M.Sc. International Business
DURATION
4 Semesters
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
Request application deadline
EARLIEST START DATE
Mar 2026
TUITION FEES
EUR 1,080 / per month *
STUDY FORMAT
On-Campus
* • Monthly payments are also possible • Enroll in this program by March 15 (for studies starting in fall) and get a 1,500 Euro fee discount.
Introduction
A non-specialized Master's degree in International Business is the perfect solution for Bachelor's graduates who want to acquire specific business expertise with a Master's degree. With the ISM Master of International Business, you can obtain a master's degree in business administration with any previous first degree in order to broaden your professional perspectives. Prior knowledge of business administration is NOT necessary.
In order to be able to study International Business, the university conducts an internal admission test. This asseses your personality, your motivation and your abilities. The Master's program in International Business is not restricted by a “Numerus Clausus” (NC, average grade).
Admissions
Scholarships and Funding
The ISM offers several grants and scholarships. The ISM sponsors highly dedicated applicants and students from the first term. For outstanding applicants, there is the possibility to apply for a full scholarship as well as a partial scholarship.
Full Scholarship From the First Term
High-performing beginners receive a full scholarship including all tuition fees for the bachelor program (six terms) as well as the tuition fee for the completing bachelor thesis. The scholarship does not contain financial support regarding accommodation, living costs, learning material, etc. Only the tuition fees for international partner universities that can be covered by the ISM’s tuition fee are covered by the scholarship. The remission of fees of the ISM full scholarship refers to the normal period of bachelor studies (only six-term bachelor degree programs). An application for the full scholarship is only possible before the 1st term.
Partial Scholarships
This kind of scholarship covers a part of the complete tuition fees at ISM. It does not contain financial support regarding accommodation, living costs, learning material, etc. Partial scholarships are always granted for two terms. For an extension of the partial scholarship please apply after one year anew.
Fee reduction: The fee reduction will be enabled for students, who cannot pay the full tuition fees due to economic and/or social conditions.
Important! The ISM scholarship and the Germany scholarship CANNOT be combined!
Curriculum
Semester One
Principles of Business Administration
- Principles of Procurement & Production
- Principles of Marketing
Financial Reporting & Taxation
- Financial Reporting
- Taxation
Management Theory & Practice
- Corporate Management
- Strategic Management
Quantitative Methods for Business
- Business Mathematics
- Statistics
International Business
- International Management
- Intercultural Management
Principles of Finance
- Investment Theory & Finance
- Cost Accounting
Semester Two
Leadership Skills
- Corporate Governance & Business Ethics
- Negotiation, Communication & Executive Presentations
- Leadership & Change Management
International Business Environment
- International Business Law
- International Financial Management
- International Financial Reporting
International Strategic Management
- Advanced Strategic Management
- Business Development
- International Business Game
Innovation Competence
- Innovation Management
- Project Management
- New Business Models & Design Thinking
Organizational Development
- Global HR Management
- New Work in International Organizations
- Transformation in the Global Environment
Semester Three
Financial Planning & Rating
- Business Planning & Modelling
- Rating
Consulting Project
- Managing Consulting Projects
- Consulting Project
International Controlling & Corporate Finance
- Corporate Controlling
- Business Planning & Venture Capital
- Financial Risk Management
Marketing in a Globalized World
- Digital Marketing
- Customer Relationship Management
- Advanced Market Research
International Operations Management
- Global Sourcing
- Production & Supply Chain Management
- Logistics Management
Semester Four
Master's Thesis
Rankings
The ISM is Top-Ranked and Unlimitedly State-Approved
The ISM University is state-accreddited unlimitedly and all study programs bear the seal of quality of the Accreditation Council and the FIBAA. The quality of the education is confirmed by HR managers, ISM students and alumni and the presence in numerous rankings where ISM consistently occupies top positions since many years, such as the CHE University Ranking, Universum, Trendence and U-Multirank, especially in areas such as:
- Internationality,
- Support at the beginning of the studies
- Graduation in due course
- Professional experience and contact to professional practice,
- Student mobility,
- International academic staff,
- Foreign language taught bachelor and master programs, etc.
Top position in the CHE Master's Ranking
In the current (2023) CHE university ranking for Master's degree programs, the ISM was rated very positively for all seven campuses. ISM achieved four out of five stars in all ten categories.
There was particular praise, for example, for the support provided for study stays abroad, the courses offered and for the very strong ties with professional practice.
Program Outcome
Master of Science (M.Sc.)
Program Tuition Fee
Accreditations
Program delivery
The students receive a sound business management education in a foreign master's programme. Due to the international focus of the program of foreign Masters in International Business, they are trained as international management experts.
In addition to the basic principles of business administration, accounting, and controlling, the prospective managers also learn about human resource management, international marketing, and international business management.
You will also expand your language skills.