Business Administration

Business School

Business Administration

The School of Business Administration at Georgian American University (GAU) offers four undergraduate programs, providing applicants the opportunity to select their preferred language of instruction and program duration.

GAU offers both four-year and three-year Business Administration programs in Georgian and English. Specifically:

These programs are unique in Georgia’s higher education landscape!

The programs combine Business Administration with Data Science, equipping students with the knowledge to effectively solve a wide range of practical tasks.

The programs are structured as follows:

The curriculum is divided into two parts: mandatory and elective courses. After completing the mandatory courses, students are free to choose elective subjects from various disciplines, such as:

  • Finance
  • Management
  • Marketing
  • Accounting and Auditing

Additionally, GAU's School of Business has been accredited by the world's most influential professional accounting association, ACCA (Association of Chartered Certified Accountants), in the following four subjects:

Business Administration (Georgian, 240 Credits)

In accordance with Georgian legislation, a person may be enrolled on a Bachelor’s Program in Business Administration based on the results of the Unified National Entry Examinations and on the results of an exam in the English Language (taken at Unified National Entry Examinations) with the gross points of no less than 40%.

Enrollment of students in the Bachelor’s program in Business Administration without having taken Unified National Entry Examinations is only possible in exceptional cases that are permitted by Georgian legislation. A person wishing to be enrolled in the program without Unified National Entry Examinations must produce a B1 level certificate in the English Language.

The entrants who have completed English-medium education in high schools are exempt from the requirement to produce such a certificate.


Business Administration (English, 240 Credits)

In accordance with Georgian legislation, a person may be enrolled on a Bachelor’s Program in Business Administration based on the results of the Unified National Entry Examinations and on the results of an exam in the English Language (taken at Unified National Entry Examinations) with the gross points of no less than 70%.

Enrollment of students in the Bachelor’s program in Business Administration without having taken Unified National Entry Examinations is only possible in exceptional cases that are permitted by Georgian legislation. A person wishing to be enrolled in the program without Unified National Entry Examinations must produce a B1 level certificate of the English Language.

The entrants who have completed English-medium education in high schools are exempt from the requirement to produce such a certificate.


Business Administration (Georgian, 180 Credits)

In accordance with Georgian legislation, a person may be enrolled on a Bachelor’s Program in Business Administration based on the results of the Unified National Entry Examinations and on the results of an exam in the English Language (taken at Unified National Entry Examinations) with the gross points of no less than 40%.

Enrollment of students in the Bachelor’s program in Business Administration without having taken Unified National Entry Examinations is only possible in exceptional cases that are permitted by Georgian legislation. A person wishing to be enrolled in the program without Unified National Entry Examinations must produce a B1 level certificate of the English Language.

The entrants who have completed English-medium education in high schools are exempt from the requirement to produce such a certificate.


Business Administration (English, 180 Credits)

In accordance with Georgian legislation, a person may be enrolled on a Bachelor’s Program in Business Administration based on the results of the Unified National Entry Examinations and on the results of an exam in the English Language (taken at Unified National Entry Examinations) with the gross points of no less than 40%.

Enrollment of students in the Bachelor’s program in Business Administration without having taken Unified National Entry Examinations is only possible in exceptional cases that are permitted by Georgian legislation. A person wishing to be enrolled in the program without Unified National Entry Examinations must produce a B1 level certificate of the English Language.

The entrants who have completed English-medium education in high schools are exempt from the requirement to produce such a certificate.


Students can be enrolled in the GAU BBA Program through the mobility program twice a year, within the timeframe established by the Ministry of Education and Science of Georgia, in compliance with mandatory procedures and fixed rules established by the University. See mobility terms and procedure.

Accredited foreign higher educational institution students can be enrolled in the GAU BBA Program on the basis of the order issued by the Minister of Education and Science of Georgia.

International Students see the link.

The students can earn/accumulate credits only in case of successful completion of the work described in the course syllabuses, after receiving a positive assessment.

The maximum grade per academic course is 100 points.

Positive assessments:
(A) Excellent – 91 points and up;
(B) Very good – 81-90 points of the maximum assessment;
(C) Good – 71-80 points of the maximum assessment;
(D) Satisfactory – 61-70 points of the maximum assessment;
(E) Enough – 51-60 points of the maximum.

Negative assessments:
(FX) Didn’t pass – 41-50 points of the maximum assessments;
(F) Fail – 40 points or less of the maximum assessment.

