KFUPM Executive MBA
Program
2008
Presentation Outline
Program Mission
Program Objective
Benefits to Participants
Benefits to Sponsoring Organizations
Admission Requirements
Program Structure
Duration and Timing
Program Curriculum
EMBA Curriculum Schedule
Tuition Fee
Mission Statement
To provide a high-quality graduate management
education to executives of private and public
sectors in the region. The Executive MBA
enhances the ability to strategically think, plan and
act in an increasingly competitive and complex
business environment.
Program Objective
The overall objective of the KFUPM-Executive MBA
program is to enhance the managerial skills necessary for
mid-level executives moving toward senior management
responsibilities or senior executives who wish to improve
their effectiveness.
Specific Program Objectives are to:
(1) Emphasize leadership and innovation.
(2) Develop strategic perspective.
(3) Focus on the management of change.
(4) Provide a global perspective.
(5) Improve critical thinking and teamwork skills.
Benefits to Participants
- Get the latest knowledge and skills in the field of
management that will enhance meeting the
current and future work challenges.
- Get a master degree with minimum interruptions
to work and social responsibilities (i.e., no need
to travel abroad to get the degree).
- Get a degree that will help in career
development and advancement.
Benefits to Participants
- Get a degree with a very convenient study time
schedule.
- Build personal and business relationships with
other participants in the program.
- Get a degree from a highly reputable institution.
Benefits to Sponsoring
Organizations
- The program will enhance the abilities of the
participating executives in developing their
managerial skills which will positively impact the
organization’s performance.
- The program provides a very cost effective
alternative compared to similar overseas
management development programs.
- Participating executives can pursue their study
with a minimum interruption of work.
Benefits to Sponsoring
Organizations
- The organization may benefit from the
networking relationships that are usually
developed among participating executives.
- The organization (through their participating
executives) will get an exposure to the resources
available at KFUPM.
Admission Requirements
B.A. or B.S. or equivalent from a recognized institution.
A minimum TOFEL score of 520 or a prove of English
language proficiency.
A minimum of 8 years work experience, 3 of which are
in mid or upper level managerial positions.
Three letters of recommendations.
A current resume or curriculum vitae.
Endorsement of the applicant’s organization that makes
it clear that the organization understands the time
commitment required by the EMBA program.
Program Structure
I. One residency period:
The period of one week starts at the beginning of
the first year of the program devoted to:
- Introduction of the participants and the faculty
members.
- Introduction to the program and the courses.
- Introduction to the basics in Statistics,
Management, Computer, Economics,
Accounting, Marketing, Finance, Research
Method., and seminars in topical issues.
II. 16 courses with a total of 42 credit hours.
Program Curriculum



-
Two Accounting Courses:
Financial Acct. & Reporting (2 cr.h.)
Managerial Accounting (3 cr.h.)
Two Economics Courses:
Managerial Economics (3 cr.h.)
The Macro Environment of Business (2 cr.h.)
Three Finance Courses:
Financial Management (2 cr.h.)
Investment Analysis & Portfolio Management
(2 cr.h.)
- Strategic Corporate Finance (3 cr.h.)
Program Curriculum




-
-
Three Management Courses:
Organizational Behavior & Leadership (3 cr.h.)
Int’l Business & Globalization (3 cr.h.)
Strategic Management (3 cr.h.)
One Marketing Course:
Strategic Marketing Management (3 cr.h.)
Two MIS Courses:
Information Technology for Managers (3 cr.h.)
Electronic Business Strategy (2 cr.h.)
Three OM Courses:
Quantitative Methods (3 cr.h.)
Operations Management (3 cr.h.)
Supply Chain Management (2 cr.h.)
Duration and Timing
A 42 credit hour, two-year EMBA is divided into four
semesters. Classes will be held bi-weekly on
Wednesday and Thursday, every other week.
Classes start at 8:00 a.m. and finish at 3:30 p.m.
(Wednesday classes during the first year end at 4:45
p.m.) The residency days are from 8:00 a.m. to 4:00
p.m.
EMBA Curriculum Schedule
1st Year
Residency Period
First Semester
Course
Number
Course Title
Credit
Hours
Classes Meeting Time
Wednesday Thursday
ECON 551
Managerial Economics
3
8:00-11:45 a.m.
OM 551
Quantitative Methods
3
13:00–16:45 p.m.
MIS 551
Information Technology
for Managers
3
8:00–11:45 a.m.
Financial Accounting
and Reporting
2
13:00–15:30 p.m.
ACCT 551
EMBA Curriculum Schedule
Second Semester
Course
Number
Course Title
Credit
Hours
Classes Meeting Time
Wednesday Thursday
ACCT 552 Managerial Accounting
3
8:00-11:45 a.m.
OM 552
Operations Management
3
13:00–16:45 p.m.
MGT 552
Organizational Behavior
and Leadership
3
8:00–11:45 a.m.
Financial Management
2
13:00–15:30 p.m.
FIN 552
EMBA Curriculum Schedule
2nd Year
First Semester
Course
Number
MKT 561
ECON 561
MGT 561
FIN 561
Course Title
Credit
Hours
Classes Meeting Time
Wednesday Thursday
Strategic Marketing
Management
3
8:00-11:45 a.m.
