MSc in International Business and Management

Duration: 14 months / evening classes
Application Deadline: Rolling admissions | Upcoming deadline : October 29, 2021
Start Date: September 2022
Fees: € 12,500


The MSc in International Business and Management will prepare young graduates (with business or non-business background) for an entry into the world of business. With a sharp focus on developing well-rounded professionals, this general management program will equip you with the knowledge, practical experience, and confidence to launch yourself in business. You will learn to apply skills in a variety of companies, whether in a large multinational corporation or in an export-oriented, fast-growing, small company and variety of functions whether it is finance, supply chain, or marketing in Greece or abroad.


Key features of the program

  • Weekday classes between 18:00 – 22:00, three times per weeks on average
  • A 12-month program (working students can extend their studies to 14 months).
  • 9 core modules & 2 workshops
  • Assessment: group reports/presentations, case study analysis, mid-term tests, final exams
  • 4 elective courses or international component (studies abroad) or Field Consulting Project. Note that the number of the elective courses that a student may follow is not standard, since courses offered are either equivalent to 2 credits or 1 credit each
  • Dissertation or Career Development (Internship or Professional Development for working students).


The MSc in International Business and Management Is Designed for:

  • Recent graduates from any discipline who wish to work in business and management.
  • Recent graduates in business, management or economics seeking in-depth insight into the mechanisms of the global economy as well as the strategy and operations of a multinational corporation or an internationalizing firm.
  • Young professionals with limited experience who want to enhance their employability in the local and the international labor market.

You may find here more information about the Program's Intended Learning Outcomes.



Current Student Profile



Mandatorycareer development course (summer internship for those currently unemployed or professional development for those who already work is an integral part of our program of studies). Students will connect the knowledge, models and skills learnt in class with the everyday practice of business and management, improving significantly their employability after graduation.

An applied perspective within every single course. Students apply their knowledge to updated and cutting-edge case studies sourced from world-renowned authors and well-known publishers.

International relevance. Students familiarize themselves with international terms and global strategies through the capstone course “Global Business & Trade”. Particular attention is being paid to understanding the architecture of cross-border trade and the dynamics of international business strategy.

Extensive opportunities to takecourses abroad through student exchange agreements with a large network of top Business Schools worldwide.

Exposure to real life business problems through Field Consulting Projects.

The optional research dissertation for those interested in pursuing a PhD and the elective courses help students become independent thinkers as they will critically assess and challenge the established models of management and propose innovative ways of addressing key challenges at work.

Graduates of the MSc in International Business and Management choosing to take The Alba MBA after having acquired the necessary work experience, will have three courses waived, in addition to the Alba Alumni discount*.


MSc in International Business & Management Total Year Schedule 2021-2022

The school reserves the right to re-examine the structure of all academic programs and proceed to any necessary changes in the total year schedules.

5th Period: Dissertation or Career Development (Career Development: Internship or Professional Development)*


*Students who wish to attend the 14-month program, will attend the “Professional Development” or the “Dissertation” during September – October 2020.

*Career Development is an option provided only to Greek and EU students. According to Greek labor and immigration law, international VISA holder students are not permitted to do an apprenticeship in Greece. Alternatively, they can access global internship opportunities through the international job portals provided by Alba’s Career Office.

