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Deutsch Who is the Master’s Degree in Business Psychology at FOM suitable for?
The part-time Master’s degree in Business Psychology (M.Sc.) is aimed at professionals who want to apply psychological skills specifically to economic issues. Typical participants are graduates of business-related or social science degree programmes who wish to further develop their careers in human resource management, marketing, organisational development or consulting. Career changers with other study backgrounds and relevant professional experience, who want to practically bridge psychology and business, also benefit from this degree programme.
What requirements do you need to meet?
Formal admission requirements:
- Completed university degree (e.g. Bachelor’s, Diploma, Magister or state examination); degrees from accredited vocational academies are also recognised.
- For business-related degrees: at least 40 ECTS credits in business-related content – thereby granting direct access to the programme.
- For other fields of study: at least one and a half years (18 months) of professional experience in an area relevant to the degree programme. In addition, participation in a preparatory course in “Business Administration” is recommended in this case to compensate for missing business management knowledge.
- Proof of current employment (the degree is designed as a part-time course for professionals).
Personal requirements:
- Willingness to link psychological and economic perspectives and to think analytically.
- Experience or interest in topics such as personnel management, market psychology or organisational development.
- High self-motivation and good self-organisation in order to successfully manage both studies and employment simultaneously.
- Strong communication skills, social competence and openness to interdisciplinary issues.
- Willingness to work methodically, e.g. in empirical social research or scientific analysis.
What content does the Master’s degree in Business Psychology (M.Sc.) cover?
In the Master’s programme in Business Psychology at FOM University, you acquire profound knowledge at the interface of psychology and business. The curriculum covers key subject areas:
- Psychological fundamentals of management and decision-making behaviour: You learn how individual and collective decision processes arise and can be influenced.
- Market psychology: Analysis and evaluation of consumer behaviour, understanding of advertising effects and purchasing decisions.
- Human resource management: Designing personnel selection, motivation and team development incorporating psychological criteria.
- Organisational development: Analysis of corporate culture, change processes and dynamic organisational leadership.
- Mediation and psychological communication: Methods for conflict resolution, moderation and counselling in the corporate context.
- Empirical social research: Conducting, evaluating and interpreting scientific studies to collect business psychology data.
With this content, you build cross-disciplinary competencies to analyse economic behaviour in depth and develop targeted strategies within organisations. The focus of the programme is the connection of scientific theory with practical application.
How is the part-time Business Psychology programme structured?
The Master’s programme takes place part-time and is specially designed for the needs of working professionals. The course extends over 4 semesters plus the master’s thesis (usually 5 semesters). You can complete the programme either at one of the numerous campus locations (e.g. Essen, Frankfurt, Hamburg, Munich) or entirely as a digital live study. At the beginning of each semester, you flexibly choose how you want to participate:
- Campus study+: Lectures in the evening and/or on Saturdays, combined with digital formats.
- Digital live study: Participation in live-streamed lectures and seminars, independent of location.
The semesters begin in March (summer semester) and September (winter semester). During the course of study, you can apply for individual leave semesters and have examination achievements recognised from other programmes. Complementary programmes such as “SmartStart” (foundation modules at the start of studies) and “Master Your Career” (skills training e.g. leadership, self-management) support you individually. International summer academies at partner universities are also possible during the course of study.
What career paths are possible with the Master’s in Business Psychology?
With the degree Master of Science (M.Sc.) in Business Psychology you qualify for diverse and responsible positions at the interface of business and psychology. Typical fields of work include:
- Personnel development: Designing and implementing measures for personnel and organisational development.
- Marketing and market research: Developing and testing communication strategies, analysing consumer behaviour and advertising effectiveness.
- Change management: Supporting and managing change processes in organisations.
- Psychological counselling in organisations: Supporting managers, employees or teams on psychologically influenced issues.
- Mediation and conflict management: Conducting internal and external mediations, advising on conflict resolution processes.
- Research and consulting services: Positions in agencies, management consultancies, public institutions or your own company.
The Master’s degree also entitles you to pursue a doctorate and enables membership in the Professional Association of German Psychologists (BDP). Business psychology competencies are particularly in demand in companies with personnel responsibility, consulting needs or in market and consumer research.
What costs and financing options should you expect?
The following total costs apply for the Master’s degree in Business Psychology at FOM University:
- Tuition fees: 12,300 Euro (payable in 30 monthly instalments of 410 Euro)
- Enrollment fee: 1,590 Euro (payable in 6 instalments of 265 Euro in the first semester, reduced rates possible for prior studies at a BCW institution)
- Examination fee: 500 Euro (one-off, at the end of studies)
The total costs thus amount to 14,390 Euro. In cases of prior achievements (e.g. credited modules), study duration and costs may be reduced.
- The programme is tax deductible – both tuition fees and additional costs (specialist literature, travel expenses, work materials).
- Financial support is easily available in special hardship cases (e.g. individual payment arrangements or leave semesters during which no fees are incurred).
- Employer sponsorship and recognition of already completed study achievements to reduce costs are provided for.
FOM University is a non-profit institution; tuition fees are fully reinvested in teaching and equipment. Flexible payment options facilitate balancing study, work and financing.
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