Curriculum for the Master of Science (MSc) in Economics and Business Administration (Marketing and Sales), 2022

1: Preface

Pursuant to consolidation Act 778 of August 7, 2019 on Universities (the University Act), the following is established.

The programme also follows the Examination Policies and Procedures incl. the Joint Programme Regulations  for Aalborg University.

2: Basis in Ministerial orders

The Master’s programme is organised in accordance with the Ministry of Higher Education and Science’s  Order no. 2285 of December 1, 2021 on Full-time University Programmes (the University Programme Order) and Ministerial Order no. 2271 of December 1, 2021 on University Examinations (the Examination Order). Further reference is made to Ministerial Order no. 104 of January 24, 2021 (the Admission Order) and Ministerial Order no. 114 of February 3, 2015 (the Grading Scale Order).

3: Campus

The programme is offered in Aalborg.

4: Faculty affiliation

The Master’s programme falls under Faculty of Social Sciences and Humanities, Aalborg University.

5: Study board affiliation

The Master’s programme falls under Study Board of Economics and Business Administration.

6: Affiliation to corps of external examiners

The Master’s programme is associated with the external examiners corps on External Examiners Corps on Business Administration.

7: Admission requirements

Applicants with a legal right of admission (retskrav):

  • Bachelor (BSc) in Economics and Business Administration from Aalborg University.

Applicants without legal right of admission:

  • Bachelor (BSc) in Economics and Business Administration from Copenhagen Business School (CBS).
  • Bachelor (BSc) in Economics and Business Administration from Roskilde Universitet (RUC).
  • Bachelor (BSc) in Economics and Business Administration from Syddansk Universitet (SDU).
  • Bachelor (BSc) in Economics and Business Administration from Aarhus Universitet (AU).

Applicants are being evaluated and prioritized individually based on their concrete and unique situation.

Admission to the master’s programme in Economics and Business Administration (Marketing and Sales) requires that the applicant has passed a relevant qualifying bachelor’s or professional bachelor’s degree programme. A bachelor’s or professional bachelor’s degree programme is defined as relevant if the degree programme provides competencies to a minimum of ECTS within the following subject areas:

  • Economics (Microeconomics and Macroeconomics) [10 ECTS]
  • Statistics and Quantitative Methods [10 ECTS]
  • Management Accounting and Financial Accounting [10 ECTS]
  • Finance [10 ECTS]
  • Organisation and Strategy [10 ECTS]
  • Marketing [10 ECTS]
  • Subject areas within Economics and Business Administration [30 ECTS]

8: The programme title in Danish and English

The Master’s programme entitles the graduate to the Danish designation Kandidatuddannelsen i erhvervsøkonomi, cand.merc. (marketing og salg). The English designation is: Master of Science (MSc) in Economics and Business Administration (Marketing and Sales).

9: Programme specifications in ECTS credits

The Master’s programme is a two-year, research-based, full-time study programme. The programme is set to 120 ECTS credits.

10: Rules concerning credit transfer (merit), including the possibility for choice of modules that are part of another programme at a university in Denmark or abroad

The Study Board can approve that passed programme elements from other educational programmes at the same level replaces programme elements within this programme (credit transfer).

Furthermore, the Study Board can, upon application, approve that parts of this programme is completed at another university or a further education institution in Denmark or abroad (pre-approval of credit transfer).

The Study Board’s decisions regarding credit transfer are based on an academic assessment.

11: Exemptions

The Study Board’s possibilities to grant exemption, including exemption to further examination attempts and special examination conditions, are stated in the Examination Policies and Procedures published at this website: https://www.studyservice.aau.dk/rules

12: Rules for examinations

The rules for examinations are stated in the Examination Policies and Procedures published at this website: https://www.studyservice.aau.dk/rules

13: Rules concerning written work, including the Master’s Thesis

In the assessment of all written work, regardless of the language it is written in, weight is also given to the student's formulation and spelling ability, in addition to the academic content. Orthographic and grammatical correctness as well as stylistic proficiency are taken as a basis for the evaluation of language performance. Language performance must always be included as an independent dimension of the total evaluation. However, no examination can be assessed as ‘Pass’ on the basis of good language performance alone; similarly, an examination normally cannot be assessed as ‘Fail’ on the basis of poor language performance alone.

