The final application deadline is 15 July. If you apply by this deadline, you can expect to hear back in early August.
Tuition fees per semester in EUR
None
Combined Master's degree / PhD programme
No
Joint degree / double degree programme
No
Description/content
The Master of Science in Business Development programme focuses on entrepreneurship, business management, and strategic management. At the same time, students have the opportunity to choose their own elective courses according to their personal preferences, allowing them to tailor their profile for a successful career start in management positions within companies, management consulting, private equity firms, or in the establishment of their own start-up ventures.
The Master of Science in Business Development programme has a standard study period of four semesters (two academic years), which can be completed as follows:
Six compulsory modules (36 ECTS)
Five elective modules (30 ECTS) based on your individual interests
Two seminars (24 ECTS)
Master's thesis (30 ECTS)
Additionally, students may also take exams from their semester abroad.
A semester abroad is not a mandatory requirement, but it is a recommended part of the study programme.
Course organisation
The four compulsory modules in Innovation Management, Go-to-Market & Business Development, Business Modelling, and Managing Growth build on each other and are designed to progress from an initial entrepreneurial idea in a team to a sophisticated business plan. Other compulsory courses in the programme include Corporate Entrepreneurship and Foundations of Economic Ethics, which focus on ethical, social, and sustainable aspects.
The elective area offers students the opportunity to develop their own profile by selecting five modules from a diverse pool of approximately 40 modules. Students can choose from business administration courses in the areas of accounting, finance, marketing, or management, or select courses from economics or business informatics.
In the case study seminar, students work on case studies that build on the content covered in the compulsory modules, allowing them to apply the knowledge and skills that they have acquired in practical contexts.
A Diploma supplement will be issued
Yes
International elements
International guest lecturers
Specialist literature in other languages
International comparisons and thematic reference to the international context
Course-specific, integrated German language courses
No
Course-specific, integrated English language courses
No
Tuition fees per semester in EUR
None
Semester contribution
Students must pay a semester contribution fee of 317.48 EUR per semester. This includes a "semester ticket" covering public transportation in the greater Münster area and throughout Germany.
We recommend that students budget at least 900 EUR per month to cover personal expenses (accommodation, living expenses, health insurance).
Funding opportunities within the university
No
Academic admission requirements
Bachelor's degree, overall grade of at least 2.9 (German grading scheme)
At least 40 ECTS credit pointsin the field of business administration
At least 30 ECTS credit pointsin the field of economics/mathematics/statistics
GMAT/GRE test
GMAT Exam with at least 600 points or
GMAT Focus Edition with at least 565 points or
GRE test with at least 155 points in the quantitative section and at least 145 points in the verbal section
Evidence of English language proficiency (details below)
For top applicants that do not meet the academic admission requirements:
Candidates who can provide official proof that they were among the best 10 percent of the final-year students in their age group may still be eligible for selection, even if they do not meet the subject-specific admission requirements.
For applicants with less than 40 ECTS credit points in the field of business administration:
Applicants who have earned over 30 credit points in economics, mathematics, and statistics can use up to 16 extra ECTS for mathematics and statistics to offset a points deficit in business administration.
Language requirements
Proof of English language skills is mandatory for the application to the Master's programme in Business Development. Applicants with English as their native language are exempt from this requirement.
Examples of evidence of advanced English language skills may include:
Completion of a Bachelor's degree in Germany / in a non-English speaking country that was conducted entirely in English
One of the following official language certificates: TOEFL, TOEIC, IELTS, Cambridge, or comparable (from level C1)
Application deadline
The final application deadline is 15 July. If you apply by this deadline, you can expect to hear back in early August.
As in all popular university cities in Germany, accommodation is in high demand and is not easy to find in Münster – but it’s not impossible either!
Please contact the International Office (Bachelor's and Master's students) or the CERes (doctoral candidates) of the university for advice. Please also note that the University of Münster (like most German public universities) does not have its own student halls of residence.
Career advisory service
The Career Service team of the University of Münster provides a comprehensive range of seminars, information, and advice to help students, doctoral candidates, and graduates develop a sustainable professional profile, initiate contacts with employers, and learn application strategies and techniques.
Support for international students and doctoral candidates
Welcome event
Buddy programme
Help with finding accommodation
General services and support for international students and doctoral candidates
The International Office of the university provides advice and support on study-specific and social issues and problems such as:
at the beginning of your studies (authorities, start of studies)
health insurance
financing your studies
problems during your studies or in everyday life
The Student Advice and Counselling Centre (ZSB) of the University of Münster provides support for students in various areas, including:
assistance with learning techniques
workshops on learning techniques and stress management
psychological counselling for students dealing with personal difficulties that are affecting their studies
The Student Advice and Counselling Centre provides relevant information, assesses the individual circumstances of the student, and considers objective factors to help develop customised solutions and potential courses of action.
University of Münster
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