| In spite of being the most widely chosen study course in Germany, hitherto there are almost no studies and German instruments that facilitate the modeling and assessment of competence in business and economics in higher education. To fill this research gap, an interdisciplinary team was formed encompassing the Chair of Business Education and the Faculty of Translation Studies, Linguistics and Cultural Studies from the Johannes Gutenberg-Universität Mainz and the Ladislaus von Bortkiewicz Chair of Statistics from the Humboldt-Universität zu Berlin. Furthermore the National Educational Panel Study (NEPS) and the WiwiKom team are cooperating closely for the benefit of the project. The research project iteratively pursues two goals in order to enable an empirically-based level- and structure modeling. 1) An economic, domain-specific competence model will be conceptualized and developed and empirically tested and validated in German higher education in a second step.2) Two internationally tested and approved test instruments, the Mexican “EGEL” of the Centro Nacional de Evaluación para la Educación Superior (CENEVAL) and the American “TUCE” of the Council for Economic Educations (CEE), have to be genuinely adapted, further developed and validated into a German measuring instrument, so that the developed competence model can be measured. Furthermore the adaption of both tests for the German language facilitates comparisons between the different countries.