• Master of Business Administration



Master of Business Administration

Overview
Admission
MBA Program Description
Majors
Course Schedule
Fees & Tuition
MOE Scholarship
FAQs

Overview

The MBA program involves schooling in business basics, obtaining comprehensive knowledge of the profession's disciplines, and specializing in one of its major fields. The program begins with a sequence of foundation courses, followed by a range of intermediate discipline specific courses, and concludes with course work in a specialized major field (e.g. Finance, Marketing). Textbook and lecture learning is deepened and enriched by simulation of practical applications of such knowledge. Students with little or no work experience undertake internship programs and acquire real world business experience and establish rapport with the Riyadh business community with prospects of future employment.

The MBA professional graduate program is thus structured to cultivate analytical skills and infuse managerial decision‐making expertise. Emphasis is on developing the ability to evaluate business and organizational situations with competency, insight and creativity. The CBA Masters degree program employs an active learning process, one that allows aspiring young business executives to work in specialized areas and sectors armed with the necessary tools of conceptual, interpersonal and problem‐solving skills. In brief, PSU MBA graduates are ready and able to make informed and creative judgments vis‐à‐vis business policy and operations in the real world outside the classroom.

Program Features and Benefits

The MBA program will foster lifelong learning through continuing professional education programs. The program will allow you to integrate diversity, globalization and ethics throughout the core curriculum. This will enable our students to develop their abilities to provide leadership while working within teams. At the same time, students will be able to solve complex and unstructured business problems.

Key Features include the following:

• A rigorous, relevant, team-oriented curriculum is designed to foster both analytical skills and leadership qualities.
• Customized MBA curriculum tailored to meet an array of specific career needs.
• Flexible program design that allows students set their own pace.
• Strong and experienced faculty offering first-class teaching, advising and consultation.
• A supportive environment based on small class size.
• Opportunities to interact with business executives of various business corporations.
• MBA program's collaborative culture imbued with strong work ethics prompts bonding among students, faculty, and business executives.

Program at a Glance

• Program is 21 months in length
• Classes meet from 6 pm to 9 pm during the work week.
• Admission is currently available in the fall semester (September).
• Program is 36 credit hours.
• Degree awarded is a MBA.
• Scholarships and financial aid are available if certain conditions are satisfied.

Admission
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Requirements and Conditions for admission to the MBA program

1. Fulfillment of all general conditions for admission into graduate studies as outlined in the Unified Regulations for Graduate Studies in Saudi Universities

2. Obtainment of a Bachelor Degree as a full time student from a university recognized by the Ministry of Education. Applicants with BA/BS degrees obtained through distance learning and/or part time arrangements are ineligible for admission into the PSU MBA program.

3. Graduate at the undergraduate degree with a cumulative GPA of not less than Very Good, i.e. a final GPA of 2.75 out of 4.00, or 3.75 out of 5.00.

4. Holders of undergraduate degrees with a General cumulative GPA of High Good (a final GPA of 2.25 out of 4.00, or 3.25 out of 5.00) may be admitted conditionally to the program, if their GPAs are at least Very Good. These applicants are granted conditional admission to the Foundation Program Level. If they finish all 4 foundation courses with grades not less than (C) and an overall GPA of not less than Very Good, they will be admitted to the MBA Core Program.

5. Applicants should have a good command of the English Language as a confirmed by achieving one of the minimum test scores listed below:

TOEFL PBT Minimum score 550
TOEFL IBT Minimum score 80
IELTS Minimum score 5.5

6. Submission of a valid recent GMAT score, of an above average score. See: http://www.mba.com/global/the-gmat-exam/register.aspx

7. Submission of at least two recommendation letters from previous university faculty.

8. Visit PSU for a personal interview meeting with the MBA Admission Committee.

9. It is preferable that the applicant has at least one full year of work experience in a business related field.

10. Fulfill any other requirements and conditions for admission stipulated by the MBA Council and approved by PSU.

Submission of Required Documents:

1. Online Application for admission from
2. 3 personal photos
3. Official true copy of the Bachelor Degree Certificate
4. Official true copy of the Bachelor Degree Transcripts
5. All certificates and transcripts must be notarized by the Ministry of Education
6. Recommendation letters
7. Work experience certificates and training diplomas.
8. English proficiency score (TOEFL or IELTS)
9. GMAT scores
10. Up-to-date recent CV.
11. Copy of the National Identity Card or Passport.
12. Any other relevant documents.


