Master of Science in International Business Economics and Management
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1 BRUSSELS t Master of Science in International Business Economics and Management Faculty of Economics and Business Campus Brussels KU Leuven. Inspiring the outstanding.
2 DISCOVER KU LEUVEN Situated in Belgium, in the heart of Western Europe, KU Leuven has been a centre of learning for nearly six centuries. Today, it is Belgium's largest and highest-ranked university and, founded in 1425, one of the oldest and most renowned universities in Europe. As a leading European research university and co-founder of the League of European Research Universities (LERU), KU Leuven offers a wide variety of inter national master s programmes, all supported by high-quality, innovative, interdisciplinary research. Study Economics and Business at KU Leuven, Campus Brussels The MIBEM is hosted at the Faculty of Economics and Business, Campus Brussels. The campus has a clear motto: Not Business as Usual. That slogan sums up our unique educational profile. In Brussels we stimulate entrepreneurship in a programme with a clear business-oriented focus. Choosing the Master of Science in International Business Economics and Management (MIBEM) is choosing a programme with a strong reputation in the corporate world. TRULY INTERNATIONAL Choosing to study MIBEM is also choosing to engage with other cultures. In 2014, students from 63 different countries took part in the MIBEM programme. We also encourage students to participate in exchange programmes that allow them to spend a semester abroad. BUSINESS-ORIENTED The MIBEM programme builds bridges to real international business life by inviting corporate guest speakers and by organising the business game. You will have the opportunity to integrate acquired knowledge and apply it to real-life business situations in the context of your master s thesis. IN THE HEART OF EUROPE Learn business where business is done! Brussels is the economic beating heart of Europe. As a business hub, it has a central position in Europe and it hosts the EU and the NATO, as well as a diverse range of international trade and finance organisations. Many Chamber of Commerce organisations from around the world have offices in Brussels. Hundreds of multinational corporations have their head offices in Brussels and many important political and economic decisions are made here. As an MIBEM student, you ll be living and studying in the middle of this decision-making centre: a head start for launching your career.
3 Master of Science in International Business Economics and Management (MIBEM) The MIBEM programme is a tailor-made master s programme taught in English for students with a bachelor s degree in a field other than economics. It offers insight into all major disciplines of business economics and management at an academic level. This business-oriented programme focuses on critical and problem-based learning in a multicultural and multidisciplinary environment. BUSINESS ECONOMICS AND MANAGEMENT You will be offered a broad perspective on what business is all about. You will acquire academic knowledge of and insights into the core contents of international business economics and management at an academic level. The fundamentals of international economics, strategic international HR manage ment, international marketing, international corporate finance will be addressed in detail. PERSONAL AND PROFESSIONAL DEVELOPMENT You will acquire and develop cross-cultural managerial skills in order to be prepared for the global job market. You will learn to manage people globally and will develop intercultural management and negotiation skills. By means of teamwork, you will expand your professional skills and knowledge in preparation for launching your career. MULTIDISCIPLINARY The MIBEM curriculum is a great option if you obtained an academic bachelor s or master s degree in a field other than economics. The programme leverages knowledge and methods from various related fields, in addition to providing academic training in economics. In previous years, students from the following disciplines have been successful in the programme: Law, Industrial Sciences, Linguistics & Literature, Physics, History, Philosophy, Communication Sciences, Political Sciences, Architecture, Civil Engineering, etc. TRAINEESHIPS You will have the opportunity to complete an extracurricular traineeship for a maximum 60 working days. The traineeship will introduce you to the ins and outs of the job market and allow you to apply the knowledge and skills acquired in the classroom. DUTCH EQUIVALENT - NOW AS AN EVENING PROGRAMME! KU Leuven also offers a Dutch equivalent as an evening programme: the Master (of Science) in de internationale bedrijfseconomie en het bedrijfsbeleid. For more information, see
4 Profile You have obtained an academic bachelor s or master s degree in a non-economic discipline; You want to broaden your horizons by gaining knowledge of economics and management; You want to enhance your career opportunities by acquiring general management skills and business knowledge; You want to launch an international business career benefiting from knowledge acquired in an international, one-year master s programme; You feel that a business-oriented, hands-on, critical, interdisciplinary and problem-based learning approach is something for you; You are convinced that studying and working in a multicultural and multidisciplinary team is an asset. Your application To be eligible for the MIBEM, you must have obtained an accredited academic bachelor s or master s degree in a field other than Business Administration. This degree must be declared equivalent to a related Flemish degree of higher education. You must also provide evidence of proficiency in English. TUITION FEE The annual tuition fee is +/- 890 EUR for European nationals. The fees for non-eea students have not yet been confirmed, please check our website as of December 1st Please consult the website for the most recent information regarding applying to the programme: 8 Admission requirements Holders of the following degrees are eligible for direct admission to the programme: Bachelor of Science in Political Sciences, Bachelor of Science in Political and Social Sciences, Bachelor of Science in Economics, Bachelor of Science in Public Management and Public Policy Holders of the following degrees are eligible for admission upon completion of a preparatory programme: All other academic bachelor s/master s degrees in a field other than Business Administration For students with a non-belgian degree, degree equivalence is determined by the faculty. START OF THE ACADEMIC YEAR The academic year starts on Monday, 21 September Orientation activities for new students are held on campus on Friday, 18 September 2015.
