Explore the intersection of human behavior and business success through a program that blends psychological insight with managerial expertise. Develop the skills to analyze workplace dynamics, enhance organizational performance, and apply evidence-based strategies in leadership, marketing, and human resources within an international business context.
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The Master of Science in Psychology & Management is a comprehensive program that combines psychological principles with business management practices. During three to four semesters you will be prepared for roles that require expertise in both psychology and business.
In this business psychology degree program, you will be trained in the main professional fields for business psychologists – psychology, market analysis, consulting and human resources.
In the first semester of the Master's in Business Psychology, you will receive a general and broad education in applied psychology in a business context. In the second semester, you will deepen your expertise in workplace psychology, market and media behavior, and human resources management, while gaining practical research and industry experience through a hands-on project and an internship. In the third semester you will gain international exposure via a semester abroad, and in the fourth semester you will work on your master’s thesis project.
Only around 6% of business schools worldwide are AACSB-accredited – an internationally recognized mark of quality for excellence in teaching, research, and social impact.
A semester abroad is integrated into the Master's in Business Psychology. After two semesters at ISM, you will spend your third semester at one of our ca. 190 partner universities. Abroad you can:
Double Degree in Business Psychology
In the Master of Psychology & Management program, you can graduate with a double degree, one from ISM and one from a partner university abroad, such as from Bond University Australia, Boston University in United States, or Lancaster University in the United Kingdom.
The Master of Psychology & Management combines two exciting disciplines: business administration and psychology. In the first semester, you will receive a general and broad education in applied psychology in a business context. Building on this, you will specialize in the 2nd semester and spend a semester abroad at one of our numerous partner universities in the 3rd semester. Your studies will end with a practice-oriented Master's thesis in the 4th semester. This means that you will receive your degree with 120 ECTS in the fourth semester.
1st Semester
Concepts of Business Psychology
Work & Organizational Psychology I
Leadership Skills
Psychological Methodology
Research & Management Methods
2nd Semester
Research Project
Work & Organizational Psychology II
Market & Media Psychology
Human Resources & Consulting
3rd Semester
Electives depending on ISM partner university and individual specialization.
4th Semester
Additionally, you can receive an international Double Degree from one of our partner universities.
You will spend the third semester abroad at one of our partner universities. The International Office will support you with this. The semester abroad allows you to deepen your subject-specific knowledge. You will also set individual priorities and learn about the intercultural characteristics of your chosen cultural area. At the same time, you will perfect your language skills. Your classes abroad will be 100% credited, so you won't lose any ECTS and time.
Additional options during your studies are:
During your Master in Psychology & Management you will spend an integrated semester abroad at a partner university of our 180+ large network (PDF). After two semesters at ISM, you spend the third semester at an ISM partner university. Here you will have the opportunity to develop valuable intercultural skills and apply your soft and language skills intensively, while understanding how different cultures differ from each other. Your performance will be 100% credited, so you won't lose any ECTS and time.
You can choose the university yourself and our International Office (IO) will support you with the application and study abroad planning process.
While pursuing your Data Science Master's at ISM you can earn optionally an international double degree. This means that, in addition to ISM's Master degree, you can also work towards receiving a second, internationally recognised Master's degree from a partner university abroad. At some partner universities, earning the Double Degree is even possible as part of the integrated semester abroad. You will receive two Master's degrees in two or two and a half years and make a decisive step for your international career. In addition, the double degree will consolidate your intercultural skills and expand your personal network.
Note: If you have not studied a Bachelor's degree in the economics field or if your quantitative ECTS points are not sufficient, you can qualify yourself for your postgraduate management studies with the ISM Pre-Master (one semester, 30 ECTS points).
Dortmund
International School of Management
M.Sc. Psychology & Management
Business & Management, People & Organizational Management
Master
English
IELTS: 6
24 months / 4 semesters
01 Apr 2026
| Study mode | Workload | Duration | Cost per year | Total cost |
|---|---|---|---|---|
|
|
Full-time | 24 months | 15,070$ | 30,140$ |
A leading private business university in Germany, ISM offers internationally recognized programs in management, finance, and marketing, combining academic excellence, practical experience, and global career opportunities across its campuses in major German cities.