Global Strategic Decision Making

The professional fields of activity after completing the specialisation Global Strategic Decision Making of the Master’s programme in Global Strategic Management cover the entire spectrum of business or entrepreneurial activities in an international context. In principle, all branches and business sectors are possible fields of future employment for our graduates. Graduates who have completed the focus area “Global Strategic Decision Making” are especially trained for positions such as “Management Assistant”, “Controller” or “Analyst”.

Provided specialist knowledge, competencies, and skills:

In the specialisation Global Strategic Decision Making of the Master’s programme in Global Strategic Management, the following is concretely provided:

Expertise

• Understanding of strategic decision-making processes, business intelligence, business analytics, and mergers / acquisitions − in a global context
• Understanding of international management, business development, and innovation management
• Understanding of business ethics and compliance structures in a global business environment
• Understanding of global markets including their historical and current developments
• Understanding of economic framework conditions, global trade, and functions of a state
• Understanding of important international and transnational legal frameworks
• Understanding of the fundamentals in corporate accounting and controlling
• Understanding of business IT and technological fundamentals
• Understanding of marketing, sales, and pricing strategies
• Understanding of fundamentals in international financial management
• Understanding of the characteristics of the international financial environment and corporate finance
• Understanding of social science research methods and statistics

Skills and competencies

• Knowldege of the most important tools used in strategic decision-making processes, techniques in the area of business intelligence or business analytics as well as process knowledge in connection with M&A processes
• Holistic analysis and assessment of entrepreneurial issues as well as the multidisciplinary application of business tools, concepts, and techniques in the global business environment
• Confident use of the English language in a business context
• Awareness of intercultural communication and collaboration
• Confident operation of the most important programmes in the context of business informatics

Finally, scientific work is also an essential part of this master’s degree since the students have to write a master’s thesis in the last semester of their studies. The students will be specifically prepared for this throughout their studies. During this, the following interdisciplinary qualifications, which are relevant both for the professional fields of activity as well as for a doctoral degree that may follow, are provided:

• Skills for a critical assessment of studies, investigations, publications, statistics, and other representations
• Ability to think logically in a structured and inferential manner
• Ability to apply statistical methods in a targeted manner, with the help of relevant statistical software
• Ability to write scientific texts according to international standards