Msc Management student

MSc Management (2-year)

Explore the opportunity to obtain a triple perspective on management, and gain international management experience.

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About The Course

Multinational companies require graduates with specialist management skills and a strong awareness of different cultural, economic and academic perspectives to cope with the challenges of global management.

Our two-year triple degree provides you with a truly European cultural, economic and academic perspective and the tools to launch a successful management career. It is co-designed, taught and assessed by Lancaster University Management School (LUMS), emlyon business school in Lyon, and Ludwig Maximilian Universität, Munich (LMU) in Munich. You will be part of a group of students from across the globe combining generalist and specialist management learning at leading business schools with international internships, and practical experience. 

We will support you in finding placements for the two built-in global internship opportunities, which provide real-world contexts for your studies. 

For a list of modules you will study, please take a look at our course content section.


Key Facts

Course Content

The MSc Management (2-year) introduces you to the full breadth of the management discipline, providing you with knowledge in all key areas of business and management.

The first year of study takes place at emlyon Business School, and includes the modules below.
  • Accounting & Reporting for Managers

    Accounting & Reporting for Managers is designed as an introductory course to the areas of accounting and reporting. It has four main objectives:

    • to discover the accounting cycle - from basic transactions to the preparation of financial statements
    • to study the language of accounting and accounting standards
    • to understand the importance of financial reporting and the role of financial statements in its process
    • to understand and interpret financial statements

  • Marketing Management

    The main objectives of the course are:

    • To develop knowledge and understanding of the key theories, concepts and models in marketing to guide the development and execution of marketing strategies.
    • To develop the skills to critically analyse marketing situations facing organisations.
    • To develop written and verbal presentational skills.

  • Human Resource Management

    This module explores the main debates in the field of Human Resource Management and the HR profession. This includes:

    • The business environment and strategic HRM
    • HRM in a multinational context
    • Managing change and HRM
    • Ethical stakes and challenges of global business
    • Examining HRs role in promoting more ethical and sustainable organisations
    • HRM and firm performance

  • Corporate Financial Management

    The module is designed to convey fundamental principles of economic valuation and to learn how these affect financial management decisions.

    The course starts with some initial sessions on financial valuation, making students familiar with company structures and basic information available through annual reports. Then, capital markets are introduced as the benchmark for all valuation purposes, and as a useful tool to infer essential information needed for financial valuation and decision making.

    Theoretical concepts like the net present value, decision making under uncertainty, portfolio selection and the capital asset pricing model are introduced. These concepts serve as prerequisites for discussing investment and financing decisions, which are exemplified by an analysis of firms' capital structure decisions and payout policy.

  • Operations Management

    The aim of this module is to introduce you to the discipline of Operations Management; to a range of approaches that can be used to plan, control and improve operations; and develop an understanding of how Operations Management contributes to business competitiveness.

    The material covered will include:

    • Operations Strategy
    • Process Design
    • Capacity Planning (and Forecasting)
    • Inventory (and Material Requirements Planning)
    • Supply Chain and Supplier Relationship Management
    • Lean and JIT
    • Project Management
    • Performance and Quality Management

  • Management Accounting

    This module emphasizes the use of accounting information to facilitate effective management decisions. It isintended to enable you to develop a thorough understanding of the most important methods used in thepractice of Management Accounting.

    The course comprises a wide variety of different instruments designed to get the suitable information for making proper management decisions.

    The primary focus of this course is to prepare you to think and act as members of the middle and senior management team and to develop critical skills to make rational and sound business decisions.

  • Organisational Behaviour

    The module aims to raise awareness of the centrality of organisational behaviour to the understanding of organisational functioning and effectiveness. It demonstrates the core value of an understanding of organisational behaviour to a manager's ability to achieve organisational goals and well being at work.

    Concepts and theories to which the students are exposed during the module include:

    • Models of organisational Behaviour
    • Group dynamics
    • Motivation theories

  • Business Strategy Game

    The main objective of this module is to provide you with the opportunity to apply basic business strategy, marketing, finance and accounting concepts using a comprehensive business simulation game. The module utilises a business simulation where you will start up and run your own company during five simulated years by developing strategies in each of the functional areas of your business entity.

