Master of Science in Complementary Studies in Business Economics (Business Economics)
The Master in Business Economics has two main subjects, i.e. Business Economics and Taxation. In the field of Business Economics, you will become acquainted with the internal structures and processes that enable companies to achieve their objectives. The field of Taxation is gaining importance every day, as more and more individuals, companies and associations are confronted with increasingly complex taxation legislation.
This program is accredited by AACSB International – The Association to Advance Collegiate Schools of Business. AACSB is a global nonprofit association whose accreditation processes are ISO 9001:2015 certified.
What will you study?
The Business Economics main subject studies the functional aspects of an organisation: from its inception and management to its funding, financial reporting, administrative organisation, HR, production and sales of goods and services, and the role of management. Upon graduation, you will have learnt to look out for economic and entrepreneurship opportunities and understand the social implications of business economic decisions. In this programme, you will learn to combine previously acquired knowledge and skills with an understanding of business economics.
Programme
Programme structure
The study programme consists of a preparatory programme and a Master’s programme. The preparatory programme comprises a thorough basic knowledge of business economics
The actual Master’s programme (60 ECTS) contains five mandatory course units with a focus on the thorough mastery of financial and general management. You learn how to prepare a full financial statement and to interpret the numbers for investment decisions and valuation. You learn to assess the impact of different financing models on the value of an enterprise and to use cost price in decision and operational processes. In addition, the programme offers you a framework to think about the strategic choices organisations are faced with. The mandatory course units aside, the curriculum contains 21 ECTS worth of electives to either deepen your knowledge of one domain or broaden your knowledge across various domains. You can choose between the following clusters: entrepreneurship, service management, business informatics and operations management, corporate finance, accountancy or marketing and HR.
The Master's dissertation (15 ECTS) gauges your ability to apply the acquired knowledge to an in-depth study of a topic you choose. In consultation with your supervisor, you either define a topic within the field of economics, or you think of a topic yourself (from your prior education), that you wish to study further in an economic light.
Exemptions based on previously acquired credits are possible. In other words, if you think ahead, you can choose elective course units in your initial study programme that are in line with the preparatory or the Master’s programme.
After graduation
Career prospects
Prospective employers increasingly expect employees to be familiar with business economics concepts and relationships. They must be able to think and communicate economically within a complex, corporate social context. Your background in business economics is an important asset in the labour market, and often even a requirement. Whether you are a lawyer, psychologist or engineer, you function better in an organisation if you understand how it works and its economic context. Every interested and ambitious young person, therefore, needs a solid knowledge of a company’s operation or organisation.
Contact
Get in touch
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