Overview
The MBA in Innovation & Business Creation is specifically designed for specialists and executives with a passion for entrepreneurship. This Executive MBA program uniquely combines a high-quality academic management education with personalized start-up and innovation advisory, offering an excellent chance to both acquire and refine entrepreneurial skills.
This program aims to broaden participants’ understanding of innovation management, enhance their leadership capabilities, and elevate their skills as intrapreneurs and entrepreneurs. It supports students in learning how to recognize opportunities, execute innovative strategies, and lead both projects and teams effectively. This comprehensive approach ensures a well-rounded educational experience, fostering the development of key competencies required in the dynamic field of entrepreneurship.
Course Details
University | Technical University of Munich |
Degree | Executive MBA in Innovation and Business Creation (EMBA) |
Subjects | Business Administration, Entrepreneurship and Innovation, Business Strategy, Entrepreneurship, Consulting |
Language | English only |
Application Deadlines | Winter semester: 31 Aug |
Duration | 2 Years (Part-time, starting: Winter semester) |
ECTS Credits | 90 |
Tuition Fees | € 9750 per semester (Total tuition fee: € 39,000 plus student union fee) |
Study Mode | Part-time, On campus |
Qualification Requirements | Bachelor’s degree (or equivalent), 6 semesters standard study period, 210 ECTS credits, at least 3 years of work experience |
Language Requirements | Proficiency in English (skills assessed during admission process, no test results required) |
Application Procedure | Direct application via uni-assist, local admission restriction, interview |
Application Fee | The initial application fee is €75, and for every subsequent application, the fee is €30 each. |
Admission Documents
- Complete and Current Resume/CV: Must be comprehensive, without chronological gaps, detailed on a monthly basis, and presented in English. Every month since secondary school should be accounted for.
- Letter of Motivation: Written in English.
- Proof of Professional Work Experience: At least three years of relevant work experience, verified through confirmations or references from current or former employers, stating specific start and end dates. Note that internships do not count. For self-employed applicants, a trade register excerpt is required.
- Transcript of the First University Degree: Includes all passed modules, credits, and the final grade. This is required even if you have a Master’s degree.
- Grading System: Details of the grading system, including the maximum and minimum passing grades, usually included in the transcript of records.
- Copy of Valid Passport/ID: A complete copy of both sides.
- Certified Translations: If original documents are not in English or German, certified translations of these documents are needed.
- Special Conditions for Certain Countries: Applicants from countries like China, India, or Vietnam should be aware of additional specific requirements.
- Preliminary Review Documentation (VPD): Required by uni-assist e.V. if applicable.
- For the Executive MBA in Innovation & Business Creation program, you are required to upload an essay on TUM online as part of your application process.
Career opportunities
- Entrepreneurial Ventures: Equips graduates with the skills to start their own businesses or lead start-ups, focusing on innovative product development and business model creation.
- Innovation Management: Roles in established companies managing innovation processes, driving new product development, and implementing creative business solutions.
- Venture Capital and Investment: Opportunities in venture capital firms or as investment consultants, using expertise to identify and support promising start-ups and innovative business ideas.
- Corporate Strategy and Business Development: Positions in large corporations focusing on strategic planning, business development, and fostering an entrepreneurial culture within the company.
- Consulting in Innovation and Strategy: Consulting roles that specialize in helping organizations develop innovative strategies and manage the process of business creation and transformation.
Need Assistance In Admission
A Skilled Counsellor from Lingo Can Guide You through the entire process