Master in Management Brochuremaster

8/18/2019 Master in Management Brochuremaster

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UNFOLD YOUR AMBITIONS.DEVELOP EXCELLENCE.

Master in Management (MSc)

Full-time Program

SYSTEMAKKREDITIERTnach durch

#1 in German y

#8 World wide


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WHU – Otto BeisheimSchool of Managementat a Glance

WHU – Otto Beisheim School of Management is aninternationally oriented and privately financed businessschool based in Vallendar and Düsseldorf. Founded in1984, WHU is now one of the most renowned Germanbusiness schools with an exceptional national andinternational reputation. WHU stands for “Excellencein Management Education” and pursues this goal in itsthree core areas of activity: Degree Programs, Research,and Executive Education & Corporate Connections in thefield of general management. This excellent standard has

been certified by accreditations from AACSB, EFMD(EQUIS), and FIBAA as well as through leading positionsin national and international rankings. In addition, WHUis the only private business school in Germany thatis a member of the German Research Foundation (DFG).WHU students profit from a large network of partneruniversities, companies, and alumni.

Contents

03 Welcome to WHU

04 Why WHU Master in Management? Your Program at a Glance

06 Your Program Structure

08 Your Curricu lum

12 Your International Experience –

Study Abroad & Double Degree Opportunities

14 Your Faculty

16 Career Center @ WHU – Our Claim / Our Vision

17 In Praxi – WHU Alumni Association

18 WHU Student Clubs & Campus Life

20 Your Application

21 Your Financing Opportunities

22 Your Way to Meet Us

WHU PROGRAMS AT A GLANCE


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Welcome to WHU

Professor Dr. B. Burcin Yurtoglu

Academic Director of theMSc Programs

Professor Dr. Markus Rudolf Dean of WHU

Future managers with responsibility in business and society need management-specific competences as well assound theoretical knowledge. WHU’s Master in Management Program offers you unique opportunities to deepen

your understanding of managerial and entrepreneurial practices and to sharpen your critical thinking and problem-solving skills.

Academic excellence, practical re levance, and an international perspective are key aspects of our Master inManagement Program. Our comprehensive, module-based curriculum will not only equip you with analytical toolsand essential management knowledge, but will also provide you with insight into corporate behavior and fosteryour teamwork skills. During an integrated internship, you can apply your knowledge and competence in realbusiness situations. Whether you attend a capstone module abroad, spend a semester abroad, or even participatein one of our exclusive double degree programs, many international opportunities are waiting for you.

At WHU, you will be a part of a collaborative and vibrant community of students. The distinctive “WHU spiri t” canbe felt everywhere on campus, but it is especially nested in the intellectual, cultural, and social commitment ofour students. From business conferences to humanitarian aid projects, sports competitions to theater plays, the

wide range of extracurricular activities is essential to the lively atmosphere at WHU.

We invite you to learn more about the Master in Management on the following pages, including the challengingcurriculum, international opportunities, diverse classroom experiences, and renowned faculty of this outstandingprogram.

We look forward to welcoming you to WHU.

Professor Dr. Markus Rudolf, Professor Dr. B. Burcin Yurtoglu


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04

Why WHU Master in Management? Your Program at a Glance

The WHU culture is founded on team leadership, partnership, and continuous innova-tion. We believe that, by creating both a challenging and supporting environment, wegive our students the space to develop their own potential whilst providing them withthe tools to become successful leaders. This philosophy is embraced and enhancedwithin the Master in Management (MiM) Program. The program offers you uniqueopportunities to develop expertise in all key areas of business administration, to gaininternational and practical experience, thus preparing you for a career in internationalmanagement.

OUR RANKING RESULTS

WHU’s Master in Management Program is rankedNo. 1 in Germany and No. 8 worldwide; top results

in the categories “Placement success rank” and“Weighted salary”.Financial Times Master in Management Ranking 2015

WHU is the No. 1 in Germany and No. 20 in Europe inthe list of the top 75 European business schools.Financial Times European Business School Ranking 2011

WHU ranks in the top tier on the main indicators.The overall study situation, teacher support, jobmarket preparation, and support for stays abroad

are rated as outstanding.CHE University Ranking 2011/2012

WHU is one of the few private business schoolsranked among research-oriented business schools

in Germany, Austria, and the German-speakingSwitzerland, having about 30% of its full-time pro-fessors featured in this ranking.Handelsblatt Ranking of Business Administration –The top 250 facult y 2012

WHU is top-rated by HR managers; the school ranks5th in Germany in the field of business administration.WirtschaftsWoche Recruiter’s University Rank ing 2013

In the Master in Management Program You Will Benefit from:

Our Challenging yet Fast ProgramThe Master in Management allows you to graduate withan MSc degree in 17 or 21 months, depending on thechosen track. The comprehensive and challenging cur-riculum consists of a perfectly aligned set of modulesallowing you to customize your studies according toyour interests and goals. You may either specializeto a certain degree in one of the six concentrationsoffered or gain broad business knowledge by taking

courses across all concentrations. The compulsoryinternship provides you with the opportunity to puttheory into practice. An integrated study abroad, eitherwithin the scope of the capstone module abroad, asemester abroad at a partner university, or even by

joining one of WHU’s unique double degree programs,provides valuable international experience.

