Business Administration
The program of Business Administration train proffessionals with scientific, technological, environmental and humanistic knowledge, able to develop applied research that allows students to face challenges, with ethical attitude, critical spirit, persistent, with social responsability and multicultural, that allow the students to set up solutions to the multidisciplinary problems that organizations of public and private sector in aglobal context.
* Undergraduate tuition/fees:
The Constitution of the Republic of Ecuador in its Article 356, among other principles, establishes that third-level public higher education will be tuition/fees free. Zero cost education is linked to the academic responsibility of the students.
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Our eligibility application has been accepted by ACBSP, and we are currently in the candidate process for our proposed program.
For more information about the ACBSP accreditation standards, visit: https://acbsp.org/
Contact Cristina Yoong Párraga, cryoong@espol.edu.ec, for more information.
Must be observant, thoughtful, analytic, with critical thinking, persistant, with a great abstraction capacity and must have basic knowledge of social sciences and mathematics. Must be willing to work underpressure and integrate interdisciplinary and colaborative groups.
EDUCATIONAL OBJECTIVES
- Perform the decision making process of any organization with ethics and responsability through the proposal of ideas in areas such as operations, finance, business management, with the application of technological tools and cuantitative and cualitative analysis.
- Create divisions of companies to generate employment for the socio economical and sustainable development of the country, through the use of efficient methodologies to produce goods and services.
- Acquire scientific and technical knowledge through the involvement in graduate programmes acoording to the needs and trends of the field.
STUDENT OUTCOMES
- Design strategies and solutions through the analysis of tools that allow organizations to achieve their mission with social responsability.
- Evaluate the financial situation of any organization through the use of cualitative and cuantitative tools to make decisions using the resources in an efficient way.
- Evaluate the macroeconomic environment of any organization through analiytical tools to make strategic and appropiate decisions.
- Evaluate the processes that integrate the value chain through the use of optimization models to manage efficiently the resources of any organization.
First Year
Description:
It is a core course for Engineering, Natural Sciences, Exact Sciences, and Social Sciences and Humanities, students. Topics, such as, topological notions, limits and continuity of real variable functions, derivatives and their applications, antiderivatives and integration techniques, and the definite integral with its applications, are examined. This course is aimed to the development of student’s skills and know-how in the derivation and integration processes, as a fundamental basis for the following upper level courses in its academic training process
Description:
In this course, students apply the Design Thinking methodology to identify, analyze real-life problems or needs, to design innovative solutions. Students work in multidisciplinary teams to present solution proposals that add value to customers/users from private companies, public organizations and non-profit organizations.
Description:
This course develops knowledge related to accounting, measuring their effects on the financial statements in order to make business decisions. nitially, the antecedents and fundamentals that support accounting are studied under the regulatory framework. Subsequently, the accounting process is carried out including transaction taxes, legal labor obligations, so that the information obtained is the basis for the preparation of the financial statements of a company. Finally, the impact of: inventory and property, plant and equipment, on business results is evaluated.
Description:
This entry-level vocational training course helps students to understand and distinguish the differences between the occupational profiles of an administrator, an auditor, and an economist. For this purpose, professional guests speakers are invited to share their academic and work experiences, as well as, to interact with the students to clear up their doubts and clarify their concerns. These talks are complemented with assignments, class workshops and research that contribute to a better understanding of the professional field of careers.
Description:
This basic and general education subject presents grammatical structures to produce a simple paragraph based on a writing program. Additionally, it allows the identification of a specific argument in oral and written communication. It also considers learners’ personal opinions about different topics related to social, academic, and professional aspects. It includes the necessary vocabulary to make comparisons between present and past, books or movies description, creation of simple students’ profile, opinions about inventions, formal apologies and tell past events.
Description:
This initial level course studies the decision-making process of economic agents in conditions of scarcity. It also studies the market processes and fluctuations in economic activity. Topics on microeconomics related to goods, market and prices are addressed. Macroeconomic topics such as the analysis of macroeconomic indicators and national income are also analyzed. Finally, the course concludes with a synthesis of the main problems of the economy.
