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შშშშ შშშშშ შშშშშშშშშშშშ შშშშშშშშშშშშ -INTERNATIONAL BLACK SEA UNIVERSITY - შშშშ შშშშშ შშშშშშშშშშშშ შშშშშშშშშშშშ - INTERNATIONAL BLACK SEA UNIVERSITY - შშშშ შშშშშ შშშშშშშშშშშშ შშშშშშშშშშშშ - INTERNATIONAL BLACK SEA UNIVERSITY - შშშშ შშშშშ შშშშშშშშშშშშ შშშშშშშშშშშშ EDUCATIONAL PROGRAM Coordinated with the Quality Assurance Office Minutes № 3, February 24, 2017 Head of the office /Assoc. Prof. Dr. Diana Mchedlishvili/ Reviewed at the Faculty Board Minutes № 10, March 1, 2017 Dean of the Faculty /Prof. Dr. Tea Kbiltsetskhlashvili/ Approved by the Academic Board Minutes № 3, March 2, 2017 Rector: /Prof. Dr. Ilyas Ciloglu/ Faculty of Business Management Master in Management Tbilisi 2017 IBSU.R36.I2.F1E; Revision No.: 0 Page No: 1/1

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Page 1: ips.ibsu.edu.geips.ibsu.edu.ge/files/A_MBA_Eng_Management.docx · Web viewManagerial Accounting and Control Elective 10 10 29 14 2 2 47 203 250 3 Decision-Making Theory Elective 10

შავი ზღვის საერთაშორისო უნივერსიტეტი -INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი

EDUCATIONAL PROGRAM

Coordinated with the Quality Assurance OfficeMinutes № 3, February 24, 2017Head of the office /Assoc. Prof. Dr. Diana Mchedlishvili/

Reviewed at the Faculty BoardMinutes № 10, March 1, 2017Dean of the Faculty /Prof. Dr. Tea Kbiltsetskhlashvili/

Approved by the Academic BoardMinutes № 3, March 2, 2017Rector: /Prof. Dr. Ilyas Ciloglu/

Faculty of Business ManagementMaster in Management

Tbilisi2017

IBSU.R36.I2.F1E; Revision No.: 0 Page No: 1/1

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შავი ზღვის საერთაშორისო უნივერსიტეტი -INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი

EDUCATIONAL PROGRAM

Direction: Business Administration - 02

Field/ Specialty: Management - 0203

Name of the Educational Programme: Management / მენეჯმენტი

Specialization: 1. “International Business Management” 020307 ; 2. “Small Business Management” 020326

Faculty: Business Management

Programme Coordinator(s): Avtandil Gagnidze, Professor, Doctor, Mobile: +995 597 999 554; E-mail: [email protected]

Education Cycle: Master’s (Second Cycle of Higher Education)

Type of the Programme: Major

Awarded Qualification: Master of Business Administration in Management/ ბიზნესის ადმინისტრირების მაგისტრი მენეჯმენტში

Code of Qualification: 0203

Language of Education: English

Credit Value of the Programme: 120 ECTS

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შავი ზღვის საერთაშორისო უნივერსიტეტი -INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი

EDUCATIONAL PROGRAM

Structure of the Programme: University employs European Credit Transfer System (ECTS): 1 ECTS = 25 hours that contain both contact hours and student’s independent working hours.

The progam covers 120 credits, including: Master Program in Management covers 8 studying course, including: 4 specialty general courses, 2 specialty obligatory courses and 2 specialty elective courses; Internship/Business Game and Simulations (Student can replace Internship with his/her own desire with “Business Games and Simulation”) and writing and defensing Mater Thesis in last semester(30 credits); Each master course is equal to 10 credits; Besides this out of 20 credits student is able to take 10 credit as a free credits; Student can choose it from proposed options or any other specialty courses from the program or other programs from university;

Programme Admission Precondition: According to the Georgian law, passing first National Exams and later University Based exam in speciality are required to be admitted to the Master Educational Program. Student of a Master Program can become anyone with Bachelor Degree.

Students who have different educational base by the decision of the Faculty Board may be granted compulsory, additional (pre-requisite) subjects from undergraduate programs which may not exceed 20 ECTS credits. These subjects will not appear in the Masters Diploma Supplement within 120 ECTS credits, but upon the student's request may be indicated in the diploma supplement. The student may be obliged to take several master classes and will pay for those courses (the amount of the cost is determined by the university board).

