20 10 - 2 01

2010 - 2011
School of Business
AUC New Cairo
AUC Avenue • P.O. Box 74 • New Cairo 11835, Egypt
tel 20.2.2615.3290
[email protected]
www.aucegypt.edu/busines
ANNUAL
REPORT
2010 - 201 1
Table of
Contents
The School of Business........6
Message from the Dean
Overview
Accreditation
Egypt’s Uprising
STRATEGIC GOALS
Relevant, Current and
Innovative Curricula and
Programs............................26
Undergraduate Programs
Graduate Programs
Executive Education
Centers and Programs
Promoting Excellence in Teaching,
Research and Intellectual
Contribution......................94
Faculty Development Funds
Faculty Awards
A Sample of Faculty Publications and Participation
in Regional and International Events
Support and Lifelong Learning
Environment..........................156
Office of Student Services
Student Scholarship Opportunities
Student Internships
Students Clubs
Students Events
Students Awards and Honors
External and Corporate Relations and
Alumni Engagement.........................196
International Visitors
Agreements, Partnerships and Memberships
School of Business Participation in Local, Regional
and International Events
Alumni Recognition
Creating a Culture of Governance,
Academic and Operational
Excellence and Continuous
Improvement.....................................220
Advisory Bodies
Communications and Marketing office
School Internal Events
Staff Development, Recognition and Awards
Statistics..................................246
THE
SCHOOL of
business
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The School of Business: Annual Report 2010 - 2011
MESSAGE FROM THE DEAN
T
he 2010-11 academic year will henceforth occupy
a profoundly significant place in the School of
Business’ history. As administrators and faculty,
we feel particularly pleased with our contribution
to Egypt’s remarkable uprising, as well as the months of
political debate that have followed, as we strive to build
on these achievements in the coming period. Active
participation by students, faculty members, alumni and
centers during this monumental period in the school’s
different forums and public events underscored our mission
and our ongoing pledge to provide an education that
cultivates citizen commitment.
As an institute of higher education and an important
constituent of Egyptian private enterprise and civil society,
we see it as our duty to explore the many complex issues
and opportunities facing Egypt post January 25, 2011.
Among the most highly profiled activities that have taken
place within AUC, the School of Business introduced the
Transforming Egypt series - a sequence of programs
critically examining the effects of Egypt’s uprising on local
and regional economic and business interests. Reaching
beyond University gates, Transforming Egypt has engaged
experts and citizens across Egypt and throughout the
region, expressing important questions, analyzing key
issues, and brainstorming action items necessary for the
country to regain a strong economic foothold.
Moving the focus towards institutional development, we
have been busy this year implementing new academic
programs, coordinating related co-curricular activities and
events, expanding our faculty research and actualizing
elements of our strategic goals. This is in addition to a
successful recruitment process yielding 15 new faculty
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members with different backgrounds and experiences for
next academic year 2011-12.
Significantly, the school has moved forward with the
Entrepreneurship and Innovation Program (EIP), which
is designed to educate students on entrepreneurship and
infuse them with the desire to create and innovate through
connecting them to venture capitalists, angel investors, and
mentors. On a broader scale, EIP aims to create a healthy
entrepreneurial environment inside AUC, serving Egypt and
the region at large.
On the academic front, the school remains committed
to championing consistent student development, efforts
that take the form of supporting students writing and
presenting papers and encouraging them to participate in
competitions and leading industry conferences. It is these
activities that best expose students to enriching learning
experiences and direct contact with qualified audiences,
adding to their business knowledge and expanding their
cultural horizons. The school also encourages knowledge
production at the faculty level, enabling faculty members
to make important contributions to their field. AUC School
of Business faculty possess unique insight into a wide
breadth of world issues – especially those pertaining to
the MENA region – and over the past year, many of our
faculty members were active participants in conferences
and meetings throughout the world, including North and
South America, Europe, the Far East and the North Africa
Middle East regions as well as Egypt.
While fulfilling in many ways, the year has also been
witness to unprecedented and sometimes unfortunate
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demands on time, patience, and energy. The many new
trials and reactions have afforded me the opportunity to
reflect on our accomplishments, and also to anticipate
meeting new challenges and mandates as we search for
ways to improve our programs, recruit the best faculty,
and compete for top students.
The wide spectrum of activities covered in this annual report
reflects the dynamism of School of Business students,
alumni, faculty, and staff as we strive to offer an enticing
environment of continual development and support for all. As
always, we dedicate our efforts to fulfilling the three pillars
on which the school rests: entrepreneurship, innovation
and leadership. Ultimately, this dedication to academic
excellence is the guiding factor of our extracurricular and
co-curricular programs, and the key to our successful
navigation of the rapidly-changing environment around us.
It gives me great pleasure to present to you this year’s
annual report, organized around the school’s strategic plan
for 2010-2015. The report features the commitment of the
school’s different constituents towards achieving the set
strategic goals. I hope you enjoy reading it, and as always,
I would appreciate your ideas, comments, and feedback
– elements that, to me, are essential to our continued
improvement and success.
Sherif Kamel
August 2011
The School of Business: Annual Report 2010 - 2011
Vision
Mission
The School of Business sees itself becoming
The School of Business strives to create an environment
globally recognized as the leading business school
that fosters the development of principled and innovative
connecting the region and the world.
business leaders and entrepreneurs who can
make a difference.
OVERVIEW
Departments
Executive Education
Centers and Programs
Advisory Bodies
Department of Economics (ECON)
Management Center (MC)
Business Computer Center (BCC)
Dean’s Strategic Advisory Board
Department of Management (MGMT)
Citadel Capital Financial
Services Center (CCFC)
El Khazindar Business
Research and Case Center (KCC)
Council of the School of Business
Goldman Sachs
10,000 Women
Entrepreneurship and
Leadership Program (WEL)
Access to Knowledge
for Development Center (A2K4D)
Department of Accounting (ACCT)
Management Center Advisory Council
Entrepreneurship and
Innovation Program (EIP)
International Executive
Education Institute (IEEI)
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El Kazindar Business Research
and Case Center Internal
Advisory Board
Entrepreneurship and
Innovation Program Council
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The School of Business: Annual Report 2010 - 2011
“Drawing on its imaginative faculty, ambitious students, dedicated staff and
creative alumni, the School of Business at The American University in Cairo
has been bringing its global reach to contribute to building “the new Egypt”
in the aftermath of the January 25 revolution.
With its strong emphasis on entrepreneurship and innovation, its increasingly active research
programs, and its multiple international partnerships, the school continues to provide rigorous
curricula, in both its degree programs and its executive education platforms, in management,
accounting, finance, marketing, economic development, information technology, and entrepreneurship.
These programs are poised to have even greater impact in the years to come, as Egypt welcomes
creative and dynamic initiatives in job creation, investment opportunities, and economic growth.
Under the able leadership of its dean, Sherif Kamel, AUC continues to produce and promote the
next generation of socially responsible private-sector leaders in Egypt and the region. In both the
new Egypt, and across the fast-changing global business landscape, AUC’s School of Business is
playing a crucial role in shaping our world.”
Lisa Anderson
President, The American University in Cairo
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ACCREDITATION
THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS (AACSB)
The School of Business first acquired AACSB accreditation in 2006 and must undergo a maintenance
process every five years. The first maintenance visit is scheduled in December 2011.
SUPREME COUNCIL OF UNIVERSITIES (SCU)
All degrees from the School of Business are eligible for equivalency certificates issued by the
Egyptian SCU. Degrees are evaluated every three years. The school undergoes its next evaluation
in 2013.
ASSOCIATION OF MBAs (AMBA)
The MBA program at the School of Business is applying for AMBA accreditation in September 2011.
ACCREDITING COUNCIL FOR CONTINUING EDUCATION AND TRAINING (ACCET)
AUC’s Management Center was granted five years of ACCET accreditation in 2011.
THE EUROPEAN FOUNDATION FOR MANAGEMENT DEVELOPMENT (EFMD)
The School of Business is a member of EFMD, a vast membership network that includes over 750
organizations from academia, business, public service and consultancy in 81 countries around
the world.
PRINCIPLES FOR RESPONSIBLE MANAGEMENT EDUCATION (PRME)
AUC School of Business is one of 393 academic institutions that have voluntarily signed up to the
PRME initiative.
THE EUROPEAN QUALITY IMPROVEMENT SYSTEM (EQUIS)
As members of EFMD, the School of Business is eligible to apply for EQUIS membership. The school
is applying for EQUIS accreditation in October 2011.
THE ACADEMY OF BUSINESS IN SOCIETY (EABIS)
AUC School of Business is a member of EABIS.
EDUNIVERSAL
AUC’s School of Business is ranked number one among the four palms classification “Top Business
Schools”. The school is ranked the top business school in Egypt and second overall in Africa.
MIDDLE STATES COMMISSION ON HIGHER EDUCATION (MSCHE)
Institutional accreditation status is granted for a period of ten years, with a mid-way periodic
review. The University was granted the renewal in 2008.
Society for Human Resource Management (SHRM)
The curriculum of the Professional Post-Graduate Diploma in Human Resource Management
offered at the Institute of Management Development, Management Center, has been certified by
SHRM to be in-line with the SHRM HR curriculum guidebook and templates.
NATIONAL AUTHORITY FOR QUALITY ASSURANCE AND ACCREDITATION OF
EDUCATION (NAQAAE)
The American University in Cairo as a whole is accredited, and now the Department of Management
will begin its accreditation process in December 2011.
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The School of Business: Annual Report 2010 - 2011
“Led by extraordinary faculty and staff members, AUC’s School of Business
responded quickly and proactively to the unexpected demands and challenges
introduced in the aftermath of the January 25 revolution.
Educational and research programs, workshops, lectures, competitions, and
conferences on the economic, technological, and ethical impacts of the uprising launched by the
School of Business over the past year have contributed immensely to establishing AUC’s position
as a leading voice in this transitional period.
The school’s pillars of entrepreneurship, innovation, and leadership, in addition to its pioneering
academic initiatives, growing body of interdisciplinary research, and widespread international
partnerships, constitute a streamlined and cohesive system through which we can produce graduates
groomed for conscientious and principled public and private sector leadership.”
Medhat Haroun
Provost, The American University in Cairo
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EGYPT’S UPRISING
SEMINAR SERIES: TRANSFORMING EGYPT
Inspired by the Egyptian revolution and in an effort to contribute to the promising changes taking
place, the School of Business launched its new Transforming Egypt workshop series in March 2011.
The series offers a platform for debate and discussion by distinguished guests, faculty members
and students, who seek to address Egypt’s transitional period. As associate dean for graduate
studies and research, Nagla Rizk was responsible for coordinating the School of Business’s
Transforming Egypt seminar series, where a number of activities were organized by different
faculty members to address important and timely issues in light of the Egyptian revolution.
March 7, 2011
Video Link Up with Qatari Students
A video conference discussion on the revolution, linking students of the School of Business with
students in the Education Center in Qatar, took place where students of the School of Business
shared their experience in Tahrir Square, their thoughts on the revolution and hopes for the future.
Speaking for the motion were female’s rights campaigner Marwa Sharafeldin and pro-democracy
activist Shaheer George. Speaking against the motion were Essam El Erian, senior spokesperson
for the Muslim Brotherhood and Sherif Taher, a politician and member of Al Wafd Party. The debate
was broadcast by BBC World on March 19 and 20, 2011.
March 28, 2011
Egypt in Revolution
Abeer El Shinnawy, assistant professor of economics, organized a lecture for Professor Emeritus
Galal Amin, where he discussed his observations and interpretations of the Egyptian revolution.
March 14, 2011
Doha Debates: This House Believes for the Sake of Democracy Egypt Should
Postpone Elections
The Access to Knowledge for Development Center
(A2K4D) hosted, for the first time in Egypt, a special
episode of the Doha Debates at AUC Tahrir Square.
Galal Amin and Abeer El Shinnawy, at Egypt in Revolution (March 28, 2011)
Tim Sebastian, moderator of the Doha Debates
and Nagla Rizk, director of A2K4D, at Doha
Debate (March 14, 2011)
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The School of Business: Annual Report 2010 - 2011
EGYPT’S UPRISING
April 6, 2011
April 10, 2011
Egyptian Stock Exchange (EGX) in the Wake of the Egyptian Revolution
Monal Abdel Baky ’83 ’88, assistant professor of economics, organized a lecture by Mike
Baghdady ’72, the world’s foremost leading expert and originator of price behavior trading;
former head technical trader at the New York Board
of Trade (NYBOT); and founder of Training Traders
Company, London, who discussed the steps that the
Egyptian stock market must take in order to facilitate
economic growth in Egypt. Suggestions included
opening up the Egyptian Stock Exchange to small
investors to to create new jobs.
Combating Corporate Corruption
In a seminar organized by Ahmed Abdel-Meguid, faculty adviser of the Corporate Governance Club,
Counselor Ahmed Ragab, executive
director of the Center for Transparency,
gave various examples of corruption
in Egypt and around the world, and
called upon the next generation of
business people to lead the new future
of Egypt’s business community.
Mike Baghdady
Counselor Ahmed Ragab, executive director of the Center for
Transparency, with members of Corporate Governance Club
(April 10, 2011)
April 7, 2011
May 11, 2011
The Future of Decentralization in Post January 25 Egypt
Ahmed Kamaly, chair of the Department of Economics, organized a lecture by Roy B Kelly, professor
of practice of public policy at Duke University. Kelly explained that the Egyptian revolution will
be an ongoing process until specific reforms and goals are achieved. Kelly also covered ways to
effectively achieve positive results from the revolution in a timely manner.
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Revolution 2.0?
Nagla Rizk, director of A2K4D and Nahed Azzab, assistant professor of management, hosted a
panel discussion with Wael Fakharany, regional manager at Google (Egypt and North Africa), as
a special guest. Panelists discussed the potential for using the Internet and social media for
economic growth and development in Egypt.
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The School of Business: Annual Report 2010 - 2011
“The 2010 - 11 academic year became a true landmark in the history
of Egypt.The January 25 revolution positions Egypt towards a new
future as of the year 2011 and the forthcoming years. Education will be
the driving force of development and the pivot of new Egypt. AUC has
always had its impact on how education can bring to the labor force of
Egypt a top-caliber, well-developed group of personalities.
This is an occasion on which I would like to congratulate the administration of AUC, the
leadership of the School of Business, faculty and staff members and students.Their collaborative
efforts established the true brand of the School of Business as a most distinguished school.
It also was the major impetus behind setting a model for other schools in the region of how
education can help create a direct contribution to society economically, socially, and politically. It
is difficult to be the top school in the region, but much more difficult to stay on top.
One of the major contributions of the School of Business in the year 2010 – 11 was to try to
capture the spirit of the January 25 revolution and to revisit the programs of the school, so as
to give the right signals for a new Egypt. I commend these efforts and I see that AUC students
are no longer isolated from Egyptian economic, social, and political affairs. In fact, they are right
in the heart of the action.
I wish that this spirit continues in order to forge our new Egypt and to realize the needed
change to the lifestyle of our citizens. At the end, this is what we all aspire for. May our dream
come true.”
Medhat Hassanein
Professor of finance and banking, chair of the Council of the School of Business, AUC;
Egypt’s former Minister of Finance
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Strategic
GOALS
Relevant, Current and Innovative
Curricula and Programs
Relevant, Current and Innovative
Curricula and Programs
“The world today seeks an enlightened leader who is
responsible for creating shareholder and positive social values
The expansive leadership model at AUC helps in cultivating
the sensibility to make an impact and think beyond profits.
The distinguished faculty, competitive curriculum,
and state-of-the-art infrastructure at AUC help to impart a world-class
business education.
One of the biggest strengths of AUC is its location in Cairo that provides the students
with a unique blend of social, political, and cultural life of the Middle East.”
Dipak C. Jain
Dean of INSEAD; former dean and professor of marketing, Kellogg School of Management,
Northwestern University; member of the Dean’s Strategic Advisory Board,
School of Business, AUC.
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Undergraduate Programs
The Special Topics in Marketing course was introduced with a focus on business cases and
consultancy applications. It considers selected topics of current relevance in marketing.
New marketing concentration courses are being offered, such as the Advanced Marketing
Research course. Topics will be chosen with particular emphasis on their value to Egyptian
and regional organizations. The E-marketing course focuses on principles, best practices, and
hands-on applications of e-marketing.
The Entrepreneurship and Small Business Management course is to be counted as
a capstone course within the Core Curriculum (cross-listed with the School of Sciences and
Engineering). It is an interdisciplinary course combining skills from all areas of business, with
special focus on problems encountered by entrepreneurs in the Middle East and development of
solutions for those problems.
The Emerging Economies course’s name was revised from Comparative Economic Systems
to Emerging Economies. Emerging market economies are developing nations that possess a
combination of relatively deep financial markets, resource endowments, encouraging demographic
features, attractive business environments and vibrant domestic market activities that enable
them to enjoy rapid growth and development.
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The School of Business: Annual Report 2010 - 2011
Relevant, Current and Innovative
Curricula and Programs
Photo by Mohamed Sami
“I think that the School of Business at AUC has made great progress
over the last few years, which certainly makes me proud everywhere I go.
I’m currently studying for my MBA at Harvard Business School, and I
can definitely say that our undergraduate education is superior to that of
business schools in many other countries.
AUC also develops a whole set of skills that many people don’t have,
such as public speaking skills, presentation skills, and writing skills.”
MennatAllah Gaafar’06
April 18 - 20, 2011
The Sixth International Conference on Higher Education Marketing
The School of Business hosted the first International Conference on Higher Education Marketing
(ICHEM) outside of Europe since the establishment of the Academy of Marketing (AoM). Participants
included 15 foreign delegates from universities in the United Kingdom, Vietnam, South Africa,
Malaysia, Indonesia, Syria and Jordan, as well as 11 Egyptian delegates from AUC, the German
University in Cairo (GUC), Misr International University (MIU), and Cairo University. AUC President
Lisa Anderson and Professor Felix Maringe, ICHEM’s chair, presented the opening speech and
the keynote speaker was Mark Stephens, country director of the British Council. Co-chair of
the conference was Ibrahim Hegazy, marketing academic unit head and associate professor of
marketing at AUC. The executive director was Maha Mourad, assistant professor of marketing at
AUC. The Egypt Tourism Development Authority sponsored the event.
April 2011
Collaboration Between AUC’s School of Business Students (supervised by Nahed
Azzab, assistant professor of management) and Students from the College of
Information Sciences and Technology at Pennsylvania State University (supervised
by Jan Mahar, senior lecturer) to Develop an Interactive Information System
For the second year in a row, the College of Information Sciences and Technology (IST) at Pennsylvania
State University (PSU) requested to collaborate with AUC’s business students for a project to develop an
information system for Egypt, taking into consideration Egypt’s culture, political situation, demographics
and IT infrastructure. Based on the collaboration, PSU students designed a cell phone disaster reporting
tool allowing disaster victims to send a photograph of any relevant event to be posted as a GPS coordinate
on an interactive map.
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The Sixth International Conference on Higher Education Marketing
(April 18 - 20, 2011)
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The School of Business: Annual Report 2010 - 2011
Relevant, Current and Innovative
Curricula and Programs
May 4, 2011
May 24, 2011
AUC Annual Advertising Award
Booz & Company Judge Graduating Seniors’ Business Plans
The award ceremony was sponsored by Vodafone and Al-Ahram and organized by Ibrahim Hegazy,
head of the marketing academic unit, associate professor of marketing and chair of AUC’s Annual
Advertising Award (AAAA) for 2011. AAAA have been recognizing outstanding advertising works with
gold, silver and bronze prizes in different categories such as Web sites, outdoor advertisements,
newspapers advertisements, among others. A special award is also given to recognize outstanding
contributions and milestones in advertising in Egypt, either for individuals and/or institutions.
Sherif Nagui and Dina El Haddad, consultants from renowned consulting services firm Booz &
Company, and Ahmed Halawa, an investment banker from EFG-Hermes, joined Iman Seoudi,
assistant professor of management, in judging business plans presented by the Spring 2011
graduating class. The winning plan was for a company that provides microfinance services for
Egyptian entrepreneurs in underserved areas of Cairo.
“Being given the opportunity to work at the dean’s office was a very
rewarding experience. I got to work alongside graduate students on a
hands-on and relevant research for an
AUC-Coca-Cola partnership.
Given the field of study, which was solid waste management and
plastic recycling, I felt like we would, one day, make a difference in our country.
AUC’s Annual Advertising Award (AAAA) Ceremony (May 4, 2011)
I will walk away from this experience with countless new lessons, as it gave me great
insight into the working life. I’m sure that this experience will be a great stepping stone
for my career later on.”
Nada El Ahwal
Student, political science major, business administration minor
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The School of Business: Annual Report 2010 - 2011
Relevant, Current and Innovative
Graduate Programs
Curricula and Programs
Graduate Programs
Master’s of Business Administration
New Interdisciplinary Concentrations
MBA with a Construction Industry Concentration
The MBA program, in collaboration with the Department of Construction and Architectural
Engineering at the School of Sciences and Engineering, introduced a new concentration with a
construction industry focus.
Doing Business in the Middle East Program (DBiME)
This comprehensive five-day program at AUC exposes participants to the academic and corporate
perspectives of current issues in the region. The program is offered internationally to MBA and
executive MBA students seeking first-hand regional experience. The program is managed by the
International Executive Education Institute.
MBA with a Biotechnology Concentration
The MBA program is working with the Department of Biotechnology to create an interdisciplinary
biotechnology MBA.
“AUC’s MBA program provides Egypt’s leaders of tomorrow
with the right mix of outstanding and globally recognized faculty
members, exceptional classmates with diverse experiences at blue
chip companies, and state of the art curricula that is supported by
the latest classroom and research resources.”
New Concepts in Special Topic Operation Management
The Operational and Supply Chain Improvement Practicum course will be offered to MBA students
as of Fall 2011. This course is offered in close cooperation with three consulting firms that
have operational improvement as one of their core competencies. It gives students hands-on
management consulting experience by allowing them to participate in operational improvement
projects with a client company.
Sherif Masoud
MBA student and new models and projects senior section head, BMW
El-Khazindar Business Research and Case Center Competition
Together with El-Khazindar Business Research and Case Center (KCC), the MBA office organized
a case competition for MBA students. Out of 33 cases received, KCC accepted 20 cases for the
competition. Three cases won monetary prizes and four cases were selected for the IGI Global and
KCC casebook competitions.
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The School of Business: Annual Report 2010 - 2011
Relevant, Current and Innovative
Graduate Programs
Curricula and Programs
Internationalization of the MBA program
MBA students from two prominent North American business schools have visited AUC in Janurary 2011.
January 9, 2011
“We are impressed with the sophistication of the pedestrian-friendly campus which creates a
great environment for students.”
Carolyn Blakely, vice president of the Student Council, MBA 2011, Rotman School of Management
Rotman School of Management, University of Toronto
“In Toronto, we are lucky to have a lot of resources and it’s nice to see the same here. North
Americans usually underestimate this region. It’s a great opportunity for the students to realize
there is much more to learn from this part of the world”
Laura Wood, director of the International Office, Rotman School of Management
Rotman School of Management MBA Students’s visit (January 9, 2011)
The visit aimed to offer Rotman School of Management students with a better perspective of MBA
education in Egypt and to showcase the resources available in the region. Students toured AUC
New Cairo facilities and discussed various issues with Professor Mohamed Radwan, Dean Sherif
Kamel, and Mr. Osama Mourad. Topics discussed included deal making in the Middle East, IT in
Egypt and the Egyptian capital market.
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The School of Business: Annual Report 2010 - 2011
Relevant, Current and Innovative
Graduate Programs
Curricula and Programs
January 12, 2011
April 16, 2011
Columbia Business School, Columbia University
Access MBA Event
For the second time, the MBA Program of AUC’s School of Business participated in the Access MBA
event. Thirty predetermined one-on-one meetings were held with students who were interested in
joining the program. The MBA Program’s executive, Rabab Abuel Fetouh, also participated as a
panelist in a discussion on how to choose the correct MBA program.
