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Product Overview

(TU Wien) Executive MBA: Innovation, Digitalisation & Entrepreneurship

At a glance:

  • Final Degree: Executive Master of Business Administration (EMBA) | Innovation, Digitalization & Entrepreneurship
  • Duration: 3 semesters + Master’s Thesis
  • Language: English
  • Programme Start: annually in October

Description

Turning great ideas into reality.

Business opportunities are constantly arising in new technologies and many ideas are just waiting for their commercial implementation. Especially at the interface between management and technology there is a great amount of unexplored potential. The ability to make use of it is a key qualification. Innovation always comprises both: a great new idea and its professional implementation. Analyzing technology paths, identifying innovation opportunities at an early stage and conducting business in an entrepreneurial way are the most important competitive factors of future-proof businesses.

With the Executive MBA Innovation, Digitalization, and Entrepreneurship you learn how to “read” the digital roadmap and how to incorporate creative solutions. You develop the appropriate skills, techniques and the drive to initiate and implement dynamic innovation as well as start-up projects.

Program start: annually in October 

Key learnings

  • Know-how about navigating your company or organization
  • Decision-making competence about management and new technologies
  • Empowerment of your leadership personality
  • Know-how and practical tools for developing innovation strategies in order to unfold the potential of new technologies at all levels
  • Additional qualifications in our electives Accelerator & Innovation Projects and Field Study to European hotspots

This MBA is the right choice if you aim to

  • start or grow a company,
  • become a proactive innovation lead in your organization,
  • understand your role as an entrepreneur or intrapreneur or
  • want to proactively effect change in your organization.

The MBA particularly addresses professionals with a technical or scientific background from the following areas:

  • (High) tech companies / organisations and business in different industries and operation fields
  • Non-profit organisations and public institutions
  • SMEs.
About TU Wien Academy for Continuing Education

Connecting Science, Technology & Business. Since 2005, the Academy for Continuing Education (ACE) has been the central contact for postgraduate education at TU Wien. In a world that is increasingly shaped by technology, we support our participants (TU graduates as well as specialists & managers) in achieving their individual goals and shaping our future. Through the knowledge of our renowned lecturers, we bridge the gap between research and business and combine scientific know-how with practical applicability. In this way, we refine your individual skills and sustainably increase your professional and private perspectives. The TU Wien Academy for Continuing Education team is looking forward to meeting you and supporting you with exciting, new insights and long-standing experience in postgraduate education.

Key Facts

Final Degree: Executive Master of Business Administration (EMBA) | Innovation, Digitalization & Entrepreneurship

ECTS credits: 92

Duration: 3 semesters + Master’s Thesis

Structure: Part-time, blocked in modules

Language: English (with optional German modules)

Admission Requirements: First academic degree; 3 years of work experience; admission interview

Locations: TU Wien, surrounding area of Vienna, possibility to complete a module abroad

Academic Director: Prof. Sabine T. Köszegi

Next Program Start: annually in October

Schedule

This program is designed for professionals and allows you to balance your job, family and MBA. It allows you to work whilst developing new entrepreneurial skills, knowledge and competencies. The program runs for 18 months and classes are taught in a block format usually from Thursday-Saturday or Friday-Sunday, usually about every 4 weeks. In total, the program consists of 45 teaching days.

Didactics

All modules are divided into a preparation phase, the in-class time and a follow-up phase.

Individual preparation phase

The individual preparation phase for a module includes pre-readings, preparation of case studies, preparation of presentations, essays, etc.

In-class time

The MBA classes use a wide variety of teaching and learning methods. These range from interactive case studies, simulations and calculations to classical presentations, but also include discussions, group dynamic exercises and reflections. Modules take place in full-day blocks and usually last between 3-5 days.

Individual follow-up phase

The individual follow-up phase is intended to consolidate or apply what has been learned in class. Depending on the module, the follow-up phase may include writing assignments, case studies, reflections or exams.

Curriculum overview

Leadership & Organisational Behaviour | 9 days (3×3 days)

You will learn

  • to explain the basics of behavior and the role of leadership in organizations.
  • differentiate between different leadership styles.
  • to analyze the behavior of employees and teams in organizations as well as of organizations.
  • to develop starting points for change initiatives.
  • to set clear priorities in your decision-making processes in order to influence your employees.
  • to describe group processes and to design them.
  • to define the development dynamics of organizations on a structural, processual and cultural level and to influence transformation processes through the methods learned.

