Master of Business Administration

MBA^® Program Options

The MBA^® program is helping prepare employed and unemployed professionals to enter and excel in the business management careers, highly technical, and global marketplace. While the core curriculum remains constant, four different formats and time schedules are offered.

The Full-Time Accelerated program is designed for participants who are disciplined, organized and who welcome fast-paced challenges. This is a fast-paced program in which students earn their (MBA^®) program .

The Part-Time/Evening program is designed for working professionals who bring a wide range of experiences and skills into the classroom. This program offers students the opportunity to earn their MBA^® program in the evenings while they are employed.

The Corporate MBA^® program is tailored to the corporate environment and represents a partnership with a company and the MBA^® program at GUST. Although the core curriculum mirrors the MBA^® program on-campus, elective topics can be designed to reflect the needs of a particular company. Full time faculty members travel to a company to teach the MBA^® modules

The Online MBA^® Program is designed for working professionals. The program allows the student to obtain a MBA^® without interrupting his or her career and does not require relocating.

First Semester: (12 Credit Hours)

1. Contemporary Management.
   • This is a generic course, which demonstrates the basic concepts and essential skills for any successful manager such as supervision, delegation, negotiation, team building, leadership, and effective communication skills. It also gives an introduction to the conceptual framework of organization behavior which focuses on the individuals within organizations as the relevant unit of analysis in addition to studying the nature and relationship among groups and departments that make up those organizations.
2. Financial Accounting and Reporting.
   • This course provides the students with a comprehensive introduction to the basic concepts, procedures and techniques of financial accounting and reporting. Students will also be introduced to the basic concepts of using and interpreting accounting information within the decision making process. Among the financial topics that will be covered during this course are: Basic Financial Statements, the Accounting Cycle, Management of Assets and Liabilities, Depreciation and Ratio Analysis.
3. Business Economics.
   • An introductory course covering the basic concepts and tools of Micro & Macro economics in a case study oriented formats. The course exposes the students to topics such as the economic problems, mechanisms of a free market, elasticity’s, production and costs, market structure, overview of macroeconomics, role of fiscal & monetary policies in addition to covering the role of international trade.
4. Applied Statistics.
   • The course covers the following topics: Linear equations & straight line. Elasticity, Demand and supply curves Derivatives, Maximum and minimum points and Equilibrium price. Demand curve, variable costs & variable price, Differential equation and investment growth. The course covers also the Mathematical model for relation between investments and rate of interest. Introduction to probability, expected values, random variables, Binomial, Poisson and Normal Distribution, Test of hypotheses, (T test and Chi-Test), Correlation and Regression, Time Series Analysis, Game Theory.

Second Semester: (12 Credit Hours)

5. Human Resources Management.
   • This course presents and demonstrates the analytical skills required to perform all the subsequent functions of the human resources profession such as job analysis and design, how to determine the demand and supply factors affecting the labor force in addition to the development of on-job training schemes, hierarchical structures, incentives mechanisms, job appraisal techniques and career planning development.
6. Marketing Management.
   • This course covers the fundamental principles and practices in marketing process and the effect of the marketing environment on different marketing activities. The course presents principles, methods and problems confronting the marketing manager. It also discusses the present-day problems and policies connected with the product, distribution, sales, pricing, promotion and consumer behavior in the context of an integrated marketing strategy with the objective of developing an ideal marketing mix.
7. Managerial Finance.
   • An introductory course in Financial Management which addresses topics such as term structure of interest rates, rates of return, bonds & stocks and cost of capital etc. During the course, emphasis will be placed on Financial analysis, planning & Control. Furthermore, capital budgeting techniques will be introduced. The course shows how major financial policies are closely tied to issues concerning the organization and governance of firms operations in addition to covering replacements of equity by debt through leveraged buyouts and other forms of debt financed transactions. It also addresses injection, of substantial new equity, either by restructuring of ownership via a sell-off or initial public offerings as another financial restructuring strategy.
8. Operations Management.
   • The main goal of the course is to acknowledge students with the basic concepts of the physical resources (mainly machine & material) which can be named generally as Operations management and to show them how to manage them efficiently with the financial resources required. Effective managers must make good choices for their business hence they must realize that the most important part of business management is their awareness of the operations basic concepts. Concepts come from understanding, understanding begins with learning and learning comes from examining credible resources with an open mind. The focus will be on how to improve and increase productivity of operations using different models and techniques that also insure not only quality but long term reliability as well.

Third and Fourth Semesters: (24 Credit Hours)

• Every student should choose eight courses to study during the third and fourth semesters. Students should make sure that they choose at least 6 courses from any of the following specialization tracks. The other 2 courses could be chosen from any other major after consultation with the academic advisory. It is of importance to highlight the first course in each track as well as the Strategic Management course as mandatory courses in all tracks.