International Management (MBA)

Study language English Intake Fall Duration 4 semesters
ECTS 120 Type of study Full Time Qualification MBA
Semester abroad - Internship - Campus Cologne
Tuition (Cologne) 5.850 €* Financing More info >>
*The displayed prices are semester fees. For non-EU students' fees please check the tuition fees information page. Status: Jan 2020.

Study Course Plan

Basics Of Industrial Management

  • Basic Business, Economic, and Market Principles and Key Terms
  • External Business Environment: At both National and International Level
  • Global Markets and International Trade
  • Competitive Environment
  • Internal Environment
  • Management, Leadership & Motivation
  • Business Function: HR
  • Business Function: Operations
  • Business Function: Marketing
  • Business Function: Finance and Accounting
  • Entrepreneurship
  • Business Ethics: Ethical Business Management, International aspects of Ethics & CSR
  • Emerging Business Trends

Applied Managerial Economics

  • Demand Analysis and Applications of Elasticities
  • Supply Analysis and the Theory of the Firm
  • Production Economics and Cost Analysis
  • Economies and Diseconomies of Scale
  • Market Equilibrium and Welfare Analysis
  • Prices, Output and Strategy
  • Strategic Interaction and Game Theory
  • Market Failure and Government Regulation

Quantitative Methods & Toolset

  • 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 (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 R or SPSS in common business issues

Modern Market Research Methods

  • Defining the marketing research problem and developing an approach
  • Methods of international market research
  • Research design
  • Secondary Data
  • Qualitative research
  • Quantitative research
  • Scaling and sampling
  • Fieldwork and Data preparation
  • Basic data analysis (how to use it)
  • Report preparation and presentation

Modern Business Strategy

  • External Analysis
  • Internal Analysis
  • Generic business-level strategies for competitive advantage
  • Basic Corporate-level strategic choices for long-term profitability
  • Diversification strategy
  • Internationalization
  • Mergers and acquisitions
  • Strategic entrepreneurship
  • Strategic leadership
  • Social Responsibility and Ethics of Strategic Management
  • Basics of Corporate Governance

Organizational Behaviour

  • Research Methods for Organisational Behaviour
  • Managing Diversity and Individual Differences
  • Perceptions and Decision Making
  • Work Motivation and Performance
  • Job Satisfaction and Commitment
  • Efficiency, Motivation, and Quality in Work Design
  • Interdependence and Role Relationships
  • Group Dynamics and Team Effectiveness
  • Leadership in Groups and Organisations
  • Power, Politics, and Conflict
  • Culture, Change, and Organisational Development

Financial & Cost Accounting

  • Financial transactions and their impact
  • Major financial reports
  • Accrual accounting
  • IFRS versus US-GAAP
  • Ratio analysis
  • Cost behaviour, terms, and definitions
  • Traditional costing systems
  • Job costing and process costing
  • Activity-based costing
  • Overhead analysis sheet
  • Cost-volume-profit analysis
  • Pricing decisions, product mix decisions
  • Budgeting
  • Transfer pricing

Managerial Accounting

  • Managerial accounting and global business environment
  • Cost term, terms and classifications
  • Job-order costing
  • Process costing
  • Cost behavior
  • Cost-volume-profit relationships
  • Variable costing
  • Activity based costing to aid decision making
  • Profit planning
  • Sustainability and ethics in accounting decision making

Project Management & Digital Skills

  • Basic competence (Project specifications, project goals and evaluation, project phases and cycles, project norms and rules)
  • Social competence (Communication, motivation, groups and team structures, leadership, conflict management)
  • Methodological competence (Structural aspects, time management, cost management, human resource management, creativity and problem solving)
  • Organisational competence (Quality management, documentation, risk management, project start and closure)

Team & Self Management

  • Team typologies models: Hippokrates, Kretschmer, Belbin, Jung, & Myers Briggs
  • From workgroup to high-performance self-managing teams
  • Phases of team development & the team performance curve
  • Conditions for team development Trust and control
  • Group dynamics
  • Ego-States: Eric Berne
  • Realistic goal setting
  • Team conflict: emergence and avoidance
  • Escalation and management of conflicts: Friedrich, Glasl

