M.Sc. Psychology & Management

International School of Management

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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Master

Programme level

24 months

Study duration

15,070$

Cost per year

English

Study language

Programme info

  • Standard period of study: 3 semester plus 1 semester master thesis
  • Campuses: Dortmund
  • Degree: Master of Science (MSc)
  • Accreditations: AACSB, FIBAA, German Accreditation Council
  • Semester abroad: One compulsory integrated at a partner university abroad
  • Practical experience: 12 weeks of compulsory internship, workshops and excursions
  • Language: 100 % in English
  • Double Degree: Optionally, get a second master's degree from a partner university

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:

  • deepen your subject-specific knowledge,
  • set individual specializations,
  • perfect your foreign language skills,
  • get to know intercultural particularities of business psychology and even can complete a second international degree (double degree) at a partner university if you are interested in doing so.


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

  • Cognitive Psychology (2 ECTS)
  • Social & Personality Psychology (2 ECTS)
  • Clinical Psychology & Psychotherapy (2 ECTS)


Work & Organizational Psychology I

  • Personnel & Organizational Psychology (2 ECTS)
  • Psychological Change Management & Coaching (2 ECTS)
  • Work Psychology (2 ECTS)


Leadership Skills

  • Corporate Governance & Business Ethics (2 ECTS)
  • Negotiation, Communication & Executive Presentations (2 ECTS)
  • Cross Cultural Leadership (2 ECTS)


Psychological Methodology

  • Quantitative Research Methods: Applied Statistics (4 ECTS)
  • Qualitative Research Methods (2 ECTS)


Research & Management Methods

  • Methods of Scientific Work (2 ECTS)
  • Business Psychology as an Empirical Science (2 ECTS)
  • Consulting & Management Methods (2 ECTS)


2nd Semester

Research Project

  • Research Project (6 ECTS)


Work & Organizational Psychology II

  • Personnel Selection (2 ECTS)
  • Workplace Health Promotion (2 ECTS)
  • Mental Disorders in the Workplace (2 ECTS)


Market & Media Psychology

  • Media & Communications Psychology (2 ECTS)
  • Brand Psychology (2 ECTS)
  • Consumer Psychology (2 ECTS)


Human Resources & Consulting

  • Personnel Development (2 ECTS)
  • Strategic Human Resource Management & Current Trends (2 ECTS)
  • Project / Case Study (2 ECTS)
  • Internship (Practical experience phase I) (6 ECTS)


3rd Semester

  • Semester abroad (24 ECTS)

Electives depending on ISM partner university and individual specialization.


4th Semester

  • Master's Thesis (30 ECTS)

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:

  • Fast Track: If you wish to shorten your studies to only 3 semesters, you can select the Fast Track option, in which you may skip the semester abroad.
  • Double Degree: If you would like to receive a Double Degree, we offer this option in collaboration with several partner institutions.

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.

  • Curriculum vitae (CV)
  • A successfully completed Bachelor's degree (if you have not graduated yet the transcript of records) or
  • an equivalent course of study at a university or university of applied sciences or a foreign university of equivalent level, and
  • examinations must be at least 30 ECTS points in the field of business sciences.
  • Proof of English language skills (if available), equivalent to the B2 level, for eg. TOEFL, IELTS 6.0 or other (only needed if the medium of instruction in your high school/university was not English)


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).

Programme campus:

Dortmund

University’s main campus:

International School of Management

Berlin, Germany

Programme name:

M.Sc. Psychology & Management

Field of study:

Business & Management, People & Organizational Management

Programme level:

Master

Programme language:

English

Language requirements:

IELTS: 6

Duration & semesters:

24 months / 4 semesters

Next admission date:

01 Apr 2026

Programme pricing

Study mode Workload Duration Cost per year Total cost
On-campus Full-time 24 months 15,070$ 30,140$
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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.

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