International Business & Law | Master


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 Application Deadline: November 13, 2022

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Short Facts
  • Time model: Full-time ("job-friendly") | English
  • Duration of study: 4 semesters | 120 ECTS
  • Optional double degree from partner universities in Great Britain, Italy, France & Taiwan as well as from the MCI Executive Education
  • Prerequisites: Bachelor or equivalent degree in business or legal studies or studies comprising a prescribed level of relevant ECTS credits
  • Academic Degree: Master of Arts in Business | MA or M.A.
  • Tuition fee: EUR 363,36 / semester plus membership fee for the Austrian Students’ Union (ÖH) for EU and EEA citizens
  • Please contact us for more information on study places for fall 2022 that may become available on short notice.

Before studying

Do you consider business know-how and legal expertise as essential components of a successful career? Do you see digital transformation, diversity and sustainability as key components of a new way of doing business? Do you aspire to an international career with responsibility and want to address the needs of a new generation specifically? Then apply now for the new English master degree program International Business & Law and take advantage of the opportunity to enhance your international employability.

Overview

Lecturer and student checking some documents

Case studies, integrative project assignments, and cross-disciplinary projects form an integral part of the program and provide students with excellent career prospects on the international labor market.

UNIQUE COMBINATION

Learn to use legal opportunities when pursuing a career in international business. The unique combination of international business administration and European business law are at the forefront of this English-language master degree program. Special focus is given to innovative concepts of management, digitalization, sustainability and diversity. In this way, we prepare you for the ever-increasing number of professional fields, which require not only economic, but also legal competencies.

HIGH QUALITY SPECIALIZATIONS

The first year of study provides a solid foundation in the key areas of international management, European business law and digital transformation. The two specializations "HR, Leadership & Diversity" and "Strategic Management & Sustainability" are at the fore of the second year of study. Students additionally have the opportunity to replace one of the two specializations with an individually chosen focal area from another degree program. This allows the IB&L master degree program to be tailored to individual career goals and current job offers in the best possible way.

INTERNATIONALITY

Stays abroad represent an additional opportunity for all students to experience diversity, expand networks, and enrich their CVs. The Study Tour in the third semester enables all students to establish valuable contacts with internationally and/or globally operating companies, regardless of the option of a semester abroad at one of our numerous partner universities. Those students who successfully apply for a double-degree also have the unique opportunity to earn an additional international degree in the UK, Italy, France or Taiwan.

 

Contact
Prof. Dr. Ralf Geymayer | Head of Department & Studies Bachelor's program Management & Law
Prof. Dr. Ralf Geymayer Head of Department & Studies

If you have any questions about the study program, please contact us.

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 13, Nov 2022 24, Nov 2022 29, Nov 2022
Date 2 29, Jan 2023 09, Feb 2023 14, Feb 2023
Date 3 26, Mar 2023 06, Apr 2023 13, Apr 2023
Date 4 28, May 2023 07, Jun 2023  13, Jun 2023

The program accepts:

Graduates of relevant Bachelor programs. For example: Management & Law, Business Law, Law & Economics, Economics, Business Administration, International Business Administration.
Graduates of other Bachelor or post-secondary programs comprising business and /or legal-related courses (e.g. Marketing, Controlling, Accounting, Project Management, Business Law, etc.) totaling at least 45 ECTS credits.

Information for graduates whose previous degree is based to a significant extent on formally acknowledged recognition of prior learning:
In this case it may be possible that the legal and/or degree specific admission requirements are not or only partly fulfilled. Please consider the relevant legal regulations for this instance (§ 4 Abs 4 iVm § 12 FHG). We will gladly provide further information and consultation via email or phone (admissions@mci.edu; Ext. 1621).

Recognition of previous qualifications in the master program:
Applications for recognition of examinations or credits obtained through other study programs or previous scientific experience must be submitted to the Head of Department & Studies. A decision will only be taken in cases where the application for admission has been approved and accepted. Recognition of credits or previous experience is only granted for individual classes in the program.

