Minors at Tilburg School of Economics and Management

The minor Accountancy further develops your knowledge and skills to collect and analyze financial and non-financial information which is key for decision making in business. Whether you have to book a lease contract in your accounts, to negotiate with a client about prices, to invest in a new project or to decide on key performance indicators for your team, relevant and reliable information is indispensable. The course Internal Control and Risk Management focuses on the importance of information flows in different types of companies with special attention to the risks that the lack of controls in systems might create. The course Corporate Financial Reporting focuses on the use of this information to create financial statements in line with the International Financial Reporting Standards. Understanding the accounting standards is crucial to create correct financial statement but also to be able to analyze these financial statements to gain insights in companies. The course Cost and Performance Management focuses on the use of cost information to analyze the business and make complex decisions. Understanding costs and targets also allows you to discuss performance measures at different levels in a company. The minor consists of the following courses:

• Corporate Financial Reporting (6 ECTS)
• Cost and Performance Management (6 ECTS)
• Internal Control and Risk Management (3 ECTS)

The focus of this minor is on economic policy making. The course History of Economic Thought teaches how ideas on economic theory and  policies have developed over time, and how they were shaped by important historical developments. The course Economics of the European Union focuses on (macro) policy making in Europe, applied to different policy areas. In the course Economics in Practice you learn how to use micro economics to advise firms on how to deal with changes in their environment due to changes in (European) legislation. The minor consists of the following courses:

• Economics of the European Union (6 ECTS)*
• History of Economic Thought (6 ECTS)*
• Economics in Practice: Consulting (3 ECTS

*Please note that the OSIRIS course catalog will be updated in August and that course descriptions are subject to change.

The importance of entrepreneurship and an entrepreneurial midset for innovation and positive societal change is a consistent theme in this minor. The course Entrepreneurship Theory & Practice focusses on how innovation and change are driven by entrepreneurial new ventures and the novel products and services that they create. The course Introduction to Corporate Entrepreneurship explores innovation and renewal within existing businesses. This is often seen as a challenge, especially in the context of trying to combine existing business performance with the development of new sources of revenue, or more sustainable business models. The course Entrepreneurship for sustainable impact connects both the start-up and incumbent worlds, as a source of opportunities and a driver of change. The core concepts of this minor are Value Creation, Delivery, and Value Capture. The minor provides a variety of coherent insights into these core concepts in different but also overlapping contexts. How organizations, individuals, governments and institutions search for, create and deliver solutions, is connected to how entrepreneurship  as a process does that and why. This minor provides you with new insights into business and societal challenges and how they, from an entrepreneurial mindset perspective, might play a role in overcoming them in your future career. The minor consists of the following courses:

• Entrepreneurship Theory & Practice (6 ECTS)*
• Introduction to Corporate Entrepreneurship (6 ECTS)*
• Entrepreneurship for Sustainable Impact (3 ECTS)

*Please note that the OSIRIS course catalog will be updated in August and that course descriptions are subject to change.

Please note that this minor is not allowed for students in the bachelor Entrepreneurship and Business Innovation due to the overlap of courses.

Essential Digital Skills are crucial if you would like to pursue a career in business and management because it enables you to thrive in today's increasingly digital-centric workplace. Proficiency in digital skills empowers you to navigate a data-driven business landscape, streamline operations, make informed decisions, and adapt to rapidly evolving technology. These skills not only enhance efficiency and productivity but also facilitate problem-solving and innovation, positioning you as a valuable asset in a wide range of business and management roles where digital transformation is integral to success. The minor consists of the following courses:

• Essential Mathematics for Data Science (6 ECTS)
• Programming (6 ECTS)
• Data Structures (3 ECTS)

Please note
If you are in the bachelor Bedrijfskunde, Entrepreneurship and Business Innovation, or International Business Administration you:

• Need to do the minor Essential Data Skills in block 1 and the minor Data Science in Business in block 2 to be admitted to the master Data Science & Entrepreneurship.
• Can choose the minor Essential Data Skills in block 1 and a Challenge in Business and Society minor in block 2.
• Are not allowed to do the minor Data Science in Business in block 2 if you did not do the minor Essential Data Skills.

If you are in the bachelor Economics or Economie en Bedrijfseconomie you:

• Are not allowed to do the minor Essential Data Skills.

