Join the first-of-its-kind Double Executive MBA (EMBA)

Join the first-of-its-kind Double Executive MBA (EMBA)

offered by Northern Illinois University (NIU) - USA and the University of National and World Economy in Sofia, Bulgaria

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Advantages

Low local price

Tuition fees are three times lower in Bulgaria. To study in a prestigious EMBA American or European program, you need about 120,000 EUR, including travel and living expenses. For the first time in Bulgaria, we have a local price and local access to a prestigious EMBA program for 25,000 EUR.

Additional “Early bird enrolment” and corporate discounts are available.

Get two diplomas

Obtain US and an European Executive MBA internationally recognized qualifications.

Study and work

Join the Executive MBA combining it with your work commitments. In-person lectures will be held after 5:00 pm on weekdays and weekends.

Powerful global alumni network

Tap into the NIU Business alumni network 60,000-plus strong, exponentially increasing your global visibility and access to jobs.

Advantages

Low local price

Additional “Early bird enrolment” and corporate discounts are available.

Get two diplomas

Obtain US and an European Executive MBA internationally recognized qualifications.

Study and work

Join the Executive MBA combining it with your work commitments. In-person lectures will be held after 5:00 pm on weekdays and weekends.

Powerful global alumni network

Tap into the NIU Business alumni network 60,000-plus strong, exponentially increasing your global visibility and access to jobs.

Who is this program for

Professionals who want to:

Learn executive management skills to advance into a senior leadership position
Pivot their career to another industry or location
Switch functions within the company
Open their own company

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Benefits

Employers:

Create an organisation which thrives in an environment of change

Invest in your employees to create the next leaders of your organization.
Help your employees to reinvent themselves for the ever-more connected, digital, and entrepreneurial economy.
Retain and attract top talent in the current competitive environment.

Professionals:

Upskill to be globally competitive & future-ready.

Upgrade your knowledge on trends that matter - digital transformation, environmental and social governance (ESG), supply chain, leadership.
Become relevant in a new, global, virtual, and rapidly changing world of work.
Upgrade your professional horizons and become locally, regionally, and globally competitive.

About the program

The EMBA is identical to the EMBA program conducted in the US - the same hours and curriculum.

All students in the program are fully registered at NIU and UNWE both university’s student systems.

American lecturers will deliver the training with the help of the UNWE faculty.

All students will be part of the alumni organisations of both Universities.

The EMBA combines in-person and online modes of education. One course will be delivered each month. Each course will be organized in the following manner:

week

Online papers, quizzes and exam for the conclusion of the respective course.

week

Online exercises, meetings, presentations, and discussion boards with lecturers and other EMBA students.

week

In-person lectures are delivered on-site in the UNWE premises in Sofia.

week

Pre-course online meetings with the lecturers to receive reading, research, and self-study materials and assignments.

APPLY NOW HOW TO APPLY

Identifying, understanding, and managing individual and group behavior in organizational settings. Topics include motivation, teamwork, culture, leadership, and other concepts influencing individual, group, and organizational effectiveness.

Capstone course to develop strategic thinking skills necessary to identify strategic issues, analyze key internal and external factors influencing firm performance, develop strategic alternatives, and identify critical implementation issues. Integrates functional knowledge, behavioral and ethical concepts, and analytical tools for effectively formulating and implementing strategies and policies.

Examination of classic and emerging leadership theory, emphasizing meeting the challenges and opportunities of effective leadership. An accompanying focus is the identification of individual leadership skills and limitations, as well as the development of new skills and strategies.

Identifying, understanding, and managing the cultural components of organizations and business dynamics present in global business enterprises. Focus on strategic issues involved in international expansion, international competition, international organizational relationships, and international human resource utilization.

Study of issues related to the digital transformation of modern organizations. Emphasis on strategic thinking and alignment of information technology with business objectives. Models and techniques of strategic information management illustrated through case studies.

Acquire the new and updated thinking needed to navigate the impact of ESG on the organization.

Examination of concepts, issues, and methodologies related to the design and administration of supply chain systems. Emphasis on executive-level decision-making and the impact of supply chain management on organizational performance. Includes supply chain strategy, strategic alliances, supplier and customer relationships, use of technology, and the integration of logistical operations to attain organizational objectives in a globally competitive environment.

Study of the use of accounting information for both investors and managers for planning, decision-making, and control of organizations. Focuses on the use of accounting information for strategic decision-making in manufacturing and service organizations and those seeking a broad understanding of accounting and financial reporting as it relates to shareholders, creditors, managers, and other users of financial information.

Analysis of current and future financial position that serves as the foundation for decision-making by creditors, managers, and owners. Includes ratio analysis, sources, and uses of funds, operating and financial leverage, capital budgeting under risk and uncertainty, the cost of capital, and the financial structure. A problem-oriented course, but cases and readings may be utilized.

Analysis of the strategic marketing problems confronting managers in the evaluation of marketing opportunities, selection of target markets, development of marketing strategies, planning of marketing tactics, and implementation and control of the marketing effort.

How to apply

Admission Requirements

Successful completion of Bachelor's Degree or Master's degree in Business or its equivalent.
Proficiency in English, in an online interview with NIU representative in Bulgaria.
An undergraduate grade point average of at least 2.75 (on a 4.0 scale) or its equivalent 4.15 (on a 6.0 scale).
Apply via grad.niu.edu and submit documents on-line to UNWE. Please connect here with NIU representative in Bulgaria to guide you with theapplication process.

Documents for admission:

ADMISSION DOCUMENTS APPLICATION FORM RECOGNITION OF DIPLOMA

We prepare the leaders of tomorrow who will solve the most pressing global challenges. These are personalities with cutting-edge knowledge and competences to make great changes in their life and in our world for the better. We give the best of the U.S. and European academic experience. This is what EMBA is about and for.

Prof. Dimitar Dimitrov

Rector of UNWE

In the time of fast paced change and technological advancement the only way to be ready for the future is to upgrade your knowledge on the trends that matter.

The dual program gives you the unique opportunity to reinvent yourself or your employees for the ever more connected, digital and entrepreneurial economy.

Ani Filipova

NIU representative for Eastern Europe, Member of the MBA Board of Executive advisors, Founder "Change Advisory"

Among only 4% of Executive MBA programs worldwide with AACSB accreditation.

Ranks among the top 50 by CEO Magazine.

One of the nation’s esteemed business schools for 34 consecutive years, since 1987 - US News & World Report.

Northern Illinois University
www.niu.edu

Northern Illinois University College of Business
www.cob.niu.edu

The University of National and World Economy is one of the oldest, most prestigious, and largest University of Economics in Southeast Europe, a leader in Bulgarian higher education.

University of National and World Economy
www.unwe.bg/en/