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Part-Time Masters in International Strategic Management & Consulting


Part-Time Master's Degree in Strategic Management & Consulting (M.Sc.) in Germany

Masters in Management Consulting: A Guide to Corporate Development

It is often a critical view from outside that reveals new opportunities: management consultants are usually hired when an organisation has reached its limits. As external or internal partners, they develop suitable growth strategies, optimize processes or initiate a complete reorientation. The diversity of their projects and their insight into different corporate cultures make the consulting industry ideal for managers who want a steep learning curve.

What will you learn in the part-time management consulting master's degree?

In the part-time master's “International Strategic Management & Consulting” you will learn the specialized knowledge to evaluate risks and potentials of business decisions. Already during your studies, you apply these skills in a Business Simulation Game. Your studies will be rounded off by a Business Skills course as well as a number of other courses.

Flexibility, decisiveness, and high professional competence are only three characteristics of successful consultants. In order to carry out an inventory within the shortest possible time, you need profound specialist knowledge in all areas of business administration. With the part-time master’s degree “International Strategic Management & Consulting” you will acquire the tools to successfully master these challenges.

Start of Studies
Study Fee*
3.210 €
All facts in detail + -
  • Language English
  • Type of Study Part-time
  • Degree Master of Science
  • Start of Studies Winter Cologne

Study Course Plan

Some information about the study plan for the study programme Masters in Strategic Management:

General business teaching units

Business Economics3 ECTS ? !
  • Analysis of demand, supply, and market equilibrium

  • Theory of consumer choice

  • Theory of the firm, production and cost analysis

  • Market structures: perfect competition, monopoly, monopolistic competition, oligopoly, contestable markets

  • Game theory

  • Pricing strategies

  • Factor markets, labor economics

  • Economics of information

  • Industrial organization

  • Limitations of markets and interventions by the government

  • Econometric techniques related to these topics

Empirical Research Methods3 ECTS ? !
  • Development of a research question

  • Primary vs. secondary data

  • Steps of research process

  • Research designs

  • Quantitative and qualitative data

  • Structured methods of data collection: questionnaire and structured interview

  • Un- and semi-structured methods: qualitative interview and focus group

  • Quantitative and qualitative content analysis

  • Ethical considerations of data collection

  • Sampling

  • Data analysis using statistical software programs (SPSS)

  • Univariate analysis, bivariate analysis (crosstab and correlation), multiple linear regression

  • Writing a research report – structural and other formal requirements

Strategic Analysis & Management3 ECTS ? !
  •  Strategy making process and strategic reasoning: cognitive process of strategy 
    creation through the prism of logic and intuition

  • Setting strategic purpose in the context of responsible stakeholder management

  • Advanced external environment analysis: markets, industries and competitive 
    landscapes in static and dynamic perspective in the domestic and international 

  • Diagnosing and managing strategic capability through national borders over time

  • Cultural and institutional context of strategic management: concepts, frameworks 
    and analytical tools

  • Generic and interactive business strategies, inside-out and outside-in perspective on 
    achieving and sustaining competitive advantage internationally

  • Network-level strategies

  • Corporate development and configuration: strategic options and portfolio matrices

  • Strategy formation

  • Strategic change and corporate restructuring

  • Strategic renewal

  • Strategy evaluation and strategic controls: tools and methods

  • Organizing for success

Innovation Management & Digital Transformation3 ECTS ? !
  • Diagnosing the change context: diffusion and dynamics of innovation 

  • Sources & types of innovation

  • Product/service, process & business model innovation

  • Individual and corporate creativity

  • Strategic innovation management & the innovation process incl. New Product Development (NPD)

  • Introduction to digitalization, digital age & digital divide

  • Digital drivers & disruptive forces

  • Technological drivers of digital transformation

  • Socio-technological change associated with the adoption of the mentioned drivers

  • Introduction to the digital organization & digital business models

  • Impact of digitalization on the value chain (Industry 4.0)

  • Digitalization-related innovation theories & technology management

  • Digitalization leadership & organisational transformation concepts

  • Change management & transformational leadership

  • Agility and VUCA world

  • SCRUM and Design Thinking

Programme specific teaching units

Consulting Techniques3 ECTS ? !
  • Management consulting as a management activity

