Masters in Entrepreneurship

REQUEST A BROCHURE

>800

Corporate Partners

>160

Partner Universities

3000

Students

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

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.

IB - Entrepreneurship Master at a glance

*The displayed prices are semester fees. For non-EU students' fees please check the tuition fees information page. Status: March 2021.

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

Students are initially placed into an ACTW (Advanced) or FCTW (Foundations) course based on their results of the placement test. International students who qualify for the ACTW course have the option to officially replace this course by a German course.

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

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

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

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

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.

An internship (10 ECTS) in Germany or abroad is integral part of your degree. Our Career Service is happy to support you in finding the perfect company.

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

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

Virtual

Virtual Student Life in Germany Event

18. April 2023 | 16:00 - 17:30

Virtual

Online Information Session Master's

27. April 2023 | 17:00 - 18:00

Virtual

Evolution of the Brain

25. May 2023 | 16:00 - 17:00

Virtual

Global Supply Chain Risk Management

4. July 2023 | 16:00 - 17:00

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.

Take your next step

Study Advisory

Trial Lectures

Financial Aid

Admission Process

Online Application

NEED MORE REASONS? FIND OUT WHY CBS IS THE RIGHT CHOICE FOR YOU

INTERNATIONAL
PRACTICE ORIENTED
ACCREDITED
PERSONAL

Learn more about us and our graduate programmes

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

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

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

Ida Möhrke

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

Phone:	+49 (0) 178 57 61 749
WhatsApp:	Reach us on WhatsApp
E-Mail:	study@cbs.de

This is What Our Students Say

Philip Kollmann

Project Manager
Wayne´s Coffee

"Especially the soft skill courses have been of great help for my performance in job interviews. Through my work in the Finance and Business Club I have built up a broad network and acquired project management skills that have enabled me to score points with companies."

Oliver Kiderle

EMEA Regional Product Expert
Google Inc.

"The focus on internationality and practical skills have had a very positive influence on my development at Google. Especially the structured and very versatile project work, which is often found at a private school, was extremely helpful."

Katrin Rieger

Bereichsdirektorin Reisevertrieb Deutschland / Vice President Sales
HanseMerkur Krankenversicherung

"The practical learning in small groups prepared me optimally for today's project and team work. The CBS provided me with the decisive soft skills and current knowledge from the world of business."

Kalle Kenkel

Commercial Excellence Manager
GE Healthcare

"My studies at CBS prepared me for a career in today's dynamic, global work environment. As one's origin and physical location become less and less decisive, it has become increasingly important to have a multinational network and adapt quickly to various cultures and environments."

Neil Jordaan

Global Digital Content Manager
Elanco

"Many professors shared their professional business experience with us in class and were able to illustrate dry theory with practical examples. I also enjoyed the international atmosphere on campus."

Christopher Rosenbaum

Manager
Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft

"The Management Studies programme prepares you thoroughly for the tasks of a consultant. In particular, the development of presentation techniques as well as analytical thinking is of enormous importance in the everyday life of a consultant."

Britta Jansen

HR Business Partner
HRS Group

"The CBS is an internationally oriented and very practically orientated university which prepared me very well for the professional world through the compulsory internship, the courses offered and the required project/group work."

Patrick Stein

Head of Human Resources
Boston Consulting Group

"The strongly practice-oriented studies and the international orientation of the CBS, as well as the lectures held in English, were an absolutely necessary basis for starting a career with a renowned, international company."

These graduate study programmes could also interest you:

What should I study?

Business Psychology

Digital Marketing

International Business

Global Finance

Teaser-Strategisches Management und Consulting

Strategic Management

Marketing Management

CHECK OUT OUR GRADUATE PROGRAMMES

Write us on WhatsApp

Masters in Entrepreneurship

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

Masters in Entrepreneurship

Masters in Entrepreneurship: Founding requires sound business knowledge

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

First learn to be a founder

IB - Entrepreneurship Master at a glance

Study Course Plan

General business teaching units

Programme specific teaching units

Interdisciplinary competencies

General business teaching units

Programme specific teaching units

Elective area

Interdisciplinary competencies

General business teaching units

Programme specific teaching units

Elective area

Interdisciplinary competencies

Programme specific teaching units

Digital thinking

Facilitating growth

Entrepreneurship a step further

Build up your expertise with a graduate degree

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

Virtual Student Life in Germany Event

18. April 2023 | 16:00 - 17:30

Online Information Session Master's

27. April 2023 | 17:00 - 18:00

Evolution of the Brain

25. May 2023 | 16:00 - 17:00

Global Supply Chain Risk Management

4. July 2023 | 16:00 - 17:00

Network and build connections during your Master's in Entrepreneurship

Take your next step

Study Advisory

Trial Lectures

Financial Aid

Admission Process

Online Application

NEED MORE REASONS? FIND OUT WHY CBS IS THE RIGHT CHOICE FOR YOU

Learn more about us and our graduate programmes

Anika Zaeske

Leah Krug

Ida Möhrke

This is What Our Students Say

Philip Kollmann

Project ManagerWayne´s Coffee

Oliver Kiderle

EMEA Regional Product ExpertGoogle Inc.

Katrin Rieger

Bereichsdirektorin Reisevertrieb Deutschland / Vice President SalesHanseMerkur Krankenversicherung

Kalle Kenkel

Commercial Excellence ManagerGE Healthcare

Neil Jordaan

Global Digital Content ManagerElanco

Christopher Rosenbaum

ManagerErnst & Young GmbH Wirtschaftsprüfungsgesellschaft

Britta Jansen

HR Business PartnerHRS Group

Patrick Stein

Head of Human ResourcesBoston Consulting Group

These graduate study programmes could also interest you:

What should I study?

Business Psychology

Digital Marketing

International Business

Global Finance

Strategic Management

Marketing Management

Project Manager
Wayne´s Coffee

EMEA Regional Product Expert
Google Inc.

Bereichsdirektorin Reisevertrieb Deutschland / Vice President Sales
HanseMerkur Krankenversicherung

Commercial Excellence Manager
GE Healthcare

Global Digital Content Manager
Elanco

Manager
Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft

HR Business Partner
HRS Group

Head of Human Resources
Boston Consulting Group