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2020 MBSC
IMPACT REPORT

Creating Sustainable Social & Economic Value

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Impact

Impact

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1) Alumni Impact

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43% of the College graduates are in executive leadership roles (CEO, C-Suite, VP, Directors), and 17% founded their own businesses and are running it on a full-time basis.
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In terms of Organization type, 40% of the College Alumni joined the public sector to contribute to the Kingdom’s development through ministries, governmental programs, government owned companies, and others, while 11% are in Multinational organizations.
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In terms of seniority within the Public Sector, 57% of MBSC Alumni are in strong leadership roles (directorial or above) and play an important role in shaping the sector and the Kingdom.

2) Individual Impact

Alumni & Students' Startups:

Cohort Name Start up Website Number of Employees
FT 2017 Basem Abbas EL AGGAD BUSSTLE http://busstle.com 10
KitchenBase NA None
PT 2018 Adwa Saud Aldakheel Falak Business Hub https://falak.sa/ 17
Nas3a Recruitment http://www.ns3a.com 10
FT 2018 Ahmed Faiz Saharti Attorney www.cslcco.com 3
PT 2017 Sara Abdulrahman Albassam Awtada under development None
PT 2017 Karam Hani Rajab Baytonia baytonia.com 40
FT 2017 Almohanad Ali Almarwai Coffee Lights Ltd https://www.linkedi n.com/company/co ffee-lights/about/ 70
AgriNexus Ltd http://www.agrinex usltd.com 9
PT 2018 Amr Rafat Nassar Criollo Café http://www.criolloc afe.com 50
PT 2017 Razan Adel Alghassab Curly Twirlies https://curlytwirlies. com 2
FT 2017 Shaheen Adley Shaheen Deliver X BoxySA Xventure Saudi (XVS) NA None
BoxySA NA None
Xventure Saudi NA None
PT 2018 Elabid Abdalla Elamin DentalShift http://dentalshift. com Founders Only
FT 2017 Abdulrahman Mohammad Al Saati Destifind http://www.destifind. sa 7 FT & 40 PT
FT 2018 Omar Mohammed Fal AlShangiti Drive 7 http://www.drive7. com 51
FT 2018 Sariah Yahya Aljefri Brainfreeze http://www.brainfre ezeme.com/ 10
FIRNAS AERO http://www.firnas. aero 10
FT 2017 Aaron Johnson Future Work Futurework.sa None
PT 2017 Faisal Sultan AlSultan Gastronomy burgeronomy.com 50
FT 2018 Hebah Zuhair Al Z'ubi Giftology https://giftologys. com 4
FT 2018 Hesham Ali H Gadah Giftology https://giftologys. com 4
FT 2018 Khaled Othman Albloushi Giftology https://giftologys. com 4
FT 2018 Bayan Abduallah Alsairy Giftology https://giftologys. com 4
FT 2018 Nujood Mohammed AlFureih Giftology https://giftologys. com 4
PT 2018 Ahmed Mohammed Mirghani Hectare NA 4
PT 2017 Yasser Abdulrahman Alattas Hekkyahs hekkyahksa.com 2
FT 2018 Hind Ayedh Alotaibi IRONIX Comics Publishing house https://ironixcomix. com None
PT 2017 Diana Mustafa Rayyan Kees Chic http://keeschic.me 50
FT 2017 Khayra Shuckri Bundakji khayrab.com http://khayrab.com None
PT 2018 Basim Oudah Albeladi Labayh & Business Hub http://labayh.net 21
PT 2017 Abdullah Mohammed Asiri Lucidya http://www.lucidya. com 30
PT 2017 Bashir Saad Abdullahi Media Company NA None
PT 2018 Mamdouh Mohammed Alshanqiti Mimari Sol https://www.mimari sol.com None
PT 2017 Wajeeh Jafar Jamjoom Modern Buildings Factory www.mbfactory.net 20
PT 2017 Awsim Hasan Asmi Nitrous - Shipping gateway https://nitrous.online/ 10
PT 2017 Trki Naif Aljabaa Noqoush Not Yet 3 PT
PT 2017 Yusr Hashim Yamani Nushimi www.nashmitimebank.com None
Shorfaa www.shorfaa.com 5
PT 2017 Khalid Abdulkarem Aloraij OHR http://OHR.sa 29
FT 2017 Lamia Omar Alotaibi Qanooni-sa platform http://www.qanooni -sa.com None
PT 2018 Faris Ali Bukhamsin Scientific Saudi http://www.scientific saudi.com 50
PT 2017 Ahmed Salman A Bader SihaTech http://www.sihatech. com 10
PT 2017 Mohammad Waleed Albuali Telaa http://www.telaaco. com 10
PT 2017 Sami Jabir Alsolamy The Clinicians http://theclinicians.com/ None
PT 2017 Anas Abdullatif Hemaid Unique Components Company https://teloworldz.com 6 FT & PT 20
FT 2019 Ahmed Wazir Husain VAST Marketing www.vast.sa None
Total: 45 Total: 673

