Master of Entrepreneurship
Program start date | Application deadline |
2024-09-01 | - |
Program Overview
The Master of Entrepreneurship at ISM prepares students to found, develop, and establish successful startups. International components include a compulsory semester abroad and the option for a double degree. The program is accredited and highly ranked, offering flexible options like a "Fast Track" and no NC.
Program Outline
Degree Overview:
The Master of Entrepreneurship program is designed to train students for business management, specifically in founding, developing, and establishing successful startups. The program focuses on developing business models through practical projects, preparing students for the startup ecosystem.
Key facts about this program:
- The program is offered at the Cologne and Berlin campus.
- It is accredited by AACSB, FIBAA, and the German Accreditation Council.
- The program includes a compulsory integrated semester abroad at one of the university's 190 partner universities.
- Students can complete an international double degree at a partner university.
- The program includes a 12-week compulsory internship, workshops, and excursions.
- The program is taught 100% in English.
- The program offers a "Fast Track" option that allows students to complete the degree in 3 semesters with 90 ECTS.
- The program is not subject to a numerus clausus (NC) and requires an internal admission test.
- The admission test consists of uploading certain documents, an interview with program director and presenting a short case study powerpoint.
- The program is highly ranked in the CHE university ranking for Master's degree programs.
Program Content M.A. Entrepreneurship
1st Semester
Startup Project 1
- From Entrepreneurial Opportunity to Business Idea (6 ECTS)
Innovation Competence
- Innovation Management (2 ECTS)
- Project Management (2 ECTS)
- New Business Models & Design Thinking (2 ECTS)
Law
- International Business Law (2 ECTS)
- Commercial & Corporate Law (2 ECTS)
- Trademark & Competition Law (2 ECTS)
Entrepreneurship 1
- Basics, Process & Forms of Entrepreneurship (2 ECTS)
- Digital Business Entrepreneurship (2 ECTS)
- Business Development with Lean Startup (2 ECTS)
Leadership Skills
- Corporate Governance & Business Ethics (2 ECTS)
- Negotiation, Communication & Executive Presentations (2 ECTS)
- Cross Cultural Leadership (2 ECTS)
Finance
- Accounting (2 ECTS)
- Controlling & Integrated Business Planning (2 ECTS)
- Startup Financing (2 ECTS)
Work placement (12 ECTS)
2nd Semester
Startup Project 2
- Developing Business Model & Business Plan (6 ECTS)
Entrepreneurship 2
- Core Elements of a Business Plan (2 ECTS)
- Corporate Entrepreneurship (2 ECTS)
- Sustainability Entrepreneurship (2 ECTS)
Growth Management
- Company Growth & Exit Strategy (2 ECTS)
- Entrepreneurial Marketing & Sales (2 ECTS)
- Startups on Global Markets (2 ECTS)
3rd Semester
Semester abroad (24 ECTS)
4th Semester
Master‘s thesis (30 ECTS)
Entry Requirements:
- Curriculum vitae (CV)
- A successfully completed bachelor's degree (transcript of records), comprising at least 180 ECTS points, for the Fast Track 210 ECTS points, or
- An equivalent course of study at a university or university of applied sciences or a foreign university of equivalent level, and
- In addition to the general admission requirements, the following examination results must have been achieved in the first degree program:
- Examination achievements of at least 30 ECTS credits in subjects of economics.
- If you have not studied for a Bachelor's degree in economics or if your quantitative ECTS points are not sufficient, you can prepare yourself for your management studies with the ISM Pre-Master (goes for 1 semester and you receive 30 ECTS points).
- Fast Track Option: Applicants can complete the Master's degree in 3 semesters with 90 ECTS by opting for the "Fast Track" option. This requires 210 ECTS from their Bachelor's degree or an alternative admission via demonstrated work experience or the ISM Pre-Master.
Language Proficiency Requirements:
Proof of English language knowledge For your masters, you can prove your proficiency in the English language as follows:
- Certificates: TOEFL (at least a score of 80, internet-based), IELTS (at least 6.0) or Cambridge (FCE) test score or
- A degree in English Studies or
- Have at least 30 ECTS in an English-language higher education program or
- Proof that you are a native speaker (will be assessed on a case-by-case basis).