Innovation can enable firms to achieve superior performance and competitive advantage in the global marketplace. In today’s dynamic business environment, managers are challenged to provide innovative ideas for new products, services, markets and business models.
This masters degree provides you with the skills and knowledge to successfully manage innovation within the global economy. It will help you appreciate the dynamics and complexity of innovation, understand how to explore and identify opportunities, and give you the skills to be able to respond.
Through a combination of theoretical and practical teaching, you will be equipped to design, lead and implement all types of innovation within an organisation. You’ll learn a range of management strategies and practices, which will help you to identify opportunities and coordinate knowledge.
The course is ideal if you wish to gain expertise in leading strategic innovation initiatives, developing new ventures, products and services.
Our research makes an important contribution to your learning on this course, as academics bring their expertise to you in the classroom.
The Centre for Technology, Innovation and Engagement (C-TIE) is based at the Business School, and brings together researchers and practitioners interested in addressing a broad range of innovation and entrepreneurship topics.
Some of our leading academics are key players in the research network ManETEI (Management of Emerging Technology for Economic Impact), which brings together leading European Business Schools, research institutes and partners from different sectors, technologies and countries. The network focuses on managing emergent technologies for maximum economic and social impact.
The course introduces you to the fundamental concepts and techniques of innovation management. Core modules will explore the importance of different types of innovation and how they interact with each other, as well as the challenges of commercialising ideas and practical aspects of leading innovation teams. A grounding in international business theory and the globalisation of innovation will put this into context, and you’ll develop your knowledge of research design in the subject.
You’ll expand your knowledge during modules that focus on managing and using intellectual capital and strategic management techniques. An additional module will cultivate your professional skills, allowing you to undertake fieldwork and develop research of your own.
There are opportunities to gain specialist knowledge in areas that suit your own interests – you’ll choose from a range of optional modules in management and business topics such as enterprise creation, decision making and supply chain management.
You’ll also focus on a specific topic of your choice during your dissertation project in the third semester. This is an opportunity to apply the skills and knowledge you’ve acquired and can be either a research dissertation or a practical consultancy project.
You'll take nine compulsory modules, including your dissertation.
You'll choose one optional module.
We use a variety of teaching and learning methods to help you make the most of your studies. These will include lectures, seminars, workshops, online learning and tutorials.
Independent study is also vital for this course allowing you to prepare for taught classes and sharpen your own research and critical skills.
Assessment methods emphasise not just knowledge, but essential skills development too. You’ll be assessed using a range of techniques including exams, group projects, written assignments and essays, in-course assessment, group and individual presentations and reports.
This masters degree prepares you to lead strategic innovation initiatives in a range of organisations. It is ideal for those seeking a managerial career in industries that have a fast pace of change and a high degree of creativity.
As a graduate of this course, you will be well-equipped with theoretical and practical knowledge, and have the necessary skills to lead innovation.
Thanks to our strong corporate links, we will help you to connect with leading global organisations involved in innovation management, to understand the variety of exciting roles and careers that are available to you as an innovation professional.
Links with industry
Senior figures in innovation are often invited to deliver guest lectures at the Business School, providing a practitioner's view of the latest industry developments. We also host regular speakers as part of our Corporate Wisdom Event Series, bringing together innovation experts in industry with our academic and student community.
Students also have the opportunity to develop leadership skills as part of our Leaders in Residence initiative, which gives management students the opportunity to engage with senior figures from the world of business. This is a rare opportunity where successful and established business people will help you connect the theory of your course to real world practice, and offer their advice for career success.
As two leading academic institutions in Europe, HEC Paris and Technical University of Munich – School of Management have joined forces to create the Master in Management & Innovation double degree. This program provides a unique combination of management and technology expertise and is designed for high-potential students who aim to be the innovation managers of the future.
The students pursuing this double degree will be equipped with a set of skills as well as a strategic mindset in order to face the fundamental transformations regarding innovation.
TUM School of Management at Technical University of Munich (TUM), established in 2002, is building a bridge between management and technology studies with an international teaching and learning environment. Consistently achieving top positions in of business schools’ rankings in Germany, TUM School of Management attracts students and researchers from all over the world and has created a dynamic, inspirational and international community.
HEC Paris is a world-leading business school, boasting world-class degrees, faculty, and research (see HEC rankings). Since 1881, the school is dedicated to selecting the highest potentials and guiding them all the way to professional success and personal thriving.
Megatrends, such as growing globalization, new and more complex technologies, increasingly shorter innovation cycles and rising cost pressure are leading constantly to higher requirements that need to be met by intra- and entrepreneurs, as well as by future executive players in businesses.
The aim of the HEC Paris / TUM Master in Management & Innovation is to provide further education to young professionals in the areas of General Management, Innovation, Entrepreneurship and Technology. With this high-quality double degree, the students gain all the competences they need to become innovation managers and the necessary know-how to apply their skills in business administration in all relevant technological surroundings. They are, therefore, highly attractive to potential employers, since in-depth knowledge at the interface between management and technology is in high demand in the business world.
The students in the Master in Management & Innovation have the opportunity to study in two vibrant European cities. Both TUM School of Management and HEC Paris boast campuses with fantastic sports and social facilities, including international student bodies. Therefore, they gain an international experience and meet a diverse group of high-level fellow students.
HEC Paris and TUM School of Management are devoted to helping their students build their career path. Each of the institutions has privileged connections with the business world and prestigious partners along with dedicated career departments that provide the students with personal advice, career events, workshops, and job boards.
The HEC Alumni network alone amounts to more than 52,300 members in 127 countries.
The students in the Master in Management & Innovation spend their first year at HEC Paris and second year at TUM. The curriculum includes classes and internships, as well as the preparation of the Master’s Thesis (*either at TUM School of Management or HEC Paris).
All courses are given in English, however, French and German language courses are offered at both Institutions.
The M1 year at HEC Paris is dedicated to General Management while the M2 year at TUM focuses on Innovation, Entrepreneurship and Technology.