Master Management
Management (M.Sc.)
The Master's degree programme in Management expands and deepens the knowledge acquired in a Bachelor's degree programme. It provides you with the basis for the application and development of independent ideas and projects in a research-orientated manner and significantly increases your career opportunities. We are convinced that the Master's programme will provide you with the most important theories and methods necessary for a critical understanding of economic issues and independent judgement. The programme should enable you to make scientifically based judgements in an economic context on the basis of the knowledge you have acquired.
Structure of the Master's programme Management
The diagram above shows the ideal structure of your Master's programme.
You can choose between a major specialisation with 60 ECTS credits (= Major) or 3 minor specialisations with 20 ECTS credits each (= Subject).
The choice of majors and subjects can be found in your examination regulations.
Overview
- Degree programme: Management (M.Sc.)
- Duration: 4 semesters (120 ECTS)
- Language of instruction: German/Englisch
- Start of Study: Winter and summer semester
- Application deadline: Winter semester: 15 July, Summer semester: 15 January of each year
- Application: Application portals
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Admission requirements: Proof of a Bachelor's degree in business and economics or a degree recognized as equivalent with a minimum number of ECTS points in certain areas (such as mathematics, statistics, business administration, economics). Further information in § 4 of the subject-specific provisions. The subject-specific minimum competencies must be available at the time of application. If you do not meet the minimum subject-specific competencies, please contact the Office of the Dean of Studies and we will check your options.
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Programme structure: 120 ECTS credits are divided into Major (60 ECTS) or Subjects (3x 20 ECTS), Seminar (10 ECTS) and Electives (20 ECTS) and the final area is the master's thesis (30 ECTS).
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FSB (subject-specific provisions): Valid from winter semester 2024/25 in german language
- Subject Description: Valid from the winter semester 2024/25 in english language and valid from the winter semester 2024/25 in german language.
- Module catalogue: Valid from the winter semester 2024/25 in english language and valid from the winter semester 2024/25 in german language.
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Study Abroad: Overview of our partner universities
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Language requirements international students: Proof of German skills at basic (B2) level is required. For more information please contact the International Office.
- Numerus clausus (NC): All suitable applicants with an average of 2.5 or better will be admitted. The current average at the time of application counts. There is no succession procedure.
Target Group
Are you interested in the exciting field of Finance, Accounting and Taxation? We expect you to have a bachelor's degree with a solid foundation in business and economics, good statistical, mathematical and microeconomic skills, and a confident command of both German and English.
Profile
The scientific disciplines of corporate finance, accounting and taxation are theoretically and methodologically interrelated. For example, information and incentive problems as well as tax implications must always be taken into account in any investment and financial decision or in the valuation of companies. The data for these decisions come from internal or external accounting. The effects of these decisions are in turn reflected in accounting. Present value calculations, pricing models for the capital market and principal-agent theories are just some common theoretical foundations.
Competencies and career
In the FACT major, you will acquire analytical, quantitative and qualitative knowledge and skills that will make you fit for a challenging career in the professional fields of corporate finance, taxation, accounting and controlling. After graduation, you will master relevant concepts and methods at a high scientific level and will be able to apply them independently and responsibly to challenging economic issues in the aforementioned fields while taking ethical aspects into account. Your career prospects are extremely good throughout different economic cycles.
Practical relevance
The transfer of knowledge between university and practice is ensured by teaching assignments from experienced practitioners. In addition, application-oriented seminars and theses, contributions to practice-oriented journals, and critical monitoring of legislative processes (through expert opinions and commentaries) provide practical references to the corporate world.
Research reference
Chairs participating in the FACT major publish their research findings in prestigious national and international journals and regularly present at international conferences.
Content of the program
In the core area of this major, you will learn the theoretical and methodological foundations: Portfolio and Capital Market Theory; Tax Planning and Policy; Corporate Coordination, Budgeting and Incentives; National and International Accounting.
Building on this, you can choose from a wide range of courses in core electives, e.g. Discounted Cash Flow Methods, Risk Management and Corporate Finance, Tax Accounting, International Taxation, Corporate Analysis and Valuation with Balance Sheets, Advanced Auditing, Financial Market Econometrics, Analytical Information Systems, Topics in Data Science.
