Master of Business Administration (MBA) Executive
Background:
The University of Science & technology Chittagong (USTC) was established as a private university soon after the Private University Act came into force in 1992. The Janasheba Foundation is its sponsoring organization and National Professor (Dr.) Nurul Islam is appointed as the Vice-Chancellor of the USTC by the Chancellor of the Universities and President of the People’s Republic of Bangladesh. At present the USTC has been functioning with four faculties, namely, the Faculty of Medicine, the Faculty of Basic Medical & Pharmaceutical Sciences, the Faculty of Business Administration and the Faculty of Computer Science & Engineering.
The USTC has opened up a new horizon for the business community of the country by launching “the Faculty of Business Administration” – which is indeed a bold step by the University in fulfilling its mission of expanding higher education through private initiative. The Faculty of Business Administration (FBA) is dedicated to provide quality education and training to the selected target students, who will shoulder the responsibilities of managing the business and public organizations in future as best qualified managers once they complete the USTC MBA program.
Importance of Business Education:
Management education in South Asia A sia is still at an infant stage that draws extensively on external traditions and techniques. In Bangladesh several historical circumstances, including partition, the war of liberation and the period of state socialism following independence, have caused an out migration of private sector managers along with a diversion of managers to the public pub lic sector. Very little emphasis has been given to management development or management education facilities in Bangladesh since independence. It is now widely admitted that if Bangladesh is to benefit from the emerging pro-market policies, it must professionalize industrial management and expan d and improve existing management development programs and facilities.
Since last 10-15 years there has been a major shift in the economic policy p olicy of the government. Many industrial units were denationalized. Privatization in practically all sectors of the economy was encouraged. Incentives and facilities were made very liberal and we have witnessed the emergence of a strong private sector. The transition from a centralized economy to a free market economy and phenomenal technological
development made significant impact on the fundamental economic issues and management practices.
Chittagong, though known as the “Commercial Capital” of the country, was much neglected and under-represented in the management education. But having the country’s biggest natural port and with an already existing export processing zone (EPZ), according to Japan International Cooperation Agency (JICA), “Chittagong can be considered as the Asian Industrial corridors and triangles”. Recently a team of four Swiss experts conducted a survey on the management education and training needs in Chittagong who also concluded that “there is a clear need for both addition to and improvements in management education in Bangladesh generally and in Chittagong specifically.”
EMBA Program:
Business Institutions must respond to the identified needs of business, industry and public organization not in the present context but more so in the context of an uncertain but glorious future. Here at the Faculty of Business Administration, USTC, we are engaged in the task of creating a new management paradigm where management is being constantly remodeled to meet the emerging challenges of the 21st century.
The nation has embraced a new century the century of globalization and diversity. As such, the nation needs a new generation for leadership, a generation with a sound vision and mission, a generation with human skills, creativity and aptitude for teamwork, and the ability to perform their duties with updated technical knowledge and managerial skills and a group of talents ready to face the most challenging issues. The EMBA Program has been designed in such a way that it will produce graduates with a good working knowledge of all core business skills together with the ability to mange creatively from a strategic perspective within the context of ethical standards and value system. It is appropriate for those working in private or public or MN enterprises. This program is targeted at ambitious self driven executives, who intend to prepare themselves for top echelon management careers. The USTC plan to specialize in innovating the program effective for our young and energetic professionals as well as aspiring executives. Nevertheless, this program is expected to develop in the participants a holistic vision for executive leadership.
Objectives of the EMBA Program:
To provide a new avenue to full-time executives to pursue an MBA Program on a part-time basis; To create avenues for the executives to interface and exchange ideas and knowledge with academics, professionals, and Management personnel of the corporate organizations in Bangladesh; To provide the qualified executives a strong foundation in the concepts, principles and techniques of modern business administration; To produce a new generation of managerial leaders capable of coping with everchanging business and economic world and redressing the emerging challenges of 21st century.
Special Features of EMBA Program:
Classes are held during weekends i. e. Thursday evening and Friday. Books / Course materials are supplied to the students. Practicing manager can pursue the EMBA program on part-time basis; Resource persons possessing high professional and academic backgrounds from home and abroad are selected for the EMBA program; This program offered at competitively low cost within the affordable limit of practicing managers; Modern teaching equipments and materials are used for conducting the courses; Participative classes, seminars and case study methods are used to facilitate the learning process; Teachers efficiency rating by the students is practiced for evaluation of the teachers’ performance. Credit transfer facilities to foreign universities are available for the deserving candidates; Integration of theory and practical learning is made to make learning effective.
Program Structure and Duration:
The programme comprises of three semesters spaming over 1 year. Each semester would be 4 month duration and there would be 3 semesters in a calendar year in EMBA programme: 1st Semester January to April 2nd Semester May to August 3rd Semester September to December Normally 5 courses will be offered in each semester. Classes will be held on Thursday & Friday. Each course will have a 3 hour lecture per week, therefore, there would be 15 hour lecture per month.
