Master In Entrepreneurship And Innovation Master Professionnel

Description
Paper regarding master in entrepreneurship and innovation master professionnel.

Your partners in business education
Master in
Entrepreneurship
and Innovation

Master professionnel
2 3
TABLE OF CONTENT
FOREWORDS 3
THE PROGRAMME AT A GLANCE 4
THE PROGRAMME ARCHITECTURE 6
TESTIMONIALS 8
FACTS & FIGURES 10
OUR PARTNER : THE CHAMBER OF COMMERCE 11
USEFUL INFORMATION 14
CONTACT 14
FOREWORDS
New ideas, creative experimentation and
breakthroughs emerge more easily in
small yet open spaces, as Luxembourg
and its University happen to be. By
nourishing the most valuable asset of our
society, our ?exible and curious minds, the
Master in Entrepreneurship and Innovation
helps mould the leaders of Luxembourg’s
future economy and beyond ; a daunting
yet necessary challenge. Two priorities of
the University are life sciences, (Bio), and
security and trust (ICT), focus areas which
are mirrored in the two tracks.
I am fully convinced that this Master’s de-
gree offered by the University of Luxem-
bourg will be successful not only because
of the sterling academic background of
our course leaders and teaching staff but
also because of the trust and active in-
volvement of our partner, the Luxembourg
Chamber of Commerce. Do not miss this
great opportunity to join the driving forces
of this unique country, small in size but
worldwide in horizons.
Rainer Klump
President of the University of Luxembourg
The Master in Entrepreneurship and Inno-
vation is the result of the partnership set
up between the University of Luxembourg
and the Chamber of Commerce of the
Grand Duchy of Luxembourg through the
Luxembourg Business Academy (LBA).
The goal pursued is to build bridges be-
tween the academic world and business.
In today’s global and increasingly competi-
tive economy, innovation is a key driver of
productivity. Entrepreneurs and managers
need to understand the power of in-
novation and how it translates into new
products, processes and services.
The Master in Entrepreneurship and Inno-
vation provides the tools necessary for the
transition towards an ef?cient knowledge
driven economy, which is a key objective
of the European Union and Luxembourg.
The ?rst six years of this Master’s degree
have been a great success which is a pre-
cious indication for future applicants, to
whom I wish good luck.
Carlo Thelen
Director General of the Chamber
of Commerce of the Grand Duchy
of Luxembourg
The success of MEI is that we create a
learning environment that simulates as
closely as possible the realities involved
in creating a new business venture.
Within the XXIst century, which is charac-
terized by a fast-moving, competitive glob-
al economy, innovative ideas do not stay
located within one place. Good ideas travel
and migrate across societies, economies
and cultures. Luxembourg, with its inter-
national populace, cultural diversity and
strong infrastructure for entrepreneurship
and innovation, is well placed in fostering
the „travel“ of entrepreneurial ideas.
Denise Fletcher
Course Director,
Master in Entrepreneurship & Innovation
4 5
Entrepreneurship is about exploiting market ambiguities and contingencies. More importantly, entrepre-
neurship is about experiencing a tension between ‘what is’ in the present and ‘what should be’ in the
future – and then converting that tension into an entrepreneurial problem that can resolve the tension.
Such a process demands concepts and knowledge from different disciplines, and the integration
of these concepts with the know-how and practical experience of daily business practice.
The programme aims at achieving that integration, optimally balancing theory and know-how.
The programme is a two-year full-time Master’s degree, which is targeted at:
› Bachelor graduates in any discipline from Luxembourg and the Greater Region
› Graduates from Europe in any discipline
› Graduates and young professionals from outside Europe
› Professional people or other practitioners
› Extend knowledge and understanding of the foundational principles of new venture creation
and business start up in different societal contexts (social, corporate, ‘for pro?t’ etc.).
› Develop critical, analytical and problem-solving skills. How to recognise, analyse and offer solutions
to innovation, entrepreneurial and strategic management issues in different organisational settings,
using appropriate conceptual tools and theoretical frameworks.
› Enable the ability to understand the components of a business plan and to appreciate different
business and ?nancial models as well as constructing a detailed ?nancial and marketing plan.
› Advance employability skills in team working, presentation and leadership as well as facilitating
inter-cultural communication. How to convey ideas, express one’s creativity and synthesise thinking/
knowledge both verbally and in written format.
› Provide an understanding of the local regulatory environment, tax and legal issues involved when
starting a new venture and access to a wide set of business networks in Luxembourg economy.
The programme is built on a two year basis, and divided into logical blocks, designed to cover all
the technical and practical aspects required when starting a new venture (whether a social, business,
or corporate venture) as well as some foundational theoretical issues/frameworks:
The courses are participative and interactive. In all courses there is a balance between theory and
practice (we use business cases, speeches by business owners and entrepreneurs, visits to incubators,
the Chamber of Commerce or companies). In some courses, we involve practitioners drawn from local
business community.
