AZERBAIJAN STATE UNIVERSITY OF ECONOMICS
DEPARTMENT: MASTER OF BUSINESS ADMINISTRATION
PROGRAM: MBA
SPECIALIZATION: RISK AND ENGINEERING MANAGEMENT
Objective:
The MBA program in Risk and Engineering Management is designed for graduates and young professionals who wish to develop their knowledge, skills and competencies in the field of modeling, formulation, analysis and implementation of simulation for risk problems as well as skills for understanding these approaches in the broader context of engineering science. Students will benefit from a leading group of academics and an exciting collegiate environment. Lecturers possess practical and academic background. Courses are designed and taught such that graduate students absorb the theory fast and are enabled to implement new skills gained. Courses allow graduate students to transfer methodological knowledge to solve practical problems. Career prospects of graduates in Risk Engineering and Management concentration of the MBA program are broad because of the need for risk professionals with managerial and technical skills. Upon completion, graduates are expected to work as risk managers, engineers, legislators, project managers, inspectors and process engineers.
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: [email protected], 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 (UNEC) 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
RMI 501 Essentials of risk management
ACCTG 503 Financial accounting (F3)
Second semester:
SMO 502 Strategy, Organization and Innovation
RQM 502 Quality management
ROSHA 520 Occupational safety and health
ACCTG 502 Managerial accounting (F2)
Third semester:
OM 502 Operations Management
BLAW 642 Business Law (F4)
Forth semester – 4 major electives
RAPTI 612 Risk analysis in power and petrochemical industries
RIPE 605 Risk based inspection in petrochemical and power industries
RGOV 530 Risk governance concepts and practices
RTDM 601 Transport of dangerous materials and risk analysis of chemicals
RPC 514 Probability and consequences analysis
RFEP 611 Fire and explosion protection
RBCRI 610 Business continuity risks and insurance
RLCA 604 Life cycle analysis and assessment
RIRM 622 Innovation risk management
RKPI 615 Concepts and Applications of KPI for new technologies
RER 612 Emerging risks
RSRA 644 Safety and reliability analysis
SMO 610 Business transformation and project management
RTRA 614 Transportation risk assessment
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 Securities