International Business and Economics (B.A.)

Study International Business and Economics in Schmalkalden

In International Business and Economics, you will study five semesters of business administration and economics in Thuringia in English. A special feature of the system-accredited degree program is the integrated and thus guaranteed semester abroad at one of our more than 70 partner universities in Europe, North America, Latin America, Asia or Australia. Optionally, you can also complete several semesters abroad. Abroad, you can attend lectures in English as well as those in the local language.

The study program is generally to be completed in English, although some modules may be studied in German as an option. You have a great opportunity to specialize your studies individually, since 110 of the 180 ECTS are achieved through elective courses. Within the framework of the elective courses, you will often work in small groups on practical case studies.

As a graduate of our competitive degree program, you will have career opportunities especially in export-oriented and international companies. Alternatively, it is possible to obtain a master's degree in our International Business and Economics program, which is also taught in English and again includes a semester abroad. In recent years, more than 80 percent of the Master's students have come from abroad. Excellent Master's graduates have the opportunity to pursue a cooperative doctorate, which is possible at the faculty with our international partner universities.

As with all public universities in Germany, no tuition fees are charged at Schmalkalden University of Applied Sciences. As is also customary, there is a semester fee for the student services, the student union, and a semester ticket (free local transport ticket).

The 6-semester Bachelor's program International Business and Economics consists of five elements:

• 12 mandatory modules (60 ECTS credit points)
• elective modules (110 ECTS credit points)
• one semester abroad at one of our over 70 partner universities
• course work (in preparation for the Bachelor's thesis)
• 8-week Bachelor thesis (10 ECTS credit points)

International Business and Economics covers a broad range of knowledge that provides students with professional and methodological competences in economics. In addition to the basics of business administration and economics, students should also consolidate and train their language skills. Click here for the module descriptions.

Mandatory modules:

Mathematics, Statistics, Soft Skills, Marketing, Finance and Investment, Intercultural Management, Principles of Economics, Microeconomics, Macroeconomics, Financial Accounting, Cost Accounting and Digital Business. (60 ECTS credit points)

At our faculty, several modules are offered in each of 13 different elective areas. You determine your own personal focus by selecting different modules. 110 ECTS credit points have to be acquired. You have a wide choice of electives from our elective areas. Further options exist within the framework of the recommended semester abroad.

Electives in business administration:

• Procurement and Production
• Entrepreneurship and Innovation Management
• Corporate and Behavioural Finance
• Management Accounting and Management Control
• Marketing
• Human Resource Management and Organisation
• Taxes and Accounting
• Tourism Management
   

Electives in economics:

• Finance
• Health and Evironmental Economics
• International Economic Relations
• Legal, Behavioural and Strategic Economics
• Transport and regional policy

At least 135 of the 170 ECTS credit points to be acquired through lectures in the International Business and Economics program must be completed in English. At least 25 of the ECTS credit points to be earned in elective modules must be earned during the semester at a foreign partner university.