TUM Track: Heilbronn & Munich Double Degree Track: Paris & Munich

Master in Management &InnovationTwo Tracks – More Possibilities

Technical University of MunichTUM School of Management

3

Welcome 4

Program Overview – TUM Track 6

Program Overview – Double Degree Track 7

About TUM – Technical University of Munich 8

About TUM School of Management 9

About TUM TrackMaster in Management & Innovation 10

About Double Degree Track Master in Management & Innovation 18

What Our Students Say 24

Where Our Students Come From 26

Meet Some of Our Lecturers 27

Admission, Fees & Financing 28

Alumni Association 29

Imprint 30

Contents

54

WillkommenWelcome

Bienvenue

Want to become an entrepreneur or an intrapreneur at a global company? Then make sure you start out with the right university program!

The Technical University of Munich (TUM) is one of the leading research universities in Europe, specializing at the

interface of technology and management. According to the latest ranking by Reuters, it is one of the top ten most

innovative universities in Europe.*

TUM School of Management is an integral part of TUM. Since 2017 it has also been one of a distinguished

international group of business schools that hold Triple Crown accreditation, being recognized simultaneously

by AACSB, AMBA and EQUIS. The Master in Management & Innovation is aimed at Young Professionals and

combines excellent teaching in management with in-depth specialization in innovation, entrepreneurship and

technology.

Our students come from a wide range of backgrounds and bring a variety of skills to the table. Current

participants come from countries as far away as Japan and Guatemala. Their previous professional expe-

rience contributes to exciting discussions with the lecturers and other students, and helps to create a truly

dynamic, inspiring and international atmosphere.

Professor and Chair of Strategic and

International Management,

Vice Dean International Affairs & Alliances,

Academic Program Director Master in

Management & Innovation

Technical University of Munich

* New Reuters Ranking, TUM stands alongside Europe's most innovative universities,

https://www.tum.de/nc/en/about-tum/news/press-releases/details/35402/

Studying the Master in Management & Innovation is never dull. Cutting-edge research informs the program and

our faculty is always happy to discuss their work with students. Students do internships and take part in projects

during the program. Current students also reaped the benefits of a study trip to China. Another highlight of the

program is a visit to MakerSpace, where students can put their creativity into practice on a real business project.

A Master‘s from TUM School of Management can be a powerful boost to your career as we have formed partner-

ships with highly reputable companies. Our students truly immerse themselves in their project work and we

specialize in helping them get the most out of it while making the best use of modern technology.

Students enjoy the School‘s interactive learning environment and small class sizes, in which group work, case

studies, presentations, guest lectures and company visits enable them to build bridges between theory and the

world of work. To be sure that prospective students know what they‘re getting into, we organize international

events so that we can meet them in their home towns. We also offer online consultations.

Embarking on your studies with the Master in Management & Innovation is a real investment in your future. I look

forward to welcoming you at the Technical University of Munich and at our new campus in Heilbronn – a region

famous for its global market leaders and „hidden champions“.

Prof. Dr.Thomas Hutzschenreuter

76 76

Management & InnovationMaster in

Program Overview – TUM TRACK

Target Group

Young Professionals with their first work experience

Start

October 2020

Program Features

• Real-life project works at German

and international companies

• International Study Trip

• Study in small groups with easy access to the expertise

of professors and industry experts

Degree

Master of Science (M.Sc.) from

the Technical University of Munich

Locations

Heilbronn, China and Munich

Duration

4 semesters full-time (2 years)

Accreditations

Accredited by AACSB, EQUIS and AMBA

Structure

• The first semester takes place in Heilbronn

• The second semester takes place in Germany and China

• The third semester of the TUM Track takes place in Munich

• The fourth semester is spent researching

and writing your Master‘s Thesis

Teaching Methods

Case studies, interactive lectures, team projects, workshops,

simulation games, project works at German companies,

company visits, evening sessions and internship.

Program Language

English

International Study Trip

Students will gain international experience during a

four-week study trip to Tsinghua University in Beijing and

Shenzhen.

Requirements

• Undergraduate degree (bachelor or similar)

• Professional experience

(at least 12 months, full-time – internships count!)

