MASTER BUSINESS MANAGEMENT (M.SC.) - Steinbeis University Berlin PROGRAM OVERVIEW
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Program Overview The program for managers, experts and innovators of the future The Steinbeis M.Sc. in Business Management will provide program will give you a deep knowledge of the issues and you with a comprehensive insight into the most important advancements changing the face of work. business topics of the modern economy. Designed to give you Benefit from a Higher-Education “Made in Germany” – the excellent grounding in general management combined with basis of Germany’s economic success – combined with specialization in the areas of your choice, the program will a unique student experience with our innovative Online equip you with the skills you need to take your career to the Learning System. next level. Start anytime from wherever you are in the world. Enjoy This intensive and individualized program offers a choice of the advantages of a global faculty and our unique industry five Major and over 10 Minor areas of study. This allows you network with leading German and global companies. Study to choose the specializations that best suit your goals and within an international community of highly motivated fellow career path. Use our Study-Configurator to customize your students all over the globe. study program, building on your unique skills and preferences and adapting to the needs of your chosen field. In combination with individual coaching and mentoring to support you during your studies, this M.Sc. in Business Covering the latest developments in areas such as Business Management will give you the expertise you need to step into Model Innovation, Digital Marketing, Data Science, Innovation the future of work with confidence. Management, and the Internet-of-Things, this challenging Quick Facts EN YOUR DEGREE DURATION LANGUAGE Master of Science (M.Sc.) From 18 to 48 Months – 100% English in Business Management you decide. Part-time or full-time STUDY LOCATION START DATE ACCREDITATION 100% online in your home country + anytime Internationally-recognized the option to study in Germany for a accreditation by the Foundation semester of International Business Administration Accreditation – FIBAA 2
The way you learn at Steinbeis Real-world projects & challenging case studies Learn & apply – the dual approach. Peer-2-peer learning 1-on-1 coaching & An international learning mentoring community, designed Your personal Steinbeis to accelerate. study coach. The Steinbeis innovative learning system Control, track, pace & manage your learning Asynchronous courses success. Synchronous courses Learn anytime, & live online classes anywhere – via video, Get in direct contact with audio & text. your professor – interact with your peers. Self-paced learning Gamified learning Benefit from an innovative Quizzes, business simulations educational approach, tailored & serious games: learn with fun to your needs. & efficiency. 3
Program Structure Building on your strengths, you can choose from a wide range of elective modules. Specialize in topics that excite you and can help advance your career: Combining a strong general management foundation with employers. While the business foundation is mandatory up-to-date knowledge from the specializations of your choice for every student, you will get to choose one major and two gives you the tools you need to meet the needs of modern minors based on your career and learning objectives. Master Business Management (M.Sc.) Learn the basics Choose your focus Choose your specializations BUSINESS FOUNDATION MAJOR MINOR Management and Entrepreneurship Management, Entrepreneurship and Management & Innovation Strategy - advanced Leadership Entrepreneurship Marketing, Media and Communication Managing Projects - advanced Strategic Marketing Management Marketing and Consumer Behavior Sales Management Innovation, Technology and Digitization - advanced Economics, Politics and Society Marketing Innovations Finance Finance, Banking and Controlling - Data Science advanced Research, Science and Quantitive Methods Digital Innovation Organization & Personnel - advanced Advanced Statistics Business Transformation Technology for Business Human Resources Management Change Management Management of Banks Digital Finance ABSOLUTELY UNIQUE PERSONAL COACHING In our Innovation and Thesis Project you will work on real You’ll never walk alone! Coaching, mentoring and student world challenges, with opportunities to do case studies, support are an integral part of our unique learning company projects and (virtual) internships. environment. The Steinbeis Team is here to support you as you progress along your learning journey. 4
Your Study Program Foundation MANAGEMENT The Steinbeis Master Program is designed to give you a deep understanding of all corporate AND BUSINESS functions with a special focus on innovation and emerging trends in Management and Business. FOUNDATIONS The comprehensive curriculum of eight courses covers central topics in the fields of business, management and economics. Courses are taught by industry experts and world-class Steinbeis professors. You will receive a wide range of methodological tools to solve complex management challenges and learn the skills needed to make excellent management decisions. Based on the unique German science of teaching, the program combines practical and theoretical knowledge that is always state-of-the-art, qualifying you for international management positions. What you will learn in the program: Strategic Management • Foundations of Strategic Management • Design Thinking and beyond Leadership and Communication • New Leadership and Communication • Customer Relationship Management Project Management • Agile Project Management • Change Management and Business Transformation Markets, Customers & Marketing • Strategic Marketing • Marketing Intelligence Economics, Politics and Society • Applied Economics • Modern Politics and Connected Society Finance • Management Accounting • Business Planning and Development Philosophy of Science and Research Methods • Research, Theories and Paradigms • Behavioral Science and Qualitative Research Methods Advanced Statistics • Quantitative Research Methods • Smart Data Analytics and Artificial Intelligence 5