Application Procedures

Step 1: Students should submit the completed application form with all documents as mentioned above either in person or by mailing it to the College of Business Administration at least two months before the start of a semester. All documents should be delivered to the following address:


Office of the MBA Program
College of Business Administration
Prince Sultan University
P.O.Box 66833,
Riyadh 11586,
Saudi Arabia


Step 2: The MBA Admission Committee will review the application to determine the applicant’s suitability for the program. The review criteria include mainly the prior academic performance, GMAT score, TOEFL score, and referees’ recommendations.
Step 3: After the initial review in Step 2, the committee will publish a short‐list of candidates.
Step 4: The short‐listed candidates will be invited for an interview with an interview board.
Step 5: A final merit list of candidates will be prepared based on the prior academic results, GMAT score, TOEFL score and the result of the interview.
Step 6: Offers of admission will be given to candidates according to the merit list and subject to the availability of seats in the MBA classes each semester. If any candidate remains on the merit list but an admission is not offered, he/she will be kept on the waiting list for admission for any vacancy that may arise before the start of the semester. Offers of admission could be provisional or final. Students offered provisional admission must satisfy one or more of the following requirements to successfully continue with the program.
1- Pass certain pre‐requisite courses.
2- Obtain a stipulated GPA level in the first semester
Students who are admitted to the program will have to complete their files with PSU within the deadline provided by the MBA Program Office.

iii. MBA Program Description                                                                                                                        [back to top]

The PSU MBA program consists of 36‐credit curriculum: 27 credits accrue from the core courses and 9 credits from the major courses. The course structure has been designed to focus on contemporary business perspectives and issues, collaboration, teamwork, and development of entrepreneurial skills. The curriculum provides students with the essential tools for success in their careers and prepares them to lead, build, and manage enterprises that create value for the stakeholders in a dynamic global economy. It also instills awareness of ethical issues and their effects on society. Most importantly, MBA graduates learn to solve problems, avoid creating new ones, simplify issues, and optimize results for their organizations. The MBA curriculum is summarized in Table 1:

Table 1: MBA Course Structure

Module Credits
Foundation Courses* 12**
Business Core - 9 courses 27
Major Area - 3 courses 9
Internship - 8 Weeks Pass/Fail ***
Total 36 Credits

* Maximum of 4 courses depending upon applicant background
** not counted towards MBA GPA | only for conditional admission students.

Foundation Courses Foundation courses are required for those students who do not have adequate academic exposure to business‐allied subjects. Students may have to take all or some of the foundation courses from the list in Table 2 in order to prepare themselves for successful study in the business core and major courses.
Students who are required to take any of the foundation courses must pass them with a grade of 'C' or above before proceeding on to the core courses. As a general rule, a student receiving a grade lower than 'C' in any of the foundation courses will be dismissed from the MBA program. In addition the MBA Program Committee may require some students to earn a grade of 'B' or better in the foundation courses depending on their prior academic background. Grades achieved in the foundation courses will not be computed in the Grade Point Average (GPA) for the MBA degree.
Some students may be granted a waiver of any or all of the foundation courses as the MBA Program Committee finds appropriate in view of the MBA candidates' academic background and/or work experience.
Lastly, the MBA Program Committee may allow students to register for some of the core courses while taking foundation courses.

