The Master in International Business Economics and Management (MIBEM) is a master program for holders of a degree in a non-business economic or management discipline. It prepares for a career in international business through the acquisition of business economic insights, knowledge and management skills.
The curriculum adopts a practical and business-oriented perspective, but still provides a thorough treatment, based in science, of major international business economic and management issues.
As a master of science program, MIBEM relies on insights from scientific research. Its primary purpose is not to prepare graduates for an academic career, but to foster an attitude of autonomous, critical and informed reflection in the search for solutions to concrete business problems. The program instills an international and business- and management oriented mindset in individuals educated in diverse backgrounds.
Students who have direct access, can follow the one-year Master's programme. Those who have no direct access, must first follow the 30 credits preparatory programme from September till January and start the Master's programme in February. They can finish the programme in January of the following academic year.
The ideal prospective student:
Students with no economics background are first, if necessary, introduced to the basics of economics and management in a 30 ECTS preparatory programme.
After the programme a master:
The MIBEM programme prepares students for management positions in a number of sectors. Obviously, your personal interest and prior education play a major role in your post-graduation path. Our graduates find employment in a broad range of sectors, including purchasing, sales, marketing, production control, planning and budgeting, financial management and ICT. Other graduates go on to a career in banking and insurance, become civil servants, work in one of the European institutions, or set up their own company.
A business engineer is trained for analyzing and solving business problems from a quantitative and managerial point of view. The programme belongs to the domain of business economics and is management oriented: students learn how companies function, how business processes should be designed and how business activities can be optimally organized. The managerial focus is combined with strong analytical skills and a profound understanding of how business and (technological) innovation processes work. This integration of disciplines is of high relevance to production environments as well as to service companies (e.g. consultancy or ICT).
A business engineer is an interdisciplinary manager with an extended problem solving toolbox and a holistic view on modern companies in today’s economic, legal and social context. With a capacity for analytical thought, management and communication skills and an eye for sustainable opportunities, business engineers are able to shape the future of companies and organisations.
The Master of Science in Business Engineering is organised at two campuses: Brussels and Leuven. The programmes share a common structure and have the same compulsory courses. Each campus offers different courses in the majors, minors, and electives. Students on one campus have the option to follow some of the courses at the other campus.
Majors offered in Leuven:
Majors offered in Brussels:
This is an initial Master's programme and can be followed on a full-time or part-time basis.
Do you feel like expanding your horizons? We encourage you to study abroad at one of the faculty’s exclusive partner universities in the first semester of the second year. Increasingly, employers value young professionals who are familiar with doing business in a multicultural and multilingual setting. Therefore, the faculty has a strong international focus with a flourishing participation of students in summer schools and exchange programmes. Make your experience truly international by studying in different parts of the world.
More information on the various international experiences the faculty has to offer can be found on this website.
Are you a future business engineer? Then most probably you feel at ease with the following characteristics:
A business engineer is trained for analyzing and solving business problems from a quantitative and managerial point of view. The programme belongs to the domain of business economics and is management oriented: students learn how companies function, how business processes should be designed and how business activities can be optimally organized. The managerial focus is combined with strong analytical skills and a profound understanding of how business and (technological) innovation processes work. This integration of disciplines is of high relevance to production environments as well as to service companies (e.g. consultancy or ICT).A business engineer is an interdisciplinary manager with an extended problem solving toolbox and a holistic view on modern companies in today's economic, legal and social context. With a capacity for analytical thought, management and communication skills and an eye for sustainable opportunities, business engineers are able to shape the future of companies and organisations.
Graduates of the MSc in Business Engineering mostly take up managerial and/or research positions in business, national and international institutions, and at universities. Business engineers usually start their careers in technical expert positions within interdisciplinary management teams. They are typically hired to optimise production processes, to develop quantitative models in financial institutions, or to market technological innovations. They are also able to take up more traditional management tasks, armed with the ability to support key decisions using quantitative analyses. Business engineers quickly move up to executive functions in various management domains in companies and organisations. Given the variety of skills acquired, they are highly sought after by a wide range of companies – from start-ups and small firms to multinational corporations – for various positions in Belgium and abroad.
Upon completing the Master of Science in Business Economics, you will be able to apply scientific frameworks independently and critically, allowing you to evolve continuously in a dynamic society. By combining this programme with initial specialisations from your bachelor's programme, you will develop deeper insight into a broad range of fields. The programme is structured around the choice of a major and minor discipline, which allows you to fine-tune your personal graduation profile, and to apply research- and evidence based management practices and tools in various domains. You will gain expertise in selecting best practices in management in today’s volatile, complex and ambiguous business environments. The programme equips you for both entrepreneurship and start-up management as well as for management and strategic decision making in established organisations.
