REPORT ANNUAL 20 11

2011 - 2012
ANNUAL
REPORT
4
TABLE OF
CONTENTS
MESSAGE FROM THE DEAN ........................................................................................................................ 6
VISION AND MISSION ................................................................................................................................. 12
OVERVIEW ............................................................................................................................................... 14
ACCREDITATION ........................................................................................................................................ 16
MEMBERSHIPS ......................................................................................................................................... 18
RANKINGS ................................................................................................................................................ 19
SCHOOL EVENTS - HIGHLIGHTS OF THE YEAR ............................................................................................... 20
s%VENTSFOR3TUDENTS................................................................................................... 22
s(OSTED/RGANIZED%VENTS........................................................................................... 28
s)NTERNATIONAL6ISITORS................................................................................................. 33
s0ARTICIPATIONIN,OCAL2EGIONALAND)NTERNATIONAL%VENTS ................................................ 35
s)NTERNAL%VENTS......................................................................................................... 36
Academic Programs and Student Life ...................................................................................................... 38
.EW!CADEMIC0ROGRAMS............................................................................................................. 41
3TUDENT,IFE.............................................................................................................................. 42
Executive Education ................................................................................................................................ 60
s-ANAGEMENT#ENTER.................................................................................................. 62
s#ITADEL#APITAL&INANCIAL3ERVICES#ENTER..................................................................... 66
s'OLDMAN3ACHS10,000 Women%NTREPRENEURSHIPAND,EADERSHIP0ROGRAM....................... 69
s)NTERNATIONAL%XECUTIVE%DUCATION)NSTITUTE................................................................... 72
Entrepreneurship .................................................................................................................................... 76
s%NTREPRENEURSHIPAND)NNOVATION0ROGRAM.................................................................... 78
Faculty and Research .............................................................................................................................. 84
2ESEARCH#ENTERS....................................................................................................................... 87
s%L+HAZINDAR"USINESS2ESEARCHAND#ASE#ENTER.......................................................... 87
s!CCESSTO+NOWLEDGEFOR$EVELOPMENT#ENTER............................................................... 90
&ACULTY...................................................................................................................................... 92
s"ROWNBAG&ACULTY3EMINAR3ERIES............................................................................... 92
s0ROMOTIONAND4ENURE................................................................................................ 93
s&ACULTY0UBLICATIONSAND2ESEARCH!CTIVITIES................................................................ 94
Development ........................................................................................................................................... 130
)NSTITUTIONAL$EVELOPMENT$IVISION................................................................................................ 132
3CHOOL$EVELOPMENT&UND............................................................................................................ 135
AWARDS AND HONORS ............................................................................................................................... 138
s3TUDENTS................... 141
s!LUMNI................... 143
s&ACULTY...................... 146
s3TAFF...................... 150
STATISTICS ............................................................................................................................................. 154
5
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
T
HIS PAST YEAR %GYPT EXPERIENCED VAST AND SWEEPING TRANSITIONS THAT WILL
PROFOUNDLYIMPACTTHEPOLITICALSOCIALANDECONOMICARENASINTHECOMING
ERA 4O MEET THE PRESSING AND EXPECTED DEMAND FOR ENTREPRENEURIAL AND
INNOVATIVE PRIVATE AND PUBLIC SECTOR LEADERS !5#S 3CHOOL OF "USINESS
EMBARKED ON AN AMBITIOUS SCHEDULE OF EVENTS PROGRAMS AND PARTNERSHIPS
THAT DEMONSTRATES OUR COMMITMENT TO CONTRIBUTING CONSCIENTIOUSLY TO THE
COMMUNITY7EALSOSIGNIFICANTLYINVESTEDINOURACADEMICCURRICULARANDSERVICE
INFRASTRUCTURE TO REFINE AND ELEVATE THE EDUCATIONAL EXPERIENCE AND LAY THE
FOUNDATIONFORFUTUREGROWTH
) WOULD LIKE TO HIGHLIGHT THE SCHOOLS SUCCESSFUL MAINTENANCE ACCREDITATION
REVIEWVISITBYTHE!SSOCIATIONTO!DVANCE#OLLEGIATE3CHOOLSOF"USINESS!!#3"
)NTERNATIONAL 2ENEWED ACCREDITATION FOR THE BACHELORgS DEGREE IN MANAGEMENT
ANDACCOUNTINGASWELLASTHE-"!PROGRAMSIGNIFIESTHAT!!#3")NTERNATIONAL
HAS EXTENDED OUR ACCREDITATION FOR AN ADDITIONAL FULL FIVEYEAR CYCLE !T THE
EXECUTIVEEDUCATIONLEVELTHE-ANAGEMENT#ENTEREARNEDACCREDITATIONFROMTHE
!CCREDITING #OUNCIL FOR #ONTINUING %DUCATION AND 4RAINING !##%4 THE RESULT
OFATWOYEARPROCESSTOACHIEVETHE53BASEDQUALITYMANAGEMENTEDUCATION
RECOGNITION)LOOKFORWARDTOOURCONTINUEDGROWTHANDOUTREACHTHROUGHTHESE
IMPORTANTASSOCIATIONS
!SPARTOFTHESCHOOLSCOMMITMENTTORECRUITINGANDCULTIVATINGAFACULTYBODY
WITH DIVERSE EXPERTISE AND EXPERIENCE WE ENLISTED NEW FULLTIME FACULTY
MEMBERS FOR THIS ACADEMIC YEAR 4HESE FACULTY MEMBERS QUICKLY ASSIMILATED
INTOTHESCHOOLSFABRICANDTHEYCONTRIBUTEDIMMENSELYTHROUGHTHEIRRESEARCH
TEACHINGANDSERVICETOOURMANYACCOMPLISHMENTSTHISYEAR!YMAN)SMAILWHO
FILLEDTHE!BDUL,ATIF*AMEEL%NDOWED#HAIROF%NTREPRENEURSHIPWASNAMEDONE
OF%GYPTSTWOMOSTINFLUENTIALANDINSPIRATIONALFIGURESINBYTHE&ORUMOF
9OUNG 'LOBAL ,EADERS OF THE 7ORLD %CONOMIC &ORUM +EVIN /#ONNELL JOINED OUR
RANKS AS PROFESSOR OF PRACTICE AND THE 7ILLARD 7 "ROWN #HAIR OF
)NTERNATIONAL"USINESS,EADERSHIP
/URINSTITUTIONALINVESTMENTALSOYIELDEDPOSITIVEOUTCOMESINTERMSOFRESEARCH
QUALITYANDOUTPUT!LLTHREE3CHOOLOF"USINESSDEPARTMENTSLANDEDINTHETOP
FIVEMOSTPRODUCTIVEDEPARTMENTSINTHE!5#!NNUAL&ACULTY0UBLICATIONS
LIST !LONGSIDE THE 3CHOOL OF 3CIENCES AND %NGINEERING THE 3CHOOL OF "USINESS
COHOSTED THE !5# 2ESEARCH #ONFERENCE ON %NTREPRENEURSHIP AND )NNOVATION
3HAPING THE &UTURE OF %GYPT WHICH HIGHLIGHTED RESEARCH ON ENTREPRENEURSHIP
AND INNOVATION IN EDUCATION .OTABLY WE ALSO HOSTED THE SERIES 2ESPONSIBLE
6
MESSAGE
FROM THE DEAN
"USINESS 3CHOOLS IN #HALLENGING 4IMES 4OWARD #REATING A 3USTAINABLE %NTREPRENEURIAL %COSYSTEM IN !FRICA AND THE -IDDLE
%ASTFEATURINGTHE&IRST0RINCIPLESFOR2ESPONSIBLE-ANAGEMENT%DUCATION02-%-IDDLE%ASTAND.ORTH!FRICAREGIONALFORUM
h%NTREPRENEURSHIPn3USTAINABILITYn4RANSPARENCY0ROMOTING2ESPONSIBLE-ANAGEMENTINA#HANGING2EGIONvANDTHE"USINESS
3CHOOLS2OUNDTABLE"32h&OOD#RISIS#HALLENGESAND/PPORTUNITIESFOR3UPPLY#HAIN%XCELLENCEIN!FRICAv
)NADDITIONTHESCHOOLINTRODUCEDNEWACTIVITIESANDPROGRAMSTHATEXPANDOURCURRICULUMPROFILEINTONICHEFIELDSANDPROVIDE
STUDENTSWITHHANDSONPROFESSIONALEXPOSUREANDEXPERIENCEINTHEIRCHOSENFIELD4OTHISENDTHESCHOOLLAUNCHEDTHE-"!
PROGRAMWITHCONSTRUCTIONCONCENTRATIONANDOPENEDTHEINAUGURALAPPLICATIONROUNDSFORTHE-ASTEROF3CIENCEINFINANCEAND
THE%XECUTIVE-"!%-"!PROGRAMS4HE%NTREPRENEURSHIPAND)NNOVATION0ROGRAM%)0WHICHWORKSTOSPREADENTREPRENEURIAL
AWARENESSTOALLAUDIENCESWASALSOVERYACTIVE%)0HELDATWODAYEVENTFORENTREPRENEURIALIDEASHARINGANDCOMPETITIONS
THATBROUGHTTOGETHERSEVERALHUNDREDLUMINARIESOF%GYPTSWEBSCENE!MONGMANYDIVERSIFIEDACTIVITIES%)0ALSOHELDITS
OWNCOMPETITIONFekrety-Y)DEAWHICHPROMOTEDANDENCOURAGEDENTREPRENEURIALPRACTICEAMONGYOUNGASPIRING%GYPTIAN
ENTREPRENEURS
/URTALENTEDSTUDENTSONCEAGAINOUTPERFORMEDEXPECTATIONSACROSSTHEIRCLUBSCOMPETITIONSANDEVENTS#LUBSSUCHASTHE
%NTREPRENEURS3OCIETYTHE&INANCEAND)NVESTMENT#LUBTHE#ORPORATE'OVERNANCE#LUBANDTHE-ODEL"USINESS!SSOCIATION
#ONSULTINGPUTONPOPULAREVENTSTHATTACKLEDIMPORTANTISSUESANDUTILIZEDTHERESOURCESONCAMPUSTOOFFERSKILLBUILDING
EXERCISESFORTHESCHOOLCOMMUNITY
!SALEADINGACADEMICINSTITUTIONWEAIMFORSTATEOFTHEARTPROGRAMSTHATBENEFITNOTONLYOURIMMEDIATECONSTITUENTSBUT
ALSOSOCIETYATLARGE4HISANNUALREPORTISPRODUCEDASACOMPREHENSIVEREVIEWOFOURINSTITUTIONALANDACADEMICADVANCEMENT
ANDACHIEVEMENTSFOCUSINGONTHESCHOOLPRIORITIES)HOPETHEREPORTRAISESYOURAWARENESSOFOURRECENTDEVELOPMENTSAND
OFFERSYOUABROADUNDERSTANDINGOFOURLONGTERMAMBITIONSTOEXPAND!5#S3CHOOLOF"USINESSONREGIONALCONTINENTALAND
GLOBALPLATFORMS
Sherif Kamel
!UGUST
7
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
8
Drawing on its inspired faculty, motivated students, dedicated staff and inventive alumni, the
School of Business at The American University in Cairo brings its global reach to building Egypt
in the 21st century.
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 efforts 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.
President Lisa Anderson
!4HE!MERICAN5NIVERSITYIN#AIRO
9
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
10
Year after year, the School of Business continues to play a vital role in the field of business
education in general and entrepreneurship education in specific. The school is seen to be a pioneer
in focusing on producing well-developed leaders who can have key impact on their communities.
Visible efforts made by all constituents of the school are proving to be more and more rewarding
by what is being achieved. I can see this from the kind of work the school has already
accomplished, whether with regard to improving academic quality, advancement of research output,
development of faculty and providing efficient services for students. I am confident that the school
will persist in this same path of excellence, and I hope it achieves further success on national and
international scales.
Provost Amr Shaarawi
!4HE!MERICAN5NIVERSITYIN#AIRO
11
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Vision
Becoming globally recognized as the
leading business school connecting the
region and the world
12
VISION AND MISSION
Mission
Create an environment that fosters the
development of principled and innovative
business leaders and entrepreneurs who can
make a difference
13
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
DEPARTMENTS
$EPARTMENTOF%CONOMICS%#/.
$EPARTMENTOF-ANAGEMENT-'-4
$EPARTMENTOF!CCOUNTING!##4
EXECUTIVE EDUCATION
-ANAGEMENT#ENTER-#
#ITADEL#APITAL&INANCIAL3ERVICES#ENTER##&#
'OLDMAN3ACHS10,000 Women%NTREPRENEURSHIP
AND,EADERSHIP0ROGRAM7%,
)NTERNATIONAL%XECUTIVE%DUCATION)NSTITUTE)%%)
14
OVERVIEW
CENTERS AND PROGRAMS
"USINESS#OMPUTER#ENTER"##
%L+HAZINDAR"USINESS2ESEARCHAND
#ASE#ENTER+##
!CCESSTO+NOWLEDGEFOR$EVELOPMENT
#ENTER!+$
%NTREPRENEURSHIPAND)NNOVATION
0ROGRAM%)0
ADVISORY BODIES
$EANS3TRATEGIC!DVISORY"OARD
3CHOOLOF"USINESS#OUNCIL
-ANAGEMENT#ENTER!DVISORY#OUNCIL
%L+HAZINDAR"USINESS2ESEARCHAND
#ASE#ENTER)NTERNAL!DVISORY"OARD
%NTREPRENEURSHIPAND
)NNOVATION0ROGRAM#OUNCIL
15
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS (AACSB) INTERNATIONAL
4HE3CHOOLOF"USINESSlRSTACQUIRED!!#3"ACCREDITATIONINANDRECEIVEDARENEWED
lVEYEARACCREDITATIONIN
ACCREDITING COUNCIL FOR CONTINUING EDUCATION AND TRAINING (ACCET)
!5#S-ANAGEMENT#ENTERWASGRANTEDlVEYEARSOF!##%4ACCREDITATIONIN
MIDDLE STATES COMMISSION ON HIGHER EDUCATION (MSCHE)
)NSTITUTIONALACCREDITATIONSTATUSISGRANTEDFORAPERIODOFYEARSWITHAMIDWAYPERIODICREVIEW4HE
5NIVERSITYWASGRANTEDRENEWALIN
NATIONAL AUTHORITY FOR QUALITY ASSURANCE AND ACCREDITATION OF EDUCATION (NAQAAE)
!5#ASAWHOLEISACCREDITED4HE$EPARTMENTOF-ANAGEMENTBEGANITSACCREDITATIONPROCESSAND
SUBMITTEDTHEREPORTIN
SOCIETY FOR HUMAN RESOURCE MANAGEMENT (SHRM)
4HECURRICULUMOFTHE0ROFESSIONAL0OSTGRADUATE$IPLOMAIN(UMAN2ESOURCE-ANAGEMENTOFFEREDAT
THE)NSTITUTEOF-ANAGEMENT$EVELOPMENT-ANAGEMENT#ENTERHASBEENCERTIlEDBY3(2-TOBEINLINE
WITHTHE3(2-HUMANRESOURCECURRICULUMGUIDEBOOKANDTEMPLATES
SUPREME COUNCIL OF UNIVERSITIES (SCU)
!LLDEGREESFROMTHE3CHOOLOF"USINESSAREELIGIBLEFOREQUIVALENCYCERTIlCATESISSUEDBYTHE%GYPTIAN
3#5$EGREESAREEVALUATEDEVERYTHREEYEARS
16
ACCREDITATION
In progress:
ASSOCIATION OF MBAS (AMBA)
4HE!-"!ACCREDITATIONAPPLICATIONHASBEENACCEPTEDANDADVANCEDTOTHEPREASSESSMENTSTAGEIN
7ORKISINPROGRESSFORTHECOMPLETIONOFTHESELFASSESSMENTFORM
EUROPEAN QUALITY IMPROVEMENT SYSTEM (EQUIS)
4HESCHOOLHASSUCCESSFULLYPASSEDTHElRSTLEVELINTHE%15)3ACCREDITATIONPROCESS
)TISATWOTIERPROCESSELIGIBILITYANDCOMPLETION
17
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
MEMBERSHIPS
Association of African Business Schools (AABS)
European Foundation for Management Development (EFMD)
Graduate Management Admission Council (GMAC)
4HE-"!TEAMREGISTEREDWITH'-!#ANDAPPLIEDFORMEMBERSHIPIN!UGUST
Principles for Responsible Management Education (PRME)
The Academy of Business in Society (EABIS)
18
RANKINGS
The School of Business was ranked first in Egypt and second in Africa by Eduniversal (2011).
The MBA program was ranked by Forbes Middle East as top in the region (2012).
The MBA program ranked second in the Middle East and Africa, according to QS Global World’s
Top 200 Business Schools Report (2011).
“To those who do not aspire, AUC’s School of Business is merely a body of classes.To
those who tread aimlessly, AUC’s School of Business is even considered a burden. However,
for those individuals who yearn for success and are compelled to undoubtedly excel, AUC’s
School of Business is the quintessential first step; it provides a well-rounded suite of diverse
classes, career-relevant extracurricular activities and opportunities to participate in global
business competitions. I can proudly label it as the epicenter of business education in the
Middle East and North Africa region. Nevertheless, let us remember that perfection is
unattainable, for there will always be room for improvement and development.”
Ahmed Ismail Khairat
!-ASTEROF3CIENCEINlNANCEANDECONOMICS,ONDON3CHOOLOF%CONOMICS"ACHELOROF!RTSINECONOMICS3CHOOLOF"USINESS
4HE!MERICAN5NIVERSITYIN#AIRO
0RESIDENTS#UPRECIPIENT&ALL
19
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
20
SCHOOL EVENTS
HIGHLIGHTS OF THE YEAR
21
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Dean’s Chat
“What’s Next?”
(November 23, 2011)
Dean's Chat
Meet
the
CEO
Distinguished Visiting Professor, School of
Business, Dennis Galletta, professor of information
systems and director, Katz PhD program, University of
Pittsburgh (October 2, 2011)
Suresh Narayanan, chair and chief executive officer,
Nestle Egypt; head, North East African Region, Nestle (May
6, 2012)
Graduate Honors Assembly
Mohamed Sami, vice president, Procter & Gamble Fabric
Care Western Europe
(May 17, 2012)
Spring 2012 Undergraduate Honors Assembly
22
SCHOOL EVENTS - HIGHLIGHTS OF THE YEAR
MBA Debate
“Meet the Entrepreneur: Opportunities
and Challenges”(November 16, 2011)
Hosted and moderated by Tarek Hatem,
professor of management, the debate
included Tarek Sryo, board member of
SASCO Group, and Hind Wassef, founder of
Diwan Bookstores, who talked about the
challenges they faced as entrepreneurs and
how they are managing their businesses.
Tarek Sryo, Tarek Hatem and Hind Wassef
“Corporate Social Responsibility,
Entrepreneurship and
Corporate Governance:
Toward a Sustainable Egypt”
(March 14, 2012)
Students and faculty members from The
George Washington University joined
the debate, as the continuation for their
study-tour program. Moderated by Ahmed
Abdel-Meguid, assistant professor of accounting, and Hamed Shamma, assistant professor of
marketing, the discussion featured Mohamed
El Sawy, chief executive officer of Encon Group; Ahmed Ragab, an independent management
consultant; Raghda El Ebrashi, AUC alumna and founder of Alashanek Ya Balady
nongovernmental organization; and Ayman Ismail, assistant professor and Abdul Latif Jameel
Endowed Chair of Entrepreneurship at AUC's School of Business.
23
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
IT Dennis
FORUM
Galletta,
professor of information
systems and director of the doctoral program at
the Katz Graduate School of Business, University
of Pittsburgh (October 2, 2011)
“Don’t Forget about Human Factors in
System Development”
Panel: Abdullah Assal, founder of offerna.com; Mostafa Abou El Nasr, founder and chief executive
officer, Bebasata.com; Aly Rafei, founder of Bey2ollak application; Eman Adel, owner of Forever Shine online
company (November 2, 2011)
“Online Business: Stories of Internet Entrepreneurs in Egypt”
Wael Ghonim, political activist; former
Google marketing manager for the Middle
East and North Africa; founder, NABADAT
nongovernmental organization
(November 16, 2011)
“Education 2.0: With Technology We Can
Make a Difference”
24
SCHOOL EVENTS - HIGHLIGHTS OF THE YEAR
Junichi Lijima, professor,
Department of Industrial Management
of Engineering; vice dean, Graduate
School of Decision Science and
Technology, Tokyo Institute of
Technology, Japan (February 29, 2012)
Amr Badr El Din, adjunct professor of
information systems,
School of Business, AUC,
(March 21, 2012)
John Gunson, visiting professor at Fayoum University; chair, Health Informatics and Health Sector
Project Management (April 5, 2012)
25
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Transforming
Egypt
Seminar
Series
“The Power of Social Networks”
(October 3, 2011)
Dennis Galletta, professor of information systems and director of the doctoral program at the Katz
Graduate School of Business, University of Pittsburgh
Video Link Initiates Dialogue Between AUC and Qatari Students
on the Egyptian Revolution
(October 30, 2011)
Moderated by Nagla Rizk, associate dean of graduate studies and research, the discussion focused on the
Egyptian revolution, its aftermath and the impact of both on Egypt’s future.
26
SCHOOL EVENTS - HIGHLIGHTS OF THE YEAR
Ekne3ney Shokran
(July 3, 2012)
The first economic debate in
Arabic, moderated by Ahmed Ezzat,
co-founder of Ekne3ney Shokran
initiative, addressed the motion: The
government should play a major role
in production. Arguing for the motion
was Abdelkhalek Farouk, head of the
Nile Center for Economic and Strategic Studies. Ahmed Kamaly, chair of AUC’s economics department,
argued against the motion. The debate was aired through ONTV channel. Partners included AUC’s
School of Business, represented by Nagla Rizk and Samer Atallah, as well as PriceWaterhouseCoopers,
represented by Tarek Mansour and Ashraf El Katib.
Open Debate Form
Open Debate Forum
(February 19, 2012)
The Department of Economics
organized an hour of reflection on
thoughts and concerns regarding the
current and future situation of the
country. Economics students were
encouraged to initiate any discussion
topic that they deemed important with
regard to Egypt.
27
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Hosted/Organized Events
Responsible Business Schools in Challenging
Times: Toward Creating a Sustainable Entrepreneurial
Ecosystem in Africa and the Middle East
(October 1 - 4, 2011)
Events included:
sAssociation of African Business Schools (AABS)
Board Meeting This was the first time the board
meeting was held in Egypt, as AUC’s School of
Business is the only representative of Egypt and
the Arab region in AABS.
sThe First Principles for Responsible Management
Education (PRME) Middle East and North Africa
(MENA) Regional Forum, “Entrepreneurship
– Sustainability – Transparency: Promoting
Responsible Management in a Changing Region”
Attendees included deans of business schools,
faculty members, students, entrepreneurs,
representatives and corporate executives. More
than 40 speakers represented 10 different
countries: Egypt, Germany, Holland, Jordan,
Lebanon, Nigeria, Qatar, Spain, Turkey and the
United States.
28
Association of African
Business Schools
SCHOOL EVENTS - HIGHLIGHTS OF THE YEAR
The effort of AUC’s School of Business in promoting the Principles for Responsible
Management Education (PRME) and sustainability at large was acknowledged in The
Inspirational Guide for the Implementation of PRME: Placing Sustainability at the Heart
of Management Education. The guide was produced on the occasion of the third Global
Forum for Responsible Management Education and the Rio+20 Earth Summit, which took
place in Rio de Janeiro, Brazil (June 2012). The case story titled “Seizing Opportunities
in Challenging Times: The Story of the First PRME MENA Regional Forum” showcased
the success of the first PRME forum in the Middle East and North Africa region,
“Entrepreneurship – Sustainability – Transparency: Promoting Responsible Management in
a Changing Region” (October 2011). The story was compiled by Ahmed Abdel-Meguid,
assistant professor of accounting and the school’s PRME liaison.
