AZERBAIJAN STATE UNIVERSITY OF ECONOMICS
ٷʴղѷ: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: [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 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.