Master in Management & Innovation – Heilbronn & München
| Language: | Englisch |
| Location: | München |
| Duration: | 4 semester full-time program |
| Start: | Wintersemester |
Educating the Innovation Managers of the future is the goal of the four-semester Master in Management & Innovation. The program is aimed at young professionals who have gained their initial professional experience and would like to bridge the gap between management and technology. As a graduate of this unique English-language program, you will develop the ability to foster innovation within organizations.
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Study the Master in Management & Innovation
Educating the Innovation Managers of the future is the goal of the four-semester Master in Management & Innovation. The program is aimed at young professionals who have gained their initial professional experience and would like to bridge the gap between management and technology. As a graduate of this unique English-language program, you will develop the ability to foster innovation within organizations.
Overview
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Become a first class innovation manager of the future
Combine Gerneral Management with Innovation, Entrepreneurship and Technology.
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Study in small groups
with individual feedback to dive deep into technology and innovation management.
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Discover the latest technological trends
and their impact on modern management and learn about innovation and entrepreneurship
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Gain international experience
and be part of a diverse group of young professionals.
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Apply your knowledge
in real projects in different companies and organizations
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Benefit from a number of additional offers
to enrich your profile and increase your attractiveness for your future employer
Choose between four different tracks
Whether in the TUM track in Heilbronn and Munich or as a double degree with our renowned partners in Paris, Calgary or Brisbane, the Master in Management & Innovation offers the perfect program for you as a young professional
Master Degree
TUM Track
Locations: Heilbronn & München
What to expect
- Kick off with courses in general management at TUM Campus Heilbronn.
- Take additional classes, such as language courses or personal & career development.
- Apply your knowledge to a real-life project in a family-run business in the Heilbronn-Franken region.
- Gain international experience during an exclusive study trip module to Finland (destination is subject to change).
- Complete an internship.
Details
Semester 1:
- General Management at TUM Campus Heilbronn
Semester 2:
- Project Work in a German company
- International Study Trip
- Internship
Semester 3:
- Innovation, Entrepreneurship & Technology
- Personal & Leadership Development
- Project Work in Munich
Semester 4:
- Master’s Thesis
Why Heilbronn?
- Located in the center of Heilbronn-Franken
- Known as the “region of world market leaders”
- Large number of innovative, family-led small and medium-sized enterprises
- Connecting two of Germany/Europe’s most important economic regions: Munich and Heilbronn
- Focusing on the management of digital change, the TUM campus Heilbronn closes a major gap by building connections with family-run businesses
- Close cooperation with local, family-run businesses that are hidden champions in the high-tech sector and important players in the economy.
Master Double Degree
HEC Paris
Locations: Paris & München
What to expect
- Gain a double degree from two of Europe’s most renowned universities: TUM and HEC Paris.
- The Master in Management program at HEC Paris was ranked second in the world by the Financial Times in 2017.
- Spend your first two semesters at HEC Paris taking courses in general management such as Financial Accounting, Marketing or Operations & Supply Chain Management.
- The courses are complemented by language classes, networking events and other extracurricular activities.
Details
Semester 1 & 2
- General Management at HEC Paris in Jouy-en-Josas, France
Semester 3
- Innovation, Entrepreneurship & Technology
- Personal & Leadership Development
- Project Work in Munich
Semester 4
- Master’s Thesis
Why Paris?
- HEC is one of the world’s leading business schools
- Master in Management programwas ranked second in the world by the Financial Times in 2017
- Cutting-edge research in all fields of management science that is tested in real-world contexts and is constantly updated and fully aligned with the expectations of the business world
- Extremely close relations with the corporate world, providing its students with thousands of opportunities (e.g. five international job fairs, numerous professional workshops, mentoring with alumni, conferences with prestigious guest speakers and CEOs, and business games and academic awards sponsored by leading international companies)
- One of the most powerful Alumni Associations in Europe with more than 52,300 members in 132 countries
Master Double Degree
University of Calgary
Locations: Calgary & München
What to expect
- Create your transcontinental profile by earning degrees from the University of Calgary’s Haskayne School of Business and TUM within 2 years.
- Haskayne is ranked among the top 10 business programs in Canada by Maclean’s.
