Master 1 subject

Management and Economics, Master 1 subject

  • What kind of goods should enterprises manufacture and what should the selling price be?
  • How does one coordinate team work among thousands of employees in large corporations?
  • Which kind of data do executive staff require to identify and solve problems?
  • Which are the advantages and hazards of globalisation?
  • How can successful commercial operations be reconciled with environmental protection?
Janina Knappstein

Our professors know how to communicate a rather dry subject manner in an entertaining manner and with plenty of practical examples.

– Janina Knappstein, Master's degree
Full interview

Profile
Degree
Master of Science
Start
Winter- and summer semester
Duration
4 semesters
Classroom language
German, English
Admission
Restricted
Information on enrollment/application for German applicants

Information on enrollment/application for German applicants

Get information now
Application information for international applicants

Application information for international applicants

Get information now
What's it all about?
This degree programme is unique, because ...
it provides an understanding of both political economics and business management as well as of substantial methodological competencies.
It provides the opportunity to specialise in the following fields ...
  • Taxes/Auditing
  • Environmental economics
  • Marketing/sales
  • Development economics
Course schedule
Module handbook
Who is suited?
Those who wish to enrol in this degree programme,
have:
  • Bachelor's degree in an economics-related field
  • excellent English-language skills

enjoy:

  • dealing with economic issues, from car export to the organisation of the tax system

struggle through:

  • mathematic and statistical principles of the modern economy
This degree programme is suited for graduates in the following subjects
  • Management and Economics, B.Sc.
  • Economics
  • equivalent degree courses
Graduates from this degree programme frequently work
  • as tax accountant/auditor
  • as corporate consultant
  • as political consultant
  • as economic researcher
And else?
An internship ...

is optional.

Studying abroad ... can be covered voluntarily.
Where do I find help?
Academic advisory office

Kim Kim Docter & Michèle Teufel
Building, Room: GD 03/ 229
Phone: +49 (0)234 / 32-22762/ 22687
Email:
Website academic advisory office

Contact students

Fachschaft Wirtschaftswissenschaft
Building, Room: GD 03/165
Phone: +49 (0)234 / 32-27854
Email:
Website Fachschaft

Internet

Degree programmes' website

Alexander Müller

The RUB provides subject-specific training at a very high level; I was able to implement the acquired knowledge during my internships.

– Alexander Müller, Bachelor's degree
Full interview

Other degree programs in the subject

Bachelor 1 subject
Janina Knappstein
Janina Knappstein is a second-year student of Management. She is pursuing the Master of Science degree. She already holds the Bachelor of Science degree in Management and Economics.

What made you choose this degree programme?

I have been interested in economic issues from a very early age on. Numbers and their significance in particular as well as the economic control of enterprises have always fascinated me. Consequently, studying Management and Economics was the logical choice.  

In which respect have or haven’t your expectations been fulfilled?

By studying Management and Economics, I have gained an insight into the individual commercial units that make up an enterprise. Some of the subjects are unfortunately very abstract and lacking in practical relevance so that you have to grit your teeth and struggle through, especially whilst studying the basic principles in your Bachelor’s degree programme. In the subsequent profile-shaping phase and the Master’s degree programme in its entirety, however, it is up to you to compile your own schedule. Thus, you have the chance to specialise in the field that you enjoy most and that contributes to furthering your future career. For me, that “freedom” has been the reason why I chose to study and to remain at the Ruhr-Universität Bochum.

Which aspect of your degree programme do you enjoy most?

I enjoy visiting companies and participating in lectures with actual practitioners best, where I get an insight into the production processes and mechanics of different enterprises. Lectures relating to accounting and finance are likewise very interesting, mainly thanks to the professors who know how to communicate a rather dry subject manner in an entertaining accessible manner and with plenty of practical examples.

What has been your biggest challenge to date?

My biggest challenge so far has been my bachelor thesis. It took a lot of time and effort to write such a thesis, trying to bring in new scientific input. You learn a lot during this time, though, and your commitment gets rewarded in the end. 

What would you like to become after completing your degree?

My degree course paves the way for me to work in different corporate segments. I would like to work in the accounting, mergers & acquisitions or controlling departments of a large organisation. 

Which advice would you like to give to students who consider enrolling in this degree programme?

Hang in there! A university degree always goes hand in hand with self-reliance: from setting up your own schedule to preparing for exams – you’ve got to organise everything yourself. There is no-one who forces you to do something. You’ve got to want to do it and actually do it.

Alexander Müller
Alexander Müller is a second-year student of Management and Economics. He is pursuing the Bachelor of Science degree.

What made you choose this degree programme?

After finishing training as a banker, I wanted to further deepen my expertise.

In which respect have or haven’t your expectations been fulfilled?

The RUB provides subject-specific training at a very high level; I was able to implement the acquired knowledge during my internships with good results. All-rounders are offered a huge number of options – my expectations have not been met insofar as I don’t see enough options to specialise. But that’s what the master’s degree is for!

Which aspect of your degree programme do you enjoy most?

The time I spent with my fellow students, “finance and accounting” and the GC-Mania, of course [party organised by Management and Economics students that takes place once per semester]!

What has been your biggest challenge to date?

The exam phases, no question about that! I would like to take the opportunity to apologise to my friends who never get to see me during those phases (laughs)!

What would you like to become after completing your degree?

Many doors are open to Management and Economics graduates. I can picture myself working in the area of mergers & acquisitions.

Which advice would you like to give to students who consider enrolling in this degree programme?

Check out various study programmes offered at different universities. Imagine you’ll come to a university where it’s impossible for you to immerse yourself in those subjects that you’re interested in. It takes time to find the university that suits you, but show some stamina and you will master that challenge. My other advice is to not leave revision until exams are upon you, as this will not suffice to pass them. Hang in there and give it your all! Once you’ve successfully completed the basic phase, you are given the opportunity to set up your own schedule – you are 100% free to choose the subjects you want, thus deepening your knowledge in those fields that interest you. Good luck!