Master's Programs

International Master's in Management

The Program

International Master's in Management at Nova SBE

This is a highly selective 3- Semester Master’s Program that provides students with the tools, concepts, and training to succeed in an international context.

About the program:

  • In Year 1 (first and second semester), students follow the Master's in Management curriculum and benefit from exclusive and personalized support from a dedicated Nova SBE Career team to prepare for their career abroad. Exclusive language courses in Portuguese and Spanish are also offered (limited slots).
  • In Year 2 (third Semester), students complete their Master's Thesis by developing a Work Project with an international scope.
  • The International Master’s in Management includes a compulsory internationalization requirement that can be completed either through an international internship* or through a study abroad experience during the Master's program**.

*International Internship: ​8-week international internship outside of Portugal and outside country of origin. To be completed after the Bachelor's program and until end of the Master's. Students may carry out their 8-week internship as follows: 8 weeks at company or through accumulation of two 4-week international internships.

** Study abroad experience can be completed through the following options: CEMS MIM Exchange Semester (for students simultaneously enrolled in the CEMS MIM Program); Partner School Master’s (for students simultaneously enrolled in one of the Double Degree Programs); Exchange Semester, during the program, outside Portugal and outside the country where the Bachelor's degree was obtained.

The International Master’s in Management (IMM) is designed for bachelor’s students who want to have an international career after their master’s program and ambition a fast career progression in a multinational company.

Program Overall Structure

Find out what this Master’s degree will offer you during the 3 semesters at Nova SBE!

You will have  mandatory courses, but you will also have the opportunity to choose from a wide range of electives, allowing you to tailor-make your curriculum according to your own goals.

  • Master’s in Management Curriculum
  • Exclusive language Course**
  • Exclusive Career Accelerating Program provided by a dedicated team from the Nova SBE Career Office
  • Students must carry out a Work Project (thesis) in their final semester. Check the formats available below.

    Please note: students pursuing the CEMS MIM or a Double Degree are required to complete the Work Project within the format, deadlines and offer of those programs.

Applications Fall intake 2024/25

Applications to the International Master's in Management are open from November 15, 2023 (12.00 pm, Lisbon time) to March 22, 2024.

The International Master's in Management is a selective program with a limited number of slots. Nova SBE recommends that applicants include the Master's in Management as their second option in their application, in case they are not accepted into the International Master's in Management.

For more information, please contact us by emailing, or calling +351 213 801 699.

Get to know the Mandatory courses and Electives

Candidates’ fluency in several languages is valued by multinational companies. Therefore, we expect the International Master’s in Management (IMM) students to reach the following language levels upon graduation:

  • Language 1: English C1
  • Language 2: Mother Tongue or B1 (if English is the mother tongue)
  • Language 3: A2

To reach these objectives, applicants must meet the following requisites at application:

  • Language 1: English language certificate minimum C1 (or English mother tongue)
  • Language 2: Mother Tongue or any language B1 level (if mother tongue is English)
  • Language 3: A1 level certificate

* Nova SBE provides exclusive courses of Portuguese or Spanish to International Master’s in Management (IMM) students. These are intensive courses, taking place twice per week, with mandatory attendance. Slots are limited.

  • Finance
  • Human Resources
  • Marketing
  • ​Statistics
  • Strategy


* Please note that for the academic year of 2024/25 this information may be subject to changes.

Hospitality & Customer Experience, in partnership with the Westmont Hospitality Group

Within this area of expertise, students can develop and manage customer-focused organizations, leading the development of new customer experience solutions and innovative new businesses based on the principles of hospitality.

Hospitality & Customer Experience students will have the opportunity to participate in classes, talks and seminars taught and presented by professors and international consultants in Hospitality & Customer Experience, by national and international leaders of the tourism and hospitality industry, as well as by executives with knowledge and practice in customer experience in organizations in sectors such as banking, healthcare, entertainment, technology, sports and retail.

This integrated and innovative approach, combining academic knowledge with a strong connection to the industry and practical experience, will give students a set of skills and necessary tools to pursue a career linked to innovation and customer experience in different sectors.

