Corporate Governance & Finance Online | Master

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Short Facts
  • Time model & language: Online + attendance modules | English
  • Duration of study: 4 Semesters | 120 ECTS
  • Prerequisites: Bachelor or equivalent degree in relevant studies or studies comprising a certain level of relevant ECTS points
  • Academic Degree: Master of Arts in Business | MA or M.A.
  • Next starting date: Fall 2019
    Application: ongoing

Before studying

As a commencing student you may have many questions: What does the desired course of studies teach me? How do I apply? What are the requirements for admission to studying at MCI, and what is the application deadline? What are my career options after graduation? Below you will find all the answers and information you may need.

Overview

Student working at his laptop in relaxed lounge atmosphere playvideo

The part-time Master’s degree course in Corporate Governance & Finance Online allows professionals to obtain a Master’s degree in only four semesters. The time required to complete the program is no more than 20 to 25 hours per week.

The part-time Master’s degree course in Corporate Governance & Finance Online offered at MCI provides a science-based and application-oriented academic education. The program is taught entirely in English and has been developed on the basis of the blended learning concept. It combines compulsory online lessons and individual learning assignments with up to eight on-campus sessions per semester. The benefits of this concept are manifold: not only does it enable a large degree of flexibility through online teaching, but it also provides substantial supervision through traditional face-to-face learning.

Built on blended learning, the Corporate Governance & Finance Online Master’s program is characterized not only by flexibility and independence, but also by practical relevance and a strong emphasis on application-oriented thinking. It allows students to combine work and study, while at the same time profiting from the personal interaction with teachers and exchange with other students.

The Master’s program targets individuals who already hold a business-related Bachelor’s degree and currently work towards becoming experts or leaders in their chosen field. Their prime goal should be to gain advanced knowledge of corporate governance and financial management.

Contact
Maria Rabl
FH-Prof. Dr. Maria Rabl Head of Department & Studies +43 512 2070 - 4200

If you have any questions concerning the study program, please contact us at: This email address is being protected from spambots. You need JavaScript enabled to view it., Tel:+43 512 2070-4200


Consultancy situation between MCI staff and future student

Admission

Applications for admission are accepted on a rolling basis. The required documents are to be submitted online. Applicants are welcome to apply for multiple programs of study, as long as a plausible rationale is given. The final decision may be taken by the end of the application procedures.

 

Application
deadline

Entrance Exam &
Interview

Date 1* 19, Nov 2018 tba
Date 2 04, Feb 2019 tba
Date 3 01, Apr 2019 tba
Date 4 03, Jun 2019 tba

 

 *recommended for applications from non-EU countries

The program accepts

  • Graduates of relevant bachelor programs. For example: (International) Business Administration, Business & Management, (International) Economics.
  • Graduates of other bachelor or post-secondary programs comprising courses in business administration / strategic management, accounting / controlling and human resource management / business process management (totaling a minimum of 70 ECTS).

Places are allocated on the basis of the following criteria:

Career background - 20%
Particular attention is paid to previous education and certificates obtained, general professional development and applicants’ academic and professional goals.

Written entrance exam - 30%
The written entrance exam (English, mathematics / statistics, fundamentals of business administration) is designed to test applicants’ aptitude for the program.

Interview - 50%
The interview gives applicants the opportunity to present themselves personally, to expand on the information provided in the application and to explain their academic and professional goals. A Skype-based interview is also possible.

Students discussing on the roof terrace

While studying

MCI study programs stand out due to the quality of their content, relevance to the business world, and their international orientation. The close cooperation with partners from  industry and integrative internships enable students to gain practical experience as early as in their Bachelor’s studies. In addition to providing expert knowledge, MCI places great importance on encouraging personal development and the development of social and intercultural competencies.

Corporate Governance & Finance Online

The Master’s program provides students with modern business concepts and tools with a special focus on financial management and governance-related fields of action. It establishes a link between these two subject areas to illustrate their importance for the success of a company and to teach essential management concepts. The program also equips students with the core competencies of academic reading and writing on an advanced level, and allows them to deepen their understanding of digital communication, self-management and team work.

 

Facts

Time model & language
Online + attendance modules | English
Academic year
Winter semester: beginning of September – beginning of February
Summer semester: mid of February – beginning of July
Structure
1st - 3rd semester: core curriculum, lectures in Governance, Finance, Management and research methods
4th semester: Master thesis and final exam
Tuition fees
For students from EU & EEA countries: EUR 363 / semester plus membership fee to the Austrian Student Union (ÖH). Details & information for students from third countries can be found at admission.