Applied Economics

  • labour economics
  • business economics
  • development economics
  • health economics
  • education economics
  • monetary economics
  • public economics
  • and economic history

Business Law

  • Survey on different legal systems and the harmonizing effect of EU Law
  • 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
  • International Business Sale Law

Corporate Finance & Valuation

  • 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

Financial Instruments

  • Overview of various types of fixed income securities, valuation of fixed income securities, understanding bond ratings, securitisation and asset backed securities, risks associated with investing in bonds, understanding yield spreads, interpreting the yield curve, Spot rates and Forward rates, measurement of interest rate risk, bond portfolio management strategies in the international context
  • Derivatives instruments; Futures and forwards, option payoffs and options strategies, option valuation techniques

Global Supply Chain Management

  • Fundamentals of international logistics
  • Inventory management
  • Warehouse management
  • Packaging and transportation
  • Procurement logistics
  • Production logistics
  • Distribution logistics
  • Disposal logistics
  • Supply Chain Strategy & Design
  • Supply Chain Planning & Synchronization
  • Trends in supply chain management

Modern Marketing Management

  • 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

Business Process Planning & Operations Management

  • Costs and Targets of Operations and Operations Strategy
  • Location Decisions and Layout Planning
  • Process Design and Business Process Optimization
  • Aggregate Planning, Material Requirements Management and Enterprise Resource Planning (ERP)
  • Short-Term Scheduling in Production
  • Lean Production and Toyota Production System
  • Quality Management and Statistical Process Control
  • Maintenance and Reliability Decisions
  • Service Management
  • Sustainable Operations

Inter­national Human Resource Management

  • The organizational context
  • IHRM in cross-border mergers and acquisitions, international alliances and SMEs
  • Staffing international operations
  • Recruiting and selecting staff for international assignments
  • International training and development
  • Re-entry and career issues
  • International performance management
  • IHRM trends and future challenges

Inter­cultural Awareness

  • Concepts of communication
  • Concepts of culture
  • Categories of cultural analysis
  • Creating brand identity across cultures
  • Marketing in global social networks
  • Cultural symbols and taboos
  • Diversity in world markets
  • Diversity in teams
  • Identity and culture
  • Gender and culture

Managing Change & Digital Transformation

  • Organizations and the environmental change
  • The formal and informal subsystem of change
  • Forms of change
  • Frequency and magnitude of change
  • Organizational responses to change
  • Resistance, commitment and readiness to change
  • Implementing change management
  • Culture, politics and power

Business Elective

  • Strategic Management and Consulting
    • Fundamentals of Consulting
    • International Competitive Strategy
    • Corporate Strategy and Renewal
  • Entrepreneurship
    • The Entrepreneur
    • Start Up Management and Business Modeling
    • Digital Network Economy
  • Sustainability
    • Sustainability and Business Ethics
    • Sustainable Supply Chain Management
    • Sustainable Financial Management

Risk Management

  • Performance Criteria for Risk Management
  • Process and Framework for Managing Risk
  • No-arbitrage concept in international financial markets
  • Nature of Derivatives
  • Valuation and use of forwards
  • Marking-to-Market mechanism with futures
  • Valuation of options
  • Hedging currency exchange risk using derivatives

Digital Management

  • Introduction to socio-technological trends driving digital transformation: Artificial Intelligence, Big Data, Robotics, Internet of Things, cyber-physical systems, Cloud Computing, mobile technologies, social media, semantic Web, Augmented und Virtual Reality, 3D print, …
  • Digital management approaches
  • Cross-functional coordination
  • Digital product management: product evaluation; product lifecyle management
  • Interplay between analytics and business model thinking; creation and orchestration of stakeholder networks
  • Process digitization
  • Digitization of value chains

Business Project

  • Project Kick-off
  • Project objectives, scope and key milestones presented by the “client”
  • Deep-dive sessions and feedback loops
  • Lecturer on a weekly basis supports students with designing their intermediate presentations
  • Feedback sessions
  • Final presentations

Business Simulation Game

  • Storage
  • Cost accounting
  • Capacity utilization
  • Cash-Flow
  • Performance indicators