- Spend your first year in Calgary developing comprehensive knowledge of business essentials & making connections in the Canadian business community.
- Grow your skills through networking events, live case studies, and mentorship.
Details
Semester 1 & 2
- General Management at Haskayne School of Business in Calgary, Canada
Semester 3
- Innovation, Entrepreneurship & Technology
- Personal & Leadership Development
- Project Work in Munich
Semester 4
- Master´s Thesis
Why Calgary?
- Haskayne is among the top Canadian business programs
- Career development is embedded into the program, including workshops and a dedicated career coach to help define your career goals, establish your personal brand and facilitate experiential learning opportunities with real companies
- Calgary has a low cost of living and is consistently ranked as one of the most liveable cities in the world. Living in Calgary allows you to enjoy city life and the outdoors with a thriving arts and culture scene all just an hour’s drive from the Rocky Mountains. Calgary has the highest head office concentration in Canada and is a growing epicenter for the tech industry.
Master Double Degree
University of Brisbane
Locations: Brisbane & München
What to expect
- Study at The University of Queensland – Australia’s leading university, ranking #1 in innovation and entrepreneurship domestically, and one of the world’s top 50 universities.
- Gain the skills to lead innovation, harness the power of technology and apply the latest thinking to improve business productivity and global competitiveness, and create change.
- Spend your first two semesters in Brisbane undertaking courses in accounting, management, strategy and innovation courses.
- The Master of Entrepreneurship and Innovation will teach you about understanding the role of entrepreneurship and innovation in modern business and the benefits they create, including better communities.
Details
Semester 1 & 2
- Entrepreneurship and Innovation at The University of Queensland, Brisbane, Australia
Semester 3
- Innovation, Entrepreneurship & Technology
- Personal & Leadership Development
- Project Work in Munich
Semester 4
- Master’s Thesis
Why Brisbane?
- UQ Business School leads the agenda in business learning, innovation and impactful research. Our mission is to educate, inspire, engage and enable courageous, sustainable and socially responsible business practices, enriching our communities.
- Ranked #1 in Queensland for business and management (QS World University Rankings 2023)
- The University of Queensland (UQ) is one of Australia’s leading research and teaching institutions. We strive for excellence through the creation, preservation, transfer and application of knowledge. For more than a century, we have educated and worked with outstanding people to deliver knowledge leadership for a better world.
- UQ is passionate about enriching its entrepreneurial ecosystem and creating leaders of the future. As a double degree student, access a wide range of entrepreneruship programs which are available to completment your studies and to help you build a network, take on new challenges and bring your ideas to life.
- Upon graduation, you’ll have a globally recognised qualification that’s highly regarded by employers and gives you the skills to encourage innovation and entrepreneurship within any organisation, from a corporation, startup or research organisation to the public sector.
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What our alumni say
All tracks in details
- Master Degree TUM
- Double Degree HEC Paris
- Double Degree University of Calgary
- Double Degree University of Queensland
| Semester 1 | Semester 2 | Semester 3 | Semester 4 |
|---|---|---|---|
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|
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| Program start | Application deadline | Credits | Length of program |
|---|---|---|---|
| 1x per year in winter semester | August 15 each year | 120 ECTS | 4 semesters, full-time |
| Language | Admission requirements | Location | Final qualification |
|---|---|---|---|
| 100% English
Fees |
|
Semester 1 & 2: Heilbronn + Finnland* Semester 3: München Semester 4: Heilbronn or München*Destination is subject to change |
Master of Science (M.Sc.) by TUM |
| Semester 1 | Semester 2 | Semester 3 | Semester 4 |
|---|---|---|---|
|
|
|
|
| Program Start | Application Deadline | Credits | Length of program |
|---|---|---|---|
| 1x / year in September | April 17, 2024 (Please see application rounds) |
30 ECTS credits per semester | 4 semesters (2 years), full-time |
| Language | Admission Requirements | Study Locations | Final Qualification |
|---|---|---|---|
| 100 % English
Fees |
Additionally:
|
Semester 1 & 2: Paris Semester 3 & 4: Munich |
Master of Science (M.Sc.) by TUM Master in Management Grande École Degree by HEC Paris |
| Semester 1 | Semester 2 | Semester 3 | Semester 4 |
|---|---|---|---|
|
|
|
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| Program Start | Application Deadline | Credits | Length of program |
|---|---|---|---|
| 1x / year in September | February 1, 2024 (For application start, profile & CV. Some documents may be submitted later) |