Management & Technology Essentials | 15 days

In the Base Camp around the topics of “Management & Technology”, you will deepen your knowledge in the areas of “Finance, Accounting & Economics”, “Managing Technologies” and “Strategy & Marketing”.

Your key learnings in the area of “Finance, Accounting & Economics”

  •  to explain the basic aspects of internal and external corporate accounting, to apply them independently in the practical working environment and to use them for business decisions.
  • to solve practical financing and valuation problems by applying basic financial principles.
  • discuss macroeconomic relationships and current economic policy measures, apply central economic theories and concepts, and analyze the consequences of individual decisions in a market economy context

Your key learnings in “Managing Technologies”

  • the fundamental aspects of data science and technology management
  • to select appropriate methods for data collection, apply suitable estimation procedures, and to analyze the results of a routine sample survey.
  • describe basic concepts of probability and statistics and apply them to analyze simple data sets.
  • assess the impact of big data on businesses and how the analysis of (big and heterogeneous) data can be used in your working environment
  • understand the potential applications of new technologies from a management perspective
  • present new technologies and assess what influence they have on your work environment and how they can be used in the respective context.
  • present the basics of innovation processes on a company level, identify and apply important tools, models and methods of innovation management and develop innovation strategies.

Your key learnings in the area of “Marketing & Strategy”

  • to discuss the core topics of marketing and consumer behavior and to apply them in practice to specific situations
  • to create specific marketing analyses and strategic marketing plans
  • to explain the complexity of global business processes in a dynamic and competitive environment.
  • apply knowledge from various business disciplines, both individually and collectively to solve practical problems.
  • learn how to strategically manage internationally operating companies using performance indicators and financial ratios.

Master Class Innovation, Digitalization & Entrepreneurship | 15 days

This Master Class offers specializations in various topics:  Entrepreneurial Leadership & Technology, Sources of Innovation, Innovation Marketing, Innovation Strategy & Business Development, Organizing Innovation, Innovation Growth & Funding Organizing Innovation.

Your key learnings in Entrepreneurial Leadership & Technology and Business Development

  • to analyze and describe critical aspects of company formation as well as environmental influences and trends.
  • to identify relevant decision factors for the implementation of start-up and innovation decisions in large international technology companies as well as in start-up companies on the basis of real case studies.
  • to apply creative problem-solving techniques and manage ambiguity and complexity in a business context.
  • to conduct potential analyses
  • to develop global business plans
  • to develop financing plans to secure the necessary venture capital for start-ups.

Your key learnings in Organizing Innovation

  • to describe the advantages and disadvantages of different organizational architectures and to critically analyze organizational challenges of innovation processes.
  • to define the interfaces of innovation processes to other core functions of business administration (e.g. strategy, marketing).
  • to solve key organizational challenges to innovation using appropriate problem-solving skills, methods, and approaches.
  • to structure ideas and presentations, and to research, analyze, and summarize relevant information in a meaningful way.
  • to apply your teamwork skills
  • to apply your problem and conflict resolution methods and strategies.

Your key learnings in Innovation Management

  • to describe different market research approaches, different sources of innovation within and outside organizations, and different innovation strategies, and define the challenges of commercializing new technologies.
  • to describe approaches for the successful introduction and diffusion of innovations and apply them in your work environment.
  • to identify the main approaches and related methods for finding sources of innovation and their advantages and disadvantages.
  • to generate and apply innovation-related knowledge.
  • to evaluate yourcompany’s innovation strategy, propose improvements and become a proactive innovation promoter in your organization.
  • to apply the central instruments and concepts of strategic innovation management.
  • to analyze market situations and design appropriate go-to-market activities and marketing action plans.
  • to conduct structured analyses and to summarize and present them

Insight: Negotiations | 6 days

You will learn the essentials of successful negotiation:

  • develop an effective and appropriate mindset to conflict situations
  • Structure the negotiation process
  • apply concepts of strategy and tactics effectively
  • handle difficult situations with confidence
  • build solid business relationships and create future opportunities

Master’s thesis

In your Master’s thesis, you will work independently on a problem by applying scientific methods in a topic area of your own choice. In most cases, it is a question with practical relevance to your own working environment.

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Rosina Preis
Rosina PreisCompetence and Knowledge Manager for EU Projects CLC East

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