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The Mission of the MBA program is to provide state-of-the-art post-graduate education in business administration to enhance the management capacities of professionals and contribute to their organizations and the public good.
The versatility and value of a master’s degree in business administration (MBA) have made it the most desired education of this century. An MBA creates a lifelong career path which guarantees every graduate of a steady and firm future.
The Mission of the MBA program is to provide state-of-the-art post-graduate education in business administration to enhance the management capacities of professionals and contribute to their organizations and the public good. The program is conducted by the FHR School of Management and Accounting in cooperation with Maastricht University School of Business and Economics (MUSBE), in the Netherlands.
Internationally Accredited Education for Every Professional:
The Foundation segment is the first block of the curriculum and covers the Finance, Economics, Accounting, Statistics and Research area.
The Core segment creates an elaborated knowledge base in each of the major management categories. This part of the program emphasizes practical education and encouragement of critical thinking and decision-making.
The Focus segment differs per intake and is composed of executive management disciplines with a focus on Management for Sustainability.
The program is then completed with a Master Thesis on a topic of students own interest but it must connect with a practical or theoretical topic in one (1) of the areas covered by the curriculum. The thesis is to be prepared under supervision of a professional coach assigned by FHR.
In line with FHR’s vision to be a center of excellence in internationally and nationally accredited postgraduate education, a diverse group of midcareer professionals with various academic and professional backgrounds is admitted to our master programs in business administration, accounting, governance, humanities and law. Each year prospective students are offered the Graduate Leveling Program (GLP) to upgrade and enhance their foundational business, accounting, human resource, governance and law knowledge and to prepare them for participation in the FHR master program of their choice.
The GLP is taught over a period of 3 to 6 months prior to the admission to the master programs. There are on-site courses that are taught by certified teachers as well as online courses from certified educational institutions. Students are guided at all times by the Academic Leveling Courses Program Manager to ensure optimal results.
The Accounting & Business Leveling Program is conducted by FHR School of Accounting & Management and consists of six (6) courses in the areas of academic skills, English, statistics, finance, economics and accounting. In order to be successful in the business and accounting master’s programs, the courses aim to equip all students with the necessary academic skills, basic technical skills, and business knowledge. The academic skills course is taught on-site by certified teachers. The English course is conducted online in cooperation with ‘Hogeschooltaal’. The business courses are also conducted online in cooperation with Peregrine Academic Services. Hogeschooltaal and Peregrine Academic Services are well-known international institutions that grant a certificate for successful completion of their courses.
| Course | Description |
|---|---|
| Academic skills | The academic skills course lies at the basis of each Master program. The necessary skills needed, are categorized as critical thinking and practical reasoning; complex problem solving; oral and written communication skills; interpersonal and team skills. These skills focus on the development and improvement of students’ basic research skills, professional knowledge, self-regulation skills and effective working practices. |
| English Proficiency | The English course improves the basic English grammar, spelling and writing skills that students need. The theory, exercises and tests are based on the Hogeschooltaal B2 and C1 level. |
| Quantitative Research Techniques and Statistics | The Quantitative research techniques and Statistics course provides a complete picture of statistical concepts and their practical applications and demonstrate how statistics methods are vital tools for modern business leaders. Students will learn about data collection and sampling, probability, sampling distribution, hypothesis testing, analysis of variance and decision analysis. These skills are aimed at accurate data-driven decision-making |
| Business Finance | This Business Finance course focuses on financial statements and cash flows, planning for growth and control, debt management, financial instruments, capital budgeting, and returns. It is very helpful to students with a non-financial or non-economic background who want to pursue an entrepreneurial career or join the Master of Business program. |
| Microeconomics | This Microeconomics course focuses on the areas of consumer choice, supply and demand, market elasticity, and production and costs. This knowledge is crucial for understanding the organizational level of businesses, companies and nonprofit entities. The course gives insight in how consumers and producers interact with each other. |
| Accounting | The Accounting course gives insight into the fundamentals of business accounting, including basic financial statement analysis, analytical measures, corporate annual reports, capital investment analysis, internal controls, budgeting, and performance measures. |
Candidates are admitted on a competitive selection basis.
