International Business

Study mode:On campus Study type:Full-time Languages: English
Foreign:$ 5.85 k / Semester(s)  
StudyQA ranking:3872 Duration:3 semestrs

Photos of university / #ism_hochschule

In many sectors, a comprehensive business administration education is the basic requirement for a successful career start and the first step towards a role in management. The number of Bachelor's graduates who chose an undergraduate degree course without any business administration elements and now need to add this string to their bow to achieve their professional goals is increasing all the time.
The solution is a non-consecutive Master's degree that provides students with the essential management skills in a targeted and effective manner.
The MA in International Business (non-consecutive Master's degree) can be combined with every undergraduate degree course and is therefore aimed specifically at engineers, communication experts, and humanities graduates who wish to study business administration at Master's level.
The non-consecutive Master's course focuses on ensuring that the students benefit from a compact and intensive business administration education. The degree course covers key basic principles of business administration, such as financial management, production, procurement, accounting, and commercial law. Moreover, the students will also learn about human resources management, international management, and international marketing.
ISM maintains an extensive network of corporate partners which allows the students to partake in numerous and diverse projects, case studies, and expert lectures. The required practical skills are ensured through lecturers with in-depth professional experience in well-known companies. During the course, students also have the opportunity to apply the acquired theoretical skills in a consultancy project for various companies.

Educational organisation

The first semester focuses on providing students with the principles of business administration. Furthermore, they gain comprehensive insight into financial accounting, financial reporting, and taxation. In the management theory and practice module, students become familiar with corporate governance and strategic management theories, concepts, and models. The modules on organisational behaviour and human resources management provide students with knowledge on how to manage people within an organisational context. Moreover, the students will learn the necessary quantitative methods to successfully run a business such as business mathematics and statistics. Their skills in international and intercultural management will be developed in the international business module.
The second semester focuses on extending the knowledge gained in the first one. The students will become familiar with the principles of finance and study investment theory as well as cost accounting. The soft and communication skills module will provide them with knowledge about business ethics, communication and negotiation theories, and methods to communicate and negotiate effectively within international and diverse work teams. Their analytical skills are developed in the quantitative analysis and decision-making module. Furthermore, they learn more about the specific environment of an international enterprise and how to manage it. Within that module, strategies, process, and project management as well as leadership and change management concepts are applied to the international enterprise.
During the third semester, students study marketing strategies, market research methods, and customer relationship marketing. In the international controlling module, they will be familiarised with international financial management, corporate and participations controlling, and international financial reporting. A consulting project allows them to apply their theoretical knowledge to real-life business cases in cooperating companies. The last module of economic theory and policy ensures they extend their knowledge in micro and macroeconomics and economic policy.
The programme concludes with the successful completion of a Master's thesis.

Language requirements

Applicants should provide proof of English proficiency through one of the following:
  • TOEFL - minimum 80 points (internet-based)
  • at least 30 ECTS in an English-language university programme
  • university degree in English studies
  • native speaker of English (to be evaluated on an individual basis)

Academic requirements

The prerequisite for admission to the Master of Arts in International Business is a completed first study programme with a minimum study period of six semesters and a final grade at:
  • a university or
  • an equivalent foreign higher education institution
and submission of the application forms as well as participation in an application interview

Enrolment fees

Once you are accepted as a student at the ISM, you are required to pay enrolment fees which amount to 10% of the tuition fees.

Funding opportunities within the university

In principle, the ISM would like to offer all qualified applicants the opportunity to study at the ISM, regardless of their individual financial situation. The ISM provides financial aid to selected students in the form of scholarships, reductions in tuition fees, and interest-free student loans.

Arrival support

The ISM offers arrival support.

Services and support for international students

The ISM offers services and support for international students.
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Study mode:On campus Languages: English
Local:$ 5.37 k / Semester(s) Foreign:$ 8.16 k / Semester(s)
Deadline: Jul 31, 2024 StudyQA ranking: 3527