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<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Dear AIBEcers:</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Enclosed is a list of the required courses for an
MBA at AIBEc. </FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>If you have any questions please contact
me.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Yours truly,</FONT></DIV>
<DIV><FONT face=Arial size=2>Art Franczek</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><SPAN
style="FONT-SIZE: 24pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt; mso-bidi-font-family: 'Times New Roman'"><SPAN
style="mso-spacerun: yes"> </SPAN></SPAN><B
style="mso-bidi-font-weight: normal"><I
style="mso-bidi-font-style: normal"><U><SPAN
style="FONT-SIZE: 10pt"><o:p></o:p></SPAN></U></I></B></DIV>
<DIV>
<DIV class=Section1>
<P class=MsoNormal style="MARGIN: 12pt 0in 0pt; TEXT-ALIGN: center"
align=center><B style="mso-bidi-font-weight: normal"><I
style="mso-bidi-font-style: normal"><U><SPAN style="FONT-SIZE: 18pt">Required
Courses (11)</SPAN></U></I></B><SPAN
style="FONT-SIZE: 18pt"><o:p></o:p></SPAN></P>
<P class=MsoNormal
style="MARGIN: 6pt 0in 0pt 2in; TEXT-INDENT: -0.25in; mso-list: l1 level1 lfo3; tab-stops: list 2.0in"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol"><SPAN
style="mso-list: Ignore">·<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt">Financial Accounting<o:p></o:p></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 2in; TEXT-INDENT: -0.25in; mso-list: l1 level1 lfo3; tab-stops: list 2.0in"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol"><SPAN
style="mso-list: Ignore">·<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt">Managerial Accounting<o:p></o:p></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 2in; TEXT-INDENT: -0.25in; mso-list: l1 level1 lfo3; tab-stops: list 2.0in"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol"><SPAN
style="mso-list: Ignore">·<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt">Managerial Economics or
Macroeconomics<o:p></o:p></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 2in; TEXT-INDENT: -0.25in; mso-list: l1 level1 lfo3; tab-stops: list 2.0in"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol"><SPAN
style="mso-list: Ignore">·<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt">Principles of Marketing<o:p></o:p></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 2in; TEXT-INDENT: -0.25in; mso-list: l1 level1 lfo3; tab-stops: list 2.0in"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol"><SPAN
style="mso-list: Ignore">·<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt">Management Information Systems<o:p></o:p></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 2in; TEXT-INDENT: -0.25in; mso-list: l1 level1 lfo3; tab-stops: list 2.0in"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol"><SPAN
style="mso-list: Ignore">·<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt">Principles of Business Law<o:p></o:p></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 2in; TEXT-INDENT: -0.25in; mso-list: l1 level1 lfo3; tab-stops: list 2.0in"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol"><SPAN
style="mso-list: Ignore">·<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt">Operations Management<o:p></o:p></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 2in; TEXT-INDENT: -0.25in; mso-list: l1 level1 lfo3; tab-stops: list 2.0in"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol"><SPAN
style="mso-list: Ignore">·<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt">Corporate Finance<o:p></o:p></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 2in; TEXT-INDENT: -0.25in; mso-list: l1 level1 lfo3; tab-stops: list 2.0in"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol"><SPAN
style="mso-list: Ignore">·<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt">Takeovers, Restructuring and Corporate
Governance<o:p></o:p></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 2in; TEXT-INDENT: -0.25in; mso-list: l1 level1 lfo3; tab-stops: list 2.0in"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol"><SPAN
style="mso-list: Ignore">·<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt">Managing People in
Organizations<o:p></o:p></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 2in; TEXT-INDENT: -0.25in; mso-list: l1 level1 lfo3; tab-stops: list 2.0in"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol"><SPAN
style="mso-list: Ignore">·<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt">Strategic Management or Business Development
Strategies<o:p></o:p></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 12pt 0in 0pt; TEXT-ALIGN: center"
align=center><B style="mso-bidi-font-weight: normal"><I
style="mso-bidi-font-style: normal"><U><SPAN style="FONT-SIZE: 18pt">Elective
Courses (choose 4)<o:p></o:p></SPAN></U></I></B></P></DIV><B
