Fakultät für Wirtschaftswissenschaft

Uni Magdeburg

Universitätsplatz 2
39106 Magdeburg
Phone: +49 391 671-8585

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General remarks

This department is also featured in the U-Multirank world university rankings.

Basic information

Total number of students	2,170
Number of master degree students	600
Percentage of teaching by practitioners	5.0 %

Cooperative Education

Students in cooperative education

Support during the study entry phase

Score for offers before studies - Score	5/8 points
Score for offers at start of studies	10/14 points
Score for offers in the first year of studies	7/11 points
Total score for support in the study entry phase

Results of study

Graduations in appropriate time, undergraduate degrees	100.0 %
Graduations in appropriate time, master's	71.9 %

International orientation

International orientation, bachelor's	10/11 points
International orientation, master's	7/11 points

Job market- and career-orientation

Contact with work environment, bachelor's	4/10 points
Contact with work environment, master's	5/10 points
Bachelor theses in cooperation with work environment	14.3 %
Master theses in cooperation with work environment	6.4 %
Share of professors with work experience

Research

National publications per professor	3.4
International publications per scientist	0.5
Third party funds per academic	8.2 T€
Doctorates per professor	0.8
Research reputation	1.5 %

Students' assessments on undergraduate, presence-learning-courses

Teacher support	2.5
Support in studies	2.1
Courses offered	2.4
Study organisation	2.0
Exams	2.7
Research orientation	2.4
Job market preparation	2.8
Support for stays abroad	2.2
Rooms	1.7
Library	1.8
IT-infrastructure	1.9
Overall study situation	2.1

Students' assessments on consecutive master's degree courses

Teacher support	2.2
Support in studies	2.1
Courses offered	2.1
Study organisation	1.9
Exams	2.6
Transition to Master's studies	1.9
Research orientation	2.1
Job market preparation	2.7
Support for stays abroad	2.2
Rooms	1.8
Library	1.9
IT-infrastructure	2.1
Overall study situation	2.1

Degree courses with details

Degree courses without details

Further degree courses of the department

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About studying Business Administration in Germany

About the subject

Further information provided by the department

Special features regarding teaching
Specialised methodological, theoretical and empirical training. Mathematics, statistics, data analysis, econometrics, decision and game theory are used to identify optimal processes, incentive-compatible rules and observational decisions of consumers, investors, businesses and politics. Business administration and economics are closely integrated as part of the "Unity of Economic Science". Enhancement of cross-cultural and social skills is part of the curricula. Bachelor/Master/PhD programmes taught entirely in English. Constant quality monitoring through online teaching evaluations.
Special features regarding the international orientation
English-language degree programs from Bachelor and Master to PhD in economics and business administration. International Study Programme since 1997. Share of international students in ISP around 50%. Special services: ISP Office and Buddy Programme for new ISP students. Exchange programmes for all students with partner universities around the world. Studying abroad is recommended and encouraged by the faculty of all programmes. Regular events on studying abroad and recognition of international examination results. Throughout international research activities and cooperation.
Common partner universities for exchange
Xiamen University, China; University of Nizza, France; University of Grenoble 2, France; Université du Québéc, Montréal, Canada; Universidad EAFIT, Medellín, Colombia; Stockholm School of Economics in Riga, Latvia; Universytet Ekonomiczny we Wroclawiu, Poland; Universidade du Porto, Portugal; Universidad de Oviedo, Spain; Marmara Üniversitesi, Turkey
Special features regarding the equipment
Excellent teaching/research conditions, such as in experimental behavioural economics (MaXLab), consumer behaviour, financial engineering (FINTECHLAB), production planning, routing and storage optimisation. Library with online access to books and journals, as well economics and corporate databases. Department has 60 PC pool workstations that are state of the art. Modern faculty building that won architectural award and has full wireless coverage, as well as offices/classrooms/labs and faculty centre all in one building. Media rental (notebooks, projectors, etc.) at the dean's office of the department and the media centre.
Special features regarding research activities
Theoretically sophisticated, practice-relevant research with emphasis on incentive-based corporate management and taxation, financial contracts, real options, business valuation, international management, process optimisation in production and logistics, consumer behaviour, online markets and social entrepreneurship. Research collaboration with "Research Centre for Savings Bank Development", "Magdeburg Laboratory for Experimental Economics", "Centre for Brain Sciences", Entrepreneurship Interaction Centre and the "Halle Leibnitz Institute for Economic Research".
Research topics reflected in teaching
Financial market crisis and banking regulation; Valuation of corporate mergers; Stock control in rare failure events (disasters); Compliance and control of management in global corporations; Consumer behaviour, especially co-creation, time-money-effects and compromise effects; Route planning for recycling companies; Social Entrepreneurship; Tax avoidance strategies of international companies; Intercultural management and remuneration systems.
Website with further information on research activities
www.fww.ovgu.de/-p-55
Support for founders
The faculty has a Chair in Entrepreneurship. It forms the institutional core of a larger start-up and transfer-oriented "Interaction Centre". Both start-up research and specific start-up assistance are provided here. Through joint professorships, start-up activities grounded in engineering sciences are supervised, "ego incubators" receive business administration support, etc. Furthermore, the department's curriculum offers a rich variety of courses on preparing business plans, entrepreneurial decisions and actions.
Characteristics of assistance to differently abled persons
Easily accessible, centrally located department building, convenient parking; Flexible optimisation of study and exam procedures, customised individually ("equalisation of disadvantages"), such as extensions on projects and exams, technical aids, etc.; Curricula that can be adapted in line with individual's respective disability; OVGU has a representative for students with health problems and/or disabilities. All departments have their contact persons, as does, of course, the Department of Economic Sciences.
Characteristics of diversity advancement
The department, like OVGU overall, represents an open university culture characterised by transparency. It views competent handling of diversity and cultural diversity as an enrichment of university life and shared potential in general. Neither individual nor structural discrimination and disadvantages are tolerated, but instead addressed openly, visibly and thus rendered modifiable. In this context, the university is committed to equal opportunities for all university members in terms of education and living conditions.