May 17 - 18, 2011
Columbia Business School MBA Students’ visit (January 12, 2011)
Twenty students from the Columbia Business School visited AUC New Cairo and explored various
facilities. Following the tour, Professor Mohamed Radwan gave a lecture on “Challenges to Business
and Marketing in the Region.” The MBA students then visited the Egyptian Stock Exchange, where
they had a tour and attended different lectures.
“We never thought that AUC has such huge campus. I think that this is a very good opportunity for
students from Columbia to be here, as this will encourage them to participate in other exchange
programs concerning Egypt with AUC.”
Christine Sedky, group leader, MBA 2011, Columbia Business School
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Simulation and E-Learning Workshop for School of Business Faculty
The MBA program offered a simulation
and e-learning workshop conducted by
Youssef Bissada, professor emeritus
of entrepreneurship at INSEAD, France,
and distinguished adjunct professor of
entrepreneurship at AUC, and Hoda Irani
Bissada, the current managing director
of Bissada Management Simulations
(BMS), a company specializing in
the development and teaching of
Hoda Bissada explaining simulation case (May 2011)
computerized management simulations
and pedagogical packages. The workshop was attended by 20 faculty members from various
disciplines within the School of Business.
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The School of Business: Annual Report 2010 - 2011
Relevant, Current and Innovative
Graduate Programs
Curricula and Programs
July 24 – 30, 2011
MBA Students Visit Ankara for Doing Business in Turkey Study Tour
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MBA group with His Excellency Abderahman Salaheldin, Ambassador of Egypt to Turkey (July 2011)
The MBA team at work (July 2011)
The Doing Business in Turkey Study Tour (DBiT) is designed to give AUC students an edge in the rapidlyevolving global markets by exposing them to different academic, corporate and cultural perspectives.
This is the first tour of this kind in a series of international study opportunities for MBA students. The
MBA study tour started at Bilkent University in Ankara, Turkey’s first private and nonprofit university.
The tour continued to the Turkish Confederation of Businessmen and Industrialists in Istanbul, an
association of top economic and social development industry leaders.
Students attended lectures and visited different companies to understand how various
enterprises function in Turkey, as well as how local businesses and industries are influenced by
history, culture and politics
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The School of Business: Annual Report 2010 - 2011
Relevant, Current and Innovative
Economics Graduate Programs
Curricula and Programs
Economics Graduate Programs
Master of Arts in Economics
The Master of Arts in economics is designed to provide students with a strong theoretical
foundation, up-to-date quantitative skills and critical thinking tools that are necessary
to succeed in a world-class doctoral program or advance through the ranks of their chosen
professions. It continues to attract local and foreign students who either only pursued a master’s
degree or moved on to seek PhD programs.
Master of Arts in Economics in International Development
This program is designed for students who wish to acquire an advanced understanding of the field
of development economics through a highly interdisciplinary approach. The program also promotes
effective unification of theoretical foundations with the modern applications of policy within the
developing world through practicum with a nongovernmental organization outside AUC. Graduates
of this program continue to be employed by United Nations agencies, The World Bank, bilateral
donor representative offices and projects, non governmental organizations and developmentfinance institutions. Students have recently taken positions in governmental departments directly
concerned with developmental planning and evaluation.
January 6 - 7, 2011
New world, New Capitalism Conference
The Department of Economics’ delegation of five graduate students, led by Adel Beshai, director
of economics graduate studies, represented AUC at the “New World, New Capitalism” conference
held in Paris, France, organized by Éric Besson, French Minister of Industry, Energy and the
Digital Economy. The School of Business was one of
four main academic partners; other partners included
the London School of Economics and Political Science,
Sciences Po and Columbia University. The delegation
submitted a paper titled “The Euro-Mediterranean
Partnership: A Southern Perspective toward
Sustainable Growth and Development”.
Adel Beshai, professor of economics and
director of economics graduate studies,
with School of Business delegates
(January 2011)
Graduate Diploma in Economics in International Development
This program is designed for students who wish to gain basic understanding and knowledge of
development economics without proceeding toward a master’s degree. The diploma program is
also interdisciplinary to provide a broader and more integrated perspective of development issues.
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The School of Business: Annual Report 2010 - 2011
Relevant, Current and Innovative
Executive Education
Curricula and Programs
Executive Education
The Institute of Banking and Finance developed a new professional certificate on integrated retail
in banking, set to launch in September 2011.
Management Center (MC)
Expansion to Governorates
The Management Center has launched programs in Alexandria, in cooperation with i-Learn
Andalusia Group.
Skills Castle Academy has launched Management Center programs in Tanta to address increasing
demand for healthcare professional development programs.
New Programs and Projects
An anti-corruption awareness program was developed with the Governance Center of the Ministry
of State for Administrative Development in Egypt and the International Law Institute in the United
States. The program is developed in Arabic and English, targeting Egypt and the Middle East.
The Management Center launched a major project to review and update its curricula. The center
revisited six professional diplomas and developed new curricula.
Staff Participation in Regional Events
Amr Hamdy, director of the Management Center, spoke about international cooperation in
professional development at the EFMD conference, which focused on the MENA region and was
held in Dubai in November 2010.
Hamdy spoke on quality improvement in professional development at the QS-Maple conference in
Dubai in April 2011.
A new professional diploma in the area of utility management was developed in cooperation with
the Holding Company for Water and Wastewater and Chemonics International.
A leadership program for senior staff in the petrochemical industries was developed in cooperation
with the Egyptian Petrochemicals Holding Company (ECHEM).
Two new professional postgraduate diplomas in banking credit and credit risk management, and
corporate finance and investment were launched by the Management Center to address increasing
market demand in these domains.
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Citadel Capital Financial Services Center (CCFC)
March 15, 2011
Reuters Certification Program
January – May 2011
Advanced Corporate Financial Modeling Course
The Citadel Capital Financial Services Center (CCFC) has successfully launched a course on
“Advanced Corporate Financial Modeling”, offering 35 finance professionals hands-on modeling
experience with an emphasis on a systematic approach to building rigorous and structured
financial models using Excel. The course is designed, supervised and taught by Eskandar Tooma,
British Petroleum Associate Professor of Finance and director of CCFC. The program also features
Khaled Dahawy, associate professor of accounting and director of the MBA Program and Aliaa
Bassiouny, assistant professor of finance and manager of CCFC.
Jean Louis Feghaly (March 15, 2011)
This program taught students to use the Reuters software to retrieve financial data and news.
The Reuters database is a one-stop database for financial data and news. Jean Louis Feghaly, a
knowledge live specialist on foreign exchange and money market, presented the workshop to 45
students, providing them with a booklet for reference and for use as a study guide.
April 9, 2011
Advanced Corporate Financial Modeling Course (January – May 2011)
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Statistical Package for Social Sciences (SPSS) Workshop
The Statistical Package for Social Sciences (SPSS) Workshop workshop offered selected group of
graduate MBA students an overview of the descriptive and inferential statistical methodologies
and statistical software commonly used to address various research problems, particularly topics
in management.
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April13 - 16, 2011
Hosting the International Conference for Global Economy
The International Conference for Global Economy (ICGE) offered students from various backgrounds
early exposure to understanding the market through practical skill-building experience.
Delegates during the stock market simulation (April 2011)
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The Goldman Sachs 10,000 Women Entrepreneurship and
Leadership Program (WEL)
The Goldman Sachs 10,000 Women Entrepreneurship and Leadership Program is part of the
Goldman Sachs 10,000 Women initiative. The initiative is a five-year investment by Goldman
Sachs to provide 10,000 underserved women around the world with a business and management
education. The program at AUC, in partnership with the Wharton School of Business of the
University of Pennsylvania, has graduated over 200 entrepreneurs since its inception in 2008.
In addition to classroom training, the program also provides business advising, mentoring and
networking services to entrepreneurs after graduation. Qualified graduates are provided with
access to finance through the Social Fund for Development. The program’s curriculum includes
a wide range of entrepreneurial subjects delivered by renowned faculty internationally and from
AUC, as well as industry experts. Workshops, field visits and networking events are organized to
provide women with practical business information that complements what they are learning in
class. Throughout the program, entrepreneurs are assisted with developing their own business
plans to help facilitate future growth. Selection panels were held in April 2011, and 34 promising
entrepreneurs from throughout Egypt were invited to join the next cohort. This group is particularly
special, as it is the first since the revolution.
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April 18, 2011
June 23, 2011
U.S. Ambassador-at-Large for Global Women’s Issues Visits Goldman Sachs
WEL Graduation Ceremony
U.S. Ambassador-at-Large for Global Women’s Issues, Melanne Verveer, with program representatives and
graduates (April 18, 2011)
WEL graduation ceremony (June 23, 2011)
The Goldman Sachs 10,000 Women Entrepreneurship and Leadership program was delighted to
host the United States’ Ambassador-at-Large for Global Women’s Issues, Melanne Verveer, during
her visit to Egypt in April 2011. The ambassador met with several program graduates to learn
more about their achievements and the challenges they face in their businesses. She also held a
roundtable discussion at AUC with a select group of women leaders and entrepreneurs to discuss
the state of women’s entrepreneurship in Egypt and women entrepreneurs’ achievements and
challenges, especially in light of the transitional period that Egypt is experiencing following the
January 25 revolution.
The 2010 graduation ceremony was a celebration of the success of more than 100 graduates.
It was attended by representatives from Goldman Sachs, AUC President Lisa Anderson, faculty
members, families of the scholars, program staff and other key stakeholders and industry experts.
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International Executive Education Institute (IEEI)
January 8 - 13, 2011
A Complete Course in Risk Management
International Executive Education Institute Programs
October 11 - 13, 2010
Competition Law for Executives
A Complete Course in Risk Management (January 8 - 13, 2011)
Competition Law for Executives (October 11 - 13, 2010)
Working in partnership with the Egyptian Competition Authority (ECA) and the Commercial Law
Development Program (CLDP), the International Executive Institute (IEEI) offered a three-day
program on competition law for organizations operating in Egypt.
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This training program was offered for the third time and developed jointly with the Professional
Risk Managers’ International Association (PRMIA). The course works toward bridging the gap
between theory and practice in financial risk management by educating participants on issues
such as markets and financial instruments, market risk management, corporate governance, and
capital allocation.
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March 14 -15, 2011
April 18 - 20, 2011
The Principles and Practices of Strategic Communication
The program aimed to provide participants with a comprehensive understanding of the process,
Food Industry Management
Food Industry Management (April 18 -20, 2011)
The Principles and Practices of Strategic Communication (March 14 - 15, 2011)
function and methods of effective use of strategic communication for the corporate sector, as well
as existing external support networks and the unique challenges of strategic communication in
developing markets. The program was delivered by Richard Banks, chief executive officer, RM Bank &
Co and Sarah Broberg, deputy managing director at TRACCS Egypt.
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Developed in cooperation with the United Nations World Food Programme Program and the School
of Sciences and Engineering, this program uses an interactive and thought-provoking approach to
help expand executives’ and managers’ knowledge in the areas of economics, supply chain, food
safety, genetically modified food, innovation in additives, as well as corporate sustainability within
the food industry.
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May 15 - 16, 2011
January 13 - June 26, 2011
Finance for Entrepreneurs in Changing Times Program
This program sought to provide entrepreneurs with a solid understanding of finance for start-up
companies, which is the backbone for business success. The course covered vital issues, including
sources of finance such as equity financing, loans, and venture capital, as well as key concepts in
finance including time beak-even analysis, value for money and cash flow analysis.
Real Estate Executive Development Program
May 31 - June 1, 2011
Supply Chain Excellence for Marketing Success
This program was carried out in cooperation with the Rotterdam School of Management (RSM).
The course focused on the impact of supply chain operations on the bottom line, the fundamental
trade-offs involved as a result of the natural tension between supply chain and marketing/sales,
the effect of variability on supply chain and operational performance and the design factors of an
operationally excellent organization.
This program was established in 2009 in partnership with the National University of Singapore
(NUS) and the real-estate community in Egypt, lead by DMG Mountain View, the founding corporate
partner of the Real Estate Academy. The 19-day executive development program consisted of seven
modules covering various aspects of the real estate business, as well as urban land use and
planning of the Egyptian market. The program included an elective five-day intensive study trip
to Singapore.
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International Executive Education Institute Customized Programs
The International Executive Education Institute (IEEI) designs and delivers customized programs
to select organizations in Egypt and the region. IEEI’s value proposition is the diverse pool of highly
specialized faculty and instructors from top-ranked institutional partners worldwide: Rotterdam
School of Management, Continuum, Center for Creative Leadership (CCL), Wisconsin Madison,
EADA, and others. In 2010 - 2011, IEEI designed and delivered three customized programs through
which participants enjoyed unique international experiences.
Etisalat Misr
IEEI offered Etisalat Misr the Building Leaders in a Dynamic Global Market program to 62
participants of senior management over a 12-month period and in partnership with six institutional
partners including Wisconsin Madison, Continuum, Rotterdam School of Management, faculty
members from INSEAD and the SP Jain Center of Management.
General Motors
The GM STAR program was offered to 33 participants, in partnership with Rotterdam School of
Management and Wisconsin Madison.
Housing and Development Bank
The IEEI Executive Training program for the Housing and Development Bank was offered to 30
participants over a two-week period. The program included in class training sessions as well as
site visits.
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International Executive Education Institute Forums
December 1, 2010
January 13, 2011
Human Resource Conference Luncheon and Networking
Human resource specialists attended this luncheon and networking event, for which the purpose
was to introduce participants to the International Executive Education Institute and its new
Advanced Human Resource Executive Development Program. The program is offered in partnership
with leading academic and professional institutions in Egypt and internationally. The new program
aims to meet the needs of HR professionals in Egypt and the region.
Forum on the Dynamics of Real Estate
Forum on the Dynamics of Real Estate (January 13, 2011)
One hundred and forty prominent real estate industry leaders came together to celebrate the
launch of the first Real Estate Executive Development Program (RE-EDP) in Egypt. The program
was offered by IEEI’s Real Estate Academy and the National University of Singapore’s Department
of Real Estate. The event included speeches by former Minister of Housing Ahmed El Maghrabi,
President Lisa Anderson, Dean Sherif Kamel, Director of the Department of Real Estate at the
National University of Singapore Yu Shi Ming, and Regional Representative of the Royal Institute
for Chartered Surveyors RICS Jim Drysdale.
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April 9, 2011
International Events Attended by IEEI Staff
CEO Roundtable on Prospects for the Real Estate Industry
The Real Estate Academy organized a roundtable to discuss some of the most pressing issues
within today’s real estate industry. Andrew Baum, professor of land management at the Henley
School of Business, served as the director and moderator of the roundtable, using models from
1990’s Eastern Europe to demonstrate the changes that occur within the real estate industry
during transitional periods similar to the one Egypt is facing. Baum also shared strategies that
can be implemented to overcome difficulties in such challenging times.
EFMD/AABS (European Foundation for Management Development / Association for
African Business Schools) Joint Africa Conference:
Building a Business School in the XXIst Century - The Africa Case, AESE Business School, Lisbon,
Portugal, September 19-21, 2010, attended by Sherine Gad ElMawla, Senior Corporate Relations
Manager.
June 13, 2011
Affordable Housing Forum
With the aim of pushing Egypt
closer to a superior affordable
housing delivery system, this
event brought together experts
from the United States, Mexico
and Turkey to recount their
successful experiences in this
area of development. The event
was also an opportunity to
synergize public and private
sector efforts in establishing
affordable housing in Egypt. Speakers in this forum included the U.S. Affordable Housing Institute,
Mexico’s Infonavit and The Housing Development Administration of Turkey, as well as corporate and
government representatives of real estate sector in Egypt.
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2010 EFMD Executive Education Meeting, Ashridge, UK, October 10-12, 2010, attended by
Ghada Howaidy, Director.
GRI (Global Real Estate Institute) Event, Sharm ElSheikh, Egypt, November 2010, attended
by Ghada Howaidy, Director, Sherine Gad ElMawla, Senior Corporate Relations Manager, Sherine
ElMeshad, Academic Partnerships Manager, and Sabreya ElShoura, the Real Estate Academy
Program Manager.
2010 EFMD Conference in the MENA Region, Dubai, U.A.E 28-30 November 2010, attended
by Sherine ElMeshad, Academic Partnerships Manager.
EFMD Conference on Master Programs, Barcelona, Spain, 13 – 15 Dec 2010, attended by
Sherine Gad ElMawla, Senior Corporate Relations Manager.
4th COMESA (Common Market for Eastern and Southern Africa) Investment Forum,
Dubai to Africa Unlocking the Markets of the Future, March 23-24, 2011, attended by Sherine Gad
ElMawla, Senior Corporate Relations Manager.
AABS Annual Members Meeting, University of Cape Town (UCT), Graduate School of Business, Cape
Town, South Africa, April 2011, attended by Sherine Gad ElMawla, Senior Corporate Relations Manager.
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“Innovative and relevant management education is no longer the
exclusive domain of some Western or Asian business schools.
Under the leadership of Dean Sherif Kamel, the School of Business
of The American University in Cairo is now one of the leading
institutions in the Middle East offering rigorous and relevant
education and training to existing and future executives,
who are the major agents of change and development in the region.”
Gabriel Hawawini
Henry Grunfeld Chaired Professor of Investment Banking and former dean of INSEAD, France and
Singapore; member of the Dean’s Strategic Advisory Board, School of Business, AUC
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Centers and Programs
Access to Knowledge for Development (A2K4D)
October 2010
Access to Knowledge for Development Receives Richard Bartlett Gift
Access to Knowledge for Development (A2K4D) received the Richard Bartlett Gift pledged to
support collaboration between A2K4D and the Information Society Project (ISP) at Yale Law School
for the academic period 2010 through 2013.
May 17 - 20, 2011
Open Africa Innovation Research Workshop
Nagla Rizk participated in the workshop for the Open Africa Innovation Research (AIR) project, organized
by the University of Cape Town and the University of Ottawa held at Cape Town, South Africa. A2K4D has
been selected as the northern hub for Open AIR, and Rizk has been selected as a member of the project’s
steering committee. Participating institutions presented and discussed proposals for case studies on
the project’s various themes. Rizk presented the two proposals by A2K4D and Tunisian affiliates, and
participated in setting the action plan for the next phase of the project.
May 28, 2011
January 18 - 19, 2011
Access to Knowledge Global Academy Founding Members Annual Meeting
Through close collaboration with the Information Society Project (ISP) at Yale Law School and the
Bartlett gift, A2K4D’s free and open source software (FOSS) Arab research team was well represented
at this meeting, held at Cape Town, South Africa, in a session organized by Nagla Rizk, A2K4D’s
director. The session was dedicated to discussing work on this project, sponsored by A2K4D.
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An Egyptian National Open Source Adoption Strategy
A2K4D partnered with the Arab Digital Expression Foundation (ADEF) in hosting an event that
addresses the Egyptian national open source adoption strategy, which is a key research area for
A2K4D and one of the subjects of A2K4D’s first book, Access to Knowledge in Egypt: New
Research on Intellectual Property, Innovation and Development (Bloomsbury Academic,
2010). As the first of a series of planned activities, this event was well-attended by members of
the Egyptian open source community, civil society and government.
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June 15, 2011
July 28 - 31, 2011
A2K4D’s Second Annual Workshop:
Access to Knowledge, Democratizing Technologies and Development
A2K4D Hosts Second Arab Technology Expert Meeting
A2K4D hosted and participated in the second annual meeting for Arab technology experts, a dynamic
and diverse group of software and technology professionals, activists, journalists and economists
from around the Arab world. Participants convened in Cairo to work on a number of current technology
issues related to the Arab Spring, namely harnessing the power of new media in bringing about positive
change and discussing proposals for a number of new projects.
A2K4D’s Second Annual Workshop (June 15, 2011)
A2K4D held its second annual workshop at AUC Tahrir Square, which looked at ways through which
knowledge and technology can intersect to maximize access and democratization – components held
as crucial catalysts for human development. The event was split into two sessions. In the first session,
presenters gave multidisciplinary examples of knowledge democratization through advocacy and
technology tools. The second panel looked at technology democratization, analyzing the struggles of
free and open source software (FOSS) in the Arab world. The panel was comprised of A2K4D’s research
team, which included members from Syria, Morocco, Tunisia, Jordan, Saudi Arabia, Lebanon and Egypt.
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El-Khazindar Business Research and Case Center (KCC)
November 8 - 9, 2010
Abraaj Capital Celebration of Entrepreneurship Conference - WAMDA
Ahmed Tolba, director of El-Khazindar Business Research and Case Center (KCC), represented the
center in announcing KCC’s partnership with Aramex to the media, at WAMDA, Dubai. Through the
partnership, 12 case studies on successful entrepreneurs in the region will be produced.
May 2011
KCC Presentation: Students as Case Writers
Ahmed Tolba conducted a presentation at the Center for Learning and Teaching (CLT) symposium.
Tolba demonstrated to the audience how KCC has adopted an innovative model to engage students
in writing case studies, which has led to a large output of quality cases.
Publications
Long Cases (more than 10 single spaced pages)
Mini Cases (three to five single spaced pages)
KCC has published 13 mini cases this year, in addition to 22 mini cases that are at the editing
stage. These include cases in collaboration with the Gerhart Center, UNDP Egypt, and Aramex. KCC
Partnered with MIT Press to publish a special issue of their journal Innovation, focusing on forprofit entrepreneurship in the MENA region. Sixteen mini cases will be included.
Micro Cases (less than one page)
KCC published 28 micro cases, including 26 profiles of companies and entrepreneurs, in
collaboration with INJAZ Egypt. KCC developed a case study on ElSou2.com to be used at the
Endeavor Egypt competition.
Workshops
Case Writing Workshops
KCC conducted six workshops targeting undergraduate and MBA students, staff at AUC’s John
D. Gerhart Center for Philanthropy and Civic Engagement and United Nations Development
Programme in Egypt.
Cases on Business and Management in the MENA Region: New Trends and Opportunities
– in partnership with IGI Global Publishing and includes 17 cases with teaching notes.
The MENA Journal of Business Case Studies (forthcoming) - in partnership with IBIMA
Case Solving Workshops
KCC conducted three workshops for undergraduate business students, two of which were held by
McKinsey & Company in Dubai.
Publishing. Twelve long cases are currently under review.
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Competitions
November 27, 2010
First Case Solving Competition
November 10, 2010
KCC National Undergraduate Case Writing Competition
KCC announced the top three winners of the competition, which involved participants from The
American University in Cairo, The British University in Egypt and Misr International University.
A total of 24 cases were submitted with 15 cases partially accepted for publication at KCC.
The winning team is presented its award (November 27, 2010)
KCC, in collaboration with McKinsey & Company, organized a case solving competition among business
and economics students. A judging panel of six experts, made up of two McKinsey consultants, one local
consultant and three AUC professors, evaluated team presentations. The winning team, comprised of
business students Ahmed El Refai, Ali Khadr, Dalia Abdel-Latif and Farida Zaky, qualified to compete at
the McGill International Case Solving Competition in Canada in March 2011.
“KCC-McKinsey & Company’s case solving competition was one of the best experiences
a business student could have”
Mahmoud Abdalla, undergraduate business senior participant and third place winner
“The competition was an exceptional opportunity to apply and enhance our problem
solving skills”
Ali Khadr, member of the team that won the competition
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March 22 - 26, 2011
The McGill Management
International
Case
Solving Competition
Four undergraduate students
from the School of Business
at AUC and faculty advisor
Ahmed Tolba participated
in the McGill Management
International Case Solving
Competition (MMICC) for
2011, Montreal, Canada. This
The McGill Management International Case Solving Competition (March
22 - 26, 2011)
participation was part of the
winning prize of the KCC-McKinsey & Company’s case solving competition, which was held at
AUC in November 2010. During the first couple of days, students participated in networking and
cultural activities. As the only MENA region team, AUC students competed against teams from
10 internationally renowned universities in a 24-hour case solving competition. The AUC team
benefited greatly from the overall experience.
