MBA Program Outline

Year 1

During the first year of the MBA Program at IMT Dubai, students attend 12 mandatory courses spread across two semesters. At the end of first year students are placed in profit and non-profit organizations as part of our internship program. The 8 week Internship program helps students to gain knowledge and practical skills within organizations in the UAE and in other countries.

Year 2

During the second year of the MBA program at IMT Dubai students will complete 4 core courses and will select 8 elective courses within their field of specialization. Typically students will complete 2 core courses in each semester with 4 elective courses. Students are also given the option to attend classes in other fields on a non-credit basis to expand their academic horizon and gain exposure to other fields of management. During their second year students also complete a Company Project which is a team based assignment focusing on a specific topic or current issue faced by a business. Similar to the internship program, the company project is completed in 8 weeks. Towards the end of company project students prepare a professional report which is assessed by a panel of faculty members and industry experts.

Specialization

At the end of first year of studies, students are given the choice of specializing in one of the following main business functions/areas:

  • International Banking & Finance Management
  • Marketing and Retail Management
  • Project and Operations Management
  • Human Resource Management

Electives

MBA students are given with the opportunity to choose eight elective courses from their chosen specialization offered by IMT Dubai. The choice of specialization is based on Cumulative Grade Point Average (CGPA) from the previous year and career interests of the student.

Key feature

The MBA program at IMT Dubai is designed to launch students into their career by combining strong theoretical concepts with an exposure to current practices and trends in business. A number of learning tools are employed in your course, including but not limited to role-play, case studies, project work, field work, assignments, quizes, seminars and industry visits. Aside from the courses, workshops are also conducted on personality development, career dynamics and self-assessment and business simulation.

Detailed Program Structure

Semester 1

Eco 501 Economics for Business:

In this course students are provided with an overview of the fundamental concepts of microeconomics and macroeconomics. Under microeconomics, the behavior of consumers and firms under different market structures form the basis of the managerial decision-making process. This course also includes the study of global, political and regulatory environments in which businesses operate. Students are provided with an opportunity for the development of critical and analytical thinking skills when it comes to viewing companies on a global scale.

ACC 501 Accounting for Decision Making

This course broadens students understanding of the nature, scope, and limitations of accounting information. Students are trained to understand and critically evaluate financial reports made by corporations and also analyze financial situations and problems faced by companies. The course provides a comprehensive introduction to financial and managerial accounting. It focuses on the standard financial statement (income statement, balance sheet, and statement of cash flow) and how costs affect managerial decision making.

OBR 501 Organizational Behavior

Organizational behavior is essential for effectively managing employees in any organization. This course aims to give an understanding about how to fully utilize people in organizations. It is the study and application of the knowledge of human behavior, in order to increase performance levels and job satisfaction. The course has been designed to expose students to the fundamental principles with which to understand human behavior in organizations and examines various theories developed in an attempt to explain and predict employee behavior in an organizational context.

DDM 501 Data and Decision Making

This course encourages students to think critically about how to interpret data and make more informed decisions. This course provides the necessary framework for formulating real life problems, developing models and presents techniques that enables students to arrive at optimum solutions. Students will learn how to formulate a decision problem from given information and data, use software to solve the formulated model, interpret results, and implement the solution

BIF 501 Business Informatics & Technology

This course provides an introduction to information needs and information systems in business. It will explore how integrated information systems support organizational functions, and how they assist managers in making operational, tactical and strategic decisions. Students will learn the importance of identifying and critically analyzing an organization’s information needs, and then designing and implementing information systems that support those needs. The course will also explore the increasing importance of database management and data communication networks in modern organizations.

MGC 501 Business Communication-I

Communication skills are the most sought after skills by employers when recruiting. The merits of good communication skills are numerous, such as, enhancing operational efficiency, facilitating coordination among colleagues, increasing customers’ satisfaction and boosting employee morale. The course covers aspects of both oral and written communication that are essential requirements of today’s workplace. Since communication is a skill the emphasis of the course will be on application i.e. learning by doing.

Semester 2

FIN 611 Financial Management

This course is an introduction to the management of a firm’s financial resources given a wealth maximization decision criterion. All of the important and basic areas of financial management are covered in this course. The course is designed as a first step into corporate finance for both finance and non-finance majors. Important financial management concepts that are covered include financial analysis; planning and control; capital budgeting; cost of capital; long and short term financing, and management of working capital. Emphasis is placed on helping students gain insight about the finance principles and concepts before launch into the specifics.

BRM 611 Business Research Methods

This course introduces the importance and use of research orientation for gathering better information that aids in complex management decision making. This course aims to provide a broad understanding of the theoretical and methodological issues involved in conducting the systematic inquiry in the field of business.