The Study Board can grant exemption from this in special cases (e.g., dyslexia or a native language other than Danish).

The Master’s Thesis must include an English summary. If the project is written in English, the summary can be in Danish. The summary is included in the evaluation of the project as a whole.

14: Requirements regarding the reading of texts in a foreign language

It is assumed that the student can read academic texts in English and use reference works, etc., in English and other European languages.

15: Competence profile on the diploma

The following competence profile will appear on the diploma:

A Candidatus graduate has the following competency profile:

A Candidatus graduate has competencies that have been acquired via a course of study that has taken place in a research environment.

A Candidatus graduate is qualified for employment on the labour market based on his or her academic discipline as well as for further research (PhD programmes). A Candidatus graduate has, compared to a Bachelor, developed his or her academic knowledge and independence so as to be able to apply scientific theory and method on an independent basis within both an academic and a professional context.

16: Competence profile of the programme

The purpuse of the Master of Science (MSc) in Economics and Business Administration (Marketing and Sales) is that the candidate has the following comptence profile after graduation:

Knowledge:

  • Must possess knowledge of marketing and sales which, in selected fields, is based on the state-of-the-art international research within the subject area.
  • Must be able to understand and scientifically reflect on the knowledge of the subject area as well as be able to identify scientific issues.

Skills:

  • Must master the scientific methodologies and tools of the subject area as well as master general and digital skills related to work within marketing and sales.
  • Must be able to evaluate and select among the scientific theories, methodologies, tools and general skills of the subject area, and scientfically set up new analysis and solution models.
  • Must be able to communicate research-based knowledge and discuss professional and scientific issues with both peers and non-specialists.

Competencies:

  • Must be able to manage work situations and developments that are complex, unpredictable and require new solution models.
  • Must be able to independently initiate and carry out discipline-specific and interdisciplinary collaboration and assume professional responsibility.
  • Must be able to independently take responsibility for their own professional development and specialisation.

 

The employer can expect that the candidate will be able to:

  • independently organise and conduct analyses of key issues within marketing and sales and translate this knowledge into solutions.
  • compare complex theoretical and practical issues within marketing and sales and argue for the pros and cons associated with different solution suggestions.
  • lead and in constructive ways support that group processes function in professional ways that add value to the core of the business.
  • actively contribute to professional and interdisciplinary team processes in relation to marketing and sales.
  • independently, and in cooperation with others, apply theoretical knowledge on marketing and sales to concrete solutions.
  • assume a professional responsibility to lead people and processes within marketing and sales from idea phase to implementation.
  • provide strategic and operational sparring in relation to marketing and sales of commercial importance.
  • translate abstract marketing and sales theoretical and professional practical knowledge and insights into understandable communication for different audiences.

At the Master of Science (MSc) in Economics and Business Administration (Marketing and Sales) we put great emphasis on the student's development and learning. These expectations are expressed in the knowledge, skills and competencies the student acquires throughout the programme and in the respective modules.

The program is anchored in a problem-based approach to learning (PBL), where the student’s abilities in identifying, analysing and presenting solutions to actual and concrete business challenges is supported thorugh independent and team-based activities both in courses and project work.

Hence, PBL is an integrated aspect of both projects and course activities, such as lectures, case work, exercises and business cooperation.

The programme values highly interdisciplinary work, teamwork, individual learning, and progression of PBL competencies. A supportive learning environment ensures that the student, individually and in teams, gradually strengthens his or her ability to build and bring together practical and theoretically anchored competences in reflexive ways.

Furthermore, the student manages to argue and transform these competences into concrete solutions.

The programme supports PBL progression by empowering the student’s problem-oriented, interpersonal, structural and reflective skills. The student achieves this by testing and gaining experience with various issues, cooperative relationships, project forms and reflection processes.

The aim is to strengthen the student's curiosity, motivation and interest in the business economics core disciplines within the Master of Science (MSc) in Economics and Business Administration (Marketing and Sales).

