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Global Economics and Management (GEM) - The Program
A multitude of political, social and cultural forces drive economic decisions in our globalized world. To understand these forces, students need to learn about the many challenges faced by today’s firms and economies. These include resource scarcity, climate change, economic growth, financial crises, or inequalities. The program Global Economics and Management views the classical studies of business administration and economics within a global context and combines them with knowledge from political science, sociology and management. Students gain a transdisciplinary understanding of global economic challenges with an emphasis on sustainable development and responsible leadership.
The Bachelor program Global Economics and Management has received excellent ranking results in the most recent university ranking conducted by the Center for Higher Education (CHE).
5 reasons why you should study Global Economics and Management (GEM) at Jacobs University
Career Perspectives
Careers in international companies and organizations in areas such as purchasing, production, sales, engineering, and consultancy and with non-governmental organizations and international aid agencies..
Solid labor-market qualification
With its combination of economics and management, students acquire solid labor-market qualifications for junior management positions with responsibilities in function-specific tasks and projects within areas of employment such as business development, sales and marketing, human resource management, organizational development, strategy and technology consulting, as well as for analyst positions in these fields or in specific industries.
Well-prepared for top global career paths
In the last years, our graduates obtained internships and positions in a variety of institutions, including the World Bank, MIT, or the Harvard Kennedy School, and at companies such as Volkswagen, Deutsche Bank, Ernst & Young, Deutsche Börse, KPMG, Henkel, Daimler, LinkedIn, Microsoft, Uber, Vodafone, Zalando or Deloitte, as well as in various startups. A degree in GEM will also equip students with transferable skills that will allow them to move into other areas of employment in a variety of employers such as national and multi-national companies, governmental agencies, NGOs, international organizations, think tanks, special interest groups, or research institutions.
Academic qualification equivalents
English language requirements (one of the below):
Type | Private |
Campus Setting | Suburban |
International Students Eligible | Yes |
Cost of Attendance | Varies by program |
Campus Housing | Available |
Financial Aid | Scholarships/ Grants/ Loans |
Mentioned below is an estimated cost of attendance for undergraduate and graduate students at Jacobs University.
Type of Expense | Cost for Undergraduates (EUR) | Cost for Graduate Students (EUR) |
---|---|---|
Tuition | 20,000 | 20,000 (Data Engineering; Supply Chain Management) 10,000 (Psychology) |
Room and Board | 8,000 | 4,000 |
Various University Fees | 1,134 | 1080 |
Residence Permit | 100 | 100 |
Health Insurance | 1,260 | 1,260 |
International applicants can submit any of the following scores to demonstrate English proficiency.
Exam | Minimum Score |
---|---|
TOEFL (PBT) | 575 |
TOEFL (iBT) | 90 |
MELAB (Michigan Test) | 80 |
British Council IELTS (Int'l. English Language Testing System) | 6.5 |
ELPT (English Language Proficiency Test) | 965 |
GCSE (British General Certificate of Secondary Education) | A or B |
Cambridge EFL Examinations | A, B, C, and C1 pass |
Cambridge EFL Examinations | A, B and C |
Cambridge EFL Examinations – First Certificate in English (extended certification) | A |
International Baccalaureate English A Literature & English A Language and Literature | 6,7 |
SAT Critical Reading (Old SAT) | 580 |
SAT Evidence-Based Reading and Writing (New SAT) | 600 |
ACT Writing | 9 |
Duolingo English Test | 60% |
Tuition Fees in USA (1st Year Average) | BE/Btech: USD 28300 | MS: USD 22693 | BBA: USD 26616 | MBA: USD 29558 | BSc: USD 29418 | MA: USD 20452 | MIS: USD 22133 | MFin: USD 37683 | MEng: USD 29558 | MIM: USD 35301 | MEM: USD 23254 | MArch: USD 34741 | MFA: USD 28857 | BHM: USD 27176 |
Average Accomodation & Food Costs in USA | USD 700 to 1000 Per Month |
Entrance Exams in USA | TOEFL: 86 | IELTS: 6.5 | PTE: 60 | GRE: 309 | GMAT: 560 | SAT: 1177 |
Work and Study in USA | Permitted for 20 hours/week with a valid study permit. Know More |
Post Study Work Permit in USA | One to Two Years after graduation depending on the course. |
Cost of Student Visa in USA | USD 160 |
Student Visa in USA | F1 Visa for USA allows you study permit in USA in full time academic courses. Any accredited school, college, university, academic institute, seminary, or conservatory in USA must accept you beforehand to apply for F1 visa in USA. Know More |
Intakes in USA | There are Three Intakes in USA: Fall (August-September), Spring (January) Know More |
Top Job Sectors in USA | Health Care, Education, Construction, Hospitality & Tourism, Business Services, Finance. |
Economy in USA | GDP Growth of 2.1% (Q4 2019), The Larges Economy of the World by Nominal |