Executive Innovation and Business Creation

The Executive Innovation and Business Creation program at the Technical University of Munich is a comprehensive and dynamic postgraduate initiative designed to equip professionals with the necessary skills, knowledge, and mindset to lead innovative ventures and drive entrepreneurial success. This programme is tailored for experienced managers, entrepreneurs, and industry experts who seek to deepen their understanding of innovation processes and develop effective strategies for establishing new business ventures in today’s rapidly changing global economy. Throughout the course, participants will explore various aspects of entrepreneurship, including opportunity recognition, business model development, financing, and strategic planning, complemented by cutting-edge insights into digital transformation and emerging technological trends. The curriculum combines rigorous academic coursework with practical hands-on experience, fostering a conducive environment for creativity, critical thinking, and collaborative problem-solving. Participants will have opportunities to engage with leading experts, industry practitioners, and successful entrepreneurs, gaining valuable industry insights and expanding their professional networks. The programme emphasizes interdisciplinary learning, encouraging innovation in diverse sectors and promoting a culture of intrapreneurship and societal impact. With advanced modules on innovation management, venture creation, and leadership skills, graduates will be well-prepared to initiate and scale entrepreneurial projects, whether within established companies or as independent founders. The flexible format of the programme, often including part-time and executive learning options, allows busy professionals to balance their careers with their educational pursuits. Graduates of the Executive Innovation and Business Creation programme will be equipped not only with theoretical knowledge but also with practical tools to foster innovation, create sustainable business models, and effectively manage change in complex environments. By participating in this programme, students join a vibrant community of innovation leaders, gaining access to the university’s extensive resources and support systems, including incubators, mentorship, and funding opportunities. Ultimately, this programme aims to cultivate a new generation of entrepreneurial thinkers who can drive impactful innovations that address societal challenges and generate economic value, ensuring they are prepared to lead transformative initiatives in their organizations and beyond.

• Corporate Strategy & Development
• Finance & Accounting
• Innovation & Entrepreneurship
• International Management & Intercultural Communication
• Knowledge & Information Management
• Law & Normative Standards
• Leadership Excellence Management
• Marketing & Corporate Communications
• Organizational Change & Communication
• Supply Chain & Project Management

Admission Requirements:

• Graduate degree (BA or higher)
• Evidence of at least four to five years of work experience
• Completed application form including all required documents
• Successful admission interview
• Application form
• Curriculum vitae
• 2 letters of recommendation 
• University degree certificates and diplomas
• Transcript of records (officially authenticated copy),
• Essay
• Motivation letter
• Proof of English and German language proficiency
• Valid passport or personal identity card (copy)
   

The Financing studies for the Executive Innovation and Business Creation master's program at the Technical University of Munich primarily focus on equipping students with comprehensive knowledge of financial strategies, funding mechanisms, investment analysis, and financial management within entrepreneurial and innovative contexts. The curriculum emphasizes understanding the sources of startup funding, including venture capital, angel investments, government grants, and crowdfunding platforms. Students learn how to develop financial plans, perform cost-benefit analyses, and assess financial risks associated with new ventures. The program also covers topics related to financial forecasting, budgeting, and financial reporting tailored to innovative companies and startups. Practical training includes case studies and project work with real startups, enabling students to understand the intricacies of financing innovative business models. The program recognizes the importance of securing early-stage funding and managing investor relations to ensure sustainable growth. Additionally, students gain insights into legal and regulatory aspects of financing, including intellectual property rights and compliance requirements. The program encourages collaboration with industry partners, creating opportunities for internships and project-based learning in finance-related roles within entrepreneurial environments. Although specific scholarship or financial aid options are not detailed on the official site, the university typically offers various funding opportunities for international and domestic students, including scholarships, grants, and financial aid programs. Students are advised to consult the university's financial aid office for personalized assistance. Overall, the Financing component of the master's program aims to prepare graduates with the necessary skills to secure, manage, and optimize financial resources, enabling them to successfully launch and grow innovative enterprises in competitive markets.

The Executive Innovation and Business Creation program at the Technical University of Munich is designed to equip experienced managers, entrepreneurs, and professionals with advanced skills in innovation management, entrepreneurship, and business development. This program aims to foster entrepreneurial thinking and provide participants with the tools necessary to launch and grow innovative ventures within various industries. The curriculum typically covers topics such as business model development, startup funding, innovation strategies, digital transformation, and leadership in dynamic environments. The program often emphasizes practical learning through case studies, projects, and interactions with industry experts and startup founders.

Participants benefit from a combination of theoretical knowledge and real-world application, preparing them to identify market opportunities, develop viable business ideas, and implement innovative solutions effectively. The program is usually delivered in a flexible format, including executive seminars, workshops, and hybrid learning options to accommodate working professionals. It may also include mentorship components and networking opportunities to connect participants with the vibrant Munich startup ecosystem and the wider innovation community.

This program aligns with TUM's broader mission to promote research-based education and to stimulate technological and entrepreneurial advancement. Graduates of the Executive Innovation and Business Creation program are often positioned to lead innovation initiatives within established companies or to launch their own startups, contributing to economic growth and technological progress. The program’s structure ensures that participants are well-prepared to navigate the complexities of modern markets and to develop sustainable, impactful business ventures.