In the second year there is more re?ective and theoretical discussions about organisational practices
(and the meaning/implications of, for example, entrepreneurship for society and the role of innovation
in the wider economy). This means that students are stretched to think critically about these processes
rather than merely taking them for granted as accepted ways of thinking or organising.
Entrepreneurship has become an increasingly popular activity that can be evidenced in different spheres
of the economy and society. More commonly, entrepreneurial behaviours are associated with new
start-up ventures where risk, ownership and management are combined to exploit new market or
technological opportunities. The programme is of interest for those:
› Wishing to develop their entrepreneurial/innovation skills and knowledge
› Intending to start a business and who want to learn the tricks of business
› Seeking exposure to the infrastructure for entrepreneurship, internships and job opportunities
that Luxembourg has to offer
What is
Entrepreneurship?
What should you
expect to learn?
What is the plan?
Teaching philosophy
Who is it for?
What for?
THE PROGRAMME AT A GLANCE
YEAR ONE
New venture planning
Innovation management
Financial issues for entrepreneurial ventures
Marketing and new venture creation
Business and project management skills
YEAR TWO
Advanced entrepreneurship
Advanced innovation and the innovation audit
Strategic management
Advanced small business management and leadership
Research methodology and thesis
6 7
THE PROGRAMME ARCHITECTURE
YEAR 1
ECTS CM (heures)
Teaching Units (hours)
New venture planning
Entrepreneurial business models, processes and planning 7 56
E-commerce / ICT technology entrepreneurship 2 16
Entrepreneurial behaviour(s) 2 16
Franchising 2 16
Sub-total 13 104
Innovation management
The management of innovation 7 56
Patents / intellectual property / law for innovation 2 16
New product development / design 2 16
Service innovation 2 16
Sub-total 13 104
Financial issues for new ventures
Financial accounting 3 24
Introduction to ?nance 3 24
Entrepreneurial ?nancing 3 24
Taxation 1 8
Sub-total 10 80
Marketing and new venture creation
Marketing for start-ups / sales management 6 48
Marketing research 3 24
Advanced excel for marketing and strategic data analysis 1 8
Sub-total 10 80
Business & project management skills
Project management skills 3 24
Negotiation skills 3 24
Presentation skills / CV development 2 16
Founding a team / self-awareness 2 16
Start-up project / re?ective diary 4 32
Sub-total 14 112
TOTAL Year 1 60 480
YEAR 2
ECTS CM (heures)
Teaching Units (hours)
Entrepreneurship in context
Social entrepreneurship 2 16
Corporate entrepreneurship 2 16
International entrepreneurship 2 16
Entrepreneurship systems / incubators / Science parks 2 16
Sub-total 8 64
Advanced innovation / innovation audit
Advanced innovation 2 16
Innovation audit 5 40
Sub-total 7 56
Strategic management
Strategic issues / mergers / acquisitions / alliances 7 56
Sub-total 7 56
Beyond start-up: small business management, growth and exit
Leading and growing a small business 2 16
HR issues for small ?rms 2 16
Family business management 2 16
Harvesting and exiting a business 2 16
Sub-total 8 64
Research skills and methods
Research skills and methods 5 40
Sub-total 5 40
Internship / project / thesis work
Individual business plan or thesis 25 200
Sub-total 25 200
TOTAL Year 2 60 480
Module 1 Module 1
Module 2 Module 2
Module 3
Module 3
Module 4
Module 4
Module 5
Module 5
Module 6
8 9
“The MEI programme fits perfectly with my career aspirations and helped
me gain a valuable world perspective and initial skills to be successful in
the future. The MEI programme features excellent professors from around
the world paired with a multicultural student body. This fantastic mix pro-
duces deep class discussions and meaningful project work. In addition, the
programme truly wants to give students the opportunity to apply what they
have learned in the classroom to “real world” settings. […] Just like most
academic courses, what you put in is what you get out. If you put hard work
and a strong effort into the MEI programme, it will help you gain invaluable
entrepreneurial and innovation skills that allow you to begin to attack real
world problems and be a difference maker.”
