Master of Business Administration
i. Overview
ii. Admission
iii.
Majors
iv. Course Schedule
v.
Fees & Tuition
vi.
MOHE Scholarship
vii.
FAQs
i. 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:
• Our rigorous, relevant, team-oriented curriculum is designed to create
both analytical skills and leadership qualities.
• Our customized MBA curriculum will allow you to tailor it to your specific
career needs.
• Our customized MBA offers the utmost flexibility in the program and allows you
to complete it in a time-efficient manner.
• Our faculty, one of the best-qualified to be found in the region, will provide
first-class teaching, advising and consultation.
• Our supportive environment is based on small class size.
• Our program allows you to interact with the executives of various business
corporations and companies visiting the CBA on a regular basis.
• Our collaborative culture imbued with strong work ethics will create the
necessary bonds among students, faculty, and business executives.
Program at a Glance
• The program is 21 months in length
• Classes meet from 6 pm to 9 pm during the week days.
• Admission is currently available in the fall semester (September).
• The program is 36 credit hours.
• The degree is an MBA awarded by Prince Sultan University.
• Scholarships and financial aid are available if certain conditions are
satisfied.
i.Admission
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A student seeking admission to the MBA program should have:
• completed a four‐year bachelor degree (or equivalent) in any discipline from a local
institution accredited by the Saudi Arabian government, or from an accredited
foreign institution.
• good academic standing at the college or university last
attended.
• attained a “good” grade point average (2.25 out of 4.00) or an
equivalent in the bachelor degree from an accredited university.
• acquired a good command in English with a TOEFL score of 500 or above in the case of a
paper‐based exam, and a score of 173 or above in the case of a computer‐based
exam.
• obtained a satisfactory GMAT score.
• passed an interview with the admission committee if short‐listed after a review of his/her submitted
documents.
Applicants should note that, while professionally relevant work
experience is that, while professionally relevant work
experience is not a requirement, it nonetheless remains desirable.
. Documents Needed
• A completed MBA application form. Three recent photographs.
• Official transcripts of all post‐secondary certificates. Request your academic
institutions to send official transcripts in a sealed envelope directly to the
MBA Program Office; or collect them after they are sealed and signed on the
envelope flap by the officer responsible (e.g., Registrar); then attach them to
your application documents.
• Recommendation letters from two referees. Request your referees to send their confidential reports in a sealed envelope directly
to the MBA Program Office; or collect them after they are sealed and signed on the envelope flap by the referees; then attach them to your application
documents.
• Work experience certificates, if any.
• Documents of leadership, extra‐curricular and professional activities, if any.
• GMAT Score report. Please provide a copy of the GMAT score report. The college may ask for the
score to be sent directly by the GMAT administrator (www.mba.com).
• TOEFL Score report. Please provide a copy of the TOEFL score report. The college may ask for
the score to be sent directly by the ETS (www.ets.org/toefl). Prince Sultan
University’s Code for ETS is 0003.
• An updated résumé. • Copy of identification
documents. Copy of the ID card for Saudi nationals and passport copy for
international applicants.
. 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 level of
GPA 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.
ii. Requirements
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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 will prepare students to lead, build, and manage enterprises that
create value for the stakeholders in a dynamic global economy while providing
the students with essential tools for success in their careers. It also instills
awareness of ethical issues and their effects on society. Most importantly,
successful 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 (A maximum of 4 courses depending upon background of the applicant)
|
12 (not counted towards GPA)
|
|
Business Core (9 courses)
|
27
|
|
Major Area (3 courses)
|
9
|
|
Internship (8 Weeks)
|
Pass/Fail (not counted towards GPA)
|
|
Total
|
36 Credits
|
The 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 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, while the MBA program
committee may require some students to earn a grade of "B" or higher 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; if the MBA program committee found it appropriate; in view of their
academic background and/or work experience.
Lastly, the MBA program committee may allow a student to register for some
of the core courses while pursuing the 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 |
iii. Majors
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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 five Majors as follows.
