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IB Entrepreneurship Master's Degree (M.A.) in Germany

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Masters in Entrepreneurship

Food is no longer ordered over the phone but through an app. Payment transactions are carried out via an online service. The rail system found itself up against competition from long-distance buses – because founders had a good idea and the courage to legally make it happen. Start-ups can be successful in many industries, and a start-up community is emerging in more and more cities. But not every company is founded on immediate success. What factors influence success? Which personal qualities do you need? This is learnable. The English-language Master’s degree in Entrepreneurship was created for people like you – for people with an entrepreneurial spirit, who are ready to take the next step.

Masters in Entrepreneurship: Founding requires sound business knowledge

Anyone who establishes a company or enters a newly founded one needs comprehensive business administration skills. The prerequisite for taking up the Entrepreneurship Master’s Studies is a first academic degree in business economics. This is because we build upon your existing expertise and impart on you in-depth contents, which you should expect from a modern, challenging Master’s Degree. From you, we expect advanced English skills.

What do you learn in an Entrepreneurship Master's programme?

First learn to be a founder

In the first semester, you will learn the foundations for founding a company: How does someone go about finding ideas and market opportunities? In addition, you will learn how a business idea becomes a concept, what to consider in a business plan and what legal and financial challenges you will face. Equally important is the work on one’s own personality.

  • ECTS 120
  • Semester 4
  • Language English
  • Type of Study Full-time
  • Degree Master of Arts
  • Campus Cologne | Potsdam
  • Internship Integrated
  • Semester Abroad Optional
  • Start of Studies Summer Cologne
  • Start of Studies Winter Cologne | Potsdam
  • Study Fees Cologne* 5.310 €
  • Study Fees Potsdam* 4.950 €
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RANKINGS & ACCREDITATIONS

Study Course Plan

Some information about the study plan for the study programme Masters in Entrepreneurship:

General business teaching units

Business Economics3 ECTS ? !
  • Demand analysis & estimating demand

  • Supply and market equilibrium

  • Production economics

  • Cost analysis

  • Estimating cost functions and production functions

  • Economies of scale

  • Prices, output and strategy in different markets

  • Game theory models of oligopoly

  • Pricing techniques and analysis

  • Government regulation

Empirical Research Methods3 ECTS ? !
  • Quantitative and qualitative methods

  • Development of a research question

  • Steps of research process

  • Methods of data collection

  • Sampling

  • Data analysis using statistical software programs (SPSS or R)

  • Writing a research report

Strategic Analysis & Management3 ECTS ? !
  • Strategy making process and strategic reasoning

  • Cultural and institutional context of strategic management

  • Network-level strategies

  • Corporate development and configuration

  • Strategic change and corporate restructuring

  • Strategy evaluation and strategic controls

Innovation Management & Digital Transformation3 ECTS ? !
  • Dynamics of innovation & their implications for change management

  • Individual creativity and invention

  • Corporate creativity & intrapreneuring

  • Technology management

  • Innovation and technology strategies

  • Managing innovations

  • Diffusion of innovations

  • Cultural differences in innovation capability

  • Contemporary trends in innovation management

Corporate Social Responsibility3 ECTS ? !
  • Cornerstones of sustainable management

  • CSR as management approach

  • Practical approaches of organizational effectiveness

  • Tools for CSR implementation

  • CSR and financial performance

  • Life cycle assessment

Corporate Governance3 ECTS ? !
  • Historical developments around the world

  • Directors and board structures in different parts of the world

  • Family business governance

  • Role of institutional investors

  • Corporate governance in mergers and acquisitions

  • Socially responsible investments

  • Corporate governance in different regions

Programme specific teaching units

The Entrepreneur In The Age Of Digitalization3 ECTS ? !
  • Entrepreneurs in contrast to owner-managers

  • Entrepreneurial mind-set and thinking (Effectuation)