PRME Middle East and North Africa Regional Forum
29
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Hosted/Organized Events
sThe Business Schools Roundtable on “Food Crisis
Challenges and Opportunities for Supply Chain
Excellence in Africa”
Attendees included deans from more than 15 different
schools spread across Africa, Asia and Europe, in
addition to senior executives from the corporate world,
as well as food and logistics business sectors operating
in Egypt and the Middle East and North Africa region.
Huseyin Avni Botsali, Turkish ambassador to Egypt,
Business Schools Roundtable (BSR)
delivered the keynote speech. The events were supported by the
Arab African International Bank as a platinum sponsor and The Bakery
Shop as an entrepreneurial sponsor.
Fourth Euro-African Conference in Finance and
Economics (May 7 - 9, 2012) The Euro-African Conference in
Finance and Economics (CEAFE) brought together 33 institutions
from 13 different countries. World-renowned scholars were invited
as keynote speakers: François Bourguignon, director of the Paris
School of Economics and former chief economist of the World
Bank; AUC alum Mahmoud El Gamal, professor at Rice University;
and John Muellbauer, professor at Nuffield College, University
Mahmoud El Gamal
(left), professor at Rice
University, and Karim
Seghir, associate dean
of undergraduate studies
and administration and
assistant professor of
economics at AUC’s
School of Business
30
of Oxford. The event was co-sponsored by Angola Business
School, CORE - Université Catholique de Louvain, Ecole Polytechnique de Tunisie,
Economic Research Forum, GREQAM- Université d’Aix-Marseille, Institut Français
d’Egypte, Management Center, NOVA School of Business and Economics, Paris
School of Economics and Université Paris 1-Panthéon-Sorbonne. It received additional
sponsorship from the Journal of Applied Econometrics.
SCHOOL EVENTS - HIGHLIGHTS OF THE YEAR
“Egypt’s Economic Woes: Fact or Fiction”
(March 9, 2012)
The Behind the Headlines media roundtable
was
attended by several Egyptian and foreign journalists,
and was moderated by AUC alumnus Khaled Dawoud,
assistant editor-in-chief of Al Ahram Weekly and
former
correspondent for Al Ahram newspaper in Washington.
Egypt's Economic Woes: Fact or Fiction
A panel composed of Galal Amin, professor emeritus; Abdelaziz
Ezzelarab, professor of political economy; Mohamed Al-Ississ, assistant professor of economics; and
Monal Abdel Baki; assistant professor of economics, discussed the challenges confronting Egypt’s
financial systems and the mechanisms required to resuscitate its market in the coming period.
AUC Research Conference: Entrepreneurship and Innovation:
Shaping the Future of Egypt
Khaled Ismail, chair, Endeavor
Egypt, and member of the Dean’s
Strategic Advisory Board, School
of Business, AUC; keynote speaker
at the AUC Research Conference
Speakers’ Dinner (April 17, 2012)
31
(April 17 - 19, 2012)
The conference was organized jointly by the School of Business and the
School of Sciences and Engineering; co-chaired by Nagla Rizk, associate dean
of graduate studies and research, and Hassan Azzazy, professor of chemistry.
Distinguished keynote speakers were Shailendra Vyakarnam, director of the
Centre for Entrepreneurial Learning, Judge Business School, University of
Cambridge; and Andrew David Penaluna, chair of creative entrepreneurship,
Swansea Metropolitan University. Discussions included notable academic
speakers, as well as Egyptian practitioners and entrepreneurs. The
conference hosted a student competition open to high school, undergraduate
and graduate students from all over Egypt, and an Entrepreneurship and
Innovation exhibition. A number of initiatives and collaborative agreements
emerged
from the conference, which welcomed more than 250 attendees.
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Hosted/Organized
Events
Dean’s Strategic Advisory Board
Third Annual Meeting and Dinner
(May 27 - 28, 2012)
The third annual Strategic Advisory Board
meeting discussed possible affiliations,
past events and activities, as well as
the board’s new structuring. Three new
members joined the board; Ahmed El
Alfi, founder and chair, Sawari Ventures,
Egypt; Mona El Baradei, executive director of the Egyptian Banking
Dean’s Strategic Advisory Board Third Annual
Meeting and Dinner
Institute, Central Bank of Egypt; and Khaled Ismail, chair, Endeavor Egypt.
“Studying for Master of Arts in business at AUC changed my perspective of what
education, learning and application of theory mean.When I started my PhD at the
University of Stockholm, I very quickly realized that I was as prepared for pursuing
graduate studies as alumni from the leading universities worldwide. As a faculty member
at AUC's School of Business, I am constantly energized by the continuous improvement
in our curriculum, establishing collaborations with other institutions, being ranked
amongst the top schools in the region and taking active strides to realizing our vision.
I am especially proud of our graduates.Wherever I go, I almost always find one of my
students in a leadership position. Many tell me how their business education at AUC
helped them think, grow, innovate and have an entrepreneurial spirit.”
Mohga Badran '75
0ROFESSORAND#HAIR$EPARTMENTOF-ANAGEMENT
3CHOOLOF"USINESS!5#
32
SCHOOL EVENTS - HIGHLIGHTS OF THE YEAR
International
Visitors
Folk och Försvar Study Tour
to Egypt
(March 14, 2012)
Karim Seghir, associate dean
of undergraduate studies and
administration and assistant
professor of economics, presided
over a discussion on Egyptian
economic challenges between
-
Folk och Försvar Study Tour to Egypt
distinguished professionals from the Swedish
nongovernmental organization Folk och Försvar (Society and Defense), Society and Defense, and a
group of students and faculty members from the School of Business. Folk och Försvar consists of
representatives from various spectra of Swedish society. This includes journalists, parliamentarians
and representatives from more than 60 member organizations, as well as different authorities such
as the armed forces, governmental offices and think tanks.
Association of African Business Schools
Deans’ Study Tour
(June 5 - 6, 2012)
The visit included deans and directors from South Africa, Ghana and other countries. Delegates
explored the school with a focus on management, faculty development and executive education.
During the event, the School of Business presented the project it initiated and is leading, Regional
Training Program: Challenges and Opportunities for Food Supply Chain Excellence in Africa. The
delegates also met with deans and directors of other schools and centers at AUC.
33
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
International
Visitors
Spouses of Heads
of Mission
(April 24, 2012)
The School of Business
welcomed 21 spouses of
heads of missions appointed
in Egypt. The daylong visit
started by a campus tour,
followed by a welcome
from AUC President Lisa
Anderson, who delivered a
lecture on the University’s
objectives as an academic institution and how it aims to cater to society at large.
Nagla Rizk, associate professor of economics, associate dean of graduate studies
and research at the School of Business and director of the Access to Knowledge
for Development Center, delivered a lecture titled “Access to Knowledge:
Freedom of Information and Egypt’s Revolution.”
34
Spouses of Heads of Mission
SCHOOL EVENTS - HIGHLIGHTS OF THE YEAR
Participation in Local, Regional and
International
Events
Third International Exhibition
and Conference on Higher
Education
(April 17 - 20, 2012)
Saudi Arabia’s Ministry of Higher
Education hosted its third annual
convention International Exhibition
and Conference on Higher
Education (IECHE), which is ranked as the top convention on
Third International Exhibition and Conference
on Higher Education
higher education within the Middle East. There were around
440 exhibitors from more than 30 countries, and more than 270,000 participants. Karim
Seghir, associate dean of undergraduate studies and administration, represented the School of
Business at the event, providing information and presenting a seminar on the school, which is
the first academic institution to participate in this exhibition as Egypt’s representative.
2011 European Foundation for Management Development (EMFD)
Conference in the Middle East and North Africa Region
(November 13 - 15, 2011)
Sherif Kamel, dean of AUC's School of Business, chaired the EMFD conference, which was hosted
by Ecole de Management in Casablanca. Its theme focused on the challenges and opportunities
presented in the new Middle East and North Africa (MENA) region. Nagla Rizk, associate dean of
graduate studies and research, and Karim Seghir, associate dean of undergraduate studies and
administration, led the discussions around research relevance and funding. In addition, Graham
Harman, associate provost for research and administration, discussed research in the MENA region.
35
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Internal Events
36
Orientation for New Faculty
(September 6, 2011)
Celebration of five-year renewal of accreditation by
AACSB and the Management Center being granted
five-year accreditation by ACCET, hosted by
President Lisa Anderson (May 6, 2012)
Faculty and Staff Meeting
(February 14, 2012)
Second Sports Day (May 8, 2012)
Staff Gathering (April 3, 2012)
Second Annual Retreat for Faculty and Staff
(May 10 - 11, 2012)
SCHOOL EVENTS - HIGHLIGHTS OF THE YEAR
“In line with The American University in Cairo’s historical growth and unique approach
to education that adjusts to the needs of an ever-changing world, AUC’s School of Business
this year faced head-on the myriad trials and tribulations introduced by Egypt’s post-Arab
Spring growing pains.We adapted and excelled by investing in academic and institutional
capital: promoting innovation in curricula, faculty training, teaching methods, research and
executive education that move beyond the conventional boundaries of management education.
This tailored education equips students with the forward-thinking ingenuity necessary for
navigating the modern globalized economy, whether as business leaders or through the pursuit
of graduate studies at top universities.
The dedicated teamwork of our distinguished faculty, bright students, committed alumni and advisory board, talented staff
and valued friends produced numerous and noticeable advancements: acquiring and maintaining accreditation, achieving
research and publication milestones, cultivating student distinction, supporting a broad range of extracurricular activities,
hosting acclaimed speakers and events, creating avenues for academic and professional partnerships with top institutions,
launching exciting new courses and programs, and nurturing an international learning experience.
These gains encouraged students to actively participate in their own personal and professional development processes, both
through on-campus extracurricular activities and by attending prestigious international conferences and competitions.They
also raised the profile of our esteemed faculty, supporting recruitment and opening paths for regional and global partnerships
and research. Furthermore, these achievements facilitated our mission to promote regional entrepreneurship-friendly
economies; to sustain and link the region to the global business community; and to educate ethical leaders, innovators and
entrepreneurs who know how to create lasting values.
I would like to congratulate our stakeholders for these remarkable achievements that contributed to our drive to the forefront
of regional and global business and economics expertise. I am confident that our upward trajectory leads to the ranks of the
top, world-class business schools.”
Karim Seghir
!!SSOCIATE$EANOF5NDERGRADUATE3TUDIESAND!DMINISTRATION
!SSISTANT0ROFESSOROF%CONOMICS3CHOOLOF"USINESS!5#
37
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
38
ACADEMIC PROGRAMS
AND STUDENT LIFE
39
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
“I have been a member of the board of AUC for nearly 20 years and have
seen liberal arts thinking applied to business concepts evolve from several
courses at the University to a drive to create the new business school due to the energy, passion
and enormous appetite for creativity and hard work demonstrated by its founding dean.The
local and international reputation of the school has grown significantly, seemingly overnight,
and it will continue to be a magnet for business creation and transformation in Egypt
and the region.”
Peter Giblin
!!5#4RUSTEE
40
ACADEMIC PROGRAMS
NEW ACADEMIC PROGRAMS
Master of Science in Finance
4HE SCHOOL LAUNCHED ITS -ASTER OF 3CIENCE IN lNANCE -3&
PROGRAM WHICH TARGETS STUDENTS WITH MULTIDISCIPLINARY
INTERESTSWHOSEEKTOACQUIRETHElNANCIALKNOWHOWTOEXCEL
INCAREERSRELATEDTOlNANCE$ESIGNEDTOATTRACTSOPHISTICATED
AND COLLEGIAL PARTICIPANTS THE PROGRAM PRIMARILY CATERS TO
INDIVIDUALS INTERESTED IN PURSUING CAREERS IN THE lELDS OF
INVESTMENTBANKINGCORPORATElNANCElNANCIALANALYSISAND
PORTFOLIO MANAGEMENT IN ADDITION TO INSTITUTIONS INVOLVED IN
THE TRADING OF lNANCIAL INSTRUMENTS 4HE TWOYEAR PROGRAM
TRAINSITSSTUDENTSTOACQUIREINDEPTHlNANCIALKNOWLEDGEAND
ROUNDS THEM AS lNANCE PROFESSIONALS WHO CAN INTERPRET THE
INDUSTRYS BEST RELEVANT DECISIONS AND EFFECTIVELY IMPLEMENT
THEMTOMEETMARKETDEMANDS
Launch of the Master of Science in finance program
Executive Master of Business Administration
)NTHE3CHOOLOF"USINESSLAUNCHEDTHEGLOBALLYORIENTED%XECUTIVE-ASTEROF"USINESS!DMINISTRATION%-"!PROGRAM4HE
PROGRAMWILLSTARTIN&EBRUARYANDGRADUATIONWILLBEIN-AY4HE%-"!PROGRAMISDESIGNEDFORWELLESTABLISHEDEXECUTIVES
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JOURNEYTOBRINGOUTTHEBESTOFTHEIRLEADERSHIPQUALITIES
NORTHWESTERN UNIVERSITY
41
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
STUDENT LIFE
Undergraduate Students
/FlCEOF3TUDENT3ERVICES
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GAINREALWORLDEXPERIENCEANDEXPLOREAVARIETYOFCAREERlELDSTHROUGHEXCHANGE
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42
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THEIR ACADEMIC DEVELOPMENT AND CAREER POTENTIAL "OARD MEMBERS
ARE CONSIDERED LIFE COUNSELORS EXPRESSING INTEREST IN ALL ASPECTS
OF THE STUDENTS LIFE CONTRIBUTING TO THE TASK OF CAREER COUNSELING
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GRADUATIONHANDSHAKE
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43
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SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
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“The School of Business is always setting new standards that enable its students to
attain their ultimate academic and developmental goals.With a focus on preparing leaders
and entrepreneurs, the School of Business has established its position as a trusted and
indispensable source of knowledge and support to all its students through its determination
to provide them with ongoing support and guidance throughout their journey within
and beyond AUC. I am honored to be a part of this dynamic, innovative team that
enthusiastically works together toward excellence with a passion.”
May Ibrahim Ramadan '99
!3ENIOR-ANAGER/FlCEOF3TUDENT3ERVICES3CHOOLOF"USINESS!5#
45
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
!CCOUNTING3TUDENTS6ISITTO0RICEWATERHOUSE#OOPERS
$ECEMBER
!SPARTOFTHESCHOOLSONGOINGEFFORTSTOMAINTAINAGROWING
RELATIONSHIP WITH INDUSTRY !HMED !BDEL-EGUID ASSISTANT
PROFESSOR OF ACCOUNTING ARRANGED A lELD TRIP FOR ACCOUNTINGSTUDENTSTOVISIT0RICEWATERHOUSE#OOPERS0W#
4HEVISITINCLUDEDASERIESOFPRESENTATIONSANDDISCUSSIONS
WITH0W#PERSONNELINCLUDING4AREK-ANSOUR%GYPTSENIOR
PARTNER .ABIL $IAB RISK ASSURANCE PARTNER -OHAMED
&OUAD ASSURANCE PARTNER !MR %L -ONAYER INTERNATIONAL
TEXTSERVICESPARTNER6ERONICA9OWCORPORATERESPONSIBILITY
MANAGERAND3ALMA%L3HABRAWYRISKASSURANCEASSOCIATE
Accounting students visit PricewaterhouseCoopers
(December 6, 2011)
“Being a part of the School of Business for the past four years has been an incredible journey.
Seeing the evolution of the school prompted by enthusiastic and passionate members was
fascinating. I am proud to have belonged to such an amazing family and grateful for the
opportunities it has generously granted me.”
Nathalie Alphonse
!3TUDENT&INANCE-AJOR
46
STUDENT LIFE
STUDENT CLUBS
With School of Business Faculty Advisers
Accounting Link Club
Faculty Adviser: Khaled Samaha, assistant professor of accounting
9OUNG4AX0ROFESSIONALOFTHE9EARn/UR3EARCHFOR4OMORROWS4AX4ALENT
-ARCH
4HECOMPETITIONWASHELDUNDERTHEAUSPICESOFTHE3CHOOLOF"USINESSANDINCOOPERATIONWITH%RNST9OUNG!HMED%L3AYEDTAX
PARTNERAT%RNST9OUNGDELIVEREDTHEWELCOMESPEECH$IVIDEDINTOTWOSTAGESTHECOMPETITIONWASlRSTHELDAT!5#.EW#AIRO
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TOOKPLACEIN"OSTONWHERElNALISTSWORKEDCLOSELYWITHPEOPLEFROMDIFFERENTCULTURESANDBACKGROUNDS
Association for Information Systems (AIS) Student Chapter
Faculty Adviser: Dina Rateb ’84, associate professor of management
information systems
!)33TUDENT#HAPTER!WARD)NTERNATIONAL
#ONFERENCEON)NFORMATION3YSTEMS
3HANGHAI#HINA$ECEMBER
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MANAGER)NTEL%GYPT
47
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Association International des Etudiants en Science Economiques et Commerciales (AISEC)
Faculty Adviser: Ahmed Tolba ’97, ’01, assistant professor of marketing
-AINACTIVITIESINCLUDED
%XCHANGE PROGRAM ALUMNI EVENT LAUNCHING THE /UTGOING 'LOBAL #OMMUNITY $EVELOPMENT 0ROGRAM TO RECRUIT EXCHANGE PARTICIPANTS
EXCHANGEPARTICIPANTSFROM!5#TOTRAVELABROAD
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s0ROJECTHorreya&OCUSEDONHUMANRIGHTS
s0ROJECT-A$&OCUSEDONSCHOOLS
s0ROJECT4HINK'REEN&OCUSEDONTHEENVIRONMENT
s0ROJECT,EAVE9OUR&INGERPRINT&OCUSEDONUNDERPRIVILEGEDCHILDREN
s0ROJECT0AINTA#LEAN%NVIRONMENT&OCUSEDONPROMOTINGTHEENVIRONMENTTHOUGHART
4ALENTMANAGEMENTINITIATIVESINCLUDINGAPUBLICSPEAKINGEVENTDELIVEREDBY!DHAM!BDELSALAM.ILE&-RADIOHOSTATWODAYTRAINING
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SESSIONDELIVEREDBYATRAINERFROM'ERMANY
Corporate Governance Club (CGC)
Faculty Adviser: Ahmed Abdel-Meguid, assistant professor of accounting
4HE#ORPORATE'OVERNANCE#LUB#'#WASSUPPORTEDBY
&INANCIAL3PONSORS3AWIRIS&OUNDATIONFOR3OCIAL$EVELOPMENT"$/+HALED#O'RANT4HORNTON-OHAMED
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/CTOBER
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MANAGING PARTNER "$/ +HALED #O AND .ABIL $IAB PARTNER AND REGIONAL
INTERNALAUDITLEADER0RICEWATERHOUSE#OOPERS
48
Second annual corporate governance competition on
fraud (October 13 - 15, 2011)
ACADEMIC PROGRAMS
AND STUDENT LIFE
4HEEVENTCONCLUDEDWITHAQUALIFYINGEXAMFOLLOWEDBYASPEEDBASEDCOMPETITIONINWHICHTOPPARTICIPANTSWEREAWARDEDMONETARY
PRIZES-OATAZ-EHALLELACCOUNTINGSENIORAND#'#PRESIDENTLEDTHE#'#CREW
4HIRD!NNUAL#'##OMPETITION!.EW"USINESS%NVIRONMENTFORA.EW%GYPT
-ARCH
4HE COMPETITION INCLUDED !IN 3HAMS 5NIVERSITY #AIRO 5NIVERSITY THE "RITISH
5NIVERSITY IN %GYPT 3ADAT 5NIVERSITY (ELWAN 5NIVERSITY AND 4HE !MERICAN
5NIVERSITY IN #AIRO !MONGST A POOL OF APPLICANTS STUDENTS WERE
SELECTED RESPECTIVELY FROM EACH UNIVERSITY !SHRAF %L 3HARKAWY CHAIR OF THE
%GYPTIAN&INANCIAL3UPERVISORY!UTHORITYANDCHAIROF THE%GYPTIAN)NSTITUTEOF
$IRECTORS%)O$BOARDOFTRUSTEESDELIVEREDASPEECH+ARIM3EGHIRASSOCIATE
DEANOFUNDERGRADUATESTUDIESANDADMINISTRATIONATTHE3CHOOLOF"USINESS
DELIVEREDALECTURE4HECEREMONYWASMODERATEDBY!HMED!BDEL-EGUIDAND
.OAMAN+HALID3AMIRACTING#'#PRESIDENT!5#CAMEINlRSTWHEREASTHE
"RITISH5NIVERSITYIN%GYPTAND!IN3HAMS5NIVERSITYDREWATIEINSECONDPLACE
4HEGUESTSPEAKERATTHECLOSINGCEREMONYWAS-OHAMED%L3AWY#ORPORATE
3OCIAL2ESPONSIBILITY#32COMMITTEEHEADATTHE%GYPTIAN*UNIOR"USINESS
!SSOCIATION
Ashraf El Sharkawy, chair of the Egyptian Financial
Supervisory Authority and chair of the Egyptian
Institute of Directors (EIoD) board of trustees
#'#!MBASSADOR0ROGRAM
,AUNCHEDDURINGTHISACADEMICYEARTHEPROGRAMAIMSATEXPANDINGTHESCOPEOF#'#BYESTABLISHINGANETWORKOFREPRESENTATIVES
INOTHERGOVERNMENTALANDPRIVATEACADEMICINSTITUTIONS#'#AMBASSADORSACTASLIAISONSBETWEENTHE#'#!5#TEAMAND#'#
MEMBERSATOTHERUNIVERSITIES
“It’s all about the culture! I personally believe that the School of Business at AUC is a very
unique environment, which elegantly meshes privileges of academia such as scholarly freedom,
inquisitive research, and the honorable quest to learn and teach others with positive traits of any
successful ‘business’ entity such as a clear vision, strong leadership that fosters empowerment,
well-defined goals and pronounced teamwork. The notions of continuous improvement and
quality assurance are being engraved in everything we do. In such a setting, successes quickly
become stepping stones toward more ambitious goals. Being a faculty member at the School of
Business is simply enjoyable.”
