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Degree
Master of Arts, MA

Language
EN

Duration
4 Semester | full-time

Sprache
Englisch

Curriculum

The MIB curriculum compliments our students’ previous education by emphasising knowledge about the institutional, behavioural, and normative determinants of performance in complex social, political, and cultural contexts of global business.

1. Semester

Principles of Economics

This course aims at familiarizing students with basic concepts of micro- and macroeconomics.

Principles of Accounting

This module will introduce students to the principles of financial and managerial accounting. Students will gain an understanding of the structure, details and connections between the balance sheet, income statement/P&L statement and cash flow statement. Students will also explore management accounting, including cost accounting, planning, and control and performance management.

Principles of Finance

The aim of the module is to introduce the principles of corporate finance and finance theory. In particular, the financial system, valuation and capital budgeting, risk and valuation under uncertainty, capital structure and financing decisions and principles of market valuation will be addressed.

Principles of Statistics

The central objective of this module is to enable students to apply the methods of statistics, probability theory and statistical decision theory to typical decision problems under uncertainty that managers face in actual business settings. The teaching approach is case study based using real life economic, financial and business data.

Principles of Management

The course will deal with the foundations of management studies, including basics of strategic management, competition and organisation. In addition, the course will deliver insights into modern approaches to management and new forms of organisation, which are of high relevance in today’s fast changing environment.

2. Semester

Financial Development & Growth

In this module students are confronted with the key factors driving (and hindering) financial development and the implications for growth. To this end, students will be introduced to the main theories of financial intermediation, the empirical evidence on finance and growth, the history of financial development in mature economies and to the challenges of financial development in emerging market and developing economies today.

International Business Environment

In this class, students will learn about the process of growth, institutions of a market economy, and how to assess business environments across the world.

International Strategy

The lectures focus on the foundational tools in strategy, analysing the international business environment, analysing the internal operations of the firm, the sources of competitive advantages, leveraging competitive advantages globally, and aligning the strategy with operations management.

International Marketing

The module introduces students to marketing theory and practice. It critically reviews contemporary issues in international marketing and provides insights into the development of competitive strategies and international marketing management within the context of consumer goods, industrial goods and services.

Practical Ethics in International Business

The lectures in this course will cover the ethics of economic interaction, ethical reasoning and rational ethical argument and sustainable development. This course also provides students with many opportunities to apply the theory learned in the lectures.

Semester 3

Elective 1

Students must choose one module as an elective module during the third semester. The structure of each module will vary depending upon on which module is chosen by the individual student. A list with available electives will be published by the end of the second semester. The offer includes financial topics (such as Renewable Energy Finance), economic courses (such as Causes & Contagion of Financial Crisis) and general management related subjects (e.g. Digital Marketing and Diversity Management).

Leadership & Intercultural Management

This module combines different perspectives and approaches to leadership in a cross-cultural environment. It provides theoretical framework and concepts to better understand cultural differences, through which we can develop competences and adopt attitudes to help us keep an open mind for different cultures and, at the same time, overcome barriers and harness pitfalls.

PPP & Project Finance

The lectures focus on market structure options, conduct regulation, ownership options, and implications for finance.

Regional specialisations (choose one)

Regional specialisations

All regional specialisations follow the same pattern. There are lectures on “Development of regional economies” and “Doing business in the region”. This is followed by an excursion to the region. Throughout the semester students work on a business case which is organised as a competition with practitioners as contact person.

African Business Relations

Participants of African Business Relations achieve a basic understanding of African economies. The module aims at students who are interested in gaining an overview about the complex region and who wish to understand the potential for business in the future, paying also attention to development issues.
The excursion in Africa is scheduled for Nairobi, Kenya, which will include business, government, academic and cultural visits.

Asian Business Relations

Participants of Asian Business Relations achieve a basic understanding of East Asian economies, mainly China. The excursion is scheduled for various cities in China such as Beijing and Shanghai. Via the excursion to China, students get first-hand experience of the region and have the opportunity to talk to Chinese and foreign experts and managers about the results of their studies.

Latin American Business Relations

The module offers an introduction into major economic trends of the region, with a focus on its lead economy, Brazil. The excursion in Latin America is scheduled for major cities in Brazil. With a view on practical and application-orientated issues, the excursion will include business, government, academic and cultural visits.

Semester 4

Elective 2

Students must choose two modules as elective modules during the fourth semester. The structure of each module will vary depending on which modules are chosen by the individual student. A list with available electives will be published by the end of the third semester. The offer includes financial topics (such as Renewable Energy Finance), economic courses (such as Causes & Contagion of Financial Crisis) and general management related subjects (e.g. Digital Marketing and Diversity Management).

Elective 3

Students must choose two modules as elective modules during the fourth semester. The structure of each module will vary depending on which modules are chosen by the individual student. A list with available electives will be published by the end of the third semester. The offer includes financial topics (such as Renewable Energy Finance), economic courses (such as Causes & Contagion of Financial Crisis) and general management related subjects (e.g. Digital Marketing and Diversity Management).

Study abroad option

You have the option to study at one of our international partner universities and use the credits from your study abroad replace the electives.

Thesis

In this module, students have to write their master’s thesis. The master’s thesis is an independent research activity. As preparation for the master’s thesis students will participate in a research methods workshop which will introduce students to both qualitative and quantitative methods of research.