The places available will be allocated on the basis of the following criteria:

Career background - 30%
The applicant’s professional background is considered on the basis of submitted application materials. Particular attention is paid to:

  • Education and certificates
  • Academic and professional goals
  • Professional experience

Written entrance exam - 30%
The written entrance exam tests the applicant’s knowledge in English, Law and Business Studies.
Applicants with the following scores of English certificates are not required to take the English exam (date of issue: no longer than 2 years ago at time of application):

  • TOEFL score at a minimum of 90 internet-based, 240 computer-based or 580 paper-based
  • Cambridge Business English Certificate (BEC) Higher, minimum grade B in all 4 skills
  • Cambridge Certificate in Advanced English, minimum grade B
  • IELTS, minimum level B and score 7.0 in the academic module

Interview - 40%
The interview is conducted by a commission and gives applicants the opportunity to present themselves personally, to expand on information provided in the application materials, and to explain their academic and professional goals. The interview is held in English.

Applicants are informed as soon as possible regarding their admission. Applicants who are not admitted due to the limited number of places are put on a waiting list and can – if they are still interested – be admitted if a place becomes available.

Student selecting a book from a shelf in the library

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.

International Business & Law

The full-time study program is organized in such a way as to make it possible for students to pursue a professional career parallel to their studies and to have the freedom to take care of family responsibilities. The third semester may be completed anywhere in the world at one of MCI’s many partner institutions. This international experience not only broadens the students’ horizons, but also provides them a glimpse of international markets and the opportunity to establish valuable contacts. Moreover, it helps them to hone their cultural, social, as well as linguistic skills. This international focus runs like a thread through the program, which is expressed not least by the numerous lecturers from the international business and university landscape.

Facts

Time model
Full-time study program with job & family friendly time model
Courses on campus from Friday to Saturday (in exceptional cases on Thursday)
+ One online session during the week in the evening hours

Language
English
Academic year
September – February
February – Mid July
Structure
First year: Core studies
Second year: Specializations, Study Tour, international study options and master thesis
Tuition fees
For students from EU & EEA countries: EUR 363,36 / semester plus membership fee to the Austrian Student Union (ÖH). Details & information for students from third countries can be found at admission.

Module Overview

Module Overview

YEAR ONE

The first year of study provides students with a comprehensive foundation in understanding the economic activities and behavior of humans in organizations (HU*MAN). Based on relevant scientific findings, practice-relevant content is discussed on the topics of digitalization (MACHINES), access to and the functioning of markets (MARKETS), scientific research methods (METHOD), strategic management and international corporate governance (MANAGEMENT), international finance and accounting (MONEY), as well as essential legal issues (MAXIMS & MOTIONS).

 

Humans and their behavior are at the center of interest in the social sciences. In this program, the focus of interest is also on people - the development of their competencies, the understanding of their behavior in organizations and their entrepreneurial, and other, economic activities.

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Competencies & Cooperation  3 | 4      
Entrepreneurial & Economic Activity   3 | 4     


Semester Credit Units| ECTS-Credits

To successfully meet the challenges of today's economy, we need to understand the digital transformation of traditional business models. Here, we look at how the legal requirements that arise in an increasingly digital economy can be successfully managed.

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Digital Transformation 3 | 4      
Digital Business Law    3 | 4    

 


Semester Credit Units| ECTS-Credits

From an economic standpoint, we look at global markets and also discuss access to them from a marketing perspective. In particular, we analyze recent developments such as the increasing role of AI and e-commerce, which are increasingly influencing or even replacing classic market transactions.

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Global Economics & Markets  3 | 4      
Digital Marketing    3 | 4     


Semester Credit Units| ECTS-Credits

A scientific study requires precision in the use of research methods. This is supported by means of offering courses on the subject throughout your studies. This provides you the opportunity to continuously expand your competencies in this field and to complete your studies with a methodologically profound master thesis.

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Academic Writing
 3 | 4      
Research Methodology    3 | 4    
Theories, Research & Practice      3 | 4  
Master Thesis       | 22 

 


Semester Credit Units| ECTS-Credits

Achieving economic goals usually requires coordination and control, which we commonly refer to as management activities. During your studies, you will learn about international and strategic management, as well as tools for planning, coordinating and controlling economic activities.

