PROGRAMS
BACHELOR OF BUSINESS ADMINISTRATION PROGRAM
This program fully aligns with the mission of Caucasus University and the Caucasus School of Business, fostering the development of highly qualified, ethically grounded professionals who are competitive in the labor market and committed to democratic ideals, while meeting the educational standards of the field.
The program is designed to address the demands of both the Georgian labor market and the broader public and private sectors. It incorporates insights from leading international business schools and adheres to professional standards in business administration.
The goals of the Bachelor’s Program in Business Administration are to:
- Provide students with comprehensive theoretical knowledge and practical skills across foundational and specialized areas of Business Administration, such as Finance, Marketing, Management, Financial Accounting, and Auditing.
- Equip students with the skills required for various managerial roles, enabling them to fulfill key functions (in Finance, Marketing, Accounting, etc.) within both local and international companies.
- Impart both the theoretical foundation and practical expertise necessary for entrepreneurship.
- Offer a curriculum aligned with international Business Administration programs, facilitating graduates’ ability to continue their studies at Georgian and foreign universities.
- Instill a worldview and values that empower students to become highly qualified, morally sound professionals with strong ethical standards and a commitment to the ideals of humanity.
Allow its students to develop such a worldview and values which will enable them to become highly-qualified, morally sound professionals, competitive on the labor market, with high moral and ethical values and devoted to the ideals of humankind.
Information
Name of Educational Program in English: Bachelor’s Program in Business Administration (Specializations: Finance, Marketing, Management, Accounting) (delivered in English)
Level of Higher Education: Bachelor
Type of Educational Program: Academic
Language of Instruction: English
Awarded Qualification, Code In English: 0413 Bachelor of Business Administration
Date of Program Approval: 05.12.2020
Program Coordinator/Co-Coordinator: Coordinator: David Tsiklauri, Professor Co-coordinator: Elene Jgarakava, Associate Professor
Program structure
This program fully corresponds to the vision set forth in the Mission Statement of Caucasus University and Caucasus School of Business and ensures the preparation of highly-qualified, morally sound professionals, competitive on the labor market, devoted to the ideals of democracy and in fulfillment of the educational requirements of the field.
This program is drawn up taking into consideration the market needs of the public and private sectors as well as of the Georgian labor market. The program also considers the experience of leading foreign business schools and professional standards adopted in business administration.
The goals of the Bachelor’s Program in Business Administration are as follows:
- equip students with a wide theoretical knowledge and practical skills in the basic as well as in one of the functional aspects of Business Administration, such as: Finances, Marketing, Management, Financial Accounting and Auditing;
- enable students to develop skills necessary for any managerial level and prepare them to effectively fulfill appropriate functions (in Finances, Marketing, Accounting, etc.) at local and international companies;
- provide students with theoretical knowledge and allow them to acquire practical skills necessary for entrepreneurship;
- offer a program which is in accordance with the educational programs in Business Administration in international universities, so as to allow its graduates to pursue and deepen their education at Georgian and foreign universities;
Allow its students to develop such a worldview and values which will enable them to become highly-qualified, morally sound professionals, competitive on the labor market, with high moral and ethical values and devoted to the ideals of humankind.
Program Volume in Credits
The Bachelor’s Degree Program in Business Administration comprises 240 credits. The first course with 60 ECTS, the second course 62 ECTS, the third course 58 ECTS, the forth course 60 ECTS. Consequently, the standard official duration of the Bachelor’s Degree Program is four years. Each academic year is based on the semester principle, with each semester comprising 20 academic weeks; hence, each academic year is scheduled for 40 weeks. 1 ECTS equals to 25 hours, which includes class hours and time spent on independent work (midterm and final examinations, as well as homework assignments).
After expiration of the standard duration of the Bachelor’s Degree Academic Program, the students having academic debts, with the view of completing the program, are allowed to continue education through additional semesters (no more than 4) by retaining the student’s status. The Bachelor’s program is envisaged as the main field of study and free components learning courses:
Learning courses of main field of study (158 ECTS credits):
Mandatory learning courses of Business Administration-128/123 ECTS credits;
Caucasus University
Caucasus School of Business Mandatory learning courses of concentration-25 ECTS credits;
Optional learning courses of concentration-5 ECTS
Learning courses of free component (82 ECTS credits):
Mandatory learning courses of university- 62 ECTS credits;
Optional learning couses of university-5/10 ECTS credits;
Free credits- 15 ECTS credits.
77 ECTS of General Courses, 15 ECTS of university optional, 15 ECTS of components and 133 ECTS mandatory learning courses of business administration.
Part of foreign language subjects are presented by English language and second foreign language (Turkish, Spanish), from which student has to take one.
English language in the program is divided into general and professional modules. The share of both modules are 20 ECTS out of 240 ECTS.
The second foreign language (Turkish, Spanish) comprises 30 ECTS according to the program.
