The Master in Management
- 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 in order 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.
Specialisations
Financial Management
Financial Management Electives balances a strong technical background in finance with a managerial perspective, focusing on the strategic management of a firm’s assets.
It prepares graduates for professional careers in the financial sector, including banking, corporate finance, and investments. Finance professionals are highly sought after in Luxembourg, often following career paths that lead to senior-level roles in organizations.
International Tax
International Tax* is an innovative specialisation within the Master in Management Program, co-developed with key industry leaders in Luxembourg including PwC, Deloitte, KPMG, BDO, Arendt & Medernach, Elvinger Hoss, Loyens & Loeff.
The goal is to prepare graduates to be tax specialists who can manage within the wider context of business, where complexity and change abound. The Program provides a high-level education in the field of international taxation, with a strong emphasis on management. Graduates can aspire to work at large international tax consultancies and law firms, internal tax departments of multinational companies, private equity houses and real estate funds, as well as multinational standard settings bodies such as the OECD. Leaders in the field of international tax will contribute as teachers in the specialization, each bringing their own expertise and practical vision to the courses.
*Available for September intake only
Accounting, Audit & Control
Accounting, Audit & Control* specialisation is characterized by a strong interaction with the professions of consulting, accounting and audit. It offers the possibility of starting an internship in chartered accounting. You will understand the challenges and evolution of companies and the financial world, discover the accounting, environmental and societal issues of organizations, develop the technical skills needed in the professions of accounting, auditing, finance and consulting. You will also enhance cross-disciplinary understanding of economic professions.
*Available for September intake only
Other electives abroad
Master in Management students are given the option to participate in an exchange program with partner universities or schools of LSB. Following 3 options are offered at LSB for a mobility semester: International Exchange Program, Erasmus+ Program , Free mover.
At the host institution, students are able to choose electives that are not offered at LSB. These courses must be on graduate level from the relevant field of study: Business Administration and Management.
Curriculum
September intake
- 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)
- 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)
- 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)
Indicative courses.
- Corporate Tax: basics
- Personal Tax
- VAT Basics
- International Tax Law
- VAT: the Financial Sector
- Transfer Pricing
- Applied International Tax Law
- European Tax Law
- Tax and Digitalisation
* Available for September intake only
- Accounting, Audit & Control*
Indicative courses.
- Intermediate Accounting
- Consolidated Financial Statements
- International Accounting Standards: Theory
- International Accounting Standards: Application
- Financial Analysis of consolidated financial statements
- Strategic Management Accounting
- Risk Management and Audit
- Internal Control and Audit
- Corporate Governance
- Legislation on bankruptcy and similar procedures
- Civil Law
- Information systems
- Information systems and Audit
- Asset Management
* Available for September intake only
- The 6-month paid internship provides the opportunity to apply the knowledge acquired throughout the degree.
Students may complete a master thesis instead of a paid internship.
March intake
- 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)
Employability course
- 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)
Indicative courses.
- Corporate Tax: basics
- Personal Tax
- VAT Basics
- International Tax Law
- VAT: the Financial Sector
- Transfer Pricing
- Applied International Tax Law
- European Tax Law
- Tax and Digitalisation
* Available for September intake only
- Accounting, Audit & Control*
Indicative courses.
- Intermediate Accounting
- Consolidated Financial Statements
- International Accounting Standards: Theory
- International Accounting Standards: Application
- Financial Analysis of consolidated financial statements
- Strategic Management Accounting
- Risk Management and Audit
- Internal Control and Audit
- Corporate Governance
- Legislation on bankruptcy and similar procedures
- Civil Law
- Information systems
- Information systems and Audit
- Asset Management
* Available for September intake only
- The 6-month paid internship provides the opportunity to apply the knowledge acquired throughout the degree.
Students may complete a master thesis instead of a paid internship.
Master in Management Learning Goals and Objectives
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 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 in order 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, professional skills required of competent early career professionals. Objective: The students will apply practical, actionable knowledge and skills necessary for professional employment, will be adaptable to changing business conditions, and be resilient when faced with challenges and setbacks.
FAQ
Can the duration of the internship be extended if time allows?
The duration of the mandatory internship is 6 months. If the company agrees and the candidate has a valid authorization to stay in Luxembourg, the duration can be extended to one year.
As a Non-EU citizen, am I eligible for international mobility and Erasmus during my studies?
All the students enrolled in the Master in Management, even Non-EU citizens, are eligible for international mobility and Erasmus programs.
