Program Overview

Introduction to the Master of Science in Economics and Business Administration

The Master of Science in Economics and Business Administration (Finance) is a two-year, research-based, full-time study program. The program is set to 120 ECTS credits and is offered in English.

Basis in Ministerial Orders

The Master's program is organized in accordance with the Ministry of Higher Education and Science's Order no. 2285 of December 1, 2021, on Full-time University Programmes (the University Programme Order) and Ministerial Order no. 2271 of December 1, 2021, on University Examinations (the Examination Order).

Campus and Faculty Affiliation

The program is offered in Aalborg and falls under the Faculty of Social Sciences and Humanities, Aalborg University.

Study Board Affiliation

The Master's program falls under the Study Board of Economics and Business Administration.

Admission Requirements

Applicants with a legal right of admission (retskrav) include:

• Bachelor (BSc) in Economics and Business Administration from Aalborg University. Applicants without legal right of admission are evaluated and prioritized individually based on their concrete and unique situation. These include:
• Bachelor (BSc) in Economics and Business Administration from Copenhagen Business School (CBS).
• Bachelor (BSc) in Economics and Business Administration from Roskilde Universitet (RUC).
• Bachelor (BSc) in Economics and Business Administration from Syddansk Universitet (SDU).
• Bachelor (BSc) in Economics and Business Administration from Aarhus Universitet (AU).

Program Specifications

The program entitles the graduate to the Danish designation Kandidatuddannelsen i erhvervsøkonomi, cand.merc. (finansiering), and the English designation Master of Science (MSc) in Economics and Business Administration (Finance).

Competence Profile

The purpose of the Master of Science (MSc) in Economics and Business Administration (Finance) is that the candidate has the following competence profile after graduation:

• Knowledge of finance based on state-of-the-art international research.
• Ability to understand and scientifically reflect on the knowledge of the subject area.
• Mastery of scientific methodologies and tools of the subject area.
• Ability to evaluate and select among scientific theories, methodologies, tools, and general skills.
• Ability to communicate research-based knowledge and discuss professional and scientific issues.

Structure and Contents of the Program

The program provides knowledge, skills, and competencies within financial theory and methods. It includes modules such as:

• Principles of Finance
• Quantitative Methods in Finance
• Financial Data Analysis
• Portfolio Theory and Financial Applications
• Advanced Corporate Finance
• Empirical Finance
• Financial Derivatives
• Asset Management and Hedge Fund Strategies
• Mergers and Acquisitions

Electives

In the third semester, students have the option to attend a semester at a Danish or foreign university, which must be pre-approved by the Study Board of Economics and Business Administration. Additionally, there are various elective modules available, including:

• Project-based Business Cooperation
• Risk Management in Financial Institutions
• International Finance
• Empirical Methods for Corporate Finance
• Fixed Income Securities: Theory and Applications
• Business Valuation Challenge
• Financial Trading Challenge
• Entrepreneurial Finance
• Business Design
• Sustainability and Non-Market Strategy
• Causal Design for Decision Making in Business
• Responsible Business: Sustainability, Compliance and Control Issues
• International Marketing
• International Sales and Negotiations
• Strategic Brand Management
• Global Environmental Dynamics and Firms Responses
• Internationalisation in Emerging Product and Geographic Markets
• Internationalisation of Diverse Organisational Forms
• Multinational Corporations and Ecosystems: Innovation for Sustainable Development
• Advanced Innovation Management
• Intrapreneurship - intro course across studies

Master's Thesis

The Master's Thesis is a 30 ECTS credit project that is externally examined.

Additional Information

For further information, please refer to the program's website. Regulations regarding written products and the Master's Thesis are also available.

Commencement and Transitional Rules

The curriculum is approved by the Dean and enters into force as of September 1, 2022. The Study Board does not offer teaching following the previous curriculum from 2020 after the summer examination 2023.

Amendments to the Curriculum and Regulations

The Vice-dean has approved changes to the module "Contemporary Issues" and other revisions, which are valid as of September 2022 and autumn 2023.