The "Bilkenters," a team of fourth-year students in the Faculty of Business Administration, have won the 2013 KPMG "Ace the Case" business case analysis competition held in İstanbul February 14-15. The Bilkent students, who competed against teams from Boğaziçi, Middle East Technical, Koç, Sabancı and Dokuz Eylül universities, will now be representing Turkey in KPMG's International Case Competition, to be held April 2-5 in Madrid, Spain.
Sponsored by the international professional services firm KPMG, "Ace the Case" is a two-day workshop, targeted primarily at junior- and senior-year students in economics, administrative sciences, or industrial and/or management engineering, as well as master's students in economics or business administration, with a long-term interest in pursuing a career in auditing, tax consulting or similar business consulting services.
Students participating in the competition get the opportunity to collaborate and compete in a business environment where they can benchmark their business skills against other top students and make new friends and network with professionals and leaders.
During this year's event, teams were given an international business scenario and three hours to work together on a business problem in real time. They were coached and guided throughout the day in order to ensure that they were on the right track. Their task was to come up with recommendations and present those recommendations to business leaders, represented by the jury for the competition. Jury members were KPMG Corporate Finance Partner Hande Şenova, Human Resources Director Seden Kundakçıoğlu, Transaction Services Director Ümit Bilirgen and Tax Director Hakan Güzeloğlu.
The Bilkenters were chosen from among the many talented teams participating in the event on the basis of their demonstration of an impressive array of skills as well as effort and teamwork. The team consisted of Alican Gül, Burak Akgül, Caner Şenol and Zeynep Gizem Akkaya.
The Faculty of Business Administration Advisory Board met on Friday, November 23. The Board is tasked with providing input to ensure the continued growth and success of the Bilkent Business School, and helps to see that the school's strategic direction is informed by best practice and reflects the needs of the people and organizations it serves. During the meeting, the expectations of the business world as held by Faculty of Business Administraiton graduates were discussed.
Among the attendees at the meeting were Çiğdem Ertem, General Manager of Intel Turkey; Faruk Eczacıbaşı, Vice Chairman of Eczacıbaşı Holding; Kaan Başaran, Managing Director at Nomura International; Mehmet Şakir Güvendi, Board Member of Türk Telekom; Murad Bayar, Undersecretary for Defense Industries; Necmi Kavuşturan, Human Resources Coordinator of Zorlu Holding and Executive Committee Member of Vestel; and Tuncer Alpata, Chairman of the Board of Directors of Alp Aviation. Bilkent Univeristy Rector Abdullah Atalar and Vice Rector Kürşat Aydoğan were also in attendance.
The Bilkent University Faculty of Business Administration organized a hearty welcome for new participants in the Executive MBA program, with this year's orientation taking place at the coast in Bodrum September 28-30. Arranged in collaboration with the Ankara Sailing Club, the three-day workshop, entitled "Leadership on the Sea and Team Spirit," offered a unique approach to business leadership for the 32 students beginning the program.
Designed as a sailing workshop, the orientation focused on the concept of team spirit using the medium of maritime language and culture. Participants had the experience of "being a team" by sharing responsibilities within a group. The workshop sessions provided them with an excellent opportunity to examine their time and risk management skills and leadership abilities. Even the weather cooperated: favorable temperatures and wind conditions allowed the workshop to proceed as planned. The entire experience enabled the new Executive MBA students to start off their program with high motivation.
Bilkent's Executive MBA program is currently in its fifth academic year. The 32 members of the incoming class have an average business experience of 12 years. Up to this point, 101 students have graduated from the program, which is designed to assist participants in advancing their careers, in particular by honing the leadership skills and qualities necessary at the senior management level.
Fordham University's Graduate School of Business offers an MS in Global Finance (MSGF) to Bilkent students and alumni who are attending or have successfully completed the MBA or the Master in Finance degree. It allows students who have studied the master degrees at Bilkent to transfer up to 12 credits from the MBA towards the Fordham MSGF degree. Six additional courses are required to obtain the Fordham MSGF degree. Of those six courses, 1 will be delivered at Turkey at Bilkent and 5 will be taught at New York at Fordham.
The courses to be offered at Turkey will start prior to the study in New York. The courses in NY will take place in July/August, 6 weeks in all. They will be following a one-course-per-week agenda. Some company visits and social events will be integrated into the 6 weeks.
This summer for the first time, three of our MBA students, Serra, Gizem and Tolgahan went to Fordham's School of Business Administration in New York, to participate in the program which will last for six weeks.
The THE 100 Under 50 complements the annual THE World University Rankings, which are published in the autumn. The THE 100 Under 50 lists the world’s best 100 universities under the age of 50 years.
