The information below is specific to the MBA in Tbilisi, Georgia with the Caucasus School of Business.
Program Overview
Tbilisi Part-time MBA Program Duration
18 months part-time, composed of 3 to 5 day monthly sessions over weekends
10 months - Final Management Project
Degree level
Master (120 ECTS credits)
Entry requirements
Motivated executives with at least 3 years of professional experience who can study with confidence in English and who have successfully completed their undergraduate studies at any internationally recognized university.
Employment Statistics*
Employment found in less than four months: 87%
Rate of graduates working internationally: 100%
Annual salary after graduation: <40k€: 37% | >40k€ - <75k€: 43% | >75k€: 20%
*Based on 2021 graduates
Objectives
The MBA program mission is to provide future managers with the core knowledge needed to adopt a holistic view of business and stimulate managerial and entrepreneurial initiative. The program also seeks to enhance career progression and enable participants to think critically and strategically in order to adapt to the changing global environment.
The Grenoble Ecole de Management MBA is unique in providing a team of international professors teaching in the heart of Tbilisi followed by a chosen specialization that you complete during intensive weekly sessions in Grenoble or Paris.
Upon graduation, you will receive a Master of Business Adminstration degree from both the Grenoble Ecole de Management as well as Caucasus School of Business, Caucasus University. The convenient part-time format also allows professionals the ability to work while completing their degree.
Skills Acquired:
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Upon completion of the program, you will be able to:
- Carry out a diagnostics and strategical analysis of a company to define international axes of development
- Carry out international market analysis and propose strategic directions by taking into consideration competition and cultural differences
- Identify original positioning choices and pinpoint development strategies and sources of sustainable value creation
- Put in place sales and marketing actions in different geographical zones
- Conduct different types of negotiations
- Develop a budget including an action plan, income statement and cash flow
- Analyse intercultural management problems and propose appropriate actions
- Structure an international project by defining the objectives, the means, the budget and its duration
- Obtain management support for projects
- Use project management tools
Mikheil studied the part-time Grenoble Ecole de Management MBA in Georgia: he says the successful application of the knowledge gained in the program helped him secure his current position.
Program Structure
Grenoble’s partnerships enable us to offer the program in partner campus locations. The program delivered through these partnerships provides the same core modules, specialization modules and project phase as the Grenoble program. For many of the modules, faculty teaching in Grenoble travel to partner campuses, ensuring that the same teaching takes place throughout the MBA network, and enhanced by teaching input from our partner school faculty.
MBA NETWORKING AND GRENOBLE DISCOVERY WEEK
GEM MBA students are invited to attend this week-long session in Grenoble, enabling students from campuses in Grenoble, Moscow, and Tbilisi to come together to network and attend seminars and conferences on key management issues. The week includes company visits, networking events, and an alumni evening. Topics and events covered typically include Conflict Resolution, Interview Techniques, Radical Career Change, Salary Negotiations, and Effective Leaderships.
Structure
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Year 1 |
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Year 2 |
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There are 3 distinct phases to the program:
Phase 1 Core Courses:
The program is a balanced and challenging one, equipping participants with numerical and analytical skills, communication and interpersonal skills, plus insights into current managerial issues in geopolitics, macroeconomics and governance. Through regular group work on cases and individual assignments on management dilemmas, students will develop their expertise in budgetary and financial management as well as in people management. Strategic analysis and negotiation skills are developed through face-to-face team negotiations to resolve authentic and complex cases.
*The content of the program may be adapted from year to year to take into account the needs of industry. Class attendance is compulsory.
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Core Courses
The International Environment
- Global Business and Macroeconomics
Geopolitics
Accounting and Auditing
- Managerial Accounting
International Financial Accounting
Auditing
International Management
- Intercultural Management
International Negotiations
Sustainability and Management
- Sustainability and CSR
Risk Management
Tools for Decision-Making
- Microeconomics for Managers
Quantitative Methods
Managing Organizations
- Strategic Human Resource Management
Organizations and Change Management
Leadership and Teambuilding
Technology Management
- Innovation Management
Operations Management
International Business Law
International Marketing
Corporate Finance
Strategic Management
Digital Transformation
Integrative Case Study
- Global Business and Macroeconomics
Phase 2 Specializations:
From a menu of up to 8 alternative choices, students can personalize their MBA program for 20% of their total class sessions. The Full-Time and Part-Time students from the different MBA sites join together in international groups from Grenoble, Moscow, and Tbilisi. The content is focused on professional management activity or management in a range of functional areas. For many participants, the specialization choice will also determine the focus of the Final Management Project: for example, choosing a Finance elective can lead directly to a project in the area of Finance.
Available specialization in Tbilisi: International Business Development
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Specializations*
Choice of one specialization composed of 3 intensive one-week sessions:
- Management Consulting (Grenoble)
- International Business Development (Grenoble, Tbilisi)
- Entrepreneurship (Grenoble)
- Smart and Sustainable Business (Grenoble)
- Finance & Digital Banking (Grenoble)
- Digital Marketing (Paris)
- Project Management (Grenoble)
- Luxury Brand Management (Paris)
*Specializations require a minimum number of participants.
Phase 3 Final Management Project:
During this phase, program participants are free complete their projects while pursuing professional activity anywhere in the world. The Project is an opportunity that different students use in different ways. A Part-Time student will often bring analysis of value to the organization while completing the MBA Program. A Full-Time student may use the project to demonstrate potential value and capabilities to a future employer. For some students, ideas for entrepreneurial ventures can be assessed before the start-up is launched.
Pedagogy
Taught part: 500 - hours core courses through concepts, theory and real-world examples of written and live cases, chosen elective with practitioners from several professional areas and a study trip to Berlin. Final Management Project: Applied project in-company with an individual written report. The project receives academic support from a GEM tutor.
Evaluation
Each block of competencies is assessed by one or more case studies, based on a real or fictitious company case or situation scenarios. Each case study includes a written and/or oral, individual and/or collective production. The different components of the assessment methods can be carried out in a global or split manner, depending on the case
Employability
Careers
Employment Statistics*
Employment within 2 months: 83%
<Annual salary with bonus after graduation: <40k€: 28% | 40k€ - 50k€: 17% | >50k€: 55%
* Based on 2020 graduates
Graduates from the MBA program hold many different positions in a variety of sectors: Sales, General Management, Strategic Planning Consulting, Treasury and Finacial Analysis, Corporate Finace...
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Top Employers of our Part-time mba Graduates
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Bank of Georgia (BOG)
TBC Bank
VTB Bank
Credo Bank
Ministry of Foreign Affairs of Georgia
Ministry of Economy and Sustainable Development
Ministry of Regional Development and Infrastructure of Georgia
Municipal Development Fund of Georgia
Alliance Group Holding
British American Tobacco
JTI Caucasus
ACT GlobalACT Global
Tegeta Motors
GlaxoSmithKline
Millenium Challenge Georgia Fund (MCG)
Diplomat Georgia
Magti
Georgian Audit & Consulting Company (GACC)
Georgian Industrial Group (GIG)
Georgian Railway
Georgian Farmers Association
Sakcable
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Program Fees
€13,700 (Total program fee)
€17,450 (non-Georgian citizens)
Various corporate and regional scholarship options are available to help finance your MBA.
Fees are subject to change. Please verify program fees each year before commencement.