Master of Business Administration and Economics – Risk Management
Photo: Jakob Studnar
Part-time Distance Learning
In a world torn by constant crises, it is crucial for companies and institutions to accurately assess risks and minimize their impact. Risk managers have the necessary technical and methodological knowledge to analyze and assess risks, to deal with them in a conscious and calculated manner, or to avoid them wherever possible. Study for a master’s degree in Business Administration and Economics – Risk Management at the FernUniversität in Hagen via distance learning and expand your professional horizons!
Master of Business Administration and Economics – Risk Management: Course Content
From delays and failures in the supply chain to financial and currency crises: Today, companies, financial institutions and public bodies are faced with a multitude of potential risks that can impair their economic success. The task of risk management is to identify, analyze and evaluate these and to find suitable measures to reduce or avoid them.
In the Risk Management field of the master’s degree program in Economics, you will build up a comprehensive understanding of risk management based on your experience from your previous degree in economics. You will acquire skills that will enable you to analyze the causes and effects of risks and learn how to develop and implement measures for handling risk events. To this end, the course consists of a compulsory part, which familiarizes you with topics such as finance and risk management in supply chains, and a compulsory elective part. In the latter, you are largely free to choose from a range of course-specific and general business administration, economics, quantitative and legal modules. In this way, you can tailor your studies even more closely to your professional interests and ideas.
Student Testimonial on the M.Sc. Business Administration and Economics – Risk Management
Photo: Daniel Ruf
“I can apply the things I’m learning at FernUni every day in my job.”
Daniel Ruf, M.Sc. Business Administration and EconomicsFind out more
Career Prospects as a Master of Risk Management
Successful completion of the master’s degree program in Business Administration and Economics with a specialization in Risk Management enables you to take on a wide range of tasks in companies, consulting and the public sector. The typical areas of responsibility of a graduate of this degree program include:
- General risk management
- Credit, interest rate and market risk management
- Exchange rate risk management
- Supply chain risk management
- Group controlling
- Auditing
- Advice Services
Of course, a master’s degree in Business Administration and Economics with a focus on Risk Management also opens the door to a career in research and teaching. The next step would be a doctorate.
Profile of the Master’s Degree in Business Administration and Economics – Risk Management
| Degree: | Master of Science (M.Sc.) |
| Type of study | Full-time study, part-time study, part-time distance learning (further education/continuing education), professional qualification with elements of classroom study and online study |
| Study duration: | 4 semesters full-time, part-time studies can be arranged to suit your circumstances |
| Scope: | 120 credit points (ECTS) |
| Start of studies: | Summer semester (April 1) or winter semester (October 1) |
| Enrollment deadlines: | 1 December to 31 January (for the summer semester) 1 June to 31 July (for the winter semester) |
| Costs: | Approx. €1,200 total costs for a full-time course in the standard study period. For part-time studies or a personalized period of study, the total costs increase by a further 60 euros basic fee per semester (plus student body contribution) |
| Certificates | It is also possible to obtain a certificate in this degree program. |
Your benefits at a glance
- Maximum flexibility: You adapt your studies to fit your life – not the other way around.
- Recognized degree: the state-run FernUniversität in Hagen has been offering education at an academic level for around 50 years.
- Good support: The faculties at the FernUniversität in Hagen are particularly committed to providing students with intensive support during their studies.
- Good-value further education: There are no hidden costs involved with distance learning at the FernUniversität in Hagen. You always have full transparency.
- Location-independent & plannable: Modern, digital learning formats, study documents sent by post and much more. The dates for the (few) on-campus events are set well in advance. The campus locations are spread throughout Germany making them easily accessible for everyone.
Want to Know More?
Would you like to find out more about the master’s degree in Business Administration and Economics – Risk Management as a (part-time) distance-learning course? Then take a look at the degree program web page provided by the Faculty of Business Administration and Economics. Here you will find further information on the structure of the course, the specific course content and the admission requirements.
Things You Should Know about the FernUniversität in Hagen
You can find answers to the most important questions and basic information about studying at the FernUniversität in Hagen here:
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In terms of student numbers, the FernUniversität in Hagen is the largest state university in Germany . And it is the only state-run distance learning university. FernUni students can obtain an internationally recognized bachelor’s or master’s degree. Compact certificates complement our range. The flexible study system allows you to adapt your studies to suit your life situation. That's why we are exactly the right choice for the following people:
- Working professionals
- People bringing up families
- High school graduates
- Potential students with no high school diploma
- People with disabilities or chronic illnesses
- Students abroad
- Schoolchildren
- Competitive athletes
- Refugees
- Studying While Incarcerated
- Servicemen and women in the Armed Forces
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No doubt, you have many questions: How does distance learning work? How do I learn? In what format are the exams held? When can I start studying? All the answers are gathered here for our students:
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The Student Advice Service will help you make your decision about what to study at the FernUniversität. Here you will also find further information on how to organize your distance learning course.
If you have any specific questions about the master’s degree in Business Administration and Economics you can ask the faculty’s Student Advisory Service directly:
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You can find out more about the requirements for any degree program by visiting the website of the relevant faculty. For more information about the master’s degree program, please contact the Faculty of Business Administration and Economics.
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You can find all the relevant information on enrollment at the FernUniversität in Hagen listed here:
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You can find advice and support close to your home at many locations in Germany, Austria, Hungary, and Switzerland. We also believe that helping students to network with other students is of key importance for later success.
