Management

The Master's in Management is a consecutive business science programme which addresses applicants holding an undergraduate degree in a business-related field of study. The programme starts each year in September. The language of instruction is English.
The Master's in Management programme offers you unique opportunities to develop expertise in all key areas of business administration and to gain international and practical experience.

You can expect a programme which offers:

• concentrations in: Accounting, Economics, Entrepreneurship & Innovation, Marketing & Sales, Strategy, and Supply Chain Management
• an integrated study abroad time
• an integrated internship
• the option to acquire an additional Master's degree from selected partner universities
• an international and personal atmosphere hardly found elsewhere

The WHU culture is founded on team leadership, partnership, and continuous innovation. We believe that by creating both a challenging and supporting environment, we give our students the space to develop their own potential whilst providing them with the tools to become successful leaders. This philosophy is embraced and enhanced in the Master's in Management programme.

Educational organisation

The Master's in Management programme is offered in two tracks: A 90 ECTS credit track (17-month programme) and a 120 ECTS credit track (21-month programme). The 120 credit track includes a semester abroad at one of WHU's partner universities.

Core and Concentration Modules
The Master's in Management starts in September each year with two study sections on the WHU campus in Vallendar. You are required to complete the core module as well as additional nine electives across the following six concentrations:

• Accounting
• Economics
• Entrepreneurship & Innovation
• Marketing & Sales
• Strategy
• Supply Chain Management

General Studies & Capstone Module
Three credits of the programme are dedicated to the general studies module. This module covers topics concerning sustainability in all its facets. Together with the capstone module, it provides the opportunity to integrate acquired knowledge.
The international capstone module (only in the 90 credit track) consists of customised lectures on chosen topics as well as company visits. It includes a trip to one of the business metropolises in America, Asia, or Europe. In the national capstone module for students in the 120 credit track, students will participate in several workshops together with company representatives to work on problem solutions for real-life cases concerning sustainability.

Internship
Practical relevance and exposure to the real business world are key strengths of the Master's in Management programme. Students are required to complete a minimum six-week internship, allowing them to apply and extend the knowledge acquired during their studies.

Study Abroad
As international exposure is an important element of integrated management training at WHU, students in the 120 credit track will spend one semester abroad at one of WHU's about 200 partner universities worldwide. During this study abroad, students are enrolled in the Master's or MBA programme of the chosen partner university.

Master's Thesis
The Master's thesis concludes the studies, providing students with the opportunity to demonstrate and apply the theory and knowledge they have acquired. Throughout the thesis, students will be supervised by a WHU faculty member. Students may also write their thesis in collaboration with a company.

Double Degree Option
A significant number of our students will choose WHU's double degree option. They will spend two semesters abroad at selected partner universities and earn a full second degree in addition to the MSc degree from WHU.

Study abroad unit(s)

International experience is an important element of the Master's in Management programme. Students in the 120 credit track will spend one semester abroad at one of WHU's about 200 partner universities worldwide. During this study abroad, students are enrolled in the Master's or MBA programme of the chosen partner university.
Students in the 90 credit track will participate in the international capstone module. This module implies a trip to one of the business metropolises in America, Asia, or Europe.

Internships

An internship of at least six weeks is to be completed at the end of study section II. Our Career Center will assist students in finding an appropriate internship.

Forms of assessment

Modules may use more than one type of assessment, enabling students to demonstrate their capabilities in different ways, e.g., working both individually and in teams. Methods used include formal examinations, individual coursework, essays and assignments, reports, and case study analyses.

Course objectives

The Master's in Management prepares participants for managerial positions in companies and organisations through an academically rigorous course of studies. At the same time, the programme is designed to set the foundation for further academic qualification.

Language requirements

As the teaching language is English, applicants have to provide proof of their English skills.

WHU accepts the following tests and results:
TOEFL score of at least 100 points (Internet-based); IELTS of 7.0 (Academic Module), or Cambridge Certificate of Advanced English (CAE-A/CPE).

