turn events toward victory. U.S. Pres. George W. Bush, asking for support for his… …   Universalium

  • Zhou Enlai — This is a Chinese name; the family name is Zhou. Zhou Enlai 周恩来 1st Premier of the People s Republic of China In offic …   Wikipedia

  • Egypt — /ee jipt/, n. 1. Arab Republic of. a republic in NE Africa. 64,791,891; 386,198 sq. mi. (1,000,252 sq. km). Cap.: Cairo. Arabic, Misr. Formerly (1958 71), United Arab Republic. 2. an ancient kingdom in NE Africa: divided into the Nile Delta… …   Universalium

  • United Kingdom company law — Beside the River Thames, the City of London is a global financial centre. Within the Square Mile, the London Stock Exchange lies at the heart of the United Kingdom s corporations. United Kingdom company law is the body of rules that concern… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”