University of Business and Technology (UBT) Company Profile

Background

The University of Business and Technology (UBT) is a private higher education institution located in Jeddah, Saudi Arabia. Established in 2000 as the Institute of Business Administration (IBA), it evolved into the College of Business Administration (CBA) in 2003 and attained university status in 2012. UBT's mission is to contribute to society by offering high-quality, market-driven undergraduate and graduate programs, preparing competent professionals, future leaders, and entrepreneurs. The university emphasizes applied research with tangible impacts on the economy and community.

Key Strategic Focus

UBT's strategic focus encompasses:

Holistic Student Experience: Developing transformative learning experiences that prepare students for both professional and personal success.

High-Quality Market-Driven Programs: Offering programs that meet local and international standards, delivered by talented faculty employing innovative teaching practices.

Research with Tangible Impact: Fostering a vibrant intellectual environment that stimulates innovative research with practical applications.

Deep Engagement with the Wider Community: Building strong relationships with local and international communities to contribute to cultural, social, and economic well-being.

Financials and Funding

As a private institution, UBT's financial model relies on tuition fees, private investments, and partnerships. Specific financial details are not publicly disclosed.

Pipeline Development

UBT continually develops and enhances its academic programs to align with market demands. Recent initiatives include:

New Master's Programs: Introduction of five new master's degree programs within the College of Business Administration in 2018.

Program Accreditations: Achieving programmatic accreditation for nine programs, including Insurance and Risk Management, Supply Chain Management, and various engineering disciplines.

Technological Platform and Innovation

UBT integrates advanced technologies and innovative methodologies into its educational framework:

Digital Excellence: Recognized with the Digital Excellence Award from Oracle in 2017.

Bloomberg Experiential Learning Partner: Achieved this status through the finance department, enhancing practical learning experiences.

Modern Infrastructure: Equipped with state-of-the-art facilities, including advanced laboratories, studios, and research centers.

Leadership Team

Dr. Abdullah Sadiq Dahlan: Founder and Chairman of the Board of Trustees. Instrumental in UBT's establishment and strategic direction.

Dr. Weam Tunsi: President of UBT. Oversees the university's operations and academic programs.

Dr. Hisham Jamjoom: Co-founder. Contributed to the university's development and growth.

Dr. Shihab Jamjoom: Co-founder. Played a key role in shaping UBT's academic and administrative structures.

Leadership Changes

Recent leadership appointments include:

Dr. Weam Tunsi: Appointed as President, bringing a fresh perspective to UBT's strategic initiatives.

Dr. Abdullah Sadiq Dahlan: Continues to serve as Chairman, providing continuity and experienced leadership.

Competitor Profile

Market Insights and Dynamics

The higher education sector in Saudi Arabia is experiencing significant growth, driven by national initiatives like Vision 2030, which emphasizes education as a cornerstone for economic diversification and development.

Competitor Analysis

Key competitors include:

Prince Mohammad Bin Fahd University: Offers a range of programs with a focus on innovation and research.

Al Yamamah University: Known for its business and law programs, emphasizing practical skills and employability.

Dar Al-Hekma University: Provides programs in business, law, and design, with a strong emphasis on women's education.

Strategic Collaborations and Partnerships

UBT has established significant collaborations to enhance its academic offerings and research capabilities:

International Partnerships: Agreements with institutions like the University of Connecticut and Western Michigan University for curriculum development.

Memberships: Active participation in organizations such as the Association of Arab Universities (AARU), International Association of Universities (IAU), and the Association to Advance Collegiate Schools of Business (AACSB).