Exceptions are native English speakers or applicants who have earned a first academic degree taught entirely in English.

Academic requirements

Applicants must hold a Bachelor's degree or equivalent from an accredited college, university or technical school in a business-related field of study, comprising at least 180 ECTS credits. In addition, several months of practical and international experience are required (e.g. gained through study or internship abroad). The admission requirements also include a TOEFL (score of at least 100 on the internet-based test) or IELTS (band 7.0). In addition, candidates must have a GMAT score of at least 600, or a GRE with at least 155 verbal and 155 quantitative, or a TM-BASE of at least 102.
Applicants can begin the online application process by visiting our website and applying online.

Step 1: Start the Online Application
Complete the online application and the biographical questionnaire and send it together with the supporting documents. Students will find detailed information on how to apply, including the application itself, at http://www.whu.edu/msc/applications.
We carefully review complete applications and invite qualified candidates to an admission test.

Step 2: Participate in the Admission Test
The Admission Test consists of two one-on-one interviews; one of the interviews is combined with a presentation on a self-chosen, management/ finance-related topic.
Applicants have two options: They will either participate in one of the On-Campus Admission Tests or, if they live far away from Germany, attend one of our Off-Campus Admission Tests via Skype interviews.

Enrolment fees

A non-refundable fee of 90 EUR is charged for processing applications.

Costs of living

Approx. 700 EUR per month to cover personal expenses

Funding opportunities within the university

WHU offers a series of financing options in order to ensure that everyone who has successfully passed the admission process and obtains an offer is able to participate in the WHU MSc programmes.

Financing Options at WHU:

The In Praxi - Diversity Scholarship
In Praxi, the WHU Alumni Association, has launched this scholarship. Its purpose is to help young qualified applicants from foreign countries to gain more courage, self-confidence, and strength by providing them with financial aid and interpersonal support. The scholarship covers 50% of WHU's tuition fee and is offered to students who will not be able to finance their studies on their own. In order to apply, students need to hand in a letter of motivation. Of advantage are documents indicating the need for financial support as well as a letter of recommendation from a faculty member of the former university.

The In Praxi - Women in Business Scholarship
This scholarship seeks to help particularly qualified women pursue their studies at WHU. The scholarship covers 50% of WHU's tuition fees and is offered to students who will not be able to finance their studies on their own.

WHU Brain Capital
A further possibility for students to finance their studies at WHU is the Brain Capital Tuition Financing Concept. Students participating in this model do not pay any tuition fees while studying at WHU. However, they commit themselves to make income-dependent payments upon completion of their studies. The total amount of payments is linked to the income earned. To learn more about this concept, please refer to http://www.whubraincapital.de/en/.

Deutschlandstipendium
Within the framework of the scholarship programme "Deutschlandstipendium", WHU grants annual scholarships every winter semester to students who are especially talented, skilled, and dedicated, and who distinguish themselves through outstanding social and societal commitment. The scholarships amount to 300 EUR each per month and are granted for a period of twelve months, with the possibility of extension.
http://www.whu.edu/mim/financial-aid/

Arrival support

The MSc team and the International Relations Office provide arrival support.

Services and support for international students

The MSc team and the International Relations Office provide support in matters concerning studies and daily life.

Accommodation

Vallendar and the surrounding area offers excellent accommodation opportunities, ranging from private apartments to halls of residence, right up to "last-minute beds". Rents range from 250 to 600 EUR, including heating.
Most students choose to live near the campus, taking advantage of the proximity to lectures and the opportunity to get together at any time.
In addition to public notice boards, WHU students can access apartment lists of any apartments in the area that landlords have reported as vacant.
New students looking for an initial foothold before beginning their studies as well as students returning from their semester abroad or those wishing to move during the semester can request either a hard copy or a file version of this list.
Students will find an overview of the various types of accommodation at: https://www.whu.edu/en/campus/campus-vallendar/housing-and-overnight-stays/.