Welcome to the College of Business. We, at the College of Business, take tremendous pride in the fact that Al Yamamah University was founded in 2001 as a single college under the name of Al Yamamah College of Business and then it was elevated to a university-wide status in 2008. Despite its relatively short history, Al Yamamah University is recognized as one of the first pioneer private higher education institutions in Saudi Arabia and it has established its national reputation as one of a very few quality education providers. Currently, it consists of three colleges (College of Business, College of Engineering & Architecture, and College of Law) and the Interlink English Program. The College of Business is the largest and the backbone of Al Yamamah University.
Today, we stand on the shoulders of those who came before us to build on their success and move the College of Business to the next level in a direction that reflects its core values and achieves the aspirations of its founders, faculty, staff, students, and alumni alike. This represents a great opportunity for all of us to write a new chapter in the history of Al Yamamah University and the College of Business in particular.
At the College of Business, we are fortunate to have supportive board of trustees and university leadership that envisions the College of Business as one of the leading business education providers not only in Saudi Arabia, but also in the MENA region within the next five-ten years.
To achieve this vision, the College of Business is upgrading its strategy, its operating model, restructure its programs, renewing its core values, and upgrading its capabilities and skills. These initiatives will lead to a lean and focused College of Business and make it more attractive to talented faculty, students, and staff alike. As well, these initiatives will increase the competitiveness of the College of Business and improve the quality of its programs, and strengthen its image as one of the leading private college of businesses that is known for quality education.
One of the first steps we have taken at the College of Business is to initiate the process for the strategic vision and plan for the next five years: 2020 – 2025. This strategic plan will shape the future of the College of Business in the next decade and beyond and it will serve as a road map to guide its priorities, policies, decisions, and the allocations of its resources. As well, it will unite our efforts to work together as faculty, staff, students, and alumni to move the College of Business into a new era of growth, progress, and national and international recognition as one of the leading and quality College of Business not only in Saudi Arabia, but also in the MENA region.
Our strategic plan is motivated in part by two transformative developments in the business environment both at the national and international levels. First, Saudi Arabia is a country in transformation with a dynamic, vibrant economy that is the largest in the Middle East and one of the top 20 economies in the world. Second, the global business environment is going through transformation due to rapidly changing technologies, the availability of data, and the power of business analytics.
These emerging business challenges and opportunities create the needs for a new generation of innovative business leaders, entrepreneurs, and professionals, equipped with the right set of skills that integrates traditional business competencies with technology and business analytics. Located in Riyadh, the political, economic, and cultural hub of Saudi Arabia, the College of Business has an unparalleled opportunity to be at the forefront of this transformation and it should be in the position to anticipate this transformation and contribute to it through providing the vision 2030 generation of business leaders and professionals with the necessary skills, knowledge, expertise, and confidence they need to excel in the increasingly competitive marketplace and create value for business and society.
We, at the College of Business will not only keep pace with the changing needs of the various economic sectors in the Saudi market, but we will anticipate future changes and we will play a significant role in shaping the future of businesses, society, and create economic growth and opportunities through our impactful research and transformative teaching experience. We will provide our students with the necessary skills and knowledge to succeed and create competitive advantages not only to their companies and organizations, but also to the national economy and take it to a higher level of growth, efficiency, productivity, and competitiveness at the regional and international levels.