  • Characteristics of successful entrepreneurs

  • Entrepreneurship, creativity and innovation in a networked world

  • Business ideas, business growth (Design Thinking, Agile Project Management)

  • Presentation and application of digital tools for opportunity navigation, prototyping (MVP), market tests (website, explanation videos) for the business ideas to be developed

Start Up Management & Business Modelling3 ECTS ? !
  • Concept of Entrepreneurship

  • Identifying and evaluating opportunities

  • Developing business ideas from opportunities

  • Feasibility analysis of business ideas

  • Business Plan as a Start Up Management Tool

  • Business Model Canvas and its building blocks (value proposition, customers segments, channels, customer relationships, revenue model, key partners, key activities, key resources, cost structure)

Interdisciplinary competencies

Advanced Intercultural Team Leadership2 ECTS ? !
  • Cultural theories and models

  • The influence of culture on behaviour

  • Team typologies

  • Phases of team development

  • Trust and control

  • Emergence and avoidance of conflicts

  • Leadership verses management

  • Leadership styles

Assessment Center Bootcamp 2 ECTS ? !
  • Consulting Industry: Sector Overview Company Profiles – Job Opportunities and Consulting Careers

  • Job profile: Characteristics of capabilities and skills needed as a consultant

  • Job application and interview training

  • Consulting (mini) case study training

  • Framework for processing case studies

  • Brain Teaser Training

  • Case Simulation (Individual and Group Cases)

Language & Communication Skills2 ECTS ? !

The “Advanced Critical Thinking & Writing Skills” course is offered for German native speakers. German as a foreign language is offered as an obligatory course for Non-native German speakers.

General business teaching units

International Economics3 ECTS ? !
  • Globalization and income

  • Globalization and international trade

  • Trade and comparative advantage

  • Trade barriers and trade policy

  • Firm location, distance and transport costs

  • Currency crises and exchange rate policy

  • Financial crises, firms and the open economy

Applied Management Accounting3 ECTS ? !
  • Managerial accounting and global business environment

  • Cost term, terms and classifications

  • Systems design: Job-order costing

  • Systems design: Process costing

  • Cost-volume-profit relationships

  • Sustainability and ethics in accounting decision making

Programme specific teaching units

Digital Network Economy3 ECTS ? !
  • Online business models

  • Digital media usage in traditional business models

  • Social media approaches

  • Electronic and mobile business

  • Mobile office and remote working

  • Collaborative networks

Finance & Growth3 ECTS ? !
  • Challenges of accelerated company growth

  • Company lifecycles and growth strategies

  • From entrepreneurial bricolage to system development (time, project & personal management)

  • Growth alternatives and their evaluation

  • Financing instruments and their appropriate use (from crowdfunding to IPO)

  • Fundraising in action (documents, tools, actors)

Business Project6 ECTS ? !

The overall objective of this course is to provide students with possibility of applying their business knowledge on concrete business situation, related to the field of their specialization.

By the end of the module students should be able to:

  • Define project goals for the “client”.

  • Work under the set timeframe and agreed project scope.

  • Cooperate in the international project teams.

  • Evaluate markets/ industries/ competitive landscapes.

  • Develop possible strategic directions for the “client” business.

  • Formulate recommendations.

Elective area

Business Elective3 ECTS ? !

By choosing Business Electives in the second and third semester you can personalize your degree course and extend your management knowledge. The following are examples of the types of courses on offer:

  • Corporate Strategy and Renewal

  • Digital Network Economy

  • Digital Leadership

  • Portfolio Theory

  • Power Pricing

  • Finance & Growth

  • Advanced Portfolio Management

  • Branding

  • International HRM

  • Start-up Management & Business Modeling

  • Trader in Capital Markets

Interdisciplinary Elective3 ECTS ? !

