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Studying Management at the WHU

Are you interested in studying management at one of the best business schools in Germany? WHU gives you the choice between full-time or part-time studies and you can decide for yourself whether you want to complete your studies on campus or online. You are offered many different semesters abroad, through which you can make new and important connections.

Management studies at a glance

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Goals and functions of management

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 Information about studying

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Career opportunities in management

Financing options

General information about Management Studies

  • The term “management” describes two different levels of meaning.

  • In the institutional sense, it refers to the managing body, i.e. the leading person or a group of leading persons in a company. They deal with the organization, planning, management and control of resources and processes within the organization. This serves to effectively coordinate employees, finances or even technologies to achieve the company's tasks and goals and ensure its success.

  • It also describes the second level of management. In other words, all the activities that must be carried out by managers to work in a results-oriented manner.

  • In a management degree course, you will learn the basic practical and theoretical knowledge about the organization and management of a company or organization.

  • You will acquire knowledge in the areas of business administration, leadership, personnel management, marketing, finance and strategic planning.

  • In the past, the field of management was often part of degree courses such as business administration or economics.

  • In a constantly changing world and ever-increasing globalization, the difficulty and complexity of the tasks that managers take on has increased so rapidly that comprehensive and independent courses of study have now developed from them, which optimally prepare prospective managers for their future position.

  • However, these differ in terms of course content, organization and the various degrees. You can find more information on this below.

  • You can also expand and improve your management skills in special leadership seminars or continue your education if you are already working.

  • The selection of management degree courses is very diverse. They also differ in terms of the content taught and the resulting future career opportunities.
  • For example, you can complete a bachelor’s degree in Business Administration or in International Business Management, Nursing Management or similar. If you would like to acquire a combination of technical knowledge and management skills, a bachelor's degree in Industrial Engineering could be of interest to you. You can complete all of these degrees at a university, university of applied sciences or business school. As a rule, the bachelor’s degree is completed as a full-time course.
  • You then have the opportunity to deepen your knowledge with a master's degree program. This can be completed full-time, but there are also many part-time programs or the option to complete it online as a distance learning course.
  • There are a variety of options for master's courses, such as a Master's in International Business with a specialization in international markets, intercultural management and globalization. The Master of Business Administration (MBA) is usually a practice-oriented course of study for people already in employment who aspire to a management position. With the Master in Management (MiM), you will acquire in-depth management knowledge with a focus on leadership and strategic management.

Which WHU study programs are related to management?

Do you have a keen interest in business administration and how companies work and are managed, and have you just graduated from high school or are reorienting yourself? Then the Bachelor in International Business Administration (Management) at WHU could be of interest to you. It offers a sound education in business administration.

The course content in management covers the basics of economics, management techniques and soft skills such as teamwork and problem solving. The course prepares you for national and international careers and places great emphasis on practice-oriented teaching through internships, case studies and company projects. You also have the opportunity to participate in one of WHU's diverse master degree programs.

A bachelor's degree in management lasts 6 semesters (3 years) and is taught in English and German. Two internships, one of which must be completed abroad, are also part of the program. Upon completion, you will receive the title Bachelor of Science (BSc). After completing your bachelor's degree in management, you also could complete a master's degree program at WHU.

If you would like to deepen your knowledge in the field of management and your knowledge of business administration, the Master in Management (MiM) at WHU could be the right program for you.

You will learn specializations in the fields of marketing, finance, entrepreneurship, supply chain management and more. The program takes 21 months (120 credits) and is taught in English, although you also have the opportunity to study abroad and participate in international exchange programs.  

After successfully completing the program, you will be awarded the title Master of Science (MSc). You can start your career in a wide range of sectors such as management consulting, industry and services or start-ups and the digital sector.

However, do you not have a business background, but a great passion for management topics in global and international areas? Then WHU's Master in International Business Program is the right place for you.

This program aims to prepare students for international management tasks. Through modules in globalization, intercultural management and international markets, this master's program offers a deep understanding of global business and opens up professional opportunities for international careers.