Students with grade FX have the right to retake the final exam;
Students with grade F must retake the course.

The student’s assessment takes place during the entire academic semester. Consequently, the student’s final assessment is the sum of interim assessments and final exam results.

Final examination maximum score is 40 of the total 100 points; the remaining 60 points are distributed according to interim assessments.

Only the students who have earned the minimal number of 25 points during the semester through interim assessments are allowed to take the final exam.

Students who do not have a compulsory minimum score (25) will not be admitted to the final examination. The minimum mandatory score for the final exam is 16.

In order to determine the student's final rating and to encourage them to study well, the cumulative score, Grade Point Average* (GPA) is calculated at the end of the academic process (grade point average is also calculated at the end of each semester). 

* Grade point average (GPA) is calculated as follows: 
The points accumulated by the student in each course are multiplied by the number of credits for the specific course and then the total sum of these numbers is divided by the number of credits earned by the student.*

Business Administration (Georgian, 240 Credits)

The Bachelor’s Program of Business Administration is based on ECTS system. A student must accumulate 240 (ECTS) credits within the framework of the education program in order to be conferred the qualification of Bachelor in Business Administration.

Bachelor’s Program in Business Administration consists of the mandatory courses (core components) relevant to the major study sphere and the free components.

The duration of the study on the Bachelor’s Level of Business Administration is 4 years, 8 semesters.

A student accumulates 60 credits during an academic year, i.e. 30 credits during a semester, although based on the individual workload of a student, the number of credits per annum can be more or less than 60, but no more than 75 (ECTS).

  • A student accumulates 138 credits from the core courses relevant to the major study sphere. 
  • A student accumulates 36 credits from the elective components relevant to the major study sphere. 
  • Practical component (elective) - 6 credits: Out of 36 credits from the elective components of the major study sphere, a student can use 6 credits for practical component.

A student will accomplish a practical component of the study program at the institutions, organizations or companies with whom the University or the Business School have signed a memorandum/agreement of cooperation.

  • Bachelor’s Thesis (elective) – 12 credits: A student can accumulate 12 credits out of 36 credits of elective courses relevant to the major study phere by writing a Bachelor’s thesis.
  • A student accumulates 48 credits in the free components of the major study courses. 
  • A student accumulates 18 credits through the elective courses of the free component (any course from another Bachelor’s program at the university, practical or research component).

Instead of electives of free components, a student can earn 18 free credits from any offered elective courses from the educational program of School of Business (major study sphere, free component) or from any other academic program of the equal level at Georgian-American University; from the academic educational program of equivalent level at any other accredited higher educational institution of Georgia or from the academic educational program of equivalent level at a foreign higher educational institution, if these credits are approved by Georgian legislation.

Language of instruction: Georgian


Business Administration (English, 240 Credits)

Bachelor’s Program of Business Administration is based on ECTS system. A student must accumulate 240 (ECTS) credits within the framework of the education program in order to be conferred the qualification of Bachelor in Business Administration. 

Bachelor’s Program in Business Administration consists of the mandatory courses (core components) relevant to the major study sphere and of the free components.

The duration of the study on the Bachelor’s Level of Business Administration is 4 years, 8 semesters.

A student accumulates 60 credits during an academic year, i.e. 30 credits during a semester, although based on the individual workload of a student, the number of credits per annum can be more or less than 60, but no more than 75 (ECTS).

  • A student accumulates 138 credits from the core courses relevant to the major study sphere. 
  • A student accumulates 36 credits from the elective components relevant to the major study sphere. 
  • Practical component (elective) - 6 credits: Out of 36 credits from the elective components of the major study sphere, a student can use 6 credits for practical component.

A student will accomplish a practical component of the study program at the institutions, organizations or companies with whom the University or the Business School have signed a memorandum/agreement of cooperation.

  • Bachelor’s Thesis (elective) – 12 credits: A student can accumulate 12 credits out of 36 credits of elective courses relevant to the major study phere by writing a Bachelor’s thesis.
  • A student accumulates 48 credits in the free components of the major study courses. 
  • A student accumulates 18 credits through the elective courses of the free component (any course from another Bachelor’s program at the university, practical or research component).

Instead of electives of free components, a student can earn 18 free credits from any offered elective courses from the educational program of School of Business (major study sphere, free component) or from any other academic program of the equal level at Georgian-American University; from the academic educational program of equivalent level at any other accredited higher educational institution of Georgia or from the academic educational program of equivalent level at a foreign higher educational institution, if these credits are approved by Georgian legislation.

