Newsletter Issue
5 - March/April 2002
WELCOME TO THE LATEST IBS NEWSLETTER
IF ANY OF OUR NEW DEVELOPMENTS AND ACTIVITIES ARE
OF INTEREST, AND YOU WOULD LIKE TO FIND OUT MORE, PLEASE CONTACT
THE IBS TEAM ON:
Tel: + 44 (0) 1624 693700
Email: enquiries@ibs.ac.im
Website: www.ibs.ac.im
IN THIS ISSUE:
NEW PROGRAMMES
The Institute of Director's Company Direction
Programme commences at the IBS in March 2002. This IBS collaboration
with the IOD and the University of Salford will bring the programme,
which can lead to the award of Chartered Director, to the Island
for the first time.
A second series of Chartered Institute of Marketing
workshops will be available from April 2002. The range of workshops
available at introductory and advanced levels cover topics such
as Strategies for Growth, the Fundamentals of PR and Skills of
Service Delivery. The IBS also aims to launch the CIM Advanced
Certificate in Marketing Management Practice.
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LAUNCH OF DEGREE PROGRAMMES
Students who began undergraduate and postgraduate
degree programmes at the IBS in September 2001 are now half way
through their first academic year. We are now fulfilling one of
the main purposes for which the IBS was established - to provide
flexible Higher Education opportunities for Island residents and
employers.
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BUSINESS RESULTS TOP OF THE CLASS
Students taking the BA (Hons) Business Studies
degree have received their first set of results. Overall results
for modules completed in their first semester are 6% above fellow
students following the identical syllabus at our academic partners,
Liverpool John Moores University.
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IFS SEMINARS
The IBS has been assisting the Island's Institute
of Financial Services to provide a series of seminars for senior
executives. Topics for past seminars covered corporate governance,
strategic issues in offshore banking and 'out of the box' thinking.
Future seminars will include strategic planning and a business
game.
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DEGREE APPLICATIONS & FUNDING
2002
If you are interested in starting a degree programme
in the forthcoming academic year, commencing September 2002, NOW
is the time to register your interest and make an application.
Applicants will be sent details of any funding that they may be
eligible for from the Department of Education.
The DOE will fund the course fees for eligible
students taking the undergraduate Business Studies degree on a
full or part-time basis. In addition, full-time undergraduates
may also be eligible to receive a student grant. Postgraduate
students can also apply for a student award towards their course
fees - these awards are discretionary and applicants will be required
to show how much support, if any, their employer will make towards
the cost.
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FORTHCOMING CAREERS EVENTS
Come and talk to us at careers events:
- Ramsey Grammar School, Careers Evening on
Wednesday 6 March
- QE2, Careers Evening on Thursday 7 March
- Mannin Media Careers, Recruitment, Training
Exhibition at Mount Murray from 21-23 March
- Higher Education Conference at Ballakermeen
from 18-19 April
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STUDENT BURSARIES & SCHOLARSHIPS
Students who apply to the IBS may also be eligible
to apply for IBS student bursaries and scholarships. The small
but growing number of funds available are donated by organisations
and individuals who wish to offer financial support to students
by, for example, paying course fees for an international student
from a particular country or setting up travel scholarships for
students to attend conferences. The IBS would welcome further
offers of support that would benefit students.
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CHANNEL ISLANDS VISIT
In February the IBS attended Higher Education
Conventions in Jersey and Guernsey to talk to students and careers
teachers. The idea of studying in the similar offshore environment
of the Isle of Man particularly appeals to students with an interest
in a career in finance. The business studies degree incorporates
a work placement year and the IBS aims to develop links with organisations
that can provide opportunities for students - both on the Isle
of Man and in the Channel Islands.
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LEARNING RESOURCES
The recently appointed Learning Resources Manager,
Paul Weatherall, has made rapid progress developing the IT and
library facilities available for staff and students. There are
intranet links from the student's IT facility, the Manx Telecom
Learning Resource Centre, to the vast resources available on-line
in our academic partners' libraries as well as access to academic
journals and specialist business information.
These facilities are also an important resource
for "IOM plc" therefore individuals and organisations
that would like to have access for education, reference and research
purposes are invited to join as external members. Membership includes
access to the 'hard copy' reference and lending book library -
this facility will move from its temporary base to its new location
in March.
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ADMIN SUPPORT
The IBS admin team has been strengthened further
by the welcome arrival of two experienced administrators, Susan
Beasley and Tina Moncrief-Scott. Among the wide-ranging duties
they have, Susan is responsible for IBS accounting systems and
student records, while Tina looks after the academic staff and
provides marketing support.
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ACADEMIC VACANCIES
As we approach our second academic year we are
looking for two new full-time members of academic staff to drive
forward the development of our programmes. The vacancies, which
have been advertised locally and nationally, are for lecturers
in Marketing and Management/Strategy.