The Macro Environment
of Business
2
13:00–15:30 p.m.
International Business
and Globalization
3
8:00-11:45 a.m.
Investment Analysis and
Portfolio Management
2
13:00–15:30 p.m.
EMBA Curriculum Schedule
Second Semester
Course
Number
Course Title
FIN 562
Strategic Corporate
Finance
3
8:00-11:45 a.m.
Electronic Business
Strategy
2
13:00–15:30 p.m.
MGT 562
Strategic Management
3
8:00-11:45 a.m.
OM 562
Supply Chain
Management
2
13:00–15:30 p.m.
MIS 562
Credit
Hours
Classes Meeting Time
Wednesday Thursday
Tuition Fee
Executive MBA total tuition is SR130,000 for the
entire program and includes all course materials,
textbooks, university fees, continental breakfast
and lunch during the residential period and class
days. Tuition is payable in four equal
installments of SR32,500 prior to the start of
each of the four semesters.
For a Copy of the Brochure and the Application
Form or for any Further Information, Please
Contact:
Dr. Aref Alashban
Tel # :
(03) 860 1143
Fax #:
(03) 860 3850
E-mail:
emba@kfupm.edu.sa
Comparison Between the KFUPM Proposed EMBA Program and The Worldwide Top 20 Ranked EMBA Programs
Institution
Rank
Req. Yrs
of Exper
GMAT
Interview
Tuition
($ 000)
ACCT
ECON
FIN
MGT
MKT
MIS
OM
OTHERS*
International
Trip
Northwestern
U.
1
N/A
No
Yes
84-94
2
2
4
3
2
-
3
12
-
The Univ. of
Chicago
Graduate
School Bus.
2
10
No
Yes
82
2
2
4
3
1
-
3
4
Yes
University of
Pennsylvania
3
7
Yes
Yes
103115
2
2
1
3
1
-
3
14
Yes
Duke
University
4
7
Yes
Yes
70
2
2
1
4
1
-
3
-
-
Univ. of North
Carolina
(C.H.)
5
5
Yes
Yes
54
2
3
1
4
1
1
2
2
Yes**
Univ. of
Southern
California
6
8
Yes
Yes
60
***
***
***
***
***
***
***
***
Yes
New York
Univ.
7
N/A
Yes
Yes
96
1
1
1
3
1
-
2
7
Yes
Emory Univ.
8
8
Yes
Yes
64
2
1
2
4
3
1
-
4
Yes
Georgetown
Univ
9
8
Yes
Yes
55
-
-
5
4
3
-
1
10
Yes
UCLA
10
N/A
Yes
Yes
60
1
2
1
4
1
1
3
1
-
Institution
Rank
Req. Yrs
of Exp.
GMAT
Interview
Tuition
($ 000)
ACCT
ECON
FIN
MGT
MKT
MIS
OM
OTHERS*
International
Trip
Pepperdine
Univ.
11
7
Yes
Yes
N/A
-
1
-
2
-
1
1
4
-
UT Austin
12
5
Yes
Yes
43-62
1
1
1
2
1
-
2
1
-
IMD (Swiss)
13
10
Yes
N/A
65
***
***
***
***
***
***
***
***
Yes
Purdue Univ.
14
5
Yes
N/A
45
1
3
2
3
2
-
2
2
Yes
Univ. of
Western
Ontario
(Canada)
15
N/A
Yes
N/A
N/A
1
1
2
6
2
-
2
2
Yes
Washington
Univ. in St.
Louis
16
7
Option
Yes
N/A
2
3
1
5
1
-
3
4
Yes
Vanderbilt
Univ.
17
N/A
Yes
Yes
64
1
2
2
5
2
-
2
5
Yes
Columbia
Univ.
18
5
Yes
Yes
98
2
2
3
4
1
2
3
-
Yes
Southern
Methodist
Univ.
19
10
Yes
N/A
59
2
2
2
3
2
1
2
7
Yes
Georgia State
U.
20
7
Yes
Yes
N/A
3
1
2
2
1
2
3
4
Yes
-
8
No
Yes
35
2
2
3
3
1
1
3
1
-
KFUPM
Course Description
ACCT 551: Financial Accounting and Reporting (2 credit hours)
An introduction to the perspectives, principles, concepts, and
assumptions underlying the process of financial reporting. Critical
analysis of the role of regulation in the measurement and reporting of
the results of economic activities to enable a more effective and efficient
use of financial information for decision-making purposes. This course
will also explain the “management’s assertions” embodied in the
financial statements and its relationship with an independent audit of
financial information.
ACCT 552: Managerial Accounting (3 credit hours)
An introduction to the relevant fundamental concepts and principles
underlying the production and reporting of financial information to plan
and control the activities of an organization. The discussion of strategic
cost concepts; methodology of short and long-term decision analysis;
planning and control of organizational activities, transfer pricing
methods, performance evaluation and their related behavioral
implications; and critical analysis of long term decisions are among the
topics covered in this course.
