A masters is earned after students complete an undergraduate degree program. To obtain a masters, you usually need to complete 12 to 18 college courses that often involve completing comprehensive tests and/or a thesis.
Economics is a branch of social science that deals with the distribution, consumption, and production of goods and services. Economics is a derivative of two Greek words which mean “house” and “law,” and thus the subject deals with customs of good management.
Germany, officially the Federal Republic of Germany, is a federal parliamentary republic in western-central Europe. The country consists of 16 states, and its capital and largest city is Berlin.
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Decision-makers and entrepreneurs are being confronted more than ever before with demands that can no longer be met by the functional range of classic business management alone. Conventional management training has reached its limits, as argued by the renowned Canadian management theorist Henry Mintzberg and the Stanford economist Jeffrey Pfeffer, and ironically lamented by "The Economist" in its 2010 yearbook: "The decline of the MBA will cut off the supply of bullshit at source." p. 122. [+]