GUST offers an MBA degree designed to meet your professional needs and goals. The MBA program at GUST is designed for risk-taking, challenging, and intelligently experienced people. People who seek to develop and grow in their career and bring out the confident leader within them. The MBA program has been developed to ensure that it meets the highest international standards with a local market flavor. The major learning outcomes of our MBA emphasize leadership, ethical standards, teamwork, and critical thinking. The curriculum will teach you how to use analytical outlines and tackle complex problems, which will help you progress in your career to earn your next promotion. Throughout the program's duration, you will experience being treated professionally with interest and responsiveness- by an approachable and collaborative faculty focused solely on developing your business and leadership skills. Our MBA program, which holds international accreditation, is specifically designed to meet the decision maker's strategic needs.
The MBA program consists of 15 courses (45 credits) distributed as follows:
Core Requirements: 12 Courses (36 Credits)
Professional Concentration Electives: 3 Courses (9 Credits)
Financial and Managerial Accounting
Economics for Managers
Statistical Analysis for Management Decisions
Financial Management
Management Information Systems
Contemporary Marketing Concepts
Law, Ethics, and Business
Management & Organizational Behavior
Quantitative Methods in Business
Human Resources Management
Production and Operations Management
Strategic Management
Financial Reporting and Analysis
International Accounting
Accounting Systems for Management & Planning Control
Accounting for Decision Makers
Corporate Governance
Advanced Topics in Economics
Advanced Topics in Economics
Corporate Finance
Risk Management
Islamic Banking
International Finance
Topics in Finance
Managerial Communications
Entrepreneurship and Small Business Management
Topics in Management
Special Topics in Management
Electronic Commerce
Consumer and Motivational Behavior
Marketing and Business Research
Topics in Marketing
This course builds on the foundations covered in BA 5400, emphasizing in-depth analysis of published financial statements. The course begins with discussion of the role of financial accounting information in capital markets and contracting, and continues with examination of a number of specific accounting issues. Students are encouraged to look behind the numbers to better understand the economics of the underlying transactions, and properly interpret what the reported numbers mean about a firm's future prospects.
A study of advanced managerial accounting techniques used in facilitating the planning and control process in modern business enterprises. Emphasis is on the implementation and administration of these techniques, their integration with management information systems and the organizational role of the corporate accountant.
This course focuses on the use of accounting information for making operating, investment and strategic business decisions. Topics include interpretation and analysis of financial statements, use of accounting information by capital market participants, contribution margin analysis, tactical decision making, pricing and product decisions, budget analysis, and performance measurement.
Corporate Governance
Topics in Economics
Topics in Economics
This course will deal with in-depth analysis of issues in corporate finance. Topics include financial asset pricing, risk and return, short-term and long-term investment decisions, the choice of capital structure, dividend policy, and mergers and acquisitions.
This course focuses on an analysis of the measurement and management of market, credit and operational risk. The subject involves the study of both financial and operational techniques of exposure to interest rate and foreign exchange risk as the two main types of financial risk. Basel II Accord on the measurement and management of credit and operational risk is also reviewed.
Exposure to Shariah Rules and Regulations governing financial activities : Islamic law of contracts, Islamic mode of financing , and issue related to Islamic money market, Islamic capital market, Islamic instruments, risk, uncertainty, gharar, interest / usury (riba) , gambling, etc
This course will focus on the study of the foreign exchange market and other international markets as a background to the analysis of international financial operations, including arbitrage, hedging, speculation, investment and financing. International parity conditions are examined critically as they relate to business decision making.
An examination of methods for designing and operating service delivery systems, such as in the health care, financial, transportation, hospitality, and governmental service industries. Topics include process and facility design, facility layout and location, queuing, demand forecasting and management, service quality, staffing, and personnel scheduling.
This course deals with the application of the principles of business management to the problems of small and medium size businesses. Topics include the forms of business, development of business plans, venture capital, accounting procurement, financing, distribution and negotiations for initial organization, and operation and expansion of the firm.