• Proof of proficiency in English

Tuition Fee

EUR 28,000 (plus student union fee) covers all four semes-

ters of the program. Also note that flight/accommodation

for the China study trip are not covered by the tuition fees.

Target Group

Young Professionals with their first work experience

Start

September 2020

Program Features

• Double Degree Track: Paris (Jouy-en-Josas) & Munich

• Graduate with two degrees from two of Europe’s top

business schools

• Study in small groups with easy access to the expertise

of professors and industry experts

Degree

TUM: Master of Science (M.Sc.)

HEC: Master in Management Grand Ecole Degree

by HEC Paris

Locations

Paris and Munich

Duration

4 semesters full-time (2 years)

Accreditations

Accredited by AACSB, EQUIS and AMBA

Structure

The first two semesters of the program take place in Paris.

The third semester in Munich is taught in a modular format,

with two-week clusters of lectures/discussions/projects,

and breaks in-between to complete readings, preparation,

and group work. The fourth semester is spent researching

and writing your Master’s Thesis.

Teaching Methods

Case studies, interactive lectures, team projects, workshops,

simulation games, projects within companies, company visits

and evening sessions

Program Language

English

Requirements

• Undergraduate degree (bachelor or similar)

• Professional experience

(at least 12 months, full-time – internships count!)

• Proof of proficiency in English

• GMAT or GRE score.

• Two references (submitted electronically)

Program Partner

HEC Paris - École des hautes études commerciales de Paris

Tuition Fee

EUR 37,700 (plus student union fee) covers all four semesters

of the program

Program Overview – DOUBLE DEGREE TRACK

98

566 Professors172 Degree Programs

42,700 Students

About TUM

Technical University of Munich The Technical University of Munich (TUM) is one of Europe’s leading universities in research and tea-

ching. As the Entrepreneurial University, it doesn’t just seek to understand the world – it sets out to im-

prove it. That is why the entire university revolves around one core goal: innovation.

TUM’s unparalleled range of disciplines covers engineering and natural sciences, life sciences and medicine,

management and social sciences – a combination found nowhere else in Europe. TUM leverages this enormous

potential by combining the different subjects intelligently. This inspires modern fields of research, ranging from

bioengineering to machine intelligence. At the same time, TUM connects technological change with social, poli-

tical and ethical issues more closely than many other technical universities. TUM leads Germany in terms of the

number of start-ups it produces – the result of a support infrastructure unrivaled in Europe. The university also

builds longterm research partnerships with innovative global players, and more and more companies are esta-

blishing roots directly on campus.

TUM School of Management TUM School of Management is one of Germany’s leading business schools. Ever since its foundation,

its unique value proposition has been to pursue research and teaching at the interface of management,

engineering and the natural and life sciences.

The physical proximity of these various disciplines at TUM allows us to address technology-oriented research

questions relating to management. This would be impossible if we did not form part of a larger technical univer-

sity. Based on our interdisciplinary approach to teaching, we educate future managers who are equally at home

talking to management experts or engineers and scientists. Thanks to the supportive environment at TUM – The

Entrepreneurial University, a considerable number of our graduates create start-ups in technology-based indus-

tries. Many of our former participants in executive education now work in leading positions. We have prepared

companies to face future challenges and helped them introduce new types of leadership. In the coming years,

we aim to address the major transformational trends of digitalization, the UN Sustainable Development Goals

and globalization. We will use our research skills to help solve the grand societal challenges. We will educate our

students to meet the challenges posed by digital transformation and make them more sensitive to issues related

to sustainable development. We will exploit the possibilities that digitalization offers for research, teaching and

learning. And consistent with these ambitions, we will strive to become increasingly international in our outlook

and activities.

About TUM School of Management

Triple Crown Accreditation5,080 Students

1110

Join this Unique Master Program andEnhance Your Career with Benefits such as:

• Study at one of Europe’s most renowned

universities at its Munich and Heilbronn campuses.

• Dive deep into technology and innovation

management.

• Discover the latest technological trends and

their effects on current management.

• Acquire extensive knowledge in general management,

innovation and entrepreneurship.

• Get to know the “German Mittelstand“

(middle-sized “hidden” champions in their

specialized fields) through immersive connections

to family-operated, internationally successful

businesses in the Heilbronn-Franken region via

company visits and project work.

