Mona School of Business and Management,(MSBM) has been shortlisted for the 2017 AMBA MBA Innovation Award.  The MBA Innovation Award which is open to all AMBA accredited schools is awarded annually and promotes the value of taking risks. It is a celebration of innovation and radical thinking in MBA delivery across all areas of the Business School and has been developed to recognize and reward brilliant new practices. MSBM is one of six finalists who have been shortlisted for this prestigious award.  The finalists will be recognized and the winner announced at the AMBA Golden Awards and Gala Dinner to be held in London on Friday, February 2, 2018.
 
This event will be attended by Business School leaders from across AMBA’s global network to pay tribute to the best successes in MBA education over the past year.  The following awards will be presented:
 
·         MBA Student of the Year Award, Sponsored by The Wall Street Journal
·         MBA Innovation Award,  Sponsored by Liaison International
·         MBA Entrepreneurial Venture Award
·         MBA Employer and Business School Partnership Award
 
MSBM   has been shortlisted based on the implementation of the Bloomberg Finance Lab at the School and its incorporation in the MBA programme.  The School is one of 700 educational institutions worldwide and the only institution in the English-speaking Caribbean, to house a Bloomberg Financial Markets Lab. The lab provides a range of services that include data, analytics, communication, electronic trading and a wide array of economic data, and is equipped with a global financial markets simulator provided by StockTrak. This virtual trading room is the first of its kind in the Anglophone Caribbean and brings the school’s technical infrastructure on par with leading international business schools such as Columbia Business School, Columbia University and  Darden School of Business, University of Virginia.
 
In acknowledging the achievement, MSBM Acting Executive Director ,  Michael Williams stated , “Being shortlisted for this AMBA Award is a significant achievement for the MSBM. In keeping with our “Forward Thinking” tagline, we always seek to implement cutting edge solutions to ensure that our graduates are well equipped to compete in the global marketplace. In this regard, the Bloomberg Finance Lab is definitely one of the projects that we are most proud of.  As we continue our drive to become one of the western hemisphere’s leading business schools and the centre of business and management education in the Caribbean, this achievement is a signal that we are headed in the right direction”. 
 
The Association of MBAs (AMBA) is internationally recognized as the global standard for all MBA, MBM, and DBA programmes. MSBM is one of two institutions in the Caribbean to have received AMBA accreditation for  the MBA programme. In June 2011,  MSBM received accreditation from the Association of MBAs (AMBA) for a period of three years for achieving what AMBA describes as the highest standard in Postgraduate Business Education for its EMBA and MBA programmes. The programmes were re-accredited in June 2014 for another three-year period after another rigorous assessment by the AMBA team. Very significantly, in June 2017, The MBA programme was re-accredited for a period of five years which is the longest period offered by the AMBA. MSBM is the only Business School in the Caribbean to receive a five year accreditation  for the MBA programme.