BUSINESSMAN Karl Roberts has won a £16,000 scholarship in Manchester Metropolitan University Business School’s MBA Challenge.
Karl, who is managing director of cash services company 360Cash, beat hundreds of applicants to win the full tuition fee prize.
The MBA Challenge consisted of four business challenges aimed at testing twenty shortlisted candidates’ business acumen and skills.
Candidates also had to complete emotional intelligence testing, showcase their debating skills, and take part in a five minute pitch to a panel of regional business heads and MMU Business School academics.
Karl has been running his own business since leaving the RAF seven years ago and wanted to do an MBA to learn more about business management.
He said: “Competing in the Challenge gave me a real insight and taster into the world of business academia, and a better understanding of what an MBA qualification could do for me.
“Having realised what a powerful tool it is I was even more determined to do well. I was up against some very successful and knowledgeable opponents, and I was shocked at winning. I’m very pleased to be able to undertake an MBA at MMU, and can’t wait to get stuck in!”
Karl’s business pitch really impressed the panel of judges. Cathy Parker, Professor of Marketing and Retail Enterprise at MMU said: “Karl’s idea of secure end-to-end cash drawers really made us sit up and take note, and his research into the idea made his pitch solid and indeed showed the viability of his idea.
“We can see a real gap in the market for his product, and its something which our retail industry partners would be very interested in.
“The MBA here will really help Karl to develop his product and his business skills”.
Karl’s business- 360Cash- was established in 2005 with the specific objective of providing services and solutions to the cash services industry.
Nadine Malik and Laura Mackay were first and second runners up, and have both received a £4,000 scholarship towards their MBA tuition fees.
MMU’s AMBA-accredited full-time MBA and Executive MBA programmes are taught in the Faculty of Business and Law’s new £75million teaching and research headquarters.
It develops students skills in areas such as strategic management, leadership and communication, finance, marketing, human resource management and entrepreneurship.