Description:
It is studied the price formation system under competitive, non-competitive market structures, and with strategic behavior among companies. The fundamentals of supply and demand are set, and basic estimation techniques are presented for applied analysis. In the second part, the decisions of companies when their activities are developed in competitive markets are studied. The effects of state interventions on the level of prices and production in a particular industry are analyzed. In the third section, the causes and consequences of market power and its impact on the well-being of the economy are studied. In the last section, the various price discrimination techniques that companies have in order to maximize their profits are studied.
Description:
This course is introductory and is aimed at third-level students in initial training within their undergraduate career.The units of the course emphasize the importance of administration at all management levels of an organization, provide for a general analysis of the administrative process with a cyclical approach and specific analysis of planning, organization, direction and control functions within this process. Ethical aspects, corporate social responsibility and the environment in which organizations operate are also considered to support managerial decision-making.
Description:
Calculus of several variables is a transversal course aimed at the basic training of professionals in the areas of Humanistic and Social Sciences that require developing problem-solving and problem-solving skills in the n-dimensional context. For this purpose, the course consists of 4 general topics: three-dimensional analytical geometry and functions of several variables, differential calculus of scalar fields, optimization of scalar functions of several variables, and multiple integration; being the main applications of this course: the optimization of functions of several variables applied to practical problems, the calculation of areas, volumes and work, using objects of the plane and space.
Description:
This initial level course studies the main macroeconomic variables, such as the Gross Domestic Product, employment, inflation, interest rates and exchange rates. It provides the basic tools to examine different data sources of these variables and their interaction between the short and long run. Special attention is paid to the IS-LM Model and Mundell-Fleming Model, in order to apply the theory to the analysis of contemporary macroeconomic problems. In addition, the labor market, unemployment and inflation are analyzed. Finally, exchange rates, the macroeconomics of an open economy and some of its pathologies are studied.
Description:
This course studies the variation of the money value over time, applying the capitalization financial laws and discount at simple and compound interestrates, which allows to find the equivalences between equity and analysis of cash flows, to evaluate saving alternatives, investments and credit to help in the decisionmaking process of personal financial decisions. Financial evaluation techniques such as present value, future value, annual value, and return rates will be applied, as well as the Cost/Benefit ratio for social projects. Being one of the introductory finance courses taught at ESPOL, it is aimed for students in the initial levels.
Description:
This subject of basic formation and general education presents the grammatical structures for the production of an academic paragraph, through the development of the writing program in a transversal way. In addition, it allows the identification of specific arguments in oral and written communication, considering the production of one's own criteria on different topics of a social, academic or professional nature. The necessary vocabulary is also applied to refer to the different forms of communication, share work experiences and the use of digitl technology, tell short stories about interpersoanl relationship and personalities, and comment on the future of the environment.
Second Year
Description:
The course presents students with strategies to solve common problems in various professional fields through the design and implementation of solutions based on the use of a programming language. It covers the basic principles so that the student can read and write programs; emphasizing the design and analysis of algorithms. In addition, it introduces students to the use of development and debugging tools.
Description:
This professional training course studies the motivation of people in the organizational environment, effective work teams, and the influence of culture on individual behavior. Moreover, this course analyzes effective organizational leadership skills by contrasting the behavior of individuals in work situations with discussions of organizational theories and models for the solution of real work conflicts and the design and reforms of organizational culture and strategies.
Description:
In this subject, we study the development of the academic prosumer profile of the students, which should be consolidated throughout each individual's life, based on the processing of complex, holistic, and critical thinking. We aim to foster understanding and the production of academic knowledge through rigorous analysis of realities and readings from various academic/scientific sources.
