Faculty of Business Administration & Economics
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The Faculty of Business Administration and Economics is a professional faculty. It offers a range of academically balanced programs to meet the needs of the various sectors of the economy. The programs of study are dynamic to keep pace with the rapidly evolving environment of business, management, hospitality, tourism and technology. The qualified and experienced academics at the Faculty are dedicated to providing theoretical and practical knowledge of high standard in a stimulating atmosphere. That is why the Faculty, in a short time, has developed to become a major provider of high quality business and management leaders.

Faculty Objectives

The primary objectives of the Faculty are:

  • To serve the community by providing programs of study that are professionally oriented, comprehensive, relevant to today’s business world, and of high standard.
  • To prepare well-rounded business graduates who are equipped with analytical, quantitative, managerial and human skills to make sound and responsible decisions.
  • To develop business graduates who are aware of the connection between business-management decisions and political, social, economic, legal, ethical, technological and environmental factors.
  • To develop business graduates who are able to identify management and organizational problems, isolate critical factors, generate feasible alternatives and, after critical thinking and analysis, come up with the most appropriate solution.
Summary of Degree Programs Offered

The Faculty of Business Administration and Economics consists of:

  • Department of Accounting and Finance
  • Department of Economics
  • Department of Management and Marketing
  • Department of Hotel Management and Tourism

The Department of Accounting and Finance offers programs leading to the degrees of Bachelor of Business Administration with emphasis on:

  • Accounting areas: Accounting Information Systems, General Accounting, Management Accounting and Control, Auditing.
  • Finance areas: Investment management, Corporate Finance, Real Estate, banking, Personal Financial Planning, General Finance.

The Department of Economics offers programs leading to the degrees of Bachelor of Business Administration with emphasis on:

  • Economics
The Department of Management and Marketing offers programs leading to the degree of Bachelor of Business Administration (B.B.A.) and the degrees of Bachelor of Business Administration with concentrations on:
  • Management
  • International Business Management
  • Marketing

The Bachelor’s degree is a three-year and two-summer program of full-time study.
The Department of Management and Marketing also offers a program leading to the degree of Master of Business Administration (M.B.A.).
The Master’s degree follows a two-year full-time program or its equivalent in part-time work.
The Department of Hotel Management and Tourism offers a program leading to the degree of Bachelor of Hotel Management and Tourism. This degree is a three-year and two-summer program of full-time study.

Undergraduate Degrees

Admission Procedures and Requirements
For admission procedures and requirements to the undergraduate degree programs offered by the Faculty of Business Administration and Economics, see the appropriate page numbers in this catalog.

Registration Procedure
For registration procedure for newly admitted and old students, late registration, course load, withdrawal from courses, and change of courses, see the appropriate page numbers in this catalog.

Undergraduate Degree Curricula

I. Bachelor of Business Administration (B.B.A.)

  1. All candidates for the degrees offered by the Department of Accounting, Finance and Economics and the Department of Management and Marketing must satisfy the following curricula:

    1. General Education Requirements
      It is strongly believed that graduating business students should have a well-rounded education irrespective of their area of study. For this reason all candidates for a Bachelor’s degree must complete a set of courses chosen from a wide range of academic disciplines: religion, English, environmental science, Arabic, computer science, psychology, sociology, history, and political science. The purpose of these courses is to provide basic skills which are essential to success, to clear communication orally and in writing, and to the breath and depth of education.

    2. Required Common Core courses
      All candidates for the B.B.A. degree, irrespective of their area of concentration, must complete the following required common courses. These courses are designed to provide business students with basic management skills - quantitative, behavioral, and technical - which every manager should possess in order to meet the demanding requirements of modern business organizations and to be able to face new challenges. The courses are:
      ACO 201 Principles of Accounting I
      ACO 202 Principles of Accounting II
      ACO 311 Managerial Accounting
      BAD 201 Fundamentals of Management
      BAD 311 Business Law (not for Financial Engineering)
      BAD 323 Software Tools for Bus. Application
      BAD 453 e-Business
      BAF 311 Principles of Financial Management I
      ECN 211 Principles of Microeconomics
      ECN 212 Principles or Macroeconomics
      ECN 333 Managerial Economics
      MRK 201 Fundamentals of Marketing
      STA 206 Applied Statistics for Bus. and Eco. I
      STA 207 Applied Statistics for Bus. and Eco. II
      MAT 205 Math for Business and Economics II

    3. Major Requirements
      Those B.B.A. candidates should complete certain concentration courses specified by their respective departments. Together with the common required courses, these courses provide some depth in one particular area of business. For the courses required for each concentration, see the concerned degree requirements.

