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Innovation & Entrepreneurship

Master

Gain the tools required for launching business innovation projects or founding ground-breaking new companies.

Online Studies

Start your career's next successful chapter with a 5-star education from IU

Get your application in before December 15 and you can save up to US$1,399.

Apply now

Choose a fully accredited study program and set yourself up for success. At IU, you’ll join over 100.000 students from all over the world. And the best part? You’ll develop job-ready skills in a practical setting — so you’ll have a real advantage in your industry.

*You can start any time.
*This discount is only available for the online studies model.

Overview

Start your online Master in Innovation and Entrepreneurship

Innovation initiatives and an entrepreneurial approach to business are two essential components of running successful businesses, regardless of their size or industry sector. Creativity, market familiarity, a willingness to take chances and strong team management skills all combine to create the successful business entrepreneur of today.

In this online Master’s programme in Innovation and Entrepreneurship, you’ll focus on developing these exact elements of your professional portfolio. By acquiring a strong business innovation foundation, and focusing on the practical elements and implications of entrepreneurship, you’ll gain the confidence needed in order to take big risks in your career later on – and reap big rewards.

Your online degree summed up

All the facts and figures about your study programme at a glance
Study model
Master of Arts (M.A.)
120 ECTS
Language: English
Study duration & extension
24 - 48 months (depending on time model)
Free of charge extension period
Start online studies: any time
Tuition fees
Starting from € 289 (US$ 303)* per month

*based on the exchange rate from 01.12.2022 09:04 AM (CET)
Accreditation
120 ECTS - English
Accredited in line with German and European standards
ZFU 1134322
Past education recognised
Save time and earn your degree faster by having your previous achievements/experience recognised
100 % flexible

You decide where and when you want to study

Versatile & Innovative

Your digital learning journey with personal support!

Top-Level Education

First-class study programmes with a recommendation rate of 96 %

Study contents

Online course overview

The Innovation and Entrepreneurship 120 ECTS Master’s programme is designed to give you the strongest starting point possible for a future career in the start-up sector. Through courses such as Business Model Design and Digital Business Models, you’ll build a strong understanding of how to develop business models – both traditional and innovatively digital.

Later on, you’ll deal with product design planning and agile project management, thus preparing yourself to many different managerial responsibilities in a wide range of potential roles.

And in the third semester of your study programme, with the elective courses of your choice, you’ll decide where you want to focus your education, in accordance to the future career you have in mind. Be it more tech-oriented or geared towards more traditional corporate management roles, the wide range of elective courses offered will provide you with the tools you need to match your ambitions.

Semester 1
ModuleECTS

Innovation and Entrepreneurial Ecosystems

5

Entre- and Intrapreneurship

5

Strategic Management

5

Business Model Design

5

Product Development

5

Advanced Research Methods

5

Semester 2
ModuleECTS

Applied Marketing Research

5

Sales and Pricing

5

Agile Project Management

5

Lean Start Up

5

Design Thinking

5

Seminar: Current Topics of Innovation and Entrepreneurship

5

Semester 3
ModuleECTS

Digital Business Models

5

Internet of Things

5

Elective A

10

Elective B

10

Semester 4
ModuleECTS

Master Thesis & Colloquium                      

30

Electives overview

Elective A + B

In your 3rd semester, you'll need to choose an elective module, which you can choose from one of the following modules:

Module

ECTS

Start Up Lab

10

Artificial Intelligence

10

Data Science and Analytics

10

Big Data

10

IT Project and Architecture Management

10

Corporate Finance and Investment

10

Digital Transformation

10

Consumer Behavior and Brand Management

10

Leadership and Change

10

Performance Management

10

Module guide
Online course schedule
Admission

Entry requirements

How To Start Your Degree with the Online Degree Saver Programme:

Once you've enrolled and started on your studies, you'll have access to a part of your courses, based on the time model you choose. You will be registered as a student only after 50% of the total ECTS have been successfully completed. Then you will gain access to the rest of your courses, and will be able to finish your degree.

The admissions documents must be provided in English or German, if they were not issued in one of these two languages, a translation is required. If you need to translate your documents, we can help refer you to our trusted translation partners. You can find more details here.