The choice of modules is flexible, and you can adapt them to your interests and needs. The program also takes 21 months to complete. The content is taught in English, and you will mostly experience on-campus study, which ends with a Master of Science (MSc) degree.

In addition to these master's programs, WHU also offers a Master in Finance and a Master in Entrepreneurship, which deepen the specific subject areas.

Are you particularly ambitious and already have professional experience? Or would you like to take your career to a higher management level?

Then the Master of Business Administration (MBA) or Executive MBA programs could be of interest to you. These are primarily aimed at people who have already gained some professional experience and would like to acquire comprehensive management concepts. The focus is on internationality, practical relevance and leadership.

What are the course contents and how does a management degree program work?

If you have decided to study management, this typically includes a variety of business disciplines such as:

  • Business Administration

  • Marketing

  • Human Resources Management

  • Accounting and Finance

  • Leadership and Organization

  • Strategy and Corporate Planning

  • Business Ethics and Sustainable Management

The choice of modules depends on whether you are aiming for a bachelor's or master's degree and what your preferences and interests are. From the fourth semester of your bachelor's degree at WHU, you can deepen your knowledge in areas such as international economics, entrepreneurship, business law, sports management, or even event management and specialize in these areas.

This means that a degree course in management usually has a modular structure, whereby theory and practice are usually closely linked. At WHU, practical relevance is a central part of the course. This is ensured through close cooperation with companies, practical projects, case studies and guest lectures by company executives. In addition to the various lectures, you can also attend seminars in which you can further deepen your personal interests and preferences and acquire new knowledge. Various internships are also an integral part of the course. These can also be completed abroad and combined with semesters abroad at partner universities around the world.

Once you have decided to study management, you can choose from a wide range of study options:

  • Full-time study: This is the most common form of study, where you can concentrate fully on your studies and usually attend classes at the university.

  • Part-time study: This gives you the opportunity to study alongside your job. The modules and seminars are adapted accordingly. WHU offers flexible options for part-time management studies in selected programs, which are tailored to the needs of working professionals. 

  • Dual-study program: This is a combination of studying and practical training in a company. WHU does not offer dual-study programs. The information on this page is to inform interested readers about the different types of programs available.

All management degree programs, especially at WHU, have a profound international orientation and form the basis for building a career in international corporations. 

  • Close practical relevance offers students the opportunity to get in touch with companies and organizations at an early stage and make their first contacts in the working world.
  • Students can also take part in exchange programs with partner universities and semesters abroad with associated internships to expand their intercultural skills and language knowledge.

If all this has aroused your interest in studying management, WHU offers you a wide range of training and further education opportunities from bachelor's to master's level or even if you are already working.

What are the requirements for a management degree program?

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General university admission certificate

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Completed internships and professional experience in the field of management or business can be advantageous

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Aptitude tests such as the GMAT (Graduate Management Admission Test) needed for Master, MBA and EMBA. 

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Completed bachelor's degree, such as a Bachelor in Business Administration or comparable courses.

What careers can you pursue with a degree in management?

The career prospects for management studies are very diverse and offer you a great deal of variety. 

Management careers
  • Corporate management: As the head of a company, you are responsible for the management of the company and must make strategic decisions. You are also responsible for a good team under you.

  • Consulting: In this profession, you are an important advisor to the managing directors of a company and help with fundamental decisions to optimize the company. 

  • Marketing: As a marketing manager, you are responsible for selling products and continuously analyzing the market. You constantly develop new strategies and product improvements.

  • Financial management: In this professional field, you are responsible for the entire financing of the company and must constantly keep an eye on profitability. Cost efficiency is your top priority.

  • Project management: As part of project management, you are responsible for overseeing various projects. These projects are carried out and monitored under your supervision.

Promotion opportunities for managers

There are many ways in which you can advance in this career field. Some examples are listed below

  • Team leader: As a team leader, you are responsible for an entire team and must ensure that it works efficiently and that there is a good group dynamic.