Our International and Supportive Study EnvironmentWith its growing number of international students andfaculty, WHU offers a truly international study envi-ronment. From day one, you will experience the veryspecial and personal atmosphere at WHU and be partof an international student community which formsa network of friends and business contacts that oftenlasts a lifetime.

For us, learning must be a quality experience. This isensured through our effective teaching concept withsmall study groups, an excellent students-to-facultyratio, and state-of-the-art facilities.


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Our Unique Global Network

WHU has established a unique network of currently195 partner universities and more than 150 partnercompanies around the world. No other German univer-sity-level institution offers so many high-quality part-nerships. This cooperation network forms the basis forthe study abroad as well as the internship within theframework of the Master in Management Program. Ontop of that, WHU’s Alumni Association In Praxi andthe school’s own Career Center form an exceptionalnetwork of career support.

Our Reputation and Accreditations

WHU’s excellent standards in management educationhave been validated by accreditations from AACSB,EQUIS, and FIBAA. Additionally, WHU is the onlyprivate business school in Germany which is a mem-ber of the German Research Foundation (DFG).WHU is repeatedly ranked as one of the leading institu-tions in the relevant national and international businessschool rankings. In 2015, the Financial Times rankedour Master in Management as best master programoffered by a German business school, and placed it8th worldwide.

“There are so many interesting courses in the MSc Program that it is really hard to

decide which ones to choose. The classes are academically challenging but you also

get to apply your knowledge in many case studies. Additionally, the broad range of

extracurricular activities and WHU’s excellent network provide you with almost infinite

opportunities for your personal and professional development. But for me, WHU is far

more than this – the spirit and sense of community on campus is unique. Coming

to Vallendar really feels like coming home!”

Katharina Wagner, WHU MSc 2014

“What we appreciate about WHU graduates is their

excellent professional and personal qualifications as

well as their independent style and entrepreneurial

thinking and acting. This management school edu-

cates in a unique, holistic manner – and that’s what

we need to create successful companies.”

Kasper Rorsted

CEO Henkel AG & Co. KGaA


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06

The Master in Management Program starts in Septem-ber each year with two study sections on the WHUcampus in Vallendar. You are required to complete11 modules with each module corresponding to fivecredits. You can choose between a ConcentrationTrack and a General Management Track. In theConcentration Track you may focus on one academicfield by taking at least four modules out of one con-centration. The rest of the modules can be taken outof the remaining concentrations, with a maximum of

three modules which can be picked per concentra-tion. In the General Management Track you mustselect all eleven modules in such a way that a maxi-mum of three modules are chosen out of each con-centration and a minimum of one.

Three credits of the program are dedicated to thegeneral studies module. Together with the capstonemodule, they provide the opportunity to integrate thegained knowledge and to work on topics concerningsustainability. At the end of study section II, youwill gain valuable work experience by completing aminimum six-week internship.

With a 210 ECTS credit bachelor’s degree you are ableto join the 90 credit track and start your master’s thesis

directly after the internship. With a 180 ECTS creditbachelor’s degree your option is to enroll in the 120credit track. It is in this track that you will spend anexchange semester at one of WHU’s partner universi-ties around the world. Subsequently, you will startyour master’s thesis.

Some of our Master in Management students may join the double degree option. They will spend twosemesters abroad at selected partner universities andearn a full second degree, usually an MBA degree,in addition to the MSc degree from WHU.

The WHU Master in Management is designed for recent graduates with an excellentfirst academic degree in a business-related field of study. This full-time, English lan-guage program builds on existing business fundamentals and helps you to developexpertise in all areas of business administration. In as little as 17 or 21 months you willgain an in-depth theoretical understanding and acquire specialized skills essentialfor your success in business. You will apply your knowledge and competence toreal business situations during the internship. You will also gain a thorough perspec-tive on international business through the integrated study abroad time. Upon com-pletion of the program, you will be perfectly prepared for international careers and

ready to enter high-quality doctoral and PhD programs.

“I’m originally from China where I graduated with a bachelor’s degree from

Hunan Agriculture University. I got to know WHU for the first time at an

information session. Here, I had the opportunity to get first-hand informa-

tion about the program from current students and also had the chance

to talk to a professor in person. I decided to choose the Master in Manage-

ment Program at WHU due to the numerous opportunities it offers to me:

An excellent education at one of the leading European business schools,

extensive international experience, and access to an impressive network of

passionate students. Today, I can honestly say, I will never ever regret being

a ‘WHU-ler’.”

Cheng Zeng

WHU MSc 2014

Your Program Structure


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07

Concentrations at WHU:

Marketing & Sales

Strategy

Supply Chain Management

Accounting

Economics

Entrepreneurship & Innovation

MASTER IN MANAGEMENT

September

October

November

December

January

February

March

April

May

June

July

August

September

October

November

December

January

February

March

April

May

Summer Break

StudySection

I / II

StudySection

III / IV

1 Capstone Module Abroad 2 Cr

Internship 5 Cr

Optional: Double Degree

Study Abroad 30 Cr Master’s Thesis 25 Cr

Master’s Thesis 25 Cr

MiM 90 Cr TrackMiM 120 Cr Track

11 Modules out of 6 Concentrations 55 Cr

1 General Studies Module 3 Cr

1 Capstone Module 2 Cr


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Your Curriculum08

Accounting & Financial Management Accounting and Financial Management are the backbone

of management and the language of business. Special-

izing in this area will equip you with critical skills relevantfor a broad range of potential career paths. You willacquire advanced knowledge in Financial Accounting,Management Accounting and Control, as well as Cor-porate Taxation. More specifically, you can either focuson Financial Accounting or select a broader set ofclasses covering all relevant aspects of Accounting andFinancial Management as an optimal foundation for acareer in the Corporate Finance Function. The concen-tration addresses the significant transformation in therole of the CFO to strategic counterpart of the CEO, and– last but not least – the excellent career prospects that

await managers in the area of accounting and controlling.

