The Executive MBA Program
The Koç University Executive Master of Business Administration Program (EMBA) enables mid-career professionals with a minimum work experience of 5 years to improve their managerial and leadership skills and to equip themselves with the analytical foundation necessary for higher levels in their careers.
The design of the program allows students to complete their education without any disruption of work in 13 months. It starts with a two-week full-time module in August. It continues with classes taught only on Saturdays to fit corporate lifestyles. The program ends with another two-week full-time module at the end of the following August.
Since its foundation, Koç University has made a commitment to being an academic center of excellence in teaching and research and being recognized worldwide with its students, faculty, educational and research programs.
BASIC COMPONENTS OF THE SUCCESS OF KOÇ EXECUTIVE MBA
We believe that the growing reputation of the program is a result of the following factors of success:
- Top-notch Professional Students
- Internationally Recognized Faculty
- Strong Return on Education Investment
- Rigorous Curriculum
- Supportive Learning Environment
- Excellent Resources and State-of-the-art facilities
Rigorous Curriculum The Koç Executive MBA curriculum emphasizes the fundamentals of business and management theory: economics, accounting, business strategy, management and decision sciences, finance, marketing, operations management, management information systems, and international business. The result is an MBA graduate with strategic insight, multi-functional expertise, a global perspective, and the analytical and informational skills required of a world-class business leader.
The program combines a rigorous theoretical and analytical approach with practical and conceptual tools.
Koç University has based its educational program on the principle of "creative teaching/participatory learning". The faculty use a variety of teaching methods. These include case analysis, role playing, written and oral presentations, model-building exercises and computer as well as management simulations. Some classes use the more traditional lecture and discussion methods. Each faculty member is encouraged to adopt the style that works best given course objectives, the nature of the material, and the instructor’s own preferences.
Students are expected to participate actively in class discussions, make presentations, write papers and complete assignments individually as well as in group projects.
Cases are used frequently to improve problem diagnosis, analysis, and creative problem-solving skills. Most cases describe complex, real organizational issues. Harvard Business School, INSEAD, Kellogg, Babson College and Darden cases are used in the program, in addition to the cases developed by Koç University faculty members. Leading executives frequently visit the school to make class presentations based on their own experiences. In classes and in project work groups, students discuss their own managerial problems and opportunities.
The program ends with another two week full module at the end of next August. The total contact time, that is the time spent on campus with the program-related activities, is around 600 hours. The students come to the campus for a total of 78 days. Except for the beginning and ending full-time summer terms, students come to the campus on Saturdays and only on a limited number of Fridays. The total time for out-of-class preparation, projects and assignments is estimated to be around 1200 hours that makes the total time commitment for a participant to be over 1800 hours in 13 months. The program is supported with web-based technologies in order to help participants use their time more efficiently. Two special events, Executive Conference and Corporate Day are also scheduled on two Fridays. Curriculum Summary
- Outdoor Team Building
- Communication Skills Workshops
Full Time Term I
- Leading and Managing in Organizations
- Managerial Economics
- Managerial Statistics
- Managing Human Resources
- Financial Accounting
- Quantitative Methods for Business
- Marketing Management I
- Managerial Finance I
- Building Leadership and Management Skills
- Business Strategy - Part I
- Managerial Finance II
- Operations Management
- Senior Executive Conference
- Business Strategy - Part II
- Management Accounting
- Business Strategy - Part III
- Management Information Systems
- Marketing Management II
- International Business
Full Time Term II
* All advanced electives in the full-time MBA program are open to Executive MBA students.
- Turkish Economy
- New Venture Development (Entrepreneurship)
- Business Simulation
Koç Executive Mba Curriculum Advantage
With its well thought out curriculum and the experience that has been built up over the years, Koç Executive MBA develops:
- Functional knowledge across all business disciplines
- Strong focus on strategy to address complex issues and competitive challenges
- Leadership and the ability to work effectively in teams
- Proficiency in computing for analysis, communication and presentations
- Creative, informed decision analysis
- Oral and written management communication skills with improved English fluency
- An international management perspective
All Executive MBA students come with superior track records in their fields. The knowledge and skills they gain during the intensive thirteen month program prepare them to make even greater contributions to their companies’ successes. What is learned in class can be applied at the work place immediately.
EXECUTIVE MASTER OF BUSINESS ADMINISTRATION COURSE DESCRIPTIONS
Financial accounting with a managerial emphasis. Generally accepted concepts, assumptions, standards and practices used in recording business transactions and in the preparation of published financial statements: balance sheet, income statement, and cash flow statement. The basic recording cycle involved in recording, storing and summarizing business transactions, accounting for current assets, inventories, plant-property-equipment, liabilities, capital stock and retained earnings. The effect of different accounting alternatives on the financial position and profitability of the company. Analysis and interpretation of financial statements.
A user-oriented approach to the design of management accounting procedures and systems to collect, classify, process, analyze, and report information to assist managers of complex hierarchical organizations in their planning and control activities. Accounting information that enhances decision making, guides strategy development, evaluates existing strategies, and focuses efforts related to improving organizational performance. Emphasis on innovative practices including activity-based costing and target costing and the balanced scorecard.