  • Managing director or CEO: As a managing director, you are the top management position and are responsible for the strategies and the company.

  • Board member: As part of a company board, you are involved in important decisions.

 

 

 

 

Your salary can vary greatly depending on the industry and company.

Salary prospects in different management areas

The size of the company is also a decisive factor for your salary. In a small company, your salary will probably be much lower than in a large company with many employees.

On average, your starting salary will be between 40,000 and 60,000 euros (gross) per year. However, this also varies greatly depending on your position. While in middle management you will earn between 70,000 and 100,000 euros, in top management you can expect a salary of over 100,000 euros (gross) per year.

As a board member of a large company, your salary can be even higher.

 

Our MSc graduates receive a top starting salary.
Source of the diagram on the left: Career Entry Report Master of Science Programs 2019-2023

As a manager, it is always of the utmost importance to maintain professional contacts. 

Importance of networks and further training

These can be your springboard for various promotion opportunities and give you a big advantage over others. These contacts also offer good opportunities for exchange. Various networks, such as LinkedIn, help you to maintain this contact. It is also very important to regularly take part in various training courses. These can help you to obtain new certificates, but also to keep an eye on the latest trends in your industry. This way, you can always stay up to date and acquire new skills while also expanding your expertise. 

 

 

 

Has all this piqued your interest?
Then WHU is the right choice for you.

Studying management by distance learning or dual study?

Advantages:
If you start a distance learning management course, you can decide flexibly when you want to study. This type of study gives you the freedom to spend your time as you wish. It is also easy to combine with other commitments, such as a job. 

You don't have to move to a new city or commute for a dual or distance learning course but can study from anywhere. This type of course requires a great deal of self-discipline due to the free organization of study time.

Disadvantages:
During a distance learning or dual study program, contact with other fellow students and lecturers is very limited due to the lack of personal contact. The reduced exchange about your studies can lead to a lack of self-motivation and thus to neglecting your studies.

Advantages:
During a dual study program, students gain an insight into the world of work and thus gain a lot of practical experience. Academic training is combined with practical work experience in this course of study. This enables better opportunities in the professional world and improves and facilitates the financing of studies.

Disadvantages:
However, it is also possible that some students underestimate the time required for this type of course. The combination of studying and working is very time-consuming but also brings many advantages, such as work experience. If you opt for a dual study program, you must have good time management skills and a lot of self-discipline.

Study providers and programs

WHU – Otto Beisheim School of Management offers you many different options for your business management studies. The Part-Time Master in Management, for which you need a bachelor's degree in areas such as economics, is also very popular. This course is a part-time master's degree, which is particularly interesting for working professionals. This course combines studying with a career and is therefore very flexible. There are face-to-face classes, but also several online teaching units.

WHU offers a very large alumni network for your exchange with lecturers and fellow students. This means you can always stay up to date.

What financing options are available?

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Scholarships and financing options
WHU offers various scholarships and financing options. This offers you financial support to significantly reduce your study costs. Early applicants can also benefit from attractive early bird offers.
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BAföG
This option offers you great support with your study costs. Depending on the requirements, you will receive a grant to help you with your costs or even cover them completely. However, this only applies as a loan, so you will have to pay back some of the money at the end of your studies.
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Part-time job
Many students have a part-time job alongside their studies. This helps to pay for study costs and living expenses. With a student job, you usually have very flexible working hours and can focus on your studies on the side.

Is it worth studying management?

Studying management will teach you many different aspects of the professional world and prepare you for working in industries such as business. This profession offers you many different types of jobs and therefore many different career opportunities. It is up to you whether you decide to work for a small company with a few employees or a very large company with many employees. 

If you complete a Master in Management at WHU, you will also receive an attractive salary. You will learn many new skills such as communication, teamwork and leadership qualities, which can offer you many opportunities and new possibilities in your professional life. 

Through the alumni network at WHU, you can already make many new and important contacts, which will make it easier for you to start your career. 

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