General admission requirements

Admission Requirements for 120-ECTS: 

  • Completed, undergraduate degree with 180 ECTS in the field of business administration, economics 
  • Your degree must be from a state or state-recognised higher education institution/university  
  • You must have achieved a final grade of at least “satisfactory” or Grade C equivalent in your previous undergraduate degree
Further admission opportunities

Is your undergraduate degree not in the required subject field for this programme's 120 ECTS points variation admission requirements? You can still apply! You'll have to take 2 specific courses at the start of your studies, and pass them successfully in order to continue with your studies. That way, you don't have to take an entrance examination, and can prove your skills while earning ECTS points as part of your studies. 

English language skills

At IU, we teach in English to prepare you for the international work market. Therefore, we ask you to provide us with a proof of your English language skills. 

Is English your native language or have you graduated from an English-speaking school or university? Then you do not need to prove your English language skills. 

You can prove your English skills with an English B2 level certificate (no older than 5 years). Don’t have this at hand? No problem! You can quickly get your English certified with Duolingo. 

  • Take the online test in just 45 to 60 minutes 
  • Receive your certified results within 2 days 
  • Save valuable money and time 

Find out if the Duolingo test is suitable for you. Click here to try it for free. In order to be accepted to your study programme, a minimum of 95 points in the Duolingo exam is required. 

Did you take the test and not get the 95 points required? Don’t worry! We’re offering a free English course. By successfully completing the course in 3 months, you'll prove that you have the required level of English proficiency.

We also accept the following English language skills certificates: 

  • TOEFL (minimum 80 points) or 
  • IELTS (minimum Level 6) or 
  • Cambridge Certificate (minimum Grade B) or 
  • Equivalent proof, such as a B2.2 Certificate from the free IU English course - further information can be requested from our student advisors.* 

*Proof must be provided before the start of the study and must not be older than five years.
*Please note that course isn't accepted as a language certificate for on campus study programmes

Start your career's next successful chapter with a 5-star education from IU

Get your application in before December 15 and you can save up to US$1,399.

Apply now

Choose a fully accredited study program and set yourself up for success. At IU, you’ll join over 100.000 students from all over the world. And the best part? You’ll develop job-ready skills in a practical setting — so you’ll have a real advantage in your industry.

*You can start any time.
*This discount is only available for the online studies model.

Careers

Your Master in Innovation and Entrepreneurship career outlook

With a Master’s in Innovation and Entrepreneurship, you’ll be ready for the challenges of a career in innovation project management, consulting or as your own boss at your own start-up. If you choose to work as an employee, here are some of the many options you can take on:

Project Management of Innovation Projects

Project managers of innovation projects lead the way for innovation projects in industrial or service companies, from traditional manufacturing to the SaaS sectors. If you take on such a position, you’ll work on coordinating between different departments, making sure that targets are met and that communication channels stay open.

Product/Process Innovation Consulting

Define product specifications and process innovations for development teams, based on market research and business predictions. Mediate between production and marketing teams, and ensure that innovation and launch projects run smoothly.

Business Model Innovation Coach

As a business model innovation coach, your responsibilities will be to advise and support innovation teams and managers in their efforts to define and strategise new business models, based on industry developments and trends.

Student reviews

This is what our students say

  • Combined with practical work experience, the study programme at IU was the right choice for me.

    Britta Gabriel

    Graduate, Germany

  • In my view, the flexibility makes a compelling case for learning online at IU. The wide range of elective modules to choose from also won me over. It means you can specialise in what you really want to do.

    Philipp Kleingrothe

    Graduate, Germany

  • I made the decision to do an online Master’s in Management at IU, which enabled me to continue my education whilst staying on the ball professionally: I was able to gain practical experience, broaden my specialist knowledge and have lots of flexibility to organise my study time myself.

    Maren Sellmann

    Graduate, Germany

Personal counselling

Have any questions?

Visit our FAQ page or get in touch with our Study Advisors. You can also find information about the application process under our Become a Student page.

