Master of Management & Innovation (MSc) - dual degrees

• Intro to Business - introduction to the functional areas of business and their integration for the effective and efficient operation of organizations. 

• Business Analytics - analytical tools and techniques for managerial decision, and their application to decision scenarios that parallel common business decisions.
• Working with People - exploration of employment in different types of organizations such as public vs. private sector vs. not-for-profit.
• Business Communications - gain an understanding of clear and concise written and verbal communications, development and presentation of a business case, and management of stakeholder expectations through digital and face-to-face communication techniques.
• Financial Accounting - introduction to accounting for business organizations emphasizing the preparation and use of financial statements for decision-making purposes.

• Intro to Finance - basic analytical tools and theoretical foundations for financial decisions, including topics in financial markets and instruments, time value of money, valuation of assets and projects, corporate financing policy, and financial risk management.
• Operations & Supply Chain Integration - technology infrastructure, collaborations in business-to-business relationships, and customization in business to client relationships.
• IT Management - builds a basic understanding of IT infrastructure, how infrastructure influences business processes, and managerial issues associated with IT implementation.
• Strategic Marketing - introduction to traditional marketing concepts such as segmentation, positioning, product development, and pricing. Other topics include omnichannel marketing, permission and inbound marketing, personalization and customer relationship management, and content marketing.

• Thinking Like an Entrepreneur - identify opportunities by applying research and analytical tools. Other topics include design thinking and business modelling.
• IT for Value Innovations - examines organizational IT strategy and business opportunities created by rapidly evolving information technologies.
• Managerial Accounting - introduction to the use of accounting within an organizational context. Emphasis placed on the development and dissemination of accounting information necessary for effective management.
• Consumer Insights - provides practical insights into all aspects of the marketing mix. Emphasis on measurement, testing, and interpretation of consumer responses in area such as perception, motivation, decision making, and consumer culture.

• Navigating the Organization - development of negotiation, power and influence, politics, and conflict resolution skills leading to increased effectiveness with internal and external stakeholders.
• Special Topics in Finance - introduction to modern financial tools including: entrepreneurial finance, investment management, financial institutions, mergers & acquisitions, capital raising and investment banking. Other topics include blockchain and bitcoin, equity crowdfunding and peer-to-peer lending, robo-advisors, big data in finance and early-stage financing.
• Strategic Analysis - introduction to the key concepts, tools, and principles of strategy formulation and competitive analysis.
• Technologies of Innovation - focuses on the use of leading edge technology for innovation, entrepreneurship and automation in different organizational contexts. Special emphasis on web-based software such as SaaS tools.

Choose two course electives OR one paid internship elective.

Course electives (duration is three weeks):

• Storytelling with Data - examines how data visualizations are critical for understanding the messages the data is trying to communicate and ensuring the right visuals are crafted to deliver insights to stakeholders.
• International Business - explore strategic challenges of managing and operating within an international business environment, features of the international environment and their potential implications at a firm level, strategies for firms competing in international markets, and operational tactics employed in functional areas.
• Business Law - principal substantive subjects include the administrative and regulatory process, business contracts, employment and labour, business organizations and negligence.
• Leadership - examines leadership theories and delves into concepts that leaders must consider when making decisions and implementing strategy.

Internship elective (duration is three months):

• Work Integrated Learning - gain practical and paid work experience to help build your communication skills, professionalism on the job and develop a network of contacts. This is a 12-week full-time internship. Students are responsible for securing their own internship, however the Career Development Centre will provide support and guidance. 

• Capstone - Integrated Decision Making - students have the opportunity to demonstrate the culmination of their learning at the end of their Master of Management program. By working with an organization, students have the opportunity to design and implement an integrated solution to a strategic issue

Note: if students are taking the internship elective, you will have to take one week off of work to attend the Capstone course. 

• Innovation Prototyping - learn how do generate and assess new business ideas, and to transform these ideas into actual products or business models. 
• Growth Strategies and Business Models - identification of market opportunities for new tech is one of the most challenging tasks technology managers are faced with. As a team, solve a specific growth challenge for a Munich-based start-up. 
• Technological Trends - get to know new and upcoming tech trends, topics vary each semester. Past classes have explored robotics, automotive, sustainability, and digital transformation. Learn how to analyze trends and their implications on organizations and society.
• Personal & Leadership Development - learn the relevant theories and models of lateral leadership, self-reflect and set development goals. Dive into project management and presentation skills, feedback, networking, and career planning.
• Project Work (Munich Enterprise/Start-up) - working in student teams, gain hands-on experience with a German company who will define the structure of the project and employ state-of-the-art methods and theories to develop practical results. 

Please refer to the TUM website for further course details.

• Master's thesis - learn to summarize, compare, synthesize, analyze and extend methodologically demanding economic literature and research questions. Write a scientific thesis to identify research gaps, address these gaps with distinctive research questions, try to answer these questions with the appropriate research methods and critically discuss findings. Students have six months to complete the Master's Thesis. Note: the Master's thesis is a full-time commitment.

• Master's thesis - learn to summarize, compare, synthesize, analyze and extend methodologically demanding economic literature and research questions. Write a scientific thesis to identify research gaps, address these gaps with distinctive research questions, try to answer these questions with the appropriate research methods and critically discuss findings. Students have six months to complete the Master's Thesis. Note: the Master's thesis is a full-time commitment and not a simple assignment. It is an opportunity to design a project or actively search one out that matches your specific academic interests. Students may cooperate with any department at TUM. Your research culminates in an academic paper presenting findings in relation to a self-constructed hypothesis.