Master in Management2024-10-10T10:50:21+02:00

Master in Management (120 ECTS)

Applications for March 2025 are open!

Program Overview
Curriculum
Student and Alumni Profiles
Admissions
Tuition fees
Financing your Studies
International Mobility
Pre-arrival information
Join the Most Employable Master in Luxembourg!

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*
  • Audit*
  • Marketing*
  • 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 field 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’s careers in Luxembourg.

Top Faculty
LSB Professors are a perfect combination between the Academia and Corporate World providing students with the theorical knowledge and also professional skills required for their first job.
Our professors offer Students robust Business and Management classes, paired with regular interactions with key industry problematics and stakeholders. This blend of theory and practice enhances the educational experience, making it more relevant and effective for students.
Career focused

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 internshipcareer workshops and a 3 Day Study Model. 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.
Practice Oriented

Delivering a practice-oriented program and empowering student employability is at the core of the Master in Management. The program provides students with the capability to synthesize fundamental knowledge and apply it in a work environment.

Key Specializations

During the Master in Management, students choose among specializations, highly demanded by employers in Luxembourg.

  • The Financial Management Track 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.  Every organisation is faced with complex financial issues. For example, how do you measure and manage financial risk in an unpredictable market, or analyse the financial data involved in a merger? What about advising an entrepreneur on the profitability of a sustainable business concept? In the specialisation in Financial Management, you will gain expertise in tackling almost any finance related business challenge. You will become a rounded business expert with an entrepreneurial, finance mindset.
  • The International Tax* is an innovative specialisation within the Master in Management Program, co-developed with key industry leaders in Luxembourg. 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. The Tax departments of these leading companies are amongst the largest employers in Luxembourg for young graduates.
  • The specialization in Accounting* is characterized by a strong interaction with consulting, accounting, and audit sectors. It offers the possibility of starting an internship in accounting. You will understand the challenges and evolution of companies and the financial world, discover the accounting, environmental, and societal issues of organizations, and develop the technical skills needed in your journey to work in accounting, auditing, finance, and consulting. You will also enhance your cross-disciplinary understanding of economic professions. This specialization does not provide access to the “réviseur d’entreprises” (statutory auditor) qualification. Please refer to réviseur d’entreprises on the CSSF website.

*Available for September intake only

  • Other electives abroad

If a Student wants to do another specialization that 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.

Human size classes

 

One class contains between 20 to 40 students in average. In a majority of classes requiring group assignments, students will be divided in groups of 4 to 5 students. This human size aspect of each class gives students an individualized learning experience and facilitates the practical approach of the courses.

Networking opportunities with Top Leaders

Xavier Bettel, Former Prime Minister of Luxembourg. Current Vice Prime Minister of Luxembourg Xavier Bettel, Prime Minister of Luxembourg LSB organises many events such as Company visits, Conferences, CEO talks and other networking events where Master in Management Students are invited to join for free. Students are given the chance to interact with global leaders and learn from their experiences. Students have opportunities to network with influential global leaders from various industries, including business and political worldwide figures. In 2023, Students were able to meet and interact with

  • Xavier Bettel, Former (2013 – 2023), Prime Minister of Luxembourg
  • Jakov Milatovic, LSB Visiting Lecturer of Macroeconomics and President of the Republic of Montenegro
  • Kolinda Grabar-Kitarovic Former (2015 – 2020), President of the Republic of Croatia
  • HE Yuriko Backes, Minister of Finance of Luxembourg
  • Gilles Feith, CEO of Luxair
  • Jerry Grbic, CEO Luxembourg Bankers Association
  • Franck Ruckbrodt, CEO of Deutsche Bank
  • Michael Burch, CEO of ING Luxembourg
  • and many more…..
International Study Trips

