American University of Beirut

Suliman S. Olayan School of Business (OSB) Graduate Program

Fadlo Khuri President of the University
Zaher DawyProvost
Yusuf SidaniDean
Lama MoussawiAssociate Dean for Research and Faculty Development
Victor AramanAssociate Dean for Programs
Bradley Jon TuckerRegistrar, ex-officio
Antoine SabbaghDirector of Admissions, ex-officio
Fida AfiouniAssociate Provost
Fatme Charafeddine Interim University Librarian, ex-officio

Professional Administrators

Dania El-AshiDelivery Manager
Nada Khalidy KouziFacilities and Events Officer
David MattaDirector of Career Management Services
Layan SarkisAdministrative Affairs Manager
Abir SinnoStrategic Initiatives Manager
Amal ShbaroAdministrative Assistant to the Dean
Zeina SuccarFinancial Officer

Program Directors and Coordinators

Zeina Harfoush NsouliExecutive Director of the Undergraduate Program
Maya El HelouDirector of Graduate Programs
Yasmeen MakaremDirector of the MHRM Program
Lina Tannir-FawazMBA Director
Patrick FitzgeraldEMBA Director
Henry AzzamDirector of the MFIN Program
Lama MoussawiInterim Director of the MSBA Program
Aya SheaibEMBA Program Coordinator
Wassim DboukInvestment Management Program Director
Hagop PanossianInternational Case Competition Program Director
Hanaa MounzerProgram and Event Delivery Manager
Rajab GhazzaouiProgram Design Manager

Center Directors 

Bijan AzadDirector, Darwazah Center for Innovation Management and Entrepreneurship
Nada NaufalDirector, Rami Fouad Makhzoumi Initiative in Corporate Governance
Lama MoussawiDirector, The Center for Inclusive Business and Leadership for Women (CIBL)

Middle East Advisory Board

Elissar Farah Antonios Chief Executive Officer of Citi Bank | UAE
Karim BaalbakiManaging Director, BCI Holding S.A.| Lebanon
Tarek DaoukCEO , Dentsu Aegis Network| MENA
Charbel FakhouryVice President Enterprise Services , Microsoft | Middle East & Africa
Rana Ghandour SalhabMember of the Middle East Board of Directors and Executive Committee at Deloitte | Middle East 
Dipak C. Jain Former Dean | U.S.
Daniel A. SzpiroDean | MARIST School of Professional Programs
Raja AssiliChief Executive Officer at Qatari Investors Group QSC

The Finance, Accounting a​nd Managerial Economics Track

Convener:Jamali, Ibrahim
Professors:Elfakhani, Said; Safieddine, Assem
Visiting Professor:Ahmed, Neveen
Associate Professors:Dbouk, Wassim; Ismail, Ahmad; Jamali, Ibrahim; Mazboudi, Mohamad
Assistant Professors:Faour, Mohamad; Abou Tanos, Barbara
Senior Lecturers: Azzam, Henry; Ghanem, Abdel Jalil; Tannir-Fawaz, Lina; Uwaydah-Mardini, Rania
Lecturers:
Hout, Bassima; El-Hajj, Sana
The Management, Marketing and Entrepreneurship Track
​ ​
Convener:Daou, Alain
Professors:Sidani, Yusuf
Associate Professors:Afiouni, Fida; Daou, Alain; Farah, Bassam
Assistant Professors:Elias, Rida; Itani, Mona; Joseph, Jay; Saade, Nathalie; Makarem, Yasmeen; Abi Aad, Amine
Senior Lecturers: Abdallah, Hanin; Dimechkie, Riad; Panossian, Hagop; Khauli, Leila
Lecturers:Kfoury, Jessy
Instructors:Kfouri, Michael

The Business Information and Decision Systems Track
​​

Convener:Fleszar, Krzysztof
Professors:Osman, Ibrahim; Fleszar, Krzysztof; Araman, Victor; Azad, Bijan
Associate Professors:Moussawi, Lama; Bou Hamad, Imad; Nasr, Walid; Zablith, Fouad
Assistant Professors:Khreich, Wael; Salamoun, Randa
Executive in Residence:Halpin, Harry
Lecturers:Geutcherian, Rita; Majdalani, Elie

History and Overview

Business Education at AUB started in 1900 and was provided either by a department or by a semi-autonomous school under the university’s Faculty of Arts and Sciences for approximately one hundred years. In celebration of the hundred-year anniversary of offering business programs, AUB established an independent School of Business (later named the Suliman S. Olayan School of Business, OSB) in September, 2000, as the sixth faculty of the University.

To date, AUB has graduated over 8,000 students from its undergraduate business programs and over 1,750 from its graduate business programs. Since its formal establishment as a distinct school, OSB has grown its full-time faculty complement from 13 members in the academic year 2000-2001 to 57 members today. It now graduates approximately 350 students from its undergraduate program and more than 60 students from its graduate programs every year.

OSB currently offers five degree programs which include an Executive Master of Business Administration (herein referred to as the Executive MBA), a Master of Business Administration (herein referred to as the MBA), a Master’s in Finance (herein referred to as the MFIN), a Master’s in Human Resource Management (herein referred to as the MHRM), a Master’s in Business Analytics (herein referred to as the MS-BA) and a Bachelor of Business Administration (herein referred to as the BBA).

The First AUB Faculty to Be Named

In June 2003, the AUB School of Business was named the Suliman S. Olayan School of Business (herein referred to as OSB) in honor of the late international Saudi businessman and AUB trustee whose family has always been a major supporter of AUB.

