COURSE CURRICULUM

The Master in International Business at ISM offers a well-structured and comprehensive curriculum designed for students from non-business backgrounds who want to build solid expertise in business administration and management. In the first semester, students are introduced to foundational subjects including procurement, production, marketing, financial reporting, taxation, and key management concepts. Courses in business mathematics and statistics equip students with essential quantitative skills, while subjects such as international management, intercultural communication, investment theory, and cost accounting provide a global and financial context to their studies. The second semester emphasizes leadership development and advanced business understanding through modules on business ethics, negotiation, and change management. Students delve into international business law, financial reporting, and financial management, enhancing their understanding of the global business environment. Strategic management skills are further developed with hands-on courses in business development and a competitive international business simulation game. Additional focus is placed on innovation competence, including courses in innovation management, project management, and design thinking. Organizational development is addressed through global HR practices, new work trends, and managing transformation in global settings. In the third semester, students expand their financial knowledge with modules in business planning, financial modeling, credit rating, and risk management. A major feature of the semester is the consulting project, where students apply their skills in a real-world scenario. Further specialization is offered in international controlling, venture capital, digital marketing, customer relationship management, market research, and global operations management including logistics and sourcing. This holistic and practice-oriented approach ensures that students graduate with the strategic insight, operational skills, and leadership abilities needed for success in international business. Whether pursuing careers in corporate management, consulting, or global entrepreneurship, graduates of this program are equipped with the competencies to thrive in a complex global economy.