OPR 611 Operations Management

Producing and supplying goods and services is the primary purpose of all business organizations. This course provides an introduction to the principles of planning, designing and operating manufacturing and service systems. The course emphasizes understanding and application of the strategies, tools and skills necessary for efficient product and process planning, resource allocation and process capability improvement. Students are trained to apply analytical and critical thinking skills to operational decision making, and also gain a greater appreciation for the increasingly competitive global and technological environment in which operations management occurs.

MKT 601 Marketing Management

This course offers an introduction to the strategic as well as tactical orientation of marketing decisions. The course focuses on the concepts like choice of target markets, differentiation from competitors, value to the customers and positioning, form of product or service decisions, pricing, marketing communications and use of delivery channels etc.

HRM 611 Human Resources Management

Success of a company depends on the people working in it. Human Resource Management is a specialization within the field of Management that encompasses several functions including the recruitment, selection, and maintenance of a qualified, motivated, and productive workforce. The effective performance of these functions requires understanding and skill in employment law, planning, job analysis, training, performance appraisal, compensation, and labor relations. Since managers report that they spend about half their time dealing with “people-related” issues, it is important that the students are introduced to the major topics associated with managing people in the context of the global marketplace.

MGC 611 Business Communication-II

The course focuses on upgrading students’ communication skills, while giving them certain communication frameworks. The course will orient the participants to think about business communication strategically. The course will also emphasize interpersonal communication, as business graduates are expected to effectively communicate with internal as well as external entities.

INT 601 Summer Internship

The MBA program at IMT provides opportunities to students to learn real life business through internships. Internship in company is a key element of the learning process and as such an integral part of the program. The internship provides the students with the opportunity to work for a period of eight weeks in a company/organization in Dubai or Abroad and to apply the tools and skills learned during the course of their studies into real business situations.

Semester 3

STM 841 Strategic Management

The course focuses on the strategy development process in organizations and on how to create sustainable competitive advantage. It includes developing an understanding of the strategic position of organizations, strategic choices for the future and how one can best translate strategies into action. Topics are covered from a general management perspective and include setting corporate goals and objectives, analyzing external competitive environments, understanding business models, identifying strategy options, and designing appropriate organization systems and structure for implementation of plans. International and e-business issues are integrated throughout.

LEB 711 Legal and Ethical Aspects of Business

This course examines the legal environment in which companies operate at the national and international level and compliance issues. It also evaluates constraints and restrictions in business operations due to legal requirements. The course covers various business laws in the GCC in general and in the UAE particular.

Electives

Students are allowed to choose four elective courses in third semester form their specialization. The list of courses offered can be obtained from the program office of the institute.
• Elective 1
• Elective 2
• Elective 3
• Elective 4

COP 801 Company Project

The Company Project is an exceptional educational opportunity to conduct applied research, build on the knowledge acquired and incorporate their course work into a highly integrative activity. This course is intended to encourage students to take up practical company / industry based problem(s) in the area of management and business, analyze critical issues and suggest recommendations. The aim of the course is to equip the students with application based research skills.

CIS 801 Course on Independent Study (CIS)

Course on independent study is intended to encourage students to take up independent study/ research in the area of management and business. This course provides an opportunity for the students to explore new developments taking place in different disciplines of management and related fields. The primary objective of the course is to equip the students with the necessary abilities to handle research projects and comprehensive studies independently for self-development. This will enhance self-learning and autonomy. This course is for those students who are interested in in-depth study of a specialized area which is otherwise not covered in the course offering at IMT. Only experienced students with a CGPA of 3.25 are allowed to take this course. This course can be taken in lieu of company project or any elective course.

Semester 4

IBS 721 International Business Strategy

Global competition and opportunities are an integral part of business today. Sensitivity to uncertainties, turbulences and disruptive forces which globally impact organizations and people is the prerequisite for survival in present environment. This course addresses fundamental issues in developing international strategies and managing in the international environment. It deals with international environment and its impact on firm strategy and operations, including foreign direct investment, culture, foreign exchange exposure management and other issues that arise in cross-border operations

BEG 801 Business Ethics and Corporate Governance

This course is divided into two parts – business ethics and code of corporate governance. This course introduces ethical issues and dilemmas concerning various aspects of business and management. It provides students with a foundation of ethical concepts and a wide range of perspectives that are relevant to resolving and preventing such problems. It also deals with the complex set of relationships between the corporation and its board of directors, management, shareholders, and other stakeholders.

Electives:

Students are allowed to choose four elective courses in fourth semester form their specialization. The list of courses offered can be obtained from the program office of the institute.