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International Management & Strategies 3 | 4      
Management & Strategy Simulation   3 | 4    


Semester Credit Units| ECTS-Credits

In order to finance economic activities and to be able to account for the use of our financial resources, the topics of accounting, financing and tax law are approached from an international perspective.

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International Finance  3 | 4      
International Accounting    3 | 4     

 


Semester Credit Units| ECTS-Credits

Maxims & Motions refer to established legal principles and their enforcement. You will gain extensive legal knowledge and skills that will help you to better navigate your business through a sea of legal challenges.

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Single European Market Law 3 | 4      
Private Law & Enforcement 3 | 4      
Company & Competition Law   3 | 4    
Intellectual Property & Product Liability   3 | 4    


Semester Credit Units| ECTS-Credits

YEAR TWO

In the second year of study, you have the opportunity to specialize in the two main subject areas "Human Resources, Leadership & Diversity" and "Strategic Management & Sustainability". Our recommended study configuration provides you the opportunity to complete both specializations, to choose one of them as your major and base your Master's thesis upon it. Furthermore, you have the option to exchange one specialization with a topic in selected parallel programs (subject to availability). Such examples are "Digital Business", Innovation & Sustainability", "Marketing Management" and "Financial Management".

 

The core contents of this specialization are International Human Resource Management, European Labor Markets, Law & Anti-Discrimination, as well as Ethics and Diversity in an increasingly digital business environment. In the final semester, we make the connection to your future career with content on international leadership and the behavior of people in modern organizations.

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Ethics & Diversity     3 | 4   
International Human Resource Management     3 | 4  
European Labour Law & Non-Discrimination     1,5 | 2   
New Leadership & Organizational Behaviour        3 | 4


Semester Credit Units| ECTS-Credits

In this specialization, we examine the link between strategic management and sustainability, learn to better understand economic sustainability, and discuss various forms of corporate cooperation or combination, while focusing on mergers & acquisitions and their legal requirements. In the final semester, we additionally delve into the topic of compliance and governance.

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Advanced Strategic Management & Sustainability     3 | 4   
Sustainability & Society     3 | 4  
Organizational Transformation     1,5 | 2   
Compliance & Governance        3 | 4


Semester Credit Units| ECTS-Credits

The module "General Management Experience", which is offered to all students, provides  you the opportunity for a practical exchange and experience on an international level. A study tour abroad, which takes place at the end of the 3rd semester, provides the opportunity to establish a network first hand with leading international employers such as Google, Salesforce or Microsoft.

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General Management Experience     4,5 | 6   


Semester Credit Units| ECTS-Credits

*Depending on your choice, one of these two specializations will be your major subject, which means that your master thesis topic, your contributions to the research seminar and the theories you work with, will strongly focus on the specialization you choose. In addition to the two specializations, we also allow external electives providing you an opportunity to compile a master degree, fully tailored to your individual interests and career needs. For example, you can choose from the following four specializations from other study programs at MCI: Digital Business, Marketing Management, Innovation & Sustainability and Financial Management. As we do not deliver the external modules ourselves, please bear in mind that differing schedules or specific access requirements may apply.

Lectures are usually held from Friday to Saturday afternoon (in exceptional cases lectures take place on Thursday). In addition, one online session is scheduled during the week in the evenings.

Students have the chance to gain an additional academic degree at one of the following partner universities:

  • Edinburgh Napier University (GB; Master of Science, M.Sc.)
  • Kingston University London (GB; Master of Laws, LL.M.)
  • Università Carlo Cattaneo - LIUC (IT; Laurea Magistrale, Dott. mag.)
  • NEOMA Business School (FR; Master in Management, MiM)
  • National Kaohsiung University of Science and Technology (TW; International Master of Business Administration, MBA)

In addition, the Master's programme International Business & Law offers another double degree in cooperation with MCI Executive Education.

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

Cooperation & Career Partners (Selection)

 

  • Dell
  • European Academy of Management
  • LinkedIn
  • Luis Trenker ( Luis T. GmbH/ s. r. l.)
  • Mondelez
  • Oracle
  • Porsche Holding Gesellschaft m. b. H.
  • Vmware

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.

