Bachelor of Science (BSc) in Economics at Otto von Guericke University Magdeburg

Otto von Guericke University Magdeburg 6 Semesters
Gernamy Full Time
Bachelor of Science in International Business and Economics Onsite

Students seeking a first academic degree in the field of business and economic studies are welcome.

This program is taught entirely in English and provides preparation for career opportunities in the diverse fields of management, such as managerial communication, organizational behavior, international management, human resource management, banking and finance, and economics.

Students will be introduced to the basics of economics, managerial theories, and business decision making. To complement the curriculum, students receive language training on an academic level in “English for Business and Economics” and also learn German as a foreign language. The student community is very diverse, with roughly 50% of students representing more than 25 countries.

This Bachelor’s study program prepares graduates for managerial and entrepreneurial occupations within foreign or multinational companies, consultancy firms, banks and financial institutions, and international organizations. Additionally, graduates will be equipped to continue their academic careers in an economics and management Master’s program.

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Course Details:

The International Business and Economics study program consists of a sequence of required courses of economic and managerial nature.

The program comprises two parts: compulsory and compulsory elective modules. Compulsory studies take place from the first semester through the fourth semester and include the following: Micro- and Macroeconomics, Principles of Management, Financial Accounting, Statistics, Mathematical Methods, Marketing Performance Management, Financial Management, Game Theory, International Economics, Economic Policy, Introduction to Econometrics, Principles of International Management, Business Decision Analysis, English, and a second foreign language.

Students may specialize during their fifth and sixth semesters by choosing compulsory elective courses in international business and international economics, including a project seminar. A written Bachelor’s thesis and a corresponding seminar that includes a presentation will round out the undergraduate study program.

Enrollment Requirements:


To be eligible, applicants must provide a university entrance qualification that is recognized in Germany. Additionally, we require an advanced knowledge of English.

Requirements, applicants’ checklist


Teaching Language:


Costs/Tuition Fees:

Free Of Cost

Level/Field(s) of Study:

Economics & Finance

Degree Level:


Language Requirements:

Proof of advanced English skills (TOEFL, IELTS) is required. A detailed, updated list of recognized test options and minimum scores is available on the program’s homepage.

About the University/Institution:

Otto von Guericke University Magdeburg was founded in 1993 and is one of Germany’s youngest universities. It was formed by a merger of the existing technical university, the teacher training college, and the medical school. The university now comprises nine faculties and about 14,000 students and is becoming increasingly more important as a center for education and research.

It plays an important role in the regional capital of Magdeburg, which is developing into a center for business, scholarship, and culture. The university is a member of many organizations and committees. It is named after Otto von Guericke (1602-1686), Magdeburg’s famous citizen, whose pioneering research into the vacuum brought him renown well beyond Germany’s borders. The university aspires to teach and research in the tradition of this great scientist, philosopher, and engineer and to continue with his humanist work.

Application Deadline:

International applicants: 15 July for the following winter semester

Apply/Website Link:

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