Ahmed Abdel-Meguid
!!SSISTANT0ROFESSOR$EPARTMENTOF!CCOUNTING&OUNDING&ACULTY!DVISER
#ORPORATE'OVERNANCE#LUB3CHOOLOF"USINESS!5#
49
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Entrepreneurs Society (ES)
Faculty Adviser: Iman Seoudi ’95, ’00, assistant professor of management
3ECOND!NNUAL*AMBOREE$AY
*AMBOREE MEANS TO ENGAGE IN NOISEMAKING ACTIVITIES $URING THE FAIR STUDENT
ENTREPRENEURSSOLDTHEIRPRODUCTSANDSERVICESANDPERFORMEDPUBLICRELATIONSSTUNTS
IN ORDER TO RAISE INTEREST IN THEIR BUDDING BUSINESSES 4HE %NTREPRENEURS 3OCIETY
ACCEPTEDBUSINESSPROPOSALSFORTHE*AMBOREEANDSETUPABOOTHROTATINGSYSTEM
TOENSUREAFAIRANDDIVERSEEXPERIENCE3TUDENTSPAID,%FORONEFULLDAY,%
FORTWODAYSAND,%FORFOURDAYS!TOTALOFBOOTHSWERERENTEDAND
ABOUTHALFOFTHEMPROlTEDUPTO,%4HEENTIREPROCESSGAVESTUDENTSPRACTICAL
ENTREPRENEURIALEXPERIENCETOEXERCISETHEIRIDEASINALESSRISKYENVIRONMENT
*UNIOR"USINESS0LAN#ONTEST&OSTERS9OUNG%NTREPRENEURS
!SPARTOFTHE"USINESS0LAN#OMPETITIONHELDANNUALLYBY%3THECLUBHELDITSlRST
*UNIOR"USINESS0LANCOMPETITIONINVITINGHIGHSCHOOLSTUDENTSTOPRESENTPIONEERING
SOLUTIONSFORPRESSINGISSUESIN%GYPT&IRSTPRIZEWINNERSTACKLEDTHEBURDENSOMEISSUE
OFPRIVATETUITIONSESSIONSIN%GYPTSPUBLICSCHOOLSTHROUGHAPROJECTCALLEDTafawoq
%XCELLENCEWHICHWASPRESENTEDBYSTUDENTSFROM(AYAH)NTERNATIONAL!CADEMY4HE
,OCATORCAMEINSECONDWHICHWASALSOPRESENTEDBY(AYAH)NTERNATIONAL!CADEMY
STUDENTS !N AWARDS CEREMONY WAS HELD TO RECOGNIZE THE WINNERS WHO RECEIVED
CERTIlCATES OF APPRECIATION /THER TEAMS WERE HONORED AND PRESENTED WITH VARIOUS
AWARDSINCLUDINGTHE3OCIAL%NTREPRENEURSHIP!WARDTHE-OST$EDICATED!WARDANDTHE0EOPLES#HOICE!WARD!TEAMOFEIGHTMODERATORS
FROMTHE%NTREPRENEURS3OCIETYHELDAFTERHOURMENTORINGSESSIONSAT(AYAH)NTERNATIONAL!CADEMYAND%L!LSSON"RITISHAND!MERICAN
)NTERNATIONAL3CHOOL%LEVENTEAMSPARTICIPATEDFROMBOTHSCHOOLS
4HE(IT)NNOVATION#OMPETITIONAT!5#
%3UNDERTHESUPERVISIONOFTHE3CHOOLOF"USINESSANDINCOOPERATIONWITH3OUQCOM
INTRODUCED A NEW PRODUCT INNOVATION COMPETITION TITLED 4HE (IT 4HE (IT IS A NEW
INITIATIVE THAT CATERS TO STUDENTS WHO EXPRESS INTEREST IN DEVELOPING A PRODUCT OR
BUSINESS 4HE COMPETITION ENCOURAGED PARTICIPANTS TO CREATE AND IMPLEMENT THEIR
PROPOSEDPROJECTSWITHTHEPOTENTIALOFBEINGSOLDVIA3OUQCOM4HEEVENTFEATURED
GUEST SPEAKERS INCLUDING 3HERIF .AGUI CONSULTANT AT "OOZE AND #OMPANY /MAR
3OUDODICHIEFEXECUTIVEOFlCERANDGENERALMANAGEROF3OUQCOM#ON/$ONNELLENTREPRENEURMEDIAMENTORANDFOUNDEROFHTTPBOOKS
COMEGAND!BDEL(AMID3HARARTRAINERANDFOUNDEROF!DAMSTRAININGCOMPANY4HETOPPERFORMINGTEAMSWERESELECTEDBYTHEPANELOF
JUDGESINADDITIONTOTHESOLICITATIONOFONLINEVOTERS#ONSEQUENTLYTHESETEAMSWERETOSETUPAFULLYDEVELOPEDMARKETINGCAMPAIGNPLANTO
ENSURETHEEFFECTIVENESSOFTHEBRANDINGOFTHEIRPRODUCTS3IXTEAMSWEREELIMINATEDLEAVINGTOCREATEPRODUCTPROTOTYPESWITH,%
FUNDEDBYTHECOMPETITION4HEWINNINGTEAMWASAWARDED,%TOESTABLISHITSPRODUCT
50
STUDENT LIFE
“Working with AUC’s School of Business and the Entrepreneurs Society student club at
AUC in launching The Hit, the first product innovation competition at AUC, was a once-ina-lifetime experience for the students who competed, the organizing body formed by students, as
well as Souq.com team members. In less than eight weeks,The Hit resulted in generating more
than five viable ideas and products that have commercial merits.The success of this collaboration
between AUC and Souq.com was the result of creating the right environment by the School of
Business for students on campus, offering the needed resources and partnering with the private
sector to simulate a real-life experience to AUC students to create innovative products. In my
humble opinion, AUC’s School of Business will continue to grow as the beacon of entrepreneurship in
Egypt and the Arab world in the near future.”
Omar Soudodi
!'ENERAL-ANAGER3OUQCOM
Finance and Investment Club (FIC)
Faculty Adviser: Jasmin Fouad, assistant professor of finance
)NVESTINGIN%GYPTS'REEN%CONOMY0ANEL$ISCUSSION/CTOBER
4HE&INANCEAND)NVESTMENT#LUB&)#ORGANIZEDTHEEVENTINCOLLABORATIONWITH'LOBAL4RADE-ATTERS
WHERE lVE PANELISTS LED DISCUSSIONS ON THE IMPORTANCE OF APPLYING GREEN ENERGY IN %GYPT AND THE
OBSTACLESHINDERINGTHISPROGRESS
%'84RIP-ARCH
&)#ORGANIZEDATRIPTOTHE%GYPTIANSTOCKMARKETWHERECLUBMEMBERSTOURED
THEHISTORICALBUILDINGANDVISITEDTHETRADINGmOOR
EGX Trip
51
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
.EW9ORK"USINESS4RIP!PRIL
4HE&)#ORGANIZEDTRIPWASLEDBY+EVIN/g#ONNELLPROFESSOROFPRACTICEANDTHE7ILLARD
7"ROWN#HAIROF)NTERNATIONAL"USINESS,EADERSHIPATTHE3CHOOLOF"USINESS!TOTALOF
UNDERGRADUATESTUDENTSFROMTHE3CHOOLOF"USINESSJOINEDTHETRIPWHICHINCLUDED
TOURS ENTERTAINMENT AND VISITS TO DIFFERENT ORGANIZATIONS IN .EW 9ORK #ITY 4IMES
3QUARE #ENTRAL 0ARK .EW 7ORLD 4RADE #ENTER &AMOUS -EMBERS 'ALLERY AT THE .EW
9ORK3TOCK%XCHANGEThe Wall Street Journal, 'OLDMAN3ACHS Today Show WITH$AVID
'REGORY."#3TUDIOSANDTHESETOFSaturday Night Live, "ROADWAY-USICAL#HINATOWN
AND ,ITTLE )TALY AND THE &EDERAL 2ESERVE #LUB MEMBERS ALSO ATTENDED A LECTURE AT
#OLUMBIA5NIVERSITYTITLEDh(OWTO3UCCEEDIN"USINESS7ITHOUT2EALLY4RYINGv
New York trip at Today Show
#ENTRAL"ANKOF%GYPT,ECTURE-ARCH
.IDAL !SSAR ASSISTANT SUBGOVERNOR OF THE #ENTRAL "ANK OF %GYPT #"% DELIVERED A LECTURE ON THE
COUNTRYS FOREIGN RESERVES THEIR IMPORTANCE HOW THEY ARE MANAGED BY THE #"% THE EFFECTS OF THE
REVOLUTIONONTHESERESERVESANDTHEEXPECTEDCHANGES
&)#.EWSLETTER3PRING
!NEWSLETTERWASPUBLISHEDBYTHECLUBTOKEEPSTUDENTSUPDATEDWITHRECENTDEVELOPMENTSINTHElNANCIAL
SECTORINTHEREGION
International Conference on Global Economy (ICGE)
Faculty Adviser: Hamed Shamma ’99, ’02,
assistant professor of marketing
)NTERNATIONAL#ONFERENCEONTHE'LOBAL%CONOMYTH!NNUAL#ONFERENCE!PRIL
4HE OPENING CEREMONY WELCOMED ALL NEW DELEGATES WHERE THE DISTINGUISHED GUEST
OF HONOR WAS -OHAMED 3HAABAN .EAR %AST MANAGER FOR 0ROCTER 'AMBLE 4HE
)NTERNATIONAL#ONFERENCEONTHE'LOBAL%CONOMYWELCOMED!MBASSADOR'AMAL"AYOUMY
FORMER ASSISTANT MINISTER OF FOREIGN AFFAIRS AND SECRETARYGENERAL OF THE GENERAL
SECRETARIATOFTHE%GYPTIAN%UROPEAN!SSOCIATION!GREEMENTASWELLAS-OHAMED!lFY
GENERALMANAGEROF!NIMATION!DVERTISINGASKEYNOTESPEAKERS4HECONFERENCETACKLED
THEFUNDAMENTALCONCEPTSOFMARKETINGANDlNANCEASWELLASTOPICSRELEVANTTOTHE
DEVELOPMENTOFANECONOMY
52
International Conference on the Global Economy
12th Annual Conference, (April 3 - 8, 2012)
STUDENT LIFE
/RPHANS$AYAT!5#.EW#AIRO/CTOBER
)#'%ORGANIZEDANEVENTFORORPHANSHELDAT!5#S.EW#AIROCAMPUS4HEAIM
WASTOTEACHORPHANSAGEDTOTHEESSENCEOFTEAMWORKANDCOLLABORATION
BYALLOWINGCHILDRENFROMTWODIFFERENTORPHANAGESTHEOPPORTUNITYTOMINGLEAND
INTERACTANDTOGETTHEMOUTOFTHEIRDAILYCONTEXTINORDERTOEXPLOREADIFFERENT
ATMOSPHEREWITHNEWCOMPANY
Orphans Day (October 29, 2011)
Model Business Association
Faculty Adviser: Ahmed Tolba ’97, ’01, assistant professor of marketing
&IRST-ANAGEMENT#ONSULTANCY#ONFERENCE
4HISWASTHElRSTCONFERENCEHELDONCAMPUSTOTEACHSTUDENTSABOUTTHREEASPECTSOFMANAGEMENT
CONSULTANCYlNANCEMANAGEMENTOFHUMANRESOURCESANDMARKETING4HECONFERENCEWASATTENDED
BYMORETHANUNDERGRADUATESFROMDIFFERENTUNIVERSITIESIN%GYPT
/PENING#EREMONY&EATURING/MAR+HAIRAT-ARCH
!CEREMONYWASHELDTOCELEBRATETHEOPENINGOFTHE-ODEL"USINESS!SSOCIATION
CLUB!TTENDEDBYMORETHANGUESTSTHEEVENTFEATUREDMUSICIAN/MAR+HAIRAT
ANDHISBAND
Omar Khairat
%XAM4IPS0ACK
4AILOREDFORBUSINESSSTUDENTSTOHELPTHEMINTHEIRLASTDAYSOFEXAMS
THEPACKINCLUDEDANOTEBOOKPENSANDSTUDYGUIDELINES
Exam Tips Pack
53
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Students in Free Enterprise (SIFE)
Faculty Advisers: Ahmed Abdel-Meguid, assistant professor of accounting; Khaled Samaha, assistant professor
of accounting; and Hamed Shamma, assistant professor of marketing
3TUDENTSIN&REE%NTERPRISE,EADERSHIP4RAINING0ROGRAM.OVEMBER
4ODEVELOPLEADERSHIPSKILLSAMONGSTUDENTSTHE%NTREPRENEURSHIPAND)NNOVATION0ROGRAMATTHE3CHOOLOF"USINESSHOSTEDTHE3TUDENTS
IN&REE%NTERPRISE3)&%LEADERSHIPTRAININGPROGRAMBRINGINGTOGETHERSTUDENTSFROMDIFFERENTUNIVERSITIESACROSS%GYPT4HEEVENT
FOCUSEDONHELPINGSTUDENTSACQUIRESKILLSTHATAREESSENTIALINAHIGHLYCOMPETITIVEENTREPRENEURIALMARKETPLACE
Volunteers in Action (VIA)
Faculty Adviser: Dina Rateb’84, associate professor of management information systems
6OLUNTEERSIN!CTION(OLDS&IRST!5#.EW#AIRO'ROUP7EDDING
6OLUNTEERIN!CTION6)!ORGANIZEDTHEEVENTAT!5#.EW#AIROPROVIDINGYOUNGCOUPLES
WITHWEDDINGDECORATIONSCAKEENTERTAINMENTANDAFULLmEDGEDzaffaTHETRADITIONAL
%GYPTIANWEDDINGPROCESSION&ACULTYANDSTAFFMEMBERS%GYPTIANCELEBRITIESASWELL
ASFAMILIESANDFRIENDSOFTHEORPHANSATTENDEDTHEEVENT6)!HELPEDORPHANBRIDES
GETMARRIEDINlVEOFWHOMHADTHISWEDDING
Volunteers in Action holds first AUC New Cairo
group wedding
54
“Since its move to New Cairo in 2008, AUC has been making history again.With its
state-of-the-art facilities, AUC has raised the bar when it comes to university education
not only in Egypt, but also in the whole region.This new phase in AUC history was not
restricted to a location change, but even, more importantly, it has extended to academic
innovation. In 2009, AUC announced the establishment of a School of Business – the
first-of-its-kind in Egypt and the Middle East.
The Department of Economics, which is the first economics department in Egypt, founded
in 1947, became part of the School of Business by choice since its inception. Given the strong historical and natural
ties between the Department of Economics, Department of Management and the newly established Department of
Accounting, it did not take much time for the School of Business to act as a single unit toward achieving its mission and
satisfying its vision.This synergy existing between the three departments has been a catalyst for the School of Business to
continue advancing on all fronts: teaching, research and outreach activities to compete on a global level with top business
schools.With the school’s three mottos - entrepreneurship, innovation and leadership - our inspirations as departments
and as a school are boundless, making us continuously striving to improve our services to our students and community.
Given this spirit, I am sure with all these achievements listed in this annual report, there will be much more impressive
achievements in next year’s report.”
Ahmed Kamaly '91, '95
!SSOCIATE0ROFESSOROF%CONOMICSAND#HAIR$EPARTMENTOF%CONOMICS
3CHOOLOF"USINESS!5#
55
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Graduate Students
“During my MBA studies, I worked with 33 different team members with various
backgrounds.We interchanged roles, and a team leader always emerged.We shared the common
goals of learning and succeeding. Meanwhile, we were shaping each other’s personalities, and
increasing our levels of exposure, flexibility and commitment.
I was also lucky to be a member of the MBA team representing AUC in the Hult Global
Case Challenge.We had an invaluable opportunity to become active participants in the
community, working on the global cause of lighting Africa.”
Nermine Hashem '12
3ENIOR3YSTEMS!NALYST!5#
Activities
!CCESS-"!.OVEMBER
&ORTHETHIRDTIMETHE-"!TEAMPARTICIPATEDINTHE!CCESS-"!EVENT4HEPROGRAM
INCLUDED PREDETERMINED ONEONONE MEETINGS WITH STUDENTS WHO EXPRESSED
INTERESTINJOININGTHEPROGRAM)NADDITIONTHE-"!TEAMADDRESSEDTHEQUESTIONSAND
CONCERNSOFPOTENTIALSTUDENTS
3TUDY4OURTO"ARCELONA3PAIN*UNEn
4HE-"!PROGRAMORGANIZEDTHISSTUDYTOURINPARTNERSHIPWITH%SCUELADE!LTA
$IRECCIØNY!DMINISTRACIØN%!$!5NIVERSITY0ARTICIPANTSSTUDIED3PANISHBUSINESS
Study tour to Barcelona, Spain
PRACTICES THROUGH PROFESSIONAL VISITS AND EXCHANGES BACKED UP WITH A SERIES OF
(June 3 – 9, 2012)
LECTURES4HESTUDENTVISITED-ANGOAND$ESIGUALCLOTHINGRETAILCOMPANYTHE"ARCELONA
FOOTBALLCLUB-27COURIERSERVICES"OQUERÓA-ARKET.ESPRESSO)MAGINARIUM%SCUELA
DE$ANZA-UNIQUE.EITHCOMPANYANDTHE"ARCELONA3TOCK%XCHANGE#ULTURALVISITSINCLUDEDAGUIDEDTOUROFTHE"ARCELONAAND#ATALAN
-ODERNISM-USEUM4HESTUDYTOURPROVIDED-"!STUDENTSWITHANEXPOSURETO3PANISHBUSINESSECONOMICGROWTHANDDEVELOPMENT
lNANCIALSYSTEMSASWELLASCULTURALCONTEXTSWITHINTHEFRAMEWORKOFTHE%UROPEAN5NIONAND3PAINSTIESTO%GYPT
56
STUDENT LIFE
-"!0ROGRAM%STABLISHES0ARTNERSHIPSON#ORPORATE3OCIAL2ESPONSIBILITY
4HE 'EORGE 7ASHINGTON 5NIVERSITY 3CHOOL OF "USINESS IN PARTNERSHIP WITH THE
%GYPTIAN #ORPORATE 2ESPONSIBILITY #ENTER 4HE !MERICAN 5NIVERSITY IN #AIRO AND
#AIRO 5NIVERSITY DEVELOPED AN INTERNATIONAL COURSE PRACTICUM TITLED %GYPT
#ORPORATE2ESPONSIBILITYAND3OCIAL%NTREPRENEURSHIP4HECOURSEINCLUDEDASERIES
OFLECTURESDELIVEREDBYPROMINENTFACULTYMEMBERSFROMBOTH!5#AND4HE'EORGE
7ASHINGTON5NIVERSITYVIAVIDEOCONFERENCINGASTUDYTOURAT!5#ANDMEETINGS
WITHCASEPARTNERREPRESENTATIVES3TUDENTSFROM4HE'EORGE7ASHINGTON5NIVERSITY
VISITEDTHE5NIVERSITYTOATTENDTHESTUDYTOURPROGRAMACCOMPANIEDBYSTUDENTS
FROM #AIRO 5NIVERSITY AND !5# WHO ALL PAID VISITS TO DIFFERENT BUSINESSRELATED
The George Washington University MBA
students visit AUC (March 2011)
ENTITIESSUCHASTHE3OCIAL&UNDFOR$EVELOPMENT#)$#ONSULTINGANDTHE%GYPTIAN
3TOCK%XCHANGE!5#HOSTEDAONEDAYVISITFORTHEMWHICHINCLUDEDTWOLECTURES
sh#32BYA-ULTINATIONALIN%GYPTvDELIVEREDBY2AMZY&ARAGCORPORATECOMMUNICATIONANDREPUTATIONMANAGER0ROCTER
'AMBLE.EAR%ASTREGIONCHAIRCORPORATESOCIALRESPONSIBILITYCOMMITTEE!5#
sh3OCIAL %NTREPRENEURSHIP IN %GYPTv DELIVERED BY ,OAY %L3HAWARBY OFCOUNSEL AT :AKI (ASHEM 0ARTNERS FOUNDING
MEMBERANDCHAIR.AHDET%L-AHROUSA.'/
Launch of the first MBA exchange program
,AUNCHOFTHE&IRST-"!%XCHANGE0ROGRAM
4HE3CHOOLOF"USINESSLAUNCHEDITSlRST-"!EXCHANGEPROGRAMINCOLLABORATION
WITHRENOWNEDINTERNATIONALSCHOOLS%XCHANGEOPPORTUNITIESWEREPREVIOUSLYLIMITED
TOUNDERGRADUATEPROGRAMS)NAUGURATEDIN&ALLTHE-"!EXCHANGEPROGRAM
PRESENTSGRADUATESTUDENTSWITHTHEOPPORTUNITYTOPURSUEASEMESTERABROADATTHE
-ONTEREY)NSTITUTEOF)NTERNATIONAL3TUDIESTHE5NIVERSITYOF#OLORADOTHE5NIVERSITY
OF!RIZONATHE5NIVERSITYOF-ASSACHUSETTSORTHE5NIVERSITYOF7ASHINGTONINTHE
5NITED 3TATES 4HE PROGRAMS lRST COHORT INCLUDED THREE STUDENTS !HMED $IAB
(ANI!MINAND(AIDY!BO3ALAMAWHOFORAPERIODOFFOURMONTHSATTENDEDTHE
-ONTEREY)NSTITUTEOF)NTERNATIONAL3TUDIESIN#ALIFORNIAIN&ALL)N3PRING
ANOTHER-"!STUDENT!LIA!IDOUDIWENTTHROUGHTHESAMEEXPERIENCEATADIFFERENT
UNIVERSITY3HESPENTHEREXCHANGESEMESTERATTHE5NIVERSITYOF-ASSACHUSETTS
3UPPLY#HAIN#OUNCIL&EBRUARY
4HE -"! PROGRAM HOSTED AN ACADEMIC EVENT IN COOPERATION WITH THE 3UPPLY #HAIN
#OUNCIL 3## *OSEPH &RANCIS EXECUTIVE DIRECTOR OF 3## WAS THE GUEST SPEAKER
DELIVERINGAPRESENTATIONTITLEDh3UPPLY#HAIN/PERATIONS2EFERENCE"USINESS0ROCESS
-ODELINGFOR%FFECTIVE3UPPLY#HAIN-ANAGEMENTAND"ENCHMARKINGv
Supply Chain Council (February 2, 2012)
57
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
“My biggest satisfaction from studying at AUC comes from the faculty’s astonishing capacity
to create an active learning process, which was nurtured by their support and guidance. I was
trained and well-prepared to overcome real challenges. Unquestionably, this is realized by
AUC’s emphasis on fostering and sustaining a hands-on learning environment. All the time, I
have been provided with opportunities to stay not just connected, but, more importantly, ahead
of what is going on in our region and in the world. For all that, I feel confident that I can hit
the ground running in the fast-paced and capricious real world of business.”
Ahmed Diab '12
!0ROCUREMENT(EAD-AGRABI2ETAIL
58
STUDENT LIFE
59
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
60
EXECUTIVE
EDUCATION
61
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
“Being an AUC alumna with a Master of Public Administration and a wealth of work
experience in management development gained over the years from the United Nations
Development Programme, I was delighted to contribute to the growth and expansion of
the Management Center as a member of its advisory council, including participation in the
formulation of the center’s strategic plan, contributions toward accreditation of the center,
supporting the expansion of new programs and the achievement of business development goals.”
