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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 organisationThe 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 requirementsApplicants 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 requirementsThe 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