KU Leuven occupies a leading position in management and economic research and is highly ranked by the European Economic Association. Top-level research and education complement and strengthen each other. The Faculty of Economics and Business Alumni Association includes many leaders of industry, ensuring excellent career opportunities for our graduates.
The Faculty of Economics and Business has close links with top business schools around the world, such as Copenhagen Business School in Denmark, University of Cardiff in the UK, Hanken in Finland, SKEMA Business School in France, the University of Illinois in the United States, the University of Sydney and the University of Adelaide in Australia, Queen's University in Canada, Tsinghua and Fudan University in China, PUC in Brazil, City University of Hong Kong and many more institutions both in Europe and overseas.
For students MSc in Business Economics, the faculty offers an additional semester at one of these destinations after completing 2 semesters in Leuven. Make your experience truly international by studying in different parts of the world.
You have an entrepreneurial personality with broad socio-economic interests. You are fascinated by the business world and would like to pursue a management career in strategy, international business or finance.
To start this programme, students need a solid background in economics or business economics. They should have acquired the basic conceptual frameworks of diverse areas in business economics and have a sufficiently broad view on the general economic and social contexts in which business operates as well as on the human networks within these organisations.
Specifically, students need:
Building on previously acquired general economic knowledge and insights in business, the student is taught to judge complex business structures and propose creative solutions independently or in a team. He develops the skills to take on a management function in a company, he learns to fit decisions in with the whole structure of a company and assess strategic consequences for other departments of the company. He has a lot of specialised knowledge, but is also very versatile.
The programme consists of a compulsory part, a major and a minor and a Master's Thesis.
Graduates generally take up managerial and/or research positions in business, national and international institutions, and in managerial functions at universities. Given the variety of skills acquired, you will be highly sought-after by a wide range of companies (from small firms to multinational corporations) in a variety of positions and sectors in Belgium or abroad.
You can pursue a career as:
This is only a small selection of the many options available to you.
This programme offers students with a Bachelor's or Master's degree advanced non-technical training in information management, with an emphasis on the efficient and effective application and management of information technology in various business contexts (e.g. finance, marketing, HR, production and logistics, etc.). Following basic training in technology, the programme explores specific management issues in greater depth, particularly in order to develop the skills required to analyse information needs, design and manage information systems and fine-tune an IT strategy as an integral part of an overall business strategy.
The key focus is the preliminary design needed to develop and set up an information system. In completing your Master's thesis, you can apply these skills within a specific business context. Finally, a wide range of electives enables you to either explore specific areas in greater depth or gain a broader understanding through a multidisciplinary approach.
This programme presents a non-technical curriculum in information management. It focuses on the effective and efficient application and management of information technology in a business setting. First, a basic technological background is offered, after which the management aspects are elaborated in more detail. The programme aims at developing skills in analysing information needs, the modelling and management of information systems and the alignment of information technology strategy with business strategy. Hence, the main focus is on the early phases of the information system development cycle. By means of the master project, skills acquired throughout the programme are applied in a concrete business setting. Finally, the electives provide the opportunity to explore particular aspects in more depth or to broaden the scope by taking one or more multidisciplinary courses.
By the end of the programme, students will have acquired:
In the business world, there is a great demand for IT specialists with highly developed management skills. Our graduates are trained to gain leverage within a company through the strategic use of technology. The analysis and management of information, knowledge, processes and systems, in line with an overall business strategy, play a bridging role between computer science and business. Qualities such as strong communication skills, teamwork and group management are therefore more essential than mere technological expertise. Our graduates pursue careers as information analysts, project leaders and information technology strategists.
As a business engineer in information systems engineering you’re still an all-round business engineer: you’re able to analyse and optimize various business processes (marketing, production and logistics, finance,...). You understand how a company works and you take into account the economic, organisational, and human aspects of business. As a business engineer in information systems engineering you also translate these business administration elements into information systems that support the decision-making process. You can consider decisions about information technology against the backdrop of the company as a whole, predict their strategic consequences, and carry out (general) management duties.