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Entrepreneurship and Innovation Program (EIP)
2010 - 2011
Ossama Hassanein appointed Willard W. Brown Chair of International
Business Leadership
Ossama Hassanein, partner at the Rising Tide Fund and chair of TechWadi’s board, was appointed
Willard W. Brown Chair of International Business Leadership for the academic year 2010 - 11.
Hassanein is also a member of the Dean’s Strategic Advisory Board, School of Business, AUC.
His extensive experience in entrepreneurship and vast network of contacts provided the program
with invaluable opportunities to connect with prominent entrepreneurs, angel investors, domain
experts and inspiring role models. Throughout the year, the school planned various programs for
Hassanein to meet with undergraduate students, graduate students, and alumni. Hassanein
also participated in prominent school- wide events, such as MBA debates, Meet the CEO series,
and IT forums, as well as other events organized with business associations and organizations
outside AUC.
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October 26, 2010
TechWadi - AUC School of Business Mentorship Roundtable and Panel
This major entrepreneurship day started with a roundtable discussion for 32 pre-selected young
entrepreneurs who met mentors from TechWadi, Silicon Valley and the region to discuss challenges
and opportunities. The day’s main aim was to build bridges, provide mentoring opportunities to
the country’s aspiring entrepreneurs and promote entrepreneurship in Egypt. In the afternoon,
more than 200 people attended the leadership panel titled “The Promise of Entrepreneurship
for Egypt,” which was open to AUC students, alumni
and business executives. The panel discussed the
role local leaders can and must play to facilitate
a vibrant and thriving ecosystem, and featured
several high-profile panelists such as Wael Ghonim,
head of marketing at Google MENA and as well as
Left to right: Wael Ghoneim, Constantin
TechWadi100 charter members.
Delivanis, and Ossama Hassanein speak in the
panel discussion (October 26, 2010)
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“Entrepreneurship is a key foundation of Egypt’s economic future.
AUC’s School of Business has chosen to bridge the gap between
business education and practice in a very impressive,
ambitious manner.
Driving the ecosystem creation is what we have already seen
in a very short time with tremendous results.”
Nader Iskander
Chief executive officer, Enterprise Mobility Solutions EME;
member of the Entrepreneurship and Innovation Program (EIP) Council,
School of Business, AUC
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Launch of the Alumni Entrepreneurship Interest Chapter
AUC’s Office of Alumni and Trustee Affairs launched the entrepreneurs’ chapter during the TechWadi
panel at Moataz Al Alfi Hall, AUC New Cairo. Chapter leader Tarek Howeidy ’98 gave a speech to
the attendees in which he talked about his entrepreneurial experience and introduced the Loyal for
Life AUCian campaign.
November 3 - 10, 2010
Global Entrepreneurship Week
As a partner in the 2010 Global Entrepreneurship Week (GEW), the School of Business organized an
Entrepreneurship and Innovation Program (EIP) panel for students titled “Learn from Experience:
true successes and failures”; a student workshop by Hatem Azzam, chief executive officer of
Onspec Tawakol for Engineering; a seminar for graduate students titled “An Experience of an
Entrepreneur” by Ashraf Sheta, general manager of Shetatex; a roundtable discussion on teaching
entrepreneurship, which brought together Egyptian faculty from public and private universities;
and a training session on entrepreneurial finance for faculty titled “Creating a University Ecosystem
for Entrepreneurship”, led by Youssef Bassida, emeritus professor of entrepreneurship and family
enterprise at INSEAD and organized with Goldman Sachs 10,000 Women Entrepreneurship and
Leadership Program. Al-Khazindar Business Research and Case Center also held an awards
ceremony for its first national case writing competition, for which entrepreneurship was the theme.
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November 24, 2010
Students In Free Enterprise Egypt Leadership Training
To prepare students to become future leaders, the School of
Business’s EIP hosted the Students in Free Enterprise Egypt (SIFE)
leadership training program, sponsored by Exxon Mobil, which
brought together 700 students from 28 different universities
across Egypt. The day-long training session included workshops
on career networking, professional development and student
leadership. The event focused on helping students acquire
the time management and organizational skills necessary for
success in a highly competitive entrepreneurial marketplace.
Princess Maxima of the Netherlands Lecture
Speaking at AUC in a lecture co-sponsored by the
School of Business, the United Nations and the
Embassy of the Kingdom of the Netherlands, Her
Royal Highness Princess Máxima of the Netherlands
discussed ways to improve financial services for
those most disenfranchised by the current financial
Her Royal Highness Princess Máxima of the
system. Princess Máxima’s visit to AUC coincided with
Netherlands (November 24, 2010)
the announcement of the first guidelines published
by the Egyptian Financial Supervisory Authority (EFSA) to protect Egyptian microcredit borrowers
and lenders. Microcredit industry professionals have hailed this initiative as a considerable
and necessary step forward for microcredit regulation in Egypt. Ziad Bahaa-Eldin, AUC trustee,
alumnus and chair of EFSA, also gave a speech at the event.
Thomas Walter, vice president, Exxon Mobil
(November 21, 2010)
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December 6, 2010
The Financial Services Volunteer Corps Lecture
EIP hosted a lecture titled “How to Prepare for a Good
Loan Package”, given by Dev Strischek, senior credit
policy officer at Sun Trust Bank. This was followed by
a presentation on HSBC’s newly-introduced A’amal package and the Yalla Business Web Portal by
Bassam Azab, assistant general manager of business banking at HSBC Egypt.
December 22, 2010
Arab-Net Roadshow
that tours seven countries in the Middle East with the purpose of developing regional Web content,
services and applications through fostering entrepreneurship. With more than 500 attendees (of
an average age of 23), the Cairo ArabNet Workshop had the highest participation rate among all
ArabNet Roadshow workshops. The event boasted eight speakers, who presented four different
panels/sessions on the legal, financial, entrepreneurial and industry perspectives of a startup.
January 6, 2011
Global Social Venture Competition: The Social Impact Business Plan
The Global Social Venture Competition (GSVC) is the largest and longest-running social business
plan competition providing mentoring, exposure,
and $45,000 in prizes. EIP and GSVC invited
entrepreneurs and MBA students to a discussion
titled “Social Impact Business Plan,” moderated by Ossama Hassanien, Willard W. Brown Chair
of International Business Leadership. The event preceded a presentation on GSVC competition
rules and a networking session. Around 60 participants attended the event and 15 entrepreneurs
presented their ideas, looking for applicants in order to form teams.
Arab-Net Roadshow (December 22, 2010)
EIP hosted the Arab Net Roadshow at AUC Tahrir
Square, a free training workshop on entrepreneurship
in the technology sector, titled Speed up Your Startup.
The ArabNet Roadshow is a free traveling workshop
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January 15, 2011
March 21, 2011
The Alexandria Business Association Event
EIP arranged an informational event on entrepreneurship with the Alexandria Business Association’s
(ABA) Youth Committee. The keynote speaker was Ossama Hassanein, Willard W. Brown Chair of
International Business Leadership. Invitations were extended to entrepreneurs, well-established
business owners and corporate managers, in addition to select fresh graduates from AIESEC and
SIFE International, to attend the occasion. The event offered ABA youth committee members the
opportunity to learn important lessons on the practical components of developing entrepreneurial
projects, and covered topics such as growing businesses, penetrating global markets, fundraising,
access to venture capitalists and introduced the concept of an angel investor. ABAYC has its own
Young Entrepreneur Program (ABA-YEP), which is currently incubating three projects.
AUC School of Business Hosts Egypt Rising Event, in Partnership with TechWadi
In partnership with Techwadi, the
Silicon Valley-based non-profit
organization working to promote
entrepreneurship in the Middle East
and North Africa (MENA) region,
EIP organized the Egypt Rising
event which aimed at stimulating
economic development through entrepreneurship. The event brought together successful Arab
expatriates and leading thinkers in education, business, technology, and health care. The event
targeted four complementary areas that have a direct impact on innovation and entrepreneurship:
health care, mentorship, incubation, and venture capital. The event started with a screening of
videos from Tahrir Square, followed by two speeches by Wael Ghoniem, Google’s marketing executive
who became a leading figure in Egypt’s pro-democracy demonstrations and Jawad Nabulsi, partner
in TTS Lead consulting management firm and partner in Boost Business Incubator.
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Centers and Programs
Curricula and Programs
April 28, 2011
Entrepreneur’s Startup Weekend
EIP and National Net Ventures (N2V) delivered
another business first in Egypt, with the first
Cairo Startup Weekend, an adaptation of a
model developed by Seattle-based nonprofit
StartUpWeekend.org. The 54-hour schedule
of events is designed to mentor and support
Entrepreneur’s Startup Weekend Winning Team
(April 28, 2011)
community entrepreneurs. Cairo’s weekend
boasted 250+ participants, 30+ volunteers, 20+ mentors, six judges, 58 pitches, 32 teams, six
prizes from N2V, including the grand prize and two prizes each from Nokia and Orange, and around
700 viewers on live-streaming.
The event began with a round of networking and brainstorming on Thursday evening. The idea
creators then presented their 60 second open-mic pitch. A pitch had to be good enough to entice
the co-workers needed from the other participants – developer, artist, marketer, system admin and
legal advisor – to join the team. From then on, the teams worked around the clock until the final
presentations on Saturday at 5:00 pm. Teams then presented a proof-of-concept/minimum-viable
product and the business plan, seeking to illustrate convincingly the potential for huge profits. The
event’s partners, notably Sawari Ventures, AmCham and USAID, were on-site throughout the event.
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“It’s about creating a new mindset in the
Egyptian economy. The economy needs
growth, and entrepreneurs are the main
creators of growth.”
Maged Ghoneima, founder of Sponsor
Wireless Stars
“My start-up business was greatly helped
by incubation, so I’m here to help the next
generation of entrepreneurs.”
Mohammed El-Garhi, founder of
basharsoft.com
“When we heard about this event, we
wanted to help and give back to the
community. We want this event to be the
start of the new era in Egypt of celebrating
entrepreneurs. They create most of the
wealth and jobs in an economy.”
Mostafa Abou El Nasr, founder of
bebasata.com, and Khaled Imam, founder
of books.com.eg
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“I’m looking for execution, with strong
business potential. No pie in the sky ideas.”
Omar Christidis, founder of Arab Net, (Judge)
“We’re focused on high-growth start-ups,
facilitating boot-camps, and setting up
business-angel networks. Although ECP is
industry agnostic in general, in Cairo the
spotlight is on hi-tech IT businesses.”
Mike Ducker, from USAID’s Egypt
Competitiveness Project, providers of
technical and financial aid
“Egypt is truly the land of opportunity
right now. This is one of the StartUp
Weekends where I’m leaving the most
inspired. It normally takes organizers 3
or 4 events before they reach the level of
participation, community spirit and energy
Cairo has with its first event.”
Clint Nelsen, from USAID’s Egypt
Competitiveness Project, providers of
technical and financial aid
The School of Business: Annual Report 2010 - 2011
Relevant, Current and Innovative
Centers and Programs
Curricula and Programs
June 5, 2011
June 12, 2011
INJAZ Student Competition
EIP, in partnership with INJAZ Egypt
Foundation, held an event for young
entrepreneurs at AUC New Cairo. The event
pitted two student companies - Oh!Snap”
from the British International School of Cairo
and Ecohusk from Cairo American College.
The two teams competed against each other
for the title of Young Entrepreneurs of the
Year 2011. Cairo American College’s Ecohusk was ultimately chosen to represent INJAZ Egypt
Foundation at the INJAZ Al-Arab annual
regional competition, which will be held
in Dubai. Ecohusk offers a sustainable
and environmentally-friendly business
plan that aims to design and produce a
range of biodegradable products from
rice husks.
EIP - INJAZ Egypt Honor Volunteers at Networking and Feedback Event
EIP and INJAZ Egypt recognized the hard work contributed by volunteers in every INJAZ program with
a networking and feedback event at AUC Tahrir Square. The nearly 200 private-sector volunteers
who came to the event had the opportunity to reflect on their experiences working as volunteers, to
network with colleagues who share a commitment to Egypt’s next generation and to enjoy a great
musical performance by the band Ana Masry.
EIP - INJAZ Egypt Honor Volunteers at Networking and Feedback Event (June 12, 2011)
INJAZ booth at AUC New Cairo (June 5, 2011)
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Centers and Programs
Curricula and Programs
June 2011
LearnServe Egypt
EIP, together with the Institute for Education, launched the 2011 LearnServe Egypt program in an effort to
capitalize on the upswing in interest in entrepreneurship and social development in Egypt. The program’s
objective is to bring together young people from the U.S. and Egypt for the chance to work together in
multi-cultural teams on socially responsible business ideas, while learning about entrepreneurship
and innovation and gaining
practical experience. The
program is conducted over a
six week period; two weeks in
Egypt, two weeks virtually and
the last two weeks in the United
States, culminating with the
three teams presenting their
business ideas to potential
LearnServe Egypt (June 2011)
investors in both Egypt and
the United States. In the U.S., the program is sponsored by the Institute for Education, LearnServe
International, and Mercator XXI, and affiliated with Philadelphia University’s City Science Center and
Lafayette College.
90
“The opportunity to stay at AUC was exceptional and greatly enjoyed by all, as were the speakers
we received from many of the University’s distinguished departments. We would like to thank
AUC’s School of Business for its support of this incredible new program where all of us have
learned more than we thought possible in the past six weeks. We all had an amazing experience
at AUC and have every intention to return in the future.”
Siler Bryan, Zaina Egyptian Handicrafts
(and Nada Hamada, Skyla Lilly, Omar Abdel Maksoud)
“It was great visiting AUC’s wonderful campus and experiencing the vibrancy of Egypt. We had
a tremendous time.”
Cornelius Queen, John Hophins University, Bachelor of Arts in International Studies Class of 2011
(and Ali Darwish, Reem Shalaby, Jordan D’Eri)
“The team which has gotten the most sizeable fund from venture capitalists included myself
as well as another junior business administration (finance) student from AUC. The School of
Business’ vision of positioning our University at the forefront of leadership, entrepreneurship and
innovation in Egypt as well as the entire region is, without a doubt, working beautifully. Students
of the school stand as a testimony to this and to the effort of the entire School of Business faculty.”
Farida Kamel, Luna Yuan, Michael Klemens, Abderahman Khalifa
The management team at Ratum Technologies
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Curricula and Programs
June 2011
Startup Summer Camp
Nokia Session at Startup Summer Camp (June 2011)
In partnership with a large group of volunteering entrepreneurs and SAS, the Technology Innovation
and Entrepreneurship Center (TIEC), TechWadi, and the EU-Tempus, EIP started the Startup
Summer Camp to boost entrepreneurship awareness in Egyptian society and provide training,
mentorship and guidance to aspiring entrepreneurs. The camp was held in more than 10 cities
across Egypt, and incorporated a wide range of areas such as the medical, energy, and engineering
fields.The program is highly competitive with only 300 participants selected from a pool of 1,200
applicants. It consisted of a two-week training program, in which participants received training to
help them create their business plans. Google, Nokia, Microsoft, and Arpu+ held networking events
to mingle with mentors and help them choose their teams. Teams are to present their business
plans and prototype in October 2011.
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Strategic
GOALS
Promoting Excellence in Teaching,
Research and Intellectual Contribution
Promoting Excellence in Teaching,
Faculty Development Funds
Research and Intellectual Contribution
Faculty Development Funds
Faculty Research Development Fund
The Faculty Research Development Fund (FRDF) is dedicated to promoting excellence in research
and quality publications, and to support faculty research endeavors. FRDF Award, a financial
award dispensed from FRDF, is presented to facutly members for exceptional contribution to the
intellectual life and to the quality of research output of the School of Business.
Faculty Teaching Development Fund
The Faculty Teaching Development Fund (FTDF) was founded to ensure that faculty members are
continuously exposed to recent developments in their disciplines and that their knowledge and
skills are regularly updated and developed.
Recipients of Faculty Research Development Fund Awards (2011)
These were awarded to faculty members with exceptional contributions to the quality of the school’s
research output. Awards were announced at the School of Business retreat on May 7, 2011.
“After setting the clear vision, this past year was that of action
to execute the vision.
Monal Abdel Baki ’83 ’88, assistant professor of economics
The execution relied on both hard work and teamwork. The
vision started to materialize like a Polaroid picture that reveals
itself in front of you; every detail that appeared confirmed that
the vision was not just a dream.
Islam Azzam ’98, associate chair of the Department of Management, assistant professor of finance
Khaled Dahawy ’90, associate professor of accounting, director of the MBA Programs
Dilip Ghosh, professor of finance
Mohamed Hegazy, professor of accounting
The determination of the faculty under the leadership of Dean Sherif Kamel has
turned that dream into reality.”
Maha Mourad ’95 ’99, assistant professor of marketing
Adel Danish
Mona Said ’89 ’91, assistant professor of economics
Khaled Samaha, assistant professor of accounting
Chair and chief executive officer, Xceed; chair of the Dean’s Strategic Advisory Board,
School of Business, AUC
Abdelkrim Seghir, associate chair of the Department of Economics, assistant professor of economics
Angie Zaher ’00, assistant professor of accounting
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Promoting Excellence in Teaching,
Faculty Awards
Research and Intellectual Contribution
Faculty Awards
Mohga Badran Receives Distinguished Service Award
Mohga Badran ’72 ’75, chair of the Department of
Management and professor of management, was
awarded the Distinguished Service Award by the
University Senate for her 25 years of service at AUC.
Ministry of Higher Education Recognizes Entrepreneurial Expert Tarek Hatem
Tarek Hatem, professor of management, has been selected to join a prestigious
Dean of School of Business Tapped for Technology Honor
Sherif Kamel ’87 ’90, dean of the School of Business,
was honored by the Cabinet of Egypt Information
and Decision Support Center (IDSC) for his 14 years
of leadership at the organization. The award was
given by Prime Minister of Egypt Ahmed Nazif on
the 25th anniversary of the establishment of IDSC.
Kamel, who worked at IDSC from 1987 to 2000, began
as a research assistant immediately after his graduation from AUC. He eventually became the
founding manager of the organization’s training department. During his time leading the training
department, the department trained more than 100,000 government employees, a task which
amounted to millions of training hours logged.
national committee charged with preparing Egyptian students for the competitive
global marketplace by developing their innovation and entrepreneurial skills.
The National Committee for the Development of Entrepreneurship Curriculum
in Egyptian Public Universities, which convened for the first time in early
September 2010, includes faculties from several Egyptian universities and
representatives of the Middle East Council of Small Business and Entrepreneurship. It is chaired by the
advisor of the Ministry of Higher Education for International Cooperation.
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Faculty Awards
Research and Intellectual Contribution
December 12, 2011
May 3, 2011
The Fall Undergraduate Honors Assembly
Distinguished Faculty Award
Graduate Honors Assembly
Faculty Appreciation Award
William Mikhail,
Professor of
Economics
Samir Youssef,
Professor of
Management and
International
Business
Shawki Farag, Chair of the Department of Accounting and Professor of Accounting
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Faculty Awards
Research and Intellectual Contribution
May 8, 2011
The Spring 2011 Undergraduate Honors Assembly
Excellence in Service Award
Nagla Rizk ’83 ’87,
Director of Access to Knowledge for
Development Center,
Associate Dean for Graduate Studies
and Research and Associate Professor
of Economics
Excellence in
Teaching Award
Ahmed Kamaly ’91 ’95,
Chair of the Department
of Economics
Associate Professor
of Economics
Appreciation Award
Late Wafik Younan,
Excellence in
Research Award
Karim Seghir,
Associate Chair of the
Department of Economics
and Assistant Professor
of Economics
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Associate Professor of Economics
(Award received by his daughter)
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Faculty Awards
Research and Intellectual Contribution
May 7, 2011
School of Business Retreat
Certificates for Distinguished Efforts
Ahmed Abdel-Meguid, assistant professor of accounting
Galal Amin Retires After 44 Years of Teaching
After 44 years of instruction, AUC bid farewell to Galal Amin, a distinguished professor, prominent
economist and prolific writer. Amin, who retired in Summer 2010, has taught different economics
courses at AUC since 1979 including Introduction to Microeconomics, Economic Development,
Philosophy of Economics, and History of Economic Thought.
Mohamed Al Ississ, assistant professor of economics
“I have been a teacher at AUC’s School of Business for about
half a century.
Khaled Dahawy ’90, associate professor of accounting and director of the MBA program
Hamed Shamma ’99 ’02, assistant professor of marketing
The first time I taught there was in 1966, and I became
professor emeritus a few months ago. That makes my
association with AUC’s business school longer than two thirds
of my life and as much as four-fifths of all my working years.
Ahmed Tolba ’97 ’01, assistant professor of marketing and director of El-Khazindar Business
Research and Case Center
I must say how grateful I am to this school, its teachers, students, and
administrators for allowing me to lead a very happy and productive life for so
many years.
Medhat Hassanein, Professor of Finance and
Banking and Egypt’s former Minister of Finance
Hassanein, who has been the chair of the Council of
the School of Business from 2009 to 2011, has been
reelected for the 2011 to 2013 term.
They gave me intellectual stimulation, warmth of feeling, and sufficient comfort
to enable me to concentrate on academic work. It gives me pleasure to have this
opportunity to express my gratitude.”
Galal Amin
Emeritus Professor, Department of Economics,
School of Business, AUC
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Promoting Excellence in Teaching,
Samples of Faculty Publications and Participation
in Regional and International Events
Research and Intellectual Contribution
Monal Abdel Baki ’83 ’88, assistant professor of economics
Publications
Refereed Journal Articles
Abdel-Baki, M. (2011). “Efficacy of the Egyptian Bank Reform Plan in Mitigating the Impact of the
Global Financial Crisis”. Economic Change and Restructuring, 44 (3), 221-241.
Abdel-Baki, M. (2011). “Egyptian Welfare through an Egalitarian Socioeconomic Approach”.
International Economic and Finance Journal, 6 (1).
Abdel-Baki, M. (2011). “Food Security Enhancement through Subsidy Reforms: An Empirical
Application to Egypt”. International Journal of Economic Issues , 4 (1), 79-101.
Abdel-Baki, M. (2011). “The Effect of Bank Reforms and Regulation on Cost Efficiency in Emerging
Economies: A Comparative Analysis of Egypt and Turkey”. International Journal of Economic
Book Chapters
Abdel-Baki, M. (2011). “Development and investment in emerging markets: A real estate financial
analysis of Egypt”. In D. Hartzell, and A. Baum, Global Property Investment Strategies,
Structures and Decisions. London: Wiley Blackwell.
Refereed Papers in Conference Proceedings
Abdel-Baki, M. (2011). “Assessing the Efficacy of Basel III for Emerging Economies in Turmoil:
Application to Egypt and Tunisia”. International Conference on ‘Global Trends in Finance’
Association for Sustainable Education, Research and Science. October 25, 2011.
Abdel-Baki, M. (2011). “The Costs and Benefits of Implementing Basel III in Emerging Economies”.
International Congress of International Institute of Administrative Sciences. Lausanne,
Switzerland. July 4 - 8, 2011.
Policy in Emerging Economies, 4 (3), 227-244.
Abdel-Baki, M., and Dorasamy, N. (2011). “The Efficacy of Personal Income Tax Reforms In African
Emerging Economies: A Comparison of Egypt and South Africa”. EuroConference 2011: Crises
Abdel-Baki, M., Kosteyk, M., and Govorun, D. (2011). “Will the Proposed Regulatory Reforms by
the Basel Committee Improve Economic Performance in Emerging Economies? An Empirical
Application to Egypt and Ukraine”. Corporate Ownership and Control, 8 (2), 14-29.
and Recovery in Emerging Markets. Izmir, Turkey. June 27 - 30, 2011.
Book Review
Abdel-Baki, M. (2011). “Building Prosperity: Housing and Economic Development-Book Review”.
International Journal of Social Economics, 35 (5), 492-493.