Description:
The Statistics I course allows students to improve their ability to analyze, synthesize and solve problems, by studying the statistical foundations for obtaining information from a set of data, starting from their information gathering, procedure, analysis and interpretation of the data obtained. Also, the concept of probability will be studied as a measure of uncertainty, mathematical models of discrete and continuous random variables will be analyzed univariate and multivariate, to finally consolidate the bases of inferential statistics
Description:
This subject of basic instruction and general education presents grammatical topics for the elaboration of an outline and a structured composition, through the development of the writing program in a transversal way. In addition, it allows the identification of arguments in oral and written communication on contemporary and academic topics. Additionally, appropriate vocabulary is applied to discuss issues related to different cultures, places where we live, everyday news, entertainment media, and past and future opportunities.
Description:
The Human Resource Management subject is taught at the undergraduate level. Its purpose is to address the basic principles and techniques of human resource management. The subject has a practical approach that integrates the contributions of the behavioral sciences with the technical aspects of the implementation of the human resources function in the contemporary world.
Description:
This course of intermediate level for professional training, introduce to the financial scope. Approach topics of the analysis of financial statements and financial ratios. In addition, there are sections dedicated to study financial planning, leverage analysis, capital structure and some ways to manage liquidity of the company. Finally, analyses the methods of company valuation by cash flow discount.
Description:
This professional training course encloses the study of conceptual basis of production costs and their control for application on traditional and current cost systems, highlighting differences and similarities. In addition, concepts on the relation of cost, volume, and profit, methods of accounting records for scrap, defectives and spoilage goods are introduced. Finally, the necessary procedures to establish a standard costing system are detailed.
Description:
Marketing Fundamentals is a mid-level subject of the Business Administration career, to which the student arrives with the ability to understand the consumer from a microeconomic perspective, thus also knowing the forces of the environment that influence their consumption decisions. Therefore, to complement the existing knowledge of the students, this course focuses on the consumer's bond with the company, from a relational perspective. For which, the process for the generation of value is studied, for the consumer and for the company, through actions and strategies of product, price, place, and promotion. The focus of the subject is theoretical-practical, with emphasis on the analysis of local business problems through the use of cases and market data.
Description:
Statistics II is a transversal subject of basic training for engineering and bachelor's degree students, it addresses the knowledge necessary to make inferences of a population through a sample by point estimations, intervals or hypothesis tests, so that the student will be able to solve complex situations through comparisons or establishing relationships between variables in a sample, thus facilitating the decision-making process from a statistical point of view.
Description:
This subject of basic formation and general education, presents the grammar structures to produce a persuasive essay, through the transversal development of the writing programme. In addition, it allows students to identify specific arguments in the oral and written communication, as well as, to express their own opinions about different topics of social, academic, or professional fields. It also includes the necessary vocabulary to stablish a conversation, narrate situations of their environment, activities to reach their goals, analyze cause and effect and personal and professional opportunities.
Description:
This course introduces students to the impacts of the individuals-society interrelationship through the perspective of social theory. The course explores the economic, social, and political transformations from which emerge the theorization of sociology. It includes the classical theories of Durkheim, Marx, and Weber, pillars of modern sociology. The course also reviews the sociological contributions of Foucault, and Giddens, among other modern sociologists, to analyze structures such as society, the state, and globalization. The emphasis of this course is on developing students’ ability to theorize the world around them: culture, identities, and inequalities. Through the application of the sociological research methodology, students will integrate a social research project into practice.
Third Year
Description:
This transversal course addresses the conditions required to innovate and the process associated with developing an innovation from an entrepreneurial point of view. Subsequently, topics such as the identification of opportunities, value creation, and prototyping and validation of products/services proposals are reviewed, as well as the elements of the business toghether with tools for the evaluation of a budget/financial management plan and the interpretation of financial data. Considerations that are essential for the feasibility and adoption of an innovation. Finally, entrepreneurial competences and process associated with the development and adoption of an innovation are studied.
