International economy

Thinking and acting globally is just as strategically important for medium-sized companies as it is for multinational corporations. What is needed are specialists and managers who have in-depth knowledge of global economic relationships.

The field of study at a glance

In addition to broad business management training, the course also imparts in-depth knowledge of global action and intercultural skills. This includes specialist knowledge of the various global economic, legal and tax systems, with courses in this area emphasizing the international aspects of economics. They are usually offered without any specific technical specialization.

Course offered

The courses in this field of study are available primarily at technical colleges, but also at some universities. Possible course titles are “International Business Administration”, “European Business Administration”, “Global Business and Economics” or “International Management”. The language of instruction is often English.

At some universities, a double degree can be acquired in cooperation with foreign partner universities.

Contents of the course

The course first teaches the basics of economics. These include modules in areas such as general business administration, accounting, controlling, marketing and sales as well as the quantitative methods of economics such as statistics and mathematics.

Students are prepared for the special features of the international business world in courses such as international accounting, international finance, international economics and international business law.

Foreign language courses, integrated semesters abroad or international internship phases are usually integral parts. The students also acquire or deepen their foreign language skills.

Career opportunities after graduation

Fields of activity for graduates include the private sector, for example in finance and accounting, marketing, advertising, management or corporate management.