Would you like to form a company and acquire the fundamental basics needed for a successful start-up? If so, then the MBS program Master Innovation and Entrepreneurship is your first step towards a successful business. 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 as you form your start-up.
The holistic, interdisciplinary approach of the Master Innovation and Entrepreneurship study program for prospective entrepreneurs helps you to gain a comprehensive overview of current developments. You will also have the chance to see the process of forming a company from the different angles required.
Business Projects
Your Master Innovation and Entrepreneurship will not be confined to theory: During your studies, you will apply your newly gained knowledge to practically oriented business projects. On behalf of a company and as part of a small team, you will work on your Innovation and Entrepreneurship Project for two months. Like this, your entrepreneurial skills are already challenged and promoted during your studies.
As a team, draft an idea of a start-up and implement it. Define an innovative project and carry it out. At the end you will give your results to the company that assigned the project to you. Such practice projects make the difference in your Entrepreneurship studies and strengthen your managerial skills.
Internationality
Studying at Munich Business School is an international experience, because internationality is not only taught but also lived. This is why studying abroad is an integral part of our programs. MBS maintains partnership relationships with over 60 universities worldwide and is continuously expanding its international network. The cooperations range from classic programs such as ERASMUS+ and exchange programs to over 20 dual-degree agreements with partners in Europe, Asia, Australia, and the USA.
Core Modules
The Core Modules of the Master Innovation and Entrepreneurship focus on general business administration which is necessary for forming a company. You will be able to understand economic relationships in a multicultural globalised world. This will enable you to consider and correctly interpret different relevant social and cultural aspects in your future entrepreneurial decisions.
This study programme promotes critical examination of current topics and discussions. You will also acquire practical methods and models that will be helpful when founding your start-up. The Core Modules of the Master Innovation and Entrepreneurship are structured in an interdisciplinary way to foster entrepreneurial behavior and broaden your perspective.
Thus, you will exchange experience with MBS students of other Master programs as you work side by side on different projects. You will expand your range of experience and your toolbox by different approaches and perspectives in the areas of sport business or international marketing.
Focus Modules
While gaining broad economic knowledge in the Core Modules, in the Focus Modules you will massively expand your basics for founding a start-up. Here, you will acquire the necessary know-how to successfully start your business. Among the main topics in this area of your Master Innovation and Entrepreneurship are recent innovation strategies, processes and methods of ideation and prototyping. In addition, you will obtain extensive skills and knowledge for forming and scaling your business in order to perfectly prepare you for a successful career as entrepreneur or innovations manager in a (international) company.
Academic qualification equivalents
English language requirements (one of the below):
University Type | Private |
Campus Setting | Urban |
Establishment Year | 1991 |
Mode of Program available | Full time; Part-time |
Cost of Attendance | 32,000 Euro |
Scholarships | 5 to 25 % reduction on tuition fee |
The student to Faculty Ratio | 4:1 |
Percentage of International Students | 33% |
Acceptance Rate | 60% |
Official Website | www.munich-business-school.de |
Tuition fee
Programs | Tuition fee (Euro) |
---|---|
MBA | 32,000 |
Doctoral | 36,000 |
Bachelors | 36,400 |
Masters | 24,000 |
Off-Campus Accommodation Cost
Room in a shared apartment | 600 Euro to 800 Euro |
Studio (one room with kitchen and own bath) | 900 Euro to 1,000 Euro |
Apartments | 1,000 Euro to 1,300 Euro (1 bedroom), 1,400 Euro to 1,800 Euro (2 bedrooms) |
* Above listed are exclusive of utilities (electricity, heating, Internet, GEZ, etc.)
Cost of Living
Category | Expense in Euro |
---|---|
Food | 320 Euro |
Public Transport | 40 Euro |
Health insurance | 80 Euro |
Other Miscellaneous | 250 Euro |
Tuition Fees in Germany (1st Year Average) | MS: EUR 1550 | MBA: EUR 9550 | BBA: EUR 7500 | BE/Btech: EUR 2710 | BSc: EUR 1270 | MIM: EUR 12005 | MEng: EUR 5300 | MFin: EUR 9550 | MA: EUR 3900| MIS: EUR 2065 |
Average Accomodation & Food Costs in Germany | Euro 850 a Month |
Entrance Exams in Germany | TOEFL: 85 | IELTS: 6 | PTE: 59 You can also Study in Germany Without IELTS |
Work and Study in Germany | Permitted for 20 hours/week with a valid study permit. |
Post Study Work Permit in Germany | 18 Months after graduation depending on the course. |
Cost of Student Visa in Germany | Euro 75 |
Student Visa in Germany | Given the fact that a large number of students from across the globe apply to study in various German colleges and universities, the country offers a number of visa options to people with various academic and non-academic purposes. |
Intakes in Germany | There are Two Intakes in Germany: Summer (April/March) and Winter (September/October). |
Top Job Sectors in Germany | Chemicals, Electronics, IT, Coal, Vehicles, Shipbuilding, Food and Beverages, Engineering, Machinery, Machine Tools, Textiles |
Economy in Germany | GDP Growth of 0.5% (2019e) 1.2% (2020e); 4th Largest Economy in the World, Largest in Europe |
Tuition & fees :
€ 24,000
Total
€ 24,000