Overview of the M.Sc. in Management – Innovation and Technology Management 

The unique format of the M.Sc. in Management places general management topics (modules in grey-shaded fields) in direct alternation with modules specific to ITM. This format gives you an opportunity to apply management knowledge directly to the field of Innovation and Technology Management.

The module descriptions give you an idea of what topics to expect in each module. Below the descriptions, you will find information about the academic requirements and examinations for the modules.

Module Descriptions

Management and Management Studies

  • Understanding of tasks and forms of management
  • Management, management theory and studies, management as a social science
  • History of the theory of management
  • The practical relevance of management studies

Strategic Innovation Management

  • Core concepts
  • Innovation strategy: definition and implementation
  • Market entry strategy
  • Innovation networks and collaborations, Open innovation
  • Internationalization of research and development

Management of Value Creating Relationships

  • Supply chain management
  • Production and logistics management
  • Network planning and critical path analysis
  • Process and information management

Technology Strategy and Business Models

  • Technology strategy development and scouting
  • Industry 4.0
  • Big Data, business analytics
  • Innovative business models as a competitive advantage
  • Digital business models, co-creation

Strategic Management and Management of Market Relationships

  • Strategic management
  • Marketing theory
  • Value-oriented customer management and sales
  • Market research: primary/secondary, qualitative and quantitative
  • Multivariate analytical methods, incl. time series analysis

Product and Service Management

  • Market-oriented product and service planning: Product and market strategy, Analysis of customer preferences, Supplier integration
  • Product and process development: Product architecture, Product service systems, Concept development, Supplier integration
  • Product introduction and production control: Market cultivation strategy, Product life cycle an product differentiation strategies, Brand management

Economics, Law, and Responsibility

  • Economic stakeholders and economics
  • Business, ethics, and responsibility
  • Information, institutional und behavioural economics
  • Macroeconomics and globalization
  • German and international business, corporate and labour law

Law in Innovation Management

  • Industrial property protection at the national and international level (patents, brands), employee invention law
  • Data privacy, data security, internet law
  • Fundamentals of competition and copyright law
  • Product and producer liability

Human Resource Management

  • Organizational behaviour
  • Motivation and leadership
  • Managing teams
  • Human resource and personnel management 
  • Leading in an intercultural context

Innovation Culture and Change Management

  • Idea generation methods (creativity techniques, design thinking)
  • Organizational interventions for change and innovation
  • Leadership in innovation and change processes
  • Organizational resilience and dynamic capabilities
  • Corporate entrepreneurship

Value-centered Management and Controlling

  • Corporate finance
  • International financial reporting
  • Value-centered controlling
  • Balance sheet and corporate analysis

Process Management

  • Managing innovation processes from idea generation to implementation (e.g., evaluation methods, stage gate process), monitoring innovation processes
  • Cost management: target cost management, benchmarking, value analysis
  • Quality management: elementary QM tools (process analysis, FMEA), statistical methods of QM, QM systems (DIN ISO), TQM
  • Strategic IT management, economic added value of IT, business-IT alignment

Academic Requirements and Examinations

Module Requirements

Management and Management Studies Exam (70%), Paper (20%), Participation (10%)
Strategic Innovation Management Exam (45%), Assignment (45%), Participation (10%)
Management of Value Creating Relationships Exam (45%), Assignment (45%), Participation (10%)
Technology Strategy and Business Models Assignment (70%), Paper (20%), Participation (10%)
Strategic Management and Management of Market Relationships Assignment (70%), Paper (20%), Participation (10%)
Product and Service Management Exam (45%), Assignment (45%), Participation (10%)
Economics, Law, and Responsibility Exam (45%), Assignment (45%), Participation (10%)
Law in Innovation Management Exam (70%), Paper (20%), Participation (10%)
Human Resource Management Assignment (70%), Paper (20%), Participation (10%)
Innovation Culture and Change Management Exam (45%), Assignment (45%), Participation (10%)
Value-centered Management and Controlling Exam (70%), Paper (20%), Participation (10%)
Process Management Exam (70%), Paper (20%), Participation (10%)

Research Project

The Research Project receives 6 ECTS and takes place during the entire third semester. The goal of the Research Project is to conduct empirical research in close coordination with the supervising professor. Students collect and analyze the necessary data themselves. Often students address a logistical problem from their firm and develop new and innovative problem-sovling approaches based on scientific methods. The results are documented in a paper and presented to classmates during a seminar.

Master's Thesis

At the end of the programme, you will write a master's thesis in which you examine a topic in management scientifically. You are encouraged to work together with a firm for the thesis. We will give you thorough preparation during "Research Methods" to meet the requirements of the master's thesis. The written thesis receives 15 ECTS. After completing the thesis, you will defend it in a Final Examination (Colloquium). This part receives 3 ECTS.