(Note: the number of Majors to be
offered depends on how many students are interested in each Major.)
1-Finance Major
2-Human Resource Management Major
3-Marketing Major
4-General Major
A student needs to take a total of 9 credits from the courses available in
the particular major of his/her choice. Details of every major curriculum are
provided below:
1. Finance Major
The Finance Major is a 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
& Portfolio Management, and to choose two finance courses from the list below in
Table 4.
Table 4: Finance Major Courses
|
Code
|
Courses
|
Credits
|
Prerequisites
|
|
Compulsory Major Course |
|
FIN 551
|
Investment Analysis & Portfolio Management
|
3
|
FIN 550 |
|
Elective Major Courses (Any Two Courses to 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
|
Code
|
Courses
|
Credits
|
Prerequisites
|
|
Compulsory Major Course |
|
HRM 570
|
Human Resource Management
|
3
|
BUS 570 |
|
Elective Major Courses (Any Two Courses to 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 Human Resources Management |
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
|
Code
|
Courses
|
Credits
|
Prerequisites
|
|
Compulsory Major Course |
|
MKT 538
|
Strategic Marketing |
3
|
MKT 530 |
|
Elective Major Courses (Any Two Courses to 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).
iv. Course Schedule
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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:
1st Year - 1st Semester (starting in September)
ECON 510 Economic Analysis
MKT 530 Marketing Management
BUS 570 Managing Organizations and People
1st Year – 2nd Semester (starting in February)
ACC 520 Managerial Accounting
FIN 550 Financial Management
BUS 581 Managing Information
2nd Year – 1st Semester (starting in September)
BUS 580 Legal and Ethical Environment of Business
BUS 582 Productions and Operation Management
MAJOR Compulsory
2nd Year – 2nd Semester (starting in February)
BUS 590 Integrative Experience
MAJOR Elective I
MAJOR Elective II
v. Fees Tuition
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Students pay for tuition each semester 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 2011‐2012:
|
Application Fee |
SR 100 |
|
Tuition Per Credit Hour |
SR 3400 |
Note: all fees mentioned above are subject to change without any prior
notice
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.
How much is the application fee?
A.
The application fee is SR 100.00. It can be paid in cash
or by bank check while submitting an admission application.
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 2011 admission may submit a GMAT score
from a test taken at any time after January 2006. 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.
A.
We will interview you if we shortlist you after reviewing
your credentials.
Q.
What factors are considered in the admission
decision?
A.
The Admission Committee considers your academic potential
based on your prior academic results (GPA), TOEFL, GMAT, and on your personal
qualities as observed during the interview. We look at each candidate
individually. Our goal is to assemble a class of students who will bring diverse
perspectives to the learning environment.
Q.
Is work experience required?
A.
We admit students with relevant experience as well as a
select number of students who enroll directly from an undergraduate program
without fulltime work experience. Typically these 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 Admissions’ Committee looks for good quantitative
skills, leadership ability, and excellent verbal communication skills. You can
demonstrate these competencies through a variety of undergraduate majors and
professional experiences.
Q.
Do I need a four‐year degree?
A.
Yes, you need a four‐year undergraduate degree (or
equivalent) to seek admission into our MBA program.
Q.
Can I transfer credits taken at another school to
your College to count toward my MBA?
A.
Yes, you can transfer a maximum of nine credits or three
courses from relevant graduate programs of other academic institutions. The
credit transfer is subject to certain terms and conditions.
Q.
How long is the study time/period for the MBA
program?
A.
You can complete the MBA program in two years. However,
your registration will remain valid for five years after initial registration,
and you must complete all requirements of the MBA program within this 5‐year
period.
Q.
What specializations does the MBA program offer?
A.
We offer specializations in Finance, Marketing, and Human
Resource Management. However, you can also pursue a general MBA by taking
compulsory courses from all the areas of specialization.