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(in alphabetical order)
Abdel-Baki, M. (2011). “How Can Monetary Policy Alleviate Housing Shortages? An Empirical
Application to Egypt and South Africa”. The International Academy of Business and Public
Administration Disciplines (IABPAD) Conference. Orlando, Florida. January, 2011.
Abdel-Baki, M. (2011). “Alternative Methods of Enhancing Fiscal Policy Performance in African
Emerging Economies: A Comparative Analysis of Egypt and South Africa”. The International
Academy of Business and Public Administration Disciplines (IABPAD) Conference.
Orlando, Florida. January, 2011.
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Samples of Faculty Publications and Participation
in Regional and International Events
Research and Intellectual Contribution
Events
Delivered a public lecture titled “Corporate Governance: The Black Swan of Basel III”. A public
presentation delivered at the Banking Academy of the National Bank of Ukraine, Sumy, Ukraine, November 2010.
Delivered a public lecture titled “Costs and Gains to Emerging Market Economies of Basel III,”
a public presentation delivered at the Annual Conference of the National Bank of Ukraine, Kiev,
Ukraine, November 2010.
Abdel-Meguid, A., Fernando, G. D., and Elder, R. J. (2010). “Audit quality attributes, client size and
cost of equity capital”. Review of Accounting and Finance, 4 (9), 363-381.
Abdel-Meguid, A., Samaha, K., and Dahawy, K. “Preliminary Evidence on the Relationship between
Corporate Governance Attributes and Audit Committee Functionality in Egypt: Beyond Checking the
Box”. Corporate Governance: The International Journal of Business in Society. Accepted
and forthcoming in Vol. 14, Issue 2, 2014.
Delivered a public lecture titled “A Cost-Benefit Analysis of Basel III on Emerging Economies”,
presented at the South African Reserve Bank in Pretoria, December 2010.
Abdel-Meguid, A., Samaha, K., Dahawy, K., and Abdallah, S. “Board of Directors’ Structure,
Ownership Structure and Corporate Internet Reporting Propensity and Comprehensiveness:
Evidence from the Egyptian Stock Exchange”. International Journal of Accounting and
Information Management. Accepted and forthcoming in Vol. 20, Issue 1, 2012.
Ahmed Abdel-Meguid, assistant professor of accounting
Events
Publications
Presented a research paper at the 34th European Accounting Association (EAA) Annual Congress,
Luiss Guido Carli University, Rome, Italy, April 20 – 22, 2011.
Refereed Journal Articles:
Abdel-Meguid, A. “Auditor Industry Specialization in a MENA Region Country: Lessons learnt from
PricewaterhouseCoopers – Egypt”. Emerland Emerging Markets Case Studies. Accepted
and Forthcoming.
Abdel-Meguid, A., Ahmed, A. S., and Duellman, S. “Auditor independence, corporate governance
and aggressive financial reporting: an empirical analysis”. Journal of Management and
Governance. Accepted and forthcoming.
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(in alphabetical order)
Participated in the 2011 PRME Summit, “Partnership in Responsibility: Embedding PRME in Support
of the Corporation of the 21st Century,” organized by Principles for Responsible Management
Education (PRME) and the European Foundation for Management Development (EFMD), Brussels,
Belgium, June 7 - 8, 2011.
Participated in the Association to Advance Collegiate Schools of Business (AACSB International)
Sustainability Conference, North Carolina, USA, June 15 –17, 2011.
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Promoting Excellence in Teaching,
Samples of Faculty Publications and Participation
in Regional and International Events
Research and Intellectual Contribution
(in alphabetical order)
Angie Abdel Zaher ’00, assistant professor of accounting
Mohga Badran ’72 ’75, chair of the Department of Management and professor of
management
Publications
Refereed Journal Articles:
Abdel Zaher, A. (2011). “Institutional Ownership Influences and Executive Incentives”.
International Research Journal of Applied Finance, 2 (5). www.irjaf.com
Events:
Presented a paper titled “West Meets (Middle) East: Psychological Capital and Job Satisfaction”,
by Mohga Badran and Carolyn Youssef, at the Academy of Management’s annual meeting, San
Antonio Texas, August 12-16, 2011.
Ghosh, D., Ghosh, D., and Abdel Zaher, A.. (2011). “Business, Ethics, and Profit: Are they Compatible
under Corporate Governance in our Global Economy?” Global Finance Journal, 22 (1), 72-79.
http://www.sciencedirect.com/science/article/pii/S1044028311000081
Chang, C., Dandapani, K., Ghosh, D., and Abdel Zaher, A. (2011). “Possible Solution for the
Foreclosure Crisis: 40-Year GPM”. International Journal of Business, 16 (1), 103.
Chakraborty, A., Sheikh, S., and Abdel Zaher, A. (2011). “Option Based Compensation, CEO Turnover
and Corporate Governance”. International Journal of Finance, 23 (1). Forthcoming.
Events
Participated in an auditing session titled The Association between Audit Opinion and Executive
Turnover at The American Accounting Association’s (AAA) 2011 southeast region meeting, Destin,
Florida, the United States, April 7-9, 2011.
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Samples of Faculty Publications and Participation
in Regional and International Events
Research and Intellectual Contribution
Khaled Dahawy ’90, Director of the MBA Programs and associate
professor of accounting
Publications
Refereed Journal Articles:
Abdel-Meguid, A., Samaha, K., and Dahawy, K. “Preliminary Evidence on the Relationship between
Corporate Governance Attributes and Audit Committee Functionality in Egypt: Beyond Checking the
Box”. Corporate Governance: The International Journal of Business in Society. Accepted
and forthcoming in Vol. 14, Issue 2, 2014.
Samaha, K., Dahawy, K., Abdel-Meguid, A., and Abdallah, S. “Board of Directors’ Structure,
Ownership Structure and Corporate Internet Reporting Propensity and Comprehensiveness:
Evidence from the Egyptian Stock Exchange”. International Journal of Accounting and
(in alphabetical order)
Dahawy, K., and El Nashar, T. “The Effect of Earnings Based Analysis’ Change Over Financial
Analysts’ Investment Decisions in Egypt”. Journal of Economics and Accounting. Accepted
and forthcoming in 2012.
Dahawy, K., Shehata, N., and Ransopher, T. “The State of Accounting in Egypt: A Case”. Journal
of Business Cases and Applications. Accepted and forthcoming in 2012.
Dahawy, K., and Samaha, K. (2011). “An Empirical Analysis of Corporate Governance Structures
and Voluntary Corporate Disclosure in Volatile Capital Markets: the Egyptian Experience”.
International Journal of Accounting, Auditing and Performance Evaluation (IJAAPE),
Special issue on Financial reporting, Transparency, and Corporate Governance: Issues
in volatile international markets, 7 (1/2), 61-93.
Information Management. Accepted and Forthcoming in Vol. 20, Issue 1, 2012.
Dahawy, K., Samaha, K., Stapleton, P., and Hussainy, K. “The Extent of Corporate Governance
Disclosure and Its Determinants in a Developing Market: The Case of Egypt”. Advances in
Dahawy, K., and Samaha, K. (2010). “An Investigation of the Views and Perceptions of External
Users of Corporate Annual Reports in Emerging Economies: the case of Egypt”. International
Journal of Accounting and Finance (IJAF), 2 (3/4), 331–367.
Accounting Incorporating Advances in International Accounting. Accepted and
forthcoming in Vol. 28, Issue 1, 2012.
Samaha, K., Dahawy, K., Stapleton, P., and Hussainy, K. “The Extent of Corporate Governance
Disclosure and Its Determinants in a Developing Market: The Case of Egypt”. Advances in
Samaha, K. , and Dahawy, K. (2010). “Factors Influencing Corporate Disclosure Transparency in the
Active Share Trading Firms: An Explanatory Study”. (M. Tsamenyi, and S. Uddin, Eds.) Research in
Accounting in Emerging Economies, 10, 87-118.
Accounting Incorporating Advances in International Accounting. Accepted and
forthcoming in 2012.
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Book Chapters
Dahawy, K., and Samaha, K. (2010). “Blending Information and Communication Technology (ICT)
with an Accounting System: The Case of the Egyptian International Motors Company (EIM)”. In
Cases on Businesses in the MENA Region: New Trends and Opportunities (pp. 1-9).
Hershey: Published by IGI Global. http://www.igi-global.com/bookstore/chapter.aspx?titleid=54982
Dahawy, K., and Samaha, K. (2010). “Information System Strategy Development and
Implementation in the Egyptian Small and Medium Construction Enterprises”. In E-Strategies
for Technological Diffusion and Adoption: National ICT Approaches for Socioeconomic
Development (p. Chapter 5). Hershey: IGI Global for Publication.
http://www.igi-global.com/bookstore/chapter.aspx?titleid=44302
Dahawy, K. (2010). “Strategy of Accounting Automotation: The Case of the Egyptian International
Motors Company”. In E-Strategies for Technological Diffusion and Adoption: National ICT
(in alphabetical order)
Events
Speaker at the 2nd Gulf Council Accountants Conference, Kuwait, December 1 - 2, 2010. Paper
presented by Dahawy, K. Samaha, K. Abdel-Meguid, A and Abdallah, S. “Corporate Governance and
Internet Reporting: The Egyptian Story”.
Attended the European Foundation for Management Development (EFMD) MBA Conference, Paris,
France, March 16-18, 2011.
Speaker at the 34th European Accounting Association Conference, Rome, Italy, April 20 - 22, 2011.
Papers presented by Dahawy, K., Samaha, K., and Husseiny, K. “Internal Control Mechanisms and
Corporate Narrative Reporting in listed Egyptian Companies: the Case of EGX 100.” Dahawy, K.,
Samaha, K., Abdel-Meguid, A., and Abdallah, Sara. “Association Between Corporate Governance
Structure and Corporate Internet Reporting: Evidence on the Propensity and Comprehensiveness in
Listed Egyptian Firms” Dahawy, K., Shehata, N., and Ransopher, T. “The State of Accounting in Egypt.”
Approaches for Socioeconomic Development. Hershey: IGI Global for Publication.
Attended the Association of MBAs (AMBA) Conference, Geneva, Switzerland, May 25 - 27, 2011.
Dahawy, K., Shehata, N., and Ismail, T. (2010). “Firm Characteristics Determinants and Disclosure
Level in Emerging Market of Egypt”. In T. Ismail (Ed.), Perspectives in Accounting Practices:
Corporate Disclosure, Performance, Governance and Risk Management (pp. 17-62).
Germany: VDM Publishing House Ltd.
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Attended the European Case Clearing House (ECCH) Teaching with Cases Workshop, London,
United Kingdom, June 29 – July 2, 2011.
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Research and Intellectual Contribution
Hala El-Ramly ’85, associate professor of economics
Events
Participant and discussant at the 31st Annual Conference of the Middle East Economic Association
held in conjunction with the 2011 Annual Convention of the Allied Social Science Associations
(ASSA), Denver, Colorado, United States, January 6 - 9, 2011.
(in alphabetical order)
The Late Stephen Everhart, associate dean for undergraduate studies
and administration
Events
Served on the opening plenary at the AACSB Annual Accreditation Conference, delivering a talk on
“The Value of International Accreditation”, Houston, Texas, United States, October 2010.
Visiting researcher in the Economics Department of the University of Houston, Texas, United States,
April – May 2011.
Served on the opening plenary at the UN Global
Challenges Forum, delivering a talk on “The Impact
of Corruption on Emerging Market Capital Flows,”
Geneva, Switzerland, November 15 - 16, 2010.
Abeer ElShennawy’92, assistant professor of economics
Attended the EFMD Annual Accreditation Conference,
Dubai, U.A.E., December 2010.
Events
Participated at the FEMISE Annual Conference, Rome, Italy, November 23 - 24, 2010.
Economic Research Conference on Environmental Challenges in the MENA region, Casablanca,
Morocco, November 27 - 28, 2010. Presented a paper titled “Is There a Triple Dividend Effect From
a Tax On Fertilizer Use? A Computable General Equilibrium Approach”.
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Attended the American Economic Association and American Finance Association Annual
Meetings, Denver, Colorado, United States, January 2011.
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in Regional and International Events
Research and Intellectual Contribution
(in alphabetical order)
Attended the Association of University Technology Managers Annual Meeting, Las Vegas,
Nevada, United States, February 2011.
Roundtable participant for the World Bank-IFC’s Education for Employment (e4e) simulcast,
Washington, D.C., United States, March 2011.
AUC’s School of Business Mourns Associate Dean Stephen Everhart
Sadly, Professor Everhart was killed on Thursday, June 23, 2011 in Baghdad
Attended the AACSB ICAM-Annual Meeting in New York City, USA, April 2011.
when a bomb exploded near his car as he was returning to the U.S. Embassy
compound after meetings at a Baghdad university. Once exams were finished
Attended the NAFSA annual meeting as part of the AUC delegation, Vancouver, Canada, May 2011.
for the spring semester, former Associate Dean Steve Everhart headed off to
Baghdad to teach the basics of The Association to Advance Collegiate Schools
Served on the opening plenary at the CIBER Annual Conference delivering a talk on
“International Institutions Deans’ Perspectives on Study Abroad - Inbound and Outbound,”
Vancouver, Canada, May 2011.
of Business (AACSB) accreditation at a daylong USAID sponsored event
attended by 40 Iraqi business school deans and administrators, plus senior
members of the Minister of Higher Education’s advisory staff. This initiative
Gave an invited talk on “Building an American-Style Business School in Emerging Markets” at
the Tan Tao University, Ho Chi Minh City, Vietnam, May 2011.
is part of a larger USAID program designed to propose specific upgrades to
the current Iraqi curriculum in finance and banking, designed to raise them
to international standards. AUC remembers Stephen Everhart as a remarkable
As a guest of the USAID Iraq program, Baghdad, Iraq, June 2011, visited
Al-Mansour University-College of Business, delivering a talk on “The Value of International
Accreditation.” The University of Baghdad’s College of Business, delivering a talk on “Accreditation
Basics-From National Initiatives to International Bodies.”
118
and driven scholar, intent upon raising the bar for business education and
entrepreneurship in Egypt and other developing nations.
119
The School of Business: Annual Report 2010 - 2011
Promoting Excellence in Teaching,
Samples of Faculty Publications and Participation
in Regional and International Events
Research and Intellectual Contribution
(in alphabetical order)
Shawki Farag, chair of the Department of Accounting and professor of accounting
Steven Formaneck, assistant professor of operations management
Publications
Publications
Refereed Papers in Conference Proceedings
Farag, S. (2011). “Egypt: Poverty, Employment and the Social Fund”. International Conference
on Banking and Finance Perspectives. Famagusta, North Cyprus, April 13 – 15, 2011.
Refereed Papers in Conference Proceedings
Formaneck, S. D. (2011). “Development of a Hierarchical Decision Method for Both Multiple
Uncertain Decision Problems and Problems with Continuous Decision States and Infinite or
Continuous Decision Solutions”. Proceedings of The International Conference and Exhibition
on Knowledge-Based Business, Industry and Education (KBIE), January 2011.
Farag, S. (2011). “Student Perceptions, Engagement and Motivation”. The American Accounting
Association 2011 Annual Meeting, Denver, Colorado, United States, August 6 – 10, 2011.
Formaneck, S. D. (2011). “Human Resource Management Decision-Making Using a Constrained
Shortest Path Approach”. Proceedings of The International Conference and Exhibition on
Knowledge-Based Business, Industry and Education (KBIE), January 2011.
Farag, S., and Vovchunk, N. (2010). “Accounting education and qualification in Egypt and the
Ukraine”. The 2nd Balkans and Middle East Countries Conference on Auditing and
Accounting History. Istanbul, Turkey, September 15 – 20, 2010.
Formaneck, S. D. (2011). “Technology and the Growth of the Manufacturing Firm”. Proceedings of
the IEEE International Technology Management Conference (ITMC), June 2011.
Events
Speaker and paper presenter at the 2nd Balkans ad Middle East Countries Conference on Auditing
and Accounting History, Istanbul, Turkey, September 15 – 18, 2010.
Formaneck, S. D. (2011). “The Use of Mathematical Software in Undergraduate Education”.
Proceedings of The International Conference and Exhibition on Knowledge-Based
Business, Industry and Education (KBIE), January 2011.
Published interview in the Turkish Paper Turquoise Daily News, September 18, 2010.
Events
Speaker and paper presenter at The First International Conference on Banking and Finance
Perspectives (ICBFP 2011), Famagusta, North Cyprus, April 13 - 15, 2011.
Presented paper titled “Technology and the Growth of the Manufacturing Firm”, at IEEE International
Technology Management Conference (ITMC), United States, June 27 - 30, 2011.
Speaker at the Illinois International Accounting Symposium 2011, held jointly with the
University of Macedonia, Thessaloniki, Greece, June 23 - 25, 2011.
Participated at The International Conference and Exhibition on Knowledge-Based Business, Industry
and Education (KBIE), Bahrain, January 8 - 10, 2011. Presented papers titled “Development of
a Hierarchical Decision Method for Both Multiple Uncertain Decision Problems and Problems
with Continuous Decision States and Infinite or Continuous Decision Solutions”, “The Use of
Mathematical Software in Undergraduate Education”, “Human Resource Management DecisionMaking Using a Constrained Shortest Path Approach”.
Speaker, discussant, and chair at the American Accounting Association’s 2011 Annual Meeting,
Denver, Colorado, United States, August 6 - 10, 2011.
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121
The School of Business: Annual Report 2010 - 2011
Promoting Excellence in Teaching,
Research and Intellectual Contribution
Tarek Hatem, professor of management
Publications
Book Chapters
Hatem, T., and Metwally, E. (2011). “Key Determinants of Successful Implementation of IT in
International Commercial Bank (ICB): The Case of Egypt.” In S. Abdallah, and F. Albadri (Eds.),
on ICT Acceptance, Investment and Organization: Cultural Practices and Values in the
Arab World. IGI Global. http://www.igi-global.com/bookstore/Chapter.aspx?TitleId=48334
Events
Participated in the Global Consortium of Entrepreneurship Conference GCEC 2010, Penn State,
University Park, PA, October 21 - 23, 2010.
Participated at the Best Practices in Entrepreneurship Policy (B-PEP), Arab regional conference of
practitioners and scholars, Dubai, November 7 - 8, 2010.
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123
The School of Business: Annual Report 2010 - 2011
Promoting Excellence in Teaching,
Samples of Faculty Publications and Participation
in Regional and International Events
Research and Intellectual Contribution
Mohamed Hegazy, professor of accounting
Publications
Refereed Journal Articles
Hegazy, M., and Al-Ghanem, W. (2011). “Empirical Analysis of Audit Delays and Timeliness of
Corporate Financial Reporting in Kuwait”. Eurasia Business Review, 1 (1), 73-90.
Hegazy, M., and El Nahass, M. (2011, May-June). “An Analysis of Multi-location Audit Risk Factors
and the Improvement of the Audit Process: An Empirical Study”. International Journal of
Academic Research: Economics and Engineering.
Hegazy, M., and Hegazy, K. (2010). “Corporate Governance in the U.K: Audit Committees and
Disclosure Arrangements”. Journal of Business Studies Quarterly, 1 (2), 32-55.
(in alphabetical order)
Hegazy, M., Bremer, J., and Sabry, A. (2011, September). “Improving audit committee performance
in the Middle East: do Egyptian audit profession norms support international standards”.
International Journal of Corporate Governance and Ethics.
Book
Hegazy, M. (2011). The Expert AOF: A Rule Based Expert System for Audit Opinion
Formation. Lambert Academic Publishing AG and Co (LAP).
Book Chapters
Hegazy, M., and Hegazy, K. (2011). “Accounting and Auditing of Derivatives: the Case of Maridive Oil
Services”. In Cases on Businesses in the MENA Region: New Trends and Opportunities. IGI Global.
Hegazy, M. (2010). “Worldwide Business Tax Guide-Egypt”. Australia: CCH- A Wolters Klumer Business.
Hegazy, M., and Kamer, N. (2010). “A Critical Analysis of Auditors’ Perception of the Impact of
Section 404 of the Sarbanes Oxley Act on Audit Quality: An Egyptian Perspective”. Afro Asian
Journal of Finance and Accounting (AAJFA), 2 (2), 154-182.
Hegazy, M., and Hamdy, R. (2010). “The Role of Computer Mediated Communication Modes in
Enhancing Audit Quality: An Empirical Study”. In D. V. Godara (Ed.), Pervasive Computing for
Business: Trends and Applications. IGI Global.
Hegazy, M., and Kassem, R. (2011). “Detecting Financial Statements Fraud: the Case of Egypt”.
Hegazy, M., and Kassem, R. (2010). “Fraudulent Financial Reporting: Do red flags really help?”
International Journal of Academic Research: Economics and Engineering, 4, 69- 79.
Refereed Papers in Conference Proceedings
Hegazy, M., and Youssef, R. (2011). “Determinants of Corporate Disclosure in the Board of
Directors’ Report: Evidence from Egypt”. The American Accounting Association Conference
proceedings 2011 “Engage to Make a Difference”. Denver, August 5 – 10, 2011.
Hegazy, M., and Samaha, K. (2010). “An empirical investigation of the use of ISA 520 “analytical
procedures” among Big 4 versus non-big 4 audit firms in Egypt”. Managerial Auditing Journal,
25 (9), 882-911.
Hegazy, M., and Fakry, M. (2011). “External Auditors and Improper Revenue Recognition: The Case
of Egypt”. Eurasia Business and Economics Society (EBES) 2011, (p. 68). Istanbul, Turkey,
June 1 – 3, 2011.
Journal of Modern Accounting and Auditing.
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The School of Business: Annual Report 2010 - 2011
Promoting Excellence in Teaching,
Samples of Faculty Publications and Participation
in Regional and International Events
Research and Intellectual Contribution
Hegazy, M., and Hegazy, S. (2011). “Key Financial Performance Indicators Benchmarking Model for
U.K Construction Companies”. Proceedings of the 34th Annual Congress of the European
Accounting Association, (p. 338). Rome.
Hegazy, M., and Kassem, R. (2010). “Fraud Detection: Do Red Flags Really Help External Auditors in
detecting Financial Statement Fraud”. The Proceedings of Eurasia Business and Economics
Society 2010 Conference, (p. 61). Istanbul, May 26 – 28, 2010.
Hegazy, M., and Al-Ghanem, W. (2010). “Empirical Analysis of Audit Delays and Timeliness of
Corporate Financial Reporting in Kuwait”. Proceedings of Eurasia Business and Economics
Society (EBES) Conference, (p. 64).
Hegazy, M., and Hegazy, K. (2010). “A Web-Based Analysis of U.K Listed Companies Compliance
with the Combined Code of Corporate Governance: Audit Committee and Disclosure Arrangements”.
Proceedings of the 33rd Annual Congress of the European Accounting Association, (p.
191). Istanbul, May 19 – 21, 2010.
126
(in alphabetical order)
Events
Presented a research paper titled “The Development of Key Financial Performance Indicators for
UK Construction Companies” at the European Accounting Association 34th Annual Congress, Luis
University, Rome, Italy, April 21 - 23, 2011.
Presented a research paper titled “External Auditors and Improper Revenue Recognition: the Case
of Egypt” and chair of two sessions on June 2, 2011, in relation to accounting
and auditing papers presented: Eurasia Business and Economic Society 2011 Conference,
Istanbul, Turkey, June 1 - 3, 2011.
Presented a research paper titled “Determinants of Corporate Disclosure in the Boards of Directors:
Evidence from Egypt” at the American Accounting Association 2011 Annual Conference, Denver,
Colorado, August 6 - 10, 2011.
127
The School of Business: Annual Report 2010 - 2011
Promoting Excellence in Teaching,
Research and Intellectual Contribution
Ahmed Kamaly ’91 ’95, chair of the Department of Economics and associate
professor of economics
Publications
Refereed Journal Articles
Kamaly, A. (2011, October). “Inward FDI in Egypt and its policy context”. Columbia FDI Profiles.
