Master Of Business Administration (MBA)

MBA MBA Graduation Requirements

For completion of the MBA Program, 51 credits are required. This is based upon a minimum of 12 months of study. See the table below for MBA requirements:
Core Courses: 10, total credits 30
Elective Courses: 5, total credits 15
Research Project: 1, total credits 6

* Students who intended to pursue a further academic career may elect to take the Research Project (RP5202) option in place of the Management consulting course (MG5234).

Required Business Courses


AC5201 Principles of Accounting, 3 Credits (C)

Prerequisite(s): None 

 Recognizing that accounting is the primary channel for communicating information about the economics of a business, this course provides a broad view of how accounting contributes to an organization.  Students will gain:

  • An understanding of the concepts and language of accounting and its use as an effective tool for communication, monitoring, and resource allocation;
  • Mastery of the vocabulary and meaning of financial statements and accounting reports.
  • The course also emphasizes the basic theoretical framework for generally accepted accounting principles.
  • Different accounting techniques and their effects on financial statements are considered.
  • Basic financial statement analysis methods are introduced.

Course codes

C Core
CE Compulsory Elective
E Elective

Course name codes

AC Accounting
BL Business Law
EC Economics
FN Finance
IS Information Systems
MG Management
MK Marketing
OP Operations Management
RP Research Project

AC5202 Managerial Accounting, 3 Credits (E)

Prerequisite: AC5201 

This course emphasizes the use of accounting information for internal planning and control purposes.  It is intended for individuals who will make business decisions and evaluate performance of business units using data obtained from the accounting system. The course will cover the basic vocabulary and mechanics of cost accounting and the role of management accounting in decisions concerning resource allocation and performance evaluation. Particular emphasis will be put on strategic cost analysis.  Students will gain familiarity with how modern accounting and control theory is used in evaluating economic conditions and making organizational decisions.

FN5201 Principles of Finance, 3 Credits (C)

Prerequisite(s): None

This finance course prepares students for understanding:

  • Conceptual framework of financial accounting and process of development of professional standards
  • Foundations of accounting and reporting systems
  • Measurement and reporting issues for cash, receivables, inventories, and non-current assets
  • Accounting for investments in equity and debt securities
  • Measurement and recognition of current and non-current liabilities
  • Accounting for operating and capital leases
  • Accounting for pension and post-retirement benefit plans, determination and classification issues related to deferred income taxes
  • Accounting for various forms of stock-based compensation
  • The fundamentals of corporate finance as it relates to management decisions
  • Financial theories, models, and formulas, as they apply to practical problems and case studies
  • The concept of time, value of money, and how to apply them to the valuation of bonds, shares, and investment decisions
  • The importance of diversifying and measuring risk, and how it relates to portfolio returns
  • Optimal capital structures and their influence on value and risk
  • Sustainable growth rates and the determinants of growth.

FN5203 International Economics, 3 Credits (C)

Prerequisites: none

This Masters-level course in international economics is a non-technical examination of the patterns of the global economy as it relates to western growth against a backdrop of developing nations. The topics will include GDP, FDI, and portfolio investment, as well as historical and future examinations of trends and of changing economies.

The students should have acquired an intermediate to advanced level of knowledge in the following topics related to international economics:

  • Macroeconomics
  • The global economic landscape
  • Management issues in foreign direct investment decisions
  • The forces behind mixed, market, and centrally planned economies
  • The effect of globalization on a world economy.

FN5205 Principles of Corporate Finance, 3 Credits (E)

Prerequisite: FN5201

Principles of Corporate Finance introduces the basics of corporate finance and its recent advances. Students are expected to apply basic concepts of financial theory and to understand the fundamental concepts of finance. They will have the opportunity to learn how individuals and agents make financial decisions in the context of an uncertain environment. This course covers the following topics:

  • Valuation techniques and option theory
  • Principal-agent conflicts, and the various problems caused by information asymmetry in decision-making
  • Areas of corporate finance: capital structure choice, security design, mergers, acquisitions, corporate governance, payout policy and financial distress
  • The impact of decision making on a firm’s market value.

IS5201 Management Information System, 3 Credits (C)

Prerequisite(s): None

This course provides a broad overview of the key managerial issues relating to development, usage, and components of information systems in an organization. It also discusses the effects of advances in information technology on business functions and outlines strategy for corporate growth based on effective and efficient use of information systems. Other topics include analyzing business problems and developing relevant information systems solutions, understanding how information systems can be used to transform business processes and provide more effective management control, and decision-making systems.