Modules: International Financial Reporting I International Financial Reporting II Financial Statement Analysis and Valuation Advanced Management Accounting and Control

Accounting for Financial Instrumentsand M&A TransactionsInternational Tax Strategy

Economics & Financial MarketsThe Economics & Financial Markets concentrationdeepens students’ understanding of the functioning of

markets. In particular, it focuses on strategic behaviorof firms, competition and regulation policies, the roleand functioning of financial markets, business implica-tions of globalization, and the role of developing andemerging economies. Thus, the concentration incorpo-rates invaluable concepts which provide a solid foun-dation for the structured analysis of real and financialmarkets. This is particularly useful for business strate-gists and financial analysts because it structures theprocess of decision-making. Furthermore, studyingeconomics complements the knowledge acquired invarious concepts of business administration sincemanagers need to understand the system their company

belongs to.

Modules: Strategic Competition

Competition and Regulation Economics of Financial Markets Exchange Rates and International Finance

Developing Economies in Global Economic Affairs Capital Market Theory

CONCENTRATIONS

The broad and perfectly aligned set of modules across the six concentrations at WHU forms the core of theMaster in Management curriculum. Concentrations are offered in all key business areas. Each concentrationprovides a comprehensive and detailed perspective on its discipline.


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“WHU graduates are perfect young professionals.

They not only have a substantiated academicbackground, but also possess intercultural and

language skills – the optimal preparation for an

international career.”

Prof. Dr. Paul Achleitner

Chairman of the Supervisory Board,Deutsche Bank AG

Innovation & EntrepreneurshipInnovation is the key for any organization to achieve a

sustainable competitive advantage and hence superior financial performance. This concentration providesstudents with the required skill set to create economicvalue through innovation in established organizations orin start-up firms. It focuses on strategic, organizational,legal, procedural, and global aspects of managing prod-uct, process, service, and business model innovationsand to successfully start and grow a new business. Theconcentration has a strong focus on leadership capa-bilities, which are required for managers in establishedorganizations and entrepreneurs in start-up firms to fullyleverage the impact of innovation on business perfor-mance.

Modules: Strategic Innovation Management Strategic Intellectual Property Management New Product Development Corporate Entrepreneurship Advanced Entrepreneurial Finance & Marketing PREPARE! – The Entrepreneurs’ Academy

Marketing & SalesMarketing contains the word “market”. Markets are not

abstract curves in a diagram – they are made by people.

The entire economy is based on simple acts of one

person buying and another person selling. Marketing &Sales is a fascinating discipline that combines business

administration, psychology, and economics.

The essence of business is to connect with customers,

to create value for customers, and to claim value from

customers. While several functions of the firm createvalue for customers, Marketing & Sales are the key func-

tions that connect with customers and claim value from

the customers. This makes Marketing & Sales knowledge

the key to any business success and any business career.

The WHU Marketing & Sales faculty is committed to our

students’ fitness for business, not only for administration.

Compared with other curricula, ours offers three keybenefits: 1) relevant, up-to-date content and caseexamples; 2) experiential, active learning methods; 3) achoice of courses for pricing and sales; two key market-

ing instruments that are often neglected in other Masterof Science programs. Through our high conceptual andmethodological standards, studying Marketing & Salesat the WHU is also an excellent preparation for a laterPh.D. The following modules are offered:

Modules: Relationship and Services Marketing Pricing: Negotiation, Calculation & Strategy The Product Manager’s Interfaces & Tools Professional Selling & Key Account Management Building a High-Performance Sales Force Leveraging Online & Offline Sales Channels


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10

StrategyLeaders need to guide their companies, especially inturbulent times as nowadays. To decide where to takea company is not easy. Neither is organizing it so thatyou can put the strategy in place. To make a responsibledecision one needs to be able to analyze where thecompany is actually located in relation to its customersand competitors, what its strengths and weaknesses are,and how to build a sustainable competitive advantagefrom there. Furthermore, leaders guiding these crucial

decisions need to be able to understand the complexenvironment they are navigating, the changing institu-tional environment, as well as changing resource con-straints and public opinion in various countries. Theconcentration Strategy provides profound insight intostrategic management of companies, corporations andhidden champions alike.

Modules: Corporate Strategies in Multinational Enterprises Global Business Strategies and Emerging Markets Strategy Processes and Top Management Teams Strategy Implementation

Institutions and the Global Changing Landscape

Supply Chain ManagementOperational decisions impact the firm’s responsivenessto customers, overall risk exposure and long-termcompetitiveness. Today, competitive advantage isfrequently created in the supply chain rather than bythe individual firm. Thus, a perspective which encom-passes raw material suppliers through end customersis of primary importance. Sustainability concernsmandate a cradle-to-cradle approach to supply, opera-tions, and distribution management, enabling recycling

and remanufacturing and hence greener products.

