HSG Masters PDF

School of Management, Economics, Law, Social Sciences and International Affairs
e Finan cial T Ranki imes ng
Topranke d in th
International Masters programmes from Switzerlands leading business university

Marketing, Services and Communication Management Banking and Finance Strategy and International Management Economics Quantitative Economics and Finance International Affairs and Governance
www.unisg.ch
University of St.Gallen (HSG): degree courses

The Masters programmes of the University of St.Gallen are postgraduate programmes of a consecutive nature, i.e. only students holding a recognised Bachelors degree in the same or a similar major are admitted. Students with a Licentiates or Masters degree in a different major can also be admitted.
Undergraduate studies leading to the degree of
Bachelor of Arts HSG (B.A. HSG) Business Administration Economics International Affairs Law Law and Economics Master of Arts HSG (M.A. HSG) Information, Media and Technology Management Marketing, Services and Communication Management Accounting and Finance Banking and Finance Strategy and International Management Business Management Economics Quantitative Economics and Finance International Affairs and Governance Law Law and Economics Organization Studies and Cultural Theory Ph.D. Programmes Management (several areas of specialisation) Economics and Finance International Affairs and Political Economy Organization Studies and Cultural Theory Law Executive School Full- and part-time MBA Several Executive MBAs
Programme language German German German German German
Postgraduate programmes leading to the degree of
German English or German German English English German English or German English English or German German German German
English or German English English or German English or German German
Title page: Prof. Dr. Christian Keuschnigg in a lively discussion with students of the Masters in Economics and the Masters in Quantitative Economics and Finance.
English English or German
This brochure focuses on the 6 English-language Masters programmes. Please consult our website for brochures and information about the other programmes.
www.unisg.ch
www.unisg.ch
Table of contents
University of St.Gallen (HSG): degree courses Welcome to the HSG The University of St.Gallen (HSG) Living in Switzerland Living in St.Gallen Master of Arts HSG in Marketing, Services and Communication Management Master of Arts HSG in Banking and Finance Master of Arts HSG in Strategy and International Management Master of Arts HSG in Economics Master of Arts HSG in Quantitative Economics and Finance Master of Arts HSG in International Affairs and Governance International orientation Double degree programmes Student commitment Career perspectives Financial information Academic calendar and application process Rankings and accreditations 2 5 6 10 13 15 21 27 33 39 45 50 52 57 59 62 64 66
www.unisg.ch
Internationality, rigour and relevance as well as an integrative view have been characteristics of the HSG ever since its establishment more than a century ago.
Prof. Dr. Thomas Bieger, President (second from left)
www.unisg.ch
Dear Candidate,
Welcome to the University of St.Gallen (HSG)
It is my great pleasure to introduce the University of St.Gallen, also known as the HSG, to you. Our vision says: As one of Europes leading business universities, we are recognised globally as a place for thought leadership on current economic, business, and societal matters and for the development of talent able to integrate perspectives and act both entrepreneurially and responsibly. Accordingly, studies at the HSG have a specific profile:
sponsorships thanks to its good relations with trade and industry.
In demand on the labour market

The HSG is Switzerlands business university with the strongest placement results. Graduates may expect top-level starting salaries and the Universitys Career Services Center supports them upon their entry into the labour market.
Unique academic profile

The academic profile at the University of St.Gallen meets the highest academic standards. Our aim is to foster both the academic and the personal development of students by providing an education based on a humanist approach.
Worldwide HSG Alumni network

The HSG Alumni association consists of more than 19,000 members in 100 clubs on 5 continents.
Rankings and accreditations

The HSG is constantly ranked amongst the top business universities in Europe. In the Financial Times Global Masters in Management Ranking 2011 we are in 1st place with the Master in Strategy and International Management and in 2nd place with the CEMS Master in International Management. Our Master in Banking and Finance is ranked 12th in the Financial Times Masters in Finance Ranking 2011. In addition, the HSG has enhanced its reputation with the EQUIS and AACSB International accreditations. This brochure will give you a more detailed insight into our University and our Masters programmes. I would be pleased if I could welcome you at the HSG soon.
Sustainability and responsibility

Our students learn to think critically, make decisions responsibly and act flexibly. With these skills and an integrative mind-set, they will be able to assume a lasting and sustainable position of responsibility in society.
Genuine internationality
The HSG is linked up with 150 partner universities worldwide and offers exchange and double degree programmes. At the same time, we are part of the CEMS, PIM and APSIA networks. 34% of students come from foreign countries, from a total of 80 nations worldwide.
Tuition fees
Contrary to general opinion, tuition fees are rather low in Switzerland. The reason for this is because the lions share of the actual costs is subsidised by the Swiss Confederation and the cantons. In addition, the HSG benefits from numerous
Prof. Dr. Thomas Bieger

President of the University of St.Gallen (HSG)
www.unisg.ch
The University of St.Gallen (HSG)
The University of St.Gallen (HSG) was founded as a Business Academy in 1898in the heyday of St.Gallen embroidery and offered its first lectures in 1899. We continue to pursue the goal of providing our more than 7,000 students with a practice-oriented education, guided by an integrative view of management, economics, law, social sciences and international affairs. With success: the University of St.Gallen has constantly been ranked among the top business schools in Europe. Accreditations by EQUIS and AACSB International underline our commitment to a holistic curriculum that meets the highest academic standards. The HSG aims to develop students both in professional and personal terms by providing them with an education along humanist lines.
Contact studies
Contact studies consist of lectures and seminars in small groups. Students have to attend programme-specific compulsory courses, core electives and independent electives. Independent electives can be selected from the students own Masters programmes or from other programmes. Thus our students have the opportunity to acquire additional knowledge in other fields of interest.
Independent studies
Independent studies are multimedia-supported and interactive, and they reinforce students personal responsibility. In terms of subject matter, they complement contact studies.
Contextual studies The academic profile

The HSGs course structure consists of three pillars and three levels. The three levels stand for the Assessment Level, the Bachelors Level and the Masters Level. Besides these three academic levels, courses consist of three didactic, subjectrelated pillars of contact studies, independent studies and contextual studies. With this model, the HSG satisfies the demands of society and the economy for graduates with intellectual flexibility and intercultural qualifications. Contextual studies consist of courses in cultural awareness, leadership skills and critical thinking, and they complement specialised education with well-founded personality formation.
Masters thesis
To complete a Masters degree, students must write a thesis worth 18 ECTS. The topics of the Masters thesis may derive from any constituent of the Masters degree courses.
Research
Research at the University of St.Gallen is centred around the 40 institutes and research centres, which are an integral part of the University. The directors of the institutes double as HSG
www.unisg.ch
professors. Bringing theory and practice together, the institutes provide an important input for teaching at the University and play a significant role in furthering the careers of young academics. Our more than 80 tenured professors, 80 assistant professors and senior lecturers, more than 400 lecturers and assistants and distinguished visiting professors cultivate the scientific discourse with our students.
Master in International Manage ment. Our Master in Banking and Finance is ranked 12th in the Financial Times Masters in Finance Ranking. Additionally, the CHE Ranking awards good grades to the HSG, placing it in the top group in German-speaking Europe. The HSG has earned the EQUIS (2001) and AACSB (2003) accreditations and consequently has obtained the two most demanding international seals of approval for business schools. These two awards are evidence of the high standard of education, which is internationally recognised, as well as the HSGs excellent quality of service on campus. www.rankings.unisg.ch
Executive education
The institutes do not only stand for excellence in research, but offer consulting services and act as leading providers of executive education in German-speaking Europe. As such, the portfolio of study options is completed by a full- and parttime MBA and several Executive MBA programmes. www.es.unisg.ch
Campus
The Campus of the University of St.Gallen (HSG) is situated

In the Financial Times Global Masters in Management Ranking we are in 1st place with the Master in Strategy and International Management and in 2nd place with the CEMS
on a hill on the outskirts of the City of St.Gallen. The town centre can be reached on foot in about 15 minutes. Our Campus offers a beautiful view of the Alps and of Lake Constance.
www.unisg.ch
The academic structure at the University of St.Gallen (HSG) Three levels - three pillars (3x3)
Contact Studies
Independent Studies
Contextual Studies
Ph.D. Programmes
Masters Programme (10 Programs)
Electives
Masters Programme (12 Programmes)
Masters Level (1.52 years)
Cultural Awareness
Critical Thinking
Leadership Skills
Bachelors Level (2 years)
Business Administration
Assessment Level (1 year)
Freshman Week
Secondary School Leaving Certificate
www.unisg.ch
Coaching Programme
Business Administration
Law or Mathematics
Economics
Economics
Law
Law
Mentoring Programme
Major & Core Subjects (5 Majors)
Practical Experience Bachelor of Arts HSG B.A. HSG
Electives
Major & Core Subjects
Mentoring Programme
Master of Arts HSG M.A. HSG
The University of St.Gallen offers the latest facilities and services to support individual and collaborative learning, including web-based communication platforms and wireless LAN. The library contains around 460,000 books, 70,000 e-books, some 1,400 journals and some 16,000 e-journals.
www.unisg.ch
Living in Switzerland
"The University of St.Gallen provides a setting which marries the promise of the future with the foundations of traditions - and an absolutely essential link between academic work and the practical world."
Kofi Annan
Former UN Secretary General Freedom Prize of the Max Schmidheiny Foundation University of St.Gallen, 18 November 2006
As a federal republic with a system of direct democracy, Switzerland enjoys a high degree of political stability. Its position as a neutral country allows it to play an important humanitarian role in world affairs and to act as a mediator between conflicting parties. Switzerland is the home of various international organisations such as the Red Cross (ICRC), the United Nations (UN) and the World Trade Organization (WTO). Switzerlands economy is based on a highly qualified labour force. The main areas include micro-, hi- and biotechnology and pharmaceuticals, as well as banking and insurance know-how. Swiss companies are extremely competitive in world markets. The best-known export items are watches, chocolate and cheese, but in fact mechanical and electrical engineering and chemicals together account for over half of Swiss export revenues. Consultancy, banking, insurance and tourism are also a significant part of the export trade. Political stability and a flourishing economy allow for a high standard of living (e.g. security, lifestyle and employability) at affordable prices. Contrary to general opinion, the cost of living is lower than in, say, London, Paris or Rome.
An increasingly large number of companies are moving their European headquarters to Switzerland to take advantage of the favourable business and living environment.
Switzerlands international reputation as a research centre is beyond dispute. The high standard of the two Swiss Federal Institutes of Technology, of the 10 cantonal universities and of the research institutes in Switzerland attracts many scientists and students from overseas.
10
www.unisg.ch
Facts about Switzerland