Language of instruction: English


Business Administration (Georgian, 180 Credits)

Bachelor’s Program of Business Administration is based on ECTS system. A student must accumulate 180 (ECTS) credits within the framework of the education program in order to be conferred the qualification of Bachelor in Business Administration.
Bachelor’s Program in Business Administration consists of the mandatory courses (core components) relevant to the major study sphere and of the free components.
The duration of the study on the Bachelor’s Level of Business Administration is 3 years, 6 semesters.
A student accumulates 60 credits during an academic year, i.e. 30 credits during a semester, although based on the individual workload of a student, the number of credits per annum can be more or less than 60, but no more than 75 (ECTS).

  • A student accumulates 120 credits from the core courses relevant to the major study sphere. 
  • A student accumulates 30 credits in the free components of the major study courses. 
  • A student accumulates 30 credits from the elective components relevant to the major study sphere. 
  • Practical component (elective) - 6 credits: Out of 36 credits from the elective components of the major study sphere, a student can use 6 credits for practical component.

A student will accomplish a practical component of the study program at the institutions, organizations or companies with whom the University or the Business School have signed a memorandum/agreement of cooperation.

  • Bachelor’s Thesis (elective) – 12 credits: A student can accumulate 12 credits out of 36 credits of elective courses relevant to the major study phere by writing a Bachelor’s thesis.
  • A student accumulates 12 credits through the elective courses of the free component (any course from another Bachelor’s program at the university, practical or research component).

Instead of electives of free components, a student can earn 12 free credits from any offered elective courses from the educational program of School of Business (major study sphere, free component) or from any other academic program of the equal level at Georgian-American University; from the academic educational program of equivalent level at any other accredited higher educational institution of Georgia or from the academic educational program of equivalent level at a foreign higher educational institution, if these credits are approved by Georgian legislation.

Language of instruction: Georgian


Business Administration (English, 180 Credits)

Bachelor’s Program of Business Administration is based on ECTS system. A student must accumulate 180 (ECTS) credits within the framework of the education program in order to be conferred the qualification of Bachelor in Business Administration.
Bachelor’s Program in Business Administration consists of the mandatory courses (core components) relevant to the major study sphere and of the free components.
The duration of the study on the Bachelor’s Level of Business Administration is 3 years, 6 semesters.
A student accumulates 60 credits during an academic year, i.e. 30 credits during a semester, although based on the individual workload of a student, the number of credits per annum can be more or less than 60, but no more than 75 (ECTS).

  • A student accumulates 120 credits from the core courses relevant to the major study sphere. 
  • A student accumulates 30 credits in the free components of the major study courses. 
  • A student accumulates 30 credits from the elective components relevant to the major study sphere. 
  • Practical component (elective) - 6 credits: Out of 36 credits from the elective components of the major study sphere, a student can use 6 credits for practical component.

A student will accomplish a practical component of the study program at the institutions, organizations or companies with whom the University or the Business School have signed a memorandum/agreement of cooperation.

  • Bachelor’s Thesis (elective) – 12 credits: A student can accumulate 12 credits out of 36 credits of elective courses relevant to the major study phere by writing a Bachelor’s thesis.
  • A student accumulates 12 credits through the elective courses of the free component (any course from another Bachelor’s program at the university, practical or research component).

Instead of electives of free components, a student can earn 12 free credits from any offered elective courses from the educational program of School of Business (major study sphere, free component) or from any other academic program of the equal level at Georgian-American University; from the academic educational program of equivalent level at any other accredited higher educational institution of Georgia or from the academic educational program of equivalent level at a foreign higher educational institution, if these credits are approved by Georgian legislation.

Language of instruction: English

Please find the curriculum for the Bachelor's programs in Business Administration in the attached file.

Tuition Fee 

An annual tuition fee of the GAU Business Administration Bachelor's Degree Program is 3,600* GEL. Payments are made twice a year, with equal parts, before the beginning of each semester.

See the link for the tuition fee of non-resident students.

*The annual tuition fee for the students with state grants is the amount left after state grant is subtracted from 3,600 GEL*


Scholarships

1. TOP GRANT - Full Scholarship

Applicants who make it to the Top 1000 in the overall Bachelor's Exam Scores and choose Georgian American University will have their bachelor's studies fully funded at GAU - 240 credits (in case of re-election and /or additional selection of any subject, the student will have to pay the respective credits Cost).