LSB programs include organized study trips to other leading global financial centers. While Luxembourg stands as a premier international financial hub, the Master in Management program at Luxembourg School of Business believes in broadening our students’ horizons beyond local borders. These excursions are an important part of the learning experience, designed to provide students with a first-hand understanding of how different financial centres cultivate their unique specialties and strengths. Through visits to cities renowned for their financial influence, students will gain invaluable insights into the diverse facets and operations of global finance, enriching their perspective and enhancing their understanding of international financial dynamics. In 2023, Study Trips were organized in NYC, Singapore and Rwanda. The study trips are not part of the curriculum and therefore not mandatory. They will require extra fees.   LSB Students in New York City LSB Students in Singapore LSB Students in Dubai

A General Management program with electives

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 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.
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)
  • 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 that 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 thesis instead of a paid internship

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.

Join an international cohort from a diverse academic and professional background!

Our student body is extremely diverse – reflecting Luxembourg population in general. LSB welcomes individuals from various international backgrounds and different walks of life.  

Our Students are at the image of the country, diverse and multilingual. As per our Alumni, they got permanent positions in the most prestigious companies of Luxembourg.

 

Description of a MiM Class

CLASS SIZE: one class contains between 20 to 40 students in average. In a majority of classes requiring group assignments, students will be divided in groups  of 4 to 5 students.

AVERAGE AGE: 26 years old. In average 70% of students are fresh undergraduates of 19 to 23 years old without relevant professional experience and 30% are between 24 and 35 years old with several years of experience.

INTERNATIONAL: 15 to 22 different nationalities

GENDER BALANCE: 52/48% Women/Men on average

ACADEMIC BACKGROUND:

  • ECONOMICS AND MANAGEMENT 29%
  • FINANCIAL MANAGEMENT 16%
  • ENGINEERING 10%
  • LAW 10%
  • BUSINESS ADMINISTRATION 10%
  • ACCOUNTING AND AUDIT 10%
  • SPORT MANAGEMENT 3%
  • HOTEL MANAGEMENT 3%
  • ARTS 3%
  • AVIATION MANAGEMENT 3%
  • HR 3%

NATIONALITIES

  • EUROPE (WESTERN AND EASTERN) 52%
  • ASIA – PACIFIC 21%
  • AMERICAS 14%
  • MIDDLE EAST 10%
  • AFRICA 3%
Discover our Alumni Placement Report

100% of our students got a Paid Internship and 82% got hired!

The MiM program at LSB confirms its position as one of the top MiM programs in the Great Region.
In 2022 and 2023, the graduates from LSB Master’s in Management were all recruited to do a Paid Internship and a Big Majority of them were recruited for a permanent position immediately after the Internship.
Full time job offers distribution
Students who did not need Visa or ATS* 100% of them got a full time job
Students under Visa or ATS* 75% of them got a full time job
* Authorisation To Stay
LSB Placements: Class Profile of 2023
LSB MiM Class of 2023 included students from various different nationalities. A majority of the students were from Europe, followed by Asia, followed by the Americas, and the Middle East.
Years of professional experience before joining MiM program
Less than one year 50.00%
Between one and two years 14.29%
Between two and three years 7.14%
Between three and four years 3.57%
Over five years 25%
LSB Placement: Top Employers
The following firms were among the Top Recruiters:
SEB Amazon Fundcraft Services
UBS Deloitte Aztec Group
Credit Suisse KPMG Banque de Luxembourg
Alter Domus Banque Central Luxembourg PwC
SCP Gen II
Placement by Sector and Function
LSB graduates chose job functions related to
Financial Sector – Banking 37.04%
Financial Sector – Asset Management 22.22%
Audit, Tax and Consulting 22.22%
Legal Sector 11.11%
Other (Logistics, transportation, e commerce) 7.41%
And competencies related to
Several competencies might be present in one job
Finance 55.56%
Accounting/ Fund Accounting 37.04%
Fund Administration/ Industry 22.22%
Client Relationship/ Front Office 18.52%
Legal and Compliance 18.52%
Audit 14.81%
Private Equity 14.81%
Other 14.81%
M&A 11.11%
HR 11.11%
Marketing 7.41%
Real Estate 7.41%
Digital Technology 3.70%
Cryptocurrencies 3.70%
Science and Technology 3.70%
Fintech/Payments/Regtech/Lending/Big Data and AI 3.70%
Average gross annual salary of student’s permanent position
Between 24,000 and 35,999 Euros gross 7.41%
Between 36,000 and 47,999 Euros gross 37.04%
Between 48,000 and 59,999 Euros gross 25.93%
Between 60,000 and 71,999 Euros gross 3.70%
Between 72,000 and 83,999 Euros gross 3.70%
Above 84,000 Euros gross 7.41%
Other 14.82%
LSB Placements: Source of Opportunity/Placement Support
About 83% of the class received school-facilitated opportunities. School facilitated opportunities to involve the following:
  • LSB-facilitated internships which can be converted to full-time jobs
  • LSB internship and job postings
  • LSB on-campus recruitment & on-campus interviews simulations
  • LSB network/resources/referrals
Graduate-facilitated opportunities include networking or personal contacts.
LSB holds a number of recruiting events that the students can benefit from by interacting with potential recruiters, broadening their network, or looking for internships and job opportunities.
Deadlines and Requirements