Majors MANAGEMENT, “Management, Entrepreneurship and Strategy” Modules in this major: ENTREPRENEURSHIP focuses on Entrepreneurship, Change • Introduction to Management and AND STRATEGY Management and Innovation Management. Entrepreneurship: Theories and developments in modern management During this program, you will learn how to • The Steinbeis Innovation-Project: Develop develop sustainable business strategies and to innovations, creative business ideas, execute complex management and leadership products or start-ups tasks in organizations. • Managing the Modern Organization: Change, Agility and Leadership By dealing with strategic issues of • International and Intercultural Management entrepreneurship, organization development and internationalization, you will gain the essential skills needed to take on leadership and advisory roles. ADVANCED “Advanced Marketing, Media and Modules in this major: MARKETING, Communications” focuses on Strategic • Introduction to Marketing, Media MEDIA AND Marketing, Digital Marketing and Strategic Brand and Communication: Theories and COMMUNICATIONS Management. It is designed to prepare you for developments in modern Marketing, Media leadership and advisory roles, particularly in and Communication marketing in media companies, communication • The Steinbeis Innovation-Project: Develop and creative agencies, and consultancies. innovations, creative business ideas, new marketing campaigns, products or start-ups • Exploring the context of marketing • Communications ADVANCED “Innovation, Technology and Digitalization” Courses in this major: INNOVATION, addresses the key implications of modern • Introduction to Innovation, Technology TECHNOLOGY AND technology and innovation for the management and Digitization: Theory, overview and DIGITALIZATION of organizations. developments in Innovation Management, Technologies that change business Today’s managers need a thorough strategies, Digital Innovation understanding of technologies, platforms, digital • The Steinbeis Innovation-Project: Develop systems and networks to be able to successfully innovations, creative business ideas, new apply management strategies and methods. digital products, services or start-ups This major will provide you with a comprehensive • Innovation Science overview of these key topics and give you the • Managing the Modern Organization: skills to analyze and critically reflect on them. Change, Agility and Leadership In addition to product- and service-based Innovation Management, you will also gain a deep knowledge of organizational innovation and business transformation, and will know how to evaluate their implications for business and society. 6
Majors ORGANIZATION, ”Organization, Human Resources and Courses in this major: HUMAN Leadership” covers all the corporate functions • Introduction to Organization and HR: RESOURCES AND that deal with people and how they interact. Theory, overview and developments in LEADERSHIP Human Resources (HR) focuses on ways to Organization and Human Resources recruit the right people and help them develop Management in organizations. This major also addresses the • The Steinbeis Innovation-Project: Develop strategic direction of organizations, as well as innovations, creative business ideas, new the design of networks to enable organizations digital products, services or start-ups to collaborate and reach their goals. The minor courses are designed to help you critically reflect on the leadership competencies needed to excel in these key functions. ADVANCED Get qualified for the financial service industry Courses in this major: FINANCE, BANKING in the digital and tech-driven age. “Advanced • Introduction to Finance, Banking & FINTECH Finance, Banking & FinTech” gives you the skills and FinTech: Theory, overview and you need for a management position in the developments in Banking and FinTech financial services sector. • The Steinbeis Innovation-Project: Develop The main topic of this major is the financial- innovations, new digital products and quantitative control of corporate and private services or Fintechs and digital Services investment and financing decisions. Special attention is given to areas of the future: FinTech and digitalization in the financial service industry. The program is designed to prepare you for work in the areas of controlling, accounting, strategy, corporate transformation and financial management. You will gain and scientifically discuss procedures, models, instruments and methods for measuring and controlling profitability and risk in companies. In the area of finance, the focus is on subjects such as portfolio optimization models, pricing approaches to the valuation of financial derivatives and behavioral finance. In the area of banking, advanced methods for pricing banking products are discussed, as well as modern concepts of optimized risk capital allocation. 7
