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Name of the Masters programme

Master´s in Management


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ESMT Berlin


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    Master´s in Management
  • Brief profile
  • Course content
  • Career
  • Admission
  • Impressions
  • Masters
  • Financing Options
  • International Options
  • Contact
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Master's in Management at ESMT

The ESMT Master's in Management (MIM), designed for candidates with 0-18 months of work experience, is a two-year, practice-oriented program entirely taught in English. It teaches general advanced management skills, regardless of your previous studies. Courses are divided into two tracks: Quantitative Business, and Innovative Management. Within these two tracks, students choose among four specializations: Business Analytics, Finance & Investments, Entrepreneurship & Innovation, and Global & Digital Strategy.


The MIM allows for students to gain up to 10 months of practical experience, through a mandatory internship and participation in the Social Impact Project. In addition, students may participate in the Portfolio Management Program, in which they analyze and manage a real-money investment portfolio of 3 million Euros. Throughout the two years, MIM students receive an array of professional development services, such as career coaching, language classes, soft skills workshops, and networking events.

 

Furthermore, students may choose to earn a Double Degree at the Yale School of Management by completing the first MIM year in Berlin, and the second year at Yale.


International exchanges are also possible by attending electives at partner schools Imperial College in the UK, Singapore Management University, and the Smith School of Business at Queen's University in Canada.


The current class is made up of 112 students (two cohorts), out of which 82% are international and 38% are women. The MIM participants are on average 23 years old and have six months of average work experience.


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Master's in Management at ESMT Berlin: Subjects

During the first four months, students complete business core courses, 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.


Students then complete an internship of up to six months. MIM students receive advice and support from ESMT Career Services when choosing and applying to the internship. Companies where students found internship positions include Allianz, Barclays, BMW, Bosch, Daimler, Deutsche Bank, McKinsey, Rimowa, Zalando among others.

 

During the second year, students choose one of four specializations (linked to the track they have chosen in the first year):
 

  • Business Analytics: data science for analytics, predictive analytics / machine learning, risk modelling with spreadsheets, advanced decision making tools, value chain analytics
  • Finance & Investments: Investments (Portfolio theory and asset pricing), 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
  • Following the specializations, students complete a five-week Social Impact Project, one of the highlights of the program, followed by the Master’s thesis.

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Master's 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 Career Services team 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.

 

Recent MIM students were interning at (examples):
 

  • Accenture working in Consulting
  • Allianz SE working in Business Development and Strategy
  • Bosch working as Product Manager
  • Daimler Financial Services working as Risk Manager
  • Rimowa working in CRM for e-Commerce and Retail
  • Zalando working in B2B marketing

 
Besides internship support, the ESMT Career Services office offers the following to its students: Personal consultations and guidance from Career Services staff, skills workshops (examples are networking, CV and cover letter writing, interviewing and salary negotiations), on-campus recruiting and access to top recruiters, alumni panels and Master Classes, company visits in Berlin and Germany, an exclusive job platform. All these opportunities are aimed to enable the best career start possible for the MIM students.


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Master's in Management at ESMT Berlin: Admission

Application requirements:
 

  • A first degree in any subject
  • Ideally no more than 18 months of postgraduate work experience
  • Strong quantitative skills for applicants to the Business Analytics and Finance & Investments specializations (GMAT or GRE is recommended and may be requested)
  • TOEFL score (95 points minimum) or equivalent proof of English fluency
  • Online application including two references and essays
  • Individual interview in person or online

 

In addition, we look for the following key qualities in applicants:
 

  • Academic excellence
  • International outlook, intercultural competency, and a responsible approach to business
  • Potential for high-performance career growth in a global environment
  • Willingness to learn from others
  • Collegial behavior in high-stress situations

 


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Master´s in Management - Impressions of your Masters study





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Financing Options

Most ESMT students fund their studies with a combination of personal funds, loans, and scholarships.
 

ESMT offers partial tuition scholarships based on academic merit and diversity to support highly qualified candidates. The scholarship application is an integral part of the general online application.


ESMT offers access to alumni-funded loans through Prodigy Finance. In addition, the school works with Brain Capital which offers a special funding scheme. Please refer to our website for more information, or get in touch with the Admissions Office.


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International Options

The ESMT Berlin Master’s in Management offers exciting international options for students who want to personalize their study experience further.

 

Double Degree with the Yale School of Management

Students may spend their first year at ESMT Berlin and their second at Yale School of Management, before submitting their dissertation at ESMT. Applications for the Yale program will only be accepted after enrollment at ESMT and admission is not guaranteed. Successful candidates will earn a MIM from ESMT and a Master of Management Studies in Global Business and Society from Yale.

 

International exchange

ESMT has partnered with Imperial College Business School in the UK, Singapore Management University, and the Smith School of Business at Queen’s University in Canada to offer MIM students an enhanced global study experience to build the necessary aptitude and knowledge to successfully navigate international careers. These semester exchange options are offered after the core module in the first year of the MIM or in the second year, depending on the institution.


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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: 25 000 EUR / total costs

Tuition fees Non EU: 25 000 EUR / total costs

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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: 25 000 EUR / total costs

Tuition fees Non EU: 25 000 EUR / total costs

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