Support Ukraine now! Learn more

Autumn 2022


22 months






720 000 UAH

Key Executive MBA

Community of Trust. Power of Transformation

Key Executive MBA is the program which will help you form the vision of your business tomorrow. You will gain the knowledge which will enhance your experience to enable the company’s transformation in the face of future challenges. You will penetrate into the community of trust which facilitates the development of your leadership skills.
LvBS Alumni – these are people who have their own business history, nevertheless they are ready to reflect on their experience and learn throughout the whole life. They form the circle of trust where the most ambitious projects can be carried out together to promote the brand of Ukraine on the world’s business map.

For Whom
  Business owners and executives who:  
  • Make strategic decisions related to the future of the company
  • Aim at recruiting only the brightest minds
  • Work on their performance for the success of their business
  • Believe in the fact that business activities directly influence the development of the community and country
  • Are ready to accept challenges and seize the opportunities today to see the potential tomorrow
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The main educational modules and courses of the Key Executive MBA program

I. Business Philosophy

Business philosophy and corporate culture

Economic systems and models

II. Business Strategies

Business modelling and design

Strategic marketing

Strategic business communications

Strategic planning

III. Processes Management

Decision-making analytics

Managerial accounting

Operational management

Innovations management within the company

IV. Leadership, Personal and Human Resources Management

Transformational leadership (including leadership in the mountains)

Strategic HR management

V. Business development and scaling

Changes management

Models of business breakthroughs

International business practice (educational tour abroad)

Admission to the program

Program Admission Guidelines

Updated information regarding the entry campaign as of April 2022, provided by the Ministry of Education and Science of Ukraine. Admission to the Master’s programs in 2022 entails:

For those entering on the basis of Bachelor’s degree:

  • Master’s test for learning competence
  • Specialty test at a university

Master’s test for learning competence is planned to be held in the form of online computer-based testing.

The format and contents of last year’s specialty test can be viewed here: (the updates will be published soon).

For those entering on the basis of Master/specialist’s diploma:

  • Specialty test at a university
  • Master’s test for learning competence (currently is being considered at the Ministry, we are waiting for the updates)

If you are planning to enter the program this year, you will need:

  1. Register on our website and have an introductory meeting with the manager of the program (online or offline).
  2. Fill out an application form.
  3. Pass the necessary entrance examinations.
  4. Get acquainted with the results of the entry campaign (rating lists of those who are recommended for enrollment) and fulfil the requirements for enrollment (submit the originals of required documents, sign a contract agreement)

To clarify the details, please contact the manager of the program.




  • Bachelor’s or Master’s degree in any program of study (foreign diploma requires recognition *).
  • Knowledge of English at a level that meets the Ministry of Education and Science requirements for admission to a Master’s degree in “Management”.
  • Ability to think logically and critically, knowledge of mathematics at a sufficient level, verbal and communicative skills, willingness to successfully continue the studies.
  • Knowledge of management and administration, sufficient for passing the entrance exams;
  • It is recommended to have at least 5 years of managerial experience; to participate in making and implementing strategic decisions of the company.

* We would like to draw your attention to the need for a mandatory recognition procedure of educational documents issued by a foreign educational institution, based on which you plan to enter the Ukrainian Catholic University. Instructions for remote submission of documents necessary for the recognition procedure by the Information and Image Center and a list of required documents are available at the link


How to choose a school for studying?

It depends on the goals set by a future participant. This may be a traditional school with a standardized instrumental approach and certification program that will give a better understanding of management tools, or this may be dynamic innovative school, which is always in search for solutions, and in which the participant is inspired for new achievements and develops the idea of existing or new business-projects. Result of training depends on the type of programs offered by the school, teaching format (full time, modular, evening), and those network contacts, which the participant is interested in expanding and developing. Choosing a business school, we encourage all potential participants to look through the schools web pages, then visit those that impressed them the most: to take part in lessons, to feel the atmosphere, chat with current participants and alumni of the program. The main thing is to remember that learning in business school is an important step in your professional life, in the future a graduate will always be associated with this school, so schools values should reflect his / her personal values.

Why you should study business in LvBS?

Education in LvBS is not just learning the business, although school programs meet international standards of business education programs and are taught by the best Ukrainian and international lecturers. It is also a special atmosphere, the possibility of cultural and spiritual enrichment, and recreation in an old European city of Ukraine.

Internationality of KEMBA program is an important added value, as it enables its students to feel the global macro environment, the main factors influencing the economic environment both globally and of each country in particular. The international component of the program includes 30% of courses taught by international teachers, and a visiting study tour to one of the Asian region countries.

What are the benefits of the MBA program offered by LvBS, compared to other business schools?

Program Key Executive MBA in LvBS has several features that distinguish it among others, namely:

  • individual, personalized approach to participants, which are offered their own development plan

according to the level of their training at the entrance;

  • emphasis on the development of entrepreneurship of both participants and businesses they represent
  • practical project training, which is to generate innovative entrepreneurial ideas, their content and implementation for learning with teachers and school team support
  • a significant international component of the program is 30% international teaching staff and international study tour
  • And, of course, comfortable learning environment and the school with a unique atmosphere!

How many students study business at your school per year?

