International Business Studies (MIBS)

Study mode:On campus Study type:Full-time Languages: English
Deadline: May 31, 2024
StudyQA ranking:4616 Duration:2 years

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The programme provides students with a comprehensive understanding of the complexity of international business. Students are supported in acquiring all the necessary skills required to succeed in an international environment. Special attention is given to the variety of approaches that firms choose to adapt their international operations to the diversity of laws, business practices, and cultures across the globe.
The emphasis is on increasing students' capacity to understand and analyse foreign operation modes and to make decisions relating to foreign market entry and management strategies. Students develop essential communication and intercultural skills. Students have the opportunity to earn credits at one of our partner universities worldwide. The programme includes company visits as well as lectures and workshops with executives from leading companies. A wide variety of business language courses complete the international focus of the programme and prepare students for their career in an international setting.
The Master's programme in International Business Studies consists of 120 ECTS credits leading to a Master's degree (MSc in International Business Studies). The programme can be completed in two years. Students who wish to benefit from the university's expanding network of international contacts may study for up to two semesters abroad at one of our renowned partner universities.

A comprehensive and well-founded understanding of the field is provided by core courses in the following areas:
  • Environment of International Business
  • Foundations of International Management
  • International Strategic Management
  • International Functional Management
  • International Information Management
  • Soft Skills
  • International Finance and Corporate Governance
  • International Corporate Sustainability
  • International Relations
The language of instruction in the core courses is English.

The elective courses focus on different area studies and allow students to specialise in one specific region:
  • English-speaking countries
  • Romance language-speaking countries
  • Asia
  • Europe
The language of instruction in the electives depends on the chosen area.

Educational organisation

The programme consists of lectures, seminars, practice elements, workshops, excursions, company visits and small-group discussions. The programme combines in-class learning with learning-by-doing elements. The ECTS system allows for individual choices (in the elective courses) according to the programme guidelines.

The core courses (60 out of 90 ECTS) cover the following subjects:
  • Issues in International Political Economy
  • International and European Trade Law
  • Foundations of International Management I + II
  • Business Strategy
  • Advanced Methods of Management Research IV
  • International Marketing
  • Global Operations Strategy
  • E-Business Projects and Innovation
  • E-Business Strategy and Networking
  • Managing Intercultural Relations
  • Advanced Intercultural Communication and Negotiation Skills
  • International Finance
  • International Corporate Governance
  • Business Ethics and Corporate Social Responsibility
  • Management and organisation theories through the lens of mission-driven organizations
  • The Organisation of the International System
  • Power, Order and Institutions in World Politics
The language of instruction in the core courses is English.

The elective courses (30 ECTS) focus on different area studies and allow students to specialise in one specific region (students select one area during their course of study):
  • English-speaking countries
  • Romance language-speaking countries
  • Asia
  • Europe
The language of instruction in the electives depends on the chosen area.

Students have the option to do a joint degree programme with EM Strasbourg or Universidad de Alcalá.

Study abroad unit(s)

Students who wish to benefit from the university's expanding network of international contacts may study for up to two semesters abroad at one of our renowned partner universities.

Forms of assessment

Written and oral exams, presentations and seminar papers according to the guidelines, Master's thesis. The programme consists of 120 ECTS.

Course objectives

The programme is designed to give students a deep insight and profound knowledge in the field of International Business and enables them to act independently in a global business setting. The Master's programme in International Business Studies qualifies students to work in companies, institutions or associations operating internationally. The programme also prepares students for future research work in the field of international business.

Language requirements

To be considered for admission, applicants must have a good working knowledge of English and are required to provide appropriate evidence of their language skills.
English language proficiency is to be verified by one of the documents listed below:
  • TOEFL test with minimum score of 637+ (PBT), 270+ (CBT) or 100+ (IBT)
  • UniCert Level III
  • IELTS test with minimum score of 6.5 (each section minimum 5.5)
  • Cambridge English: Advanced
  • Bachelor's degree completed in English in one of the EU/EEA countries, the United States, Canada, Australia, New Zealand or South Africa. If the language of instruction (English) is not clearly stated in the degree certificate, it is to be verified by a certificate signed by a university official.