2. Financial support based on Grade Point Average (GPA):
GAU students once they have completed their first semester are eligible to receive a discount based on GPA calculated at the end of each semester. The discount applies to their next semester tuition fee.

3. Special financial support:
If there are two family members studying at GAU at the same time, a discount of 20% is applied to each student.

* In case of certain overlaps or nonstandard situations, consider the following guidelines:
  • All these Scholarships are calculated as follows: The State Grant amount is subtracted from the total tuition fee, and the discount is then applied to the remaining amount;
  • If the student qualifies for several discounts (except for a discount based on GPA), only one discount is applied (the highest);
  • If the student with state grant qualifies for several internal discounts (including discount based on GPA), two discounts are applied. For example, if the student qualifies for 50% discount based on GPA, and 20% family member discount, state grant amount is subtracted from the total tuition fee and both internal discounts are applied to the remaining amount;
  • Percentage discounts are applied only to the principal annual tuition fee and not to the additionally selected subjects;
  • In case there are two family members qualifying for GAU family member discount, and one of them has to pay basic annual tuition fee, and the other student has to pay for an additionally selected subject, the 20% discount applies to the first student only;
  • In case one family member has a discount of more than 20%, the other student receives only the 20% family member discount;
  • If the student qualifies for several discounts, including fixed amount discounts, fixed amount discount is applied before the percentage discount.*


Tuition Fee for 2024-2025 Academic Year

An annual tuition fee of the GAU MBA Program is 3,900* GEL. Payments are made twice a year, with equal parts, before the beginning of each semester.

See the link for the tuition fee of non-resident students.

*The annual tuition fee for the students with state grants is the amount left after state grant is subtracted from 3,900 GEL*


Scholarships 


Special financial support:
If there are two family members studying at GAU at the same time, a discount of 20% is applied to each student.

* In case of certain overlaps or nonstandard situations, consider the following guidelines:
  • All these Scholarships are calculated as follows: The State Grant amount is subtracted from the total tuition fee, and the discount is then applied to the remaining amount;
  • If the student qualifies for several discounts (except for a discount based on GPA), only one discount is applied (the highest);
  • Percentage discounts are applied only to the principal annual tuition fee and not to the additionally selected subjects;
  • In case there are two family members qualifying for GAU family member discount, and one of them has to pay basic annual tuition fee, and the other student has to pay for an additionally selected subject, the 20% discount applies to the first student only;
  • In case one family member has a discount of more than 20%, the other student receives only the 20% family member discount.*

Tuition Fee for the 2024-2025 Academic Year

The annual tuition fee of the GAU Business Administration PhD Program is 5,000 GEL. 


Scholarships for the 2024-2025 Academic Year

1. Financial support for GAU Graduates:
If you are a GAU graduate, in case of enrollment in the Doctoral Program you will receive a GAU grant of 20% during the entire study period.

2. Funding for GAU employees:
50% funding is available for the staff employed in GAU, for the entire period of studying.

3. Funding for GAU professors:
There is a 20% funding for GAU professors for the entire period of study.

4. Special financial support:
If two family members are studying at GAU at the same time, a discount of 20% is applied to each student.

* In case of certain overlaps or nonstandard situations, consider the following guidelines:
  • All these Scholarships are calculated as follows: If the student qualifies for several discounts, only one discount is applied (the highest);
  • Percentage discounts are applied only to the principal annual tuition fee and not to the additionally selected subjects;
  • In case there are two family members qualifying for the GAU family member discount, and one of them has to pay basic annual tuition fee, and the other student has to pay for an additionally selected subject, the 20% discount applies to the first student only;
  • In case one family member has a discount of more than 20%, the other student receives only the 20% family member discount.*


Business Administration (Georgian, 120 credits);

A person holding a bachelor’s degree or equivalent may be enrolled on a Master’s program based on the results of Unified Master’s Examinations, on the results of the internal university test in a foreign language (English) and on the interview in the specialty. A person wishing to be enrolled on the master’s program in business administration must pass B2 level test in a foreign language (English). A person holding a B2 level English-language certificate or having completed English-medium education at the previous level academic program is exempt from such a test.