This watershed event triggered a series of major developments intended to broaden and deepen the delivery of quality undergraduate and graduate business programs at AUB. An entirely new curriculum was introduced for the BBA and MBA degrees in Fall 2001. Both degrees were redesigned to follow leading trends in international business education. In Spring 2004, OSB launched the Executive MBA program in response to the professional development needs of senior corporate leaders in the region. In 2012, OSB introduced a Specialized Master’s in Finance and a Specialized Master’s in Human Resource Management, and in 2017, introduced a Master of Science in Business Analytics, to its suite of graduate degree program offerings as part of its strategy to better serve the region, increase its graduate enrollment and further enhance AUB’s global brand as the regional business education leader.

Accreditation

The degree programs of OSB are accredited by the Association to Advance Collegiate Schools of Business (AACSB International).

Requiring rigorous quality audits and adherence to best academic practices, AACSB accreditation, which is attained by fewer than 5 percent of business schools worldwide, is the international quality assurance standard for business education programs. Initial accreditation was achieved in 2009, and as per AACSB re-accreditation guidelines, OSB was re-accredited in 2014, and more recently in 2019, marking 10 years of AACSB accreditation.

Vision

The Suliman S. Olayan School of Business’ vision is to transform business thinking in the MENA region.

Mission

The Suliman S. Olayan School of Business’ mission is to enable world-class business research, learning and knowledge transfer from our authoritative anchor point within the MENA region.

RADICAL Values:

Resilience: We work at continuous improvement and excellence with determination and resolve. At OSB we proudly embody a trait often attributed to our larger region. Giving up is simply not part of our vocabulary.

Agility: Success at OSB requires that we move quickly and nimbly at opportunities, all while maintaining rigor and attention to detail. We work to remove all things that deter us from an agility that keeps us competitive.

Daring: We allow ourselves to work differently, experiment where others might caution, and explore as a means to keep ourselves fresh and relevant. Daring is a mindset that allows us to be innovative, entrepreneurial and creative in our own way.

Impact: We are at AUB to have impact through our research, teaching and transfer of knowledge. That service is multifaceted and involves a large number of stakeholders relevant to our spheres of influence.

Commitment to good: We are professionals committed to fulfilling our roles and responsibilities with integrity. We represent, in our roles, the highest standards, compassion and empathy that others will learn to emulate, and we will remain steadfast in expecting this of each and every one.

Anchored in our community: We are deeply rooted in the Lebanese community and the greater MENA region, and we interpret this fact as a definitive strength that is hard to replicate. It is the community that we are from, that we understand and that we are committed to building from our developing position of international strength.

Legacy: Our history is rich and inspirational and thinking of it invigorates us daily when we recognize what people have accomplished through AUB. We draw entrepreneurial courage from Suliman S. Olayan’s business acumen and success, a great perspective on community service from AUB’s many impactful alumni, and resilience from an institution that has withstood a century and a half of tumultuous societal challenges with great distinction.

Ethics and Integrity at OSB

OSB is committed to the highest standards of academic integrity and expects its faculty and students to exhibit exemplary behavior in this regard. All business students are responsible for familiarizing themselves with and always abiding by the AUB policies, rules and regulations that define standards for academic integrity.

Organization and Governance

The Suliman S. Olayan School of Business (OSB) is managed by the dean, associate deans, track conveners, program directors and the professional administrators of the school. Track conveners report directly to the dean of the school. The school is guided by the Middle East Advisory Board, a board composed of accomplished regional thought leaders and trendsetters in business. It operates under a set of school bylaws available at the following web address:
https://aub.policytech.eu/dotNet/documents/?docid=149&public=true

OSB is organized into the functional equivalent of multidisciplinary departments, referred to as tracks. While each track has its distinct identity and designated faculty members, a track is markedly different from a department; it allows for multiple faculty membership, offers fertile soil for cross-disciplinary synergy and facilitates faculty cooperation.

The school has three tracks, each encompassing a cluster of distinct academic business disciplines and headed by a track convener:

The tracks are:

  • Finance, Accounting and Managerial Economics (FAME)
  • Management, Marketing and Entrepreneurship (MME)
  • Business Information and Decision Systems (BIDS)

Graduate Programs

OSB currently offers five graduate degree programs: Executive MBA, MBA, Master’s in Finance, Master’s in Human Resource Management and Master’s in Business Analytics.

For transfer of credits from one Master’s Degree to an OSB graduate degree, no more than 9 credits (12 credits in the case of the MBA program) are transferable provided they are not credits earned by an internship, thesis or practicum, and degree minimum residency requirement is maintained. Normally, credits counted toward another graduate degree at AUB or another institution may be transferred to OSB even if they have already been used to satisfy requirements for another awarded graduate degree. Students applying for dual graduate degree one of which is the MBA, must complete at least 54 credits to fulfill dual degree graduation requirement. In the case of dual specialized master’s degrees, student must complete at least 48 credits to fulfill dual specialized master’s degree graduation requirement.

The Executive MBA Program

Philosophy

The OSB Executive MBA Program is designed for experienced business leaders and motivated professionals that aspire for continuous growth and advancement. The immersive, leadership and strategy experience aims to provide you with the tools to maximize your impact in complex business environments globally, while broaden your perspective within your industry.

Program Highlights

The EMBA program provides practical knowledge in the areas of:

  • Executive Coaching
  • Global Business Environment
  • Business Communication Proficiency
  • Digital Transformation
  • Business Professional Knowledge and Competence
  • Ethics
  • Decision-Making

Admission to the Program

Recruitment is ongoing throughout the academic year. However, applicants are encouraged to apply as early as possible.