33 units in Calgary + 60 ECTS at TUM | 4 semesters (2 years), full-time |
| Language | Admission Requirements | Study Locations | Final Qualification |
|---|---|---|---|
| 100 % English
Fees *Subject to change. |
Additionally:
|
Semester 1 & 2: Calgary (Canada) Semester 3 & 4: Munich |
Master of Science (M.Sc.) by TUM Master of Management by Haskayne School of Business, University of Calgary |
| Semester 1 | Semester 2 | Semester 3 | Semester 4 |
|---|---|---|---|
|
|
|
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| Program Start | Application Deadline | Credits | Length of program |
|---|---|---|---|
| 1x / year in July | We recommend applying early. UQ can consider applications up to 2 years in advance. You must leave enough time for UQ to process your application and issue an offer, and for you to organise your student visa. | 16 units in Brisbane (equivalent to one year of study) + 60 ECTS at TUM | 4 semesters (2 years), full-time |
| Language | Admission Requirements | Study Locations | Final Qualification |
|---|---|---|---|
| 100 % English
Fees *Subject to change. |
|
Semester 1 & 2: Brisbane (Australia) Semester 3 & 4: Munich |
Master of Science (M.Sc.) by TUM Master of Entrepreneurship and Innovation (MEI) by UQ |
Learning Content
You will learn how to
- combine knowledge from different disciplines – business administration, innovation, entrepreneurship – and apply it in key business activities.
- recognize the potential of innovations and technological trends within organizations and implement them in new business processes.
- act with an entrepreneurial mindset to define strategies and achieve financial targets. – analyze strategic decisions and apply the tools of modern strategic management for successful decision-making.
- present and communicate professionally.
Find here the learning goals at a glance (PDF).
Study Objectives
Upon completion of this program you will
- be experts in linking engineering, natural science or social science and management.
- have general business knowledge.
- be problem-solvers for complex business issues.
- be responsible leaders.
- be leaders in a global world.
The Master in Management & Innovation teaches you the skills you need to be an innovation manager. It gives you the know-how to apply those skills in business administration in various technological settings. You will discover how to build smart solutions at the interface of management and technology, and work as part of an international and interdisciplinary team.
Study Content
TUM Track
Semester 1: Heilbronn
Strategic Management & Economics
- Learn how to apply the basic concepts, tools and methods of strategic management
- Analyze different business strategies and strategic options and apply them to situations in real business life
- Predict opportunities and risks depending on a specific economic context
Operations & Supply Chain Management
- Understand the basics of operations and supply chain management and to apply them to different contexts and organizational structures
- Outline strategic and organizational risks in value-chains as well as different situations of operations management
- Work on topics like Performance Analysis and Benchmarking, Forecasting, Workforce Planning and Scheduling
- Dive deep into Logistics & Inventory Management
Financial Accounting
- Learn more about the construction of individual and consolidated financial statements according to International Financial Reporting Standards (IFRS)
- Evaluate the future changes technological innovations will bring to accounting
- Describe which enterprises have to prepare consolidated financial statements and which subsidiaries have to be included
Financial Management
- Understand the principles of financial markets and of evaluating different forms of investment
- Compare different forms of investments and analyze investment projects to determine the optimal capital structure for projects and businesses
- Analyze cost of capital, corporate valuation, capital budgeting and capital structure
- Apply basic methods of risk management and value-based management
International Management & Intercultural Collaboration I
- Identify and analyze challenges and problems in multinational enterprises
- Communicate business and scientific topics in intercultural and international environments
- Learn how to operate with diverse cultural perspectives, especially in China
Semester 2: Heilbronn and Finland (subject to change)
Project Work
- Acquire hands-on experiences by working in student groups with family-owned companies (hidden champions) on a particular assignment
- Independently define the structure of the project and employ your methods and theories to develop results of practical value for the companies
International Management & Intercultural Collaboration II
- Learn more about the social and economic dimensions of Finnish management (subject to change)
- Monitor chances and risks of international management in Finland (subject to change)
Doing Business Abroad
- Enrich and complement your profile with deep insights and practical implementations on how doing business in an international context
