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Master´s in Management
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Name of the Masters programme

Master´s in Management


Institution

ESMT Berlin


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    Master´s in Management
  • Brief profile
  • Course content
  • Career
  • Admission
  • Impressions
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Master in Management at ESMT

The ESMT Master's in Management program combines applied work in companies with high-quality coursework and research on the latest management theories. It was developed in consultation with top German and international companies. Students apply their acquired skills to economic analysis, product development, and new technology management within the global marketplace.

 

The courses are divided into two tracks with a focus on international management. One track is designed for quantitative decision analysts (Quantitative Business) and one track for creative and strategic thinkers (Innovative Management). Depending on the track, students can choose among four specializations:

 

  • Business Analytics
  • Finance & Investments
  • Entrepreneurship & Innovation
  • Global & Digital Strategy

The two-year program includes up to 11 months of internships and team projects in German enterprises, Berlin start-ups or abroad, fully integrated into the curriculum.

 

In the second year students spend 1,5 months working on a Social Impact Project with an inter-national NGO, non-profit, or social venture. Projects may include travelling to global destinations.


All students learn a foreign language. German students will learn a strategically significant language like Chinese or Spanish; international students learn German.


Students planning to pursue an academic career also have unique access to research practices and projects with ESMT's faculty.


Qualified students can choose to participate in a Double Degree program with Yale SOM, USA. Participants will earn two degrees in two years: first the MSc in Management from ESMT Berlin, then a Master of Management Studies in Global Business and Society from Yale. Interested candidates can apply after being admitted to ESMT and before starting the program, or by April in their first year at ESMT. The admissions process is separate for each school, and Yale admission is not guaranteed. Scholarships, tuition and fees are allocated and settled at each respective institution.

 


Scholarships available!


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Master in Management at ESMT Berlin: Subjects

During the first 4 months, students complete a business core, focusing on key areas of business analysis and management strategy, including courses like Financial Accounting, Organizational Behaviour, Negotiation and Business Economics.

 

After the core phase of the program, students choose among two different tracks. One track focuses on quantitative business and includes Econometrics. The second track concentrates on innovative management, including the course Economics of innovation and new technology.
 

In booth tracks students choose two out of five electives:
 

  • Entrepreneurship
  • Global economy
  • Operations and supply chain
  • Valuation
  • People management and leadership

 

Students then complete an internship of up to six months. MIM students receive advice and support from ESMT and our corporate partners when choosing and applying to the internship. ESMT has agreements with business partners to provide internship opportunities for MIM students. Companies where students found internship positions include Allianz, Axel Springer, Barclays, BMW, Bosch, Daimler, Deutsche Bank, Deutsche Post DHL, EY, E.ON, McKinsey, Siemens, ThyssenKrupp among others.

 

During the second year, students choose one of four specializations:

 

  • Business Analytics: data science for analytics, predictive analytics / machine learning, risk modelling with spreadsheets, advanced decision making tools, value chain analytics
  • Finance & Investments: international finance and risk management, entrepreneurial finance and fintech, portfolio management seminar, advanced finance
  • Entrepreneurship & Innovation: matchmakers in digital economy, the human factor of innovation, "Startup Challenge", design thinking, entrepreneurial finance
  • Global & Digital Strategy: strategic international management, global challenges, digital marketing, digital innovation and entrepreneurship

 

The specializations “Business Analytics” and “Finance & Investments” are interlinked to the Quantitative Business track and can only be chosen when students completed the core courses of this track. The Innovative Management track matches the “Entrepreneurship & Innovation” and “Global & Digital Strategy” specializations.  


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Master in Management at ESMT Berlin: Career


The Master's in Management program at ESMT trains students in business studies, stressing an interdisciplinary link between business and analytical subjects. Throughout the MIM program, students gain helpful insights into career development, have the opportunity to work in up to three different organizations, and develop a long-term career plan that fits their needs.

 

Both the first-year internship and the master's thesis project carry credits towards the Master's in Management degree. ESMT's professional staff will work with MIM students to find the right internship placement. With guidance from ESMT, students will need to individually apply for the internship positions. Most students will find their internships through a combination of ESMT's partners and open applications to companies of the student's choice.

 


Current MIM students were interning at (examples):

 

  • Accenture working in Consulting
  • Allianz working as Assistant to the Board Member
  • Bosch working as Product Manager
  • Daimler working as Sales and Market Data Analyst
  • Deutsche Bank working in market research
  • E.ON working as Risk Manager
  • SAP working as Supply Chain Manager, among others
     

ESMT expects the companies participating in the ESMT's internship program to pay students between 700 EUR and 1,200 EUR per month during their internships. It is possible to do internships in local start-ups and smaller ventures in Berlin, but these internships will probably not be paid or paid less.

 


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Master in Management at ESMT Berlin: Admission

  • A previous degree (at least Bachelor's equivalent), fulfilling one of the following:

In order to enroll in the Quantitative Business stream:

  • Proof of strong quantitative abilities, whether with a degree in an analytical field (science, technology, engineering, or mathematics) or quantitative economics, finance, or a similar topic
  • OR a degree in any discipline with a strong GMAT score (top 20% globally in the quantitative section). A GMAT is recommended for those applicants.

 

In order to enroll in the Innovative Management stream:

  • a degree in any discipline with excellent grades
  • GMAT or GRE is optional but may be requested in certain cases by the Admissions Team

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  • Ideally no more than 18 months of postgraduate work experience by start of the program (excluding internships)
  • TOEFL scores (95 minimum) or equivalent proof of English fluency
  • Online application including motivation and two reference letters
  • Individual interview in person or online

 


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Master´s in Management - Impressions of your Masters study


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Overview of Masters programmes - ESMT Berlin



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Funding Opportunities


ESMT will offer a limited number of partial tuition scholarships for students of exceptional academic merit. In addition, ESMT collaborates with the international loan provider Prodigy Finance as well as the Brain Capital funding scheme. Visit our website for more information on funding.

More info
 


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Institution

ESMT Berlin


Location: Berlin Schlossplatz 1
10178 Berlin
Deutschland
Berlin
T   +49 3021 2311400
E   admissions.degrees@esmt.org

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Facts about the Masters programme

Location

Berlin

Field of study

Business & Economics

Degree

Master of Science Management

Language

English

Start

Application deadline

ask the institution

Type of study

Full-time

Duration of study: 24 months

Tuition fees EU: 6250 EUR / semester

Tuition fees Non EU: no information

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Facts about the Masters programme

Location

Berlin

Field of study

Business & Economics

Degree

Master of Science Management

Language

English

Start

Application deadline

ask the institution

Type of study

Full-time

Duration of study: 24 months

Tuition fees EU: 6250 EUR / semester

Tuition fees Non EU: no information

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Masters portal for Germany: www.master-and-more.de

Masters portal for Austria: www.master-and-more.at

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