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Master in Management at ESMT
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Management


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ESMT Berlin


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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 streams with a focus on international management. One stream is designed for quantitative decision analysts (Quantitative Business) and one stream for creative and strategic thinkers (Innovative Management). Depending on the stream, 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.

 


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, Marketing Management and Business Economics.

 

After the core phase of the program, students choose among two different streams. One stream focuses on quantitative business and includes subjects like Statistics, Operations Science & Supply Chain, Econometrics, and Portfolio Theory. The second stream concentrates on innovative management, including courses in Entrepreneurship, People Management and Sustainability.

 

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. Committed companies so far include Allianz, Axel Springer, Barclays, BMW, Bosch, Daimler, Deutsche Bank, Deutsche Post DHL, EY, E.ON, Gazprom, McKinsey, Siemens and ThyssenKrupp.

 

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

 

  • Business Analytics: Data Science and Data Mining, Advanced Decision Analysis, Spreadsheet Modeling, Predictive Analytics
  • Finance & Investments: International Finance & Risk Management, Entrepreneurial Finance and FinTech, Valuating Companies
  • Entrepreneurship & Innovation: Innovation and New Product Management, The Human Factor of Innovation, Design Thinking
  • Global & Digital Strategy: Understanding Global Challenges, Digital Disruption & Business Models, Digital Marketing

 

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

 

Working in groups, MIM candidates spend 1,5 months working on a Social Impact Project with an international NGO, non-profit, or social venture. This year, students worked on: Sustainable energy projects in Bangladesh and Madagascar; projects including the assessment of social innovation programs by a global consulting firm in Germany; measuring the cost of inaction in developing countries; developing a mobile app for health improvement in Berlin and launching a financial literacy program for German high school students.

 

Finally, while working on their Master’s thesis, students have the opportunity of a second internship and carry out their research with support from practitioners. Alternatively, particularly those who intend to pursue an academic career (PhD) may opt for working on a thesis topic in close coordination with a professor’s own research agenda.

 


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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.

 

A number of companies have officially given their support for MIM interns in their organization. Current internship partners for ESMT students include Allianz, Axel Springer, Barclays, BMW, Bosch, Deutsche Bank, Deutsche Post DHL, EY, E.ON, Gazprom, McKinsey, Siemens and ThyssenKrupp.


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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Management - Impressionen zum Masterstudium


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Übersicht der Masterstudiengänge - ESMT Berlin



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Funding Opportunities


ESMT will offer a limited number of partial tuition scholarships for students of exceptional academic merit. A small number of full-tuition scholarships will also be available for excellent applicants from developing economies in financial need (Kofi Annan Fellowship). Visit our website for more information on funding.

More info
 


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Hochschule

ESMT Berlin


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

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Kosten EU: 6250 EUR / Semester

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Studienort

Berlin

Fachrichtung

Wirtschaft und Management

Abschluss

Master of Science Management

Unterrichtssprache

Englisch

Studienbeginn

Wintersemester

Besonderheiten

fachfremde Bewerbung möglich

Bewerbungsschluss

anfragen

Studienform

Vollzeit

24 Monate Studienzeit

Kosten EU: 6250 EUR / Semester

Kosten Nicht-EU: keine Angaben

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