Admissions Deadlines
First Deadline Final Deadline for ATS/Visa Students Final Deadline
Intake: September 2024 15th April 2024 15th May 2024 1st August 2024
Intake: March 2025 15th November 2024 1st December 2024 1st February 2025

5% discount offer: Candidates who apply before the First Deadline will receive a 5% discount

10% discount offer: Candidates who pay the full tuition in one installment will receive a 10% discount

Discounts are not cumulative. Students can cumulate one discount and a potential LSB scholarship.

Admission Requirements

1. An undergraduate degree (Bachelor degree or equivalent) from a recognized college or university with a minimum of 180 ECTS in any field of study* (engineering, social sciences, sciences, business, economics, arts, etc.) is required to enroll in the first master in management in Luxembourg.

*For students without previous coursework in Statistics, Mathematics and Research Methods, these additional courses will be completed during the first year of the program parallelly to the other regular courses. *If the Admissions Committee is not able to ascertain the academic transcripts or diploma of the candidate, LSB reserves the right to ask this candidate for a Recognition of Diploma delivered by the Ministry of Higher Education of Luxembourg.

2.Fluency in English

  • If you have worked in an English speaking environment for at least 2 years, please provide a recommendation letter from your superior.
  • If you are a native English speaker, or you have received a university degree exclusively taught in English, you do not need to submit proof of English proficiency. The transcripts are sufficient.
  • If you are not a native English speaker, please provide proof of English proficiency. LSB accepts TOEFL, TOEIC, IELTS, Cambridge test, GRE, GMAT or any other recognized English test. The results must be equivalent to a B2 level minimum.
Admission Process

1.Complete the online application form

Upload supporting documentation. Documents can be in English, French, German, Luxembourgish, Spanish, Italian, Portuguese.

  • Current CV
  • A one-page essay about your career plan and motivation to complete the MiM
  • Letter of recommendation (academic or professional)
  • Undergraduate transcripts*
  • Proof of English proficiency

Pay the application fee of EUR 100. *If the Admissions Committee is not able to ascertain the academic transcripts or diploma of the candidate, LSB reserves the right to ask this candidate for a Recognition of Diploma delivered by the Ministry of Higher Education of Luxembourg.

2.Interview

Pre-selected candidates will be invited for an interview with the Admissions Committee of the Master in Management program. Students are encouraged to discuss their background, motivation, and career plans during this interview. At the request of the student, this interview can be conducted in person or virtually via video conference.

3.Decision

The Admissions Committee makes the final decision for admission to LSB’s Master in Management program. Candidates will be informed of the outcome by email.
The Master in Management is an investment that will pay dividends for years to come!
  • For Students who do not need a Visa or Authorization to Stay in Luxembourg, the Master in Management program tuition fee will be EUR 12,500 per year. The combined total for the two-year program will be EUR 25,000.
  • For Students who need a Visa or Authorization to Stay in Luxembourg, the Master in Management program tuition fee will be EUR 14,500 per year. The combined total for the two-year program will be EUR 29,000.