Minors MANAGEMENT AND Innovation plays a crucial role in creating As part of this minor, you will take the INNOVATION competitive advantage and ensuring business following courses: success. ”Management and Innovation” will give • Innovation Management I you a deep understanding of the diverse aspects • Advanced Innovation Management of Innovation Management and Managerial • Managerial Economics Economics. You will become familiar with the state-of-the art concepts of these subjects and know how to link them with business practice. ENTREPRENEURSHIP Do you aspire to be an entrepreneur? Is your As part of this minor, you will take the goal to foster an entrepreneurial spirit within following courses: an existing organization? If so, the minor • Entrepreneurship: Theory and Practice “Entrepreneurship” is for you! • Sustainable Growth Strategies for Start-ups • Leadership and Competencies in Start-ups This course will equip you with the latest theoretical insights in entrepreneurship. Practically, it will also teach you how to tackle real-life business challenges and sharpen your leadership skills. Gaining a deep insight into traditional and digital business models for start-ups, you will learn to grow organizations sustainably. You will also gain expert knowledge on corporate entrepreneurship and Intrapreneurship. STRATEGIC „Strategic Marketing Management“ gives you As part of this minor, you will take the MARKETING the skills you need for management roles in following courses: MANAGEMENT strategic and creative marketing. • B2B- and Service Marketing Strategic marketing plays a key role in ensuring • Pricing and Marketing Controlling a consistent positioning of brands, products • Marketing Communications and Branding and companies. Thus, it is essential for long- term business success. In this program, you will cover Marketing Communications and Brand Management, addressing issues such as the increasing fragmentation, integration and digitalization of communication channels. Business-to-business (B2B) and service marketing are examined from a strategic perspective. Additionally, you will gain the skills to develop sustainable pricing strategies and control systems for integrated marketing. 8
Minors SALES ”Sales Management” is ideal for those who As part of this minor, you will take the MANAGEMENT specifically envision a career in Sales or following courses: professionals who want to increase sales and • Sales Management and Negotiations improve business success. • Strategic Sales Management • Sales Operations This program will give you the skills you need to develop sales strategies, design sales operations and lead sales employees. You will also learn several techniques that will allow you to excel at negotiations. MARKETING If you want to boost your career in the field of As part of this minor, you will take the INNOVATIONS digital marketing, “Marketing Innovations” is a following courses: perfect fit. Thanks to its unique combination of • Digital Marketing Strategies both strategic and technological components, • Marketing Technologies this minor will provide you with a profound • Influence, Persuasion and Neuromarketing understanding of the latest trends in digital marketing. You will learn about the key concepts and the implications of a digital context for brand leadership. The program also covers the current debates on customer relationship marketing and various tools and software relevant to digital marketers. DATA SCIENCE The contemporary business environment is As part of this minor, you will take the characterized by increasing digitalization. This following courses: means professionals need solid software skills • Analytical Processing in addition to profound business insights. “Data • Anomaly Detection, Correlation and Science” introduces you to the key software Causation, Clustering, Predictive Modeling skills that you need to succeed in in today’s • Advanced Analytics – Machine digital markets. Learning, Neural Networks, Naive Bayes, Recommender Systems After completing this program, you will be equipped to professionally interact with computer scientists and programmers to find solutions to complex business problems. 9
Minors DIGITAL Digital innovation and technology form key As part of this minor, you will take the INNOVATION success factors in today’s business world. following courses: “Digital Innovation” will provide you with the • Digital Technology knowledge and skills needed to take on these • Advanced Digital Technology modern business challenges. • Innovation Orientation and Inspiration This program covers the key theoretical foundations of digital technology. You will gain advanced insights into contemporary debates on digital technology and develop the skills to assess corresponding management decisions. As part of this program, you will also learn how to foster an innovation orientation – with individuals and within organizations. BUSINESS ”Business Transformation” covers the broad As part of this minor, you will take the TRANSFORMATION range of modern management methods and following courses: concepts you need to successfully lead an • The Organization of the Future organization in times of change and increasing • Digital Economics – Implications for digitalization. Business and Society • Business Model Innovation The program covers the key concepts and challenges involved in Business Model Innovation. Various elements of business transformation will be addressed, with critical reflection on the “organization of the future”. Additionally, you will gain deep insights into Digital Economics and learn how to assess the corresponding implications for business and society. 10
