Master in Management

About the Master in Management

Join the Most Employable Master in Luxembourg! 

The first Recognized and Accredited Master in Management in Luxembourg is a 24-month program equivalent to 120 ECTS delivered entirely in English. 

It consists of 

• One year of General Courses in the field of Business and Management 
• One semester of Specialisation 
• One semester of Paid Internship or Master Thesis 

Students can specialize in 

• Financial Management
• International Tax*
• Accounting, Audit & Control* 
• They can also choose other electives such as Marketing, Human Resources etc… abroad by going on Erasmus or International exchange during the specialization semester.

This program is open to Undergraduates in all field of Studies. It is available in a 3 Day Study Model allowing part time employment. 

It combines a 6-month paid internship and career workshops to kick-start graduate’s careers in Luxembourg. 

The Master in Management of Luxembourg School of Business is the Most Employable Master in Luxembourg with almost all students who get a Paid Internship during the last Semester of their studies and more than 80% of them who get recruited for a Permanent position after their Internship. 

*Available for September intake only

Career focused 

The Master in Management program prepares students for a variety of career paths across different industries. Students will be able to work in a wide range of functional areas, such as finance, tax, audit, accounting, human resources, project management, marketing, and many more. 

The Master in Management gives you business tools to kick-start your career in Luxembourg combining paid internship, career workshops and a 3 Day Study Model allowing part time employment. This program will help you bridge the gap between: 

• Theory and practice: providing opportunities to apply what you learn to real-world settings. 
• Information and analysis: moving from acquiring knowledge to synthesizing data. 
• Student and professional: transitioning from exploration to career.

The program offers an action-based curriculum designed to help candidates from all backgrounds understand key business concepts and integrate into the job market.

• 2-year program: 12 months of core courses, 6 months of specialisations, 6 months of paid internships
• Focused on employability, the program contains an integrated group of courses on career development
• Includes a 6-month paid internship
• For students without previous coursework in Mathematics and Statistics, a ‘Business Bootcamp’ will be required. The classes of the Business Bootcamp will be completed in parallel with the core courses.
• Students are required to earn 120 ECTS credits in order to graduate from the program (126 ECTS credits for students who need to take the Business Bootcamp).
• Classes are taking place in a 3 Day Study Model allowing part time employment.

Program content

• Year 1: Core Courses

  SEMESTER 1

• Bootcamp (BC)*: Mathematics (3 ECTS), Statistics (3 ECTS)

Students may complete a master thesis instead of a paid internship

If a Student wants to do another specialization that the ones offered at LSB, he/she can go abroad during the specialization period (semester 3) and choose courses from the relevant field of study: Business Administration and Management that were not previously taken at LSB.

More information on the International Mobility section.

SEMESTER 2

Paid Internship – Master Thesis

The 6-month paid internship provides the opportunity to apply the knowledge acquired throughout the degree.

* Available for September intake only

Other electives Abroad

Indicative courses.

Intermediate Accounting (3 ECTS) Consolidated Financial Statements (3 ECTS) International Accounting Standards: Theory (3 ECTS) International Accounting Standards: Application (3 ECTS) Financial Analysis of consolidated financial statements (2 ECTS) Strategic Management Accounting (2 ECTS) Risk Management and Audit (2 ECTS) Internal Control and Audit (4 ECTS) Corporate Governance (2 ECTS) Legislation on bankruptcy and similar procedures (3 ECTS) Civil Law (1 ECTS) Information systems (4 ECTS) Information systems and Audit (4 ECTS) Asset Management (2 ECTS

* Available for September intake only

Accounting, Audit & Control*

Indicative courses.

Corporate Tax: basics (4 ECTS) Personal Tax (3 ECTS) VAT Basics  (3 ECTS) International Tax Law (3 ECTS) VAT: the Financial Sector (3 ECTS) Transfer Pricing (3 ECTS) Applied International Tax Law (3 ECTS) European Tax Law (3 ECTS) Tax and Digitalisation (2 ECTS)

International Tax* Quantitative Methods (3 ECTS) Capital Markets: Equity, Fixed Income, and Credit Risk (3 ECTS) Corporate Governance (3 ECTS) Private Equity and Venture Capital (3 ECTS) Special Operations: M&A, Restructuring, and Distressed Deals (3 ECTS) Real Estate Finance (3 ECTS) Infrastructure Market and Project Finance (3 ECTS) Portfolio Management (3 ECTS) Applied Risk Management and Derivatives (3 ECTS)

Financial Management 

Year 2: Electives and Paid Internship or Master Thesis

SEMESTER 1

Digital Skills (3 ECTS)

SEMESTER 2

Problem Solving and Decision Making (3 ECTS) Legal Environment of Business (4 ECTS) Managerial Accounting (4 ECTS) Entrepreneurship (4 ECTS) Operations and Supply Chain Management (3 ECTS) Managing People and Organizations (4 ECTS) Managing Strategy and Innovation (4 ECTS) Project Management (3 ECTS) Research Methods (1ECTS)Employability courses Career Exploration and Employability (2 ECTS) Client facing skills (3 ECTS)

*For students without previous coursework in Mathematics and Statistics, a Business Bootcamp will be required.

Foundations of Marketing (3 ECTS) Financial Accounting, Analysis & Reporting (4 ECTS) Macroeconomics for Business (4 ECTS) Corporate Finance (4 ECTS) Marketing Management and Innovation (3 ECTS) Ethics & Corporate Social Responsibility (4 ECTS) Microeconomics for Business (4 ECTS) Corporate Valuation (4 ECTS)

The Master in Management is designed for young graduates from different backgrounds who want to gain an advanced understanding of business in order to be desirable job candidates in the corporate world, government institutions, NGO’s and consulting.