You will study advanced concepts for managementquality, global procurement, supply chain coordination,and collaboration. Logistics strategies to respond toincreasing levels of volatility and complexity are pre-sented. You will be furthermore exposed to quantitativetools for supply risk management and decision-makingunder uncertainty.

This concentration will enable you to develop expertisein collaborative value creation and management forsustainability.

Modules: Industrial Excellence Service Excellence Designing and Managing the Global Supply Chain Advanced Supply Management

Operations Strategy and Sustainability Transportation Management

“With its tradition to provide students with necessary

management theory, as well as essential personal

skills such as critical thinking, problem-solving, and

teamwork competencies, WHU offers one of the most

complete educational experiences available. It ’s an

outstanding opportunity for young talented people,

with both potential and ambition, to become success-

ful and responsible business leaders.”

Stephan Gemkow

CEO of Franz Haniel & Cie. GmbH


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Pool modules complement the concentration modules. The “pool” com-prises modules on specialized business fields such as Family BusinessManagement. It also includes selected modules out of the Master in

Finance Program such as Advanced Corporate Finance and InvestmentBanking and M&A.

Three credits of the Master Program are dedicated to the general studiesmodule. This module covers topics concerning sustainability in all its facets.Together with the capstone module it provides the opportunity to integratethe gained knowledge.

The international capstone module for students of the 90 credit track consistsof customized lectures on chosen topics as well as company visits. Itimplies a trip to one of the business metropolises in America, Asia, orEurope. Accompanied by faculty members, students will take advantage of

cross-cultural learning experiences through tailor-made lectures combinedwith local company visits. In the national capstone module for studentsof the 120 credit track, the students will have several workshops togetherwith company representatives to work on problem solutions of real lifecases concerning sustainability.

Practical relevance and exposure to the real business world are key strengthsof the Master in Management Program. Students are required to completea minimum six-week internship allowing them to apply and extend the know-ledge gained during their studies. WHU’s Career Center conducts manycareer activities for participants of all programs such as career events andcompany presentations. These are quite often the basis for an interview

invitation from the respective companies.

International experience is an important element of integrated manage-ment training at WHU. Students in the 120 credit track will spend onesemester abroad at one of WHU’s 195 partner universities around theworld. During this study abroad, students are enrolled in the Master orMBA program at the chosen par tner university.

The master’s thesis concludes the studies providing students with theopportunity to demonstrate and apply the theory and knowledge they havegained. Throughout the thesis, students will be supervised by a WHU

faculty member. Students may also write their thesis in collaboration witha company.

POOL MODULES

GENERAL STUDIES &

CAPSTONE MODULE

INTERNSHIP

STUDY ABROAD

MASTER’S THESIS

Please note: Modules may be subject to change.

Learn more about the MiM’s curriculum: www.whu.edu/mim/curriculum/


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Your International Experience –Study Abroad & Double Degree Opportunities

International experience is a crucial element of integrated management training at WHU because students areable to benefit from a wider range of teaching methods,cultures, and customs. The Master in ManagementProgram offers many international opportunities, suchas the capstone module abroad, the semester abroadat one of WHU’s partner universities, or the exclusivedouble degree programs.

Study AbroadOur students have access to a unique partnershipnetwork of currently 195 partner universities all overthe world.

No other university-level institution in Germany offersso many active and high-quality partnerships. We placeparticular emphasis on quality when selecting ourpartner universities. We are proud to be working withhalf of the 30 top business schools in the USA on thebasis of an exclusive co-operative arrangement.

In the 120 credit track, you will spend one semesterabroad during study section III. You will be enrolled inthe Master or MBA program at our partner universities.

The International Relations Office offers intensive,personalized support to make your time abroad a uniqueexperience.

An overview of WHU’s partner universities worldwidecan be found in a separate brochure or by visitingwww.whu.edu/partneruniversities

“The best thing about my semester at National University of Singapore

(NUS) was working with an international and truly diverse group of other

Master and MBA students. Not only was it a constant learning experience

and great fun, but it also provided me with a network in one of the most

exciting regions of the world.”

Christian Kaller

WHU MSc 2013

Left to right: ESADE Business School, Barcelona

New York University, Leonard N. Stern School of Business, New York (Source: wikimedia.org, Author: Pundit ©)

Copenhagen Business School, Copenhagen


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The double degree programs are a special feature atWHU. Within the context of our Master of SciencePrograms, a significant number of students will getthe opportunity to participate in the double degreeprogram at WHU.

You can earn a full degree from the partner university inaddition to the MSc degree from WHU after completingonly one additional semester abroad.

WHU’s double degree partner universities include: University of Western Australia, Australia University of Alberta, Canada York University, Canada PUC, Chile

Peking University, China INCAE, Costa Rica Lancaster University Management School,

United Kingdom École de Management de Lyon, France Keio University, Japan University of Texas at Austin, United States University of San Diego, United States Tulane University, United States Emory University, United States

The double degree program will involve additionalcosts depending on the partner universities’ tuitionfees. Support with scholarship applications for thestudy abroad section and the double degree programswill be provided.

“ The double degree program offers a thorough perspective on international business

and highlights cultural differences in corporations around the world. Having studied in

Germany, the U.S., and Brazil as well as having gained hands-on consulting experience

in China and Argentina in the course of two years, I can honestly say that the conjoint

education of USD and WHU offers a unique opportunity to acquire capabilities and

knowledge on how to succeed in international management and has left me well pre-

pared for a career in international business. I wholeheartedly recommend this program

to anyone who wants to look over the rim of the tea cup.”

