Students

Business Administration

2018-2019

Business firms today operate in a rapidly changing environment, characterized by globalized markets, flexible and dynamic labour, international competition and the need to constantly evaluate and shape the market conditions in which they operate. To successfully manage the businesses of today, professionals need to understand the impact that these changes have on all levels of management. The Business Administration programmes offer a contemporary perspective on managing strategic issues, human resources, international challenges, change processes, financial matters, supply chain challenges, digital innovations, and consulting on such issues. In doing so, we train the future captains of business: knowledgeable, analytical, and responsible.

The Master’s in Business Administration contains eight specialization programmes: Digital Business and Innovation, Financial Management, Human Resource Management, International Management, Leadership and Change Management, Management Consulting, Strategy and Organization, and Transport and Supply Chain Management. Although these specialization programmes are all unique, they are part of the common Master’s programme MSc Business Administration. Thus, all specialization programmes are based on the same general programme structure, they all pay attention to both research and practical skills, and they all have a multidisciplinary focus. In addition, the HRM, IM, LCM, MC, and S&O specialization programmes have shared policies on courses, thesis, and internships, and also offer opportunities of taking each other’s courses.

Info

Level Master
Language English
Duration 1 years
Type Fulltime
Credits 60 EC
Faculty School of Business and Economics
Master Business Administration - Specialization Digital Business and Innovation
Description
Digital Business and Innovation provides thorough academic understanding
of how organizations can effectively use digital technologies to
innovate their business processes, products, services and business
models. The programme builds on the core domains of information systems
and innovation management that address the strategic value of
information systems for current business and the specific nature of
digital innovation processes. Students are challenged to develop their
own innovation idea and master the required skills and creative
confidence. In the domain of digital transformation, which concerns the
implications of digital innovations for organizations and how people
work, a mandatory course is offered on the implications of digital
technologies in day-to-day work and organizing practices. In each area,
electives broaden and deepen the scope of the programme and prepare for
a specific working environment. The programme is complemented by an
academic core that contains research design and methods, ethics and the
master thesis. Overall, integrating theory and application runs
centrally throughout the programme.

This specialization contains core and elective courses.
Master Business Administration - Digital Business and Innovation - Electives 2
Description
Choose 1 of 2 electives. Instead, you may choose a different course (not
necessarily in period 5), for which permission from Exam Board is
required.
Course Name Period Credits Code
Digital Consultancy Project P5 6EC E_BA_DCP
Digital Entrepreneurship Project P5 6EC E_BA_DEP
Master Business Administration - Duisenberg Honours Programme Financial Markets and Regulation
Description
This honours programme provides students a broad perspective on how
financial markets function. It includes the macro view on financial
markets and the economic and legal perspectives on corporates, investors
and intermediaries when operating in financial markets.
This programme combines the disciplines finance, accounting, law and
regulation. This multi-disciplinary approach matches the close
interconnection between these disciplines in the financial sector. This
programme gives the essentials in the disciplines finance, accounting
and law which allows a quick start as an all-round finance professional.
Multi-disciplinary trained finance professionals have a good position in
the labor market.


The programme is aimed for ambitious students who are interested to
start a career in finance as academic professional and strive for
maximum learning performance in one year before making a good start in
the labor market.


Core disciplines in this programme are: finance, accounting and law.


The programme consists of 84 EC and endures 1 year.
Master Business Administration - Specialization Financial Management
Description
The specialization Financial Management connects the internal business
functions of the firm – investment decisions, financing decisions, and
financial reporting – with financial markets and its institutions. The
Financial Management programme is structured with these key elements in
mind. The three central strands – Corporate Finance, Accounting and the
Financial Sector – run throughout the programme’s core and its
electives.

The programme offers the possibility to specialize towards three sub-
disciplines. The sub-disciplines Corporate Finance and Accounting focus
on the financial management function in organizations, executed by
professionals like Corporate Financial Officers (CFO's), Management
Accountants, Financial Specialists or Financial Directors. It brings
together all the topics relevant for the effective execution of the
finance function like financial reporting, management control, treasury,
corporate governance and auditing. These sub-specializations offer a
wide spectrum of relevant knowledge areas for the financial manager
across the disciplines corporate finance and accounting, emphasizing the
business administration programme's integrated approach.

The sub-discipline Financial Sector looks at the financial management
function of the financial sector itself. Financial markets, institutions
and oversight bodies determine the way the financial system works. This
sub specialization provides insights into financial products (like
pensions and insurances), into management of financial institutions (for
instance banks), and into the working of financial markets.

