Executive Master of Business

Administration (EMBA) program

CONCENTRATION TITLE: Executive Master of Business
Administration (EMBA) Program
➢ EMBA Program Learning Objective:
Participants will be able to develop an executive management perspective and strategic thinking
abilities for both local and global environments. They will also acquire executive decision-making and
critical thinking skills, enabling them to apply analytical and conceptual abilities necessary for strategy
development and effective decision-making. Moreover, participants will enhance their executive
leadership and teamwork capabilities, exercising strong interpersonal and leadership skills.
Additionally, they will learn to incorporate ethical, legal, and social responsibility principles within
their organizations.

➢ EMBA Program Learning Objective:

Participants will be equipped to develop appropriate strategies and apply business functions in both
local and global organizations. They will gain the ability to analyze alternatives and recommend
solutions for various business problems, as well as evaluate challenges and opportunities in
implementing business strategies. Additionally, participants will learn to value diverse perspectives
and collaborate effectively. They will enhance their leadership abilities to function competently as
both leaders and team members. Furthermore, participants will be able to evaluate business
operations using ethical, legal, and social frameworks and apply various strategies related to these
issues in business operations.
Eligibility and Pre-requisites for Enrolment:

• A four-year Bachelor’s Degree from a recognized university

• A minimum of 8 years of work experience, including 3 years of mid-managerial experience.
• Grade-Point Average (GPA) of 2.50, higher on a scale of 4.00, or equivalent
• Three recommendation letters. • 8 years’ work experience including 3 years of managerial
experience.

Concentration Description:

The Executive MBA program at KFUPM Business School offers a unique learning opportunity
for mid-career and senior executives who wish to enhance their business knowledge and
effectiveness while remaining actively involved in their business and professional careers. The
program combines academic rigor with real world applications to ensure relevance and value
addition for business executives.

The classes are scheduled every alternate week (Thursdays & Fridays) to make it convenient
for business executives to participate in the program without interrupting their careers.

The two-year Executive MBA program is designed to enhance the effectiveness of business
executives in a rapidly changing and globally competitive business environment that demands
new perspectives and continuous self-renewal to transform business challenges into
opportunities.

The program curriculum is geared toward developing strategic thinking, leadership,

understanding of the global economy, and use of information technology to prepare participants
for challenging roles in their organizations. The program is benchmarked against leading
Executive MBA programs worldwide.
 A. Program Curriculum
Proposed Curriculum and Course Descriptions

1. Degree Plan

First Semester

Course Course Course Title LR LB CR

Prefix Number
ACCT 551 Financial Accounting and Reporting 2 0 2
ECON 551 Managerial Economics 3 0 3
MGT 551 Behavior & Organization 3 0 3
OM 551 Quantitative Methods 3 0 3
11 0 11
Second Semester

ACCT 552 Managerial Accounting 3 0 3

FIN 554 Managerial Finance 3 0 3
MGT 554 Business Negotiations 2 0 2
OM 552 Operations Management 3 0 3
11 0 11
Third Semester

ECON 561 The Macro Environment of Business 2 0 2

MKT 561 Strategic Marketing Management 3 0 3
MGT 561 International Business and Globalization 3 0 3
MGT 560 Ethics & Leadership 2 0 2
10 0 10
Fourth Semester

FIN 562 Strategic Corporate Finance 3 0 3

MIS 564 Electronic Business Strategy 3 0 3

MGT 562 Strategic Management 3 0 3
MGT 564 Corporate Governance 2 0 2
11 0 11
Total Credit Hours 43
Course Descriptions for the EMBA Program

ACCT 551: Financial Accounting and Reporting (2-0-2)

This course will provide an overview of the corporate external financial reporting system to enable
you to understand financial accounting and reporting from the perspective of the user and
manager. The course cover the rules and guidelines that govern the preparation of financial
statements and the concepts of asset, equity, liability, revenue, expense, and the accounting cycles
that lead to the financial statements. It will also cover the effect of management decisions on the
financial statements.

ACCT 552: Managerial Accounting (3-0-3)

This course primarily deals with the understanding, generating and analysis of data used in
planning, decision making and control of operations. It also examines how accounting as well as
non-accounting information is used by management in decisionmaking. Both the theoretical and
practical aspects of the subject are appropriately blended to enable the students to understand how
this knowledge is used in contemporary organizations.

ECON 551: Managerial Economics (3-0-3)

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 (2-0-2)

Prepares students 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, money supply, and inflation.

