Economics, Psychology and Management (Master)
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How do people make economic decisions? What motivates employees, customers, or founders? And how can change processes in companies be successfully managed? The Master’s program in Economics, Psychology, and Management combines perspectives from economics, psychology, and management. You will learn to understand human behavior in organizations and markets, analyze it scientifically, and develop well-founded solutions to current challenges in business and the workplace.
At a Glance
About the Program
Economics, Psychology, and Management —three disciplines that are closely intertwined. In everyday professional life, economic processes can only be understood by understanding the people behind them, and they can only be successfully shaped by confidently applying management techniques.
In the Master’s program in Economics, Psychology, and Management, you will learn how people make economic decisions, what motivates their actions, and how organizations respond to change. Change processes give rise to a dynamic field of work: tasks are eliminated, new business areas emerge, the skills required of employees change, and customer expectations also vary. You’ll practice actively supporting and advising on change processes in companies while taking an evidence-based approach. The application of scientific methods and data analysis is essential for this.
What you will learn, practice, and develop:
- Economic and psychological understanding: Analysis of complex economic relationships and insight into the behavior of employees, customers, and organizations.
- Leadership and management: Planning, steering, and implementing projects, teams, and organizational processes.
- Consulting, coaching, and training: Working with current research findings on selected topics as a foundation for subsequent coaching training to support employees and organizations through change processes.
- Application to current topics: Work and health, work tasks in the age of AI, constant innovation, and evolving competency requirements.
Interdisciplinary Approach
The program combines economics and psychology: You will explore economic relationships, management issues, and how people experience and behave in the workplace. During your studies, you will learn to analyze economic processes from a business psychology perspective based on current empirical studies and to integrate various approaches.
Customize Your Academic Path with Flexible Electives
In addition to required foundational modules, the program offers numerous rotating elective courses that cover current research topics. This allows you to tailor your studies to your individual interests and further specialize in areas such as work and health, marketing, or digital transformation.
Research-Oriented with Practical Relevance
The program is characterized by a strong research focus and a solid methodological foundation. You will engage intensively with current research and learn to apply scientific findings to practical problems.
A special feature is the “Evidence-Based Management” seminar, in which you will carry out a practical project with regional companies in Kassel.
The Master’s in Economics, Psychology, and Management opens up a wide range of career opportunities—from leadership and management roles to consulting and coaching, as well as research and analysis.
Graduates work, for example, in human resources and organizational development, corporate and startup consulting, and market and consumer research, or pursue further training to become coaches or trainers.
Learn more about specific job profiles, typical fields of work, and exciting career paths on our page about career prospects.
During your studies, you’ll have the opportunity to gain practical experience or explore international perspectives.
Practical Experience During Your Studies
The curriculum includes an optional internship. You can complete this either in a professional setting—for example, at a company or organization—or in a research setting. Alternatively, you have the option to take courses outside your major and thus acquire additional skills beyond your field of study.
An internship is therefore not mandatory, but rather an additional option to broaden your studies with a practical focus. (However, it is not possible to combine an internship with courses outside your major within this module.)
International Experience
A semester abroad can also be easily integrated into your course of study—especially during the last two semesters of your program.
For more information on exchange opportunities, please visit the University of Kassel’s Erasmus program website.
The Master’s program in Economics, Psychology, and Management focuses on practice- and application-oriented research questions. For example, it examines how people in organizations behave, develop, and can remain motivated, creative, and productive in their work environment.
This interdisciplinary approach is reflected in the course offerings through collaboration among a wide variety of departments. In addition to courses in the field of business psychology, courses are also offered in areas such as clinical psychology, social psychology, work and organizational psychology, as well as in business disciplines like marketing, economic policy, innovation, and entrepreneurship. (See links below)
This allows current and relevant research topics—such as the effects on employees of using new information and communication technologies (e.g., AI)—to be examined from various perspectives. The latest research findings on these topics are incorporated into courses, for example, from the Research Center for Information Technology Design (ITeG) .
This allows you to engage with current, relevant research questions and gain initial practical experience while still a student.
Participating Chairs:
Department of Clinical Psychology
Department of Work and Organizational Psychology
Department of Social Psychology
Department of Economic Policy, Innovation, and Entrepreneurship
Information and advice
Go-Link of this page: www.uni-kassel.de/go/m_wipsy/