Refereed Papers in Conference Proceedings
Kamaly, A., Khorshid, M., Lofgren, H., and Abou El-Eenein, S. (2010). “Analysis of the Millennium
Development Goals for Egypt - Using an Extended Economy Wide Simulation Model”. The
EcoMod2010 Conference. Istanbul.
Book Chapter
Kamaly, A., Khorshid, M., El-Laithy, H., and Abou El-Enein, S. Egypt. In M. V. Sánchez, and R.
Vos (Eds.), “Financing Human Development in Africa, Asia and the Middle East”. F
orthcoming.
Events
Presenter and discussant in the Third Euro-African Conference in Finance and Economics,
University of Sorbonne, June 2010.
Invitee and a participant in the tenth Arab Planning Institute International Conference on financing
development, Beirut, Lebanon, April 2011.
128
Promoting Excellence in Teaching,
Samples of Faculty Publications and Participation
in Regional and International Events
Research and Intellectual Contribution
Sherif Kamel ’87 ’90, dean of the School of Business
Publications
Refereed Journal Articles
Abdelghaffar, H., Kamel, S., and Duquenoy, P. (2010). “Studying eGovernment Trust in Developing
Nations: A Case of University and Colleges Admissions and Services in Egypt”. Communications
of the IIMA, 10 (2), 93-106.
Refereed Edited Books
Kamel, S. (Ed.). (2010). E-Strategies for Technological Diffusion and Adoption: National
ICT Approaches for Socioeconomic Development. Hershey: Idea Group Publishing.
Refereed Book Chapters
Kamel, S. (2010). “Information and Communication Technology for Development: Building the
Knowledge Society in Egypt”. In N. Rizk, and L. Shaver (Eds.), Access to Knowledge in Egypt
New Research on Intellectual Property, Innovation and Development (pp. 174-204). Cairo:
The American University in Cairo Press.
Kamel, S. (2010). “Information and Communication Technology for Development: Building the Knowledge
Society in Egypt”. In N. Rizk, and L. Shaver (Eds.), Access to Knowledge in Egypt New Research on
Intellectual Property, Innovation and Development (pp. 174-204). London: Bloomsbury Academic.
Kamel, S., and Rateb, D. (2010). “ICT Strategy for Development: Lessons Learnt from the Egyptian
Experience in Developing Public-Private Partnerships”. In S. Kamel (Ed.), E- Strategies for
Technological Diffusion and Adoption: National ICT Approaches for Socioeconomic
Development (pp. 293-311). Hershey: IGI Global.
130
(in alphabetical order)
Refereed Papers in Conference Proceedings
Kamel, S. (2010). “Information and Communication Technology for Development: Empowering
Egypt’s Youth”. Proceedings of the 15th International Business Information Management
Conference (IBIMA) on Knowledge Management and Innovation: A Business Competitive
Edge Perspective. Cairo, November 6 – 7, 2010.
Abdelghaffar, H., Kamel, S., and Duquenoy, P. (2010). “Studying eGovernment Trust in Developing
Nations, Case of University and Colleges Admissions and Services in Egypt”. Proceedings of
the 21st Annual Conference of the International Information Maanagement Association
(IIAM). Utrecht, October 17 – 19, 2010.
Refereed Teaching Cases
Kamel, S. (2010). “The Egyptian National Post Organization Past, Present and Future: The
Transformational Process Using ICT”. Cases on Technology Innovation – Entrepreneurial
Successes and Pitfalls, 246-266. (S. Becker, and R. Niebuhr, Eds.) USA: IGI Global.
Non-Refereed (Invited) Cases
Kamel, S., Ibrahim, M., and El Sherbini, M. (2005). B. Tech Company, “Partners for a Competitive
Egypt – MDI Phase 2” (Pal-Tech, Inc.) 263-M-002-00013-00. Case study developed under the PfCE
Management Development Initiative .
Non-Refereed (Invited) Journal Articles
Kamel, S. (2010). “Egypt: A Growing ICT Hub in the Middle East–North Africa (MENA) Region”. (S.
Murugesan, Ed.) The Journal of Information Technology Management, Cutter IT Journal,
Special Issue on IT’s Promise for Emerging Markets, 23 (7), 223-236.
131
The School of Business: Annual Report 2010 - 2011
Promoting Excellence in Teaching,
Samples of Faculty Publications and Participation
in Regional and International Events
Research and Intellectual Contribution
Events
Presented the Entrepreneurship and Innovation Program in “An Overview, Global Crisis and Business
Schools Response: The Role of the Business Education in Society Panel,” Eduniversal Annual World
Convention on Driving Forward Global Business Education for Sustainable Development, Prague,
Czech Republic, October 28 - 30, 2011.
Presented the Be the Best – Stay the Best, Entrepreneurship, Innovation, Leadership, Celebration
of Entrepreneurship, Wamda Launch, Abraaj Capital, Dubai, U.A.E., November 9, 2010.
(in alphabetical order)
Participated in the Principles for Responsible Management Education (PRME) Summit on
“Partnership in Responsibility: Embedding the United Nations Global Compact’s Principles for
Responsible Management Education in Support of the Corporation of the 21st Century,” Brussels,
Belgium, June 7 - 8, 2011.
Participated in the Aspen Seminar on Leadership, Values and the Good Society, Aspen, Colorado,
United States, August 13 - 19, 2011.
Presented in the MENA Region as a Future Force in the Global Market for Management Education
Plenary Session, European Foundation for Management Development MENA Region Conference,
Dubai, UAE, November 28 - 30, 2010.
Presented in the Innovate, Compete and Employ What Makes Waves around the World and in the
Diaspora? Panel in Building Competitiveness, Financial and Private Sector Development Forum,
the World Bank, Washington, D.C., United States, April 4 - 5, 2011.
Participated in the AACSB International Conference and Annual Meeting (ICAM) New York, United
States, April 25 - 28, 2011.
Presented on School of Business Overview, AUC Friends and Supporters, Yale Club, New York, USA,
April 26, 2011.
Participated in the European Foundation for Management Development (EFMD) Annual Conference
on “Management Education in 2025,” Brussels, Belgium, June 5 - 7, 2011.
132
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The School of Business: Annual Report 2010 - 2011
Promoting Excellence in Teaching,
Samples of Faculty Publications and Participation
in Regional and International Events
Research and Intellectual Contribution
(in alphabetical order)
Maha Mourad ’95 ’99, assistant professor of marketing
El Gazzar, N., and Mourad, M. “The effect of online communication on corporate brand image”.
Publications
International Journal of Online Marketing. Forthcoming in 2012.
Refereed Journal Articles
Mourad, M. (2010). “Internationalization: a new positioning strategy in the higher education
market”. Int. J. of Management in Education, 4 (2), 185-200.
Mourad, M., and El Karanshawy, H. “Branding Islamic Studies: Emperical Study on the Middle
East”. Journal of Islamic Marketing. Forthcoming in 2012.
Mourad, M. (2011). “Role of Brand Related Factors in influencing Students’ choice in Higher
Education (HE) Market”. Int. J. of Management in Education, 5 (2/3), 258-270.
Mourad, M. (2010). “Students’ Adoption of Online Education Service: Empirical Evidence from the
Higher Education (HE) Market”. Online Information Review, 34 (4), 604-617.
Non-Peer Reviewed Journals
Kortam, W., and Mourad, M. (2011). “Using knowledge based marketing as a framework for
managing intellectual marketing capital in Higher Education Institutions”. Journal of American
Science, 7 (9), 779-786
Events
Mourad, M., Ennew, C., and Kortam, W. (2011). “Brand Equity in Higher Education”. Marketing
Intelligence and Planning, 29 (4), 403-420.
Presented a paper titled “Branding Islamic Higher Education Institutes: Empirical study on the
Middle East” at the Global Islamic Marketing Conference, organized by Emerald (UK) and United
Arab Emirates University, Dubai, U.A.E., March 20 - 22, 2011.
Mourad, M., Ennew, C., and Kortam, W. (2010). “Descriptive Evidence on the Role of Corporate
Brands in Marketing Higher Education Services”. Service Science, 2 (3), 154- 166.
Mourad, M., Hassan, S., and Tolba, A. (2010). “Conceptualizing the Influence of Lead Users and
Opinion Leaders on Accelerating the Rate of Innovation Diffusion”. International Journal of
Technology Marketing, 5 (3), 203-218.
Tolba, A., and Mourad, M. “Individual and Cultural Factors Affecting Diffusion of Innovation”.
Journal of International Business and Cultural Studies. Forthcoming in 2012.
134
135
The School of Business: Annual Report 2010 - 2011
Promoting Excellence in Teaching,
Samples of Faculty Publications and Participation
in Regional and International Events
Research and Intellectual Contribution
(in alphabetical order)
Nagla Rizk ’83 ’87, associate dean for graduate studies and research, founding
director of the Access to Knowledge for Development Center (A2K4D), and associate
professor of economics
Invited to give a talk titled “Education, Freedom and Nation Building” at Tedx Carthage, Tunis,
Tunisia, March 17, 2011.
Publications
Guest on Express FM, Tunisian Radio Program on open government and transparency, Tunis,
Tunisia, March 18, 2011.
Rizk, N., and Attalah, L. (2011). Egypt’s Evolving Media Landscape: Access, Public Interest
and Control. In Puddephatt, A. et al (2011). A New Frontier, An Old Landscape. Global
Partners and Associates. Forthcoming.
Gave a talk on “Online Collaboration and the Arab Spring” to students at Columbia University’s
Business School, New York City, United States. August 23, 2011.
Events
Invited by vote of the Expanded Governing Board of Yale Law School as a visiting scholar at Yale
Law School to teach a course titled Knowledge, Technology and Development: Perspectives from
Egypt and the Arab World, Yale Law School, New Haven, United States, September - October 2010.
Gave a talk at the weekly lunch of the Information Society Project, Yale Law School, titled “New
Research on Open Source Software in Selected Arab Countries: Work in progress”, New Haven,
United States, September 29, 2010.
Participated on the panel for the Doha Debates, member of the Qatar Foundation, over the motion
that education is worthless without freedom of speech. Argued against the motion, citing Tunisia
and Egypt as examples where education would bring a homegrown freedom, Doha, Qatar, recorded
December 6, 2010 and aired on BBC World January 8 and 9, 2011.
Presented research titled “Intellectual Property Rights and Competition in the Arab World” in
collaboration with Dina Waked (Harvard Law School) as part of a session on Special topics in
Middle East Economics at Allied Social Science Associations (ASSA) Annual Meeting, Denver,
United States, January 8, 2011.
136
Participated in a panel discussion titled “Development Agendas in a Changing World” at the
Global Congress on Intellectual Property and the Public Interest with distinguished experts in the
field from a number of international organizations and other developing countries. The talk was
entitled “Access to knowledge for development, thoughts from Egypt”. Washington, D.C., United
States, August 25 - 27, 2011.
Gave the opening remarks, together with colleagues from the A2KGA, at the Access to Knowledge
Global Academy Workshop on the progress made with projects and plans for the future, Washington,
D.C., United States, August 28, 2011.
Held research meetings at Harvard University, Berkman Center for Internet and Society, to further
discuss the joint research project on investigating the role of the Internet and new media in
the protests in the Middle East and North Africa, and set an action plan for the coming phase,
Cambridge, MA, August 29 - 31 2011.
137
The School of Business: Annual Report 2010 - 2011
Promoting Excellence in Teaching,
Samples of Faculty Publications and Participation
in Regional and International Events
Research and Intellectual Contribution
Mona Said ’89 ’91, assistant professor of economics
Publications
Refereed Journal Articles
Said, M. (2011). “Competition and the Distribution of Sector and Gender Wage Gaps: Quantile
Regression Evidence from Egypt”. International Research Journal of Finance and Economics,
Euro Journals (71), 48-69. Forthcoming.
Said, M. (2011). “Does the Public Sector Discriminate Against Women? Occupational Segregation Prior
to Privatization in Egypt”. Advances in Management and Applied Economics, International
Scientific Press, 1 (2).
Said, M. (2011). Review of “Arab Economies in the Twenty First Century” by P. Rivlin. Economic
Development and Cultural Change, 59 (3).
Said, M. (2011). “Risk Aversion and the Preference for Public Sector Employment in Egypt”.
International Journal of Economics Research, 2 (5), 132-143.
Said, M. (2011). “Sector Selection and Pay Differentials During Financial Crisis Episodes: Recent
Evidence from Jordan”. International Research Journal of Applied Finance, 2 (7), 720-737.
Said, M., and El-Hamidi, F. (2010). “Gender-Based Wage and Occupational Inequality in the New
Millennium in Egypt , Project Muse Journals”. Journal of Developing Areas, 46 (2).
Said, M., and El-Hamidi, F. (2011). “Returns to Schooling and Labor Market Stratification in the
Middle East and North Africa: Evidence from Egypt and Morocco”. Middle Eastern Finance and
Economics, 14, 83-98.
138
(in alphabetical order)
Refereed Papers in Conference Proceedings
Said, M., and Al Azzawi, A. (2010). “Trade liberalization, Inter-industry Wage Differentials and Job Quality in
Egyptian Manufacturing. CREMED Conference on the Economics of the Mediterranean and the EuroMediterranean Process, Barcelona Graduate School of Economics and the European Institute
LSE, July. (On-line proceedings: http://www.cremed.eu/index.php/activities1/cremed-workshops/149 )
Events
Participated in FEMISE 2010 Annual conference, Rome, Italy, November 28 - 29, 2010.
Advisor of the The Paris Symposium, AUC Graduate Student Group; to prepare Egypt
document presented in the high-level New-World, New Capitalism forum, along with Columbia, LSE
and Science Po students, Paris, France, January 6, 2011.
Presented a paper in a workshop on “The Jordanian Labor Market in the New Millennium”, organized
by the Economic Research Forum: Antalya, Turkey, March 19, 2011.
Participated in Economic Research Forum 18th Annual Conference, Turkey, March 20 - 23, 2011.
Presented a paper in a workshop on “Impact of Financial Crisis on MENA Region,” Mediterranean
Research Meeting, Florence, Italy, April 7, 2011
Chair of a session on marriage, fertility and retirement and presenter in a session on wages, remittances
and migration in a seminar on Jordan’s labor market panel survey, organized by the ERF and the
Jordanian National Center for Human Resource Development, Amman, Jordan, June 1 - 2, 2011.
Participated in the Centre of Research on The Mediterranean conference on Economics of the
Mediterranean and the Euro-Med. Process at the Universitat Pompeu Fabia, Barcelona, Spain, June
21 - 22, 2011.
Presented a paper during the Middle East Economic Association 10th Annual International Meeting,
Barcelona, Spain, June 23 - 24, 2011.
139
The School of Business: Annual Report 2010 - 2011
Promoting Excellence in Teaching,
Samples of Faculty Publications and Participation
in Regional and International Events
Research and Intellectual Contribution
Khaled Samaha, assistant professor of accounting
Publications
Refereed Journal Articles
Samaha, K., and Dahawy, K. (2011). “An Empirical Analysis of Corporate Governance Structures
and Voluntary Corporate Disclosure in Volatile Capital Markets: the Egyptian Experience”.
International Journal of Accounting, Auditing and Performance Evaluation (IJAAPE),
Special issue on Financial reporting, Transparency, and Corporate Governance: Issues
in volatile international markets, 7 (1/2), 61-93.
Samaha, K., Abdel-Meguid, A., Dahawy, K., and Abdallah, S. “Board of Directors’ Structure,
Ownership Structure and Corporate Internet Reporting Propensity and Comprehensiveness:
Evidence from the Egyptian Stock Exchange”. International Journal of Accounting and
Information Management. Accepted and forthcoming in Vol. 20, Issue 1, 2012.
Abdel-Meguid, A., Samaha, K., and Dahawy, K. “Preliminary Evidence on the Relationship between
Corporate Governance Attributes and Audit Committee Functionality in Egypt: Beyond Checking the
Box”. Corporate Governance: The International Journal of Business in Society. Accepted
and forthcoming in Vol. 14, Issue 2, 2014.
Samaha, K., and Abdallah, S. “Further Evidence on Web-Based Corporate Disclosures in Developed
versus Developing Countries: A Comparative Analysis of Nature and Determinants in Egypt and
the UK”. International Journal of Disclosure and Governance (IJDG). Accepted and
forthcoming in Vol. 9, Issue 1, 2012.
http://www.palgrave-journals.com/jdg/journal/vaop/ncurrent/full/jdg201117a.html
140
(in alphabetical order)
Samaha, K., Dahawy, K., Stapleton, P., and Hussainy, K. “The Extent of Corporate Governance
Disclosure and Its Determinants in a Developing Market: The Case of Egypt”. Advances in
Accounting Incorporating Advances in International Accounting. Accepted and
forthcoming in Vol. 25, Issue 1, 2012.
Dahawy, K., and Samaha, K. (2010). “An Investigation of the Views and Perceptions of External
Users of Corporate Annual Reports in Emerging Economies: The case of Egypt”. International
Journal of Accounting and Finance (IJAF), 2 (3/4), 331–367.
Samaha, K., and Hegazy, M. (2010). “An empirical investigation of the use of ISA 520 “analytical
procedures” among Big 4 versus non-big 4 audit firms in Egypt”. Managerial Auditing Journal,
25 (9), 882-911.
Samaha, K. (2010). “Do Board Independence and Audit Committees Motivate Disclosure on Different
Corporate Governance Information Categories in the Annual Reports in Developing Countries?”
International Research Journal of Finance and Economics (IRJFE) (57), 206-225.
Refereed Edited Book
Wild, J., Chiappeta, B., Shaw, K., Dahawy, K., and Samaha, K. Fundamental Accounting
Principles, ME Edition (20th ed.). UK: McGraw Hill International Limited. Forthcoming in Fall
2011.
141
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Samples of Faculty Publications and Participation
in Regional and International Events
Research and Intellectual Contribution
Refereed Book Chapters
Samaha, K., and Abdalla, S. (2011). “A comparative analysis of activity-based costing and
traditional costing systems: the case of Egyptian Metal Industries Company”. In Cases on
Businesses in the MENA Region: New Trends and Opportunities (pp. 41-53). Hershey,
USA: IGI Global for Publication. http://www.igi-global.com/bookstore/chapter.aspx?titleid=54985
Dahawy, K., and Samaha, K. (2010). “Blending Information and Communication Technology (ICT)
with an Accounting System: The Case of the Egyptian International Motors Company (EIM)”. In
Cases on Businesses in the MENA Region: New Trends and Opportunities (pp. 1-9).
Hershey: Published by IGI Global. http://www.igi-global.com/bookstore/chapter.aspx?titleid=54982
Samaha, K., and Dahawy, K. (2010). “Factors Influencing Corporate Disclosure Transparency in the Active
Share Trading Firms: An Explanatory Study”. (M. Tsamenyi, and S. Uddin, Eds.) Research in Accounting
in Emerging Economies, 10, 87-118. http://www.emeraldinsight.com/books.htm?chapterid=1901578
Samaha, K., and Dahawy, K. (2010). “Information System strategy development and implementation
in the Egyptian small and medium construction enterprises”. In E-Strategies for Technological
Diffusion and Adoption: National ICT Approaches for Socioeconomic Development (p.
Chapter 5). Hershey: IGI Global for Publication.
http://www.igi-global.com/bookstore/chapter.aspx?titleid=44302
Refereed Papers in Conference Proceedings
Samaha, K., Dahawy, K., and Stapleton, P. (2010). “Relationship between Corporate Governance,
Firm Characteristics and Corporate Governance Disclosure: Evidence from the Egyptian Stock
Exchange”. Proceedings of the 33rd European Accounting Association (EAA) Annual
Congress, (p. 357). Istanbul, May 19-21, 2010.
142
(in alphabetical order)
Samaha, K. (2010). “Egyptian Accounting Standards from a Tax Point of View”.
Proceedings of the 16th annual Conference organized by The Egyptian Society for Public
Finance and Taxes and Price Waterhouse Coopers (PWC). Cairo, June 27 – 29, 2010.
Samaha, K. (2010). “Egyptian Accounting Standard number 8 (Long Term Construction Contracts)
and Egyptian Accounting Standard number 5 (Change in Accounting Policy) and the tax effect
in light of the new Tax Law 91 for the year 2005 and its executive regulations”. Proceedings of
the 16th annual Conference organized by The Egyptian Society for Public Finance and
Taxes and PricewaterhouseCoopers (PWC). Cairo.
Samaha, K., Dahawy, K., Abdel Megid, A., and Abdallah, S. (2010). The impact of Corporate Governance
mechanisms on Corporate Internet Reporting propensity and comprehensiveness: Evidence from
the Emerging Market of Egypt. Proceedings of the AAA Annual meeting and Conference on
Teaching and Learning in Accounting. San Francisco: American Accounting Association, July
31 – August 4, 2010.
Samaha, K., Dahawy, K., Abdel Meguid, A., and Abdallah, S. (2010). “Corporate Governance and
Internet Reporting: The Egyptian Story”. Proceedings of the second KSAA Annual meeting
and Conference on the role of Accounting in stabilizing the Financial Markets. Kuwait:
Kuwait Society for Accountants and Auditors, December 1- 2, 2010.
Samaha, K., Dahawy, K., and Hussainey, K. (2011). “Internal Control Mechanisms and Corporate Narrative
Reporting in listed Egyptian Companies: the Case of EGX 100”. Proceedings of the 34th European
Accounting Association (EAA) Annual Congress, (pp. 390-391). Rome, April 20 – 22, 2011.
Samaha, K., Dahawy, K., Abdel Meguid, A., and Abdallah, S. (2011). “Association between
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Promoting Excellence in Teaching,
Samples of Faculty Publications and Participation
in Regional and International Events
Research and Intellectual Contribution
(in alphabetical order)
Corporate Governance Structures and Corporate Internet Reporting: Evidence on the propensity and
Comprehensiveness in listed Egyptian Firms”. Proceedings of the 34th European Accounting
Abdelkrim Seghir, associate chair of the Department of Economics and assistant
professor of economics
Association (EAA) Annual Congress, (p. 159). Rome, April 20 – 22, 2011.
Publications
Refereed Journal Articles
Seghir, A., and Torres- Martinez, J. P. (2011). “On equilibrium existence with endogenous restricted
financial participation”. Journal of Mathematical Economics, 47, 37-42.
Samaha, K., Abdel Meguid, A., and Dahawy, K. (2011) Corporate Governance Attributes and Audit
Committee Functionality: Empirical Evidence from Egypt. Proceedings of the AAA Annual
meeting and Conference. Denver, August 6 – 10, 2011.
Events
Seghir, A. (2010). “An Overlapping Generations model with a general default punishment
structure”. International Research Journal of Finance and Economics (45), 10-25.
Participated at Taskforce on the Growth of Corporate Governance in the Region, organized by Organization
for Economic Co-operation and Development (OECD), Muscat, Oman, October 31- November 1, 2010.
Events
EFMD-EURAM Program on Developing Research Managers: Creating Research Leadership in
Europe, Brussels, October 2010 and December 2010. The events prepare individuals in business
and management schools to step into significant research management roles through exposure to
a wide range of strategic and operational concerns.
Participated at the 34th European Accounting Association (EAA) Annual Congress, organized by
the European Accounting Association and Luiss Guido Carli University, Rome, Italy, April 20 - 22,
2011; Presented a paper titled: “Internal Control Mechanisms and Corporate Narrative Reporting
in listed Egyptian Companies: the Case of EGX 100.”
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Samples of Faculty Publications and Participation
in Regional and International Events
Research and Intellectual Contribution
(in alphabetical order)
Tarek Selim ’92 ’95, associate professor of economics
Iman Seoudi ’95 ’00, assistant professor of management
Publications
Publications
Refereed Journal Articles
Selim, T. H. (2011). “An Exogenous Evolution in the Egyptian Pharmaceuticals Industry: Evidence
within a Global Landscape”. Global South, 7 (2).