By choosing Interdisciplinary Electives in the second and third semester you can personalize your degree course and extend your management knowledge. The Interdisciplinary Electives usually include subjects like:

  • Chat Bot Design

  • International Competitiveness

  • Omni-Channel Commerce

  • International Trade and Emerging Markets

  • Bitcoin and the Market of Cryptocurrencies

  • Business Process Modeling

  • Design Thinking & Adobe Creative Cloud

  • SAP S/4 Hana in Controlling and Finance

  • App Development in JavaScript

  • East Asian Culture and Business

  • Cultures of Consumption

  • SPSS

Interdisciplinary competencies

International Project Management2 ECTS ? !
  • Social competence: Communication, motivation, groups and team structures, leadership, conflict management

  • Methodological competence: Structural aspects, time management, cost management, human resource management, creativity and problem solving

  • Organisational competence: Quality management, documentation, risk management, project start and closure

Financial Fraud and Ethics2 ECTS ? !
  • Financial fraud and its manifestations

  • Ethics in finance

  • Alternative Banking Models like those of Triodos and GLS Banks

  • Alternative business models like those of KIVA and BOVESPA

  • Alternatives to growth models

  • Alternative investment products like Social Impact Bonds

  • Impact Finance and Micro Finance

  • Understanding the alternative Indices and their shortcomings

  • Rating Agencies and soft factor scores.

Language & Communication Skills2 ECTS ? !

The “Advanced Critical Thinking & Writing Skills” course is offered for German native speakers. German as a foreign language is offered as an obligatory course for Non-native German speakers.

General business teaching units

Value Based Management3 ECTS ? !
  • Financial measurement of corporate strategies: the principles

  • Traditional value-based systems and their link with financial models

  • Cash flow return on investments (CFROI)

  • Customer life-time value

  • Corporate financial & compensation design

Sustainable Supply Chain Management3 ECTS ? !
  • Defining a sustainable supply chain

  • Discussion of various theoretical concepts and their implications for sustainable supply chain management

  • Green marketing

  • Green logistics

Programme specific teaching units

Social Entrepreneurship In an International Context3 ECTS ? !
  • Social entrepreneurship

  • International case studies

  • Non-profit start-ups

  • Sustainability and entrepreneurship

  • Intercultural exchange

Business Simulation Game3 ECTS ? !

In a business simulation game participants have to manage their own virtual company which operates in the same market as other participant-operated competitors. This involves making typical management decisions in realistic environments. Beside the deepening and active examination of subject-specific knowledge the simulation games also include the team environment, where interaction, communication and prioritization are of paramount importance. Participants learn how to manage risk and uncertainty while time is limited and information constrained. Group-reflections help to take over different perspectives and to discuss pros and cons of content- as well as behavior-related actions.

Master Thesis Tutorial2 ECTS ? !

During the Master Thesis Tutorial you will learn the fundamentals for your Master thesis: Defining the topic as well as structuring the thesis and you will learn the theoretical knowledge for scientific working.

Elective area

Business Elective3 ECTS ? !

By choosing Business Electives in the second and third semester you can personalize your degree course and extend your management knowledge. The following are examples of the types of courses on offer:

  • Corporate Strategy and Renewal

  • Digital Network Economy

  • Digital Leadership

  • Portfolio Theory

  • Power Pricing

  • Finance & Growth

  • Advanced Portfolio Management

  • Branding

  • International HRM

  • Start-up Management & Business Modeling

  • Trader in Capital Markets

Interdisciplinary Elective3 ECTS ? !

By choosing Interdisciplinary Electives in the second and third semester you can personalize your degree course and extend your management knowledge. The Interdisciplinary Electives usually include subjects like:

  • Chat Bot Design

  • International Competitiveness

  • Omni-Channel Commerce

  • International Trade and Emerging Markets

  • Bitcoin and the Market of Cryptocurrencies

  • Business Process Modeling

  • Design Thinking & Adobe Creative Cloud

  • SAP S/4 Hana in Controlling and Finance

  • App Development in JavaScript

  • East Asian Culture and Business

  • Cultures of Consumption

  • SPSS

Interdisciplinary competencies

Skills Elective2 ECTS ? !

