- Autumn and spring semesters
- Three and a half years
- Restricted admission
- Semester fee
The undergraduate course in Business Administration prepares students for careers in business and administrative roles that require knowledge of economics, business skills as well as the methods used. Graduates can provide support for company management in various business functions, and after gaining enough experience, can assume managerial roles themselves or become self-employed.
About the Course
The undergraduate course is application oriented, and it both conveys a generalist knowledge of economics and allows students to acquire sufficient specialization.
In the first two years students receive a solid foundation in the principles of economics as well as relevant related fields such as law and computer science. In the specialization phase starting at the end of year two, students can select either two specialization areas having four modules each or one specialization and four optional modules. There are a total of eight specialization areas that allow students to prepare for targeted careers or industries: Controlling, Digital Business, Financial Services, International Management, Marketing, Medium-sized Businesses, Human Resources and Tax Consulting and Auditing.
The bachelor's degree in Business Administration is an internationally recognized undergraduate course. A large number of students spend either a study semester abroad at one of our partner universities or their internship semester abroad.
At the end of year three students complete a 20-week work placement, and then submit a final thesis at the end of the course.
You can find the complete curriculum in the course description on the corresponding German page or in the course guidelines. Module descriptions are provided in the module catalogue.
Before the beginning of the semester THM offers one-week preparatory courses in subjects like Chemistry, Mathematics, Physics and Programming for new students who would like to brush up on their previous knowledge and fill in the gaps. A fee is charged for preparatory courses and students must register to take them.
Controlling supports company management in the planning, supervision and control of financial processes. In this regard there are essentially two major questions that must be answered:
- How can support be provided to management in their decision making process?
- How can support be provided to management in the supervision of implementation processes and the people involved?
To answer these questions Controlling makes use of diverse information, both from internal accounting and investment and financial accounting. The Controlling specialization topic imparts a broad spectrum of specialized knowledge, which has a practical orientation and is theoretically well founded. Students learn how to develop controlling instruments used at the real-life operational level and how to match these to each other so that the decisions and actions of all employees involved are aligned in the best possible way with a long-term increase in the value of the company and all existing uncertainties are considered.
Students acquire an overview of the essential technologies, systems, applications and concepts used in information technology (IT) as well as a comprehensive understanding of their application in business and the relevant effects on organizations, processes and abilities. In particular they are familiar with the principles and mechanisms of digital business and thus able to provide practical support to companies along the entire chain from the acquisition of data to the deduction of information and generation of knowledge to the utilization, conception and implementation of innovative business models. Their broad and interdisciplinary profile of abilities qualifies them for a position at the interface of business and technology or a typical cross-section function spanning several company divisions.
Major career opportunities
Graduates await a wide variety of career perspectives and can work as specialists and especially as managing personnel or even carry out their own business startups. Career opportunities include the traditional IT functions such as business analysts, consultants, data, service and project managers as well as IT department managers and CIOs. In addition, graduates also have a wide spectrum of opportunities in digital business careers. These include shop managers in e-commerce, customer success managers of platform administrators or service providers, project managers in the digitalization field or digital transformation, CDOs and startup founders.
The structure of the Financial Services specialization including the subjects and lectures were developed by professors of the Business Administration department in close cooperation with representatives from banks, insurance companies and other financial service providers, allowing this specialization to be matched in the best possible way with real-life requirements.
The aim of this specialization is to provide an integrated approach to education encompassing various areas related to the management of financial services companies as well as questions related to corporate financing and money markets. For this reason this specialization topic can be regarded as a kind of "cross-section specialization" in which various functions in general business administration related to the specifics of the financial services industry as well as special finance specific techniques and methods are used.
Students opting for this specialization deal with the basic parameters of and the opportunities involved in working at an international organization. They are shown how various company functions should be organized and designed in an international context. Examples of the practical knowledge students acquire include the following:
1. Drives and effects of globalization
2. Political and cultural differences between various countries
3. Ethical topics, sustainability and social responsibility
4. Trade, investments and currency fluctuations
5. Strategies implemented to maintain competitive ability
Lectures are supplemented by innovative teaching methods such as video analyses, the use of web-based tools, case studies and presentations given by business professionals.
Lectures in this specialization are held in English and a study year (two semesters) abroad is required.
Students learn to grasp Marketing as a unified management process spanning all industries. They acquire specialized knowledge allowing them to analyse markets, question purchasing decisions, develop marketing strategies, plan the implementation of marketing instruments and monitor target achievement. In this regard a great deal of emphasis is placed on the empirical work of applied market research. In seminars and case-study projects students develop an ability to work in teams, argue their own positions and present their ideas.
The local economy is characterized by the presence of numerous medium-sized businesses. Students who select this specialization are imparted with the knowledge they need to meet the special requirements of qualified employees at medium-sized companies. Accordingly, the most important goals of this specialization are the following:
- Prepare students to be generalists with a body of knowledge spanning numerous subjects and functions
- Impart knowledge to students in areas that are particularly relevant for the overall success of medium-sized businesses
- Provide a foundation for job flexibility including diverse functions
- Provide a foundation for an ability to set up one's own business or take over a business
Students acquire specialized knowledge and abilities to view holistically and apply human resources management. They become familiar with important design and management instruments for HR management such as modern compensation and appraisal systems as well as procedures for employee selection and development. In addition they learn about the special application conditions involved. Students learn the basics - in step with current practice - of topics related to labour law that are required of human resources experts so that they will be able to deal with the routine duties of the position. Course graduates know how to use the standard software for integrated business related applications.
Academic achievement is usually assessed by means of an oral presentation or a final examination. This specialization area has a modular structure, and students can take all modules as optional modules.
In the Human Resources specialization we offer:
- Career-oriented learning using case studies and current examples
- Practical laboratory sessions and group work
- Presentations given by human resource managers, personnel development managers, recruiters, etc.
Tax consulting & auditing
Taxes, financial statements and auditing are indispensable topics in business. Like private individuals, companies have to pay taxes and they make their decisions based on the effects of taxation. Year-end balances checked by auditors provide reliable information on the business situation of suppliers, customers, borrowers, holding companies and employers.
Contents of this specialization include the determination of the taxable profit and business income of an individual company, partnerships and corporations. With this foundation knowledge students learn the details of year-end audits. Current topics in the constantly changing legal framework and an independently completed term paper as a preparation for the final thesis complete the core modules of this specialization area. All of these modules are in line with the career requirements and professional examinations for tax advisors and/or chartered accountants and are taught by tax advisors and auditors having a great deal of practical experience in the field.
A wide variety of career opportunities await graduates in business administration. Graduates can find employment in large and often multinational companies and above all in small and mid-size firms. Career starts can be orientated to an interest in various market sectors or to various divisions at a particular company.
|Degree||Bachelor of Arts (B.A.)|
|Duration||Three and a half years (7 semesters)|
|Accreditation by ZEvA Hannover|
|Language of instruction||German|
|Fees||A semester fee is charged. Prospective students will be informed about the amount by the Student Affairs Office when applying for admission.|
|Subsequent postgraduate courses||International Marketing (M. A.)
Controlling (M. A.)
Human Resources Management (M. A.)
How to apply
|Admission procedure for international students||You can find out how to apply at the International Office page.|