Refereed Journal Articles
Seoudi, I., and El-Bassiouny, N. (2010, Fall). “Egyptian Business Students’ Perceptions of Ethics:
The Effectiveness of a Formal Course in Business Ethics”. Journal of Business Leadership,
39-80.
Refereed Papers in Conference Proceedings
Selim, T. H., and Shoman, M. (2011). “Egypt’s New Path for Competitiveness and Innovation”.
Second Research Dialogue Conference on Emerging Economies, Tsinghua University.
Beijing: Brookings-Tsinghua China Center, November, 2011.
Events
Presented at the Egyptian Business Students’ Perceptions of Ethics: The Effectiveness of a Formal
Course in Business Ethics GIRA Conference on Corporate Governance, Innovation, Social and
Environmental Responsibility, Lisbon, Portugal, September 9 - 10, 2010.
Events
Attended the International Management Teachers’ Academy (IMTA), Bled, Slovenia. Developing
a new generation of management educators for a new generation of business leaders CEEMAN’s
IMTA (International Management Teachers Academy) program, June 4 - 18, 2011.
Invited by the Indian Center for International Economic Relations (ICRIER) in New Delhi, India, to
give a lecture summary of the book, Selim, T. H. (2009), Egypt, Energy and the Environment,
Adonis and Abbey Publishers, London (UK). Lecture attended by the Ministers of Energy and
Industry of the Government of India.
Attended the Teaching with Cases course offered by the European Case Clearing House (ECCH),
London, UK. June 30 – July 2, 2011. Course instructor: Professor James Erskine, Richard Ivey School
of Business, University of Western Ontario, Canada
Published in the Atlantic Economic Journal, Development, Global South Journal, and the
African Journal of Business and Economics Research.
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Samples of Faculty Publications and Participation
in Regional and International Events
Research and Intellectual Contribution
Hamed Shamma’99 ’02, assistant professor of marketing
Publications
Refereed Journal Articles
Shamma, H. M., and Hassan, S. S. (2011). “Integrating Product and Corporate Brand Equity into
Total Brand Equity”.
Shamma, H. M. “Measurement”. International Journal of Marketing Studies, 3 (1).
Shamma, H. M., Dyer, R. F., and Liebrenz-Himes, M. L. (2011). “Customer Relationship Management
in Professional Service Organizations: An Application to the Building Industry”. International
Journal of Customer Relationship Marketing and Management, 2 (2).
Refereed Papers in Conference Proceedings
Helmy, S., and Shamma, H. M. (2011). “Genuine Counterfeit Luxury Apparel in Egypt: Who Buys them
and Why?” Proceedings, 2011 Annual Academy of Marketing Science Conference, May 2011.
(in alphabetical order)
Shamma, H. M., and Hassan, S. S. (2010). “Integrating Product and Corporate Brand Equity
into Total Brand Equity Measurement”. Proceedings, 2010 Annual Academy of Marketing
Science Conference, May 2011.
Events
Co-authors presented paper at the 15th Annual Conference on Historical Analysis and Research in
Marketing (CHARM): Liebrenz-Himes, Marilyn, Hamed Shamma, Robert Dyer (2011), “The Electric
Cars Tortuous Journey,” New York City, New York, United States, May 19 - 22, 2011.
Presented paper at the Annual 2011 Marketing and Public Policy Conference, Laila El Baradei and
Hamed Shamma (2011), “Examining the Marketing of e-Government Services in Egypt,” Washington,
D.C., United States, June 2 - 4, 2011.
El Baradei, L., and Shamma, H. M. (2011, June). “Examining the Marketing of e- Government Services in
Egypt”. Proceedings, 2011 Annual AMA Marketing and Public Policy Conference, June 2011.
Liebrenz-Himes, M., Shamma, H. M., and Dyer, R. (2011). “The Electric Cars Tortuous Journey”. Proceedings,
15th Annual Conference on Historical Analysis and Research in Marketing (CHARM), May 2011.
Mourad, M., and Shamma, H. M. (2011). “Segmentation of Higher Education: The Case of Egypt”.
Proceedings, 2011 Annual Conference on Higher Education Marketing, April 2011.
El Baradei, L., and Shamma, H. M. (2010). “Marketing e-Government Services in Egypt: What do
People Think?” Proceedings, 2010 Annual Conference of the International Association of
Schools and Institutes of Administration, July 2011.
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Promoting Excellence in Teaching,
Samples of Faculty Publications and Participation
in Regional and International Events
Research and Intellectual Contribution
Ahmed Tolba ’97 ’01, director of El-Khazindar Business Research and Case Center
and assistant professor of marketing
Publications
Books
Kotler, P., Armstrong, G., Tolba, A., and Habib, A. (2011, November). Principles of Marketing:
Arab World Edition. New Jersey: Pearson Prentice Hall. Forthcoming.
Book Chapters
Tolba, A. (2011). “Ariel Egypt: From Market Penetration to Fierce Competition”. In A. El-Ansary
(Ed.), In Cases on Business and Management in the MENA Region: New Trends and
Opportunities (pp. 205-217). Pennsylvania: IGI Global Publishing.
Ads, M., and Tolba, A. (2011). “Social Marketing in Egypt: A case study on the use of Marketing by Nahdet
El Mahrousa NGO”. In A. El-Ansary (Ed.), In Cases on Business and Management in the MENA
Region: New Trends and Opportunities (pp. 218-231). Pennsylvania: IGI Global Publishing.
Refereed Journal Articles
Tolba, A. (2011). “The Impact of Distribution Intensity on Brand Preference and Brand Loyalty”.
International Journal of Marketing Studies, 3 (3), 56-66. DOI: 10.1108/1061042091098183
150
(in alphabetical order)
Refereed Papers in Conference Proceedings
Tolba, A. (2011). “Factors Affecting Country Brand Equity: A Business Perspective”. Proceedings
of the 2011 Academy of Marketing Science Conference. Coral Gables, FL, May 24 – 27, 201.
Non-Refereed Journals and Magazines
Tolba, A. H., and El Shinnawy, M. (2010, December). “The Power of Knowledge and Partnership: Entrepreneurship
Story”. Goldman Sachs Cases on the Women Entrepreneurship and Leadership Program.
Tolba, A. (2010, November). “Marketing Nations: The Way to Go”. Business Monthly, The
American Chamber of Commerce in Egypt.
Tolba, A. (2010, May). “Marketing Entrepreneurship in Egypt: The Role of Education and Media”.
Business Monthly, The American Chamber of Commerce in Egypt .
Events
Speaker in one of the sessions, presentation titled “How to grow entrepreneurial culture in the
MENA region?” at Abraaj Capital Celebration of Entrepreneurship Conference (WAMDA), Dubai,
November 8 - 9, 2010. Also announced to the media KCC partnership with Aramex to produce 12
case studies on successful entrepreneurs in the region.
Tolba, A., and Mourad, M. (2011). “Individual and Cultural Factors Affecting Diffusion on Innovation”.
Journal of International Business and Cultural Studies, 5, 82-95. DOI: 10.1504/IJTMKT.2010.039033
Conducted Global Webinar Competing with Emerging Market Multinationals: The Case of Egypt,
organized by ICA Institute, Northeastern University, United States, December 21, 2010. This
presentation is part of a series of global webinars on multinationals from emerging markets.
Hassan, S. S., Mourad, M., and Tolba, A. H. (2010). “Conceptualizing the Influence of Lead Users
and Opinion Leaders on Accelerating the Rate of Innovation Diffusion”. International Journal of
Technology Marketing, 5 (3), 203-218.
Presented Factors Affecting Country Brand Equity: A Business Perspective, Proceedings, 2011
Academy of Marketing Science Conference, Coral Gables, FL, United States, May 24 - 27, 2011
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Samples of Faculty Publications and Participation
in Regional and International Events
Research and Intellectual Contribution
Samir Youssef, professor of management and international business
Publications
Refereed Journal Articles
Youssef, S. M. (2011, June). “Building Capabilities in an Egyptian IT Outsourcing Company”.
International Journal of Management Strategy .
Case Studies
Youssef, S. M. (2011). “Advanced Systems “, “Egypt: IT Outsourcing in a Highly Competitive
Market”. Emerald Emerging Markets Case Studies, 2 (2) .
Youssef, S. M. (2010). “Kheir Zaman”. GIM .Case Study No. B074. New York: United Nations
Development Program. http://cases.growinginclusivemarkets.org/document/59
(in alphabetical order)
Invited to register as Potential Peer Reviewer for the National Priorities Research Program which is
the flag ship program of the Qatar National Research Fund.
Acted as a contributor to developing the testing criteria of granting trade license certificates
granted by the European Chamber of Trade, Commerce and Industry, Brussels.
Contributed to two articles on business corruption and foreign direct investment in Egypt in
Business Today and Egypt Today, May 2011.
Presented a paper titled “Prospects of Social Entrepreneurship in Egypt: A Case Study of a Low-Income
Housing Developer” at The Sustainability Challenge: Organizational Change and Transformational
Vision conference at the Ashridge Center for Business and Sustainability, a research and consulting
body associated with the Ashridge Business Schools, United Kingdom, June 10 - 12, 2011.
Youssef, S. M. (2010). “Orascom Housing Communities”. GIM Case Study No.B085. New York:
United Nations Development Program. http://cases.growinginclusivemarkets.org/document /66
Refereed Papers in Conference Proceedings
Youssef, S. M. (2011). “Prospects of Social Entrepreneurship in Egypt: A Case Study”. Proceedings
of The Ashridge Sustainability Conference. Ashridge, June 2011.
Events
Participated in the Business Opportunities at the Base of the Economic Pyramid in Egypt seminar,
organized by the United Nations Development Programme and Embassy of Denmark and Industrial
Modernization Program, March 30, 2010.
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“ The leadership and team work that led to a rich academic
program, instructors diversity along with highly competent
students, made AUC School of Business of high international
caliber and a great source of pride to all of us”
Maged Mansi’88
Chief executive officer, Mansi Eyewear;
member of the Entrepreneurship and Innovation Program Council,
School of Business, AUC
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Strategic
GOALS
Support and
Lifelong Learning Environment
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Support and Lifelong Learning Environment
Office of Student Services
Student Scholarship Opportunities
The Office of Student Services (OSS) is a one-stop shop designed to provide integrated professional
services to the School of Business’s undergraduate students. OSS is committed to providing the
best resources and advising available to assist students in achieving their study goals by guiding
them through registration processes. OSS utilizes world-class practices to support the school’s
mission of developing students’ innovation, leadership and entrepreneurship skills. The office
offers opportunities for business students to gain real world experience and explore a variety of
career fields through exchange programs, internship opportunities, international competitions and
student-related conferences, in collaboration with relevant offices at the University.
Youssef Jameel MBA Fellowships (established in 2004)
During the first half of the 2010 – 11 academic year, three scholarship cohorts were active (the
fifth, sixth and seventh cohorts). The fifth cohort ended in Fall 2010 and all fellows graduated in
February 2011. The seventh cohort partially commenced in Fall 2010, with 10 fellows enrolled in
the MBA and eight recruited for Spring 2011. The Jameel MBA Program is set to continue, having
secured a new eighth cohort for admittance in Fall 2011. All cohorts are selected with the same
criteria and with the objective to develop future industry leaders in the region. The scholarship is
open to Egyptians and Palestinians. Yousef Jameel’68, who officially inaugurated the Abdul Latif
Jameel Hall at AUC New Cairo, is a prominent Saudi Arabian business leader, philanthropist, longtime University supporter, and devoted alumnus.
“As outstanding students around the Middle East look for world-class business
education, AUC’s School of Business comes strongly into the spotlight with its
excellent history of preparing business leaders whose education
and skills make them the top choice for the best employers in the region.”
Randa Kamel
Director of enrollment and the Student Service Center, AUC
Al-Alfi Foundation MBA Fellowships (established in 2008)
In February 2010, the Al Alfi Foundation agreed to sponsor five qualified engineering and science
graduates to attend the MBA program at The American University in Cairo, alongside the current
cohort. The long-term objective of the program is to develop a new cadre of entrepreneurial leaders,
who are capable of filling critical positions in Egyptian industries and who have developed integral
technical and business skills to compete in a global market. The first cohort intake began in Fall
2008 and graduated in Fall 2010. The second cohort began in Spring 2011.
Ahmed and Ann M. El Mokadem Fellowships (established in 2010)
This fellowship’s objective is to support Egyptian students with excellent academic records, who
are interested in pursuing graduate studies in the fields of economics and international economic
development at AUC.
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Student Internships
Student Internships
Presented by the School of Business and the Office of Student Services (OSS) in
collaboration with AUC’s Career Advising and Placement Services (CAPS)
List of participating students
Armanious Group
Sarah Soliman Daoud
Ghabbour Auto
Iman Tarek Abuelela
Banque Misr
Mariana Helmy Nessim,
Link Development
Yosra Alaa Sourour, Zaina Alaa Eldin Bseiso
Bank of Alexandria – Alexbank
Esraa El Sonbati, Farida Refaat Kamel, Lobna Mohamed Youssef, May Mahmoud Kamal
Mars Egypt
Aya Mohamed Rouchdy
British American Tobacco
Diaa Osama El Ghannam, Sara Abdelkarim Soliman, Yassmin Youssef Khalafallah
Proctor & Gamble Egypt
Khadiga Mohamed Talaat, Nada Abdel Karim El Garraya
Cairo Semiramis Hotel
Nemat Ezzat Assaad
P&G (Finance case – study)
Aya Ahmed Siam, Esraa Mostafa El Sonbati, Farah Nader Gouda, Farid Girguis Ghebrial, Khaled Mohamed
Attallah, Mariam Mohamed Ramadan, Mira Mohamed Abdel Aziz, Mohamed Omar Hassib, Mohammed Alaa
Helmy, Mohammed Ayoub Alalem, Nada Abdel Karim El Garraya, Rana Ibrahim Abdel Naby, Silvana Sameh
Selim
Cemex
Mai Mahmoud Khattab
Egyptian Child Care Corporation - EC3
Pensee Abdel Fattah, Tamer Aladin Sergany, Youssra Abdel Wahab Amin
Shell Egypt
Aly Tarek Khairy, Jala Mamdouh El Gammal, Laila Mohamed El Adly, Mai Fouad, Mennat Allah Nasr Atwan, Nada
Hany Bakhoum, Nada Sherif Azmy, Omar Alaa El Din Elgarbawy
Extend Info International
Tamer Aladin Sergany
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Support and Lifelong Learning Environment
Students Clubs
Student Clubs
The Ninth Annual Accounting Link Simulation (November 23 - 25, 2010)
Accounting Link Club
Faculty Advisor: Khaled Samaha, assistant professor of accounting
The Accounting Link Club offers students the opportunity to learn about the profession of accounting
in a relaxed atmosphere, which provides students with useful networking opportunities by allowing
them to meet other business majors and potential employers. The club’s primary goal is to promote
accounting as a profession and to inform students about the avenues of opportunity available by
choosing an accounting career.
The Ninth Annual Accounting Link Simulation (November 23 - 25, 2010)
The opening ceremony started with speeches by AUC President Lisa Anderson and Khaled Samaha,
faculty advisor and assistant professor of accounting. Accounting Club President Sylvia Ghabrial
shared her own experience with the club and advised to attend simulations, as they provide great
academic and professional opportunities. The keynote speaker, Emad Ragheb, managing partner
at Ernst & Young and vice chair of the Egyptian Society for Accountants and Auditors, expressed
the significance of such a simulation for the students and the company. Akram Reda, senior
advisor at Ernst & Young, gave a presentation on the company. The simulation provided a unique
opportunity for professionals to mix with students from different public and private universities,
from Ain Shams University and Cairo University to Misr International University (MIU) and AUC. The
top three students were Hassan El Zein (AUC), Mo’men Anwar Mohamed (Ain Shams University)
and Esraa Abdel Khalek (Cairo University.)
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Student Clubs
Association Internationale des Étudiants en Sciences Économiques et
Commerciales
Faculty Advisor: Ahmed Tolba ’97 ’01, assistant professor of marketing
Corporate Governance Club
Faculty advisor: Ahmed Abdel-Meguid, assistant professor of accounting
es
s.
Res
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onsibility . Accoun
ility
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CGC
Fa
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The Corporate Governance Club (CGC) is the first Egyptian studentbased academic club that is dedicated to the dissemination of corporate
governance principles and best practices among undergraduate business students. It encourages
interdisciplinary dialogues among students of business, finance, economics, and accounting
disciplines, who share a common interest in working in a fair and transparent corporate
environment.
Keeping an Eye on Business
The Association Internationale des Étudiants
en Sciences Économiques et Commerciales
(AIESEC) is an international, nonpolitical,
nonprofit, student-run, independent, educational foundation. It is a global network of 50,000
members across more than 107 countries and territories at more than 1,700 universities. AIESEC
contributes to the community through youth exchange in order to develop individuals who are
committed to international cooperation and understanding. It is an international platform for young
people to discover and develop their potential to have a positive impact on society. AIESEC provides
AUC students with opportunities to work abroad, exchange programs, community development,
environmental awareness, international conferences and training. This year, AIESEC AUC has
achieved unprecedented results by sending 126 Egyptian students on internships abroad, and
brought 80 foreign students to internships in companies and organizations in Egypt. Countries
partnered with include the United States, the United Kingdom, Netherlands, India, Portugal,
Mauritius, Kenya, Italy, Greece, Russia, Poland, Romania, Malaysia, Finland, Bangladesh, China
among many more.
164
Ziad Ahmed Bahaa-Eldin gives
his speech at CGC Inauguration
(October 10, 2010)
165
CGC Inauguration (October 10, 2010)
Keynote speaker Ziad Ahmed Bahaa-Eldin, chair of the
Egyptian Financial Supervisory Authority (EFSA), gave the
inaugural speech. Mohamed El-Abhar, CGC president,
spoke of his excitement about the club’s potential to spread
valuable knowledge about governance to students of different
universities.
The School of Business: Annual Report 2010 - 2011
Support and Lifelong Learning Environment
CGC First Annual Corporate Governance Competition
(October 21 - 23, 2010)
The opening ceremony featured keynote speakers Khaled Serry
Seyam, chair of the Egyptian Stock Exchange; Ashraf Gamal
El Din, executive director of the Egyptian Institute of Directors
(EIoD); and Counselor Ahmed Ragab, executive director of the
Center for Transparency.
Topics covered included agency problems, functions of the board
Ahmed Ragab, Executive
of directors, importance of Director, Center for Transparency
disclosure and transparency and
protection of shareholder rights. The top contestants competed
for three monetary prizes. Around 190 students from AUC, Ain
Shams University and Cairo University attended the sessions.
AUC’s participants represented the School of Business’ majors
in addition to integrated marketing communication, engineering,
Khaled Seyam, Chair, Egyptian
Stock Exchange (EGX)
actuarial sciences, political science, and mass communications.
The event was supported by the Center for Transparency, the
Sawiris Foundation for Social Development (SFSD), and the
Egyptian Institute of Directors (EIoD)
Student Clubs
Corporate Governance Club Workshop:
Combating Money Laundering – An Introduction (May 7, 2011)
Corporate Governance Club Workshop (May 7, 2011)
This six-hour workshop was offered to more than 100 undergraduate and graduate students
from AUC, Ain Shams University and Cairo University at the Egyptian Banking Institute (EBI), The
Central Bank of Egypt. The workshop focused on how proceeds of crime are laundered and what
could be done to mitigate such practices. Participants interacted with leading experts from the
Money Laundering Combating Unit (MLCU) of the Central Bank. The Center for Transparency and
its donors (UNDP and Embassy of the Kingdom of the Netherlands), the Sawiris Foundation for
Social Development (SFSD), and the Egyptian Banking Institute (EBI) – The Central Bank of Egypt,
supported the event.
Ashraf Gamal El Din, Executive
Director, Egyptian Institute of
Directors (EIoD)
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Support and Lifelong Learning Environment
Entrepreneurs’ Society
Faculty Advisor: Iman Seoudi ’95 ’00, assistant professor of management
Entrepreneurs’ Society (ES) enhances the awareness of the importance of entrepreneurial skills in
advancing society. It organizes numerous workshops that help students attain the skills needed to
meet the challenges of the business world. One of the main events organized by the club wss the
business plan competition, during which students present and defend their business proposals.
Student Clubs
The Jamboree (November 3 - 4, 2010)
In this event, students were allowed to rent booths on campus to start their own business for
one or two days. They learned the basics of financial investment, opportunity cost, accounting,
marketing, and public relations. Entrepreneurs’ Society members helped young entrepreneurs
attract customers by providing different forms of entertainment around the booths, from clowns to
stilt-walkers, and different games.
The Lead Newspaper
This is a bi-weekly newspaper that covers business, economics, and entrepreneurship related
news and events. It covers many activities pertaining to the field, and has published numerous
interviews with entrepreneurs, generated statistics from the market, and distributed more than
10,000 copies this year.
Entrepreneurs’ Society’s Soft Opening Ceremony (November 23, 2010)
A group of more than 100 students organized the event which brought together 700 attendees, including
students, delegates, faculty members, and executives. ES members invited notable keynote speakers to a
Q and A session. Speakers included Tamer El Leithy, owner, Mori Sushi; Bassem Mashhour, a partner of The
Bakery Shop (TBS); Karma Sabet, founder of Karma Jewelry and KDS (Karma and Dina Sabet); and Hoda
Rashad, founder of the development Web site www.irmihelbahr.org.
Mohamed El Dib, President of the Entrepreneurs Society, visits SIFE World Cup and Plug and Play
(October 13 - 16, 2010)
As part of AUC School of Business’ efforts in promoting ‘entrepreneurship’ among AUC students,
the school arranged a visit for the president of the ES to accompany the French University in
Egypt’s (UFE) winning SIFE team to SIFE World cup as an observer, and to also visit the Plug and
Play Technology Center in Los Angeles.
The Grand Opening Ceremony (March 16, 2011)
The title of the first day’s event was Entrepreneurship, Youth and Egypt Today, and the keynote
speaker was Ali Faramawy, vice president of Microsoft International. The event also included
a networking component and the announcement of ES’s Documentary Challenge winner, Leena
ElMasry. ElMasry’s film documented entrepreneurship and the Egyptian revolution, and it was aired
at the event before she received her prize.
On the second day, Ossama Hassanein, Willard W. Brown Chair of International Business Leadership
at AUC’s School of Business for academic year 2010-11, talked to students about business ethics. He
outlined the ways in which people can learn from the ethical failures of the past and prevent them in
the future. More than 200 students were inspired to practice business in an ethical manner.
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The Business Plan Competition
Round one is divided into the executive summary (worth 80 percent) and the elevator pitch
(with 20 percent). More than 80 applicants applied, sent executive summaries for their
businesses, and pitched them before a panel of judges. Thirty business ideas made it to
round two, where they were trained on business plan writing and financials, and had to write
complete business plans for their proposed ideas.
Moatez Metwally and Hadeel Salama receiving their award (May 9, 2011)
These plans were sent to judges for grading and 10 business plans passed to the final round
(May 9, 2011), where the top 10 entrepreneurs presented their ideas in five minutes each
and then discussed them with a large panel of judges, in an attempt to win the grand prize of
LE 50,000. Moatez Metwally, mechanical engineering senior and Hadeel Salama, marketing
senior, walked away with the winning prize for their business, Green Bricks Coporation.
Amena El Saie, psychology senior, won the Social Entrepreneurship Award while Omar Kandil
and Abdallah Zohdi, both political science seniors, won the Most Creative Idea Award.
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“The School of Business has been very supportive of all
our events and activities. As the person in charge of the
Entrepreneurs’ Society, I always felt that everyone in the
school knew about our activities and they were always proud
of what we do, so we were always encouraged and challenged
to go further and achieve more.
The school also acted as an entity which we could lean on, especially in a year
full of struggle. As a regular student, I am beyond proud that I am part of this
community and I know I will be more and more proud as I dig deeper into
the business world. I always say that “the most important thing in life is to be
inspiring. Not rich, not famous, not smart, but inspiring.