In this minor you learn about new academic perspectives across two key domains. First. understanding the origin and functioning of financial institutions, and second the principles of financial decision-making. In relation to financial institutions, we offer the course, Financial History and Intermediation, in which you will comprehend the historical and institutional roots of financial intermediations and the genesis and evolution of money, banks, and corporations. In relation to financial decision-making, two courses are offered: Financial Management and Risk Management. In the course Financial Management, you learn how financial managers of different types of firms make socially responsible but at the same time economically viable decisions. In the course Risk Management, you learn how managers diagnose and manage their risks by using several financial strategies and contracts (financial derivatives). Overall, in the minor Finance you will acquire new intellectual lenses, empowering them to better understand contemporary debates in the finance discipline. The minor consists of the following courses:

• Financial Management (6 ECTS)*
• Risk Management (6 ECTS)*
• Financial History and Intermediation (3 ECTS)

*Please note that the OSIRIS course catalog will be updated in August and that course descriptions are subject to change.

In this minor you learn how major information and technology-related developments affect businesses. The course Decision Support Systems focuses on individual decision-making and introduces you to business analytics, performance dashboards, database management, predictive analytics, and knowledge-based Decision Support Systems. The course Supply Chain Management focuses on intra- and inter-organizational business processes and addresses the role of Information Systems in organizations and in supply chains. In the course Project “ISCM” you apply your knowledge and understanding at the intersection of information systems and supply chain management. The minor consists of the following courses:

• Decision Support Systems (6 ECTS)*
• Supply Chain Management (6 ECTS)*
• Project “ISCM” (3 ECTS)

*Please note that the OSIRIS course catalog will be updated in August and that course descriptions are subject to change.

Understanding customer behavior to develop strategies to build relationships with (potential) customers is the goal of this minor. The course Digital and Social Media Strategies focusses on strategies to connect consumers in a digital environment. The course Managing Services: Expectations and Perceptions focusses on strategies to increase customer loyalty in a service environment. Both courses integrate 1) managerially and strategically relevant consumer theories with 2) empirical evidence and data driven techniques that support managerial decision making. The course Big Data Marketing Analytics: Concepts and Cases takes a more analytical approach and learn you how analytical models can help to understand and predict consumer behavior. The minor consists of the following courses:

• Big Data Marketing Analytics: Concepts and Cases (6 ECTS)
• Digital and Social Media Strategies (6 ECTS)
• Managing Services: Expectations and Perceptions (3 ECTS)

The Quantitative minor is attractive for TiSEM students who opt for the master Business Analytics and Operations Research, Econometrics and Mathematical Economics, or Quantitative Finance and Actuarial Science or for students who want to increase their quantitative skills. The courses in the minor are taught by the faculty from the department Econometrics and Operations Research. Do not underestimate this minor. An average of at least 7.5 on your mathematics and statistics courses is highly recommended. 

The minor consists of the following courses:

• Linear Algebra (6 ECTS, block 1)*
• Introduction Analysis (3 ECTS, block 1)
• Mathematical Analysis 1 (6 ECTS, block 2)*

*Please note that the OSIRIS course catalog will be updated in August and that course descriptions are subject to change.

Please note that you need to meet the following requirements to start with this minor:

• If you are in the bachelor Bedrijfskunde you need to have passed the courses
  • Wiskunde (350817-B-6)
  • Inleiding Data-Analyse (350818-B-6)
  • Data-Analyse (323624-B-6)
• If you are in the bachelor Economics you need to have passed the courses
  • Mathematics for ECO (30L103-B-6)
  • Statistics for ECO (30L104-B-6)
  • Econometrics for ECO (30L203-B-6)
• If you are in the bachelor Economie en Bedrijfseconomie you need to have passed the courses
  • Wiskunde (350817-B-6)
  • Inleiding Data-Analyse (350818-B-6)
  • Data-Analyse voor EBE (30K215-B-6)
• If you are in the bachelor Entrepreneurship & Business Innovation you need to have passed the courses
  • Mathematics for E&BI (300355-B-3)
  • Quantitative Methods to Understand E&BI (300323-B-6)
  • Quantitative Methods to Optimize E&BI (300344-B-6)
• If you are in the bachelor International Business Administration you need to have passed the courses
  • Mathematics for IBA (30J105-B-6)
  • Statistics 1 for IBA (30J115-B-6)
  • Decision Making with Business Analytics for IBA (30J215-B-3)

Information follows as soon as possible.

The minor consists of the following courses:

• Broader Perspectives on Welfare (6 ECTS)
• Societal and Economic Transitions (6 ECTS)
• Broad Prosperity in Policy and Practice (3 ECTS)

Data is everywhere. However, harnessing the power of data to create value is a complex task that requires specialized knowledge and expertise. That is why integrating data science into business and entrepreneurship is crucial for companies to gain a competitive edge. As data becomes increasingly central to decision-making across all industries, the demand for skilled data scientists is rising. Companies are seeking individuals who can turn raw data into actionable insights, and there has never been a better time to pursue a career in this field. The minor "Data Science in Business" is a steppingstone if you want to explore the field of data science. It takes a deep dive into the essential topics in the world of data science. The minor consists of the following courses:

• Foundations of Databases (6 ECTS)*
• Real-Life Machine Learning (6 ECTS)*
• Algorithms for Data Science (3 ECTS)

*Please note that the OSIRIS course catalog will be updated in August and that course descriptions are subject to change.

