M.B.A. – Master of Business Administration
We invite you to visit the MBA website (in Hebrew) where you will find current messages and updates in addition to the material here.
Introduction1
The program of study towards an MBA (Master of Business Administration) is offered by the Department of Management and Economics of the Open University. The aim of the program is to qualify students for middle and senior management positions in business and the public sector.
The program imparts professional knowledge, skills and capabilities in the major areas of management and business administration, enabling its students to specialize in functional areas including: business policy and strategy, marketing, accounting, finance, operations, human resources, international management, industrial and business economics, government and public policy, ethics and law, behavioral sciences, decision making, information systems, and quantitative methods. Students will study and gain experience in methods for diagnosing managerial phenomena and will acquire decision-making and problem-solving skills. Tools gained in various fields will be applied to analyzing and planning systems and projects from an integrated managerial perspective.
The MBA program is a non-thesis program.
Admission Requirements
Acceptance to the program is determined by the Admissions Committee. The requirements are:
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A bachelor's degree in Management accredited by the Council for Higher Education with a grade point average of at least 80, after completing the required supplementary courses
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A bachelor's degree in another field accredited by the Council for Higher Education with a grade point average of at least 80, after completing the required supplementary courses
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A bachelor's degree with a grade point average below 80 will be considered by the Admissions Committee. In certain cases, candidates may be asked to come for a personal interview. At least 3 years of proven managerial experience is advantageous.
Accreditation of Prior Studies
The departmental Master’s committee will consider granting accreditation for up to 18 credits for graduate level courses relevant to the program at another institution of higher education. Additional details can be found in the Regulations Pertaining to Graduate Studies.
Program of Studies
To complete the degree requirements toward an MBA, students must accumulate 45 credits in required courses, elective courses and seminars. Students without the necessary background will be required to complete supplementary studies in basic courses that do not grant graduate level credits. Required courses include core courses in management as well as an advanced integrative course to be taken after the core courses. The multi-disciplinary character of graduate studies in business administration, as well as the diverse supplementary, required, elective and seminar courses, enable students to plan a curriculum based on a wide variety of courses. MBA students will be required to demonstrate their ability to apply their studies to practical managerial problems and case studies in their own fields and to other cases in Israel and abroad.
MBA students will not receive credits for a course they took during their undergraduate studies, and will be required to complete the 45 credits from among the elective and seminar courses offered.
Five groups of courses comprise studies towards an MBA:2
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Supplementary studies3 |
Credits |
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3 |
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4 |
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– |
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– |
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Introduction to Statistics for Students of Social Sciences I (30111) |
3 |
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Introduction to Statistics for Students of Social Sciences II (30112) |
3 |
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Research Methods in Social Sciences: Guiding Principles and Research Styles (10285) |
4 |
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Required studies4 – 18 credits |
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3 |
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3 |
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3 |
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3 |
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3 |
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3 |
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Advanced required studies – 3 credits |
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3 |
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Electives5 – at least 18 credits |
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■ Accounting Cluster |
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3 |
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3 |
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Financial Statements I |
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Financial Statements II |
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■ Financing Cluster |
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3 |
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3 |
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3 |
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Investment Theory |
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■ Management, Marketing and Advertising Cluster |
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3 |
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3 |
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3 |
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Changing Attitudes and Persuasion in Marketing and Advertising |
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| Emotions in Organizations (13902) | 3 |
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Strategy for a Multi-Business Corporation |
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■ International Management Cluster |
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3 |
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3 |
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3 |
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3 |
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3 |
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■ Business and Industry Economics Cluster |
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3 |
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3 |
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3 |
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Managerial Economics |
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■ Management and Public Policy Cluster |
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3 |
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3 |
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3 |
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Policy and Economics of Local Government |
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Approaches and Roles of the Government |
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■ Ethics, Law and Taxation Cluster |
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3 |
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3 |
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3 |
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3 |
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■ Operations Management Cluster |
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3 |
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3 |
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3 |
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Management and Quality Control |
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■ Quantitative Methods and Information Systems Cluster |
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3 |
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3 |
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3 |
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Simulation Modeling and Analysis |
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Managerial Decision-Makingp |
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■ Organizational Behavior in Management Cluster |
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3 |
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3 |
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3 |
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3 |
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3 |
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3 |
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Seminars6 – 6 credits |
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3 |
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3 |
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3 |
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3 |
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3 |
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3 |
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Seminar: Financing – Issues and Applications in Israel |
3 |
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3 |
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Seminar: Information Systems Development Methodologies (13803) |
3 |
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3 |
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Workshop: Critical Organizational Behaviors and Organizational Performance (13901) |
3 |
Program of Study – Approval and Changes
Each student’s individual study program must be approved by the departmental Master's committee. The committee determines when the student is required to submit the program for approval. A student who wishes to change the study program after it was approved may submit a request to change the program to the committee. The committee will consider the student’s request and decide whether to approve it.
Program approval is valid for 3 years. If there are changes in the prerequisites of courses included in the program, students will revise their program according to the prerequisites in force when they register for the course. In addition, if the University no longer offers a course listed in the program, students will be required to select an alternate course.
Duration of Studies
Students are required to complete their studies within 5 years of taking their first course in the program (not including supplementary courses).7
Degree Eligibility
Students receive an MBA following completion of all the courses and seminar papers in their approved final program of study.
Final Degree Grade
The final degree grade is the weighted average of all course grades.
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1 |
The details below are subject to the Regulations Pertaining to Graduate Studies. |
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2 |
The courses listed below include courses currently offered as well as courses in the planning and development stages. |
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3 |
Courses in economics, mathematics, statistics and computer science (with an average grade of 75) are required of students who did not take these courses, or corresponding courses in content and scope, within an academic framework. |
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4 |
Core courses in management and business administration. In special cases, the departmental Master’s committee may exempt students from core courses if they took corresponding courses as part of their prior studies. In any case, students will be required to complete the 45 credits required for the degree from among the elective courses. |
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5 |
The 10 clusters of elective courses enable students to gain in-depth knowledge and to specialize in various areas. Due to the integrative nature of the program, students are required to select a minimum of 6 courses from at least 3 clusters. Students may not take an elective course if they took it as part of their undergraduate studies. |
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6 |
Students will actively participate in two seminars of their choice, subject to the approval of the program advisor. Students must meet the seminar prerequisites before enrolling in the seminar. Seminars are studied in small groups using distance-learning technologies (CMC, video-conferencing, etc.). |
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7 |
In exceptional cases, students may apply to the departmental Master’s committee for an extension. The committee may require that students take additional courses, which will be included in the study program, instead of, or in addition to, courses that the student has taken. |