Population of 7.9 million (22% foreign nationals) Surface area of 41,285 square kilometres 4 national languages: German, French, Italian, Romansh One of the highest annual per capita GDPs worldwide: USD 67,560 current prices Zurich has the worlds highest gross and net wage levels Very low unemployment rate: 2.8% (July 2011) Zurich scores second highest worldwide for quality of living Most competitive economy in the world
Switzerland is situated in the heart of Europe
St.Gallen is situated in the German-speaking part of Switzerland, close to the German and Austrian borders. Zurich International Airport can be reached by train in an hour.
www.unisg.ch
11
View of the campus (front), the historic centre of St.Gallen and the Alpstein Mountains
Living in St.Gallen
St.Gallen offers its approximately 75,000 inhabitants a historically valuable old town. The narrow streets with their many shops, cosy restaurants and bars at every corner create an atmosphere you cant help falling in love with. The Abbey District with the baroque cathedral and the Abbey Library is a UNESCO World Heritage Site and thus of international significance. Further cultural highlights are provided by performances in the City Theatre, in the Concert Hall, at the St.Gallen Festivals, as well as by exhibitions in numerous museums. One event that is particularly popular with many students is the St.Gallen Open Air, during which the Sitter Valley is transformed into Switzerlands biggest tent city for three days. There are many foreign restaurants in the area of St.Gallen: Chinese, Thai, Japanese, Mexican, Argentinian, Greek, Turkish, Indian, Spanish, Italian and American chefs are not the only ones by far to offer their countries specialities. In addition, foreign nationals often set up clubs and associations in order to cultivate their home countrys culture and language together. As a rule, they also sell local foodstuffs in shops of their own.
History
St.Gallen became affluent through the textile trade. Although textile production has since moved to other parts of the world, St.Gallen is still the centre for textile design and prototype development. Once 90% of worldwide embroidery production was traded by St.Gallens merchants. The need for professional education soon became evident. In 1898, St.Gallen merchants founded a commercial school: the University of St.Gallen was established.
www.unisg.ch
13
I opted for the MSC because it far transcends classical marketing in terms of subject matter: various facets and professional areas of the marketing world are explained to us. This is often done in direct contact with Swiss and international companies. Project work and excursions create a friendly atmosphere which means that international students are quickly integrated.
Roberto Fresard
Chile, MSC
14
www.unisg.ch
Masters Programme in Marketing, Services and Communication Management

Objectives
Customer value the goal of sustainable corporate management
In a globalised world, sustainable corporate value can only be created through convincing products and services for customers, who are the focus of attention. Marketing along these lines concentrates on achieving the highest possible customer focus with the products and services. This integrative view, which transcends classical marketing, is what the Masters Programme in Marketing, Services and Communication Management (MSC) is committed to: the programme combines all management disciplines that take their bearings from customers and unites them with the markets and business models of topical industries. The knowledge and the wide-ranging network of contacts with practice that are required for this are provided by the eight institutes involved in the MSC. This orientation provides our students with an integrated understanding of corporate management from a customers point of view and of a sustainable generation of customer value. the long term. The customer value approach is seminal and helps build a basis for the core question of corporate strategies: what products and services should be provided to what customers and markets?
Subject-matter and structure

Marketing, service management and communication and their application areas
On the one hand, our programme is based on the functions of marketing, market research, service management and communication; on the other hand, it provides students with an insight into a great number of up-to-date application areas such as interactive marketing, sustainable products and services, the marketing of innovations and automotive marketing, financial services and insurance or SMEs, and life-cycle-oriented corporate management. The selection of application areas is constantly being updated and is intended to provide students with well-founded and attractive access to practice and specific markets. One central element of our course programme is also constituted by partnerships and project work with companies.
The customer value approach: value for customers and the value of customers
The customer value approach was developed by the faculty members concerned in an elaborate joint research project. It focuses on companies and institutions providing services to customers. The problem solution for customers, their experience of the products and services and thus the contribution to their satisfaction define the value that these products and services have for customers. At the same time, however, companies only take their bearings from customers who are valuable in
Partners
The MSC encourages the exchange between students, institutes and practice. In application projects, students work in small groups on real tasks set by a company or institute. The project partner remains the same throughout the three-term project period. This early and enduring contact with practice partners teaches students professional teamwork with business partners and often leads to further cooperation between particular students/student groups for their Masters thesis, individual projects or job offers.
www.msc.unisg.ch 15 www.unisg.ch
The MSCs customer value approach calls on students to develop an integrative view of marketing. The nature of the knowledge that is communicated requires a combination of analytical and creative skills, a constant examination of the latest trends and social changes. This education provided me with an ideal preparation for my present activities as a consultant and entrepreneur. The HSGs international atmosphere, which has put a firm imprint on my studies, is something that I continue to appreciate in the Alumni network in Switzerland and the San Francisco Bay Area. Fabio Duma, Switzerland/Italy
Consultant Corporate & Business Development / Entrepreneur
International exchange programmes

The Masters Programme in Marketing, Services and Communication Management (MSC) offers its students an opportunity to take part in double degree and exchange programmes: Exchange programmes with 150 partner universities worldwide CEMS Masters in International Management DM2 double degree programmes
Faculty: in the MSC, you are taught by personalities who are specialists in their respective fields. In addition, a sponsored programme of visiting professors ensures that reputable experts from all over the world teach in the MSC every year. Appropriate approach: the MSCs innovative, integrative customer value approach and cooperation with internationally operating companies offer students from all over the world a well-founded education for their future in marketing.
Reasons for enrolling in the MSC

A personal note for your studies: the MSC offers you a wide range of core electives that are constantly supplemented by topical subjects. By carefully selecting your courses, you can provide your studies with a personal note that will later help you to successfully position yourself on the labour market. Networking: the MSC offers you numerous opportunities during your studies to become acquainted with reputable companies and establish valuable contacts. Students are part of several international research networks.
Career perspectives
MSC graduates have a wide range of qualifications and are prepared for attractive functions and professional fields such as: executive and specialist tasks directly related to the market, such as product management, marketing, market research, customer relations management and service quality management; communication jobs such as media work, journalism, management, public relations, advertising and e-communication;
16
www.msc.unisg.ch
Environment Diagnosis Market and Company Diagnosis Strategic Service and Customer Management
Service Production and Utilisation System Personnel System, Personnel Advantage, Resources
Service System, Provider Advantage
Configuration Commercialisation Competence Partner System Cooperation
Customer
Communication
Control
tasks in public administration such as location marketing and the configuration and management of customer-oriented administrative processes; specialist functions in the relevant industries; corporate start-ups; research and teaching at universities and universities of applied sciences.
LSAT 163. Admission with GMAT 650-670, GRE 740-750, GRE Revised 158-159 or LSAT 161-162 is possible under certain circumstances. (Instead of an international test the Germanlanguage admission test of the University of St.Gallen can be taken.) Proficiency in the English language Supplementary work may be required The admission criteria may be subject to change. Please consult our website for the latest admission criteria: www.admissions.unisg.ch www.msc.unisg.ch For specific questions: admissions@unisg.ch www.msc.unisg.ch 17 www.unisg.ch
MSC admission requirements

Recognised Bachelors degree in Management (or equivalent) or a recognised Masters degree in any academic field. Admission criteria for foreign nationals: International test: GMAT 680, GRE 760, GRE Revised 160 or
Curriculum
Compulsory Courses Core Electives
Core Studies
3rd sem. Applied Research Project III
Contextual Studies
Independent Electives
2nd sem.
Customer Value and Communication Management II Applied Research Project II
Application Areas:
Customer Value in the Media and Communication Industry Financial Services and Insurance ...
1st sem.
Customer Value and Communication Management I Consumer Behaviour and Market Research Applied Research Project I
Application Areas:
Channel Management Automotive Marketing Customer Value in Transportation ...
39
Credits
30 ECTS
12 ECTS
12 ECTS
18 ECTS
Total 18 ECTS
Profile
Class of 2013* Class size: 130 Average age: 25 Male / female: 55% / 45% Nationalities represented: 9 International students: 15% Job offers before graduation: 2.2** Average starting wage: CHF 92,000**
*German-speaking class only **Average of all Masters programmes 2009 (Source: HSG 2010)
Schedule & tuition

Start: February (Spring Semester) or September (Autumn Semester) Duration: 90 ECTS, average duration of study 3-4 semesters / full-time programme Tuition fees: CHF 2,126 per semester for foreign students
Exchange rate (Dec. 2011): CHF 1.00 = EUR 0.82 / CHF 1.00 = USD 1.01
18
www.msc.unisg.ch
Critical Thinking and Cultural Awareness

915
Masters Thesis
Leadership Skills
Masters Programme in Marketing, Services and Communication Management
Faculty
Prof. Dr. Walter Ackermann Prof. Dr. Christian Belz Prof. Dr. Pietro Beritelli Prof. Dr. Urs Fueglistaller Prof. Dr. Andreas Herrmann Prof. Dr. Christian Lsser Prof. Dr. Peter Maas Prof. Dr. Miriam Meckel Prof. Dr. Sven Reinecke Prof. Dr. Thomas Rudolph Prof. Dr. Marcus Schgel Prof. Dr. Katarina Stanoevska Prof. Dr. Torsten Tomczak Prof. Dr. Thierry Volery Prof. Dr. Rolf Wstenhagen
Contact
For any questions regarding the contents and the structure of the Masters Programme in Marketing, Services and Communication Management, please contact:
Prof. Dr. Sven Reinecke Academic Director
Prof. Dr. Marcus Schgel Academic Director
Prof. Dr. Pietro Beritelli Executive Director
More information on our faculty members and their fields of research can be found on: www.alexandria.unisg.ch
University of St.Gallen (HSG)

Institute of Marketing Dufourstrasse 40a CH-9000 St.Gallen Switzerland Phone +41 (0)71 224 25 25 Fax +41 (0)71 224 25 36 E-Mail: msc@unisg.ch www.msc.unisg.ch
The Masters in Banking and Finance is a great programme because it offers a broad range of lectures and seminars and because it allows us to design our individual curriculum according to our interests. The programme fosters the exchange between students, faculty, and financial institutions. This guarantees a focus of our lectures on the practitioners needs and leads to an optimal preparation for a professional career.
Alex Simic
Switzerland, MBF
20
www.unisg.ch
Masters Programme in Banking and Finance
With a challenging curriculum, the Masters Programme in Banking and Finance (MBF) is one of the leading international finance programmes. In the fields of financial markets, financial institutions, corporate finance and quantitative finance, the programme offers high-quality education in both theory and application. It is designed to train our students in the critical reflection of the different concepts and approaches used in financial theory and practice.
CFA Program Partnership

The MBF programme is an official Program Partner of the CFA Institute. This acknowledges that the MBF programme covers more than 70% of the Candidate Body of Knowledge for all three levels of the CFA programme. Additionally, this partnership enables us to award CFA fellowships each year to five outstanding MBF students entering the programme.
Educational goals
The programmes educational goals encompass three dimensions:
Curriculum: contents and structure

The core studies comprise the compulsory courses and the core electives, including a research seminar and the Masters thesis. The MBF programme has been structured in such a way as to ensure that students are able to acquire their basic knowledge in the compulsory courses of the first semester. In the second and third semesters, our students select core electives according to their individual preferences and thus determine the orientation of their studies themselves.
Functional dimension
1. An understanding of the function and importance of financial intermediation in the context of the present and future development of economic systems and its integration in the social, legal and political sphere.
Compulsory subjects Instrumental dimension