Admission into the OSB EMBA program is a multi-step process:

  • Submission of the application
  • Application review
  • Interview
  • Decision

Criteria for Admission

  • Undergraduate degree
  • Leadership Skills
  • 10+ years of experience
  • English proficiency
  • Management experience
  • Drive and motivation

The Application Process

To apply for admission, the following must be submitted before the interview:

  • An application form
  • Recent photograph in digital format
  • Copy of identity card or passport
  • Two letters of recommendation
  • Official transcripts for all undergraduate and graduate coursework
  • Copy of academic degrees
  • English requirements, please refer to Readiness for University Studies in English (RUSE)
  • An application fee
  • A curriculum vitae

Program Outline

The OSB blended Executive MBA Program is the leading program in the MENA region and delivers the knowledge and expertise from our world renowned professors by leveraging their practical experience and applied research from around the world.

The program consists of 44 credits distributed over 8 general management disciplines that are covered in 24 core courses and 2 special topic courses that address a range of multidisciplinary and company-wide issues.

The Curriculum

​Discipline
Course
​Strategy​Strategy
Strategic Analysis
Managing Risk and Uncertainty
​Marketing​Strategic Marketing
Digital Marketing
​Corporate Finance
​Applied Corporate Finance
Strategic Financial Management
​Operations Management
​People Management
Operations Management
Sustainable Supply Chain Management
Corporate Information Technology Management
Innovation Management
​Economics​Microeconomics
Macroeconomics
​Decision-Making and Data Analysis
​Statistics and Data Analysis
Quantitative Models for Decision-Making
Business and Data Analytics
​Managerial Accounting
​Financial Statements Analysis
Management Accounting
​Management and O.B.​Organizational Behavior
Executive Communication
Negotiation and Conflict Resolution
Leading People and Organizations
Corporate Governance

Program Delivery

With a practical and convenient learning structure, our executives convene 9 times throughout the program. We ensure continuous learning and interaction in between sessions through our technically designed on-line blended learning format. To optimize the experience for virtual learning, we have introduced half-day hybrid classroom residency sessions.

  • 15 months program, approximately 30 days out of office
  • 6 weeks on campus, 3 weeks blended format
  • Personal Leadership Development
  • International Study Trip
  • Tailored individual project developed over 6 months
​Ongoing Leadership Development ​ ​ ​ ​ ​ ​ ​ ​ ​​Courses​Months​Duration
​Core Courses On-campus
​ ​ ​ ​ ​ ​
​Sept 2023
​6 days
​Nov 2023
​6 days
​Jan 2024
​6 days
​March 2024
​6 days
​May 2024
​6 days
​July 2024
​6 days
​Sept 2024
​6 days
​Special Topics On-campus ​​Oct 2022
​5 days (International Residency Trip)
​Dec 2022​6 days
​Project: June 2024 - Dec 2024​
​​

Online learning periods occur between each on-campus module, ensuring continuous learning and interaction between participants throughout the program.

Academic Policies

University academic rules and regulations apply. The minimum passing grade in a course is (C+). A participant who fails a course must retake it. An average of at least B+ must be maintained throughout the program. Failure to do so will result in the participant being placed on academic probation, which can be lifted only upon completion of a timed development plan, mutually agreed upon by the Executive MBA Director. The OSB EMBA Oversight Committee may discontinue the participant from the Executive MBA program if the participant fails to remove the probation within the time period specified in the plan.

Course Descriptions

The MBA Program

Philosophy

The Master of Business Administration (MBA) BA program is designed for professionals and future leaders looking to advance and transform their career while positively impacting their communities. The MBA program delivers a global world- class level of education that drives in the most influential, diversified, and innovative business thinkers from around the globe, leveraging on world-renowned faculty, current advances in academic theory and concepts that compliment practical learning, with a customized format that would fit individual needs of participants.

Program Highlights
  • Flexible, innovative curriculum which fosters collaboration, community, teamwork and an entrepreneurial spirit
  • World-class faculty research and a focus on experiential, participatory and analytical learning
  • Rigorous academic training applied to real-world settings practice while developing effective leadership and management skills.
  • Ongoing assessment of learning outcomes geared towards continuous improvement
  • A global community of alumni worldwide embodying a powerful network that lasts a lifetime

Impactful learning , executive connections and partnership opportunities are some of the benefits of the MBA experience at OSB. All our courses provide students with opportunities to learn, practice and lead. The program provides knowledge and recognition from the business world on industries of topics of interest such as consulting, strategy, innovation and other topics from a variety of industries.

Admission to the Program

there are two admission deadlines for the program:

March, for enrollment in the Fall term

November, for enrollment in the Spring term.

For more details, please refer to the Admissions section of the AUB graduate catalogue under Application Procedures.

Criteria for Admission

The MBA program is looking to attract and admit distinctive candidates with diverse backgrounds and well-balanced competencies - including strong analytical reasoning, critical thinking, maturity, effective communication skills, and demonstrated leadership potential. Each application will be reviewed holistically in a thorough manner. For that, all the below elements are taken into account when assessing the applicants’ profiles for admission:

  • Curriculum vitae (CV). The CV should list the education, details the work experience, highlights the extra-curricular activities as well as any additional information deemed relevant
  • Average GPA. An average GPA of 3.3 and above or AUB equivalent from a university recognized by AUB is required for an applicant to be considered for regular admission. Applicants with a GPA between (2.7) and 3.3 can still be considered but only for an admission under probation.
  • Work experience. Admitted applicants have typically a number of relevant years of experience. Exceptionally, outstanding applicants with less than one yea​r of experience might be considered.
  • GMAT test score. In lieu of GMAT, candidates may submit a GRE equivalence score (quantitative and verbal sections). Such standardized test allows a more objective assessment of the candidate academic abilities and analytical skills. Candidates who have a strong undergraduate academic performance, have acquired compelling work experience, and have demonstrated leadership potential, might be exempted from submitting a test score.
  • Two letters of recommendation. The letters represent an important element that helps assessing the applicant’s competencies beyond the academic performance, and therefore should preferably highlight the applicant’s strengths and work experience.
  • Essays. Applicants must submit three essays as part of their application. These essays will be used to complete the holistic assessment of the profile of the applicant
  • Interview. Applicants might be invited for an interview in order to complement the holistic assessment.
  • ​ ​​​​​​​​​Note that all students who do not have an undergraduate degree from AUB or any American, Canadian, British or Australian University, must meet the Rules of the Readiness for University Studies in English (RUSE) of the university. To apply please submit an online application form at https://graduateadmissions.aub. edu.lb/
  • As per AUB’s bylaws, the OSB Graduate Studies Committee shall act on admission to the MBA program of all applicants. For additional information on graduate admissions, refer to the Admissions section of this catalogue.

Program Components

Overview

The MBA program was launched in the mid-1940s and is continuously committed to the highest standards of quality in graduate management education. The MBA is a general management program that covers the various areas of business and offers students a robust knowledge platform comprised of a set of functional, cross-functional and skill-based courses. Indeed, a set of core courses as well as a variety of electives courses are available for students to choose from to tailor their learning experience to suit their individual needs.

Starting Fall 2020, OSB delivers the MBA program in two modalities: in residence on campus and online. When applying to the MBA program, the applicant must specify whether the application is for the on-campus MBA or the online MBA program (OMBA). Applicants to either mode of delivery, i.e., MBA or OMBA, are subjected to the same admission criteria

All MBA courses provide students with opportunities to learn, practice and lead in a number of industries including Management Consulting, Entrepreneurship, Banking, Marketing, Media and others.

Program Outline

The MBA curriculum is composed of eight (8) core courses and a choice of 4 elective courses from a list of courses offering important areas of interest to the students. The program is offered on a full-time and part-time basis to suit the needs of students. Completion period ranges between 10 and 20 months depending on student preferences. It is the only graduate program at OSB which starts every fall and spring of the academic year.

The Curriculum
​​
Curriculum
Credits
​Required Core Business Courses ​ ​24
​MNGT 306 ​Leadership and Behavior in Organizations ​3
​MKTG 306 ​Marketing Management ​3
​DSCN 300 ​Models for Decision-Making ​3
​BUSS 315 ​Prices, Markets and the Economic Environment ​3
​ACCT 301 ​Financial Reporting and Analysis ​3
​DCSN 310 ​Operations and Process Management ​3
​BUSS 349 ​Strategic Management ​3
​FINA 306 ​Intermediate Corporate Finance ​3
​Electives ​ ​12
​Four Business Elective Courses ​​3
​Total Credit Hours ​ ​36
Program Delivery

The program can either be completed on a full-time or part-time basis. As a full-time student, the program can be completed within one academic year as follows:


​One Year MBA Degree Plan
​Course Title ​Normal (Cr.)
​Core
Elective
Remedial

​Summer term (Required for Non-BBA Holders)
​Preterm Course: Financial Accounting/Basics of Finance ​0​Remedial
​Preterm Course: Statistics and Team Building ​0​Remedial
​Fall term ​ ​
​ACCT301: Financial Reporting and Analysis ​3​Core
​DCSN300: Models for Decision Making ​3​Core
​MNGT306: Leadership and Behavior in Organizations ​3​Core
​MKTG306: Marketing Management ​3​Core
​Winter term ​ ​
​Elective I​3​Elective
​Spring term
​FINA306: Intermediate Corporate Finance ​3
​Core
​DCSN310: Operations Management ​3​Core
​BUSS315: Advanced Business Analysis ​3​Core
​BUSS349: Advanced Seminar in Strategic Management ​3​Core
​Summer term
​Elective II​3​Elective
​Elective III ​3​Elective
​Elective IV ​3​Elective

Part-time students have up to three years to complete the program as follows:

Two-Year MBA Degree Plan
​Course Title ​Normal (Cr.)
​Core
Elective
Remedial

​Summer term (Required for Non-BBA Holders)
​Preterm Course: Financial Accounting/Basics of Finance ​0​Remedial
​Preterm Course: Statistics and Team Building ​0​Remedial
Year 1 ​Fall term ​ ​
​ACCT301: Financial Reporting and Analysis ​3​Core
​MNGT306: Leadership and Behavior in Organizations ​3​Core
Year 1 Spring term
FINA306: Intermediate Corporate Finance ​3​Core
​DCSN310: Operations Management ​3​Core
Year 1 Summer term
​Elective I​3 ​Elective
​Elective II​3​Elective
Year 2 Fall term
DCSN300: Models for Decision Making ​3​Core
MKTG306: Marketing Management ​3​Core
Year 2 Spring term ​ ​
​BUSS315: Advanced Business Analysis ​3​Core
​BUSS349: Advanced Seminar in Strategic Management ​3​Core
Year 2 Summer term
​Elective III ​3​Elective
​Elective IV ​3​Elective
​​​
​​Academic Policies

Academic Rules and Regulations

University Academic Rules and Regulations on courses, grades, probation and dismissal apply. The minimum passing grade in a course is C+. Students in the MBA program are required to maintain a cumulative GPA of at least 3.3 in all courses taken for graduate credit.

Academic Advisors

Each student has an academic advisor who normally approves the student’s schedule each term. The General University Academic Information section of this catalogue provides further information on academic advisors.

