Management

The four-semester curriculum of the MSc degree programme in Management consists of a sequence of required courses and seminars, with three options of specialisation. This programme is especially formatted for mathematically- and analytically-oriented future managers.
Compulsory subjects: Business Statistics, Mathematics for Business, Business Decision Making, Microeconomic Analysis, International Corporate Strategy, Marketing Methods and Analysis, and Corporate Finance.
For the third semester, students may choose between the practically-orientated internship option, the international research-orientated study abroad option, or elective courses at the university.
A written Master's thesis with a research seminar rounds off the study programme. It can be written in cooperation with the internship company.

Educational organisation

Our campus provides an optimal learning environment characterised by small class sizes and close contact to faculty and staff. The language of instruction and examination is English. Students have to expect a weekly workload of 22 to 26 hours of classroom studies.

There are three different forms of instruction:
Lectures: held by a professor
Tutorials: practising, discussing the content of the lecture
Seminars: active participation by students, writing academic papers, project teamwork

A lecture/seminar/tutorial lasts 90 min.

Study abroad unit(s)

A study abroad semester is an integral component of the international research-oriented path during the third semester.

Internships

An internship is an integral component of the practically-oriented path during the third semester. The programme adviser and the University Career Service Centre can assist students in organising and finding appropriate internship options.

Forms of assessment

Written subject examinations, presentations, seminar papers, written Master's thesis with a presentation

Course objectives

The MSc programme in Management is designed to equip students with the knowledge, methods and skills international professional managers are expected to possess. The programme builds upon a strong basis in mathematics, corporate strategy, business statistics, marketing, taxes, etc. provided within the first year.

The graduate programme in Management prepares students to encounter challenging future responsibilities in the private and public sectors of international management as well as for future scholarly research.

Language requirements

• Valid, certified GRE, General Test, with a minimum score: verbal part 140 and quantitative part 148 or
• valid GMAT with a minimum score 550 in total

This test cannot be waived. TOEFL or IELTS tests will not be accepted.

Academic requirements

A Bachelor of Science in Management and/or Economics earned from a worldwide recognised higher education institution plus a GRE or GMAT

Applicants with a Bachelor's degree in a different field (e.g., engineering, maths, psychology, or others) may receive admission with the requirement of successfully passing up to four undergraduate level modules.

Visit http://www.isp.ovgu.de to review the necessary scores and for further information about the preparatory courses.

Enrolment fees

Currently 94.50 EUR per semester
The semester fee covers services offered by the "Studentenwerk" (Student Union) and the student representatives. Enrolled students receive a semester ticket for free use of public transport, student discounts in the campus cafeteria, etc.

Costs of living

A minimum of 700 EUR per month must be budgeted for accommodation, costs of living, health insurance, books, and miscellaneous expenses.

Job opportunities

A limited number of student assistant positions are available at the university or within the faculty. Off-campus jobs are available and require German language skills.

Funding opportunities within the university

Scholarships cannot be provided for new students. The university provides a limited number of excellence scholarships. Eligible candidates are students in advanced semesters who clearly show above-average results.
http://www.studentenwerk-magdeburg.de/en/finances/

Arrival support

Before arrival, a welcome package with relevant information will be sent to prospective students. The SIMP-SON student mentoring programme (http://www.isp.ovgu.de/) provides a service for new students upon request. Volunteers assist in dealing with administrative issues, such as visas and bank accounts, health insurance, looking for accommodation, study programme issues, etc.

Services and support for international students

The International Office and the faculty assist students in any way possible. To integrate new students into our student community, both the university (IKUS) and the faculty (SIMP-SON) offer a "Welcome & Orientation Week" in the first week of October.
During the semester, the university's Language Centre offers German courses. A number of social and cultural events will be organised by IKUS, the international student organisation on campus.

Accommodation

The "Studentenwerk" (Student Union) Magdeburg manages the on-campus halls of residence (mostly one- to four-room apartments). Currently, the monthly rent ranges from 220-350 EUR per room (approx. 12-35 square meters), depending on size and furnishing. Rooms in the halls of residence are limited in number. The accommodation request can be found here: http://www.studentenwerk-magdeburg.de/en/accommodation/accommodation-request/.
The Student Union assists all new students in finding adequate accommodation, either on or off campus. Private accommodation is available on the Magdeburg accommodation market. However, fully furnished units are in relatively short supply.