Purpose of the Programme:

Aim of the Management graduated program of Business Administration direction of IBSU is to provide students with fundamental, contemporary theoretical and practical knowledge, which is necessary for the professional and academic career; the students will got managerial skills and qualifications with international and Georgian specific cases in order to be leaders of future-oriented enterprises and organizations of an international level and to be able effectively manage them in conditions of competitive business environment, successfully get over all circumstances and meet all appeared challenges.Program pays great attention to social, political and economic changes in the World and in Georgia, to the topics of new business creation and development, to study business environment and relevant experience, international economic and finance problems and their influence on business environment, market oriented teaching that gives to the students the means to get the highest level of competitive managers, which can creatively solve any problems raised at their workplace. Program pays special attention to business cases’ study, considering of practical tasks and seeking of optimal decisions; this way assists to the graduated students of Management Master program of Business Administration directions of IBSU to be top managers, effective leaders of any diversified organizations, which will be able:

- To comprehend strategically business processes and to make effective decision and to implement;- To think, communicate, write, and speak effectively and creatively ;- To respect and realize social, ethical and moral values, which are necessary for harmonic existence and development of a society;

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შავი ზღვის საერთაშორისო უნივერსიტეტი -INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი

EDUCATIONAL PROGRAM

- To develop the skills of responsibility and self-education.By the preparation of professional, ethically and strategically thinking managers IBSU tries to assist further development in Georgia civilized, competitive business that is the bases of the country strengthening and social-economic developing.

Right management ensures profitable activity of any organization in the conditions of existing environment and challenges that the organization faces. Professional managers create the prerequisites for effective management, give competent advice on resource allocation and make sophisticated decisions on positioning and strengthening an organization on market. Ethically and strategically thinking managers assist further development of competitive business.

MA in Management Program provides commercial, government and nongovernment sectors with modern, competitive managers complying with international standards of comprehensive knowledge and professionalism. The study process here is organized in a way that is best suited to students needs and market requirements. Our students discuss real business cases and develop solutions based on modern research methods and approaches, and are ready to contribute to the development of sector and organizations. The skills emphasized in the program are creative and analytical thinking, decision-making as well as communications skills that create conditions for speedily changed market problem-solving and are necessary for the professional and academic career . As a complement the program enables students to participate in practical internship programs in the private and public sectors.

The strengths of our program are determined by our motto “International education, international employment”; With us you receive highly qualified staff and innovative academic programs equipped with modern educational technology; Market oriented curricula with Problem-oriented learning; Convenient timetable and Disability support;

MA in Management Program grants international experience and a worldwide network of connections through various international exchange programs with its partner universities abroad. Easily transferable credits and flexible programs allow our students to benefit from spending a part of their exchange in a different environment, receiving a wider insight in the profession chosen.

A degree of MA in Management guarantees its graduates an expertise in business administration and our graduates can become leaders, top managers and CEOs for various commercial, governmental organizations and NGOs in the conditions of market economy and competitive environment.

Learning Outcome: Graduated student will have the thorough knowledge of the bases of contemporary management and necessary managerial skills, practical experience of real management. He/she will have deep theoretical and practical knowledge in the field of management, marketing, finance-administrative analyses and coordination, he/she understands the real experience of the top-managers of the leader World and Georgian companies, practical cases of market strategy development, the effective results achieved by using of logic, research methods, quantitative and expert forecasting. The graduated program of Business Administration direction of IBSU urges bringing up a manager with broad profile and universal type, which follows to the standards of business ethics and has the skills of effectively use and performance his/her individual characteristics for team working in order to achieve organizational goals on the all levels of business – at corporate management, in state and NGO sectors.

Knowledge and Graduate student has the knowledge of theoretical bases in the field of management, marketing, finance IBSU.R36.I2.F1E; Revision No.: 0 Page No: 4/1

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შავი ზღვის საერთაშორისო უნივერსიტეტი -INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი

EDUCATIONAL PROGRAM

understanding and other directions of business administration’s direction and professional skills of their use in practical activity;

- He/she understands the theories, concepts, main strategies, principles of management, marketing, finance related to business environment, markets and institutions;

- He/she knows managerial, marketing, and finance aspects of activity of small, medium, and large business units;

- He/she knows the methods of business concepts’ forming, problems determination, analysis and forecasting and their use for the tasks of business management;

He/she is informed about global and country business, social, political, economic, technological, law and ecology environment.