Business Administration (English, 120 credits);

A person holding a bachelor’s degree or equivalent may be enrolled on a Master’s program based on the results of Unified Master’s Examinations, on the results of the internal university test in a foreign language (English) and on the interview in the specialty. A person wishing to be enrolled on the master’s program in business administration must pass B2 level test in a foreign language (English). A person holding a B2 level English-language certificate or having completed English-medium education at the previous level academic program is exempt from such a test.


Business Administration (EMBA) (Georgian, 60 credits);

A person holding a bachelor’s degree or equivalent may be enrolled on a Master’s program based on the results of Unified Master’s Examinations, on the results of the internal university test in a foreign language (English, student should have at least 70%) and on the interview in the specialty. A person wishing to be enrolled on the master’s program in business administration must pass B2 level test in a foreign language (English). A person holding a B2 level English-language certificate or having completed English-medium education at the previous level academic program is exempt from such a test. A graduate of this program will not be eligible to continue studies at the doctoral level.


Business Administration (EMBA) (English, 60 credits).

A person holding a bachelor’s degree or equivalent may be enrolled on a Master’s program based on the results of Unified Master’s Examinations, on the results of the internal university test in a foreign language (English, student should have at least 70%) and on the interview in the specialty. A person wishing to be enrolled on the master’s program in business administration must pass B2 level test in a foreign language (English). A person holding a B2 level English-language certificate or having completed English-medium education at the previous level academic program is exempt from such a test. A graduate of this program will not be eligible to continue studies at the doctoral level.

The students can earn/accumulate credits only in case of successful completion of the work described in the course syllabuses, after receiving a positive assessment.

The maximum grade per academic course is 100 points.

Positive assessments:
(A) Excellent – 91 points and up;
(B) Very good – 81-90 points of the maximum assessment;
(C) Good – 71-80 points of the maximum assessment;
(D) Satisfactory – 61-70 points of the maximum assessment;
(E) Enough – 51-60 points of the maximum.

Negative assessments:
(FX) Didn’t pass – 41-50 points of the maximum assessments;
(F) Fail – 40 points or less of the maximum assessment.

Students with grade FX have the right to retake the final exam;
Students with grade F must retake the course.

The student’s assessment takes place during the entire academic semester. Consequently, the student’s final assessment is the sum of interim assessments and final exam results.

Final examination maximum score is 40 of the total 100 points; the remaining 60 points are distributed according to interim assessments.

Only the students who have earned the minimal number of 25 points during the semester through interim assessments are allowed to take the final exam.

Students who do not have a compulsory minimum score (25) will not be admitted to the final examination. The minimum mandatory score for the final exam is 16.

The Master's thesis is assessed by the course evaluation system.

In order to determine the student's final rating and to encourage them to study well, the cumulative score, Grade Point Average* (GPA) is calculated at the end of the academic process (grade point average is also calculated at the end of each semester). 

* Grade point average (GPA) is calculated as follows: 
The points accumulated by the student in each course are multiplied by the number of credits for the specific course and then the total sum of these numbers is divided by the number of credits earned by the student.*

Starting in 2024, there is an exciting development in GAU's Business Administration program!

GAU’s School of Business Administration has introduced three new master's level programs, allowing applicants to select their preferred language of instruction and program duration.

GAU offers both two-year and one-year Business Administration programs in Georgian and English, specifically:


Business Administration (Georgian, 120 credits);

Business Administration (English, 120 credits);

Business Administration (EMBA) (Georgian, 60 credits);

Business Administration (EMBA) (English, 60 credits).


These programs are unique in Georgia's university landscape!

The programs integrate business administration with data science, providing students with the knowledge to effectively solve a wide range of practical challenges.

Program implementation is structured as follows:

The programs are divided into two parts: core and elective courses.

After completing the core courses, students are free to select elective subjects from any of the following areas:

  • Finance
  • Management
  • Marketing
  • Data Analysis

Upon completion of the program, students will be equipped with the following skills:

  • Recognition and systematization of acquired knowledge and experience
  • Application and implementation of theoretical knowledge in practice
  • Problem identification, evaluation of alternatives, and decision-making
  • Effective communication
  • Lifelong learning

GAU's Master’s program in Business Administration is primarily designed for individuals who:

  • Are working in the private or public sector and seek career advancement;
  • Own or plan to start their own business and are interested in acquiring specialized knowledge;
  • Want to change their profession.

