IB - Strategic Management and Consulting part-time (M.A.)

Study language English Intake Fall Duration 5 semesters
ECTS 120 Type of study Part-Time Qualification Master of Arts
Semester abroad - Internship - Campus Cologne
Tuition (Cologne) 2.970 €* 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

Business Economics
3 ECTS

  • Demand analysis & estimating demand
  • Supply and market equilibrium
  • Production economics
  • Estimating cost functions and production functions
  • Prices, output and strategy in different markets
  • Game theory models of oligopoly
  • Pricing techniques and analysis

Empirical Research Methods
3 ECTS

  • Quantitative and qualitative methods
  • Development of a research question
  • Steps of research process
  • Methods of data collection
  • Data analysis using statistical software programs

Strategic Analysis & Management
3 ECTS

  • Strategy making process and strategic reasoning
  • Advanced external environment analysis
  • Cultural and institutional context of strategic management
  • Corporate development and configuration
  • Strategic change and corporate restructuring
  • Strategy evaluation and strategic controls
  • Organizing for success

Innovation Management & Digital Transformation
3 ECTS

  • Diagnosing the change context and leading the strategic change
  • Dynamics of innovation & their implications for change management
  • Individual creativity and invention
  • Creativity techniques
  • Corporate creativity & intrapreneuring
  • Innovation and technology strategies
  • Managing innovations
  • Open innovation
  • Diffusion of innovations
  • Cultural differences in innovation capability

Corporate Social Respons­ibility
3 ECTS

  • Theories of corporate social responsibility
  • Cornerstones of sustainable management
  • CSR as management approach
  • Practical approaches of organizational effectiveness
  • Tools for CSR implementation
  • CSR and financial performance
  • How to communicate CSR

Corporate Governance
3 ECTS

  • Historical developments around the world
  • Directors and board structures in different parts of the world
  • Family business governance
  • Role of institutional investors
  • Corporate governance in mergers and acquisitions
  • Corporate governance in different regions

Advanced Inter­cultural Team Leadership
2 ECTS

  • Cultural theories and models
  • The influence of culture on behaviour
  • Team typologies
  • Phases of team development
  • Trust and control
  • Emergence and avoidance of conflicts
  • Leadership verses management
  • The impact of leadership behaviour on teams

Consulting Techniques
5 ECTS

  • Management consulting as a management activity
  • Controversies and ethics of management consulting
  • Consulting engagement as problem solving exercise
  • Analytical and interactive data processing and forecasting methods
  • Analytical problem solving approaches and techniques
  • Creative approaches to problem solving and decision making
  • Effective communication techniques

Evidence-Based Problem Solving - Caselab
5 ECTS

  • Strategy process
    • Strategic thinking
    • Strategy formation
  • Strategic content and context
    • Organizational context
    • Industry context

Inter­national Economics
3 ECTS

  • Globalization and income
  • Globalization and international trade
  • Trade and comparative advantage
  • Trade barriers and trade policy
  • Firm location, distance and transport costs
  • Currency crises and exchange rate policy
  • Financial crises, firms and the open economy

Applied Management Accounting
3 ECTS

  • Systems design: Job-order costing
  • Systems design: Process costing
  • Cost-volume-profit relationships
  • Variable costing
  • Activity based costing to aid decision making
  • Sustainability and ethics in accounting decision making

Value Based Management
3 ECTS

  • Financial measurement of corporate strategies: the principles
  • The gap between book values and market values
  • Economic value added
  • Cash flow return on investments
  • Customer life-time value

Sustainable Supply Chain Management
3 ECTS

  • Discussion of various theoretical concepts and their implications for sustainable supply chain management
  • Green marketing
  • Green procurement
  • Green logistics

Inter­national Project Management
2 ECTS

  • 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).

Business Elective
3 ECTS

By choosing Business Electives in the second and third semester you can personalize your degree course and extend your management knowledge.

The following are examples of the types of courses on offer:

  • Corporate Strategy and Renewal
  • Digital Network Economy
  • Digital Leadership
  • Portfolio Theory
  • Power Pricing
  • Finance & Growth
  • Advanced Portfolio Management
  • Branding
  • International HRM
  • Start-up Management & Business Modeling
  • Trader in Capital Markets

Inter­disciplinary Elective
3 ECTS

By choosing Interdisciplinary Electives in the second and third semester you can personalize your degree course and extend your management knowledge. The Interdisciplinary Electives usually include subjects like:

  • Chat Bot Design
  • International Competitiveness
  • Omni-Channel Commerce
  • International Trade and Emerging Markets
  • Bitcoin and the Market of Cryptocurrencies
  • Business Process Modeling
  • Design Thinking & Adobe Creative Cloud
  • SAP S/4 Hana in Controlling and Finance
  • App Development in JavaScript
  • East Asian Culture and Business
  • Cultures of Consumption
  • SPSS

Strategic Renewal & Digital Business Models
5 ECTS

  • Corporate strategy
  • Development of a corporate strategic concept
  • Corporate strategy evaluation and development of strategic options
  • Emergent and prescriptive approaches

Applied M&A & Restructuring
5 ECTS

  • Corporate strategy evaluation and development of strategic options
  • Emergent and prescriptive approaches
  • Gap closing strategies
    • Buy strategies: Mergers and Acquisitions
    • Build strategies: Strategic renewal, organic corporate development strategies
    • Ally strategies

Business Project - Case Challenge
6 ECTS

The overall objective of this course is to provide students with possibility of applying their business knowledge on concrete business situation, related to the field of their specialization.

