Faculty of Economics and BusinessMaster of Science in Business Economics Master of Science in Advanced Business Studies PhD programme in Business Economics... Faculty of Economics and
Trang 1Faculty of Economics and Business
Master of Science
in Business Economics
Master of Science
in Advanced Business Studies PhD programme
in Business Economics
Trang 3Discover KU Leuven
Situated in the heart of Western Europe, KU Leuven has been a centre of learning for nearly six centuries Today, it is Belgium’s largest university Founded in 1425, it is one
of the oldest and most renowned universities in Europe
As a leading European research university and co-founder of the League of European Research Universities (LERU), KU Leuven offers a wide variety of programmes in English, all supported by high-quality, innovative, interdisciplinary research
The university welcomes more than 40,000 students, of which 16% are international students from more than 140 countries KU Leuven’s doctoral schools organise inter -nationally oriented PhD programmes for over 4,000 doctoral students
The university is located in Flanders, the Dutch-speaking part of Belgium Leuven is a
modern, bustling and safe student city with a long and rich history Cultural and recreational opportunities abound KU Leuven’s central location offers a truly international experience Major European capitals such as Brussels, Paris, London and Amsterdam are only a
(very) short train journey away
Trang 4Faculty of Economics and Business
As one of KU Leuven’s 15 faculties, the Faculty of Economics and Business carries out education and research in five departments:
• Economics
• Marketing and Organisation Studies
• Accountancy, Finance and Insurance
• Managerial Economics, Strategy and Innovation
• Decision Sciences and Information Management
One of the Faculty’s most important assets
is its vast national and international network
It maintains strong links with the business and financial community by organising regular workshops with industry leaders and the European Commission, situated only 30 minutes from the campus Many of the alumni work at European institutions, and many staff members act as advisers to various European bodies and inter national companies The Faculty's alumni network offers excellent communication channels and networking opportunities with leading figures in industry and politics
External quality assessments prove that the Faculty of Economics and Business' teaching
is internationally respected and renowned This academic reputation attracts students and scholars from across the globe, creating a vibrant, multicultural atmosphere The Faculty has a truly international outlook, and its alumni can be found all over the world
This international focus is also clear in its wide international student exchange network The Faculty of Economics and Business participates extensively in the (intra-EU) Erasmus programme (with 65 partners) and has numerous agreements with leading universities outside the EU, including: the Wharton School of Business (University of Pennsylvania), the University of Illinois and Rochester University in the United States, the University of British Columbia and Queen’s University in Canada, the Indian Institutes of Management Calcutta and Bangalore in India, the Chinese University and the City University of Hong Kong, Tsinghua University and Fudan University in China, the University of Sydney and the University of Adelaide in Australia, Stellenbosch University in South Africa, Insper in Brazil, and the Singapore Management University
Trang 5Why KU Leuven?
The Faculty’s graduate-level and doctoral programmes aim to develop participants’
critical, conceptual, problem-solving and decision-making skills A graduate degree from
KU Leuven’s Faculty of Economics and Business equips students with fundamental and conceptual knowledge and analytical tools to cope effectively with the problems of the current and constantly-changing business and economic environment Adopting a research based approach, focus is placed on the disciplines underlying business operations and economic decisions This enables graduates to acquire the necessary skills and tools for coping with current and future challenges
A variety of teaching methods (lectures, case discussions, exercises, computer-assisted problem-solving and individual research) is used to enhance students’ educational experience Students are expected to participate actively The Faculty evaluates classroom work, written assignments and examinations on a regular basis The workload is demanding,
as to be expected from a high-quality graduate school The Faculty’s international
credentials and academic reputation guarantee the quality of the programme
Trang 6Master of Science in
Business Economics
The Master of Science in Business Economics programme emphasises the acquisition
of fundamental knowledge and skills in an area of specialisation related to the corporate world By combining this programme with initial specialisations from the Bachelor’s programme, you will develop deeper insight into a broad range of fields and fine-tune your personal graduation profile On completing this programme, you will be able to apply scientific frameworks independently and critically, allowing you to evolve
continuously in a dynamic society and workplace
Why KU Leuven
