Luxembourg City, Luxembourg
DURATION
2 Semesters
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
Request application deadline
EARLIEST START DATE
Request earliest startdate
TUITION FEES
EUR 39,000 *
STUDY FORMAT
On-Campus
* for international students | EU students: 37,000
Key Summary
Introduction
The MBA program is offered in a full-time format. The entire duration of the program is 12 months. It has a general management focus and provides learners with hard knowledge and soft skills in business and management within a global context.
Work alongside a diverse cohort of international classmates in overcoming challenges, learning to work as a team, developing critical thinking, behavioural and tech skills, and facilitating cross-cultural learning and networking.
With extensive industry experience and a commitment to delivering cutting-edge knowledge, our faculty comes from some of the world’s top business schools, including MIT, Cornell University, ESADE, and SDA Bocconi among others.
Develop real-world skills for career growth
Bridge theory and practice, with hands-on projects, case studies, and opportunities to work on real business challenges. Engage in experiential learning and build practical skills valued by international employers around the world.
Build a powerful network
Connect with executives, managers, and business leaders from around the world. Collaborate and share experiences with peers from diverse backgrounds, which can lead to valuable opportunities.
Access opportunities in a dynamic & multicultural job market
Our strategic location, right in the heart of Europe, Luxembourg, it’s a dynamic hub that opens doors to diverse business opportunities, internship placements, jobs and connections with global corporations and financial institutions.
Admissions
Scholarships and Funding
A limited number of scholarships are available from the Luxembourg School of Business.
Students can apply for the scholarship only after completing the whole application process on our website, submitting their documents and paying the 100 euro fee. The Scholarship can cover up from 5% to 50% of the tuition fees.
Scholarships
- Non-traditional backgrounds: This scholarship is awarded to students who come from nontraditional backgrounds, such as Aerospace engineering, Artificial intelligence, Astrophysics, Biotechnology, and Cognitive science among others.
- Emerging markets: This scholarship is awarded to students who come from emerging markets, such as countries in Africa, Asia, Latin America, and the Middle East.
- Social engagement: This scholarship is awarded to students who are passionate about social engagement and who have a proven track record of giving back to their communities.
- International Entrepreneur: Awarded to candidates who have started
their own company and are currently running it. - Leadership & Innovation Scholarship: Awarded to students who have strong leadership skills and are passionate about innovation. Candidates should demonstrate the impact their innovative ideas had on their organizations.
- Merit-Based Scholarship: Awarded to outstanding candidates due to their excellent academic track record to acquire business knowledge and managerial skills to continue thriving in the business world.
Scholarships criteria are based on being able to provide evidence-based on
- Outstanding Academic record or graduation with honors
- References from university/professors
- Letter of motivation
- Financial need (the financial need aspect will be judged based on the student’s/parents’ annual revenue proof)
Scholarships are very limited and are given only to outstanding candidates.
Curriculum
Throughout the program, students engage in leadership courses which allow them to nurture their leadership styles. Through experiential learning, international exposure, and personalized career development you’ll have the tools and experience to create a path to success.
The MBA program is offered in a full-time format over 12 months. It has a general management focus and provides learners with the hard know-how and soft skills in business and management within a global context.
- 1-year full-time program: 12 months composed of core courses, electives, volunteer work, and research projects.
- Optional internship: After the coursework is completed, students can decide to do an internship of at least 15 weeks and earn an extra 10 ECTS credits.
- Students are required to earn 60 ECTS credits to graduate from the program.
- Classes are taking place from Monday to Friday.
Semester 1: Core Courses
Module 1 (15 ECTS) – Fundamentals
- Accounting and Financial Reporting (3 ECTS)
- Business Strategy (3 ECTS)
- People and Organizations (3 ECTS)
- Business Analytics (3 ECTS)
- Macroeconomics (3 ECTS)
Module 2 (15 ECTS) – Tools
- Marketing (3 ECTS)
- Innovation Culture (3 ECTS)
- Operations Management (3 ECTS)
- Corporate Finance (3 ECTS)
- Leadership: Self Awareness (1 ECTS)
- 2 Electives courses (1 ECTS each)
Semester 2: Core Courses, Electives, and Research Project
Module 3 (15 ECTS) – Decisions
- Performance Measurement and Financial Planning (3 ECTS)
- Financial Markets (3 ECTS)
- Digital Strategy (3 ECTS)
- Leadership: Change Management (1 ECTS)
- Negotiation (1 ECTS)
- Volunteer Work / Non-Profit Organizations Management (1 ECTS)
- 1 Elective course (3 ECTS)
Module 4 (15 ECTS) – Executions
- The study plan of Module 4 is made of Electives (9 ECTS).