Modules overview

Subject%
Finance Management 12,5%
Governance Systems 12,5%
Management Behavior 12,5%
Operational Competencies 12,5%
Strategic Decision Making 12,5%
Economic Environment 10%
Advanced Academic Research 12,5%
Master Thesis & Final Exam 15%

Curriculum

 1234
Accounting I 4 | 5      
Accounting II (IFRS)   4 | 5    
Financial Markets     4 | 5  


Semester Credit Units| ECTS-Credits

 1234
Finance & Corporate Law 4 | 5      
Corporate Governance   4 | 5    
Business Ethics        4 | 5


Semester Credit Units| ECTS-Credits

 1234
Self-Management & Leadership 4 | 5      
Business Psychology   4 | 5    
Organizational Behavior     4 | 5  


Semester Credit Units| ECTS-Credits

 1234
Entrepreneurship 4 | 5      
Operational Excellence     4 | 5  
Change Management       4 | 5


Semester Credit Units| ECTS-Credits

 1234
Strategy & Finance 4 | 5      
Mergers & Acquisitions   4 | 5    
Risk Management     4 | 5  


Semester Credit Units| ECTS-Credits

 1234
Economics   4 | 5    
Economic Policy      4 | 5  


Semester Credit Units| ECTS-Credits

 1234
Fundamentals of Research 4 | 5      
Research Methods   4 | 5    
Applied Project     4 | 5  


Semester Credit Units| ECTS-Credits

 1234
Master Thesis & Final Exam       2 | 20


Semester Credit Units| ECTS-Credits

  • Accounting, finance, controlling, R&D, quality and risk management
  • Business consultancy
  • Politics, public administration, interest groups
  • Corporate governance, organizational psychology, business ethics and business law
  • Management functions in SME
  • Credit and insurance institutions

Since it is largely based on online learning, the program allows professionals to obtain a Master’s degree in only four semesters. The time required to complete the program is no more than 20 to 25 hours per week. The program consists of two mandatory online classes per week and eight face-to-face sessions on the MCI campus in Innsbruck per semester. The rest of the course consists in preparation time and individual follow-ups. In addition, independent learning, group assignments and projects are a vital part of the program.

 time model

Learning Goals

In order to ensure the transfer of learning and to enable students to develop relevant competencies, MCI has defined clear cross-curricular learning goals. These describe, in detail, the knowledge and skills acquired by our graduates on completion of their studies at MCI.

Our graduates are effective communicators in their field of work.

Our students can discuss problems, ideas, and solutions with specialists and non-specialists.

Our graduates are competent in applying scientific methods to solve practical problems.

Our students can apply relevant theories and appropriate scientific methods in their field of work.

Our students can act according to ethical principles when doing scientific work.

Learning Goal Corporate Governance & Finance

Our graduates are responsible leaders at the interface of governance and finance.

Objectives: Our students integrate concepts of governance and finance. Our students incorporate responsible behavior in leadership.

Sabine Weißbriacher

In addition to a comprehensive education in business administration I also acquired a new understanding of e-learning and a variety of online tools. Since my Bachelor’s studies were such a positive experience, I am now looking forward to getting started on the Master’s degree course in Corporate Governance & Finance.

Sabine Weißbriacher

Florian Seidner

The blended learning concept employed by MCI was essential for me to be able to combine my work with study. The intelligent mix of webinars, on-campus classes and personal interaction with fellow students and teachers enabled me to complete my studies successfully.

Florian Seidner

eCampus

MCI eCampus offers online study with a high level of autonomy in time and place. Students can download the teaching and learning materials from eCampus and work on them when and where it suits them. They work autonomously in time and place but are always in contact with faculty, fellow students and the MCI’s support services.

Through the personal customized learning environment on MCI eCampus, students receive the latest updates, e-mails, and all the information which are necessary to concentrate fully on the studies. Exercises and tests to check the personal progress, plus learning forums and moderated chats, further facilitate the online study process.

The technical requirements for study using MCI eCampus are as follows

  • PC / Laptop (latest standard)
  • Broadband Internet
  • Microphone and loudspeaker (headset)
  • Webcam
  • Printer

Software

  • MS Office / Open Office
  • Modern Web browser
  • (Free) software as announced at the start of the program
Blended Learning

The online study program follows a blended learning concept combining asynchronous study with synchronous study modes and mandatory face-to-face seminars (up to 8 days per semester). These mandatory residential seminars are held on the MCI campus in Innsbruck and usually take two consecutive days.

After Studying

Graduates of the program are conferred the academic title of Master of Arts in Business, in short MA or M.A. This is attested by a leaving certificate, the Master diploma, the international diploma supplement, and further documents where relevant. MCI Alumni are entitled to combine their academic degree with the brand “MCI” to provide trust and orientation in an increasingly intransparent international education market. Example: BSc (MCI).
Source: GZ BMWF-52.330/0195-I/6/2013

Questions and Answers

Yes, it is possible and it is even recommended that you apply before obtaining your Bachelor’s Degree certificate in order to secure one of the limited places in your desired study program. Please include the most recent transcript of records in your application. Should your application be successful, the Bachelor’s certificate is to be submitted by the start of your studies.