Competitive strategies and major organizational forms used by today's successful companies, including functional, divisional, matrix, network, and cellular organizations. Techniques for analyzing industries, competitors, and companies from a strategic perspective. A comprehensive audit of company strategy to explore the major competitive, organizational, and human resource issues the designated company will face in the future.
Managing a computer simulated firm over consecutive, annual operating periods whereby competitive performance is measured in terms of market shares and corresponding financial results. Integrative learning experience in the essentials of financial accounting, principles of marketing, finance and operations management; and the importance of good forecasting in balancing the overall business activities of a firm in a market- driven economy.
MANAGING INTERNATIONAL CORPORATIONS
Real business situations, strategies, tactics and decisions. Corporate re-organisation, portfolio management and business restructuring. Deconstruction of the value chain covering the shared services implementation; how to do business in mature and emerging markets highlighting the importance of a ?Cultural Fit?. Transformation from product to service business, how to work with consultants in different business circumstances.
A political economic analysis of international business; transnational corporations and models of international investment; multilateral agreements, new regionalism with reference to the European Union, NAFTA and the Asia Pacific blocs; financial crises in emerging markets and the reform of the IMF.
MANAGERIAL FINANCE I
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.
MANAGERIAL FINANCE II
The valuation framework developed in MFIN 901, applied to a series of major corporate financial and asset management decisions: Issuance of corporate securities, corporate financing decisions, dividend policy, capital structure, and corporate risk management.
Fundamental concepts and analytical tools of microeconomic theory as applied to managerial decision making. Demand, supply and equilibrium in a competitive market. Market equilibrium in monopolistic and oligopolistic markets; markets with network externalities; behavior under conditions of asymmetric information.
Focuses on understanding the broader macroeconomic and global environment in which managers make their decisions. Basic national income accounting, monetary and fiscal policy, inflation, determination of exchange rates and international aspects of macroeconomics.
Examination and evaluation of the developments in Turkish economy using the basic economic concepts and tools. Investigation of the post-1980 Turkish economy with emphasis on current policy issues and future prospects.
MANAGEMENT INFORMATION SYSTEMS
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.
NEW VENTURE DEVELOPMENT
An 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.
SELECTED TOPICS IN MANAGEMENT
Topics will be announced when offered.
MARKETING MANAGEMENT I
An overview of broad marketing issues facing higher level of management. Strategic perspective in study of business and marketing objectives, market segmentation, targeting and positioning, product development, pricing, distribution, promotion, market research and global marketing.
MARKETING MANAGEMENT II
Managerial view of marketing as a major component of corporate strategy. Decision making related to product, price, promotion and distribution strategies and developing an integrated marketing mix program.
INTERNATIONAL MARKETING STRATEGY
Managerial study of opportunities and complexities of conducting marketing operations in the global marketplace. Marketing decisions for identifying and selecting new markets, entering, and expanding in those markets over time; strategic planning and execution of the marketing mix in small and medium size enterprises as well as the experienced multinationals; designing the international distribution channel, managing price escalation, and export/import activities. The course is cross-functional, strategic, and decision-focused.
Fundamental decisions and tradeoffs in the operations management of service as well as manufacturing companies: obtaining and controlling productive resources; process management fundamentals; cross-functional integration, coordination and control; improving the performance of productive systems; and competing through technology and operations.
LEADING AND MANAGING IN ORGANIZATIONS
Fundamental changes in the way that management is practiced based upon new patterns of competition, new technologies and shifts in values. Topics include motivating individuals and teams, organizational conflict and negotiation, managing change and transformation.
BUILDING LEADERSHIP AND MANAGEMENT SKILLS
This course builds on work begun in orientation program dealing with team building, group and feedback processes. Launched by a series of skills building workshops including effective writing and public speaking, negotiations and creative problem solving, the course explores the leadership concept, key leadership traits and typical leadership styles, situational leadership, and the critical role of leadership during the change process. A personal development plan is prepared based on self-awareness to build on strengths while improving weaknesses in order to develop abilities to manage oneself and to lead others.
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.
QUANTITATIVE METHODS IN BUSINESS
An introduction to the basic concepts of model building and forecasting. Extrapolation methods, multiple linear regression, decision analysis, simulation and linear programming. Strong emphasis placed on practical applications and decision making. Developing basic analytical skills, such as formalizing trade-offs, specifying constraints, providing for uncertainty, and performing sensitivity analysis.
INTRODUCTION TO MANAGERIAL STATISTICS
An introduction to statistics as applied to managerial problems. Conceptual understanding , limitations and misuses of statistics and interpretation of statistical results are emphasized. Hands-on experience is provided using software. Descriptive statistics including central tendency, dispersion, skewness, covariance, binomial and normal probability distributions, confidence intervals for means, and simple linear regression. Examples from finance, operations, and marketing.