Closeup of three students, two out of focus

Business Administration with focus on insurance management

In A Nutshell

Master Program:
Business Administration with focus on insurance management M.A.
Master of Arts (M.A.)
Program form:
Full-time, consecutive Master program
Program structure:
3 semesters (incl. Master's thesis), 90 ECTS
Program start:
winter semester (October 1)
summer semester (March 15)
Admission requirements:
The final grade of the undergraduate degree must be at least 2.5 (German grading system) and the grade on your thesis must be at least 2.0 (proof must be provided by the end of the application process)
In addition, at least 180 ECTS points from theory semesters are required
Instruction language:
mainly German (level C1 required)
accredited by ACQUIN
from November 15 to March 14 (for summer semester)
from May 02 to September 30 (for winter semester)


The Master's program in Business Administration at Coburg University is based on a wide array of subjects. Students put their modules together individually and can thus decide for themselves where they want to place the focus in the program. This requires a high level of responsibility and independence.

In the focus area of insurance management, students can deepen their knowledge of the insurance industry and improve their methodological and social skills, including their leadership skills. The primary target groups are employees in insurance companies or in insurance-related areas.

If you choose the focus area of insurance management, you will need to select specific modules from the program. This includes e.g. business mathematics or insurance management. At least one project and the Master's thesis must also be related to insurance. The focus area is recognized if at least 50 % of the modules are from the focus area.

Program organization

The program is designed for three full-time semesters. Thanks to the flexible program structure, students can also gain practical experience alongside their studies. With outstanding commitment and after consulting with the academic program director, it is also possible to complete the program after two semesters. It is also possible to reduce your course load to complete the program in up to five semesters.

Networked in the program

Coburg University is part of Forum V – an association of insurance companies, universities, and associations on northern Bavaria. Among other things, it promotes the networking of students with potential employers in the insurance industry. Once a year, the Forum V holds the InsureMe - Insurance Meeting Nordbayern (formerly Northern Bavarian Insurance Day) in cooperation with the Berufsbildungswerk der Deutschen Versicherungswirtschaft (BWV) Northern Bavaria - Thuringia. Students of Coburg University participate in this event once during the program. They can discuss current developments and make important contacts with the professional world.

Master's Concept

There is no prescribed way to complete the Master's program in Business Administration with a focus on insurance management. Students put their program together individually.

They can select from a total of five module groups. Each module group has a minimum number of modules and ECTS points that must be acquired in the program. If you are enrolled in the program with the focus area of insurance management, you must take certain compulsory subjects.


At least 4 modules, 12 ECTS, 2 compulsory subjects

  • Methods of empirical social research (compulsory)
  • Business mathematics (compulsory)
  • Scientific theories and research approaches
  • Decision theories
  • Methods of economics research
  • International economics case studies
  • Project management
  • Leadership training
  • Philosophy
  • Sociology
  • Political studies
  • Legal sciences
  • Ethics
  • Innovation


At least 2 modules, 12 ECTS

  • Economic theories
  • Business policy
  • Theories of enterprise
  • Current aspects of business and economics


At least 6 modules, 36 ECTS, 3 compulsory subjects

  • Insurance management (compulsory)
  • Business intelligence (compulsory)
  • Financial management (compulsory)
  • Business management
  • Marketing management
  • Sales management
  • Personnel and organizational management
  • IT management
  • Management of value chains
  • Simulation of business administration systems
  • Management methods
  • Bank management
  • Risk management
  • Analysis of annual financial statement
  • Controlling and cost management
  • Industry management
  • Current aspects of business administration


At least 2 projects, one of which must be related to insurance management, 12 ECTS

The program is continually updated. Projects were previously offered for the following topics:

  • Personnel development concept for digitalization in insurance companies
  • Development and implementation of an assessment center
  • European Union – structures, fields of tension, perspectives
  • Brand relevance in M&A transactions
  • Eye tracking
  • Dynamic pricing
  • International industry analyses
  • Personnel and leadership
  • Controlling


In the Master's thesis, students work on complex issues from the area of business and economics. The Master's thesis can only be registered once the student has collected at least 50 ECTS from the module group 1-4. The Master's thesis must be related to insurance management.

Practical Training

The Master's program in Business Administration at Coburg University combines theory and practice. Project work makes up about one third of the program. Here, students work on current topics that businesses and economic research are presently dealing with. Professors prepare students for the requirements – both in terms of know-how and in terms of applicable methods. It is the students’ responsibility to apply this knowledge independently, develop solutions for practice from it, and argue it's case in a discussion. The projects frequently take place in cooperation with businesses or institutions.

Curriculum and Examination Regulations

The [module plan]* provides an overview of the structure of the program. The [study and examination regulations]* form the legal basis for the study program. You may contact Prof. Dr. Mirko Kraft for questions about the content of the insurance management focus area.

*only available in german at the moment

Job Perspectives

The close mesh of Coburg University with the practical world allows students to make early contacts with reputable companies – from medium-sized companies to international corporations. Projects and Master's theses in particular generate a variety of productive contacts with potential future employers, as do guest lectures, excursions, business presentations and voluntary required internships.

Cooperative promotion

Graduates with an outstanding Master's degree can continue to work in sciences after completing the Master’s program. They also have the possibility of writing their dissertation at Coburg University and getting their Ph.D. in cooperation with a university.

Application and Admission Requirements

Admission requirements

  • Undergraduate degree (Bachelor or Diplom) in one of the following majors: business administration, economics, political economics, industrial engineering, business computer science, business law, social economics, teaching degree for economics, and other related majors, as long as their economics content dominates.
  • GPA: 2.5 or better (German grading system) and grade for thesis: 2.0 or better
  • Undergraduate degree with at least seven semesters (210 ECTS), including an internship semester or
  • Undergraduate degree with at least six semesters (180 ECTS) without an internship semester if the internship semester has subsequently been completed by the time of the Master's thesis.
    Practical work with a duration of at least 18 weeks after the undergraduate degree may be recognized as part of the university required internship.

In the event of an undergraduate degree completed in a foreign language, admission is conditional upon a language test.

Applicants to the Master’s program in Business Administration must prove the final total grade of their undergraduate degree and the grade on their thesis by the application deadline.



Here you can find all the important information about evaluating your school-leaving certificates and learning German in order to start a master program at the University of Coburg.

Since the program is taught in German, you also have to prove your knowledge in German before the start of studies (level C1/C2).


Further and current informations can also be found on the German website of this course.