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DUBAI VISIT
Prospective students in Dubai, were able to meet
representatives from the IBS at the Isle of Man Government 'Road
Show' to the United Arab Emirates in October. There is a large
expat community in Dubai, many with Manx connections, and people
were interested to find out more about specialist offshore Higher
Education. The IBS aims to develop links with international financial
services organisations in Dubai and to recruit full-time students
for the Business Studies degree and the Masters in International
Banking & Finance.
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RESEARCH RESULTS PRESENTED
The results of research commissioned by Isle of
Man Newspapers were presented recently by IBS Research Fellow,
Dr Christina O'Loughlin. The research into media usage and recreational
patterns of local residents was designed to enable Isle of Man
Newspapers to identify the specific needs of both its advertisers
and audience.
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GOODBYE & GOODLUCK
From all IBS staff to Chris O'Loughlin, who returned
home to Ireland after completing her research programmes in December.
During her time at the IBS, Chris also taught the research methodology
module on the Masters in International Banking & Finance,
carried out research for Manx Blind Welfare, and developed research
links for future projects.
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IBS HOME AT THE NUNNERY SECURE
Staff and students at the IBS are pleased that
the purchase of our home at The Nunnery is now complete and we
can look to the future from a secure base.
The purchase of The Nunnery by the IBS, which
was funded by a loan guaranteed by the Isle of Man Government,
sparked a lively political debate, the outcome of which was a
majority decision that Tynwald Members concur with the purchase.
Defending the IBS project, Chief Minister, Richard Corkill, said
"What the International Business School needs is the goodwill
and support of the Island and its authorities and the opportunity
to prove itself as an academic institution."
Built in 1823, The Nunnery is one of the Island's
finest buildings and we think it is the ideal location for a Higher
Education institution. Surrounded by parkland, close to the financial
district, it is a prestigious building that mirrors the IBS values
of quality and excellence.
Organisations from the public and private sector
are also welcome to utilise the building and grounds for small
to medium sized events such as business meetings, in-house training
and presentations.
We also want other groups in the community to
benefit from our acquisition by hosting cultural events. An outdoor
production by the Isle of Man Art Society is in the planning stages.
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SPONSORSHIP
As well as sponsorship for facilities, we want
to bring world-renowned figures to the Island; to carry out research
and publish the results; to develop a truly cosmopolitan student
body by offering scholarships and bursaries.
Sponsors can contribute to the development of
a forward looking and innovative institution, which will help
to place the Isle of Man at the forefront of offshore business
education. Further research proposals are welcomed, particularly
in the areas of offshore finance, banking, regulation and compliance.
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IBS ACADEMIC STAFF UPDATE
Dr Ven Tauringana
Dr Tauringana, an academic accountant, will be
presenting two papers on his accounting research at the Annual
British Accounting Conference Association in Jersey and the European
Accounting Association in Copenhagen, Denmark, in April. Dr Tauringana
is Programme Manager for the BA (Hons) Business Studies degree
and is recruiting full and part-time students for September 2002.
He is also responsible for admission of PhD students.
Mike Lloyd-Williams
Course Leader for the Masters in International
Banking & Finance, Mike had a second intake of students onto
the part-time programme in February. He is currently recruiting
part-time and full-time students to start the programme in September
2002.
Chris Thomas
Chris is responsible for advanced professional
development for regulators and compliance managers at the IBS
initially via the MSc in Financial Regulation & Compliance
Management. Chris also at teaches postgraduate level at London
Guildhall University and recently trained UBS Private Banking
staff on portfolio management and economics.
Dr Augustine Okanlawon
Augustine is the Programme Manager for the MBA
programme, which is on course to commence in February 2003. He
will also develop management training provision at the IBS. In
February, Augustine is teaching at the ESCEM School of Business
& Management in Tours, France, where he is an international
visiting professor.
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VISITING PROFESSORS
Professor St John Bates
Recently appointed as an Associate Senior Research Fellow of the
Institute of Advanced Legal Studies, Prof. Bates will teach law
modules at undergraduate and postgraduate level. In March he will
give a workshop on legislative drafting for the Ministry of Justice
in Ukraine. Prof. Bates made contributions to the book 'Evaluation
of Legislation' (Council of Europe: 2001) which was published
in December and is also available on the Council of Europe website
www.coe.int
Professor Charles Cain
In May, Prof. Cain will be speaking at a conference in the Bahamas
as adjunct Professor at St Thomas' University School of Law, Miami,
Florida - and also at the 'World Offshore' conference in Puerto
Rico, organised by Offshore Investment magazine, of which he is
editor. In June, Prof. Cain will be teaching a module on the MSc
in Financial Regulation & Compliance Management 'Offshore
taxation and structure'. In September, he will be director of
studies at the Offshore Investment magazine postgraduate seminar
at Jesus College, Oxford.
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