Master of Business Administration


Program Description

Program Description

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 enter the first semester of the program. The program curriculum has 3 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:

BUS300 Introduction to International Competitive Strategy
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.

Courses in Finance & Accounting concentration:

BUS 332 Corporate Finance (required for the track)
BUS 348 Financial Statement Analysis (required for the track)
BUS 338 Investment Management and Analysis (Finance major)
BUS 336 Management of Financial Institutions (Finance major)
BUS 339 Special Topics in Finance: Behavioral Finance (Finance major)
BUS 353 Audit Control and Evaluation (Accounting major)
BUS 351 Cost Accounting (Accounting major)
BUS 355 Advanced Financial Accounting (Accounting major)

Courses in Business Analytics concentration:

BUS 321 Data Mining for Business Decisions (required for the track)
BUS 383 Business Analytics
BUS 378 Business Intelligence
BUS 365 Marketing research

Courses in Marketing Concentration:

BUS 365 Marketing Research
BUS 373 Innovation Marketing
BUS 384 Digital Marketing
BUS 366 Advertising Management
BUS 369 Special Topics in Marketing: Strategic Marketing
BUS 369 Special Topics in Marketing: Price competition

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:

BUS306 Managerial Negotiations
BUS308 Career Development Strategies
BUS390 Entrepreneurship, Innovation and Growth

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

BUS327 Micro-foundations of Competitiveness (in collaboration with Harvard Business School)
BUS391 Startup Science
BUS377 Venture Capital Management
BUS 305 Project Management

MBA students have also the opportunity to take courses in other academic programs within the AUA and to have those units count toward their MBA degree requirements. However, prior to registration, students must obtain the approval of the program administration and the hosting department to ensure they meet the requirements of both departments.

Summary of the Program Structure:
Core courses 22 credits
Elective courses 30 credits
Total: 52 credits

Timeline of the program

Suggested structure
Regular length, 28 months 24 months 3 years
Fall 1 8 8 8
Spring 1 8 8 8
Summer 1 6 6 6
Fall 2 8 11 8
Spring 2 8 11 8
Summer 2 6 8 4
Fall 3 8 0 6
Spring 3 0 0 4
Total credits 52 52 52

Last updated Sep 2019

About the School

Founded in 1991, AUA provides a high-quality, graduate and undergraduate education that encourages civic engagement and promotes democratic values, fostering scholarship in a setting that values and d ... Read More

Founded in 1991, AUA provides a high-quality, graduate and undergraduate education that encourages civic engagement and promotes democratic values, fostering scholarship in a setting that values and develops academic excellence, free inquiry, integrity, scholarship, leadership, and service to society. Read less