Samia S. Guirguis
-EMBER-ANAGEMENT#ENTER!DVISORY#OUNCIL
3CHOOLOF"USINESS!5#
Management Center (MC)
0ARTNERSHIPWITHTHE%GYPTIAN"ANKING)NSTITUTE
4HE )NTERNATIONAL %XECUTIVE %DUCATION )NSTITUTE AND THE -ANAGEMENT #ENTER lNALIZED A PARTNERSHIP
AGREEMENTWITH%GYPTIAN"ANKING)NSTITUTEOFTHE#ENTRAL"ANKOF%GYPTTOOFFERJOINTPROGRAMSTOTHE
BANKINGSECTORIN%GYPTANDSELECT!RABCOUNTRIES
5NIVERSITYOF,ONDON0OSTGRADUATE$IPLOMAIN)NTERNATIONAL-ANAGEMENT
&ORTHElRSTTIMEIN%GYPTTHE-ANAGEMENT#ENTERISOFFERINGTHE2OYAL(OLLOWAY5NIVERSITYOF,ONDONPOSTGRADUATEDIPLOMAININTERNATIONAL
MANAGEMENT4HEPROGRAMISDESIGNEDTOPROVIDESTUDENTSWITHSPECIALIZEDKNOWLEDGEOFINTERNATIONALBUSINESSANDHASBEENDEVELOPEDBY
ACADEMICSWITHINTHE3CHOOLOF-ANAGEMENTAT2OYAL(OLLOWAY5NIVERSITYOF,ONDON2OYAL(OLLOWAYSPARTICULARSTRENGTHININTERNATIONAL
ANDCOMPARATIVEBUSINESSRESEARCHMEANSTHATSTUDENTSACQUIREATRULYINTERNATIONALPERSPECTIVERATHERTHANONETHATISSOLELYRELEVANT
FORONECOUNTRY
,AUNCHOFTHE&IRST2UNOFTHE0ROFESSIONAL0ROGRAMIN%XECUTIVE-ANAGEMENT/CTOBER
!SPARTOFTHECOLLABORATIONBETWEENTHE-ANAGEMENT#ENTERANDTHE%GYPTIAN0ETROCHEMICALS(OLDING#OMPANY%#(%-THEINAUGURAL
COURSEOFTHE0ROFESSIONAL0ROGRAMIN%XECUTIVE-ANAGEMENTTAILOREDFOR%#(%-WASDESIGNEDTOASSISTTHECOMPANYINIMPLEMENTING
ITSPOLICYTOENHANCETHEMANAGERIALSKILLSOFSENIORANDTOPMANAGEMENTCANDIDATESFROMWITHINTHECOMPANYANDAMONGITSAFlLIATES
62
EXECUTIVE EDUCATION
!GREEMENTWITHTHE#HAMBEROF&OOD)NDUSTRIES*ANUARY
4HE -ANAGEMENT #ENTER SIGNED AN AGREEMENT WITH THE #HAMBER OF &OOD
)NDUSTRIES STREAMLINING JOINT ACTIVITIES IN THE lELDS OF MANAGEMENT
DEVELOPMENTlNANCEANDQUALITYMANAGEMENT
!GREEMENTWITHTHE#HAMBEROF%NGINEERING)NDUSTRIES$ECEMBER
4HE -ANAGEMENT #ENTER SIGNED AN AGREEMENT WITH THE #HAMBER OF
%NGINEERING )NDUSTRIES STREAMLINING JOINT ACTIVITIES IN THE lELD OF
MANAGEMENTDEVELOPMENT
4HIRD !NNUAL 'RADUATION #EREMONY FOR -# 'RADUATES IN 3AUDI !RABIA
&EBRUARY
4HE -ANAGEMENT #ENTER HELD ITS THIRD ANNUAL GRADUATION CEREMONY IN
*EDDAH 3AUDI !RABIA IN COLLABORATION WITH ITS LOCAL PARTNER ,OGISTICS FOR
#ONSULTATIONS4HIRTYEIGHTGRADUATESRECEIVEDTHEIRDIPLOMASINTOTALQUALITY
MANAGEMENT IN HEALTH CARE HUMAN RESOURCE MANAGEMENT AND HEALTH
CARE AND HOSPITAL MANAGEMENT 4HE EVENT WAS ATTENDED BY !MR 3ALAMA
5NIVERSITY COUNSELOR !MR (AMDY -ANAGEMENT #ENTER DIRECTOR !MGED !L
2AlElNANCEANDADMINISTRATIVEAFFAIRSDIRECTORAT!L2AlE(OSPITALAND
4AREK+ORAYEMEXECUTIVEDIRECTOROF,OGISTICSFOR#ONSULTATION
3UPPLY#HAIN%XPERT'ROUP-EETING-ARCH
4HE -ANAGEMENT #ENTER HELD AN EXPERT GROUP MEETING FOR SUPPLY CHAIN
PROFESSIONALS 4HE EVENT BROUGHT TOGETHER SUPPLY CHAIN MANAGERS FROM
DIFFERENT SECTORS TO SHARE THEIR EXPERIENCES IN THE lELD OF SUPPLY CHAIN
MANAGEMENT AND TO PRESENT PRACTICAL CASE STUDIES THAT COULD BE USED BY
-ANAGEMENT#ENTERPARTICIPANTSINTHECOURSEOFTHEIRSTUDIES
'RADUATION#EREMONY-ARCH
4HE-ANAGEMENT#ENTERHELDITSANNUALGRADUATIONCEREMONYFOR
PARTICIPANTSWHOHAVESUCCESSFULLYCOMPLETEDTHEIRPROFESSIONAL
POSTGRADUATESTUDIES
63
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
!DVISORY#OUNCIL-EETING-ARCH
4HE-ANAGEMENT#ENTERSADVISORYCOUNCILINCLUDESPROFESSIONALEXPERTSFROM
%GYPTANDTHEREGIONWHOARECOMMITTEDTOEDUCATIONALEXCELLENCEANDPROGRESS
ANDWHOAREDEDICATEDTOSHARINGTHEIRPROFESSIONALANDACADEMICKNOWLEDGE
ANDEXPERTISE
Advisory Council Meeting (March 28, 2012)
-ANAGEMENT#ENTER!LUMNI3OCIETY%XPERT3EMINAR3ERIES-ARCH
4HEEVENTINCLUDEDALECTURETITLEDh(OLISTIC$EVELOPMENT!-ODELFOR3UCCESSv
DELIVEREDBY'HAZI"INZAGR"INZAGR'ROUPOF#OMPANIES+INGDOMOF3AUDI!RABIA
Management Center Alumni Society,
Expert Seminar Series (March 29, 2012)
!LUMNI3OCIETY%XPERT3EMINAR3ERIES-AY
/SAMA 2EDA GROUP OPERATIONS DIRECTOR AT 'OZOUR DELIVERED A LECTURE TITLED
h3UPPLY#HAIN/PERATIONSISA"USINESS.EEDv
Alumni Society, Expert Seminar Series (May 5, 2012)
,AUNCHOFTHE)SLAMIC&INANCE0ROGRAM-AY
4HE)NSTITUTEOF"ANKINGAND&INANCEATTHE-ANAGEMENT#ENTERORGANIZEDAN
INAUGURALSEMINARFORITSNEW)SLAMIClNANCEPROGRAMS4HEEVENTWASATTENDED
BY-# STUDENTS GRADUATES ANDINSTRUCTORS 4HELECTURE WASDELIVERED BY!MR
!BOU:EIDTRAINERATTHE-ANAGEMENT#ENTERANDATTENDEDBYLEADERSOF)SLAMIC
lNANCEBANKSIN%GYPT
Launch of the Islamic finance program
(May 9, 2012)
64
EXECUTIVE EDUCATION
!GREEMENTWITH-AGRABI%YE(OSPITALS
!N AGREEMENT WAS SIGNED BETWEEN THE -ANAGEMENT #ENTER AND THE *OINT #OMMISSION )NTERNATIONAL *#)nACCREDITED -AGRABI %YE
(OSPITALSTOOFFERHANDSONTRAININGTOSTUDENTSPURSUINGTHEHEALTHCAREDIPLOMA
)NSTITUTEOF"ANKINGAND&INANCE3ERVESAS/NE3TOP3HOP
4HE)NSTITUTEOF"ANKINGAND&INANCE)"&LAUNCHEDACAMPAIGNTOBECOMEAONESTOPSHOPFORTRAININGREQUESTSFROMBANKSAND
lNANCIALINSTITUTIONS-ANYBANKSINCLUDING.ATIONAL3OCIÏTÏ'ÏNÏRALE"ANK.3'".ATIONAL"ANKOF%GYPT(3"#AND"ANQUE-ISR
LAUDEDTHISINITIATIVE!SPERTHEAGREEMENT)"&DEVELOPEDATAILOREDCREDITPROGRAMFOR.3'"SSMALLANDMEDIUMENTERPRISEAND
RECRUITMENTDEPARTMENTS)"&ALSOCREATEDACUSTOMIZEDINVESTMENTTRAININGPROGRAMFOR(3"#
Management Center textbooks and case-study books
65
-ANAGEMENT#ENTER4EXTBOOKSAND#ASE3TUDY"OOKS
4HE -ANAGEMENT #ENTER INITIATED THE PROJECT OF PRODUCING CUSTOMIZED
TEXTBOOKS AND CASESTUDY BOOKS JOINTLY WITH 0EARSON %DUCATION AND
-C'RAW(ILLFORTHREEPROFESSIONALPOSTGRADUATEDIPLOMAS4HETEXTBOOKS
ADDVALUETO-#PROGRAMSBYCUSTOMIZINGANDIMPROVINGTHEQUALITYOF
LEARNING THE CENTER PROVIDES $EVELOPING AND UTILIZING ITS OWN TEXTBOOKS
IS ONE OF MANY ALTERATIONS ADOPTED BY THE -ANAGEMENT #ENTER AS PART
OF INSTITUTIONWIDE EFFORTS TO REVISIT COURSE CURRICULA AND IMPLEMENT A
LEARNINGCENTEREDAPPROACHTOTEACHING
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Citadel Capital Financial Services Center (CCFC)
$ATASTREAM7ORKSHOPFOR&ACULTY/CTOBER
4HE #ITADEL #APITAL &INANCIAL 3ERVICES #ENTER ##&# IN PARTNERSHIP WITH
4HOMSON 2EUTERS HOSTED THE lRST DATASTREAM WORKSHOP FOR FACULTY MEMBERS
$ATASTREAM IS A 4HOMSON 2EUTERS WEBBASED COMPREHENSIVE DATABASE THAT
ENABLES SOPHISTICATED ANALYSIS OF HISTORICAL TRENDS )T PROVIDES ACCESS TO MORE
THAN YEARS OF HISTORY MILLIONS OF GLOBAL INSTRUMENTS AND INDICATORS AND
COVERAGEFORCOUNTRIESINGLOBALMARKETS%CONOMICSANDlNANCEFACULTY
MEMBERSPARTICIPATEDINTHEWORKSHOPWHICHWASDELIVEREDBY*UDY+ARAMSENIOR
CLIENTTRAINERAT4HOMSON2EUTERS
Datastream Workshop for Faculty (October 18, 2011)
'UEST,ECTURE3ERIES.OVEMBER
4HE#ITADEL#APITAL&INANCIAL3ERVICES#ENTERHOSTEDTWOLECTURESFEATURINGPROMINENTMARKETPRACTITIONERS(ISHAM%L+HAZINDAR
COFOUNDERANDMANAGINGDIRECTOROF#ITADEL#APITALANDAMEMBEROFTHE$EANgS3TRATEGIC!DVISORY"OARD3CHOOLOF"USINESS!5#AND
+ARIM!BU'HALIBOARDCHAIR2EGINAFOR0ASTAAND&OOD)NDUSTRIES"OTHSPEAKERSSHAREDTHEIREXPERTISEWITHSTUDENTSANDDISCUSSED
CURRENTMARKETCHALLENGES3TUDENTSWEREGIVENTHEOPPORTUNITYTOGAINNEWINSIGHTSOFBUSINESSPRACTICESANDTOIDENTIFYTHENECESSARY
SKILLSTOINCREASETHEIRMARKETABILITY
3TATISTICAL0ACKAGEFOR3OCIAL3CIENCES#ERTIlCATION7ORKSHOP.OVEMBERAND!PRIL
4HE#ITADEL#APITAL&INANCIAL3ERVICES#ENTERHASEXPANDEDTHESCOPEOFTHE3TATISTICAL0ACKAGEFOR3OCIAL3CIENCES3033CERTIlCATION
WORKSHOPTOCOVERNOTONLYGRADUATEBUTALSOUNDERGRADUATECOURSEREQUIREMENTS4WOWORKSHOPSWEREOFFEREDONEOFWHICHMARKEDTHE
lRSTOFFERINGOFTHE3033CERTIlCATIONWORKSHOPFORUNDERGRADUATESTUDENTS##&#HASBEENOFFERINGTHISWORKSHOPSINCESERVING
MORETHANSTUDENTS
66
EXECUTIVE EDUCATION
Advanced Corporate Financial Modeling
(January 14 - April 28, 2012)
Thomson Reuters Certification Program
(March 6 – 27, 2012)
!DVANCED#ORPORATE&INANCIAL-ODELING*ANUARY!PRIL
4HESECONDROUNDOFTHE!DVANCED#ORPORATE&INANCIAL-ODELINGCOURSEWAS
HELDWITHPARTICIPANTSFROMLEADINGlNANCIALINSTITUTIONSANDCORPORATIONS
4HE COURSE WAS TAUGHT BY %SKANDAR 4OOMA "RITISH 0ETROLEUM !SSOCIATE
0ROFESSOROF&INANCE!LIAA"ASSIOUNYASSISTANTPROFESSOROFlNANCEAND
!ZIZ-AHERSENIORPARTNERAT+0-'(AZEM(ASSAN0ARTICIPANTSINCLUDED
lNANCEPROFESSIONALSFROM/RASCOM#ONSTRUCTION)NDUSTRIES%GYPTIAN
2ESORTS#OMPANY(#3ECURITIESAND)NVESTMENTS/KAZ3TOCKBROKERSAND
)NVESTMENT #ONSULTANTS %GYPTIAN 0ETROCHEMICALS (OLDING #OMPANY AND
THE3PANISH%GYPTIAN'AS#OMPANY
4HOMSON2EUTERS#ERTIlCATION0ROGRAM-ARCHn
)NCOLLABORATIONWITH4HOMSON2EUTERSTHE#ITADEL#APITAL&INANCIAL3ERVICES
#ENTEROFFEREDUNDERGRADUATESTUDENTSAFREECERTIlCATIONPROGRAMINUSING
4HOMSON 2EUTERS 842! lNANCIAL DATABASE )T IS A COMPREHENSIVE
DATABASETHATOFFERSTIMELYANDACCURATEINFORMATIONABOUTTHE%GYPTIANAND
GLOBALlNANCIALMARKETS4HISPROGRAMHASCREATEDALEARNINGENVIRONMENTFOR
PARTICIPANTSTOUNDERSTANDHOW2EUTERSPRODUCTSAREINTEGRATEDINTOTHEDAILY
ACTIVITIESOFMARKETPROFESSIONALS)N-ARCHTWOROUNDSWEREOFFEREDTO
MORETHANPARTICIPANTS
4ECHNICAL!NALYSIS#ERTIlCATION0ROGRAM-ARCHn!PRIL
)NPARTNERSHIPWITHTHE%GYPTIAN3OCIETYOF4ECHNICAL!NALYSTS##&#OFFERED
ACOURSETOSTUDENTSANDALUMNITITLED&UNDAMENTALSOF4ECHNICAL!NALYSIS
4HISYEARWITNESSEDTHESECONDROUNDOFTHEPROGRAMWITHMORETHAN
PARTICIPANTS4HECOURSEWASDELIVEREDBY4AMER'AMALHEADOFINVESTMENT
STRATEGY AND THE TECHNICAL ANALYSIS RESEARCH DESK AT !RAB !FRICAN
)NTERNATIONAL3ECURITIESAND-OHAMED%L3AEEDVICEPRESIDENTANDHEADOF
THETECHNICALANALYSISDEPARTMENTAT(#3ECURITIESAND)NVESTMENTS
Technical Analysis Certification Program
(March 13 – April 24, 2012)
67
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
)NTERNATIONAL#ONFERENCEONTHE'LOBAL%CONOMY!PRIL
4HE #ITADEL #APITAL &INANCIAL 3ERVICES #ENTER ORGANIZED THE TH ROUND OF THE
)NTERNATIONAL#ONFERENCEONTHE'LOBAL%CONOMY4HE##&#TRADINGROOMHOSTED
THE STOCK MARKET SIMULATION THE LARGEST OF THE CONFERENCES EIGHT COUNCILS
-ORETHANDELEGATESWENTTHROUGHAREALLIFETRADINGEXPERIENCEWHERETHEY
ASSUMEDTHEROLESOFBROKERSINVESTORSANDMUTUALFUNDS
CCFC hosts the International Conference on Global
Economy (April 2012)
4HOMSON2EUTERS%IKON!.EWLY!DDED$ATABASE*ULY
4HOMSON2EUTERS%IKONISTHELATESTADDITIONTO##&#SCOMPREHENSIVEPORTFOLIOOFDATABASES%IKONOFFERSUSERSANINTUITIVEEXPERIENCE
WITHANEASYTOUSEWEBSTYLEINTERFACE)TINTEGRATESNEWSDATAANALYTICSCHARTSANDTRADINGTOOLS)TLINKSUSERSTOTHEWORLDSlNANCIAL
MARKETSINCLUDINGEQUITIESlXEDINCOMEFOREIGNEXCHANGEANDCOMMODITIES3TUDENTSANDFACULTYMEMBERSMAYACCESS4HOMSON2EUTERS
%IKONAT##&#STRADINGROOM2ESEARCHASSISTANTSAREAVAILABLETOPROVIDESUPPORT
68
EXECUTIVE EDUCATION
Goldman Sachs 10,000 Women Entrepreneurship and Leadership (WEL) Program
%STABLISHED IN THE 'OLDMAN 3ACHS 10,000 Women %NTREPRENEURSHIP AND ,EADERSHIP 7%, PROGRAM AT !5# SERVES WOMEN
ENTREPRENEURSINTHE!RABREGION4HEPROGRAMISFUNDEDBYTHE'OLDMAN3ACHS&OUNDATIONASPARTOFITSlVEYEARCOMMITMENTTO
PROVIDEUNDERSERVEDWOMENAROUNDTHEWORLDWITHABUSINESSANDMANAGEMENTEDUCATION4HE10,000 Women PROGRAMAT!5#
INPARTNERSHIPWITHTHE7HARTON3CHOOLOFTHE5NIVERSITYOF0ENNSYLVANIACARRIESTHEMISSIONOFENHANCINGTHEGROWTHANDDEVELOPMENT
OFWOMENENTREPRENEURSINTHE!RABREGIONTHROUGHAUNIQUEBLENDOFCLASSROOMLEARNINGMENTORINGANDNETWORKINGACTIVITIES4ODATE
ENTREPRENEURSHAVEGRADUATEDFROMTHEPROGRAM4HERECRUITMENTANDSELECTIONPROCESSFORTWONEWCOHORTSHAVECONCLUDEDWITH
CLASSESBEGINNINGIN3EPTEMBER4HESELECTIONPROCESSRESULTEDINMORETHANSUCCESSFULCANDIDATESFROMDIFFERENT%GYPTIAN
GOVERNORATESWHOAREOWNERSOFSMALLBUSINESSENTERPRISESWITHSTRONGGROWTHPOTENTIAL
'OLDMAN 3ACHS 10,000 Women %NTREPRENEURSHIP AND ,EADERSHIP 0ROGRAM
#ELEBRATESTHE'RADUATIONOFITS3EVENTH#OHORT/CTOBER
4HEGRADUATIONOFTHESEVENTHCOHORTINCLUDEDATOTALOFENTREPRENEURS
COMINGFROMDIFFERENTPARTSOF%GYPT4HISGROUPWASTHElRSTTOGRADUATE
AFTERTHE*ANUARY2EVOLUTION4HEIREXPERIENCESENRICHEDCLASSDISCUSSIONS
ABOUTTHECHALLENGESANDOPPORTUNITIESTHEYFACEINTHEIRBUSINESSES
Graduation of the seventh cohort of the WEL program
(October 13, 2011)
7RAPAROUND3ERVICES
/NE OF THE PROGRAMS KEY ACHIEVEMENTS WAS THE DELIVERY OF WRAPAROUND
SERVICES TO GRADUATES 7RAPAROUND SERVICES COVERED TWO KEY AREAS 4HE
lRSTISEXPERTINRESIDENCETARGETINGASELECTGROUPOFTOPGRADUATES4HIS
NEWPROGRAMPROVIDESONEONONEBUSINESSCONSULTATIONANDVISITSTOSELECT
GRADUATES PROVIDING THEM WITH INTENSIVE COACHING AND GUIDANCE IN THEIR
KEY AREAS OF NEED 4HE SECOND AREA IS WORKSHOPS AND NETWORKING EVENTS
TARGETINGALLPROGRAMGRADUATES/VERTHEPASTYEARTWOALUMNIEVENTSTOOK
PLACEFORGRADUATES4HEEVENTSWEREDESIGNEDTOSUITTHENEEDSANDPROlLES
OF THE GRADUATES 4HE lRST EVENT WAS A TRAINING WORKSHOP THAT ADDRESSED
TIMEMANAGEMENTSKILLS4HEOTHERWASANETWORKINGEVENTTACKLINGTEAM
BUILDINGANDCHANGEMANAGEMENT
69
Wrap-around services
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
7%,'RADUATES2ECEIVE'LOBAL!WARD
2ASHA,OTFYAGRADUATEOFTHE7%,PROGRAMANDOWNERANDMANAGINGDIRECTOR
OF!FNAN#OMPANYFOR%GYPTIAN(ERITAGE0RODUCTSAND/RIENTAL(ANDICRAFTSWAS
AWARDEDTHE'OLDMAN3ACHSFortune 'LOBAL7OMEN,EADERS!WARDFOR3HE
WASALSOINVITEDTOPARTICIPATEINTHE#LINTON'LOBALINITIATIVEIN.EW9ORK#ITY
IN3EPTEMBERASWELLASTHEFortuneAWARDCEREMONYANDCONFERENCEIN
#ALIFORNIATHATTOOKPLACEIN/CTOBER
Rasha Lotfy, owner and managing director of Afnan
Company for Egyptian Heritage Products and Oriental
Handicrafts
4HREEGRADUATESˆ-ONA"OCTORCHIEFEXECUTIVEOFlCEROF$AR%L+ARMA%L(AKIKIA0UBLISHING(OUSE-ARWA%L.ASHARCHIEFEXECUTIVE
OFlCEROF6ISION3OFTAND.ORA(ALIMMANAGINGDIRECTOROF3PARKLE0RINTING3OLUTIONSˆWERENOMINATEDANDACCEPTEDFORTHEPRESTIGIOUS
"USH)NSTITUTE&ELLOWSHIPPROGRAMIN4HE7OMENS)NITIATIVEFELLOWSHIPISALEADERSHIPPROGRAMTHATENGAGESWOMENFROMAROUND
THEWORLDWITHANINITIALFOCUSONTHE-IDDLE%ASTAND.ORTH!FRICA4HEPURPOSEOFTHEPROGRAMISTOEMPOWERANDEQUIPWOMENTOBECOME
EFFECTIVELEADERS
70
EXECUTIVE EDUCATION
71
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
International Executive Education Institute (IEEI)
SCHOOL OF BUSINESS
(UMAN2ESOURCE%XECUTIVES-EETING.OVEMBER
4HISISANANNUALEVENTFORNETWORKINGANDSHARINGIDEASAMONG(2PROFESSIONALSANDTHE)NTERNATIONAL%XECUTIVE%DUCATION)NSTITUTE)%%)
4HEMEETINGHOSTEDHUMANRESOURCEMANAGERSANDPROFESSIONALSFROMLEADINGBUSINESSES
Open Enrollment Programs
!#OMPLETE#OURSEIN2ISK-ANAGEMENT&EBRUARY
4HETRAININGPROGRAMWASOFFEREDFORAFOURTHROUNDANDWASDEVELOPEDJOINTLY
WITH THE 0ROFESSIONAL 2ISK -ANAGERS )NTERNATIONAL !SSOCIATION 4HIS COURSE
WASDESIGNEDTOMEETTHEDEMANDSOFTHERISKPROFESSIONALBYBRIDGINGTHEGAP
BETWEENTHEORYANDPRACTICEINlNANCIALRISKMANAGEMENT
A Complete Course in Risk Management
(February 18 - 23, 2012)
Finance for Non-Finance Managers
(February 28 – 29, 2012)
&INANCE FOR .ON&INANCE
-ANAGERS&EBRUARYn
4HETHIRDROUNDOFTHEPROGRAMFOCUSEDONlNANCIALSTATEMENTSBALANCESHEETS
RATIOANALYSISDEPRECIATIONTIMEVALUEOFMONEYRISKSANDRETURNSASWELLAS
THEDECISIONMAKINGPROCESS
"USINESS#ONTINUITY-ANAGEMENT-ARCHn
4HIS IS A WHOLEOFBUSINESS APPROACH THAT INCLUDES POLICIES STANDARDS
AND PROCEDURES FOR ENSURING THAT SPECIlED OPERATIONS CAN BE MAINTAINED
ORRECOVEREDINATIMELYFASHIONINTHEEVENTOFDISRUPTION)TSPURPOSEISTO
MINIMIZE THE OPERATIONAL lNANCIAL LEGAL REPUTATIONAL AND OTHER MATERIAL
IMPACTARISINGFROMDISRUPTION
72
Business Continuity Management
(March 12 – 13, 2012)
EXECUTIVE EDUCATION
)%%)!DVANCED-ANAGEMENT0ROGRAMn-ANAGING5NCERTAINTY
*UNEn
4HIS PROGRAM FOCUSED MAINLY ON STRATEGY IMPLEMENTATION ORGANIZATIONAL
CHANGE LEADERSHIP lNANCE MARKETING CORPORATE GOVERNANCE AND
SUSTAINABILITY
IEEI Advanced Management Program – Managing
Uncertainty (June 3 – 6, 2012)
Customized Programs
%TISALAT-ISR"UILDING,EADERSIN$YNAMIC'LOBAL-ARKET
)NnSENIORMANAGEMENTPARTICIPANTSOFTHE%TISALAT-ISR
"UILDING,EADERS0ROGRAMGRADUATEDINADDITIONTOANOTHERGROUPOF
SENIORMANAGEMENTPARTICIPANTSOFTHE'ENERAL-OTORS3TAR0ROGRAM)%%)
HELDAWARDCEREMONIESWHICHWEREATTENDEDBYTHEGENERALMANAGERAND
HUMANRESOURCESDIRECTOROF'ENERAL-OTORS%GYPTASWELLASTOPMANAGERS
ANDCORPORATEEXECUTIVESAT%TISALAT/NEOFTHEMAINFACTORSFORTHESUCCESS
OF THE )%%) %XECUTIVE $EVELOPMENT 0ROGRAMS IS THE STRONG PARTNERSHIPS
WITHTHE5NIVERSITYOF7ISCONSIN-ADISON#ONTINUUM2OTTERDAM3CHOOL
OF-ANAGEMENT).3%!$ANDTHE30*AIN#ENTEROF-ANAGEMENT
Etisalat Misr (2011-2012)
"USINESS$EVELOPMENTAND%NTREPRENEURSHIP0ROGRAMFOR-ICROSOFT%GYPT!PRIL
!YMAN)SMAILASSISTANTPROFESSORANDTHE!BDUL,ATIF*AMEEL%NDOWED#HAIROF%NTREPRENEURSHIPDELIVEREDTHISONEDAYPROGRAMTO
SENIOREXECUTIVES
)MPROVING#OMMUNICATION3KILLS%MOTIONAL)NTELLIGENCE*UNEn
4HEPROGRAMHELDINPARTNERSHIPWITHTHE7ISCONSIN3CHOOLOF"USINESSANDDESIGNEDFORSENIOREXECUTIVESWASDELIVEREDBY4AMMY
4HAYERPRESIDENTOFTHE#ENTERFOR!DVANCED3TUDIESIN"USINESSATTHE7ISCONSIN3CHOOLOF"USINESS!SPARTOFTHEPROGRAMEACH
PARTICIPANTWENTTHROUGHTHE$I3#ASSESSMENTWHICHISABEHAVIORALPROlLINGSYSTEM
73
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Real Estate Academy
4HE2EAL%STATE!CADEMYWASLAUNCHEDIN&EBRUARYASAPARTNERSHIPBETWEEN)%%)3CHOOLOF"USINESS!5#$EPARTMENTOF2EAL
%STATE3TUDIES.ATIONAL5NIVERSITYOF3INGAPOREAND$-'-OUNTAIN6IEW
'LOBAL2EAL%STATE)NSTITUTEIN4URKEY*ANUARY
4HE 3CHOOL OF "USINESS REPRESENTED BY THE 2EAL %STATE !CADEMY PARTNERED WITH THE 'LOBAL 2EAL %STATE )NSTITUTE '2) AS AN OFlCIAL
PARTNERINTHISEVENTWHICHBROUGHTTOGETHERMORETHANINDUSTRYLEADERSFROM4URKEYTHE-IDDLE%ASTAND.ORTH!FRICA%UROPE.ORTH
!MERICA3OUTH!SIAAND%AST!SIA!NINSTITUTIONALPARTNER3CHOOLOF"USINESSREPRESENTATIVESACTEDASRAPPORTEURSFORTHE'2)4URKEY
EVENTENSURINGTHEGLOBALSOLIDPRESENCEOFTHE2EAL%STATE!CADEMYINTHECONFERENCEANDPROMOTINGTHEVARIOUSPROGRAMSANDEXECUTIVE
DEVELOPMENTINITIATIVESPROVIDEDBY)%%)
Real Estate Executive Development Program
(February - June 2012)
2EAL%STATE%XECUTIVE$EVELOPMENT0ROGRAM&EBRUARYn*UNE
4HEPROGRAMISDESIGNEDTOPROVIDEPARTICIPANTSWITHASOLIDUNDERSTANDING
OF THE PRINCIPLES AND PRACTICE OF REALESTATE PLANNING DEVELOPMENT
MARKETINGVALUATIONlNANCEECONOMICSANDMANAGEMENT4HROUGHOUT
THElVEMONTHSOFSTUDYPARTICIPANTSWEREDIVIDEDINTOCOMPETINGGROUPS
TO DEVELOP A MULTIDIMENSIONAL REAL ESTATE PROJECT WHERE THEY APPLIED
TECHNIQUES AND METHODOLOGIES THEY LEARNED IN THE CLASSROOM ! JURY
COMPRISEDOFEXPERTSINREALESTATEDEVELOPMENTEVALUATEDTHESUBMITTED
PROJECTSANDNOMINATEDTHEWINNINGTEAM0ARTICIPANTSINTHE2EAL%STATE
%XECUTIVE$EVELOPMENT0ROGRAMRECEIVEDAJOINTCERTIlCATEFROM)%%)AND
THE .ATIONAL 5NIVERSITY OF 3INGAPORE UPON COMPLETION OF THE PROGRAM
!SPARTOFTHEPROGRAMA3INGAPORESTUDYTOURWASHELDIN!PRIL
WHEREPARTICIPANTSVISITEDANUMBEROFSITES
Forum
-ERT9ILDIZECONOMISTAT%MERGING%UROPEAND-IDDLE%AST2ENAISSANCE
#APITAL-ARCH
9ILDIZGAVEALECTURETITLEDh4URKEYVS%GYPT%CONOMIC&ORECAST7HAT
THE.EAR&UTURE(OLDSFOR%ACHv4HELECTUREWASATTENDEDBYAN
EMINENTGROUPOFCORPORATELEADERSASWELLAS!MBASSADOR(USSEYIN
!VNI"OTSALI4URKEYSAMBASSADORTO%GYPT
Mert Yildiz, economist at Emerging Europe and Middle East
Renaissance Capital (March 11, 2012)
74
EXECUTIVE EDUCATION
Retail and Customer Service Academy
)%%)ESTABLISHEDTHE2ETAILAND#USTOMER3ERVICE!CADEMYINPARTNERSHIPWITH%MAAR-ISRIN-ARCHTOPROVIDETHEMARKET
WITHEXTENSIVEKNOWLEDGEANDUNDERSTANDINGOFTHECONCEPTSANDPROCESSESINVOLVEDINRETAILINGANDTOEQUIPTHERETAILWORKFORCE
WITHTHEPRACTICALANDANALYTICALSKILLSNEEDEDFORAPROFESSIONALCAREER4OMEETTHENEEDSOFAGLOBALIZEDWORLDTHEPROGRAMNOTONLY
PROVIDESUPTODATEKNOWLEDGEANDSKILLSITALSOGIVESANINTERNATIONALPERSPECTIVEONTHESPECIlCAREASOFRETAILMANAGEMENTTHROUGH
FACILITATORSWHOAREGLOBALPRACTITIONERSANDSPECIALISTSINTHElELD4HEACADEMYOFFERSEXECUTIVEDEVELOPMENTCOURSESDESIGNEDFOR
STOREANDDEPARTMENTMANAGERSFUNCTIONALSPECIALISTSCUSTOMERSERVICECLERKSSUPERVISORSANDSALESSTAFF
“It has been an honor to serve on the advisory board of the School of Business.