  • Management consulting as an industry and profession: areas, history, development in the era of globalization

  • Controversies and ethics of management consulting

  • Consulting engagement as problem solving exercise

  • Analytical and interactive data processing and forecasting methods

  • Analytical problem solving approaches and techniques

  • Creative approaches to problem solving and decision making

  • Evidence-based decision making methods

  • Structured and logical report writing techniques

  • Effective communication techniques

Evidence-Based Problem Solving - CaseLab3 ECTS ? !
  • Strategy process

  • Strategic thinking

  • Strategy formation

  • Strategic content and context

  • Organizational context

  • Industry context

Interdisciplinary competencies

International Project Management2 ECTS ? !
  • Social competence: Communication, motivation, groups and team structures, leadership, conflict management

  • Methodological competence: Structural aspects, time management, cost management, human resource management, creativity and problem solving

  • Organisational competence: Quality management, documentation, risk management, project start and closure

General business teaching units

Corporate Social Responsibility3 ECTS ? !
  • Cornerstones of sustainable management

  • CSR as management approach

  • Practical approaches of organizational effectiveness

  • Tools for CSR implementation

  • CSR and financial performance

  • Life cycle assessment

Corporate Governance3 ECTS ? !
  • Historical developments around the world

  • Directors and board structures in different parts of the world

  • Family business governance

  • Role of institutional investors

  • Corporate governance in mergers and acquisitions

  • Socially responsible investments

  • Corporate governance in different regions

Value Based Management3 ECTS ? !
  • Value maximization and corporate objectives, shareholder value and stakeholder value approach

  • Financial measurement of corporate strategies and competitive advantage: the principles

  • Shortcomings of traditional profitability ratios for a value-based management

  • Economic Value Added, Cash Value Added

  • Identifying the drivers of value creation and investment decision-making

  • Management compensation and incentives for value creation

Sustainable Supply Chain Management3 ECTS ? !
  • Defining the state of a sustainable supply chain based on actual trends

  • Discussion of various theoretical concepts (e.g. Stakeholder Theory, Slack Resource Theory) and their implications for sustainable supply chain management

  • Defining a “New Normal” of how to do business (e.g. circular economy, regenerative business models, carbon literacy training)

  • Sustainable Marketing (definition, Green Marketing Strategy Mix, Green Washing and Sustainable Consumer Buying Behaviour)

  • Sustainable Procurement (definition, Sustainable Procurement Process Model with a focus on sustainable supplier relationship management; new trends like circular procurement)

  • Sustainable Logistics

  • Sustainable Design

  • Carbon Emission / Human Rights in global supply chains

Programme specific teaching units

Strategic Investment Decision & Risk Management3 ECTS ? !
  • Investment decisions under conditions of uncertainty

  • Types of Investments and disinvestments

  • Investment Decisions under capital constraints

  • Strategic Analysis of selected investment decisions

  • Funding Decisions

  • Financial Distress

Experience Lab: Search Engine Marketing3 ECTS ? !
  • Introduction: definition

  • Search Engine Optimization / SEO

  • Keyword research

  • On-page SEO

  • Web analytics and SEO tools

  • Search Engine Advertising/ SEA

  • Campaign settings 

Elective area

Business Elective3 ECTS ? !

A business elective is a business or management-related elective course.By choosing Business Electives in the second and third semester you can personalize your degree course and extend your management knowledge.

Interdisciplinary competencies

Assessment Center Bootcamp2 ECTS ? !
  • Consulting Industry: Sector Overview Company Profiles – Job Opportunities and Consulting Careers

  • Job profile: Characteristics of capabilities and skills needed as a consultant

  • Job application and interview training

  • Consulting (mini) case study training

  • Framework for processing case studies

  • Brain Teaser Training

  • Case Simulation (Individual and Group Cases)

Programme specific teaching units

Strategic Renewal & Digital Business Models3 ECTS ? !
  • Corporate strategy

  • Development of a corporate strategic concept

  • Corporate strategy evaluation and development of strategic options

  • Emergent and prescriptive approaches

Applied M&A & Restructuring3 ECTS ? !
  • Corporate strategy evaluation and development of strategic options

