The MBA program is composed of 52 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.
Admitted students are required to take Effective Communication and Quantitative Methods courses in August, before to entering the first semester of the program. Quantitative Methods can be waived through a Placement Test.
The program curriculum has three main components: required (core) courses, concentration specific electives and general management electives.
1. Required courses. 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:
BUS305 Managing People and Organizations
BUS320 Data Analysis for Business Decisions
BUS322 Managerial Economics
BUS330 Financial Management
BUS345 Financial Accounting
BUS346 Managerial Accounting and Control
BUS360 Marketing Management
BUS380 Operations and Process Management
2. 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.
2.1. Concentration specific electives. 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 Finance & Accounting, Business Analytics and Marketing.
Finance & Accounting concentration: Required *, Elective **
Note: The requirements for the Finance and Accounting concentration are: two required courses and at least three additional electives within which at least one course in Finance and at least one course in Accounting listed above.
Business Analytics concentration: Required *, Elective **
Note: The requirements for the Business Analytics concentration are: two required courses and at least two additional electives listed above.
Special Note: Business Analytics courses outside of MBA at CBE or AUA level can be counted towards the Business Analytics concentration on a case by case basis.
Marketing Concentration: Required *, Elective **, Required but possible elective ***
*** Marketing Research is a concentration required for Marketing concentration but a possible elective for Business Analytics.
2.2. General electives.
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:
BUS300 Introduction to International Competitive Strategy
BUS306 Managerial Negotiations
BUS307 Human Resource Management
BUS309 Special topics in Management: Innovation, Creativity, and Design Thinking
BUS310 International Business Management
BUS312 Legal Environment of Business
BUS382 Supply Chain Management
BUS390 Entrepreneurship Innovation and Incubation
BUS391 Start-up Management
MBA students have the opportunity to choose electives outside concentration areas, which are designed taking into consideration the current and future demand of the contemporary business word. Courses such as
|Summary of the Program Structure:|
|Core courses||22 credits|
|Elective courses||30 credits|
Timeline of the program
|24 months||Regular length, 28 months||36 months|