In order to be eligible for admission to the MBA program, an applicant needs to fulfill to the following requirements:
All letters and documents must be submitted in Dutch or English.
| Application Fee | € 300,- |
| Program Tuition Fee | € 12.500,- |
Payment of the Program tuition Fee (incl. E-Books and study material):
We expect each participant to arrange their own funding of the tuition fee or through sponsorship of his/her employer
*The above-mentioned fees may be converted to Surinamese dollars based on the Centrale Bank Exchange sales rate on the day of payment.
Accounts in the name of FHRHO:
| Hakrinbank | DSB | Republic Bank |
|---|---|---|
| SRD: 20.649.85.23 | SRD: 96.50.350 | SRD: 1000506875 |
| EURO: 20.698.14.02 | EURO: 96.50.377 | EURO: 1000506891 |
| USD: 20.698.13.99 | USD: 96.50.369 | USD: 1000506905 |
After payment, we ask you to email proof of transfer to finance@fhrinstitute.sr.
Business relationship manager
It’s a sales role where you may work to find new customers, manage existing accounts to ensure repeat business, and strive to increase spending from the company’s client base. MBA holders are valued for being clever, good communicators, and success (in this case, “sales”) orientated.
Business development consultant
Holding an MBA degree is extremely valuable in the world of consulting where appearances count. An MBA demonstrates ability and expertise. It helps you attract new business and quickly gain the confidence of clients. With an MBA, you are qualified to consult in business administration, development and management. Plus, you can claim expertise in any subject that you’ve specialized in at university or professionally.
Company director
People sometimes debate whether getting an MBA helps you to be an entrepreneur. Being an effective entrepreneur requires some serious business skills. You can pick these up with an MBA, especially if the course is geared towards entrepreneurship. Plus, having an MBA helps you win the belief and confidence of prospective investors and business partners.
General manager
The term “general manager” is typically applied to people senior enough to be managing managers. Competitions for General Manager positions is high because the tasks are, indeed, general: such as supervising, managing and leading people. Management and leadership are also core subjects in Master of Business Administration programs. With an MBA to your name, employers know you’ve learned management principles and are committed to a career in the field.
| Application Fee | € 300,- |
| Program Tuition Fee | € 12.500,- |
National accreditation by NOVA International accreditation by IACBE. Partner based accreditation by AACSB, EQUIS and AMBA.
The Mission of the MBA program is to provide state-of-the-art post-graduate education in business administration to enhance the management capacities of professionals and contribute to their organizations and the public good. The program is conducted by the FHR School of Management and Accounting in cooperation with Maastricht University School of Business and Economics (MUSBE), in the Netherlands.
Shaneel Tilak
MBA Program Manager
Telephone: +597 520797
E-mail: pm.mba@fhrinstitute.sr
The versatility and value of a master’s degree in business administration (MBA) have made it the most desired education of this century. An MBA creates a lifelong career path which guarantees every graduate of a steady and firm future. Graduates are expected to find enriched jobs at senior level and become successful business leaders in society by applying the skills and knowledge gained. A great career path for an MBA graduate is one where your qualification keeps delivering value.
Business relationship manager:
It’s a sales role where you may work to find new customers, manage existing accounts to ensure repeat business, and strive to increase spending from the company’s client base. MBA holders are valued for being clever, good communicators, and success (in this case, “sales”) orientated.
Business development consultant:
Holding an MBA degree is extremely valuable in the world of consulting where appearances count. An MBA demonstrates ability and expertise. It helps you attract new business and quickly gain the confidence of clients. With an MBA, you are qualified to consult in business administration, development and management. Plus, you can claim expertise in any subject that you’ve specialized in at university or professionally.
Company director:
People sometimes debate whether getting an MBA helps you to be an entrepreneur. Being an effective entrepreneur requires some serious business skills. You can pick these up with an MBA, especially if the course is geared towards entrepreneurship. Plus, having an MBA helps you win the belief and confidence of prospective investors and business partners.
General manager:
The term “general manager” is typically applied to people senior enough to be managing managers. Competitions for General Manager positions is high because the tasks are, indeed, general: such as supervising, managing and leading people. Management and leadership are also core subjects in Master of Business Administration programs. With an MBA to your name, employers know you’ve learned management principles and are committed to a career in the field.
