Program Description: The Master in Business Administration (MBA) program is the flagship of the UACS graduate programs. It is designed to meet the needs of professionals and managers and to serve as a powerful boost in the career paths of the graduates. The program enhances participants’ skills necessary to do business successfully in the 21 Century, overcoming the challenges of modern business such as globalization and permanent change.
UACS MBA program is delivered through the Participant Centered Learning mode developed and mastered by the Harvard Business School. In entails discussion, case study analysis, role plays, individual and team projects and interactive teaching. This is in line with our philosophy that we should not teach merely facts – those will probably change until the student graduates, but develop and expand the skills which matter when managing the business. The latter includes: problem-solving, decision-making, critical thinking, analytical skills, ability to cope with the challenges of globalization, etc. In addition, we enable the students to develop and practice the holistic approach of managing organizations, both the for-profit or non-for-profit ones.
MBA courses are conducted by foreign and domestic lecturers and experienced practitioners.
Upon fulfilling the specific requirements, the program offers two possibilities for a degree:
- Master of Business Administration, as a general program,
- Master of Business Administration with concentration in Marketing/Finance and Banking/Human Resources Management.
NOTE: Students that have previously earned 180 ECTS on undergraduate level have to enroll to the two years MBA program (see program structure) and will earn a degree “MBA with concentration in…” This will ensure that they have sufficient ECTS as required by the national Higher Education Act.
Prerequisites: Only applicants with at least two years professional experience can enter the MBA program. Candidates are also required to submit a motivation letter along with the application. English proficiency is a mandatory requirement.
Where can you pursue a professional career after the course?
The MBA program is a career accelerator across a number of industries. The job prospects include broad range of positions in private, governmental and non-governmental sectors some of which are finance and banking, production, marketing, manufacturing and services. MBA graduates are also welcomed in the Non-Governmental Organization, and recently, very often they have been recruited in the higher echelons public administration. Moreover, MBSA graduates are equipped with the necessary skills for starting an entrepreneurial venture. Earning an MBA can lead to a higher salary, a position in management, and marketability in an ever-evolving job market.
The degree “MBA with concentration in…” is highly appreciated when one aspires to earn a position in a top or middle management team. Positions such as: Chief Finance Officer, Chief Marketing Officer, HRM, or at the middle level Treasury Manager, Financial Planning Manager; Product Strategist and thus like, usually list as advantage if candidates do have MBA degree.
Knowledge and Understanding
To develop a strategic level understanding of the key functions of business—accounting, economics, finance, international business, management, management information systems, marketing, and operations.
Practical Application of the Acquired Knowledge and Understanding
To be able to apply the knowledge and understanding gained throughout the program for managing and leading modern organizations, for making decisions and solving problems, while overcoming the challenges of modern business environment.
To develop the abilities of intellectual inquiry and communication in order to learn effectively, express ideas and concepts clearly, and apply knowledge to newly encountered situations. Be able to understand and critically evaluate scientific articles and official company reports in all areas of business operation.
To develop communication skills and successfully exchange argumentative propositions and conclusions, in order to effectively perform business and team communications at advanced level, as well as successful communication with the public.
Able to identify the need to acquire further knowledge and is capable use analytically business cases and company’s reports to come to develop understanding of the challenges and to propose solutions.
Assessment: The assessment policy of the University is based on the participant learning principle, where learning and assessments are conducted through a combination of case studies and coursework which assess the application of knowledge, with less focus on formal examination and learned facts. Some of the courses are based on 100% coursework/home assignments. Students would be informed about the grading structure for each course through the course syllabus that is obligatory delivered to students at the beginning of the program. Grading structure may vary significantly, depending on the course nature.