The FINANCIAL -- The University of Liverpool has launched a Thoroughbred Horseracing Industries MBA to provide an opportunity to nurture and develop future business leaders for the industry and help secure a strong future for the sport.
The course is designed for individuals already working in British racing or anyone wishing to embark upon a career in the industry. Employers within the sport are also being urged to enrol suitable employees to the course, so that their business can benefit from the expertise of the MBA and develop future leaders, according to the University of Liverpool.
Leader of the programme, Professor Tom Cannon, from the University’s Management School, said: “The programme combines the modules of an MBA with the specialised needs of the British and global horseracing industry. It will address the needs of all key stakeholders in the industry.
“The core elements of the programme include leadership, strategy, managing the environment, innovation, entrepreneurship and managing financial resources. Each candidate will also gain understanding of management of racecourses and training centres, marketing, advertising, sponsorship, bloodstock management and veterinary issues.”
The course offers vocational training through industry placements and visits to racecourses, studs, training facilities, media companies and companies in the betting industry. It is a 12 month full-time programme or 24 month part-time programme – the latter designed in particular for candidates in current employment.
The programme combines the expertise of the University’s Management School in sports industry management with the specialist equine knowledge of the School of Veterinary Science and the University’s equine facilities at its Leahurst campus.
Carole Goldsmith, Director of People and Development for the British Horseracing Authority (BHA), said: “The highly-regarded British Horseracing Graduate Programme and Management Academy have proven successful in nurturing promising leaders in the industry and this MBA will complement these courses, while offering an even higher level of qualification for successful candidates.”
There are seven scholarship places available on the 2015/16 course, sponsored by a combination of the BHA, Horserace Betting Levy Board (HBLB) and the University of Liverpool.