IB - Entrepreneurship (M.A.)

Study language English Intake Spring + Fall Duration 4 Semesters
ECTS 120 Type of study Full-Time Qualification Master of Arts
Semester abroad Optional Internship Integrated Campus Cologne | Potsdam
Tuition (Cologne) 885 €* Tuition (Potsdam) 825 €* Financing More info >>
*The displayed prices are monthly fees. For non-EU students' fees please check the tuition fees information page. Status: Jan 2020.

Study Course Plan

Business Economics
3 ECTS

  • Demand analysis & estimating demand
  • Supply and market equilibrium
  • Production economics
  • Estimating cost functions and production functions
  • Prices, output and strategy in different markets
  • Game theory models of oligopoly
  • Pricing techniques and analysis

Empirical Research Methods
3 ECTS

  • Quantitative and qualitative methods
  • Development of a research question
  • Steps of research process
  • Methods of data collection
  • Data analysis using statistical software programs

Strategic Analysis & Management
3 ECTS

  • Strategy making process and strategic reasoning
  • Advanced external environment analysis
  • Cultural and institutional context of strategic management
  • Corporate development and configuration
  • Strategic change and corporate restructuring
  • Strategy evaluation and strategic controls
  • Organizing for success

Innovation Management & Digital Transformation
3 ECTS

  • Diagnosing the change context and leading the strategic change
  • Dynamics of innovation & their implications for change management
  • Individual creativity and invention
  • Creativity techniques
  • Corporate creativity & intrapreneuring
  • Innovation and technology strategies
  • Managing innovations
  • Open innovation
  • Diffusion of innovations
  • Cultural differences in innovation capability

Corporate Social Respons­ibility
3 ECTS

  • Theories of corporate social responsibility
  • Cornerstones of sustainable management
  • CSR as management approach
  • Practical approaches of organizational effectiveness
  • Tools for CSR implementation
  • CSR and financial performance
  • How to communicate CSR

Corporate Governance
3 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
  • Corporate governance in different regions

The Entrepreneur In The Age Of Digitalization
3 ECTS

Start Up Management & Business Modelling
3 ECTS

Business English
2 ECTS

The aim of this course is to solidify the students’ existing language competencies, as independent users of English, and to enable them to apply this to their studies, focusing on educational and business domains. Since English is the medium of instruction in their respective study programmes, students are expected to reach a proficient user level in English within the first year.

Foreign Language
2 ECTS

The focus of the module is on introducing language for both business and academic study purposes. The aim of the courses are to build competencies in a second foreign language (e.g. Spanish, French, Chinese) either in continuation of their prior knowledge or at a beginners’ level. If you decide for the English-Only-Track you will concentrate on deepening your English language skills.

Advanced Inter­cultural Team Leadership
2 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
  • The impact of leadership behaviour on teams

Inter­national Economics
3 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 Accounting
3 ECTS

  • Systems design: Job-order costing
  • Systems design: Process costing
  • Cost-volume-profit relationships
  • Variable costing
  • Activity based costing to aid decision making
  • Sustainability and ethics in accounting decision making

Business Elective
3 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 Elective
3 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

Digital Network Economy
3 ECTS

Finance & Growth
3 ECTS

Business Project
6 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.

Foreign Language
4 ECTS

The focus of the module is on introducing language for both business and academic study purposes. The aim of the courses are to build competencies in a second foreign language (e.g. Spanish, French, Chinese) either in continuation of their prior knowledge or at a beginners’ level. If you decide for the English-Only-Track you will concentrate on deepening your English language skills.

Inter­national Project Management
2 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).

Value Based Management
3 ECTS

  • Financial measurement of corporate strategies: the principles
  • The gap between book values and market values
  • Economic value added
  • Cash flow return on investments
  • Customer life-time value

Sustainable Supply Chain Management
3 ECTS

  • Defining a sustainable supply chain
  • Discussion of various theoretical concepts and their implications for sustainable supply chain management
  • Green marketing
  • Green logistics

Business Elective
3 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 Elective
3 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

Social Entre­preneur­ship In An Intern. Context
3 ECTS

Business Simulation Game
3 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 Tutorial
2 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.

Foreign Language
4 ECTS

The focus of the module is on introducing language for both business and academic study purposes. The aim of the courses are to build competencies in a second foreign language (e.g. Spanish, French, Chinese) either in continuation of their prior knowledge or at a beginners’ level. If you decide for the English-Only-Track you will concentrate on deepening your English language skills.

Skills Elective
2 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.

Master Thesis
24 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.

general business teaching units
programme specific teaching units
interdisciplinary competencies
elective area

A national or international internship – with a minimum duration of 8 weeks – is a mandatory part of the study programme. It is scheduled for the semester break from June till August. Our Career Services department will help you find a suitable company.

Kristina Behr

+49 (0) 221 93 18 09-31

Get in touch

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Master Entrepreneurship as a specialisation within the International Business programme

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 programme, International Business at CBS International Business School with the elective specialisation, Entrepreneurship was created for people like you – for people with an entrepreneurial spirit, who are ready to take the next step.

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.

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.

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.

Using our networks

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 a big support as well: You receive helpful tipps 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.

Get some advice, and then get started

Make an appointment for a personal study consultation or visit an info evening, a study information day or complete an open-house trial study.

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