Overview
The Executive MBA in Innovation & Business Creation combines the strengths of the Technical University of Munich with the entrepreneurial expertise of UnternehmerTUM, Center for Innovation and Business Creation at TUM. The program connects an excellent academic management education with hands-on start-up coaching in a world-class innovation ecosystem. The Executive MBA is designed for entrepreneurs, upcoming business founders, corporate innovators and executive managers interested in a general management education with a special focus on innovation management, entrepreneurship and business model development. The program offers support and advisory for the development of business ideas and start-ups, providing an excellent opportunity to acquire and develop entrepreneurial skills. During a study visit to Berkeley, San Francisco and the Bay Area, participants gain international experience and establish contacts with start-ups, high-tech companies and venture capitalists.
Which further expertise and skills will I acquire?
Graduates of the “Executive Master of Business Administration in Innovation & Business Creation” develop a strong entrepreneurial identity and acquire the necessary management skills and tools to develop and implement business models.
After having completed the Executive MBA in Innovation & Business Creation, students are particularly qualified for tasks with a strong entrepreneurial focus. Graduates are just as much prepared for founding their own company as they are for the implementation of innovation projects within an established organization. After successfully completing the program, students have acquired the following competences, skills and knowledge.
Graduates:
- Have a clear understanding of concepts, tools and methods of strategic management and are capable of analyzing, evaluating and applying different business strategies and strategic options;
- Are familiar with existing business architectures and equipped to understand and integrate different models;
- Possess the experience to develop business models and put them into practice;
- Are capable to evaluate, implement and drive innovation processes in companies and organizations;
- Have an intercultural understanding, which allows them to master situations and challenges in global markets;
- Have a broad and interdisciplinary knowledge base and are therefore capable of evaluating and overcoming challenges in fast growing markets;
- Know how to work with and lead different people in a goal-oriented and cooperative manner due to reflected experience from practical team work.
Structure
The program consists of learning modules and project modules: In the learning modules, participants develop their management skills and sharpen their entrepreneurial understanding on Strategy & Organization, Entrepreneurship, Finance & Accounting, Marketing, Sales & Operations, Leadership & Cooperation as well as Innovation Management. In the project modules, participants learn how to realize new business opportunities – from the development of the business model to market entry. Overall, the program includes 64 course days, which take place over 1.5 years on a part-time basis (mainly every 3-4weeks from Thursday to Sunday). Small interdisciplinary groups, a good faculty-participant-ratio and project-based work with intensive advisory provide an ideal learning environment.