KU Leuven occupies a leading position in management and economic research and is highly ranked by the European Economic Association Top-level research and education complement and strengthen each other The Faculty of Economics and Business' Alumni Association includes many leaders of industry, ensuring excellent career opportunities for our graduates
Profile
You have an entrepreneurial personality with broad socio-economic interests You are fascinated by the business world and would like to pursue a management career in entrepreneurship, innovation, marketing, strategy, international business or finance
Admission requirements
• For applicants with a prior degree obtained at a Flemish education institution, see admission requirements Master (of Science) in de toegepaste economische wetenschappen (www.kuleuven.be/ma/mtew)
• For all other applicants, the following requirements apply:
Degree requirements
• Applicants should hold a university Bachelor's degree in Economics or Business Economics comparable to a Bachelor's degree in Economics, Business Economics
or Business Engineering from the Faculty of Economics and Business at KU Leuven
Trang 7By a degree in Business or Economics we mean a broad-based academic education (with sufficient ECTS in macroeconomics, microeconomics, management, statistics, mathematics …), not a technical training programme (e.g marketing or hotel manage ment) Please note that our faculty has a strong analytical/mathematical approach In order
to verify whether you have sufficient background knowledge in this respect,
see www.econ.kuleuven.be/eng/edu/docs/mbe-prerequisites.pdf
Comparability is evaluated by the Admissions Board on the basis of information
provided by the applicant (see required documents)
Language requirements
Proof of proficiency in English
• All applicants must submit a satisfactory score on one of the following internationally recognised tests of English language proficiency:
- TOEFL (minimum score 575 paper-based, 233 computer-based, 90 internet-based)
- IELTS (minimum score 7)
No other proficiency tests will be accepted
• An exemption from the TOEFL or IELTS is only possible for applicants with a university degree or high school degree earned in Australia, Canada, Ireland, New Zealand, United Kingdom or the United States The certified diploma and transcripts suffice, provided they confirm that the entire study was completed in English
Required documents
All applicants must provide the following documents:
• certified copies of degrees, transcripts and, if available, a ranking indication;
• the comparability form with a course description of all relevant courses
(see www.econ.kuleuven.be/eng/edu/admissionrequirements);
• two recommendation forms (see www.econ.kuleuven.be/eng/edu/
admissionrequirements) completed, signed and posted in a sealed envelope signed
over the lid by the referee to the Faculty of Economics and Business Forms not provided
in a sealed envelope signed across the lid by the referee will be regarded as void The recommendation forms can also be mailed directly by the referee to fbe@econ.kuleuven.be These documents suffice for applicants with a non-Belgian degree from:
• universities which have an exchange agreement with the Faculty of Economics
and Business of KU Leuven
• universities which are in the global top 200 in the most recent Times Higher
Education or QS rankings
Additional information is required for applicants from other universities as it is impossible for us to reliably assess degree comparability In those cases a GMAT or GRE result
above the 75th percentile on the quantitative part is required
The Admissions Board evaluates all applications and has the final say on the admissibility
of the student Incomplete application files will not be evaluated
Trang 8Application procedure
• Non-EEA citizens must submit a complete application file by 1 March EEA citizens (or non-EEA citizens with a residence permit for Belgium) are strongly advised to submit their application file before 1 June but can apply until the end of August
• Tuition fee: ±600 EUR
For more information on how to apply, please visit
www.econ.kuleuven.be/eng/edu/prospectivestudent
Programme
The programme starts at the end of September The academic year is divided into two semesters, each consisting of 13 teaching weeks, followed by exam revision and exams The programme consists of one core course, a major including a Master’s thesis, a minor and one elective course
MASTER OF BUSINESS ECONOMICS 60 ECTS
Core Courses 6
Master's Thesis 15
Students choose one major and select courses for 24 credits within this major
Major 1: International Business, Strategy and Innovation
Major 2: Entrepreneurship
• Entrepreneurship and New Business Development 6
Major 3: Financial Economics
• Core Courses
- Security Pricing and Portfolio Selection 6
• Electives: students select 1 of both electives:
- The Economics of Financial Intermediation 6
- International Business Finance: Forex Markets 6
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Trang 9Career prospects
Graduates of the Master of Science in Business Economics mostly take up managerial and/or research positions in business, national and international institution and in managerial functions at universities Given the variety of skills acquired, you will be highly sought after by a wide range of companies (from small firms to multinational corporations) in a variety of positions and sectors in Belgium or abroad You can
