Master of Business Administration

Professor giving a lecture to a classroom of students

The DEREE MBA

The Master of Business Administration (MBA) is designed to provide students with a new perspective on their work experiences and previous education as well as insight into fundamental business practices that will be valuable to them as management executives. The MBA Program aims to:

  • Provide outstanding graduate education in management that is international in perspective and professional in orientation.
  • Equip ambitious young professionals with the knowledge, skills, and competencies essential for success in today’s competitive, global business environment.
  • Enhance and exemplify corporate social responsibility.
  • Provide students with a critical grounding in business and management that will enable them to think strategically and globally when making decisions.

The MBA starts in September and February each year and can be completed in 18 months on a full-time basis. Part-time study options are also available and are tailored to the individual needs of working students. The MBA Graduate Program coordinator helps each student develop a schedule that best fits his/her needs. Classes typically meet between Monday and Thursday from 6-9 pm. 

The program is built around a core of resident, local and international faculty who are committed to interactive teaching, and who seek to combine quality research with business innovation. The diversity of both its faculty and student body gives the MBA program a richness and variety that further enhance its sound academic structure.

Student Profile

The MBA is designed for three groups of participants:

  • Professionals who have a business degree and at least two years work experience and want to advance their careers.
  • Professionals who have a non-business degree and at least two years work experience, and need a foundation in management knowledge and skills in order to start a career in business-related areas.
  • Recent university graduates who have little professional experience but exceptional academic records.


Unique Features of the Program

The MBA program places a strong emphasis on the integration of business theory with practice. Our faculty members are committed to innovative and interactive teaching. In addition to attending course lectures, students are exposed to a variety of teaching methods, including simulation exercises, case studies, team projects and lectures by esteemed guest speakers from the business world. The program has a number of distinct features.

Flexibility:
Students are provided the opportunity to personalize the pace of their studies according to the demands of their professional careers. Students consult with the designated student advisor at the beginning of their studies and develop a personal study plan for the completion of their MBA degree. Should their professional circumstances change during the course of their studies, students have the possibility to adjust their study program to suit the new circumstances.

Freedom to customize:
Students are offered the opportunity to customize their MBA according to their individual career needs and aspirations by choosing from more than 30 elective courses. Additionally, students may choose to complete either a general MBA or specialize in one of four different concentration areas: Finance, Marketing, Human Resource Management, and Technology Management. Students also have the opportunity to select elective courses from other Graduate School programs, such as the MS in Marketing, MA in Communication, and MS in Finance.

Up-to-date Curriculum:
The curriculum equips students with the knowledge and skills that managers need to operate effectively in today’s competitive business environment. Students acquire the core knowledge related to management functions in such areas as marketing, finance, operations, strategy and management of people. Through the curriculum students learn to think critically and at a higher strategic level with a solid awareness of the influence of the international environment and emerging technologies on modern business. During the capstone experience, the Business Plan Project, students have the opportunity to use their creativity and entrepreneurial spirit to develop a plan for a new business venture.

Student-Centered Teaching Philosophy:
The program offers a small group, high contact teaching approach that provides a stimulating, interactive and supportive learning environment for students. Teamwork, creativity and critical thinking are strongly encouraged to foster debate and the cross-fertilization of ideas.

Joint degree options:
The DEREE Graduate School offers MBA students the possibility to enhance their knowledge and the value of their MBA degree by pursuing a Joint degree program with the MS in Finance or the MA in Communication. Through proper selection of elective courses students may reduce the requirements of the joint degree by 18 to 21 credit hours compared to the normal requirements of the two degrees completed separately.

 

Program Outcomes (Details)

As a result of completing the MBA Program graduates should be able to:

  • Master the essential tools and management skills needed in today’s world
  • Act effectively as leaders and as members of teams
  • Undertake a more substantial role within their organizations and immediately add value to their businesses
  • Apply customer focused strategies
  • Operate as action-oriented analysts and change agents
  • Apply innovative IT techniques in strategic issues
  • Perform their managerial functions as socially responsible, ethical members of the workplace and global community

Program Overview (Details)

To be awarded the MBA, students must complete 18 courses (54 credits), which include twelve core courses, one integrative course, and five elective courses. Depending on the choice of elective courses, students have the option to specialize in one of four concentration areas as specified in the diagram below.

Each course is scheduled for a minimum of 36 hours of direct classroom teaching and 3 hours of final assessment. All classes are held weekday evenings from 18:00-21:00 to permit students to continue to work while studying.

Students can take up to 4 courses per semester, 2 courses in the winter session and 1 course in each of the summer and September sessions.

 

Core Courses (12 courses required):

MK6011 Marketing Management
FN 6009 Quantitative Methods for Business
MG 6010 Organizational Behavior
EC 6010 Managerial Economics
FN 6010 Financial Management
MG 6011 Production and Operations Management
BU 6034 Research Methods in Business and Management
CN 6007 Strategic Corporate Communication
FN 6130 Financial Statement Analysis and Equity Valuation
MG 6013 Business Strategy
IT 6080 Technology and Innovation Management
or
IT 6010 Strategic Management of Information Technology
IB 6010 International Business
or
BU 6001 Business Topics: Business in the EU

Capstone Course (1 course required):
BU 6232 Entrepreneurship: Business Plan Project (prerequisites: EC6010, MK 6011, FN 6010)

Elective Courses (5 courses required):

1. General: MBA
Five elective courses from the following:

  • Any elective course from the MBA concentrations in Finance, Human Resource
  • Management and Technology Management
  • Any elective course from the MS in Marketing program.
  • Any elective course from the MA in Communication program.

