Master of Entrepreneurship

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.
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• 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)