Minors TECHNOLOGY FOR The manager of the future needs a deep As part of this minor, you will take the BUSINESS understanding of technology. following courses: In almost every industry, more and more • Industry 4.0, Internet of Things and companies and corporate strategies are Innovation in Engineering technology-driven. Competition is decided • Data and Digital Innovation by the innovative strength of companies. • Understanding Software Engineering and For a manager focusing on business issues, Coding for Business-Manager marketing, finance or strategy, high-tech knowledge and skills are essential. What do Big Data, Machine Learning and Artificial intelligence, Internet of Things and Industry 4.0 mean? How do value chains and market structures change due to technological disruptions? This program addresses these questions. And since software and coding are increasingly relevant for business models, you will also learn how engineering projects are structured, which software trends are relevant, and you will acquire basic but important coding skills. HUMAN RESOURCES “Human Resources Management” covers the As part of this minor, you will take the MANAGEMENT diverse strategic and operational challenges following courses: involved in the contemporary management of • HR Strategy employees. • Workforce Management • HR Value Chain Given the global “war for talent”, Human • Labor law Resources Management has become an essential corporate function. In this program, you will learn how to design a powerful and sustainable HR strategy and gain deep insights into the various elements of the HR Value Chain. Workforce Management and Labor Law will also be addressed. CHANGE ”Change Management” will provide you with As part of this minor, you will take the MANAGEMENT a thorough overview of the major challenges following courses: involved in organizational change. • Change Management • Organizational and decision-making Since organizational change often has far- techniques reaching effects, it can provoke resistance • Developing teams and managing conflicts among certain members. This program • Organizational Consulting and addresses the key theoretical concepts and Development stages of organizational change management. You will gain knowledge of methods and techniques that will help you successfully tackle change in organizations. 11
Minors MANAGEMENT “Management of Banks” deals with the concept In this minor you will take the following OF BANKS of profit-oriented bank management as well as courses: the philosophy of the holistic management of • Behavioral Finance banks. Driven by the ideas of the inventors of • Calculation of profitability and risk in credit modern bank management, you will learn the institutions theoretical foundations and implementation- • Integrated risk/return management and oriented solution approaches of a highly business simulation developed bank controlling concept. • Risk Management The program covers classical topics such • Strategy development in banks as integrated risk/return Management. • Markets, Marketing and Sales Additionally, Innovative management concepts • Personnel and organizational development such as those in the field of personnel and in banks organizational development are addressed, • Management of restructuring and mergers along with the latest strategic approaches. • Banking ethics in the market economy This specialization is always embedded in the context of a modern overall bank management. DIGITAL FINANCE “Digital Finance – FinTech” will familiarize you In this minor you will take the following with the landscape of digital finance. You will be courses: qualified to carry out strategic and operational • The Fintech Landscape: Foundations, tasks and projects in the context of the digital Payment and Regulation finance world. • Blockchain and Cryptocurrency The Financial Service Industry will • Investing, Lending and (Crowd)Funding in fundamentally reinvent itself in the context the digital age of digitization. Customers, investors, banks • Applications such as Artificial Intelligence, and insurance companies, global and national Machine Learning, Big Data, Insurtech institutions will develop completely new forms • Digital Customer Interaction and Service of transaction, interaction and value creation. • Digital Transformation of Financial Services Blockchain, artificial intelligence, mobile • Frameworks and Strategies to implement payment, and other fintech innovations offer digital innovation for the FSI financial services companies the opportunity to improve operations and customer experience, reduce inefficiencies, and increase revenue. With this specialization you will be at the forefront of the Digital FinTech Revolution. 12
Admission requirements To enroll in our international Master program, you have to have a Bachelor Degree or equivalent. Please contact our admission team to check if you are eligible to study at Steinbeis University. These resources will also help you check your eligibility: • The German Higher Education Compass (Germans Rectors’ Conference) • The Database on Admission Requirements + additional information for IB diploma and for GCE Financing STUDY FEE 663 € per Month (if you study 24 Months) + 500 € Matriculation fee at the beginning of the program + 500 € Examination fee at the end of the program 15.920 € total study fee Scholarship THE STEINBEIS SCHOLARSHIP PROGRAM FOR INTERNATIONAL STUDENTS Being part of the Steinbeis Foundation, Steinbeis offers partial tuition scholarships of up to 50% for accepted students who show academic merit and interpersonal skills. Scholarships are allocated based on motivation, personal and professional achievements and academic excellence. Scholarships will be awarded to candidates with any backgrounds. To apply for a scholarship and check your eligibility, please fill out the application form. The deadline for scholarships is December 31st, 2020. 13
5 Reasons why you should study at Steinbeis? Innovative Curriculum 1 that you can personalize to your needs Unique learning experience 2 with high flexibility Leading world-class faculty 3 100% approachable and accessible to you Get connected 4 with our German industry network and a global learning community. Plus: Come to Germany for a semester Benefit from a student-centric university approach 5 Support services, coaching & mentoring 14
