MBA

Modular Business Administration

Study mode:On campus Study type:Full-time Languages: English
 
401–500 place StudyQA ranking:4061 Duration:24 months

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The primary objective of the Koç MBA program is to provide knowledge, insight and skills for future global leaders who will influence changes in organizations and communities they are involved in. Koç MBA graduates will be business leaders of the future in charge of effective organizations which are market driven, globally aware, socially responsible and where decision making is based on information with a strategic focus. Our graduates are prepared for a wide array of careers ranging from general management to specialized fields including investment banking, marketing management and supply chain management.

24-month Modular MBA allows executives to pursue a degree program while continuing their professional lives. The program welcomes students living abroad with its modular system and provides a diverse student background for class interaction.

Core Courses * Organizational Behavior (3 credits)

Human behavior and interpersonal relations as they occur in organizational context, particularly work teams.
Strategic Management in a Global Environment (3 credits)
Introduction to the concept of Strategy and Strategic Management, industry analysis: external environment of the firm, resources and capabilities of the firm, key success factors in competitive advantage, corporate strategy, global strategies and the multinational corporation, management of the multi-business corporation, current trends in strategic management.

* Introduction to Management Science (3 credits)

Introduction to business analytics for fact-based business decision making. Descriptive, predictive and prescriptive business analytics: data mining and optimization. Hands-on modeling of business problems with spreadsheets and data mining software.

* Financial Accounting (3 credits)

Financial accounting with a managerial emphasis. Generally accepted accounting principles, concepts, standards, and practices used in recording business transactions in order to prepare major financial statements such as the balance sheet, income statement, and cash flow statement. Accounting for inventories, plant, property, and equipment as well as measurement of liabilities, capital stock, and retained earnings; generation of accounting information for internal planning and control purposes are studied. Role of management accounting for decision making, determination of cost of products and services, and performance evaluation of business units are examined. Different methods of determining product costs using job costing, process costing, and activity based costing are examined. Use of cost, volume, profit analysis in order to determine product contribution margins and break-even point and study of cost behavior in relation to activity levels; determination of relevant information for decision making.

* Financial Management I (3 credits)

Introduction to the time value of money and discounted cash flow analysis; coverage of financial decisions to maximize the value of the firm's equity: valuation of assets, liabilities, and common equity; capital budgeting decisions; opportunity cost of capital; risk and return.

* Operations Management (3 credits)

Fundamental decisions and tradeoffs in control of a firm's operations: obtaining and controlling the flow of materials through a production facility and distributing them to customers. Four modules: process fundamentals; cross functional integration, coordination, and control; improving the performance of productive systems; and competing through technology and operations.

* Marketing Management (3 credits)

Marketing management in modern organizations; knowledge and application of key strategic frameworks to customer analysis, environment, competition, and organizational strengths and weaknesses. Creative selection of target markets and planning the components of the marketing mix. The role and use of information in marketing planning, determinants of and the nature of buying behavior. The complexity of developing and managing the marketing process in a multinational arena.

* Global Economics (3 credits)

Post Great Recession economic world order. Globalization and the main institutions of the global economy. Analysis of the pillars of economics and their interaction with one and other including growth, inflation, balance of payments, foreign exchange. Understanding the fundamentals of monetary & fiscal policy. Review of big fiscal and monetary policy debate in a debt laden world. The key differences between the main schools of economic thought. Turkish economy and her ambitions to become an important regional economic power fare in this environment. Other similar developing country experiences.

* Foreign Policy Analysis for Business Leaders (1.5 credits)

Changing global context and its reflections in foreign policy strategies. Main factors determining Turkish foreign policy and what they mean for geo-political dynamics, as well as the possible threats and opportunities that they pose for the business world.

* Business Law (1.5 credits)

Negotiating, drafting and reviewing contracts effectively; the basics of contract law in Turkey and under any prevailing international law standards, the rules related to contract formation, performance, breach and remedies; the key terms used in contracts for trade in goods, services and intellectual property; advanced contractual issues related to more complicated contracts such as JV, M&A, insurance and employment contracts; reviewing a contract with or without assistance of legal counsel using available samples, precedents and checklists.

* Information Systems (1.5 credits)

Basic concepts of information technology, systems analysis and design, competitive implications of information management, information systems and change, future directions in information technology use, managerial issues associated with e-commerce technology.

* Corporate Governance (1.5 credits)

Procedures and processes by which companies are directed and controlled; the board of directors and its working procedures; strategies to influence management thinking on the part of the board of directors, individual directors, shareholders and the wider community of stakeholders; comparative perspectives on governance in the Industrialized World and in Emerging Markets.

* New Venture Development (3 credits)

Overview of the processes involved in starting, funding and investing in a new or growing entrepreneurial venture. Development of skills and knowledge required for organizing and managing a new business enterprise and preparing the business plan. Business Plan project, requiring students to work in groups on the development of a business idea into an entrepreneurial project. Final evaluation of the project conducted by a group of executives representing a broad range of industries.

* Applied Business Project (6 credits)

Research term project conducted individually by the student under the guidance of a faculty member. Culminates in a written project report.
Prerequisite: Consent of instructor and director.

* Strategy Deployment (3 credits)

Execution of business strategy; interdependence with policy, structure, people, strategic and operating plans, performance measurement, processes, corporate vision and values, business unit metrics. Understanding of corporate dynamics that hinder or foster effective execution. Systems, tools and resources for strategy aligned implementation.

* Capacity Building Seminars (1 credit)

Capacity Building Seminars are extra-curricular activites aiming to develop the managerial competencies of students. Capacity Building Seminars consist of integrative learning experiences outside of the traditional classroom setting. The main tracks of the Capacity Building Seminars are: developing managerial skills, developing communication skills, career planning, career sessions, guest speaker series. Students are required to participate in a minimum number of activities to be able to get an S grade. In addition to the mandatory activities, students can choose from among a set of workshops and guest speakers in order to fulfill the requirements.

* Term Project (1 credit)

Research term project conducted individually by the student under the guidance of a faculty member. Culminates in a written project report.
Prerequisite: Consent of the instructor and the director.

The first and foremost condition for joining the Koç MBA Program is to be a highly motivated and dedicated individual. In addition, applicants must possess the following qualifications: * An undergraduate degree from an accredited institution * Minimum two years of full-time professional work experience * Completed military service (if applicable) or proof of deferment * Proficiency in EnglishIn order to apply to the MBA Program, the applicants must complete the online application (Gradapp.ku.edu.tr) and upload the following; * GMAT/GRE test score (should also be sent to the institution number 0163) * Average GMAT Score of the MBA Class 2012-2013: 606 * An official academic transcript from every university attended * Three essays as specified * Application fee payment slip * TOEFL/IELTS and ALES scores can also be uploaded if available * 2 Reference Letters should be submitted for the application. The candidate should provide the contact information of those who will fill in the reference letters in the online application. They will be provided with the web link of the reference letter form via e-mail.Selected applicants will be called for an interview by the Graduate School of Business. The candidates will be given a short article to read and study before the interview and will be asked to answer questions related to the article as a part of the interview process. Work Experience At least 2 year(s) of work experience is required.

Accreditation

All of the programs are covered by the EQUIS accreditation Koç University has obtained in 2009 and the language of instruction is in English.

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