2. Knowledge of the theory and application of financial markets, characteristics and implementation of modern financial instruments, and the core functions of modern financial management. The three demanding compulsory courses, Financial Markets, Financial Institutions, and Quantitative Methods, to be attended in the first semester, emphasise the integrative concept of the programme.
Core electives Institutional dimension

3. Knowledge of the core functions of planning, steering and supervision of financial institutions and their strategic business units. In the second and third semester, students may design their individual curriculum according to their preferences and choose to focus on financial markets, corporate finance, institutions or methods. Of course, our students are absolutely free to choose from our long list of core electives.
Placed 12th in the Financial Times Global Masters in Finance Ranking 2011!
www.mbf.unisg.ch 21 www.unisg.ch
Core electives
Markets Corporate Finance Institutions Methods

Derivatives Advanced Derivatives Real Estate Finance Market Microstructure Institutional Asset Management Alternative Investments Energy Finance Pension Finance Fixed Income Instruments International Finance Behavioural Finance Secondary Markets for Credit Risks Entrepreneurial Finance and Venture Capital
Corporate Finance and Governance Leveraged Buyouts Mergers and Acquisitions Corporate Valuation Corporate Financial Management Business Forecasting Business Performance Management Tax Planning and Tax Accounting Advanced Corporate Finance
Asset Liability Management for Insurance Companies Financial Services Management Topics in Private Banking and Wealth Management Bank Treasury Management Ethics of Financial Services Financial Regulation and Risk Management Topics in Investment Banking Banking Game Theory of Risk and Insurance
Computational Finance Financial Econometrics Financial Modelling Workshop: Asset Allocation Financial Modelling Workshop: Derivatives Financial Risk Management Quantitative Risk Management Time Series Econometrics Microeconometrics
Economics and Policy in Central Banks Pension Systems Cases in Financial Institutions Management
The core electives may be divided into four possible tracks: Markets, Corporate Finance, Institutions and Methods. These tracks should give the students some guidance for their individual course selection. However, our students are free to combine core electives from all the four tracks.
Research seminar
In the research seminar, our students are required to write a seminar paper with a research focus and have to present their findings. Therefore, in combination with the Masters thesis, the MBF provides a thorough preparation for a Ph.D.
Industrial partners
The MBF encourages the exchange between students, faculty and the financial industry. The Partners of the MBF with Credit Suisse Group, UBS and Wegelin Private Bankers guarantee an early contact with potential employers and support the MBF in many ways. Our industrial partners award fellowships for the best students entering the programme. At the end of the programme they award prizes. Thanks to their ongoing support, the MBF invites visiting professors from internationally renowned universities on a regular basis. Doing internships and collaborating with the financial industry when writing the Masters thesis is simplified thanks to the Partners of the MBF.
Independent electives
Independent electives create additional choices: students may either attend further core electives of the MBF or courses of other Masters programmes. A third option is to attend courses of the School of Management.
22
www.mbf.unisg.ch www.unisg.ch
At university, I was hardly able to imagine how much influence the MBF programme would have on my future. The knowledge gained in lectures such as Derivative Instruments, Corporate Finance, Pension Finance and Financial Services Management affects essential parts of my daily business nowadays. I got convinced that the conceptual content of the lessons taught at the HSG is absolutely in step with actual practice. I am glad that I was able to enjoy such an effective education.
Danielle Brassel, Switzerland

European Bank for Reconstruction and Development, London
Career perspectives
The MBF guarantees a successful career start in the world of banking, insurance, asset management, financial consulting, or other areas related to finance. At the same time, the rigorous and research-oriented approach ensures a thorough preparation for further academic studies, especially a Ph.D.
MBF admission requirements

Recognised Bachelors degree in Management, Economics (or equivalent) or a recognised Masters degree in any academic field. International test: GMAT a minimum of 680 points, GRE a minimum of 760 points or GRE Revised a minimum of 160 points Proficiency in the English language CV Extracurricular activities Motivation letter The Bachelors grade average is also considered in the admissions decision Supplementary work may be required The admission criteria may be subject to change. Please consult our website for the latest admission criteria. www.admissions.unisg.ch www.mbf.unisg.ch For specific questions: admissions@unisg.ch

MBF students are offered an opportunity to participate in the following double degree and exchange programmes: CEMS Masters in International Management Double degree programmes with ESADE, Barcelona, Spain; HEC, Paris, France; RSM Erasmus University, Rotterdam, Netherlands; Universit Commerciale Luigi Bocconi, Milan, Italy; and FGV-EAESP, Fundaao Getulio Vargas, So Paulo, Brazil Exchange programmes with 150 partner universities worldwide
www.mbf.unisg.ch 23 www.unisg.ch
Curriculum
Compulsory Courses Core Studies
3rd sem.
Core Electives Contextual Studies
1 Research Seminar, e.g:
2nd sem.
Core Electives, e.g.:
1st sem.
Financial Markets Financial Institutions Quantitative Methods
Advanced Derivatives Commercial Banking Financial Modelling Workshop: Derivatives Derivatives Institutional Asset Management Corporate Finance Financial Econometrics Computational Finance
39
Credits
15 ECTS
27 ECTS
12 ECTS
18 ECTS
Total 18 ECTS
Profile Schedule & tuition

Class of 2013 Class size: 246 (divided up into small groups of students) Average age: 24 Male / female ratio: 79% / 21% Nationalities represented: 33 International students: 51% Average GMAT: 716 points / GRE: 792 points Job offers before graduation: 2.2* Average starting wage: CHF 92,000*
*Average of all Masters programmes 2009 (Source: HSG 2010) Exchange rate (Dec. 2011): CHF 1.00 = EUR 0.82 / CHF 1.00 = USD 1.01
Start: Each Autumn Semester in September. Duration: 90 ECTS, average time to completion is 3 to 4 semesters / full-time programme Tuition fees: CHF 2,126 per semester for foreign students
24
www.mbf.unisg.ch www.unisg.ch

915
Masters Thesis
Leadership Skills
Research Seminar Corporate Finance Research Seminar Finance Research Seminar Financial Services and Institutions Research Seminar Quantitative Finance Research Seminar Financial Intermediation
Masters Programme in Banking and Finance
Faculty
Prof. Dr. Manuel Ammann (Academic Director of the MBF) Prof. Dr. Jrg Baumberger Prof. Dr. Thomas Beschorner Prof. Dr. Martin Brown Prof. Dr. Karl Frauendorfer Prof. Enrico De Giorgi, Ph.D. Prof. Dr. Andreas Grnbichler Prof. Dr. Andreas Grner Prof. Dr. Stefan Morktter Prof. Dr. Hato Schmeiser Prof. Dr. Markus Schmid Prof. Dr. Norman Seeger Prof. Paul Sderlind, Ph.D. Prof. Dr. Stephan Sss Prof. Dr. Simone Westerfeld Prof. Dr. Hans-Jrgen Wolter
Contact
For any questions regarding the contents and the structure of the Masters Programme in Banking and Finance, please contact:
Prof. Dr. Manuel Ammann Academic Director
Prof. Dr. Rico von Wyss Executive Director
Philipp Horsch MBF Assistant
Sina Marquardt MBF Assistant
Financial Times Ranking

The MBF programme is ranked in 12th place in the Financial Times Global Masters in Finance Ranking 2011. Per criteria the MBF was ranked: Number 1 for placement success Number 1 for employed at three months Number 2 for aims achieved Number 3 for value for money
Swiss Institute of Banking and Finance Rosenbergstrasse 52 CH-9000 St.Gallen Switzerland Phone +41 (0)71 224 70 05 Fax +41 (0)71 224 70 88 E-Mail: mbf@unisg.ch www.mbf.unisg.ch
The SIM programme offers much more than a degree. Behind these three letters lies a vast and breathtaking community, as well as new friendships and experiences. The programme offers a unique insight into diversity and interpersonal skills. Being part of the SIM programme is like becoming part of a large multicultural family.
Lucy Jane Baumgartner
United Kingdom, SIM
26
www.unisg.ch
Masters Programme in Strategy and International Management
The mission of the Masters Programme in Strategy and International Management (SIM) is to provide students with the advanced knowledge of general management necessary for a successful career as respected and responsible managers, entrepreneurs or business consultants. The programme offers an integrative and interdisciplinary approach, because only an approach of this nature is capable of conveying the ability to cope with the complex management challenges of our time. The aspiration to act independently of all interests and the commitment to upholding high ethical and academic standards serve as the basis of the SIM. The SIM programme offers a graduate education in strategy and international management. The programme builds upon the disciplines of strategy, leadership, finance, marketing, organisational behaviour and international management. Advanced courses in these majors are complemented by so-called SIM Integratives, which explore major management challenges of our time by taking a holistic approach to the relevant management disciplines. A carefully selected choice of SIM Integratives addresses issues at the heart of a companys success. The SIM curriculum unites the best of both worlds. It combines the academic rigour of a Master of Arts with the interactive nature and practice-oriented approach found in leading MBA programmes. This demanding curriculum also reflects the confidence the programme has in its students abilities and potential.
SIM Advanced Management Courses (compulsory)

These courses advance our students knowledge in the functional areas of management. Students explore advanced theories and concepts, and they examine managerial practice as well as engaging in scientific discussion. The prerequisite for this course type is a well-founded knowledge in the given field at Bachelors Level.
SIM Integratives (core electives)

The SIM Integrative courses focus on subjects of widespread and current interest in the field of management. Multi-disciplinary perspectives are needed in order to be able to embrace these subjects and explore ways to successfully cope with the major management challenges of our time. The course lecturers are practising researchers in their respective fields and bring both their practical and subject-related experience into the classroom.
SIM International Project

Each student is required to engage in a challenging and international project (internship worth 6 ECTS) which has to be independently defined, planned, initiated, successfully completed and reflected upon.
The SIMagination Challenge

The SIMagination Challenge is a compulsory international social project which aims to create enriching and meaningful learning experiences for the managerial profession, provide networking opportunities and enhance career prospects. It encourages our students to be responsible global corporate citizens, not just
Placed 1st in the Financial Times Global Masters in Management Ranking 2011 !
www.sim.unisg.ch 27 www.unisg.ch
Before I participated in the SIM double degree programme at the HSG in St.Gallen and at the Nanyang Business School Singapore, I graduated as an engineer from the Federal Institute of Technology in Zurich and worked in the consulting industry for two years. The SIM double degree programme was an excellent choice to pursue my Masters studies in a challenging and international environment. The insights I gained during my time in Asia are a great asset in todays business world.
Daniel Dahinden, Switzerland

Corporate Development Manager, Sulzer AG, Switzerland
competent managers. The SIMagination Challenge helps students develop interpersonal and team skills as well as cross-cultural competencies and is compulsory for all SIM students and is completed in the first two terms of the course.

