Traditional MBAs might focus on management, finance or another highly business-ready area – but with entrepreneurship increasingly becoming an interest to those outside the boardroom, innovative MBAs are beginning to appear in business schools across the world.
The latest institution to join the list of those offering unexpected MBA courses is the University of Liverpool in the UK, where from September this year students will be able to study for an MBA based on horseracing.
The Thoroughbred Racing Industries MBA will be available from the next academic year, and joins Liverpool’s other highly unique offering – an MBA in football, which has been a popular course at the university’s business school for 17 years.
It is the highest qualification that is available within the sport, and it is hoped that it will keep "Britain at the cutting edge of academic training for future leaders in the thoroughbred horseracing sector."
The course takes one year if studied full time or two years if studied part time, costs £14,000 and is designed for those looking for careers within the horseracing sector.
It will be made up of four modules: becoming a horseracing industries executive; marketing and media in thoroughbred horseracing industries; the international thoroughbred horseracing industry; and the economics and finance of thoroughbred horseracing.
University of Liverpool Management School’s professor of strategic development, Tom Cannon, says that Liverpool has a “world-class equine industry” and has promised that leading experts in the field will be involved in the deployment of the course.
Liverpool is home to both Aintree and Haydock race courses, attracting thousands every year.
It is hoped that the new MBA programme will provide an opportunity for those who want to gain leadership roles in the sector.