
Bachelor of Business Administration and Economics
FernUniversität campus, Germany
Bachelor of Science in Business Administration and Economics
FernUniversität in Hagen (University of Hagen)
Business Administration and Economics
Program Overview: B.Sc. Business Administration and Economics
The Bachelor of Science in Business Administration and Economics at FernUniversität in Hagen provides a comprehensive foundation in both business administration and economics. As Germany's only state-funded distance-learning university and its largest by student numbers, FernUniversität in Hagen offers you maximum flexibility to study at your own pace using modern digital learning tools and printed study materials.
This program equips you with a thorough understanding of economic processes and interrelationships that are essential across many professional fields. The curriculum is divided into compulsory and compulsory elective components, allowing you to build core competencies while tailoring your specialization to your career goals in areas such as business administration, economics, and quantitative methods.
The program is designed for both full-time and part-time study, making it ideal for working professionals and those with other commitments. Each module carries 10 ECTS credits with a workload of approximately 300 hours, and learning is supported through the Moodle online platform, written study materials, video lectures, tutorials, and practice exercises.
Key Program Highlights
- Germany's only state-funded distance-learning university with internationally recognized degrees accredited by AQAS
- Flexible study format allowing full-time completion in 6 semesters or part-time study at your own pace
- Broad elective module selection enabling specialization in business administration, economics, or quantitative analysis
- Access to 13 German and 7 international campus locations for in-person seminars and examination support
Curriculum and Modules
The B.Sc. Business Administration and Economics comprises 180 ECTS credits distributed across ten compulsory modules and six elective components including four elective modules, a seminar, a cross-disciplinary competence module, and a bachelor thesis. Each module is weighted at 10 ECTS credits with an estimated workload of 300 hours, ensuring in-depth engagement with each subject area.
Introduction to Business Administration
10 ECTSCovers the fundamentals of business administration including organizational structures, corporate management, and business decision-making processes within modern enterprises.
Introduction to Economics (Microeconomics and Macroeconomics)
10 ECTSProvides foundational knowledge in micro- and macroeconomic theory, exploring market mechanisms, consumer behavior, national income, and economic policy frameworks.
External Accounting and Financial Reporting
10 ECTSIntroduces the principles of financial accounting, bookkeeping, balance sheet analysis, and financial reporting standards essential for understanding corporate financial health.
Internal Accounting and Cost Management
10 ECTSFocuses on cost accounting, management accounting, budgeting, and internal performance measurement systems used for operational decision-making.
Mathematics and Statistics for Economists
10 ECTSDevelops quantitative analytical skills including mathematical methods, statistical analysis, and their applications to economic and business problems.
Investment, Finance, and Taxation
10 ECTSExamines corporate finance principles, investment appraisal techniques, capital market theory, and the fundamentals of taxation relevant to business decision-making.
Elective Modules and Specializations
Admission Requirements
Admission to the B.Sc. Business Administration and Economics at FernUniversität in Hagen requires a recognized higher education entrance qualification. International applicants whose school-leaving certificates are not directly recognized may need to complete a preparatory course (Studienkolleg) or pass the TestAS examination. Contact Uni4Edu for guidance on your specific eligibility.
Academic Requirements
- Higher Education Entrance QualificationGerman Abitur (Allgemeine Hochschulreife), Fachhochschulreife, or equivalent international qualification
- Alternative QualificationRelevant vocational qualification (fachgebundene Hochschulreife) with professional experience may be accepted
- International CredentialsForeign school-leaving certificates evaluated via the anabin database; TestAS may be required
- Admission RestrictionThis program is generally not restricted by a numerus clausus (NC-free); contact Uni4Edu to confirm current status
- Age RequirementNo specific age requirement; the program is designed for learners at all life stages
Language Requirements
- Language of InstructionGerman — the program is taught and assessed exclusively in German
- German Proficiency (International Applicants)DSH-2, TestDaF (TDN 4 in all sections), or equivalent certificate typically required
- Language SupportFernUniversität offers the studyBRIDGE program with free online German courses for international students
Required Documents
Application Deadlines
For personalized admission guidance, document verification, and application support, please contact Uni4Edu
Scholarships and Funding
While FernUniversität in Hagen is a public university with very low semester fees, several scholarship and funding opportunities are available to support your studies. International students can access both university-facilitated programs and external German funding schemes. Contact Uni4Edu for personalized guidance on funding options.
Deutschlandstipendium (Germany Scholarship)
EUR 300 per monthA national merit-based scholarship available to high-achieving students at German universities, funded jointly by the federal government and private sponsors. Eligibility is based on academic performance, social engagement, and personal circumstances.
PROMOS Scholarship Program
Varies by activityFunded by the DAAD, PROMOS supports study visits, study-related internships, intensive language courses, and specialist courses abroad. Available to enrolled students seeking international experience during their degree.
BAföG (Federal Student Aid)
Up to EUR 934 per month (subject to assessment)Germany's federal student financial aid program provides need-based support to eligible students. Half is typically granted as a non-repayable grant and half as an interest-free loan. Eligibility depends on financial circumstances and residency status.
For detailed tuition fee information, please contact Uni4Edu — we will guide you through the costs and available funding options for this program.
Career Prospects
A Bachelor of Science in Business Administration and Economics from FernUniversität in Hagen qualifies you for a wide range of positions in business and the public sector. Graduates work across nearly all areas of the economy, from local mid-sized companies to global corporations and government institutions, wherever understanding of economic relationships is essential.
Potential Career Roles
Typical Employer Sectors
Rankings and Recognition
FernUniversität in Hagen holds a unique position as Germany's only state-funded distance-learning university. Due to its distinctive distance-learning model, it is often assessed separately from traditional on-campus universities. The university is accredited by ACQUIN and FIBAA, is a member of the European University Association (EUA) and the European Association of Distance Teaching Universities (EADTU), and its degrees are fully equivalent to those awarded by traditional German universities.
| Subject | Ranking Body | Rank |
|---|---|---|
| Liberal Arts & Social Sciences | EduRank | #61 in Germany |
| Economic Sciences | CHE Ranking | Included (Contact Uni4Edu for current data) |
| Mathematics | EduRank | #68 in Germany |
| Computer Science | EduRank | #68 in Germany |
How to Apply
Applying for this program is easy with Uni4Edu. Our team will guide you through every step of the process — from document preparation to final enrolment.
Contact Uni4Edu
Reach out to our team via email or phone. We will assess your profile and confirm your eligibility for this program.
Prepare Your Documents
Our advisors will provide you with a personalised checklist of required documents and help you prepare your application package.
Submit Your Application
Uni4Edu will submit your application on your behalf and keep you updated on its progress throughout the review period.
Receive Your Offer
Once accepted, we will help you understand your offer, arrange visa support if needed, and guide you through the enrolment process.
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