Executive Doctorate in Business Administration (EDBA)

The Executive Doctorate in Business Administration is the most advanced non-academic business degree. The EDBA is a practical combination of strong academic content, coupled with advanced business strategies and solutions. The EDBA is ideal for individuals on a high corporate level who wish to acquire an extensive academic and industry related exposure. You will be actively involved in academic research, socio–economic ideas and business interests.

On successful completion of the EDBA program students will be able to:

  • apply relevant theoretical knowledge to contemporary business problems;

  • critique contemporary organizational practice in the light of relevant theory;

  • explain the principles of, and apply, a range of quantitative and qualitative research methods frequently used in business research;

  • determine and apply appropriate research methods to business management problems;

  • critically evaluate business research studies in order to assess their quality and applicability in improving the effective handling of business management problems;

  • acquire and utilize knowledge of behavioral, policy and strategic issues to improve the effectiveness of their own organizations;

  • identify, analyze and evaluate internal and external environmental influences on organizations in order to develop strategic plans for the management of change and development;

  • demonstrate superior oral and written communications skills relevant to business; and

  • link the educational experience directly with their own workplace experience.

CURRICULUM

The HEC Liège Executive School, Executive Doctorate in Business Administration program shall be completed by coursework and thesis.  Participants are required to complete the following stages :

No.

Course Code

Course

Credits

YEAR 1

THE FOUNDATION FOR RESEARCH

1

EDBA601

Research Methodology I

5

2

EDBA602

Advanced Corporate Finance and Governance

5

3

EDBA603

Advanced Strategic Leadership Management

5

4

EDBA604

Research Conference I

5

YEAR 2

THE BUILDING OF A RESEARCH PROJECT

5

EDBA605

Research Methodology II

5

6

EDBA606

Advanced Strategic Marketing Management

5

7

EDBA607

Advanced Managerial Economics

5

8

EDBA608

Research Conference II

5

YEAR 3

THE IMPLEMENTATION

9

EDBA609

Dissertation

15

10

EDBA610

Research Conference III

5

TOTAL:

60

Course Description


EDBA601: Research Methodology I

The Research Methods course is divided in two parts, which will provide participants with a solid foundation and valid frameworks to accomplish their research goals.

Course Synopsis

The first part of the course examines two methods of approaching research, namely qualitative research and behavioral research. Topics covered include the criteria for valid and reliable research, the advantages and disadvantages of different research strategies, electronic and paper tools for searching literature, research methods – observational, survey, experimental, general writing techniques, writing style, data analysis, and data presentation.

This course introduces students to the field of research. It examines in depth the research process and introduces doctoral candidates to the various aspects of doing scientific research, providing practical advice and insight in the field. Topics covered include hypothesis formulation and theory construction, data collection techniques, ethical issues in research, and research design.

This is a very practical course aimed to guide participants through the work that lies ahead.

Learning Objectives / Outcomes

At the end of this course students will be able to: 

  • distinguish amongst the different types of research;  
  • be aware of the tools used and their relative roles and reliability; and
  • to review the steps to be undertaken in the research design, writing, and the steps in publishing the results. 

EDBA602: Advanced Corporate Finance and Governance

Course Synopsis 

This module is an analysis of financial structures and the evaluation of the underlying real assets; global strategic planning and controlling; corporate governance structures; legal matters and global tax structures; international corporate policy formulation; international money and banking. Topics further include capital structure, executive compensation, diversification and restructuring, bankruptcy, venture and private equity. 

 Learning Objectives & Outcomes 

At the end of this course the student will be able: 

  • understand the characteristics and the importance of corporations in modern economies and the basic concept of corporate governance (CG); 
  • be familiar with the theoretical and practical frameworks of corporate (CG) governance and how it is linked to corporate financial (CF) decision making; 
  • identify agency problems that occur in corporations and analyze the different CG mechanisms that can help solve such problems to increase the firm’s value; 
  • understand how CG is related to strategy, organizational design, the firm’s environment, and shareholder value;
  • identify obstacles and possibilities related to corporate governance reform;
  • apply the practical skills acquired to analyze, interpret and evaluate empirical evidence relating to the theory of CG and CF decision making in financial markets and the corporate sector; and
  • confidently present orally or in writing the outcomes of your analysis. 

EDBA603: Advanced Strategic Leadership Management

Course Synopsis

The module is an in–depth analysis of corporate strategies; net–structuring; strategic decision making and alliances building; market niches and organisational capabilities; corporate leadership, knowledge management and diversification strategies; implementation and enforcement of organisational changes within small firms and across corporations. We explore further the processes of creativity and innovation work and their applications.

Learning Objectives & Outcomes

At the end of this course the student will be able to:

  • demonstrate a deep understanding of theoretical concepts and frameworks of various strategic leadership models;
  • apply such understanding by evaluating the effectiveness of strategic leadership in practice;
  • Increase their own self-awareness and self-confidence to develop their own style of strategic leadership both as a leader and a team player;
  • reflect and deal with different forms of contingency, crisis and change circumstances in and around organisations as a leader; and
  • apply the knowledge acquired from this course to add more value to your organisation or individual pursuits as a leader with foresight, serendipity, cognitive and emotional as well as social intelligence.

