INTERNATIONAL BUSINESS

About the programme
Language: English  (See language requirements)  | Place of study: Aarhus  |  Commencement: August / September (no winter intake)

Introduction

The focus of the courses offered by the MSc in Economics and Business Administration - International Business is the internationalisation of businesses and related international activities.

Internationalisation is a major driving force in today's business for sourcing as well as selling. A wide set of globalisation modes are at hand – from simple export to foreign direct investment or participation in border crossing networks. The MSc in Economics and Business Administration - International Business deals with the challenges of globalisation and ways to handle them. Key concepts are business development and control of foreign operations.

Admission Requirements

Students that hold a Bachelor of Science degree in Economics and Business Administration (HA) or variants hereof from Aarhus University, can pursue direct admission to MSc programmes in Economics and Business Administration after they complete their Bachelor’s degree programme. Please note that there are specific requirements to the composition of the electives for the Danish Bachelor’s degree in Business Administration and Commercial Law.

Students holding a Graduate Diploma in Business Administration (HD) can also pursue admission to the MSc programmes in Economics and Business Administration. However, it is required that you complete supplementary courses corresponding to 20 ECTS. For information on which supplementary courses you should take please check the overview of supplementary courses for HD (available only in Danish).   

Students that hold a degree from another university

If you hold a degree from another university, you can have your qualifications assessed by Aarhus University, Admission in order to find out if you meet the admission requirements. Please contact ma.admission@au.dk for further information. You can receive a pre-assessment between 1 September and 1 December. The assessment will prioritize the sufficient content of the following subjects and ECTS-points, cf. below.

Quantitative and Qualitative Methods

15 ECTS

Managerial economics and Operations Management

15 ECTS

Marketing

7,5 ECTS

Finance and Accounting

15 ECTS

Organisation-  and Leadership Theory

7,5 ECTS

Microeconomics

5 ECTS

Additional ECTS points within the abovementioned areas

15 ECTS

Total ECTS within Economics and Business Administration

80 ECTS

 

Language Requirements

Since English is the language of instruction in all subjects, all applicants are required to provide evidence of their English language proficiency

 


Programme Structure

Academic Regulations

Below is an outline of the courses:


PREREQUISITE COURSES

In the first semester three prerequisite courses offer you an advanced insight into the theories and topics that are crucial for the understanding, definition and solution of International Business related problems. 

The course Emergence of the Global Enterprise gives students a profound understanding of the different theoretical perspectives on the internationalization of firms in order to understand the drivers and decision-making related to the emergence of global enterprises, the operation of the global enterprise, and global business models. 

Emerging markets, their institutions and challenges. The course aims at providing an analytical framework for understanding emerging markets and their institutions. The importance and growth potentials of emerging markets, such as for example the Chinese, mean that they cannot be ignored, but their particularities at the same time pose serious liabilities of foreignness for Western firms. Overcoming these liabilities must start with an understanding of the institutional differences between the emerging markets and the economies of the West. 

Management Research Method focuses on the production of qualified and justified knowledge which lives up to scientific quality criteria. This is a sine qua non issue for any candidate in business economics, who wishes to make decisions on an informed background. The course introduces a variety of research designs applicable when carrying out research in the area of organisation and management and related areas. Focus will first be on the philosophical issues pertaining to the creation of valid knowledge. In the second part focus will be on techniques for data collection and analysis. These techniques include qualitative as well as quantitative approaches. 


SPECIALISATION COURSES

The second semester comprises the following compulsory specialisation courses 

The course Organizing and Managing the Multinational Corporation provides students with an understanding of how multinational corporations are organized and managed, and how the MNC can develop different management practices and organizational capabilities dependent on specific contingencies and circumstances. This understanding enables students to take part in decision-making processes within MNCs in a qualified manner. 

The course Intercultural Competences gives students with an understanding of how to deal with cultural differences, the role of culture as frameworks for individual and collective actions, and the interplay between cultural structures and individual behavior and train the ability to identify challenges faced by international managers, synthesize the insights gained from the various theoretical fields, and challenge and critically evaluate both functionalist and constructivist, theories and concepts of culture and management. 