• Take part in a fascinating study trip to one of China’s

top universities – Tsinghua University, with the option of

completing an internship in a Chinese organisation.

• Gain additional international experience by studying

in a diverse group of fellow participants.

• Unlock your Entrepreneurial spirit: study in the

heart of one of the most innovative regions in Europe,

where you can prepare yourself for the challenges of the

market via the Campus Founders program.

Why Choose the Master inManagement & Innovation “TUM Track”?

In the Master in Management & Innovation program, you

will build all the necessary skills to meet the business

challenges of the future as an innovation manager. Our evi-

dence-based education will provide you with the know-how

to apply your business administration skills in relevant tech-

nological environments. You will learn to create smart solu-

tions at the interface of management and technology, and

to achieve your goals working with diverse teams.

Over the course of this program, you will not only have the

chance to work with successful businesses of varying si-

zes on real-life projects to apply your learning hands-on.

You will also embark on a unique international experience in

China, featuring a variety of courses and optional internships.

Under the heading “Doing Business in China”, the excur-

sion consists of four weeks at Tsinghua University in Beijing

and Shenzhen. Afterwards, you will have the opportunity to

complete an on-site internship at a Chinese organization or

in a third country.

The entire Master in Management & Innovation program is

supplemented by additional offerings such as company vi-

sits and presentations from guest lecturers from different

management backgrounds. Language classes and intercul-

tural training sessions will prepare you for working abroad

and in international teams.

Acquire a Skill Set toEnhance Your Personal Profile:

• Ability to connect insights from different disciplines

such as business administration, entrepreneurship and

innovation and apply them effectively to all important

business activities.

• Recognize the potential of innovations and

technological trends for businesses and guide their

implementation in new processes.

• Operate with an entrepreneurial mindset to define

strategies and achieve financial targets.

• Analyze strategic decisions and apply current

tools for successful decision-making.

• Choose and apply appropriate leadership

concepts in different situations.

• Recognize best practices and develop new standards

for specific challenges in technology management.

• Evaluate potential financial and investment projects,

weighing relevant opportunities and risks.

• Gain persuasive presentation and communication skills.

During the first semester at TUM Campus Heilbronn,

participants engage in a wide variety of business courses

in order to gain a thorough understanding of best practi-

ces in general management and Small and Medium sized

enterprises. Semester 2 begins with project work at a

German company, followed by a four-week international

study trip to China and finishes up with an international

internship in a country besides the student‘s home country.

The third semester at TUM Campus Munich goes on to

develop the tools for tomorrow’s innovation managers:

technological insights, real-life project work, and personal

development courses. Finally, participants can choose to

write their Master’s Thesis in cooperation with a company

or on a research topic in Munich or Heilbronn.

Heilbronn &Munich

About TUM Track Master in Management &Innovation

1312

Heilbronn &Munich

Program Structure TUM Track

Semester 1: Heilbronn

Semester 2: Heilbronn & China

Semester 3: Munich

Semester 4: Munich or Heilbronn

Master‘sThesis

TechnologicalTrends

Personal & Leadership

DevelopmentGrowth Strategies &

Business Models

Innovation

Prototyping

Master inManagement& Innovation

Doing Business

Abroad

Inte

rnat

iona

l Man

agem

ent

& Inte

rcult

ural

Collabora

tion

II

Pro

ject

Wor

k I

(SM

E‘s

)

Strategic Management& Economics

Operations &

Supply Chain Management

Financial

Accounting

Financial

Managem

ent

International Managem

ent

& Intercultural C

ollaboration I

See here for more information:

www.wi.tum.de/master-innovation-program-structure

Project W

ork

(Munich E

nterprises/S

tart-Up‘s)

1514

Professional Education and Training

The continuing rollout of entrepreneurial activities at TUM Campus Heilbronn

means that we can offer new forms of professional education and training

via our Executive Education Center. By generating research in the key area

of digitalization, and with excellently equipped educational institutions in two

of Europe’s most important economic regions, we can prepare the economic

leaders of tomorrow for future socioeconomic upheaval. We will also be using

our Executive Education platform to experiment with innovative approaches.