In addition to offering students an internationally oriented curriculum, we also enable them to experience foreign cultures and perspectives first hand. Educational partnerships provide SIM students with the following opportunities: Double degree programme with the Nanyang Business School in Singapore. The Nanyang Business School is one of the top business schools in Asia. It is committed to excellent teaching, an innovative curriculum and quality research. It is the only business school in Singapore and the fifth in Asia to achieve full EQUIS accreditation. An exclusive double degree programme provides our students with the unique opportunity to gain both Asian and European perspectives on business. Students simultaneously earn themselves an MBA at the Nanyang Business School in Singapore and a high-profile SIM Masters degree at the University of St.Gallen. CEMS Masters in International Management Double degree programmes with ESADE, Barcelona, Spain; HEC, Paris, France; RSM Erasmus University, Rotterdam, Netherlands; and FGV-EAESP, Fundaao Getulio Vargas, So Paulo, Brazil
Independent electives
Students may choose from a range of different independent electives, offered both by the SIM programme and other Masters programmes. Thus students have the opportunity to acquire additional knowledge of specific fields of interest. In the course of the three semesters, courses to the equivalent of 12 ECTS must be chosen.
Corporate partnerships
The SIM programme has close ties to the business world. Internationally operating companies, which are among the leaders in their fields, such as Deloitte and McKinsey & Company, support the SIM programme as corporate or workshop sponsors. This cooperation includes interactive workshops, lectures and invitations to visit their offices as well as attractive international internships.
28
www.sim.unisg.ch www.unisg.ch
Exchange programmes with 150 partner universities worldwide
SIM content grid

Marketing & Consumer Behaviour Organisational Behaviour & Change
Integratives
Career perspectives
International Management Strategic Management Financial Management
intercultural and linguistic skills, as well as an interdisciplinary problem-solving approach, optimally equips SIM students for top international management positions. Many find interesting positions in consultancy firms. Others start a career in the consumer goods industry, in the financial services sector, pharmaceuticals or in academia. Subject to a students grades, this Masters degree will also enable him/her to pursue a promising academic career as it provides access to Ph.D. programmes.
Corporate Brand Management Corporate Strategy & Governance Entrepreneurship Mergers & Acquisitions Professional Service Firms Organising for Sustained Corporate Growth
SIM admission requirements

Recognised Bachelors degree in Management (or equivalent) or a recognised Masters degree in any academic field. GMAT a minimum of 650 points Proficiency in the English language CV Letter of motivation Extracurricular activities The Bachelors grade average is also considered in the admissions decision Supplementary work may be required The admission criteria may be subject to change. Please consult our website for the latest admission criteria. Detailed information regarding admission criteria: www.admissions.unisg.ch www.sim.unisg.ch For specific questions: admissions@unisg.ch
General Management Disciplines
Strategic Leadership
The rigorous curriculum, which fosters academic excellence,
Alliance & Network Strategy
Research in Management
www.sim.unisg.ch 29 www.unisg.ch
Curriculum
Core Studies
3rd sem. Advanced Management Courses, e.g.: M arketing and Consumer Behavior O rganizational Behavior and Change
Contextual Studies
SIM in Practice
2nd sem.
1st sem.
Strategic Management International Management Strategic Leadership Financial Management Research in Management
Masters Thesis
Leadership Skills
Integratives, e.g.: M ergers & Acquisitions O rganising for Sustained Corporate Growth P rofessional Service Firms C orporate Brand Management Entrepreneurship C orporate Strategy & Governance Alliance & Network strategy
39
Credits
20 ECTS
12 ECTS Core Electives 10 ECTS SIM in Practice
12 ECTS
18 ECTS
Total 18 ECTS
Profile
Class of 2013 Class size: 37 students Average age: 24 Male / female: 55% / 45% Nationalities represented: 16 International students: 90% Average GMAT: 710 points Job offers before graduation: 2.2* Average starting wage: CHF 92,000*
*Average of all Masters programmes 2009 (Source: HSG 2010)
Schedule & tuition

Start: Each Autumn Semester in September. Duration: 90 ECTS, average time to completion is 3 to 4 semesters / full-time programme Tuition fees: CHF 2,126 per semester for foreign students
30
www.sim.unisg.ch www.unisg.ch

915
Masters Programme in Strategy and International Management
Faculty
Dr. Omid Aschari, MBA Prof. Dr. Heike Bruch Prof. Dr. Peter Gomez Prof. Dr. Martin Hilb Prof. Dr. Markus Kreutzer Prof. Dr. Tomi Laamanen Prof. Dr. Christoph Lechner Prof. Dr. Markus Menz Prof. Dr. Gnter Mller-Stewens Prof. Dr. Sven Reinecke Prof. Dr. Winfried Ruigrok Prof. Dr. Torsten Schmid Prof. Dr. Marcus Schgel Prof. Dr. Chris Steyaert Prof. Dr. Thorsten Tomczak Dr. Thorsten Truijens Prof. Dr. Alexander Zimmermann
Contact
For any questions regarding the contents and the structure of the Masters Programme in Strategy and International Management, please contact:
Prof. Dr. Gnter Mller-Stewens Academic Director
Dr. Omid Aschari, MBA Managing Director

Institute of Management Dufourstrasse 40a CH-9000 St.Gallen Switzerland

The SIM programme is ranked in 1st place in the Financial Times Global Masters in Management Ranking 2011. Per criteria the SIM was ranked: Number 1 for value for money Number 1 for aims achieved Number 3 for placement success Number 3 for weighted salary
Phone +41 (0)71 224 23 67 Fax +41 (0)71 224 23 55 E-Mail: sim@unisg.ch www.sim.unisg.ch
I made a conscious decision to opt for the subject of Economics and for the University of St.Gallen. I chose this major because I am very interested in economic issues such as unemployment, the fight against poverty and globalisation. In the MEcon I can select my subjects for the most part myself and so set my own particular focus. I also appreciate the practice-oriented teaching which is of a very high quality.
Adrian Jggi
Switzerland, MEcon
32
www.unisg.ch
Masters Programme in Economics
The Masters Programme in Economics (MEcon) at the University of St.Gallen provides you with an extensive economic education. A solid understanding of the fundamentals and appealing specialisations provide the basis for a wide range of professional fields and a successful start to your career. The studies focus on the theoretical and empirical analysis of economic interrelations, and convey the specialist knowledge required for the problem analysis of strategies of economic policy.
Student profile
You are very interested in socially and politically relevant issues. Your mathematical skills and your analytical talent are above average, and you enjoy analysing current problems. You are ready and willing to make pragmatic use of newly learnt methods. Interest in economic issues Economics deals with issues such as economic growth, the economic situation, unemployment, social security, inflation, the strategic behaviour of corporations and governments, as well as problems of globalisation, ageing, climate change and the current financial crisis. Besides economics, there is also the possibility of focusing on management, industrial economics, finance and capital markets. If you want to study economics successfully, then you should be interested in current affairs. Economic concepts: an enjoyable challenge The course provides universally usable approaches of economics in which rational behaviour, optimisation under secondary conditions and methods used for empirical analyses play a central part. You will learn how to develop models to analyse and empirically validate economic interconnections and influence factors and to draw conclusions and derive recommendations for economic policy from this. One important prerequisite for studying economics is therefore an analytical, linked-up and strategic intellectual capacity.
Theory and practice

The MEcon sets great store by highly practical relevance. The programme provides you with theoretical knowledge from research, on the one hand, while on the other hand you will learn how to apply this knowledge to current issues of society and the economy. Application orientation at a high academic level is a prominent feature of the MEcon, whose practical relevance is underlined by internships that can be credited to the degree course.
MEcons flexible curriculum

In the MEcon, you can compile your individual programme according to your talents, interests and career objectives. The compact foundations provided by the core subjects leave you a great deal of leeway in the choice of your specialisation.
Teaching
MEcon faculty members complement their pronounced involvement in teaching by excellent research activities. Small course groups provide you with direct access to faculty members and guarantee a high degree of student satisfaction.
www.mecon.unisg.ch www.unisg.ch
33
Readiness for the pragmatic use of mathematical and statistical methods The MEcon has an application-oriented structure. Formal subjects such as mathematics and statistics constitute the basis for well-founded scientific analyses. The methods required for this are directly applied to current problems or examples from economic policy, society and management. You should therefore have a pronounced interest in current problems and be ready to analyse and understand them on the basis of scientific methods.
Languages of instruction
The MEcon is taught both in English and in German. Central basic courses are offered in English jointly with the MiQE/F (Masters Programme in Quantitative Economics and Finance). This guarantees consistent mutual openness of electives and enables students to select courses according to their specialisations and interests.
Content and structure

Education in economics is largely standardised at an international level, both in terms of subject matter and with regard to the standards. The uniform 4 ECTS format leaves you with a great deal of freedom for the configuration of your studies. The focus of compulsory subjects on core issues of economics enables you to configure a large part of the Masters programme according to your own interests and skills.
Fast-track Ph.D.
If you attain the necessary grade average and fulfil other requirements, the programme will provide you with access to the Ph.D. Programme in Economics and Finance (PEF). You will already be able to earn credits for the PEF during the Masters programme and thus complete your doctoral studies in fast-track mode.
Internships with selected partners

The MEcon has agreements with a network of selected partners which regularly offer internship places and guarantee economic and practical relevance, thus facilitating later career starts. The MEcon encourages you to gather practical experience and establish contacts for your later career start already during your studies. On application, practice credits will be awarded to you for qualified internships, which are credited for up to two university courses (6 credits maximum). This corresponds to an internship duration of about three months.
34
www.mecon.unisg.ch
The MEcon taught me economic analytical procedures, economic policy strategies and their application to current issues in economic policy, society and management, and provided me with direct access to the PEF doctoral programme. The small course groups and our close contacts with professors made it easier for me to find a perfect assistants job.
Stefan Legge, Germany

Ph.D. candidate and research fellow

The Masters Programme in Economics offers its students an opportunity to take part in double degree and exchange programmes: Exchange programmes with 150 partner universities worldwide CEMS Masters in International Management DM2 double degree programmes
MEcon admission requirements