MG5201 Organizational Behavior, 3 Credits (E)

Prerequisite(s): None 

The way people interact and are managed at work affects the quality of their lives, the effectiveness of organizations, and the competitiveness of nations. The material in this course develops some of the basic themes associated with managing people. In many cases, these themes make use of basic concepts of human psychology and the behavior of work groups. The basic course includes issues associated with motivation and job satisfaction, the design of jobs, employee empowerment, group behavior, teamwork, and leadership. The course is case-based to encourage discussion of alternative styles of management.

MG5202 Strategic Management, 3 Credits (C)

Prerequisite: MG5201 

This course focuses on the strategy of the firm, examining issues central to its short-term and longterm competitive position. Students are placed in the role of key decision makers and asked to address questions related to the creation or retention of competitive advantage. The initial focus is on industry analysis and identifying opportunities for competitive advantage followed by recognition of firmspecific capabilities or core competencies that contribute to competitive advantage. This is followed by exploring ways to use those distinctive competencies to establish sustainable competitive advantage(s) in the marketplace are studied. Throughout, different techniques, tools, and approaches necessary for identifying a company’s key factors for success are considered. This is a case-based course, and students will research and formulate a thorough environmental analysis and strategic plan as a requirement for this course.

MG5234 Management Consulting, 6 Credits (CE)

Prerequisites: MG5201, MG5202, MK5201, AC5201

This course examines various techniques in which managers advise any corporate entity. Using negotiations, methods of analysis, and a host of other various business tools, students learn how to identify a problem, how to bring solutions, and how to implement these solutions. Students will explore different presentation styles and learn to analyze their findings. The Management Consulting course is worth 6 credits due to its cross-curricular nature.

MG5206 Organizational Leadership, 3 Credits (E)

Prerequisite: MG5201

This course covers the nature, resources, strategies, and models of complex organizations. It uses case analysis to examine processes of managerial leadership, motivation, and interpersonal relationships in work groups, and their influence on organizational effectiveness.

MG5207 Human Resource Management, 3 Credits (E)  

Prerequisites: MG5201

This course deals primarily with activities that directly affect how employees are brought into the firm and how they are treated while they are employed. These activities include selection, training, evaluation, compensation, labor relations, and working conditions, among other related issues.

MG5229 Management and Organization, 3 Credits (E)

Prerequisites: MG5201

Management becomes more and more complex in its technical aspect. Despite this apparent technological complexity, one issue continues to be a lasting feature of all management models: the human issue. An organization can be seen as a system, however, and management doesn’t ignore the individual’s role in the performance process of the organization. The value and role of people in management are the main subjects of this course. Students acquire intermediate to advanced knowledge of the following topics:

  • Tool management and people
  • The roles and responsibility of leadership
  • Technical communication
  • Interpersonal relationships
  • The actor’s role in organizational change

MG5230 Innovation Management, 3 Credits (E)

Prerequisites: MG5201

This course provides an essential insight into the area of innovation management. Once seen as a luxury, innovation is now a key part of the toolkit of the successful business. MG5230 covers issues such as risk management, managing the research and development process, intellectual property management, integrating innovations into existing operations, the marketing of new products, and technology transfer.

MG5236 Corporate Governance, 3 Credits (E)

Prerequisites: MG5201

This course is based on the premise that ethical behavior is the best long-range business strategy, as, over the long run and for the most part, ethical behavior can give a company significant competitive advantage over companies that are not ethical. MG5232 is specifically designed to help the next generation of managers and employees to avoid mistakes by understanding their role as leaders in applying ethics-based decision-making. Ethical issues in business extend beyond the physical boundaries of the business: they are closely tied to (and sometimes drive) important matters of public policy, and even governmental legislative and judicial processes. They represent a complex set of issues that today’s business managers and leaders are expected to navigate effectively. Responsibility to all the stakeholders of a business will be studied from an ethical standpoint. The ethical issues that will be examined are those that managers must consider in the ordinary course of their work today.

MG5235 Climate Change and Management (E)

Prerequisite: MG5201

What is Climate Change? What are the impacts of a changing climate on society, business, and government policy? What is the link between the science, the effects, and business — including key economic impact issues?  Are we vulnerable, and can we cope with the impact of climate change? Student can expect to grasp the big picture but also see the specific scientific, political, and business aspects of this issue.

