MBA with a Concentration in Entrepreneurship
As the only University in Central Europe offering an MBA with a concentration in Entrepreneurship, our graduates have the upper hand in creating businesses based upon the needs and wants of the market. Students will learn to create a full business plan, including market research, financial projections, cash flow statements, budgeting, cost analysis, risk management, and measurement systems. They will then learn how to use this business plan to tap into the world of private financing, including learning directly from successful entrepreneurs, venture capitalists, equity fund managers, and other leading business strategists. Once the student finishes their concentration classes, they will use their consultancy project to actually create and start their business.
This 18-month lifelong education MBA program of weekend study (2 weekends per month)* leads to an IACBE-accredited Master's of Business Administration (MBA) from the University of New York in Prague. You will take a core set of 10 courses providing you with a solid foundation in international business and then 4 additional courses in Entrepreneurship.
*UNYP provides light refreshments during the breaks to students on this program
Prior to the start of the MBA program, UNYP provides, free of charge, a pre-MBA workshop in the principles of finance, accounting, marketing, and management to ensure that you begin your studies well-prepared and on an equitable level with your fellow classmates.
We are accepting applications now.
MBA core courses:
- Organizational Behavior & Leadership
- International Marketing Management
- Financial Accounting
- Managerial Accounting
- Operations & Project Management
- Legal & Ethical Decision Making in Business
- Negotiation & Mediation
- Financial Management
- Innovations in Management
- Economics & Development Workshops
Apart from the core subjects, students complete courses in the following focus areas:
- Business Startup Development
- E-Commerce of New Products
- Entrepreneurial Finance: Venture Capital & Private Equity
- Entrepreneurial Successes
- Getting the Message Across
- Neuromarketing of New Brands
After completing all courses, students undertake the role of an internal or external consultant and investigate a business problem with the aim of arriving at a feasible solution to the problem identified. In other words, a practical and methodical approach to problem solving, allowing each student to demonstrate their learning’s from throughout the program.
Students will choose a mentor from among their professors to help guide them through the five month process. They will then discuss ideas for the project and come to an agreement based upon one of the following: identify system that is not functioning or needs redesign; identify a problem area that needs a solution; or create a new business. The idea is that a student can combine work and study by identifying an area in their job that either doesn’t work well or needs a totally new solution. The student then conducts primary and secondary research on the problem; analyses their findings and then translates those into a feasible solution to the problem. Basically, the student becomes a business consultant to the company.
The student will turn in sections of the work to their mentors each month for critical feedback to help them streamline their work and stay on target. At the end of five months, the student binds their work and submits it to the mentor for grading.
The UNYP MBA Program is accredited by the American accrediting body, the International Assembly for Collegiate Business Education (IACBE), and the Czech Association of MBAs (CAMBAS). UNYP is accredited by the British Accreditation Council (BAC) and UNYP is also a member of AACSB and CEEMAN, which we follow for the purpose of observing best practices in teaching business education in other regions of the world.
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Last updated July 13, 2016