Do you want to know how to incorporate the hospitality and customer experience principles into business operations and how to create and develop new ideas and services to optimize the customer experience through an innovative program? See the mandatory courses:​

  • Hospitality Trends
  • Digital Transformation in Hospitality
  • Hospitality & CX Innovation Fundamentals
  • Service Excellence

Recommended Electives for Tourism & Hospitality Students:

  • Brand Management
  • Digital Marketing
  • Hospitality Expansion & Internationalization
  • Hospitality Operations Management
  • Hotel Asset Management
  • International Events Management
  • Luxury and Fashion Marketing
  • Regenerative Business
  • Revenue Management
  • Sustainable Tourism
  • Tourism & Hospitality Consulting

The area of expertise in Hospitality & Customer Experience also includes a complementary innovation program that will guide students on an entrepreneurial journey where they can develop creativity and their entrepreneurial skills, develop their own projects, and even potentially start their own businesses.

The Westmont Institute of Tourism & Hospitality team will support the students in the development of their innovation projects through regular contact with relevant corporate partners.

This area is only available for students that submit their application on the Fall intake and got accepted on it.

Exchange available on 3rd or 4th semester, on request at additional cost.

This area cannot be coupled with a Double Degree, CEMS MIM and/or other areas of expertise.

If you wish to know more, please contact the Admissions Office and, when applying, do not forget to tick your interest in this area of expertise.


“Sustainable development is a development that meets the needs of the present without compromising the ability of future generations to meet their own needs" (United Nations World Commission on Environment and Development, 1987).

To ensure global sustainability over time, the green transition focuses on responding to the challenges of climate change and environmental degradation but also to the need to work for an economic and societal transformation, integrating all three pillars of sustainable development – economic, social, and environmental.

That is the goal of this Area of Expertise, which is  taught in partnership with Nova’s School of Science and Technology (FCT). This area of expertise is common to the Master's programs in Management, Economics and Finance.

  • Applied Social Entrepreneurship
  • Circular Economy:  Eliminate, Circulate and Regenerate
  • Corporate Governance
  • Corporate Social Responsibility
  • Design Thinking for Social Innovation
  • Diversity & Inclusion
  • Energy and Climate change
  • Finance and the transition to net zero
  • Fundamentals on Environment and Sustainability
  • Impact Investments
  • Impact Makers
  • Leading Social Enterprises with impact in International Development
  • Performance and Progress
  • Responsibility and Ethics of Business
  • Social Marketing
  • Sustainability Evaluation of Policies, Plans and Projects
  • Sustainable International Business
  • Sustainable Operations
  • System Change

Accounting and auditing

Would you like to work in Management Accounting and Control, Auditing and Corporate Taxation areas? Take a look at these courses:

  • Applied Corporate Finance
  • Auditing
  • Financial Statement Analysis
  • Strategic Costing
  • Strategic Planning and Control

Business and data analytics

Data is shaping the digital future. For today's business executives, it is crucial to understand and interpret data to reach  better business solutions. A strong background in mathematics and applied statistics is required so that students will be able to analyze large data sets and translate them to support grounded strategic decisions.

  • AI Impact on Business
  • Algorithmic governance
  • Blockchain fundamentals
  • Computational Thinking and Data Science (includes Applied Statistics)
  • Cracking the Sales Code
  • Data Analytics for Finance
  • Data Curation
  • Data Visualization
  • Introduction to Programming
  • Machine Learning  
  • Marketing Analytics
  • Network Analytics
  • Web 3 a new frontier in business and finance

Digital Business

Digital is a core strategic tool. You will get your mind (and hands) in different areas in which managers can leverage from technology to improve sales, performance, and productivity in core areas.

  • Big Data Analysis
  • Cracking the Sales Code
  • Digital Marketing
  • Digital Strategy and Transformation
  • E-Commerce and Metaverse
  • Innovation and Value Creation Wheel
  • Introduction to Programming
  • Open Innovation
  • Technology Strategy

Financial management

Financial resources, cost efficiency and effectiveness, are management subjects that make you work better and harder. Check the following courses for a career in Corporate Finance.

  • Applied Corporate Finance
  • Auditing
  • Banking
  • Corporate Governance
  • Entrepreneurial Finance & Venture Capital
  • Financial Statement Analysis
  • Futures and Options
  • Investments
  • Mergers, Acquisitions, Restructuring
  • Private Equity

Innovation and entrepreneurship

The Innovation and entrepreneurship area of expertise will help you start your career as an entrepreneur. Explore innovative ideas and processes that will be demanded by customers, how to finance start-up ventures and innovation projects, and how to sell and market new products and services into international marketplaces.