Student Achievements:

We are delighted that 40% of our graduates have joined the public sector and are proud that our students have shone across the board. Dr Maha Alsenan, who graduated from our MBA program 2019 Part Time cohort, was chosen to be a member of the Saudi Shura Council (the formal advisory board of the Kingdom – مجلس الشورى ) Dr. Maha’s Profile.
تجربة كلية الأمير محمد بن سلمان لريادة وإدارة الأعمال تجربة متكاملة وثرية خلقت في ذاكرتي صور وتجارب غيرت فيني وسوف تستمر راسخة لسنوات طويلة

Executive Education:

90%

of overall participants believed that MBSC’s Executive Education Open-Enrolment programs have improved their knowledge, skills and, on an overall basis, allowed them to achieve their learning goals & the program’s objective, and of the Executive Education’s Online Digital Transformation Program participants believed that they became more effective executives after the program.

88%

were able to use what they’ve learned and apply it to their organization

94%

of participants responded that the program had high impact on them and their organization

100%

of participants believed that the program resulted in a breakthrough change in their personal or professional life

“The analytics simulation was an eye opening for me and I am in the process of adapting something similar at the organization.”

2020 - Digital Transformation Program

95% of the Saudi Railway Company employees would consider taking another Customized Executive Education program and would recommend the program to their circle.

“I found the Program very interesting and challenging. It pushed me further towards my career profession objectives. The program was thoughtfully structured and provided real-life examples. The instructors made sure it was engaging and collaborative. It has been a truly invaluable experience for me.”

Eng. Mohammed Bawazeer - Track Maintenance Manager- Saudi Railway Company – 2019-2020

3) Organizational Impact

Career Office:

Out of 92 employers surveyed, the rate of the Graduates proficiency rated with 4.5/5. The employers notably recognize MBSC’s graduates for teamwork, leadership, communication, problem-solving, adaptability, and time management.

Faculty and Research:

STUDENTS' RESEARCH

Two of MBSC Executive MBA student teams were advised by Prof. Muhammad Roomi under the Entrepreneurial Mindset course to publish their case work in the 2nd issue of the Case Focus Journal, which is an outlet for high-quality, peer reviewed teaching cases, with a focus on management and business situations in the Middle East and Africa (MEA) region:

 

1. Charmaleena: Succeeding Against All Odds

Muhammad Azam Roomi, Aisha Banaja, Dana Indarkiri and Sahar Badiab

This case study is about Leena El-Khereiji, a Saudi designer and co-owner at Charmaleena Fine Jewellery; which was founded by Leena and her sister Hala in April 2012. Charmaleena is a jewellery brand based in Jeddah (Saudi Arabia) with exquisite pieces and designs.

 

2. FalconViz: Financing and Scale-up Challenges and Strategies in Saudi Arabia

Muhammad Azam Roomi, Sarah Barhamain, Jamal Alostaz and Samer Kherfan

The FalconViz case study conveys the story of a state of the art technology born in the Kingdom of Saudi Arabia, using the laboratories of King Abdullah University of Science and Technology (KAUST). The case is rare, being one of the few early stories of sophisticated technology start-ups from the Middle East, and particularly Saudi Arabia.

The recently held Employer (2020) Survey provides detailed assessments of the functioning of our alumni as entrepreneurs and leaders and their acquired knowledge, skills, and competencies.

INVITED GUEST SPEAKERS & CURRENT SPECIAL APPOINTMENTS:

Dr. Yasser Bhati – Associate Professor of Strategy and Innovation

Guest speaker at The University of Oxford on “Innovating Great Strategies”, for the Diploma in Financial Strategy, Said Business School Executive Education, 29 January 2021.

Prof. Haya Aldajani - Professor of Entrepreneurship Steering Group Member, Women’s Enterprise and Policy Group (WEPG)

MIT Start Smart Conference and Enterprise Forum, KSA (March 2020) – “35 Million Opportunities: Saudi Arabia’s Entrepreneurial Ecosystem”.

