MBA Business Development

General Description: Objective(s) of a study programme: To train highly competent business development professionals who are able to prepare, adopt, and implement business development decisions in a constantly changing business environment based on applied scientific research. Learning outcomes: Subject-specific competences of the study programme: 1. Knowledge and its application. 1.1. Will be able to integrate and apply functional business development knowledge in upper-level management. 2. Research skills. 2.1. Will be able to conduct applied business research, analyse its results, and, based on the insights obtained, formulate business development priorities. 3. Special skills. 3.1. Will be able to understand and evaluate business development processes and the broader environment in order to effectively address business development challenges in a dynamic context. 3.2 Will be able to make well-founded business development decisions by assessing the impact of individual functional areas on business development. 4. General competencies of the study programme. 4.1. Collaboration. Will be able to create a collaborative working environment, plan and perform tasks both individually and in teams, and evaluate work effectiveness. 4.2. Responsibility. Will be able to identify societal challenges, apply responsible business practices, and act in accordance with professional ethics. 4.3. Intercultural Competence. Will be able to operate effectively and respectfully in an intercultural environment. 4.4. Problem-solving. Will be able to critically and systematically assess problematic areas of business development and take appropriate action. 4.5. Openness to change. Will be able to adapt to a changing business environment and identify new opportunities and innovative solutions for business development. 5. Other social and personal skills. 5.1. Will be able to communicate clearly in writing and orally, and engage in discussions on relevant business development issues. Activities of teaching and learning: Lectures, problem-based teaching, literature analysis, independent study of additional material, discussions, case studies, future awareness test, task completion, teamwork, applied project and its presentation, business environment analysis. Methods of assessment of learning achievements: Assessment of assignments, assessment of the final applied project, assessment of the final applied project presentation, assessment of contribution to teamwork, test, reflection on the literature analysis, assessment of the analysis of the company’s strategic management process and its presentation. Framework: Study subjects (modules), practical training: In the first semester, students study the following compulsory subjects: Strategic Management, Corporate Finance for Executives, Organizational Behaviour. In the second semester, students choose one of the following study modules: Strategic Marketing, Organizational Transformation and Innovation Management, Sustainable Management, Business Management Systems, Financial Technology Management. Specialisations: - Optional courses: In the second semester, flexibility is implemented, allowing students to choose one of the offered study modules. Distinctive features of a study programme: • The Business Development programme is designed for graduates of various fields of study who have work experience in organizations and seek vertical career advancement: (1) career changers who have specialised knowledge in different fields and aspire to take on managerial roles and thereby contributing to the growth of their organisations; (2) career refreshers who need to update previously acquired management and economics knowledge and become familiar with contemporary business development practices. • The program takes a broad view of business development issues, covering all key areas of business development: strategic management, organizational behaviour, market penetration, sustainable development, financial efficiency, transformation management, etc. • The philosophy of the programme is oriented toward business development solutions based on applied research methods and the opportunities offered by modern behavioural science laboratories and individual study. • The second semester offers flexibility, allowing students to choose one of the study modules offered. It also provides the opportunity to focus on an applied project in a wide range of business issues, delving into strategic management, sales, sustainable management, or other areas of business that are of interest to students who are studying and working. • Programme is based on study modules, where teaching is focused on one subject at a time. • Studies are easily accessible to non-local residents due to the limited number of classroom sessions. Access to professional activity or further study: Access to professional activity: Graduates of the Business Development programme can work in various management positions in national and international business structures and government institutions, where high managerial competence and complex decision-making are required, as well as successfully create and develop their own businesses and work in scientific and educational institutions. Access to further study: Those who wish to pursue research or teaching careers at universities can continue their studies in management-oriented doctoral programmes or independently deepen their knowledge and professional skills by taking advantage of lifelong learning opportunities.