The course Human Resource Management and Development gives students a fundamental theoretical and practical insight into and understanding of the Human Resource Management (HRM) field – the dynamic interplay of person, job, and organisation. The course aims to train the ability to identify and understand different HRM issues and dilemmas within the field, and also in different forms of organisations. The course will also deal with International HRM. 

The course B2B Purchasing Management will teach students how to develop and manage the global purchasing function of an organization. This includes understanding how social buyer-supplier relationships are established, developed, and managed.

Student Life

 

Learning in an International Context

At Aarhus BSS, we conduct research at the highest academic level.

All researchers employed are engaged in research projects covering a wide range of different subjects and focusing on knowledge and skills considered essential for professional business activities in the global marketplace. All faculty have both research and teaching responsibilities, which means that our teaching is continually based on the latest research results.

Aarhus BSS is very internationally oriented. The broad scope of our research activities and educational programmes enable us to attract researchers, teachers, and students from all over the world, and this creates an international environment for research and learning in which academic views are exchanged, experiences are gathered and friendships are formed.

Aarhus University is a leading university in Denmark in building student exchange opportunities. The university encourages all students to spend time studying abroad. Every year, more than 700 students from Aarhus BSS go abroad to participate in exchange programmes around the world at our more than 300 partner universities. About the same number of students from all over the world come to participate in the exchange programme in Aarhus, and this contributes to a truly international learning atmosphere.

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Career

Tasks as a Graduate

This data is derived from AU's 2013/2014 employment survey. This data should not be considered a completely accurate representation of the labour market and job functions for all graduates of the individual degree programmes. It exclusively represents the responses submitted to the survey in the years in question.

JOB PROFILE

 

The study programme is aimed at providing you with the competences required to take part in the decision-making processes in a business with extensive international commitments or a public institution.

There are several career paths:

  • Danish and international businesses where you may be employed by headquarters or by a foreign subsidiary. Most often, the career will start with a job as an analyst, which may lead to a senior position such as Head of specific activities.
  • Ministry of Foreign Affairs, for example, as an employee at an embassy, as consulate generals and other international representations. Frequently, careers will start and proceed through the commercial departments, the goal being ambassador positions.
  • International service companies offering consultancy services to businesses which lack the necessary capacity within, e.g. financial advice, the conduct of international market analyses, the planning and implementation of FDI, either in the form of the establishment of new subsidiaries and/or acquisitions etc.

 


     PROFILE OF COMPETENCIES

    The research-based MSc study programme in Economics and Business Administration builds on the competencies and insights acquired in the BSc study programme in Economics and Business Administration.

    The study programme provides the graduate with specialist knowledge within the disciplines of the study programme, which gives the graduate high academic qualifications to develop solutions to issues pertaining to business administration in companies and organisations in the public and private sectors.

    The study programme also qualifies the graduate for further studies, including PhD studies.

    Through the study programme, the graduate has acquired knowledge that enables the graduate to

      • Analyse complex issues pertaining a semi-globalised world to design and implement firms’ internationalisation strategies
      • Design and manage an organisation with geographically dispersed entities
      • Critically reflect on the consequences of existing barriers and links between different countries and markets
      • Understand and consider knowledge pertaining to the various disciplines as well as identifying academic issues
      • Master the scientific methodologies and tools of the various disciplines as well as mastering general skills associated with employment within the areas studied
      • Assess and choose among the scientific methodologies and tools of the various disciplines as well as developing new analysis and solution models
      • Discuss professional and academic issues with both specialists and laymen
      • Manage work and development situations that are complex, unpredictable and require new solution models
      • Initiate and carry out, on an independent basis, monodisciplinary and interdisciplinary collaboration and take professional responsibility
      • Take responsibility, on an independent basis, for own professional development and specialisation

      From Studies to the First Job

      ”The transition from campus to corporate is challenging but also exciting. Remember that it is not expected that you know everything from day one but it is expected that you are interested and seek out new knowledge and stakeholders to solve your work tasks.” (Msc in International Business)


      ”Start seeking a job before graduation and make sure too keep your spirit up even though the job does not come at first – f.ex. by participating in proactive job searching networks.” (Msc in International Business)