  • Emergent and prescriptive approaches

  • Gap closing strategies

  • Buy strategies: Mergers and Acquisitions

  • Build strategies: Strategic renewal, organic corporate development strategies

  • Ally strategies

Industry 4.0 & System Engineering3 ECTS ? !
  • Innovative concepts, technologies and systems which are required for Industry 4.0

  • Use cases (Digital Twin, Predictive Maintenance, Condition Monitoring ) for Industry 4.0

  • Maturity and Readiness Model for Industry 4.0 Strategy

  • Business models in Industry 4.0

  • Systems analysis, systems design, systems architecture

Environmental Impact Management and Marketing3 ECTS ? !
  • Historical developments and environmental policies: Evolution and role of industrial ecology and environmental management

  • The transition from a linear to a circular economic system

  • Industrial Metabolism, Dematerialization, Cradle to Cradle (C2C) & Circular Economy

  • Life-Cycle-Impact Portfolio and Life-Cycle-Assessment: Stages of LCA process, interconnectedness to supply chain

Business Project6 ECTS ? !

The overall objective of this course is to provide students with possibility of applying their business knowledge on concrete business situation, related to the field of their specialization.

By the end of the module students should be able to:

  • Define project goals for the “client”.

  • Work under the set timeframe and agreed project scope.

  • Cooperate in the international project teams.

  • Evaluate markets/ industries/ competitive landscapes.

  • Develop possible strategic directions for the “client” business.

  • Formulate recommendations.

Elective area

Business Elective3 ECTS ? !

A business elective is a business or management-related elective course.By choosing Business Electives in the second and third semester you can personalize your degree course and extend your management knowledge.

Interdisciplinary Elective3 ECTS ? !

By choosing Interdisciplinary Electives in the second and third semester you can personalize your degree course and extend your management knowledge. An interdisciplinary elective is an elective from another discipline than your own specialization.

Programme specific teaching units

Data Science3 ECTS ? !
  • Machine learning, AI and neural networks

  • Information visualization

  • Big Data and statistical methods for big data analysis

  • Data mining

  • Database systems (e.g Hadoop, Kubernetes)

Business Intelligence3 ECTS ? !
  • Introduction in Business Intelligence

  • KPIs and Dashboards

  • Report definitions

  • Multidimensional Modeling

  • OLAP

  • Data warehouses within a company infrastructure

  • Interfaces and ETL

  • BI Software Products

Venture Lab4 ECTS ? !
  • Discovering and evaluating entrepreneurial opportunities

  • Developing business ideas from opportunities (e.g. based on using Design Thinking, Personas and User Stories).

  • Feasibility analysis of business ideas

  • Transferring the idea into a Business Model

  • Business Model and its building blocks (value proposition, customers segments, channels, customer relationships, revenue model, key partners, key activities, key resources, cost structure)

  • Business Plan: Introduction, Sample Case and General Outline

  • Developing the details of the business plan

  • Finding sources of financing: Business angels; Private equity; Start up financing; Venture capital investors

  • Preparing a pitch deck for successfully presenting the new venture business plan

Integrative Case Studies3 ECTS ? !
  • Focused review of the curriculum content

  • Pre-assessment quiz/ content area assessment as benchmark for students’ status quo

  • Guide and Strategic Plan to Case Study Analysis

  • Writing a proper Case Study Analysis report

  • Developing proper answers to Case questions, applying the relevant theoretical knowledge and frameworks

  • In-depth Case Study Analysis with focus all subject areas of the curriculum

  • In-depth Case Study Analysis with special focus on Strategic Management

Business Simulation Game3 ECTS ? !

In a business simulation game participants have to manage their own virtual company which operates in the same market as other participant-operated competitors. This involves making typical management decisions in realistic environments. Beside the deepening and active examination of subject-specific knowledge the simulation games also include the team environment, where interaction, communication and prioritization are of paramount importance. Participants learn how to manage risk and uncertainty while time is limited and information constrained. Group-reflections help to take over different perspectives and to discuss pros and cons of content- as well as behavior-related actions.

Master Thesis Tutorial2 ECTS ? !

