International Management Fast Track (MBA)

Study language English Intake Fall Duration 2 Semester
ECTS 60 Type of study Full Time Qualification MBA
Semester abroad - Internship - Campus Cologne
Tuition (Cologne) 975 €* Financing More info >>
*The displyed prices are monthly fees. For non-EU students' fees please check the tuition fees information page. Status: Jan 2020.

Study Course Plan

QUANTITATIVE METHODS
1 ECTS

  • Algebra and Mathematical Functions
  • Matrix Algebra and Linear Equations
  • Differentiation and Integral Calculus
  • Optimization: Functions of several variables
  • Linear Programming
  • Mathematics of Finance
  • Apply the sampling methods and the Central Limit Theorem
  • Compute the measures of location and measures of dispersion
  • Represent the statistical data
  • Perform linear (simple and multiple) regression and correlation analysis
  • Describe the basic concepts of probability
  • Set up a difference and/or relationship hypothesis and carry out statistical inference tests
  • Apply decision making theory to make decisions under risk and under uncertainty
  • Apply statistical software like, e.g., R or SPSS in common business issues

MARKET RESEARCH
1 ECTS

  • Introduction to Market Research
  • Defining the Market Research Problem and Developing an Approach
  • Research Designs
  • Secondary Data
  • Qualitative Research
  • Quantitative Research
  • Scaling and Sampling
  • Fieldwork and Data Preparation
  • Basic Data Analysis (how to use it)
  • Report Preparation and Presentation

ACADEMIC WRITING
1 ECTS

BASICS OF INDUSTRIAL MANAGEMENT
3 ECTS

  • Basic business, economic, and market principles and key terms
  • External Business Environment
  • Global Markets
  • Competitive Environment
  • Internal Environment
  • Management, Leadership & Motivation
  • Business Function: HR
  • Business Function: Operations
  • Business Function: Marketing
  • Business Function: Finance and Accounting
  • Business Function: Balance Sheets
  • Entrepreneurship
  • Business Ethics and CSR
  • Emerging Business Trends

MANAGERIAL ECONOMICS
3 ECTS

  • Demand Analysis, Supply and Market Equilibrium
  • Production
  • Cost Analysis
  • Price determination under perfect competition & under monopoly
  • Price determination under monopolistic competition & under oligopoly
  • Game theory
  • Governmental regulation and business

BUSINESS STRATEGY
3 ECTS

  • Introduction: Strategy and Strategic Management (Key Terms, Basic Concepts and Models)
  • Strategic Analysis (Evaluating a Firm’s External and Internal Environment and its strategic positioning)
  • Strategy Development (Process and Objective)
  • Strategy Content / Strategy Type I: Corporate Strategies
  • Strategy Content / Strategy Type II: Business Unit Strategies and Functional Area Strategies
  • Strategy Implementation
  • Strategy Evaluation
  • Strategy & Business Ethics/ CSR
  • Applied Strategy in selected industries (e.g. Tourism, SMEs, Media; …)
  • Current Trends in Strategic Management

BUSINESS ETHICS
3 ECTS

  • The origins of Corporate Social Responsibility
  • Important Ethical Theories
  • Key terms and concepts – Sustainability, CSR, Corporate Governance, Corporate Citizenship, Business Ethics
  • Strategic Sustainability and Ethics Management
  • Stakeholder Management
  • Sustainable Accounting
  • Sustainability Reporting
  • Socially Responsible Investment
  • The Impact of Sustainability

FINANCIAL ACCOUNTING
3 ECTS

  • Accounting: the language of business
  • Legal framework and accounting rule-sets; IFRS versus US-GAAP, German HGB
  • Financial transactions and their impact on the financial position of an organisation
  • Major financial reports: balance sheet, income statement, statement of cash flows and their interrelations
  • Accrual accounting
  • Reporting revenues and costs in different operational scenarios
  • Valuation of inventories and receivables
  • Tangible versus intangible assets
  • Long-term versus short-term liabilities
  • Owners’ equity, share-related transactions
  • Ratio analysis

MANAGERIAL ACCOUNTING
3 ECTS

  • Cost behaviour, terms, and definitions
  • Traditional costing systems
  • Job costing and process costing
  • Activity-based costing
  • Overhead analysis sheet
  • Cost-volume-profit analysis
  • Pricing and product-mix decisions
  • Relevant information for decision-making and profitability analysis
  • Operational and financial budgeting
  • Transfer pricing
  • Conflicts of interest and ethical issues

CAREER SEMINAR
1 ECTS

The course will be designed in form of discussion forums, in which students have the chance to exchange ideas and knowledge concerning their master thesis and business life with company representatives.

LEADERSHIP SKILLS, TEAM & SELF MANAGEMENT
1 ECTS

  • Leadership Theories / Models and Leadership Traits
  • Leadership Styles
  • Cognitive, Behavioural, and Emotional Explanation for Human Motivation
  • Performance Management and Controlling
  • Leadership Tools
  • Coaching (Principles of coaching, Coaching models)
  • From the workgroup to the high-performance team
  • Phases of team development
  • Trust and control
  • Typology models: Jung, Kretschmer, Hippokrates
  • Group dynamics
  • I am okay – you are okay
  • Ego-States (Eric Berne)
  • Realistically setting goals
  • Emergence and avoidance of conflicts
  • Escalation of conflicts (Friedrich Glasl)
  • Moderation of discussions

CORPORATE FINANCE
3 ECTS

  • Determinants of a firm’s financial structure
  • Market value of a firm and financial decisions
  • Effects of time, uncertainty, taxes, and incentives on the present value of firm cash flows
  • Net present value and discounted cash-flow analysis
  • Risk, Return and Capital Budgeting.