Laura Mayer de Groot, Senior Consultant, Roland Berger Strategy Consultants

Double Degree Graduate, WHU MSc 2010, USD – University of San Diego, MBA 2010

Left to right: The University of Western Australia, Business School, Perth

The Hong Kong University of Science and Technology (HKUST) – School of Business and Management, Hong Kong

University of Texas at Austin – McCombs School of Business, Austin


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Our faculty includes renowned researchers and experts in their disciplines who are dedicatedto your education and success. The fact that WHU is the only private business school inGermany which is a member of the German Research Foundation (DFG) demonstrates theschool’s excellence in research. As a WHU student, you will also benefit from the faculty’sbusiness networks which build the basis for regular guest lectures by top internationalspeakers. This ensures that both theoretical knowledge as well as the latest managerialpractice is emphasized in the classroom.

Your Faculty

Malte Brettel

Professor of Entrepreneurship, WHU (part-time)

Tim Oliver Brexendorf Assistant Professor of Consumer Goods Marketingand Head of the Henkel Center for Consumer Goods,WHU

James Gerard ConleyClinical Professor of Technology at Kellogg Schoolof Management, Northwestern University, USA

Carolin Decker Assistant Professor at the Center for Family Offices,

WHU

Anna DubielRoechling Assistant Professor of InternationalInnovation Management, WHU

Holger ErnstProfessor of Technology and Innovation Management,WHU

Ralf FendelProfessor of Monetary Economics, WHU

Michael FrenkelProfessor of Macroeconomics andInternational Economics and Dean, WHU

Igor Goncharov

Professor of Financial Accounting, WHU

Walter HerzogProfessor of Marketing, WHU

Christoph HienerthProfessor of Entrepreneurship andNew Business Development, WHU

Arnd HuchzermeierProfessor of Production Management, WHU

Thomas Hutzschenreuter

Professor of Corporate Strategy andGovernance, WHU

Martin JacobProfessor of Business Taxation, WHU

Ove JensenProfessor of Sales Management andBusiness-to-Business Marketing, WHU

Peter-J. JostProfessor of Organization Theory, WHU

Ayse KaraevliProfessor of Organizational Change and Family Business,WHU

Faculty Teaching in the Master in Management Program Include:

Professor Ove Jensen


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Lutz Kaufmann

Professor of International Business andSupply Management, WHU

Rolf LanghammerProfessor of Economics, WHU

Edgar LöwPartner and Head of Financial Accounting Advisory Services at Ernst & Young

Miriam MüthelProfessor of Organizational Behavior, WHU

Sabine RauProfessor of Family Business, WHU

Felix Reimann Assistant Professor of International Business,WHU

Markus Reisinger Professor of Economics, WHU

Markus RudolfProfessor of Finance and Associate Dean, WHU

Jan-Christoph Rülke Assistant Professor of International Economics,WHU

Utz Schäffer

Professor of Management Accounting &Control and Director of the Institute of Management Accounting and Control ( IMC), WHU

Harm Schütt Assistant Professor of Financial Management, WHU

Thorsten SellhornProfessor of Accounting, WHU

Stefan SpinlerProfessor of Logistics Management andDirector of the Kühne Institute for Logistics

Management, WHU

Tillmann WagnerProfessor of Marketing, WHU

Carl Marcus WallenburgProfessor of Logistics and Services Managementand Director of the Kühne Institute for LogisticsManagement, WHU

Jürgen WeigandProfessor of Economics, WHU

B. Burcin YurtogluProfessor of Corporate Finance, WHU

WHU LEARNING GOALS

Discipline-specific knowledgeand competence

Management-specificskills

Understanding globalbusiness environment

Teamwork andresponsibility

Critical thinking andproblem-solving skills

Managerial andentrepreneurial practice

Left: Professor Lutz Kaufmann. Right: Professor Markus Rudolf

Discover more about the faculty teaching in the Master in Management Program: www.whu.edu/mim/faculty/


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Career Center @ WHU –Our Claim / Our Vision

The WHU has successfully been running its career

services since the graduation of the f irst students

of the diploma program in 1988. The WHU’s Career

Center was among the winners of a national competi-

tion “Career Service in Business Schools” in 2007. Inthe 2010, 2011 and 2013 Financial Times Masters in

Management Ranking, the WHU received a particularly

outstanding rating for its Career Center which took

1st place in its category on the grounds of data from

alumni.

Service Offerings for Students

We offer our students comprehensive opportunitiesto plan their career from the beginning of their studies. A broadly diversified choice of career activities accom-

panies them during their studies and offers numerousnetworking opportunities with company representativesand alumni. The Career Center offerings include the fol-lowing activities:

Career counseling and career orientation Company presentations: About 50 companies are

active on the WHU campus in Vallendar each yearthrough corporate presentations

Career events: Two recruiting fairs take place eachyear (“Master Your Career” in February and the“Career Day” in October)

Weekly newsletters inform students with informa-tion and news of our companies, alumni, and currentinternship and job offers

Workshops and training for professional qualifications WHU eProfiles/on campus Recruiting: eProfiles is

the online resume book of our graduates. We offeraccess to this database to all WHU sponsors and thisis often the basis for on campus recruiting or inter-view invitations directly from the respective company

Alumni network: The Career Center maintains a close

relationship to the alumni who significantly supporton campus activities and also help in finding nationaland international job/internship positions

We are convinced that an optimum care is possibleonly by personal contact. With our “Open Door Policy”we offer our students an easy and direct opportunity toget in touch with us.

