MBA Degree

Master of Business Administration   

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Small country - big business: Luxembourg has a highly dynamic and exceptionally international economy. The country already exports over 85% of its production. There is consequently a high level of demand for managers with international management skills - leaders who, with their knowledge of the complexity of global markets, make sound, forward-looking entrepreneurial decisions, can responsibly manage multicultural teams and successfully represent the interests of their company in an international environment. The Master degree course in Business Administration teaches you these skills.  



The MBA programme was especially developed for students with a Bachelor degree in a non-economical field who wish to supplement their specialist knowledge with a generalist business expertise. In addition to offering a thorough understanding of applied economics, the MBA also focuses on the development of leadership qualities such as motivational and communication skills. In this four-semester programme, you will take an in-depth look at issues relating to strategic management and sharpen your understanding of the different operative areas such as finance, law, human resources and marketing as well as international relations. After four semesters, you will complete your studies with the accredited academic degree Master of Business Administration (MBA).

1st Semester

Crash Courses

  • Crash Course Business Administration

  • Crash Course Methodology

  • Crash Course Law


  • Factor Markets

  • Market Failure

  • Unemployment and Inflation

  • Policy Approaches

  • International Trade


  • The Role of Marketing

  • Market Analysis

  • Marketing Objectives and Strategies

  • Target Groups

Human Resources Management

  • General Framework of Human Resource Management

  • Corporate Culture

  • Organisation Theory

  • Motivation Theory

Financial Management

  • Objectives in Financial Management

  • Stakeholder vs. Shareholder Management

  • Ethical Aspects in Financial Management and Corporate Governance

  • Financial Planning

2nd Semester 

Strategic Corporate Management

  • Strategic Analysis

  • Theoretic Approaches

  • Strategic Formulation

  • Choices and Implementation

  • Different Strategic Contexts

Soft Skills and Leadership Qualities

  • Role of Managers

  • Rhetoric and Negotiation Skills

  • Presentation and Moderation Skills

  • Leadership and Motivation Theories

  • Leading Skills

Research Methods

  • Organisation and Management

  • Research

  • Research Strategy and Design

  • Questionnaire and Survey Design and Sampling Techniques

  • Analysis of Quantitative Data

Business Law

  • Civil Law

  • Commercial Law

  • General Terms and Conditions

  • Trade Law

  • Labour Law

  • International Legal Systems

3rd Semester 

Management Decision-Making

  • Decision-Making Techniques

  • Rational and Intuitive Decision Models

  • Information Requirements and Information Management

  • Managing Risk and Uncertainty

International Investment and Controlling

  • Controlling Methods

  • Requirements in IFRS

  • SWOT Software Tool: Analysis, Finance Planning

  • Reports on Cash Flow and Balance Sheet


International Strategy and Sales Management

  • Sales Goals

  • Structure

  • Organisation, Personal and Team Selling (Negotiation Skills)

  • Selection and Management of Distribution

International Entrepreneurship

  • Business Plan

  • International Business Activities

  • Financial Planning

  • International Controlling and Implementation of Management Systems

4th Semester 

Master Thesis


Project Seminar on the Master Thesis  


(1) Further fields of specialisation

  • Finance

  • Process & Change Management

  • Project & Contract Management

I am currently pursuing a master’s degree at the ISEC after having finished my Bachelor degree. The ISEC MBA is the most challenging academic effort I have to accomplish but also the most rewarding as it enables me to get a much deeper understanding of how to contribute to a company‘s success. The skills and experiences we acquire throughout the programme will give us – students - the right mind set and confidence to face any challenge we might encounter in the future. Most importantly, I have added life-long friends. Pursuing the MBA at the ISEC is the best option for professionals who wish to continue their academic education while keeping their daytime job.

  Diana Pereira Dias

  Real estate agent at CASAvitae SARL

At a glance


  • University degree (e.g. Bachelor)

  • at least one year of professional experience following your first degree

  • current employment

  • proof of English (level C1) 

Workload: 120 credit points (ECTS)

Duration: 4 semesters

Start of the Course: September of each year

Semester Break: August and Christmas breaks

Tuition Fees: €12,480, payable in 24 monthly instalments of €520, plus an enrolment fee of €1,580 and an examination fee of €350 at the end of your studies; total fees €14,410. The tuition fees may under certain circumstances be tax deductible. Contact your accountant or tax office.

Schedules: Classes in the evenings and on Saturdays

Further information: Partial recognition of course modules and/or admission to postgraduate programmes can be requested in accordance with the VAE (validation des acquis de l‘expérience, acknowledgement of prior learning).

Subject to change