David Bernstein,
Class of 2013-2014
“All lectures were followed by practical assignments in
groups where we improved our teamwork, communication,
analytical thinking and presentation skills. Most important: it
was fun! All lectures were interactive and challenging. […]
Throughout this programme we met with a lot of entrepre-
neurs who shared their real-life experiences and it was
enriching to hear about their successes and challenges. […]
It was a chance to open up myself to new unexpected oppor-
tunities since this course is not only about entrepreneurship
but also about innovation – how to do things better, how to
do them differently and how to go ahead.“
Kateryna Koval,
Class of 2012-2013
“The MEI is a very diverse programme in terms of lectures, professors and class-
mates. It’s like a little UN where every student has the opportunity to play an
important role if he/she decides so. The fact that courses take place not only
at the University but in different venues, as well as the opportunities provided
to interact with international professors and entrepreneurs make the networking
experience of the programme very rich. The programme is a lot about team work,
so one of my biggest challenges was to excel but not to do it alone. Excelling
is way better when you have someone to share the difficulties as well as the
triumphs. So…excel! But even better; excel as a group!”
Lluvia Escalona,
Class of 2013-2014
TESTIMONIALS
10 11
Where are they
working now?
Who are
our students?
Where do they
come from?
FACTS AND FIGURES
Globally, our graduates ?nd employment opportunities in areas of innovation management/small business
management/start-ups/entrepreneurial contexts or corporate contexts and the public sector, such as:
› Arcelor Mittal
› BGL
› Bofferding
› Cargolux
› Cash-and-Go
› Chambre de Commerce
› CIGDL
› CRP-Tudor
› Deloitte
› Dexia
› Dexia-BIL
› EIB
› EIF
› EPC
› Epuramat
› Ernst & Young
› Events & More
› Goeres Group
› IBBL
› IEE
› Imatec
› IUEOA
› Jamendo
› Luxinnovation
› MACH
› Mangrove
› Millicom
› Paul Wurth
› PwC
› RBC
› Nokia
› Siemens
› Santec
› Schwartz & Co
› UBS
› VITIS Life
› Viva International
› Vodafone
› Volvo Construction Equipment
OUR PARTNER:
THE CHAMBER OF COMMERCE
The University and the Chamber of Commerce
of the Grand-Duchy of Luxembourg, in their joint
ambition to develop Luxembourg as a center of
excellence in “Business Education”, have set up
a non- pro?t organisation under the name of
Luxembourg Business Academy asbl as a means
to support the development of “Business
Education” on a post-secondary level. The ?rst
result of this collaboration is the creation of the
international Master in Entrepreneurship and
Innovation, which is in its 8th year in 2015. This
successful initiative gave birth to a privileged
partnership, whose strategy is built on 4 tracks:
› Ensure the sustainability of the existing
programmes (Master in Entrepreneurship and
Innovation, Master in Accounting and Audit,
Bachelor in Management)
› Develop new programmes
› Enhancing the students’ experience in these
programmes through mentoring, internships,
guest speakers, etc.
› Enabling or supporting research or teaching
excellence in “Business Education”
The programmes are set up and organised by
the University of Luxembourg; The Chamber of
Commerce supports several aspects, such as:
› Evaluation of the education programmes, with
proposals of new courses, topics, and highly
quali?ed representatives of the business sector
to contribute to the excellence of the pro-
grammes.
› Identi?cation of opportunities for internships
and career openings, selection of the mentor
and preparing them for their role, but also
ensuring the promotion of the programmes
among private ?rms.
› Organisation of events, conferences, workshops
and any other activity necessary to promote
and develop “Business Education”
The ambition of the partnership is to provide a
selection of intellectually-inspiring and practice-
oriented Masters Education in specialised niches
of management. The broader objective of the
collaboration is help create talented, inquiring and
culturally adaptable professionals. The mission
behind the course is to stimulate the creation and
development of innovative companies by providing
students with an advanced education in the ?elds
of entrepreneurship and management
of technological and organisational change.
Our aim is to teach students the mechanics
of building a business but also how to evaluate
the role of enterprise and entrepreneurship within
the economy and society.
„The partnership between the University of Luxembourg and the Chamber
of Commerce is a key project. Indeed, the association of the academic and
business domains in this context constitutes a pertinent and strong model,
which draws together each partners’ strengths in order to provide young
graduates not only with the best chances to enter into the job market, but also
to thrive in their professional careers as well as to contribute to business
creation and generation in Luxembourg.“
Michel Wurth, President of the Chamber of Commerce
57.8%
Middle East
1.5%
Russia and Eastern Europe
11.7%
South America
6.9%
USA
3.2%
Africa
3.7%
European Union
47.4%
Asia
25.6%
42.2%
12 13
THE UNIVERSITY OF LUXEMBOURG
Founded in 2003, the University of Luxembourg is the ?rst and only university of the Grand Duchy of Luxembourg.
Multilingual, international and research-oriented, it is also a modern institution with a personal touch.
At the University of Luxembourg, students and staff come from all over the world. You will study together with
people from over 100 different countries.
* December 2014
SERVICES FOR STUDENTS
Student accommodation
The University provides accommodation in different areas of
Luxembourg-city, Esch-sur-Alzette, Mondercange, Walferdange
and Noertzange. The rooms at the halls of residence are single
furnished rooms with an average size of 14 m
2
.