Prof. Joris Van de Klundert - Professor of Operations Management

Invited workshops “Building the capacity of hospital managers in the Eastern Mediterranean Region” and “Lessons Learned from hospitals combatting COVID-19 across the EMR” together with the WHO EMR Office, 2021 AUPHA Annual Conference (Virtual/Tampa, Florida, USA)

Dr. Farzad Khan

October 2020 – present. Partner Advisor to Saudi PIF Centre for Governance (Riyadh, Saudi Arabia)

JOURNAL ARTICLES:

  • de Vries, H., van de Klundert, J. and Wagelmans, A., 2021. Toward Elimination of Infectious Diseases with Mobile Screening Teams: HAT in the DRC. Production and Operations Management.
  • Althalathini, D., Al-Dajani, H. and Apostolopoulos, N., 2021. The Impact of Islamic Feminism in Empowering Women’s Entrepreneurship in Conflict Zones: Evidence from Afghanistan, Iraq and Palestine. Journal of Business Ethics, pp.1-17.
  • de Vries, H., van de Klundert, J. and Wagelmans, A.P., 2020. The roadside healthcare facility location problem a managerial network design challenge. Production and Operations Management, 29(5), pp.1165-1187.
  • Khan, F.R. and Naguib, R., 2019. Epistemic healing: A critical ethical response to epistemic violence in business ethics. Journal of Business Ethics, 156(1), pp.89-104.
  • Al-Dajani, H, et al. (2021b, September 1). Promoting Economic and Social Inclusion of Migrant Workers. T20Italy.

4) Societal Impact

CASE CENTER:

The MBSC Case Center was created in 2019 to transform the theory, practice, and pedagogy of business education in Saudi Arabia. It was launched to the public in January of 2021 as the 1st center of its kind in Saudi Arabia and the largest in the region, to position itself as a pivotal hub for business and entrepreneurship knowledge creation and dissemination.
Till date, the MBSC Case Center has created over 100 case studies about the business challenges faced by local enterprises in the Saudi and regional markets, with a focus on 20 different industries and domains, which presents a comprehensive overview of the business world.
In a short period of time, the Case Center attracted significant attention from individual customers, academia, media, and the business world. One of the Center’s most prominent cases, “Sustainability in Saudi: Can Ethical Label Sadeem Dominate Arab Fashion?”, was voted amongst the best 10 cases in the prestigious Oikos Case Writing competition in 2020.
To further advance its role as a knowledge hub, the Center launched the “In Conversation with Leaders” series, which hosts reputable business personalities from Saudi Arabia to share their wisdom and insights with the MBSC audience. In the future, the Case Center aims to further augment this role by hosting the regions 1st independent Case Competition.

DEGREE PROGRAMS:

In terms of contribution to the society and economy and in alignment with Saudi Vision 2030 (transformation program of which one aspect is aimed towards increasing the contribution of Small and Medium-size Enterprises (SMEs) to the Economy), our MBA graduates have founded 45 registered companies, individually or in teams, many of which were developed during the Signature Learning Experience as part of MBSC’s MBA program. These companies created a total of 673 jobs in different fields. Hence, the Entrepreneurial Mindset practiced at MBSC’s has contributed to Vision 2030 realizations as intended (See table 1#)

ENTREPRENEURSHIP ECOSYSTEM:

MBSC is an active player in the entrepreneurship ecosystem in Saudi Arabia. During 2019/20 academic year, the college hosted or participated in more than 10 entrepreneurial events. Just a few of the College’s contributions to the entrepreneurship ecosystem include hosting the 2019 Entrepreneurship World Cup in partnership with Misk Foundation on our campus, and also providing our faculty and expertise as judges, mentors, and workshop presenters to the 2020 MIT Entrepreneurship Forum KSA Competition.
MBSC also provided the public with the opportunity to participate in MBSC’s 1st Incubation Program: Ata’a Social Entrepreneurship Incubation Program, which was made possible with the generous support of the King Khalid Foundation. Moreover, MBSC has supported its students to organize and participate in the 2021 Babson Collaborative Global Students Challenge. The team from MBSC and the only team from the Kingdom represented globally, Bikeway, won second place in the global competition in a challenge that included teams representing educational institutions from different countries.
MBSC is an integral part of researching, drafting, and publishing the Saudi Arabia Global Entrepreneurship Monitor Report on an annual basis, which is a part of a large international consortium of research institutes that studies the status of entrepreneurship in local economies around the world. The GEM KSA Report is released annually through the GEM KSA Forum, where we host select experts, industry leaders, and entrepreneurs to discuss the report’s most recent findings. This is proudly done in collaboration with our public and private partners, such as the Saudi SMEs Authority (Monsha’at), the World Bank, BGCEL, and many others.
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