Academic Policies

Academic Rules and Regulations

University Academic Rules and Regulations on courses, grades, probation and dismissal apply. The minimum passing grade in a course is C+. Students in the MBA program are required to maintain a cumulative GPA of at least 3.3 in all courses taken for graduate credit.

Academic Advisors

Each student has an academic advisor who normally approves the student’s schedule each term. The General University Academic Information section of this catalogue provides further information on academic advisors.

MBA Courses and Course Descriptions

Our MBA courses are taught by professionals in the field who bring forth their dynamic experiences and diverse backgrounds. Through the program students will further their understanding of core management and business knowledge and practice while simultaneously enriching their perspective and practical knowledge on how to be innovative and entrepreneurial, and a responsible business professional with a global perspective and strong strategic foundation for success. Through class discussions, team learning and hands-on work, students will experience professional growth as well as personal development. In addition to the core and elective courses, professional leadership workshops will be offered to students. Each student must complete two prior to graduation.

MBA courses all have a prefix indicating the discipline: ACCT (Accounting), DCSN (Business Decision Systems), ENTM (Entrepreneurship), FINA (Finance), INFO (Business Information Systems), MKTG (Marketing) and MNGT (Management). Integrative and multi-disciplinary courses that do not belong to a particular discipline are labeled by the prefix BUSS. It is important to note that the successful completion of the pre-MBA integrative foundation module is a prerequisite for enrollment in all core and elective courses listed below. To deepen the learning of the student and to allow for program’s customizing, student can also select courses offered by other graduate programs within OSB and AUB, subject to the approval of the director.

Remedial Courses

The integrative pre-MBA foundation module is an intensive, level-setting, 0-credit suite of three short courses offering basics in Accounting, Finance and Statistics. It normally takes place over a period of one month prior to the start of each of the fall and spring terms. It is offered online in an adaptive format and should be completed prior to the start of the program. The modules are followed by an assessment test.

Core Courses
​​​
MBA Accounting and Finance Elective Courses

> MBA Management and Marketing Elective Courses

MBA Decision Systems and Management Information Systems Elective Courses

Philosophy

The MFIN program is aimed at developing highly qualified individuals wishing to become technical experts in the finance field. Our program provides the region with professionals who are well equipped with knowledge of relevant, cutting-edge financial theories and tools.

Program Highlights

  • Master’s in Finance program (MFIN) is aimed at developing highly qualified individuals with in-depth knowledge and expertise in the finance field.
  • The program meets the needs of students who have passion for finance and who are seeking to advance their careers in this field. It equips students with the appropriate range of analytical and research proficiencies and helps them acquire specialized (hard and soft) skills needed to excel as finance professionals.
  • Students will develop a knowledge base in all areas of finance, including structured finance, financial markets, commercial and investment banking, portfolio management, equity valuation, corporate finance, energy finance, risk management, private equity, real estate finance, fintech, digital transformation, decentralized finance, and Cryptocurrency drawing on case studies from Lebanon and the MENA region.
  • MFIN prepares students to work in a wide range of financial roles including commercial and investment banking, risk management, asset and private wealth management, private equity and venture capital, consulting, auditing, CFO offices of national, regional and multinational institutions and family business among others.

Admission to the Program

Normally, there is one admission deadline a year, in march, for enrollment in the fall term. For more details, please refer to the Admissions section of the AUB graduate catalogue under Application Procedures.

Criteria for Admission

To be eligible for admission to the MFIN program, a student must hold a bachelor’s degree and must satisfy the requirements of the university for admission to graduate study.

The MFIN program is looking to attract and admit candidates with the following qualifications:

  • The applicant must possess an undergraduate degree from an accredited university with an average GPA in the last 60 credits of at least 3.3 or equivalent. For universities that do not follow the credit system, the cumulative average of the applicant will be taken into consideration.
  • Students coming from a non-quantitative background may be asked to take the GMAT or GRE exam. Students with a quantitative background, specifically those coming from the fields of Finance, Accounting, Math, Physics, Engineering and Economics, are exempted from the GMAT or GRE requirement.
  • Students not having an undergraduate degree in Business will be required to take at least two prerequisite courses prior to enrollment in the program.
  • Applicants with previous work experience in the field of Finance are at an advantage. Personal interviews will be conducted with the MFIN applicants whenever deemed necessary by the Graduate Committee.

The Application Process

To apply for admission to the MFIN program, an applicant must submit the following:

  • An application form
  • Two letters of recommendation
  • An official transcript for all undergraduate and/or graduate coursework
  • All students who do not have an undergraduate degree from AUB or any American, Canadian, British or Australian University must meet the Readiness for University Studies in English (RUSE) on page 41
  • A GMAT or GRE score for students coming from a non-quantitative non-business background
  • A curriculum vitae

Program Components

Overview

Students can complete the MFIN program in 12 months starting the fall term provided they pass all core and elective courses, and maintain a cumulative average (GPA) of at least 3.3 in all courses taken for graduate credit. Students coming from non-business backgrounds must also complete all their remedial courses. Failing to maintain a cumulative GPA of 3.3 upon completion of the courses for the program’s academic year or obtaining a grade less than C+ in any course will cause a delay in graduation until the program requirements are met. Students can also satisfy all the above requirements if registered part-time over two calendar years.

Program Outline

In order to fulfill the MFIN graduation requirements, a student must complete the following on a full-time or part-time basis as tabulated below.

​Course Type
Credits
Hours
(minimum)
​Core​18
​Electives​12
​Total Number of Credits Required for Graduation ​30

No project (thesis) will be required.

No project (thesis) will be required.