Examination will be conducted during the semester and will be followed by inter semester break. The academic schedule of each semester would be as follows: Lecture 1st term examination Lecture Mid term examination Lecture Final examination Inter semester break
- 4 weeks - 1 week - 4 weeks - 5 weeks - 5 weeks -1 week - 1 week
Programme Administration:
Executive MBA is a prestigious post graduate ac ademic programme of USTC under the faculty of Business Administration. To run the programme effectively and efficiently there is a committee named “EMBA Coordination Committee”. The committee is comprised of 5 members including convenor who are nominated by the faculty. There will be a secretary who will ensure the smooth conduct of the programme as per the decisions of the committee. The Dean of the faculty, who is ex-officio member of the committee, performs the task of academic management of the programme.
Admission & Fees Structure:
Entry Requirements:
Entry to the EMBA programme requires the following: i. ii. iii. iv.
Graduate or Equivalent Degree from recognized university A minimum of 2 years relevant post qualification experience A working knowledge of the English language Satisfactory score in the EMBA admission test (written & oral)
Validity of Admission:
Successful candidates shall be eligible for admission in the year in which they pass the test. Registration for the programme shall be valid for tow years from the date of admission.
Admission Procedure:
After passing the admission lest for the EMBA programme a student should complete an admission form. To do so he / she will require to show the original copies o f his / her academic certificates, marks sheet and work certificate.
Fees and Other Charges:
A student of Bangladesh will have to pay the following fees: Admission fees (Once at the time of admission) Tk. 10,000/= Registration fee (Once at the time of admission) Tk. 1,000/= Semester wise tuition (22,500+22,500+22,500) Tk. 67,500/= fees Semester wise exam (2000+2000+2000) Tk. 6,000/= fees Total —Tk. 84,500/= Semester wise fee structure: 1st Semester 10,000 (4500 x 5) + 1000 + 2000 2nd Semester (4500 x 5) + 2,000 3rd Semester (4500 x 5) + 2,000
Tk. 35,500/= Tk. 24,500/= Tk. 24,500/=
Total — Tk. 84,500/= Curriculum for EMBA Program:
The EMBA is a professionally oriented degree designed to highlight the application of theory to the solution of managerial problems and to facilitate decision making in business, industry and government. The program requires the completion of 48 credit hours of core and specialized courses after completing the five foundation courses.
Sequence of the courses: A. Core Courses: 1st Semester EM 101 - Management & Organizational Behavior EM 102 - Managerial Communication EM 103 - Managerial Economics EM 104 - Industrial & Labor Laws EM 105 - Managerial Accounting
2nd Semester (Core) EM Human Resources Management 201 EM Marketing Management 202 EM -Production & Operations 203 Management EM -International Business
204 EM 205
3rd Semester EM 301 - Strategic Management - Specialization – I -Specialization – II -Specialization – III -Dissertation / OCP Specialized Courses: A. Management Information System (MIS) MIS - Advanced MIS 601 MIS -Data Based Management 602 MIS -Data Communication System 603 MIS -Computer Application in 604 Business MIS -Project Management 605 C. Human Resource Management (HRM) HRM -Human Behaviour in 611 Organization HRM -Human Resource Accounting 612 HRM -Industrial Management & 613 Labour Relation HRM -Entrepreneurship 614 Development HRM -Total Quality Management 615 E. Marketing (MKTG) MKTG -International Business 621 MKTG -International Marketing 622 MKTG -Marketing Communications 623 MKTG - Consumer Behavior
Management -
Managerial Finance
B. Accounting Information System (AIS) AIS -Applied Financial Accounting 606 AIS -Advanced Cost Accounting 607 AIS - Advanced Management 608 Accounting AIS -Accounting Information 609 System AIS - Applied Financial 610 Management D. International Business Management (IBM) IBM -International Business 616 Management IBM -International Marketing 617 IBM -International Finance 618 IBM -Comparative International 619 Finance IBM -International Trade Theory 620 F. Finance & Banking (FIN) FIN -International Finance 626 FIN -Insurance & Risk Management 627 FIN -International Banking 628 FIN -Advanced Financial
624 MKTG 625
629 FIN 630
-Marketing Research
Management -Investment & Portfolio Management
All the specialized courses have been designed to give a practical flavour of the related field of study. Each specialized course contains the detailed aspects of the respective study area which is basically designed by the respective teachers.
Course Evaluation Process:
The course evaluation process comprises of the following components: 1st Term Examination Mid-Term Examination Class Participation & Attendance Assignment & Presentation Final Examination Viva Voce
10 10 10 10 50 10
Total —
100
Grading System
The grading system is as follows: Numerical Grade 80% and above 75% to less than 80% 70% to less than 75% 65% to less than 70% 60% to less than 65% 55% to less than 60% 50% to less than 55% 45% to less than 50% 40% to less than 45% Less than 40%
Class Schedule:
Letter Grade A+ (A Plus) A (A regular) A(A minus) B+ (B Plus) B (B regular) B(B minus) C+ (C Plus) C (C regular) D F
Grade Point 4.0 3.75 3.5 3.25 3.0 2.75 2.5 2.25 2.0 0.0
All classes would be held within the following time schedule: Friday Saturday
4.00 pm. to 8.30 pm. 6.00 am. to 9.00 pm
Commencement of Admission & Classes:
Admission process begins and completes twice in ev ery year. One is from each 15th November to 15 December with the commencement of classes from 1st January in the next year and the other is from each 15th May to 15th June followed by the commencement of classes from 1st July of the same year.
