Sabanci University Faculty of Management, which opened its doors only in the fall of 1999 to its students, is a newly established institution, therefore so is the SU-MBA Program. Benefiting from being a relatively fresh program SU-MBA had the latest of information about the business world and comparative insights from other MBA programs, of which the number is quite large in the current market. The aim of this paper is to (1) compare and contrast the ontological and epistemological assumptions, (2) amount of experiential learning and (3) job opportunities created of the current and designed SU-MBA Program, also (4) to understand how it has positioned itself with other MBA programs.
A lot of effort was put into the design process of the Sabanci University in general and of the MBA program in particular to actually make it compatible with the pre-determined teaching and research philosophy; "creating and developing together". The question was how to shape, what had to be taught, the ontological basis, and the way it had to be taught, the epistemological basis of the whole program.
The ontological basis of the program, as can be understood from Oral (2005), was not to understand what managers do but learn how management works within the business context. So not only managers nor businesses were the core element of the ontological assumption but the whole business world. The business world can be visualized from two dimensions; one from the perspective of the business environment and the other from the perspective of the company in it. As Mintzberg (2003) explains the toughness behind creating a MBA program; "organizations are complex phenomena, it is hard to create managers out of people who never managed anything", it can be seen that the ontological assumptions lying behind an MBA program should rely on materials of thought. That is exactly what was achieved during the Search Conference. Although very important the search conference was instrumental only in drafting a university philosophy in very general terms. The ontological basis for the MBA program was framed later. What are the factors shaping the business environment today? The three main subjects specified by Oral (2005) were Globalization, Competition and Business Networking all of which were included under the title "context-related subjects of management". Today, it probably would not be wrong to add another subject to the three above, that is Innovation. Innovation was included in "activity management" process through the creative function of meaning management.
An MBA degree is an advanced business degree that can open many doors in the workplace. It can lead to careers in management, finance, human resources and operations. Many people are under the assumption that a business education is necessary in order to pursue this type of advanced degree. If you studied liberal arts and are interested in obtaining an MBA to help further your career, read on for tips on how to leverage your education and work experience to gain acceptance into an MBA program. Can
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