Have you ever heard the German phrase „Die Welt ist ein Dorf“? – Living in Frankfurt keeps showing me that the world really has become a rather big village in today’s era of globalization: sometimes I wander through the hallways of Frankfurt School and do not hear a word of German for an entire afternoon. In Frankfurt you can visit both the theatre and cinema to watch a film in English, and whilst walking through the Bahnhofsviertel, you are offered a range of cuisine from all over the world. And on top of that, thanks to Frankfurt’s airport, the hub of continental Europe, the entire world is only a hop, skip and a plane ride away.
So how is globalization affecting not only our everyday lives, but also companies all over the world? –And what is the best way for the future generations of managers to increase their business success on a global scale?
Since the Master in Management (MiM) was launched in 2012, it has been running alongside the Master of International Business (MIB). The programmes have successfully coexisted and attracted different types of students by offering unique selling points for the past 4 years. As Frankfurt School has been focusing more and more on the topic of management, we have now taken the step forward to merge these two programmes and combining them into a single, flagship Master in Management programme which will be launched in September 2017.
We have used several years of alumni feedback and advice to make the new the Master in Management programme more flexible, more international and more competitive in an era of global business. MiM and MIB graduates will be more attractive to our recruiting companies and the programme is more valuable to future students a time when business education is becoming increasingly international and globally available. From September on, students will be able to take, for example, the highly successful Strategy & Organisation concentration, while students seeking rigorous science based approach to management will be able to benefit from the new international characteristics of the programme. And last but not least, with the Financial Times ranking coming up for the first time in 2017 we hope to put forward an outstanding programme that represents and benefits all of the alumni and students from both the MiM and the MIB.
The new key features in the MiM:
If you have a first degree that has nothing or little to do with business or economics you might be worried about keeping up with the demands of a Master of Science degree. That’s why we will be offering a series of courses that provide you with fundamental knowledge in core management disciplines. These courses are going to take place right before the MiM lectures start in September and will enable you to dive into a successful first semester.
The programme is usually taught over four semesters. However, if you have completed your first degree in business or economics and have obtained 210 ECTS or more, you might be eligible to skip the first semester and finish your Master’s degree in just three semesters. Your application for a second semester entry will need to be approved on a case by case basis.
Many elements of the new MiM programme will be recognisable to our graduates. The highlights from the MiM, namely the popular concentration modules, remain unchanged with Strategy and Manufacturing supplemented by the two new and well received concentrations of Digital Business and Marketing. The newest addition to this portfolio is the International Business concentration which brings many of the popular elements from the former Master of International Business.
MiM students who choose the International Business concentration are required to spend at least one semester abroad in a third country (not their home country). Going abroad allows students to fully immerse themselves in the culture and language of their selected region.
MiM students who do not choose the International Business concentration will also have the option to study abroad in the fourth semester.
We are very excited about building a new programme with our Master in Management that can be enjoyed by current and future students alike, and that our alumni will be proud to have been a part of.