1st Period | September – October

Courses Credit Hours
Quantitative Methods for Business
For a successful career in business, professionals should possess sufficient quantitative skills to help them make informed decisions backed by data analysis and statistical inferences. The course aims to introduce, in an intuitive and rigorous way, the fundamental statistical tools of decision theory under uncertainty. Topics covered include basic statistical principles, probability distributions, inferential statistics (confidence intervals hypothesis testing) and regression. The course combines the theoretical concepts and reasoning with practical examples to help students master the quantitative methods of modern business management. The course also includes an introduction to Excel’s data analysis tool and basic functions.
Financial Accounting
With the aim of evaluating corporate financial performance and making financially rational decisions, this course introduces students to financial accounting, reporting and analysis. This module aims to develop awareness in students of the way in which accounting is embedded in a particular socio-economic, political and cultural context and challenges the perception that accounting is a purely technical, uninterested and neutral practice. Within this framework, the module seeks to provide students with a broad introduction to the need for external accounting systems, the principles explicit and implicit within such systems, and the strengths and weaknesses in such systems. The module acts both as a standalone and as an underpinning for subsequent modules as required.
Business Economics
This course concentrates on the economic foundations of management by developing tools to analyze key issues of the industry (Microeconomics) and general economic environment (Macroeconomics) of a company. The first part, Microeconomics, analyses consumer behavior, producer pricing and production decisions under different market structures. The second part, Macroeconomics, studies the operation of the entire economy, analyzing topics such as the determination of aggregate output, employment, inflation, interest rates, exchange rates and other macro variables

2nd Period | November – December

Courses Credit Hours
Managing People & Organizations
From the smaller business to the larger organisation in the global economy, companies depend on the motivation and behavior of people with diverse backgrounds and cultural values that have to work together effectively and efficiently. It is the role of managers to plan, organize, direct and control an organization’s resources in the manner most effective for it to achieve human, organizational and social objectives in a changing environment. This course is built around a participative lecture program that encourages collaborative learning. Each session integrates classical and modern concepts, building on key theories with a rich array of contemporary real-world examples and cases. It combines most recent and prestigious publications that illustrate the core concepts presented in each lecture with videos, group assignments, presentations and role-playing activities.
Business Writing & Presentation Skills
This introductory course outlines the main principles of writing academic and business reports. In this course, a series of activities are used to develop, extend and enhance analytical and synthetical writing skills. The course explains the importance of knowing one’s audience, purpose and subject of a written report. The sequence of steps in writing effectively is analysed. Prewriting, revising and editing techniques are discussed. The process of conducting a comprehensive literature review is outlined, which compares and contrasts relevant studies, in order to create a solid theoretical foundation, upon which one’s own views can be presented and justified. Finally, the importance issue of plagiarism and how to avoid it is discussed. The workshop on presentation skills teaches you how to prepare and deliver presentations effectively focusing on providing you with the necessary tools that will help you enhance your presentation skills in a face to face and virtual setting. Preparation and delivery techniques are analyzed and emphasis is given on proper structure of content.
Financial Management
This course analyzes the major investing and financing decisions made by an international firm. Topics covered include analysis of financial information for managerial decisions, valuation of corporate securities, financing decisions and cost of capital, company valuation, and long-term investing decisions.The students will learn and practice essential skills related to the successful development of a financial plan. After the completion of this course students are expected to be able to conduct financial analysis of major business decisions

3rd Period | January – February

Courses Credit Hours
Production and Operations Management
In this course students learn how the design of productive systems, strategic planning, and operations planning and control can help them increase productivity and customer service as a springboard for increased profitability. The course is intended to anyone interested in operations, strategic planning and valuation. In general, a working knowledge of operations, which typically employs the greatest number of employees and requires the largest investment in assets, is indispensable for general managers and entrepreneurs.
Marketing Management
The main goal of this course is to provide students with a framework of the theoretical concepts and practical tools of modern marketing. Students will learn how to translate business level goals into marketing strategies. How to use the basic marketing levers (i.e. product/service, price, distribution, marketing communications, and marketing research) to accomplish such strategies. Moreover, they will develop a critical thinking of new trends in marketing management and how they transform established marketing practices. Ultimately they will develop a more concrete understanding of what marketing is and what are its capabilities and boundaries within the contemporary business practice.

