MBA Program Course Descriptions
Introduction to Management Science (core course-3 credits)
Fundamental quantitative methods used in business decision-making: mathematical programming, stochastic modeling, and simulation, with emphasis on formulation, analysis, and implementation.
Financial Accounting (core course-3 credits)
Financial accounting with a managerial emphasis. Generally accepted accounting principles, concepts, standards, and practices used in recording business transactions in order to prepare major financial statements such as the balance sheet, income statement, and cash flow statement. Accounting for inventories, plant, property, and equipment as well as measurement of liabilities, capital stock, and retained earnings; generation of accounting information for internal planning and control purposes are studied. Role of management accounting for decision making, determination of cost of products and services, and performance evaluation of business units are examined. Different methods of determining product costs using job costing, process costing, and activity based costing are examined. Use of cost, volume, profit analysis in order to determine product contribution margins and break-even point and study of cost behavior in relation to activity levels; determination of relevant information for decision making.
Operations Management (core course-3 credits)
Fundamental decisions and tradeoffs in control of a firm's operations: obtaining and controlling the flow of materials through a production facility and distributing them to customers. Four modules: process fundamentals; cross functional integration, coordination and control; improving the performance of productive systems; and competing through technology and operations.
Strategic Management in a Global Environment (core course- 3 credits)
Introduction to the concept of Strategy and Strategic Management, industry analysis: External environment of the firm, resources and capabilities of the firm, key success factors in competitive advantage, corporate strategy, global strategies and the multinational corporation, management of the multi-business corporation, current trends in strategic management.
Global Economics (core course-3 credits)
The analysis of growth, inflation, balance of payments, and foreign exchange. Understanding the fundamentals of monetary and fiscal policy. The key differences between the main schools of economic thought, including classical and Keynesian schools. Globalization and the main institutions of the global economy. The role of emerging economies, including Turkey, in the post Great Recession economic order.
Corporate Governance ( core course-1,5 credits)
Procedures and processes by which companies are directed and controlled; the board of directors and its working procedures; strategies to influence management thinking on the part of the board of directors, individual directors, shareholders and the wider community of stakeholders; comparative perspectives on governance in the Industrialized World and in Emerging Markets.
Organizational Behavior (core course-3 credits)
Human behavior and interpersonal relations as they occur in organizational context, particularly work teams.
Graduation Project (core-1 credit)
Koç MBA degree doesn't require a graduation thesis; however, students are required to submit a graduation project according to the regulations and requirements of the Turkish Higher Education Council (YÖK). The graduation project is conducted individually under the guidance of a faculty member and culminates in a written project report.
Marketing Management (core course-3 credits)
Marketing management in modern organizations; knowledge and application of key strategic frameworks to customer analysis, environment, competition, and organizational strengths and weaknesses. Creative selection of target markets and planning the components of the marketing mix. The role and use of information in marketing planning, determinants of and the nature of buying behavior. The complexity of developing and managing the marketing process in a multinational arena.
Financial Management I (core course-3 credits)
Introduction to the time value of money and discounted cash flow analysis; coverage of financial decisions to maximize the value of the firms equity: valuation of assets, liabilities, and common equity; capital budgeting decisions; opportunity cost of capital; risk and return.
Foreign Policy Analysis for Business Leaders (core course-1,5 credits)
Changing global context and its reflections in foreign policy strategies. Main factors determining Turkish foreign policy and what they mean for geo-political dynamics, as well as the possible threats and opportunities that they pose for the business world.
Leadership and Management Development Program (core-1 credit)
Leadership and Management Development Program (LMDP) is an extra-curricular program aiming to develop the managerial competencies of students. LMDP consists of integrative learning experiences outside of the traditional classroom setting. The main tracks of the Leadership and Management Development Program are: developing managerial Skills, developing communication skills, career planning, career sessions, guest speaker series
Strategy Deployment (core course- 3 credits)
Execution of business strategy; interdependence with policy, structure, people, strategic and operating plans, performance measurement, processes, corporate vision and values, business unit metrics. Understanding of corporate dynamics that hinder or foster effective execution. Systems, tools and resources for strategy aligned implementation.
Applied Business Project (core course – full time students only - 6 credits)
Business Project is an important element of the Koç MBA curriculum during the spring semester. Business Projects are consultancy-like projects designed as a real life learning experience. The student teams solve a company’s real business problem, while training for process management, result orientation and team building. Students are offered the opportunity to gain insight into business life, to train their analysis and problem solving skills, to apply research methods, to transfer theoretical knowledge to practicalities, to learn process management and to gain social skills and competency.