Table 2: List of Foundation Courses

Code Courses Credits
BUS 505 Introduction to Business 3
ACC 501 Financial Accounting 3
BUS 504 Quantitative Methods 3
FIN 500 Principles of Finance 3

Core Course

The objective of the core business curriculum is to develop solid analytical knowledge in the key areas of business, e.g., finance, marketing, production, organizational behavior, accounting, and corporate strategy. These courses are designed to provide core theoretical knowledge and its practical applications in real business situations. Students will discover strategic insights into the key areas of business and appreciate innovation and effective decision making in dynamic work environments. The core curriculum consists of 27 credits, which can be completed in three academic semesters. A brief summary of the business core curriculum is presented in Table 3 below:

Table 3: List of Core Courses

Code Courses Credits Prerequisites
ECON 510 Managerial Economics 3
ACC 520 Managerial Accounting 3 ACC 501
MKT 530 Marketing Management 3
FIN 550 Financial Management 3 ACC 500, BUS 504, FIN 500, ECON 510
BUS 570 Managing Organizations and People 3
BUS 580 Legal and Ethical Environment of Business 3
BUS 581 Managing Information 3
BUS 582 Production and Operation Management 3 BUS 504
BUS 590 Strategic Management 3 BUS 582, MKT 530, FIN 550, ACC 520

Majors                                                                                        [back to top]

Major Areas

Having completed the core curriculum, students choose career‐focused business discipline areas in order to add depth to their acquired knowledge. The College of Business Administration's MBA program offers four Majors:*

1-Finance Major
2-Human Resource Management Major
3-Marketing Major
4-General Major

*Note: the number of Majors to be offered depends on how many students are interested in each Major

Students need to take a total of 9 credits from the courses available in the majors of their choices. Details of the respective major curricula are provided below:

1. Finance Major

The Finance Major is the choice for those considering careers in corporate financial management, commercial and investment banking, consumer financing, leasing, insurance, portfolio investment and security analysis. Finance Major students are required to take one compulsory course: FIN 551 Investment Analysis and Portfolio Management and to select two finance courses from the list below in Table 4.

Table 4: Finance Major Courses

CRs = Credits | PR = Prerequisites
Code Courses CRs PRs
Compulsory Major Course
FIN 551 Investment Analysis and Portfolio Management 3 FIN 550
Elective Major Courses (Any Two Courses may be Chosen)
FIN 552 Corporate Finance 3 FIN 550
FIN 553 Financial Markets and Institutions 3 FIN 550
FIN 554 Financial Derivatives 3 FIN 551
FIN 555 Insurance and Risk Management 3 FIN 550
FIN 556 MNC Finance 3 FIN 550
FIN 559 Selected Topics in Finance 3 FIN 550

2.Human Resource Management Major

The Human Resource Management (HRM) Major is a choice for those who wish to focus on the recruitment, selection, motivation, and development of human resources in business, government, and non‐profit organizations. Building on a broad understanding of human resources, students will study the field from the viewpoint of the managerial decision‐maker. Students are required to take one compulsory course HRM 570, Human Resource Management, and to choose two courses from the list provided in Table 5.

Table 5 : Human Resource Management Major Coursess

CRs = Credits | PR = Prerequisites
Code Courses CRs PRs
Compulsory Major Course
HRM 570 Human Resource Management 3 BUS 570
Elective Major Courses (Any Two Courses may be Chosen)
HRM 572 Compensation Management 3 HRM 570
HRM 573 Employee Relations 3 HRM 570
HRM 574 Organizational change and Development 3 HRM 570
HRM 575 Human Resource Development 3 HRM 570
HRM 579 Selected Topics in HR Management 3 HRM 570
HRM 574 Organizational change and Development 3 HRM 570

3.Marketing Major

The Marketing Major is a choice for those considering a career in marketing careers in a highly competitive environment. This Major prepares the students to make strategic decisions with respect to product design and development, pricing mechanisms, promotional activities, and distribution systems. In addition, it has broad relevance for a career in management consultancy, entrepreneurial management, and marketing research. Marketing Major students are required to take one compulsory course, MKT 538, Strategic Marketing, and to choose two courses from the list provided in Table 6.

Table 6 : Marketing Major Courses

CRs = Credits | PR = Prerequisites
Code Courses CRs PRs
Compulsory Major Course
MKT 538 Strategic Marketing 3 MKT 530
Elective Major Courses (Any Two Courses may be Chosen)
MKT 532 Marketing Research 3 MKT 530
 MKT 533  Consumer Behavior 3 MKT 530
MKT 534 International Marketing 3 MKT 530
MKT 535  Electronic Marketing 3 MKT 530
 MKT 539 Special Topics in Marketing 3 MKT 530 

4. General Major

The General Major includes the compulsory courses of all the three Majors of Finance, Marketing, and Human Resource Management (FIN 551, MKT 538 & HRM 570).