Please note
If you are in the bachelor Bedrijfskunde, Entrepreneurship & Business Innovation, or International Business Administration you:

• Need to do the minor Essential Data Skills in block 1 and the minor Data Science in Business in block 2 to be admitted to the master Data Science & Entrepreneurship.
• Can only do this minor if you did the minor Essential Data Skills in block 1.

If you are in the bachelor Economics or Economie en Bedrijfseconomie you:

• Need to do the minor Data Science in Business in block 2 to be admitted to the master Data Science & Entrepreneurship.

This minor delves into the economic complexities that have historically and currently shape the creative and cultural sectors. Insights from various disciplines, including economics, art history, marketing, strategy, sociology, and cultural studies are merged and the intersection of historical perspectives with modern digital technologies will be emphasized. The course Marketing & Branding in Creative Industries dives into marketing and brand-building across diverse sectors of the creative and cultural industries, merging time-honored approaches with contemporary digital tactics. The course The Economics of Arts intertwines the principles of economics with art valuation and historical perspectives whereas the course Creative Pulse: Law, Labour, and Digital delve into the confluence of legal, labor, and digital facets within the creative and cultural industries. The minor provides you a comprehensive view of the economic challenges and opportunities within the creative and cultural industries. The minor consists of the following courses:

• Marketing & Branding in Creative Industries (6 ECTS)
• The Economics of Art (6 ECTS)*
• Creative Pulse: Law, Labor, and Digital (3 ECTS)

*Please note that the OSIRIS course catalog will be updated in August and that course descriptions are subject to change.

The aim of this minor is to provide you with a comprehensive understanding of the healthcare landscape. The course Challenges for Healthcare Systems focusses on health systems and regulations and equips you with the knowledge how healthcare systems are structured and governed. The course ‘How Healthy Should People Be’ delves into the Grossman Model of Health and provides you with economic insights into individual health decisions. This knowledge is useful for the course How to Determine Causes of Health in which you execute in a team your own health research projects. In this course you can apply your knowledge of health systems, regulations, and economic models to a real-world setting which increases your critical thinking and problem-solving skills. The minor consists of the following courses:

• Challenges for Healthcare Systems (6 ECTS)
• How Healthy Should People Be? (6 ECTS)
• How to Determine Causes of Health? (3 ECTS)

This minor imparts essential skills and techniques in operations management, emphasizing their practical application to real-world challenges associated with sustainable development. Through real-life examples, you learn the use of operations management and operations research tools (e.g., inventory management, resource allocation, linear optimization) in reaching sustainable development goals (e.g., zero hunger, no poverty, sustainable production and consumption, good health and well-being). The course OM foundations for Sustainable Development provides you with an understanding of a commercial supply chain and discusses the differences between developed and developing contexts, as well as the perspectives of different stakeholders (e.g., policymakers, consumers, businesses). In the course OM complexities for Sustainable Development, you learn about challenges in managing supply chains with a humanitarian goal. You will learn tools applicable in complex real-life situations related to access to water, food, and medicine in developing countries. In the course Sustainable Development Project, you will apply your learnings on a case study. The minor consists of the following courses:

• OM Foundations for Sustainable Development (6 ECTS)
• OM Complexities in Sustainable Development (6 ECTS)
• Sustainable Development Project (3 ECTS)

Sustainable Taxes for Business and Society are essential for citizens and firms for the financing of public goods and for stimulating citizens and firms towards wellbeing and broad prosperity now and in the future. The course Green Taxation focuses on environmental sustainability challenges like climate change, biodiversity, and the depletion of natural resources. It discusses the role of governmental policies in general towards these challenges and corrective tax policies such as carbon and energy policies and tax policies aimed at reducing waste, and water use. The study of worldwide tax systems is the focal point in the course Sustainable Tax Systems. It analyses the optimal mix of consumption, labour income, capital income, and profit taxes. It also provides students a strength and weakness analysis of various tax systems and stipulates how tax systems can be made robust against trends like aging, globalization, and increasing wealth inequalities. The course International Tax Governance focusses on the global governance of sustainable tax systems. It discusses tax competition between and cooperation among countries and the supervising role of international organizations like the OECD and the United Nations. The minor consists of the following courses:

• Green Taxation (6 ECTS)
• Sustainable Tax Systems (6 ECTS)
• International Tax Governance (3 ECTS)