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Students
Tuition Fee
EUR 5,730
Per semester
Start Date
Medium of studying
On campus
Duration
Program Facts
Program Details
Degree
Masters
Major
Management Consulting | Strategic Management
Area of study
Business and Administration
Education type
On campus
Timing
Full time
Course Language
English
Tuition Fee
Average International Tuition Fee
EUR 5,730
Intakes
Program start dateApplication deadline
2024-01-292024-06-28
2024-09-092024-12-21
2024-10-01-
About Program

Program Overview


The Strategic Management & Consulting (M.Sc.) program at CBS is a 120 ECTS master's program that prepares students for leadership positions in management or consulting companies. The program emphasizes the digital aspects of sustainable management, equipping graduates with the knowledge and skills to address the complex challenges of a rapidly changing world. Graduates are well-prepared for careers in management consulting, in-house consulting, strategy consulting, corporate development, project management, M&A advisories, and strategic positions in family businesses.

Program Outline


at a Glance:


Degree Overview:

The program emphasizes the digital aspects of sustainable management, equipping graduates with the knowledge and skills to address the complex challenges of a rapidly changing world.


Key benefits:

  • Develop advanced analytical and strategic thinking skills.
  • Learn to conduct empirical research and manage big data.
  • Apply cutting-edge digital tools and techniques to problem-solving.
  • Gain hands-on experience through projects, simulations, and internships.
  • Benefit from a global perspective through an international faculty and potential semester abroad.

Outline:

The program curriculum is designed to equip students with comprehensive knowledge and practical skills in strategic management and consulting. It follows a modular structure with a mix of core and elective courses.


Core Modules:

  • Semester 1:
  • General business teaching units (e.g., business economics, analysis of demand and supply, market structures)
  • Empirical research methods (developing research questions, data analysis, quantitative and qualitative research techniques)
  • Strategic analysis & management (strategic processes, competitive analysis, industry dynamics)
  • Innovation management & digital transformation (sources of innovation, digital age drivers, industry 4.0, digitalization-related theories)
  • Semester 2:
  • General business teaching units (e.g., corporate social responsibility, corporate governance, value-based management, sustainable supply chain management)
  • Consulting techniques (management consulting process, analytical and interactive data processing, report writing)
  • Evidence-based problem solving - case lab (strategic thinking, strategic formation, real-world case studies)
  • Data science (machine learning, artificial intelligence, neural networks, data mining)
  • Business intelligence (business intelligence fundamentals, KPIs, dashboards, report definitions, OLAP)
  • Semester 3:
  • Interdisciplinary competencies (e.g., international project management, language and communication skills)
  • Business elective (choose from various business and management topics)
  • Interdisciplinary elective (choose from courses outside your specialization)
  • Programme specific teaching units (e.g., strategic investment decision & risk management, experience lab: search engine marketing)
  • Business project (apply knowledge to a real-world business case)
  • Semester 4:
  • Elective area (choose two additional electives)
  • Industry 4.0 & system engineering (innovative concepts, technologies, use cases)
  • Environmental impact management and marketing (historical developments, industrial ecology, life-cycle-assessment, circular economy)
  • Strategic renewal & digital business models (corporate strategies, strategic change, emergent and prescriptive approaches)
  • Applied M&A & restructuring (buy and build strategies, mergers and acquisitions, venture capital)
  • Venture lab (entrepreneurial opportunities, business model development, pitch deck training)
  • Integrative case studies (apply theoretical knowledge to different company case studies)
  • Business simulation game (experience management decision-making in a simulated business environment)
  • Master thesis tutorial (learn the fundamentals for thesis development)
  • Master thesis (write your thesis in collaboration with a company or during a study abroad)

Assessment:


Assessment methods vary depending on the specific module and may include:

  • Individual or group assignments
  • Case studies
  • Presentations
  • Projects
  • Simulations
  • Exams (written and oral)
  • Business project report
  • Master thesis defense

Teaching:


CBS employs a modern and interactive teaching approach, relying on:

  • Experienced faculty with strong industry experience
  • Case studies and simulations
  • Guest lectures from business leaders
  • Workshops and group projects
  • Business project with real-world companies
  • Modern facilities and technology

Careers:


Graduates of the program are well-prepared for careers in:

  • Management consulting
  • In-house consulting
  • Strategy consulting
  • Corporate development
  • Project management
  • M&A advisories
  • Strategic positions in family businesses
  • Manufacturing industries
  • Start-ups

Other:


The program also offers several unique opportunities:

  • Internship opportunities with leading companies
  • Business skills training workshops (e.g., assessment center bootcamp, pitch training)
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About University
Masters
Bachelors

CBS International Business School

Total programs
74
Admission Requirements

EU Home Students:

  • Bachelor’s degree (or a comparable academic degree) with a minimum of 180 ECTS credits in a business or economics related field.
  • Evidence of strong analytical skills: Demonstrated through coursework or work experience.
  • English language proficiency: IELTS 6.5, TOEFL 88 (internet based), TOEIC 750 (listening & reading), CAE B2, CPE C1 (or a comparable language test).

Non-EU International Overseas Students:


In addition to the requirements for EU home students, international applicants must also meet one of the following criteria

  • Bachelor’s degree with at least 210 ECTS credits: This can be achieved by completing a four-year bachelor's degree program, or by completing a three-year bachelor's degree program followed by a one-year master's degree program.
  • University entrance qualification from their home country that qualifies them for university admission in their home country.

Additionally, non-EU international applicants must provide

  • A certified copy of their passport.
  • A certified copy of their academic transcripts.
  • These should be translated into German or English if the original is not in one of these languages.
  • A CV.
  • A letter of motivation.
  • Two letters of recommendation.
  • Proof of financial resources: This can be in the form of bank statements, scholarship awards, or a letter of sponsorship.
  • This can be done by submitting an internationally recognized English language test score, such as IELTS or TOEFL.

Language Proficiency Requirements:

  • English: IELTS 6.5 (overall), TOEFL 88 (internet based) or TOEIC 750 (reading and listening).
  • German: B1 level or equivalent (for students who wish to take a German language course at CBS).
  • The specific grade requirements for the Bachelor's degree.
  • The specific details of the required standardized tests.

Additional Points to Consider:

  • Admissions decisions are based on a holistic review of all application materials.
  • Applicants with strong academic records, relevant work experience, and strong English language skills will be given preference.
  • There are a limited number of places available in the program, so early applications are encouraged.

Resources:

  • Master of Science in Strategic Management & Consulting (M.Sc.
  • ): https://www.cbs.de/en/master/master-of-science-strategic-management-consulting/
  • Admission Requirements for International Applicants: https://www.cbs.de/en/international-admissions/
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