The School offers students the opportunity to choose and focus on one of the following three specializations:

  • Management
  • Marketing
  • Finance
  • Data Analysis

For detailed descriptions of the programs, please refer to the attached file.

Business Administration, Master’s Degree (120 credits);

The Program of Business Administration consists of 120 credits.

The Based on the individual workload of a student, the number of credits per annum can be more or less than 60, but no more than 75 (ECTS).

Master’s Program in Business Administration consists of the following components: study, practical, research and free.

The study component is the compilation of study elements that are aimed at the field-specific professionalization of a student, and at his/her preparation for carrying out practical assignments.

A student must accumulate 90 credits in the study component of the program – wherein 60 credits are allotted to the mandatory major field-related courses, and 20 credits are allotted to the elective field-related courses. Free 10 credits can be accumulated from the educational program of the School of Business or any other electives offered by an academic program of the equal level at Georgian-American University; from the academic educational program of equivalent level at any other accredited higher educational institution of Georgia or from the academic educational program of equivalent level at a foreign higher educational institution, if these credits are approved by Georgian legislation.

A student must accumulate 10 credits in practical component:

A student must enroll in a practicum, if he/she is unemployed. He/she can accomplish a practical component of the study program at the institutions, organizations or companies with whom the University or the Business School have signed a memorandum/agreement of cooperation. If a student is employed in the field-related sphere, he/she must produce a certificate from a workplace giving a detailed description of the position held and duties performed. If a studentis exempt from practical work, he/she has to choose a course from the offered electives and accumulate 10 credits.

A student must accumulate 20 credits in the research component of the program: 

A student may embark on a master’s thesis work, if he/she has completed all the mandatory study courses defined by the program and has accumulated 70 or more credits.

The research topic of Master’s thesis must involve the study of business problems existent in the firms and organizations of Georgia or other countries; it should consider the regulations of Georgian business, the adaptation of foreign regulations and other relevant issues. It must be based on authentic data analysis that will prepare a student for work in the business sphere.

Detailed information on the research component is provided in the regulation of the Master’s program of Business School.

Language of Instruction: Georgian

 

Business Administration in English, Master’s Degree (120 credits);

The Program of Business Administration consists of 120 credits.

Based on the individual workload of a student, the number of credits per annum can be more or less than 60, but no more than 75 (ECTS).

Master’s Program in Business Administration consists of the following components: study, practical, research and free.

The study component is the compilation of study elements that are aimed at field-specific professionalization of a student, and at his/her preparation for carrying out practical assignments.

A student must accumulate 90 credits in the study component of the program – wherein 60 credits are allotted to the mandatory major field-related courses, and 20 credits are allotted to the elective field-related courses. Free 10 credits can be accumulated from the educational program of School of Business or from any other electives offered by an academic program of the equal level at Georgian-American University; from the academic educational program of equivalent level at any other accredited higher educational institution of Georgia or from the academic educational program of equivalent level at a foreign higher educational institution, if these credits are approved by Georgian legislation.

A student must accumulate 10 credits in practical component:

A student must enroll in a practicum, if he/she is unemployed. He/she can accomplish a practical component of the study program at the institutions, organizations or companies with whom the University or the Business School have signed a memorandum/agreement of cooperation. If a student is employed in the field-related sphere, he/she must produce a certificate from a workplace giving a detailed description of the position held and duties performed. If a student is exempt from practical work, he/she has to choose a course from the offered electives and accumulate 10 credits.

A student must accumulate 20 credits in the research component of the program: 

A student may embark on a master’s thesis work, if he/she has completed all the mandatory study courses defined by the program and has accumulated 70 or more credits.

The research topic of Master’s thesis must involve the study of business problems existent in the firms and organizations of Georgia or other countries; it should consider the regulations of Georgian business, the adaptation of foreign regulations and other relevant issues. It must be based on authentic data analysis that will prepare a student for work in the business sphere.

Detailed information on the research component is provided in the regulation of the Master’s program of Business School.

Language of Instruction: English


Business Administration (EMBA), Master’s Degree (60 credits);

The Program of Business Administration consists of 60 credits.

Based on the individual workload of a student, the number of credits per annum can be more or less than 60.

Master’s Program in Business Administration consists of the following components: study, practical and research.

The study component is the compilation of study elements that are aimed at field-specific professionalization of a student, and at his/her preparation for carrying out practical assignments.

A student must accumulate 40 credits in the study component of the program – wherein 30 credits are allotted to the mandatory major field-related courses, and 10 credits are allotted to the elective field-related courses.