Applying Knowledge Graduated student of management will have developed a broad spectrum of skills and competences, which are necessary for the tasks of business administration and management, namely:

- the complete skills of administration and management of business organization, identification of the essence of business company’s functioning, strategy development, determination of the opportunities on the bases of markets’ and competitive environment’s analysis, implementation, monitoring, and, if it is needed, correction of business strategy using feedback;

- the main managerial skills: ensuring of the effective functioning of a company, project management, HR management, organizing of statistical data collection and proceeding, data and results analyzing, forecasting of market’s opportunities, developing and implementation of the relevant and alternative strategies;

- the main finance-organizational skills: organizing of finance reports preparation, analyzing and interpretation of finance information, using of information technologies for the tasks of accounting and finance analysis, and etc.;

- the completed (thorough) skills of project management: formulation of business vision, mission and goals; determination of criteria; definition of relations between goals, objectives, and results; planning, managing and correction of the schedule of a project implementation; determination and managing of necessary resources for the needs of a project implementation, and etc.;

- the skills of identification and diagnosis of strategic problems on the corporate level; organizing of the staff for the problem’s solution and using of the relevant methods;

- decision-making skills on the corporate and strategic level and skills of monitoring of the strategic

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შავი ზღვის საერთაშორისო უნივერსიტეტი -INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი

EDUCATIONAL PROGRAM

plan’s implementation.Graduate students will be able:- to determine the functions of an organization and the main factors and components influenced on, to

research driving forces of the business and prevented events (“noise”), their influenced effects, forms and content of their interrelations;

- to understand and define the global role of management into organization;- to organize finance-banking-insurance activity of a company and to conduct the relevant strategy;- to form the main directions and outlooks of business activity, to evaluate a company’s finance and

strategic risks at the local and world markets;- to conduct strategic and finance management of an organization, to avoid and/or to neutralize negative

organizational and finance events during company’s managing;- to discuss about the specific characteristics of finance relations’ development, their appearing’ forms,

main tendencies and future outlooks inside and outside of the country.Making Judgments - the skills of organizing of data collection necessary for business activity, data processing, analyzing,

interpretation and conclusion making;- identification and diagnosis of the problems of business activity, determination of the optimal ways of

the problems solution;- formulation of directions of a company’s strategic and finance development and determination of

possible results, selection of alternative strategies, organizing of short-term and long-term planning;- preparation of analytical materials and decision making;- analyzing of strategic and finance results of an organization’s activity, determination of material and

finances resources’ needs, seeking of their sources, and etc.Communication Skills

- In Georgian and English language can preparing reports in detail about ideas, existing problems and their solution and transfer them to specialists and not specialists orally. Participation in discussions with the specialists of the relevant field; preparing of research reports, abstracts, and business documentations using business terminology; can formulate complicated topics/questions and present/introduce them both in writing and orally;Using of communication and information technology

- Knows and use well modern information and communication technologies, can work with electronic documentation, electronic tables, presentations, data-bases, using information bases and relevant

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შავი ზღვის საერთაშორისო უნივერსიტეტი -INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი

EDUCATIONAL PROGRAM

programs.

Learning Skills Can estimate the process of own learning sequentially and from the multiple point of view, decide the necessity of graduate education (both in Georgia and abroad), can independently, using the literature, improving the knowledge, independently work with specific field tutorials and scientific literature.

Values Recognizes and follows to the norms of business ethics and actively participates in the process of business and general ethical values forming and strives for their establishment. Has a respect with multi-formats, can participate in professional negotiations and conflict resolutions. Participates in team working, including in development of team decisions.Has developed the skill of understanding and analyzing of business ethical problems, seeking and defense of relevant decisionsUnderstands the role of law, ethical and cross-cultural responsibility. Recognize and establishes in organizations and society.Can discovery ethical problems, which take place in finance institutions, accounting, HR management, marketing, analyze them, select relevant decisions and defense them. Understand law, ethical and cross-cultural responsibility in organizations and society, has professional responsibility and understand the main principles of ethics and stable development.