The achievements accomplished in the last three years are extraordinary and a testament
to the hard work of all the faculty and staff.The benefits of this achievement will be felt by
many current and future students.The impact is far beyond, affecting the whole of Egypt.”
Hisham Fahmy '74
#HIEF%XECUTIVE/FlCER!MERICAN#HAMBEROF#OMMERCEIN%GYPT
-EMBER$EANS3TRATEGIC!DVISORY"OARD3CHOOLOF"USINESS!5#
75
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
76
ENTREPRENEURSHIP
77
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Entrepreneurship and Innovation Program (EIP)
“I see my mission at the Entrepreneurship and Innovation Program as spreading the culture of
entrepreneurship at AUC and outside. Since I came to AUC, I met and worked with terrific
entrepreneurs, mentors, venture capital firms, and students who have the spirit to venture and
the stamina to persevere and take the necessary risks.They are leading at the front line of
Egypt’s economic growth.”
Ayman Ismail '95, '97
!SSISTANT0ROFESSOROF-ANAGEMENTAND
!BDUL,ATIF*AMEEL%NDOWED#HAIROF%NTREPRENEURSHIP3CHOOLOF"USINESS!5#
&LAT,ABS)NCUBATOR
!5#S3CHOOLOF"USINESSSIGNEDAPARTNERSHIPAGREEMENTWITH3AWARI6ENTURESTOLAUNCHTHE&LAT,ABS
INCUBATOR WHICH SERVES AS A PILOT FOR BUSINESS AND ENTREPRENEURIAL PROJECTS DEMONSTRATING REALLIFE
APPLICATIONS /N A QUARTERLY BASIS &LAT,ABS HOSTS VARIOUS TEAMS OVER THE COURSE OF THREE MONTHS
TO ENHANCE THEIR ENTREPRENEURIAL TALENT AND DEVELOP THEIR BUSINESS POTENTIAL 4HREE CYCLES HAVE BEEN
SUCCESSFULLYCOMPLETED4EAMSAREPROVIDEDWITHSEEDFUNDINGTOHELPTHEMDEVELOPANDDElNETHEIRPRODUCTASWELLASCONSTRUCTAN
EFFECTIVEBUSINESSPLAN5PONGRADUATIONASIMULATIONISHELDWHEREBYPARTICIPANTSPRESENTTHEIRBUSINESSPLANSTOPOTENTIALINVESTORS
ANDPROMINENTBUSINESSINDIVIDUALS%NTREPRENEURSAREABLETOGAINFULLACCESSTOFACULTYMEMBERSATTHE3CHOOLOF"USINESSWHOASSIST
THEMINFULLYDEVELOPINGANDCOMPLETINGTHEIRBUSINESSPLANS3AWARI6ENTURESCATERSTOWINNINGENTREPRENEURSWITHTHENECESSARYFUNDS
ANDWORKSPACE
%NTREPRENEURSHIPAND)NNOVATION0ROGRAM#OUNCIL-EETING&EBRUARY
4HE ROLE OF THE 3CHOOL OF "USINESS IN PROMOTING ENTREPRENEURSHIP EDUCATION
AND THE EFFORTS OF THE %NTREPRENEURSHIP AND )NNOVATION 0ROGRAM %)0 WERE
HIGHLIGHTEDDURINGTHEMEETING-EMBERSOFTHE%)0COUNCILDISCUSSEDVARIOUS
ISSUES RELATED TO THE PROGRESS OF THE PROGRAM AND PROVIDED SUGGESTIONS AND
INSIGHTSONTHEWAYFORWARD
EIP Council Meeting (February 28, 2012)
78
ENTREPRENEURSHIP
$ARETO$REAM%GYPTS9OUNG%NTREPRENEURS#OMPETITION
3EPTEMBER
%)0 HOSTED THE COMPETITION IN PARTNERSHIP WITH ).*!: %GYPT AND WITH THE
SPONSORSHIPOF-OBINIL/VERTHECOURSEOFMORETHANUNIVERSITY
STUDENTSFROMACROSS%GYPTFORMEDSTARTUPCOMPANIESASPARTOFTHE).*!:
%GYPT#OMPANY0ROGRAM/N3EPTEMBERTHETOPPARTICIPANTS
FORMEDTEAMSFROM%GYPTIANUNIVERSITIESANDHELDTHE$ARETO$REAM
%MPOWERING %GYPTS 9OUNG %NTREPRENEURS TRADE FAIR DURING WHICH
THEYCOMPETEDFORSEEDFUNDSANDINCUBATIONFROMCORPORATIONSSUCHAS
-OBINIL%XXON-OBIL"OEINGAND!BRAAJ
Social media sponsor: Egypreneurs
Media sponsor: !L-ASRY!L9OUM
Dare to Dream: Egypt’s Young Entrepreneurs
Competition (September 24, 2011)
h7HAT$O)NVESTORS7ANTv/CTOBER
%)0AND)NTEL#ORPORATIONINVITED&EROZ3ANAULLADIRECTOROF)NTEL#APITALIN
THE-IDDLE%AST4URKEYAND!FRICAREGIONSTOPARTICIPATEWITHAGROUPOF
ENTREPRENEURS IN A ROUNDTABLE DISCUSSION FOCUSING ON THE KEY SUCCESS
FACTORSTHATVENTURECAPITALISTSLOOKFORINENTREPRENEURS
!RAB.ET#ONFERENCE%GYPT/CTOBER
%)0SERVEDASAKEYPARTNERINTHE!RAB.ETCONFERENCEIN%GYPTWHICHHOSTED
Feroz Sanaulla, director of Intel Capital Middle East,
APPROXIMATELY ENTREPRENEURS EXECUTIVES AND INVESTORS FROM THE !RAB
Turkey and Africa regions
WEBSPHERE!TOTALOFSPEAKERSPANELISTSANDMODERATORSTACKLEDTHE
LATESTTRENDSANDISSUESINWEBANDMOBILEINDUSTRIESWHILECONTESTANTSINTHE)DEATHONAND3TARTUP$EMOCOMPETITIONSGAVEA
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AND 3TARTUP $EMO COMPETITIONS )N THE 3TARTUP COMPETITION THE SECOND RUNNERUP :AYTOUNEH IS AN ONLINE LIBRARY OF ONEMINUTE
VIDEORECIPESANDTHElRSTRUNNERUP3WEETY(EAVENISANONLINEREWARDSYSTEMFORCHILDRENTHATCOMPENSATESGOODBEHAVIORWITH
ONLINECREDITINTHEFORMOFBALLOONS4HEWINNINGSTARTUP3UPER-AMAISA
PLATFORMDEDICATEDTOPROVIDINGPREGNANTWOMENWITHRELEVANTINFORMATION
WRITTENBYRESEARCHERSSPECIALISTSANDOTHERMOTHERS4HE)DEATHONWINNERS
WERE 7ala wa7da SECOND RUNNERUP A NONPROlT PROJECT SEEKING TO AID
TRUSTED CHARITY ORGANIZATIONS IN COLLECTING DONATIONS AND I#ALL 4AXI lRST
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PHONEBYSENDINGAN3-3ORTALKINGTHROUGHAN)NTERACTIVE6OICE2ESPONSE
)62SYSTEM4HEWINNER#LOUD#ENTERPROVIDESANDMANAGESACHANNELOF
COMMUNICATIONBETWEENCALLCENTERSERVICESEEKERSANDINTERESTEDQUALIlED
ArabNet Conference (October 19 - 20, 2011)
INDIVIDUALS
79
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
'LOBAL%NTREPRENEURSHIP7EEK.OVEMBER
4HE 'LOBAL %NTREPRENEURSHIP 7EEK IS A PROGRAM TO HELP DEVELOP ASPIRING
ENTREPRENEURSENGAGINGPARTICIPANTSFROM!5#ANDOTHERLOCALUNIVERSITIES%)0
ORGANIZEDAWIDEARRAYOFEVENTSCATEREDTOPROMOTEENTREPRENEURIALEDUCATION
4HESE INCLUDED -EET THE 6ENTURE #APITAL PANEL DISCUSSION WELCOMING
PROMINENT INVESTORS SUCH AS -INOUSH !BDEL-EGUID MANAGING DIRECTOR AND
COFOUNDER OF 5NION #APITAL AND -OHAMED /SMAN MANAGING DIRECTOR OF
3OlCO -EET THE %NTREPRENEUR SERIES HOSTING !5# ALUMNUS .ADER )SKANDER
CHIEFEXECUTIVEOFlCEROF%-%'ROUPAND+ARIM3HOKEIRBUSINESSDEVELOPMENT
Global Entrepreneurship Week
(November 14-20, 2011)
MANAGERAT4EGARANET4HE%GYPT'REEN$AYSPROGRAMWHICHWASCOORGANIZED
BY!5#S3CHOOLOF"USINESS#ENTERFOR%NVIRONMENTAND$EVELOPMENTFORTHE
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.ATIONAL#LEANER0RODUCTION#ENTERANDTHEGREENARMOF.AHDET%L-AHROUSANONGOVERNMENTALORGANIZATION
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%)0HELDAWORKSHOPTOPROMOTETHE'LOBAL)NNOVATIONFOR3CIENCEAND4ECHNOLOGY
')34 )DEA #OMPETITION WHICH TRAINED ENTREPRENEURS TO DELIVER ELEVATOR
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3UMMITWHICHWASHOSTEDBY0RIME-INISTEROF4URKEY2ECEP4AYYIP%RDOGAN
!SARESULT%GYPTIANSCONSTITUTEDPERCENTOFTOTALAPPLICANTSOFWHOM
PERCENTMADEITTOTHElNALS!DDITIONALLYAN%GYPTIANDELEGATIONCLINCHEDTHE
SECONDRUNNERUPAWARD
Business Pitch Training (December 3 - 5, 2011)
-)4#!!-0*ANUARY
)NANATTEMPTTOENCOURAGESTUDENTSTOENJOYINTERNATIONALEXPOSURE%)0ALONGWITH
!5#S #AREER #ENTER #!03 AND THE -ASSACHUSETTS )NSTITUTE OF 4ECHNOLOGY -)4
#OLLEGE !DMISSIONS HAS FACILITATED THE -)4#!!-0 SPONSORED BY THE -)4 !RAB
3TUDENTS/RGANIZATION
MIT-CAAMP (January 5, 2012)
80
ENTREPRENEURSHIP
#APACITY"UILDING4RAINING&EBRUARY
)NCOOPERATIONWITH)NJAZAND-AXIMUM)MPACT4RAINING%)0ORGANIZED
A TWODAY CAPACITYBUILDING TRAINING SESSION FOR STUDENTS FROM SEVEN
PUBLICUNIVERSITIES
Capacity Building Training (February 8 - 9, 2012)
-EETTHE6ENTURE#APITALIST0ROGRAM&EBRUARY
%)0TOGETHERWITHTHEVENTURECAPITALCOMPANY.6HELDAJOINTEVENTBASED
ON THE VENTURE CAPITALIST INDUSTRY IN THE -IDDLE %AST 0ANELISTS INCLUDED
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WASMODERATEDBY!HMED4AKATKAH.6INVESTMENTDIRECTOR!PPROXIMATELYSTUDENTSAND
ENTREPRENEURS ATTENDED THE EVENT WHICH STARTED WITH A PANEL DISCUSSION TITLED h)NTERESTING
6IEWSON)NNOVATIONAND6ENTURE#APITALIST#ULTUREINTHE-IDDLE%ASTAND.ORTH!FRICAv
Meet the Venture Capitalist Program
(February 19, 2012)
!RAB.ET#ONFERENCE,EBANON-ARCH
%)0WASONEOFTHEMAINPARTNERSINTHE!RAB.ETCONFERENCEWHICHTOOKPLACEIN"EIRUT,EBANONANDFEATUREDPANELDISCUSSIONS
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WRITINGABUSINESSPLANANDlNANCINGSTARTUPVENTURESTOCREATINGINNOVATIVE
MARKETINGTECHNIQUESFORSTARTUPS
81
Christopher Schroeder
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
#AIRO&OCUS'ROUPSON-ENTORINGFOR%NTREPRENEURSAND-ENTORS!PRIL
%MPOWERINGTHEMENTORSHASBEENONEOFTHEMAINCONCERNSFOR%)04HEAIMOF
THEFOCUSGROUPWHICHWASMODERATEDBY3OMNATH#HATTERJEEDIRECTOROFGLOBAL
INITIATIVES AT 4I% 'LOBAL IN 3ANTA #LARA #ALIFORNIA WAS TO EXPAND THE WEB OF
MENTORSANDTHEIRIMPACTINSIDEANDOUTSIDE#AIRO
Cairo Focus Groups on Mentoring for Entrepreneurs and
Mentors (April 5, 2012)
3PEED-ENTORING!PRIL
4HE NEW ROUND OF THE SPEED MENTORING EVENT BROUGHT TOGETHER !5#S
%NTREPRENEURSHIP AND )NNOVATION 0ROGRAM THE 5NITED 3TATES !GENCY FOR
)NTERNATIONAL $EVELOPMENT %GYPTgS #OMPETITIVENESS 0ROGRAM %#0 AND THE
'LOBAL%NTREPRENEURSHIP0ROGRAMIN%GYPT4HEEVENTFOCUSEDONPROVIDINGTIME
EFlCIENTNETWORKINGBETWEENAMENTORANDAMENTEEWITHMINUTEONEON
ONEMEETINGROUNDS
%NTERPRISE,EAN3IX3IGMA-AY
%)0COLLABORATEDINPROVIDINGACOURSETITLED%NTERPRISE,EAN3IX3IGMATAUGHTBY-AHMOUD'AMAL%L$IN4HECOURSEAIMEDATHELPING
TEAMSENROLLEDFROMTHE)NJAZ3TARTUP0ROGRAMREGIONALREPRESENTATIVEOF*UNIOR!CHIEVEMENTORGANIZATIONTOEFFECTIVELYMANAGE
THEIRBUSINESSES
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%)0LAUNCHEDFekrety -Y)DEAANATIONALBUSINESSIDEACOMPETITIONTHATAIMSTO
PROVIDEANOPPORTUNITYTOIMPLEMENTANDBUILDONSUBMITTEDBUSINESSPROPOSALS
%)0INCOOPERATIONWITH)NTELASPIREDTOUNLEASHTHECREATIVITYOFTEAMSOF
ENTREPRENEURS%)0HASACTEDASAHUBFORTHEMOSTINNOVATIVEBUSINESSIDEAS
COVERINGALLSECTORSANDPROVIDEDACCESSTOTRAININGANDMENTORINGFORMORETHAN
INDIVIDUALSINANEFFORTTOHELPTHEMFURTHERDEVELOPTHEIRIDEAS4HROUGHA
SERIESOFROUNDSJUDGESˆWHOINCLUDEDBUSINESSFACULTYMEMBERSPROMINENT
ENTREPRENEURS INDUSTRY EXPERTS AND MENTORS ˆ EVALUATED THE CONTESTANTS
BASEDONFEASIBILITYCUSTOMERVALUEINNOVATIONCLARITYOFTHEBUSINESSMODEL
SCALABILITYANDlNANCIALRETURNS
82
ENTREPRENEURSHIP
“It feels like yesterday when I became involved with AUC's EIP program,
even though it was five years ago.
Over the course of the last five years, I had the privilege of working with the leaders of
structuring a new incubation program, of creating and evaluating business plans, of planning
for and holding boot camps, and of promoting entrepreneurial culture and education. Often
times, our work was collaborative and remote, between Cairo and Silicon Valley; and at times
on campus, both old and new. Sometimes, our encounters were formal, through advisory board
meetings, and sometimes through informal chats late into the night.
It is fair to say that I have not met a team so coherent, diligent, respectful, effective and visionary
as the AUC EIP team.Their collaborative culture, focus on results, clear consciousness of added value,
total commitment to the success of the program and personal competence are inspirational.
I have known many successful people and teams, and many tier-one university programs in
Egypt, Canada, France and the United States.The AUC Business School team
is my favorite. So is its dean, Sherif Kamel.
Being an unofficial part, volunteer shall we say, of AUC EIP was transformational.
I am almost 65 years old, hence, somewhat immune to change; yet, I did change for the better.
I imagine the impact on the Y-Gen to be at least two orders of magnitude.
There is no doubt in my mind; AUC is the best.”