The Curriculum
​​​​

The graduate program consists of 6 core courses and 4 electives. The core courses span the various areas of corporate finance, risk analysis and management, banking, investments, portfolio theory, and quantitative finance. The program closely follows the CFA curriculum and covers the material of the three CFA levels and beyond.

The core courses are in the general areas of:

  • MFIN 301: Financial Statement Analysis
  • MFIN 303: Structured Finance
  • MFIN 304: Equity Valuation
  • MFIN 305: Quantitative Methods of Finance
  • MFIN 306: Portfolio Management and Security Analysis
  • MFIN 307: Financial Strategy

Four elective courses may be chosen from the following list:

  • MFIN 351: Fixed Income Securities
  • MFIN 353: Financial Econometric to Empirical Finance
  • MFIN 354: Risk Management in Financial Institutions
  • MFIN 355: Private Equity
  • MFIN 356: Financial Markets in the Middle East Region
  • MFIN 357: Energy Finance
  • MFIN 358: Real Estate Finance and Investment
  • MFIN 359: Entrepreneurial Finance
  • MFIN363: Strategy in Commercial Banking Management
  • MFIN399 : Applied Investment Management

Students not having an undergraduate degree in Business will be required to take, prior to enrolling in the MFIN program, one prerequisite/remedial course of 3 credits :

  • Financial Accounting/Basics of Finance
Program Delivery​

The MFIN Program can be completed in three terms (one year) in accordance with the recommended time frame suggested below for students enrolled in the program on a full-time basis.

One Year MFIN Degree Plan
​Course Title ​Normal (Cr.)
​Core/
Elective/
Remedial

​Summer term (Required for Non-BBA Holders)
​Preterm Course: Financial Accounting/Basics of Finance ​0​Remedial
​Fall term ​ ​
MFIN 301: Financial Statement Analysis
​3​Core
MFIN 303: Structured Finance
​3​Core
MFIN 305: Quantitative Methods of Finance
​3​Core
MFIN 306: Portfolio Management and Security Analysis​3​Core
​Spring term
MFIN 304: Equity Valuation
​3​Core
MFIN 307: Financial Strategy
​3​Core
Elective I
​3 Elective
Elective II​3 Elective
​Summer term
​Elective III ​3​Elective
​Elective IV ​3​Elective


​​Students enrolled in the program on a part-time basis can complete the requirements in six terms (two years).​

Two-Year MFIN Degree Plan
​Course Title ​Normal (Cr.)
​Core
Elective
Remedial

​Summer term (Required for Non-BBA Holders)
​Preterm Course: Financial Accounting/Basics of Finance ​0​Remedial
Year 1 ​Fall term ​ ​
MFIN 301: Financial Statement Analysis
​3​Core
MFIN 305: Quantitative Methods of Finance​3​Core
Year 1 Spring term
MFIN 304: Equity Valuation
​3​Core
Elective I​3Elective
Year 1 Summer term​​
​Elective II​3 ​Elective
​Elective III​3​Elective
Year 2 Fall term
MFIN 303: Structured Finance
​3​Core
MFIN 306: Portfolio Management and Security Analysis​3​Core
Year 2 Spring term ​ ​
MFIN 307: Financial Strategy
​3​Core
Elective IV
​3 ​Elective

Academic Policies

Academic Rules and Regulations

University Academic Rules and Regulations on courses, grades, probation and dismissal apply. The minimum passing grade in a course is (C+). Students in the MFIN program are required to maintain a cumulative GPA of at least 3.3 in all courses for graduate credit.

Academic Advisors

Student should consult with the director of the MFIN program for academic advise and approval of the students’ schedule.

MFIN Courses and Course Descriptions

Remedial, Core, and Elective Courses
​​​​​​​​

MFIN 300A divided into two parts:

Core C​ourses

​​​​​

Master’s in Human Resource Management (MHRM) Program

Philosophy

The Masters’ in Human Resource Management (MHRM) is a challenging and exciting 16 month program designed to prepare early career practitioners and ambitious graduates, to gain in-depth knowledge and skills in Human Resources Management and People Management (Organizational Behavior), and to meet the challenges of HRM globally and in the MENA region. The MHRM program empowers students with professional, research- based skills and competencies necessary for succeeding in the ever-changing context of HRM.

Program Highlights

Blend of practice and theory

The MHRM program at OSB offers a blend of practice and theory necessary for developing strategic thinking, evidence-based knowledge, and practical expertise in HRM and OB.

Experts

Our courses are taught by professionals and experts in the fields of HRM and OB who bring forth their renowned experiences and backgrounds to provide you with endless opportunities to learn, practice, and lead.

Faculty

Our faculty bring strong research, practical, and consulting experience in the MENA region and the global economy.

Experience

The program also offers extracurricular experiences that provide students with the opportunity to interact with key players in the HRM and OB field in the region.

Professional designation in HRM

In addition to a masters’ degree in HRM, students will also obtain professional designation in HRM (based on individual performance) as well as an emphasis on personal leadership development.

Curriculum

The curriculum is constantly being revamped to make sure that we continue to offer relevant, contemporary, and critical HRM skills to our students.

Admission to the Program

Normally, there is one admission deadline a year in March for enrollment in the Fall term. For more details, please refer to the Admissions section of the AUB graduate catalogue under Application Procedures.

Criteria for Admission

To be eligible for admission to the MHRM program, an applicant must hold a university degree recognized by AUB, and must satisfy the requirements of the university for admission to graduate study (including meeting the Readiness for University Studies in English (RUSE) of the university).