Learning Outcome Map:

Course / Module / Internship / Research Component

Criteria of Competencies

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Research Methods for Business √ √ √ √ √ √Managerial Economics √ √ √ √ √ √Quantitative Analysis for Managers √ √ √ √ √ √

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შავი ზღვის საერთაშორისო უნივერსიტეტი -INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი

EDUCATIONAL PROGRAM

Business Strategy √ √ √ √ √ √Master Thesis √ √ √ √ √ √International Business √ √ √ √ √ √International Business Law √ √ √ √ √ √Managerial Accounting and Control √ √ √ √ √ √Decision-Making Theory √ √ √ √ √ √Small Business Management Cases and Practice √ √ √ √ √ √Financial Management √ √ √ √ √ √Job Evaluation and Performance Appraisal √ √ √ √ √ √Information Technology in Business √ √ √ √ √ √Advanced Project Management √ √ √ √ √ √Total Quality Management √ √ √ √ √ √Managing Production Process and Operations √ √ √ √ √ √Internship/ Business Games and Simulations √ √ √ √ √ √Methods of Attainment of Learning Outcomes:

Study components considered by the program are carried out using following teaching and learning methods:

Lecture – Lectures involve discussion of major theoretical material, concepts, terms, etc. through ensuring students’ active involvement. It is basically oriented on thorough teaching scientific theories and approaches of study material. During lectures subject related issues are deeply explained, students are actively involved in the discussions and clear perception and comprehension of topics using brain-storming and other interactive methods.

Group work – Group work develops the knowledge and skills of planning and fulfillment of specific tasks under cooperative environment. Group work includes discussion of case studies, quizzes, practical assignments, different examples, through which students obtain skills of problem resolution in teams that in turn ensures development of team working skills and the possession of competencies of considering and accepting others opinion.

Practice / lab work – In order to ensure deep understanding and perception of the issues, practice/lab work concentrates on accurate discussion of relevant examples, cases, video materials, exercises and the ways of their resolution, which ensures the formation of students’ ability to use the obtained theoretical knowledge in practice and develop analytic and creative thinking.

Seminar – The aim of seminars is to create the context for students which enables them to get the details, and better understand and realize the issues and topics discussed during lectures. Seminar is the means of knowledge transfer, involves discussion and drawing conclusions, and it is coordinated by a lecturer with certain specific objectives. Seminars are conducted in accordance to specific aims and are in line with the material covered throughout lecturers.

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შავი ზღვის საერთაშორისო უნივერსიტეტი -INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი

EDUCATIONAL PROGRAM

Independent work – Through independent work students deepen and internalize the knowledge obtained throughout the lecturers. Independent work involves searching for the materials through course-books or other sources of information, realizing and learning the obtained information; it also involves completing home-tasks. All these activities deepen the interest in certain issues, the wish to study these issues independently, they help students develop the ability of thinking independently, analyze the obtained information and draw conclusions.

The teaching and learning methods mentioned above are fulfilled using following activities:

Presentation (by lecturer) – The method consists of narration and speaking through which the information is provided by a teacher to a learner. Through this process teacher transfers knowledge verbally, explains the material and students obtain this knowledge through listening, memorizing and comprehension. It is important to make sure that understanding occurs and information is perceived correctly. In case of necessity additional instruction should be provided . A teacher is giving specific examples and provides detailed explanation.

Demonstration - It demonstrates information visually. It’s sufficiently effective when reaching the result because it takes into consideration the interests of different students. Learning material can be demonstrated by lecturer or student. This method helps different steps of learning process to be seen visually and concretize, what should student do independently. At the same time, this strategy visually demonstrates the main point of the subject/problem.

Induction – modern, one of the most effective student-oriented methods. Major objective of this method is to collect much data and by generalizing the observed perspectives discover general principles through which it is possible to discuss the facts, cases and events and explain them. Learning is oriented at relying on facts and developing rules through generalizing these facts, thus, moving from specific facts to general rules.

Deduction – a traditional method of teaching and learning which sees a teacher as a major source of information and students learn general theories through a teacher’s supervision. Deductive method of learning determines that kind of any subject knowledge, which presents the process when depending on general knowledge we discover new knowledge, so the process goes from general to concrete.