MG5214 Intercultural Management, 3 Credits (E)

Prerequisites: MG5201

This course examines issues, challenges, and opportunities represented by cultural diversity within the workforce and larger society. Key issues explored and discussed include the media and how it influences our understanding of diversity, race and integration, gender and equality, age and discrimination, socio-economic class and opportunity, language differences, influence of geographic

location, and how each of these components of cultural diversity are infused into the workplace environment, policy and practices. This course is intended for learners eager to gain a deeper understanding of the role of diversity in a competitive marketplace. In a global business environment, savvy business leaders are knowledgeable about cultural subtleties and practices in order to gain a favorable position within the competitive market. This means knowing your suppliers, shareholders, stakeholders, and consumers around the world. This course identifies some of the fundamental issues important to managers to bridge cultural gaps and strengthen internal and external business relationships.

MG5221 Entrepreneurship, 3 Credits (E)

Prerequisites: MG5201

This course focuses on behavioral aspects of the entrepreneurial process. The course begins with a discussion of common entrepreneurial stereotypes. The personality characteristics of entrepreneurs are investigated, with a particular focus on the factors that stimulate the move from intentions and aspirations to concrete actions. This then leads into an examination of the leadership challenges posed and responses necessary to achieve entrepreneurial success both in the small business environment and within larger organizations.

MK5201 Marketing Management, 3 Credits (C)

Prerequisite(s): None 

This course introduces students to the analytical and organizational principles underlying marketing oriented philosophies. The main objective is to help students develop the understanding and skills necessary for marketing success in the future. Practical perspectives are integrated into the course using a mix of teaching styles, including case studies and class forum discussions. This course will prepare students to operate in the complex and dynamic marketing environment of the future, and to identify and respond to opportunities in the North American market. This course also aims to cultivate a global view of the Western market, including exploring marketing opportunities around the world.  Students will be better able to compete internationally and work in a multicultural environment.

MK5208 eCommerce, 3 Credits (E)

Prerequisite: MK5201

This course examines the unique features of marketing through the Internet as well as use of the Internet as a support for off-line marketing activities. The course is designed to give students an understanding of Internet marketing concepts and how they are implemented into practice. Upon the completion of this course, students will be able to analyze the online marketing strategy of the company, customer orientation of a web site, and develop promotional campaigns for online marketing programs.

OP5201 Quantitative Methods for Decision Making, 3 Credits (C)

Prerequisite(s): None

Quantitative Methods for Decision Making aims to develop the student’s ability to understand and apply basic quantitative and statistical methods in business and economics. It will cover such important topics as elements of the probability theory, sampling surveys, statistical modeling, hypotheses testing, non-parametrical methods, regression analysis, analysis of variance, decision-making, and time-series forecasting, including the neural network approach.

OP5202 Quantitative Models & Operations Management, 3 Credits (E)

Prerequisite: none

This course helps students to develop the skills and concepts needed to ensure the ongoing contribution of a firm’s operations to its competitive position.  It helps participants to understand the complex processes underlying the development and manufacture of products, as well as the creation and delivery of services.  The students will gain an understanding of the importance of production and operations management in all organizations.  The course covers such areas as P/OM integration in the organization, productivity, forecasting, total quality management, product planning, capacity planning, scheduling, production layout, project planning, world-class manufacturing, just-in-time operations, time-based competition, business re-engineering, and operations strategy.

OP5203 Project Management, 3 Credits (C)

Prerequisites: OP5201

Project Management has evolved in order to plan, coordinate, and control the complex and diverse activities of modern industrial and commercial projects. In this course, students will study project life cycle, project selection, project planning, project team management and organization structure, and project work breakdown structure. They will identify project constraints and solve the bottlenecks, estimate project duration and cost, learn how to schedule and level project resources, and control project time, resources and costs. Students are provided with case studies describing real-world project management problems and their solutions. These learning objectives usually culminate in a course project that allows the students to apply the principles and use the tools they have learned.

OP5204 Production Management, 3 Credits (E)

Prerequisites: OP5201

In this course, students are expected to learn about production line life cycle, product selection, product planning, production team management and organization structure, and production work breakdown structure. Participants in OP5204 will learn to identify product constraints and solve the bottlenecks; they will estimate production duration and cost, schedule and level production resources, and control production time, resources, and costs. Students will study production quality and risk management issues and produce evaluation reports.