The Modern College of Business and Science (MCBS) is a private higher education institution based in Oman, renowned for its commitment to academic excellence, research innovation, and student development. Established in 1996, MCBS operates under the supervision and accreditation of the Ministry of Higher Education, Research, and Innovation in Oman.
Ownership Structure
MCBS is privately owned and governed by a Board of Directors comprising prominent figures from the academic, business, and professional sectors. The Board ensures that the college’s mission aligns with its strategic goals, providing leadership in academic and operational management.
Funding and Financial Support
- Tuition Revenue: A significant portion of MCBS’s funding comes from tuition fees paid by students, which sustains academic programs, faculty salaries, and campus facilities.
- Grants and Scholarships:
- Government Grants: MCBS benefits from government support in the form of grants for research, infrastructure development, and scholarship programs aimed at supporting Omani students.
- Private Grants: Partnerships with local and international organizations often provide funding for specific projects, research initiatives, and community engagement programs.
- Scholarship Programs: MCBS offers merit-based and need-based scholarships, funded through institutional resources and external sponsorships, ensuring access to quality education for students from diverse backgrounds.
- Corporate Partnerships: Collaborations with industry leaders and businesses provide financial backing for research, internships, and development programs that enhance the employability of MCBS graduates.