Analysis – In the modern world majority of disciplines have become complex; accordingly, courses in these fields require complex approaches. The method of analysis helps us to dismantle multi-disciplinary and inter-disciplinary courses into parts which allows dividing an issue under the study into separate aspects. This helps to discuss separate issues in details.

Synthesis - Method of synthesis means back-procedure, using some parts and making the whole with them. This method helps to see the whole problem.

Case Study – active problem-situation analysis method, which presupposes discussing real cases and discussing them which allows students to look at the issues from different perspectives, analyze possible solutions of the problem and choose and justify specific strategies, objectives and expected outcomes. A case presents a context and it

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შავი ზღვის საერთაშორისო უნივერსიტეტი -INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი

EDUCATIONAL PROGRAM

is an instrument by itself which allows a student to use specific knowledge obtained through the course and put it into practice in the context which is close to real-life situation.

Brain Storming - collecting as many/various ideas about the topic/issue as possible. The method enhances development of creative approach towards the problem. It supports the development of creative approaches when students try to see an issue from different perspectives. This approach ensures that every person is involved in the learning process. It is efficient for a large group and is used in stages.

Discussion / Debates – one of the most broadly spread interactive methods; discussion raises the level of student involvement; while discussion different opinions are confronted and the discussion is not limited to the questions asked by a teacher. Overall aim is to synthesise different views. This method develops students’ ability of reflection and argumentation.

Simulation, Role Plays and Situational Games – belong to game-type of methods which consist of simulation (role-play) games, didactic or educational games, situational games, game-like approaches and procedures. Games developed through pre-developed scenarios enable students to look at important issues from different perspectives. They help students to form alternative viewpoints. Like discussion, these games develop students’ ability to express their own opinion independently and defend their attitudes in a dispute.

Project – This approach is a unity of perceptive methods, which makes it possible to solve a problem through students’ independent work and presenting the achieved solutions. This approach raises students’ motivation and responsibility; working on the project involves planning, research, practical activities and presenting the results ; the projects are complete if the outcomes are presented in a convincable manner through examplifying specific results; a project could be done individually, in peer or group work; upon completion the project is presented to a broader audience.

Presentation (by student/students) – Taking into consideration the development of technology presentation is one of the most interactive and effective ways of teaching . It is a combination of teaching and learning methods which allows a student to solve a problem through independent work and presenting the outcomes. This method raises students’ motivation to work independently; it also develops specific skills – planning, researching, and presenting data in an effective manner; it develops skills to work in groups or individually.

Teaching though Electronic Sources – The method implies teaching through internet and the means of multimedia. It consists of all the components of teaching process that are realized through specific means of internet and multimedia.

Task Solving – Gradual mastering of theoretical material through solution of specific tasks that ensures development of skills of using theoretical knowledge independently. While solving the tasks the lecturer pays attention to the methods of task solution and to the relevant use of the various schemes or chart drawing techniques or to the techniques of task solution;

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შავი ზღვის საერთაშორისო უნივერსიტეტი -INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი

EDUCATIONAL PROGRAM

Problem Solving – The method of teaching that enables employment of newly obtained knowledge by students through study, analysis and solution of specific problem. While employing this method it is important to assess and analyze the results received through the solution of a specific problem. By using this method the skills and the ability of a student to use obtained knowledge in practice is developed.

Group Work – Teaching method through which students are divided into the groups and the assignments are given to each of the groups. Group members process the information individually and share their ideas to other group members at the same time. Group members may be assigned different functions depending on the objective defined by the task. This method ensures active involvement of each student in the process of teaching.

Individual Work – The method when a student individually performs the tasks and the assignments determined through the academic process.

Working with a Course-Book – Actively used method in a process of learning through which a student process given material by using given literature and other sources.

Problem-based Learning – a method which uses a specific problem from the field in order to help a learner to acquire new knowledge and integrate it with specific skills.

Preparing a Presentation – Students’ independent work through which a specific issue or topic is studied and the skills like planning, research, processing and analyzing data as well as presenting the results of study and arguments in a persuasive manner is developed. The method develops students’ individual working skills.

Preparing a Project - Students’ independent work through which projects are prepared. Working on the project involves planning, research, practical activities and presenting the results. The projects are complete if the outcomes are presented in a convincable manner through examplifying specific results.