Admitted applicants will normally have attained the following:

  • An undergraduate GPA of at least 3.3 or equivalent in any major. The undergraduate degree must be obtained from a university recognized by AUB. An applicant is considered for admission on probation if s/he has attained a GPA between 3.0 and 3.3.
  • A personal interview for applicants who don’t have work experience and/or when needed.

Admitted participants with non-business undergraduate degrees are required to successfully complete two remedial business courses prior to the commencement of the MHRM program.

The Application Process

To apply for admission to the MHRM program, an applicant must submit the following:

​​​​​​
  • ​​​An application form
  • Two letters of recommendation
  • An official transcript for all undergraduate and/or graduate coursework
  • ​​​​​​​​Refer to the Readiness for University Studies in English (RUSE) on page 41.
  • A curriculum vitae
  • A statement of purpose

Program Components

Overview

Students can complete the MHRM program in 16 months starting the fall term provided they pass all core and elective courses, and maintain a cumulative GPA of at least 3.3 in all courses taken for graduate credit.

Program Outline
​​​​​​​​

Participants are expected to complete the program in 16 months. Admitted students, not having an undergraduate degree in business, will be required to take, prior to enrolling in the MHRM program, two prerequisite courses of 0 credits each in August.

In order to fulfill the MHRM graduation requirements, a student must take 9 core courses (27 credits) and a field project ( 3 credits) that can be replaced by an elective course. The field project is rooted in applying analytical and conceptual skills, knowledge and tools to a real-time strategic HR problem.

The Curriculum
​​

The graduate program consists of 9 core courses and a comprehensive field project that can be replaced by an elective course to be completed in a 16 month period. Courses are offered twice a week in the evening. The courses are as follows: 10 courses- 30 credits ( 9 courses required- 27 credits and one elective/field project or an elective - 3 credits):

  • MHRM 301: Managing the Recruitment Process (3 credits)
  • MHRM 302: Human Capital Training and Development (3 credits)
  • MHRM 303: Compensation and Performance Management Context (3 credits)
  • MHRM 304: Ethics, inclusion and Labor Law (3 credits)
  • MHRM 305: Leadership and Behavior in Organizations (3 credits)
  • MHRM 306: Strategic Human Resource Management and Change Management (3 credits)
  • MHRM 308: Human Resource Development (3 credits)
  • MHRM 309: Evidence Based HRM Research Design and Methods (3 credits)
  • MHRM 310: Final Field Project (3 credits)
  • MHRM 311: HR Analytics (3 credits)
  • MHRM312: HR Consulting Management (3 credits)

Students not having an undergraduate degree in business may be required to take, prior to enrolling in the MHRM program, at least two prerequisite (remedial) courses of 3 credits each:

  • Overview of Accounting and Finance
  • The Business Value Chain
Program Delivery ​

One Year and a half ( 16 months ) MHRM Degree Plan
​Course Title ​Normal (Cr.)
​Core/
Elective/
Remedial

​Summer term (Required for Non-BBA Holders)
​Preterm Course: Financial Accounting/Basics of Finance ​0​Remedial
​Fall term ​ ​
MHRM301: Managing the Recruitment Process
​3​Core
MHRM305: Leadership and Behavior in Organization
​3​Core
​Winter term
​MHRM308 : HR Development​3​Core
​Spring term
MHRM304: Ethics, Inclusion and Labor Law
​3​Core
MHRM309: Evidence Based HRM-Research Design and Methods
​3​Core
​Summer term
MHRM303: Compensation and Performnace Management
​3 ​Core
MHRM311: HR Analytics​3 ​Core
​Fall 2 term
​MHRM302: HR Training and Development
​3​Core
​MHRM306: Strategic HRM and Change Management
​3​Core
​MHRM310: ( Field Project) or Elective I​3​Elective
Academic Policies

Academic Rules and Regulations

University Academic Rules and Regulations on courses, grades, probation and dismissal apply. The minimum passing grade in a course is (C+). Students in the MHRM program are required to maintain a cumulative average of at least B + in all courses taken for graduate credit.

Academic Advisors

Each student has an academic advisor who normally approves the student’s schedule each term. The General University Academic Information section of this catalogue provides further information on academic advisors.

MHRM Courses and Course Descriptions

Remedial Courses
​​

MHRM 300A divided into two parts:

Core Courses

​​​​ ​

Master of Science in Business Analytics (MSBA)

Program Philosophy

The Master of Science in Business Analytics (MSBA) Program prepares the next generation of experts in business analytics. Participants in the program will acquire the necessary knowledge to frame business problems in analytical terms and undergo hands-on training in applying the trendiest, most relevant analytical tools to capture, process and analyze large data sets. The analytical findings will help organizations extract actionable insights to make better informed decisions, recommend strategies to improve performance of operations, create shared value for sustainable growth, gain competitive advantages, identify new opportunities and enable the digital transformation from basic to smart organization. Graduates of the program will develop advanced proficiency in executing and applying business analytics initiatives to challenging business problems in various industry domains including supply chain and operations, project management and marketing. The program aims to help meet the growing industry needs in the MENA region in particular and the world at large for business analytics professionals with the required new skills and expertise.

Program Highlights

The program aims at achieving the following objectives:

  • Frame business problems in analytical terms: Identify the business requirements, relevant data, needed information technology, competitive edge, value added proposition to the business and performance metrics for success.
  • Analytical modeling and solving: Develop advanced analytical modeling and solving skills to best address business problems in various industries; further expose students to new techniques more applicable to the unstructured and streaming nature of big data.
  • Analytics communication and management: Learn how to effectively communicate analytical and sometimes complex results to a mixed audience; develop core managing skills more applicable to a business analytics project including planning, team leadership, project management, conflict resolution, negotiation and convincing techniques; create shared value for sustainable performance growth.