I have definitely been inspired and I will do all I can to carry this legacy of
inspiring individuals from our school.”
Mohamed El Dib
Chief executive officer, Entrepreneurs’ Society, AUC
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Student Clubs
International Conference on Global Economy
Faculty Advisor: Hamed Shamma ’99 ’02, assistant professor of marketing
Volunteers in Action
Faculty Advisor: Dina Rateb ’84, associate professor of management information systems
Initiated in July 2000, the International Conference on Global Economy (ICGE) deals with one of
modern life’s pillars – the economy. There are seven councils: Council on Arts and Advertising
(CAA), Council of Swaying Minds (CSM), Marketing and Public Relations (MPR), Market Research
Council (MRC), Business Crisis Simulation (BCS), Stock Market Simulation (SMS), and Investment
and Commercial Banking Simulation (ICBS). ICGE focuses on serving the visually impaired its
work on serving the visually impaired by establishing micro projects for families and providing
financial support. The conference offers students from various majors an early sense of the market
through practical experience. The 12th ICGE, held from April 12-16, 2011, had more than 400
participants and around 700 attendees. Salah AbouAlam, advisor to the chair of the Egyptian
Financial Supervisory Authority, gave the opening speech. Conference activities included a soft
opening, Saturday sessions, junior council, ICGE seminar, ICGE lecture and a sports day.
Volunteers in Action (VIA) organizes educational and recreational events for orphans, providing
literacy classes, micro projects and distributing clothes and food packages. Its latest project
involved helping orphan brides furnish their new homes. VIA provides services to orphans outside
orphanages and its focal area is orphans in Meet Okba.
Main outreach activities conducted throughout the year include:
• Micro projects to help orphans in Meet Okba
• The Tagheez Arayes campaign for collecting donations for 50 orphan brides
• The Keswa campaign for collecting clothes to donate before Eid
• Charitable wedding for seven orphan brides and grooms (November 21, 201)
• Community Service Day (February 2011) for a better Egypt to revive the recycling initiative
on campus.
• Children’s Iftar (August 26, 2011)
• The Iftar to Go campaign (July/august 2011) to deliver food during Ramadan
• The Tamween Packs campaign (August/September 2011)
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Students Events
Students Events
Ossama Hassanein, Willard W. Brown Chair of International Business Leadership
Investing in Egypt: Opportunities and Pitfalls (March 22, 2011)
Dean’s Chat (October 20, 2010)
Sherif Kamel at the Dean’s Chat (October 20, 2010)
The School of Business held the inaugural session of the Dean’s Chat event, in which Dean Sherif Kamel
met with students from the School of Business. Dean Kamel’s new initiative is one that mainly targets
School of Business students, as well as all other constituencies, to update the school community on the
developments taking place at AUC’s School of Business. The Dean’s Chat is intended to be a chance
to explore ideas and share future plans and activities with the School’s stakeholders. Dean Kamel was
keen to explain to students the true competiveness of the job sphere and clarify the importance of extracurricular activities and engagement with the business world outside of the classroom.
Meet the CEO
The Meet the CEO series was launched by AUC’s School of Business in Spring 2010. The series provides
Ossama Hassanein at Meeth the CEO event (March 22, 2011)
Ossama Hassanein, Willard W. Brown Chair of International Business Leadership for the academic
year 2010-11, spoke to School of Business faculty members and MBA students about how to build
a new Egypt. He urged more than 80 attendees to have a passion for, and participate actively
in their society. Hassanein began by presenting current problems in society and suggesting
numerous solutions. He covered many issues related to foreign direct investment, the role of
expatriates, support for entrepreneurs through mentorship, individual initiatives and collective
efforts. Hassanein also offered students descriptions of initiatives they can join and access to
services that can help and guide. The event concluded with a Q and A session where there was an
opportunity for active discussions and an exchange of ideas.
undergraduate and graduate students and alumni with a unique opportunity to hear from some of
the leading names in business and government. The series aims to enhance student exposure to, and
grant them opportunities to learn from, practical work experiences.
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Nevine Loutfy ’74, Managing Director and Chief Executive Officer, National Bank for Development
At Graduate Honors Assembly (May 3, 2011)
During the Graduate Honors
Assembly, Nevine Loutfy
discussed the current financial
status in Egyptian financial
institutions and the vision
needed for the future. Loutfy
offered many useful insights
on steps the Egyptian financial
market must take.
Nevine Lotfy at Meet the CEO event (May 3, 2011)
Ziad Aly ’85, Founder and Chief Executive Officer, ALZAWAD
At the Spring 2011 Undergraduate Honors Assembly (May 8, 2011)
During the Spring 2011 Undergraduate Honors Assembly, Ziad Aly inspired students by providing
insight on ways to succeed.
Students Events
The MBA Debate
The MBA Debate is a new initiative by the chool of Business which seeks to integrate academic
theory with real life experience. It is an open forum to advance the MBA student experience by
offering debates between high-caliber speakers who are capable of discussing important topics
from different angles. Debates are followed by open-ended interactions between the panelists,
MBA students and faculty members.
First MBA Debate (September 29, 2010)
The Importance of Branding
During the first debate, senior level business
professionals discussed the importance of branding
using real life examples from within their respective
business. Panelists included Hatem Dowidar, chief
executive officer at Vodafone Egypt and AUC alumna
Shereen Yasseen, regional innovations director for
foods and beverages in the Middle East and Africa at
Pepsi International. Students from throughout the University attended the debate to hear firsthand
the trials of effective marketing.
Ziad Aly at Meet the CEO event (May 8, 2011)
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Students Events
Second MBA Debate (October 25, 2010)
Third MBA Debate (April 6, 2011)
The Egyptian Financial Sector 2010:
“What are the Opportunities and Challenges Lying Ahead?”
The MBA Debate and the MBA Case Solving Competition
Organized by MBA Program and KCC
“How Can Egyptian Firms Manage the Post-Revolution Business Environment?”
MBA Debate (October 25, 2010)
Although progress toward restructuring the financial sector is currently underway, additional reforms
targeting very specific segments of the financial sector are still urgently needed. This was the
argument presented by panelists at the second MBA debate. Business experts from all walks of life
came together at AUC to discuss the deficiencies in the financial sector and the government’s role
in advancing the Egyptian economy. Panelists included Ghada Waly, United Nations Development
Programme poverty team leader; Karim Helal, chief executive officer at CI Capital and Hisham
Tawfik, chair of Arabeya Online for securities brokerage.
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MBA Debate (April 6, 2011)
High caliber speakers for this debate included Mohamed Mo’men, chair and co-founder of Mo’men
Group; Emad El Sewedy, chief executive officer and managing director of El Sewedy Electrometer
and Beethoven Tayel, founder and managing director of B2LS Consulting. To begin, participants
gave a short introduction on how they set up their businesses. The debate which followed offered
optimistic and pessimistic opinions of the post-revolution business environment. At the debate’s
conclusion, the speakers unilaterally emphasized that the Egyptian economy has not collapsed,
and that when the economy does start growing again it is likely to boom with many opportunities
and hopefully much less corruption. However, they agreed that, during this current transitional
phase, existing businesses do have to consolidate.
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“The School of Business’s new approach in engaging the business
community with its students is a constructive step towards meeting
the demands of the job market.The school has raised the bar of
minimum performance.”
Emad Elsewedy ’88
Chief executive officer, El Sewedy Electrometer;
member of the Entrepreneurship and Innovation Program Council,
School of Business, AUC
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IT Forums
“Leveraging Technology to Solve Key Business Challenges” (October 31, 2010)
Karim Akram ’92, general manager, Orion 360 Business Services
“Time for an Alternative Approach for Cross-Cultural Studies in
Information Systems” (September 8, 2010)
Maged Ali, lecturer of business and information technology at the Business School, Brunel
University, United Kingdom
“Business Process Management” (October 4, 2010)
Omar Hamdy, vice president, Business Solution Division, ValleySoft
“Discussions on IT and the Modern Corporations” (November 11, 2010)
G. Harindranath, senior lecturer in management information systems, the School of Management,
Royal Holloway College, University of London
“Using Information Technology in the Egyptian Revolution”
(February 23, 2011)
Panelists:
Amr Waked ’96, George Thakeb, Gigi Ibrahim, (AUC
student), and Mohamed Waked ’95 ’99 ’04
“Social Media: Trends and Opportunities” (March 16, 2011)
Ossama Hassanein, Willard W. Brown Chair of International Business Leadership
“Information Technology and Cultural Heritage Management” (May 16, 2011)
(Left to right) George Thakeb, Gigi Ibrahim, Amr Waked and Mohamed Waked discuss IT use in the revolution
(February 23, 2011)
Fathi Saleh, director of the Center for Documentation of Cultural and Natural Heritage
“Learning from Failures: Decision Analysis in Asset Management” (November 14, 2010)
Ashraf Labib ’90, associate dean (research), Portsmouth Business School, University of Portsmouth,
United Kingdom
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Economic Forums
“The First Economics Forum: Enhance your Economic Choices” (May 2011)
The Department of Economics organized its first economics forum for undergraduate students and
alumni, which aimed at enhancing
the program and its administrative
procedures and strengthening
departmental curriculum. The forum
provided students and alumni with
space to voice their concerns and
suggestions regarding several
issues. Professors and students
interacted and brainstormed in a
transparent and mutually respectful
environment. This activity is part of the department’s effort to realize its mission and short- and
long-term visions.
“Graduate Student Forum” (May 2011)
The Department of Economics organized a graduate student forum to allow all economics and
economics for international development graduate students to come together and present and
discuss their views, suggestions, and concerns about the programs. It was an opportunity to open
a dialogue between faculty members and staff in a constructive manner.
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Students Awards and Honors
Business Today International Conference (November 21 - 23, 2010)
Mina Iskander Fahmy, a junior finance student, was selected to attend the Business Today
International Conference, one of the world’s premier business symposia, which serves as a
forum for the brightest business individuals to interact with leading executives. The conference
is a three-day, all expenses paid experience for more than 70 leading executives from all over
the United States and 160 of the finest students from all over the world. The event builds
relationships and ideas between students and executives through a series of panels, seminars
and keynote speakers. Further, the conference uniquely features a Harvard Business School case
study competition.
Students receiving certificates for participating in the program at the closing ceremony of Dubai Summer Surprises.
In the middle: Naser Hakim, media center manager in PR and media relations. At the far left: KhadijaTurki, senior
manager of strategic PR and media relations. Second from the left: Yara El-Zahaby, finance senior at AUC (July
2011)
Three AUC School of Business Cases Published by the Richard Ivey School
of Business
Three AUC cases conducted by business students have been published by the Richard Ivey
School of Business: “Orascom Telecom: Risks of Internationalization” written by Dina Zaki
and Farah Zahran; “El Mawardy Jewelry: Expansion During a Recession” by Hend Mostafa, Lila
Mehrez, Sherif Salem, Jylan Sekaly and Ali Tawfik and “Dacia Duster SUV” by Hantulie Oana
Nicoleta. All cases were written under the supervision of Marina Apaydin, assistant professor
of management at the School of Business. It is worth mentioning that Two of the cases were
written by undergraduate students, marking the first time the Richard Ivey School of Business
has ever published undergraduate work.
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Sixth Edition of Dubai Summer Surprises Apprenticeship Program
(June 22 – July 31, 2011)
The program brings together eleven of the brightest minds, representing eleven countries, to
experience working for one of the biggest tourism marketing success stories of the region. Students
from leading universities are invited to compete on the basis of written essays and strategic input,
presenting innovative ideas and vision for the future of the Dubai summer festival. Out of more
than 280 students across 55 universities and educational establishments in the eleven participating
markets, the second winner for the 2011 edition of the program was AUC’s School of Business finance
student, Yara El-Zahaby.
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Graduate Honors Assembly
Undergraduate Honors Assemblies
Fall 2010 Undergraduate Honors Assembly (December 12, 2010)
Graduate Honors Assembly (May 3, 2011)
Spring 2011 Undergraduate Honors Assembly (May 8, 2011)
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Strategic
GOALS
External and Corporate Relations
and Alumni Engagement
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and Alumni Engagement
The Financial Times Profiles AUC’s School of Business
“We are very pleased and proud to have an international partner
such as AUC’s School of Business.
“Innovative Path for Egypt’s Entrepreneurs”
(Published by Ian Wylie, October 10, 2010)
As an accredited business school, AUC’s School of Business has
positioned itself as a leader in business education and research in
the Middle East and North Africa.
The school enjoys an amazing leadership
team, outstanding faculty members and students, and a magnificent campus and
teaching and learning facility.We look forward to developing and expanding our
relationship with such a leading business school and learn about the region and its
future business and entrepreneurial potentials.”
“.....An hour’s drive east of Cairo’s gridlocked streets, the
Cairo desert campus is one of the first nodes in a network of
universities and business schools that the US government is
using to support and educate entrepreneurs in Egypt and other
Muslim-majority countries.....It was Egypt that Mr Obama
selected as the pilot country for a new Global Entrepreneurship
Program. Some 17 organizations have signed up to this USinspired effort to educate Egyptian entrepreneurs – including
AUC...Last year, AUC restructured its School of Business to
align undergraduate and graduate programs with three themes:
entrepreneurship, innovation, and leadership.”
Ali Dastmalchian, PhD
Professor and dean, past chair of Canadian Federation of Business School Deans, Gustafson
School of Business, University of Victoria, Canada
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External and Corporate Relations
International Visitors
and Alumni Engagement
International Visitors
September 19, 2010
Michael Burke, Registrar and Associate Director of Admission, Harvard Kennedy School
Michael Burke talked about various programs at Harvard Kennedy School and possible opportunities for
collaboration.
October 2010
William Kovacic, U.S. Federal Commissioner and Vice Chair of the International
Competition Network
Daniel O’Brien, Senior Economic Adviser, Federal Trade Commission
In collaboration with the Egyptian Competition Authority, the Department of Economics organized lectures
presented by William Kovacic and Daniel O’Brien on “The Economics of Competition Policy: Introduction
and Horizontal Practices” (October 7, 2010), and “The Economics of Competition Policy: Vertical and
Exclusionary Practices” (October 10, 2010).
December 12, 2010
Sir Howard Davies, Director of the London School of Economics and Political Science
Sir Davies gave a lecture titled “Regulating the Financial Markets: Lessons,
Challenges and Prospects for the Aftermath of the World Crisis.” Marking the
inauguration of the Egyptian Institute for Financial Services, Sir Davies combined
penetrating insight with refreshing frankness in his lecture on global financial
regulation. He identified central challenges for the post-crisis financial world,
proposing new regulatory schemes for the future.
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January 10, 2011
Visit by the Faculty Development in International Business – (Middle East and North
Africa Program) Run by the Center for International Business Education and Research
The School of Business hosted 23 faculty members and top administrators from a number of business
schools across the U.S. Faculty Development in International Business (FDIB) - MENA program for
the annual faculty development program run by Center for International Business Education and
Research (CIBER) universities. This year’s
program, funded by the U.S. Department
of Education and managed by CIBER
universities such as the University of
South Carolina, Brigham Young University,
University of Colorado Denver and Temple
Participants of FDIB - MENA program with AUC School of
University, brought faculty from eight other
Business team and AUC alumni (January 10, 2011)
universities including Florida International
and the University of Connecticut. After a tour at AUC New Cairo, Dean Sherif Kamel presented the School
of Business’ new entrepreneurship focus. Ann Lesch, associate provost for international programs,
spoke about the different agreements AUC has with universities across the globe, citing the number of
international students AUC admits to the University each academic year. AUC alumni representatives
Mohamed Osman ’99, Dina El Mofty ’99, and Rania El Din ’91 talked about how AUC helped nurture their
ideas and their entrepreneurial thinking.
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January 13, 2011
Joseph Stiglitz, Nobel Prize-winning economist, professor at Columbia University,
and chair of the Columbia University’s Committee on Global Thought
Nobel Laureate and Columbia Professor Joseph
Stiglitz was the distinguished guest of the Access
to Knowledge for Development Center A2K4D, giving
a lecture titled “Creating a Learning Society: An
Agenda for Dynamic Societies in Uncertain Times” at
AUC Tahrir Square. He emphasized the shortcomings
Left to right: Nagla Rizk, director of A2K4D
and professor Joseph Stiglitz (January 13,
of market fundamentalism in light of the financial
2011)
crisis and highlighted the importance of knowledge
in bridging the developmental gap between countries at different stages of development. Stiglitz
also identified what he believes are pillars of dynamic societies, including access to knowledge as
an important paradigm for developing countries like Egypt.
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International Visitors
External and Corporate Relations
Agreements, Partnerships and Memberships
and Alumni Engagement
Agreements, Partnerships and Memberships
“For the past three years, education in
Egypt has been a top priority.
I have seen AUC’s School of Business
play a major role in this respect.
With its significant efforts in promoting entrepreneurship
education, I am confident that it will have a yet more extensive impact on the
society at large in this extremely important time.”
Dominic Asquith
British Ambassador to Egypt
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Association of African Business Schools
AUC’s School of Business has become a member of the
Association of African Business Schools (AABS). Established
in 2005, AABS’s mission is to promote excellence in business
and management education in Africa by supporting graduate
business schools through capacity building, collaboration and quality improvement. In April 2011,
Sherif Kamel, dean of the School of Business, was elected as a board member for 2012 - 2013.
Accordingly, the school will be hosting the AABS Board Members Meeting on October 1, 2011, for which
the school has designated the School of Business roundtable to address challenges in Africa. The first
event will be held on October 4, 2011, with the theme of Food Crisis Challenges and Opportunities for
Supply Chan Excellence in Africa, to be addressed through a panel discussion and interactive dialogue.
Principles for Responsible Management Education
The School of Business became a signatory to Principles for Responsible
Management Education (PRME). PRME is an initiative based primarily
on the principles of the United Nations Global Compact, which focuses on promoting responsible
management education and research, corporate responsibility and the creation of sustainable
social, environmental and economic values. The School of Business integrates the six principles
of PRME in activities such as a partnership with the John D. Gerhart Center for Philanthropy and
Civic Engagement; in delivering the Corporate Sustainability Capacity Building Program through
the International Executive Education Institute (IEEI) and El-Khazindar Business Research and
Case Center; an entrepreneurship orientation via the Entrepreneurship and Innovation Program
and the Goldman Sachs 10,000 Women Entrepreneurship and Leadership Program; and student
run academic clubs supported by the school’s faculty members which promote the notion of the
successful, yet responsible, business models partly through economic and social sustainability.
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and Alumni Engagement
Global Consortium of Entrepreneurship Centers
AUC’s School of Business is now part of the Global Consortium of Entrepreneurship Centers
(GCEC). The GCEC was founded in 1996 to provide a coordinated vehicle through which
participating members can collaborate and communicate on the specific issues and challenges
confronting university-based entrepreneurship education. GCEC’s current memberships amount
to 200 university-based entrepreneurship centers, ranging in experience from well-established
and nationally ranked, to new and emerging centers. Each year, a global conference is held on
the campus of a GCEC member school. Previous host universities have included the University of
Maryland, University of Southern California, Ball State University, Wake Forest University, Babson
College, Texas Christian University, University of Portland, University of North Carolina- Chapel
Hill, the collaborative Midwest effort of Northern Kentucky University, University of Cincinnati, and
University of Dayton, Syracuse University, University of Arizona, Rice University, and Pennsylvania
State University. The conference, which is held in October of each year, continues to be the major
focal point for the organization.
Yallabusiness.com
HSBC Bank Egypt launched a non-for-profit Web portal named Yallabusiness.com in cooperation
with Financial Services Volunteers Corps (FSVC). The Web portal aims at improving the awareness
of entrepreneurs and small and medium enterprises on how to better manage business and deal
with banks. The School of Business is a partner in promoting this initiative as part of the activities
undertaken by the Entrepreneurship and Innovation Program (EIP).
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Wamda.com
The School of Business partnered with some of the region’s largest and most prestigious business
and entrepreneurship organizations to launch Wamda.com (meaning spark or flash of light),
a platform to help entrepreneurship in the Middle East and North Africa region to resolve the
difficulties of the lack of awareness and resources to turn ideas into businesses. The launch
of Wamda.com took place during a celebration of entrepreneurship that was held in Madinat
Jumeirah Conference Center, Dubai (November 7 - 9, 2010).
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Agreements, Partnerships and Memberships
and Alumni Engagement
“The School of Business continues to fulfill its mission of
providing an excellent education to its enrolled students.
Moreover, the school goes above and beyond the call of duty in
the leading role it plays in utilizing its facilities and resources to
further the cause of innovation and entrepreneurship throughout
the community at large.”
Ahmed El Alfi
Chair, Sawari Ventures
Back: U.S. Ambassador to Egypt Margaret Scobey and His Excellency Minister Tarek Kamel, Minister of
Communication and Information Technology
Front: President Lisa Anderson and Ahmed El Alfi, founder and chair of Sawari Ventures (January 2011)
Partnership Incubator Agreement with Sawari Ventures
At the conclusion of the Global Entrepreneurship Program (GEP) ceremony, held on January 21, 2011,
AUC’s School of Business and Sawari Ventures, an international capital firm that invests in people
turning visionary ideas into market-leading companies in the Middle East and North Africa, signed
an agreement to partner together to create an entrepreneurship lab for incubating entrepreneurs,
called Flat6Labs. The agreement will allow entrepreneurs to work with faculty members at the School
of Business, who will advise and assist them in developing their business plans.
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The Academy of Business in Society
In January 2011, the School of Business became a member of the Academy of Business in Society
(EABIS), which is an alliance of companies,
business schools and other institutions
committed to putting business in society issues
at the heart of management theory and practice.
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Agreements, Partnerships and Memberships
and Alumni Engagement
Department of Economics Agreement with University of Southampton’s School of Social Sciences
Hala El Ramly, associate professor of economics at the School of Business, and Professor
Maozu Lu, director of the Centre for Contemporary China, School of Social Sciences, University
of Southampton, signed a memorandum of understanding on September 7, 2010 to develop
academic exchanges and cooperation in teaching and research for the purpose of advancing
and disseminating learning.
Student Exchange Agreement with NOVA School of Business and Economics,
Universidade Nova de Lisboa
The purpose of this agreement is to establish the terms and conditions under which the exchange
of students between AUC’s School of Business and NOVA’s School of Business and Economics will
take place at the undergraduate and/or graduate level. This agreement was effective on October
31, 2010, and the first cohort of students will be exchanged in Fall 2011.
Memorandum of Understanding Between AUC’s School of Business and the Peter B. Gustafson
School of Business, University of Victoria
The purpose of this MoU is to develop academic and educational cooperation on the basis of
equality and reciprocity and to promote sustainable partnerships and mutual understanding
between both universities. Activities to include joint research activities and publications developed
through the research linkages of individual professors; exchange of faculty and/or staff members,
graduate students and undergraduate students for research and study; and exchange of academic
information and materials in fields of interest.
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Citadel Capital Financial Services Center Signs Partnership Agreement with the London Chartered
Institute for Securities and Investment
Citadel Capital Financial Services Center (CCFC) signed a
partnership agreement with the Chartered Institute for Securities
and Investment (CISI) on December 8, 2010. The agreement
offers AUC students the opportunity to participate in widelyrecognized training programs, sit for CISI qualifying exams, and
(From right to left) Dean Sherif
Kamel and CISI Chief Executive
become accredited professionals by a leading training institute
Officer Simon Culhane sign the
in the field of investment. CISI aims at promoting financial
partnership agreement (December
8, 2010)
knowledge, thus paving the way for those starting their careers
in the financial services industry and enabling AUC students aspiring to pursue a career in finance
to compete in the rapidly changing financial markets. CISI was formed in 1992 by London Stock
Exchange practitioners and provides a wide range of certificates and diplomas covering all areas
of the financial services industry. CISI is awarded a Royal Charter, which defines its status as an
internationally acknowledged training institute.