In case foreign students prove their knowledge of general English by any document, they can earn this credit studing Georgian language. In Case they know Georgian as well, they can eran credits based on free credits principle.
Program Admission Precondition
Any Georgian citizen who has completed full secondary education is entitled to enroll in Bachelor’s program of business administration, based on the results of the Unified National Examinations. Passing the English Language as a foreign language at the Unified National Examinations is a mandatory requirement. Any exceptions to the Law on Enrolment at Higher Education Institutions are allowed only in the cases prescribed by Law.
Enrolement in the Bachelor’s program of Business Administration through mobility is allowed according to rules established by Georgian Legislation. Prospective students eligible to the program without having passed the Unified National Examinations must attest English language B2 level of proficiency (IELTS-6.0; TOEFL-78; or other relevant international certificate confirming B2 level proficiency) or he/she has to pass a Univeristy administered English language B2 level exam.
Mobility to the program is allowed in accordance to procedures set by the relevant law.
Program Objective
The program corresponds to the vision of the Caucasus University and the Caucasus School of Business, ensures training of competitive, highly qualified, morally perfect specialists, who follows democratic ideals on local and international labor markets and ensures satisfaction of the educational requirment of the socity in this sphere.
The program is drawn by considering needs and requirements of labor market of private and governmental sectors of Georgia and neigbouring markets. The program considers the experience of leading business schools of Georgian and foreign universities and shares the professional standards established in the business administration.
The aim of the Bachelor’s program of business administration of Caucasus School of Business are as follows:
Obj. 1 – To give wide theoretical and practical skills of business administration as in basic, as well as in functional directions, such as finances, marketing, management, accounting and audit;
Obj. 2 – To develop skills necessary for different level of managerial positions and prepare to effectively fullfill relevant functions (finansist, marketer, accountant-auditor and etc.) for local and internationl companies.
Obj. 3 – To give theretical knowledge and improve skills necessary for entrepreneurial activity;
Obj. 4 – To offer the program matching educational business programs of international universities, which helps him/her to deepen the knowledge in high educational institutions of Georgia and abroad.
Obj. 5 – To establish worldvision and values, which makes him/her a competitive, high qualified, morally perfect person, loyal to the universal ideals, ethically responsible and with high public self-consciousness.
Program Learning Outcomes
After completing the bachelor’s program of business administration graduate will be able:
P.L.O.1. To define, describe and discuss the basic theories, concepts, models and approaches of business administration:
– P.L.O 1.1 For Finances concentration: describe and discuss the basic theories, concepts, models and approaches of finance; Plans, implements and evaluates the financial activities of the organization; Prepares financial reports;
– P.L.O 1.2 For Marketing concentration: describe and discuss the basic theories, concepts, models and approaches of marketing; Plans, implements and evaluates the marketing activities of the organization; Maintains a business relationship with customers;
– P.L.O 1.3 For Management concentration: describe and discuss the basic theories, concepts, models and approaches of management; Plans, implements and evaluates the activities of the organization’s management; Manage human resources;
– P.L.O 1.4 For Accounting concentration: describe and discuss the basic theories, concepts, models and approaches of accounting; Plans, implements and evaluates the activities of the organization’s accounting department; Prepare tax reports;
P.L.O.2. Based on the task set before him/her
– Determine the business model for assessing business environment, idea and/or project,
– Set goals to achieve
– Plan the necessary steps – make relevant decisions;
P.L.O.3. To use necessary knowledge and skills for relevant managerial position;
P.L.O.4. To analyse current situations based on relevant models and analitical methods, identify core issues and make applicable decisions.
P.L.O.5. Effective written and oral communication related to the sphere of basic and business administration topics in local and international environment.
P.L.O.6. To define and be aware of the meaning of worldvision, human values, social responsibility and ethical behavior.
Areas of Employment
– In Marketing/Public Relations/Communication/and other marketing departments on different professional and managerial positions of various profile and industy companies
– Various professional and managerial positions in the advertaising or marketing research organization
– Consulting Sector
– Accounting Department of privete and public institutions.
– Audit Companies
– Small, medium and large enterprises;
– Banking and non-banking financial institutions;
– Governmental, public and budgetary organizations
– Non-governmental Organizations
Possibility to Continue Studies
The Program graduates are entitled to pursue education at Master’s Degree Programs
Other Resources of the Program
To ensure the compliance of current and planned academic programs to international standards, Caucasus school of Business of Caucasus University is a member of international organizations, has signed memorandum of understanding with Georgian and Foreign higher education institutions, as well as governmental and non-governmental organizations:
Membership of International Organizations:
- Member of AACSB (Association to Advance Collegiate Schools of Business)
- Member of Central and East European Management Development Association (CEEMAN);
- Member of Network of International Business and Economic Schools (NIBES);
- International Association of University Presidents(IAUP)
- United Nations Academic Impact (UNAI)