Steinbeis University Berlin The Steinbeis University and its Business and Engineering Schools Steinbeis University is the largest private university in What drives us? Innovation, research and knowledge Germany. It is a subsidiary of the globally active Steinbeis transfer: Foundation, which stands for knowledge transfer and Steinbeis University takes a transfer-oriented approach innovation at the interface between science and business. on research and teaching. The foundation is a systematic, And the university is a pioneer! This is where the transfer practice-induced creation of our own research resources. study program was developed, which is a world-wide In this way, we provide our students not only with the unique study model. basics and methodology, but also with up-to-date knowledge from research results. Your Alma Mater The Steinbeis School of Management and Innova-tion is a Equipped for the challenges of today’s world Our students business school at Steinbeis University. SMI is responsible develop solutions to problems based on ideas in a real for all content of the study programs according to the environment. This requires them to apply, develop and study and examination regulations and implements expand their skills systematically at various levels. In this the study program. Students receive their degree from way, our students learn what will make them outstanding Steinbeis University Berlin. Part of SMI is also a Graduate to be able to act competently and innovatively in a world Technology and Engineering School, focusing on new tech that constantly challenges them anew in different ways like Industry 4.0. with ever more dynamic changes. Since 1998, Steinbeis University has been officially recognized as a private university. In the fields of Business Learning for life. Studying for life. & Economics, Leadership & Management and Technology Every project that our students carry out during their & Engineering it offers Bachelor, Master and MBA studies brings them one step closer to the ideal we strive programs as well as research and doctoral programs. No for: a personality that is comprehensively educated in matter how different the respective programs may be, they theory and practice. are all essentially based on the ideas and way of thinking Moreover, all business students have a wide range of of Ferdinand von Steinbeis - the inventor of dual education. opportunities to enrich their studies with the technology that shapes the 21st century: from bite-sized tech-focused The principles of the university to which we strongly mini degrees to an entire Business Engineering course of commit: study. Maximally practice-oriented, customer-oriented and entrepreneurial. 22.000 98% 9.000 Alumni students would recommend Active Students Steinbeis University to their friends 15
Mission We build truly student- centric learning experiences for tomorrow’s leaders … … equipping the next generation of committed learners with the knowledge and skills they need to succeed amid the challenges of the 21st century. Technology & Flexibility & Openness & Innovation Customization Curation We use leading-edge technology to We’ve built the world’s first online We’ve developed an agile curriculum enable seamless student journeys that study configurator, giving students the setup that allows us to respond in both meet and exceed the needs of power to design a program that fits real time to industry developments, modern learners. their schedule and ambitions. Whether introducing fresh academic content on We embrace and pioneer new the goal is a bachelor’s or a master’s, demand. Drawing from our net-work of educational formats – from ‘snackable’ to study remotely or in-person, part- industry experts as well as the Open asynchronous mini-courses to AR- time or full-time, the configurator Online Courses and VR- driven experiences and even makes it easy to find a range of (MOOCs) that meet our academic gamified study programs! programs and formats to choose from. standards, we offer an up-to-the- minute course selection that evolves as you do. 16
Industry Partnerships Bridging classroom and industry Since the early 1980s, we’ve been working closely with immensely from opportunities to put theory learned in the some of the biggest names in German innovation – not only classroom into practice in the real world, gaining hands-on have their experts lectured regularly in our classrooms, our experience in the workplace, which boosts their resumes students frequently participate in projects and internships and eases the transition from school to career. Industry on their premises, many going on to become highly valued partners, for their part, not only bring the latest insights employees. and research findings into the classroom, ensuring the curriculum stays relevant, but learn how tomorrow’s leaders The advantages of the dual education system pioneered think and perceive the world, gathering insights for the by Ferdinand von Steinbeis have demonstrated themselves breakthrough innovations that will shape the future. time and again over the past four decades: students profit 17
Get in touch Berlin Berlin Berlin Anika Gerardo Bérangère Steffan Tejo Gramaccioni Head of Student Advisory Head of Admissions Student Advisory a.steffan@steinbeis-smi.de g.tejo@steinbeis-smi.de b.gramaccioni@steinbeis-smi.de Steinbeis School of Management and Innovation Steinbeis University Berlin, Germany Franklinstraße 15 10587 Berlin Tel +49 30 398 85 05-28 info@steinbeis-smi.com www.steinbeis-smi.com 18
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