  • Managerial Economics

    The module aims to enhance your understanding of real-world business practices by using economic reasoning. You will learn the definition of key concepts in modern microeconomic theory, how they interact in models and can be applied in practice, including for the analysis and design of firms’ strategies in various market structures.

    Topics include:

    • Supply, demand, and equilibrium in examples: How do prices and quantities relate on competitive markets?
    • Production and costs: Where do (dis)economies of scale come from?
    • Monopoly and competition: Can the comparison lead to there a typology of business strategies?
    • Interdependence in decision making processes: What do we mean by oligopoly and collusion?
    • Mergers, surpluses, and competition policy: Can society benefit from increased industry concentration?
    • Integration, separation, and contractual alternatives: How do vertically related firms (should) write contracts?

  • Market Research

    In this module, the practical applications of market research and the associated research methodologies underlying each application are emphasized. Special attention is given to developing an understanding of computer based tools in the market research process.

    The module has two main objectives:

    • It seeks to develop an appreciation of the scope of market research, and an understanding of how the elements comprising the market research process are interlinked.
    • Encourage critical thinking about the options available to managers/researchers when considering how market research should be applied.

  • Strategic Management

    The ultimate goal of the course is to develop your skills in analysing strategic situations and formulating strategy. After the module, you should be able to analyse the competitive situation facing a firm, identify potential sources of competitive advantage and disadvantage and gain an appreciation of international business environments. In these analyses, you will apply analytical techniques from strategy, finance, accounting, organisational theory, organizational behaviour, marketing, economics and operations management.

    You will be able to recognize the problems the organisation faces and develop and evaluate alternative courses of action available to the firm to solve those problems. Further, you will be able to persuasively communicate your analytical conclusions, both verbally and in writing. You will develop the ability to view the corporation as a whole and to appreciate the responsibilities and margins of freedom of top executives.

  • Leadership Development

    In completing this module you will gain awareness of the centrality of psychology, social psychology and organizational behaviour in order to understand effective (and ineffective) leadership in organizations. You will be able to understand human behaviour in organizations via the disciplinary bases of psychology, sociology and anthropology in order to deepen the analysis of leadership processes and outcomes. You will also understand the core value of an understanding of psychological and social psychological principles of human behaviour to a manager's ability and skills to achieve organizational goals by leading others. You will also develop cognitive, analytical and practical skills necessary to evaluate the strengths and weaknesses of theoretical, empirical, popular and experience-based approaches to leadership.

  • Digital Transformation of Business

    The main objective of the module is to understand how to apply and leverage information systems in the way we work. Topics include:

    • Corporate computing – architectures, software, networks, and data management.
    • Enterprise applications – frameworks for understanding integrated systems in manufacturing and services industries.
    • IT as an enabler: changing primary value creating functions (example ebusiness and airlines) and resulting new products and services (examples music business and courier services).
    • IT as an enabler: changing strategy and organisation forms (examples knowledge management and eHRM).
    • Business Value of IT: methods for determining and optimizing the value of IT investments.
    • Managing digitization: aligning business strategy and digitization strategies, challenges and options for companies in different industries

  • Entrepreneurship: Principles & Practices

    The purpose of this module is to examine entrepreneurship in different economic and cultural contexts. The main questions are how does entrepreneurship develop in different economies and cultures and how can we understand this process.

    Topics covered include:

    • Trends and drivers of global entrepreneurship
    • The alchemy of business growth – high impact firms
    • Business plans in action
    • Opportunity recognition
    • Evaluation of opportunities
    • Business planning
    • Financing startups and venture valuation

  • Corporate Governance

    This module examines corporate governance: its sources and development in history and in law, as well as its importance to the functioning of a modern economy. Presented in four parts, the module begins by first looking at the foundations of corporate governance: the capitalist system in which modern firms operate, and how ideas concerning property, ownership, and contracts have contributed to the evolution of corporate governance. The second part of the course deals with the main actors and structures of corporate governance. The third part of the course deals with the relationship between the modern corporation and society at large. The final part of the course looks at the objective and consequences of the contemporary corporate governance reform movement, and what these developments mean for the firm and its owners, and for society.

