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innovation management

Innovation Management Master

Innovation Management (M.Sc.)

Profile

The Master's degree program in Innovation Management (M.Sc.) is a three-semester full-time course for graduates of business degree programs with a focus on innovation.

You will plan, manage and evaluate innovation processes in organizations. Contents include innovation strategies, business model development, change management and digitalization. The aim is to analyze complex problems in a structured way and derive viable decisions.

The degree program combines scientific methods with practical application through case studies, company projects and excursions.

You will develop skills in problem solving, teamwork, communication and critical analysis. Creative approaches play an important role.

After graduating, you will be qualified for work in innovation management, particularly in industries with a strong focus on digital change.

Career prospects

In innovation management, you can expect exciting tasks relating to the development and implementation of new ideas in companies.

You will help to successfully launch new products and services on the market and thus open up new markets.

At the same time, you will work on further developing existing products and services so that companies can clearly stand out from the competition.

Another important area is the optimization of internal processes: you help to make processes more efficient, strengthen companies and reduce costs.

You will also be involved in developing new business models in order to tap into additional sources of income and make companies fit for the future.

Idea and knowledge management also plays a central role - because innovation thrives on good ideas and the right approach to knowledge.

With a Master's degree, you are ideally prepared for a qualified position in various exciting sectors, for example

  • technology-intensive companies in the chemical, pharmaceutical, automotive, medical technology and mechanical and plant engineering sectors
  • dynamic, rapidly changing industries such as consumer goods or IT
  • Service companies such as banks, insurance companies or management consultancies

Why Innovation Management in Ludwigshafen?

Do you want to not only understand innovation, but actively shape it? That's exactly what this degree program is all about.

You will learn to think through innovations strategically and develop concrete solutions for practical application.

You will work directly with companies - from start-ups to international corporations - and get involved in real projects.

You will deal intensively with digitalization, artificial intelligence and new business models and learn how to use them specifically for innovation.

At the same time, you will develop your leadership skills : you will take on responsibility and learn how to lead teams successfully.

You are always close to current trends and technologies and recognize early on what will shape the economy of tomorrow.

And all this in small groups with personal support, where you are really seen and individually supported.

Why Ludwigshafen is the perfect place for you to study?

You will study in the heart of one of the strongest economic regions in Europe - the metropolitan area Rhine-Neckar. Around 160,000 companies are based here, including international corporations such as BASF, SAP, Roche, Heidelberger Druckmaschinen, HeidelbergCement, KSB and Fuchs Petrolub. At the same time, you will find many innovative SMEs, hidden champions and start-ups. A total of around 800,000 people work here and the region generates an impressive economic power of over 62 billion euros.

You also have excellent academic connections here: The region is home to 23 universities and colleges as well as more than 30 renowned research institutions - including the European Molecular Biology Laboratory, four Max Planck Institutes, the German Cancer Research Center and the Center for European Economic Research.

And there is also plenty to discover off campus: Thanks to the excellent infrastructure, you can get around quickly - with around 240 long-distance connections every day, well-developed public transport, eight highways in the immediate vicinity and only around 30 minutes to Frankfurt International Airport.

In your free time , you can also expect an enormous variety: over 230 museums, around 110 theaters, numerous concerts and festivals, four UNESCO World Heritage Sites, more than 120 castles and palaces as well as three large nature parks - ideal for discovering, relaxing and enjoying.

In short: in Ludwigshafen you don't just study - you are right in the middle of the action.

LUst on foreign countries?

While you are completing your Master's degree, you have the opportunity to gain international experience - for example with an internship or a semester abroad at one of around 150 partner universities worldwide.

Whether in almost all EU countries or in exciting destinations such as the USA, Australia, Taiwan or Korea - you decide where you want to go.

You will not only develop your professional skills, but also strengthen your intercultural skills and international profile.

Your stays abroad can even be credited to your degree course or be an additional semester to expand your personal and academic development.

We are convinced that a semester abroad is a real asset to your CV - and an experience that is always worthwhile, even if it means your studies take a little longer.

Contents & Procedure

In the first two semesters, you will lay the technical foundations for your studies and your future career with a total of 10 compulsory modules.

In the third semester, you will then focus entirely on your Master's thesis. You will have six months to work on an exciting topic independently and with a practical focus.

This allows you to combine in-depth knowledge with the opportunity to specialize intensively in a topic that really interests you.

    • Management Skills

      5 ECTS

      You will learn how to systematically analyze decision-making processes and use suitable methods and digital tools to support them. You will also be able to plan, structure and manage projects by taking work packages, milestones, risks and resources into account. At the same time, you will develop teamwork and communication skills, reflect on your own actions and remain capable of acting even in uncertain decision-making situations.

    • Basics of Innovation Management

      5 ECTS

      You will learn how to understand innovation and technology processes from the idea to implementation and how to analyze and design them using suitable methods. You will also be able to structure and evaluate innovation projects and develop solutions while applying theoretical knowledge in a practical way. At the same time, you will work in a team, present results clearly and develop an awareness of the strategic, cultural and ethical aspects of innovation.

    • Strategic Management

      5 ECTS The lectures are held in English.

      You will learn how to carry out strategic analyses and use suitable methods and tools to develop and evaluate corporate strategies. You will also be able to develop and evaluate strategic options for real companies and make well-founded decisions in complex situations. At the same time, you will work in a team, present your results convincingly and develop an understanding of the effects of strategic decisions under uncertainty.

    • Customer-centric go-to-market

      5 ECTS

      You will learn how to understand customer and market-oriented innovation processes and develop new products and services with the help of market analyses, user research and creative methods. You will also be able to plan go-to-market strategies, design market launches and improve user experiences in a targeted manner. At the same time, you will work in a team, present your results convincingly and develop an awareness of the economic, social and cultural impact of innovations.