    4. Free Electives
      Business students have the opportunity to choose six credits offered by any Faculty to satisfy their non-business interests, diversify their background, and even be of additional business knowledge.

      Internship Program

      Internship provides an opportunity for business majors to test and utilize theories learned in the classroom. It gives valuable on-the-job experience, and facilitates finding employment. The internship should be related to the students’ majors, and should consist of a specific project. Seniors are placed in the offices of cooperating firms under the supervision of staff of the firm. The student earns l credit. To earn this credit, the intern should work for at least 350 hours. He/she should keep a record for hours worked signed by his/her direct supervisor. He/she should present periodic reports and at the end of the internship, he/she should write a 10-page report on the internship, verified by the authorized supervisor. It is preferable to have the internship in the summer.
      Additional details are available with the internship advisors.


  2. Bachelor of Hotel Management and Tourism
    All candidates to the degree of Bachelor of Hotel Management and Tourism must satisfy the following curricula:

    1. General Education Requirements
      The general education requirements apply to all undergraduate programs.
      The following list shows the General Education Requirements (GER) for all students in the Faculty of Business Administration and Economics entering Fall 2008 and thereafter.
      I. Communication Skills 9 cr.
      English (6 cr.)
      ENL 213: Sophomore English Rhetoric
      And
      ENL 223: Communication Arts
      Or
      ENL 230: English in the workplace
      Arabic (3 cr.)
      ARB 211: Appreciation for Arabic Literature
      ARB 212: Advanced Arabic Grammar
      ARB 224: Arabic Literature and Human Thought
      ARB 231: Technical Arabic
      ARB 317: Themes of Modern Arabic Literature in Lebanon (20th century)
      II. Philosophy and Religion 6 cr.
      Religion (3 cr.)
      REG 212: Religion and Social Issues
      REG 213: Catholicism
      REG 215: World Religions
      REG 313: The Maronites: Faith and Cultural Heritage
      REG 314: Marriage and Family in the Catholic Church
      Philosophy + Ethics (3 cr.)
      ENS 205: Environment, Society and Ethics
      PHL 211: Logic and the Scientific Method
      PHL 311: Ethics and the Modern World
      POS 345: Ethics and Leadership
      III. Cultural Studies and Social Sciences 6 cr.
      A – Cultural Studies (3cr.)
      HUT 305: Human Thought to 1500
      HUT 306: Human Thought from 1500 to the present
      MUS 210: Music Appreciation
      FAP 215: Art and Culture
      COA 359: Media and Society
      COA 315: World Cinema Survey
      NTR 215: Foods and Nutrition of World Cultures
      ARP 215: Cultural Themes in Lebanese Architectural

