Cairo, American University
The School of Business of The American University in Cairo is recognized as the top private Business School in Egypt and one of the top in the Arab and Africa regions ranked second in 2009 and 2010 by Eduniversal. The business programs were accredited by AACSB International in 2006 and one of only 596 (5%) business schools from around the world that are AASCB accredited out of 12,600 business schools.
The School of Business strives to create an environment that fosters the development of principled and innovative business leaders and entrepreneurs who can make a difference. The school has identified three pillars; entrepreneurship, innovation and leadership in the ways business programs are developed, improved and delivered and in the ways students are exposed to a learning experience that extends both in class and outside the classroom including business plan competitions, internships, case studies writing and student projects and activities. The AUC School of Business is committed to take the quality of the research output to the next level and is gradually becoming a research-intensive institution where faculty enhances learning through research findings and prepares students to compete in a knowledge-based global community.
The MBA program was ranked first in Africa and the Middle East by QS Top MBA in 2009. The school attracts the best students, faculty and staff and regularly opts for continuous improvement and integrating its programs and services within a global context while catering for local culture and needs.
The Department of Economics was established back in 1947 offering undergraduate and graduate degrees as well as diploma programs. Management education started in 1966 with an MA in Management (as part of the Department of Economics and Political Science). The Department of Management was established in 1972. The first undergraduate program in management was introduced in 1979 and the first Master of Business Administration (MBA) in Egypt was offered by the Department of Management in 1982. The Department of Accounting was officially established in 2009 although graduates with bachelor of accounting started as early as 1996. The School offers three undergraduate programs: the Bachelor of Economics (BEcon), the Bachelor of Accounting (BAC), the Bachelor of Business Administration (BBA) degrees and a new undergraduate program that has its roots in the BBA, a Bachelor of Business Administration in Management of Information and Communication Technology (MICT). A Master of Business Administration (MBA) program is offered at the graduate level. Masters in Economics and graduate diplomas are offered as well.
Engaging the business world at the School of Business and bridging the gap between theory and practice is well underway. Apart from the academic degree programs, several centers were established to extend the school’s reach. The 33-year-old Management Center (MC) has produced more than 125,000 graduates to date. During the past six years, the center witnessed an annual growth of 30 percent; a three-fold increase in the number of offered programs, reaching 352; and a four-fold increase in the number of enrolled candidates. At the same time, the center expanded to manage programs in 10 different markets throughout the region.
In addition, there is the Citadel Capital Financial Services Center (CFCC), which houses an instructional facility offering real-time financial data and hands-on financial services experience. Also, the International Executive Education Institute (IEEI) aims to be the leading regional platform for world class executive development and networking, by establishing partnerships with leading business schools such as Kellogg School of Management, Rotterdam School of Management, IE Spain and the National University of Singapore.
Finally, the newly established El-Khazindar Business Research and Case Center (KCC) aim to generate business case studies and offer active learning opportunities to students. The most recent addition to the school in 2010 is the Access to Knowledge for Development Center (A2K4D). The center highlights the commitment of the School of Business to development-related research. The center serves as a hub for academic scholarship and policy analysis on knowledge, technology, intellectual property and development in Egypt and the Arab world. A2K4D, a founding member of the Access to Knowledge Global Academy, has been formed in collaboration with the Information Society Project of Yale Law School. The center’s first book titled Access to Knowledge for Development in Egypt, has already been published in collaboration with Bloomsbury Academic.
In academic year 2010-2011, the size of the student body is 1,194 students; of which 236 are graduate students (20%) and 958 are undergraduate students (80%). The total number of alumni to date is 8,873 alumni; of which 1,911 (22%) are alumni of a graduate degree; 1,447 (16%) are MBA alumni and 464 (5%) are alumni of master and diploma programs in economics and 6,963 (78%) are alumni of an undergraduate degree. In terms of executive education, there are over 10,000 participants every year with over 125,000 non-degree alumni. In terms of facilities, there are 114 staff members utilizing around 4,000 m2 in two locations in AUC New Cairo Campus and AUC Downtown Campus.