FIN 554: Managerial Finance (3-0-3)

Applies various concepts and analytical tools pertinent to capital investments and financing
decisions. The course addresses the theory and practice of financial management and the role of
the financial manager in creating value. It provides the basic concepts of finance, including risk
and return within modern portfolio theory, financing decisions through capital structure theory
and dividends policy, and valuation of projects and securities.

FIN 562: Strategic Corporate Finance (3-0-3)

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 raised.
MGT 551: Behavior and Organization (3-0-3)
The course examines the role of organization as comprised of collective individuals, and how
they function as teams and interact with systems to increase organizational effectiveness.
Specifically, the course will explore the complexity of organizational dynamics as influenced
by structure, systems and strategy and supported by people, purpose and process. Topics
include individuals and teams, motivation, performance, rewards, problem solving, decision
making, communications, corporate culture, diversity, power and influence, conflict and
resolution as well as organizational design and change.

MGT 554: Business Negotiations (2-0-2)

The course is designed to introduce participants to theories and processes of negotiation.
Emphasis will be placed on making it relevant to a broad spectrum of negotiation problems
likely to be faced by managers. A basic premise of the course is that managers need analytic as
well as interpersonal skills for effective negotiation. The course will allow participants the
opportunity to develop these skills experientially and to understand negotiation in useful
analytical frameworks.

MGT 560: Ethics and Leadership (2-0-2)

Provides concepts of leadership and the essential skills required to become an effective
leader/manager. Examines both classic and contemporary theories and models of leadership. It
includes leadership styles, managing commitments, conflict resolution, emotional intelligence,
and team dynamics. Explore theoretical concepts of ethics in business, as well as cases that
represent the challenges they will likely face as managers. Focuses on the ways current
emerging leaders can assess the values that influence their actions.

MGT 561: International Business and Globalization (3-0-3)

Addresses economic, political, legal, cultural, and managerial challenges and opportunities
facing the firm in the international and global arenas.

MGT 562: Strategic Management (3-0-3)

The focus of this course is the strategic management process which involves the overall mission
and objectives of the organization, internal analysis to determine strengths and weaknesses,
external analysis to determine opportunities and threats, formulating corporate, business, and
functional strategies, implementation of chosen strategies and courses of action, and evaluation
and control of strategies to take corrective actions. Global strategies and environments will be
covered as well. Emphasis will be placed on the building blocks of competitive advantage
(efficiency, quality, innovation, and customer responsiveness) that underlie most strategies.
Students will learn relevant concepts and techniques and will develop skills in strategic analysis
and strategy formulation through variety of methods including business cases and simulation.
Students will also learn to function as an effective member of a strategic team by working with
others to analyze cases and solve business problems.

MGT 564: Corporate Governance (2-0-2)

This course describes the way corporate governance operates in today’s challenging business
environment. It examines the means by which investors attempt to ensure that the corporation
is managed in their best interests. Governance includes setting expectations, policies, standards,
and ways to verify that these are met. Topics include the structure of the corporation; the roles
of the board of directors and others in monitoring management. The course also includes topics
related to Saudi business laws that permit or require the board of directors to consider the
interests of stakeholders like shareholders’ rights. It also covers director’s and officer’s liability
and fiduciary responsibility; and securities regulation.

MIS 564: Electronic Business Strategy (3-0-3)

Covers issues that the modern business manager must deal with in making strategic decisions
concerning the choice, implementation, and execution of electronic business solutions.
Strategic use of IT and its impact on business performance. Opportunities and inherent risks of
IT use. Electronic business models. Electronic value chain.

MKT 561: Strategic Marketing Management (3-0-3)

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.

OM 551: Quantitative Methods (3-0-3)

Introducing the basic quantitative methods and techniques used in analyzing business and
managerial problems. This will include decision analysis and modeling using some
optimization techniques such as: Linear programming ‘LP’, duality and sensitivity analysis of
LP, integer programming, network optimization, goal programming, and basic business
statistics.

OM 552: Operations Management (3-0-3)

An overview of several operations and supply chain management concepts including: process
design and analysis; productivity competitiveness, operations strategy, forecasting, inventory
management, quality management, scheduling, capacity planning, logistics and locations
decisions, and project management. By focusing on the roles of different parties involved in
operations and their interactions, the course will help developing the managerial insights for
the supply chain management.
 EMBA courses Flow Chart

First Semester Second Semester Third Semester Fourth Semester

ACCT 551 ACCT 552 ECON 561 FIN 562

ECON 551 OM 552 MKT 561 MIS 564

MGT 551 MGT 554 MGT 561 MGT 564

OM 551 FIN 554 MGT 560 MGT 562