4th Period | March – April

Courses Credit Hours
Strategy Formulation and Implementation
This course deals with the analysis and creation of business and corporate strategy as well as practices for growth of a small firm or even a large multinational corporation. Business strategy formulates the set of objectives and policies that define how a firm positions itself to gain competitive advantage and increase returns for its shareholders. Two questions are of importance, then: “Where should we compete in” and “How should we compete?” In answering these questions, we formulate a plan on a) understanding the firm’s external environment in terms of industry-level competition and the institutional idiosyncrasies characterizing the context of a country and b) screening and diagnosing the firm’s internal resources and capabilities. Further, we look at issues of effective implementation of business and corporate strategies, such as identifying and implementing relevant business models, applying and combining product and market diversification strategy, gaining insights on the increasingly important role of innovation management, and familiarizing ourselves with the contextual, strategic and operational issues of corporate governance. The course offers students the opportunity to work in teams and develop unique case studies for well-known entrepreneurial firms.
International Business
In today’s globalized, interconnected and rapidly changing world, multinational enterprises’ human capital should be properly informed and equipped with the required skills and knowledge in order to, first, cope with the ongoing challenges they face due to increasing competition, and second, be prepared to leverage potential opportunities arising from the international context. In this course, we will introduce the core theories of International Business and Trade and explain what motivates firms to internationalize. We will then embark upon our journey to explore how multinational enterprises formulate and implement their international strategy. This includes strategies for analyzing and entering foreign markets, the formation of strategic alliances and networks and the process of designing and controlling international organizations. Finally, we will explain how the dynamics of internationalization have changed due to the emergence of the 4th industrial revolution and the rise of digitalization. A unique feature on this journey is the participation of all students in the most well-known global competition dedicated to international business, called X-Culture. Students are assigned to global virtual teams where they are invited to work with international students who study in universities across the globe. Students, working in teams, will be presented with an international business challenge (real case) and will be given about two months to develop a solution. Overall, the International Business capstone course offers both theoretical and practical knowledge as well as international experience to all students.
International Experience
Emotional Resilience and Adaptability
In the current work environments that are often characterized by volatility, uncertainty, complexity and ambiguity, the ability to effectively manage emotions, readily adapt and bounce back from adversity is more important than ever for managers. In addition to emotional intelligence skills that have long been recognized as imperative in the workplace, emotional agility, emotional resilience and adaptability emerge as key skills that can help managers navigate current challenges and assist them to build resilient teams and organizations. This course will examine the role of emotions in the workplace and the processes by which people can identify and manage their emotions constructively. It will further examine the key conditions for human flourishing at work in times of adversity, such as authenticity, a growth mindset, positive psychological capital, grit, compassion and high quality relationships. During the course, special emphasis will be placed on the development of emotional agility, emotional resilience and emotional intelligence competencies such as self-awareness, adaptability, empathy and relationship management. Participants are expected to be open and honest to themselves, the teacher and the fellow students as many of the exercises involve sharing personal feelings, thoughts and experiences.
Road testing- Feasibility Analysis
The objective of this course is to teach student teams how to “road test” their Lean Start-up Models by carrying out a full feasibility analysis. Using the “Business Plan Road Test” model, teams will develop research plans to investigate industry and market domains, at both micro and macro levels. They will also engage firmly with the internal elements of their venture, considering formally the competences, social and human capital, and motivational aspirations of their entrepreneurial team. After carrying out detailed secondary and primary market research, student teams will assess the financial, strategic, operational and marketing feasibility of their concepts, enhancing still further their business models.
The Future of Work
This course examines the impact of technological advancements, economic factors, changing demographic patterns and shifting societal norms on the organization of work. Developments related to the aforementioned factors are discussed, as well as their repercussions on the labour market, competencies in demand and emerging working models / forms of work. The scope of intervention of alternative stakeholders (institutions, organizations, individuals) in ensuring decent and sustainable work is contemplated. The strategic role of Human Resources is emphasized in terms of: designing and implementing organizational interventions that enhance the organization’s adaptability to the environment leveraging traditional and emerging forms of employment developing learning and development programs that support the workforce through transitions The aim of the course is to develop increased awareness and fluency on the aforementioned issues. This aim is to be achieved through a synthesis of theoretical insights, practical examples and the co-creation of knowledge through independent search of relevant resources and group discussions.   

