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BECOME A MASTER IN BUSINESS ENGINEERING IN BUSINESS AND TECHNOLOGY

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Economics meets technology

"Economics as its foundation, technology as added value and entrepreneurship as a guideline" - this is, in short, the philosophy behind the Belgian academic qualification of business engineer (also known as management engineer or commercial engineer).

The master in Business and Technology focuses on business aspects of cutting-edge technology and offers high-level courses on various aspects of business, finance, accounting, technology, strategy, analytics and more. The entrepreneurship course combines business and technology by putting our products on the market. 

Thanks to the mix of in-depth theoretical and practical knowledge, you will learn everything you need to succeed as a business engineer in a highlevel position. Our master programme prepares you for the challenges of the globalised economy.

This programme is organized on the Brussels Humanities, Sciences and Engineering Campus

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Study at Solvay Business School, VUB

The Faculty of Social Sciences & Solvay Business School has its roots in the  Business Engineer program by Ernest Solvay in 1903. A long tradition of integrating business education with technology continues in all of its programmes. 

We strive to educate students to become highly skilled professionals with an excellent command of various languages and a good understanding of multiple cultures wanted by/needed in national and international public institutions and in multinational companies.

Solvay Schools Alumni Network

Solvay Schools Alumni is the association that gathers all graduates from the VUB Solvay Business School and the ULB Solvay Brussels School of Economics & Management.

Representing a network of 20,000 alumni in more than 65 countries, our alumni are present in all areas of the workforce. With about 50 activities and conferences every year, the organisation offers its members lifelong learning, career services, support and networking opportunities.

Thanks to an extensive online database and its annual yearbook, Solvay Schools Alumni gives its members the chance to keep in touch and meet up at professional and social meetings.

International university

Vrije Universiteit Brussel (VUB) is a dynamic and modern university with almost two centuries of history. VUB has 15.000 students, 21% of which are international students from more than 120 different countries. 

Being a student at VUB means learning in an international and open atmosphere of tolerance and diversity that will help you to grow into an independent and critical-thinking individual. 

VUB offers high quality English-taught programmes, supported by outstanding research. VUB is known for treating its students as individuals. Professors and teaching assistants are available and open to answer questions from students. Interactive methods ensure close interaction and contribute to students growing into independent and critical individuals.

Faculty of Social Sciences & Solvay Business School

More information

Contact the programme coordinator

mbt@vub.ac.be

Programme Calendar

FIRST SEMESTER 

All new students start mid-September with a series of daytime classes during 13 weeks. The first semester ends in the 3rd week of December (winter break). The first exam session (1st semester courses) is organized in January.

SECOND SEMESTER

starting halfway February - 8 weeks of class, followed by the spring break, and then another 5 weeks of class.The first exam session (2nd semester courses) is organized at the end of May and in June.

RESIT (SECOND CHANCE) EXAMS

If you would have failed for one or more exams, we have a second exam session organized from mid-August till mid-September . This second chance exam is included in your enrollment and we expect you to attend this exam if you've failed a first exam session (no failed result is transferred to second session).

Programme Design

Module 1 (year 1) is composed out of 9 compulsory courses and one elective, in total 60 ECTS-credits

This course confronts the student with the different strategic and managerial issues, challenges, opportunities and decisions to be made by corporations and organisations with regards to the development and use of information systems (IS) and information technology (IT). The course as well aims to provide the students with a set of conceptual tools and approaches (models, methodologies, frameworks, etc.) to handle all these different aspects.

In International Corporate Finance, we blend theory, practice and real-world case studies to allow students to truly understand what to do when confronted with an international financial problem at the company level. We cover advanced topics in international business finance such as exchange rate risk management, the valuation of international investment projects and the balancing of risk and reward in managing multinational corporations

This course aims at providing a hands-on introduction to different types of versatile analytical techniques that are used for managerial decision making.

This course aims at strengthening the analytical skills, the ability to synthesize and critically analyse information and decision making in and for project management. At the end of this course, students should be able to critically understand the project life cycle, project management and processes, project performance and project governance. Students should also know and be able to apply the skills and methods for project management. Moreover, students should capture, analyse and be able to critically explain the role of the project manager and project teams. Finally, the course aims at strengthening collaboration skills by working in teams, through discussing cases together, formulating solutions and arguing choices. You should together be able to timely hand in qualitative group reports.