Phil Baty, the editor of Times Higher Education Rankings, said: "The innovative Times Higher Education 100 Under 50 is not about the old institutions that dominate the traditional rankings: it is about a new breed of global universities – those that have managed to join the world’s top table in just decades rather than centuries, and others showing great promise for the future."
For the full list of Times Higher Education 100 Under 50:
Bilkent is also the top rated Turkish University in the entire THE World University Rankings list published last autumn.
The annual Parents Day of the Faculty of Business Administration, which brought together parents and faculty members, was held on the 1th of June, 2012 in two parallel sessions. One was designed for parents of the Preparatory and 1st grade students and the other one was for 3rd and 4th grade students. The event ended with a cocktail set up for the parents and faculty.
Last year Bilkent co-hosted joint activities on business and economic topics with students and faculty from The King’s College. This year TKC and Bilkent made “The Second Annual International Business Conference” come true. Several workshops were prepared and a number of presentations were shown by the students. The theme of 2012 was the future of US and Turkey Relations. Both students from TKC and Bilkent discussed about the issues and solutions on several subtopics such as branding, population and marketing trends, Euro crisis, judicial reforms for business and so on. This organization wided the students visions and helped them thinking internationally. Our hope is to grow these activities into a distinguished annual conference.
The students of Bilkent University, namely Onur Osmanoglu, Hazal Yuksel, and Ozge Tezcan won "Brandstrom National Final" which is organized by L'Oréal and regarded as one of the venerable worldwide marketing competition, among 4 strong components from METU, Bogazici University, and two groups from Koc University. Our students will compete in the International Final, which the winners of the national finals of 45 countries will be in the contest.
L'Oréal Brandstorm is a competition that appeals to successful students who would like to have a career in marketing field. The jury, which is composed of the high level managers in L'Oréal Turkey, and repected members of the mentioned universities have chosen the group "Product Placement", the team which is representing Bilkent University in the National Final, which was held on May 11, 2012.
FBA family has lost the founding chair, former Vice Rector, and beloved colleague Prof. Ümit Berkman on December 23, Friday. Ümit Hoca will be greatly missed by everyone at Bilkent. We would like to express our profound condolences to his family, friends, and students. His valuable contributions to the FBA as a faculty, an administrator, and a mentor will always be remembered by Bilkent community.
We are proud to inform you that Faculty of Business Administration has achieved re-accreditation from AACSB. The five-year accreditation from AACSB is granted only to the very best business schools and we are extremely pleased with this re-accreditation.
Faculty of Business Administration has maintained its business accreditation by AACSB International-The Association to Advance Collegiate Schools of Business. Founded in 1916, AACSB International is the longest serving global accrediting body for business schools.
Only 607 schools of business, or less than 5% worldwide, have earned this distinguished hallmark of excellence in management education. Being the only AACSB-accredited business school in Turkey, FBA students continue to enjoy the privileges of obtaining a degree from a school accredited by the most prestigious accreditation-rewarding association.
Yet another teaching award for one of our esteemed faculty members. Congratulations, Örsan Örge !
This year's Bilkent Biannual Seminar on Consumption, Markets, and Culture welcomed 36 participants from all over the world, including countries such as Austria, Belgium, Finland, France, Germany, UK, Mexico, USA and Canada.This has been the 4th time that our marketing group successfully organized and ran this international research seminar for doctoral students and junior faculty members. Now there is an established alumni network of the "Bilkent CMC seminar graduates" that would serve as a support group and a platform for research discussions and knowledge sharing ( http://www.facebook.com/home.php?sk=group_100927966335).
127 Undergraduate, 33 Master and 21 Executive-MBA Business School students became alumni and headed for the real world.
MBA STUDENT EARNS 3RD HIGHEST SCORE IN THE WORLD ON BLOOMBERG APTITUDE TEST
"Thanks to supports of my professors and colleagues, I managed to improve myself a lot and such a success once dreamed of was realized. I firmly believe that BAT was a great way to assess my capabilities and see my position throughout the world. Now with another valuable, globally accepted reference in my hand; I hope I can keep up the good work to live up to expectations of all Bilkent alumni."
Bloomberg Institute launched the Bloomberg Aptitude Test (BAT) in 2011, a standardized online test that connects university students and graduates with employers in the business world. The BAT takes 2 hours and covers a wide range of topics such as business, finance and economics and skills such as analytical reasoning. It is designed to help students showcase their strength and abilities to potential employers by publishing their test results and resumes online. The Bloomberg Institute offers an option for student CVs to be included in the Bloomberg Talent Search as well as share their results on social media platforms like Facebook, Twitter and LinkedIn. Each student who takes the BAT is anonymously entered into the BAT Talent Search Database, which allows employers all over the world to contact you for internship and entry-level positions based solely on your test performance. The Talent Search Database offers exposure to over 20,000 international companies, top investment banks, hedge funds, and private equity firms including Fortune 500 companies.