  • Applied Entrepreneurship
  • Applied Social Entrepreneurship
  • Business Model Innovation
  • Design Thinking for Social Innovation
  • Digital Strategy and Transformation
  • Entrepreneurial Finance & Venture Capital
  • Entrepreneurial Strategy
  • Entrepreneurship
  • Innovation and Value Creation Wheel
  • Innovation Management
  • Open Innovation
  • Product Design and Development
  • Science-Based Entrepreneurship and Innovation
  • Venture Simulation


If you like to communicate, launch, and improve products and services, and deliver superior customer value, the Marketing expertise area may be the right one for you. Take a look at the following courses:

  • Advanced Branding and Brand Development
  • Applied Qualitative Studies
  • Applied Quantitative Studies
  • Asian Brands
  • Big Data Analysis
  • Brand Management
  • Brand Management for Hospitality
  • Brands and Marketing in Asia’s Emerging Markets
  • Consumer and Managerial Decision Making
  • Consumer Behavior
  • Cracking the Sales Code
  • Cross-Cultural Issues for Marketing
  • Customer Relationship Management
  • Digital Marketing
  • Digital Strategy and Transformation
  • E-Commerce and Metaverse
  • Innovation and Value Creation Wheel
  • Integrated Marketing Communications
  • International Marketing Strategy
  • Luxury and Fashion Marketing
  • Marketing Analytics
  • Principles of Shopper Marketing
  • Product Design and Development
  • Sales & Retailing
  • Social Marketing
  • Social Media Marketing
  • Special Course: L'Oreal Brandstorm Competition
  • Tourism Marketing

Operations management

Can you develop and implement techniques to improve business processes and production? With these courses, you will tackle matters such as business process re-engineering, quality management, customer service, inventory systems, managing manufacturing, supply chain management, or  project management.

  • Hospitality Operations Management
  • Innovation and Value Creation Wheel
  • Modeling Business decisions for Operations
  • Operations Management
  • Operations Strategy
  • Project Management
  • Quality Management
  • Sustainable Operations
  • Technology Strategy

Sports Management

The Sports Management Area of Expertise aims to provide students with the theoretical knowledge, skills, network, and personal capabilities  to build a career in the sports industry. The students benefit from our in-house world-renowned management expertise and our main partner, the Portuguese Football Association as well as many other leading international sport organisations that might provide internship opportunities.

  • Applied Qualitative Studies
  • Applied Sports Projects
  • Big Data Analysis
  • International Events Management
  • Leadership and Change Management
  • persuasion and Negotiation
  • Sports Careers Seminar Series

Strategy and international business

 This area of expertise will help you understand customers and competitors, their strengths and weaknesses, the complex business and institutional environments, and the existing resource constraintson an international scale.

  • Asian Brands
  • Brands and Marketing in Asia’s Emerging Markets
  • Business Model Innovation
  • Business Strategy and Practice
  • Competition Policy
  • Corporate Strategy and Transformation
  • Digital Strategy and Transformation
  • Doing Business in China
  • Doing Business in Emerging Markets
  • E-Commerce and Metaverse
  • Family Business
  • Geoeconomics and International Relations
  • Innovation and Value Creation Wheel
  • International Business
  • International Events Management
  • Mental Models for Strategy
  • Modelling Business decisions for Operations
  • Negotiation
  • Persuasion and Negotiation
  • Small Business Management
  • Strategic errors in organizations
  • Strategic Foresight and Scenario Planning
  • Strategy Consulting
  • Strategy Implementation
  • Sustainable International Business
  • Sustainable Operations

*Please take note of the following:

— Students can qualify for only one area of expertise, but it is not mandatory for students to choose one.
— Areas of expertise and respective courses might be subject to change from one academic year to the next— Some courses might not be offered every academic year.
— Students may attend elective courses from other Master's programs, subject to availability.
— Please note that for the academic year of 2024/2025 this information may be subject to changes.

