The University Of Georgia
Program name: Master's Program in Business Administration
Study Level: Graduate
Program leader: Eka Gegeshidze
Study language: English
Qualification: Master of Business Administration
Program capacity: 120
Program permission: English language requirement (B2 Level) and other legal requirements. In particular, Georgian citizens must successfully pass Unified Post-Graduate Exam and For Foreign citizens and stateless persons who are graduate candidates who have lived abroad for the last 2 or more years and who have received the higher education academic degree certificate; Or students who had lived abroad for the last 2 or more years of study in a foreign country recognized in accordance with the laws of this country's institutions of higher education Or graduate candidates who are enrolled in higher educational institutions of "higher education" of the law in accordance with paragraph 3 of Article 52 (№ 224/N Ministry of Education and Science, December 29, 2011). International certificates will be recognized to confirm English level: • TOEFL IBT – at least score 80. • IELTS – at least score 6.5. • PTE General – at least level B2. • FCE – at least level B. • CPE – satisfactory pass. • CAE – satisfactory pass. The University of Georgia will conduct the B2 level test, where 70% of the test will be considered as confirmation of the competence, for the students who do not have the English language competence certificates.
Program goals:

The main goal of the English Master Business Administration program is to provide competitive and highly-qualified Business Administration professionals equipped with modern multidisciplinary theoretical knowledge and creative and practical skills, which will comprehend importance of conducting business in accordance with ethical norms and social responsibility of strategic planning and business activity, for contributing to the development of the field. The main goal of the educational program is to prepare Business Administration professionals who will be able to conduct research independently, think creatively, and have deep and systematic knowledge of business administration principles and theories and practical skills of implementing activities in various functional areas of management. Upon the completion of the program, the graduates will be able to get employed in senior management positions in different functional departments and other private and public sector organizations. They will also be able to set up companies of their own and manage them efficiently.

Methods for Attaining Learning Outcomes:
  • Lecture-seminars
  • Explanatory method
  • Demonstration method
  • Interactive lectures
  • News analysis
  • Team work
  • Critical analysis
  • Problem solving exercises
  • Case study
  • Literature analysis
  • Workbook methods
  • Relevant material search out from various electronic and paper-based resources
  • Written work methods
  • Verbal/oral method
  • Discussion
Learning outcomes:
Knowledge and understanding
Graduate will be able to:
    • have deep and systemic knowledge of managerial aspects of economic theories and principles to make decisions in new and unforeseen circumstances;
    • have knowledge of mathematical and statistical models applicable to solve certain business administration problems related to forecasting, capacity planning, optimization strategy
    • have deep knowledge of methods of critical analysis of organizations and environment and methods of assessment of possibilities of organizational development;
    • Have systematic knowledge of various methods and techniques that shape strategy formulation, development of strategy objectives, resource allocation;
    • have deep knowledge of theoretical aspects of optimization to develop new original ideas about management process of business operations
    • have deep knowledge of cost classification, decision-making problems based on relevant information and budgeting
    • know the finance coefficients to evaluate a firm's performance
    • Know concept and scope of marketing, as well as different organizational philosophies about marketing

  • Applying knowledge
    Graduate will be able to:
    • Construct economic models of behavior to solve complex business related problems in unforeseen and multidisciplinary circumstances using specific research methods and implement them in practice
    • Develop a strategic vision, make a business plan, allocate resources and draw an operational plan;
    • Independently elaborate strategic plan through allocation of resources and planning of actions of all functional departments;
    • Conduct marketing and other research independently using modern methods and approaches;
    • Process statistical results of research and determine statistical characteristics;
    • Identify complex problems in specific and unforeseen marketing environments to search creative ways for their solution;
    • Maintain financial accounting and compile financial reports for sector specific economical operations;
    • Define and derive coefficients for result assessment;
    • Conduct cost accounting subject to specific business activity;

  • Making judgments
    Graduate will be able to:
    • Critically analyze complex, and sometimes incomplete, quantitative and qualitative data obtained as a result of research;
    • Make well-grounded conclusion based on analysis of statistical information obtained as a result of marketing or other research;
    • Use up-to-date information to analyze the environment and market forces, assess competitors, analyze strengths, weaknesses, opportunities and threats (SWOT) of a business;
    • Analyze financial reports and make appropriate conclusions about the financial state of a firm;

  • Communications skills
    Graduate will be able to:
    • Present their own ideas in writing, orally and with the specific terminology in a form of presentation;
    • Describe research methods, models and assumptions, proceeding from the advantages of a selected method;
    • Publish research papers and articles in compliance with standards and norms of academic honesty.

  • Learning skills
    Graduate will be able to:
    • Identify his/her professional interests, comprehend peculiarities of the learning process, identify needs for perfection of knowledge which will allow him/her to independently determine in which direction to continue professional development and strategically plan his/her learning process on the next stage of research
    • Continue independent learning using professional literature, academic journals and newspaper articles

  • Values
    Graduate will be able to:
    • Comprehend social responsibility of strategic planning and business activity and its contribution into the development of the field
    • Comprehend importance of conduct of business in accordance with ethical norms by means of combination of personal and social interests
  • Date of approval: 10-31-2012
    Approval protocol number: 38-12
    Date of program update:
    Update protocol number: 20-18
    Program details:

    In order to earn a Master’s degree in Business Administration, student is required to collect 120 ECTS, which includes: the program core courses - 72 ECTS in total and 48 ECTS from the rest of the Master’s Program in Business Administration.

    Teaching Process Characteristics:

    Program Core

    Code Subject ECTS Semester
    ECON0511Managerial Economics6 1
    FINA0511Financial Accounting6 1
    MGMT0511Operations Management6 1
    MKTG0511Marketing Management6 1
    STAT0511Business Statistics6 1
    ACCT0521Managerial Accounting6 2
    MGMT0611Strategic Management6 2
    BUSN0620Master Thesis in Business Administration30 4

    Credits sum:


    Program Elective

    Student must take 54 ECTS
    Code Subject ECTS
    BUSN0515Business Ethics6
    BUSN0521Business Communications6
    ECON6110International economic policy6
    FINA0521Financial Management6
    LAWBUS5220International Business Transactions6
    MGMT0521Organization Behavior6
    MGMT0620International Business6
    BUSN7779Case Study6
    COMM0511Public Relations6
    FINA0611Trading Technics on Financial Markets6
    INFO0277Decision Modeling in MS Excel6
    LAWBUS5130International Investment Law6
    LAWBUS5148Internet Law6
    MGMT0612Human Resource Management6
    MGMT0613Project Management6

    Credits sum:


    Matrix Of Privequisites

    Point GPA The university assessment   The general assessment in Georgia
    97-100 4,00 A+ A Excellent
    94-96 3,75 A
    91-93 3,50 A-
    87-90 3,25 B+   Very good
    84-86 3,00 B B
    81-83 2,75 B-  
    77-80 2,50 C+   C good
    74-76 2,25 C
    71-73 2,00 C-
    67-70 1,75 D+   D Satisfactory
    64-66 1,50 D
    61-63 1,25 D-
    51-60 1,00 E E Sufficient
    Not passed
    41-50   FX FX Insufficient
    <40   F F Failed

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