Course Schedule                                                                              [back to top]

COURSE SCHEDULE

Courses are normally offered in the sequence outlined below. Students are advised to follow this sequence, provided that foundation courses are waived, passed earlier, or taken simultaneously, and the required courses of prerequisites are passed:

Year 1 | Term 1 [September]

ECON 510 Economic Analysis
MKT 530 Marketing Management
BUS 570 Managing Organizations and People

|| Term 2 [February]

ACC 520 Managerial Accounting
FIN 550 Financial Management
BUS 581 Managing Information

Year 2 | Term 1 [September]

BUS 580 Legal and Ethical Environment of Business
BUS 582 Productions and Operation Management
MAJOR Compulsory

|| Term 2 [February]

BUS 590 Integrative Experience
MAJOR Elective I
MAJOR Elective II

Fees Tuition                                                                            [back to top]

Students pay for tuition each semester (see below) in accordance with the number of credit hours for which they are enrolled. The university reserves the right to change tuition or fees without prior notice.

Fees and Tuitions for the Academic Year 2016‐2017

Application Fee SR 500 Semester Fee SR 40000


Note: all fees mentioned above are subject to change without any prior notice

MOE Scholarship                                                                             [back to top]

The MBA program has obtained the scholarship availability from The Ministry of Education and is mainly meant for Saudi citizens. Financial aid can partially or fully cover the tuition. MOE Website Click Here

 

FAQs                                                                                             [back to top]

Frequently Asked Questions

Q. Is there any admission deadline?

A. The College of Business administration must receive applications and all documents required for admission to the MBA two months before the start of a semester. Specific deadlines will be posted on website (http://www.psu.edu.sa), and in the press.

Q. Do I need to take the GMAT?

A. Yes. All applicants must take the GMAT. PSU does not require a specific score; however, achieving a high score increases your chance of getting MBA program admission. However, having a score that exceeds the average does not guarantee admission. GMAT scores are valid for 5 years. For example, applicants applying for Fall 2017 admission may submit a GMAT score from a test taken at any time after January 2012 . You may take the test as many times as you wish, PSU will consider the score that you submitted at the time of application for admission.

Q. Will I be interviewed?

A. Shortlisted applicants for admission are interviewed

Q. What factors are considered in the admission decision?

A. The MBA Admission Committee considers students' academic potential based on their GPAs; TOEFL|IELTS and GMAT test scores; and the committee's evaluation on MBA candidates observed during the interviews. The CBA's goal is to assemble a class of students who bring an array of talents and diverse perspectives to the MBA learning environment.

Q. Is work experience required?

A. The CBA admits students with relevant work experience as well as a select number of students who enroll directly from an undergraduate program without work experience. Typically the latter candidates demonstrate superior academic potential as well as outstanding leadership, maturity, and focus derived from their success in extracurricular and community activities. Fulltime work experience is not a requirement for admission into the program, but relevant professional experience is desirable.

Q. Do I need an undergraduate degree in business or a professional business background?

A. No. The MBA Admissions’ Committee looks for good quantitative skills, leadership ability, and excellent verbal communication skills. Evidence of these competencies can be found in a variety of undergraduate majors and professional experiences.

Q. Do I need a four‐year degree?

A. Yes. Four‐year undergraduate degrees are a requirement for admission into MBA program.

Q. Can I transfer credits taken at another school to the CBA to count toward my MBA?

A. Yes. A maximum of nine credits or three courses from relevant graduate programs at other academic institutions may be transferred. Credit transfers aRE subject to certain terms and conditions.

Q. How long is the study time/period for the MBA program?

A. The MBA program is designed to be completed in two years. Student admission into the MBA program is valid for five years. All admitted students must complete all requirements of the MBA program within this 5‐year period.

Q. What specializations does the MBA program offer?

A. There are four options in the MBA program: specializations in either Finance, Marketing, or Human Resource Management or opt to pursue a general MBA by taking compulsory courses in all of the areas of specialization listed above.

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