Learn more about WHU’s outstanding Career Centerwww.whu.edu/mim/career-center/

Career service, means for us, successfully operating between the enterprises, the

WHU, our alumni, and our students. By conducting numerous career activities forstudents of all programs as well as the doctoral students and the MBA participantswe offer occupational orientation and an exciting platform for networking with com-pany representatives and alumni. Annually, more than 50 companies are active atWHU through corporate presentations, career fairs, and workshops – among themboth long-term partners as well as new and interesting businesses.

“Kuehne+ Nagel – The Global Logistics Network –

has a constant need of internationally educated and

entrepreneurial academic talents that can design,

implement and manage complex supply chain so-

lutions for its demanding customers worldwide. The

proactive WHU career service is an excellent partner

in the ‘supply’ of those rare talents.”

Tobias Jerschke

President Kuehne + Nagel Sp.zo.o. – Poznan (Poland)WHU Diplom 1998


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In Praxi – WHU Alumni Association

The alumni organization has more than 2,800 members,

historically, and still today more than 90 % of all gradu-ates become members of In Praxi. Approximately 25 %live outside Germany, though regular In Praxi meetingstake place all over Europe and beyond. More than20 regional chapters help keep the community aliveand establish the global network of friends. Membersare provided with various services and what is alsovery important, they “keep in touch!”.

In Praxi concentrates on the continuous support of WHUand the current student body with both financial andnon-financial actions being equally important. The non-financial support and integration of WHU alumni was

awarded being best practice in the German-speakingregion. Being an alumnus of WHU means you willprofit at various levels.

A wide variety of services and events are organized

by the professional office team and by the association’smany voluntarily working members. These include:

Exclusive career services with a post-placementprogram and an alumni career dayEstablished and frequently used member benefitplatform

Lifelong Learning Series with seminars on currentmanagement and other popular topics

Participation in sports events and WHU conferences Access to the exclusive myInPraxi web portal with

up-to-date contact details of all members Member magazine “Keep in Touch!”

Read more about WHU’s alumni association:www.in-praxi.org

WHU is unique, and so are its alumni. Founded by the first graduates in 1988,In Praxi – WHU Alumni Association is regarded among the best alumni associationsin the German-speaking region.

Right: In Praxi – WHU Alumni Association currently has over 2,800 members who live and work in more than 65 countries. Around 90 % of graduates become members

and subsequently In Praxi enjoys a unique pool of contacts and information networks that are supported by over 20 Regional Chapters worldwide.

Left: 25 Years – In Praxi celebrates! Our A lumni have been celebrating their WHU past. Various afternoon events were organized by WHU to honor the occasion. Our

Alumni relived the “WHU spirit” the night befo re by par tying i nto the small hours of the morning a t Club Pa lais in Koblenz . In tot al, over 500 WHU A lumni c elebr ated

the 25th anniversary in Se ptember 2013.


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WHU Student Clubs & Campus Life

Whatever your interest, be it sports, music, art, human-itarian aid projects, theater, or renowned businessconferences – WHU’s student clubs and campus lifeoffers something for everyone and provides you withthe opportunity to form new friendships and networkwith fellow students and alumni.

Here Are a Few Examples ofWHU Student Clubs:

WHU Campus for Finance (CFF)WHU students guided by the WHU Chair of Finance

organize the Campus for Finance Conferences series.

The Campus for Finance – New Year’s Conference

is one of the leading European conferences for the

international finance community. In order to foster a

sustaining network, WHU holds three conferences

every year. These include the Campus for Finance –

New Year’s conference as well as the Campus for

Finance – Research Conference in January and finally

the Campus for Finance – Private Equity Conference

in April. They bring together leading corporate repre-

sentatives, Nobel laureates as well as top business

students from around the world, true to our lead vision“Uniting the World of Finance”. Speakers of past

conferences include renowned academics like Prof.

John F. Nash, Jr. (Nobel Laureate 1994, Princeton

University), Prof. Finn E. Kydland (Nobel Laureate 2004,

University of California, Santa Barbara) and high-

ranking politicians and corporate representatives such

as Jean-Claude Trichet, former President of the

European Central Bank, and Jürgen Fitschen, CEO

of Deutsche Bank AG.

Further top-class congresses of WHU’s successful

“campus-for-series” include the Campus for Controlling,

the Campus for Marketing, the Campus for Sales, the

Campus for Supply Chain Management, and the

Campus for Taxation.

IdeaLab! – The Founders’ Conference

IdeaLab! is the biggest congress for prospective

founders and entrepreneurs in the German-speaking

world which is organized by students. Anyone who

is interested in founding a new start-up and has an

idea of a business model will have the opportunity

to get in contact with successful entrepreneurs and

renowned investors from the German and international

start-up scene.

The conference offers a platform for exhaustive

exchange of knowledge and ideas about success-ful entrepreneurship between founders, investors, and

students.

Campus life at WHU offers many opportunities. Team spirit, problem-solving skills,entrepreneurial thinking, and responsible leadership are fostered not only in theclassroom and academic work but also in the student clubs. These extracurricularactivities are essential to the lively atmosphere on the campus and one of themost remarkable characteristics of WHU.


