- By attaining this MSc, you will enhance your career, and increase your general business acumen and strategic thinking ability, and at the same time achieving a significant personal goal
- It is delivered through distance learning and weekend tutorials, giving you the flexibility to fit studying around your career
- Tutorials take place throughout each study year, helping you settle in to the course material. They begin on Friday mornings and finish on Saturday evening.
Derby Management School brochure
This MSc doesn’t just scratch the surface; with the recognition and respect of its professional body, it digs deep, asks searching questions and ultimately alerts employers to your strategic understanding and ability to apply payroll, pensions and reward management practice.
Run in collaboration with the Chartered Institute of Payroll Professionals (CIPP), the programme is ideal for individuals who already hold a CIPP qualification or degree or equivalent, or have relevant payroll, pensions and/or reward experience who are looking to further their career. You will gain the skills to operate at a strategic business level within your organisation.
It is delivered through blended learning which is a mix of access to online core materials and tools and face to face tutorials. Tutorials enable you to get together with your fellow students to exchange ideas and experience and this module interaction encourages discussion, debate and application of real work based issues.
Tutorials are held at the start of each module and help you to settle in to the course material. They commence on Friday mornings and finish on Saturday afternoon.
Benefits to employers
By completing the programme, not only will you benefit as an individual, but your employer will benefit too, gaining a highly skilled individual who can underpin existing industry knowledge and who will be transformed in to a strategic business leader.
As part of the programme you will be required to submit evidence for continual professional development (CPD), which shows your employer you are up to date with current legislation and policy.
Visit the CIPP website for help on presenting a business case to gain approval for CIPP qualification from your employer. See Key Information section.
The MSc Business and Reward Management is a part-time programme that runs over three years.
You will study these modules:
- Appreciating Skills for Career Development and Leadership (20 credits)
- Strategic Management of Remuneration (20 credits)
- Leading a Dynamic Organisation and its Workforce (20 credits)
- Developing a Strategic Approach to Reward Management (20 credits)
- Strategic Business Finance for Non-accountancy Professionals (20 credits)
- Research Methodologies (20 credits)
- Managing International or Global Remuneration Practice (20 credits)
- Independent Study (40 credits)
The MSc is delivered by blended learning which is a mix of access to online core study materials and tools, with face to face workshops. This means you can remain in employment whilst enhancing your career prospects through qualifications.
It allows you to learn at your own pace from the comfort of your own home, while still feeling confident of adequate support.
Each module has a two day workshop which takes place at the University of Derby Enterprise Centre (DE1 3LD).
Module dates are available on the CIPP website.
You should hold either:
- The CIPP Diploma in Payroll Management or the CIPP Diploma in Local Government Pensions Management
- The CIPP Foundation Degree in Payroll Management or the CIPP Foundation Degree in Pensions Administration and Management, or
- An equivalent qualification attained at level six, for example a BA in another subject
If you do not hold any of the above qualifications, but have knowledge and experience in a strategic role you may be awarded direct access onto the course if you can demonstrate experience via Accredited Prior Learning (APL). APL can be:
- Certified (APCL) – to give recognition of learning which has been formally assessed and for which a certificate has been awarded
- Experiential (APEL) – to recognise that knowledge and skills can be developed through many types of experience, such as work and voluntary activities
You must hold at least three years’ experience within a business, payroll or pensions environment. In addition your experience should include strategic aspects such as project management, managing change and team leadership. This is subject to final assessment by the University of Derby. To enquire further, please contact CIPP.
2018/19 Fees (August 2018 - July 2019)
This course is run through the Chartered Institute of Payroll Professionals (CIPP). Please visit the CIPP website for the latest fees.
Please note that all fees may be subject to annual increase.
Funding your studies
Find out more about fees, postgraduate loans and support you may be entitled to.
Find out more
Alumni discount for Derby graduates
We offer a discount on postgraduate course fees for all Derby alumni.
Find out more
Please apply directly to CIPP
All applications and enquiries for this programme are dealt with by CIPP.
Visit the CIPP application website for information on how to apply.
There is a demand for business and reward management postgraduates at masters level and you'll have the relevant quantitative and qualitative skills on completion to pursue such positions.
† Additional information about your studies
Part-time blended learning, online and workshops
Download programme specification
Like most universities, we operate extended teaching hours at the University of Derby, so contact time with your lecturers and tutors could be anytime between 9am and 9pm. Your timetable will usually be available on the website 24 hours after enrolment on to your course.
Please note: Our courses are refreshed and updated on a regular basis. If you are thinking about transferring onto this course (into the second year for example), you should contact the programme leader for the relevant course information as modules may vary from those shown on this page.