Master of Business Administration (MBA)

Program Overview

Business Administration

Master of Business Administration (MBA)

Degree

Master of Business Administration (MBA)

Description

The degree for future top managers: As a general course of study, the MBA conveys in-depth specialist knowledge from all areas of management, such as economics, marketing, financial management, business law and digitalisation. You will work on your professional and personal leadership skills by working in groups and examining case studies.

After completing your MBA, you will be able to take on a management role in an international company, develop and implement global strategies and optimise cross-company procedures.

Locations

• Essen
• Berlin

Duration

3 semesters inclusive Thesis

Credit Points

90 ECTS

Total Costs

17,500.00 euro (including examination fee and immatriculation fee)

Accreditation

FOM University of Applied Sciences is accredited by the German Council of Science and Humanities and was the first private university in Germany to be system-accredited by FIBAA in 2012. This means that all FOM degree programmes are state and internationally recognised. In addition, the FOM University of Applied Sciences has been awarded the “Excellence in Digital Education” seal by FIBAA for its outstanding quality in digital teaching.

Career Prospects

You can take on the following jobs:

• General Manager
• Senior Consultant
• Head of Human Resources
• Head of Marketing
• Entrepreneur
• Start-up founder

Semester Overview

1st Semester

• Economics (5 CP)
  • Supply and demand
  • Costs and revenues
  • Theory of the firm
  • Factor markets
  • Market failure
  • Unemployment and inflation
  • Money and monetary policy
  • Policy approaches
  • International trade
• Marketing & Communication (6 CP)
  • The role of marketing
  • Market analysis
  • Company Analysis
  • SWOT-Analysis
  • Marketing objectives
  • Marketing mix
  • Communication: Internal, External, Digital, International
• HR & Leadership Competencies (5 CP)
  • General Framework of Human Resource Management
  • Corporate Culture
  • Leadership in teams
  • Motivation Theory
• Financial Management (6 CP)
  • Objectives in financial management
  • Stakeholder vs. Shareholder Management
  • Ethical aspects in financial management and corporate governance
  • Financial planning
  • Investment
  • Cash management
• Management Decision-Making (5 CP)
  • Decision-Making techniques
  • Rational and intuitive decision models
  • Information requirements and information management
  • Managing risk and uncertainty
• Research Methods (5 CP)
  • Organisation and management research
  • Research strategy and design
  • Questionnaire and survey design and sampling techniques
  • Analysis of quantitative data
  • Dilemmas of research choice

2nd Semester

• Strategic Corporate Management (6 CP)
  • Strategic analysis
  • Theoretic approaches
  • Strategy formulation
  • Choices and implementation
  • Different strategic context
• Value-based Controlling & International Accounting (5 CP)
  • Classification of accounting methods according to IFRS in the national and international normative context
  • Goals, objectives and principles of IFRS accounting methods
  • Components of IFRS annual financial statements
  • General reporting and valuation rules of the IFRS
  • Value-orientated controlling and indicator systems
  • Possible applications and limitations of value-orientated indicators/systems for performance measurement and management through controlling
• International Investment (5 CP)
  • Theoretical foundation of asset management
  • Information content of derivatives and instruments
  • Corporate diversification and hedging
  • Net present value vs real options
  • Planning of earnings, investments and finance
  • Analysis of earnings, cash flows and assets/liabilities
  • Finance and investment decisions (e.g. Private Equity, M&A)
  • Shareholder value management
• VERTIEFUNGSRICHTUNG: International Management
  • International Strategy & Sales Management (6 CP)
    • Sales Goals
    • Structure
    • Organisation, Personal and Team Selling (negotiation skills)
    • Selection and Management of Distribution
  • International Entrepreneurship & Innovation (6CP)
    • Business Plan
    • International Business Activities
    • Structuring and developing a Innovation Management Process
    • Structuring and developing a (Digital) Business Model and (Digital) Value Chain

3rd Semester

• International Business Law (5 CP)
  • Main features of the German legal system and embedment in European and international law
  • Basics of contract law (including European and international references)
  • Basics and current developments of commercial and corporate law
  • Industrial property rights - Introduction to the national, European and international competition, trademark and patent law
  • Basics of international arbitration procedures
• Master’s Thesis and Colloquium/Defence (25 CP)

Admission Requirements

• University degree with 210 ECTS:
  • applicants with a university degree worth 180 Credit Points may be admitted to a course after appropriate professional experience or other university achievements are recognised
• One year’s professional experience after the first degree
• English language level B2

Tuition Fees

• Total fees: 17,500.00 euro (including examination fee and immatriculation fee)
• Tuition fee: 17,500.00 euro
  • 1st Instalment (Deposit fee): 500 euro (has to be paid after receiving the invoice in order to secure the admission)
  • 2nd Instalment: 12,588.50 euro (payable immediately upon receipt of invoice before the 1st semester)
  • 3rd Instalment: 4,411.50 euro (payable before the 3rd semester)