This course is designed to give students a fundamental understanding and an overview of international business environment as an elective course. Topics covered include: Overview of International Business & Globalization, Culture, Governmental and Legal Systems, Trade & Factor Mobility Theory, Trade Protectionism, Economic Integration and Cooperation, Ethics & Social Responsibility, Strategies for International Business, Modes of Trading Internationally, and Forms and Ownership of Foreign Production.
An examination of the information technology that provides a basis for electronic commerce and its application in a variety of sectors and industries. Also included is coverage of the tools, skills and business concepts that surround the emergence of electronic commerce and the consequences of applying this technology to various commercial processes. Other topics are security, privacy, intellectual property rights, authentication, and legal liabilities.
An analysis of the socio-psychological foundations of consumer behavior including personality differences, needs and wants, status symbols, social change and mobility, fads and fashions. Consumer spending and saving habits, product preferences, leisure-time patterns, shopping behavior and motivation research are also examined for their impact on advertising, selling and marketing management.
This course offers a broad approach to marketing research as a model for acquiring, retrieving, and analyzing decision-making information, including market measurement, evaluation of sales and cost effectiveness, sales forecasting and primary marketing research studies aimed at solving specific problems. Emphasis is placed also on building a theoretical and analytical framework to provide flexibility in the design of marketing experiments and in judging recent research innovations.
GUST has established bilateral agreements with internationally renowned universities and business schools among which our cooperative partner - the University of Missouri - St. Louis in Missouri (UMSL), USA. These agreements provide students with great opportunities to explore courses of strategic importance in a global context, offered with a world - class entrepreneurial experience.
Course: MRKT596- Advanced Topics in Marketing Industry 4.0 and its Impact on Management and Marketing (3 credits-Elective course)
Location: Freie Universität Berlin, Germany
Number of students: 22 Graduates
The Graduate Studies and Research Office has organized an intensive MBA course abroad for a group of 22 MBA students "MRKT 596- Advanced Topics in Marketing Industry 4.0 and its Impact on Management and Marketing" during the period from 16th-26th July 2019 in cooperation with Freie Universität Berlin, “Executive Master of Marketing” program, under the supervision of both Dr. Bassam Alameddine- Director of Graduate Studies and Research Office at GUST and Prof. Dr. Dr. h.c. Michael Kleinaltenkamp-Director of Executive Master of Business Marketing at FUB.
This course is one of the MBA elective course in Marketing offered for Summer Semester 2018/2019 . The course involved instructor-led lectures covering different topics, and combined classroom experience and company visits to big companies in Berlin such as OSRAM former unit of SIEMENS, SICK one of the world leading producers of sensors and The Einstein Center Digital Future which is the new center for digitization research in Berlin in addition to a visit to the Deutsch Parliament.
This course abroad was part of GUST bilateral agreements with internationally renowned universities and business schools which provide our MBA students with great opportunities to explore courses of strategic importance in a global context, offered with a world - class entrepreneurial experience.
Course: MGMT561- Entrepreneurship and small business management (3 credits-Elective course)
Location: University of Missouri-Saint Louis (UMSL), USA
Number of students: 14 Graduates
The MBA Program has organized a course abroad "MGMT 561- Entrepreneurship and Small Business Management" for a selected group of 14 MBA students during the period from 13th -23rd July 2017 at the University of Missouri - St. Louis (UMSL), USA. This course is a 3 credits MBA elective course in Management and part of the electives offered for Summer II Semester 2016/2017.
The MBA students were introduced to the techniques on how to be a successful entrepreneur through daily seminars on Global leadership, International entrepreneurship and strategic leadership. The course included some company visits to Cortex, Zee Bee Market and Anheuser Bush Brewery followed by Innovation and venture exercises.
