Free International University of Moldova

Master in Business Management and Entrepreneurship

• Level of qualification: 7 ISCED Level
• Duration: 2 years 
• Number of study credits: 120 ECTS, 4 semesters
• Earliest Start Date: October 2020
• Languages: Romanian, Russian, English, French
• Tuition Fee:
  • EU students: 1000 EUR/per year
  • Romanian students: 500 EUR/per year
  • Non-EU students: 2000 EUR/per year 

Concept of the Specialist Training

Master degree program Business Management and Entrepreneurship lasts two years (four semesters) and has 120 ECTS, it is composed of fundamental course unities for the 1st semester in order to develop core knowledge and skills. The 2nd semester has course unities oriented on specific policies and strategies for the master's degree program. The course unities of the 3rd semester are directed to knowledge implementation. During the second year, students are able to customize their studies through increased flexibility and a choice of various elective courses. Students will have to participate in an internship in order to put their learning experience into practice and they will conclude their studies with a research-oriented master thesis.

Contents and Structure

In the first year of the program, students develop their core knowledge and skills. The courses offered focus on international aspects of marketing, finance, business law as well as aspects related to leadership practices or European policies. During the second year, students are able to customize their studies through increased flexibility and a choice of various elective courses. Students will have to participate in an internship in order to put their learning experience into practice and they will conclude their studies with a research-oriented master thesis.

The Mission of the Program 

The Master's Program in Business Management and Entrepreneurship has been designed to allow participants to understand the internationalization of small and medium-sized enterprises, to develop the students' understanding and knowledge of global business environments, strategic management, and innovation as well as customer relationship management in international markets. 

Objectives

The program provides the premises for the development of a unique managerial culture through an educational system that offers students the necessary skills for successfully conducting nowadays businesses. The program develops a holistic approach of organizational management which revolves around a highly ranked curriculum incorporating theoretical and methodological aspects of business administration as well as practical aspects that define entrepreneurial behavior.

After completion of this program, the graduates will have the necessary skills to identify business opportunities and develop business strategies for both start-ups and existing companies, to perform feasibility analysis of new business ideas and develop business plans, to apply concepts and principles of human resource management and knowledge management, to develop marketing strategies to sustain businesses, as well as to implement efficient operations within companies, and to apply strategic and ethical behavior.

Career Prospects

The program equips students with the necessary skills to run their own businesses, allowing them to apply for upper management positions, and providing them with practical experience during the Internship program while they are still studying, as well as with thorough preparation in order to pursue a Ph.D. in Management. Graduates have several options for their career path, such as entrepreneurs, general managers, project managers, marketing managers, production managers, consultants in management, etc. Graduates are typically employed by multinational corporations, foreign subsidiaries, international consulting agencies, start-ups, or non-profit organizations. Moreover, many graduates of this master's program choose to open their own businesses.

International Perspectives

Students will have plenty of opportunities to be in touch with visiting professors from abroad and experts from the industry. Students also have the opportunity to spend one semester abroad at our partners’ universities. Moreover, the great number of exchange students who enroll for classes of this master program enhances the international and diverse atmosphere of the program.

Curriculum 

Semester 1

• Managerial Economics based on Problem Solving (Workshops)
• Risk and Crisis Management
• Methodology and Ethics of Research in Economic Sciences
• Economic Diplomacy
• Intellectual Property: Policy, Law, and Use
• Recruitment, Selection, and Induction in HRM

Semester 2

• Comparative studies: policies, reforms, and trends in the business environment and SME management (workshops)
• Project Management
• Decisions  Theory
• Conflict Management:  Mediation and Negotiation Strategies
• Strategic Marketing Management for  Corporate Growth and Value
• International and European Marketing: SME Perspectives
• Commercial Practices in International Contracts
• Business Law, International Litigation and Arbitration

Semester 3

• Entrepreneurial Financing
• Accounting and Risk Management
• Innovation, Startups and Capital Venture
• Innovation Management and New Product, Development
• Competition Policy and Competitive Strategy
• Cross-Cultural Management
• Internship

Semester 4

• Research and Master Degree Thesis Elaboration