Target Group
We expect you to have a bachelor's degree with solid business and economics fundamentals, good statistical, mathematical and microeconomic skills, and a confident command of both German and English. This major can be studied entirely in English.
Profile
The major is aimed at students who are enthusiastic about the diverse possibilities of digitalization, whether as a founder of their own start-up or in responsible positions at an established company. If you want to analyze and design processes, this is the right place for you.
Competencies and career
Students learn to analyze the various facets of digital technologies and to systematically distinguish between different courses of action.
Practical relevance
The transfer of knowledge between university and practice is ensured by teaching assignments from experienced practitioners. In addition, application-oriented seminars and theses, contributions to practice-oriented journals and the critical monitoring of legislative procedures (through expert opinions and commentaries) provide countless practical links to the corporate world.
Research reference
Chairs involved in the major publish their research in prestigious international journals, (e.g. Journal of Information Technology, MIS Quarterly, Journal of Business Venturing, and Strategic Management Journal) and regularly present at international conferences.
Content of the program
You can choose from a catalog of five required courses in marketing, entrepreneurship, and strategy. These lay the foundation for the diverse elective modules in this area, including project seminars that give you immediate insight into real-world business.
Target Group
Are you interested in the classic topics of management? Would you like to take on management responsibility at some point in the future, perhaps even at your own company? Do you like to analyze and work in a structured and goal-oriented way?
The Management and Leadership concentration is aimed at students who like to deal analytically and critically with theories, models and data with a content focus on corporate management. The target audience for this degree program are students who have a high interest in interdisciplinary scientific knowledge, who have an independent way of working and a good command of English.
Competencies and career
Students acquire comprehensive knowledge in the field of management and leadership and the related scientific disciplines. During their studies, students acquire solid competencies in theoretical foundations, quantitative and qualitative methods. This enables students to make independent and scientifically sound decisions in management positions in companies, to found and manage their own company or to conduct independent analyses.
The major in Management and Leadership qualifies graduates for demanding management activities, especially in consulting firms and corporations, for managing a self-founded company, as well as for an academic career.
Practical relevance
The transfer of knowledge between university and practice is ensured by teaching assignments from experienced practitioners. In addition, application-oriented seminars and theses, contributions to practice-oriented journals, and the critical monitoring of legislative procedures (through expert opinions and commentaries) provide countless interfaces to the corporate world.
Research reference
The chairs involved in the Management & Leadership major publish their research findings in prestigious international journals and regularly present at international conferences.
Content of the program
The Management & Leadership (M & L) major in the business administration master's program at the University of Würzburg combines classical content from the fields of business administration and management with competencies in theoretical, quantitative and qualitative methods, as well as case studies. It is clearly structured and consists of a combination of core and elective courses. The specialization is interdisciplinary and designed with a number of elective options. It thus also offers scope for individual interests.
During the Master's program, the main courses offered in the "Core" area are Incentives in Organizations, Human Resources Management and Industrial Relations, Corporate Entrepreneurship, Strategic Marketing, and Advanced Labor Economics.
In the Core Electives area, additional elective courses are offered in the areas of Human Resources Management, Entrepreneurship, Marketing, and Labor Economics. These offerings are supplemented by courses from the areas of organization, controlling, decision theory, business communication, labor law, microeconomics, and econometrics.
The specialization also includes seminars that prepare students for the master's thesis in the fourth semester. A special mention should be made here of a cross-departmental Management & Leadership Seminar, which is reserved for students in this area of specialization.
Some courses of the specialization are offered in English to prepare students for an international career. In addition, parts of the master's program can be completed at one of the many attractive partner universities abroad.
As an alternative to the majors, 3 subjects can be selected to achieve the degree. Of these 3 subjects, at least 2 must be from the field of Management Subjects.
Management Subjects
- Marketing
- Corporate Finance and Risk Management
- Human Resource Management and Organization
- Strategic Entrepreneurship
- Managerial Accounting
- Logistics and Supply Chain Management
- Strategic Corporate Communication
- Econometrics
- Taxation
- Accounting
- Enterprise Systems
- Business Analytics
- Electronic Business
- Artificial Intelligence
- Data Science in Decision-Making
Economics Subjects
- International Economics
- Strategy, Competition and Policy
- Public Finance
- Strategic Incentive Design