      B – Social Sciences (3 cr.)
      PSL 201: Intro to Psychology
      SOL 201: Intro to Sociology
      SOL 301: Introduction to Anthropology
      SOL 313:Family Violence and Child Abuse
      BAD 201: Fundamentals of Management (Not for Business students)
      ECN 200: Survey of Economics
      ECN 211: Principles of Microeconomics
      ECN 212: Principles of Macroeconomics
      IV. Citizenship (3 cr.)
      Choose one course (3 cr.) of the following:
      HIT 211: History of Lebanon & the Middle East
      POS 201: Introduction to Political Science
      POS 210: Government and Politics in Lebanon
      POS 240: Law and Society
      IAF 301: Modern Political Ideologies
      COA 350: Current Issues
      POS 319: Democracy and Human Rights
      POS 337: Dialogue of Civilizations
      V. Science and Technology 6 cr.
      Choose one course of the following
      Mathematics/ Statistics/Computer Science (3 cr.)
      CSC 201: Computer and their use
      CSC 202: Computers for Visual Arts
      MAT 201: Fundamentals of Mathematics
      MAT 204: Mathematics for Business and Economics I
      MIS 201: Introduction to Management Information Systems
      Natural Sciences (3 cr.)
      PHS 211: Principles of Physics
      PHS 207: Development of Science and Technology
      AST 201: Discovering Astronomy
      CHM 211: Principles of Chemistry
      ENS 201: Introduction to Environmental Science
      ENS 202: Environment and Sustainable Development
      ENS 206: Ecotourism
      GIS 211: Principles of Geographic Information Systems
      BIO 201: Your Body in Action
      BIO 202: Mystery of Life
      BIO 203: Discover Biology
      HEA 201: Health Awareness
      HEA 204:Contemporary Health Issues
      NTR 201: Basic Human Nutrition

    2. Major Requirements
      All candidates for the Bachelor of Hotel Management and Tourism degree have to complete a 17 3-credit courses as specified by the Department, 2 courses of Lab application, and an Internship to be preferably taken during the summer vacation. These courses provide the core Business, and Hospitality and Tourism operational skills needed prior to choosing a field of concentration.

    3. Concentration Requirements
      Consists of six 3-credit courses and 1 Internship depending on the chosen concentration and the candidates preferred sub-specialization. These courses are to equip students with advance knowledge in their future professional field.

    4. Electives
      In addition to the major requirements, candidates need to fulfill 3 credits as free electives according to their personal interests.

      Academic Rules and Regulations
      For complete and detailed information regarding academic rules and regulations for the undergraduate degree programs, students should refer to the appropriate page numbers in this catalog. The following additions and amendments pertain to the Faculty of Business Administration and Economics.

      Repeating Courses
      A student in the Faculty of Business Administration and Economics cannot register for a core or major course more than three times. At the third attempt, if the student still fails to get a passing grade, he/she should shift to another major or Faculty.

      Academic Probation
      A student in the Faculty of Business Administration and Economics will be placed on academic probation if at the end of a semester his/her overall GPA falls below 2.0/4.0.

      Dropping a Major
      A student in the Faculty of Business Administration and Economics who is on probation and fails at the end of a semester or summer session in two or more core and/or major courses, will be asked to change his/her major. Also, a student will be asked to change his/
      her major or Faculty if his/her GPA in the core and major courses drop below 2.0/4.0 for two consecutive semesters, provided he/she has completed 15 credits in the core and major courses.

      Readmission
      A business student who was asked to change his/her major or his/her Faculty of study due to poor performance in his/her major will not be readmitted in the same major or in the Faculty.

      Change of Major
      A change of major to the Faculty of Business Administration and Economics may be approved if the student meets the admission requirements and academic standards established by the Faculty. The student should follow the latest program of the new major.

      Incomplete Grade
      This grade is used only when the student, for reasons beyond his/her control, is unable to finish the work of the course, and there is reasonable expectation that he/she will successfully complete course requirements. If this grade is not resolved by the end of the eighth week of the following semester, the Registrar’s Office will convert the “I” to “F”. Granting “I” needs the prior approval of the Dean of the Faculty.

Graduate Degree | Master of Business Administration (MBA)

The graduate program of the Faculty of Business Administrationand Economicswas established in l992. It was revised last in June 2010 to be effective for the Fall semester 2010. The program is designed to provide advanced business and management studies for students who have shown distinct academic ability and for practicing managers who aim at higher achievement in their present position.

The objectives of the program are:

  • To provide advanced knowledge and skills in management and the capability to apply them;
  • To develop the graduates’ capacity for independent study and continued professional growth;
  • To form graduates who are able to think logically and critically, and are able to apply analytical tools to decision making;
  • To form graduates who can adapt to rapidly changing business and technological environments and are able to make flexible adjustments;
  • To develop in graduates the desire for continued self-improvement.