17: Structure and Contents of the programme

During the MSc in Economics and Business Administration (Marketing and Sales) the students will acquire deep and comprehensive knowledge about advanced aspects of state-of-the-art sales and marketing theory and concepts. The program is designed around the two core topics of value creation and value capture, with a specific focus on the marketing-sales interface. Creating superior customer value, and capturing part of this value, is the primary goal of marketing and a means of attaining competitive edge. Thus, maximization of customer value is seen as a critical goal for firms. The program will enable students to understand and develop frameworks that explain the underlying process of how superior customer value is created in terms of use value and exchange value and how firms can capture part of this value. This includes understanding of brands, innovation, relationships, communication, and sales.

Upon graduation, students should have a profound and broad understanding of marketing function, including the role of the sales function in creating and executing successful marketing strategies. Thus, future graduates should become a valuable resource to any revenue seeking organization either as next generation marketing and sales executives (CMO, CSO) or in supportive roles within sales, marketing, or business development.

The programme is offered in English.

The programme is based on a combination of professional, problem-oriented and multidisciplinary approaches. It is organised on the following forms of work and evaluation, which combine skills and academic reflection:

  • lectures
  • class teaching
  • project work
  • workshops
  • problem solving (individually and in groups)
  • teacher feedback
  • peer review
  • digitally supported learning
  • academic reflection
  • portfolio work

18: Overview of the programme

Offered as: 1-professional
Specialisation: Marketing and Sales
Module name Course type ECTS Applied grading scale Evaluation method Assessment method Language
1 Semester
Customer Experience Management
(KAMAR202214)
Course 10 7-point grading scaleExternal examinationOral exam English
Strategic Marketing and Sales Management
(KAMAR202215)
Course 10 7-point grading scaleInternal examinationWritten or oral exam English
Marketing Project
(KAMAR202216)
Project 10 7-point grading scaleInternal examinationOral exam based on a project English
2 Semester
Pricing, Sales Efficiency
(KAMAR20223)
Project 15 7-point grading scaleInternal examinationOral exam based on a project English
Relationship Marketing and Marketing Ecosystems
(KAMAR20224)
Course 5 Passed/Not PassedInternal examinationOral exam English
Sales and Marketing Analytics
(KAMAR202227)
Course 10 7-point grading scaleInternal examinationWritten exam English
3 Semester
1st version
Electives 3rd semester 30
3 Semester
2nd version (1st semester on International Business)
International Business Theory: Trade, Investment and the MNE
(KAINB20221)
Course 5 7-point grading scaleInternal examinationWritten or oral exam English
International Entrepreneurship
(KAINB20222)
Project 5 7-point grading scaleInternal examinationOral exam based on a project English
International Strategic Management
(KAINB20223)
Course 5 7-point grading scaleInternal examinationWritten or oral exam English
International Business Functions
(KAINB20224)
Course 5 7-point grading scaleInternal examinationWritten or oral exam English
Semester Project I
(KAINB20225)
Project 10 7-point grading scaleInternal examinationOral exam based on a project English
3 Semester
3rd version (1st semester on Finance)
Principles of Finance
(KAFIN20223)
Course 10 7-point grading scaleInternal examinationWritten exam English
Quantitative Methods in Finance
(KAFIN20224)
Project 10 7-point grading scaleExternal examinationOral exam based on a project English
Financial Data Analysis
(KAFIN20221)
Course 5 7-point grading scaleInternal examinationWritten exam English
Portfolio Theory and Financial Applications
(KAFIN20222)
Course 5 7-point grading scaleInternal examinationWritten exam English
3 Semester
4th version (1st semester on Business Data Science)
Introduction to Data Handling, Exploration & Applied Machine Learning
(KADAT20222)
Course 10 7-point grading scaleInternal examinationOral exam English
Natural Language Processing and Network Analysis
(KADAT20223)
Course 5 7-point grading scaleInternal examinationOral exam English
Data-Driven Business Modelling and Strategy
(KADAT20221)
Project 15 7-point grading scaleInternal examinationOral exam based on a project English
3 Semester
5th version
Commodity Economics - Basic
(KAØKS202230)
Course 10 7-point grading scaleInternal examinationWritten or oral exam English
Commodity Economics - Advanced
(KAØKS202240)
Project 20 7-point grading scaleInternal examinationOral exam based on a project English
3 Semester
6th version
New Venture Creation - Basic
(KAØKS202250)
Course 15 7-point grading scaleInternal examinationWritten or oral exam English
New Venture Creation - Advanced
(KAØKS202260)
Project 10 7-point grading scaleInternal examinationOral exam based on a project English
Entrepreneurial Finance
(KAFIN202214)
Course 5 Passed/Not PassedInternal examinationWritten or oral exam English
4 Semester
Master's Thesis
(KAMAR202212)
Project 30 7-point grading scaleExternal examinationMaster's thesis/final project English