Facilities at TUM Campus Heilbronn

Bildungscampus Heilbronn is one of the most ambitious higher edu cation

projects in Germany today, providing first-class facilities for research and

teaching for three universities. Its aim is to attract faculty, postdocs and stu-

dents from all over the world. The architecture of the Campus is designed to

enable close interaction between staff and students.

The last months at Bildungscampus Heilbronn have seen the establishment

of a number of new institutions and facilities. We’ve opened a new library

where students have access to a number of books, ebooks and technological

devices. TUM also created a brand new XR-Lab where students can explore

the world of Virtual Reality and digital teaching and learning methods. In 2020

we’ll witness the grand opening of the new Student Dining Hall, which is an

architectural highlight on Bildungscampus Heilbronn.

CampusHeilbronnAbout TUM –

As part of an initiative by the Dieter Schwarz Foundation (DSF), TUM

School of Management is creating a teaching and research facility at

Bildungscampus Heilbronn (Heilbronn Education Campus).

The new center, known as TUM Campus Heilbronn, will focus on managing

digital technology, entrepreneurship and small or medium sized enter-

prises. It shares the vision, mission, values and strategy of the Technical

University of Munich and TUM School of Management.

Strategic Approach

The creation of TUM Campus Heilbronn represents a significant expansion of

TUM School of Management’s current strategy. By focusing on the manage-

ment of digital change, the School will be able to implement one of its main

strategic objectives in two important economic regions in Europe: Munich

and Heilbronn. TUM Campus Heilbronn also closes a major gap by building

connections with small and medium sized enterprises. While the Munich

campus focuses more on working with DAX companies, large corporations

and start-ups, the Heilbronn campus enables close cooperation with local,

small and medium sized enterprises, many of which are hidden champions in

the high-tech sector and important players in the economy as a whole.

1716

TUM Track

ApplicationHeilbronn &

Munich

Application Procedure

• Please contact the Admission Manager Charles Ewing

(youngprofessionals@wi.tum.de) to start the application process.

• Submission of application documents via TUMonline portal

• Selected candidates will be invited for a face-to-face or web-based interview

Admissions Requirements

• First university degree (Bachelor or equivalent) in any field

• Up-to-date academic transcripts (exchange programs included) and GPA

• Proof of one year of full-time work experience

• Current CV

• Letter of Motivation

• Copy of Passport

• Proof of proficiency in English (TOEFL, IELTS or Cambridge)

• A preliminary documentation certificate (VPD) from uni-assist,

if you obtained your degree outside the EU

Application RoundsPlease submit your application no later than:

• Round 1: May 15, 2020

• Round 2: July 31, 2020*

• Round 3: Sept 1, 2020

Contact: Janice Au, Program Manager TUM Campus Heilbronn

Phone: +49 (0)7131 26418 303

E-Mail: youngprofessionals@wi.tum.de

wi.tum.de/master-innovation

* recommended for international applicants who earned their degree outside of the EU

to guarantee a timely completion of the application process.

Apply for the Master in Management & Innovation

TUM Track:Heilbronn &

Munich

19

Join this Unique Master Program andTake Advantage of its Many Benefits: • Study at two of Europe’s most renowned universities:

Technical University of Munich and HEC Paris

• Dive deep into technology and innovation management

• Discover the latest technological trends and their

effects on modern management

• Acquire extensive knowledge in general management,

innovation and entrepreneurship

• Gain international experience and meet a diverse group

of fellow students

• Benefit from the extensive alumni networks of

TUM & HEC Paris

Why the Master in Management &Innovation “Double Degree Track”?

The TUM School of Management and HEC Paris have joi-

ned forces: HEC Paris is well-known for its excellent ma-

nagement education, and TUM School of Management is at

the nexus of science, business leadership, and the Munich

start-up scene. The four-semester Master in Management &

Innovation Double Degree program is aimed at young pro-

fessionals with their first experience in the business world

who would like to bridge the gap between technology and

management. Graduates from this unique English-langua-

ge program will be the innovation managers of the future,

with a unique ability to understand the needs of companies

dealing with technology and innovation projects.

What will I learn?

In the Master in Management & Innovation Double Degree

program, students gain the skills they need to become highly

capable innovation managers. This degree equips students

with the know-how to apply their skills in business adminis-

tration and technological surroundings. You will learn how

to create smart solutions at the crossroads of management

and technology, and to work professionally and pursue your

goals in international and interdisciplinary teams.

