Final year Executive MBA students taking the Entrepreneurship and Innovation elective with Dr Nathaniel Massa at the Faculty of Economics, Management & Accountancy, have recently completed their feasibility analysis project pertaining to an identified start-up business idea or intrapreneurial concept.
This semester-long, team-based business start-up project formed an integral part of the elective. It entailed identifying a novel business idea or concept targeting a market need with value generation potential. Following fine-tuning, the FEMA MBA participants worked individually or in teams, respectively researching and undertaking a full feasibility analysis under the guidance of Dr Massa.
Deliverables included submitting a comprehensive feasibility report and delivering a final presentation pitch including in some cases working prototypes or live demos. The Executive MBA cohort engaged in extensive research - in various instances conducting surveys, focus groups and leveraging contacts and professional networks, including technical expertise. This was undertaken to assess product, market, organisational and financial feasibility, as well as analyse client pain points and competitiveness dynamics for their business start-up concepts.
During the semester, the FEMA MBA start-up project teams had the opportunity to stress-test and present their early stage ideas to a panel of seasoned professionals internationally active in the entrepreneurship scene hailing from areas associated with mentoring, foresight and creativity, knowledge management and IP, crowdfunding, and business venture consulting – at a Global Entrepreneurship Week event – part of a broader international network spanning 200+ countries powered by the Kauffman Foundation, locally hosted by The Edward de Bono Institute for Creative Thinking & Innovation at the University of Malta.
This year’s Executive MBA business start-up concepts ranged across a spread of lifestyle and convenience-oriented related services, onto sustainability and tech-based EV solutions.
Following this MBA entrepreneurship project, several of the participants are now either already actively operating, or looking into the prospects of possibly taking their enterprise idea further.
Executive MBA programme
Participants on the University of Malta’s FEMA Executive MBA programme are mostly professionals engaged in industry and various sectors, generally in management and executive positions. Their exposure and diverse experiential knowledge contributes to the applied learning environment fostered by FEMA on this part-time evening Masters programme.
The programme is tailored for practising professionals, managers, and others aspiring to higher positions of responsibility within their organisations – or those seeking a sound foundation and insight towards effectively running their own business in increasingly competitive environments.
A new International Executive MBA programme is currently also being developed with a view to launch shortly.
For further enquiries on the Executive MBA programme at the Faculty of Economics, Management and Accountancy (FEMA) at the University of Malta, kindly contact Ms Vanessa Debattista on 2340 3787 or by sending her an email.