Three stylized persons in white on a blue circle, arrows between the persons symbolize efficient communication in the professional field

Our graduates are effective communicators in their field of work.

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

Three white gears on a blue circle symbolize the ability to apply theories and scientific methods to practical problems

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.

Anne Hacker; Finance Lead ReCommerce, Zalando SE; Alumni International Business & Law

To study at the MCI was one of my best decisions – not only because of the most stunning views of the surrounding mountains but also because of the lifelong friendships, good organization and the great network of lecturers. For my current position, I still profit from the “beyond your own nose” approach I was taught at the MCI along with the multicultural experience I gained there.

Anne Hacker; Finance Lead ReCommerce, Zalando SE; Alumni International Business & Law

Carolin Proft; Key Account Managerin, Swarm Analytics GmbH; Alumni International Business & Law

From Innsbruck, via Brussels, to Berlin: Equipped with a toolbox of strong problem-solving competences, excellent communication and critical thinking skills and an international legal and economic background, the MCI prepared me in a perfect way me for my career representing businesses on the political stage. Studying at the top – with the top – leaves me today with a sustainable business network, deep friendships, and memories of the best view of the mountains you can ever have.

Carolin Proft; Key Account Managerin, Swarm Analytics GmbH; Alumni International Business & Law

Dominick Huber; Tax & Legal Associate, Airbnb Dublin; Alumni International Business & Law

The time I spent at the MCI was a truly transformative experience, which gave me an excellent foundation to build upon when entering the workforce. I enjoyed how the program balanced theory and practice and that my classmates came from all over the world, which led to very interesting discussions. As a bonus, the views of the snow-capped Alps from the MCI classrooms are spectacular.

Dominick Huber; Tax & Legal Associate, Airbnb Dublin; Alumni International Business & Law

Amina Abl; Specialist Learning & Transformation, thyssenkrupp Presta AG; Alumni International Business & Law

Studying at the MCI not only challenges you; it changes you. Looking back at my time studying, it was an incredibly enriching and exciting journey, which I shared with great colleagues from all over the world and with inspiring lecturers coming from a variety of industries and in a university mindset that is incomparable with any other. The MCI not only opens some doors for your career pathway, but rather many, and it equips you with every tool needed for all the great opportunities that await you beyond your studies.

Amina Abl; Specialist Learning & Transformation, thyssenkrupp Presta AG; Alumni International Business & Law

Maximilian Seemüller; Consultant M&A, Deloitte Consulting GmbH; Alumni International Business & Law

Motivated students and teachers providing profound business insights was the best combination to develop a successful mind-set. Adding small and interactive classes, paired with a semester abroad in the US, I can say that the MCI prepared me in the best possible way for my current career.

Maximilian Seemüller; Consultant M&A, Deloitte Consulting GmbH; Alumni International Business & Law

Univ.- Prof. Dr. Florian Bauer; Professor in Strategy, Entrepreneurship & Innovation at Lancaster University Management School; External Lecturer International Business & Law

In my position as a professor at Lancaster University Management School and external lecturer at MCI, I am particularly interested in the close interaction of research, practice and teaching. This is crucial to enable students to abstract, understand and ultimately solve practical problems.

Univ.- Prof. Dr. Florian Bauer; Professor in Strategy, Entrepreneurship & Innovation at Lancaster University Management School; External Lecturer International Business & Law

Mag. Elgar Schnegg MBA; Managing Director Austria at Teva ratiopharm; External Lecturer International Business & Law

Being a managing director for our Austrian organization of a multinational company, I am looking at our marketing and branding strategy in strong alignment with the overall company strategy, addressing various stakeholder expectations as well as embedding this strategy into the international strategy of our worldwide organization. This is the mindset and the excitement I am trying to convey to my students thus giving them a valuable tool set for any future career in marketing and branding with intercultural aspects.