Doing Homework – Independent work when students do the home assignments determined through the academic process. Doing home assignments implies reading, processing and studying material determined through the study course as well as doing given assignments in written form or presenting them orally.

Learning though Electronic Sources – The method implies learning through internet and the means of multimedia. It consists of all the components of learning process that are realized through specific means of internet and multimedia.

Student Knowledge Evaluation System: The goal of evaluation is to determine student’s education results qualitatively in relation to academic program goals and parameters.

Student may be assessed orally and/or in a written way. A student’s knowledge and skills are assessed through 100 points grading system. It consists of midterm and final evaluations – maximum 60 points in midterm evaluations and maximum 40 points in final evaluation.

Grading system allows:

a) Five types of positive grades

1) (A) Excellent – 91 and over of maximum point;

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შავი ზღვის საერთაშორისო უნივერსიტეტი -INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი

EDUCATIONAL PROGRAM

2) (B) Very good – 81-90 of maximum point;

3) (C) Good – 71-80 of maximum point;

4) (D) Satisfactory – 61-70 of maximum point;

5) (E) Acceptable – 51-60 of maximum point.

b) Two types of negative grades

1) (FX) Fail – 41-50 of maximum point, meaning that a student requires some more work before passing and is given a chance to sit an additional examination after independent work;

2) (F) Fail – 40 and less of maximum point, meaning that the work of a student is not acceptable and he/she has to study the subject anew.

For final evaluation a student is admitted to the exam if his/her midterm evaluation is minimum 25 points out of 60 points.

A student is allowed to take additional (make-up) exam in case he/she scored 41-50 points of final grade or minimum 51 points, but did not score at least 20 points out of 40 points of final evaluation.

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შავი ზღვის საერთაშორისო უნივერსიტეტი -INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი

EDUCATIONAL PROGRAM

Credits can be obtained if a student scored:

a) Minimum 20 points out of 40 points of final evaluation;

b) Minimum 51 points out of 100 points of final grade.

Considering its specification, the format and the assessment criteria of mid-term and final evaluations can be determined in the specific module/course syllabus.

The means of the evaluation are following:

Test/quiz/written exam;

Classroom activities/classroom participation;

Home assignment;

Discussion;

Oral assessment;

Written assessment;

Essay question;

Seminar;

Presentation;

Group / individual project/Case Discussion;

Midterm and final exams.

Among assessment components, taking into consideration the nature of the course, are: correctness, exactness, completeness, adequacy of theoretical foundation and examples, relevance of applied terminology, degree of participation in discussion, and the logic of arguments.

Fields of employment: - Commercial organizations, non-profit organizations, unions, international organizations, transnational corporations and their branches, state central and local self-government bodies of enterprises (firms), various organizational-legal forms of any sector of the economy. The knowledge obtained during the course will enable the Master of Business Administration to successfully work as middle and top management managers, experts and analysts. Also continue to study the doctor's degree.

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შავი ზღვის საერთაშორისო უნივერსიტეტი -INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი

EDUCATIONAL PROGRAM

Information Concerning Material Resources Necessary for the Implementation of the programme: International Black Sea University is fully equipped with all the necessary material resources aimed to fulfil the educational program successfully:

Classrooms equipped with different educational facilities;

Computer laboratories with full access to internet;

University library equipped with modern technologies, internet, and rich paper and electronic books;

Lecturers’ slides, corresponding to the course relevant topics available through the electronic database of the university (through Smart portal);

Other material resources owned by the university;

Compulsory literature indicated in syllabuses is available in the university’s library.

During the learning process, students will receive necessary information from their professors and consultants. Silk Road Scientific-Research Institute enables Ph.D. students

to participate in internationals conferences. IBSU is a member of the following electronic libraries:

http://search.epnet.com

www.oxfordjournals.org

www.journals.cambridge.org

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შავი ზღვის საერთაშორისო უნივერსიტეტი -INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი

