MASTER IN BUSINESS AND ADMINISTRATION Global Executive MBA

The course is built on the following management concepts and strategies: developing strategic thinking skills, assessing alternatives, forecasting, and strategic change management; connecting various management disciplines; responses to acquisitions, outsourcing, downsizing, joint ventures, and strategic mergers; development, coordination, and management of financial, physical, and human resources; strategy models, competitive advantage, and strategic options.

This course will prepare participants to develop critical and analytical thinking skills in making business decisions based on the information currently available from various types of financial reports. As a result, students should be able to apply the knowledge gained in everyday situations within the companies they work for. The course includes topics such as interpreting and analyzing basic financial reports, cost calculation, and the business planning process, as well as interpreting new concepts used to measure the company’s value for shareholders.

This course provides essential skills for its graduates to lead the innovative organizations of tomorrow. The course aims to develop a unique methodology of innovation and creativity called “design thinking.” This approach helps individuals gain an understanding of customers; it’s a human-centered approach based on empathy, prototyping, and experimenting with products, processes, or services. The course is structured around Impulse, Passion, Achievement. What motivates a person to start thinking about their customers? What is the utility of this methodology and how can it help individuals as well as companies? How does one define an entrepreneur? Throughout the program, students will explore the methodology, experience it, and learn how to apply it in their everyday lives and in their work.

In the Business Ethics and Corporate Social Responsibility Course, students will learn how to recognize moral dilemmas in business, fast formulation of solutions to these dilemmas, all in a transparent manner. Students will also engage in critical analysis of business cases and will learn to make transparent, ethical business decisions. The following concepts are covered in his course: ethical systems, ethical systems, ethical decision making in doing business- all in relation to customers, market, environment, procurement and international business. Furthermore, the place and role of a corporation will be analyzed in terms of its position with respect to culture, religion, tradition, government policy and legislation, etc.

The students study and develop mathematical and statistical models applied in decision making in production, services, marketing, finance and general business processes. The course emphasizes the creation, development and application of deterministic and stochastic systems in forecasting, production planning, inventory management, maintenance, facility location, assembly line development, critical path method and simulations.

The course is divided into several basic units of crucial importance to financial management such as: basic theoretical concepts of modern finance, valuation and return on investment in securities, portfolio risk securities, valuation of debt and equity options, the theory of capital structure, and analysis of value creation within the company (NPV, IRR, PBP, WACC, EPS) etc. In modern financial theory this course is dealing with modern analysis of corporate securities in the primary and secondary capital markets and financial strategies. Separate financial focus will be on investing in stocks, investing in bonds and real estate. Using input values such as the spread, rating, solvency, capital cost, yield, maturity, business and financial risk objective of this course is to show how the practice works in capital markets to facilitate student understanding and successfully managing modern corporate finance.

The course, Management of Change is meant to be an introduction to the challenges of adapting to the rapidly changing conditions that all companies face as our workplace becomes more automated, our skills sets become obsolete, and as new realities of the decision-making process—such as big data, AI, cloud—increases the need to cope with exponential complexity. The course focuses on the micro aspect of change, as well as psychological resistance to change.

Various types of leadership are crucial to the survival of any given organization. With practical examples and role playing, this course places an emphasis on motivation, understanding, interpersonal relationships, and models of communication, change management, listening skills, teamwork, conflict solution, negotiating, time management, goal setting and organizational values.

The course Business Communications is meant to be used for reflection upon your communication style, as well as for engaging in experiential exercises designed to further develop students’ communication skills. It includes key concepts of communication theory and practices including: communication biases, communicating through behavior, delivering praise, persuasive communication, and compelling presentations to hone your communication style and increase your impact.