Target population
The MBA program is targeted towards mid-career professionals with the aim to advance their knowledge and practice of management and to challenge them to lead in a dynamic global business environment. Participants already have work experience on a managerial level and are looking to enhance their careers.
Mode of Delivery
In-class lecturing is from Monday till Friday from 18:00 – 21:30 and on Saturday from 09.30-15.00hrs. Individual in-class exams are on a Saturday from 09:30 – 12:30 hrs.
Submissions of individual/ group take home assignments are scheduled on Sunday latest by 12.00 PM
Class attendance is compulsory.
Program Structure
This part-time MBA program consists of 70 ECTS and is lectured over approximately 2.5 years in 9 modules, 3 Master Classes and a Thesis Trajectory. The modules are characterized as Foundation, Core and Specialization.
Title upon completion
Master of Business Administration (MBA) granted by FHR Institute for Higher Education and Certified by Maastricht University School of Business and Economics (MUSBE).
The FHR School of Accounting and Management at FHR Lim A Po Institute for Higher Education has received specialized accreditation for its business program(s) through the International Accreditation Council for Business Education (IACBE) located at 11960 Quivira Road in Overland Park, Kansas, USA. For a list of accredited programs please view our IACBE member status page. National (pending) accreditation by the Nationaal Orgaan voor Accreditatie (NOVA).
| Block | Description | Course | ECTS |
|---|---|---|---|
| Admission Required Leveling Courses | The Leveling courses are designed to provide students with English proficiency and the basics of academic, statistics and economic skills. The aim of these courses is to bring all students on the same (basic) level prior to the start of the curriculum of the program. | Academics Skills | 0 |
| English Proficiency | 0 | ||
| Foundations of Micro Economics | 0 | ||
| Foundations of Business Finance | 0 | ||
| Foundations of Accounting | 0 | ||
| Foundations of Statistics | 0 | ||
| Foundation | The Foundation segment is the first block of the curriculum and covers the Finance, Economics, Accounting, Statistics and Research area. | Finance for Managers | 3 |
| Accounting for Managers | 3 | ||
| Core | The Core segment creates an elaborated knowledge base in each of the major management categories. This part of the program emphasizes practical education and encouragement of critical thinking and decision-making. | From Cradle to Cradle | 5 |
| Sustainable Change through Digitalization | 5 | ||
| Research Methods | 3 | ||
| Corporate Strategy and Responsibility | 5 | ||
| Leading for a Sustainable World | 5 | ||
| Focus | The Focus segment differs per intake and is composed of executive management disciplines with a focus on Management for Sustainability. | Entrepreneurship and Innovation for Sustainability | 5 |
| Climate Change and Justice | 5 | ||
| Marketing for a Sustainable World | 5 | ||
| Sustainable Economics | 5 | ||
| Transition to Sustainability | 5 | ||
| Innovation for Sustainable Development | 5 | ||
| Thesis Trajectory | The program is then completed with a Master Thesis on a topic of students own interest but it must connect with a practical or theoretical topic in one (1) of the areas covered by the curriculum. The thesis is to be prepared under supervision of a professional coach assigned by FHR. | Engaging in Academic Research | 16 |
| Preparing and Defining Academic Research | |||
| Defining Academic Research | |||
| Executing Supervised Activity | |||
| Reporting Supervised Activity | |||
| Reporting Supervised Activity-Defense Period |
The application deadline is June 30, 2023
Admission requirements
Candidates are admitted on a competitive selection basis.
In order to be eligible for admission to the MBA program, an applicant needs to fulfill the following requirements:
All letters and documents must be submitted in English.
Application Fee
The admission fee is € 300 and should be paid before the start of the required leveling courses.
Program tuition Fee
The tuition fee amounts to € 12.500 (including costs of textbooks and other study material).
Funding
Payment of the Program tuition Fee (incl. books and study material) :
We expect each participant to arrange own funding of the tuition fee or through sponsorship of his/her employer.
Alternative funding options are available through:
Study financing from Nationale Ontwikkelingsbank (NOB)
*The above-mentioned fees may be converted to Surinamese dollars based on the Centrale Bank Exchange sales rate on the day of payment.
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