This specialization contains core and elective courses.
Master Business Administration - Specialization Human Resource Management
Description
The purpose of Human Resource Management is to mobilize people. However,
this is not a straightforward process considering the ever changing
organizational environment in which contemporary HRM performs. To
account for critical organizational challenges such as employee
development, staffing, performance and diversity, our HRM programme aims
to help students develop skills and competencies needed to mobilize
employees in contemporary organizations. To achieve this goal, the
programme explores the changing HRM environment, as well as the changing
interactions between employers and employees. Furthermore, core HR
practices are covered, such as performance management, recruitment and
selection, and human resource development analytics. Throughout the
programme, students learn about the links between research and practice,
for example by developing new selection tools and development programs
for actual companies. The programme prepares students for a future in
HRM or a related discipline, helping them develop into skilled
professionals that are knowledgeable about contemporary HRM.

This specialization contains core and elective courses.
Master Business Administration - Human Resource Management - Electives I
Description
In total you have to choose 3 electives. Of these, a minimum of 2
electives must be chosen within your own specialization; a maximum of 1
elective may be chosen from the specializations International
Management, Leadership and Change Management, Management Consulting, or
Strategy and Organization.
Master Business Administration - Human Resource Management - Electives 1 - Electives form other specializations
Description
Choose a maximum of 1 course.
These electives are part of the other specializations International
Management, Leadership and Change Management, Management Consulting, and
Strategy and Organization.
Course Name Period Credits Code
Alliances, Mergers and Networks P2 6EC E_BA_AMN
Change Rhetoric and Politics P2 6EC E_BA_CRPOL
Doing Business in Emerging Markets P2 6EC E_BA_DBEM
International Entrepreneurship P2 6EC E_BA_INTE
Leadership and Learning P2 6EC E_BA_LL
MC: Business Model Development P2 6EC E_BA_MCBMD
Organization Development and Change P2 6EC E_BA_ODC
Strategic Corporate Social Responsibility P2 6EC E_BA_SCSR
Business Ecosystems and Open Innovation P3 6EC E_BA_BEOI
Consulting Project P3 6EC E_BA_CPROJ
Global Organizational Change P3 6EC E_BA_GOC
International Consulting Project P3 6EC E_BA_ICP
Multi-Stakeholder Management P3 6EC E_BA_MSM
Organizational Change Serious Game P3 6EC E_BA_OCSG
Master Business Administration - Specialization International Management
Description
The International Management programme prepares students for global
management careers by developing their understanding of how the
international context affects businesses and their employees. Students
acquire an understanding of different global competitive strategies, how
to engage in business transactions in different parts of the world, how
to leverage diversity in customers and employees, how to work in and
lead global teams, and how to transfer knowledge across borders within
and between organizations. The students learn the latest international
management theory, they use the theory to solve real-life problems, and
build communication skills to be prepared to work in multinational
enterprises.

This specialization contains obligatory and elective courses.
Master Business Administration - International Management - Electives I
Description
In total you have to choose 3 electives. Of these, a minimum of 2
electives must be chosen within your own specialization; a maximum of 1
elective may be chosen from the specializations Human Resource
Management, Leadership and Change Management, Management Consulting, or
Strategy and Organization.
Master Business Administration - International Management - Electives I - Electives from other specializations
Description
Choose a maximum of 1 course.
These electives are part of the other specializations Human Resource
Management, Leadership and Change Management, Management Consulting, and
Strategy and Organization.
Course Name Period Credits Code
Alliances, Mergers and Networks P2 6EC E_BA_AMN
Change Rhetoric and Politics P2 6EC E_BA_CRPOL
Leadership and Learning P2 6EC E_BA_LL
MC: Business Model Development P2 6EC E_BA_MCBMD
Organization Development and Change P2 6EC E_BA_ODC
Performance Management P2 6EC E_BA_PMAN
Recruitment and Selection P2 6EC E_BA_RECS
Strategic Corporate Social Responsibility P2 6EC E_BA_SCSR
Business Ecosystems and Open Innovation P3 6EC E_BA_BEOI
Consulting Project P3 6EC E_BA_CPROJ
HRD Analytics P3 6EC E_BA_HRDA
Multi-Stakeholder Management P3 6EC E_BA_MSM
Organizational Change Serious Game P3 6EC E_BA_OCSG
Master Business Administration - Specialization Leadership and Change Management
Description
The Leadership and Change Management (LCM) master programme aims to
prepare future general managers, change agents, and project managers to
lead organizations through transformation and uncertain times. For this
purpose the programme not only teaches the latest academic knowledge in
this topic area, but also emphasizes organizational skills (e.g.,
project management), rhetorical skills (e.g., debating, delivering and
writing speeches) and political skills (e.g., negotiation, stakeholder
management), and self-reflective skills. We believe that this
combination of an academic mindset and strong social skills will prepare
our students to become the world’s next change leaders.