Ossama Hassanein
#HAIR2ISING4IDE&UND-EMBER$EANS3TRATEGIC!DVISORY"OARD
3CHOOLOF"USINESS!5#
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SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
84
FACULTY AND
RESEARCH
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SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
2011 AUC Faculty Publications List
!LLTHREEACADEMICDEPARTMENTSOFTHE3CHOOLOF"USINESSLANDEDINTHETOPlVEMOSTPRODUCTIVEDEPARTMENTSFORIN!5#SANNUAL
FACULTYPUBLICATIONSLISTFROMTHE$EPARTMENTOF-ANAGEMENTANDEACHFROMTHE$EPARTMENTOF!CCOUNTINGAND$EPARTMENT
OF%CONOMICS
Undergraduate Students Publish Cases in Major Marketing Textbook
3CHOOLOF"USINESSUNDERGRADUATESTUDENTSCONTRIBUTEDTOONEOFTHEMOSTRENOWNEDMARKETINGTEXTBOOKS0RINCIPLESOF-ARKETING
'LOBAL%DITIONBY0HILIP+OTLERAND'ARY!RMSTRONG4HETWOCASESPUBLISHEDWEREDEVELOPEDUNDERTHESUPERVISIONOF(AMED3HAMMA
ASSISTANTPROFESSOROFMARKETING2ELEASEDBY0EARSON%DUCATION0RINCIPLESOF-ARKETINGTACKLESTHEFUNDAMENTALSANDBASICTOPICSOF
MARKETINGPUTTINGFORTHCASESTUDIESTODEMONSTRATEANDEXPLAINTHElELDSKEYCONCEPTS4HEBOOKISCURRENTLYBEINGUSEDINTHE0RINCIPLES
OF-ARKETINGCOURSEAT!5#4HECASEWRITERSARE9OUSRA3OROURWHOGRADUATEDIN3PRINGWITHHIGHESTHONORSAND-ONA!LLOUBAWHO
GRADUATEDIN3PRINGALSOWITHHIGHESTHONORS4HETHIRDCASEISWRITTENBY(AMED3HAMMA
“I am honored to be part of the School of Business and to participate in its accomplishments
and achievements. As a firm believer of quality and practical education, I am confident that
our school will achieve its vision of regional leadership, impact on entrepreneurship and success
though innovation.We will be the bridge between the Middle East and Africa region and
the world.We will establish a solid link between theory and practice, between academia and
industry. Our practical and innovative approach to business education is our primary tool, and I
am proud to be part of a school that has footprints on all stakeholders
in the business community.”
Ahmed Tolba '97, '01
!SSISTANT0ROFESSOROF-ARKETING
$IRECTOR%L+HAZINDAR"USINESS2ESEARCHAND#ASE#ENTER
86
FACULTY AND RESEARCH
Research Centers
s%L+HAZINDAR"USINESS2ESEARCHAND#ASE#ENTER+##
SCHOOL OF BUSINESS
Publications
3PECIAL%DITIONOFTHEInnovation Journal
%L+HAZINDAR"USINESS2ESEARCHAND#ASE#ENTER+##HASPUBLISHEDANEWBOOKTITLEDCases on Business and Management in the
MENA Region: New Trends and OpportunitiesWHICHINCLUDESQUALITYCASESASWELLASTEACHINGNOTESFORUSEINTHECLASSROOM)N
PARTNERSHIPWITHInnovation Journal+##DEVELOPEDASPECIALEDITIONOFTHEJOURNALWHICHFEATURESSUCCESSSTORIESFROMANUMBEROF
ENTREPRENEURIALBUSINESSESINTHE-IDDLE%ASTAND.ORTH!FRICA-%.!REGIONInnovation JournalWHICHISISSUEDJOINTLYBY'EORGE
-ASON5NIVERSITYS3CHOOLOF0UBLIC0OLICY(ARVARDS+ENNEDY3CHOOLOF'OVERNMENTAND-)4S,EGATUM#ENTERFOR$EVELOPMENTAND
%NTREPRENEURSHIPFEATURESCASESAUTHOREDBYEXCEPTIONALINNOVATORSCOMMENTARYANDRESEARCHFROMLEADINGACADEMICSANDESSAYS
FROMGLOBALLYRECOGNIZEDEXECUTIVESANDPOLITICALLEADERS4HESPECIALEDITIONINCLUDEDVARIOUSCASESTUDIESONENTREPRENEURSFROM
%GYPT4URKEYAND*ORDANINADDITIONTOLEADESSAYSBYCORPORATElGURESANDACADEMICLEADERSONTHESUBJECTOFENTREPRENEURSHIP
4HEJOURNALWASDISSEMINATEDDURINGTHE%NTREPRENEURSHIP6ALUESAND$EVELOPMENT!'LOBAL!GENDACONFERENCEWHICHTOOKPLACE
FROM$ECEMBERTOIN)STANBUL4URKEY4URKISH0RIME-INISTER%RDOGANAND536ICE0RESIDENT*OE"IDENHOSTEDTHESUMMIT
The MENA Journal of Business Case Studies
+##ANDTHE)NTERNATIONAL"USINESS)NFORMATION-ANAGEMENT!SSOCIATION)")-!ANINTERNATIONALLYRENOWNED
PUBLISHER HAVE COLLABORATED IN PRODUCING AN ACADEMIC JOURNAL TITLED The MENA Journal of Business Case
Studies4HEJOURNALWILLINCLUDELONGCASESTUDIESONBUSINESSESWITHINTHE-%.!REGION The MENA Journal of
Business Case StudiesISANINTERNATIONALPEERREVIEWEDONLINEJOURNALTHATFOCUSESONTHEVARIOUSBUSINESS
AREASCORPORATElELDSANDORGANIZATIONSINTHE-%.!REGION4HISJOURNALAIMSTOALLEVIATETHESHORTAGEOFCASE
STUDIESCOVERINGTHE-%.!REGIONBYDELIVERINGAWIDEVARIETYOFBUSINESSCASESPORTRAYINGPRACTICALEXPERIENCES
ULTIMATELYBRIDGINGTHEGAPBETWEENTHEORYANDPRACTICE
Competitions
3IMULATION#OMPETITION-ARCHAND
+## HELD ITS lRST BUSINESS COMPETITION SIMULATION CONDUCTED BY !HMED 4OLBA
ASSISTANTPROFESSOROFMARKETINGAND+##DIRECTOR4HESIMULATIONAIMEDATPRACTICALLY
TEACHINGSTUDENTSHOWTOSUCCESSFULLYPRODUCEBUSINESSPLANSANDTHECOMPANYS
SUPPLYCHAINWHILSTENSURINGITSMANAGEMENTANDORGANIZATIONALDEVELOPMENT7ITH
COMPETING TEAMS A PRESET COMPUTER SYSTEM IS DEVELOPED WITH A CRITERIA lXED BY
STUDENTS TO EVALUATE EACH PHASE OF THEIR BUSINESS PLAN IN ORDER TO ANNOUNCE THE
WINNEROFEACHROUNDOFTHECOMPETITIONANDTOSOLICITTHElNALPOINTS
Stimulation Competition
87
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Case Solving Competitions
*OHN-OLSON5NDERGRADUATE#ASE3OLVING#OMPETITION-ONTREAL#ANADA&EBRUARY
4HE COMPETITION WAS ORGANIZED BY A TEAM OF STUDENTS FROM THE *OHN -OLSON 3CHOOL OF "USINESS AT
#ONCORDIA 5NIVERSITY 4HE EVENT WAS PARTLY SPONSORED BY THE 3CHOOL OF "USINESS WHICH PROVIDED
ACCOMMODATION 4HE EVENT CHALLENGED TEAMS FROM INTERNATIONALLY RENOWNED BUSINESS SCHOOLS TO
PUTTHEIRCREATIVEANDANALYTICALSKILLSTOTHETEST!TEAMOFFOURUNDERGRADUATEBUSINESSSTUDENTS
PARTICIPATEDINTHISCOMPETITION*OHN(ANA-ANAR%LBATRAN.ATHALIE!LPHONSEAND2EEM%L3ISY4HEY
WEREACCOMPANIEDBY!HMED4OLBAASSISTANTPROFESSOROFMARKETINGAND+##DIRECTORWHOSERVEDAS
THETEAMSFACULTYCOACH!LTHOUGHTHETEAMDIDNOTREACHTHElNALROUNDTHEEXPERIENCEWASENRICHING
FORALLMEMBERSONAPERSONALANDPROFESSIONALLEVEL
AUC’s School of Business
team at the John Molson
Undergraduate Case
Solving Competition
5NIVERSITYOF3OUTHERN#ALIFORNIA-ARSHALL3CHOOLOF"USINESS
)NTERNATIONAL#ASE#OMPETITION&EBRUARY
#OMPETING TEAMS FROM PROMINENT BUSINESS SCHOOLS WORKED UNDER PRESSURE TO SOLVE A REAL
BUSINESSPROBLEMUSINGSIMULATEDBUSINESSCONDITIONSSUCHASTIMECRITICALDEADLINESAND
INCOMPLETEINFORMATIONTOFORMULATEWORKABLEACTIONORIENTEDRECOMMENDATIONS!CCOMPANIED
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STUDENTS PARTICIPATED IN THIS COMPETITION &ARIDA :AKI (ANA !HMED 3EDDIK +HADIGA 4ALAAT
AND,INA+AMAL
Conference and Events
Frank Martin-Belz, professor of
marketing and vice dean of
Technische Universitaet Munich,
speaking at the conference
88
AUC’s School of Business team at the
University of Southern California Marshall
International Case Competition
4OWARDA3USTAINABLE3OCIETYINTHE-%.!2EGION2OADMAPAND0RIORITIES-ARCH
+##THE"USINESSAND3OCIETY2ESEARCH#LUSTERATTHE'ERMAN5NIVERSITYIN#AIROAND
-ISR%L+HEIR&OUNDATION%GYPTHOSTEDTHEREGIONSlRSTCASESTUDYCONFERENCETITLED4OWARD
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THE !RAB !FRICAN )NTERNATIONAL "ANK !5#S *OHN $ 'ERHART #ENTER FOR 0HILANTHROPY AND
#IVIC%NGAGEMENT6ODAFONE3AVOLA'ROUPANDTHE)NTERNATIONAL!SSOCIATIONFOR"USINESS
AND3OCIETYAMONGOTHERS4HEEVENTWASATTENDEDBYMORETHANPARTICIPANTSWHO
INCLUDED REPRESENTATIVES OF NONGOVERNMENTAL AND CIVIL SOCIETY ORGANIZATIONS ACADEMIA
THE PRIVATE SECTOR PUBLIC INSTITUTIONS SUCH AS THE .ATIONAL 2ESEARCH #ENTER AS WELL AS
OTHERSIGNIlCANTSTAKEHOLDERS
FACULTY AND RESEARCH
%NDEAVOR,IFT/FF#OMPETITION!PRIL
+##PARTICIPATEDINTHELIFTOFFINITIATIVEBYPROVIDINGACASESTUDYTOYOUNGSTUDENTSON-OMENRESTAURANTS4HELIFTOFFINITIATIVEIN
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YOUNGSTUDENTSWEREAWARDEDFORWINNINGINTHECOMPETITION
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s!CCESSTO+NOWLEDGEFOR$EVELOPMENT#ENTER!+$
4HE!CCESSTO+NOWLEDGEFOR$EVELOPMENT#ENTER!+$ISAFOUNDINGMEMBEROFTHE
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TOGETHERPROJECTMANAGEMENTANDFUNDINGPARTNERS!+$RESEARCHERSPRESENTEDTHEINITIALlNDINGSFROMTHREECASESTUDIESTITLEDh#REATIVITY
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FACULTY AND RESEARCH
0ROFESSOR*EREMY$E"EER6ISITTO!+$!PRIL
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3OFTWAREINTHE!RAB7ORLDPROJECTISALSOCURRENTLYUNDERWAY
“Having newly arrived at AUC’s School of Business in September of 2011, I was
immediately and deeply impressed by the drive, the determined focus and the level of energy
apparent in all areas of activity. Ambitious goals have been set by Dean Sherif Kamel and
are being pursued relentlessly. Among others activities, an Executive Master of Business
Administration program is being launched, the prestigious triple crown accreditation is
quickly becoming a reality, significant outreach to the local business community is made by
IEEI and by the faculty, a minor in entrepreneurship was created and faculty members are
pushing the limits of technology in teaching. As a result, the School of Business is rapidly
taking a place on the international stage. Dean Sherif Kamel and the faculty are to be
congratulated on a job well-done!”
Kevin O’Connell
0ROFESSOROF0RACTICE7ILLARD7"ROWN#HAIROF)NTERNATIONAL"USINESS,EADERSHIP
3CHOOLOF"USINESS!5#
91
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Faculty
"ROWNBAG&ACULTY3EMINAR3ERIES
4HE/FlCEOFTHE!SSOCIATE$EANOF'RADUATE3TUDIESAND2ESEARCHHOSTEDBROWNBAGFACULTYSEMINARSFEATURING3CHOOLOF"USINESSFACULTY
MEMBERSDISTINGUISHEDVISITINGPROFESSORSANDGUESTSPEAKERS4HESEINCLUDED
h%CONOMIC&OUNDATIONOF$ICTATORSHIPIN2ESOURCE%XPORTING%CONOMIESv/CTOBER
3AMER!TTALAHASSISTANTPROFESSOROFECONOMICS3CHOOLOF"USINESS!5#
h 4HE0ROOFISINTHE0UDDING!RBITRAGEIS0OSSIBLEIN,IMITED-ARKETS)NTRADAY%VIDENCEFROM%MERGING-ARKETS$EPOSITORY
2ECEIPTv.OVEMBER
!LIAA"ASSIOUNYASSISTANTPROFESSOROFlNANCE3CHOOLOF"USINESS!5#
h)NNOVATION3UPPORT0ROGRAMSIN#ANADIAN-ANUFACTURINGv&EBRUARY
"RIAN#OZZARINASSOCIATEPROFESSOROFMANAGEMENTSCIENCES5NIVERSITYOF7ATERLOO#ANADA
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+HALED(ASSANEINPROFESSOROFINFORMATIONSYSTEMSANDCHAIR)NFORMATION3YSTEMS!REA$E'ROOTE3CHOOLOF"USINESS-C-ASTER
5NIVERSITY/NTARIO#ANADA
h3TRATEGIC)NTERACTION"ETWEEN'OVERNMENTSAND)NVESTORS5NDER0RIVATIZATION0ROGRAMSv-ARCH
!LAA%L3HAZLYPROFESSOROFECONOMICS3CHOOLOF"USINESS!5#
h,ESSONSFROM2ECENT&INANCIAL#RISESv!PRIL
:UHAYR-IKDASHIPROFESSOREMERITUSANDFOUNDINGDIRECTOR)NSTITUTEOF"ANKINGAND&INANCE5NIVERSITYOF,AUSANNE3WITZERLAND
h2ECONCILING)NSTITUTIONALISTAND-ATHEMATICAL%CONOMICS4HROUGH(ETERODOXYv*UNE
-OHAMED%L(ODIRIPROFESSOROFECONOMICS5NIVERSITYOF+ANSAS
h #OMMITMENTS4IMING(UMANSAS#USTODIANSOF.ATURE4HE#AIRO/SLO#HANNEL-ODEL!UGMENTEDAND!MPLIlEDv
*UNE
-OHAMED%L(ODIRIPROFESSOROFECONOMICS5NIVERSITYOF+ANSAS
92
FACULTY AND RESEARCH
Promotions and Tenure:
4HESCHOOLCELEBRATEDTHEPROMOTIONANDTENUREOFTHEFOLLOWINGFACULTYMEMBERS
93
-OHAMED(EGAZYPROFESSOROFACCOUNTING
4ENURED
-ONA3AIDASSISTANTPROFESSOROFECONOMICS
0ROMOTEDTOTHERANKOFASSOCIATEPROFESSORANDTENURED
+HALED3AMAHAASSISTANTPROFESSOROFACCOUNTING
0ROMOTEDTOTHERANKOFASSOCIATEPROFESSORANDTENURED
+ ARIM3EGHIRASSOCIATEDEANOFUNDERGRADUATESTUDIESAND
ADMINISTRATIONANDASSISTANTPROFESSOROFECONOMICS
0ROMOTEDTOTHERANKOFASSOCIATEPROFESSORANDTENURED
4AREK3ELIMASSOCIATEPROFESSOROFECONOMICS
0ROMOTEDTOTHERANKOFPROFESSOR
!HMED4OLBAASSISTANTPROFESSOROFMARKETING
0ROMOTEDTOTHERANKOFASSOCIATEPROFESSORANDTENURED
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
A Sample of Faculty Publications and Participation in Research Activities
Monal Abdel-Baki '83, '88
!SSISTANT0ROFESSOROF%CONOMICS
2EFEREED*OURNAL!RTICLES
!BDEL"AKI-!h4HE)MPACTOF"ASEL)))ON%MERGING%CONOMIESvGlobal Economy JournalINPRESS
!BDEL"AKI-!AND$ORASAMY.h4HE2OLEOF0ERSONAL)NCOME4AXINTHE4RANSITIONTOA$EMOCRATICAND%GALITARIAN%GYPTv
Corporate Ownership and ControlINPRESS
!BDEL"AKI-!h0HASINGIN"ASEL)))#APITALAND,IQUIDITY2EQUIREMENTSIN0OST2EVOLUTION%GYPTvJournal of Governance and
RegulationINPRESS
!BDEL"AKI-!h#OALITIONS7ITHINTHE%GYPTIAN"ANKING3ECTOR#ATALYSTSOFTHE0OPULAR2EVOLUTIONvBusiness and Politics
!RTICLE
!BDEL"AKI-!h!#OLLECTIVE!PPROACHTO0OVERTY!LLEVIATION4HE#ASEOF0OST2EVOLUTION%GYPTvInternational Journal of Social
Economics
2EFEREED#ONFERENCE0ROCEEDINGS
!BDEL"AKI-!AND,EONE3CIABOLAZZA6*UNEh!#ONSENSUS"ASED#ORPORATE'OVERNANCE0ARADIGM&OR)SLAMIC"ANKSv
Fourth International Finance and Banking Society Conference: Rethinking Banking and Finance: Money, Markets and Models6ALENCIA3PAIN
!BDEL"AKI-!AND,EONE3CIABOLAZZA6*UNEh!#ONSENSUS"ASED#ORPORATE'OVERNANCE0ARADIGMFOR)SLAMIC"ANKSv
Quo Vadis? Navigating the Stormy Business Environment: Global Business Research Symposium, Seventh Annual Conference2OME)TALY
!BDEL"AKI-!-AYh"ASEL)))!N)MPERATIVE2EFORMORA$RACONIAN2ULING!0RACTICAL!PPLICATIONTO0OST2EVOLUTION%GYPTAND
4UNISIAvInternational Competition in Banking: Theory and Practice3UMY5KRAINE
!BDEL"AKI-!!PRILh#AN'OOD!DVOCACY$RIVE%CONOMIC'ROWTH!PPLICATIONTOTHE%GYPTIAN"ANKING3ECTORAFTERTHE2EVOLUTIONv
The International Academy of Business and Public Administration Disciplines (IABPAD) Conference$ALLAS4EXAS
94
FACULTY AND RESEARCH
!BDEL"AKI-!!PRILh%NHANCINGTHE%FlCACYOFTHE)NFANT-ORTGAGE&INANCE3ECTORIN"RIDGINGTHE(OUSING'APIN0OST2EVOLUTION
%GYPTvThe International Academy of Business and Public Administration Disciplines)!"0!$#ONFERENCE$ALLAS4EXAS
!BDEL"AKI-!/CTOBERh!SSESSINGTHE%FlCACYOF"ASEL)))FOR%MERGING%CONOMIESIN4URMOIL!PPLICATIONTO%GYPTAND4UNISIAv
International Conference on Global Trends in Finance!SSOCIATIONFOR3USTAINABLE%DUCATION2ESEARCHAND3CIENCE
!BDEL"AKI-!/CTOBERh4HE%VOLUTIONOF)NTERNATIONAL&INANCIAL2EGULATIONSAND'OVERNANCE3INCETHE'LOBAL&INANCIAL#RISISv
International Conference on Global Trends in Finance!SSOCIATIONFOR3USTAINABLE%DUCATION2ESEARCHAND3CIENCE
2EFEREED"OOK#HAPTER
!BDEL"AKI-!h#ORPORATE'OVERNANCEIN%GYPTIAN"ANKS)MPERATIVE2EFORMSFOR3USTAINING%CONOMIC$EVELOPMENTv)N-IZUNO
-'ERNER"EUERLE#+OSTEYK!%DSEvolution of Corporate Governance in Banks+IEV6IRTUS)NTER0RESSINPRESS
95
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
A Sample of Faculty Publications and Participation in Research Activities
Ahmed Abdel-Meguid
!SSISTANT0ROFESSOROF!CCOUNTING
2EFEREED*OURNAL!RTICLES
!BDEL-EGUID!-h!UDITOR#LIENT#OMPATIBILITYAND#ORPORATE'OVERNANCE%FFECTIVENESS!N%MPIRICAL!NALYSISvInternational
Journal of Corporate Governance (IJCG)
0RESENTATIONS
!BDEL-EGUID!-!UGUSTh0ROFESSIONAL$EVELOPMENT7ORKSHOP0$7-ANAGEMENT%DUCATION!GAINST#ORRUPTION$EVELOPING
'UIDELINESFOR#URRICULUM#HANGEvThe Academy of Management 2012 Annual Meeting4HE)NFORMAL%CONOMY"OSTON53!
!BDEL-EGUID ! - !UGUST h#ONCENTRATION 6ERSUS $IVERSIlCATION 4HE %FFECT OF THE !UDITORS 0ORTFOLIO 3TRUCTURE ON !UDIT &EESv
Research Interaction Forum Session at The American Accounting Association 2012 Annual Meeting: Seeds of Innovation7ASHINGTON$#53!
#ONFERENCESAND7ORKSHOPS!TTENDED
Fifth Annual Conference on Teaching and Learning in Accounting (CTLA)7ASHINGTON$#53!!UGUST
Rio +20 Corporate Sustainability Forum: Innovation and Collaboration for the Future We Want2IODE*ANEIRO"RAZIL*UNE
$ISCUSSION,EADERATTHEThird Global Forum for Responsible Management Education2IODE*ANEIRO"RAZIL*UNE
Neveen Ahmed
!SSISTANT0ROFESSOROF-ANAGEMENT
#ONFERENCE0RESENTATIONS
!HMED.*UNE/PTIMAL0ORTFOLIO#HOICE!N%MPIRICAL)NVESTIGATIONCambridge Business and Economic Conference (CBEC),
#AMBRIDGE5NITED+INGDOM
96
FACULTY AND RESEARCH
Sami Akabawy
0ROFESSOROF)NFORMATION3YSTEMS
"OOK#ONTRIBUTIONS
!KABAWY 3 h&OCUS 4HE 2AWASH 'ROUP #ASEv )N 2OMNEY -" AND 3TEINBART 0* EDSAccounting Information Systems #HAPTER'LOBAL%DITIONTHEDITION0EARSON)NTERNATIONAL
!KABAWY3h&OCUS7HAT7ENT7RONGIN%203YSTEM)MPLEMENTATIONBYTHE2AWASH'ROUPv)N2OMNEY-"AND3TEINBART
0*%DSAccounting Information Systems#HAPTER'LOBAL%DITIONTHEDITION0EARSON)NTERNATIONAL
!KABAWY3h&OCUS$ANGERSOF$IRECT#ONVERSIONTOAN%203!0)MPLEMENTATIONv)N2OMNEY-"AND3TEINBART0*%DS
Accounting Information Systems#HAPTER'LOBAL%DITIONTHEDITION0EARSON)NTERNATIONAL
Mohamad Al-Ississ
!SSISTANT0ROFESSOROF%CONOMICS
2EFEREED*OURNAL!RTICLES
!L)SSISS-AND.OLAN-FORTHCOMINGh7HAT$OES(EALTH2EFORM-EANFORTHE(EALTHCARE)NDUSTRY%VIDENCEFROMTHE-ASSACHUSETTS
3PECIAL3ENATE%LECTIONvAmerican Economic Journal: Economic Policy
2EFEREED"OOK#HAPTERS
!L)SSISS-(ERRMANN"2OBBETT!!L9AHYA+AND:ECKHAUSER2h4HE%LASTICITYOF4RUST(OWTO0ROMOTE4RUSTINTHE!RAB
-IDDLE%ASTANDINTHE5NITED3TATESv)N+RAMER20ITTINSKY4%DS Restoring Trust/XFORD/XFORD5NIVERSITY0RESS
97
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
#ONFERENCES0ARTICIPATION
-ODERATORAND0ANELISTThe World Economic Forum Eurasia Summit)STANBUL4URKEY
0RESENTEDPAPERIN3TANFORD5NIVERSITYSAALIMS Conference
-ODERATORAND0ANELISTThe World Economic Forum’s Special Meeting on Economic Growth and Job Creation in the Arab World$EAD3EA
*ORDAN
The World Economic Forum Global Agenda Summit$EAD3EA*ORDAN
0RESENTEDPAPERINTHEWorkshop on Trust and Cultural Transmission5NIVERSITYOF6ALENCIA
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4EACHINGAT(ARVARD+ENNEDY3CHOOLOF'OVERNMENT3UMMER
Samer Atallah '97
!SSISTANT0ROFESSOROF%CONOMICS
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!TALLAH3*ULYh/IL4ARIFFS4ECHNOLOGICAL0ROGRESSAND0OLITICAL#HANGEvSeventh Annual International Symposium on
Economic Theory, Policy and Applications!THENS'REECE
!TALLAH3*UNEh/IL4ARIFFS4ECHNOLOGICAL0ROGRESSAND0OLITICAL#HANGEvCanadian Economic Association Annual #ONFERENCE
#ALGARY!LBERTA
98
FACULTY AND RESEARCH
Ali Awni
!SSOCIATE0ROFESSOROF-ANAGEMENT
2EFEREED*OURNAL!RTICLES
-ORSI7AND!WNI!(FORTHCOMINGh)47ORX4HE,EAN*OURNEY4HE4OP3UPPLIERS0ROGRAMvThe MENA Journal of Business Case Studies
/ IBIMA.