Recognised Bachelors degree in Economics (or equivalent) or a recognised Masters degree in any academic field. Admission criteria for foreign nationals: International test: GMAT 680, GRE 760, GRE Revised 160 or LSAT 163. Admission with GMAT 650-670, GRE 740-750, GRE Revised 158-159 or LSAT 161-162 is possible under certain circumstances. (Instead of an international test the German-language admission test of the University of St.Gallen can be taken.) Proficiency in the English language Supplementary work may be required Please note that the admission criteria may be subject to change. Please consult our website for the latest admission criteria. www.admissions.unisg.ch www.mecon.unisg.ch For specific questions: admissions@unisg.ch
Career perspectives
A MEcon degree will provide you with the fundamentals required to understand, analyse and develop economic processes. Application-oriented empirical analytical procedures will support your strategic decision-making processes. This will enable you to pursue a career with a wide range of possibilities. Not only banks, insurance companies, public services and administrations are interested in our graduates, but reputable business consultancies also regularly employ well educated economists.
www.mecon.unisg.ch
35
Curriculum
Core Studies
3rd sem.
Contextual Studies
Core Courses (2 out of 6 compulsory):
2nd sem.
Advanced Macroeconomics III Advanced Microeconomics III
Other core elective courses amounting to 8 ECTS:

different specialisations possible
1st sem.
Advanced Macroeconomics I Advanced Microeconomics I Advanced Macroeconomics II Advanced Microeconomics II Mathematics Econometrics I
39 16 ECTS 8 ECTS 18 ECTS
Credits
30 ECTS
Total 18 ECTS
Profile
Class of 2013 Class size: 45 Average age: 25 Male / female: 70% / 30% Nationalities represented: 25 International students: 48% Average GRE: 750 points Job offers before graduation: 2.2* Average starting wage: CHF 92,000*
Schedule & tuition

Start: Starting in September (Autumn Semester) is recommended, but the programme can also be started in February (Spring Semester). Duration: 90 ECTS, average time to completion is 3 to 4 semesters / full-time programme Tuition fees: CHF 2,126 per semester for foreign students
36
www.mecon.unisg.ch

915
Masters Thesis
Leadership Skills
Public Economics Labour Economics Industrial Organization Econometrics II International Trade Theorie der Wirtschaftspolitik
Masters Programme in Economics
Faculty
Prof. Francesco Audrino, Ph.D. Dr. Christine Benesch Prof. Dr. Stefan Bhler Dr. Daniel Buncic Prof. Enrico De Giorgi, Ph.D. Prof. Dr. Eva Deuchert Prof. Simon Evenett, Ph.D. Prof. Dr. Matthias Fengler Prof. Dr. Reto Fllmi Prof. Dr. Manfred Grtner Dr. Philipp Guyer Martin Huber, Ph.D. Prof. Dr. Christian Keuschnigg Prof. Dr. Gebhard Kirchgssner Prof. Dr. Martin Kolmar Prof. Dr. Michael Lechner Jochen Mankart, Ph.D. Claudia Neri, Ph.D. Catherine Roux, Ph.D. Dr. Mark Schelker Prof. Paul Sderlind, Ph.D. Dr. Carlo Strub Dr. Christian Thni
Contact
For any questions regarding the contents and the structure of the Masters Programme in Economics, please contact:
Prof. Dr. Christian Keuschnigg Academic Director
Franziska Fawcett Executive Director

School of Economics and Political Science Varnbelstrasse 19 CH-9000 St.Gallen Switzerland Phone +41 (0)71 224 29 26
Fax +41 (0)71 224 31 35 E-Mail: mecon@unisg.ch www.mecon.unisg.ch
www.mecon.unisg.ch
37
I chose the MiQE/F programme because it uniquely combines quantitative methods with finance and other economic subjects. Students benefit from close contact with an international faculty. When questions and new challenges arise, professors are always ready to help at short notice. People who are looking for an academically demanding programme in a familiar atmosphere will be in the right place.
Ambika Sharma
USA, MiQE/F
38
www.unisg.ch
Masters Programme in Quantitative Economics and Finance
The Masters Programme in Quantitative Economics and Finance (MiQE/F) offers a high-quality graduate education in economic theory, finance, and quantitative methods. Apart from a common set of core courses, you select from a larger menu of optional courses to specialise in economics, finance, or a combination of both.
Masters thesis
Your Masters thesis is graded and weighted with 18 ECTS. A topic from the MiQE/F core studies is required and the thesis must be written in English.
Fast-track Ph.D.
Graduates who attain the requisite GPA score and fulfil other requirements will be granted access to the Ph.D. Programme in Economics and Finance (PEF). Starting in Autumn Semester 2011, the PEF offers our MiQE/F students a fast-track programme. Certain electives can be attended during the Masters studies and can be additionally credited to your future PEF studies.
Your head start

The unique feature of the programme is to combine rigorous economic and finance theory with quantitative empirical methods to analyse and solve challenging practical problems in economics, finance and the private sector. Being equipped with statistical and econometric methods and an expert knowledge of economics and finance, you will be uniquely positioned on the job market to successfully compete for the most challenging career opportunities in science, the private sector and national and international policy institutions.
Practice credits
The MiQE/F encourages students to acquire practical experience and to establish contacts for their future career start. Therefore practice credits are awarded for qualified internships, which are credited to curricular courses (max. 6 ECTS).
Curriculum
The compulsory courses mainly focus on economic theory and quantitative methods. This allows students to choose their core electives according to their interests and talents. The uniform 4 ECTS format supports and facilitates a unique specialisation to shape students profiles. The different specialisation areas include optional courses in econometrics, finance and economics, which are important to prepare students for quantitative applications and make them competitive in the job market. The three specialisation areas can be flexibly combined. Students can choose their core electives and will have the possibility to create their profiles by specialising in a specific field of interest: Quantitative economics Quantitative finance Corporate finance, banking and insurance
Cooperation with LGT

The LGT Group is a cooperation partner of the MiQE/F. A prize for the best MiQE/F degree result has been awarded every year by LGT. This award amounts to CHF 5,000. Furthermore, students may have the opportunity to do internships at LGT, where they can earn practice credits.
www.miqef.unisg.ch www.unisg.ch
39

The Masters Programme in Quantitative Economics and Finance recommends its students to study a semester abroad in the network of partner universities and other schemes for student exchange: The MiQE/F is part of the Quantitative Economics European Network (QUEEN), a network of several universities that offer Masters programmes of sufficient depth and of high quality in quantitative economics and/or finance. Our students will have the opportunity to spend one semester in one of the other programmes. The first partner in this network is the English- language programme Master of Quantitative Economics at the Goethe University Frankfurt in Germany. CEMS Masters in International Management Double degree programmes with ESADE, Barcelona, Spain; HEC, Paris, France; RSM Erasmus University, Rotterdam, the Netherlands; and Universit Commerciale Luigi Bocconi, Milan, Italy To extend the choice of courses, the University of St.Gallen and the University of Constance (Germany) have agreed upon cooperation at the Masters Level. MiQE/F students thus have the opportunity to choose certain courses from the Masters Programme in International Economic Relations at the University of Constance, and vice versa. Exchange programmes with 150 partner universities worldwide methods. The competitive advantage of MiQE/F graduates on the job market is the combination of quantitative methods and expert knowledge of economics and finance. The analysis of complex real world problems in international economic policy making, financial sector developments and private industry increasingly requires the use of rigorous quantitative and theoretical methods and thereby creates a rising demand for our alumni. In addition, MiQE/F is an ideal preparation for demanding Ph.D. programmes in Economics, Econometrics and/or Finance.
Career perspectives
Graduates with an economics degree often lack an in-depth education and extensive training in quantitative methods, whereas mathematicians and statisticians often lack the necessary background in economics or finance. MiQE/F prepares participants for ambitious careers that require a good education in economics, finance and quantitative
Reasons for enrolling in the Masters Programme in Quantitative Economics and Finance
Competitive advantage on the job market: because nowadays, good jobs for economists, in economics as well as in finance, require a profound knowledge of the methods of empirical research and analysis. Flexibility: make your own decision as to whether you want to specialise in Econometrics, Economics or Finance.
40
What distinguishes the MiQE/F from most other Masters Programmes is its focus on quantitative methods. For my job in the Economics Department of the Central Bank of Lithuania, where I perform stress-testing and monitor the credit risk of the local banking sector, sound analytical skills, expert knowledge of statistical and econometric methods as well as a solid background in economic and finance theory are essential.
Audrius Mozuras, Lithuania

Senior Economist Central Bank of Lithuania
Faculty: work with a comparatively young and internationally recognised faculty that is an active part of the scientific community. High educational standard: the MiQE/F adheres strictly to the highest international economic standards. Benefit from small class sizes. International setting: work with students and lecturers from different countries all over the world and from different cultural backgrounds. All lectures and examinations are in English. Ph.D: a successful completion of MiQE/F will be an ideal preparation for our demanding Ph.D. programme in Economics and Finance (PEF). Student participation: faculty members and students often meet informally in order to discuss further improvements, so students actually have the possibility of actively contributing to and participating in the development of the programme.
MiQEF admission requirements

Recognised Bachelors degree in Economics (or equivalent) or a recognised Masters degree in any academic field. GRE a minimum of 760 points or GRE Revised a minimum of 160 points (admission with GRE 740-750 or GRE Revised 158-159 is possible under certain circumstances) Proficiency in the English language Supplementary work may be required The admission criteria may be subject to change. Please consult our website for the latest admission criteria. www.admissions.unisg.ch www.miqef.unisg.ch For specific questions: admissions@unisg.ch
41
Curriculum
Core Studies
3rd sem.
Contextual Studies
Field courses: Economics
(1 of 3 compulsory): Public Economics Labour Economics Industrial Organization 1st sem. Mathematics Statistics Advanced Macroeconomics II Advanced Microeconomics II Econometrics I Theory of Finance
Other core electives
Masters Thesis
2nd sem.
Advanced Mathematics and Statistics Econometrics II
39
Credits
30 ECTS
16 ECTS
8 ECTS
18 ECTS
Total 18 ECTS
Profile
Class of 2013 Class size: 25 Average age: 25 Male / female: 71% / 29% Nationalities represented: 20 International students: 65% Average GRE: 780 points Job offers before graduation: 2.2* Average starting wage: CHF 92,000*
Schedule & tuition

Start: Starting in September (Autumn Semester) is recommended, but the programme can also be started in February (Spring Semester). Duration: 90 ECTS, average duration of studies is 3-4 semesters / full-time programme Tuition fees: CHF 2,126 per semester for foreign students
42

915
Leadership Skills
(2 of 4 compulsory): Quantitative Risk Management Asset Pricing Microeconometrics Time Series Econometrics
Field courses: Finance/Econometrics
Masters Programme in Quantitative Economics and Finance
Faculty
Prof. Francesco Audrino, Ph.D. Dr. Christine Benesch Prof. Dr. Stefan Bhler Dr. Daniel Buncic Prof. Enrico De Giorgi, Ph.D. Prof. Dr. Eva Deuchert Prof. Simon Evenett, Ph.D. Prof. Dr. Matthias Fengler Prof. Dr. Reto Fllmi Prof. Dr. Manfred Grtner Dr. Philipp Guyer Martin Huber, Ph.D. Prof. Dr. Christian Keuschnigg Prof. Dr. Gebhard Kirchgssner Prof. Dr. Martin Kolmar Prof. Dr. Michael Lechner Jochen Mankart, Ph.D. Claudia Neri, Ph.D. Catherine Roux, Ph.D. Dr. Mark Schelker Prof. Paul Sderlind, Ph.D. Dr. Carlo Strub Dr. Christian Thni
Contact
For any questions regarding the contents and the structure of the Masters Programme in Quantitative Economics and Finance, please contact:
Prof. Dr. Christian Keuschnigg Academic Director
Franziska Fawcett Executive Director

