Master in Management
Luxembourg City, Luxembourg
DURATION
2 Years
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
Request application deadline *
EARLIEST START DATE
Request earliest startdate
TUITION FEES
EUR 29,000 **
STUDY FORMAT
On-Campus
* for final | ATS/Visa students: 15th May
** for students who need a visa | students who do not need a visa: EUR 25,000
Introduction
The first Recognized and Accredited Master in Management in Luxembourg is a 24-month program equivalent to 120 ECTS delivered entirely in English. It consists of
- One year of General Courses in the field of Business and Management
- One semester of Specialisation
- One semester of Paid Internship or Master Thesis
Students can specialize in
- Financial Management
- International Tax
- Accounting, Audit & Control
- They can also choose other electives such as Marketing, Human Resources etc… abroad by going on Erasmus or International exchange during the specialization semester.
This program is open to Undergraduates in all fields of Studies. It is available in a 3-day Study Model allowing part-time employment. It combines a 6-month paid internship and career workshops to kick-start graduate careers in Luxembourg.
Top Faculty
LSB Professors are a perfect combination of the Academia and Corporate World providing students with the theoretical knowledge and professional skills required for their first job.
Our professors offer Students robust Business and Management classes, with regular interactions with key industry problems and stakeholders. This blend of theory and practice enhances the educational experience, making it more relevant and effective for students.
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Admissions
Scholarships and Funding
There are several ways to finance your studies at Luxembourg School of Business. Here is the general overview of tools and instruments available:
- Luxembourg State Scholarships and loans (for Luxembourg residents and students whose parents work in Luxembourg only).
- LSB merit-based scholarship
- LSB Deferred Tuition Facility
It is also important to note that the 3-Day MiM schedule allows Students to get a Student Job for a maximum of 15 hours per week and 40 hours per week during the holidays. Also, the last semester of the MiM program consists of a mandatory paid internship. Therefore the student starts earning a salary already during their studies. LSB Career Centre actively works in the interest of LSB students to ensure they get the best conditions for their internships.
LSB Merit-based Scholarship
Students can apply for the scholarship only after completing the whole application process on our website, submitting their documents and paying the 100 euro fee. The Scholarship varies from 5% to 50% of the tuition fees. Scholarship criteria are based on evidence of potential success in the MiM program, academic record, references, letter of motivation and financial need (the financial need aspect will be judged based on the student’s parents’ annual revenue proof).
For Luxembourgish or EU students (and residents)
Luxembourg State Scholarships
The Luxembourg State can grant scholarships for students in higher or university education as well as loans. The Luxembourgish state provides scholarships and a student loan to anyone enrolled in higher education and fulfilling certain conditions. Application deadlines
- August 1 to November 30 (winter semester)
- January 1 to April 30 (summer semester)
Scholarships available at the Ministry of Higher Education and Research
- Base scholarship
- Social scholarship
- Family scholarship
- Mobility scholarship
- Reimbursement of registration fees
Curriculum
The program offers an action-based curriculum designed to help candidates from all backgrounds understand key business concepts and integrate into the job market.
- 2-year program: 12 months of core courses, 6 months of specialisations, 6 months of paid internships
- Focused on employability, the program contains an integrated group of courses on career development
- Includes a 6-month paid internship
- For students without previous coursework in Mathematics and Statistics, a ‘Business Bootcamp’ will be required. The classes of the Business Bootcamp will be completed in parallel with the core courses.
- Students are required to earn 120 ECTS credits to graduate from the program (126 ECTS credits for students who need to take the Business Bootcamp).
- Classes are taking place in a 3 Day Study Model allowing part-time employment.
Year 1: Core Courses
Semester 1
- Bootcamp (BC)*: Mathematics (3 ECTS), Statistics (3 ECTS)
*For students without previous coursework in Mathematics and Statistics, a Business Bootcamp will be required.