Multiple applications are welcome as long as a plausible reason is provided in your cover letter. If you are admitted to two or more study programs, you are required to inform us of your final decision by the conclusion of the application procedures.

The written entrance examination is held online and consists of several parts (English, mathematics, and business administration). You may choose to complete the test at any time between 00:01 and 23:59 on the examination day. All relevant information and access data will be communicated to you per e-mail in due time. At what time and in what sequence you complete each of the test parts is completely up to you. You are, however, required to complete all test parts on the date specified. Otherwise, the exam cannot be considered as completed, which will result in your exclusion from the admission procedure.

Visit the homepage of our department where, in the Admissions section, you can find relevant preparation materials for the written entrance examination. Once we have received your application, you will receive relevant information including tips and advice on how to prepare for the exam.

In each application round, places are allocated on a rolling basis. Therefore, we recommend that you apply early. Applicants who achieve an above-average performance in the application procedure are admitted immediately after assessment of their results, i.e. within 14 days of the completion of the exam. All other applicants will be put on a waiting list until the end of the application period. Should one of the applicants admitted not accept the study place offered to him or her, the applicant highest on the waiting list will be offered their place, and so on. This opportunity will remain until the commencement of the respective semester.

For citizens of the following countries, the tuition fee is 363 euros per semester plus a fee for compulsory membership to the Austrian National Union of Students:

  • EU citizens,
  • EEA and Swiss citizens, and
  • non-EU citizens who, according to § 2 of the University of Applied Sciences Studies Act, are subject to § 1 of the Regulation on Eligible Groups of Persons (see Federal Law Gazette II No. 340/2013, in its current version).

For students of non-EU countries not considered eligible according to above regulations, the tuition fee is as follows:

  • Bachelor’s courses: 5,000 euros / semester plus compulsory Austrian National Union of Students membership fee
  • Master’s courses: 7,000 euros / semester plus compulsory Austrian National Union of Students membership fee

Your application documents regarding nationality will be assessed in detail as part of your admission procedure. Scholarships are available for applicants from non-EU countries and can be applied for as part of your online application.

There are two types of classes, online and on-campus classes, both of which are mandatory. There are two online lessons each week, usually taking place on the same evenings throughout the semester. The days on which evening classes are to be attended will be communicated to you in due time to facilitate planning. On-campus classes are usually held in condensed form, extending over two consecutive days. The course includes up to eight days of on-campus attendance each semester.

Yes, regular attendance at both online and on-campus classes is mandatory for all students. Up to 25 percent of unexcused absence is permissible. Absence of an additional 25 percent of a course is accepted if a valid (e.g. health or work) reason is given. Any absence from a course must be communicated to your department or lecturer beforehand.

The semester schedule including all dates for both the online and on-campus classes will be communicated to you in due time prior to the commencement of the respective semester (typically by the end of August for the winter semester, and by the end of January for summer semester)

A full or partial recognition of qualifications, where relevance to the degree has been established, can be granted upon admission to the respective program. This concerns qualifications gained as part of a degree program at a national or international university, university of applied sciences or other post-secondary institution and educational establishment, or as part of other courses of study. Relevant proof is required. The recognition of qualifications merely exempts the student from his or her responsibility to attend a respective course. However, the sitting of the final exam of the course is required.

In order to be recognized, previous qualifications have to correspond to the content and scope of a specific course in the Master’s Degree course in Corporate Governance & Finance. The recognition of qualifications is based on certificates of the previously completed degree, training, or seminar, providing proof of the correspondence with a course offered by the respective MCI department; confirmation of participation alone is not sufficient. Qualifications more than five years old will not be considered for recognition.

Students in an online course usually have class between 6:30pm and 9pm on two specific evenings every week.

All online classes are facilitated through the web conferencing software Adobe® Connect™. Access is secured via a link provided to you. To ensure an optimal system functionality, it is highly recommended that you use the Firefox Web Browser. Additional software is not required.

The majority of the study material and literature required for a course is made available for download on the respective SAKAI study platform course page.

Examinations for online study programs can be organized in a variety of ways. Written tests and presentations are usually scheduled for the last day of an on-campus session at MCI. Further assessment, such as in the form of a written paper, projects in video or audio format, group and forum discussions, takes place as part of the respective course. Relevant assignments are to be submitted by the given deadline date.

We would certainly recommend you inform your employer. This is because:

  • on-campus sessions may require you to take several days off work, for which you will need your employer’s assent
  • during your studies at MCI, we may ask you to provide relevant documents or confirmations relating to your work, such as when you are unable to attend class due to work obligations.

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