The study program for the Master of Science further aims to:

  • Identify, evaluate and synthesize the relevant scientific management theories, frameworks and models
  • Interpret the disciplinary knowledge related to the state-of-the-art capabilities and use of technologies and best practices in organizations
  • Demonstrate awareness of contemporary issues in the professional issues and latest development in the various fields of management, both in theory and practice
  • Apply analytical capabilities and problem solving skills in order to address current issues in the selected fields of Management based on a scientific approach
  • Interpret a set of various research approaches and methods applicable for business research in general and for the selected field of Management in particular
  • Demonstrate the capability to critically and reflectively engage ethical issues in business, particularly questions of social responsibility and professional practice
  • Demonstrate ability to conduct advanced academic research and pursue further studies and to do research nationally and internationally

Master students may choose among the following specializations:

Master of Science in Accounting & Financial Analysis

This Master program provides advanced knowledge and skills in both fields of Accounting and Finance with the ability to integrate both fields and apply specialized state-of-the-art knowledge to address research and practice-related issues in Financial Analysis.

Master of Science in Finance & Economics

This Master program provides advanced knowledge and skills in both fields of Finance and Economics with the ability to integrate both fields and apply specialized state-of-the-art knowledge to address research and practice-related issues in financial management based on econometric models.

Master of Science in International Business & Management

This Master program provides advanced knowledge and skills in both fields of International Business and Strategic Management with the ability to integrate both fields and apply specialized state-of-the-art knowledge to address research and practice-related issues in the management of international corporations and transnational business.

Program structure

The Master of Science study programs in Accounting & Financial Analysis, Finance & Economics and/or International Business & Management consists of 4 semesters. Students earn a total of 120 ECTS credit points according to the European Credit Transfer and Accumulation System. The study programs include the following modules:

Scientific Skills and General Studies: strong competencies in scientific methods and other academic skills are prerequisites for the success of the study program; as far as students have already acquired these in their Bachelor studies, they can broaden their academic horizon through electives in various fields

Advanced Scientific Skills: to strengthen the research competencies students must advance their skills to a higher level of research methodology and quantitative analysis; furthermore, specific research competencies are to be developed in the selected area of specialization that will also be the domain for the Master thesis

Specialization: core courses from specializations (“Major”) related to the selected Master program:

 

Master program

Major 1

Major 2

Accounting & Financial Analysis

Accounting/Control

Finance

Finance & Economics

Finance

Economics

International Business & Management

International Business

Strategic Management

Integration: in-depth courses to integrate the selected Majors and to obtain the most advanced and recent knowledge and skills

Master Thesis & Defense: research based on state-of-the-art methods

 

Curriculum

Scientific Skills & General Studies

Code

Course

ECTS

HUMA

Communication & Presentation Skills

2

MGMT

Research Methodology

5

MGMT

Quantitative & Qualitative Analysis

4

 

Alternatively to above courses e.g.

Business Law, Economic Development Consumer Behavior, Game Theory

 

 

Advanced Scientific Skills

Code

Course

ECTS

MGMT

Advanced Quantitative Analysis

4

MGMT

Advanced Research Methodology

5

 

Research Seminar

4

 

Major Courses (see list below)

Code

Course

ECTS

 

4 Major courses + Seminar

5

 

5

 

5

 

5

 

3

 

Integration Courses ‘Accounting & Financial Analysis’

Code

Course

ECTS

FINC

Financial Management

5

MGMT

Financial Modelling

5

FINC / ECON

2 courses (2+2) out of:

Corporate Governance

Advanced Banking Management

International Finance

Advanced Econometrics

Dynamic Economic Analysis

Mathematical Economics and Finance

10

 

Integration Courses ‘Finance & Economics’

Code

Course

ECTS

ECON

Mathematical Economics and Finance

5

FINC

Financial Management

5

FINC / ECON

2 courses (2+2) out of:

Advanced Banking Management

International Finance

Financial Modelling

Advanced Econometrics

Dynamic Economic Analysis

Advanced Economic Development

10

 

Integration Courses ‘International Business & Management’

Code

Course

ECTS

FINC

International Finance

5

MRKT

International Marketing

5

FINC / ECON

2 courses (2+2) out of:

Corporate Governance

Dynamic System Analysis

Leadership & Motivation

Advanced Economic Development

10

 

Master Thesis

Code

Course

ECTS

MGMT

Master Thesis

30

 

Major Courses

Accounting & Management Control Major

Code

Course

ECTS

CTRL

Financial & Management Control Systems

5

CTRL

Financial Reporting & Analysis

5

CTRL

Intermediate Accounting I

5

CTRL

Intermediate Accounting II

5

CTRL

Seminar in Accounting

3

 

Economics Major

Code

Course

ECTS

ECON

Microtheory

5

ECON

Macrotheory

5

ECON

International Trade

5

ECON

Introduction to Econometrics

5

ECON

Seminar in Economics

3

 

Finance Major

Code

Course

ECTS

FINC

Advanced Corporate Finance

5

FINC

Portfolio Management & Investm. Analysis

5

FINC

Banking Management & Credit Analysis

5

FINC

Derivatives

5

FINC

Seminar in  Finance

3

 

International Business Major

Code

Course

ECTS

IBUS

Transnational Management

5

IBUS

International Business Policy

5

IBUS

Intercultural Aspects

5

ECON

International Trade

5

IBUS

Seminar in International Business

3

 

Strategic Management Major

 

Code

Course

ECTS

STRA

Business Strategy

5

STRA

Change Management (Organization Change)

5

STRA

Strategic Analysis

5

STRA

Strategic Decision Making

5

STRA

Seminar in Strategic Management

3