Tuition fees do not cover the cost of textbooks.

Students who do not need ATS or/and Visa Schedule :

EUR 5,000 due within 15 days of contract signing

EUR 7,500 To be paid before the start of the first year

EUR 12,500 To be paid before the start of the second year

EUR 25 ,000 Total of the tuition

Students who need ATS or/and Visa Schedule :

EUR 5,000 due within 15 days of contract signing

EUR 9,500 To be paid before the start of the first year

EUR 14,500 To be paid before the start of the second year

EUR 29 ,000 Total of the tuition

 

5% discount offer: Candidates who get enrolled before the First Deadline will receive a 5% discount

10% discount offer: Candidates who pay the full tuition in one instalment receive a 10% discount

Discounts are not cumulative. Students can cumulate one discount and a potential LSB scholarship.

Education is an investment. How to finance it?

There are a number of 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

It is also important to note that the 3 Day MiM schedule allows Students to get a Student Job of maximum 15 hours per week and 40 hours per week during the holidays.

The last semester of the MiM program consists of a 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 assure 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 your documents and paying the 100 euros fees. The Scholarship varies from 5% to 30% of the tuition fees. Scholarship criteria are based on evidence of potential success in the MiM program, on 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

These scholarships can be cumulated. Future students can contact the two departments “Information études supérieures” and “Aides financières” of the Ministry of Higher Education and Research. These two departments have one common website, www.mengstudien.lu. Students are welcome to reach them by phone: 247-88650 or email: aide-fi@mesr.etat.lu

Erasmus and International Exchange programs

Study Abroad

There is a strong chance that you will have an international component in your career – whether it is working in another country, traveling significantly for work, having co-workers from all over the world, or being a member of a cross-cultural virtual team. Today, international mobility has great value and is much appreciated by the corporate world, especially in Luxembourg. Moreover, students and their families are more and more conscious of the advantages of studying abroad. Studying abroad helps students develop personally, professionally, and academically. By gaining new transferable skills, students will boost their employability, broaden their horizons, develop cultural awareness, and open-mindedness. During the Master in Management, students will be able to participate in an exchange program with partner universities or business schools. These Erasmus and Exchange programs will not require extra tuition fees. Students will pay the usual tuition at Luxembourg School of Business and no other additional academic fees in the host university abroad are required. LSB International Office assists students with international mobility and helps them source funding for the time spent abroad and manages the institutional relationships between LSB and its partner universities.

Luxembourg School of Business is part of ERASMUS, the world’s most successful student exchange program. Through exchanges, students expand their language skills and acquire knowledge – such as adaptability improving their employability, which is at the Core of LSB Master in Management objective. LSB is the 5th School in Luxembourg to hold the Erasmus Charter which allows Master in Management students to study one or two semesters abroad. ESN is the local Erasmus Student Network of Luxembourg. It is an independent, non-partisan, non-political, and non-profit, international association. Their aim is to help International students get together and experience local student life by hosting a wide range of activities and events. It is a great way to meet people and discover Luxembourg! Find out more information about ESN here.

List of Erasmus partnerships

List of International partnerships

More information about Erasmus+

Learn more on Erasmus

Erasmus Policy Statement Erasmus Charter for Higher Education Competition KA131 2022/2023

Results

Information regarding European Partner schools and universities will be communicated to Students during the program.   For more informations regarding Incoming and Outgoing Students, please contact LSB International Office student.services@luxsb.lu

Entry Requirements, Health Insurance, Bank Account

Entry Requirements for EU and Non EU citizens

Before your arrival at Luxembourg School of Business

  1. Entry Requirements for EU citizens

If you are a citizen of an EU Member State (or Iceland, Liechtenstein, Norway or Switzerland), you do not need a visa or authorization to stay for your studies at Luxembourg School of Business. To enter Luxembourg and enroll at LSB you need:

  • ID or passport
  • health insurance (covering the entire period of your study exchange). More information below
  1. Entry Requirements for NON EU citizens

A.  Authorisation to Stay (ATS)

You have to apply for the Temporary authorisation to stay (ATS) immediately after receiving the Letter of Admission from LSB   ! IMPORTANT ! Instructions for the ATS application The process to obtain ATS may take several weeks, it is therefore crucial that you meet the deadline for ATS application. In case you do not submit your ATS application before deadline, you will no longer be considered for a student at Luxembourg School of Business

B. Visa

Visa requirements are depending on your country of citizenship. Check whether you have to obtain a visa to enter the Schengen area. List of countries for whom visa IS NOT mandatory List of countries for whom visa IS mandatory   Request a type D visa after you obtain the temporary authorisation to stay.  If the third-country national is subject to the visa requirement, he must, with his authorization to stay, submit before his trip and from his country of origin, an application for a type D visa to the diplomatic representation or consular office of Luxembourg in its country of origin, or with the embassy or consulate of the country in the Schengen Area which represents Luxembourg there in matters of visa delivery (Belgian embassy or consulate only). More information here

Health Insurance

On your arrival to LSB, you have to provide a proof of your health insurance for the entire period of your study exchange. You have the following options: a) provide a valid European Health Insurance Card (EHIC) b) provide a confirmation of a private health insurance within Europe that specifies the beginning and the end date of coverage. Documents from outside Europe will not be accepted in Luxembourg. c) pay for Luxembourg national health insurance on their arrival to Luxembourg School of Business  (see below) and benefit from the Student fees which are the most advantageous. National health insurance in Luxembourg: In case you do not have a health insurance on your arrival, you have the possibility to pay for the health insurance directly at LSB. You will be affiliated to the national “Centre commun de sécurité sociale » and you will be required to pay the health insurance fees for the whole year. Bear in mind that if you are NOT covered by any health insurance valid in Europe, you will not be reimbursed in case of illness or hospitalization. All medical cost would be at your own expense.

Opening a Bank Account

Luxembourg School of Business is in partnership with ING Bank, to allow you to easily open a bank account in Luxembourg. ING also provide a lot of information for people who just arrived in Luxembourg, to welcome them and help them with their administrative procedures. You can view here a Welcome to Luxembourg Brochure. ING also offers a Students Package, which allows you to:

  • Open a free current account
  • Open a free savings account
  • Get advice with your rental deposit, in case you want to rent a flat or a house
  • Use a free e-banking application
  • Get a free V PAY or Visa CyberCard

Discover more information about the Students Package here.

Start your Career in Luxembourg!

Mara from Luxembourg

MiM – Class of 2024

Student

Iam very satisfied with the program’s content and the opportunities it offers. The location in Luxembourg is very comfortable and the professors and staff have always been very responsive to all questions and feedback. The classes are always very interactive and educational, which is a very good training for the upcoming internship as well as for the future professional career.

Enrico from Italy

MiM – Class of 2024

Student

I believe this program will give me the chance to put directly in practice every concept the students learned in class and put my skills at a higher level, allowing me to successfully begin my professional career.

Our Faculty comes from the Business and Academic world!

  • Dr. Matteo Forgiarini is a Lecturer at the Luxembourg School of Business, teaching Data Analytics and Organizational Behavior. He received his Ph.D. degree in 2011 in quantitative methods and cognitiv...

    Dr. Matteo Forgiarini

  • Associate professor of Marketing Teodóra Szabó-Douat is an Associate Professor at the Luxembourg School of Business, and the Academic Director of the Master in Management Program. She received her Ph....

    Dr. Teodóra Szabó-Douat

  • Dr. Alexandros Zacharof is a Lecturer at Luxembourg School of Business. Alexandros is a Chemical Engineer with a Ph.D. in Environmental Engineering from Imperial College London. He earned his MBA from...