Management & Leadership Competencies

  • Theories, Models, Processes around Peoples and Teams
  • Managerial competencies i.e. Planning and Administration Competency
  • Strategic Action Competency
  • Leadership competencies i.e. Communication Competency
  • Personal Vision and Self-Motivation
  • Goal Setting and Mission Statement
  • Teamwork Competency
  • Multicultural Competency
  • Self-Management Competency
  • Leading in a Culture of Change
  • Knowledge Building

Creative Thinking & Innovation

  • Contemporary Theories of Creativity and Innovation
  • The Ten Faces of Innovation
  • Creativity and Intelligence
  • Barriers, Blocks and Squelchers
  • Inspiration through Analogical Thinking
  • Brainstorming and Others Techniques of Ideation
  • Lateral Thinking
  • Creative Problem Solving
  • The Art of Incubation
  • Assessing Creative Potential
  • Using Imagination, Association, Intuition
  • Creative Questioning
  • Creating Flow

Master Thesis

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.

Master Thesis Workshop

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.

Career Seminar

In this module students will learn about future possible employments and business sectors of their interest. Aim is to discuss the master thesis and industry-related issues with companies to see future prospects, chances and limitations of particular business areas. Furthermore, students shall be able to make important contacts with business people for their further career development.

Programme specific teaching units
Interdisciplinary competencies

Kristina Behr

+49 (0) 221 93 18 09-31

Get in touch

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Target Group

The MBA Program, International Management commencing yearly at the end of August is aimed, in particular, at graduates of non-economic studies programs who wish to expand the knowledge acquired from a first degree studies or the skills attained through initial professional experience through sound, business-oriented and internationally oriented know-how.

Not only do graduates of a business economics studies background benefit from rediscovering the once familiar models in a new light, but also those who simply wish to refresh the knowledge they have lost in their everyday professional lives. For many students, the MBA Program, International Management is a crucial prerequisite for reaching the next step in their professional careers.

Study Program

The programme comprises a total of four semesters, each with about 16-20 lecture hours per week. In addition to business and economics seminars, you will also attend a variety of skills courses, in which you will learn leadership and intercultural competencies – all of these a must in leadership positions nowadays. What’s more, CBS offers you the opportunity to specialize in a subject area of your choosing and in line with your own interests.

The first semester, along with its introductory modules on the subjects: Management Principles and Organization and Strategy, also lays the foundation with Accounting. Within this field of interdisciplinary skills, you will attend courses on the subjects, Research Principles as well as Project and Team Management.

On the agenda in the second semester are the modules: Business Environment, Financial Management, Global Value Chain Management, Culture and Change Management and International Management.

Business Project and Simulation Game

In the third semester, all the contents learned shall be applied in a business project. The aim is for students to work on a real-life company case study before ultimately presenting their proposed solutions to representatives of that company. What’s more, a simulation game is conducted here as well, in which students practice making real business decisions to learn the actual consequences of these decisions for a company.

Furthermore, the students can pursue their own personal interests by choosing an elective course from the subject areas: Strategic Management and Consulting, Entrepreneurship or Sustainability. The modules: Financial Markets and Institutions and Creativity and Managerial Leadership complete the program.

The fourth semester consists mainly of the Master Thesis where, for example, the students work on an actual problem or situation, taking into account scientifically based methods and approaches – also in close collaboration with a company. By doing so, both students and companies benefit from the results obtained. A Career Seminar also takes place in the final semester.

Degree and Career Prospects

Thanks to the knowledge acquired within the MBA program, students are able to move about safely in the international business world while positioning themselves for management opportunities. This means that graduates have a particularly good chance of success in internationally operating companies. The knowledge acquired during their studies will be of particular use, i.e. regarding regional idiosyncrasies and intercultural differences. And because of the study program’s wide range, a number of opportunities for applying these new skills become conceivable in the areas of consulting, project management, marketing and sales, or even in general management. Graduates also have good career opportunities in product development and research. But that’s not all; career perspectives in government offices, government-related institutions or non-profit organisations across almost all industries open up to job-seeking graduates. This includes, for example, the financial sector; the manufacturing industry; telecommunications; the healthcare sector and the environment, just to mention a few. This degree also fulfills the prerequisites for a subsequent doctorate.

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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