Candidates should demonstrate a strong capacity to operate in a fast-changing international context.

The Master in Management Admissions Team is looking for self-driven young university graduates with strong academic records and work ethics.

Admissions Requirements

Full details about entry requirements and the application process for the Master in Management, is available on the School Website. LSB welcomes applications from international students. To apply for the Master in Management programme, you will need to show:    

• A bachelor's degree or equivalent from a recognised college or university with a minimum of 180 ECTS in any field of study.*   

• *If you do not have previous coursework in statistics, mathematics, and research methods, you will be required to complete these courses during the first year of the programme.

  *If the Admissions Committee is unable to verify your academic transcripts or diploma, LSB may request that you obtain recognition of your diploma from the Ministry of Higher Education of Luxembourg.     

• Fluency in English  
  • If you have worked in an English-speaking environment for at least 2 years, a recommendation letter from your superior is sufficient. 
  • If you are a native English speaker or have received a university degree exclusively taught in English, no further proof of English proficiency is required.  
  • If you are not a native English speaker, you must provide a TOEFL score of at least 550 (paper-based) or 85 (internet-based) or an IELTS score of at least 6.5 (B2 level).  

• Admission process   

  1. Complete the online application form.  

  2. Upload supporting documentation. Documents can be in English, French, German, Luxembourgish, Spanish, Italian, and Portuguese.   These include:   

• Current CV  
• A one-page essay about your career plan and motivation to complete the Master in Management  
• Letter of recommendation (academic or professional)     
• Undergraduate transcripts and/or grades (certified copies)*  
• Proof of English proficiency  

3. Pay the application fee of EUR 100.       

4. Interview: Pre-selected candidates will be invited for an in person or video interview with the Admissions Committee of the programme. You will be encouraged to discuss your background, motivation, and career plans during this interview. 

5. Decision: The Admissions Committee makes the final decision for admission. You will be informed of the outcome by email.         

*If the Admissions Committee is not able to ascertain the academic transcripts or diploma of the candidate, LSB reserves the right to ask this candidate for a Recognition of Diploma delivered by the Ministry of Higher Education of Luxembourg. 

Admissions Deadlines  

There are two intake periods, one in September and the other in March.

• Intake September

First deadline: 15th April 2024

Final deadline for ATS/Visa Students: 15th May 2024

Final deadline: 1st August 2024

• Intake March 

First deadline: 15th November 2023

Final dealine for ATS/Visa Students: 15th December 2023

Final deadline: 31st of January 2024

Candidates who get enrolled before the first deadline will receive a 5% discount. 

Want to improve your English level for admission?

Prepare for the program requirements with English Online by the British Council.

• ✔️ Flexible study schedule
• ✔️ Experienced teachers
• ✔️ Certificate upon completion

📘 Recommended for students with an IELTS level of 6.0 or below.

Enroll in the course

Fees

• For students who do not need a Visa or Authorisation to Stay in Luxembourg: EUR 12,500 per year, totalling EUR 25,000 for the two-year programme. 
• For students who need a Visa or Authorisation to Stay in Luxembourg: EUR 14,500 per year, totalling EUR 29,000 for the two-year programme.  

Scholarships

Financial barriers should never hinder your learning or career journey. That’s why LSB offers a range of scholarships and financing options to empower students to achieve your goals.   

• Luxembourg State Scholarships:  The Luxembourg State offers scholarships and student loans for higher education. Various scholarships are available, including base scholarships, social scholarships, family scholarships, mobility scholarships, and reimbursement of registration fees. These scholarships can be combined. 
• LSB Scholarship:  Luxembourg School of Business offers a limited number of scholarships covering 5% to 50% of the tuition fees. Scholarship criteria are based on academic record, references, letter of motivation, and financial need. 
• Discounts:  Candidates who enrol before the First Deadline receive a 5% discount, and candidates who pay the full tuition in one instalment receive a 10% discount. These discounts are not cumulative.

Reasons to study in Luxembourg

• Full of job opportunities
  
  Luxembourg is one of the most dynamic locations to work in Europe and an ideal place to start an international career. With an attractive job market that offers countless opportunities and competitive salaries, employment has grown by 50% over the past 20 years – while the EU average is 20%.
   
• A dynamic economy
  
  GDP Per capita is more than double the European average, placing Luxembourg among the richest countries in the world, with some of the highest salaries.
   
• Headquarters of major companies
  
  Luxembourg is home to a large panel of international companies such as ArcelorMittal, Amazon, Cargolux, Goodyear, and the Big Four (KPMG, Ernst & Young EY, Deloitte and PwC). These major multinational companies are always looking for talented and highly skilled people. Moreover, the highly developed service sector, booming startup community, Fintech, Space tech, clean technologies, and many more opportunities are yours to explore
   
• Multicultural and multilingual
  
  Almost 46% of Luxembourg’s population are expats, representing more than 70 nationalities and 40 languages. Luxembourg is also considered one of the most proficient English-speaking nations in the world, ranking 7th globally.
   
• In the heart of Europe
  
  Located in the heart of Western Europe, Luxembourg is a strategic location with easy access to numerous European cities such as Paris, London, Frankfurt or Brussels. Along with Brussels and Strasbourg, the Grand Duchy of Luxembourg is also the headquarters for many influential European Institutions such as the European Investment Bank, the European Court of Justice, the European Court of Auditors, the Secretariat of the European Parliament, European Investment Fund and the European Stability Mechanism.
   
• Great living quality
  
  Luxembourg is one of the safest countries in the world according to the World Economic Forum. It will also be the first country in the world to introduce free public transport beginning in early 2020.