Study International Management
Add value in an international environment
Go beyond contemporary business models, and look at the world’s economy from an international perspective. With each year, the world becomes more connected creating a global economy. Products we use on a daily basis no longer come from local sources but are often shipped from all over the world. Germany’s yearly exports total up to more than one billion Euros. Companies in such a globalized environment need experts that are capable of handling international transactions. Managers with international backgrounds in marketing, accounting, finance, logistics and communications establish the connections between companies and international markets. They become responsible for their company’s operations abroad.
Admission Requirements
You do not have your school leaving certificate yet? Just provide a transcript of records including all grades given to date and you can hand in your school leaving certificate at a later stage.
- High school diploma/school leaving certificate (qualifying for entrance to German universities)
- Proof of English language proficiency: please have a look at our different options here
- Interview with program management and faculty members
- Additional requirements may apply for applicants from certain countries. Please inquire.
Application deadline
- Start of application period: November 1
- Recommended application deadline for international applicants: March 31 (more information)
- Final Application deadline for international applicants: May 31 (more information)
- Final Application deadline for European applicants: July 15
We recommend that you submit your application as early as possible. For fully completed applications received by January 15, you will be granted a 10% early-bird discount on your total amount of tuition fees. To be entitled for the discount you need to fully complete the online application form and submit it together with your transcript of records. More information can be found here.
International (non-EU) applicants please note: The visa process takes up to two months, starting on the date of acceptance by KLU. Please keep in mind that there are a lot of other organizational matters to deal with when planning your study abroad. That is why we advise you to apply as soon as possible (see recommended international deadline).
We require a non-refundable application fee of €50 for non-EU/EEA applicants. Your application will only be processed once we have received this. Please note that we offer application fee waivers for selected candidates.
Preparation Program
In some cases, you may have to complete our 1-year Preparation Program before you can commence our Bachelor in Business Administration. This may be because of your high school degree curriculum or course combinations. If you are not sure if you have to complete the Preparation Program course, please feel free to ask us at study@klu.org.
You can apply for the Preparation Program on the application portal on our website.
Our degree provides you with a strong foundation in aspects of business administration. Develop expertise in a number of areas through a wide range of topics such as management, strategy, accounting, math, statistics, law, micro- and macroeconomics, and more. Gain well-rounded knowledge and a skill set that will maximize your career opportunities with the profile International Management.
Immerse yourself in your chosen profile.
- Chinese, Spanish or German
- Empirical Research Methods
- International Finance
- Intercultural Communication and Management
- Consumer Behavior*
- International Financial Accounting*
*These courses are offered as electives and are open to all profiles.
Gain knowledge that will prepare you for your future career in an international environment.
- Assess the challenges of working with people in international organizations.
- Communicate in a foreign language and gain intercultural competencies.
- Apply moral reasoning and business ethics to your daily work.
- Learn how to collect, analyze and report data with recommendations for action.
- Base your strategic decisions on explicit and measurable values (KPIs).
- Understand international accounting standards and asses a company’s performance.
- Understand the international monetary and money exchange systems and the importance of finance in a globalized world.
Tuition
PROGRAM | ECTS | DURATION | PROGRAM START 2023 | Tuition |
BSc in Business Administration Standard Track | 180 | 3 years | 1 September | |
BSc in Business Administration | 210 | 3 years | 1 September |
Tuition fees are charged per semester. A non-refundable deposit of EUR 1,000 is due within two weeks after the receipt of the signed study contract. The deposit will be deducted from the first tuition fee installment.
Tax savings
In Germany, tuition can be claimed on tax returns and the tax savings can be used to partially finance students’ degrees.
All master’s degree students can claim all the costs of their degree program as anticipated income-related expenses before graduating and after completing their vocational training, and carry them forward over their time enrolled as cumulative losses – assuming they had no or very little income in that time. Loss carry-forwards make this possible: the losses that students incur because they are studying are offset from their incomes after graduation in subsequent years. This reduces the income for which taxes are due. The costs associated with the semester abroad and tuition are deductible.
It is only possible to take advantage of loss carry-forward if the degree program is a second degree (master’s degree after the bachelor’s or a bachelor’s degree after an apprenticeship). The costs of first degrees can be deducted as a special expense up to a limit of €6,000. Study-related expenses only have an effect in the same year and only result in tax benefits for people whose incomes are high enough that they actually pay income tax in Germany. The Federal Constitutional Court is reviewing the regulation regarding the costs of the first degree. For this reason, students should always claim their study-related expenses as income-related expenses on their income tax returns.
