Master in Management

Basic information

The demand for quality managers is constantly growing. Companies are focusing on those who would be able to operate successfully not only in the national market but also in an increasingly globalised economy. The expansion into international markets presents a challenge for companies requiring understanding, adaptation and best business practices and procedures for the market. A Master’s degree in Management will provide you with the necessary education to work in the managerial and strategic areas of a company. By studying with us, you will not only gain a top degree in business, but also the opportunity to focus on a career area that you find attractive.

Study a degree that will enable you to work in middle management or leadership positions. This program’s business focus and expertise will prepare you with what you need to face any business challenge. Regardless of your industry, you’ll be headed for great management positions internationally.

Program structure

The Master in Management focuses on the development of the whole person and involves proactive learning, diagnosis, experience and reflection to develop the business awareness, skills and knowledge required for a career in management. Students also gain a thorough understanding of key business functions such as marketing, finance, business analytics and strategy.

The degree programme in management has been designed to give students an insight into what it means to be a manager in today’s organisations, providing a pathway not only for those aspiring to a career in management but also for those who would like to consider progressing to a PhD programme.

Graduates of this programme can look forward to successful careers in middle and senior management in a range of organisations.

Study modules

Basics of management

  • Project Management

  • Strategic Management

  • Management across cultures

  • Financial Management

Corporate governance

  • Corporate Governance

  • Managerial accounting

Management skills

  • Management ethics

  • Leadership and team management

  • Business communication, negotiation and practices

  • Soft skills

Study information:

  • 8 - 12 months
  • English
  • On-line
  • € 4500
  • 60 ECTS


Students have access to an online library with more than 10,000 professional publications, books and professional papers.
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Graduated from the MiM programme at EIFM.
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Would recommend the MiM degree programme at EIFM.
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Is the average salary of a MiM graduate studying at EIFM.

Why study at EIFM

We want to be your guide on one of the most important journeys you will take in your life. A journey towards your personal growth, career improvement and fulfillment of your goals. Throughout this journey, we will do everything we can to ensure that you reach your full potential and get the most out of your studies at our Institute.

General overview

Our goal is lifelong learning. We are here to develop our students and provide them with up-to-date information, skills and knowledge to help them achieve their goals and ambitions in their personal and career lives.

Developing the entrepreneurial spirit

All our study programmes are designed to emphasise individualisation, the development of personal responsibility and an entrepreneurial spirit - key qualities that will give you a unique experience that will last a lifetime.

Effective teaching

The aim of our education is to prepare graduates to address contemporary economic, environmental and social challenges that impact society as a whole. We therefore provide our students with innovative and relevant knowledge and know-how that will develop their talents and take them to the next level.

Global reach

We are aiming not only at the national, but above all at the international level of education provided.  Students should be exposed to different ways of thinking and acting, be open to continuous learning and be familiar with global business trends.

Personal development

Our educational institution aims to develop and support globally minded individuals who want to become leaders in the world of business and innovation. All our study programmes are completely flexible and target students, their theoretical knowledge and subsequent practice.

Critical thinking

Sufficient knowledge and its critical evaluation is the path to freedom. We therefore instill in our students the critical thinking skills and creativity that will prepare them not only to anticipate, but more importantly, to meet the challenges they will be forced to face in today's global world.

Tuition fee

Are you ready to take the next step?

If you’re ready to take your career and personal life up a notch and want to get an education with an innovative and practical approach, don’t hesitate!

Tuition fee of the program:
€ 4500

The tuition fee for the MiM programme is € 4500. Payment can be made in one lump sum or spread over up to 5 interest-free instalments.

A first instalment of € 1000 is always required before the start of your studies. Tuition fees include study materials and access to all seminars or online lectures organised by the European Institute of Finance & Management.

5% discount
If the student decides to pay the tuition fee in one lump sum before starting his/her studies, a discount of 5% of the tuition fee will be applied additionally.

Admission procedure

There are no tests, exams or interviews as part of the admissions process. All you have to do is meet the study requirements, which are as follows for the MiM programme:

  • Completion of at least secondary education,
  • A CV with sufficient information about your education, volunteer experience, work experience, or extracurricular activities,
  • Motivation letter – In case the admissions committee has doubts about accepting you to study, they may require a motivation letter that should reflect your professional goals, strengths, focus, etc.
    If you are interested in studying, follow the steps below and start your journey to study at EIFM.



Our Career Services department is ready to provide the best opportunities for students to develop their personality, skills and abilities to achieve the best career. If interested, any student can contact our department during or after graduation.

Our colleagues are not only involved in various activities that connect our study institute with major national and multinational corporations, but also build partnerships with major companies or organizations so that we can subsequently offer diverse career opportunities to our students.

The Career Services staff offers students a range of personalized information, which may include a listing of top employers, trends and process in talent recruitment, statistics on average salaries and wages, or other thought-provoking information to help graduates choose the right career path.