Academic requirements

The programme is designed for outstanding and motivated students who have successfully completed a Bachelor's degree in international business, business administration, management or a related subject. If students have completed a Bachelor's degree in another field, they must provide proof of sufficient knowledge of management and international business.
Preference will be given to candidates who have relevant academic or practical experience and whose applications show evidence of interest in a career in the field of international business.

Enrolment fees

The contribution to student services currently amounts to 42 EUR per semester. An additional charge of 65 EUR per semester covers the mandatory basic "semester ticket", a transit pass that provides students with unlimited access to public transport in the metropolitan region of Nuremberg from 7pm to 6am on weekdays and at all times at weekends. (For an additional optional charge, the validity of the pass can be extended to 24 hours a day, seven days a week.)

Costs of living

The cost of living can only be approximated very generally, as the needs and living conditions of every student are different.
Rent: 250-600 EUR per month
Health insurance, doctor, medicine: approximately 70 EUR per month
Food: approximately 165 EUR per month
Study materials: approximately 30 EUR per month (depending on the subject)
Transport: minimum 65 EUR per semester
Student services: 42 EUR per semester
For more information, see: http://www.fau.eu/study/prospective-students/financing-your-studies/costs-of-studying
General information on the average cost of living in Germany is available online: http://www.internationale-studierende.de/en/prepare_your_studies/financing/costs_of_living

Job opportunities

A comprehensive range of internships, working student positions, and other student jobs are offered by a variety of companies in the greater Nuremberg area.

Funding opportunities within the university

The Central Office for International Affairs offers scholarships from Bavarian state funding to allow highly qualified international students in Master's, "Diplom", and State Exam degree courses to complete their degrees.
http://www.fau.eu/international/international-applicants/bachelors-masters-state-examinations/during-your-studies/scholarships-for-international-students-about-to-graduate/

Arrival support

One week before semester start an, orientation week is organised during which students have the chance to meet fellow students and learn more about the programme (including sightseeing tours, company visits, pub crawl, welcome party, help with enrolment and other pending administrative issues).

Services and support for international students

The Student Advice and Career Service (IBZ) will provide you with detailed information on all important topics relating to your studies (study courses, subject combinations, application requirements, support with organising your study programme and complying with all assessment/examination requirements) and on settling in at the beginning of the semester (coping with particular difficulties, changing subjects or suspending studies). For more information, see http://www.fau.eu/study/prospective-students/student-advice.
The Career Service of FAU will provide you with information on career opportunities and the specifics of an application procedure in Germany. For information, see: http://www.fau.eu/study/current-students/career-service.
The Student Service Centres (SSC) and student advisers in the faculties will provide you with further advice on your particular course of study. Programme coordinators organise subject-related orientation events and guide you through the entire study period.
The Central Office for International Affairs (RIA) will provide you with detailed information on accommodation, visa issues, and scholarship possibilities. In cooperation with the IBZ, it also organises information events and general orientation courses for first-semester-students.
See: http://www.fau.eu/international/international-applicants.
The Alumni network provides students with many topics and events for professional advancement. See: http://www.fau.eu/alumni.

Accommodation

Erlangen and Nuremberg are attractive cities with a historic flair and modern infrastructure. Therefore, the housing market is quite tight. FAU will do its best to assist new students in finding accommodation.
Student halls in Erlangen and Nuremberg can only provide accommodation for a small number of students. Another option is the private housing market. If you extend your search to neighbouring towns, such as Fürth and Forchheim, your choice of accommodation is much larger and rents are lower, while the well-developed local public transport system ensures that you're never far away from the university. In addition, there is the option to sublet a room, or you can share a flat with other students. This option not only saves you money but also helps you settle in quickly and make friends in your new home. You can find information to help with your housing search on specialised websites and the university's notice boards.
Detailed information on finding accommodation is available at http://www.fau.eu/international/international-applicants/important-information.
If you need further assistance, you can also turn to the Accommodation Service of the Central Office for International Affairs (RIA). E-mail: accommodation@fau.de.
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Study mode:On campus Languages: English
Local:$ 5.36 k / Semester(s) Foreign:$ 8.15 k / Semester(s)
Deadline: Jul 31, 2024 StudyQA ranking: 3652