The Mona School and Business and Management, MSBM, has not only been advancing top quality business education in Jamaica for the past 12 years, but has also been involved in ground-breaking research and the real-life application of research findings to drive multibillion-dollar revenue and profit growth among some Jamaican businesses.
One of those clients is National Commercial Bank, NCB, Jamaica’s largest commercial bank that has been producing outsize profits from its organic operations as well as from gains made through acquisitions.
“We’ve done cutting-edge research for NCB which they use to drive profits and growth,” said MSBM executive director Dr David McBean.
“We do consulting with many of the blue chip companies,” he said.
Some of the recent engagements include NCB, Sagicor, Victoria Mutual Building Society, and GraceKennedy, he told the Financial Gleaner in an interview reflecting on his first year as administrative head of the University of the West Indies, Mona-based business school.
McBean, 53, an engineer by training, experienced business manager and former adjunct lecturer at the business school, was tapped last year to head the school and officially took up the position on March 1, 2018.
In 2012, the then 25 year-old Mona School of Business was merged with the university management studies department, which had been providing management education for 42 years.
Now MSBM is placing renewed focus on entrepreneurship from an instructional as well a practical perspective. While producing entrepreneurs, the school is also seeking to prepare business and management professionals to work with entrepreneurs even as it encourages further business development as part of the transformation and modernisation of the university.
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