style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><BR
style="PAGE-BREAK-BEFORE: auto; mso-break-type: section-break"
clear=all></SPAN></B>
<DIV class=Section2>
<P class=MsoNormal
style="MARGIN: 6pt 0in 0pt 35.7pt; TEXT-INDENT: -17.85pt; mso-list: l2 level1 lfo2; tab-stops: list .5in"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol"><SPAN
style="mso-list: Ignore">·<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt">Advanced<SPAN style="mso-spacerun: yes">
</SPAN>Accounting<I
style="mso-bidi-font-style: normal"><U><o:p></o:p></U></I></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1; tab-stops: list .5in"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol"><SPAN
style="mso-list: Ignore">·<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt">Capital Markets <I
style="mso-bidi-font-style: normal"><U><o:p></o:p></U></I></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1; tab-stops: list .5in"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol"><SPAN
style="mso-list: Ignore">·<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt">Advanced Human Resources <I
style="mso-bidi-font-style: normal"><U><o:p></o:p></U></I></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1; tab-stops: list .5in"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol"><SPAN
style="mso-list: Ignore">·<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt">Strategic Marketing <I
style="mso-bidi-font-style: normal"><U><o:p></o:p></U></I></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1; tab-stops: list .5in"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol"><SPAN
style="mso-list: Ignore">·<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt">International Transactions<I
style="mso-bidi-font-style: normal"><U><o:p></o:p></U></I></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1; tab-stops: list .5in"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol"><SPAN
style="mso-list: Ignore">·<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt">Corporate Law<I
style="mso-bidi-font-style: normal"><U><o:p></o:p></U></I></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1; tab-stops: list .5in"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol"><SPAN
style="mso-list: Ignore">·<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt">Taxation<I
style="mso-bidi-font-style: normal"><U><o:p></o:p></U></I></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1; tab-stops: list .5in"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol"><SPAN
style="mso-list: Ignore">·<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt">International Finance<I
style="mso-bidi-font-style: normal"><U><o:p></o:p></U></I></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1; tab-stops: list .5in"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol"><SPAN
style="mso-list: Ignore">·<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt">Career Dynamics<I
style="mso-bidi-font-style: normal"><U><o:p></o:p></U></I></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1; tab-stops: list .5in"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol"><SPAN
style="mso-list: Ignore">·<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt">Marketing Research<I
style="mso-bidi-font-style: normal"><U><o:p></o:p></U></I></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1; tab-stops: list .5in"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol"><SPAN
style="mso-list: Ignore">·<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt">Sales Management<I
style="mso-bidi-font-style: normal"><U><o:p></o:p></U></I></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; mso-list: l0 level1 lfo1; tab-stops: list .5in"><SPAN
style="FONT-SIZE: 16pt; FONT-FAMILY: Symbol; mso-bidi-font-family: Symbol; mso-fareast-font-family: Symbol"><SPAN
style="mso-list: Ignore">·<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 16pt">Negotiations<I
style="mso-bidi-font-style: normal"><U><o:p></o:p></U></I></SPAN></B></P></DIV><B
style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 18pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">
Services marketing<BR
style="PAGE-BREAK-BEFORE: auto; mso-break-type: section-break"
clear=all></SPAN></B>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify"><B
style="mso-bidi-font-weight: normal"><I
style="mso-bidi-font-style: normal"><U><SPAN style="FONT-SIZE: 18pt"><o:p><SPAN
style="TEXT-DECORATION: none"> </SPAN></o:p></SPAN></U></I></B></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center"
align=center><B style="mso-bidi-font-weight: normal"><I
style="mso-bidi-font-style: normal"><U><SPAN style="FONT-SIZE: 18pt"><SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN></SPAN></U></I></B><B
style="mso-bidi-font-weight: normal"><I
style="mso-bidi-font-style: normal"><U><SPAN
style="FONT-SIZE: 16pt"><o:p></o:p></SPAN></U></I></B></P></DIV></BODY></HTML>