In addition to the above options, the student will in the third semester have the option to attend a semester at a Danish or foreign university. This must be pre-approved by the Study Board of Economics and Business Administration and evaluated as specified in the host’s curriculum.

 
Electives 3rd semester
Module name Course type ECTS Applied grading scale Evaluation Method Assessment method Language
Projectbased Business Cooperation
(KAMAR20227)
Project 10 Passed/Not Passed Internal examination Oral exam based on a project English
Projectbased Business Cooperation
(KAMAR20228)
Project 15 Passed/Not Passed Internal examination Oral exam based on a project English
Projectbased Business Cooperation
(KAMAR20229)
Project 20 Passed/Not Passed Internal examination Oral exam based on a project English
International Marketing
(KAMAR202210)
Course 5 7-point grading scale Internal examination Written or oral exam English
International Sales and Negotiations
(KAMAR202211)
Course 5 Passed/Not Passed Internal examination Oral exam English
Strategic Brand Management
(KAMAR202213)
Course 5 7-point grading scale Internal examination Written or oral exam English
Business Design
(KAORS20227)
Course 5 Passed/Not Passed Internal examination Active participation/continuous evaluation English
Sustainability and Non-Market Strategy
(KAORS20228)
Course 5 7-point grading scale Internal examination Written exam English
Causal Design for Decision Making in Business
(KAORS20229)
Course 5 7-point grading scale Internal examination Written exam English
Responsible Business: Sustainability, Compliance and Control Issues
(KAØKS202212)
Course 5 7-point grading scale Internal examination Written exam English
Risk Management in Financial Institutions
(KAFIN202219)
Course 5 Passed/Not Passed Internal examination Written exam English
International Finance
(KAFIN202215)
Course 5 Passed/Not Passed Internal examination Written exam English
Empirical Methods for Corporate Finance
(KAFIN202210)
Project 5 Passed/Not Passed Internal examination Oral exam based on a project English
Business Valuation Challenge
(KAFIN202212)
Project 5 Passed/Not Passed Internal examination Oral exam based on a project English
Financial Trading Challenge
(KAFIN202213)
Project 5 Passed/Not Passed Internal examination Oral exam based on a project English
Entrepreneurial Finance
(KAFIN202214)
Course 5 Passed/Not Passed Internal examination Written or oral exam English
Global Environmental Dynamics and Firms Responses
(KAINB202212)
Course 5 7-point grading scale Internal examination Written or oral exam English
Internationalisation in Emerging Product and Geographic Markets
(KAINB202213)
Course 5 7-point grading scale Internal examination Written exam English
Internationalisation of Diverse Organisational Forms
(KAINB202214)
Course 5 7-point grading scale Internal examination Written exam English
Multinational Corporations and Ecosystems: Innovation for Sustainable Development
(KAINB202215)
Course 5 Passed/Not Passed Internal examination Written exam English
Advanced Innovation Management
(KAISC20224)
Course 10 7-point grading scale Internal examination Written or oral exam English
Intrapreneurship - intro course across studies
(KAMERC20231)
Course 5 Passed/Not Passed Internal examination Oral exam Danish and English
Commodity Economics - Basic
(KAØKS202230)
Course 10 7-point grading scale Internal examination Written or oral exam English
New Venture Creation - Basic
(KAØKS202250)
Course 15 7-point grading scale Internal examination Written or oral exam English
Project management
(KASUS202305)
Course 5 Passed/Not Passed Internal examination Written or oral exam English
Project management
(KASUS202310)
Course 10 Passed/Not Passed Internal examination Written or oral exam English
Intrapreneurship (foundation)
(KAØKS202261)
Course 5 7-point grading scale Internal examination Oral exam English
Intrapreneurship (Advanced)
(ØKS20224)
Project 5 7-point grading scale Internal examination Oral exam based on a project English

Prior to each registration period, the Study Board informs the students about which electives from the curriculum that will be offered in the coming semester.