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and Alumni Engagement
Management Center Partners with World Scout Bureau
The Management Center and the World Organization of
the Scouts Movement’s Arab Regional Office signed a
partnership agreement promoting future collaboration in
offering and delivering professional development programs and joint marketing activities, which aim
to build academic and operational capacity-building programs. The World Organization of the Scouts
Movement is an international youth organization that promotes the education of youth using a value
system based on a community contract known as Scout Promise and Law. The Arab Regional Office
is one of six offices affiliated with the organization. It plays an essential role within the organization
by supporting organizational governing and coordination bodies in their work at the local, regional
and international levels.
(Left) Atel AbdelMagid, regional director
of the Arab Scout Regional Office
(Right) Amr Hamdy, director of the
Management Center at the partnership
signing
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Management Center Collaborative Agreement with the
University of London
To provide students with a wide variety of internationally
accredited educational programs, the School of Business
has initiated the process for collaboration with the University
of London, effective Spring 2011. Through the partnership,
AUC will offer three professional diplomas in international
management, management of information systems and
banking. The programs will address international perspectives
related to management and will be delivered through the
Management Center at AUC’s School of Business.
University of London
delegates tour the campus
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and Alumni Engagement
Renewal of Management Center’s Partnership with Logistics for Consultations and Development,
Saudi Arabia
The Management Center’s Partnership Agreement with The Department of Economic
Development, Abu Dhabi
The partnership aims to provide professional development programs to staff
of the department.
(Left:) Amr Hamdy, director of the Management Center, (Right:) Mohamed ElRafei, chair of Logistics for
Consultation and Development.
Management Center Renews Partnership with the Arab Air Carrier Organization
The partnership seeks to jointly implement professional development
programs in the aviation sector.
Logistics for Consultations and Development has been the Management Center partner in Saudi
Arabia since 2007. The partnership is currently expanding across the kingdom to encompass
Riyadh, Jeddah, Baha, Bisha, Dammam and other cities.
The Management Center’s Partnership with Nasser Medical Institute
The partnership aims to facilitate opportunities for the participants in the Management
Center’s healthcare programs and conduct field visits and projects at the institute.
The Management Center’s Partnership with the Egyptian Chamber of Private Hospitals
The partnership seeks to offer Management Center programs and services to private
hospitals in Egypt.
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School of Business Participation in Local, Regional
and International Events
and Alumni Engagement
School of Business Participates in Local, Regional and
International Events
October 7 - 9, 2010
The 2nd Annual Student Chapter Conference
Mina Stefanos and Olivia Wassef, along with Dina Rateb, associate professor for management
information systems, participated in the Association for Information Systems (AIS) Student
Chapter Conference. The conference was held in Atlanta and hosted by Georgia State University,
and brought together faculty members and student leaders to share best practices among AIS
student chapter universities. Furthermore, the conference provided an opportunity for members of
university chapters to network and to share their best practices in a small, interactive workshopstyle sessions. The event featured a keynote speech about leadership in IT by Randal Robison,
senior vice president and chief information officer at Georgia-Pacific Corporation. The conference
also featured, Benjamin “Coach” Wade, who is a well-known U.S. reality TV Survivor character.
November 6 - 7, 2010
The 15th International Business Information Management (IBIMA) Conference, Cairo
Nahed Azzab, assistant professor of management and Hamed Shamma, assistant professor
of marketing, attended the conference. This annual academic conference, which was held in
cooperation with the School of Business this year, also includes representation from industry and
business, and encourages participation from Europe, Africa, the Middle East and the Far East.
The general theme this year was Knowledge Management and Innovation: A Business Competitive
Edge Perspective.
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December 5, 2010
The American Chamber’s Entrepreneurship and Innovation Council Workshop
The School of Business was an active participant at this major event, organized by the American
Chamber of Commerce in Egypt. Around 150 stakeholders in entrepreneurship gathered for the
daylong workshop titled An Ecosystem in the Making, with the goal to define a vision for an
entrepreneurial ecosystem in Egypt and suggest a plan of action. The workshop focused on four
pillars: culture, finance, legislation and development. Attendees were divided into four groups, and
each group came up with practical suggestions for the way forward.
January 9-12, 2011
The Global Entrepreneurship Program
AUC’s School of Business participated as one of the lead partners alongside Sawari Ventures
and AmCham, in the Global Entrepreneurship Program (GEP) Egypt delegation’s visit. GEP is
the first of two pilot programs to be launched, and is a U.S. Department of State-led effort to
promote and spur entrepreneurship around the world. The GEP Egypt entrepreneurship delegation
brought together U.S. and Egyptian investors, entrepreneurs, and government leaders for a series
of events and meetings designed to foster opportunities for conversation and collaboration. The 11
representatives of the GEP delegation met with 32 Egyptian entrepreneurial applicants, more than
one-third of whom were graduates of AUC. The applicants, each representing different Egyptian
start-up companies, were evaluated on their products and services. The winning companies,
Kngine and SilMinds LLC – whose founder is an AUC alumnus – received $20,000 each.
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External and Corporate Relations
Alumni Recognition
and Alumni Engagement
“AUC’s School of Business continues to be the focus of thought
leadership and innovation for our region. Now, more than ever, we
need this the most.
Thank you for the valuable contribution and difference that you are
making to all of us. It helps us look beyond today in order to create
a better tomorrow”
Ali Q. Jawad,
Strategic advisor, Department of Economic Development, Abu Dhabi, U.A.E.;
member of the Dean’s Strategic Advisory Board,
School of Business, AUC
Alumni Recognition
The School of Business presented the following alumni awards to its
distinguished alumni
December 12, 2010
At the Fall Undergraduate Honors Assembly
Moustapha Sarhank ’85, president, International Business Associates Group; chair emeritus,
Sarhank Group for Investments, Egypt
May 3, 2011
At the Graduate Honors Assembly and Meet the CEO Series
Nevine Loutfy ’74, managing director and chief executive officer, National Bank for Development
May 2011
At the Spring Undergraduate Honors Assembly
Ziad Aly ’85, founder and chief executive officer, ALZAWAD
“The power of youth is undeniable, especially in today’s world.
AUC’s School of Business is playing a key role in creating the
leaders of tomorrow and encouraging talented minds to leave
lasting, positive impact.With programs that are underpinned by
entrepreneurship, innovation, and leadership, the School is creating the
next generation of role models who can lead with vision and courage”
Mustafa Abdel-Wadood’91,
Managing director, Abraaj Capital;
member of the Dean’s Strategic Advisory Board, School of Business, AUC
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Strategic
GOALS
Creating a Culture of Governance,
Academic and Operational Excellence
and Continuous Improvement
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Creating a Culture of Governance,
Academic and Operational Excellence
and Continuous Improvement
Advisory Bodies
Deans’ Strategic Advisory Board
Chair: Adel Danish, PhD, chair and chief executive officer, Xceed, Egypt
STRATEGIC POSITIONING COMMITTEE
CORPORATE ENGAGEMENT COMMITTEE
Co-Chairs
Ayman Ismail, chair and chief executive officer, Dar Al Mimar Group - Mountain View, Egypt
Co-Chairs
Hassan Abdalla ’82 ’94, vice chair and managing director, Arab African International Bank, Egypt
Dipak C. Jain, PhD, dean of INSEAD, former dean and professor of marketing, Kellogg School of Management, Northwestern University, United States
Mustafa Abdel-Wadood ’91, managing director and CEO, Abraaj Investment Management, United Arab Emirates
Members
Ahmed Abdel Wahab, PhD, chair and managing director, FAW Gabriel Hawawini, PhD, The Henry Grunfeld Chaired Professor of
Induatrial Group, Egypt
Investment Banking; former dean of INSEAD, France and Singapore
Aftab Ahmed, city country officer and managing director, Citibank Ali Q. Jawad ’85, PhD, strategic advisor, Abu Dhabi Department of
Egypt (new member)
Economic Development, United Arab Emirates
Richard Barker, visiting professor of accounting, Said Business Salah Khalil, chair, Macat International, former strategy consultant
School, Oxford University, United Kingdom
to Westminster Foundation for Democracy, United Kingdom
Youssef Bissada, PhD, emeritus professor of entrepreneurship, Steve Reinemund, PhD,former chair and chief executive officer,
INSEAD, France; distinguished adjunct professor of entrepreneurship, PepsiCo; dean of the Wake Forrest Schools of Business, United States
The American University in Cairo, Egypt
Christopher Schroeder, chief executive officer, Health Central (new
Ahmed Darwish, PhD, former Minister of State for Administrative member)
Development, professor, Faculty of Engineering, Cairo University, Egypt
Alex Shalaby, chair, The Egyptian Company for Mobile Services,
Ali Faramawy, vice president, Microsoft International, Turkey
Mobinil, Egypt
Ossama Hassanein, PhD, chair, Rising Tide Fund, United States
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Members
Hashem Abou Zeid ’88, vice president, El Mansour & El Maghraby, Khaled Nosseir ’88, chair and chief executive officer, Alkan Group
Egypt
of Companies, Egypt
Nayera Amin ’76 ’81, managing director and chief executive officer, Ahmed Said ’85, PhD, chair, Global Brands Group, Egypt
Piraeus Bank, Egypt
Moustapha Sarhank ’85, president, International Business
Hala Bassiouni, managing director, Egyptian Housing Finance Associates Group; chair emeritus, Sarhank Group for Investments,
Company, Egypt (new member)
Egypt
Hassan El Khatib, managing director, The Carlyle Group, Carlyle Mohamed Zaki El Sewedy, vice chairman and managing director,
Egypt Investment Advisors L.L.C., Egypt
Zaki El Sewedy Group, Egypt
Hisham Fahmy ’74, chief executive officer, The American Chamber
of Commerce, Egypt
Ibrahim Ghattas, managing director, SMG Engineering Automotive
Company, Egypt
Tarek Tewfik, chair, Chamber of Food Industries; vice chair, Farm
Frites, Egypt
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Creating a Culture of Governance,
Academic and Operational Excellence
and Continuous Improvement
Advisory Bodies
Deans’ Strategic Advisory Board
Chair: Adel Danish, PhD, chair and chief executive officer, Xceed, Egypt
PROGRAMS COMMITTEE
Co-Chairs
Soumitra Dutta, PhD, Roland Berger Chaired Professor of Business and Technology, founder and faculty director of elab, INSEAD, France
Safwan Masri, PhD, director of the Columbia University Middle East Research Center; former vice dean and director of the MBA Program,
Graduate School of Business, Columbia University, United States
Members
Karim Abadir ’85, ’91, PhD, professor of financial econometrics, Richard Schmalanse, PhD, John C Head III Dean and Professor of
Imperial College, United Kingdom
Economics and Management, MIT Sloan School of Management,
United States
Hisham El-Khazindar ’96, co-founder and managing director, Citadel
Capital, Egypt
Mona Yassine ’71, former chair, Egyptian Competition Authority; vice
chair, Egyptian Society for the Protection of Competition, Egypt
Omar El Sawy’74, PhD, professor of information systems, Information
and Operations Management Department, Marshall School of George Yip, PhD, professor of management and co-director, Centre
Business, University of South California, United States
on China Innovation, China Europe International Business School,
Shanghai; visiting professor, Imperial College Business School;
Alaa Hashim ’97, chief executive officer, MAC Carpet, Egypt
emeritus dean, Rotterdam School of Management, Erasmus
University, The Netherlands
Jonathan Liebenau, PhD, Reader in Technology Management, London
School of Economics &
Political Science, United Kingdom
Members of the Dean’s Strategic Advisory Board at the Second Annual Meeting of the Board (June 12, 2011)
Dale Meyer, PhD, distinguished professor emeritus, University
of Colorado-Boulder; senior chair, Western Partners Worldwide
Foundation, United States
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“AUC’s School of Business is at the epicenter of the greatest business
and societal change of our time: a burst in Egypt, and around the
globe, of technology-enabled entrepreneurship.
A new generation of young people with limitless talent, dissatisfied
with the status quo, see people like them daily inventing and
building businesses – and through technology are creating innovative
enterprises for their region and around the world.”
Christopher M. Schroeder;
Washington-based Internet investor and entrepreneur;
chief executive officer of healthcentral.com;
writer on the rise of entrepreneurship in The Middle East;
and member of the Dean’s Strategic Advisory Board,
School of Business, AUC
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Creating a Culture of Governance,
Academic and Operational Excellence
and Continuous Improvement
Advisory Bodies
Management Center Advisory Council
Atif Abdelmageed, regional director, World Scout Bureau, Arab
Regional Office, Egypt
Ayman Abdel Latif ’82 ’86, country manager, Microsoft, Egypt
Ashraf Abdel Wahab, former assistant minster, Ministry of
Administrative Development, Egypt
Haifa Jamal Al leil, president, Effat University, Saudi Arabia
Madiha Khattab, chair, Health Committee Policies Secretariat,
National Democratic Party, Egypt
Ghassan Nakad, chief of party, Chemonics International, Egypt
Nader Riad, chair, Bavaria Co., Egypt
Ghanem AlMazroui, executive director, support service, Department
of Economic Development, Abu Dhabi
Hatem Al Shanfari, member of Board of Governors, Central Bank of
Oman, The Sultanate of Oman
Sanaa El Bana, board member, Egyptian Kuwaiti Holding
Company, Egypt
Samir Riad’80, executive director of human resources, AUC,
Egyptian
Amr Salama, former University counselor, AUC, Egypt
Ahmed Samy, chair, Technology and Innovation Council, Egypt
Samia Shenouda’86, former member, Shura Council, Egypt
Fathi El-Sebai, chair, Housing and Development Bank, Egypt
Said Talaat Harb, executive director, Foreign Trade Training Center, Egypt
Members of the Management Center Advisory Council
Amr Hamdy ’86 ’92, director, Management Center, AUC, Egypt
Yasser Hassan ’87 ’91, managing director, El-Watani Bank, Egypt
Amr Touny ’89, director, Institute of Management Development,
Management Center, AUC, Egypt
Ashraf Ismail, managing director, JCI Middle East, Dubai
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Academic and Operational Excellence
and Continuous Improvement
Advisory Bodies
Entrepreneurship and Innovation Program Council
Ayman Abdel Latif ’82 ’86, general manager, Microsoft Egypt
Ghada Howaidy ’86 ’91, director, International Executive Education
Institute, School of Business, AUC, Egypt
Ahmed Abdel-Meguid, assistant professor of accounting, School of
Business and Corporate Governance Club Faculty Advisor, AUC, Egypt Maha Hussein’94, associate operations officer, International Finance
Corporation, Egypt
Ehaab Abdou ’97, Ashoka fellow, advisor, Middle East Youth
Initiative, Wolfensohn Center for Development, Brookings, USA
Nader Iskander ’97, chief executive officer, Enterprise Mobility
Solutions EME, Egypt
Amr Abou Alam, chief executive officer, Smart Village Company, Egypt
Ayman Ismail, chair, Dar Al Mimar Group - Mountain View Egypt
Ghada Darwish’99, managing director, PIZA Industry Supplies Co, Egypt
Ayman Ismail ’95 ’97, managing partner, Enovio Consulting LLC,
Mike Ducker, entrepreneur-in-residence, Global
Egypt
Entrepreneurship Program, GEP Egypt
Hatem Khater, chief executive officer, Namaa for Development and
Ahmed El Daly, chief executive officer, Dale Carnegie Training, Egypt Real Estate Investment, Egypt
and the Gulf
Tarek Mansour ’80, partner, PricewaterhouseCoopers, Egypt
Hashem El Dandarawi, chief executive officer, Dandara for
Development and Investment, Egypt
Maged Mansi ’88, chair, Mansi EyeWear, Egypt
Hussein ElGueretly, chief executive officer, Orange Labs Egypt
Hassan El Khatib, managing director, Carlyle Group
Tarek Osman ’05, managing director, Park Place Partners, Egypt
Nagla Rizk’83’87, associate dean for graduate studies and research;
Emad ElSewedy ’88, chief executive officer and managing director, director of the Access to Knowledge for Development Center; and
ElSewedy Electrometer, Egypt
associate professor of economics, School of Business, AUC, Egypt
Ashraf Gamal, director, Egyptian Institute of Directors
Amr Gohar, chair, ECCO, Egypt
Members of EIP Council at the first council meeting (January 18, 2011)
Khaled Samaha, assistant professor, School of Business, and
Student in Free Enterprise (SIFE) faculty advisor, AUC, Egypt
Iman Seoudi ’95 ’00, assistant professor of management, School of
Ghada Hafez, Entrepreneurship and Innovation Program manager, Business, and Entrepreneurs’ Society faculty advisor, AUC, Egypt
School of Business, AUC, Egypt
Dalia Wahba’90, managing partner, CID Consulting, Egypt
Hossam Heiba ’88, chief executive officer, Beltone Retail, Beltone
Private Equity, Egypt
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“The School of Business is orchestrating a leapfrog for AUC and is
confirming one day after the other that it will remain a leading education
institution that has always been offering effective contribution
to all Egyptians.
The ongoing market engagement in the school’s development is really
ensuring such leadership and effectiveness is maintained and nurtured
everyday, of course could not have happened without a passionate and focused team in place.”
Dalia Wahba ’90
Egyptian entrepreneur, managing partner of CID;
member of the Entrepreneurship and Innovation Program Council,
School of Business, AUC
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Creating a Culture of Governance,
Academic and Operational Excellence
and Continuous Improvement
Communications and Marketing
Launch of the Dean’s Blog (October 1, 2010)
The blog is an interactive virtual meeting point and a communication channel for all school stakeholders
including students, alumni, faculty members, staff, and friends. In addition to serving as a platform to
explore ideas and suggestions, discuss issues related to the school, business education, student life, and
program offerings, the intent of the blog is also to reach to online communities and expand the school’s
online presence.
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Communications and Marketing Office
The School’s Web site
The school’s Web site aims to establish an Internet presence for the school, and to offer information
about the school’s programs, research centers, executive education, faculty, news and events. This
information aims to serve the needs of the global online audience.
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Creating a Culture of Governance,
Academic and Operational Excellence
and Continuous Improvement
The School’s Newsletter
Communications and Marketing Office
The School’s Facebook Page
Newsletter (January 2011)
Newsletter (June 2011)
The newsletter seeks to cover the school’s news and the achievements of different departments,
centers and units, as well as to introduce new opportunities for students and announce upcoming
events and programs.
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The School of Business’s Facebook page is an integral part of the school’s social media presence,
and seeks to create a network for the school stakeholders to facilitate and maximize the reach of
the school, as well as to build more awareness about the school programs and activities in general.
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Creating a Culture of Governance,
Academic and Operational Excellence
and Continuous Improvement
The School’s Twitter Account
School Internal Events
School Internal Events
May 7, 2011
School of Business Retreat
The Twitter account seeks to connect and network with others, to be exposed to a steady stream
of ideas, content, links, resources, and tips focused on education, entrepreneurship, leadership
and innovation, as well as to extend the reach of the school’s activities and to promote the school
in general.
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Provost Medhat Haroun with School of Business faculty members and staff during the retreat (May 7, 2011)
A school retreat was held for faculty members and staff. The retreat followed the 20th meeting for
the Council of the School of Business. Hamed Shamma, assistant professor of marketing, led the
organization of the event.
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Creating a Culture of Governance,
Academic and Operational Excellence
and Continuous Improvement
School Internal Events
Photos by
Peter Wissa
May 10, 2011
The School of Business Sports Day
The School of Business organized a sports day for faculty members and students, sponsored by
Citadel Capital Financial Center, which took place in the ARTOC sports court. The day included soccer,
basketball, and volleyball with the accounting, finance, marketing, and management teams pitted
against one another.
Photos by Peter Wissa
Eskandar Tooma, associate professor of finance and the British Petroleum endowed chair with the
Department of Management, won the Best Talked About prize on the sports day for his organization
of such an enthusiastic event. Tooma announced the winning teams; accounting won first place,
marketing won second place and finance took third place. Medals were distributed by Dina Rateb,
associate professor for management information systems.
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Creating a Culture of Governance,
Academic and Operational Excellence
and Continuous Improvement
Staff Development, Recognition and Awards
“The School of Business is blessed with a wealth of dynamic
talent from faculty members, staff, students, alumni, advisory board
members, and international partners that converge to offer world
class education grounded in local and regional expertise.
Staff Development, Recognition and Awards
The Staff Development Fund
The Staff Development Fund (SDF) was initiated for the purpose of enhancing technical and
personal skills of the School of Business’ staff through continuous training in relevant areas of
expertise to enhance performance.
Awards
Excellence in Management Award
Staff Excellence Award
Staff Excellence Award
Fall Undergraduate Honors
Assembly (December 12, 2010)
Fall Undergraduate Honors
Assembly (December 12, 2010)
Spring Undergraduate Honors
Assembly (May 8, 2011)
Amr Hamdy ’86 ’92
Director, Management Center
Rabab Abuel Fetouh ’97 ’01
MBA Program Executive
Sandy Iskander
External Relations Officer
I am very proud to be part of this team.”
Ghada Howaidy ’86 ’91
Director of the International Executive Education Institute,
director of institutional development,
School of Business, AUC
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Creating a Culture of Governance,
Academic and Operational Excellence
and Continuous Improvement
Certificates for Distinguished Efforts
School of Business Retreat (May 7, 2011)
Heidy Allam, assistant to the chair of the Department of Accounting
Esraa El Bially, communications and marketing officer
Lana El Ramly, head of academic assessment
Sherine Gad El Mawla ’87 ’90, senior corporate relations executive, International Executive
Education Institute
Salma Halawa, communications and marketing assistant
Ghada Howaidy ’86 ’91, director of the International Executive Education Institute (IEEI) and
institutional development
Lina Nada ’99, assistant to the dean of the School of Business
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STATISTICS
School of Business Statistics
August 2011
Faculty
(2010 - 2011)
42
Full-time
faculty
107
119
M embers
M embers
S T A FF
Fac u lty
62
Adjunct
faculty
2010 - 2011
2010 - 2011
3
Emeritus
244
245
The School of Business: Annual Report 2010 - 2011
School of Business Statistics
August 2011
MBA GRADUATE Students
underGRADUATE Students
2010 - 2011
911
(enrolled)
143
27
Fall 2010
Spring 2011
(Enrolled)
Fall 2010
(Graduated)
(Enrolled)
Spring 2011
(Graduated)
Economic Programs GRADUATE Students
80
11
283
(enrolled)
Fall 2010
(graduated)
246
152
31
247
76
15
(enrolled)
Spring 2011
(Graduated)
(Graduated)
Fall 2010
Spring 2011
The School of Business: Annual Report 2010 - 2011
9,244
School of Business Statistics
Undergraduates
and Graduates
Alumni
August 2011
Graduates Alumni
1,998
Undergraduates Alumni
7,246
473
Accounting
408
Economics
85
Economics in
International
Development
1,146
2,846
Business
Administration
248
Master of Business
Administration
3,927
Economics
359
Management
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The School of Business: Annual Report 2010 - 2011
School of Business Statistics
August 2011
1,559
166,000+
Citadel Capital Financial
Services Center
ManagemenT Center ALUMNI
35
Programs
(2010 - 2011)
250
210
Runs
Total Users (including recurring users)
202 34
244
Instructors
Graduates
Scholars
Goldman Sachs 10,000 Women
Entrepreneurship and
Leadership Program
ALUMNI
(2010 - 2011)
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School of Business Statistics
August 2011
International Executive Education Institute
472
244
Participants
International Executive
Education Institute
ALUMNI
67
Companies
Served
10
Programs
4
370
Forums
Training Hours
252
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The School of Business: Annual Report 2010 - 2011
School of Business Statistics
August 2011
El-Khazindar Business
Research and Case Center
El-Khazindar Business
Research and Case Center
Workshops
PUBLICATIONS
6 Case writing
•
3 Case Solving
29 LONG Cases
(17 in partnership with IGI Global Publishing) Case Book
(12 in partnership with IBIMA Publishing) Academic Journals
Competitions
2 Case writing
•
35 Mini Cases
1 Case SOLVING
(13 published and 22 at final editing stage)
28 Micro Cases
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