  • Applied Corporate Finance;
  • Applied Entrepreneurship;
  • Applied Social Entrepreneurship;
  • Auditing;
  • Banking;
  • Big Data Analysis;
  • Brand Management;
  • Brand Management for Hospitality;
  • Building Companies Based on Science;
  • Business Model Innovation;
  • Business Models for Sustainability;
  • Business Strategy and Practice;
  • Competition Policy;
  • Competitive Strategy: an analytical approach;
  • Computational Thinking and Data Science (includes Applied Statistics);
  • Consumer and Managerial Decision Making;
  • Consumer Behavior;
  • Corporate Social Responsibility;
  • Corporate Strategy and Transformation;
  • Creating and Managing Entrepreneurial Ventures (Starters Academy);
  • Cross-Cultural Issues for Marketing;
  • Customer Experience and Service Excellence;
  • Customer Relationship Management;
  • Data Curation;
  • Data Visualization;
  • Digital Marketing;
  • Digital Strategy and Transformation;
  • Doing Business in China;
  • Doing Business in Emerging Markets;
  • E-Commerce;
  • Economics of Education;
  • Economics of Health and Health Care;
  • Entrepreneurial Finance & Venture Capital;
  • Entrepreneurship;
  • Evidence-based practices for wellbeing;
  • Family Business;
  • Financial Crises in History;
  • Financial Statement Analysis;
  • Futures and Options;
  • Geoeconomics and International Relations;
  • Global Supply Chain Management;
  • Hospitality Operations;
  • Impact Investments;
  • Innovation and Value Creation Wheel;
  • Innovation Management;
  • Integrated Marketing Communications;
  • International Events Management;
  • International Marketing Strategy;
  • International Taxation;
  • Introduction to Hospitality Industry;
  • Introduction to Programming;
  • Leadership and Change Management;
  • Leading Social Enterprises with impact in International Development;
  • Luxury and Fashion Marketing;
  • Luxury Seminar;
  • Machine Learning;
  • Management Control Systems;
  • Management of Non-Profit Organizations;
  • Managerial Accounting;
  • Marketing Analytics;
  • Marketing Management;
  • Mergers, Acquisitions, Restructuring;
  • Methods for Applied Business Problems;
  • Modeling Managerial Decisions;
  • Negotiation;
  • Numerical Methods and MatLab;
  • Open Innovation;
  • Operations Management;
  • Performance and Progress;
  • Persuasion and Negotiation;
  • Private Equity;
  • Product Design and Development;
  • Project Management;
  • Quality Management;
  • Real Estate Finance;
  • Revenue Management;
  • Sales & Retailing;
  • Science-Based Entrepreneurship and Innovation;
  • Service Management;
  • Small Business Management;
  • Social Marketing;
  • Special Project L'Oreal Brandstorm;
  • Strategic Foresight and Scenario Planning;
  • Strategy Consulting;
  • Strategy Implementation;
  • Sustainable International Business;
  • Sustainable Smart Mobility;
  • Talent Development;
  • Technology Strategy;
  • Value-Based Health Care;
  • Venture Simulation;
  • WPP Master Class.


* Please note that for the academic year of 2024/25 this information may be subject to changes.

The Skills Accelerator Program is composed by 4 areas. Students must complete 1 module in each area, according to their Master's program.

  • Digital

Technology for business: concepts, tools, and software.

  • Ethics

The concept of ethics and its importance in life (personal and professional). Exposure to ethical challenges and practical discussions on how to address them.

  • Market Links

Career and job market related activities organized by the Careers office, student clubs, or faculty. Depending on the module selected, corporate partners and other companies are invited to participate. Competencies you might acquire and/or accelarate: self-awareness, collaboration, teamwork effectiveness, critical thinking and problem-solving, job market knowledge, Alumni networking.

  • Leadership

Leadership concepts and tips: self-leadership and leading others.

* Please note that for the academic year of 2024/2025 this information may be subject to changes.

As part of the degree requirement, students must carry out a Work Project (thesis) in their final semester. There are four formats available:

Field Lab

Students address a real business challenge with an international scope in a group setting.

Internship Field Lab

Students carry out a work project within the context of an internship with an international scope.

Business in Practice Simulation and Thesis

One-month intensive Program (June 2024) based on a business simulation and immersive Role Plays, followed by an individual reflective Thesis.

Directed Research*

Students showcase their knowledge and expertise by investigating a research problem of scientific nature in a relevant area of interest.

* This format is generally reserved for those intending on pursuing their studies. with, for example, a PhD.

Please note: students pursuing the CEMS MIM or a Double Degree are required to complete the Work Project within the deadlines, format and offer of those programs.

Grading is based upon the European Credit Transfer System (ECTS) a grading scale developed to facilitate the understanding and comparison of grades given according to different national systems.

The awarding of ECTS grades per curriculum component breaks down as follows:

Mandatory Courses

Career Program – IMF & IMM

Elective Courses (minimum)

Skills Accelerator Modules

MS Excel Certification

Work Project

90 ECTS (minimum) in total to graduate
You need a minimum of 90 ECTS to complete your Master’s, but if you need 120 ECTS to proceed with your studies, you can extend your Master's by completing one extra semester with courses (28 ECTS) and modules (2 ECTS).

Q&A Sessions

Q&A Sessions

Watch the IMM Video and attend one of our live Q&A sessions to learn more about the IMM program, and clear any doubts you may have.