[email protected]
Sports, arts and culture
“Espace Cultures” organises and coordinates a broad range of
cultural events at the University. If you are interested in cultural
activities, you can join the University Choir, the University Chamber
Music Ensemble, the theatre group “Théâtre du Silence” or the
creative dance group “Dance Cluster”.
“Espace Cultures” offers European and transatlantic project
collaborations, concerts, guided sightseeing tours, study trips and
exhibitions. You can even get free entrance for a number of
cultural events.
“Campus Art” invites you to discover your own creativity. During
the art workshops, you can explore different painting techniques,
experimenting with light projections or create your own art works
out of clay. There are no limits to your imagination!
“Campus Sports” organises a broad range of sport activities
for students: you can take ?tness classes, play football, work
out at the gym – aquajog or do some indoor climbing.
The University of Luxembourg also has its own football team.
Language courses
Multilingual teaching is a key asset of our University. The majority
of our degrees are taught in at least two languages. To help you
prepare, the university offers at the start of each winter
semester language courses in German, French and English.
LIFE IN LUXEMBOURG
Five reasons to study in the Grand Duchy of Luxembourg
A European crossroad
• situated between France, Belgium and Germany
• one of the European Union’s capitals
• home to a number of European Institutions
A multicultural and trilingual country
• around 549 700 inhabitants
• great population diversity with 44,5 % foreigners
from about 170 countries
• of?cial languages: Luxembourgish, French, German
An attractive employment market
• an international ?nancial centre
• a modern economy with global industrial companies
and international enterprises
A great offer of culture, leisure and sports
• a variety of theatre plays in different languages, music,
cinema, museums, festivals, events
• numerous outdoor sports opportunities like mountain bike
trails, hiking, rock climbing, sailing, water skiing, etc. as well
as indoor facilities such as aquatic centres
• many cafes, bars, clubs, pubs and discos, mainly located in
the Hollerich area, the old city centre and the Rives de Clausen
Luxembourg’s tourist charm
• a picturesque historic city – UNESCO World heritage site
• “Luxembourg’s Little Switzerland”
• the Ardennes castles
• the Moselle Valley
LUXEMBOURG AT A GLANCE
• Of?cial name: Grand-Duché de Luxembourg
• Of?cial languages: Luxembourgish, French and German
• Form of government: Constitutional monarchy under
the system of parliamentary democracy
• Capital: Luxembourg City
• Cities and towns: 116
• Largest cities: Luxembourg City, Esch-sur-Alzette, Differdange
• Territory: 2,586 sq. km
• Maximum dimensions: 82 km from north to south and 57 km
from east to west
• Highest elevation: 560 m (Wilwerdange)
• Total population: 549 700 (2014 ?gures, source: STATEC)
• Foreign residents: 44,5 percent (2013 ?gures, source: STATEC)
• Largest foreign communities: Portuguese, French, Italians,
Belgians, Germans
• Currency: Euro
• Number of banks: 149 (2014 ?gures, source: CSSF)
• Number of companies: 29 795 (2013 ?gures, source: STATEC)
COME AND VISIT US!
The University of Luxembourg organises each spring, usually
around March, its annual Open Day where you can meet students
and staff. You can take a campus tour or attend one of our many
information sessions on our degrees which take place throughout
the day.
Visit our website www.uni.lu for detailed information.
THE UNIVERSITY IN FIGURES*
• 6157 students
› 3325 international students
› 3288 undergraduate students
› 1183 postgraduate students (Master)
› 1141 other students
› 545 PhD students
• 107 nationalities (students)
• 1,491 employees
• 233 professors, associate professors and senior lecturers
• 730 adjunct teaching staff
• 54 degree programmes
• 11 research units
• 3 faculties
• 2 interdisciplinary centres
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University of Luxembourg
Multilingual. Personalised. Connected.
University of Luxembourg
Master in Entrepreneurship and Innovation / Luxembourg Business Academy

162a, avenue de la Faïencerie
L-1511 Luxembourghttp://mei.uni.lu

Benjamin Ledran
Programme Manager
[email protected]
T. +352 / 46 66 44-6838
Prof. Denise Fletcher
Course Director
[email protected]
www.uni.lu
The University of Luxembourg is on facebook and twitter
CONTACT
Application
Fees
Study abroad option
USEFUL INFORMATION
Interested candidates should follow the standard university applications procedure AND submit a motivation letter
outlining their entrepreneurial motivation and intentions.
Year 1: 5,000 €
Year 2: 3,000 €
In semester three, students have the option to study abroad during which they can take relevant courses at partner
institutions in different international environments (NB: the particular partners are still being developed)
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University of Luxembourg
Multilingual. Personalised. Connected.

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