School of Economics and Political Science Varnbelstrasse 19 CH-9000 St.Gallen Switzerland Phone +41 (0)71 224 29 26 Fax +41 (0)71 224 31 35 E-Mail: miqef@unisg.ch www.miqef.unisg.ch
What I particularly like about the Masters Programme in International Affairs and Governance is the linkage between theory and practice. We are able to cooperate with experts from international organisations, such as the World Bank or the WTO and gain insights into the problems and challenges of our future professional lives. This project work shows how important the integrative approach of the University of St.Gallen is since problems always have to be viewed from several perspectives.
Cileia Rufino dos Santos
Brazil, MIA
44
www.unisg.ch
Masters Programme in International Affairs and Governance
The Master of Arts in International Affairs and Governance (MIA) is designed for students who seek a professional career in business, government, non-profit organisations and international agencies. MIA graduates are trained as generalists and are skilled at integrating the specialist knowledge required to address todays pressing political, economic, and social problems. Combining interdisciplinary study with a resultoriented approach, the MIA programme prepares graduates for a world in which leaders and professionals must increasingly be able to work across borders, disciplines and sectors. The MIA programme is based on an interdisciplinary curriculum that covers economics, political science, business administration and law. Compulsory courses provide the conceptual foundations, research methods and in-depth knowledge needed for a thorough understanding of complex international affairs issues. Core electives such as specific courses, tutorials and practical projects enable students to choose and refine their areas of specialisation, thus developing a professional portfolio of their own. Writing a Masters thesis permits students to concentrate on a research question in a subject area of their choice. Our programme is particularly strong in the fields of trade and development, peace and security, as well as democracy and governance. The curriculum skilfully merges St.Gallens proven expertise in economics and business with the analytical study of practical issues pertaining to politics and society as a whole.
Linking theory to practice is a top priority in the MIA programme. There are several ways of bringing theoretical analysis to bear on the solution of distinctly practical problems. Our students participate in projects with experts from international organisations such as the World Bank or the World Trade Organization (WTO). They may earn credits towards their final degree through internships in companies and in public institutions. The University of St.Gallen has a longstanding commitment to provide its students with a rigorous practical training so as to facilitate their smooth transition from university life to professional life as much as possible.

Double degrees and other programmes
The MIA offers students the possibility of participating in attractive double degree programmes. Application is on a competitive basis. At present, there are partnerships with the Institut dEtudes Politiques (Sciences Po) in Paris, France, with The Fletcher School of Law and Diplomacy of Tufts University in Medford, Boston, USA, and the Graduate School of International Studies of Yonsei University in Seoul, Korea. Further double degree programmes are in preparation. CEMS Masters in International Management Specific exchange programmes with: Lee Kuan Yew School of Public Policy, Singapore; School of International Relations, St. Petersburg State University, Russia; The Graduate Institute (HEID), Geneva, Switzerland Exchange programmes with 150 partner universities worldwide
www.mia.unisg.ch www.unisg.ch
45
The MIA enabled me to come to terms with a variety of topics such as European integration, international trade, political theory and the reform of public institutions. The courses were very demanding and the instructors were stimulating and easily accessible. The joint diploma programme with Sciences Po afforded me the opportunity to spend a year in Paris. Finally, the MIA led to my obtaining a much sought after position in the private sector.
Werner Schfer, Germany

International Consultant in Berlin and Ph.D. Student at the HSG
International partner: APSIA

The University of St.Gallen is a member of the Association of Professional Schools of International Affairs (APSIA), which comprises thirty-four leading schools in the United States, Europe and Asia. APSIA promotes excellence in professional graduate education worldwide by sharing information and ideas among member schools and the wider international affairs community. www.apsia.org
Career perspectives
The MIA programme opens the door to a great variety of careers in the public, private and non-profit sectors. For the past ten years, our graduates have gone on to work in banking and financial institutions, insurance companies, consulting firms and other multinational corporations, federal, state and local governments, development agencies, international organisations and diplomacy, the media, political parties, NGOs, non-profit organisations, as well as universities and research centres. Moreover, the MIA programme prepares students for St.Gallens Ph.D. programme in International Affairs and Political Economy.
46
MIA admission requirements

Recognised Bachelors degree in International Affairs (or equivalent) or a recognised Masters degree in any academic field Admission criteria for foreign nationals: International test: GMAT 680, GRE 760, GRE Revised 160 or LSAT 163. Admission with GMAT 650-670, GRE 740-750, GRE Revised 158-159 or LSAT 161-162 is possible under certain circumstances. (Instead of an international test the Germanlanguage admission test of the University of St.Gallen can be taken.) Proficiency in the English language Letter of motivation Reference letter by academics Supplementary work may be required The admission criteria may be subject to change. Please consult our website for the latest admission criteria. www.admissions.unisg.ch www.mia.unisg.ch For specific questions: admissions@unisg.ch
47
Curriculum
Core Studies
3rd sem.
Contextual Studies
Practical Projects:
Research Methods
2nd sem.
1st sem.
International Governance State and Economy International Politics, Economics and Business
39 12 ECTS 18 ECTS
Credits
18 ECTS
24 ECTS
Total 18 ECTS
Profile MIA
Class of 2013 Class size: 72 students Average age: 27 Male / female: 58% / 42% Nationalities represented: 8 International students: 32% Average GMAT: 720 points Job offers before graduation: 2.2* Average starting wage: CHF 92,000*
Schedule & tuition

Start: February (Spring Semester) or September (Autumn Semester) Duration: 90 ECTS, average duration of study 3-4 semesters / full-time programme Tuition fees: CHF 2,126 per semester for foreign students
48

915
Masters Thesis
Leadership Skills
Issue Management Development Cooperation Public Affairs Management World Bank Projects Public Management
Specific Courses (examples):
The International Financial Architecture WTO Seminar International Trade Climate Change, Trade and Competitiveness Development Economics Practical Leadership in Development Management International Economic Policy Analysis Foreign Policy Strategies European Foreign Policy in Action Security Governance Asia-Pacific Security Managing Defence New Challenges in International Security Contemporary Developments in IR Theory Private Actors in International Affairs The Politics of International Law Compliance with International Law Global Communication and International Affairs International Public Management Managing Social Business
Masters Programme in International Affairs and Governance
Faculty
Prof. Daniele Caramani, Ph.D. Prof. James W. Davis, Ph.D. Prof. Simon Evenett, Ph.D. Prof. Dr. Christoph Frei Prof. Dr. Dr. Roland Kley Prof. Dirk Lehmkuhl, Ph.D. Prof. Dr. Kerstin Odendahl Prof. Dr. Kuno Schedler
Contact
For any questions regarding the contents and the structure of the Masters Programme in International Affairs and Governance (MIA), please contact:
Prof. Dirk Lehmkuhl, Ph.D. Academic Director
In addition, the MIA programme draws on a distinguished faculty of scholars from all the Universitys schools as well as on practitioners and experts from international institutions and the private sector: Prof. Dr. Anne van Aaken; Dr. Doaa Abdel Motaal; Prof. Dr. Jrg Baumberger; Dr. Sven Bradke; Dr. Ren Buholzer; Prof. Dr. Thomas Burri; Prof. Samia Costa, Ph.D.; Marc DeVore, Ph.D.; Prof. Dr. Bernhard Ehrenzeller; Dr. Katja Gentinetta; Prof. Dr. Michael Graff; Prof. Dr. Heiner Hnggi; Dr. Urs Heierli; Dr. Urs Jger; Dr. Andreas Koestler; lic.phil.hist. Claude Longchamp; Dr. Sonja Lthi; Prof. Dr. Miriam Meckel; Prof. Dr. Silvano Moeckli; Prof. Dr. Isabella Proeller; Dr. Michael Reiterer; Dr. Manuel Rybach; Dr. Roland Scherer; Prof. Andreas von Staden, Ph.D.; lic.rer.pol. Pietro Veglio; Moritz Weiss, Ph.D.; Prof. Dr. Rolf Wstenhagen; Jrg Zeuner, Ph.D.; Prof. Dr. Andreas Ziegler
Prof. Dr. Christoph Frei Academic Director
Dr. Daniela Engelmann Executive Director

Master of Arts in International Affairs and Governance (MIA) Varnbelstrasse 19 CH-9000 St.Gallen Switzerland
Phone +41 (0)71 224 31 33 E-Mail: mia@unisg.ch www.mia.unisg.ch
International orientation
The University of St.Gallen (HSG) encourages and enables its students to supplement their academic curriculum with international experience. Double degrees, exchange programmes, students from all over the world, an international faculty, internationally orientated curriculum and networks give students the opportunity to experience foreign cultures and perspectives at first hand.
International exchange terms Exchange terms

All students at the University of St.Gallen have the opportunity to spend an exchange term at one of our 150 partner universities worldwide. www.exchange.unisg.ch
International students and faculty:

34% of students come from 80 different nations 48% of the faculty come from abroad selected visiting professors from various countries
Special exchange for MIA students

Students of the Masters in International Affairs and Governance can participate in special exchange programmes with the Lee Kuan Yew School of Public Policy, Singapore, the School of International Relations, St.Petersburg State University, and the Graduate Institute (HEID), Geneva.
Networks:
The Global Alliance in Management Education (CEMS) Partnership in International Management (PIM) Association of Professional Schools of International Affairs (APSIA)
Exchange in the QUEEN network

The Masters in Quantitative Economics and Finance is part of the Quantitative Economics European Network (QUEEN). Students have the opportunity to spend one semester at a QUEEN partner university.
The HSG supports international networking with (a selection):

Hubs in Singapore and So Paulo Asia Research Center www.arc.unisg.ch The Sino-Swiss Management Training Programme www.sino-swiss.unisg.ch Centro Latinoamericano-Suizo de la Universidad de San Gallen www.cls.unisg.ch
50
www.unisg.ch
International exchange programmes give students firsthand, personal experience in foreign countries. In this photo, HSG student Christoph Schleiffer (right) and some other students visited the colonial village of Barichara during his exchange semester in Bogot.
A selection of our prestigious partners

AGSM MBA Programs, UNSW, Sydney, Australia Babson College, Boston, USA Beijing University, Beijing, China CEIBS, Shanghai, China Chinese University of Hong Kong, Hong Kong Columbia University, New York, USA Cornell University, Ithaca, USA Duke University, Durham, USA Fudan University, Shanghai, China Fundaao Getulio Vargas, So Paulo, Brazil Hitotsubashi University, Tokyo, Japan IESA, Caracas, Venezuela IIM, Ahmedabad, India IIM, Bangalore, India Insper So Paulo, So Paulo, Brazil Kellogg School of Management, Evanston, USA LSE, London, United Kingdom Nanyang Technological University, Singapore National Taiwan University, Taipei, Taiwan National University of Singapore, Singapore NYU Stern, New York, USA Queens University, Ontario, Canada R. Ivey School of Business, Toronto, Canada Seoul National University, Seoul, South Korea Technolgico de Monterrey, Monterrey, Mexico Thammasat University, Bangkok, Thailand Tsinghua University, Beijing, China Universidad de los Andes, Bogot, Colombia Universidad del Pacif ico, Lima, Peru Universidad San Andres, Buenos Aires, Argentina University of California, Los Angeles, USA Universiti Sains Malaysia, Penang, Malaysia www.unisg.ch Wits Business School, Johannesburg, South51 Africa
Double degree programmes
CEMS Masters in International Management (CEMS MIM)