5th Period | May – July

Courses Credit Hours
Management Accounting
The course discusses the concepts and tools needed to understand and apply accounting information in optimizing managerial decisions, corporate planning and control. It focuses on the application of cost management, pricing, customer profitability analysis, budgeting, variance analysis, for effective decision making. Upon completion of the course students will develop an understanding of the importance of management accounting systems in helping corporations pursue their strategic objectives. They will also be able to apply management accounting techniques as well as understand their limitations in planning and control.
Entrepreneurial Flexibility
The objective of this  intensive workshop is to  introduce the theories and practices required to master the post start-up phase of entrepreneurship, focusing on survival techniques, growth strategies, and modern approaches such as pivoting, and co-opetition. Exit options, and dealing with entrepreneurial failure, will also be covered. The emphasis on the workshop is on combining the latest theory with mini-cases, class exercises, and other forms of real life example. It is anticipated that the content of this class will form an additional conceptual underpinning for the Entrepreneurship Team Field Project.
In the wide sense of the term, negotiating with others (both partners and rivals) is a necessary feature of all managerial jobs. In this course students are introduced into the fundamentals of effective negotiations: how to think strategically, what tactics to engage in, and what goals to aim at. The objective of this course is to improve participants’ ability to avoid traps in negotiations and help them see their range of rational options (and their ramifications) in particular situations. The course is designed to provide participants a conceptual framework for preparing and conducting negotiation, and to give them some experience in using this framework.
Career Development
This course aims to provide students with theoretical stimuli and practical support, as to enhance the experience of participating in a real-life work environment. The main component of the course’s design is a 3-month internship, where students have the opportunity to apply the knowledge, skills and competencies gained during their studies. The internship will be complemented by (a) academic insights on themes related to the future of work, employability and career development and (b) a structured supervision process that encourages students to establish connections between management theory and practice through a guided, reflexive process. The course will examine the impact of technological advancements, economic factors, changing demographic patterns and shifting societal norms to the organization of work. It will also establish connections between the workplace of the future and emerging debates in employability and career development. Requirements for learning and development in the digital era will be critically evaluated with particular reference to the effectiveness of available learning models and methods. The value and relevance of responsible management and its manifestations in practice will also be highlighted, along with the role of the reflexive practitioner, i.e. the practitioner who is critically aware of the impact of his or her assumptions, values and behaviors on the workplace and the wider community.  
The Dissertation is a research project of a student’s special interest in a faculty member’s area of expertise. The students will have the opportunity to construct a detailed plan of a research project; to review specific literature on the selected topic; to identify relevant research questions from the literature; to be able to turn general research questions into empirical ones; to select and justify an appropriate research design; to select and employ suitable methods or techniques to investigate the empirical questions; to analyze financial or social data and to write a report covering a review of the relevant literature, the research questions, an explanation and justification of the design, a description of the conduct and analysis of the research, and a discussion of the findings in relation to the literature and methodological issues.

6th Period | September – October

Courses Credit Hours
Sustainability Business Ethics & CSR
Understanding the ethical basis of human behaviour is of fundamental importance for building commitment to organizational goals and for imparting integrity and a sense of the common good in organizational members. The course examines a broad array of matters relating to ethics, including: individual and organizational obstacles to ethics; ethics information processing methods and judging theories; an action-learning framework for ethics leadership; adversarial win-lose ethics methods; integrative win-win ethics methods; dialogic transcendent ethics method; reflection and developing personal and contingency ethics leadership approaches; developing on ethics leadership action-learning plan. The course focuses also on sustainability, corporate social responsibility and corporate accountability with further emphasis placed on business strategies that aim to create long term value and a positive environmental, social and economic impact. Actionable knowledge is achieved by applying theory in real life situations through critical analysis and debating on prominent cases and in class discussions on current trends and developments on sustainable business activities.