2. Concentration: Finance

  • Three courses from the following list:

FN 6025 Managerial Accounting for Decision Making
FN 6132 International Finance (prerequisite FN 6010)
FN 6011 Financial Markets and Institutions
FN 6012 Commercial Bank Management
FN 6035 Credit Risk Management
FN 6133 Financial Derivatives and Risk Management
FN 6020 Investment and Portfolio Management

  • Two elective courses from:

The MBA concentrations in Finance, Human Resource Management and Technology Management
Any elective course from the MS in Marketing program.
Any elective course from the MA in Communication program.

3. Concentration: Marketing

  • Compulsory course: MK 6014 Consumer and Buyer Behavior
  • Two courses from the following list:

MK 6112 Creating Customer Value (CRM) (prerequisite MK6011)
MK 6040 Brand Management
MK 6060 Sales and Customer Management
MK 6065 Marketing Communications

  • Two elective courses from:

The MBA concentrations in Finance, Human Resource Management and
Technology Management
Any elective course from the MS in Marketing program.
Any elective course from the MA in Communication program.

4. Concentration: Human Resource Management

  • Compulsory course: HR 6061 Strategic Human Resource Management
  • Two courses from the following list:

HR 6001 Recruitment and Selection: Strategies and Techniques
HR 6031 Advanced Topics in Human Resource Management
LD 6002 Leading Performance Excellence
CN 6005 Negotiation and Conflict Resolution

  • Two elective courses from:

The MBA concentrations in Finance, Human Resource Management and
Technology Management
Any elective course from the MS in Marketing program.
Any elective course from the MA in Communication program.

5. Concentration: Technology Management

  • One of the following two courses as compulsory course:

IT 6080 Technology and Innovation Management (unless taken as IT core)
IT 6010 Strategic Management of Information Technology
(unless taken as IT core)

  • Two courses from the following list:

IT 6012 Developing Business Information Systems
MG 6020 Technology-Intensive Entrepreneurship
MG 6060 Knowledge Management
MG 6054 Project Management

  • Two elective courses from:

The MBA concentrations in Finance, Human Resource Management and Technology Management.
Any elective course from the MS in Marketing program.

Any elective course from the MA in Communication program.

Admissions Criteria (Details)

The following are required of all Graduate School applicants:

  1. Completed application form (including essays on separate sheets)
  2. Passport size photograph
  3. Two recommendation letters (at least one from an academic source and one from an employer, the latter highly recommended for MBA candidates)
  4. Official college or university transcript of undergraduate degree studies from an accredited institution
  5. Official college or university transcript of graduate degree studies from an accredited institution (if applicable)
  6. Evidence of proficiency in English
  7. A certified copy of an identification card for Greek citizens or of a valid passport for non-Greeks

 

Candidates are also required to attend an interview with the respective Graduate Program Coordinator. The Graduate Program Coordinators will review an application upon submission of all required documentation to the Office of Admissions.

There is no application fee.

Transfer applicants should refer to the section entitled “Transfer Students”. Non-degree applicants should refer to the section entitled “Degree and Non-Degree Students”.

Evidence of Proficiency in English
All candidates must provide evidence of proficiency in the English language by submitting one of the following:

  1. TOEFL
  2. Cambridge, Michigan Proficiency Certificate or Michigan State University Certificate
  3. GCE
  4. International Baccalaureate Certificate or Diploma
  5. International English Language Testing System (IELTS)

Note: DEREE College graduates and graduates from other accredited English language institutions are not required to submit evidence of Proficiency in the English language.

Applicants presenting a TOEFL score should arrange to have the test results sent directly to the Office of Admissions by the Educational Testing Service (ETS). The College’s Institution Code Number is 0925. TOEFL scores are valid for two years.

Letters of Recommendation
Each applicant for admission must submit two letters of recommendation. At least one of the references must be from an academic source. One letter from an employer is highly recommended for MBA candidates. A letter from a family member or a friend is not admissible.

Conditional Admission
Applicants who do not meet the minimum criteria may be admitted to the program on conditional status if the Graduate Program Coordinators perceives other strengths in their application (e.g., strong research or relevant work experience, or other outstanding achievements during the applicant’s undergraduate experience). In such cases, applicants will be expected to complete the requirements of the conditional admission within a specified period of time. Failure to complete these requirements will result in notification of dismissal by the Dean of the Graduate School. Students who have potential but lack the necessary prerequisites may be offered conditional admission and will be required to successfully complete preparatory courses, prior to being fully admitted.

Interview

Once a complete application package has been submitted, the Office of Admissions will contact the applicant to arrange an on-campus interview with the respective Graduate Program Coordinator.

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