5 Programme MASTER OF SCIENCE IN BUSINESS ECONOMICS AND MANAGEMENT 60 ECTS COURSE ECTS BUSINESS ECONOMICS 14 International Economics 5 Corporate Social Responsibility 3 Advanced Micro-Economics/Culture and Economies/Economics of Innovation/Economics of Social Security and Social Insurance/ Environmental Economics/Public Economics 3 International Study Visit Recent Advances in European Business 3 MANAGEMENT 20 Managerial Accounting 5 International Corporate Finance 5 Strategic International HR Management 5 International Marketing 5 STRATEGY 5 International Business & Strategy 5 RESEARCH AND PRACTICE 21 Business Game 3 Project Management 3 Master s Thesis 15 PREPARATORY PROGRAMME maximum 30 ECTS COURSE ECTS Principles of Managerial Economics 3 Macro-economics and Economic Policy 3 Introduction to Management 3 Introduction to Financial Reporting 6 Organisational Behaviour 3 Principles of Marketing 3 Business Research Methods 6 Research Proposal Master s Thesis 3 For detailed descriptions of this programme s courses and for the course timetable, please consult
6 Not Business as Usual Throughout the course of the MIBEM programme, you will have the chance to interface with the business world in myriad ways. In addition to guest lectures, we organise training sessions, company visits and other events. You even have the option of writing your master s thesis as part of a company project. The programme enhances your theoretical foundation and provides the tools you need to put theory into practice. BUSINESS SEMINARS Our campus organises regular business seminars to keep you abreast of the latest developments in the field. The seminars, held several times a year, are given by prominent business leaders. Guest lecturers from past years include Jos Delbeke (Director-General for Climate Action, European Commission), Norm Johnston (Global Digital Leader, Mindshare Worldwide) and Sophie Dutordoir (CEO, Energy Benelux & Germany, Electrabel/GDF Suez). Studying abroad Studying abroad opens your eyes to new people, languages, cultures and ways of doing business. The skills and perspectives developed as a result are increasingly valued by today s global business leaders. That s why we encourage our students to do a portion of their studies abroad and more than half do. The Master of Science International Business Economics and Management cooperates with the Warsaw School of Economics (Poland) and ICHEC (Belgium).
7 Career outlook An MIBEM degree opens the door to a variety of positions at international companies and organisations across a wide range of sectors, while your personal goals and prior education play a key part in determining your career path. Thanks to the MIBEM programme, I learned to look at companies from a different perspective, whereas previously, the focus was more on the mere technical character of the business world. The company s technical and financial aspects go hand in hand and should not be seen as two separate elements. Financial decisions have an impact on technical realisation and vice versa. This course certainly reinforced my engineering degree and it was certainly also a personal enrichment. (Jeroen Baes Project Engineer at Caterpillar (Master of Science in Industrial Sciences)) I recently joined Logica as a young potential for the Thaler programme. Thaler is an integrated software package covering all banking activities, from internal management processes to day-to-day operations. The programme targeted young graduates with an economic or IT background and the MIBEM programme provided me with vital economic knowledge and management skills. (Christian Mwizerwa Young potential at Logica (Bachelor of Science in IT)) After graduating from HUB I immediately started working as a consultant for a local economic development programme in Monduli, Tanzania. The MIBEM proved to be very practical and a real asset for supporting local farmers and entrepreneurs. It allowed me to specialise in the field of business development and consultancy for microcredit organisations. In fact, thanks to the MIBEM degree I get the chance to put my master s thesis into practice by stimulating the growth of promising African enterprises. (Bart Casier Consultant in Tanzania (Master in African Languages)) I am working at the European Court of Justice in Luxemburg as a legal translator. Even though the link with economics and management is less obvious, I still benefit from what I have learned in the MIBEM programme. Besides the vast and thorough economic background, I can use the experience of studying in a truly enriching international context. In fact, the great cultural diversity of MIBEM students and the classes being completely taught in English make the programme an excellent preparation for a career at the European institutions. (Thomas Scheir - Legal translator at the European Court of Justice (Master of Law))
8 KU LEUVEN Oude Markt 13 box LEUVEN, Belgium Learn more feb.kuleuven.be/eng/brussels General Information Publications OPEN DAYS Friday 20 February 2015 Wednesday 18 March 2015 Saturday 25 April 2015 Saturday 27 June 2015 Saturday 5 September 2015 Faculty of Economics and Business Campus Brussels Warmoesberg BRUSSELS tel Mrs Katrien Wauters tel k.wauters@kuleuven.be This brochure provides the most complete and accurate information available concerning this master s programmes offered at KU Leuven. However, amendments to the composition of this programme may be approved at any time. The study load of many master s programme may increase from 60 to 120 ECTS in the future. Consequently, KU Leuven is in no way legally bound by the information provided in this brochure. The most recent information on all our academic programmes can be consulted at Last updated: October 2014 v.u.: Isabelle Van Geet, Oude Markt 13, 3000 Leuven
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