The Professors

Academic Director
Georgios Batsakis Associate Professor of International Business

Dr. Batsaki's research focuses on internationalization processes and foreign market entry strategies of multinational enterprises. His teaching lies in the areas of international business, strategic management and entrepreneurship. His reseach has appeared in leading international journals. Dr. Batsakis has established strong ties with the industry, where he has been invited as keynote speaker, coordinator and judge in practitioners’ conferences .

alba profile link
Course Faculty
Associate Professor of Finance and Quantitative Methods view more
Evangelia Baralou Academic Director of the MSc in Tourism Management
Senior Lecturer in Organisation Studies, Open University, UK view more
Georgios Batsakis Academic Director of the MSc in Internattional Business and Management
Associate Professor of International Business view more
Professor of Management at Durham University Business School view more
Christos Koritos Academic Director of the MSc in Marketing
Associate Professor of Marketing view more
Kyriakos Kyriakopoulos Academic Director of Executive MBA, Academic Director of Alba - Eurobank MBA in Financial Services
Professor of Strategy and Marketing view more
Director Career and Alumni office view more
Associate Professor in the Practice of Accounting view more
Kostas Tzioumis Academic Director of the MSc in Finance
Associate Professor of Finance view more
Stefanos Zarkos Associate Dean of Academic Programs, Academic Director of The Alba MBA & MSc in Entrepreneurship
Associate Professor in the Practice of Finance view more


After completing the program, participants should be able to:

  • Comprehend qualitatively and quantitatively the core areas of business.
  • Be effective decision makers, capable of solving a variety of business problems.
  • Craft an effective business plan and learn how to manage the project.
  • Display strong analytical and communication skills.
  • Be a valuable team player in a multinational-multicultural business environment.


Scholarships Scheme

You can secure pre-approval of your scholarship, before you apply for admission to the MBA or MSc program of your choice.

Apply for scholarship

GMAT Scholarships

Scholarships of 40%  for MBAs and MSc programs for GMAT ≥ 700

SEV (Hellenic Federation of Enterprises) Scholarships

Partial scholarships of 50%  to Small and Medium Enterprises – members of SEV, offered as rewarding services to the members of the Federation.

Theodore Papalexopoulos Scholarships

Partial scholarships,for various programs, based on a combination of academic/professional performance & potential 

Next Generation Family Business Scholarship

Two (2) merit-based scholarships of 50% to a member of the next generation of a family business for several MBA & MSc programs

Democritus University of Thrace

Scholarships up to 100% for MSc in Business for Lawyers and MSc in International Business and Management to graduates of the Law School of Democritus University.

28th Economia Competition

50% scholarship for spesific MSc Programs to all members of the winning team of the Economia Student Contest


To be considered for admission, candidates must:

  • Hold a bachelor’s degree; 
  • Provide evidence of excellent command of the English language;
  • GMAT tests are optional unless the Academic Committee requires the applicant to take them: in any case, scores of 550 or more (GRE >155) can strengthen your application and help you secure a scholarship.

Candidates must submit:

  • The completed application form, including one recent photograph in jpeg format;
  • Two letters of recommendation in Greek or in English language.
  • Official Academic Transcripts as well as Certified copies of degrees from each undergraduate, graduate or professional degree earned;
  • Proof of competence in the English language (unless schooled in English), e.g. Proficiency or TOEFL or IELTS.
  • Three Essays, as indicated in the Application form;
  • Receipt of the non-refundable application fee's [€60] deposit

Click here to download the details for admission.

To learn more about academic policy, course credit policy, fees policy and rules for student conduct read the Student Handbook 


Get in touch with us
Lia Tsiambousi Program Manager

We urge applicants to request further information or to come for a meeting at our downtown campus, in order to better understand their profile and motivations.

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Tel.: +30 210 89.64.531-8

Fax: +30 210 89.62.139


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