The master’s programme shares a number of courses with the Master of Business Economics: Business Engineering. Furthermore, the programme contains a number of required courses on information technology and one optional component of your choice. This optional component allows you to specialise in one particular aspect of ICT:
Projects, work placements or the master's thesis give you the opportunity to gain experience in the corporate environment that will later become your professional habitat. And for those of you who enjoy looking beyond borders the faculty offers quite a few possibilities to follow part of your training at a partner institution abroad. More information is available on the website.
Information technology has revolutionized the business world. Business and information systems engineers usually start their career in business and/or IT consulting. They can also take up more traditional management duties, as they have the ability to design, manage
and improve business processes, services and decisions in a digital world. Boasting a variety of skills, business and information systems engineers are much sought-after by a wide range of companies for various positions and sectors in Belgium and abroad.
Typical job titles include business analyst, analytics specialist, business intelligence analyst, big data specialist, operations manager, fintech specialist, customer intelligence director, fraud expert, compliance officer, IT manager, and chief information officer.
The Master of Economics programme offers students with a bachelor's degree a theoretical framework, allowing them to provide well-grounded answers to socio-economic questions. As an economist, you will observe the various players (individuals, companies, domestic and foreign governments) and their interactions within the global economy. You will be able to interpret the general economic situation in a wider social and legal context.
The programme consists of a common core of two programme units and a master's thesis.
You select one of the three majors:
The Faculty of Economics and Business has close links with top business schools around the world, such as Copenhagen Business School in Denmark, University of Cardiff in the UK, Hanken in Finland, SKEMA Business School in France, the University of Illinois in the United States, the University of Sydney and het University of Adelaide in Australia, Queen's University in Canada, Tsinghua and Fudan University in China, PUC in Brazil, City University of Hong Kong and many more institutions both in Europe and overseas.
For Student MSc in Business Economics, the faculty offers an additional semester at one of these destinations after completing 2 semesters in Leuven. Make your experience truly international by studying in different parts of the world.
Students should have a solid academic background in economics or business, including the most important domains in economics or business/management (such as macro and microeconomics), mathematics and statistics. Students should also be familiar with more general themes necessary for understanding the evolutions in the business world and be able to relate these evolutions to the broader social, juridical, political and societal context.
The Master of Economics programme aims to transfer an economic-science based structured reasoning about individual, interpersonal and social phenomena, so that the student is able to autonomously formulate an answer to questions or developments that the society/sector/company is facing.
The training aims knowledge, to provide understanding, skills and attitudes required to achieve recognition, structuring and solve complex economic issues in their contextual environment. In addition, the training aims the ability and skills to communicate and to report economic analysis and solutions and to test the results in an explicit ethical value framework.
Exit qualifications of the programme:
The student masters the general framework of economic analysis, the conceptual and methodological principles of economic science and can therefore recognize economic problems.
The student can - by means of economic research methods and techniques - carry out, independently and in teams as well - a complete analysis of economic problems. This includes: formulating the problem, selecting of information, master mathematical and econometric methods, setting up a research-based strategy, reporting and presentation of the research and the results, including the possible policy recommendations.
As a graduate, you will have a very informed perspective on society as a whole. Moreover, you will be equipped to address social problems in an economically and socially sound way. Thanks to the expertise and flexibility acquired throughout the course of the programme, you will be qualified for employment in a variety of contexts, including:
The Master of Financial and Actuarial Engineering programme provides students with up-to-date, sound and advanced financial, actuarial and statistical skills. It is an intensive, advanced, one-year programme for university graduates interested in a career in risk management, financial and/or actuarial engineering within financial institutions. The discipline focuses on the application of quantitative methods to problems involving risk or uncertainty. You will gain an understanding of current and future problems and solutions in insurance and banking and be equipped with fundamental and conceptual knowledge of the mathematical and economic aspects of financial theory and insurance techniques.
The programme provides advanced insights into the actuarial aspects of life insurance, general insurance and risk theory as well as financial mathematics and the inter-relationship and integration of actuarial sciences and finance. The programme draws on over sixty years of experience and international recognition. The research team for risk theory, finance and statistics has a strong research profile and is ranked among the world top in terms of actuarial research productivity. The programme is jointly offered by the Faculty of Business and Economics and the Faculty of Science at KU Leuven, in collaboration with Université Catholique de Louvain.
The main goal of the programme is to provide the students with an sound knowledge of finance and actuarial science. They develop the capabilities to understand current and future problems and solutions in the actuarial and financial context. They will be equipped with fundamental and conceptual knowledge of the mathematical and economic aspects of financial theory and insurance techniques. Graduates holding both the degree of Master of Financial and Actuarial Engineering and 'Master in de verzekeringen' (Dutch-language initial master at KU Leuven) are eligible for membership in the professional body of actuaries in Belgium (IA|BE), and the international actuarial professional body (IAA).
