Master in International Business

Program Overview

The M.Sc. in International Business is taught entirely in English and is a general masters aimed also at students coming from a non-business field, who want to gain management and international business skilss and pursue an international career in various industries.

The program emphasizes practical applications through case studies and projects, and the lecturers come mainly from the business world, preparing students for successful careers in globalized business environments.

Graduates are well-positioned for careers in international development, management, marketing, supply chain management, finance, and entrepreneurship, among others, and benefit from the program's strong ties with industry and a network of international universities.

Program Outline

Program Objective: To provide students with a comprehensive understanding of international business principles and practices, equipping them with the necessary skills and knowledge for successful careers in a globalized business environment.

Target áudience: Bachelor graduates from any field who wish to acquire specific business expertise and broaden their professional perspectives.

Prior knowledge of business administration is NOT necessary!

Program Benefits:

• Strong ties with professional practice: The program boasts strong connections with companies and international universities, providing students with valuable networking opportunities and real-world experience.
• Excellent career entry opportunities: Graduates of the program have access to a wide range of career opportunities in international business.

Key Facts about this Program:

• Program Name: M.Sc. International Business
• Duration: 3 semesters + 1 semester for master thesis
• Degree Awarded: Master of Science (M.Sc.)
• Campus Locations: Dortmund, Frankfurt/Main, Munich, Berlin
• Accreditations: AACSB, FIBAA, German Accreditation Council
• Language of Instruction: 100% English
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• The admission process consists of uploading certain documents, an interview with program director and presenting a short case study powerpoint.

Program Content M.Sc. International Business

1st Semester

Principles of Business Administration

• Principles of Procurement & Production (2,5 ECTS)
• Principles of Marketing (2,5 ECTS)

Financial Reporting & Taxation

• Financial Reporting (3,5 ECTS)
• Taxation (1,5 ECTS)

Management Theory & Practice

• Corporate Management (2,5 ECTS)
• Strategic Management (2,5 ECTS)

Quantitative Methods for Business

• Business Mathematics (2,5 ECTS)
• Statistics (2,5 ECTS)

International Business

• International Management (2,5 ECTS)
• Intercultural Management (2,5 ECTS)

Principles of Finance

• Investment Theory & Finance (2,5 ECTS)
• Cost Accounting (2,5 ECTS)

2nd Semester

Leadership Skills

• Corporate Governance & Business Ethics (2 ECTS)
• Negotiation, Communication & Executive Presentations (2 ECTS)
• Leadership & Change Management (2 ECTS)

International Business Environment

• International Business Law (2 ECTS)
• International Financial Management (2 ECTS)
• International Financial Reporting (2 ECTS)

International Strategic Management

• Advanced Strategic Management (2 ECTS)
• Business Development (2 ECTS)
• International Business Game (2 ECTS)

Innovation Competence

• Innovation Management (2 ECTS)
• Project Management (2 ECTS)
• New Business Models & Design Thinking (2 ECTS)

Organizational Development

• Global HR Management (2 ECTS)
• New Work in International Organizations (2 ECTS)
• Transformation in the Global Environment (2 ECTS)

3rd Semester

Financial Planning & Rating

• Business Planning & Modelling (3 ECTS)
• Rating (3 ECTS)

Consulting Project

• Managing Consulting Projects (2 ECTS)
• Consulting Project (4 ECTS)

International Controlling & Corporate Finance

• Corporate Controlling (2 ECTS)
• Business Planning & Venture Capital (2 ECTS)
• Financial Risk Management (2 ECTS)

Marketing in a Globalized World

• Digital Marketing (2 ECTS)
• Customer Relationship Management (2 ECTS)
• Advanced Market Research (2 ECTS)

International Operations Management

• Global Sourcing (2 ECTS)
• Production & Supply Chain Management (2 ECTS)
• Logistics Management (2 ECTS)

MASTER'S THESIS (30 ECTS)

Teaching:

• Teaching Methods: The program utilizes a variety of teaching methods, including lectures, seminars, case studies, group projects, and simulations.
• Faculty: The program is taught by experienced and qualified faculty members with expertise in international business.
• Unique Approaches: The program emphasizes practical application of knowledge through real-world case studies and projects, fostering a strong connection between theory and practice.

Careers:

• Potential Career Paths: Graduates of the program are well-prepared for a wide range of careers in international business, including:
• International Business Development
• Global Marketing and Sales
• Supply Chain Management
• International Finance
• Consulting
• Entrepreneurship
• Career Outcomes: The program aims to equip students with the skills and knowledge necessary to succeed in a globalized business environment, leading to rewarding and fulfilling careers.
• Example: Tamara, a graduate of the program, secured a position as a Continuous Improvement Coach at Continental Japan, managing projects that contribute to the continuous improvement of internal processes.

Other:

Program Highlights:

• AACSB Accreditation: ISM is the only private German university of applied sciences holding the AACSB accreditation, a prestigious seal of quality that recognizes excellence in research and teaching.
• Top Position in CHE Master's Ranking: The ISM was rated very positively for all seven campuses in the current CHE university ranking for Master's degree programs, achieving four out of five stars in all ten categories.
• Program Focus: The program emphasizes the importance of international business studies as a foundation for many occupational groups, providing graduates with the specialized knowledge needed for their dream jobs.