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TUM Track
  • Semster 1: Heilbronn
  • Semester 2: Heilbronn and China
  • Semester 3: Munich
  • Semester 4: Munich or Heilbronn
TUM Track

Strategic Management & Economics

  • Learn how to apply the basic concepts, tools and methods of strategic management
  • Analyze different business strategies and strategic options and apply them to situations in real business life
  • Predict opportunities and risks depending on a specific economic context

Operations & Supply Chain Management

  • Understand the basics of operations and supply chain management and to apply them to different contexts and organizational structures
  • Outline strategic and organizational risks in value-chains as well as different situations of operations management
  • Work on topics like Performance Analysis and Benchmarking, Forecasting, Workforce Planning and Scheduling
  • Dive deep into Logistics & Inventory Management

Financial Accounting

  • Learn more about the construction of individual and consolidated financial statements according to International Financial Reporting Standards (IFRS)
  • Evaluate the future changes technological innovations will bring to accounting
  • Describe which enterprises have to prepare consolidated financial statements and which subsidiaries have to be included

Financial Management

  • Understand the principles of financial markets and of evaluating different forms of investment
  • Compare different forms of investments and analyze investment projects to determine the optimal capital structure for projects and businesses
  • Analyze cost of capital, corporate valuation, capital budgeting and capital structure
  • Apply basic methods of risk management and value-based management

International Management & Intercultural Collaboration I

  • Identify and analyze challenges and problems in multinational enterprises
  • Communicate business and scientific topics in intercultural and international environments
  • Learn how to operate with diverse cultural perspectives, especially in China

Project Work

  • Acquire hands-on experiences by working in student groups with family-owned companies (hidden champions) on a particular assignment
  • Independently define the structure of the project and employ your methods and theories to develop results of practical value for the companies

International Management & Intercultural Collaboration II

  • Learn more about the social and economic dimensions of Chinese management
  • Monitor chances and risks of international management in China

Doing Business Abroad

  • Enrich and complement your profile with deep insights and practical implementations on how doing business in an international context
  • Handle and develop a task for an international company in a systematic and scientific way
  • Learn how to cope in an international working environment with new and complex topics and to develop solutions

Innovation Prototyping

  • Understand the topic of prototyping in a technological context and their implications for products and markets
  • Learn how innovations can be developed within an organization and how to create prototypes for innovative ideas
  • Analyze customer feedback and evaluate its implications for innovation development
  • Experience how to develop ideas in more focused manner, understand problems and ideas better, and advance your ideas faster when tackling new business challenges

Technological Trends

  • Get to know new and upcoming technological trends from various research areas of different TUM departments
  • Visit labs to get an insight impression as well as a feeling for the current state of research
  • Learn how to analyze the trends as well as their implications for organizations or society as a whole as well as political dimensions

Growth Strategies & Business Models

  • Understand the process of market opportunity identification and evaluation in the context of new technologies
  • Practically apply this understanding by developing commercialization scenarios and strategies for early stage technologies
  • Create theoretical conceptualizations from the practically experienced underlying opportunity identification and evaluation process

Project Work

  • Acquire hands-on experience by working in student teams within companies on a particular assignment
  • Handle and develop a real-world project in an (international) team in a systematic way

Personal & Leadership Development

  • Learn the relevant theories and models of lateral leadership
  • Reflect on your current behavior, define development goals and further discuss and reflect them
  • Learn how to give and receive feedback in an appropriate way within a business context

Personal & Leadership Development

  • Learn the relevant theories and models of lateral leadership
  • Reflect on your current behavior, define development goals and further discuss and reflect them
  • Learn how to give and receive feedback in an appropriate way within a business context

Double Degree Track
  • Semester 1: Paris
  • Semester 2: Paris
  • Semester 3: München
  • Semester 4: München
Double Degree Track

Operations & Supply Chain Management

  • Understand the basics of operations and supply chain management and to apply them to different contexts and organizational structures
  • Outline strategic and organizational risks in value-chains as well as different situations of operations management
  • Work on topics like Performance Analysis and Benchmarking, Forecasting, Workforce Planning and Scheduling
  • Dive deep into Logistics & Inventory Management

Financial Accounting

  • Learn more about the construction of individual and consolidated financial statements according to International Financial Reporting Standards (IFRS)
  • Evaluate the future changes technological innovations will bring to accounting
  • Describe which enterprises have to prepare consolidated financial statements and which subsidiaries have to be included

International Management & Intercultural Collaboration I

  • Identify and analyze challenges and problems in multinational enterprises
  • Communicate business and scientific topics in intercultural and international environments
  • Learn how to operate with diverse cultural perspectives, especially in China

International Management & Intercultural Collaboration II

  • Learn more about the social and economic dimensions of Chinese management
  • Monitor chances and risks of international management in China

Doing Business Abroad

  • Enrich and complement your profile with deep insights and practical implementations on how doing business in an international context
  • Handle and develop a task for an international company in a systematic and scientific way
  • Learn how to cope in an international working environment with new and complex topics and to develop solutions

Innovation Prototyping

  • Understand the topic of prototyping in a technological context and their implications for products and markets
  • Learn how innovations can be developed within an organization and how to create prototypes for innovative ideas
  • Analyze customer feedback and evaluate its implications for innovation development
  • Experience how to develop ideas in more focused manner, understand problems and ideas better, and advance your ideas faster when tackling new business challenges

Technological Trends

  • Get to know new and upcoming technological trends from various research areas of different TUM departments
  • Visit labs to get an insight impression as well as a feeling for the current state of research
  • Learn how to analyze the trends as well as their implications for organizations or society as a whole as well as political dimensions

Growth Strategies & Business Models

  • Understand the process of market opportunity identification and evaluation in the context of new technologies
  • Practically apply this understanding by developing commercialization scenarios and strategies for early stage technologies
  • Create theoretical conceptualizations from the practically experienced underlying opportunity identification and evaluation process

Project Work

  • Acquire hands-on experience by working in student teams within companies on a particular assignment
  • Handle and develop a real-world project in an (international) team in a systematic way

Personal & Leadership Development

  • Learn the relevant theories and models of lateral leadership
  • Reflect on your current behavior, define development goals and further discuss and reflect them
  • Learn how to give and receive feedback in an appropriate way within a business context

TUM TrackDouble Degree Track
Semester 1 & 2Semester 1 General Management Semester 2 Project Work in a Family Business International Experience in China Specialization / Electives in Management OR InternshipSemester 1 & 2 General Management
Semester 3 & 4Semester 3 Innovation, Entrepreneurship & Technology Personal & Leadership Development Project Work in a Large Enterprise or Start-Up Semester 4 Master´s Thesis
Program StartOctoberSeptember
Application Deadline1 September 2020 (Please see application rounds) 1 September 2020 (Please see application rounds) General Management2 June 2020 (Please see application rounds)
Credits30 ECTS credits per semester
Length of program4 semester
Language100 % English
Admission RequirementsA bachelor´s degree or higher in any field First work experience A successful admission interviewAdditional:
  • Proof of proficiency in English
    (TOEFL, TOEIC, IELTS or Cambridge)
  • GMAT, GRE or TAGE MAGE (if applicable)
  • 2 Recommendation Letters
Final QualificationMaster of Science (M.Sc.) by TUMMaster of Science (M.Sc.) by TUM & HEC
(Master in Management Grande Ecole Degree by HEC Paris)
Study LocationsSemester 1 & 2: Heilbronn and China Semester 3: Munich Semester 4: Munich or HeilbronnSemester 1 & 2: Paris Semester 3: Munich Semester 4: Munich
FeesEUR 28.000
EUR 37.700