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The Central State Office for Distance Learning (ZFU) has approved the course Business Development under the number 181318c. Is the Master’s in Business Development right for you?
The Master’s degree in Business Development (M.A.) at the European Distance Learning University Hamburg is aimed at professionals who want to actively shape strategic corporate and business unit development. The programme is especially suitable if you are already working in the fields of business, management, marketing, project management or consulting, or if you are aiming for a leadership role. It also offers attractive career opportunities for specialists seeking a specialisation in Business Development and a holistic view of corporate development.
What formal requirements do you need to meet?
The following requirements apply for admission to the Master’s degree in Business Development:
- Completed first degree (at least Bachelor, Diplom or an equivalent qualification) from a state-recognised university.
- Professional experience: At least one year of relevant professional experience after the first degree.
- English proficiency: You should have solid English skills, as part of the academic literature and case studies are handled in English.
- No Numerus Clausus (NC): Your grade from the first degree is not decisive for admission.
- Admission without a first degree is possible via the Master’s entry programme, provided you can demonstrate several years of qualified professional experience and extended leadership experience.
Personally, you should bring the following qualities and prior experience:
- Systematic-analytical thinking ability for the development and evaluation of corporate strategies.
- Creativity and willingness to innovate for developing new business models.
- Experience in project management or in strategic areas of responsibility is advantageous.
- Strong communication and teamwork skills to successfully manage processes and teams.
- Self-organisation and discipline for independent distance learning alongside your job.
Which skills and content do you acquire in the Master’s in Business Development?
The Master’s programme Business Development (M.A.) at the European Distance Learning University Hamburg (Euro-FH) focuses on the holistic development of business areas and companies. You work in a practice-oriented way in the following areas:
- Strategic Management: Analysis of companies, markets and competitors, development and implementation of sustainable business strategies.
- Corporate and Business Area Development: Structure company processes, discover new business areas and promote the implementation of innovations.
- Application-oriented Method Competence: Implementation of business projects with a systematic-analytical approach. Practical project “Business Plan and Product Launch” with complete market analysis, business plan creation and presentation.
- Personal Development: Expansion of soft skills, creativity and communication skills for leading teams and projects.
- Current Trend Topics: You gain insights into Design Thinking, Consulting, Big Data and Digitalisation.
Later on, you can set an individual focus in one of the four elective areas:
- Digital Marketing: Development of digital marketing strategies and use of digital tools for business development.
- Financial Business Development: Knowledge in financial management and application for successful growth in the finance sector.
- Business Process Management: Optimisation and creative modelling of business processes.
- Leadership & Performance Management: Leadership skills and team motivation to enhance performance.
The combination of scientific expertise, methodological competences and targeted specialisation prepares you to design, manage and successfully implement complex business projects.
How is the distance learning programme structured and organised?
The Master’s programme Business Development is completely designed as a location- and time-independent distance learning course. The study programme comprises 120 ECTS and can be completed within the standard period of 4 semesters (24 months); individual extensions are possible without additional costs.
- Start of studies: possible at any time without fixed enrolment deadlines.
- Learning materials: Digital study materials, digital learning platform, supplementary audio and video offerings as well as the AI-based learning assistant KILEA.
- Examinations: can be taken flexibly online every month or at nationwide examination centres.
- Practical relevance: Four compact practical seminars, mostly online, applying acquired methods to real case studies.
- Flexibility: Studying alongside work and family, free time management, examinations individually schedulable.
- Support: Personal study support and individual advice by specialised tutors.
- Recognition: Previous achievements can be submitted and, if applicable, credited to save time and costs.
The study concept enables an optimal balance between career, family and further education. The compact structure ensures that you complete your studies efficiently and with practical relevance.
Which professional prospects are opened up in Business Development?
Graduates of the Master’s in Business Development take on diverse tasks in companies of all sectors. Typical areas of activity include:
- Business Development Management: Planning, control and monitoring of growth projects and business area development.
- Management Consulting: Advising companies on strategic development, market analyses and business model innovations.
- Strategic Project Management: Responsibility for cross-departmental business development initiatives and change processes.
- Leadership positions: Leading tasks in Business Process Management, Digital Marketing, Financial Management or managing teams and business units.
Many companies specifically seek strategy experts who bring competences in analysis, innovation management and interdisciplinary team leadership. With the Master’s degree, you position yourself as a key person for sustainable growth and transformation.
What costs and financing options should you expect?
The tuition fees for the Master Business Development (M.A.) at Euro-FH amount to 495 euros monthly over the entire period of study, leading to a total amount of 11,880 euros.
- Attractive payment models: Graduated instalment options starting at 209 euros monthly are available.
- Free extension: If needed, the study period can be extended free of charge by up to 12 months.
- Funding options: Various funding programmes usable, e.g. Aufstiegs-BAföG, educational loans, tax deductibility as work-related expenses and possible support from the employer.
- Recognition of previous achievements: Credits reduce total costs and study duration.
All learning materials, access to the digital learning platform and support by teaching staff are included in the fees. Additional costs only arise for individual extra services such as re-registration for exams.
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