Bilkent is one of the universities that launches Bloomberg Aptitude Test (BAT) on campus. Since 2012, undergraduate, MBA and MS students of Faculty of Business Administration from different backgrounds have been taking this test to prove their management knowledge. This year, Bilkent MBA education has reveaked its success thanks to Onur Şirikçi, our second year MBA student. Among class of 2014, Onur earned 3rd highest score in the World and Europe, placing him in the Bloomberg Hall of Fame for October's test. He gained a score of 690 over 800 where the highest achieved score is 760. Onur graduated from Middle East Technical University in 2009 with a bachelor's degree in Industrial Engineering and a minor degree in Economics. He works for T.Halk Bankası as a Credits Specialist for more than three years. After graduation from MBA, he plans to embark on a career in asset management, investment banking or consulting.
Prof. Dr. Orhan Karacadağ Awards for Scientific Achievement have been established in March 2007 through a generous donation from Türkan Karacadağ and Şükran Karacadağ, loving sisters of Prof. Orhan Karacadağ, in his memory. Dr. Çömez Dolgan and Dr. Tanyeri received the award for their publications in the past two years that have appeared, respectively, in Production and Operations Management, and Manufacturing & Service Operations Management journals and in Journal of Corporate Finance and Journal of Financial & Quantitative Analysis.
In April 2014, Burak Memis and Gokhan Tufan were the only Turkish
students to be listed in the Bloomberg Hall of Fame onto Europe's Top Five list.
The BAT is a standardized, two-hour online test designed by the
Bloomberg Institute in collaboration with leading academics and
business professionals to assess the finance knowledge and career
aptitude of college and university students. Over 100,000 students
have taken the BAT from over 1,000 universities around the world.
This year's Google Ambassador (GSA) program in Europe brought together 57 students from 26 countries and 54 universities. Akif Karaismailoğlu (Management/III) was one of them, serving as Bilkent's Google Student Ambassador during 2013-2014.
Google Student Ambassadors have the unique opportunity to act as a direct link between Google and the students
on their campuses, for whom they can hold workshops, training sessions and events exploring Google's core products, programs and initiatives. At the end of their year of service, the most active ambassadors are awarded a
trip to Google's San Francisco office.
Among the GSAs to receive this recognition was Akif, who was selected as the top Google Student Ambassador of the year in Europe. Google flew him to Mountain View, Silicon Valley, in the US at the end of July to host him as the only non-American participant at this year's GSA summit.
"It was an amazing experience for me to work for my childhood's dream company, even though it was for only a year," Akif commented in regard to his ambassadorship.
"After I was selected as a GSA last year, we worked hard and organized 14 events with more than a thousand attendees, thanks to my wonderful friends from the Google Student Events team on our campus. I have learned that sometimes even when it seems hardest to succeed, all you need to do is devote yourself to your work, and as you pursue excellence, success will follow."
The Bilkent University Faculty of Business Administration organized a hearty welcome for new participants in the Executive MBA program, with this year's orientation taking place at the coast in Bodrum September 18-21, 2014. Arranged in collaboration with the Ankara Sailing Club, the three-day workshop, entitled "Leadership on the Sea and Team Spirit," offered a unique approach to business leadership for the 36 students beginning the program.
Designed as a sailing workshop, the orientation focused on the concept of team spirit using the medium of maritime language and culture. Participants had the experience of "being a team" by sharing responsibilities within a group. The workshop sessions provided them with an excellent opportunity to examine their time management skills and leadership abilities. Windy and harsh weather conditions during the workshop enabled the participants to test their risk taking skills and coping with crisis as a team. The sailing competition on the last day of the workshop revealed that new Executive MBA students are very competitive and eager to face the challenges ahead in their organizations. We would like to send our Congrulations to the winning teams Jaws and their captain Hasan Basri Aslan, Vikingler and their captain Zafer Günel, Ocean's 7 and their captain Adnan Özaslan.
Bilkent's Executive MBA program is currently in its sixth academic year. The 39 members of the incoming class have an average business experience of 12 years. Up to this point, 133 students have graduated from the program, which is designed to assist participants in advancing their careers, in particular by honing strategic perspective, leadership skills and qualities necessary at the senior management level.
The Faculty of Business Administration held a strategic development meeting and retreat on October 11-12 in Abant. The Meeting, which all FBA faculty members participated in, was facilitated by Bengi Korkmaz, an FBA alumna and a partner at McKinsey Company. During the retreat, various trends in global business education were discussed. The faculty also worked on developing a ten-year strategic plan.
On October 24, The Faculty of Business Administration welcomed Capital Markets Board of Turkey (SPK) Chairman Dr. Vahdettin Ertaş in Executive MBA Class of 2016. In Dr. Banu Sultanoğlu's "Foundations of Quantitative Methods and Financial Reporting" class Dr. Ertaş talked about Turkish economy as well as the developments of financial reporting system in Turkey. In the first part of his speech, he assessed the current and future structure of Turkish economy and capital markets. In the second part, he discussed the financial reporting system of Turkish public and private companies. Following his speech Dr. Ertaş responded to numerous questions from the EMBA participants.
