Master in Entrepreneurship: Curriculum –
An innovative program designed for your success.
The Master in Entrepreneurship Program has two available tracks: 90 credits or 120 credits, lasting 17 or 21 months respectively.
90 credit track: Students who have completed a Bachelor’s degree with at least 210 ECTS credits are able to choose the 90 credit track. This track lasts 17 months and includes a one-week international module, the capstone module.
120 credit track: Students who have completed a 180 ECTS credit Bachelor’s degree will join the 120 credit track lasting 21 months. In this track, you will spend your third semester in either the Master or MBA program at one of our 200 partner universities.
The program takes place on our campus in Vallendar, including modules in Berlin and Düsseldorf.
The elements of the program include:
Students take the following five Core Modules (25 ECTS):
This course revisits and applies fundamental corporate finance and accounting concepts. This understanding helps students increase their financial intelligence to manage capital budgeting and other financial decisions as well as interactions with capital markets more effectively. Both finance and accounting intersect when insiders and outsiders analyze the performance and expected value of a business or project. Our primary goal will be to uncover and avoid some of the common misunderstandings, mistakes and fallacies in financial decsion-making that lead to value-decreasing decisions.
Course objectives & set-up:
- Familiarize students with entrepreneurial finance and business models
- Students will solve two interactive entrepreneurial case studies in the two areas and one in-class case in Berlin.
- Students will connect with startups, consultancies, investors, and a law firm in Berlin to build up a network of future partners
- This course will help all students that consider starting their own company to build and run more successful firms
Continuous creation and exploitation of new business opportunities within the company is an imperative for success. However, corporations often struggle with the identification of promising growth opportunities and the development of new business ideas. This is in part due to the fast changing environment and in part because organizational structures, routines and incentive systems are not always appropriate for the current dynamics and technological settings.
This course is designed for those interested in learning how managers can create, develop, sustain and lead innovative new businesses or initiatives within their organizations. We are especially concerned with the interface between the corporation and the innovation and the entrepreneurial ecosystems within which it is embedded. By adopting an open systems perspective, we will focus on how corporate managers can effectively tap into external environment to initiate change, drive innovation and build new growth platforms.
During this course, participants will collaborate extensively in groups with some of Germany’s leading companies in real-life projects. They will not only hone their skills in solving these real-life corporate entrepreneurship problems, they will get to present their entrepreneurial ideas and solutions to executives from those companies.
In this course we apply the Google-Sprint Format to class and to a blocked week of company visits in Berlin. We build teams and business models within the run of the course.
Following a five day sprint logic, we
1) analyze problems and challenges (day 1)
2) get an overview of the industry and competitors and start developing the value proposition as well as the customer segment (day 2)
3) build the business model and the prototype (day 3)
4) collect customer feedback (day 4)
5) report and pitch about all components (day 5)
The result is a real business idea and model that has undergone its first test via customer feedback using a real physical or electronic prototype.
After having taken the mandatory Core Module, students choose 7 Electives. At least 4 Electives have to be chosen from the following Modules:
- Building and Scaling Successful Companies
- Coding for Entrepreneurs
- E-Commerce Operations Management
We make sure that you experience entrepreneurship from a start-up perspective, corporate perspective, and from the viewpoint of the market and investors. We have designed three special courses held in Berlin and Düsseldorf so that you can personally experience the entrepreneurial ecosystem of WHU.
- The Startup Perspective – Sprint2Berlin
- Corporate Perspective – Corporate Entrepreneurship
- Advanced Entrepreneurial Finance
The MiE Program also includes an international component, such as the study abroad semester (120 credit track) or the capstone module (90 credit track). Our unique network of more than 200 partner universities across six continents creates the perfect educational ecosystem for broadening your perspectives and expanding your knowledge of business, economies, and cultures worldwide.
Having completed your first two semesters at WHU, you will gain valuable work experience through an internship in Germany or abroad. The Career Center supports you in finding an internship position via a broad range of activities such as individual career counseling, workshops, and company presentations.
As a Master in Entrepreneurship student, you also have the opportunity to work on your own business idea as part of the internship whilst being supervised by our faculty and corporates from the exclusive WHU network.
The master thesis concludes your studies, providing you the opportunity to apply the skills and knowledge you have gained throughout the course of the Master Program. While writing your thesis, you will be supervised by a WHU faculty member. You may also write your thesis in collaboration with a company.
Throughout the program, you will have the opportunity to identify and test your own business ideas while being supported by prominent corporates from the exclusive WHU network. You will also develop specific tools and skills that are particularly relevant for entrepreneurs, such as coding and prototyping.
For more detailed information on the electives and modules, please see the Online Course Guide.
In addition to participating in a rigorous academic curriculum, you will also have the opportunity to take part in various events organized by our students and the Career Center such as IdeaLab!, Founders Career Day, SensAbility, Euromasters, and many more.
Exploring innovation abroad–
A unique entrepreneurial experience.
In the Master in Entrepreneurship, there is the possibility to choose the 90-credit track. This track includes a one-week capstone module in the U.S., Asia, or within Europe. Accompanied by faculty members, you will take advantage of cross-cultural learning experiences through tailor-made lectures combined with local company visits.
Hear from Master in Entrepreneurship student Paul on his reasons for choosing Tel Aviv University and feel inspired by the vibrant and thrilling entrepreneurial atmosphere of the growing start-up hub in Tel Aviv.