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Goals and contents

Business Campus Schmalkalden: modern Audimax on the left, Mensa on the right

Key facts

  • Dedicated faculty to support your professional goals
  • 2 semesters in Schmalkalden, 1 abroad and 1 master thesis
  • Subject areas: management, international business, accounting, computer-based analysis, advanced economics, international economics and philosophy

Our areas of competence

The Faculty of Business and Economics considers itself a service organization. We constantly endeavor to provide a general setting and the prerequisites needed to ensure that our students get the best education possible: a comprehensive curriculum, well-structured lectures, and teaching material presented in an appealing way. You are an integral part of our service: The programme’s success depends both on your desire to learn and to occupy yourself with its contents, as well as on your willingness to communicate and collaborate with fellow students in your new environment.

The Faculty of Business and Economics is equipped with all kinds of seminar rooms, excellent technical facilities and state-of-the-art hardware and software.

Your goals

You want to

  • deepen and broaden your understanding of advanced business and economics issues on an international level,
  • examine the philosophical and methodological foundations of these subjects,
  • develop and professionalize your international skills and talents and/or
  • gain the social and academic qualifications required for acceptance into a doctoral program,

and, in doing so, you will benefit from this Master program in International Business and Economics.

Structure and content of the degree

In international business, it is no longer important to distinguish between business administration and economics when faced with specific decisions: government policies affect economic decisions; corporate behavior in turn influences international politics. Thus, from our point of view, it is important that an international master’s degree directs its attention to both the whole economic realm as well as to specific topics often dealt with on the business administration level. The view and the insights we like to develop and share with you are based on an understanding gained and derived from applied research. The Master of Arts in International Business and Economics is a four-semester program lasting 24 months.

The first two semesters take place in Schmalkalden. During this time, you will take part in an international seminar that is designed to prepare you for the semester abroad. All courses are offered as electives. A current list of courses can be found at our home page. They are for instance.

There will be options to study the third semester in Schmalkalden or at one of our partner universities. During this period you will earn a further 30 ECTS within the subject areas listed above. During the fourth semester – either in Germany or abroad – you will write your master thesis (20 weeks) – in either English or German – with the intent to further develop your personality, academic understanding and your ability to carry out research.

All of the courses are held in English. German language proficiency is not required. A total of 120 ECTS credits are earned. Due to the high number of elective courses even without German language proficiency you will still have a tremendous choice of courses.

 

Subject areasCoursesSWSECTS
ManagementOrganisational Behaviour 36
Marketing Communication 36
Strategic Brand Management 36
Automotive Technology Management 36
Purchasing Strategy 2.55
International BusinessBusiness in Hispanic America 48
Intercultural Management 48
International Human Resources Management 36
AccountingManagement Control Systems 2.55
Investment Appraisal 48
Computer-Based Analysis Econometrics 48
Linear Regression in Economics and Business 2.55
Advanced Economics Labour Economics 2.55
Regional Economics 2.55
Institutional Economics 2.55
International Economics International Financial Markets and Portfolio Selection Theory 48
International and European Economic Law 36
International Monetary Economics 2.55
Philosophy Philosophy of Science 2.55
Political Philosophy 2.55
Economic Philosophy 2.55

 

The international office also provides optional German as a foreign language classes. Additionally, you will also be able to choose from further courses in German.