A student must accumulate 20 credits in the research component of the program: 

A student may embark on a master’s thesis work, if he/she has completed all the mandatory study courses defined by the program and has accumulated 30 or more credits.

The research topic of Master’s thesis must involve the study of business problems existent in the firms and organizations of Georgia or other countries; it should consider the regulations of Georgian business, the adaptation of foreign regulations and other relevant issues. It must be based on authentic data analysis that will prepare a student for work in the business sphere.

Detailed information on the research component is provided in the regulation of the Master’s program of Business School.

Language of Instruction: Georgia


Business Administration (EMBA) (English, 60 credits);

The Program of Business Administration consists of 60 credits.

Based on the individual workload of a student, the number of credits per annum can be more or less than 60.

Master’s Program in Business Administration consists of the following components: study, practical and research.

The study component is the compilation of study elements that are aimed at field-specific professionalization of a student, and at his/her preparation for carrying out practical assignments.

A student must accumulate 40 credits in the study component of the program – wherein 30 credits are allotted to the mandatory major field-related courses, and 10 credits are allotted to the elective field-related courses.

A student must accumulate 20 credits in the research component of the program: 

A student may embark on a master’s thesis work, if he/she has completed all the mandatory study courses defined by the program and has accumulated 30 or more credits.

The research topic of Master’s thesis must involve the study of business problems existent in the firms and organizations of Georgia or other countries; it should consider the regulations of Georgian business, the adaptation of foreign regulations and other relevant issues. It must be based on authentic data analysis that will prepare a student for work in the business sphere.

Detailed information on the research component is provided in the regulation of the Master’s program of Business School.

Language of Instruction: English


find the curriculum for the Bachelor's programs in Business Administration in the attached file.


For more information please contact us:


Maria Arkania

Maria Arkania

Business School

Academic Process Manager

Bachelor's Degree Programs

(+995) 574 735 573
(+995 32) 220 65 20 (207)
mariaarkania@gau.edu.ge
Veriko Japaridze

Veriko Japaridze

Business School

Head of Academic Process Management Office

Bachelor's Degree Programs

(+995) 599 902 567
(+995 32) 220 65 20 (204)
verikojaparidze@gau.edu.ge

For more information please contact us:


Dinara Skhulukhia

Dinara Skhulukhia

Business School

Academic Process Manager

Master's Degree and Phd Programs

(+995) 599 291 951
(+995 32) 220 65 20 (203)
dina@gau.edu.ge

For more information please contact us:


Dinara Skhulukhia

Dinara Skhulukhia

Business School

Academic Process Manager

Master's Degree and Phd Programs

(+995) 599 291 951
(+995 32) 220 65 20 (203)
dina@gau.edu.ge

PhD Program students can earn/accumulate credits only in the case of successful completion of the work described in the course syllabus, after receiving a positive assessment.

The maximum grade per academic course is 100 points.

Positive assessments:
(A) Excellent – 91 points and up;
(B) Very good – 81-90 points of the maximum assessment;
(C) Good – 71-80 points of the maximum assessment;
(D) Satisfactory – 61-70 points of the maximum assessment;
(E) Enough – 51-60 points of the maximum.

Negative assessments:
(FX) Didn’t pass – 41-50 points of the maximum assessments;
(F) Fail – 40 points or less of the maximum assessment;

Students with grade FX have the right to retake the final exam;
Students with grade F must retake the course.

The student’s assessment takes place during the whole academic semester. Consequently, the student’s final assessment is the sum of interim assessments and final exam results.

The maximum score for final examination is 40; the remaining 60 points are distributed according to interim assessments.

Only the students who have earned the minimal number of 25 points during the semester through interim assessments are allowed to take the final exam.

Students who do not have a compulsory minimum score (25) will not be admitted to the final examination. The minimum mandatory score for the final exam is 16.

The dissertation assessment is carried out after completion by the PhD student, in the same or next semester. The thesis is assessed only once (final assessment).

The doctoral dissertation is assessed according to the following system:

Positive assessments:
Excellent (summa cum laude) – remarkable, outstanding work;
Very good (magna cum laude) – the result that exceeds all the requirements in every way;
Good (cum laude) – the result exceeds the requirements;
Average (bene) – medium-level work that satisfies the basic requirements;
Satisfactory (rite) – the result, which, despite the errors and gaps, still meets the basic requirements.