EDUCATIONAL PROGRAM

Study Plan

Course / Module / Internship / Research Component Status

Cre

dit n

umbe

r

Distribution of credits per courses and semesters

Distribution of hours

Num

ber

of

I s.y. II s.y. Contact hours

Inde

pend

ent w

ork

Tot

al n

umbe

r of

hou

rs

I Sem

este

r

II S

emes

ter

III S

emes

ter

IV S

emes

ter

Lec

ture

/ C

onsu

ltatio

n

Sem

inar

/ G

roup

Wor

k / P

ract

ice

/ L

ab. W

ork

Mid

term

exa

m(s

)

Fina

l exa

m

Tot

al n

umbe

r of

con

tact

hou

rs

Research Methods for Business Compulsory 10 10 29 14 2 2 47 203 250 3Managerial Economics Compulsory 10 10 29 14 2 2 47 203 250 3Quantitative Analysis for Managers Compulsory 10 10 29 14 2 2 47 203 250 3Business Strategy Compulsory 10 10 29 14 2 2 47 203 250 3Master Thesis Compulsory 30 30 30 720 750Internship / Business Games and Simulations Compulsory 10 10 23 22 2 47 203 250 3International Business Compulsory 10 10 29 14 2 2 47 203 250 3International Business Law Compulsory 10 10 29 14 2 2 47 203 250 3Managerial Accounting and Control Elective 10 10 29 14 2 2 47 203 250 3Decision-Making Theory Elective 10 10 29 14 2 2 47 203 250 3Small Business Management Cases and Practice Elective 10 10 29 14 2 2 47 203 250 3

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შავი ზღვის საერთაშორისო უნივერსიტეტი -INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი

EDUCATIONAL PROGRAM

Financial Management Elective 10 10 29 14 2 2 47 203 250 3Job Evaluation and Performance Appraisal Elective 10 10 29 14 2 2 47 203 250 3Information Technology in Business Elective 10 10 29 14 2 2 47 203 250 3Advanced Project Management Elective 10 10 29 14 2 2 47 203 250 3Total Quality Management Elective 10 10 29 14 2 2 47 203 250 3Managing Production Process and Operations Elective 10 10 29 14 2 2 47 203 250 3Internship / Business Games and Simulations Compulsory 10 10 23 22 2 47 203 250 3Free credits Free 10 10 29 14 2 2 47 203 250 3

Total numbers 120 261 126 18 18 423 1827 2250 27

1. Distribution of hours for elective courses is provided as it is in the elective course which is first in the list, as there is no homogeneous distribution of hours for elective courses;

2. Distribution of hours for foreign language is provided as it is in the syllabus for English Language;

3. Distribution of hours for free credits or for the courses of minor program is tentative.

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შავი ზღვის საერთაშორისო უნივერსიტეტი -INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი

EDUCATIONAL PROGRAM

Additional Table of Study Plan

№Course / Module /

Internship / Research Component

Code

Sem

este

r

Prerequisites Lecturer Obligatory Literature

1 Research Methods for Business BUS1008 III No

Giorgi Bagaturia, PhD in Engineering

Assoc. Prof. Dr. Nika Parjanadze, PhD in Education

1. Babbie E. The Practice of Social Research.(2001) Wadswort/Thomson Learning, Belmont, USA.

2. Bryman A., Bell E. Business research methods.(2007). Oxford University Press, Hong Kong

2 Managerial Economics FIN1013 I No Prof. Dr. Tatiana Papiashvili, PhD in Economics

1. Thomas R. Christopher, Charles S. Maurise (2016), Managerial Economics: Foundation of Business Analysis and strategy (12th ed.), McGraw-Hill Irwin

3 Quantitative Analysis for Managers FIN1016 I No Davit Paatashvili, PhD in

Engineering1. Mik Wisniewski , "Quantitative Methods for

Decision Makers", 4 th Edition, 2006

4 Business Strategy BUS1015 I No Mehrshad Radmehr, PhD in Business Administration

1. Fred R. David, Forest R. David. (2015). Strategic Management: Concepts and Cases. Pearson.

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შავი ზღვის საერთაშორისო უნივერსიტეტი -INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი

EDUCATIONAL PROGRAM

5 International Business BUS1017 II No Nino Lolashvili, PhD in Engineering

1. Hill (2009) International Business, 11th addition, Mc Graw Hill,

2. Penny Carté and Chris J. Fox Bridging (2004) the Cultural Gap: A Practical Guide to International Business Communication , Kogan Page, ISBN 07494-4170-4