GLOBAL ORGANIZATIONS & LAW
3 ECTS

  • Foundations to Organization Theory
  • External & internal factors to change organizations
  • Organizational goals and instruments
  • Creating effective organizations
  • Organizational development & change
  • Alignment issues
  • Organizational controlling
  • Concluding a contract
  • Different types of contracts and their typical features
  • Performance and obligations
  • Solving problems (e.g. failure to perform, liabilities)
  • Safeguarding creditors’ rights
  • Forms of business organizations

GLOBAL SUPPLY CHAIN MANAGEMENT
3 ECTS

  • Global understanding of strategic supply management
  • Most important models of Industrial Buying Behaviour
  • Situation Analysis – Supply Problems and Targets
  • Situation Analysis – Strategies and Potentials
  • Need Analysis – Defining the Demand
  • Evaluating and Selecting Global Supply Markets
  • Defining Market Entry Strategies
  • Supplier Evaluation – Find the right Supplier
  • Supplier Relationship Management: Importance of Supplier Collaborations
  • Supplier Negotiation Process – Strategy and Tools
  • Sustainable Supply Management: Optimizing Buyer-Supplier-Relationships

GLOBAL MARKETING MANAGEMENT
3 ECTS

  • The Strategic importance of International Marketing
  • The world trading environment
  • International Marketing Research and opportunity analysis
  • Consumer Buying Behaviour – Analysing Customer Requirements
  • Identifying Market Segments and Targeting
  • Marketing Strategy Development with focus on market entry strategies
  • Implementation: The 4Ps in International Marketing
  • Technology enabled International Marketing

INTER­NATIONAL HUMAN RESOURCE MANAGEMENT
3 ECTS

  • Introduction to International HRM
  • International Leadership and Motivation
  • The Cultural Context
  • Staffing International Operations
  • Recruiting and Selecting Staff for International Assignments
  • International Training and Development
  • International Performance Measurement
  • International Compensation
  • Expatriate Management (Re-entry and career issues)
  • International HR Business Ethics, CSR and Legal Considerations
  • International Human Resource Management Strategy
  • IHRM Trends

MANAGING CHANGE
3 ECTS

  • Traits of Creative People
  • The Four P’s
  • Creative Climate
  • Creative Product
  • Rules of Diverging and Converging
  • Forced Connection
  • Select and Strengthen Solutions
  • The Importance of Making Mistakes
  • The Value of Data
  • The Resource Group
  • Creative Questions
  • Team Effectiveness

MASTER THESIS WORKSHOP
1 ECTS

During the Master Thesis Tutorial you will learn the fundamentals for your Master thesis: Defining the topic as well as structuring the thesis and you will learn the theoretical knowledge for scientific working.

MASTER THESIS
18 ECTS

You have 12 weeks to complete your thesis and the subject is freely selectible. A supervisor from CBS will support you and you can write the thesis in collaboration with a company as well.

general business teaching units
programme specific teaching units

Kristina Behr

+49 (0) 221 931809-31

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Target Group

Acquire your MBA title at CBS International Business School in just one year! This is possible with our Fast Track MBA. This form of study is interesting for everybody who on the one hand wishes to learn the typical economics contents of an MBA programme but on the other hand is prepared to do without the extra offers of our classical MBA programmes. Therefore, for example, no specialisation options and also no training courses for the intercultural competences are planned for this form of study. Equally, there is only a limited course offer in the field of Personal Skills. Dependent upon how many credit points the students’ previous degree includes, it is also theoretically possible that the MBA qualification does not provide entitlement to a follow-up doctorate. Information regarding this is available from our study advisers.

The MBA programme International Management is directed primarily at graduates of non-business degree courses who wish to augment their knowledge from their first degree course and initial job experience with solid business and internationally orientated know-how. Equally, graduates of economics degree courses also profit from discovering models already familiar to them within a new context or even wish to refresh their knowledge which has possibly slightly faded during the course of everyday working life. The MBA programme International Management is a vital prerequisite for several participants to achieve the next career step.

Qualification and Career Prospects

The knowledge gained during the MBA programme enables the students to move safely within international business. Therefore, the students primarily have excellent promotion opportunities in companies which operate internationally.

Due to the diversified study programme, possible areas of work in Consulting, Project Management, Marketing and Sales or General Management are conceivable. The students are also provided with a good vocational perspective in Product Development and Research.
Moreover, possible work perspectives with authorities, government-related institutions or non-profit organisations can result in virtually all fields. Here, for example, we can name the financial area, the processing industry, telecommunications industry, healthcare or environmental economics.
It must be noted that the Fast Track MBA qualification does not qualify you for a follow-up doctorate under certain circumstances. Please contact our study advisers regarding this.

Programme Structure

The programme incorporates a total of 8 modules which are spread over three terms. In total, the programme is designed for one year. The students already attend initial preparation courses on the topic of Research Principles before studying. In addition to the introductory modules for the area of Management Principles and Organisation and Strategy, Accounting Basics are also taught in the first term. Seminars are held at the Career School between the first and second terms.

The modules Business Environment, Global Value Chain Management as well as International Human Resources Management and Change Management are on the agenda in the second term.

There are no lectures any longer during the final term which is planned for preparing the Master of Arts Thesis. In the thesis, for example, the students process a current problem in a company whilst taking scientifically sound methods and approaches into consideration – with pleasure also in close collaboration with a company. In this way, both the students and the companies profit from the results elaborated.

Professional advice

Curious? Then arrange an appointment for a non-binding study consultation and clear up all of your questions concerning the course of the studies, examinations, scholarships and financial aid.

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