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forumWHUThe forumWHU is dedicated to organizing and host-ing an annual congress bringing together students anddecision makers from politics and business to discussabout the challenges arising from the interplay betweenbusiness, politics, and society. Exciting panel discus-sions and workshops provide the opportunity to shareideas and experiences on responsible business issuesand to establish contacts with other students as well asrepresentatives from government, business, and society.

WHU Euromasters

The international sports festival WHU Euromastershas been organized by WHU students since 1997 andhas become the largest and most significant businessschool sports event in Europe. More than 1,200 stu-dents from universities throughout Europe competeagainst each other in various sports disciplines on thefirst weekend of November each year. Beyond that,Euromasters brings together students with internationalcompanies and provides the possibility to explore careeropportunities in a thoroughly relaxed atmosphere.

Campus Life at WHU:

Although our students face a demanding study pro-gram, student life is by no means neglected. Campuslife at WHU is rich and vivid: from guest speakers tobusiness conferences, from concerts and plays to sports

tournaments, there’s always something happening onthe campus.

As a WHU student, you wil l enjoy optimal conditionsfor both study and work. We provide excellent facili-ties which in turn accomodate for the highest stan-dards of teaching and learning. For leisure, the WHUGym offers the latest exercise equipment and tech-

nology as well as different courses including indoorcycling, yoga, kickboxing, and many more.

Living in Vallendar and its SurroundingsVallendar is situated in the heart of the famous RhineValley, a UNESCO World Heritage Site. There are excel-lent opportunities for you to explore the beautifulsurroundings of Vallendar. For example, you can take aboat trip through the Rhine gorge with its castle-top-ped cliffs, or cycle through the Moselle valley, home tosome of Germany’s best vineyards. There is a hugeselection of outdoor activities available throughout theregion.

Vallendar and the surrounding area offer excellent

housing opportunities, ranging from private apartments,to halls of residence, right up to “last-minute beds”.Most students choose to live near the campus, takingadvantage of the proximity to lecture rooms and theopportunity to get together at any time.

WHU SpiritThe enthusiasm with which our students pursue com-mon goals and make dreams and ideas a reality isa manifestation of the WHU spirit. This unique atmo-sphere is highly valued by all groups within our univer-sity and goes far beyond your period of study. This canbe seen, for instance, in the commitment of the alumni

who maintain close links to their alma mater, support-ing it with generous financial contributions and activenon-material support.

“Organizing the Campus for Finance Conferences is

a unique experience, which highly enriches our

university life. We do not only complement our class-

room experience but also have the great opportunity

to build a personal network through the close coope-

ration with alumni and the corporate world. Overall,

working in a young, dynamic, and motivated team is

definitely a lot of fun!”

Patrick Tang

WHU MSc 2014

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Your Application

The Admission Requirements

A first academic degree from an accredited college,university, or technical school in a business-relatedfield of study (equivalent to a Bachelor’s degree with atleast 180 ECTS credits)

Practical experience (five months of internship/s orequivalent) GMAT score of at least 600 TOEFL (min. score: 100 IBT) or IELTS (min. score: 7.0);

except for native English speakers or applicants whohave earned a first academic degree in English

International experience (study or internship abroad) Completion of WHU’s application forms Successful completion of WHU’s Admission Test

The Application Process

The application process is a chance to show us howyou think and what your goals are. Of course, it is alsoan opportunity to find out more about us. We wouldbe delighted to answer any of your questions.

You can begin the application process by visiting ourwebsite and applying online.

To apply, please use the following linkwww.whu.edu/msc/applications/

Step 1: Start the Online ApplicationComplete the online application and the biographicalquestionnaire and submit it together with the support-ing documents. You will find detailed informationon how to apply, including the application itself, atwww.whu.edu/msc/applications/. We carefully reviewcomplete applications and invite qualified candidates

to an admission test.

Step 2: Participate in the Admission TestThe Admission Test consists of two one-on-oneinterviews; one of the interviews is combined witha presentation on a self-chosen, management/finance-related topic.You have two options: You will either participate inone of the On-Campus Admission Tests or, if youlive far away from Germany, attend one of our Off-Campus Admission Tests via Skype.

WHU is looking for students from around the world with high cognitive and personal

potential. For our MSc Programs we seek recent graduates with an above-averagetrack record in their academic education who show personal commitment and pos-sess excellent English language skills. The ideal candidate should also have severalmonths of practical and international experience.

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THE APPLICATION PROCESS

Upon review of your application, you may be invited to the Admission Test, consisting of two

one-on-one interviews. You will either participate in one of the On-Campus Admission Tests or

attend one of our Off-Campus Admission Tests via Skype.

STEP 2

STEP 1

The final decision will be communicated shortly after the admission test.

To apply, please use the following link

www.whu.edu/msc/applications/

STEP 3


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Your Financing Opportunities

Tuition Fees

The tuition fees for the Master in Management Programare currently € 19,200 (90 credit track) or € 23,600(120 credit track). These fees include the study costsfor the capstone module abroad in the 90 credit track

or the study abroad in the 120 credit track. For a dou-ble degree, an additional fee is charged depending onthe tuition fees of the respective partner university.

Some of our Financing Opportunities are:

Reduced Tuition FeesStudents with income and assets up to € 7,670 abovethe BAföG limit per year are eligible for reduced tuition.