Course Description
ECON 551: Managerial Economics (3 credit hours)
Deals with the strategic application of microeconomic theory to
management in markets where the firm has market/monopoly power.
Covers sophisticated pricing policies, transfer pricing, dealing with
competitors, corporation strategies, managing under uncertainty,
asymmetric information and externalities. Examines how microeconomics
may be used to enhance decision-making within the manager’s
organization.
ECON 561: The Macro Environment of Business (2 credit hours)
Prepares to think systematically about the state of the economy,
macroeconomic policy, and the economic environment. Includes the use
of economic theory in understanding financial markets, the operation and
impact of government policies that determine national income,
employment, investment, interest rates, and money supply inflation.
FIN 552: Financial Management (2 credit hours)
Develops skills and abilities in financial analysis and provides a
framework for analyzing financial decisions to acquire assets as well as
their financing. Central to the decision making process is the notion that
corporations are intended to create value. Topics include discounted cash
flow analysis, financial performance evaluation, valuation techniques,
capital budgeting, risk-return concepts, evaluation of financing options,
and dividend policy.
Course Description
FIN 561: Investment Analysis and portfolio Management (2 credit
hours)
Combines theoretical and practical aspects of investment analysis and
portfolio management. It covers the portfolio management process from
the institutional and individual perspectives. Examines setting of
investment objectives, formulation of portfolio management strategies,
asset allocation, security selection, pricing and trading of options and
futures, use of derivatives to alter portfolio risk-return profile, and
evaluation of portfolio performance. This is a hands-on course in which
students manage simulated security portfolios and use the Internet
sources of financial information extensively.
FIN 562: Strategic Corporate Finance (3 credit hours)
Integrative course that builds on materials covered earlier and
addresses strategic corporate finance issues and decisions with
emphasis on global perspectives. The course highlights analysis and
the interaction of investment, financing, and dividend decisions as they
affect firm value and develops student valuation skills. Other areas
include mergers and acquisitions, lease analysis, options and futures,
managing foreign exchange risk, and financial analysis and planning. It
blends theory with practice through extensive use of case studies. The
cases require student teams to draw on their personal experiences and
integrate functional knowledge and diverse perspectives to address
variety of issues raise.
Course Description
MGT 552: Organizational Behavior and Leader ship (3 credit hours)
Addresses the problem of managing and leading people in
organizations. Issues include the bases of individual and group
behaviors, contextual factors, organizational attitudes, motivation,
communication, decision-making, influence processes, and the role of
leadership in organizational success.
MGT 561: International Business and Globalization (3 credit hours)
Addresses economic, political, legal, cultural, and managerial challenges
and opportunities facing the firm in the international and global arenas.
MGT 562: Strategic Management (3 credit hours)
The perspective of the course deals with the role of the senior manager
in directing the total enterprise. The following topics are examined:
concepts and methods that integrate previous training in functional
areas of management; corporate, business and functional areas strategy
development; environmental analysis, including economic and
competitive assessments; goal structures and their role in developing
and managing strategy; strategy constructs and the notion of
competitive advantage; and strategy implementation issues, including
organization design, reward systems, information and control and the
role of formal planning systems. Strategic planning and implementation
at the executive level, and integrated case studies of the company-wide
situation from the top management point of view will be discussed.
Course Description
MKT 561: Strategic Marketing Management (3 credit hours)
Addresses the importance of organizations being market-driven and
customer-focused and presents current theories and practices of
marketing management. The course examines the topics of new
product development, marketing resource allocation and competitive
strategy. Deals with the formulation of strategic marketing as a key
element of overall organization plans and policies. Focuses on
balancing market opportunities and threats with resources available and
alternative responses, including analysis of markets, product,
promotion, distribution and pricing strategies.
MIS 551: Information Technology for Managers (3 credit hours)
Presents a managerial perspective on the effective design and use of
information systems for strategic advantage and maximum
organizational performance. It links technology, the organizational
implications of the technology, and ways to successfully incorporate
information technology into organizations.
MIS 562: Electronic Business Strategy (2 credit hours)
Examines the linkage of organizational strategy and electronic methods
of delivering products, services and exchanges in inter-organizational,
national and global environments.
Course Description
OM 551: Quantitative Methods (3 credit hours)
Basic quantitative techniques used in the analysis of business decision
problems are introduced. Techniques covered include descriptive and
inferential statistics, linear programming, decision trees, queuing theory
and simulations.
OM 552: Operations Management (3 credit hours)
Emphasizes quality management in the planning and control of an
operating system. Includes matching operating decisions to the firm’s
strategy; design of operations control systems; unique operations
considerations in the services; the design, selection and improvement
of processes; capacity planning; productivity competitiveness; quality
management and assurance; forecasting, plant layout; project
management; management of inventories; and flexible manufacturing
system.
OM 562: Supply Chain Management (2 credit hours)
Provides managerial concepts in supply chain management. The major
issues and strategies in supply chain will be identified for better
understanding of performance. The major content of the course is
divided into three modules: supply chain integration, supply chain
decisions, and supply chain management and control. A variety of
instructional tools including lectures, case discussions, and group
projects and presentations are employed.