Acquired skills include: • Connecting knowledge from different disciplines,

such as business administration, entrepreneurship

and innovation, and applying it effectively in

important business activities

• Recognizing the potential of innovation and techno-

logical trends in organizations and their implementation

in new processes

• Acting with an entrepreneurial mindset to define

strategies and achieve financial targets

• Analyzing strategic decisions and applying the

tools of modern strategic management for successful

decision-making

• Appropriately applying leadership concepts

in different situations

• Recognizing best practices and developing new

standards for specific challenges in technology

management

• Evaluating potential finance and investment

projects, taking opportunities and risks into account

• Presentation and communication skills

Attractive for employers

After completing this program, you will be attractive for

potential employers, as in-depth knowledge at the intersec-

tion of management and technology is highly in demand in

the business world.

Master in Management &Innovation

Paris &Munich

About Double Degree Track

18

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Program Structure Double Degree Track Paris &

Munich

Semester 1: Paris

Semester 2: Paris

Semester 3: Munich

Semester 4: Munich

GeneralManagement I

GeneralManagement II

Master‘sThesis

Master inManagement& Innovation TechnologicalTrends

Personal & Leadership

DevelopmentGrowth Strategies &

Business Models

Innovation

Prototyping

See here for more information:

www.wi.tum.de/master-innovation-program-structure

Project W

ork

(Munich E

nterprises/S

tart-Up‘s)

2322

HECParisAbout

HEC Paris is one of the world‘s leading business schools, whose

prestigious Master in Management program is ranked #2 worldwide

(2017 Financial Times ranking).

The knowledge HEC Paris imparts to its students is based on cutting-

edge research in all fields of management science. It is tested in real-world

contexts, constantly updated, and fully aligned with the expectations of the

business world. Over the years, HEC Paris has developed extremely close

relations with the corporate world, providing HEC students with thousands

of opportunities, including five international job fairs, numerous professio-

nal workshops, mentoring with alumni, conferences with prestigious guest

speakers and CEOs, business games, and academic awards sponsored by

leading international companies. Founded in 1883, the HEC Alumni Associa-

tion is one of the most powerful in Europe with more than 52,300 members in

132 countries. It provides a platform for exchanging experiences, ideas, and

information, facilitates entry into the professional world, and accompanies

career advancement.

École des hautes étudescommerciales de Paris

Apply for the Master in Management & Innovation

Double Degree Track:Paris &

MunichApplication Procedure 1. Apply online: www.hec.edu/masters-programs

2. Selected candidates will be invited for a face-to-face

or web-based interview

Admissions Requirements • A bachelor’s degree or higher in any field

• Proof of proficiency in English

(TOEFL, TOEIC, IELTS or Cambridge)

• GMAT or GRE or TAGE MAGE

• Proof of one year work experience

• A successful admission interview

Application RoundsPlease submit your application no later than:

• Round 1: October 22, 2019

• Round 2: January 7, 2020

• Round 3: March 3, 2020

• Round 4: April 28, 2020

• Round 5: June 2, 2020

Contacts: TUM: Charles Ewing, youngprofessionals@wi.tum.de

HEC Paris: hecprograms@hec.fr

wi.tum.de/master-innovation

2524

TestimonialsOpinions

„The Master in Management & Innovation at TUM in Heilbronn has been an

eye-opener for me. The faculty are amazing – we are even on first-name terms with them, which is

refreshing. But what is really useful is the discussions and group work during the classes. The students

come from all different backgrounds and countries so you get to hear very different perspectives. Sometimes

I think you learn as much from the students as you do from the professors! Plus, everyone brings their own angle to the

project work, so it‘s just like real life, with maybe an engineer, a legal expert and an HR expert working together in one

team. Perhaps the best thing, though, is the first-hand knowledge that you get from working with companies based in

the area around Heilbronn, which is home to many R&D facilities for major German companies, some huge industry

players and a number of „hidden champions.“

Martin JankoskiStudent of the Master in Management & Innovation – TUM Track

„Having pursued seven years working in sales management and PR in Japan, I decided

to take the Master in Management & Innovation as a way to discover what area I wanted

to focus on in my career. In Japan we typically work as generalists with a broad range of responsibilities, which ena-

bles us to develop our business skills. But I wanted to take my career to the next level and become a specialist. As

a result of doing the Master‘s, I discovered that I was most interested in finance. In fact, I‘m studying to become

a CPA and also worked as an intern in Sales Controlling at Bosch, one of the leading businesses in the Stuttgart-

