Master of Arts in Innovation and Entrepreneurship

Would you like to form a company and acquire the fundamental basics needed for a successful start-up? Or would you like to advance in forward-looking fields after your Master's and be a driving force for innovation as well as entrepreneurial thinking and action? If so, then the MBS program Master Innovation and Entrepreneurship is your first step toward success. This program will provide you with advanced economic knowledge, it will allow you to develop entrepreneurial thinking as well as equip you with the most important skills and tools to put your innovative ideas into practice - in a company as well as when starting your own business.

Your Master Master Innovation and Entrepreneurship at MBS

• Business Project: Together with your fellow students, you will carry out a project on behalf of a real company and apply your acquired knowledge in practice.
• Internationality: International Focus, semester abroad, dual degree, international atmosphere - studying at Munich Business School is an international experience because internationality is not only taught here but lived.
• Student Life: Thanks to the small campus in the heart of Munich and numerous student initiatives, students quickly come into contact with each other. With a wide range of leisure, cultural, and sports activities, as well as good connections to the (European) surrounding area, Munich offers everything a student could wish for.
• Your own start-up: Your dream is to become a founder? In the 3rd semester, you have the option of working on your own start-up. During the project, you will receive comprehensive support and coaching from lecturers.
• Personal Support: Students at MBS learn in small and interactive courses. They are in direct and continuous exchange with the lecturers and receive individual support through a mentoring program.
• Location Munich: Munich is a business location and the entire region offers students and graduates the best career opportunities. German global companies such as BMW, Allianz, and Siemens have their headquarters in Munich, global players such as Microsoft, Intel, and Sun Microsystems, and also numerous start-ups appreciate the advantages of this location.

Contents

Program-specific Modules

The Program-specific Modules of the Master Innovation and Entrepreneurship prepare you optimally for your successful career in your own start-up or start-up ecosystem, in a family business, in consulting, or in the innovation department of a company: In small groups, you will learn to develop your own business ideas, draw up business plans and to set up, manage and scale a start-up. In addition, you will acquire comprehensive knowledge of how to successfully identify, manage and implement innovations that enable you to operate successfully in an international context. By closely integrating current research and practical project work with innovative companies, we encourage your entrepreneurial thinking and acting so that you can contribute creatively and sustainably to finding solutions for today's problems!

Business Project

An integral part of the Master's program in Innovation and Entrepreneurship is the Business Project. On behalf of a real company, you will work together with your fellow students on a concrete, practice-relevant issue and will be able to apply and prove your skills in practice.

Core Modules

The Core Modules of the master’s program convey knowledge and skills on general topic areas of business. Courses on international management, business communication, responsible management, and your international focus – which you are free to choose – will give you an understanding of economic interrelations in a globalized and multicultural world. The courses will encourage you to engage and critically analyze a range of topics, helping you to get to grips with practical methodologies and models. The Core Modules are interdisciplinary so that you can exchange ideas with students from other Master's programs and work together on joint projects.

Electives

You round off your profile by completing the Electives, your personal elective courses. Here you have the opportunity to enrich your Master Innovation and Entrepreneurship with an individual component, for example by taking courses on Social Entrepreneurship, Technology Trends, or "Success Factor Happiness" or by working on a research project.

Course Of Studies Master Innovation and Entrepreneurship

Semester 1

• Innovation & Entrepreneurship Modules
  • Innovation & Entrepreneurship: Strategy and Business Design (6 ECTS)
  • Ideation and Prototyping (6 ECTS)
  • Innovation and Entrepreneurship Business Project (3 ECTS)
• International Business & Management Modules
  • International Business and Management (6 ECTS)
  • International Focus (3 ECTS)
  • Languages (Optional) (3 ECTS)
• Executive Skills
  • Communication in International Business (6 ECTS)
  • MBS Engagement

Semester 2

• Innovation & Entrepreneurship Modules
  • Innovation and Business Creation and Management (6 ECTS)
  • Scaling Startups and Innovation Projects (6 ECTS)
  • Electives (6 ECTS)
  • Innovation and Entrepreneurship Business Project (3 ECTS)
• International Business & Management Modules
  • International Focus (3 ECTS)
  • Languages (Optional) (3 ECTS)
• Executive Skills Modules
  • Responsible Leadership in a Global Context (5 ECTS)
  • MBS Engagement (1 ECTS)

Semester 3

Selection (min. 15 ECTS)

For your third semester in the Master Innovation and Entrepreneurship you have three different options. You set the focus yourself.