-ASOUD3AND!WNI!(FORTHCOMINGh!RABIZE,OCALIZATION0ROJECT-ANAGEMENTvThe MENA Journal of Business Case Studies / IBIMA.
!WNI!(AND3HAlE+h"EYOND$UTYFREE!CCESS%XPORT2EADINESS!SSESSMENTFOR1UALIFYING)NDUSTRIAL:ONES1):!PPAREL
#OMPANIESv Measuring Business Excellence
2EFEREED"OOK#HAPTERS
!WNI!(3ALEM-AND!WAD-h!RAFA(OLDING3UPPLY#HAIN$ESIGNAND/PERATIONSFOR,UXURY-ENS7EAR-ADEIN%GYPTv)N
0IOTROWICZ7%D, Designing Supply Chains in Emerging Economies; Lessons from Four Continents. 3PRINGER
Mohga Badran '75
0ROFESSOROF-ANAGEMENTAND#HAIR$EPARTMENTOF-ANAGEMENT
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"ADRAN-AND9OUSSEF#!UGUSTh7EST-EETS-IDDLE%AST0SYCHOLOGICAL#APITALAND*OB3ATISFACTIONvThe Academy of
Management Annual Meeting3AN!NTONIO4EXAS
99
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Aliaa Bassiouny '03, '05
!SSISTANT0ROFESSOROF&INANCE
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!NSOTEGUI#"ASSIOUNY!AND4OOMA%FORTHCOMINGh!N)NVESTIGATIONOF)NTRADAY0RICE$ISCOVERYIN#ROSS,ISTED%MERGING-ARKET
%QUITIESvInvestment Analysts Journal
!NSOTEGUI#"ASSIOUNY!AND4OOMA%h4HE,AWOF/NE0RICEIN'LOBAL$EPOSITORY2ECEIPTS%MPIRICAL%VIDENCEFROM#ROSS
,ISTED%GYPTIAN%QUITIESvMiddle Eastern Finance and Economics
Nizar Becheikh
!SSISTANT0ROFESSOROF3TRATEGYAND)NNOVATION-ANAGEMENT
2EFEREED*OURNAL!RTICLES
,ANDRY 2 !MARA . AND "ECHEIKH . h%VIDENCE ON )NNOVATION &AILURES IN -ANUFACTURING )NDUSTRIESv International Journal of
Business Strategy
2EFEREED#ONFERENCE0ROCEEDINGS
,ANDRY2!MARA.AND"ECHEIKH.*UNEh%VIDENCEON)NNOVATION&AILURESIN-ANUFACTURING)NDUSTRIESv International
Academy of Business and Economics (IABE)-2012 Venice, Summer Conference#A&OSCARI5NIVERSITYOF6ENICE6ENICE)TALY
!BOUSENNA . AND "ECHEIKH . -ARCH h$ETERMINANTS OF 4ECHNOLOGICAL )NNOVATIONS IN %GYPTIAN 3ERVICE 3-%Sv 21st
International Conference on Management of Technology (IAMOT) 2012 on Managing Technology-Service Convergences in the Post-Industrialized
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100
FACULTY AND RESEARCH
7ORKSHOPS!TTENDED
)NTERNATIONAL-ANAGEMENT4EACHERS!CADEMY)-4!nTHEDITIONATWOWEEKINTENSIVETRAININGPROGRAMFORINTERNATIONALFACULTY)%$#
"LED3CHOOLOF-ANAGEMENT"LED3LOVENIA*UNE
)NTEGRATING2ESEARCHAND4EACHINGOF-/4OFFEREDBY0ROFESSOR*OSEPH4IDD3CIENCEAND4ECHNOLOGY0OLICY2ESEARCH30255NIVERSITY
OF 3USSEX 5+ AND -ANAGING %DITOR OF )NTERNATIONAL *OURNAL OF )NNOVATION -ANAGEMENT AS PART OF THE 21st International Conference on
Management of Technology, IAMOT 2012 on Managing Technology-Service Convergences in the Post-Industrialized Society(SINCHU4AIWAN
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(OWTO0UBLISH0APERSIN-/4*OURNALSOFFEREDBY0ROFESSOR*ONATHAN,INTONEDITORINCHIEFOFTechnovationASPARTOFTHE21st International
Conference on Management of Technology, IAMOT 2012 on Managing Technology-Service Convergences in the Post-Industrialized Society,
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4HESIS3UPERVISION
4HESIS3UPERVISORFOR.OHA-AHMOUD!BOUSENNAh(OW$O3ERVICE3-%S)NNOVATE%VIDENCEFROMTHE%GYPTIAN.ATIONAL)NNOVATION3URVEYv
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Mohamed Bouaddi
!SSISTANT0ROFESSOROF%CONOMICS
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#ONFERENCES!TTENDED
Midwest Finance Association, Annual Meeting, &EBRUARY
Canadian Economics Association (CEA): Annual Meeting, *UNE
Mathematical Finance Days, Annual Meeting, -AY
101
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Khaled Dahawy '90
0ROFESSOROF!CCOUNTING$IRECTOR-"!PROGRAMS
2EFEREED*OURNAL!RTICLES
!BD%L-EGUID!3AMAHA+AND$AHAWY+h0RELIMINARY%VIDENCEONTHE2ELATIONSHIPBETWEEN#ORPORATE'OVERNANCE!TTRIBUTES
AND!UDIT#OMMITTEE&UNCTIONALITYIN%GYPT"EYOND#HECKINGTHE"OXvCorporate Governance: The International Journal of Business in
Society (CG), 3AMAHA + $AHAWY + !BDEL-EGUID ! AND !BDALLAH 3 h0ROPENSITY AND #OMPREHENSIVENESS )NTERNET 2EPORTING IN %GYPT
$O"OARD#OMPOSITIONAND/WNERSHIP3TRUCTURE-ATTERvInternational Journal of Accounting and Information Management (IJAIM), 3AMAHA+$AHAWY+AND(USSAINEY+AND3TAPLETON0h4HE%XTENTOF#ORPORATE'OVERNANCE$ISCLOSUREANDITS$ETERMINANTS
INA$EVELOPING-ARKET4HE#ASEOF%GYPTvAdvances in Accounting Incorporating Advances in International Accounting, $AHAWY+AND%L.ASHAR4h4HE%FFECTOF%ARNINGS"ASED!NALYSIS#HANGE/VER&INANCIAL!NALYSTS)NVESTMENT$ECISIONSIN
%GYPTvInternational Journal of Economics and Accounting: Special Issue on Egypt
3AMAHA+AND$AHAWY+h!N%MPIRICAL!NALYSISOF#ORPORATE'OVERNANCE3TRUCTURESAND6OLUNTARY#ORPORATE$ISCLOSUREIN6OLATILE
#APITAL-ARKETS4HE%GYPTIAN%XPERIENCEvInternational Journal of Accounting, Auditing and Performance Evaluation (IJAAPE)3PECIALISSUE
ON&INANCIAL2EPORTING4RANSPARENCYAND#ORPORATE'OVERNANCE)SSUESIN6OLATILE)NTERNATIONAL-ARKETS
2EFEREED#ONFERENCE0ROCEEDINGS
3AMAHA++HLIF(AND$AHAWY+!UGUSTh2ELEVANCEOF2EGULATION4HEORIES0OSITIVE!CCOUNTING4HEORIESFOR%XPLAINING$E&ACTO
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$AHAWY+AND%L.ASHAR4-AYh4HE6ALUE2ELEVANCEOF#APITAL3TOCKSAND%ARNINGS1UALITYINTHE%GYPTIAN"ANKSv)N Proceedings
of the 35th Annual Congress of the European Accounting Association,JUBLJANA3LOVENIA
102
FACULTY AND RESEARCH
2EFEREED"OOK#HAPTER
$AHAWY+AND3AMAHA+h"LENDING)NFORMATIONAND#OMMUNICATION4ECHNOLOGY)#4WITHAN!CCOUNTING3YSTEM4HE#ASEOF
THE%GYPTIAN)NTERNATIONAL-OTORS#OMPANY%)-v)N%L+HAZINDAR"USINESS2ESEARCHAND#ASE#ENTER+##Cases on Businesses in the
MENA Region: New Trends and Opportunities(ERSHEY53!)')'LOBALFORPUBLICATION
WWWIGIGLOBALCOMBOOKSTORECHAPTERASPXTITLEID
2EFEREED"OOKS
7ILD*#HIAPPETA"AND3HAWWITH+$AHAWY+AND3AMAHA+Fundamental Accounting Principles: ME EditionTHED5NITED
+INGDOM-C'RAW(ILL)NTERNATIONAL,IMITED
#ONFERENCES!TTENDED
GMAC 2012 Leadership Conference&LORIDA53!*ANUARY&EBRUARY
AACSB Annual Accreditation Conference0HILADELPHIA0ENNSYLVANIA53!3EPTEMBER
Mohamed Elbannan
6ISITING!SSOCIATE0ROFESSOROF!CCOUNTING
2EFEREED*OURNAL!RTICLES
%LBANNAN - h!CCOUNTING AND 3TOCK -ARKET %FFECTS OF )NTERNATIONAL !CCOUNTING 3TANDARDS !DOPTION !N %GYPTIAN 0ERSPECTIVEv
Review of Quantitative Finance and Accounting #ONFERENCE0ROCEEDINGS
%LBANNAN-!UGUSTh4HE)NmUENCEOF3&!3&AIR6ALUE2EPORTINGONTHE)NCORPORATIONOF&IRM3PECIlC)NFORMATIONINTO
3TOCK0RICESvAmerican Accounting Association (AAA) 2012 Annual Meeting&INANCIAL!CCOUNTINGAND2EPORTINGSECTION7ASHINGTON$#
%LBANNAN-*UNE2ISK$ISCLOSUREAND"ANKING3ECTOR0ERFORMANCEAND6ALUATION Global Business Research Symposium
2OME)TALY
-ONOGRAPHS"OOKS
%LBANNAN-Egyptian Business Taxation System: Guide for International Investors3AARBRUCKEN'ERMANY,AMBERT!CADEMIC0UBLISHING
103
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
%LBANNAN-The Value of Disclosure3AARBRUCKEN'ERMANY,AMBERT!CADEMIC0UBLISHING
%LBANNAN-Essays on International Accounting3AARBRUCKEN'ERMANY,AMBERT!CADEMIC0UBLISHING
%LBANNAN - AND -C+INLEY 7 Dysfunctions in Accounting and the Role of Corporate Lobbying 3AARBRUCKEN 'ERMANY ,AMBERT
!CADEMIC0UBLISHING
0ROFESSIONALAND!CADEMIC4RAINING2ECEIVED
AACSB Teaching Effectiveness Seminar!!#3")NTERNATIONALn7ORLD(EADQUARTERS4AMPA&LORIDA53!$ECEMBER
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3UPERVISORAND4HESIS$EFENSE#OMMITTEE-EMBER!SHOUR)h0ROPOSED&RAMEWORKFORTHE!PPLICATIONOF!CTIVITYBASED#OSTING
AND"ALANCED3CORECARDIN0ERFORMANCE%VALUATION3YSTEMSBY%GYPTIAN#OMMERCIAL"ANKSvMASTERSDISSERTATION-ASTEROF3CIENCEIN
ACCOUNTING#AIRO5NIVERSITY
Dalia El-Edel
!SSISTANT0ROFESSOROF%CONOMICS
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%L%DEL$*UNE4IME6ARYING/PTIMAL!SSET!LLOCATIONAND%QUITY(OME"IASvFourth International Finance and Banking
Society (IFABS) Conference on Rethinking Banking and Finance: Money, Markets and Models 4HE CONFERENCE WAS JOINTLY ORGANIZED BY
5NIVERSITATDE6ALÒNCIATHE)VIE6ALENCIAN)NSTITUTEFOR%CONOMIC2ESEARCHTHE5NIVERSITAT*AUME)ANDTHE5NIVERSITYOF,EICESTERIN
ASSOCIATIONWITHTHE*OURNALOF"ANKINGAND&INANCE6ALENCIA3PAIN
%L%DEL$-AY)NTERNATIONAL/PTIMAL0ORTFOLIO!LLOCATIONAND$IVERSIlCATION'AINSFOR%MERGING-ARKETSEurasia Business
and Economics Society (EBES) Annual Conference)STANBUL
%L%DEL$-ARCHAdam Smith Workshop for Asset Pricing and Corporate FinanceORGANIZEDBY3AID"USINESS3CHOOL
/XFORD5NIVERSITY
%L%DEL$-ARCHMeasuring Economic Performance WorkshopORGANIZEDBY,OUGHBOROUGH5NIVERSITY2ECEIVED"EST0OSTER
!WARD5NITED+INGDOM
104
FACULTY AND RESEARCH
Hala El-Ramly '85
!SSOCIATE0ROFESSOROF%CONOMICS
#ONFERENCESAND7ORKSHOPS0ARTICIPATIONS
0RESENTEROF4IME3ERIES4ESTSOF'ROWTH!N!PPLICATIONTO-%.!#OUNTRIESINTHERome European Academic Conference2OME)TALY
*UNE
0RESENTEROF4IME3ERIES4ESTSOF'ROWTH!N!PPLICATIONTO-%.!#OUNTRIESINTHE32nd Annual Conference of the Middle East Economic
Association HELDINCONJUNCTIONWITH the 2012 Annual Convention of the Allied Social Science AssociationsASSA#HICAGO)LLINOIS*ANUARY
Alaa ElShazly
0ROFESSOROF%CONOMICS
2EFEREED*OURNAL!RTICLES
%L3HAZLY!FORTHCOMINGh!UCTIONS2EAL/PTIONS6ALUATIONAND0RIVATIZATIONvInternational Game Theory Review
%L3HAZLY!h3TRATEGIC)NTERACTIONBETWEEN'OVERNMENTSAND)NVESTORS5NDER0RIVATIZATION0ROGRAMSvManagerial and Decision
Economicsn
%L3HAZLY ! h$ESIGNING AN %ARLY 7ARNING 3YSTEM FOR #URRENCY #RISES !N %MPIRICAL 4REATMENTv Applied Economics n
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%L3HAZLY!h%FlCIENCY-EASURESFOR"ANKING'ROUPSIN%GYPTv)N(+HEIR%L$INAND.%L%HWANY%DSTowards More Efficient
Services in Egyptn#AIRO!MERICAN5NIVERSITYIN#AIRO0RESS
105
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Abeer ElShennawy '92
!SSISTANT0ROFESSOROF%CONOMICS
2EFEREED*OURNAL!RTICLE
%L3HENNAWY!-INPRESSh4HE%URO-EDITERRANEAN&REE4RADE!GREEMENT!N)NQUIRYINTOTHE#OSTOF!DJUSTMENTTO4ARIFF,IBERALIZATION
FORTHE%GYPTIAN%CONOMY!N)NTERTEMPORAL'ENERAL%QUILIBRIUM!PPROACHvJournal of Policy Modeling
#ONFERENCE0RESENTATION
%L3HENNAWY!$ECEMBERh#LIMATE#HANGEAND%CONOMIC'ROWTHIN%GYPTvFEMISE Annual Conference: The Arab Awakening
and the Role of the EU nMed Partnership-ARSEILLE&RANCE
#ONFERENCESAND7ORKSHOPS!TTENDED
Korea – Egypt Economic Cooperation Forum, KOTRA+OREA4RADEAND)NVESTMENT0ROMOTION!GENCY#AIROINCOOPERATIONWITHTHE-INISTRYOF
)NDUSTRYAND&OREIGN4RADE%GYPT#AIRO%GYPT-AY
Environmental Challenges in the Arab World: Towards an Economic Research Agenda for the Economic Research Forum (ERF) %CONOMIC
2ESEARCH&ORUMWORKSHOP"EIRUT,EBANON.OVEMBER
Shawki Farag
0ROFESSORAND#HAIR$EPARTMENTOF!CCOUNTING
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&ARAG3!UGUSTh4HE$EVELOPMENTOF2ECORD+EEPINGvThe American Accounting Association Annual Meeting7ASHINGTON$#
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&ARAG3*ULYh%GYPT!CCOUNTING(ISTORYINTHE@/LD+INGDOMv13th World Congress of Accounting Historians.EW#ASTLE
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Tarek Hatem
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“Five years from now, I see the School of Business at The American University in Cairo as
the intellectual hub for not only Middle Eastern leaders, but also international ones who are
interested in exploring one of the infant emerging markets in the world. Major promising
reforms have been taking place over the past five years that are in absolute alignment with my
foreseen vision. I can confidently say that the numbers of world-class Middle Eastern business
leaders have been growing tremendously, primarily because of what the School of Business at
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!TTENDEDAHIGHLYSPECIALIZEDCONTINUEDPROFESSIONALEDUCATIONWORKSHOPTITLEDTeaching Lean Accounting: Lean Performance Measures,
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Sherif Kamel '87, '90
$EAN3CHOOLOF"USINESS
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3AMAHA++HLIF(AND$AHAWY+!UGUSTh2ELEVANCEOF2EGULATION4HEORIES0OSITIVE!CCOUNTING4HEORIESFOR%XPLAINING
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3AMAHA++HLIF(AND!ZZAM)-AYh$ISCLOSURE#ORPORATE'OVERNANCEAND#OSTOF%QUITY#APITALIN%MERGING-ARKETS
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35th European Accounting Association (EAA) Annual Congress,JUBLJANA3LOVENIA-AY
3YMPOSIUM&23#3YMPOSIUMh4HE%FFECTSOF!CCOUNTING3TANDARDSv-AY
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120
FACULTY AND RESEARCH
Karim Seghir
!SSOCIATE$EANOF5NDERGRADUATE3TUDIESAND!DMINISTRATION
#ONFERENCEPRESENTATION
2012 European Foundation for Management Development (EFMD) Annual Conference3OPHIA!NTIPOLIS&RANCE-AY
2012 ASSA Annual Meeting#HICAGO),*ANUARY
2011 EFMD Conference in the MENA Region .OVEMBER AND THE %15)3 ACCREDITATION SEMINAR .OVEMBER #ASABLANCA-OROCCO
2011 EFMD Africa Conference#APE4OWN3OUTH!FRICA.OVEMBER
2011 AACSB Annual Accreditation Conference0HILADELPHIA3EPTEMBER
121
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Tarek Selim '92, '95
!SSOCIATE0ROFESSOROF%CONOMICS
2EFEREED*OURNAL!RTICLE
3ELIM4h'LOBAL#EMENT)NDUSTRY#OMPETITIVEAND)NSTITUTIONAL&RAMEWORKSvJournal of Strategic Management Education
JSME 0RESENTATIONS
3ELIM4*UNEh/RIENTAL7EAVERS!#ASE3TUDYvIndustry Studies Association5NIVERSITYOF0ITTSBURGH
3ELIM 4 .OVEMBER h%GYPTS .EW 0ATH FOR #OMPETITIVENESS AND )NNOVATIONv Second Research Dialogue Conference on
Emerging Economies"ROOKINGS4SINGHUA#HINA#ENTER4SINGHUA5NIVERSITY"EIJING#HINA
4HESIS3UPERVISION
3UPERVISEDTWO-!ECONOMICSSTUDENTTHESESANDWASCOADVISERINONE-!PUBLICPOLICYTHESIS
/THER
#ONTINUESTOSERVEASAFACULTYAFFILIATETO(ARVARD"USINESS3CHOOL("3THROUGHTHE-ICROECONOMICSOF#OMPETITIVENESS-/#
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122
FACULTY AND RESEARCH
Iman Seoudi '95, '00
!SSISTANT0ROFESSOROF-ANAGEMENT
#ONFERENCEAND7ORKSHOPS!TTENDED
Collaborative Workshop To Innovate, Accelerate and Integrate Your Entrepreneurship Program)NTELAND1UEEN2ANIA#ENTERFOR%NTREPRENEURSHIP
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0ANELIST
EABIS 11th Annual Colloquium: Strategic Innovation for Sustainability, Institute for Management Development (IMD),AUSANNE3WITZERLAND
*ULY
/THER0ARTICIPATIONS
Price-Babson Symposium for Entrepreneurship Educators"ABSON#OLLEGE-ASSACHUSETTS53!*ANUARY
123
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Hamed Shamma '99, '02
!SSISTANT0ROFESSOROF-ARKETING
2EFEREED*OURNAL!RTICLES
3HAMMA(-AND(ASSAN33FORTHCOMINGh#USTOMER$RIVEN"ENCHMARKING!3TRATEGIC!PPROACH4OWARDA3USTAINABLE-ARKETING
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3HAMMA ( - FORTHCOMING h%XAMINING )NTERNAL -ARKETING 0RACTICES IN %GYPT !FTER THE 2EVOLUTIONv International Journal of
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-OURAD--AND3HAMMA(-FORTHCOMINGh)DENTIFYINGTHE"ASISFOR3EGMENTING(IGHER%DUCATION%VIDENCEFROM%GYPTvInternational
Journal of Technology and Education Marketing
"HUIAN3!MYX$AND3HAMMA(-FORTHCOMINGh!N%XTENSIONOF#ONSUMER%NVIRONMENTAL"EHAVIOR2ESEARCH!MONG%XPATRIATESv
International Journal of Commerce and Management
"HUIAN 3 2ICHARD / AND 3HAMMA ( - FORTHCOMING h%NTREPRENEURIAL /RIENTATION AND /RGANIZATIONAL 0ERFORMANCE 4HE 2OLE OF
-ANAGERIAL4RAITSvJournal for International Business and Entrepreneurship Development
"HUIAN33HAMMA(--OURAD-AND4OLBA!FORTHCOMINGh-ANAGERIAL4RAITS-ARKET/RIENTATIONAND/RGANIZATIONAL0ERFORMANCE
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"HUIAN32ICHARD/AND3HAMMA(-h%NTREPRENEURIAL/RIENTATIONAND/RGANIZATIONAL0ERFORMANCE4HE2OLEOF-ANAGERIAL
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124
FACULTY AND RESEARCH
3HAMMA ( - AND (ASSAN 3 h#USTOMER$RIVEN "ENCHMARKING ! 3TRATEGIC !PPROACH ,EADING TO 3USTAINABLE -ARKETING
0ERFORMANCEvProceedings of the 2012 Annual Academy of Marketing Science.EW/RLEANS,OUISIANA
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125
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Ahmed Tolba '97, '01
!SSISTANT0ROFESSOROF-ARKETING$IRECTOR%L+HAZINDAR"USINESS2ESEARCHAND#ASE#ENTER
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"HUIAN33HAMMA(--OURAD-AND4OLBA!FORTHCOMINGh-ANAGERIAL4RAITS-ARKET/RIENTATIONAND/RGANIZATIONAL0ERFORMANCE
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"OOKS
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+HAZINDAR"USINESS2ESEARCHAND#ASE#ENTER+##Cases on Businesses in the MENA Region: New Trends and Opportunities(ERSHEY
53!)')'LOBAL
126
FACULTY AND RESEARCH
Eskandar Tooma '98
!SSOCIATE0ROFESSOROF&INANCE$IRECTOR#ITADEL#APITAL&INANCIAL3ERVICES#ENTER
2EFEREED*OURNAL!RTICLES
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!NSOTEGUI#"ASSIOUNY!AND4OOMA%FORTHCOMINGh4HE,AWOF/NE0RICEIN'LOBAL$EPOSITORY2ECEIPTS%MPIRICAL%VIDENCEFROM
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"OOK#HAPTERS
4OOMA % AND "ASSIOUNY ! h0REMIUM )NTERNATIONAL FOR #REDIT 3ERVICES !N !PPLICATION OF 6ALUE"ASED -ANAGEMENTv )N
%L+HAZINDAR "USINESS 2ESEARCH AND #ASE #ENTER %D Cases on Business and Management in the MENA Region: New Trends and
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4OOMA%3EPTEMBER AACSB International 2011 Annual Accreditation Conference0HILADELPHIA0!5NITED3TATES
127
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Samir Youssef
0ROFESSOROF-ANAGEMENTAND)NTERNATIONAL"USINESS
#ONFERENCE0RESENTATIONS
9OUSSEF3!PRILh!SSESSMENTOFA')-)NITIATIVETO%NGAGETHE0OORIN%GYPTvInternational Center for Corporate Social
Responsibility: 10th Anniversary Conference5NIVERSITYOF.OTTINGHAM5NITED+INGDOM
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The European Academy of Management Conference: Social Innovation for Competitiveness, Organizational Performance and Human Excellence
2OTTERDAM4HE.ETHERLANDS*UNE
128
FACULTY AND RESEARCH
“Education is the pillar of any country, and I believe in it with my soul and keep
thanking my late parents for my education because without it, I would have been a
different person. Together, we must work hard to have the whole country share this belief
and work toward this goal. Education, education and education. Otherwise, we can forget
about modern Egypt. How does this impact or relate to the School of Business? AUC?
