Faculty of Economics and Management

International Study Program

Structure:

1st - 4th semester: Compulsory modules (120 ECTS):
Principles of Management, Financial Accounting, Microeconomics (10 ECTS),
Management Accounting, Game Theory,  Macroeconomics (10 ECTS), Financial Management, Marketing Performance Management, Business Decision Analysis, International Management, International Economics, Economic Policy

Additionally:
English: Academic writing + presentations, UniCert IV and 2nd foreign language: German, Spanish, French, Italian, Russian  (25 ECTS)
Quantitative Methods: Math 1+2 , Statistics, Probability (20 ECTS)

5/6th semester: Compulsory Elective modules (60 ECTS):
Project Seminar (15 ECTS), lectures + seminars by choice and for specialization, and as well
the final Bachelor's Thesis + Seminar (15 ECTS). Here candidates must demonstrate their ability to work independently on a selected topic using methods studied in the bachelor's. A final presentation is included.

Academic Pre-conditions:

University entrance qualification, equivalent to the German "Abitur" and recognized in Germany.
This study program requires students to possess an interest and understanding of economic theories as well as interest in analyzing business and economics task with using quantitative methods (mathematics, statistics). Fluent English skills in writing and speaking, an interest in intercultural topics and further language studies are an important pre-condition for a successful study program.

Language Requirements: English

Students must have excellent written and spoken English on an English level B2 to be able to follow the lectures, take part in the time limited written examinations. Lecturers await an active (oral) participation in all classes. Excellent spoken English is a strict pre-requirement.
Recognized, valid English skills test (TOEFL, IELTS, etc.) and levels:  English Skills.

Internationality:

- English instructions and examinations exclusively,
- Class with ca. 80 students from 35 countries worldwide,
- International topics and guest lecturers, from Brazil, Ukraine, Nederland’s, Finland, China, ....,
- Support by the university`s International Office,
- Wide variety of study abroad options during the 5th semester (elective studies),
- Very nice and pleasant community of German and international students,
- Support by a internal international student organization.

Counseling:

* Exclusive faculty program office (ISP Office): study organization, program, social matters, study abroad;
* Orientations and welcome events in the first week of the winter semester;
* Mentoring by higher semester students SIMP-SON Team: study life, inclusion, campus, city, Germany.

Which bachelor program fits the best?

A presentation about our German undergraduate programs, and English undergraduate programs.

Career:

The IBE graduate work worldwide and in Germany in a wide range of:
industries, public organizations and administrations, business, market, or political economies in foreign and multi-national companies, consultancy firms, financial institutions, or international organizations, NGO's etc..

Service point on campus:  internships, job search + interview counseling, preperation, ... at the OVGU's
Career Service Center

Study Abroad:

* The faculty fosters well-established international cooperation: see the exchange portal OVGU-FEM's International Cooperation.
* IBE bachelor's in the 5th semester possible (elective studies - can be recognized)
* Counseling by the faculty, the OVGU's International Office (credit transfer possible, scholarships, grants available):  International Office

Internship:

* Not included in the study program.
* Highly recommended and encouraged by the faculty - semester break allowed - for all students (German skills at least B1 nessecary!)
* Internships must be self-organized.
* AIESEC, IAESTE, and Leonardo (ERASMUS) provide opportunities and can be find on campus.

Germanys Educational System:

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, organized, and flexible to ensure that they can finish the program successfully. A typical study week involves approximately 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.

Students must expect a weekly workload of 22 to 26 hours of classroom studies, including lectures to learn new concepts and methods, tutorials to discuss concepts and practice methods, and seminars to apply the knowledge on concepts and methods by writing an academic paper and giving a presentation in a teamwork project. At least the same timeframe applies for self-studies at home (pre-after and preperation of classes).

Examination retakes are limited by strict rule. A 5 ECTS (credit point) modules will be followed by a one hour examination.

Note: 1 ECTS stand for a work load of 30h (5 ECTS = 150h per module, goal 30 ECTS per semester)