Who is the Master’s in Controlling and Management (M.Sc.) at Euro-FH suitable for?
The part-time Master's degree in Controlling and Management is aimed at professionals working in finance, controllers as well as future managers who want to qualify for strategic leadership roles in controlling and management. It targets individuals who are already working in responsible positions or who intend to take on management responsibilities in the future – for example, as business partners in the finance sector, team leaders or junior managers. Board members and managing directors who want to expand their business management knowledge at an academic level also benefit from this degree programme. The programme is especially suitable for anyone who wishes to deepen their expertise strategically and actively shape the digital and financial transformation of companies.
What are the formal admission requirements for the Master’s degree?
To be admitted to the Controlling and Management (M.Sc.) programme you need:
- a completed, first degree at university level (e.g. Bachelor’s or Diploma)
- at least one year of relevant professional experience after completing your first degree
Applicants without a completed first degree can, under certain conditions, be admitted to the programme via a Master’s entry programme. A numerus clausus (NC) is not required. English skills are expected as some study materials or lectures may be in English.
Personal prerequisites for successfully completing the Master’s degree include strong analytical thinking, interest in business management contexts as well as a willingness to engage with current trends in controlling, digitalisation and financial management. You should be able to work independently and in a structured way, quickly grasp complex information and want to make data-driven decisions. Practical experience in economics or finance-related fields is helpful. Teamwork skills, communication skills and affinity for digital tools complete your competency profile.
What content can you expect in the Master’s programme in Controlling and Management?
In the Master’s degree Controlling and Management at Euro-FH, you will learn how to manage companies financially and strategically and take on central management tasks. The curriculum links theoretical fundamentals with practical skills and covers current topics such as digitisation, sustainable corporate development, and international standards. The main focuses of the degree programme include:
- Leadership & Performance Management: Development of leadership skills and performance control within companies
- Financial Business Development: Analysis and design of new business models from a financial perspective
- Financial Decision Making: Methods for preparing and implementing strategic financial decisions
- Strategic Corporate Planning & Financial Modeling: Development of long-term corporate strategies and construction of complex financial models
- Company Valuation & Mergers: Procedures and valuation techniques for companies and business units
- Business Process Management: Planning, controlling, and optimisation of operational processes
- ERP Systems (SAP): Practical IT knowledge for controlling and digitising central business processes
- Digital Transformation Assessment: Evaluation of digital trends and their impact on business models
Within the elective area, you can specialise in two out of eight specialisation areas, for example:
- International Accounting (IAS/IFRS)
- E-Business and Digital Business Processes
- Restructuring & Turnaround Management
- Innovation Management & Design Thinking
- Risk Management
- Sustainability Controlling
- Business Data Analysis
- Advanced Analytics (only in conjunction with Business Data Analysis)
You will acquire interdisciplinary skills in data management, project management, process management, and consulting competence. Furthermore, you will learn how to support management as a business partner in financial decisions and translate information into corporate practice.
How is the study process organised in the distance learning programme?
The programme is designed as a part-time distance learning course and offers you great flexibility in organisation and implementation. The start is possible at any time, with no fixed semester cycle. The main elements of the course structure are:
- Standard period of study: 18 or 24 months (full-time or part-time), free extension of 9 or 12 months is possible
- Self-study using didactically prepared study letters and multimedia learning content (text, audio, videos, interactive modules)
- Online campus for central organisation, exchange with lecturers, and access to digital resources
- Digital learning assistant KILEA: AI-supported assistance for individual learning
- Exams flexibly schedulable: monthly online or at exam centres throughout Germany
- 14 online seminars (approx. 40 teaching hours) to deepen important subject topics
- 6 days of presence classes (48 teaching hours) – often as compact block events, which can optionally be held online or on-site
- Depending on the elective module, possibly additional practical seminars (e.g. Innovation Management & Design Thinking)
The programme is specially tailored for working professionals and allows an individual learning pace. Euro-FH relies on personal support through student advisors and subject tutors as well as modern digital tools for assistance.
What career opportunities does the Master’s degree open up for you?
With the Master of Science in Controlling and Management, you open up excellent career prospects in almost all economic sectors. The qualification prepares you for demanding specialist and leadership positions in finance and controlling as well as adjacent management fields. Typical areas of deployment and activities include:
- Head of Controlling / Team Leader Controlling
- Business Partner of management
- Manager Finance & Enterprise Performance
- Project Manager in commercial or controlling contexts
- SAP application expert for finance and controlling
- Team Lead Management Reporting & Master Data Management
- Risk Manager or Specialist in Company Valuation
- Independent consulting in the field of controlling and management
With the specialisations you set individually, you can for example focus on International Accounting, Restructuring and Turnaround Management or Data Analytics and target leadership careers or expert roles. The programme prepares you to prepare strategic decisions, manage change processes, and prepare companies and organisations for the demanding challenges of digitisation and globalisation.
Where and how does the programme take place?
The distance learning programme in Controlling and Management at Euro-FH can be completed 100% online. You benefit from a location-independent study organisation and can use learning materials, webinars, online seminars, and exams flexibly from any location. Key features of the study location include:
- Online campus: access to all learning materials, communication platform, online libraries, and digital tools
- Exams: possible monthly online or at one of ten nationwide exam centres
- On-site seminars optionally virtual or on-site, focusing on compact block events
- Complete programme without permanent attendance requirement at the university location
Support is provided digitally and individually by Euro-FH in Hamburg. The university offers a modern learning environment with innovative aids such as AI-supported learning assistance, thus guaranteeing maximum flexibility for working professionals, parents, and persons with changing residence.
What tuition fees and financing options should you expect?
The tuition fees for the Master’s degree programme in Controlling and Management at Euro-FH are €495 per month for the 24-month option, amounting to €11,880 in total. In the shorter 18-month model, the monthly instalments are somewhat higher. The university regularly offers discounts and promotions to achieve cost savings (for example, promotional discounts of up to €1,333 are occasionally possible).
- Flexible instalment payments and various payment models selectable
- Tuition-free extension of the study period by up to 50%
- Individual funding options: e.g. continuing education grants, education premium, tax deductibility, possibly ESF funding programmes
- Recognition of prior achievements can reduce total costs
- Funding by employers, education loans, or support through education vouchers possible
You can have personal payment terms and discounts checked individually at the start of your studies. Euro-FH also supports you in finding suitable funding and recognising already completed academic or professional achievements.
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