The Europeanization and globalization of the economy determine the business practice of international corporations, but increasingly, also the economic activities of medium-sized companies.
The study field at a glance
As a result, there is a growing need for skilled and executive professionals trained in the global interconnectedness of business and society.
In order to meet the technical and intercultural challenges, in addition to business know-how, intercultural competence and specialist knowledge of the various global economic, legal and tax systems are required.
Degree programs in this area emphasize the international aspects of economics and are usually offered without special subject specialization - widely used as "international study programs".
Degree courses in this area are available mainly at technical colleges, but also at some universities.
Foreign language courses, integrated semesters abroad or international internship phases are i.d.R. solid components. The students also acquire or deepen their foreign language skills. At some universities, a double degree can be obtained in cooperation with foreign partner universities.
Contents of the course
The study first conveys 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 specificities of the international business world in courses such as International Accounting, International Finance, International Economics or International Business Law. The language of instruction is mostly English.
Possible careers after graduation
Fields of work for graduates can be found in the private sector, for example in finance and accounting, in marketing, advertising, management or corporate governance.