The first set took place in three months after the opening of the school in 2008 and the first group consisted of 7 people. Nowadays the number of participants is about 20 every year. It is optimal for ensuring dynamics, for involving everyone in the learning process and for exchanging of experience, and at the same time the number of participants makes it possible to keep an individual approach to each participant. 40% of participants are company owners, while others are senior managers. The average age of participants is 35 years.

How important MBA program are for managers and business owners? What do they propose them?

MBA Programs are comprehensive graduate management programs that are intended to form the participants skills, knowledge and competencies of such a level that lets effectively manage the entire company as a system (as opposed to individual functional areas), regardless of the industry. Another issue is that the problems and challenges faced by senior management today differ significantly from those that had to be solved a decade ago.

It is insufficient to use gained previous experience of global companies, to imply management tools that led to constant positive results in previous years. Many of them stop working, meaning that while learning participants must develop solutions themselves, earn an understanding of what value of their businesses must be carried to the customer to gain their trust and loyalty. This means that the audience must be a critical mass of leaders that can offer such solutions. And a market insight and business vision will come through dynamism of programs: the ability to maximally integrate into program innovative international experience through international tours, involving to teaching people who inspire to generate breakthrough business-ideas, to solve the most pressing “live” cases.


Academic board

Завдання Академічної ради – стати впливовим стейкхолдером у формуванні траєкторії стратегічного розвитку програми, яка буде якнайкраще відповідати потребам ринку та викликам часу, а також глобальним трендам у бізнес-освіті.


I came to the MBA programme because personal growth and development are important for me. Every day at my work, I have to take wise and well-considered decisions. In order to do this, you need to understand business and all business processes. Having studied here, I became understanding business from inside, I realized how it worked. I realized how to work in a different way and win competition even with foreign businesses.
When I came to Lviv Business school I had a crucial question to answer: “What can Lviv Business School offer to me?” The atmosphere, the people, the community – this is what instills confidence about light in the end of the tunnel in our country. I believe such schools are able to shape modern business elite in Ukraine.

Ihor Blystiv
Marketing director, "Kormoteh" LLC

Having taken final decision to take MBA I spent several weeks to find ‘my’ business school. This process turned out to be not that simple for a person never interested in such kind of education. There are few establishments that offer opportunities for study but each has its own peculiarity and tries to be different in something. I even managed to find ‘MBA special for Ukrainian citizens’ in a US school. I talked to graduates from different business schools, I was reading comments on lecturers, on technical and administrative environment of the learning process. Then I highlighted three leaders for myself and selected the LvBS.
Lviv is the city I live and work in. UCU is the place that promotes learning climate. LvBS community consists of people who still keep learning and improving even though they have already reached success.

Yuriy Samets
Co-owner of "Sambay" Ltd, the clothing manufacture

I came to study at MBA programme to become more useful for my company. This is the field you have to be competent almost in all business spheres at once. During the studies I wanted to look at business from the position of an owner so that I could properly assess processes and so that my efforts could be useful for directors of the company.
I am happy to study at the UCU LvBS. This is the school with special climate. It encourages you to learn and act. It helps you fight your fears and overcome barriers while offering fundamental knowledge.

Olena Leksikova
Audit department head, "Galnaftogaz" Concern’ PJSC

There are several reasons I came to study for МВА at LvBS. The main reason is that the values of the school appeal to me as the school was established at Catholic University. The second thing is the level and selection criteria for lecturers. It is not lower than in other Ukrainian schools, sometimes even higher. This gives you geographical and temporal advantage. The third thing is the team of the business school. They are professional, well-trained and inspiring!

Volodymyr Harazd
Director, Llc “Residential-Construction Company "Vash Dim”

During the study at Key Executive MBA my personal growth was twofold, or rather even threefold. I can boldly state that having graduated from MBA I got inspiration to study more. Here, you can receive global knowledge in specific spheres. Now I know how to speak in the sales department or where to get necessary information.

Iryna Dmyterko
Deputy CFO, "CFG" Agro holding, Ternopil

The idea of “Iconart” foundation occurred during  study in LvBS, for result of the program KEMBA had to become newly embodied business project, that is not connected with the basic professional activity. I have long pondered what it could be. “Iconart” a project that opened modern Ukrainian sacred art and opened it for the world. In business-school I got tools, courage, self-awareness.

Konstiantyn Shumsky
Owner of art-gallery “Iconart”

During study at MBA in LvBS I didn’t always agree with lecturers for I considered not to do as they are teaching. Still I was not irritated with it. Conversely I am very grateful that I had an opportunity see myself over the other side and change the society. I believe this was one of the best years that I have lived and made many friends. The Business School had a great influence on me. I am really comfortable here.

Oleh Nykulyshyn
CEO, Pharmacy Network "DS"

Відеовідгуки випускників та учасників програми:

Program Benefits
Individual approach

Study in small groups allows to reach maximum interaction with lecturer, all tasks are aimed at work with own companies

Applied project study

Participants work on own business projects during program study with opportunity to develop own start-up project or to work out and implement project of changes into existing organization

Participation in LvBS Community

Free access to dynamic business society with regular inspiring workshops and meetings

Modern campus

The study takes place in a modern housing of Ukrainian Catholic University in European Lviv

Network of LvBS Alumni

After finishing the program all the alumni join the network of Alumni of all master's programs of LvBS

Contact person
Evgenia Kralenkova
Head of Learning and Development
  • 067 675 66 08