Tuition fees

Online study model & fees for your Master degree in Innovation & Entrepreneurship

Depending on your personal or professional circumstances, you may wish to complete your studies as quickly as possible, or you may prefer a more flexible study programme that is less time-consuming. That’s why we offer part-time options for all our study programmes. This allows you to study alongside professional or personal commitments. We adjust your study fees based on your chosen time model.

Are you unable to finish your programme within the given time? No problem! If you realise that you need more time, you can simply switch to another time model with one months’ notice before the end of the month.

No registration or administration fees are charged when you apply for studying – you'll only be charged once your studies have started. If you won't be admitted to a programme because you do not meet the admission requirements, no fees will be charged.

Full-Time

Duration 24 Months

Perfect for students who want to hit the ground running and shorten the period of study by increasing their studying pace.

US$ 563
US$ 503 /mth* Apply now
* € 479 based on the exchange rate from 01.12.2022 09:04 AM (CET)

Part-Time I

Duration 36 Months

Excellent for talented all-rounders who want to give their studies everything they’ve got while holding down a job and keeping down their monthly costs at the same time.

US$ 417
US$ 377 /mth* Apply now
* € 359 based on the exchange rate from 01.12.2022 09:04 AM (CET)

Part-Time II

Duration 48 Months

Ideal for students who would like to take their time completing their courses on top of their job and everyday life and keep down the monthly costs of their studies.

US$ 333
US$ 303 /mth* Apply now
* € 289 based on the exchange rate from 01.12.2022 09:04 AM (CET)
Additional charges

All our study programmes include the following benefits

  • Teaching and study material
  • Marking of your end-of-module exams
  • Free 4-week trial
  • Online tutorials and guidance from tutors
  • Use of the online campus
  • Individual study coaching
  • Online exams
  • Career coaching
  • Learn English for free
Recognition

Recognition of previous achievements

Have you already completed a training course, studied at a university or gained work experience? Have you completed a course or a learning path through IU LinkedIn Learning, and earned a certificate? Then you have the opportunity to get your previous achievements recognised, and complete your studies at IU sooner.

  • Save time: Skip individual modules or whole semesters!

Even before you apply for an online study programme, we’ll gladly check whether we can take your previous achievements into account: 100% online, no strings attached. Simply fill in our recognition application form, which you can find under the content section of each study programme's webpage, and upload it via our upload section. You can also e-mail it to us, or send it via post.

Send an email to study@iu.org to find out which previous achievements you can get recognised. Make sure you send your application before the end of your 1-month trial. You can get your previous achievements recognised during your studies.

Do you need help with your application for recognition? Our student advisors will be happy to help. Simply arrange a personal call-back appointment. Arrange a personal video consultation appointment to discuss recognition

Why IU International University of Applied Sciences is the best choice

Your Studies Are Flexible and 100% Online

Schedule when you want to learn and study 100% online. At IU you have the possibility to complete your degree fully from home, whether full-time or part-time. You can even take your exams online whenever it suits you. 

Accredited & Globally Recognised

IU is accredited and certified with a seal of approval from the German Accreditation Council. All IU study programmes, materials, and services meet high internal and external quality standards, which are regularly reviewed and updated. We can also provide you with an official Europass Diploma Supplement once you graduate, to ensure that your degree is recognised anywhere in the EU.

You Gain Full Support

We provide you with innovative learning tools, digital study material, tutorial videos, student advice and support. You also have 24/7 access to our large online library. Your tutors are always available to answer your questions. Our study coaches are also available to help at any time. 

The Ideal Mix of Theory & Practice

Our programmes provide you with essential theoretical knowledge and focus, above all, on practice-oriented studies designed to best prepare you for your future career. Thanks to our great variety of electives you can specialise in the specific areas that match your personal goals.

Start your career's next successful chapter with a 5-star education from IU

Get your application in before December 15 and you can save up to US$1,399.

Apply now

Choose a fully accredited study program and set yourself up for success. At IU, you’ll join over 100.000 students from all over the world. And the best part? You’ll develop job-ready skills in a practical setting — so you’ll have a real advantage in your industry.

*You can start any time.
*This discount is only available for the online studies model.