During the Master Thesis Tutorial you will learn the fundamentals for your Master thesis: Defining the topic as well as structuring the thesis and you will learn the theoretical knowledge for scientific working.

Elective area

Interdisciplinary Elective3 ECTS ? !

By choosing Interdisciplinary Electives in the second and third semester you can personalize your degree course and extend your management knowledge. An interdisciplinary elective is an elective from another discipline than your own specialization.

Interdisciplinary competencies

Event Management (Ted Talk) Seminar2 ECTS ? !
  • Basics of event management

  • Objective of the event and different types of events

  • The event as a marketing and communication tool

  • Planning and preparation

  • Event execution

  • Tasks and role of the event manager

  • Choosing the right venue

  • Personnel selection

Programme specific teaching units

Master Thesis28 ECTS ? !

During your 5th semester you are working on your Master thesis, the subject is freely selectable. A supervisor from CBS will support you and you can write the thesis in collaboration with a company as well. Or you can write your thesis in connection with a stay abroad.

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Build up your expertise with a graduate degree


Graduate as a young expert in international strategic management & consulting

Proven methods and strategies ensure that consultants can work faster and more efficiently. In the first two semesters at CBS International Business School you will get to know these methods in seminars such as “Strategic Analysis and Management”, “Consulting Techniques” and “Evidence-based problem solving – CaseLab”.

Accompanying the strategic relaunch

Change processes in companies usually encounter resistance, even though opportunities often lie in change. Consultants give their clients the security they need on their way to restructuring or mergers. Therefore, the focus of the third semester is on the topic of “restarting a company”. From the fourth semester onwards, you will also deal with the challenges of organisational structures and development and take part in a business simulation game with your fellow students. You complete your studies with a master thesis in the fifth semester.

Learning by doing

Security in customer consulting cannot be studied – it must be obtained in real life. During your part-time master’s degree, you will have the opportunity to participate in a Business Project and a Capstone Simulation Game. Our lecturers will also give you an authentic picture of the profession and have a large network of industry representatives at their disposal through their practical experience.

What are the requirements for the part-time masters in management consulting?

Graduates with a bachelor’s degree in economics can apply for a place in the part-time master’s degree “International Strategic Management & Consulting”. Advanced English language skills are a requirement for English-language courses.

Stepping stone to top employers

Whether a big international corporation, medium-sized company, or small start-up. The part-time master's degree in “International Strategic Management & Consulting,” gives you plenty of opportunities to kick start your career in strategic management consulting.

This is what our students say

Philip Kollmann
Project Manager
Wayne´s Coffee

"Especially the soft skill courses have been of great help for my performance in job interviews. Through my work in the Finance and Business Club I have built up a broad network and acquired project management skills that have enabled me to score points with companies."

Katrin Rieger
Bereichsdirektorin Reisevertrieb Deutschland / Vice President Sales
HanseMerkur Krankenversicherung

"The practical learning in small groups prepared me optimally for today's project and team work. The CBS provided me with the decisive soft skills and current knowledge from the world of business."

Christopher Rosenbaum
Ernst & Young GmbH

"The Management Studies programme prepares you thoroughly for the tasks of a consultant. In particular, the development of presentation techniques as well as analytical thinking is of enormous importance in the everyday life of a consultant."

Oliver Kiderle
EMEA Regional Product Expert
Google Inc.

"The focus on internationality and practical skills have had a very positive influence on my development at Google. Especially the structured and very versatile project work, which is often found at a private school, was extremely helpful."

Kalle Kenkel
Commercial Excellence Manager
GE Healthcare

"My studies at CBS prepared me for a career in today's dynamic, global work environment. As one's origin and physical location become less and less decisive, it has become increasingly important to have a multinational network and adapt quickly to various cultures and environments."

Neil Jordaan
Global Digital Content Manager

"Many professors shared their professional business experience with us in class and were able to illustrate dry theory with practical examples. I also enjoyed the international atmosphere on campus."

Patrick Stein
Head of Human Resources
Boston Consulting Group

"The strongly practice-oriented studies and the international orientation of the CBS, as well as the lectures held in English, were an absolutely necessary basis for starting a career with a renowned, international company."

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