- Foundations of Marketing (3 ECTS)
- Financial Accounting, Analysis & Reporting (4 ECTS)
- Macroeconomics for Business (4 ECTS)
- Corporate Finance (4 ECTS)
- Marketing Management and Innovation (3 ECTS)
- Ethics & Corporate Social Responsibility (4 ECTS)
- Microeconomics for Business (4 ECTS)
- Corporate Valuation (4 ECTS)
Semester 2
- Problem-Solving and Decision Making (3 ECTS)
- Legal Environment of Business (4 ECTS)
- Managerial Accounting (4 ECTS)
- Entrepreneurship (4 ECTS)
- Operations and Supply Chain Management (3 ECTS)
- Managing People and Organizations (4 ECTS)
- Managing Strategy and Innovation (4 ECTS)
- Project Management (3 ECTS)
- Research Methods (1ECTS)Employability courses
- Career Exploration and Employability (2 ECTS)
- Client-facing skills (3 ECTS)
Year 2: Electives and Paid Internship or Master Thesis
Semester 1
- Digital Skills (3 ECTS)
- Financial Management
- Quantitative Methods (3 ECTS)
- Capital Markets: Equity, Fixed Income, and Credit Risk (3 ECTS)
- Corporate Governance (3 ECTS)
- Private Equity and Venture Capital (3 ECTS)
- Special Operations: M&A, Restructuring, and Distressed Deals (3 ECTS)
- Real Estate Finance (3 ECTS)
- Infrastructure Market and Project Finance (3 ECTS)
- Portfolio Management (3 ECTS)
- Applied Risk Management and Derivatives (3 ECTS)
International Tax*
Indicative courses.
- Corporate Tax: basics (4 ECTS)
- Personal Tax (3 ECTS)
- VAT Basics (3 ECTS)
- International Tax Law (3 ECTS)
- VAT: the Financial Sector (3 ECTS)
- Transfer Pricing (3 ECTS)
- Applied International Tax Law (3 ECTS)
- European Tax Law (3 ECTS)
- Tax and Digitalisation (2 ECTS)
* Available for September intake only
- Accounting, Audit & Control*
Indicative courses.
- Intermediate Accounting (3 ECTS)
- Consolidated Financial Statements (3 ECTS)
- International Accounting Standards: Theory (3 ECTS)
- International Accounting Standards: Application (3 ECTS)
- Financial Analysis of consolidated financial statements (2 ECTS)
- Strategic Management Accounting (2 ECTS)
- Risk Management and Audit (2 ECTS)
- Internal Control and Audit (4 ECTS)
- Corporate Governance (2 ECTS)
- Legislation on bankruptcy and similar procedures (3 ECTS)
- Civil Law (1 ECTS)
- Information systems (4 ECTS)
- Information Systems and Audit (4 ECTS)
- Asset Management (2 ECTS
* Available for September intake only
Other electives Abroad
If a Student wants to do another specialization than the ones offered at LSB, he/she can go abroad during the specialization period (semester 3) and choose courses from the relevant field of study: Business Administration and Management that were not previously taken at LSB. More information on the International Mobility section. SEMESTER 2
Paid Internship – Master Thesis
- The 6-month paid internship provides the opportunity to apply the knowledge acquired throughout the degree.
Students may complete a master's thesis instead of a paid internship
Program Outcome
- Learning goal 1: MM students will have internalized a value system that provides the foundation for socially responsible and ethical leadership and decision-making.
Objective: Through the lens of ethical frameworks and socially responsible business practices, students will display ethical leadership by identifying ethical issues and socially (ir)responsible actions, as well as forecasting the costs and benefits of good ethical conduct related to a company’s business - Learning goal 2: MM students will have the capacity to think critically to solve complex business problems and make sound managerial decisions.
Objective: The students will discover and analyze problems and opportunities, offer solutions, and identify the benefits and risks of a proposed solution. - Learning goal 3: MM students will demonstrate an understanding of doing business in the global environment.
Objective: The students will explain key global trends and assess the impact of those trends on doing business globally. - Learning goal 4: MM students will be effective communicators at a level appropriate for business professionals, in both face-to-face and virtual contexts.
Objective: The students will develop interpersonal and communication skills needed in business, such as collaborating effectively with others, oral and written communication, and presentation skills, incorporating new technologies to facilitate communication. - Learning goal 5: MM students will demonstrate, through theory application, the professional skills required of competent early career professionals.
Objective: The students will apply practical, actionable knowledge and skills necessary for professional employment, be adaptable to changing business conditions, and be resilient when faced with challenges and setbacks.
Program Tuition Fee
Career Opportunities
The Master in Management program prepares students for a variety of career paths across different industries. Students will be able to work in a wide range of functional areas, such as finance, tax, audit, accounting, human resources, project management, marketing, and many more. The Master in Management gives you business tools to kick-start your career in Luxembourg combining paid internship, career workshops and a 3 Day Study Model allowing part-time employment. This program will help you bridge the gap between:
- Theory and practice: providing opportunities to apply what you learn to real-world settings.
- Information and analysis: moving from acquiring knowledge to synthesizing data.
- Student and professional: transitioning from exploration to career.
Program Leaders
Program Admission Requirements
Show your commitment and readiness for Grad school by taking the GRE - the most broadly accepted exam for graduate programs internationally.