    • Transformational Leadership

      5 ECTS

      You will learn how to understand leadership and change processes at an individual, team and organizational level and apply evidence-based methods in a targeted manner. You will also be able to plan, conduct and use research in a management context to analyze and solve practical leadership problems. At the same time, you will develop communication and leadership skills, reflect on your actions and take scientific and ethical standards into account.

    • Business Project

      5 ECTS

      You will learn how to systematically work on an independent scientific question in innovation management and apply theories and methods in a well-founded manner. You will also be able to collect and analyze data and develop comprehensible conclusions for complex problems. At the same time, you will present your results in a structured way, work in a self-organized manner and follow scientific and ethical standards.

    • Digitalization & Innovation

      5 ECTS

      You will learn how to understand and analyze digital business models and develop them further with the help of data, platforms and AI. You will also be able to design innovative solutions, evaluate use cases and shape the implementation of digital transformation in a practical way. At the same time, you will work in a team, present complex content in an understandable way and develop an awareness of the economic, social and ethical impact of digital innovations.

    • Circular Innovation & Sustainability

      5 ECTS

      You will learn how to understand sustainable and ethical business practices and apply concepts such as the circular economy and sustainable innovation. You will also be able to develop and evaluate sustainable business models and design solutions for environmental and social challenges. At the same time, you will work in a team, discuss complex conflicting goals and develop an awareness of the long-term impact of business decisions on the environment and society.

    • Business Analytics

      5 ECTS

      You will learn how to use business analytics and data science methods to analyze data and support well-founded business decisions. You will also be able to prepare data, develop models, define KPIs and create dashboards and reports. At the same time, you will work in a team, communicate results clearly and develop an awareness of the responsible and ethical use of data.

    • Latest Trends & Technologies

      5 ECTS

      You will learn how to identify and analyze technological, economic and social trends and assess their significance for innovations and business models. You will also be able to create trend analyses, develop scenarios and derive specific innovation impulses from them. At the same time, you will present your findings to the team, exchange ideas with experts and develop a critical, future-oriented understanding of dynamic change processes.

    • Thesis

      30 ECTS

      You will learn how to apply knowledge, theories and methods of innovation management to a topic of your choice and how to systematically and scientifically address complex issues. You will also understand how to independently plan research processes, collect and analyze data, document results in a structured manner and communicate them to the right audience. In addition, you will develop a professional scientific self-image, reflect on methodological and ethical requirements and make well-founded arguments in your specialist field.

Would you like to know more?

I would like to know which courses are behind the modules (table with additional information on SWS and ECTS).

I would like to know the content of the courses (module handbook).

Application & Admission

The "Apply" button will take you to a short guide on how to register and apply for the Master's degree program.

If you are not sure which documents need to be uploaded to the portal, you can find an overview here:

General application forms:

admisson requirements

Completed degree in economics or a comparable subject (business studies component at least 50%) with 210 ECTS and a minimum grade of 2.5.

As some of the courses are held in English, knowledge of English at level B2 is recommended.

If you have not yet completed your studies by the application deadline, you can apply if you have no more than 30 ECTS outstanding.

In accordance with Section 19 (3) of the Higher Education Act in conjunction with Section 2 (3) of the General Examination Regulations and Section 2 (3) of the Special Examination Regulations of the Ludwigshafen University of Business and Society as amended, anyone who has not yet successfully completed a Bachelor's degree program or an equivalent/related degree, but who can guarantee that they will obtain the degree within one semester of enrolling in the Master's degree program, may also be admitted to a consecutive Master's degree program.

In this case, enrollment is conditional. Enrolment expires if the missing qualifications are not proven by the end of the first semester at the latest. The final examination takes place after the end of the first semester.

We therefore recommend that you make an appointment with Ms. Christine Preis (0621/5203-182 or by email) before you apply. This will allow us to clarify in advance whether you have fulfilled the admission requirements at the end of your Bachelor's degree.

Do you have a Bachelor's degree with 180 ECTS? No problem - you can easily make up the missing 30 ECTS with us.

To ensure that you are admitted to the Master's thesis, we will support you in completing the outstanding credits in a targeted manner. To this end, a binding study agreement (vSV) is drawn up together with the head of degree program, which defines your individual path.

All you need is the completed application form and your supporting documents - for example certificates, job descriptions or other relevant confirmations. Simply submit these to Ms. Christine Preis.

In this way, you will find a clear and well-accompanied path to your Master's degree, even with 180 ECTS.

Study agreement MIM (pdf)

Study agreement MIM (word)

Application deadlines

Application for the winter semester:
August 1 of the current year
Application for the summer semester:
February 1 of the current year

We look forward to seeing you!

The team at the Student Service Center (SSC) will support you with all questions relating to application and admission.
Whether you need help with the application process or are unsure which documents are required - you will receive competent support here.


By phone and email (all day)

Email: ssc-bewerbung@ 8< SPAM protection, please remove >8 hwg-lu.de
Phone: +49 621 5203-0


On-site appointments

Mon and Tue: 09:30 - 12:00
Thu: 09:30 - 12:00 and 14:00 - 16:30
Wed and Fri: closed


If you have any questions about the content or focus of a particular degree program, the respective program manager of your desired degree program will be happy to help you. You can find them in the contacts below.

Contact us

Christine Preis

Programm Managerin

Ernst-Boehe-Str. 4 – 6
67059 Ludwigshafen

C 1.218+49 621 5203-182+49 172 6228383

SSC

Studierenden Service Center

Ernst-Boehe-Str. 4 – 6
67059 Ludwigshafen

C 1. OG+49 621 5203-0