Our MBA program embraces lean management and sustainable business practices, including Triple Bottom Line and the Balanced Scorecard. Our MBA students learn the foundational subjects in business (marketing, accounting, finance, operations, human resources, and business law). Additionally, students can choose among four areas for more in-depth specialization.

The Program

To obtain an MBA degree at UNICAL, students must complete a total of 60 ECTS, consisting of:

  • 18 ECTS to fulfill the MBA Foundation requirement
  • 18 ECTS in specialization courses, and
  • 12 ECTS in elective courses to fulfill the MBA Depth requirement.
  • 12 ECTS to fulfill the Research components and the Master Thesis project requirement
MBA Foundation Requirement (18 credits)

As a preparation for meeting the requirement of a specialization, each MBA student must demonstrate a basic competence in the foundational fields of business. This is demonstrated by having a total of 18 credits earned by taking at least 3 ECTS in each of five of the following eight fields:

  • Marketing
    • Marketing Management
    • Marketing Research
  • Accounting
    • Financial Accounting
    • Managerial Accounting
  • Financial management
    • Financial Management
    • Fundamentals of Financial Analysis
  • Business law and ethics
    • Environmental Law
    • Cross-cultural Management
  • Leadership, the management of people or organizations
    • Leadership and Teamwork
    • Mediation and Negotiation
  • Management of operations or quality
    • Data Analysis for Managers
    • Managing Operations for Quality and Efficiency
  • Sustainable business
    • Organizational Change for Sustainability
    • Metrics for Sustainability
  • Human Resources
    • Human Resource Management
    • Needs Analysis and Program Evaluation
  • MIS (Management Information Systems)
    • Information Systems Foundations
    • Information Systems Strategy
MBA Depth Requirement: Specialization (18 credits)
  • All MBA students in the Standard Format must complete a specialization. A specialization is a depth of study in one cross-functional field consisting of at least 18 credits.
  • Examples of specialization topics are business process improvement, sustainable business, accounting, and transport and supply chain management.
  • Each specialization must include two research seminars and a Master Thesis in which there is a substantial requirement of research and writing.
  • Specializations will be noted on the student’s transcript and diploma. Contents of current specialization options are shown below.
Elective Courses (12 Credits)
  • Each specialization must also include 12 credits of elective courses. These courses must either further deepen the students’ studies of his chosen specialization, or be selected from the required courses offered in other specialization (s).

UNICAL offers the following specializations: (1)

  • Specialization in Sustainable Business
  • Specialization in Business Process Improvement
  • Specialization in Accounting
  • Specialization in Transport and Supply Chain Management
Specializations Required Courses

Specialization Courses in Sustainable Business

  • Organizational Change for Sustainability
  • Metrics for Sustainability
  • Sustainable Technologies
  • Socially and Environmentally Responsible Management
  • Modeling Sustainable Technologies
  • Socially Responsible Investing
  • Green Investing
  • Sustainable Community Development

Specialization Courses in Business Process Improvement

  • Operations Management
  • Statistics for Business Process Improvement
  • Business Process Improvement
  • Performance Improvement Project

Specialization Courses in Accounting

  • Financial Accounting
  • Managerial Accounting
  • Intermediate Accounting I
  • Intermediate Accounting II
  • Auditing for Financial Accountants–CPA Review
  • Taxation
  • Lean Accounting Transformation
  • US and International Accounting Practices

Specialization Courses in Transport and Supply Chain Management

  • Network Analysis
  • Supply Chain Execution and Geologistics
  • Airline Business
  • Decision Making in Supply Chains
  • Ethics
  • Supply Chain Management
  • Transport Economics and Management

Research Component

  • Research Seminar I
  • Research Seminar II
  • Master Thesis

(1) UNICAL may start at any given semester one or more of the specializations. Please contact us for starting dates of the specialization of your choice.