- Handle and develop a task for an international company in a systematic and scientific way
- Learn how to cope in an international working environment with new and complex topics and to develop solutions
Semester 3: Munich
Innovation Prototyping
- Understand the topic of prototyping in a technological context and their implications for products and markets
- Learn how innovations can be developed within an organization and how to create prototypes for innovative ideas
- Analyze customer feedback and evaluate its implications for innovation development
- Experience how to develop ideas in more focused manner, understand problems and ideas better, and advance your ideas faster when tackling new business challenges
Technological Trends
- Get to know new and upcoming technological trends from various research areas of different TUM departments
- Visit labs to get an insight impression as well as a feeling for the current state of research
- Learn how to analyze the trends as well as their implications for organizations or society as a whole as well as political dimensions
Growth Strategies & Business Models
- Understand the process of market opportunity identification and evaluation in the context of new technologies
- Practically apply this understanding by developing commercialization scenarios and strategies for early stage technologies
- Create theoretical conceptualizations from the practically experienced underlying opportunity identification and evaluation process
Project Work
- Acquire hands-on experience by working in student teams within companies on a particular assignment
- Handle and develop a real-world project in an (international) team in a systematic way
Personal & Leadership Development
- Learn the relevant theories and models of lateral leadership
- Reflect on your current behavior, define development goals and further discuss and reflect them
- Learn how to give and receive feedback in an appropriate way within a business context
Semester 4: Munich or Heilbronn
- Master´s Thesis
Double Degree Tracks
Semester 1: Paris, Calgary, or Brisbane
General Management I
- Business Performance Management
- Company Law
- Corporate Finance
- Decision and Data Modeling
- Financial Accounting
- Financial Economics
- Financial Markets
- Leading Organizations
- Marketing
- Methods of Cost Analysis
- Operations & Supply Chain Management
- Statistics
- Strategy
Semester 2: Paris, Calgary, or Brisbane
General Management II
- Business Performance Management
- Company Law
- Corporate Finance
- Decision and Data Modeling
- Financial Accounting
- Financial Economics
- Financial Markets
- Leading Organizations
- Marketing
- Methods of Cost Analysis
- Operations & Supply Chain Management
- Statistics
- Strategy
Semester 3: Munich
Innovation Prototyping
- Understand the topic of prototyping in a technological context and their implications for products and markets
- Learn how innovations can be developed within an organization and how to create prototypes for innovative ideas
- Analyze customer feedback and evaluate its implications for innovation development
- Experience how to develop ideas in more focused manner, understand problems and ideas better, and advance your ideas faster when tackling new business challenges
Technoloigal Trends
- Get to know new and upcoming technological trends from various research areas of different TUM departments
- Visit labs to get an insight impression as well as a feeling for the current state of research
- Learn how to analyze the trends as well as their implications for organizations or society as a whole as well as political dimensions
Growth Strategies & Business Models
- Understand the process of market opportunity identification and evaluation in the context of new technologies
- Practically apply this understanding by developing commercialization scenarios and strategies for early stage technologies
- Create theoretical conceptualizations from the practically experienced underlying opportunity identification and evaluation process
Project Work
- Acquire hands-on experience by working in student teams within companies on a particular assignment
- Handle and develop a real-world project in an (international) team in a systematic way
Personal & Leadership Development
- Learn the relevant theories and models of lateral leadership
- Reflect on your current behavior, define development goals and further discuss and reflect them
- Learn how to give and receive feedback in an appropriate way within a business context
Semester 4: Munich
Master’s Thesis
- Understand the basics of operations and supply chain management and to apply them to different contexts and organizational structures
- Outline strategic and organizational risks in value-chains as well as different situations of operations management
- Work on topics like Performance Analysis and Benchmarking, Forecasting, Workforce Planning and Scheduling
- Dive deep into Logistics & Inventory Management
Events & Consulting
Downloads
Flyer Master in Management & Innovation – all Tracks
Your contacts
Verena Suhm
Program Manager
Phone: +49 89 289 26752
E-Mail: youngprofessionals@lll.tum.de
Jennifer Weißenberger
Program Manager
Phone: +49 89 289 26767
E-Mail: youngprofessionals@lll.tum.de
