Otto-von-Guericke-Universität Magdeburg


International Business and Economics/ IBE

Study Program: International Business and Economics
Degree: Bachelor of Science (B.Sc.)
Duration: 6 Semesters, full-time
Type: Theoretical, mathematical, language orientation
Language: English
Study Groups: Classes with approx. 80 students
Special Requirements : TOEFL (min. 90 pts.), IELTS (min. 6,5)
Tuition: Subsidized by the German government for all students
Admission: University entrance  requirement
Modules: Overview of classes: Program Structure
Credits: ECTS 180, including Bachelor's Thesis + Seminar
Begin: Winter semester only (October)
Accreditation: Since 2012 by  ACQUIN

Study program description:

Students seeking their first academic degree in the field of business and economics studies, who are interested in analytical mathematics, language studies, and global perspectives. We expect a good level of advanced mathematics and English. The degree is suited for those who plan a career in any sector of international/ national business or organization administration.

The university system in Germany is based on a strong self-organizing structure, which includes familiarizing yourself with the study handbook and regulations. Students should be very responsible, self-organized, and flexible to ensure that they can finish the program successfully. A typical study week involves approx. seven lectures of 90 minutes each, plus two or three tutorials. Prior to and after attending lectures, students are required (approx. 3 hrs/wk per class) to independently study in order to expand and reinforce their understanding of the material introduced in class.

The six semester curriculum consists of compulsory and elective courses. During the first four semesters, students begin their studies with the compulsory modules with 120 credit points (CP) which introduce mathematical methods (20 CP) and academic language skills (25 CP). Following, students must choose a specialization through elective courses either in International Business or Economics. The bachelor's thesis, resulting from the final seminar in International Business or Economics, rounds off the study program.

Study Counselling:

The university has a variety of offices to support students during their studies, including workshops and personal counseling. Exclusively for ISP students, the program coordinator of International Study Program Office assists with study organization and advising. Additionally, an academic orientation seminar is offered at the beginning of the winter term as well as multiple presentations which are held by students for students (SIMP-SON) about university life and integration into German society.

International elements:

- all English instruction and examination;
- balanced mixture of local and international students;
- support by the universities excellent international office;
- large community of international students supported by international student organisations.

Study Abroad:

Our faculty fosters well-established relationships with reputed universities in many countries. If undergraduate students wish to study abroad during their fifth semester, the faculty will be happy to advise and provide credit transfer counseling. Travel grants may be available on an individual basis and must be applied for. For detailed information and counseling, please visit the homepage of the International Office and the faculty.


There are no compulsory internship requirements. However, we provide guidance to students who would like to apply for a semester break in order to complete a self-organized internship during the bachelor's study program. Furthermore, the AIESEC and Leonardo Da Vinci organizations provide opportunities to both German and international students.


The Bachelor's in International Business & Economics prepares students from all over the world for challenging future responsibilities in the private and public sectors of their economies, as well as for graduate studies either at the University of Magdeburg or any other German or international university. Career opportunities cover fields like managerial communication, organizational behavior, international management, human resource management, or economics, including banking and finance. If you would like more information about career services, internships, job search counseling, job interviews, etc., please visit the Career Service Center, which is an institution of the Otto-von-Guericke University.

Letzte Änderung: 13.12.2017 - Contact Person: Webmaster