Course: FIN 596- Strengthening capital markets knowledge (3 credits-Elective course)
Location: The London Stock Exchange Academy- London, UK
Number of students: 21 Graduates
The course has served as a tool to build bridges with prestigious world-renowned institutions. The demand for this particular course has been pressing due to the increasing need for the students to gain an insight as well as hands-on experience in conducting stock exchange on sound scientific grounds. The students were introduced during the sessions to the principles of the stock market and how to create a new idea and put it into practice. Financial analysis of the market fluctuations, IPOs, the role of capital markets in economic development , the fund raising options that capital markets can offer to companies to boost their growth, pre-trade, post-trade and many other concepts. The course gave MBA participants the opportunity to present and reflect on their views about the future opportunities offered to Kuwaiti companies by international capital markets. The program of the course included enriching company visits to present exemplary practices by leading businesses such as FTSE, Bank of America Merrill Lynch trading desks and others. The 5 day experience aided students to build knowledge on Corporate Governance and Investor Relations practices, which are key components for a sound management system in listed companies. The course material was delivered using “active learning” techniques, with interactive case-studies and simulations.
Course: MGMT 596- Innovation and Negotiation in International Business Management (3 credits-Elective course)
Location: The Global Leadership Institute- Boston College, USA
Number of students: 22 Graduates
By attending this program-Innovation and Negotiation in International Business Management- with Boston College, students were able to improve their ability to innovate and solve business problems on a global scale. Through analytical review, case study, and interactive discussions and presentations, students enhanced their ability to provide knowledgeable and skillful leadership for their organizations. In addition to improving their understanding of international business management, students expanded their insight into negotiations and conflict resolution in the business environment. By developing a practical and working understanding of negotiations and conflict resolution, students are expected to lead their organizations through challenging business relationships as they expand globally and visits to companies such as Microsoft proved very valuable in linking theory to practice.
Course: MGMT 561- Entrepreneurship & Small Business Management (3 credits-Elective course)
Location: Grenoble University - Graduate School of Business - France
Number of students: 20 Graduates
The students were introduced to the techniques on how to be a successful entrepreneur and learn the philosophies of how to create “new idea innovation” and its “strategic positioning.” The students were exposed to the various types of research and analysis that an entrepreneur would need to ensure the success of an entrepreneur, such as: Assessment Elements, Market Research, Competitive Analysis, Risk Analysis and Financial Analysis.
The distinctive feature of the course delivery is the hands on experience on how to construct both business models and business plans through funding basics. Many other vital topics were introduced including: E-Marketing management, virtual communication as well as all the new trends in technology to support the entrepreneurship endeavor. During this visit, the students had the opportunity to visit prominent companies and participate in social events.
Course: MRKT 595- Topics in Marketing (3 credits-Elective course)
Location: College of Business at Florida International University (FIU) – USA
Number of students: 18 Graduates
The course focused on different topics, and combine classroom experiences and company tours. The GUST program centered on real estate and international marketing including a number of presentations by faculty members as well as local experts in real estate. Twenty-five sessions examined an array of industry issues, from ways capital flows to real estate to the unique attributes of the real estate sector. In-depth information on marketing techniques—such as social media for entrepreneurs and benchmarking-conveyed uniquely American and international content.
MBA Students also had the opportunity to take three-hour walking and bus tours of retail, office and residential properties in Miami, Florida as well as pay company visits to Royal Caribbean and MasterCard.
Course: FIN 599-Implications of Current Financial Crisis (3 credits-Elective course)
Location: Fordham University, New York -School of Business – USA
Number of students: 16 Graduates
The course involved instructor-led lectures covering strategizing under uncertainty, global investing after the crash of 2008/2009, finance and global sustainability, marketing of financial services, and leadership and teamwork through a jazz workshop. The students visited New York Stock exchange, NASDAQ, Citibank, Bank of America, Wall Street and Jaz at Lincoln Center, and Bloomberg.
