Master of Business Administration in Master of Business Administration in Armenia

Find MBA Programs in Master of Business Administration in Armenia 2017

Master of Business Administration

Given the power of an MBA and the doors it opens, the network it offers and the problem-solving skills it teaches, business students need to be more engaged in their education and to make a conscious effort to understand what they want to get out of their MBA degree.

MBA Programs, or otherwise known as Masters in Business Administration, are programs designed for students who are aiming of getting management positions in the business world. An MBA gives a well-rounded overview of management practices in various fields of discipline to make sure that students get the preparation to embark their way towards managerial responsibilities.

This country for the last 1600 years has been rated high in terms of literacy level. This is due to the superiority of education that the citizens get. They offer quality education in the university education that development that improves creativity among the students.

Top MBA Programs in Master of Business Administration in Armenia 2017

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Master of Business Administration

American University of Armenia
Campus Full time Part time 4 semesters September 2017 Armenia Yerevan + 1 more

The rigorous program leading to the degree of the Master of Business Administration (MBA) is designed to provide students with relevant knowledge and practical skills that will empower them to create a new standard of excellence as entrepreneurs, managers and executives. [+]

Best Masters in Business Administration in Master of Business Administration in Armenia 2017. Program Description The rigorous program leading to the degree of the Master of Business Administration (MBA) is designed to provide students with relevant knowledge and practical skills that will empower them to create a new standard of excellence as entrepreneurs, managers and executives. The AUA MBA is a comprehensive, well-rounded program that strikes a balance between theory and practice, the quantitative and qualitative perspectives to business, and the economic and social responsibilities of business leadership. The program provides students with an integrated perspective of the functional areas of business and the economic, political, legal, and social environments that affect the business enterprise. The program also prepares students to use up-to-date technologies, and to understand the strategic role of information and communication technologies in contemporary business practice. The curriculum is designed to help students develop skills as: Managers with practical knowledge of accounting, finance, marketing and other functional areas essential for success in a dynamic and globalized business environment. Innovative and forward-looking thinkers, with the ability to analyze and solve problems effectively and to make decisions strategically. Creative and effective leaders, with the ability to take initiatives to bring about change. Valuable team members, able to work collaboratively and to motivate, guide and mentor others. Ethical business individuals, who value integrity, accountability and service to community. The AUA MBA is designed for all individuals with strong leadership potential, regardless of their academic and professional background. Economics majors with work experience in the financial sector can benefit from the program as much as humanities and arts graduates or engineers and medical professional seeking a double competence or a career change through complementary knowledge and skills. The MBA program is offered in two formats: Full-time MBA. An intensive format designed to be completed on a full-time basis in six terms (20 months). Most classes meet in the afternoon starting at 14:00; usually four times per week. Those who enroll in the full-time program include students who have part-time jobs, international students and students who pursue complementary graduate studies in other institutions. Professional MBA. An extensive format of 30 consecutive months for working professionals who wish to undertake their studies and remain on the job. All classes are scheduled in the evenings starting at 18:30. Students typically come to campus 3-4 evenings per week. Both full-time and professional students should allocate at least twice their class time for individual assignments and group work. Program Structure 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. Comparing PMBA & FTMBA Common Features: Both PMBA and FTMBA are designed to provide students with a comprehensive MBA learning experience. As such, both MBA options combine three essential elements: A comprehensive and challenging core curriculum that provides students with a solid foundation of business. Subject areas offered include: Accounting, Marketing, Strategy, Finance, Information Technology, Management, International Business, and Economics. An emphasis on developing leadership skills including business communications, managerial negotiations, applied quantitative methods, career development, entrepreneurial and creative problem-solving throughout the curriculum as well as within specific courses. A selection of specialized elective courses that allows students to broaden their professional knowledge beyond the regular general management curriculum. In order to graduate, both FTMBA and PMBA students must complete 98 units. Both MBA options allow students to choose an MBA Concentration. Three MBA Concentrations are offered: Finance, Accounting and Marketing. The selected Concentration is noted on the student transcript. The internship is required for students with less than two years of full-time (or four years of part time) relevant work experience at the date of their admission to the program. The internship requires 360 hours (or almost 9 weeks of fulltime work) that provides the student with a meaningful learning experience. Distinct Features: The main differences between PMBA & FTMBA are: The Professional MBA Is tailored mainly for working people with several years of relevant professional experience. These students would like to expand their knowledge of business fundamentals and core management skills necessary to exercise high level managerial responsibility. Emphasizes strategic decision making and leadership skills by including several project-based courses for real world experience. Is for students who wish to remain fully employed while pursuing their MBA studies. Maintaining full-time employment is highly desired. Is offered on a part-time basis and lasts 30 months. Classes typically meet 18:30-21:45, three times per week. Some courses are offered in summer. The Fulltime MBA Provides a comprehensive and well-rounded business education for individuals who seek a management career as well as desire to specialize in one of the following main functional areas: Accounting, Marketing, and Finance. Allows a higher degree of specialization by including a greater number of advanced elective courses in the second year curriculum. Is a demanding and intensive program. Concurrent full-time employment is strongly discouraged. Is offered on a full-time basis and lasts 20 months. Classes typically meet 14:00-18:00, four times per week. Some second year elective courses that are common with PMBA are offered in the evening. No courses are offered in summer. Students conduct an internship in the summer between first and second year of studies. Admission Requirements To be considered for admission, an applicant must meet the AUA general admission requirements plus the MBA Program specific requirements. The AUA general admission requirements are: Completed application form Two completed and signed official AUA recommendation letters. Certified copies & translations of all university documents. Applicants must hold a bachelor’s degree (in any field). An Internet-based TOEFL (iBT) score of at least 79, or an Academic IELTS score of at least 6.5. The test must have been taken within the two years prior to the application date. Copies of passport & translation The MBA Program specific admission requirements are: All MBA applicants (FTMBA and PMBA): Present an official score in at least 60th percentile on the GRE quantitative section; the score is valid only if the test date was less than two years before the application submission date. Submit an informative statement of purpose and two supplemental essays covering required topics. Submit an updated CV that includes your work history and job responsibilities. FTMBA Relevant work experience is preferred but not required though candidates need to demonstrate a readiness and commitment to the rigorous study of business and management. PMBA At least three years of full-time relevant work experience is strongly recommended. Submit a copy of work book (applicants residing in Armenia). [-]