Description:
The professional training course is aimed at undergraduate engineering students, developing the concepts of information systems at organizational, administrative and technological levels. It integrates the technological concepts that the student masters of databases and programming, with the administration and information requirements demanded by the organizations. It is considered as a link between the technical part of any organization and senior management. It covers the following aspects: introduction to information systems, information technology, information systems administration, electronic commerce and e-business, enterprise information systems, and information systems security.
Description:
This course is aimed at students of level 300 with the purpose of developing competencies in operations management of manufacturing and service companies. In its contents, linear programming models are developed for decision-making, management of quality management, and quality control. Basic aspects for decision-making, with risk and uncertainty, product and service design, and simulation models applied to inventory management in companies are covered.
Description:
This professional training course, of intermediate level, is targeted at students with previous knowledge of quantitative financial analysis. It covers financial securities valuation and investment portfolio management in local and international contexts, applying risk and return models with a conceptual and practical approach.
Description:
This basic training and general education subject presents the necessary structures for the production of a persuasive essay, through the development of the writing program in a transversal way. It also allows the identification of specific arguments both in oral and written communication, in order to issue students' criteria on social, academic, or professional issues. They also apply the necessary vocabulary to engage in discussions about choices to make, changes in daily life and home, financial problems as well as moral dilemmas and achievements in the course of their personal, student, and professional lives.
Description:
This subject contributes to the professional training of the student by presenting an analysis tool that allows obtaining reliable information from the market for the design of solutions within an organization. Market research is exposed as a systematic and objective process that begins with the definition of the research problem, continues with the formulation of the research design, the data collection, the preparation and analysis of data, to end with the elaboration and presentation of a management report.
Description:
In this course, the student will study corporative and labor regulations in order to enhance their professional practice with policies that controls corporative and public activities. In this class, the students should acquire the ability to resume the norms within audit methodologies, the creation of companies, investment and the responsability belonging to a Chief in office. Furthermore, at the end of this course, the students should acknowledge the rights and obligations own of labor force and the connotation of the continuous reforms in the corporative and public regulation.
Description:
This course is aimed at students of level 300-II within their undergraduate career.The course units comprise the knowledge, techniques and models necessary for the formation of a commercial team, the management of commercial channels, the sales process, the management of customer relations and the analysis of sales results, for the development of business intelligence that facilitates the choice of strategies according to the environment and the market.
Description:
This subject contributes to the professional training of the student by presenting a strategic marketing approach as a methodology for market analysis and knowledge. This course begins with the use of tools to assess the market attractiveness and the industry in a macro and micro level. The application of this knowledge allows to identify the market segments, the target market and the construction of the brand positioning, in order to create and maintain a sustainable competitive advantage. To continue, there are marketing strategies for different market conditions, and considerations for defining the marketing mix. Finally, elements of execution and control of the marketing strategy are studied through the design of a marketing plan, the marketing budget and metrics to evaluate the performance of the strategy.
Description:
This subject of advanced level professional training in the administrative area, is aimed at developing analytical and creative skills in tax processes within the framework of Tax Management in relation to current tax regulations, which are evaluated with different instruments that allow identifying the guidelines of the Tax Administration correctly. Ethical conduct and a progressive and permanent knowledge of the tax laws in Ecuador are promoted. Initially, the general theory of taxation is covered, later the way to settle the Value Added Tax, it continues with the way to settle the Income Tax, to finally culminate with the tax management processes, claims, returns and collection.
Description:
This transversal training course for all students of the institution has five chapters. It introduces the key principles of sustainability and the path to sustainable development. Addresses ecological principles by deepen into biodiversity, ecosystems, human population and ecosystem services. Study the fundamentals of renewable and non-renewable resources as well as the alternatives for sustainable use. Analyzes environmental quality specifically in the air, water and soil components, delving into issues such as climate change, eutrophication and deforestation. Finally, it emphasizes on the economic axis with topics such as circular economy and on the social axis on topics such as governance and urban planning.
