Prince Mohammed Bin Salman College of Business and Entrepreneurship (MBSC)
Prince Mohammed Bin Salman College for Business and Entrepreneurship 'MBSC' is a private college dedicated to educating and empowering youth in the fields of business management and entrepreneurship, preparing them for careers in various fields. The college was established in 2017 in partnership with Emaar Economic City, Babson Global, and Lockheed Martin as part of the Economic Offset Program in the Kingdom of Saudi Arabia, in collaboration with the Mohammed Bin Salman Foundation 'MiSK.'
Location of Prince Mohammed Bin Salman College for Business and Entrepreneurship
The college is located in King Abdullah Economic City, in Makkah al-Mukarramah Province of western the Kingdom, approximately one hundred km from Jeddah City.
Objectives of Prince Mohammed Bin Salman College for Business and Entrepreneurship
Prince Mohammed Bin Salman College for Business and Entrepreneurship aims to empower and qualify students in the fields of business management and entrepreneurship, enabling them to create economic and social value after graduation.
Target audience of Prince Mohammed Bin Salman College for Business and Entrepreneurship
The college targets students seeking education focused on leadership and entrepreneurship.
Academic programs at Prince Mohammed Bin Salman College for Business and Entrepreneurship
Prince Mohammed Bin Salman College for Business and Entrepreneurship offers the following academic programs: Executive Master of Business Administration (EMBA), Master of Management (MiM), Master of Finance (MFin), and the Executive Education Program.
Education at Prince Mohammed Bin Salman College for Business and Entrepreneurship
Prince Mohammed Bin Salman College for Business and Entrepreneurship adopts Babson College's approach to entrepreneurship education, which goes beyond classroom lectures to focus on experiential, practical learning. The curriculum includes a range of experiential courses where students are required to apply their knowledge to solve real-world problems or launch new social or business ventures.
Students are guided by advisors, mentors, and faculty members who contribute to their development and education inside and outside the classroom. These customized experiences are designed to integrate with the academic curriculum, supporting and building entrepreneurial leadership skills.
Endowment fund of Prince Mohammed Bin Salman College for Business and Entrepreneurship
In 2017, Prince Mohammed Bin Salman College for Business and Entrepreneurship established an endowment fund with a capital of SAR1 billion. The fund aims to enhance the college’s academic, research, and applied programs and activities while ensuring sustainable funding to achieve its objectives of supporting the labor market with skilled national talent. Additionally, it seeks to strengthen the role of small and medium enterprises (SMEs) and contribute to the economic development of the Kingdom.
The entrepreneurship in Saudi Arabia report at Prince Mohammed Bin Salman College for Business and Entrepreneurship
In 2017, Prince Mohammed Bin Salman College for Business and Entrepreneurship launched a report on entrepreneurship in the Kingdom. The report aims to promote an entrepreneurial culture in line with international best practices. Its contents were reviewed, ideas were exchanged, and priority development paths were identified in the presence of local and international experts, officials, and specialists in the field of entrepreneurship.
The University Innovation Challenge Competition at Prince Mohammed Bin Salman College for Business and Entrepreneurship
Prince Mohammed Bin Salman College for Business and Entrepreneurship organizes the 'University Innovation Challenge for Sustainable Development' competition for final-year university students. The competition is held in partnership with the Ministry of Education, the United Nations Development Programme (UNDP) Office in the Kingdom, and the Babson Global Center for Entrepreneurial Leadership. It brings together students from Saudi universities to foster entrepreneurial thinking among young minds by encouraging them to develop innovative solutions to global challenges. Each student participating in the competition receives a certificate of participation, while those who pass the training camp are awarded certificates confirming their selection for the national final competition.
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