It does. AUC has this magic aura, bringing on this feeling of belonging once you utter
the three-letter word. Lately, I’m noticing that the School of Business is becoming just
like AUC, and that is wonderful. When I look back at how the School of Business has
evolved, it used to be the management department when I started my graduate studies in 1978,
and later, when I was invited by my professors to give students some insights on business life,
teach some courses related to banking, treasury and management skills, it was growing and
expanding. But the beauty of it was, and has always been, that the school was always reaching
out for talented, business, industrial, trading and administrative people to always provide
a balance between academia and real life. That’s how success is created, and the School of
Business epitomizes that, particularly with its new leadership. I’m proud to be associated with
the school, and I’m proud of its achievements, whether on the
international or local fronts.”
Nayera Amin '76, '81
-ANAGING$IRECTORAND#HIEF%XECUTIVE/FlCER0IRAEUS"ANK%GYPT
-EMBER$EANS3TRATEGIC!DVISORY"OARD3CHOOLOF"USINESS!5#
129
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
130
DEVELOPMENT
131
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Institutional Development Division
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DEVELOPMENT
&ACULTY$EVELOPMENT
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SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
#OMMUNICATIONAND-ARKETING
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134
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SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
“As I reflect on the past 18 months, I realize that although the concept of democracy
is foreign to Egypt as a whole, it is not such a new concept to many Egyptians and
institutions. A clear example is The American University in Cairo (AUC). I would
like to take this opportunity to thank the faculty and staff of AUC. Since its inception,
your institution embraced students not just from the United States and Egypt, but
rather from all walks of life. Educating and molding young minds to accept one another
in all aspects is, in my view, the epitome of democracy. One of the things I have always
appreciated about AUC was a simple system that was implemented since its inception,
a system built on one notion -- that AUC’s educational system is for the students and
never against them. Such a notion is what will allow you to continue producing the
best-in-class human capital for our nation that will drive our country into the future.
I wish you all the best in your future endeavors.”
Hisham Ezz El Arab
#HAIRAND-ANAGING$IRECTOR#OMMERCIAL)NTERNATIONAL"ANK#)"
136
DEVELOPMENT
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SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
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AWARDS AND
HONORS
139
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Honors Assemblies
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4?#3!B8!9:79;
140
AWARDS AND HONORS
Student Awards at Competitions
Certified Financial Analyst Research Challenge Contest (February 14, 2012)
A team of School of Business finance students won
top prize at the Certified Financial Analyst (CFA)
Research Challenge contest, which was hosted by
AUC and featured teams from Ain Shams University,
Cairo University, Helwan University and the German
University in Cairo. The AUC team consisted of Ahmed
Amr Mohamed, Ahmed Helal, John Hanna, Youssef
Members of AUC’s finance team with the
winning trophy
Samy and Yara El-Zahaby. The students were asked to
deliver a research report and investment presentation
for Arafa Group, a Cairo-based clothing manufacturer
and exporter.
Hult Global Case Challenge Regional
Competition (February 25, 2012)
MBA students won second place in the energy track
of the Dubai regional finals. The team consisted of
Ahmed Askar, Ahmed Diab, Mahmoud Omar and
Nermine Hashem, who were awarded the title of
Most Inspiring Team. The 2012 Hult Global Case
Challenge, focusing on global poverty, consisted of a
regional competition and a global final contest. Regional
Members of the AUC team at the
Hult competition
competitions are held in the five cities where Hult has
campuses – Boston, San Francisco, London, Dubai and
Shanghai. A sixth site was facilitated virtually, via Facebook.
141
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
AUC’s School of Business mourns Omar Aly Saad
Mohsen, an economics senior who was scheduled to
graduate in February 2012. Mohsen was among the 79
people killed in the tragic soccer match that took place
on February 1, 2012 in Port Said.
At the provost’s retreat (April 27 – 28, 2012), Ain El
Sokhna, an award was presented to the School of
Business in memory of Omar Mohsen.
Omar Mohsen Memorial Award
Omar Abou Seif, School of Business student (major: economics, minor: business administration)
Presented at the School of Business Spring 2012 Undergraduate Honors Assembly (May 17)
Omar Mohsen Cup
Business Computer Center (BCC)
Presented at the Omar Mohsen memorial soccer tournament (April 1 - 5, 2012), Organized by the
Independent Syndicate at AUC
142
AWARDS AND HONORS
ALUMNI AWARDSEmerald Citation of Excellence Award
Carolyn Youssef, associate professor of management at the
College of Business at Bellevue University and a research
associate of Bellevue University’s Human Capital Lab,
received the award for her article on “Emerging Positive
Organizational Behavior” (Journal of Management, 2007).
Youssef co-authored this article with Fred Luthans, a highly
recognized scholar in the field of organizational behavior.
Award presented at the annual
Emerald Award Winner’s
Presentation (Texas, USA,
August 12, 2011)
Etisalat Award for Arab Children’s Literature
Dalia Ibrahim, business administration graduate
and acting chief executive officer of Nahdet Masr
Publishing House, received the award for the book
titled Teari ya Tayara (Fly Away Kite), written by
Amani Al Ashmawi.
Award presented at the opening day of the 2011
Sharjah International Book Fair
143
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
Outstanding Alumni Awards
Akil Beshir, CHAIRANDCHIEFEXECUTIVEOFlCER4ELECOM%GYPT
School of Business Fall Undergraduate Honors Assembly (December 11, 2011)
Tarek Mansour, PARTNER0RICEWATERHOUSE#OOPERS
School of Business Graduate Honors Assembly (May 6, 2012)
Mohamed Samir, VICEPRESIDENT0ROCTER'AMBLE&ABRIC#ARE7ESTERN%UROPE
School of Business Spring Undergraduate Honors Assembly (May 17, 2012)
The Stephen S. Everhart
Distinguished Business Award
Mohamed Bahaa '09, '10, VICEPRESIDENT$-!&ARMS
School of Business Spring Undergraduate Honors Assembly (May 17, 2012)
144
AWARDS AND HONORS
“Excellence in business happens only when passion to succeed is channeled to action
by outstanding education, tempered with sound, pragmatic wisdom imparted by worldclass faculty. The School of Business at AUC has established itself as a fountainhead
of enabling generations of young men and women to be developed into exceptional
professionals and entrepreneurs who have shaped the fortunes of leading organizations,
businesses and countries. In the aftermath of the Arab Spring, there is an even greater
need for institutions like AUC’s School of Business to rekindle the spirit of enterprise
to generate jobs and prosperity for the millions who inhabit the Middle East and North
Africa. As a company, Nestle has benefited from the smart thinking and
committed young professionals who have passed through the portals of AUC.”
Suresh Narayanan
#HAIRAND#HIEF%XECUTIVE/FlCER.ESTLE%GYPT
(EAD.ESTLE.ORTH%AST!FRICA2EGION
145
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
FACULTY AWARDS
Faculty Excellence Awards
Khaled Samaha, ASSISTANTPROFESSOR$EPARTMENTOF!CCOUNTING
AUC Undergraduate Commencement (February 18, 2012) - Excellence in Teaching
Ahmed Abdel-Meguid, ASSISTANTPROFESSOR$EPARTMENTOF!CCOUNTING
School of Business Spring Undergraduate Honors Assembly (May 17, 2012) - Excellence in Service
Mohamed El Bannan, ASSISTANTPROFESSOR$EPARTMENTOF!CCOUNTING
School of Business Spring Undergraduate Honors Assembly (May 17, 2012) - Excellence in Teaching
Maha Mourad '95, '99, ASSISTANTPROFESSOR$EPARTMENTOF%CONOMICS
School of Business Spring Undergraduate Honors Assembly (May 17, 2012) - Excellence in Research
146
AWARDS AND HONORS
Abla Abdel Latif, AFlLIATEPROFESSOR$EPARTMENTOF%CONOMICS
School of Business Spring Undergraduate Honors Assembly (May 17, 2012) - Adjunct Faculty Excellence in Teaching
Ibrahim Hegazy, ASSOCIATEPROFESSOROFMARKETING
AUC Undergraduate Commencement Ceremony (June 2012) - Excellence in Academic Service
Faculty Appreciation Award
Talaat Abdel Malek, FORMERPROFESSOROFDEVELOPMENTANDINTERNATIONALECONOMICS
School of Business Fall Undergraduate Honors Assembly (December 11, 2011)
Mohga Badran '75, PROFESSORANDCHAIR$EPARTMENTOF-ANAGEMENT
School of Business Graduate Honors Assembly (May 6, 2012)
Badran was among &ORBES-IDDLE%ASTgS4OPMOSTPOWERFUL!RABBUSINESSWOMEN(2012).
147
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
2012 YOUNG GLOBAL LEADER (YGL)
Ayman Ismail '95, '97
!SSISTANT0ROFESSOROF-ANAGEMENTAND!BDUL,ATIF*AMEEL%NDOWED#HAIROF%NTREPRENEURSHIP
.AMED9',BY7ORLD%CONOMIC&ORUM
Provost’s Retreat, Ain El Sokhna (April 27 - 28, 2012)
)NRECOGNITIONOFOUTSTANDINGEFFORTSBYTHE3CHOOLOF"USINESSTOATTAIN!!#3"REACCREDITATION
3HERIF+AMELDEAN3CHOOLOF"USINESS
)NRECOGNITIONOFOUTSTANDINGEFFORTSINORGANIZINGTHE!5#2ESEARCH#ONFERENCE
.AGLA2IZKASSOCIATE DEANOFGRADUATESTUDIESANDRESEARCHFOUNDINGDIRECTOR!CCESSTO+NOWLEDGE FOR$EVELOPMENT#ENTER
ASSOCIATEPROFESSOROFECONOMICS
)NRECOGNITIONOFOUTSTANDINGCONTRIBUTIONSINSUPPORTOF!5#SACADEMICPROGRAMS
!HMED4OLBAASSISTANTPROFESSOROFMARKETINGDIRECTOROF%L+HAZINDAR"USINESS2ESEARCHAND#ASE#ENTER
School of Business Retreat, Ain El Sokhna (May 10 - 11, 2012)
!WARDANDCERTIlCATEINRECOGNITIONOFOUTSTANDINGCONTRIBUTIONSTOTHE3CHOOLOF"USINESSIN
-OHAMED2ADWANADJUNCTASSISTANTPROFESSOR$EPARTMENTOF-ANAGEMENT
+ARIM3EGHIRASSOCIATEDEANOFUNDERGRADUATESTUDIESANDADMINISTRATION
(AMED3HAMMAASSISTANTPROFESSOR$EPARTMENTOF-ANAGEMENT
%SKANDAR4OOMAASSOCIATEPROFESSOR$EPARTMENTOF-ANAGEMENT
&ACULTY2ESEARCH$EVELOPMENT&UND&2$&!WARDS
&OREXCEPTIONALCONTRIBUTIONSTOTHEINTELLECTUALLIFEANDQUALITYOFRESEARCHOUTPUTINTHROUGHTHEPUBLICATIONOF
ARTICLESINTOPTIERJOURNALS
-ONAL!BDEL"AKIASSISTANTPROFESSOR$EPARTMENTOF%CONOMICS
!HMED!BDEL-EGUIDASSISTANTPROFESSOR$EPARTMENTOF!CCOUNTING
148
AWARDS AND HONORS
+HALED$AHAWYPROFESSOR$EPARTMENTOF!CCOUNTING
-OHAMED%L"ANNANASSISTANTPROFESSOR$EPARTMENTOF!CCOUNTING
-OHAMED%L"ARKOUKYASSISTANTPROFESSOR$EPARTMENTOF-ANAGEMENT
!BEER%L3HENNAWYASSISTANTPROFESSOR$EPARTMENTOF%CONOMICS
)BRAHIM(EGAZYASSOCIATEPROFESSOR$EPARTMENTOF-ANAGEMENT
-ONA3AIDASSISTANTPROFESSOR$EPARTMENTOF%CONOMICS
+HALED3AMAHAASSISTANTPROFESSOR$EPARTMENTOF!CCOUNTING
(AMED3HAMMAASSISTANTPROFESSOR$EPARTMENTOF-ANAGEMENT
!MEMORIALSERVICEWASHELDON3EPTEMBERCOMMEMORATINGTHELIFEOF
3TEPHEN%VERHARTAHIGHLYRESPECTEDFACULTYMEMBERWHOLOSTHISLIFEIN)RAQIN
*UNE%VERHARTHADSERVEDASTHEASSOCIATEDEANOFUNDERGRADUATESTUDIESAND
ADMINISTRATIONATTHE3CHOOLOF"USINESS
$URINGTHE%DUNIVERSALAWARDCEREMONYWHERE!5#WASRANKEDSECONDIN!FRICA
%DUNIVERSALPRESENTEDTHE3CHOOLOF"USINESSWITHANAWARDINMEMORYOFTHELATE3TEPHEN
%VERHARTINRECOGNITIONOFHISOUTSTANDINGWORKANDEFFORTS
149
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
STAFF AWARDS
Excellence Awards
Nadia Wahba, ADMINISTRATIVEASSISTANT$EPARTMENTOF-ANAGEMENT
School of Business Fall Undergraduate Honors Assembly (December 11, 2011) - Staff Excellence Award
Nancy Sidhom '92, ASSISTANTTOCHAIR$EPARTMENTOF%CONOMICS
School of Business Spring Undergraduate Honors Assembly (May 17, 2012) - Staff Excellence Award
Maha Ismail, PROGRAMMANAGER)NSTITUTEOF-ANAGEMENT$EVELOPMENT
School of Business Spring Undergraduate Honors Assembly (May 17, 2012) - Management Excellence Award
150
AWARDS AND HONORS
Provost’s Retreat, Ain El Sokhna (April 27 - 28, 2012)
!WARDINRECOGNITIONOFLEADERSHIPCAPACITIESANDCONTRIBUTIONSTOTHE3CHOOLOF"USINESS
'HADA(OWAIDYDIRECTOR)NTERNATIONAL%XECUTIVE%DUCATION)NSTITUTEDIRECTORINSTITUTIONALDEVELOPMENT3CHOOLOF"USINESS
!WARDINRECOGNITIONOFDEDICATEDEFFORTSANDADMINISTRATIVESKILLSINSUPPORTOFTHE3CHOOLOF"USINESS
,INA.ADAASSISTANTTODEAN3CHOOLOF"USINESS
School of Business Retreat, Ain El Sokhna (May 10 - 11, 2012)
!WARDSANDCERTIlCATESINRECOGNITIONOFOUTSTANDINGCONTRIBUTIONSTOTHE3CHOOLOF"USINESSIN
!LAA!BDEL(ALIMPROGRAMCLERK)NSTITUTEOF1UALITY-ANAGEMENT
-ARYCLAIRE!BOWDACADEMICASSESSMENTSPECIALIST/FlCEOF!CADEMIC!SSESSMENTAND!CCREDITATION
9OUSRA"AKRGRADUATESTUDIESANDRESEARCHASSISTANT
-OHAMED"ESHIRPROGRAMCLERK/FlCEOFTHE$EAN
,ANA%L2AMLYHEAD/FlCEOF!CADEMIC!SSESSMENTAND!CCREDITATION
3ABREYA%L3HOURAPROGRAMMANAGER2EAL%STATE!CADEMY)NTERNATIONAL%XECUTIVE%DUCATION)NSTITUTE
-AHA&AROUKASSISTANTDIRECTORFORINSTITUTIONALDEVELOPMENT
'HADA(AFEZMANAGER%NTREPRENEURSHIPAND)NNOVATION0ROGRAM
3ALMA(ALAWAELECTRONICCOMMUNICATIONSSPECIALIST)NSTITUTIONAL$EVELOPMENT$IVISION
(EBA)BRAHIMSPECIALIST/FlCEOF3TUDENT3ERVICES
2ADWA-ORSYACCREDITATIONANDCONTINUOUSIMPROVEMENTOFlCER1UALITY!SSURANCE5NIT-ANAGEMENT#ENTER
,INA.ADAASSISTANTTODEANOFTHE3CHOOLOF"USINESS
-AY2AMADANSENIORMANAGER/FlCEOF3TUDENT3ERVICES
&EEDBACK!PPLICATIONFOR3CHOOLOF"USINESS3TAFF&!"3TAFF
4HISINITIATIVEWASLAUNCHEDBYTHE3CHOOLOF"USINESSWITHTHEAIMOFCREATING
ANOPENLOOPOFCOMMUNICATIONINWHICHINDIVIDUALSARECOMFORTABLESHARING
THEIRINNOVATIVEIDEASANDCONSTRUCTIVEFEEDBACK)TPROVIDESIDEASONWAYS
TO IMPROVE INSIGHT INTO THE NEEDS OF STAFF MEMBERS AND SUGGESTIONS ON
WAYSTOCONTRIBUTETOTHEOVERALLGROWTHOFTHESCHOOLLEADINGTOAMORE
POSITIVEWORKENVIRONMENT
151
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
“The School of Business at AUC epitomizes a vibrant academic community, rich and
diverse in its field of study and dynamic in its freedom for explanation. Its undergraduate
and graduate programs are both flourishing under the guidance of pioneering faculty in an
outstanding environment. It mingles between foundations of knowledge and pragmatic aspects.
AUC’s School of Business aids students in the process of understanding and appreciating the
contexts in which they will operate. In addition, it enables them to refine and enhance their
understanding of their own leadership potential.The School of Business at AUC has always
been committed to fostering innovation in the communities it serves. Proficiency and innovation
are the defining roles of the school, with special emphasis on hosting a large set of programs, the diversity of
which are appreciated and nurtured by the learning community. Participants in these programs tend to be
career advancers from many industries, and the main program objectives are generally to diffuse management innovation.
The school comprises renowned faculty members who unite to pursue excellence and distinction, and focus as much on
developing skills as transferring knowledge.The School of Business at AUC has what it takes to become
one of the top schools in the region. I am confident that it will continue to flourish and outshine.”
Hassan Abdalla '82, '94
6ICE#HAIRAND-ANAGING$IRECTOR!RAB!FRICAN)NTERNATIONAL"ANK%GYPT
-EMBER$EANS3TRATEGIC!DVISORY"OARD3CHOOLOF"USINESS!5#
152
AWARDS AND HONORS
153
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
154
STATISTICS
155
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
FACULTY
49
49
Adjunct
faculty
Full-time
faculty
102
FACULTY
4
Emeritus
156
MEMBERS
AUGUST 2012
STATISTICS
STAFF
113
STAFF
MEMBERS
AUGUST 2012
157
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
STUDENTS
UNDERGRADUATE STUDENTS
AUGUST 2012
%.2/,,%$
'2!$5!4%$
158
STATISTICS
MBA GRADUATE STUDENTS
'2!$5!4%$
&!,,
302).'
%.2/,,%$
&!,,
%.2/,,%$
302).'
'2!$5!4%$
ECONOMICS PROGRAMS GRADUATE STUDENTS
%.2/,,%$
&!,,
159
%.2/,,%$
302).'
'2!$5!4%$
'2!$5!4%$
&!,,
302).'
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
ALUMNI AUGUST 2012
UNDERGRADUATE ALUMNI
3,951
Economics
3,001
Business
Administration
511
Accounting
160
STATISTICS
GRADUATE ALUMNI
359
Management
1,196
Master of Business
Administration
99
Economics in
International
Development
161
417
Economics
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
MANAGEMENT CENTER
ALUMNI (1977-2012)
-ORETHAN
PROGRAMS
#/523%3
PROFESSIONAL PROGRAMS
(2011-2012)
(2011-2012)
25.3
).3425#4/23
).#,5$).'.%7/2#/.4).5).'25.3&/2
02/'2!-3).25.-/$%/23%#4)/.3&/2
PROGRAMS IN SEMESTER MODE
(2011-2012)
162
3(/24#/523%3
).#,5$).'&5,,4)-%&!#5,49
(2011-2012)
STATISTICS
CITADEL CAPITAL FINANCIAL SERVICES CENTER
4/4!,53%23).#,5$).'2%#522).'53%23
(2006-2012)
GOLDMAN SACHS 10,000 WOMEN
ENTREPRENEURSHIP AND
LEADERSHIP (WEL) PROGRAM
ALUMNI (2008-2012)
163
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
INTERNATIONAL EXECUTIVE EDUCATION
INSTITUTE
ALUMNI (2008-2012)
(2011-2012)
183
Participants
191.5
Training
Hours
47
Companies
Served
1
Forum
164
7
Programs
STATISTICS
165
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
EL-KHAZINDAR BUSINESS RESEARCH
AND CASE CENTER
(2011-2012)
WORKSHOPS
CASE WRITING CASE SOLVING
INTERNATIONAL COMPETITIONS
166
STATISTICS
PUBLICATIONS
MINI-CASES
LEAD ESSAYS
POLICY PAPERS MICRO-CASES
LONG CASES
05",)3(%$
05",)3(%$
167
5.$%22%6)%7
IN PROCESS
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
REVENUES
(2011-2012)
$ 24 MILLION
79% Academic
17% Non-academic
2% Grants
1% Gifts
1% Endowments
0% Projects
168
STATISTICS
EXPENSES
(2011-2012)
$ 24 MILLION
45% Contribution to
AUC Shared Services
43% Operational
9% AUC Overhead
allocated to School
of Business
2% Grant
1% Gifts
0% Endowments
0% Projects
0% Cost Sharing
169
SCHOOL OF BUSINESS ANNUAL REPORT, 2011 - 2012
[email protected]
www.aucegypt.edu/business
ANNUAL REPORT 2011 - 2012
School of Business
The American University in Cairo
AUC Avenue, P.O. Box 74
New Cairo 11835, Egypt
tel 20.2.2615.3290