Fourth Year
Description:
This course helps students develop basic knowledge about classical foreign trade topics; the prior preparation of the exporter and importer, strategic analysis for the selection of international markets, the new international trade rules, ways to determine the price of a product to export / import, among others. The theories learned in previous courses in macroeconomics, international economics, marketing and financial accounting will be applied to simulate foreign trade operations, in line with trade agreements and international laws. The final product is a group foreign trade project.
Description:
This advanced level professional training subject in the administrative area is aimed at developing basic concepts about company management. Business, corporate, international, restructuring and cooperative strategies are studied for their application in the design and execution of different management strategies, to meet organizational objectives in the changing environments of companies and industries.
Description:
This professional training course is targeted at Administration students at level 400 to enhance their capacity for analysis, planning, and business control. Following a practical approach, it covers financial planning techniques aligned with business objectives, which include sales planning, costs and expenses budgeting, capital budgeting, and forecasted financial statements, as well as management control techniques with a focus on financial value creation.
Description:
This subject is of professional training for students of the Bachelor's degrees in Tourism and Business Administration. The subject introduces the participant systematically and integrally in all aspects of project management, as well as fostering successful behavioral skills to present, lead, and derive benefits from projects. Project management is an interdisciplinary activity that must be aligned with the organizational strategy and therefore identify the different roles, approaches and change management needed to achieve the desired objectives in its implementation.
Description:
This course is taught at level 400 and comprises learning units, ranging from the introduction of logistics concepts for supply chain management to the consideration of the application of information technologies for the management of processes, and quality system for a distribution network, inventory under risk conditions, and infrastructure and transportation policies for a manufacturing and/or services company. Activities such as materials handling, transportation, inventory maintenance, order processing, warehousing, packaging and customer service standards, process quality control, and all associated costs are included.
Description:
In this end-of-career course the student develops a project where evidences the application of the declared profiles in their career, developing processes of creativity, organization and pertinence that gets involve him/her in a experience of professional design. In the first part of the course, it identifies customer/user/public needs, it defines the problem/opportunity, it collects data and it analyses critical factors. In the second part, it creates solution alternatives framed in the regulations and restrictions of each user. It concludes with the design and/or implementation of the feasible solution or with the elaboration of prototypes and, analysis and validation of results.
Description:
This course is aimed at level 400-II students who are completing their undergraduate career.Course units consider the knowledge, techniques and tools needed for sequential analysis of the strategic process, including formulation, implementation, evaluation and control of strategies that project a company towards the achievement of future objectives.
Additional
ARTS, SPORTS AND LANGUAGES ELECTIVE COURSES
1 credits - 1.9 ECTS
HUMANITIES ELECTIVE COURSES
1 credits - 1.9 ECTS
SELECTED ELECTIVE COURSE
3 credits - 5.8 ECTS
SELECTED ELECTIVE COURSE
3 credits - 5.8 ECTS
- Design business strategies and create solutions through the use of analytical tols that allow the organizations to reach their mission, being conscious of the corporate social responsability.
- Evaluate the financial situation of the organizations through cualitative and cuantitative tolos that allow to make decisions using resourcs efficiently.
- Evaluate the microeconomic environment of the organization through analytical economic tolos to make strategic decisions.
- Evaluate processes that integrate the value chain through the use of optimization models to efficiently manage the resources of the organization.
- Evaluate the macroeconomic environment of the organization through analytical economic tolos to make strategic decisions.
Occupational Profile
Graduate profile: At the completion of the degree students are prepared to work in areas such as Marketing, Human Resources, Operations and Finance. Furthermore, will be able to create and manage their own business.
- 7200 hours of study within 54 subjects
- 336 hours of internship
- 400 hours of graduation project
The Capstone Project is a culminating requirement for graduation. These projects provide students with the experience of applying acquired knowledge and skills to the needs of society, with a focus on sustainability.
The IDEAR Fair showcases all Capstone projects, offering students a valuable opportunity to showcase their work and hone soft skills such as communication and teamwork. It is also a space for students to network with potential clients and future employers.
Explore all of the Capstone projects completed by the Bachelor in Business Administration program.