• Semester abroad
• Start-up project
• Internship

Master Thesis (15 ECTS)

Last but not least: writing your Master's Thesis.

Business Project

It's not just a theory. During the Business Project in the Master Innovation and Entrepreneurship program, you will work on a concrete, practice-relevant project over a period of two semesters on behalf of and together with a start-up, a company from the start-up ecosystem (e.g. Investor, Accelerator), or the innovation department of an established company (e.g. group, family business) in a team. This will give you a better understanding of the internal processes and structures of the start-up/company and at the same time give you the opportunity to apply and prove your acquired skills in practice. Concrete projects are, for example, the development of an international market entry strategy for a mobility start-up or the analysis of the effects of disruptive innovations for a private equity company.

Dual Degree

With the dual degree option, you acquire an additional, specialized Master's degree from one of our partner universities. Munich Business School's cooperation with renowned international universities gives you the opportunity to acquire two different master's degrees within two years. For a dual degree, you will normally spend two semesters at MBS and then two semesters at the partner university, followed by the Master's thesis.

Mentoring Program

You have the opportunity to apply for our exclusive mentoring program. Within the framework of this program, a professionally experienced person from the circle of MBS alumni will support you with words and deeds during the hot phase of your studies, help you to achieve your career goals, and provide you with valuable contacts through their network.

At the beginning of your studies, you will receive more information about our mentoring program and can apply for one of the limited places until the end of September. In October, the mentoring committee makes its decision and in November, the selected mentees meet their mentors. The mentoring meetings will take place between November 2021 and August 2022.

What will I do after my studies? Which doors are open to me? In which professions do graduates of the Master Innovation and Entrepreneurship actually work? For an overview of the diverse career opportunities offered by the Master Innovation and Entrepreneurship, we present possible job profiles here.

Founder of their own start-up

You start your own start-up, either alone or in a team, and build it up from the initial business idea to a marketable product. In addition to product development, you will also be responsible for recruiting and managing employees, building networks and partnerships, securing financing, and guaranteeing long-term growth.

Employee in an (international) company

Even in already established companies, students of the Master Innovation and Entrepreneurship are in demand. In the fields of Corporate Innovation, Corporate Entrepreneurship, Strategy, or Business Development, you will act as an innovation driver, identify and develop new products and business ideas, establish an innovation culture or initiate cooperation with innovative start-ups. In this way, you will ensure the future viability of the Group.

Employee in a start-up or start-up ecosystem

You don't want to start your own start-up, but still want to be active in the start-up scene? Join an existing start-up and make an important contribution to establishing it in the market, growing more strongly, and expanding internationally. Or work in an incubator/accelerator and support start-ups in implementing their ideas, scaling up, acquiring the necessary resources, and establishing contacts with investors, customers, and partners. Or, as an investor, evaluate up-and-coming start-ups and help to secure their financing (private equity, venture capital).

Entry/Takeover of Family Business

You have grown up with the family business of your parents or other relatives and are now planning to join the company. For a sustainable and successful takeover, it is important to know the operative business and the areas of the company and at the same time to have an eye on the challenges of the future. With the necessary overview and foresight, you will recognize innovations, drive change projects forward and introduce them into existing structures. In this way, you will ensure the future viability of the Group in the next generation and ensure that your family business can continue to provide innovative impetus.

Consultant

As a consultant in strategy and innovation consulting, you will advise companies and start-ups on various questions and problems. You know what needs to be considered when founding and developing a start-up, understand how companies need to change, are familiar with current technological trends, and drive innovative processes, changes and decisions. For the job as a consultant, an entrepreneurial spirit is particularly required: you are innovative, curious, creative and always looking for new approaches and solutions.