The Study Board reserve the right not to provide elective subjects if the number of students signed up do not meet the minimum requirements. If an elective course is not provided, the students will be offered other options.   

19: Additional information

For further information please visit the programmes website.

Regulations regarding written products are to be found here.

Regulations regarding the master thesis are to be found here.

20: Commencement and transitional rules

The curriculum is approved by the Dean and enters into force as of 1 September 2022.

The Study Board does not offer teaching following the previous curriculum from 2020 after the summer examination 2023.

The Study Board will offer examinations following the previous curriculum, if there are students who have used examination attempts in a module but have failet to pass. The number of examination attempts follows the rules in the Examination Order.

21: Amendments to the curriculum and regulations

The Vice-dean has on January 19, 2022, approved to change the module "Contemporay Issues" with "Promoting Innovation" valid as of September 2022.

The Vice-dean has on May 12, 2022, approved prerequisites for participating in the module "Customer Experience Management and Value Co-Creation" valid as of autumn 2022.

The Vice-dean has on November 30, 2022, approved a revision of the module ”Sales Enablement” valid as of spring 2023.

The Vice-dean has on November 29, 2022, approved a revision of the module “Business Design” valid as of autumn 2023.

The Vice-dean has on November 29, 2022, approved that the following electives will no longer be offered valid as of autumn 2023:

  • Promoting Innovation and Entrepreneurship”
  • Innovation and Societal Challenges

The Vice-dean has on November 29, 2022, approved a division of the module “Commodity Economics” into two modules, “Commodity Economics – Basic” and “Commodity Economics – Advanced”, valid as of autumn 2023.

The Vice-dean has on November 29, 2022, approved a division of the module “New Venture Creation/Corporate Entrepreneurship” into two modules, “New Venture Creation – Basic” and “Commodity Economics – Advanced”, valid as of autumn 2023.

The Vice-dean has on November 29, 2022, approved that the following elective will be offered valid as of autumn 2023:

  • Intrapreneurship - intro course across studies”

The Vice-dean has on January 13, 2023, approved a revision of the module “Relationship Marketing and Marketing Ecosystems” valid as of spring 2023.

The Vice-dean has on February 15, 2023, approved that the following electives will be offered valid as of autumn 2023:

  • Commodity Economics – Basic
  • New Venture Creation – Basic

The Vice-dean has on March 27, 2023, approved that the elective “Project Management” (5 ECTS and 10 ECTS) will be offered valid as of autumn 2023.

The Vice-dean has on October 31, 2023, approved a revision of the 2nd Semester valid as of spring 2024.

The Vice-dean has on November 22, 2023 approved that the assessment in the electives "Projectbased Business Cooperation (10, 15 and 20 ECTS)" change from "7 point grading scale" to "Passed/Not Passed". Valid as of autumn 2024.

The Vice-dean has on November 22, 2023 approved that the module ”Costumer Experience Management and Value Co-Creation” is renamed to "Costumer Experience Management".  Valid as of autumn 2024.

The Vice-dean has on November 22, 2023 approved, that the module “Fundamental Marketing, Costumer Value and Sales Management” is changed to the following two modules "Strategic Marketing and Sales Management" and "Marketing Project". Valid as of autumn 2024.

The Vice-dean has on November 30, 2023 and on January 10, 2024, approved that the electives "Intrapreneurship (Foundation)" and "Intrapreneurship (Advanced)"   will be offered valid as of summer 2024.

The Vice-dean has on May 16, 2024, approved that the misspelling in the modul "Costumer Experience Management" is corrected and the titel is now "Customer Experience Management". Valid as of spring 2024.