Innovation and Entrepreneurship, Master of Arts

Distance learning program @ IU International University of Applied Sciences 

The Innovation and Entrepreneurship master's program at IU is designed to prepare students for careers in business creation and innovative business models. The program provides students with both theoretical and practical knowledge and skills in business planning, innovation management, market research, financing, risk management, and business creation. There are also opportunities for projects in collaboration with companies and startups, as well as internships to give students a practical understanding of how to apply their knowledge in the real world.

At a Glance

University IU International University of Applied Sciences, UAS based in Erfurt
Field of Study EconomicsEntrepreneurship
Degree Master of Arts (M.A.)
Duration 4 Semesters
ECTS 120 Credit Points
Language of Instruction English
Course contents Innovation and Entrepreneurial Ecosystems, Entre- and Intrapreneurship, Strategic Management, Business Model Design, Product Development, Advanced Research Methods, Applied Marketing Research, Sales and Pricing, Agile Project Management, Lean Start Up, Design Thinking, Seminar: Current Topics of Innovation and Entrepreneurship, Digital Business Models, Internet of Things, Elective A, Elective B, Master Thesis
Electives Start Up Lab, Artificial Intelligence, Data Science and Analytics, Big Data, IT Project and Architecture Management, Corporate Finance and Investment, Digital Transformation, Consumer Behavior and Brand Management, Leadership and Change, Performance Management
Location online
Enrollment Anytime
Fees
from 329 € monthly
from 14143 € total
More Info https://www.iu-fernstudium.de
  • Master's program without compulsory attendance at Germany's largest university
  • Start of studies possible at any time, no semester operation
  • Interesting specializations, for example in Data Science and Analytics
  • Study duration flexible between 4 semesters of full-time study and 8 semesters of part-time study
  • Language of instruction is English

These are the requirements for the Master Innovation and Entrepreneurship

With your Master in Innovation and Entrepreneurship you will work, for example, as a project manager of innovation projects, in consulting for product/process innovations or as a coach of business model innovations.

You can be admitted to the part-time Innovation and Entrepreneurship master's program at IU International University if you have earned a first degree from a state-recognized or state-run university, such as a bachelor's or master's degree. The final grade of your degree should be at least "Satisfactory."

The focus of your first degree should also be in the field of economics or business administration. If your first degree does not have a major in economics or business administration, you may still be admitted via a master's entrance examination.

Prove your English skills via TOEFL, IELTS, Duolingo English test, Cambridge certificate or similar. If you wish, you can also take a free English course at IU at the B2 level.

In addition, you can have extensive prior achievements recognized to shorten the study time in distance learning and to save tuition fees. For example, achievements that you have made in previous master programs can be recognized. The university can also recognize extensive work experience in the field of innovation and entrepreneurship. It is best to submit your application for recognition together with your application.

This is the content of the online study Innovation and Entrepreneurship

This master's degree at IU comprises about 16 modules that you take and complete over the course of 4 semesters of standard study time. Each module has a scope of 5-10 credit points (ECTS) and concludes with an examination such as a term paper or a written exam. In total, you will earn 120 credit points from module to module and from semester to semester.

The typical study plan for the full-time program in Innovation and Entrepreneurship looks as follows:

  • Semester 1: Innovation and Entrepreneurial Ecosystems, Entre- and Intrapreneurship, Strategic Management, Business Model Design, Product Development, Advanced Research Methods
  • Semester 2: Applied Marketing Research, Sales and Pricing, Agile Project Management, Lean Start Up, Design Thinking, Seminar: Current Topics of Innovation and Entrepreneurship
  • Semester 3: Digital Business Models, Internet of Things, Elective A, Elective B
  • Semester 4: Master Thesis

What is special about the Master's program in Innovation and Entrepreneurship at IU is the many opportunities to delve into topics according to your own interests and career fields in the elective area.

As first specialization you can choose from these exciting modules: Start Up Lab, Artificial Intelligence, Data Science and Analytics, Big Data, IT Project and Architecture Management, Corporate Finance and Investment, Digital Transformation, Consumer Behavior and Brand Management, Leadership and Change, Performance Management.

This is how flexible the standard period of study is in the Innovation and Entrepreneurship distance learning program

At IU International University, you choose one of 3 study models in part-time distance learning:

  • In the full-time study the standard period of study is 4 semesters or 24 months. You can extend the standard period of study by up to 2 semesters or 12 months at no additional cost. The full-time study in Innovation and Entrepreneurship is particularly suitable for those who are not or only a few hours a week working.
  • In the Part-time Study I, the standard period of study is 6 semesters or 36 months. You can extend the standard period of study by up to 2 semesters or 12 months at no additional cost. The part-time study I is suitable, for example, if you work part-time in addition to your studies.
  • In the part-time study II the standard period of study is 8 semesters or 48 months. You can extend the standard period of study by up to 2 semesters or 12 months at no additional cost. The part-time study II is particularly suitable if you are strongly involved in addition to your distance learning professionally.

By the way, you can also take a leave semester during the course of study, at no additional cost.

How does online study at IU work?

Study that adapts to your life: In online studies at IU, you learn flexibly and digitally when you want to learn and where you want to learn.

In the Master's distance learning program in Innovation and Entrepreneurship at IU International University, there is no compulsory attendance - you learn continuously from home, in the library of your choice, or wherever you can learn best.

You take your modules and courses when you want. This usually gives you the flexibility to arrange your own study schedule and semester schedule.

Central to the IU distance learning program are your interactive learning scripts. You can get the scripts in printed form as well as digitally as PDFs and for your tablet. Through the smart app IU Learn, you can access scripts for your studies in Innovation and Entrepreneurship as well as scripts from all other distance learning programs at IU.

You can also access supplemental materials, such as videos, through myCampus, IU's online campus. You can exchange information with your lecturers and fellow students in live virtual formats, for example, via the interactive courses.

And exams? If you wish, you can write them as online exams. You can take an online exam around the clock as soon as you feel sufficiently prepared for the subject matter. Alternatively, you can write the exam at one of the IU's numerous exam centers throughout Germany.

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