In the part Finanial Reporting

  • we refresh basic accounting techniques (a.o. balance sheet equation) and the preparation of annual financial statements;
  • we obtain an understanding of the environment in which financial reporting takes place - how it is regulated; 
  • we acquire skills in how financial statements are analysed and interpreted (a.o. time series and cross-sectional analysis, accounting ratios, statement of cash flows, ROI decomposition);
  • we provide the basics of how consolidation is done and how a cash flow statement is prepared; 
  • we gain an understanding into earnings management and creative accounting;

In the part Auditing (of financial statements):  

  • we obtain an understanding of the basic audit framework, audit quality and the inherent limitations of auditing;
  • we analyse the audit risk model (inherent risk, control risk, detection risk, materiality);
  • we analyse the types of audit opinion expressed in the auditor's report. 

Content of theoretical lessons: Historical introduction; The engineering design process (with case histories); (analysis and implementation); Protection of technical kwowledge; European regulations,Innovation strategy and management; Hazards of new technology, ethics and product liability; global warming.

The course teaches the fundamental principles of data science. It introduces the student to “data-analytic thinking”, so that the student can understand and know how to extract useful knowledge and value from data. With that knowledge, the student can find, read and discuss relevant research papers in data science. 

The main task for students is to write a paper in preparation of their Master thesis.  The paper is written under the direction of the future promoter of the Master thesis.

The paper should contain:

  • a reasoned description of the scope of the topic;
  • a critical literature review (guideline: 5,000 words and 10 peer-reviewed articles);
  • clear research questions that are derived from the existing literature;
  • a detailed explanation (and justification) of the selected research method(s);
  • a provisional structure of the master thesis, with justification;
  • a list of references drafted according to a generally accepted referencing system (depending on the preferences of the promoter: APA or another system).

The promoter can always give additional instructions.

No business can survive without customers, so insights into how we can create, deliver, communicate and monitor customer value is quintessential in an advanced marketing course. Topics that this course deals with are (not exhaustively), the following:

  • The nature of marketing & science
  • Marketing strategies, plans & models
  • Capturing marketing insights
  • Creating customer value
  • Delivering customer value
  • Communicating customer value
  • Appropriating customor value

Current topics in the (academic) field of marketing will be addressed on a regular basis and hands-on methods for marketing managers and decision makers will be provided. 

 

Options are:

  • Technology and Applications of Micro-Electronics and Photonics

  • Materials science and innovation

     

  • Biotechnology

Module 2 (year 2) exists out of 5 compulsory courses and electives in business aspects, practice-oriented courses and electives in the field of economics/business/management.

The objective of this course is to explain how corporate social responsibility (CSR) can be integrated in business models. Such integration is quite challenging, and hence we elaborate on the variety of challenges. At the same time, CSR can have a positive impact on the business, which we do also discuss. Overall, CSR integration in business models requires various areas of understanding.

In the course it is analysed how the result of a business profit is determined by its strategy and environment. Special attention is drawn to strategy analysis and formulation. Two levels are distinguished: concern/corporate and competitive strategy. Concern strategy determines in which industries the business should invest and competition strategy tells how a business can position itself in a segment and how it can reach and maintain a competitive advantage. There is also attention in the course for the link between strategy and the specific business environment.

As a final year student, you pick one of both master thesis options:

Master thesis Business and Technology

The “Master thesis Business and Technology” is a capstone of the master’s programme. In the master thesis, the student demonstrates analytical and synthetic skills and the capacity to  independently solve problems at an academic level. The thesis reflects a critical and reflective mindset and the student’s research skills. “Master thesis Business and Technology” covers a topic related to one of the subareas that are addressed in the master’s programme Business and Technology.

Master thesis Business and Technology: Trade Mission

The “Master thesis Business and Technology: Trade Mission” is a capstone of the master’s programme. In the master thesis, the student demonstrates analytical and synthetic skills and the capacity to  independently solve problems at an academic level. The thesis reflects a critical and reflective mindset and the student’s research skills. The student completes a project abroad, assigned by a company, an NGO, or another organzation.  The work consists of interim reports (submitted before and during the trade mission) and a final research report that is submitted after the trade mission is completed. The student orally defends the final report.