3. William B. Gudykunst and Young Yun Kim (1992) Communicating with Strangers: An Approach to Intercultural Communication, Second Edition, , McGraw-Hill, ISBN 0-07-034602-X

6 International Business Law BUS1023 II No

Prof. Dr. Malkhaz Chakhnashvili, PhD in Law

Vakhtang Zaalishvili, PhD in Law

1. International Business Law, Ray August, fourth edition of Pearson Prentice hall

7 Managerial Accounting and Control FIN1008 II No Prof. Dr. Metin Mercan, PhD in

Business Administration1- Garrison, Noreen, Brewer. Managerial

Accounting, Eleventh edition ,Mc Graw Hill

8 Decision-Making Theory MGT1012 II No Giorgi Bagaturia, PhD in Engineering

1. H.A. Taha Operations Research, MacMilan Publisher, N.Y., 4 Edition (1997)

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შავი ზღვის საერთაშორისო უნივერსიტეტი -INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი

EDUCATIONAL PROGRAM

9 Small Business Management Cases and Practice MGT1027 I No Onise Alpenidze, PhD in

Business Administration

1. “Entrepreneurship and Small Business Management in the Hospitality Industry” – Darren Lee-Ross, Conrad Lashley, 2009, Elsevier Publishing

2. “Small Business Management, Entrepreneurship and Beyond – 5th edition, Timothy S. Hatten, 2009, Southwestern Cengage Learning

3. Small Business Management – Launching and Growing Entrepreneurial Ventures – 2014, Longenecker, Petty, Palich, Hoy – 17th edition, Cengage Learning

4. Small Business Management – 3rd edition, Jim Dewhurst and Paul Burns, - 2005

10 Financial Management BUS1009 II No Prof. Dr. Ketevan Lapachi, PhD in Economics

1. Brigham, E. F. & Ehrhardt, M. C. (2013). Financial Management, Theory & Practice, 14th Edition.

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შავი ზღვის საერთაშორისო უნივერსიტეტი -INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი

EDUCATIONAL PROGRAM

11 Job Evaluation and Performance Appraisal MGT704 II No

Assoc. Prof. DR. Teona Maisuradze, PhD in Business

Administration

1. R. Wayne Dean Mondy, Joseph J. Martocchio Human Resource Management, Global Edition, 2016

2. Human Resource Management: A contemporary approach, by Julie Beardwell, Tim Claydon, 5th edition, Prentice Hall; (Paper Copy);

3. Human Resources Management 9th edition by Garry Dessler,;

4. Study Material: BA - Human Resources Management

5. Daft R. L., Kendrick M., Vershinina N. 2010 – Management – South Western: Cengage Learning

6. Daft R. – Management – 2009 – 9th edition : Cengage Learning

7. Hard-book, Essentials of Organizational Behavior by Stephen P.Robbins, Tomothy A. Judge, 2015

12 IT and Business MGT1008 III No Davit Paatashvili, PhD

1. Pivot Table Data Crunching for Microsoft® Office Excel® 2007, (Bill Jelen Michael Alexander), Pearson Education, Inc., 2007

2. Managing Data with Microsoft® Excel, (Conrad Carlberg), Que 2004

3, Microsoft Excel Data Analysis and Business Modeling, (Wayne Winston), Microsoft Press, 2004

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შავი ზღვის საერთაშორისო უნივერსიტეტი -INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი - INTERNATIONAL BLACK SEA UNIVERSITY - შავი ზღვის საერთაშორისო უნივერსიტეტი

EDUCATIONAL PROGRAM

13 Advanced Project Management MGT1028 III No Nino Gorgadze, PhD-C in

Engineering

1. 1. Project Management Body of knowledge (PmBok) 5 th

edition, PMI

2. BUSINESS NEGOTIATION STRATEGIES, Harvard University

3. Leadership & The Project Manager Developing the Skills that Fuel High Performance by Art Petty

14 Total Quality Management MGT1025 III No Murat Erguven, PhD in Education

1. David L. Goetsch, Stanley B. Davis. Quality Management for Organizational Excellence: Introduction to total quality (Sixth Edition)

15 Managing Production Process and Operations III No

Assoc. Prof. Dr. Davit Nizharadze, PhD in Business

AdministrationCourse notes for the lecture

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