Master In Management & Innovation HEC - TUM From HEC Paris

Master In Management & Innovation HEC - TUM

Hec Paris

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Program Overview

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.



  Course Duration

24 Months

  Tuition Fee



IELTS: 6.5 TOEFL: 90


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Master in Management & innovation HEC - TUM

The program offers you a perfect balance of theory and practice. Elective courses and numerous academic opportunities throughout the program at HEC and TUM allow you to customize the curriculum to your own needs and aspirations.


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. 




  • Business Performance Management
  • Company Law
  • Corporate Finance
  • Decision and Data Modeling
  • Financial Accounting
  • Financial Economics
  • Financial Markets
  • Leading Organizations
  • Marketing
  • Methods of Cost Analysis
  • Operations & Supply Chain Management
  • Statistics
  • Strategy




Finance, Economics

  • Bayesian Decision Analysis
  • Credit Rating
  • Financial Geography in Central and Eastern Europe
  • Inside Venture Capital
  • International Banking
  • Mergers & Acquisition and Due Diligence
  • Mergers & Acquisitions: Financial Analysis 
  • Modeling and Data Analysis
  • Project Finance


International Business

  • Business Strategy for the Digital Age
  • Comparative Politics of Latin America
  • Euro-American Comparative Politics
  • Geopolitics of the Arctic
  • Implementing Strategy
  • Understanding The Middle East: Economic and Strategic Fundamentals


HR, Social Responsibility, Sustainable Development

  • Ethics and Sustainability
  • Global Human Resources Management
  • Introduction To 21st-Century Energy Challenges
  • Intercultural Management & HR
  • Leading Change: Winning Hearts and Minds
  • Technologies, Climate Change and Future of Energy



  • International Marketing
  • Marketing Models for Practical Decision Making and Consulting
  • New Product Development
  • Sports Marketing
  • Wine Marketing



  • Debating
  • Philosophy of Liberalism


Electives taught in French

  • Apprendre à concevoir un site web
  • Assurance : principes et défis
  • Droit des fusions et acquisitions
  • Droit du travail : relations individuelles et relations collectives
  • Droit européen
  • De la stratégie militaire au succès dans l’entreprise 
  • Entreprises et développement durable
  • Exercer un management responsable
  • Financement de l’innovation et des startups
  • Fusions-Acquisitions : stratégie et mise en œuvre
  • Gagner la préférence clients : nouvel enjeu stratégique des entreprises
  • Générer du trafic en ligne et le convertir en (vrais) clients
  • Gestion de Patrimoine 
  • Initiation à la création d’une entreprise innovante
  • Innovation : préparer le futur avec la méthode des scénarios
  • Introduction au capital investissement (private equity)
  • La finance au service de la stratégie d’entreprise
  • Le business modèle du low-cost
  • Le pouvoir des images façonne-t-il notre vision du monde ?
  • Le secteur économique du tourisme
  • Les fondamentaux techniques du web, du mobile et de l’esprit start-up
  • Management des industries culturelles
  • Modélisation financière : business plan
  • Politiques sociales
  • Pratique et enjeux de la distribution
  • Responsabilité sociale de l’entreprise
  • Stratégie comparée
  • Systèmes Sociaux et Compétitivité



  • Technological Trends
  • Innovation & Entrepreneurship
  • Personal & Leadership Development
  • Business Models
  • Project Work


Master in Management & Innovation HEC - TUM

The program welcomes high potential students and recent graduates from around the world. An initial selection is based on the evaluation of all application elements. Pre-selected students are then invited to a challenging interview (on Skype or on campus).



The TUM / HEC Paris Master in Management & Innovation is designed for young professionals with first experience who aim to be the innovation managers of tomorrow. 


  • A bachelor’s degree or higher in any field
  • Proof of proficiency in English (TOEFL, TOEIC, IELTS or Cambridge)
  • GMAT or GRE*
  • First work experience
  • Up-to-date academic transcripts (exchange programs included) and GPA


*Applicants holding a first degree from the double degree partner institution are exempted from GMAT/GRE and from the application fee.


In order to be part of the community life, students are offered the possibility to live on HEC Paris' campus in one of the 1,350 individual rooms during the first year of the Master & Innovation. Remaining costs include housing and food (approximately 1000€/month in 2016) for housing, student restaurant, sports and and leisure.

Recent calculations indicate that living in the capital of Bavaria costs about 900€ per month, including rent, health insurance, public transportation, etc. Students are advised to have sufficient funds available to ensure a pleasant stay and stress-free studies at the Technical University of Munich.


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