Negative assessments:
Insufficient – unsatisfactory level work that fails to meet requirements due to significant shortcomings;
Completely insufficient (sub omni canone) – the result which doesn’t meet requirements.

In the event of receiving one of the positive assessments PhD student is awarded academic doctoral degree.

If the dissertation paper receives/gets an “insufficient” grade, the student has the right to submit the revised dissertation paper. In case of “completely insufficient” (sub omnicanone) assessment, the student loses the right to present the revised thesis.

Business Administration PhD students have an opportunity to conduct scientific research and pedagogic activities in business direction under the supervision of highly qualified international personnel with comparative and interdisciplinary skills.

Business School facilitates implementation of scientific projects and establishment of research centers (institutions) in order to encourage research initiatives of its own academic personnel and doctoral graduates.

Currently, there is a business research center functioning within the Business School. The center conducts scientific research in all directions of Business Administration, namely in Quantitative and International Finance, Portfolio Investment and Foreign Direct Investment, as well as in the Management and Marketing fields. Business modeling, stochastic methods, fuzzy sets and fuzzy logic are often used for studying these issues. Studying stock market-related issues represents a separate direction of research.


A detailed description of the program can be found in the attached file - Doctoral Program in Business Administration.

View the collection of PhD Thesis from Business School.

The standard duration of studies for the PhD program is 3 years, (2 semesters/year). 

The PhD program in Business Administration is divided into academic and scientific research components.

The academic component is a combination of academic elements, aiming at the development of students' professional and methodological skills, prepares them for the doctoral thesis and future scientific research and/or pedagogical activities.

In the academic component, students earn no more than 60 credits, from which 30 credits are compulsory and 30 credits are elective/free.

The Business Administration PhD Program includes the free component, which a student chooses from the following alternatives:

  • GAU Business School programs or other GAU educational programs of the same level;
  • Academic educational programs of the same level in other Georgian higher education institutions;
  • Academic educational programs of the same level in foreign higher education institutions, provided these credits are accepted by the Georgian legislation.


See the attached curriculum for the PhD Program in Business Administration.

Only Georgian citizens who have a Master's degree or qualification of the same level, and knowledge of foreign language (English), at least B2 level can be enrolled in the Business Administration PhD Program;

In order to establish the level of foreign language knowledge, the applicant shall be tested by the temporary faculty committee; A person who has a language certificate of the relevant level and/or has completed the second cycle academic program in foreign language (English), shall be freed from assessment testing; The applicant has an interview with GAU Business School (faculty) Dissertation Board.

Students can enroll in the Business Administration PhD Program through mobility twice a year, in compliance with Georgian American University regulations and mandatory procedures and timeframe established by the Ministry of Education, Science, Culture and Sport of Georgia. See mobility dates and procedure.

International Students see the link.

Collection of PhD Thesis from Business School:

1. Tamaz Uzunashvili - Real Option Valuation of the Project with Robust Mean-variance Hedging, 2013

2. Nikoloz Geguchadze - The Financial Analysis of the Organization and Assessment of Risk of its Bankruptcy, 2016

3. Irakli Chelidze - New Quantitative Method for Credit Risk Assessment, 2018

4. Nino Menabde - Research of Some Economic and Financial Indicators of Business Subject (Forecasting), 2018

5. Tsotne Kutalia - Effects of Bilateral Tariffs on Currency Exchange Rate and Characterization of Efficient Portfolios, 2020

6. Tinatin Zeragia - Managing Organizational Talent for Enhanced Performance, 2021

7. Irina Khechoshvili - Organizational Culture Role in Developing Job Involvement, 2021

8. Tamar Kvirikashvili - Organizational Triggers in Managing Service Employees Performance, 2022

9. Salome Chkheidze - Deming Cycle for the Integrated Management System in Educational Organizations, 2023

10. Hellen Kiguradze - Impact of Quality and Security Management on Human Capital Building, 2023

11. David Papuashvili - Cyber Risk and Internal Control Mechanisms in the Financial System, 2023

12. Salome Kekelidze - Management Philosophy in Human Resource Development Programs, 2023

13. Ketevan Kiguradze - Symbolic Aspects of Leadership Power in Developing High Performance Workplace, 2023

14. Nino Pantsulaia - Factors Contributing to the Development of Intellectual Capital in Higher Educational Institutions Implementing International Programs, 2024

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