This specialization contains obligatory and elective courses.
Master Business Administration - Leadership and Change Management - Electives I
Description
In total you have to choose 3 electives. Of these, a minimum of 2
electives must be chosen within your own specialization; a maximum of 1
elective may be chosen from the specializations Human Resource
Management, International Management, Management Consulting, or Strategy
and Organization.
Master Business Administration - Leadership and Change Management - Electives I - Electives from other specializations
Description
Choose a maximum of 1 course.
These electives are part of the other specializations Human Resource
Management, International Management, Management Consulting, and
Strategy and Organization.
Course Name Period Credits Code
Alliances, Mergers and Networks P2 6EC E_BA_AMN
Doing Business in Emerging Markets P2 6EC E_BA_DBEM
International Entrepreneurship P2 6EC E_BA_INTE
MC: Business Model Development P2 6EC E_BA_MCBMD
Organization Development and Change P2 6EC E_BA_ODC
Performance Management P2 6EC E_BA_PMAN
Recruitment and Selection P2 6EC E_BA_RECS
Strategic Corporate Social Responsibility P2 6EC E_BA_SCSR
Business Ecosystems and Open Innovation P3 6EC E_BA_BEOI
Consulting Project P3 6EC E_BA_CPROJ
Global Organizational Change P3 6EC E_BA_GOC
HRD Analytics P3 6EC E_BA_HRDA
International Consulting Project P3 6EC E_BA_ICP
Multi-Stakeholder Management P3 6EC E_BA_MSM
Master Business Administration - Specialization Management Consulting
Description
The purpose of the Management Consulting programme is to prepare for a
career as management consultant. The progamme helps to develop
consulting skills together with an academic mindset. We discuss advice
processes and consultant-client interactions and aim at improving
decision making in organizations, most often in a context of internal or
external change. The programme offers five core courses to achieve this
goal. Two courses are more theoretical: exploring scientific debates on
management consulting and on organizational change processes. Two other
courses are more skills based, with one focusing on report writing and
argumentation aiming at evaluation and advice. The other skills course
is on improving a business model for a consultancy with a focus on
presentation. The fifth course is running a consulting project as a
team, from acquisition to final presentation and client evaluation. They
also do a method and an ethics course before writing their thesis. After
this, the majority of our students starts working well prepared as a
management consultant at the bigger consultancies, niche consultancies,
as internal consultant at bigger companies or as policy advisor for
government organizations.

This specialization contains obligatory and elective courses. Also, an
Honours Programme, on top of the regular programme, is offered.
Master Business Administration - Management Consulting - Electives I
Description
In total you have to choose 3 electives. Of these, a minimum of 2
electives must be chosen within your own specialization; a maximum of 1
elective may be chosen from the specializations Human Resource
Management, International Management, Leadership and Change Management,
or Strategy and Organization.
Master Business Administration - Management Consulting - Electives I - Electives from other specializations
Description
Choose a maximum of 1 course.
These electives are part of the other specializations Human Resource
Management, International Management, Leadership and Change Management,
and Strategy and Organization.
Course Name Period Credits Code
Alliances, Mergers and Networks P2 6EC E_BA_AMN
Change Rhetoric and Politics P2 6EC E_BA_CRPOL
Doing Business in Emerging Markets P2 6EC E_BA_DBEM
International Entrepreneurship P2 6EC E_BA_INTE
Leadership and Learning P2 6EC E_BA_LL
Performance Management P2 6EC E_BA_PMAN
Recruitment and Selection P2 6EC E_BA_RECS
Strategic Corporate Social Responsibility P2 6EC E_BA_SCSR
Business Ecosystems and Open Innovation P3 6EC E_BA_BEOI
Global Organizational Change P3 6EC E_BA_GOC
HRD Analytics P3 6EC E_BA_HRDA
International Consulting Project P3 6EC E_BA_ICP
Multi-Stakeholder Management P3 6EC E_BA_MSM
Organizational Change Serious Game P3 6EC E_BA_OCSG
Master Business Administration - Management Consulting - Honours Programme
Description
Excellent students may follow an Honours Programme, which means that
they will follow three extra courses, on top of the regular programme:
Two courses from a different specialization (period 2, 4 or 6), plus the
12-EC course Consulting Research Project, which takes place during the
summer holiday.

Honours programme in management consulting is designed for students who
like to be challenged. Since consulting companies participate in the
programme as clients for a contract research project, students learn to
do research for a client. For consulting companies it is an opportunity
to work with talented students that have the ambition to become
consultant. If both parties have enjoyed working together, students may
get a job offer.

REQUIREMENTS FOR STUDENTS
Students who intend to participate in the Honours programme Management
Consulting should:
- have at least an average of 7.5 for bachelor or premaster courses
- is successful in the first period of the programme
- should take part in a selection interview with the programme director
and a participating consulting firm
- submit a letter of motivation with bachelor or premaster grades and a
cv.