Students may attend on a full-time or part-time basis. All the courses are offered starting 5:30 p.m. to allow the student to complete the program on a part-time basis. The program is a two-year full-time course of study or its equivalent in part-time work.
Instructional methods include regular lectures, seminars, case studies, field work, and lectures by guest speakers.
Although the graduate program is designed as a terminal degree program, graduates are well prepared to pursue higher degrees in business and economics.


Admission Procedure
For admission procedures to the graduate degree program offered by the Faculty of Business Administration and Economics, see the appropriate page numbers in this catalog.

Admission Requirements
To be eligible for admission to the MBA program, an applicant must submit the following file containing:

  • The official GMAT exam score
  • Official transcript from his university of origin and the overlall GPA
  • The application form
  • The CV showing work experience if any
  • Two recent photographs
  • Reference letters

Eligibility for Admission
A composite score, consisting of weighted criteria, will be used to determine the eligibility of graduate applicants. Applicants to the MBA program could be:

  • Admitted
  • Admitted on probation, which means that after completing 12 credits the student should obtain a minimum cumulative GPA of 3.0/4.0, otherwise he/she will be dismissed from the program.

Applicants may be required to take up to four preparatory course(s) in which the student got a grade of C or below during his/her undergraduate studies. The student should obtain a minimum grade of B in each preparatory course before he/she can pursue the MBA studies.

  • Admitted as a special student, the student will be given four preparatory courses. The student should pass the preparatory courses with a minimum grade of B in each, otherwise he/she will not be accepted to the MBA program.

If accepted, the student should obtain a minimum cumulative GPA of 3.0/4.0 upon completing 12 credits, otherwise he/she will be dismissed from the program.

None BBA holders are assigend up to four preparatory courses. The student should obtain a minimum grade of B in each preparatory course before he/she can pursue the MBA studies.

The MBApreparatory courses are:

ACO 500 Fundamentals of Financial Accounting
BAM 500 Fundamentals of Managementand Marketing
BAF 500 Fundamentals of Financial Management
ECN 500 Fundamentals of Micro and Macro Economics

Applicants from institutions where English is not the language of instruction, a minimum of 600 in the English Entrance Test is required .

Registration Procedure
For registration procedure to the graduate program, see corresponding pages in this catalog.

Graduate Degrees
Starting with Fall 2010, candidates for the MBAdegree can pursue an MBA with a concentration in the following areas: Financeand Economics, Managementand Marketing, Human ResourcesManagement, Project and Operations Management. For the non-thesis option, the student should complete 36 semester hours of regular course work plus a 3-credit research project. For the thesis option, the student should complete 33 semester hours of regular course work plus a six-credit thesis.
The details of the graduate degree curricula are given below.

Academic Rules and Regulations
For complete and detailed information regarding academic rules and regulationsof the graduate degree programs, students should refer to corresponding pages in this catalog. The following additions and amendments pertain to the Faculty of Business Administrationand Economics.
It is the responsibility of the graduate student to read and observe the academic rules and regulationsset by the University and the Faculty. Ignorance of a rule or a regulation is not a justification for not applying that rule.

Course Load
The maximum course load for a full-time student is 12 credits per semester and 3 credits for a part-time student.

Academic Advisor
Each graduate student shall be assigned an academic advisor to assist him/her in the preparation of the plan of study and in selecting a supervisor for his/her thesis or research project. However, it is the student’s ultimate responsibility to ensure that all graduation requirements are met.

Repeating Graduate Courses
A graduate course may be repeated only once. In the calculation of the student’s cumulative GPA, only the last grade is considered.

Dismissal from the Graduate Program
A graduate student will be dismissed from the program for one of the following reasons:

  • Failure to remove probation within two consecutive semesters after being placed on probation.
  • Getting two “F”s or three grades below “B”.
  • Failing the research project or the thesis defense twice.

The Faculty of Business Administration and Economics is a member of AACSB International – The Association to Advance Collegiate Schools of Business.http://www.aacsb.edu/about