Executive MBA in Innovation & Business Creation
Embark on a transformative journey with the Executive MBA in Innovation & Business Creation, a collaboration between the Technical University of Munich (TUM) and UnternehmerTUM. Gain a comprehensive understanding of entrepreneurial processes and refine your leadership skills in close ecchange with a diverse cohort of professionals, renowned faculty, and engaged alumni community members. Benefit from a sound foundation in state-of-the-art management skills, blending theory with practical insights, interactive case studies, and hands-on learning experiences guided by experienced entrepreneurs and professors. Receive personalized startup consulting and access facilities like the high-tech MakerSpace for prototyping. Integrated into a world-class innovation ecosystem, the program allows you to access TUM's resources and UnternehmerTUM's extensive network for lifelong support. Become a transformative leader and shape the world we want to live in.
Target Groups: Corporate Innovators, PhD Students, Founders
Area of Focus: Business Design, Leadership & Enablement
Start : Regular Track, October & Fast Track, April
Price: 39.000€ (Plus student union fee)
Duration: Regular Track, 4 Semesters & Fast Track, 3 Semesters
ECTS : 90 ECTS
Language: English
Learning Goals: Business Design, Entrepreneurship, Leadership, Strategy, Finance & Accounting, Marketing & Operations, Innovation Management
Application Requirements : Master’s entry qualification (Bachelor, Diploma, Magister, “Staatsexamen”, at least 3 years of professional experience, initial leadership experience is an advantage, proficiency in English (skills will be assessed during the admission process)
About the program
The Executive MBA in Innovation & Business Creation, a joint program by Technical University of Munich (TUM) and UnternehmerTUM, combines the best of both worlds: excellence in (entrepreneurial) education and research, as well as hands-on experience in new venture creation and corporate innovation. Participants embark on a transformative journey, delving deep into the core principles of entrepreneurship and leadership. This comprehensive program offers a multifaceted approach to learning, integrating theoretical frameworks with practical insights through interactive case studies, simulation games and hands-on experiences. Led by experienced entrepreneurs, corporate innovators, and high-profile professors, students gain invaluable guidance and mentorship throughout their learning journey.
One of the program's key strengths lies in its emphasis on personalized start-up and innovation support, enabling participants to apply newfound knowledge directly to their ventures and within the organizations they work for. The state-of-the-art MakerSpace facilitates prototyping, fostering innovation and experimentation. Moreover, the program provides access to a world-class innovation ecosystem, leveraging TUM's resources and UnternehmerTUM's extensive network of start-ups, innovation players, and corporate partners.
In today’s world, leaders need to build resilient and agile organizations which continuously recognize, evaluate and execute on promising opportunities. This immersive experience not only equips participants with concrete tools and strategies to navigate such complexities, but also with the mental agility that is needed to embrace uncertainty while staying true to oneself and grounded in one’s values.
The blend of hands-on project modules with self-reflection and peer feedback, carefully designed to immerse participants in real-world scenarios, encourages them to develop the skills, knowledge, and mindset necessary to create positive social and environmental impact through their personal actions and business endeavors. Participants leave the safe space of the university classroom committed to leverage their agency and act as leaders of transformation through responsible innovation and entrepreneurship.
The program nurtures a community and culture of continuous learning and growth also beyond the classroom, facilitated by an active alumni club dedicated to providing ongoing support and opportunities for collaboration. Graduates emerge as entrepreneurial and intrapreneurial leaders, equipped to drive innovation, create value, and make a sustainable impact in today's rapidly evolving business landscape. Whether launching their own ventures or catalyzing change within existing organizations, participants of the Executive MBA in Innovation & Business Creation are primed to excel as visionary leaders and changemakers.
The program offers two tracks to align with different career paths and schedules.
The Regular Track: Starting in October, offers a comprehensive learning experience over three module semesters plus a master’s thesis — ideal for professionals seeking to deepen their expertise while continuing their careers.
The Fast Track: Starting in April, offers an accelerated format with two module semesters plus a master’s thesis — designed for founders, career changers, and professionals eager to fast-track their learning journey.
FAQs
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Is the program accredited?
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When do classes take place?
Classes take place about every four weeks in course blocks of 2 to 6 days, including weekends.
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What is the workload like?
From our experience the workload can be challenging, but it is doable for a full-time employee. Since course days are devoted to subject-specific input and insights from researchers and practitioners, we ask you to reserve free time for the reading of articles and case studies as well as for the preparation of presentations.
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What is the payment process of the tuition fee?
The tuition is paid in four installments, which results in € 9,750 per semester plus the student union fees.
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Do you offer scholarships or financial support?
We currently do not offer scholarships or financial support for our students. We advise our candidates to search online for scholarships or to win their employers’ support for the program.
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Do I need to be a German citizen to take part in the program?
No. We have many international students and appreciate the interculturality they bring to the program.
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Do I need to speak German in order to take part in the program?
No. The program and the application process are completely held in English. German language proficiency is therefore not a requirement. As soon as you are admitted to the MBA program and enrolled at TUM, you have full access to TUM resources including the Language Center of TUM where you can register for free German courses.
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Do I need to take the GMAT?
No. We do not require a GMAT. We favor an individual evaluation of your suitability for the program based on your qualification, professional experience as well as your entrepreneurial drive and interest in innovation and business creation.
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Do internships account for the required work experience?
No. Internships do not account for the required work experience. The three years of work experience primarily address the practical experience after your first university degree ensuring an exchange of thoughts and knowledge with classmates and lecturers on eye level.
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What topics are covered in the curriculum?
The curriculum covers a wide range of topics essential for transformative leaders, including strategic and systems thinking, entrepreneurship theory and practice, innovation strategy and tech trends, value-based leadership, finance, marketing and sustainable venture creation.
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Who are the instructors and mentors?
Instructors and mentors include experienced entrepreneurs, corporate innovators, renowned professors from TUM, and industry experts who provide invaluable guidance and mentorship throughout the program.
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What learning methods are employed in the program?
The program utilizes a variety of interactive learning methods, including case studies, action-based learning, hands-on projects, and direct application of concepts through coaching and start-up consulting.
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Is the program suitable for working professionals?
Yes, the program is designed to accommodate the schedules of working professionals, with classes typically held on weekends or in intensive modules to minimize disruption to work commitments.
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What networking opportunities are available?
Participants have access to a vibrant innovation ecosystem, including TUM's resources, UnternehmerTUM's network of start-ups and corporate partners, and an active alumni club, providing ample opportunities for networking and collaboration.
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What support is available for participants launching their ventures?
Participants receive personalized startup consulting, guidance in business model development, access to funding opportunities, and support in accessing resources within the innovation ecosystem to facilitate venture creation.
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What are the career prospects for graduates of the program?
Graduates emerge as entrepreneurial and intrapreneurial leaders equipped to drive innovation and create value in various industries. Career prospects include launching their ventures, leadership roles in start-ups, driving strategic change within existing organizations, and consulting at the interface of management and technology.
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How can I become a member in the Alumni Club?
The Alumni Club of the EMBA in Innovation & Business Creation is a dynamic community designed to keep you connected and growing beyond graduation – make new connections to founders and startup enthusiasts, stay connected with your classmates, participate in networking and social events, and contribute to the entrepreneurial ecosystem.
To register, please fill out the membership form, sign it and send it back to emba.ibc.alumni@gmail.com
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