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The AUA MBA is composed of 64 credit units. The curriculum is designed to prepare graduates for competitive challenges of the global marketplace, technological and communication paradigm shifts, and the flexibility to adapt to rapid and abrupt changes in the business environment. The program also takes into consideration the unique economic conditions, the social mores, and the cultural needs of Armenia and the region.
The curriculum has four main components: the core courses, leadership development courses, elective courses, and experiential learning courses.
1. The MBA Core: The MBA core consists of required foundation courses in the major functional areas of business and a comprehensive study of the economic, political, legal, and social contexts within which the business enterprise operates. The MBA core gives students a firm understanding of the tools of general management and provides them with innovative techniques for solving managerial problems.
Students are required to take the following courses:
BA305 Managing People and Organizations
BA312 Legal Environment of Business
BA313 Corporate Ethics and Responsibility
BA320 Data Analysis for Business Decisions
BA322 Managerial Economics
BA328 Economic Policy for Development and Competitiveness
BA330 Financial Management
BA345 Financial Accounting
BA346 Managerial Accounting and Control
BA350 Taxation and Business Decisions
BA360 Marketing Management
BA380 Operations and Process Management
BA381 Management of Information Resources
2. Leadership Skills Development: Recognizing that business leaders increasingly must draw upon a range of skills that do not fit entirely into any one functional area, the MBA curriculum offers several stand-alone skills development courses. These courses usually meet in small class size format allowing for a dynamic and personalized learning experience. Leadership development courses include:
BA300 Introduction to International Competitive Strategy
BA301 Effective Communications
BA306 Managerial Negotiations
BA308 Career Development Strategies
3. Elective Courses: The MBA curriculum is flexible enough to allow students to pursue special areas of interest by selecting a variety of elective courses. The electives allow students to integrate the knowledge and skills learned in core courses and to customize their learning experience. With a variety of elective courses to choose from, students have the opportunity to tailor their program of study in a way that fits their career goals and aspirations.
Although students are not required to declare a concentration, the AUA MBA provides students with the opportunity to specialize in one of the three functional areas of Accounting, Finance or Marketing. MBA students have also the opportunity to take courses in other academic programs within the American University of Armenia and to have those units count toward their MBA degree requirements. However, prior to registration, students must obtain the approval of the College of Business and Economics and the hosting department to ensure they meet the requirements of both departments.
4. Experiential Learning: In addition to a solid academic coursework, the MBA program offers students the opportunity to engage in experiential activities such as the internship (BA393) and consulting projects (BA390 and BA392) that combine in-class and in-the-field learning. The objective of such activities is to immerse students in real-world dynamic business situations, allowing them to apply their classroom knowledge and skills to the needs of an organization and to enhance their skill sets.