- Thesis (Individual Research Project) or Entrepreneurial/Intrapreneurial Group Business Plan (6 ECTS).
After the program is completed, students can earn an extra 10 ECTS with an internship.
Electives
Within the Full-Time MBA program at Luxembourg School of Business, elective courses are chosen by the students, to complement the Core courses.
Choosing different electives will allow you to deepen your knowledge in topics that are of your particular interest, and thereby tailor your academic journey.
The elective courses are:
- Business Ethics (3 ECTS)
- Business Planning (3 ECTS)
- Corporate Entrepreneurship (1 ECTS)
- Corporate Valuation (3 ECTS)
- Design Thinking (3 ECTS)
- Diversity & Inclusion (1 ECTS)
- Enterprise Risk Management (3 ECTS)
- Entrepreneurship (3ECTS)
- Fintech for Banking (1 ECTS)
- International Strategy (3 ECTS)
- Investor Relations (3 ECTS)
- Leadership: Crisis Management (1 ECTS)
- M&A and Restructuring (3 ECTS)
- Management Consulting (3 ECTS)
- Marketing, Research & Analytics (3 ECTS)
- Private Equity & Venture Capital (3 ECTS)
- Risk Hedging (3 ECTS)
- Sustainable Business Management (1 ECTS)
- Volunteer Work 2 (1 ECTS)
*A minimum number of participants is required to open each course every year.
Program Outcome
- Learning goal 1: LSB students will have internalized a value system where ethics and corporate social responsibility are important.
Objective: The students will be able to identify the problems of ethics and corporate social responsibility, as well as forecast the costs and benefits of good ethical conduct related to a company’s business. - Learning goal 2: LSB students will have the capacity for critical and analytical thinking.
Objective: The students will discover problems and offer possible solutions, as well as identify possible risks of a proposed solution. - Learning goal 3: LSB students will have the capacity for adaptation which is necessary for doing business in the global environment.
Objective: The students will identify key global trends in their discipline and discuss the influence of those trends on the entire activity of a company. - Learning goal 4: LSB students will communicate effectively in an appropriate way for management positions.
Objective: The students will develop communication skills needed in business, such as oral, written, and presentation skills together with the use of new technologies to communicate effectively. - Learning goal 5: LSB students will be able to understand how to motivate and influence others.
Objective: The students will identify an appropriate leadership approach to every context.
Program Tuition Fee
Career Opportunities
Career Development
The Master programs of Luxembourg School of Business are focused on Employability. Our Career Center maintains close relationships with companies both in Luxembourg as well as internationally. It provides comprehensive support and guidance to students and graduates in their career development. Our mission is to facilitate students’ transition from an academic environment into the professional world. This support is structured around a bespoke career development process: exploring, building, and action.
Career Development Process
Career Support
Personal Consultations:
One-to-one meetings are planned to understand each individual situation and prepare a well-suited plan to achieve the set goals. As each application is different – requirements vary. At the career center, you can discuss your personal career plans, get feedback on your application and clarify any open questions. Our career advisor will help you to develop the necessary skills so that students/alumni are able to fulfill the requirements of the application process competently.
Workshops and Coaching:
- Professional applications
- Job interviews
- Career planning
- CV, cover letter reviews
- Preparation for salary negotiations
- Networking
Visits of Companies and Recruiters
The Luxembourg School of Business also organizes company visits to allow students to gain an immersive experience in different industries.
Students are also invited to participate in Conferences at the Luxembourg School of Business held by CEOs or top leaders and network with experienced professionals in Luxembourg.
Faculty
Why study at Luxembourg School Of Business
School history and Accreditations
Created in 2014, LSB is Luxembourg’s first business school accredited by the Ministry of Research and Higher Education of the Grand-Duchy of Luxembourg.
National accreditations:
Luxembourg School of Business is accredited by the Luxembourg Ministry of Higher Education and Research. The accreditation applies to the entire institution as well as to the following degree programs:
- Bachelor in International Business (180 ECTS)
- Master of Business Administration (Weekend and Full-time formats) (60 ECTS)
- Master in Management (120 ECTS)
- Master in International Finance (120 ECTS)
Candidates attending LSB Bachelor or Master programs are eligible for student visas and work permit (after finishing their studies).
Links:
Ministerial decree accrediting the Master in Management program
Ministerial decree accrediting the Weekend-MBA program
International Accreditations
LSB is the only Luxembourgish institution that is a member of AACSB International. LSB is currently undergoing the accreditation process with AACSB.