EDBA604: Research Conference I

Reference Text(s):        Refer To Handbook


EDBA605: Research Methodology II

Course Synopsis

The second part of the course will examine the fields of quantitative and econometric research. Topics covered include scientific methods, cognitive guidelines, quantification and standardization in survey research, reconciling practical and scientific requirements for creating valid and unbiased surveys.

Part two will examine research tools and applied econometrics, regression analysis, estimation procedures, hypothesis testing, time series modeling, and forecasting.

Additional emphasis will be put on the process of rigorous formation of research questions and research design.

Learning Objectives & Outcomes

At the end of this course the student will be able to: 

  • distinguish between the different methods of collecting, analyzing data and the research techniques to be used for optimum results;  
  • examine a wide range of concepts and methods for observing, interviewing, recording and analyzing field data shall be covered;  
  • manipulate quantitative and qualitative methods or research;  
  • examine and demonstrate the ethical considerations in qualitative research practice; and
  • gain solid understanding of statistical tools used in empirical analysis and will allow the participants to develop solid analytical skills.  

EDBA606: Advanced Strategic Marketing Management

Course Synopsis

The course examines the marketing environment from an international perspective, analyzing the cultural, economic, political and legal issues that the contemporary professional faces. Topics include globalization; foreign market assessment, selection and analysis; global product policy; global advertising and promotion; channel management and logistics for global marketing; coordination, selection of representatives and establishing of wholly owned operations.

Learning Objectives & Outcomes

At the end of this course the student will be able to:

  • distinguish between marketing management in the domestic and the global context;
  •  acquire knowledge of various theoretical concepts and frameworks in international marketing;
  • understand the justification for the use of different foreign market entry strategies under different circumstances;
  • demonstrate the understanding of the basic differences in various global marketing pricing policies;
  • apply the understanding of the need to be cross-culturally sensitive in devising a global marketing mix; and
  • coordinate a global marketing mix that combines the elements of a globalised and localized (glocal) strategy.

EDBA607: Advanced Managerial Economics

Course Synopsis

Managerial economics is the application of economic theory to managerial issues. Practitioners – Nestlé executives, McKinsey consultants, Credit Suisse First Boston investment bankers – often rely on economic analysis when they tackle business issues or make important strategic decisions. Elements of managerial economics can be found in all aspects of business activity, such as production, pricing, financing, management and strategy.

Learning Objectives & Outcomes

At the end of this course the student will be able to:

  • understand the basic nature and scope of economics and explore its current changes resulting in subsequent challenges facing individuals and firms;
  • understand the challenges to allocate resources in the various and increasingly dynamic market economy structures;
  • apply concepts of elasticity as applied to demand and supply and its effect on price to analyze economic issues and challenges;
  • understand the need for the underlying assumptions about human behavior and its impact on supply and demand;
  • Discuss basic concepts of macroeconomics and its impact on current industry growth prospects;
  • evaluate industries in terms of market structure, the degree of strategic and price competition, barriers to entry, economies of scale, and value creation;
  • acquire an understanding of tools used in managing the economy, the business cycle, economic forecasting, monetary and fiscal policy and the role of the government budget;
  • analyse operations of markets and the impact of market forces, government regulation and international competition; and
  • acquire knowledge of green business, the clean tech revolution and the importance renewable energy and materials towards sustainable economic development.

EDBA608: Research Conference II

Reference Text(s):        Refer To Handbook


EDBA609: Dissertation

Course Synopsis

An original, academic written product of the systematic study of a significant problem that follows a coherent methodology, independent research and comprehensive thinking. An appropriate organisation and documentation is part of it. A supervisor (typically a local faculty member) accompanies and discusses the student’s work, closely checks the progress and takes on academic responsibility.

Learning Objectives & Outcomes

At the end of this course the student will be able to:

  • to critically analyze in depth a research topic of interest related to the modules of the EDBA program in the field of business and/or management;
  •  demonstrate a profound understanding of the theoretical concepts and frameworks in relevant literature that supports and forms the basis of the main arguments and hypotheses of their dissertation;
  • demonstrate competency in designing, collecting, analyzing, interpreting and presenting researched data in a systematic manner and to a professional standard;
  • demonstrate the ability to approach the dissertation arguments from a wider context and to be able to provide unambiguous and convincing evidence to justify and sustain such arguments to its conclusion; and
  • learn and grow by deepening their self and social awareness in their multiple roles as a business researcher and leader.

EDBA610: Research Conference III

Reference Text(s):        Refer To Handbook

Entry Requirement

HEC Liège Executive Education welcomes qualified applicants with no discrimination towards their gender, age, cultural, ethnic, religious and racial backgrounds. Distance learning candidates are admitted on a continuous basis. (i.e. continuous enrolment). 

Admission at HEC Liège sets minimum criteria which have been designed to identify applicants who have sound academic potential and who show creativity, critical thinking, social and moral values, evidence of English language proficiency and strong motivation.

Successful applicants must fulfill the following criteria:

  • Working experience of 10 years.

  • Previous degree: MBA, Master or HEC Liège Executive School EMBA.

  • Behaviour skills and motivation.