    Dr. Alexandros Zacharof

  • Dr. Goran Oblakovic, Associate Professor in Management and Strategy at Luxembourg School of Business teaches a variety of management courses at undergraduate, MBA, and executive levels. He serves as t...

    Dr. Goran Oblakovic

How to Apply?

Start your Master in Management application procedure here and join the program in September or March. One of our Admission Manager will be in touch with you shortly and support you through the process.

Apply now to secure your seat in the Master in Management program.
Step 1

Apply online and upload documentation

MARCH 2025 INTAKE

The first deadline to get a 5% discount: 15th of November 2024

Final deadline for ATS/Visa students: 15th December 2024

Final deadline: 31st of January 2025

Step 2

Interview

Candidates will be invited for an interview online or face to face.

The Interview is motivational.

Step 3    

Admissions Decision

Admissions Decisions are made on a rolling basis.

Candidates will be informed of the outcomes by email.

Upcoming Events

Frequently Asked Questions

Is the Master in Management recognized in Europe?2024-01-30T18:01:29+02:00

The Master in Management is accredited and recognized by the Luxembourg Ministry of Higher Education and Research and therefore in the entire European Union. It is also Erasmus accredited. Finally, LSB is member of AACSB, the most prestigious international accreditation in the World.

Do I need work experience to start the Master in Management?2024-01-30T18:01:22+02:00

No prior work experience is required for the MiM program.

Do I need to speak French or German to join the Master in Management?2024-01-30T18:01:16+02:00

The unique language at LSB is English. French, German or Luxembourgish are not necessary to join MiM program.

My Application documents are not in English. Do I need to translate them?2024-01-30T18:01:08+02:00

LSB accepts documents in English, German, Luxembourgish, French, Italian, Spanish, Portuguese. In case of doubts, LSB might ask for a recognition of diploma from Luxembourg Ministry of Education.

How are the exams in the Master in Management program?2024-01-30T18:01:02+02:00

At LSB, the assessment method is based on a continuous approach. Students have between 3 to 6 grading elements in each course allowing tracking of progress. It offers students more support, guidance, and opportunities to improve during the course and reduce the risk of failure compared to a classical final examination method.

How are the Master in Management classes?2024-01-30T18:00:56+02:00

One class contains between 20 to 40 students in average. In a majority of classes requiring group assignments, students will be divided in groups of 4 to 5 students. This human size aspect of each class gives students an individualized learning experience and facilitates the practical approach of the courses.

Who should I ask for references?2024-01-30T10:56:20+02:00

The references could be academic (professor for example) or professional ones (work, internship, student job, associations for example) 

What is the profile of a Master in Management student?2024-01-30T17:57:46+02:00

The MIM program is mainly designed for recent graduates with a Bachelor from any field of studies i.e Engineering, Computer Science, Economics, Arts, Sports or Science degree for example AND who speak English (B2 level minimum)

When is a student notified of the admission decision?2024-01-30T18:00:38+02:00

Once an application is complete and the interview done, applicants can expect to receive a response within 2 to 10 open days.

Do I have to take an English test to apply?2024-01-30T18:00:32+02:00

For applicants whose mother tongue is English OR who have worked or completed their degree in English, an English exam is NOT required.

Otherwise, LSB accepts TOEFL, TOEIC, IELTS, Cambridge test, GRE, GMAT or any other recognized English test. The results must be equivalent to a B2 level minimum.

Will the interview require any specific preparation?2024-01-30T18:00:28+02:00

The interview is motivational (no technical preparation e.g assessment centre model). We will mainly discuss the application documents you have submitted and your motivation in joining the program.

What about the internship? Should I find one or is the School finding the internship?2024-01-30T18:00:24+02:00

Students must look for an internship on their own and the LSB career center is here to help facilitating the research.

Students can do an Internship or a Master thesis, even if we strongly recommend the Internship option to start a career. The Internship can be done in Luxembourg or abroad. 

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