• Elective 5
• Elective 6
• Elective 7
• Elective 8

Specializations Offered

There are four specializations currently being offered in the MBA program.

1.International Banking and Finance

In this specialization students learn how to convert financial policy into a grand strategy which can optimize your organization’s goals. The focus of the course is on critical thinking regarding valuation of firm’s investment decision processes, its financing, dividend policy, asset management, and evaluating its financial strategies and portfolio.

Financial institutions, be is commercial or investment based finance operators, are historically the largest employers for our MBA students. When students choose this specialization you can expect to work as financial, investment, or credit analysts in corporations, investment firms, or financial institutions. Our graduates commonly start off either as financial analyst for corporations or as associates in corporate treasury departments.

As financial analysts, you will be responsible for conducting analysis and providing recommendations on capital investments and financing alternatives; the analysis of new marketing and product programs; generation and analysis of division and corporate performance measures; preparation and coordination of annual budgets and financial forecasts; analyzing and reporting on product and customer profitability; and the analysis of acquisition candidates. In a corporate treasury department, common duties you will face include: financial planning for the corporation; structuring and arranging medium and long-term financing including bank loans and public securities issues; arranging funding for company capital projects; and assistance with the acquisition and disposition of corporate assets.

List of elective courses in International Banking and Finance Specialization

Sl.no Elective Courses
1. Financial Markets and Institutions
2. Financial Statement Analysis
3. International Banking Management
4. International Finance
5. Investment Analysis and Portfolio Management
6. Islamic Banking and Finance
7. Advanced Corporate Finance
8. Derivatives Securities
9. Mergers and Acquisitions
10. Risk Management and Insurance
11. Strategic Cost Management
2.Marketing and Retail Management

Our MBA students with a specialization in Marketing and Retail Management acquire skills in analyzing existing data to make effective marketing decisions. Students learn theories and practices about how products, services and ideas are developed, distributed, priced and promoted by a variety of organizations.

Marketing specialization will qualify students for a variety of positions. Career paths after graduation includes Advertising, Brand Management, Marketing strategy, Marketing Research, and Sales and Distribution Management. It also prepares our students to work in specialized industries such as Retail, Services, Logistics and Distribution and Marketing Research and Advertising.

List of elective courses in Marketing and Retail Management:

Sl.no Elective Courses
1. Advanced Marketing Research & Analysis
2. Consumer Behavior
3. Integrated Marketing Communication
4. Brand Management
5. Marketing of Services
6. Business to Business Marketing
7. Pricing Strategy
8. Sales & Distribution Management
9. Retail Management
10. Customer Relationship Management
11. International Marketing

3. Project and Operations Management

Firms across the world need candidates with advanced decision-making skills suited to today’s information- and technology-intensive environments. This concentration takes a strategic and applications-oriented view of operations and supply chain management. In addition to our core courses, electives are offered in the areas of project management, operations strategy, service management, and quality management.

Our graduates from this concentration are well prepared to work in the industry as supply chain analysts, project managers, logistics planners, or as managers in companies with a focus of manufacturing or service operations. Consulting firms have high regard for the quantitative, analytical skills that accompany the area of supply chain management. This concentration has been proven particularly valuable when combined with marketing or finance skills.

List of elective courses in Project and Operations and Management:

Sl.no Elective Courses
1. Project Management
2. Supply Chain Management
3. Total Quality Management
4. Procurement and Inventory Management
5. Operations Strategy
6. Service Operations Management
7. Project Appraisal & Financing
8. Lean Systems and Six Sigma
9. Management of Technology and Innovation
10. Business Analytics
11. Logistics Management

4. Human Resources Management

This course is designed to enable students future as HR professionals with the knowledge, understanding and skills necessary to contribute in both the strategic and tactical management of your organization’s Human Resources.

Our emphasis during the course will be on the various aspects of Human Resources i.e. Human Resource Planning, Job analysis, Recruitment and Selection, Training and Development, Performance Management, Compensation and Benefits, Strategic Human Resource Management and Change Management; all of which are essential for effective HR management within organizations. A variety of teaching methods will be employed to ensure that the students apply their learning by means of classroom exercises, case studies, group discussions and role plays.

Our students graduating from this specialization typically enter the corporate world as HR Generalists, Recruitment / Training / Compensation specialists or a Strategic business partners.

List of elective courses in Human Resources Management

Sl.no Elective Courses
1. Staffing in Organizations
2. Training  & Development
3. Career & Competency Management
4. Performance Management
5. Compensation & Benefits
6. Organization Development & Change
7. Strategic Human Resource Management
8. Psychological Testing
9. Cross-cultural Management
10. Negotiation and Conflict Resolution