Dr. Vahdettin Ertaş is the Chairman of the Capital Markets Board of Turkey (CMB). He also serves as the Chairman of the Board of Directors of the Investor Compensation Centre and the COMCEC Capital Markets Regulatory Forum. Most recently, he was appointed as a member of the Supervisory Board of Child and Youth Finance International. He graduated from the Ankara University Faculty of Political Sciences in 1987 with a degree in Management. He holds a Master's degree from both Hacettepe University and the Lancaster University. He received his PhD in Management from Hacettepe University in 2012.
The Faculty of Business Administration Advisory Board met on Friday, January 16, 2015 at Bilkent Hotel.
The Board is tasked with providing input to ensure the continued growth and success of the Bilkent Business School, and helps to see that the school’s strategic direction is informed by best practice and reflects the needs of the people and organizations it serves.
Dean Erdal Erel presented the strategic plan of FBA to the audience.
Among the attendees at the meeting were Erdem Başçı, Governer of Central Bank of the Republic of Turkey; Vahdettin Ertaş, chairman of Capital Markets Board of Turkey; Faruk Eczacıbaşı, vice chairman of Eczacıbaşı Holding ; Sani Şener, president and group CEO of TAV ; Selçuk Yaşar, president and CEO of Roketsan; Elif Çapçı, General Manager and CEO of Beymen ; Kaan Başaran, Managing Director and Senior Country Representative at Nomura Bank; Çiğdem Ertem, META regional director of Intel ; Murad Bayar, Head Advisor at Prime Ministry’s Office ; Mehmet Şakir Güvendi , Chief Strategy and Synergy Officer at Oger Telecom; Numan Numanbayraktaroğlu, founding partner of 212 VC.; Abdullah Orkun Kaya, Chairman of the Board of TÜYİD; Tuncer Alpata, Chairman of the Board of Directors of Alp Aviation. Bilkent Rector Abdullah Atalar, Provost Adnan Akay and Vice Rector Kürşat Aydoğan were also in attendance.
Bilkent Faculty of Business Administration organized an alumni reunion on April 13th in Istanbul. Hosted by Garanti Bankası, the event was attended by more than 100 Bilkent FBA alumni. The main attraction of the meetup was a panel discussion on the digitilazation strategies in the contemporary business landscape. Moderated by FBA faculty member Levent Akdeniz, the panel consisted of a line of high profile speakers: Fuat Erbil (FBA alum and General Manager of Garanti Bankası), Faruk Eczacıbaşı (FBA advisory board member and the President of Turkish Informatics Foundation), Gökhan Öğüt (Vodafone Turkey CEO), Derya Matraş (Facebook Turkey Country Director) and Bülent Hiçsönmez (Google Turkey Country Director). During the panel, the speakers engaged in a vibrant discussion on how digitilization changed business models, where Turkish businesses stand on this front and future trends. This event represents one of many initiatives by Bilkent FBA to strenghten bonds with its alumni and increase its presence in İstanbul.
The Faculty of Business Administration (FBA) has successfully completed the Continuous Improvement Review process and received a renewal of its accreditation from AACSB International, the Association to Advance Collegiate Schools of Business. Founded in 1916, AACSB International is the longest serving global accrediting body for schools offering undergraduate, master's and doctoral degrees in business.
Currently, only 755 schools of business, or less than five percent worldwide, have earned AACSB accreditation. To renew accreditation, a business program is required to undergo a rigorous internal review every five years, at which time the program must demonstrate its continued commitment to 15 quality standards, as well as to continuous improvement and achievement of learning goals in degree programs.
Bilkent FBA had received its initial accreditation in 2006 and became the first accredited business school not only in Turkey, but in the entire region. In February 2016, a peer review team visited Bilkent FBA for its second round of accreditation renewal . After reviewing the school's five programs, the team recommended extension of accreditation for the next five years without any reservations. They commended the following strengths, unique features and effective practices of FBA: the process of continuous improvement and establishment as a national brand; the engagement with the society and business community; and the reputation of FBA from the perspectives of students, alumni and employers.
The Bilkent University Faculty of Business Administration organized a welcome for new Executive MBA class, with this year's orientation taking place at the coast in Orhaniye,Marmaris at the end of September. Arranged in collaboration with the Ankara Sailing Club, the three-day workshop, entitled "Leadership on the Sea and Team Spirit," offered a unique approach to business leadership for the 25 students beginning the program.
EMBA 2014 class participants received their certificates for Competitive Strategy Program at University of Michigan Ross School of Business