The objective of the course is to learn how to write a business plan. Business plan development takes place at four main stages: 1/ analysis of the business environment, 2/ development of a business idea to a business model, 3/ evaluations of key assumptions and their verification, and 4/ development of a financial plan. Throughout these four stages, students need to gather as much as possible realistic information, need to convince others to cooperate with them, and need to adapt their business idea according to the ongoing analysis. To accomplish this, sound communication and collaboration skills need to be developed.

Select one of the electives listed:

  • Business Aspects of Biotechnology
  • Business Aspects of Innovation in Materials
  • Business Aspects of Micro-electronics and Photonics
  • Business Aspects of Software Industry

Select one of the electives listed:

  • Technological Business Development Project
  • Internship (on 6 ECTS or on 12 ECTS)
  • Microeconomics of Competitiveness
  • International Business Project
  • Advanced Accounting and International Financial Reporting
  • Sustainable Mobility and Logistics
  • Risk Management
  • Multinational Strategic Planning
  • Global Banking
  • Scalable Data Management Systems

Learning outcomes

Learning outcomes describe the intended knowledge and understanding, skills and attitudes that you must master after completing your studies. Do you want to know more about the specific learning outcomes of this program? Click here for more information.

Are you eligible to join the programme?

Discover the admissions criteria

Academic requirements

DIRECT ADMISSION

Candidates with a Flemish degree of BSc in Handelsingenieur have direct admission into this master.

ADMISSION AFTER SCREENING

All other students will be screened on study background, motivation and language skills. 

You must have an academic Bachelor’s degree in a field related to Business/Management or Economics. In addition to this, you need to have successfully achieved a minimum number of (European) credits in Economics, Business/Management, Quantitative Methods, Law. Also, it is absolutely vital that you have acquired credits in Natural Sciences (chemistry, biology, physics, etc.):

  • Law: 6 ECTS
  • Economics: 15 ECTS
  • Business/Management: 24 ECTS
  • Quantitative Methods: 24 ECTS
  • Natural Sciences: 12 ECTS

Language requirements

There are three ways to prove your English language proficiency:

Option 1: send us one of the following language certificates proving your CEFR B2 level:

  • TOEFL (only the internet-based test is accepted): minimum level: 79
  • IELTS: minimum level academic module 6.5
  • Cambridge English: CAE grade B or CPE grade C (equivalent to the CEFR B2)
  • ITACE: minimum grade B2

Due to the COVID-19 pandemic, we are aware that students may face difficulties to take a test in person. Please note that we also accept the TOEFL IBT Special Home Edition and the IELTS Indicator. These are variants of the classic TOEFL and IELTS tests that you may take at home.

Please note that language test results cannot be older than 5 years at the moment of application.

Option 2: having successfully completed secondary or higher education with English as language of instruction:

  • submit official proof of the language of instruction of your previous study;

Option 3: having successfully completed Belgian secondary education

  • submit official proof that you completed a study in the Belgian educational system

FIND OUT THE 2021 DEADLINES

2021 APPLICATION PROCEDURE & DEADLINES

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Thierry Geerts, Solvay alumnus and Country Director at Google Belgium

Key in the digital age

”The MBT programme offers a combination of business and technology education; a mix that is key in the digital age. The programme offers a broad education, opening a lot of future career opportunities. Alongside the quality of the programme, the university’s open mindset and diverse culture help students achieve their goals in this complex world.” 

Class of 2020 Graduation Ceremony, September 2020, Grand Place Brussels

AFTER GRADUATION

A master degree opens doors in many different branches and sectors. You will be able to work in the private sector, (non-) governmental organisations, or continue your academic career as a PhD researcher. Not sure what your next step should be? The VUB helps you with your first steps on the job market.

Careercenter


THE VUB HELPS YOU TO MAKE YOUR FIRST STEP IN THE JOB MARKET WITH WORKSHOPS, NETWORKING EVENTS, JOB FAIRS, TIPS ‘N TRICKS FOR JOB INTERVIEWS. ALL AN AMBITIOUS STUDENT NEEDS!

First step in the market

All graduates get access to the network

Solvay Schools Alumni

Phd?


IF YOU WANT TO CONTINUE YOUR ACADEMIC CAREER, YOU CAN APPLY FOR A PHD POSITION AT THE VRIJE UNIVERSITEIT BRUSSEL. ALL YOU NEED IS A PROMOTER, RESEARCH SUBJECT AND SUFFICIENT FUNDING. ARE YOU UP FOR THIS CHALLENGE?

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