pursue a career as an auditor, entrepreneur, consultant, financial analyst, financial manager, project manager, sales manager, marketing manager or stock broker
This is only a small selection of the many options available to you
Major 4: Marketing
Students choose one minor and select courses within this minor for 12 ECTS:
• Strategy and Innovation, International Business, Entrepreneurship, Financial
Economics, Marketing, Accounting and Auditing, Business Research,
Production and Logistics, Economics, Informatics for Business Economics
Free electives: students choose one free elective course 3 For detailed descriptions of this programme’s courses and for the course
timetable, please consult www.kuleuven.be/ma/mbe
Trang 10Master of Science in
Advanced Business
Studies
The Master of Science in Advanced Business Studies is mainly designed to offer students with a background in business or management science an additional and advanced curriculum in business research methodology The programme allows participants to deepen their knowledge in a number of substantive areas, both conceptually and methodologically
Its courses are not designed to offer a general management background, but instead to provide in-depth, specialised treatment of business research methodology The purpose
of the programme is to familiarise students with current research practices in business and management studies used in leading academic institutions, international companies and institutions
The programme provides excellent preparation for undertaking a PhD in Business Economics, but it is also ideal for students seeking research-oriented positions outside the university Extensive contact with students from different nationalities and cultures adds an extra dimension to the programme
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Trang 11Admission requirements
Degree requirements
Applicants must hold either of the following:
• a Master’s degree in business studies or applied economics
• a Master’s degree in another field, provided that the basics of business have been covered and the other elements in the application file are outstanding The applicant should have a sound mathematical and statistical background
Academic performance should be above average (e.g applicants should have obtained their degree with at least cum laude or with distinction) Admissibility is evaluated by the Admissions Board on the basis of information provided by the applicant including certified copies or diploma and transcript etc (see required documents)
Language requirements
Proof of proficiency in English
• All applicants must submit a satisfactory score on one of the following internationally recognised tests of English language proficiency:
- TOEFL (minimum score 575 paper-based, 233 computer-based, 90 internet-based)
- IELTS (minimum score 7)
No other proficiency tests will be accepted
• An exemption from the TOEFL or IELTS is only possible for applicants with a university degree or high school degree earned in Australia, Canada, Ireland, New Zealand, United Kingdom or the United States The certified diploma and transcripts suffice, provided they confirm that the entire study was completed in English
Required documents
All applicants should provide the following documents:
• certified copies of transcripts, degrees and, if available, a ranking indication
• a GMAT or GRE score A GRE or a GMAT test result above the 90th percentile on the quantitative part (or on average) normally entails immediate admission, provided all other requirements are met as well, but this is not an absolute minimum
• two recommendation forms (see www.econ.kuleuven.be/eng/edu/
admissionrequirements) completed, signed, and posted in a sealed envelope
signed across the lid by the referee to the Faculty of Economics and Business
Forms not provided in a sealed envelope signed across the lid by the referee will
be regarded as void The recommendation forms can also be mailed directly by
the referee to fbe@econ.kuleuven.be
• a letter of motivation written and signed by the applicant detailing the choice for
KU Leuven and for this particular programme
The Admissions Board evaluates all applications and has the final say on the admissibility
Trang 12Application procedure
• Non-EEA citizens must submit a complete application file by 1 March EEA citizens (or non-EEA citizens with a residence permit for Belgium) are strongly advised to submit their application file before 1 June but can apply until the end of August
• Tuition fee: 1,400 EUR
For more information on how to apply, please visit
www.econ.kuleuven.be/eng/edu/prospectivestudent
Profile
As the programme’s courses are at the advanced Master’s level, we stress the importance
of a solid undergraduate background in business economics or management studies Students should also have a sound mathematical and statistical background Students should have a keen interest in recent analytical developments in business economics and a desire to work in research positions at universities, in business or in national and international institutions
Programme
The programme focuses on the use of business research methodology and stresses a combination of theory and applications drawn from real business problems in various management disciplines
10
MASTER OF ADVANCED BUSINESS STUDIES 60 ECTS
Core Courses 6
Students take 3 courses from this group, for a total of 18 ECTS
• Combinatorial Optimisation and Local Search Techniques 6