If students participate in the Brain Capital plan and defer payment of tuition fees, the fees can be deducted as soon as payment is initiated (outflow principle).
*non-committal statement as KLU is not allowed to act as a tax advisor.
Scholarships
KLU offers a limited number of scholarships. Stipends of gifted education instituions (Begabtenförderwerke) can apply for a full tuition fee waiver at KLU. We also offer an innovative tuition financing model. Students participating in this model do not or only partially pay tuition fees during their studies at KLU. However, they commit themselves to make income-dependent payments upon completion of their studies.
Tax savings
In Germany, tuition can be claimed on tax returns and the tax savings can be used to partially finance students’ degrees.
All master’s degree students can claim all the costs of their degree program as anticipated income-related expenses before graduating and after completing their vocational training, and carry them forward over their time enrolled as cumulative losses – assuming they had no or very little income in that time. Loss carry-forwards make this possible: the losses that students incur because they are studying are offset from their incomes after graduation in subsequent years. This reduces the income for which taxes are due. The costs associated with the semester abroad and tuition are deductible.
It is only possible to take advantage of loss carry-forward if the degree program is a second degree (master’s degree after the bachelor’s or a bachelor’s degree after an apprenticeship). The costs of first degrees can be deducted as a special expense up to a limit of €6,000. Study-related expenses only have an effect in the same year and only result in tax benefits for people whose incomes are high enough that they actually pay income tax in Germany. The Federal Constitutional Court is reviewing the regulation regarding the costs of the first degree. For this reason, students should always claim their study-related expenses as income-related expenses on their income tax returns.
If students participate in the Brain Capital plan and defer payment of tuition fees, the fees can be deducted as soon as payment is initiated (outflow principle).
*non-committal statement as KLU is not allowed to act as a tax advisor.
Brain Capital financing
Brain Capital is an innovative tuition financing concept. Students participating in these models do not or only partially pay tuition fees during their studies at KLU. However, they commit themselves to make income-dependent payments upon completion of their studies. The total amount of payments is linked to the income earned. The model is based on a solidarity principle: students with higher income repay more than students with lower income. There are limits for maximum annual and maximum total payments (about twice the tuition fee amount adjusted for inflation).
If you are admitted at KLU and wish to finance your tuition fees at KLU partly via the Brain Capital scheme, please fill in the Brain Capital application form and send it to admission@klu.org by July 31, at the very latest. Indicate the amount that is necessary to cover part of the tuition fees. Please keep in mind that the scheme may not allow a full coverage of your tuition. Applications for Brain Capital are only accepted before commencement of studies. Only admitted candidates participate in the selection.
The selection committee meets at the beginning of every month deciding on all applications received until the last date of the previous month. A positive decision on the application depends on various factors. In any case the number of applications received as well as a regional quota is considered.
Loan schemes
There are different loan schemes to finance the cost of living. These primarily target German and EU nationals. Candidates of other nationalities are only eligible if they have a German baccalaureate (Abitur) and permanent residence status in Germany.
The German federal government and KFW banking group, a German government-owned development bank, offer the following loan to Germans and EU citizens. Non-EU candidates are eligible only if they have a certificate of graduation from a German secondary school and permanent resident status in Germany.
Federal Training Assistance Act (BAföG)
German federal government loan program: The loan program provides you with state funding to pursue education and training. You receive 50 percent of BAföG aid as a state grant and 50 percent as an interest-free loan. Your eligibility is dependent on your parent’s income. Read more about the Federal Training Assistance Act (in German).
KfW-Student Loan
The KfW offers the KfW-Studienkredit for our Bachelor and Master programs as well as our MBA. With the KfW-Studienkredit, you are able to finance your costs of living. The KfW-Studienkredit is highly flexible. Please find all information concerning the KfW-Studienkredit here. The product profile of the loan can be found here (unfortunately both is only offered in German). Please note: This loan scheme is primarily available for German citizens or students with a German baccalaureate (Abitur). There are exceptions, please consult the KfW-website for further information.
Our partner concerning the KfW-Studienkredit is the HASPA, which offers advice for the KfW-Studienkredit as well as a student bank account with many benefits for students in Hamburg.
For further information, please contact Ms. Sophie Harms (Tel. +49 40 3579-7227, hafencity@haspa.de) from the HASPA.