Programme subjects

Corporate Governance

The aim of the Corporate Governance course is to provide students with a deeper understanding of the part of corporate law that deals with capital companies, in particular those whose securities are listed on a regulated market. Attention is paid in particular to the legal regulation and practice in connection with the issue of management and governance of a joint stock company.

Leadership and team management

Leadership and teamwork have a direct impact on an organization's ability to achieve its mission. Leadership is needed to make sure everyone on the team is moving in the same direction and working towards the same goal. This course introduces, explains, and explores how people work together to understand problems and opportunities and to invent, develop, and implement solutions together. It provides students with insights about themselves and others and how to work together effectively. By the end of the course, students will have the basic knowledge and skills to understand themselves and others, how to work in teams, and how to create, develop, and lead teams.

Managerial accounting

This course introduces students to current management accounting concepts and techniques. Major topics include the role of accountants in internal decision-making; tools used in the design and development of costing systems; the preparation of budgets and their role as a planning and control tool; other decision-making tools including pricing decisions, inventory and quality cost issues, and fraud. You'll learn how to use accounting to facilitate and align decision making for owners, managers, and employees, and how accountants create, organize, interpret, and communicate information that improves internal processes and enables organizations to identify and exploit opportunities to create value within the supply chain and with customers.

Business communication, negotiation and practices

Negotiation starts as soon as the day begins, in all of our interactions, whether work, social or family. This course is an opportunity to put into practice all the knowledge we have gained and to confirm that the negotiation process is dynamic and can always be improved. You will learn how to apply key negotiation skills and styles to conduct effective negotiations and reach satisfactory agreements, learn communication techniques that improve relationships and encourage cooperation between parties, and develop critical thinking skills to manage emotions and resolve conflicts constructively.

Project Management

This course introduces students to the basic concepts of project management and the skills needed to successfully initiate, lead, and implement beneficial projects in for-profit and non-profit organizations. Successful project managers skillfully manage their resources, schedules, risks, and scope to achieve the desired outcome. In this course, students will learn about project management through a hands-on approach with case studies. A key and often overlooked challenge for project managers is the ability to manage without influence - to gain stakeholder support and access to resources not directly under their control. Particular attention is paid to the critical success factors needed to overcome resistance to change. We discuss the causes of project failure and ways to mitigate risk through proper planning in the early stages of a new initiative.

Strategic Management

The Strategic Management course introduces students to the key concepts, tools and principles of strategy formulation and competitive analysis. It examines managerial decisions and actions that affect the performance and survival of business enterprises. It focuses on the information, analysis, organizational processes and skills, and business judgment that managers must use to design strategies, position their businesses, define firm boundaries, and maximize long-term profits under conditions of uncertainty and competition. The course brings together and develops all the ideas, concepts and theories from other subjects such as accounting, economics, finance, marketing, organisational behaviour and statistics.

Managerial ethics

Ethical dilemmas are encountered frequently in the workplace, in every function of an organisation and at every level. You will encounter such dilemmas in your current/future employment in any line of work. Knowing how to address them is critical to being able to take organizational and social responsibility as employees and managers... and feel good about the work you do. In this course, therefore, we will look at how organizations and the individuals within them can address ethical issues and dilemmas on a collective and personal level. We will also study the elements of ethical decision making, an overview of psychological aspects related to business ethics, and ethics in the global marketplace. We will focus on how you as employees or managers/future managers can make ethical decisions, skillfully manage ethical issues in the workplace, and help promote ethics in your organization, and will attempt to develop skills and techniques to do so.

Financial Management

This course focuses on financial management. We will show managers how to work with accounting and finance departments, helping them understand how companies meet their financial goals using financial decision making. The course will also explain financial tools and techniques that can be used to help firms maximize value by improving decisions related to capital budgeting, capital structure, and working capital management. You will also cover a range of related topics, including multinational financial management, risk management, and mergers and acquisitions.

Management across cultures

This course will enable you to understand the contextual knowledge, cross-cultural skills and diverse perspectives that are necessary to manage and work across borders and cultures in a changing global business environment. It offers conceptual frameworks for systematically understanding the concept of culture, cultural synergies and differences, and the convergence and divergence of cultural norms and values. Includes topics that highlight the influence of culture in the international business environment, examines research on the dimensions of culture, and considers implications for management. Specifically, topics include managing communication and interaction across cultures, negotiating across cultures, understanding cross-cultural ethics and corporate social responsibility, working in global teams, comparative leadership styles, and human resource requirements for global manager performance.

Soft skills

It is not enough to have the knowledge, i.e. to have it oneself, it must be effectively communicated to others. Effective communication is one of the keys to success. By successfully communicating our message, we effectively convey our thoughts and ideas. Soft skills are personal qualities that enable a person to communicate effectively and harmoniously with other people. This course serves students who need to develop the soft skills necessary for success and future employment and develops and cultivates positive relationships among faculty, staff, and the community.