If you would like to apply send an email to o.bouwmeester@vu.nl.

The best students will be selected. We cannot guarantee that consulting
firms give you the opportunity to do contract research, as our
acquisition is not always succesful. In the past we did mostly one
project a year. Examples of research projects are the evaluation or
validation of a ‘tool or method’ developed by the consultant firm as we
did for Solving Efeso, contribution to ‘thought leadership’ of a
consultancy by helping with a white paper or expressing a consultancies
approach as we did for De Beuk. Other possibilities are adding academic
value by ‘coauthoring’ an article or helping with ‘case bundling’, by
describing and evaluating a series of related cases performed by the
consultancy.

REQUIREMENTS FOR CONSULTING FIRMS
Part of the programme is based on a partnership with consulting firms.
Together with the VU, these firms define research projects. The VU will
perform the research in which students work in the project under
supervision of VU staff. Consulting firms are the client of the
Consulting Research Project. They pay the university a fee and get in
return 24 hours staff supervision and 400 hours of research performed by
a student in the context of his Honours programme in Management
Consulting. This implies that students should get the opportunity to
learn as well.

CHARACTERISTICS OF THE PROGRAMME
The programme is challenging. It is a combination of the consulting
specialization with two extra discipline courses in the first half of
the year. In the second half of the year the Master’s thesis is combined
with a Consulting Research Project and an article:
- duration 12 months (extra period in summer) and workload of 84 EC
- combination with two discipline courses from Strategy, HRM or other
specialization
- Consulting Research Project at consulting firm (from April until June)
- Master’s thesis related to research project (from April until August)
- Article, report or conference paper related to the Consulting Research
Project and Master‘s thesis.
Course Name Period Credits Code
Consulting Research Project Ac. Year (sept) 12EC E_BA_CRP
Master Business Administration - Specialization Strategy and Organization
Description
The Strategy & Organization specialization programme explores the
complexities of dynamic and globally integrated market environments in
which business firms compete. It challenges students to look further for
new ways how organizations can rethink the way they strategically manage
their boundaries, and how they can act responsibly to make a sustainable
contribution to society. Next to teaching core aspects of strategic
management and organizational challenges related to growth, renewal and
entrepreneurship, S&O focuses on two modules. Each takes a closer
perspective on highly topical issues which represent current mega-trends
that businesses need to tackle in order to remain competitive: On the
one hand, the need for companies to rethink the way they interact with
competitors, for instance via forming alliances, mergers, participating
in business ecosystems and fostering open innovation. On the other hand,
rising stakeholder expectations that urge companies to compete
successfully and sustainably by enhancing their corporate social
responsibility (CSR) profile.

This specialization contains obligatory and elective courses.
Master Business Administration - Strategy and Organization - Electives I
Description
In total you have to choose 3 electives. Of these, a minimum of 2
electives must be chosen within your own specialization; a maximum of 1
elective may be chosen from the specializations Human Resource
Management, International Management, Leadership and Change Management,
or Management Consulting.
Master Business Administration - Strategy and Organization - Electives I - Electives from other specializations
Master Business Administration - Specialization Transport and Supply Chain Management
Description
The Transport and Supply Chain Management programme focuses on the
analysis of supply chains and transport networks, including the
management of transport and stock in global networks and defining
strategies for managing these networks. The programme furthermore
focuses on policy aspects of managing supply chains and transport
networks, including the impact of government regulation on transport
networks. The Transport and Supply Chain Management programme aims to
prepare students for a professional career in managing supply chains or
transport networks. The course work is therefore strongly focused on
quantitative data analysis and optimization of real-world problems using
tools commonly used in the logistics industry, including Excel and R.

Throughout the Transport and Supply Chain Management programme, course
work consists of understanding and applying leading concepts and methods
to challenging problems from the academic literature and practice. The
mandatory courses ensure that students are technically proficient in the
areas of data analytics, quantitative support for supply chain decision-
making, transport economics and management, and in statistical analyses
to support policy makers. The electives allow students to deepen their
knowledge in specific areas in line with their interests, including for
example optimization, performance benchmarking, geographical information
analysis, airline operations analysis or analysis of network structures.

This specialization contains obligatory and elective courses.
Master Business Administration - Transitional arrangements
Description
Per 2018-2019 a number of curriculum changes have been implemented.
Underneath the courses that are not lectured anymore, and for which only
students who followed the course in 2017-2018, but haven’t succeeded,
one extra opportunity will be given to succeed the course.

Take a look at the introduction page of this study guide for more
information as well as a complete overview of the transitional
arrangements.
Course Name Period Credits Code
Control and Audit P1 6EC E_ACC_CA