By the end of the module students should be able to:

  • Define project goals for the “client”.
  • Work under the set timeframe and agreed project scope.
  • Cooperate in the international project teams.
  • Evaluate markets/ industries/ competitive landscapes.
  • Develop possible strategic directions for the “client” business.
  • Formulate recommendations.

Skills Elective
2 ECTS

In the Soft Skills Courses you will improve your social, leadership and project management skills. Additionally to the courses in the first and second semester you can choose another one in the third semester. Decide for yourself which of your personal competences you want to push forward.

Business Elective
3 ECTS

The following are examples of the types of courses on offer:

  • Corporate Strategy and Renewal
  • Digital Network Economy
  • Digital Leadership
  • Portfolio Theory
  • Power Pricing
  • Finance & Growth
  • Advanced Portfolio Management
  • Branding
  • International HRM
  • Start-up Management & Business Modeling
  • Trader in Capital Markets

Inter­disciplinary Elective
3 ECTS

By choosing Interdisciplinary Electives in the second and third semester you can personalize your degree course and extend your management knowledge. The Interdisciplinary Electives usually include subjects like:

  • Chat Bot Design
  • International Competitiveness
  • Omni-Channel Commerce
  • International Trade and Emerging Markets
  • Bitcoin and the Market of Cryptocurrencies
  • Business Process Modeling
  • Design Thinking & Adobe Creative Cloud
  • SAP S/4 Hana in Controlling and Finance
  • App Development in JavaScript
  • East Asian Culture and Business
  • Cultures of Consumption
  • SPSS

Organizational Design & Development
5 ECTS

Business Simulation Game
5 ECTS

In a business simulation game participants have to manage their own virtual company which operates in the same market as other participant-operated competitors. This involves making typical management decisions in realistic environments. Beside the deepening and active examination of subject-specific knowledge the simulation games also include the team environment, where interaction, communication and prioritization are of paramount importance. Participants learn how to manage risk and uncertainty while time is limited and information constrained. Group-reflections help to take over different perspectives and to discuss pros and cons of content- as well as behavior-related actions.

Corporate Entre­preneur­ship - Innovation Lab
6 ECTS

Master Thesis Tutorial
4 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
26 ECTS

During your 5th semester you are working on your Master thesis. You have 32 weeks to complete your thesis and the subject is freely selectable. A supervisor from CBS will support you and you can write the thesis in collaboration with a company as well. Or you can write your thesis in connection with a stay abroad.

general business teaching units
elective area
interdisciplinary competencies
programme specific teaching units

Kristina Behr

+49 (0) 221 93 18 09-31

Get in touch

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Master Consulting: A Guide to Corporate Development

It is often a critical view from outside that reveals new opportunities: management consultants are usually hired when an organisation has reached its limits.  As external or internal partners, they develop suitable growth strategies, optimize processes or initiate a complete reorientation. The diversity of their projects and their insight into different corporate cultures make the consulting industry ideal for managers who want a steep learning curve.

Career booster CBS degree

At the CBS International Business School, you will learn in the part-time master “International Business – Strategic Management & Consulting” the specialized knowledge to evaluate risks and potentials of business decisions. Already during your studies, you apply these skills in a Business Simulation Game. Your studies will be rounded off by a Business Skills course as well as a number of other courses.

Junior staff for the consulting industry

Flexibility, decisiveness and high professional competence are only three characteristics of successful consultants. In order to carry out an inventory within the shortest possible time, you need profound specialist knowledge in all areas of business administration. With the part-time master’s programme “International Business – Strategic Management & Consulting” you will acquire the tools to successfully master these challenges.

From student to young expert

Proven methods and strategies ensure that consultants can work faster and more efficiently. In the first two semesters at the CBS International Business School you will get to know these methods in seminars such as “Strategic Analysis and Management”, “Consulting Techniques” and “Evidence-based problem solving – CaseLab”.

Accompanying the strategic relaunch

Change processes in companies usually encounter resistance, even though opportunities often lie in change. Consultants give their clients the security they need on their way to restructuring or mergers. Therefore, the focus of the third semester is on the topic of “restarting a company”. From the fourth semester onwards, you will also deal with the challenges of organisational structures and development and take part in a business simulation game with your fellow students. You complete your studies with a master thesis in the fifth semester.

Training on the job

Security in customer consulting cannot be studied – it must be obtained in the practice. During your on-the-job master’s degree, you will have the opportunity to participate in a Business Project and a Business Simulation Game. Our lecturers will also give you an authentic picture of the profession and have a large network of industry representatives at their disposal through their practical experience.

Your way to master consulting

Graduates of a bachelor’s degree in economics can apply for a place in the part-time master’s programme “International Business -Strategic Management & Consulting”. Advanced English language skills are a requirement for the English-language courses.

Stepping stone to top employers

Strategic consultant in the DAX group or the hidden champion in medium-sized companies? With a degree in “International Business – Strategic Management & Consulting” you can start your career in strategic management.

Consulting for up-coming consultants

If you would like to arrange an appointment for a personal study consultation, please visit our informational events or come to a trial lecture.

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