CEMS The Global Alliance in Management Education is a strategic alliance of the worlds leading business schools and multinational companies. The University of St.Gallen (HSG) has been a member of CEMS since 1989. The global network of 26 world-class academic institutions provides our students with an opportunity of obtaining the CEMS MIM in parallel with their Masters programme. This double degree in a network of renowned management schools and over 70 corporate partners has occupied a leading position in the global FT Ranking for Masters Programmes in Management for years. The excellent programme CEMS MIM is based on three cornerstones: intellectual competencies, professional competencies and practical competencies. These are provided by an exclusive one-year curriculum that consists of CEMS compulsory subjects in strategic and cross-cultural management, CEMS electives, CEMS business projects, block seminars and skill seminars. The students need to obtain a high level in management business communication in two foreign languages. A compulsory internship abroad and an exchange semester at a CEMS school conclude the programme. www.cems.org www.cems.unisg.ch cems@unisg.ch The one-year CEMS Masters in International Management (CEMS MIM) degree programme is exclusive to students studying at CEMS partner universities. HSG students can apply for this double degree programme during the Autumn Semester. The attractive CEMS programme is suitable for outstanding students who want to hone their high academic standards and professional skills, to enhance their ability to perform effectively in a fast-changing environment, to develop an empathy with different cultures, values and behaviours and the willingness to take responsibility within society, as well as to make themselves fit for global leadership roles. The alliance of universities, corporate partners, CEMS students and alumni creates the best conditions for this and for subsequent career opportunities.
52
www.unisg.ch
CEMS MIM students are able to apply their knowledge in business projects with corporate partners.
www.unisg.ch
53
DM2 double degree programme

Five of the top European business schools operate the DM2 double degree programme under the aegis of DAFME (Double Degree Agreement for Management Education in Europe). ESADE, Barcelona HEC, Paris RSM Erasmus University, Rotterdam Universit Commerciale Luigi Bocconi, Milan University of St.Gallen (HSG) More than 30 different Masters programmes from all the universities are involved in this double degree programme. This results in a wide variety of programme combinations for more extensive studies in the same or a similar major or for the choice of an additional major. After 22.5 years of successful studies, selected HSG students obtain two full Masters degrees from leading European universities. DM2 graduates also enjoy the very best career opportunities and close links with both universities and their alumni organisations. (This offer is not available for MIA students)
Double degree programmes with APSIA member schools

As a member of the Association of Professional Schools of International Affairs (APSIA), the HSG is able to offer students of the Masters in International Affairs and Governance double degree programmes with the following universities: Institut dEtudes Politiques (Sciences Po) in Paris, France The Fletcher School of Law and Diplomacy of Tufts University in Medford, Boston, USA Graduate School of International Studies of Yonsei University in Seoul, South Korea MIA students spend one year at our partner university and one year at the University of St.Gallen. The close cooperation between the two institutions and the mutual recognition of course work ensures students receive a high-quality education with a genuine cross-border reach. After two years students will have obtained a Masters degree from each of the two institutions. Further double degree programmes are in preparation.
www.exchange.unisg.ch 3 www.mia.unisg.ch mia@unisg.ch 3 www.apsia.org 3 www.exchange.unisg.ch
54
www.unisg.ch
FGV-EAESP double degree programme

Together with FGV-EAESP (Fundao Getulio Vargas, Escola de Administrao de Empresas de So Paulo) we have put together a double degree programme that, after 22.5 years of studies, offers you a Masters degree from the HSG as well as a second degree from the most renowned school of economics in Brazil. Students of the Masters in Strategy and International Management and in Banking and Finance are able to apply for this special double degree programme. www.exchange.unisg.ch
Our SIM and MBF students have the opportunity to apply for a double degree programme at the excellent FGV-EAESP in Brazil.
www.unisg.ch
55
Nanyang double degree programme

The students of the Masters in Strategy and International Management can participate in a double degree programme with the Nanyang Business School in Singapore to obtain an MBA from the Nanyang Business School and a SIM Masters degree from the University of St.Gallen. www.sim.unisg.ch www.ntu.edu.sg
56
www.unisg.ch
Student commitment
I chose the University of St.Gallen (HSG) because it is one of Europes top business universities. This is shown by the various rankings and by the EQUIS and AACSB International accreditations. Also, I love Switzerland because of its landscape with mountains, lakes, historic towns and the snow in winter. Thanks to the HSG, I found a very rewarding job at a global company based in Switzerland.
Yee Wen Yvonne Tay, Singapore

Associate, Strategic Corporate Development, Swiss Re
The Student Union

The Student Union is the official student representative body at the HSG and the umbrella organisation of all the associations and initiatives. Its representatives and the students work towards the realisation of their ideas and contribute to the development of the University. The HSG supports such students efforts and, in particular, encourages them to assume personal responsibility. www.myunisg.ch
entrepreneurial environment and the interfaces between business, politics and civil society. www.stgallen-symposium.org students simulating the regular WTO minister conferences. www.modelwto.org the HSG TALENTS Conference and present themselves on the HSG Campus. www.hsgtalents.ch More than 110 firms of international significance participate in The oikos Model WTO is an international event with 60
Student associations and initiatives

Nearly 100 student associations and initiatives contribute to a rich and diverse university life. These associations range from international ones such as the Gateway to India, the Club Latino and the Cercle des Francophones to sports associations like the Snow and Mountain Sports Association, St.Gallen Sailing and the Aviation Group. But cultural associations like ProArte, an orchestra and the HSG Big Band also contribute towards the wide variety of leisure opportunities. The University of St.Gallens students also organise events of international significance: The annual St.Gallen Symposium is the worlds leading platform for dialogue on key issues in management, the
Sports and leisure activities

To keep body and mind in balance, the University provides a gym, weights rooms, football field, tennis, basketball and beach volleyball court. The Universitys attractive location between Lake Constance and the Alps makes St.Gallen an ideal setting for all kinds of leisure activities, such as rock-climbing and sailing. The so-called Three Ponds are only a few minutes walk from the city centre: the three small lakes on a hill on the outskirts of the city serve as public swimming pools in the summer and as ice rinks in cold winters. The Peter and Paul Wildlife Park is situated near the University and is popular with students who want to go jogging and walking. www.sport.unisg.ch www.unisg.ch
57
University of St.Gallen students enjoy taking advantage of the many outdoor sports activities in the Swiss Alps.
58
www.unisg.ch
Career perspectives
The St.Gallen programmes will offer you an unprecedented proximity to practitioners. The University of St.Gallen has always maintained very close ties to the European business communities, enabling it to benefit fully from the prevalence and the expertise of the surrounding international companies.
Dr. oec. HSG Josef Ackermann

Chairman of the Management Board and the Group Executive Committee, Deutsche Bank, lic.oec. HSG, Dr. oec. HSG
Career Services Center (CSC-HSG)

Manage your career with us It pays to plan your career early on. The clearer you are about your competencies, values, interests and goals, the more focused you can be when developing job ideas, researching job opportunities, making contacts, using various offers on campus and discussing your career-related questions with company representatives. The experts of the Career Services Center support you in different stages of your career planning from taking stock of your career and doing research (Assess) to setting goals and applying for jobs (Act) to starting your job and further developing your career (Achieve). Our Career Management Services at a glance Career Counselling: one-on-one assistance on all career related topics Career Events: HSG TALENTS Business Insights, seminars, workshops and training on career related topics Recruiting Events: HSG TALENTS Conference in spring, HSG TALENTS Banking Days in autumn HSG TALENTS Online: CV publication, event sign-up, jobs and internship postings, company profiles, newsletter subscription
Career Management Handbook: consolidated know-how and practical support for your career planning process Career Library: Career Management literature Furthermore, we assist you with specific information about the work permit regulations in Switzerland for your respective nationality. While international students are allowed to work part-time during their studies, regulations accord priority to Swiss and EU nationals after graduation. The Career Management Team would be glad to speak to you to move you closer to your career objectives.
Career Services Center (CSC-HSG) University of St.Gallen (HSG)

Mirjam Trachsel Career Management International Students Dufourstrasse 50 CH-9000 St.Gallen Phone: +41 (0)71 224 29 23 E-Mail: csc@unisg.ch www.csc.unisg.ch
www.unisg.ch
59
The HSG TALENTS Conference is the University of St.Gallens official recruiting event, and as such one of the biggest in the German-speaking area. Our students are offered the excellent opportunity to establish contacts with more than 110 companies, to market themselves and to extend their network. www.hsgtalents.unisg.ch
60
www.unisg.ch
Labour market
The labour market puts a premium on HSG degrees. On average, graduates are able to choose from 2.2 job offers. Search for employment: more than 80% of graduates already have a job at the time of graduation. The quota of HSG alumni in Swiss top management is outstanding. The HSG has the greatest placing power in Business Administration and is the runner-up with regard to Law.
(Source: Graduate Survey Report, 2010, University of St.Gallen)
Some of the HSG Alumnis most important employers are:
HSG Alumni
HSG Alumni is the official organisation of former students of the University of St.Gallen. With more than 19,000 members and 100 Alumni Clubs on 5 continents, it is one of Europes leading associations of this type. It reinforces the alumnis lifelong bonds with the University, as well as the networks among its members, by means of numerous events and information platforms. www.alumni.unisg.ch
Strength. Performance. Passion.
www.unisg.ch
61
Financial information
What does it cost to study at the HSG?