Heilbronn area. During the Master‘s, I was really inspired by the discussions with the other students, who came from

eight different countries. Now, I‘m excited about my future working in an area that combines technology and finance.“

Yuka NaganoStudent of the Master in Management & Innovation – TUM Track

Maximo BastonStudent of the Master in Management & Innovation – Double Degree Track

Trainee – INspire - the Leaders’ Lab, Daimler AG

Julia GoldbergStudent of the Master in Management & Innovation – TUM Track

„I chose the Master in Management & Innovation because of my passion for technology

and innovation. What I like most about the program is the combination of studying with people from

all over the world, gaining international experience and having the chance to put your theoretical knowledge into practice in a

real-life project. The trip to China in particular gave me a different view on China‘s growth and innovation potential – and also

the chance to work in one of the world‘s largest economies.“

Maximilian YazdtschiGraduate of the Master in Management & Innovation – Double Degree Track

„The Double Degree at TUM School of Management in Munich and the HEC in Paris really

set me up for my later professional life. Apart from some unforgettable moments at both locations, I made many new con-

tacts and was able to build up a strong international network. The project-related work on real problems at TUM was good

training with regard to structured working methods and self-organization. In Paris I appreciated the really international

student body, which broadened my cultural horizons. Students at TUM have access to the latest technical infrastructure,

combined with all the excitement of living in Munich. The campus in Jouy-en-Josas in Paris also offers all the facilities that

students need and provides an excellent learning environment.“

„I was particularly impressed by the way theory and practice were interwoven in the

Master in Management & Innovation at TUM School of Management in Heilbronn. As a working student from the com-

pany AEB in Stuttgart, I was able to apply my experience directly to my project work. The two areas were perfectly

coordinated: The topics that the professors developed with us were reflected in my work at the company, and I could

apply the knowledge I gained in the classroom in my day-to-day work.“

Teresa KieferStudent of the Master in Management & Innovation – TUM Track

“The Heilbronn site is a hidden jewel. I especially enjoyed the German Federal Garden Show,

which is great for relaxing. The Campus itself is very modern and offers well-equipped lecture halls. The classes are

like seminars: we can ask questions and discuss our ideas with each other and with the lecturers. This is unlike any-

thing I have experienced in my studies before. Studying in a multicultural, international environment has helped me to

understand management and innovation much better. I have been able to combine what I have learned here at TUM

with my previous professional experience to create value for others.“

Ange OuStudent of the Master in Management & Innovation – TUM Track

„I did the Double Degree Master in Management & Innovation at TUM in Munich and the

HEC in Paris. In Paris the majority of students live on campus, which creates a sense of community and means you

have great opportunities to network and make friends with business students from around the world. In Munich, on

the other hand, TUM students generally don‘t live on campus, but that meant that I could connect with students not

studying business, such as engineers, computer scientists and natural scientists. One of the coolest things about the

TUM campus is UnternehmerTUM in Garching, an entrepreneurship center that offers everything you need to carry

out a project, including financing, office space and the Maker Space, a high-tech workshop where you can build

prototypes using 3D printers, for example.“

What OurStudents

Say

2726

Prof. Dr.

Christoph Kaserer

Financial Managementand Capital Markets

Prof. Dr.

Rainer Kolisch

OperationsManagement

Prof. Dr.

Philipp Maume

Corporate Governanceand Capital Markets Law

Prof. Dr.

Hana Milanov, Ph.D.

InternationalEntrepreneurship

Prof. Dr.

Stefan Minner

Logistics and SupplyChain Management

Prof. Dr.

Holger Patzelt

Entrepreneurship

Prof. Dr.

Claudia Peus

Research andScience Management

Prof. Dr.

David Wozabal

Investment, Finance and RiskManagement in Energy Markets

Prof. Dr.

Oliver Alexy

StrategicEntrepreneurship

Prof. Dr.

