AZERBAIJAN STATE UNIVERSITY OF ECONOMICS

      DEPARTMENT: MASTER OF BUSINESS ADMINISTRATION

PROGRAM: MBA

SPECIALIZATION: BANKING AND INSURANCE MANAGEMENT

Objective:

The MBA in Banking and Insurance Management is designed to give graduate students an essential understanding of the role and operations of the banks and insurance companies. The program is delivered by highly qualified individuals with extensive research experience and strong industry links. During their studies, graduate students will acquire fundamental knowledge and skills that will set the foundations for a successful career in the banking and insurance services sector. Finally, students will gain access to the school’s ever-growing alumni network which will support future career development of our graduate students. The MBA in Banking and Insurance Management will enable students to pursue a wide range of careers in the financial services industry and lay the foundation to prepare our graduate students for professional examinations and designations. A two year-long full-time program is designed for students who want to work in the areas of financial services, investment banking, retail banking, insurance, re-insurance and hedge funds as front and back officers, associates, private client advisors and financial analysts in public and private sectors.

MBA program length and location:

Securities specialization of the MBA program lasts for 4 semesters within 2 academic years.

The course requirement is 10 core courses (60 credits), 4 electives (24 credits) and a capstone project (12 credits), total 96 ECTS (European Credit Transfer System) credits.

Converted to US credit system the course requirement is 10 core courses (30 credits), 4 electives (12 credits) and a capstone project (6 credits), 48 credits in total.

Courses are taught in fall, spring and summer semesters two times a week. University is located in Istiglaliyyat Street 6, AZ1001, Baku Azerbaijan.

Contacts: e-mail: mba@asue.edu.az, tel/fax + (99412) 497 62 67

 

Admission requirements to the program:

Baccalaureates having a minimum of 2 years of work experience with different backgrounds (economics, commerce, mathematics, engineering, medicine etc.) are eligible to join the MBA program. Eligible international students are accepted to the program based on a contract signed between both parties (university and potential student). Local students are required to pass a uniform state attestation exam before applying to the MBA program. Potential students are required to provide a proof of English language skills along with academic eligibility.

 

Advantages of teaching methods in the MBA program:

The MBA program seeks to improve students for their leadership skills, prepare them to master systematic knowledge, capabilities and management skills, enhance their professional competence, investigate complex business information, learn analytical thinking and decision-making skills, nourish student’s entrepreneurial mind, teach them business ethics, presentation and time management skills. This program prepares students to occupy top positions in organizations with different cultures. Case studies, presentations, time management skills, group/individual projects, and business games along with theoretical approach complement a rigorous program. The program also aims at teaching students with change management skills peculiar to non-government, not-for-profit and commercial organizations along with proactive thinking style to project scenarios in a regulatory environment. Students will be graded through midterm, class attendance, participation, home works, and final examinations.

Lecturers/Professors of the MBA Program:

Along with full time faculty members of the Azerbaijan State University of Economics the MBA program benefits from scientific and practical potential of professors and lecturers with top academic and managerial background whether in public, government, or private. The program also invites academicians from high ranked universities around the globe and takes advantage of their scientific knowledge and practical potential.

 

Diploma:

Magistrates who maintain excellent, good, or satisfactory academic standing and graduate from the MBA program receive their MBA degree with all the rights and privileges related to this degree.

Securities courses:

First semester:

SMO 652                    Leadership and Organizational Behaviour

MGTSC 501               Statistics for Business and Economics

ECON 503                 Managerial Economics

ACCTG 503               Financial Accounting (F3)

 

Second semester:

SMO 502                    Strategy, Organization and Innovation

FIN 502                      Corporate Finance

MARK 502                Marketing Strategy

ACCTG 502               Managerial Accounting (F2)

Third semester:

OM 502                      Operations Management

BLAW 642                Business Law (F4)

 

Forth semester – 4  major electives

FIN 610                      Bank management

FIN 632                      Risk Management for Banks and Insurance Companies

FIN 651                      Insurance  Management

FIN 622                      Global Banking and Capital Markets

FIN 644                      International Finance

FIN 614                      Investments

FIN 634                      Option Analysis & Financial Derivatives

FIN 645                      Financial risk management

FIN 631                      Retail  and Investment bank management

FIN 551                      Deposit Pricing

FIN 561                      Loan Pricing

FIN  605                     Fundamental bank valuation model

MARK 611                Marketing for customer value

FIN 640                      Business Insurance

BLAW 615                Banking and Insurance law

HRM 602                   International Business Ethics and Corporate Governance

BLAW 631                Legal Aspects of Management

RES 620                     Research Methods in desicion making

MIS 521                     Management Information Systems

 

Capstone – Topics related to Banking and insurance management.

1048 2