Students living costs vary according to their lifestyles. The Student Union bases its calculations on an annual budget of approximately CHF 25,000 per person.
CHF 24,000) into a Swiss bank account and submit the bank statement with the other documents to the embassy to obtain the visa. Please note that you will need this amount during the first year and make sure that you can finance the following years as well. www.eda.admin.ch
Tuition fees
The effective cost of studies incurred by the University of St.Gallen amounts to CHF 26,500 per student per year. But a students annual contribution is only a fractional amount. The large remainder is defrayed by third parties in the form of sponsorship and by the Confederation and the cantons. application fee: CHF 250 tuition fee per semester for foreign Masters students: CHF 2,126 (CHF 4,252 per year).
Accommodation
We do not offer on-campus housing. Generally, students share an apartment or rent a small one. If students share an apartment, they can obtain a single bedroom from CHF 450 upwards per month. Rents for small private studios range from CHF 650 upwards per month. The Student Union has a housing market on its website. The HSGs Student Mobility offers a limited number of rooms in a student residence against a brokerage fee. Interested parties should contact us as early as possible. E-Mail: exchange@unisg.ch www.myunisg.ch
The visa process

Most students who come to Switzerland must obtain a visa prior to entering the country. It may take several months for a visa to be issued. Please contact the Swiss Embassy in your home country at an early stage to find out about the relevant procedures and documents to be submitted. Please be aware of the fact that in most cases students have to prove that they have sufficient financial means for their stay in Switzerland. For this reason they have to transfer money (currently
Food
A regular menu at the on-campus cafeteria costs about CHF 8. Students can find all kinds of restaurants and snack bars in town. Regular lunch menus are priced from around CHF 15 upwards. In the fast-food outlets such as McDonalds and kebab stands, menus are more favourably priced.
Health insurance Enrolment Services

Our Enrolment Services assist international students with immigration formalities, with general issues related to settling down in St.Gallen and with problems during their early days at the HSG. www.enrolment.unisg.ch Various items of information about moving to St.Gallen and about health insurance schemes for foreign students can be found on the website of the City of St.Gallen. Students are required to take out a Swiss health insurance unless the Swiss authorities accept their original one. Costs start at around CHF 100 per month. www.stadt.sg.ch
62
www.unisg.ch
Travelling
In Switzerland, travelling by public transport is very convenient and is encouraged. Students are advised to obtain the Swiss Federal Railway half-fare card in order to save 50% on all tickets. It is available for CHF 165 and valid for one year.
Money-earning opportunities
International students can apply to work 15 hours a week and full-time during the mid-term break. The university and its institutes are always looking for students to work on some project or do regular work. It is customary for a relatively high percentage of students to work at the University. Information for international students can be found at: www.csc.unisg.ch
Swiss grants
Switzerland also offers grants to international students from some countries. Interested parties should contact both the Swiss Embassy in their home country and Helen Obrist, the Federal Grant Officer of the University of St.Gallen at helen.obrist@unisg.ch. Swiss Embassy: www.eda.admin.ch www.studyfunding.unisg.ch
Scholarship and loan fund at the HSG

We have two different types of funds to help you finance your studies. To ensure financially disadvantaged students are also able to study at the HSG, we have the loan and scholarship fund. The fund offers scholarships and interest-free loans to students enrolled in the Bachelors or Masters Level. The purpose is to support students in need. To be eligible to apply for either form of aid, students must be enrolled for a minimum of one semester. The Starr International Foundation Scholarship Fund is set aside for highly talented foreign-language students with a recognised foreign Bachelors degree who are completing a Masters degree in one of the English-language programmes. Exceptional students are identified by the Advice Center for Study Funding and asked to hand in an application. Please check our website and contact Mrs Eva Flick, Head of the Advice Center for Study Funding, for further information on the above-mentioned or other options. www.studyfunding.unisg.ch E-Mail: studyfunding@unisg.ch Monthly expenses Housing costs 990
Rent580 Food340 Communication70 Studying costs Tuition (foreign students) and class materials Other expenses 580 460 530
Transport120 Health180 Clothing100 Spare-time activities Total Expenses (CHF)

130 2,100
Miscellaneous120
www.unisg.ch
63
Academic calendar and application process
Autumn Semester Application deadline Start of semester Mid-semester break End of semester Exams
30 April Calendar week 38 Calendar weeks 44 /45 Calendar week 51 Calendar weeks 37
Spring Semester
30 November Calendar week 8 Calendar weeks 14/15 Calendar week 21 Calendar weeks 2529
Application process
Applicants will have to fill in an online form and send various documents to the Admissions and Crediting Office of the University of St.Gallen. You can find the online form and all the necessary information under www.admissions.unisg.ch. The online form can only be filled in during the application time windows. Application time frame: to start in September (Autumn Semester): 1 February to 30 April of the current year to start in February (Spring Semester): 1 September to 30 November of the preceding year
2. If you still are unsure whether with your academic background you are eligible for a degree course at the University of St.Gallen, please send your certificates and transcripts to the Admissions and Crediting Office for a pre-check by e-mail: admissions@unisg.ch. This Office will establish whether you possess the necessary academic background. 3. If you have decided to apply for studies at the HSG, you should sit an international test and possibly a language test if you have not done so already. You must submit the results of these tests by the end of the application deadline. 4. Apply online for the course in good time. During this
How to apply for a Masters degree course

1. You will find all information pertaining to degree courses, admission criteria and deadlines on our website at www.unisg.ch. Please inform yourself thoroughly about the admission criteria on our website: www.admissions.unisg.ch.
process you will be told what documents you have to submit. Prepare these documents, send them to us, and pay your application fee. Once you have done that, you have completed the application for a degree course at the University of St.Gallen. If your application is accepted, you may take up your studies at the beginning of the following semester.
64
www.unisg.ch
Education fairs and campus visits

The HSG takes part in various education fairs worldwide. We would appreciate meeting you at a fair and explaining more about the HSG. If you would like to get an idea of the University in person, you are cordially welcome to visit our campus. Please send an e-mail to us at info@unisg.ch so that we can fix a date. www.fairs.unisg.ch
www.unisg.ch
65

Masters in Management:
1st place among the best business universities worldwide
Accreditations
The University of St.Gallen is committed to maintaining its high standard of education, which is internationally recognised, as well as its excellent quality of service on campus - these two aspects are considered to be ongoing for the HSG. It is for this reason that the HSG has introduced comprehensive measures of quality assurance and development. It also subjects itself to the scrutiny of the highest international quality standards by independent experts for the purpose of accreditations. Thus the HSG has earned the EQUIS (2001) and AACSB (2003) accreditations and consequently has obtained the two most demanding international seals of approval for business schools.
with the Master in Strategy and International Management

2nd place among the best business universities worldwide
with the CEMS Master in International Management (CEMS-MIM) Masters in Finance: 12th place among the best business universities worldwide with the Master in Banking and Finance Top European business school: 12th place among business schools in Europe
CHE Ranking
Excellence Ranking Economics Masters Programmes Business administration: top group in European, German-speaking countries Economics: top group in European, German-speaking countries International relations: top group in European, German-speaking countries
EQUIS
The European Quality Improvement System (EQUIS) is a seal of approval that has been awarded by the Foundation for Management Development (EFMD, Brussels) ever since 1997 to institutions that meet its standards of quality. These standards include general criteria such as national ranking and resources, internationality and links to the business world.
AASCB
Handelsblatt Ranking
Business research: 2nd place in European, German-speaking countries Economics research: 9th place in European, German-speaking countries www.rankings.unisg.ch
The International Association to Advance Collegiate Schools of Business (AACSB International) was founded in 1916 as a special agency designed to advance B.A. and M.A. programmes. Besides leading American business schools, the best international business schools have also been granted accreditation since 1997. www.rankings.unisg.ch
66
www.unisg.ch
Useful weblinks
Studying in Switzerland
www.swissuniversity.ch www.crus.ch
Federal Department of Foreign Affairs

www.eda.admin.ch www.sbf.admin.ch www.swissworld.org
Swiss Scholarships
This brochure contains information about the six English-language Masters programmes of the University of St.Gallen (HSG). Please consult our website for information about the Germanlanguage Masters programmes, as well as for information about the Bachelors Level, the Ph.D. Programmes and the Executive School. The relevant brochures can also be ordered on or downloaded from our website.
Information about Switzerland Information about St.Gallen

www.st.gallen-bodensee.ch www.stadt.sg.ch
University of St.Gallen (HSG) 2011: The information in this publication is correct as of Dec. 2011, but the University of St.Gallen reserves the right to make changes affecting policies, fees, curricula, or any other matter announced in this publication without further notice. Editorial office: Marketing. Photos: Hannes Thalmann, University of St.Gallen.
www.unisg.ch
67
General questions
University of St.Gallen (HSG) Office of Students Affairs Dufourstrasse 50 9000 St.Gallen Switzerland www.unisg.ch E-Mail: info@unisg.ch Phone: +41 (0)71 224 21 12
Questions regarding enrolment and admission

www.admissions.unisg.ch E-Mail: admissions@unisg.ch
Student Mobility
www.exchange.unisg.ch E-Mail: exchange@unisg.ch
Facebook
www.facebook.com/HSGStart
EFMD

HSG Masters PDF

Cargado por

Información del documento

Título original

Derechos de autor

Formatos disponibles

Compartir este documento

Compartir o incrustar documentos

Opciones para compartir

¿Le pareció útil este documento?

¿Este contenido es inapropiado?

Copyright:

Formatos disponibles

HSG Masters PDF

Cargado por

Copyright:

Formatos disponibles

School of Management, Economics, Law, Social Sciences and International Affairs

e Finan cial T Ranki imes ng

International Masters programmes from Switzerlands leading business university

University of St.Gallen (HSG): degree courses

Programme language German German German German German

Postgraduate programmes leading to the degree of

English or German English English or German English or German German

English English or German

sponsorships thanks to its good relations with trade and industry.

In demand on the labour market

Unique academic profile

Worldwide HSG Alumni network

Rankings and accreditations

Sustainability and responsibility

Prof. Dr. Thomas Bieger

The University of St.Gallen (HSG)

Contextual studies The academic profile

Rankings and accreditations

Masters Programme (10 Programs)

Masters Programme (12 Programmes)

Masters Level (1.52 years)

Bachelors Level (2 years)

Assessment Level (1 year)

Secondary School Leaving Certificate

Major & Core Subjects (5 Majors)

Practical Experience Bachelor of Arts HSG B.A. HSG

Major & Core Subjects

Master of Arts HSG M.A. HSG

Facts about Switzerland

Switzerland is situated in the heart of Europe

Masters Programme in Marketing, Services and Communication Management

Subject-matter and structure

International exchange programmes

Reasons for enrolling in the MSC

Configuration Commercialisation Competence Partner System Cooperation

MSC admission requirements

 Customer Value and Communication Management II  Applied Research Project II

 Channel Management Automotive Marketing  Customer Value in Transportation  ...

Schedule & tuition

Critical Thinking and Cultural Awareness

Masters Programme in Marketing, Services and Communication Management

Prof. Dr. Sven Reinecke Academic Director

Prof. Dr. Marcus Schgel Academic Director

Prof. Dr. Pietro Beritelli Executive Director

University of St.Gallen (HSG)

Masters Programme in Banking and Finance

CFA Program Partnership

Curriculum: contents and structure

Compulsory subjects Instrumental dimension

Core electives Institutional dimension

Danielle Brassel, Switzerland

MBF admission requirements

International exchange programmes

Core Electives Contextual Studies

1 Research Seminar, e.g:

Core Electives, e.g.:

Financial Markets Financial Institutions Quantitative Methods

Profile Schedule & tuition

Critical Thinking and Cultural Awareness

Masters Programme in Banking and Finance

Prof. Dr. Manuel Ammann Academic Director

Prof. Dr. Rico von Wyss Executive Director

Philipp Horsch MBF Assistant

Customer Value and Communication Management II Applied Research Project II

Channel Management Automotive Marketing Customer Value in Transportation ...