  • Company Internship

    The aim of the internship is to put into practice what has been learnt during the core fundamentals of Year 1.Completing the internship itself should help students achieve the following aims:

    • To develop an integrated understanding of the important functions of management and the interactions between them
    • To become an effective learner and planner To become an effective analyst
    • To become a critical and reflective thinker To become an effective communicator

During the second year, you can choose from a series of specialisms taking place at one of the partner institutions. The Corporate Development and Marketing specialisms takes place at Lancaster, and includes the below modules, and the ones on the next tab.
  • MKTG400 - Advanced Marketing Management - Marketing Skills Development & Learning Community

    The focus of MKTG400 is managerial and life skills for self development and employability both during and post study:

    • Re-immersion in Marketing Theory
    • Critical Thinking Skills
    • Managerial Skills
    • Numerical and Statistical Skills
    • Writing and Communicating Effectively
    • Management Accounting Skills
    • Employabiity Workshops

    Although not formally assessed this module is designed to develop your skills for the programme itself and in preparation for life in the work place thereafter.

  • Marketing in Practice

    The central aim of this module is to give you the opportunity to develop the crucial skills of criticality and reflexivity – personal capabilities that are crucial whether you are an aspiring marketing manager or marketing academic. The learnings from this module, including a group of three integrated sub-modules, will therefore not only support the development of the capabilities/skills vital in the world of practice but the capabilities/skills that you require for successful engagement with the MSc programme itself. This module opens the programme with development of the skill sets and concludes with Strategic Marketing Management which all students take as the final taught component of the programme.

  • Developing a Critical Understanding of Marketing

    This module aims to equip you with a comprehensive, integrative and critical understanding of marketing. It comprises three sub-modules: Understanding Consumers; Understanding Online Consumer Engagement; Understanding Business Markets. You will engage with the main theoretical perspectives in each area, critically applying this theory to real-world issues and problems. A wide variety of teaching and learning methodologies are utilised.

  • Brand Management

    This module is concerned with putting brand management theory into practice by examining a number of real-world brands and case studies. Specifically, the aims of the module are to: create an understanding of the stratified reality and process of brand management action; create awareness of the involved brand management decisions; explore the criteria used to evaluate and monitor brand-related activities. The module explores the role of brand management within organisations and within consumer culture. It presents the types of decisions involved in managing brands and discusses contemporary challenges and opportunities. It contains a range of lectures and case studies and is assessed by group work and examination.

  • Researching Markets and Marketing (Triple Degree)

    This module, combined with previous quantitative module undertaken, enables you to acquire the knowledge and skills to research markets and to conduct academic research in marketing and prepares you for the later dissertation module.

  • Dissertation (Triple Degree)

    The dissertation represents the keystone module in the Masters in Advanced Marketing Management for the European Triple Degree Program. It integrates the key intellectual skills (including critical thinking) with the generic research skills from the research methodology classes in order to investigate a specific topic from one of the specialist areas of Marketing.

    Students on this module must complete a research based dissertation which also represents an important opportunity for students to further and deepen their individual understanding of a research topic in a specific area of marketing.

During the second year, you can choose from a series of specialisms taking place at one of the partner institutions. The Corporate Development specialism takes place at Lancaster, and includes the below modules.
  • Global Corporate Level Strategy

    Global Corporate Level Strategy is part of the Corporate Development specialization. It complements the core strategy module you had in the first year of your degree. The core module exclusively focused on ‘business level strategy’ by providing the analytic scaffolding to conduct industry analysis, make appraisals of a firms resources and capabilities and develop and assess strategic options for how a firm should be positioned in the market. In contrast, Global Corporate Strategy deals with strategic management in international multi-business firms and conglomerates. The set of strategic questions and the recipients of ‘strategy’ are very different. While ‘business level strategy’ is concerned with the sources of competitive advantage in a particular industry, corporate level strategy is concerned with the very scope of the firm: Which businesses should be part of the group and in which countries and regions? How does the group manage the relationship between those businesses in order to achieve synergy? What is the role of corporate headquarters? The module prepares students for careers in large, global companies as well as for jobs in strategy consulting and international professional service firms.