Admission to the Program

Normally, there is one admission deadline in March a year for enrollment in the Fall term. For more details, please refer to the Admissions section of the AUB graduate catalogue under Application Procedures.

Criteria for Admission

To be eligible for admission to the MSBA program, a student must hold an undergraduate degree from a recognized university and must meet the Readiness for University Studies in English (RUSE) of the University. The program is open to students from other educational backgrounds including Business, Computer Science, Engineering, Economics, Mathematics, Statistics and so forth.

To be accepted into the MSBA program, the applicant must possess an undergraduate university degree with a Grade Point Average (GPA) of 3.3 or above. An applicant is considered for admission on probation if s/he has attained an average between 3.0 and 3.3.

A personal interview may be conducted with an MSBA applicant when deemed necessary. As per AUB’s bylaws, the OSB Graduate Studies Committee shall make the final decision on the admission of applicants to the MSBA program.

The Application Process

To apply for admission to the MSBA program, an applicant must submit the following documents:

  • An application form
  • Two letters of recommendation
  • An official transcript for all undergraduate and/or graduate coursework
  • Refer to the Readiness for University Studies in English (RUSE)
  • A curriculum vitae

Application form, online submission and frequently asked questions are available at the online graduate application system: https://graduateadmissions.aub.edu.lb.

Program Components

Overview

The MSBA program requires a minimum of 30 credit hours consisting of 6 required core courses (18 credits) and 4 elective specialized courses (12 credits). The 12 credits can be taken in one of two options:

Option 1 includes two core specialized elective courses (6 credits) and a thesis project (6 credits).

Option 2 includes two core specialized elective courses (6 credits); one general elective (3 credits); and a capstone project with experiential learning in industry (3 credits).

Please note if the two core specialized elective courses and thesis or project are taken in a given area, the student is entitled to an MSBA with a concentration title in that area (e.g., supply chain, project management, etc.)

Program Outline

Participants will complete the program in a period of 12 months on a full-time basis. The program can also be completed on a part-time basis over a period of 24 months. The program starts with a 2-week boot camp and orientation (prerequisite) in August and continues for 12 months starting in September. in order to fulfill the MSBA program requirements , a student must complete the following on a full time or part time basis as tabulated below

​Course Type
Credit
Hours
​Core​18
​Elective​6
​Thesis or Capstone project and Elective​6
​Total number of credits required for graduation​30

The Curriculum​

The graduate program consists of 6 core courses , 2 electives and a thesis that could be replaced by an elective and a capstone project.

The core courses areas follows:

  • ​​​MSBA300 : Business Understanding in Analytics
  • MSBA305 : Data Processing Frameworks
  • MSBA310: Applied Statistical Analysis
  • MSBA320: Optimization & Simulation
  • MSBA315: Predictive Analytics and Machine Learning
  • MSBA325: Data Visualization & Communication

Elective courses may be chosen from the following list:

  • MSBA316: Text Analytics and Natural Language Processing
  • MSBA318: Forecasting Analytics
  • MSBA319: Big Data Processing and Blockchain Technology
  • MSBA335: Supply Chain Management
  • MSBA360: Social Media Analytics
  • MSBA370A: Data Driven Digital Marketing
  • MSBA370B: Consumer Behavior Analytic in MENA
  • MSBA375: Strategic Performance Management

Special Topics

  • MSBA350A: Health Care Analytics
  • MSBA350B: Pricing Analytics
Program Delivery​

One Year MSBA Degree Plan
​Course Title ​Normal (Cr.)
​Core/
Elective/
Remedial

​Summer term
Bootcamp : Python and R​0​Remedial
​Fall term ​ ​
MSBA300 : Business Understanding in Analytics
​3​Core
MSBA305 : Data Processing Frameworks
​3​Core
MSBA310: Applied Statistical Analysis
​3​Core
MSBA320: Optimization & Simulation​3​Core
​Spring term
MSBA315: Predictive Analytics and Machine Learning
​3​Core
MSBA325: Data Visualization & Communication
​3​Core
Elective I
​3 Elective
Elective II​3 Elective
​Summer term
​Elective III ​3​Elective
Capstone project​3​Elective
​Or ​ ​
​Thesis​6​Elective
Two-Year MSBA Degree Plan
​Course Title ​Normal (Cr.)
​Core
Elective
Remedial

​Summer term
Bootcamp : Python and R​0​Remedial
Year 1 ​Fall term ​ ​
MSBA300 : Business Understanding
​3​Core
MSBA310: Applied Statistical Analysis​3​Core
Year 1 Spring term
MSBA305: Data Processing Frameworks
​3​Core
MSBA315: Predictive Analytics and Machine Learning​3Core
Year 1 Summer term
​Elective I​3 ​Elective
​Elective II​3​Elective
Year 2 Fall term
MSBA320: Optimization & Simulation
​3​Core
MSBA325: Data Visualization and Communication​3​Core
Year 2 Spring term ​ ​
Elective III
​3 ​Elective
Capstone project​3 ​Elective
​Or
​Thesis​6​Elective

Academic Policies

Academic Rules and Regulations

University Academic Rules and Regulations on courses, grades, probation and dismissal apply. The minimum passing grade in a course is C+. Students in the MSBA program are required to maintain a cumulative GPA of 3.3 in all courses taken for graduate credit.

Academic Advisors

Each student has an academic advisor who normally approves the student’s schedule each term. The General University Academic Information section of this catalogue provides further information on academic advisors.

MSBA Courses and Course Descriptions

Core Courses

Elective Courses


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