In the Soft Skills Courses you will improve your social, leadership and project management skills. Additionally to the courses in the first and second semester you can choose another one in the third semester. Decide for yourself which of your personal competences you want to push forward.

Business Plan Writing and Pitching2 ECTS ? !
  • Discovering and evaluating entrepreneurial opportunities

  • Developing business ideas from opportunities (e.g. based on using Design Thinking, Personas and User Stories).

  • Feasibility analysis of business ideas

  • Transferring the idea into a Business Model

  • Business Model and its building blocks (value proposition, customers segments, channels, customer relationships, revenue model, keypartners, key activities, key resources, cost structure)

  • Business Plan: Introduction, Sample Case and General Outline

  • Developing the details of the business plan

Language & Communication Skills2 ECTS ? !

The “Advanced Critical Thinking & Writing Skills” course is offered for German native speakers. German as a foreign language is offered as an obligatory course for Non-native German speakers.

Programme specific teaching units

Master Thesis24 ECTS ? !

During your 4th semester you are working on your Master thesis. You have 19 weeks to complete your thesis and the subject is freely selectable. A supervisor from CBS will support you and you can write the thesis in collaboration with a company as well. Or you can write your thesis in connection with a stay abroad.

master-entrepreneurship-und-innovation-studentin

Digital thinking

Many start-ups are digital businesses. You will learn what kind of influence online and mobile have on business models but also how you can harness digital media. Many start-ups first received publicity through social media. The digital world also allows work to be distributed worldwide 24/7, thus enabling the formation of spontaneous, collaborative networks.

Facilitating growth

Growth requires plans and investments. In the course, “Finance & Growth” you will deal with types of financing, such as loans for start-ups or crowd funding, while also developing growth strategies and financial plans for expansion.

Entrepreneurship a step further

In the third semester, you will expand your social entrepreneurship horizon on an international level. You will analyse case studies and participate in seminars on sustainability and non-profit start-ups. This type of business start-up has the goal of solving societal problems and perhaps making the world just a little bit better. But the economic aspects must also not be neglected.

Build up your expertise with a graduate degree

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Join one of our virtual events and get to know the CBS

Network and build connections during your Master's in Entrepreneurship

Due to the CBS‘ membership in the founder network cologne (hgnc), you have the possibility to take part in various start-up seminars and workshops. How to create a business plan and what do the financing possibilities look like? You can get answers to these questions and many more during the seminars. The hgnc’s extensive network of important economic partners is big support as well: You receive helpful tips and are able to connect with other entrepreneurs.

You want to get involved in activities outside the regular lectures and you are interested in the start-up industry? Or you already have an idea for a business project? In this case, the student initiative Entrepreneur Club is just right for you. During the weekly meetings aspiring founders can work on their ideas, exchange views with the other participants and apply their acquired knowledge into practice. In the initiative you get coached by professors as well as CBS alumni, who can tell you about their experiences in establishing their own business.

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You would like to inform yourself about our Bachelor and Master programs at home in peace? Request your information material now without obligation and free of charge, and we will be happy to send you our study information material by e-mail.

Follow us on Instagram & Facebook, get to know us at one of our Information Events, or Contact our student advisors to learn more about us.

Anika Zaeske

Anika Zaeske

Study advisory: Campus Cologne
Got any questions? We are happy to help!

Phone: +49 (0) 221 93 18 09-31
WhatsApp: Reach us on WhatsApp
E-Mail: study@cbs.de
Leah Krug

Leah Krug

Study advisory: Campus Mainz
Got any questions? We are happy to help!

Phone: +49 (0) 6131 88055 31
WhatsApp: Reach us on WhatsApp
E-Mail: study@cbs.de
Katharina Ging

Katharina Ging

Study advisory: Campus Potsdam
Got any questions? We are happy to help!

Phone: +49 (0) 221 93 18 09-31
WhatsApp: Reach us on WhatsApp
E-Mail: study@cbs.de
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