  • Business Model Innovation

    Many innovations in business relate to innovations in the logic of value capture and value creation – or business model. Business model innovation is at the heart of recent disruptive changes in many industries. Thus, the ability to understand, develop and articulate business models is a key capability in today’s business world. The Business Model Innovation module takes a practical approach to understanding and designing business models. This module provides a basis for using recent tools and frameworks for business model design and innovation for both start-ups and established organisations, which students apply to case examples and real-life organisations.

  • Cross Border Mergers and Acquisitions

    Cross border mergers and acquisitions (M&A) are an increasingly important force in shaping economies, restructuring industries and revitalising organisations. Accounting for trillions of dollars in spend and affecting various stakeholders (e.g., employees, customers. supplies, shareholders), it is important to consider the motivations, processes and impacts of cross border M&A.

    Drawing upon concepts in International Business, Corporate Strategy, Business Analytics and Cross National Management, the main strategies for engaging in M&A, the practices involved in deal closure and the post acquisition integration process shall be examined across a variety of national contexts.

  • Corporate entrepreneurial mindset

    The module will provide foundations to develop entrepreneurial mind-set in the context of corporate level. In this regard, it entails various entrepreneurial activities on multiple levels including the individual, team, or organizational level. This module is a theory-led and practice-oriented. It provides you with knowledge useful for anyone aiming at working (or researching) in the field of corporate innovation and entrepreneurship or at pursuing an entrepreneurial career.

  • Digital Strategy

    The nature and prevalence of digital technology have significant implications for strategic management theory and practice. Understanding how digital technologies can be used strategically and their limitations in transforming organizations, including their resources and capabilities is therefore of fundamental importance for the strategic management of organizations. This module provides a theoretical basis as well as practical tools and frameworks for developing, implementing and managing digital strategy by using case examples from real-life organisations.

  • Managing Strategic Change

    Given the challenges of implementation and the high rate of failure in strategic change initiatives, this module focuses on developing an understanding of the theory and practice of strategy implementation and the management of change. Within the module consideration is given to the nature and drivers of strategic change; the challenge of strategy implementation; the design of implementation and change processes; and to the formal and informal factors which influence implementation and change. The alignment of the organisation, including structure, systems, resources, processes, and practices; and the role of the individual are explored in relation to their influence on implementation and change. Frameworks, tools, and capabilities to aid the management of change, both at an organisational and sub-unit level, are introduced.

  • Strategy Consultancy Challenge

    Strategy consultancy is perhaps one of the most prestigious consultancy jobs. Yet, it is one of the most challenging ones as it strives to help shape the future of organisations via interventions in their performance and competitiveness. This module is, therefore, designed to engage students in three components: (1) teaching process consultancy tools; (2) managing the consultancy intervention; (3) a two-week consultancy challenge project with a real company. The module focuses on developing practical, transferable and analytical thinking skills within the context of strategy consulting. The ideas in the course are beneficial to anyone embarking on a career in project management and consultancy or undertaking a senior management role. The module also presents the key success factors for managing the consultancy intervention and ensuring effective results. This part of the course provides the context for understanding the application of the tools to consultancy projects. Students should be able to gain a strong sense of the consultancy industry, the nature of consultancy practice and effective consultancy interventions.

  • Dissertation

    Year 2 students on the MSc Management (2 Year) programme must complete an academic dissertation at one of the three partner institutions – Lancaster, EM Lyon or LMU Munich. This is supervised by an academic member of staff in the chosen institution.