The amount of the reduction per student is determined by

the number of eligible students who ask for a reduction.

WHU Brain Capital GmbHIn 2006, a new, innovative tuition financing conceptwas introduced at WHU. Students participating inthese models do not pay any tuition fees during theirstudies at WHU. However, they commit themselves tomake income-dependent payments upon completionof their studies. The total amount of payments is linkedto the income earned. This payment constitutes 3.5 to4.9 % of the gross income for a period of ten years.If in any year income falls below a level of € 30,000,the obligation to pay is ceased for that year (e.g. whensetting up a company, pursuing further studies, orduring a parental leave). 25 % of the WHU student body

finance their tuition fees this way.

Loan Program of Sparkasse KoblenzWHU has arranged a low-interest loan program withSparkasse Koblenz which is available for German-speaking WHU students without special collateralrequirements. The student agreement is adequate assecurity for the bank.

The In Praxi – Diversity ScholarshipIn Praxi, the WHU Alumni Association has launched theIn Praxi – Diversity Scholarship. Its purpose is to helpinternational applicants with both financial aid and non-material support. The scholarships are granted underseveral criteria, such as financial need, social and volun-tary involvement, and practical experience.

DeutschlandstipendiumWithin the framework of the German national scholar-

ship program “Deutschlandstipendium”, WHU grants

every fall semester annual scholarships to particularly

talented and high-achieving students who have also dis-tinguished themselves through outstanding commitment

to community and society. The scholarships are funded

by matching donations from the Federal Ministry of

Education & Research (BMBF) and from private donors

such as companies, foundations, and single individuals.

The scholarships amount to € 300 per month each and

are initially granted for a period of twelve months with

the possibility of extension up to the end of the standard

period of study.

Other Scholarships As a result of the selection process, WHU students

have a good chance of acceptance in a scholarshipprogram. Nearly 20 % of WHU students are funded bya grant or endowment (BSc and MSc Program). Youwill find an overview of scholarships and funding oppor-tunities here: www.whu.edu/mim/financial-aid/

Inability to pay the tuition fee has never prevented anyone from attending WHU. Our

school offers a series of financing options in order to ensure that everyone who hassuccessfully passed the admission process and obtains an offer is able to participatein the WHU Master in Management Program.

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“I am very grateful to In Praxi – WHU Alumni Association for the life-changing

opportunity to become a student of my dream university. From the very first day

at WHU I literally fell in love with the WHU’s friendly community, inspiring profes-

sors, highly motivated students, and also supportive alumni. But I wouldn’t have

been able to become a part of this without the In Praxi Diversity Scholarship.”

Tetiana Dymytrashchuk, UkraineWHU MSc 2014


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Your Way to Meet Us

Information Days

Our Information Days are an excellent opportunity tomeet students, faculty, and the admissions team and to

experience the unique campus atmosphere at WHU.Online, you can join one of our Virtual Information Daysoffered several times a year.

Information Sessions

You can meet us in a city near you at one of our After-work Information Sessions. At these events, you willget a first-hand insight into the Master’s programs andexpand your network with current students, alumni, andstaff from WHU, all in an informal and relaxed atmo-sphere.

Personal Visits

You are welcome to make an individual appointmentto come to our campus in Vallendar. This personal

visit gives you the opportunity to meet current MScstudents, go on a guided campus tour, and have apersonal study advisory service with the MSc team. Wewelcome personal visits throughout the year. Pleasecontact us for an appointment.

Student & Career Fairs

The MSc team regularly participates in fairs held inmany cities around the world. We would be delightedto meet you there and to answer all your questionsabout studying at WHU. Please check our website to

see where we will be visiting this year.

Please visit www.whu.edu/msc/events/ for additionalinformation and registration for all events listed above.

The best way to know what it is like to be Master’s student at WHU is to experienceit. We regularly host information events on our campus, online, and in various citiesthroughout Germany. In addition, our team attends student and career fairs aroundthe world.

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Düsseldorf

Frankfurt

Dreieck

DernbachNeuwied

Kreuz

Koblenz

Koblenz

A 61

A 48

A 1

A 3

Mainz

Wiesbaden

How to Find Us?

By PlaneWHU can be reached from Frankfurt International, Cologne/ Bonn, and Frankfurt/Hahn Airports in about one hour.

By CarTake the A 61 motorway. At junction Koblenz (AutobahnkreuzKoblenz), take the A 48 motorway towards Koblenz.

If you are travelling via the A 3, exit at junction Dernbach(Dernbacher Dreieck) towards Koblenz/Trier. Take theBendorf/Neuwied/Vallendar exit and follow the signs to

Vallendar. There is a public parking lot r ight next to WHU.

By TrainTake the Deutsche Bahn train to the main station in Koblenz.“KEVAG” bus line 8 and “RMV” bus line 318/319 (outsidethe station) will take you to Vallendar. Depending on the traintimetable, it may be faster to travel to Montabaur by ICE train.

WHU – Otto Beisheim

School of Management

MSc Office

Burgplatz 256179 VallendarGermany

Tel. +49 261 6509-520/523E-mail: [email protected]


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WHU – Otto Beisheim

School of Management

MSc Office

Burgplatz 256179 VallendarGermanyTel. +49 261 6509-520/523E-mail: [email protected]

www.mim.whu.edu

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