Mag. Elgar Schnegg MBA; Managing Director Austria at Teva ratiopharm; External Lecturer International Business & Law

Research & Development

At the Entrepreneurial School®, providing a consistent link between science and practice has top priority. Therefore, we provide our students plenty of opportunity to put their newly acquired knowledge to practice, even during their studies. The collaboration with companies and organizations of different sizes and sectors forms one of the cornerstones of the MCI concept. Such cooperative work does not only benefit our students, but also, ­to a large extent our partners.

Active involvement in R & D projects forms an integral part of the study program. This enables students – while still at university – to develop solutions for the future while building up contacts with companies from a variety of sectors.

Focus of research:

  • Strategy, Mergers & Acquisitions
  • European Union (Business) Law & Ethics
  • Digital Law & Ethics
  • Effects of Asymmetric Information
SMA Research Lab

The main idea of SMA Research Lab is to gain a deeper understanding of the Strategy, Mergers & Acquisition phenomenon. Thus, SMA Research Lab tries to deliver a high-class contribution to the scientific community with publications, conferences and speeches. In these research activities “top students” from MCI Management Center Innsbruck, Innsbruck University and other partner institutions, are challenged and developed.

 

EU VALUES & DIGITALIZATION

Named after the founding father of the EU, in 2019 the European Commission established a Jean Monnet Chair on EU values and digitalization at MCI (this Chair succeeds the Chair on Ethics established in 2016). In teaching and research, this chair deals with current issues at the interface of EU law, EU values and ethics. In addition, it undertakes numerous activities such as lectures at international conferences and schools. Information on the comprehensive activities can be found at  https://jeanmonnet.mci.edu 

 

After studying

Studying at MCI is an investment in a successful future. Through close cooperation with industry and the practical orientation of all courses, MCI graduates are in particularly high demand on the job market and have several job offers even before graduation

Professional Opportunities

  • Tax Advisory and Auditing, Business Consultancy
  • Banking & Finance
  • Marketing & Account Management
  • Strategy & Leadership
  • Human Resources
  • Business Law
  • Research & Higher Education
  • Supply Chain & Process Management
  • Public Administration & Interest Groups

MCI Alumni & Friends

MCI Alumni & Friends provides a dynamic service platform promoting contacts, image, professional careers, and personal development of MCI and its graduates. We are delighted with all the graduates who choose to stay in touch even long after completion of their studies, and allowing us to be a part of their various careers:

Success Stories

This could also be interesting for you

A number of applicants interested in this degree program have also expressed interest in the following master's program.

It is possible to apply for more than one degree program at the same time if you present your motives in a meaningful explanation.

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 course of study. 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.

Students of this study program have the choice within their curriculum, but also as part of their extracurricular activities, to choose between modules, specializations, additional courses, electives, etc. Additionally, the semester abroad at one of our numerous partner universities as well as projects and final papers, enable our students to make their study program a truly unique experience.    

 

The entrance examination is based online and can, therefore, also be completed from abroad. You can choose for the panel interview to be conducted online via Skype or on the MCI campus.

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.

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: 6,250 euros / semester plus compulsory Austrian National Union of Students membership fee
  • Master’s courses: 7,500 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.

Attendance is mandatory in all classes. If you miss 25% of a course or more, this will have an effect on your final grade.

Exemption from mandatory attendance may be granted if a valid reason is given (e.g. sickness, visit to authorities or other personal reasons). Please submit your written request including relevant proof to the department for approval.

The part-time (or job-friendly) model of organization, to a certain degree, enables students to work and gain practical experience while they study.

Lectures and seminars in full-time courses are held on weekdays. To facilitate a more intense discussion of individual topics, some lessons may also be organized in blocks.

Classes in the International Business & Law program usually take place between Wednesday noon and Saturday afternoon. Each day of class comprises up to eight teaching units. In exceptional cases, class times may vary: courses and/or examinations may also be scheduled outside these times.

IBL VL Zeiten

The Master degree allows students to select one of the following Elective Modules: Digital Business (courses Digital Business Law and Digital Management) or International Human Resource Management (courses International Personnel Management, International and European Labor Law, International Leadership). Moreover, the exchange semester offers a further possibility for individualizing the curriculum. The Master Thesis is a perfect opportunity to deepen previous qualifications in a certain area.