    The main objectives of the dissertation are to allow you to demonstrate that you:

    • Have an integrated understanding of the important functions of management and the interactions between them
    • Are an effective learner and planner
    • Are an effective analyst
    • Are a critical and reflective thinker
    • Are an effective communicator
    • Can undertake effective research

Students studying their 2nd year at emlyon can choose from a range of electives, some examples of which are below. The below modules are reviewed on an annual basis, and may be subject to change.

  • Economics for Strategy
  • Insurance Markets
  • Risk Management
  • Governance and Ethics,
  • Practicing Corporate Valuation
  • Portfolio Management
  • Entrepreneurial Finance
  • Fixed income: Cash Flow Valuation and Hedging, 
  • Mastering the Fundamentals of Financial Analysis
  • Advanced Corporate Finance I and II
  • Financial Macroeconomics
  • Financial Decision Making

If you choose to spend your 2nd year at LMU Munich, you will follow the Strategy and Change specialism with the modules below:

  • Case study course in Innovation and Strategy
  • Entrepreneurship and Growth Management
  • E-Commerce
  • Marketing Asset Management
  • Strategic Change
  • Management Communications
  • Negotiation Workshop
  • Thinking Strategically – Competing for Advantage

Applications for the Management (2-year) MSc can be made at any point in the year. However, competition is intense, so please apply early. Please note that you can only apply to start in one location, and the application process is the same whether you are an UK/EU student or an international student.

To apply, you need to go through emlyon business school and there are no application fees. 

Entry Requirements

Please visit our entry requirements.

What will I need?

The system will tell you which documents you need to supply for the programme you are applying for. These might include:

  • degree certificates
  • transcripts
  • language test results
  • test scores e.g. GMAT
  • Personal statement and references

If you do not yet have all the documentation, you should indicate when you will be able to supply it. Remember to include contact details for your two referees. At least one of these should be able to comment on your academic suitability for the programme.

Once you have applied

After the deadline your application will be reviewed by all of our partner institutions to determine your suitability. You will be asked to take part in a video-based exercise and may be asked to take part in a Skype interview with one of the programme partners.

You will receive an email informing you of our decision and if you are offered a place, you can log on to the system to view your offer and reply.  An offer may contain certain conditions – for example, that you successfully complete your upcoming exams, English language or GMAT tests. You have four weeks to accept the offer and pay your deposit to guarantee a place. The deposit will be deducted from your tuition fees when you register at the university.

Prior to starting your programme, you will receive information on accommodation, travel, induction programmes and other pre-arrival information.

Why choose the MSc Management (2-year)?

Lisa-Caren Fischer shares her experiences on the course including her placement at BMW in Munich and learning about corporate strategy at Lancaster.

Get in touch

To discover more about the MSc Management (2 year) programme, and how it could transform your career, please complete your details below.

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Today's globalised economy requires leaders who understand the complexity of working in international business environments and who are ready to challenge social and cultural boundaries to bring innovative solutions to current political, ethical and economic agendas. This is why three of Europe’s leading institutions in management education, Lancaster University Management School (United Kingdom), emlyon business school (France) and LMU Munich School of Management (Germany), joined forces to create the MSc Management (2 Year European Triple Degree), an integral part of Lancaster University Management School’s suite of MSc Management programmes. 

International Experience

The world of business is becoming more global, so international experience is increasingly important for managers. Our study abroad schemes provide a valuable opportunity to develop cultural awareness and broaden your skills. We have established partnerships with a number of world-class institutions, with a range of summer schools, double degrees and postgraduate study abroad opportunities after your studies. Find out more below.

Visit Study Abroad

Careers Support

Students and alumni of this course have access to specialist careers information, advice and guidance. Our dedicated Career Advancement and Internship Officer, Martine Dawber, offers you professional support with securing an internship during the programme and gaining employment after you graduate. She will also be able to provide guidance after you have completed the course. Our support covers:

  • CV guidance and cover letters
  • Support with internship search, and during your internship
  • Guidance on Employer shortlisting and application processes
  • Mock interviews and psychometric tests
  • LinkedIn profiles
  • Employer networking events
  • Access to Careers resources, online jobs and internship vacancies

Student Profiles

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