Gunther Friedl

Controlling

Prof. Dr.

Jürgen Ernstberger

Financial Accounting

Prof. Dr. Thomas

Hutzschenreuter

Strategic andInternational Management

Prof. Dr.

Martin Grunow

Production and SupplyChain Management

Prof. Dr.

Helmut Krcmar

Computer sciencein economics

Meet Some of OurLecturers

Our students learn from one another as they come from

different academic and cultural backgrounds.

Where Our StudentsCome From

58 %

2 %2 %

10 %

28 %

Origin Europe Asia South America Africa North America

60 %

2 %

10 %

28 %

Economics Engineering Social sciences Natural sciences

Academicbackground

“The students of the program are very international.More than half of the students come from different countries like

China, India, Peru, Thailand, Finland, Japan and many more.”

2928

TUM School of ManagementAlumni Association

Our alumni organization connects graduates, students and represen-

tatives of industry. Studying at TUM School of Management is a rewar-

ding and rich experience. The contacts you make during your studies

can develop into lifelong friendships and advance your career.

TUM Management Alumni e.V. brings our alumni, students and partners toge-

ther. In addition to expanding the network, we also promote education, trai-

ning, science and research. We are convinced that personal contacts are just

as important in business as professional performance. We therefore organize

numerous events and seminars to create a platform for our members to meet,

network, get to know each other and work together.

TUM School of ManagementAlumni e.V. is open to the following groups of people:

• current students, including undergraduates, master’s students

and doctoral candidates

• all graduates of TUM School of Management

• members and scientific staff of our School

• corporate partners

To find out more, visit network.wi.tum.de

Be part of the network!

Payments, Deadlines and Financing Options

The tuition fees cover the academic courses, including the periods at our

partner centers. It also includes required course materials, examination fees

and the use of the libraries and other services at Technical University of

Munich. The tuition fee amounts to € 28,000 (TUM Track) or € 37,700 (Double

Degree Track) and is payable in four installments over the course of the pro-

gram. Other costs incurred by participants include travel and accommoda-

tion (stays abroad and in Germany) and the student union fee.

Tax Benefits for Further Education

We wish to draw your attention to the fact that the financial burden of the

course may be reduced by tax deductions. Please seek advice from a tax

consultant. Expenses arising from continuing education are considered pro-

fessional expenses and may lower your tax burden. The costs of continuing

education are deductible in some cases. Tax information and suggestions

contained in this brochure are provided without liability.

Education Funding / Student Loans

Many financial institutions now offer student loans, as a way of paying

tuition fees. We recommend that you contact your bank to discuss financing

options.

Please approach us directly if you have questions about financing and

funding options.

AdmissionFees &

Financing

30

Publisher Prof. Dr. Claudia Peus

Vice Dean of Executive Education,

Executive Education Center, TUM School of Management

Editing

TUM School of Management

Editorial Office

Technical University of Munich

TUM School of Management

Arcisstr. 21

80333 Munich / Germany

Photos

Cover: AdobeStock 316503617/nd3000; Page 4: Prof. Dr. Hutzschenreuther /

A. Eckert + A. Heddergott/TUM; Page 4/5 Background: freepik.com/topntp26;

Page 8/9 Background: shutterstock.com/yotily; Page 12/13 & 20/21 Background:

freepik.com/mrsiraphol; Page 15: Matt Stark Photography; Page 17/18: Matt

Stark Photography ; Page 20: Matt Stark Photography ; Page 24/25 Background:

freepik.com/freepik, freepik.com/raevsky_lab; Page 26 Background: freepik.com/

vgstockstudio; Page 27: A. Eckert + A. Heddergott/TUM facebyfrank ; Page 29

Background: freepik.com/javi_indy

Disclaimer While all reasonable efforts have been made to ensure that the information

in this publication is correct, matters covered by this publication are subject

to change. The TUM School of Management accepts no liability for any loss

or damage caused by errors or omissions, howsoever caused.

Published April 2020

Imprint

Contact

Technical University of Munich

TUM School of Management

Arcisstraße 21

D-80333 Munich

Tel.: +49 (0)89.289.28474

Fax: +49 (0)89.289.28484

youngprofessionals@wi.tum.de

www.wi.tum.de