Against the backdrop of current economic and political developments, you will recognise the significance of international business relations and capitalise on them in order to achieve success on international markets.
Our two-year master programme is centred on developing broad-based, forward-looking expertise related to international management and economic diplomacy. This programme gives you managerial skills that will enable you to confidently hold your own in a competitive and constantly changing environment. The programme also comprises wide-ranging practical elements, with a focus on ongoing enhancement of soft skills and research techniques, all of which improve your employability.
Degree
Master of Arts in Business
Organisational form
part-time / 4 semesters / 120 ECTS
Language
English
Study fee
363.36 EUR
Important dates
Date end
15.05.2025
15.04.2025
Info for non-EU nationals
A formula for success: theoretical knowledge + practical experience
The programme is built on three pillars.
Semesters 1–3
The core subjects
The core subject international business focuses on internal company operations that are relevant for internationalisation processes. Courses are aimed at enhancing your prior knowledge of subjects such as international management, international finance, international employment relations and international marketing.
The strategic focus of the course contents enables you to develop your managerial skills, and to accurately assess and positively influence a company’s competitiveness in an international context.
The emphasis in the core subject economic diplomacy is on external factors that provide the framework for international economic relations, and which in turn have a significant influence on business success abroad.
Courses concentrate on domestic and foreign economic policy, as well as on investment and business promotion measures. You will look at management of business relationships with domestic and foreign companies, political institutions, international organisations and NGOs, as well as the public, with a view to building effective corporate partnerships.
Courses such as International Political Economy, International Institutions, Location Analysis and International Business Law are designed to give a clearer understanding of the dynamic interaction between economics, politics and law, and underline the role of businesses in a globalised world. The opportunities and challenges arising from internationalisation are highlighted in courses including Governance and Ethics, Economic Diplomacy and International Tendering.
Semesters 1–4
Employability and research skills
The topics of international business and economic diplomacy are brought together in the core subject of Employability and Research Skills.
The Skill Lab is a place where you can enhance both your hard and soft skills. For example, the Business Analytics course shows you how to understand and analyse business data from an application-led perspective, and how such data can be used to support corporate decision-making processes. The Consulting course helps you to develop the right demeanour, which is so important for managers. Meanwhile, the Negotiation Techniques and Crisis Management courses give you the skills needed to manage commercial and political negotiations in a professional manner, and show how you can contribute to boosting your organisation’s resilience in the face of crises.
You will also learn the ins and outs of diplomatic etiquette, which will enable you act appropriately when dealing with political and business partners both at home and abroad.
You can put the skills you have acquired to the test in a wide-ranging business simulation in semester 4. The Research Methodology course helps you to broaden your academic skills. The master thesis gives you the opportunity to carry out an academic analysis of a topic taken from one of the core subjects, and in turn further enhance your skills profile.
A practical focus is more than just a buzzword at IMC Krems: programme lecturers share their real-life professional experience, and problems are discussed and analysed on the basis of case studies. In addition, projects implemented in partnership with companies allow you to examine your newly acquired knowledge from a practical viewpoint.
Semesters 2 & 3
The electives
The core subjects, International Business and Economic Diplomacy, give you a detailed insight into the internal and external factors that have a decisive impact on the success of internationalisation processes.
In your chosen elective, you go one step further and take on the role of an expert, focusing on strategic aspects of international trade in a business context, or on international collaboration from an institutional perspective.
You can tailor your degree in line with your personal interests – the electives in semesters 2 and 3 give you all the flexibility you need.
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Application and admission
Is our degree programme just what you’re looking for? Here are your next steps!
We’ve put together all the relevant information for you.
What are the admission requirements for master programmes?
To qualify for a master programme, you must have completed a bachelor degree – with a workload of at least 180 ECTS and lasting at least six semesters – in a related subject, or hold an equivalent degree from a recognised Austrian or foreign higher education institution.
If your undergraduate studies are not sufficiently relevant, for instance if you’ve completed a degree in an unrelated subject, your qualifications will be assessed after we have received your completed application.
What language skills are required for this English language master degree programme?
For this programme, you will need additional proof of your language skills. You have the following options:
Option 1: No additional proof of English proficiency is required if:
- English is your native language
or - you already uploaded a recognised English language certificate (IELTS Academic Training – at least 7.0 Overall Band Score, Cambridge Certificate – Level C1, Toefl IBT – at least 94) at the time of your online application
or - you have verifiably completed your prior studies either entirely in English or bilingually, with at least 70 ECTS of the courses taught in English.
Please upload your existing English language certificate or proof of English as the language of instruction in your prior studies in the form of a list of English-language courses with ECTS (for example, the Diploma Supplement) at the time of your application.
Option 2: A combination of an existing proof of English language skills from your prior studies and an English test is required if you have completed less than 70 ECTS of the degree programme in English. The following combinations are accepted:
- Proof of at least a 6-month semester abroad in an English-speaking country together with the EF-SET50
or - English language courses of at least 10 ECTS in your prior degree programme, together with the EF-SET 50
Please upload proof of your semester abroad or the English language courses in your prior degree programme at the time of the application. The EF-SET 50 with the result level C1 can be submitted later until the start of the programme.
Option 3: An English language certificate is required if the aforementioned options 1 or 2 do not apply to you. The following English language certificates are accepted:
- IELTS Academic Training – minimum 7.0 Overall Band Score
or - Cambridge Certificate – level C1
or - Toefl IBT – minimum 94
You can submit the English language certificate until the start of your studies.
Option 1 and 2 do not apply to you and you still need an English language certificate as proof of your English language skills? Then make sure to contact the British Council regarding your IELTS certificate.
Important
Do you still need to complete your military or alternative service? If you’re a male Austrian citizen, we strongly recommend completing your compulsory national service before beginning your studies. This will allow you to finish your degree with no interruptions and start your career without delay afterwards.
Everything revolves around the students on our master degree programmes. That’s why we’d like to get to know you personally.
As part of the online application you will have to write a statement of motivation. Predefined questions about your motivation can be found in the online application. In your answers, which have to be entered in the provided input fields of the online application, you deal with the questions and explain your motivation to study the selected master degree programme
Your statement of motivation and your CV (curriculum vitae) form the basis for your application interview. The admission interview is a one-to-one interview, usually with the degree programme director.
In addition to getting to know you personally, your motives for the master degree programme will be discussed, as well as your professional background and the skillset you have acquired so far. Special attention will be paid to your previous academic and professional experience, your methodological and language skills and your general suitability with regard to your intended master degree programme.
The application interview is held in the language of instruction of the degree programme and can take place online via Microsoft Teams or in presence.
What are the dates for the interview?
There are usually a selection of dates to choose from, with quotas allocated for each date. You can select a date and time slot during the online registration process. We therefore recommend that you complete your application in good time so that you can benefit from the full selection of dates.
Once you have successfully completed your online application, it will be checked for completeness and accuracy. As soon as this process is finished, we will inform you via email and confirm your admission date.
There are no dates available at the moment.
| Application deadline for EU nationals | 15/05/2025 |
|---|---|
| Application deadline for non-EU nationals | 15/04/2025 |
No application possible.
Application for the next study year possible from 1 December.
Application for the next study year possible from 1 December.
Team
Prof.(FH) Dipl.-Ing. Dipl.-Wirtsch.-Ing. Michael Bartz
Professor (FH) International Business and Economics
Details of person
Prof.(FH) Dr. Anna Fornalska
Professor (FH) Institute International Business and Economics
Details of person
Prof.(FH) Mag. Dr. Jan Grumiller
Programme Director Environmental and Sustainablity Management
Details of person