Course: MGMT 599-Doing Business in China (3 credits-Elective course)
Location: Sun Yat Sen University -School of Business - China
Number of students: 22 Graduates
The course involved instructor-led lectures on Chinese culture leadership, communication, Foreign Direct Investment (FDI) in China and FDI laws, and the business environment in China. The students visited several factories such as the Guangzhou Computer Chamber of Commerce, JV Toyota factory, GREE air conditioning factory, a textile factory and an Arabic Trading Company.
Sincere congratulations to the following MBA students who graduated from the program with a Degree Awarded with Highest Honors for a cumulative GPA of 4.0 and a Degree Awarded with Honors for a cumulative GPA of 3.85 and above.
| Name | GPA |
|---|---|
| Najeeb A A A Abdullah | 3.96 |
| May Emad Ibrahim Yaseen | 3.93 |
| Nada A H A M Sheshtar | 3.93 |
| Maryam F H K H Karam | 3.91 |
| Jasem M J M Y Al Msalieem | 3.90 |
| Salma H A A Al Ayoubi | 3.89 |
| Abdullah J Y A M Al Sultan | 3.87 |
| Abeer N A M E Al Jallal | 3.85 |
| Mohammad KH A A Al Anjari | 3.85 |
We would like to congratulate our MBA program grduates who are placed on the President’s Honor List who have passed all semester courses and attained an overall GPA of 4.0
Congratulations to MBA graduates placed on the Dean’s Honor List who have passed all semester courses and attained an overall GPA of 3.67
Heartfelt congratulations to GUST MBA program who made it to the Highest Honors List by getting a cumulative GPA of 4.0 upon graduation.
Conditional admissions will be granted to a candidate who has a four-year bachelor degree from an accredited university with a minimum GPA of 2.50 an English Language requirement as indicated above, and has a minimum of 2 years of work experience in the job market.
Students may begin the MBA program in the Fall, Spring or Summer semester. Applications for admission to the MBA Program should be submitted to the MBA Office no later than one week before the first day of enrollment period. Applications will be considered on a first come, first serve basis.
Yes, the TOEFL/IELTS is required for admission into the MBA program. If you have taken the TOEFL more than two years ago, you will need to retake the exam. A minimum IELTS score of 6 or TOEFL score of 550 (paper) or (213 computer-based or internet-based 80) is required.
A maximum of twelve semester hours in graduate credit from another accredited college or university may be applied toward the required program credits, provided the grade for each course is at least a B (3.0). However, these courses must be approved by the appropriate College Dean and the Director of MBA program. Only classes taken within the last five years may be transferred in.
Yes, an academic advisor will be available to meet with you.
No, only students matriculated in the GUST MBA Program are permitted to take classes. You must apply, submit transcripts and other required documents to be considered for acceptance.
The program can be completed in two years (four semesters) full-time.
The total fee (exclusive of application and registration fees) for the MBA Program is approx. 10,800 KD for total 45 credits (each credit hour is 240KD).
The GUST MBA program runs small class sizes with an average student/faculty ratio of 25 to 1.
| Tution Category | PRE-MBA | MBA |
|---|---|---|
| Application Form Fees | KD 30 | KD 20 |
| Admission Fees | KD 10 | KD 20 |
| Course Fees | KD 600 Per Course | KD 720 Per Course |
| Cost Per Credit Fees | KD 200 | KD 240 |
| Computer Services Fees | - | KD 50 Regular / KD 25 Summer |
| Student Activity Fees | - | KD 20 Regular / KD 10 Summer |
The MBA program offers its students the opportunity to engage in consultancy workshops with a wide range of industry-based consultancy projects.
Students as a team to solve actual problems faced by the organization.
Upon completion of the study, a team produces and submits a formal report to both the organization / company and the university.
Below are just some of the companies our MBA students had the opportunity to work with through our consultancy workshop program:-
Block-5, Building 1
Mubarak Al-Abdullah Area
West Mishref, Kuwait
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