At the end of the programme students will:
The programme addresses the rapidly-changing needs resulting from the accelerating globalisation of the banking and insurance sector. As such, it provides a sound basis for a career in various areas of risk management, financial and actuarial engineering and insurance. Most graduates find employment in insurance companies, whose financial stability depends on actuarial calculations (e.g. premiums, provisions, capital requirements, reinsurance policy).
As an expert in the field of risk and uncertainty, you can also play an important role in banking and finance. The increasing convergence between the insurance and financial markets as well as the use of mathematically based instruments, such as options and futures, offers excellent career prospects. Graduates are well placed to find employment in banks, pension funds, reinsurance companies, consulting and audit companies.
Some graduates go to work in government, for instance in social security or economic affairs departments. Graduates holding both the degree of Master of Financial and Actuarial Engineering and 'Master in de verzekeringen' (Dutch-language initial Master's programme at KU Leuven) are eligible for membership in the professional body of actuaries in Belgium (IA|BE).
The Master of Safety Engineering will prepare you to improve and realise safety in many different areas. The programme trains you in prevention policy and safety management systems, the safety of products, processes, and installations, qualitative risk analysis techniques, and fire and explosion safety. You’ll obtain detailed knowledge of technical and managerial process safety concepts with regard to the whole life cycle of a production plant, and risk evaluations based on qualitative and quantitative methods.
The Master of Safety Engineering comprises a total of 60 credits. The programme consists of a group of common compulsory courses (23 credits) that are taken up by every student. This party contains courses with themes that are of interest to every safety professional, irrespective of the specialisation option. All courses in this part are taught in English. This relatively large core part ensures that every student is given the same broad basic education about the specialised field of safety.
After a general introduction to safety engineering, prevention policy and safety management systems are treated. Safety of products, processes and installations are discussed next and qualitative risk analysis techniques, fire and explosion safety complete this section.
Furthermore, students choose between one of two available options (22 credits each): Option Process Safety or Option Prevention. In turn, each option contains a number of compulsory courses (16 credits) and elective courses (6 credits).
The Option Prevention focuses on occupational safety and health-related issues. The compulsory courses in this option also discuss non-technical aspects concerning safety. This option is mainly of interest to candidates who want to obtain the Certificaat Preventieadviseur Niveau 1.
The Option Process Safety provides students with a detailed knowledge of technical and managerial process safety concepts with regard to the whole life cycle of a production plant from concept to design, construction and operation to decommissioning. Safety concepts of representative operational units are presented in a series of case studies. Examples of required safety oriented competences in industrial operations are also discussed. It is shown how risk evaluations and estimates based on qualitative and quantitative methods are performed.
Each student also needs to choose elective courses either from a short indicative list, or from any Master’s programme within the Group of Science, Engineering and Technology.
Finally, students have to complete a Master’s thesis of 15 credits, which represents an effort that is consistent with a programme of 60 credits in total.
The programme can be completed normally in one-year on a full-time basis. However, to facilitate the participation of working professionals, it can also be followed on a two year part-time basis.
After finishing this advanced Master's programme, the student should:
To carry out the programme's objectives, teaching activities consist of a combination of classroom lectures, practically oriented seminars and site visits. The instructors themselves come from the academic world both inside and outside K.U.Leuven, or have been recruited from reputable industrial companies because of their long-standing expertise and willingness to contribute to teaching and training.
In many countries, there is a permanent and growing need for scientists and engineers who are knowledgeable and trained at the academic level in the field of safety engineering and safety management. This is due to the increasing complexity of industrial production processes and the growing number of rules and regulations both in Europe and internationally.
Graduates of the Master of Science in Safety Engineering programme find employment in small national and large multinational industrial companies at home and abroad or are employed in private and/or governmental organisations. Such organisations need experts with the ability to conduct research, carry out analyses, and perform inspections, monitoring and certification in the broad field of safety.
Moreover, in some countries (including Belgium), companies beyond a certain size dealing with specific risks are required by law to hire or even employ a certified prevention advisor. This certification can be acquired through the Prevention option of the Master of Science in Safety Engineering (Certificaat Preventieadviseur Niveau 1).
It is also possible for graduates to begin a career as an independent consultant with expertise in safety and environmental areas.