Executive Master in Business Administration

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Course ID
EMBA
Cycles
1 years
Credits
60
Semesters
2

Executive Master in Business Administration (EMBA) at Western Balkans University is a prestigious executive-level program designed for experienced professionals, managers, entrepreneurs, and public-sector leaders who aspire to strengthen their strategic leadership capabilities and accelerate their professional growth. The program combines advanced business knowledge with practical application, enabling participants to address complex organizational challenges, drive innovation, and lead transformation in an increasingly dynamic and competitive global environment. Unlike traditional master's programs, the EMBA is specifically designed for professionals who continue their careers while studying, allowing them to immediately apply acquired knowledge and skills within their organizations. 

The program offers two specializations: Leadership and Entrepreneurship & Innovation. Each track is designed to meet current labor market demands and develop experts in their respective fields.

Leadership

This specialization focuses on providing in-depth knowledge of how businesses operate and how they are led. The Leadership track develops essential leadership skills, ethical decision-making, and organizational change management, equipping professionals to lead with confidence in complex, dynamic environments.

Entrepreneurship & Innovation

This specialization prepares students to understand the challenges and opportunities that arise when launching a new business venture or leading a period of transformation within an organization. Students acquire the skills needed to thrive in a fast-evolving international business environment.

The Executive MBA prepares experienced professionals for senior leadership, executive management, entrepreneurial, and governance roles across the private, public, and non-profit sectors. Graduates are equipped to lead organizations, drive innovation, shape strategy, and manage complex transformation initiatives in national and international contexts.

Graduates of the program may pursue careers as:

  • Chief Executive Officer (CEO), leading the overall strategic direction, governance, and performance of an organization. 
  • Chief Financial Officer (CFO), overseeing corporate finance, investment strategy, risk management, and financial governance. 
  • Chief Operating Officer (COO), managing operations, organizational effectiveness, and execution of strategic objectives. 
  • Chief Technology Officer (CTO) or Chief Digital Officer (CDO), leading digital transformation, technology strategy, and innovation initiatives. 
  • Strategy Director or Corporate Development Director, formulating growth strategies, evaluating investment opportunities, and leading strategic initiatives. 
  • General Manager or Country Manager, overseeing business units, regional operations, or international subsidiaries. 
  • Innovation Director or Transformation Director, driving organizational innovation, business transformation, and change management programs. 
  • Senior Management Consultant or Consulting Partner, advising executive teams on strategy, organizational development, and performance improvement. 
  • Entrepreneur, Founder, or Startup Leader, creating, scaling, and managing innovative business ventures. 
  • Board Member or Non-Executive Director, providing strategic oversight, governance, and independent leadership at board level. 
  • Director in Public Institutions, International Organizations, or Development Agencies, leading strategy, policy implementation, governance, and institutional development. 
  • Business Development Director, identifying growth opportunities, strategic partnerships, and market expansion initiatives.

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Study Program Curriculum

Year I

Semester I

No. Subject Code Subject Course Type Language Course Group Lecture Seminar Laboratory Practice Individual Work Credit ECTS
1 MBA 101 Strategic Management Mandatory English B 30 15 0 15 90 3 6
2 MBA 103 Marketing for Managers Mandatory Englisht B 30 15 0 15 90 3 6
3 MBA 105 Managerial Economics Mandatory English A 30 15 0 15 90 3 6
4 MBA 107 Accounting and Finance Mandatory English B 30 15 0 15 90 3 6
5 MBA 109 Leadership in Organisations Mandatory English B 30 15 0 15 90 3 6

Semester II - Executive Master in Business Administration profile: Entrepreneurship and Innovation

No. Subject Code Subject Course Type Language Course Group Lecture Seminar Laboratory Practice Individual Work Credit ECTS
1 MBA 106 Innovation and Change Mandatory English B 30 15 0 15 65 3 5
2 MBA 108 Venture Capital and Entrepreneurship Mandatory English B 30 15 0 15 65 3 5
3 MBA 112 Organisational Behaviour and Human Resource Management Elective English C 15 15 0 15 55 2 4
4 MBA 104 Entrepreneurial Marketing Elective English C 15 15 0 15 55 2 4
5 MBA 120 International Corporate Finance for Managers Elective English C 15 15 0 15 55 2 4
6 MBA 122 International Financial Markets and Institutions Elective English C 15 15 0 15 55 2 4
7 MBA 132 Leadership and Management Models Elective English C 15 15 0 15 55 2 4
8 MBA 134 Leadership, Transformation and Organisational Change Elective English C 15 15 0 15 55 2 4
9 MBA 140 Research Methods Elective English C 15 15 0 15 55 2 4
10 MBA 142 Management Information Systems Elective English C 15 15 0 15 55 2 4
11 MBA 150 Diploma Thesis Mandatory English E 30 0 0 0 180 2 12

Semester II - Executive Master in Business Administration profile: Leadership

No. Subject Code Subject Course Type Language Course Group Lecture Seminar Laboratory Practice Individual Work Credit ECTS
1 MBA 132 Leadership and Management Models Mandatory English B 30 15 0 15 65 3 5
2 MBA 134 Leadership, Transformation and Organisational Change Mandatory English B 30 15 0 15 65 3 5
3 MBA 112 Organisational Behaviour and Human Resource Management Elective English C 15 15 0 15 55 2 4
4 MBA 104 Entrepreneurial Marketing Elective English C 15 15 0 15 55 2 4
5 MBA 106 Innovation and Change Elective English C 15 15 0 15 55 2 4
6 MBA 108 Venture Capital and Entrepreneurship Elective English C 15 15 0 15 55 2 4
7 MBA 120 International Corporate Finance for Managers Elective English C 15 15 0 15 55 2 4
8 MBA 122 International Financial Markets and Institutions Elective English C 15 15 0 15 55 2 4
9 MBA 140 Research Methods Elective English C 15 15 0 15 55 2 4
10 MBA 142 Management Information Systems Elective English C 15 15 0 15 55 2 4
11 MBA 150 Diploma Thesis Mandatory English E 30 0 0 0 180 2 12