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IMIE – International Master in Innovation and Entrepreneurship

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THE MASTER FOR INNOVATION AND ENTREPRENEURSHIP PROFESSIONALS

The emergence of new technologies and the broadening of global markets create continuous opportunities for new business development and challenge the established market positions; this is the perfect programme for the young graduate who wants to think and act like an entrepreneur and become an innovative leader.

Location: Milan, Italy + one additional year at WHU, Germany

Language: English

Type: Full-time

Intake: September

Length: 12 months

University Requirements: 3-year Bachelor degree (minimum 180 ECTS)

Tuition fee: € 16.500

International Masters Admissions Office
Tel : +39 02 2399 2820
Email : infomasters@mip.polimi.it

WHY CHOOSE US

The programme offers a highly specialised qualification with candidates receiving the Specialising Master Degree from MIP Politecnico di Milano. Discover the course’s highlights.

At MIP we have an academic faculty specialised in innovation and digital technologies and we have been working for years alongside innovative companies, startups and business incubators. Together with them we have developed the International Master in Innovation and entrepreneurship, a programme of absolute international excellence, designed to train women and men who excel in business analysis and have digital skills and entrepreneurial mindset.

The master also offers the possibility of getting a MSc in Entrepreneurship from WHU Otto Beisheim School of Management by attending an additional year at WHU.

Students interested in being awarded the MSc degree issued by WHU have a double option:

– To choose and decide, before the beginning of the master programme deliver by MIP, to attend the entire programme (so, the 1st year at MIP and the 2nd year at WHU), by signing a Training Student Contract with each institution before the start of the programme including the details related to the full programme; students will have the right to cancel the Training Student Contract with WHU up until one month before the start of the 2nd year;
– To enroll first in the master programme delivered by MIP and then, by February of the year 1 (one), to decide to attend also the second year at WHU: in this case they will be required to sign the second Training Student Contract specifically focused on the second year of the master programme.

  • 1 year at MIP, Milan or 1 year at MIP plus 1 additional year at WHU Otto Beisheim School of Management
  • 100% in English
  • Providing a unique mix of academics, combining professional and theoretical expertise in the domain of innovation and entrepreneurship
  • Focus on creativity, design and technology strategy through a long-standing tradition of research, teaching and practice at both business schools
  • Action-based teaching method
  • Access to PoliHub, the Start-Up District and Incubator, a partner institution of Politecnico di Milano, ranked third among the Top Business Incubators in the world at the UBI Awards
  • Opportunity to develop entrepreneurial ventures in a supportive environment
  • Experience of working in a multicultural team and exposure to MIP’s international faculty
  • Acquisition of the guidelines to use the potential that is hidden in diversity
  • Learning from a network of business partners and professional consultants
  • Emphasis on making progress in three key areas: knowing, making and being
  • Including soft skills for professional development
  • Acquisition of the capability to foresee technology and market changes from their inception
  • Collaboration on stimulating team projects

The master prepares students for, amongst others, the following roles:

  • ENTREPRENEUR: develop your own business idea from conception to launch
  • ENTREPRENEURIAL CAREER: manage a family business, introducing innovation to products and systems
  • STARTUP FOUNDING TEAM MEMBER: use your particular skills to blend in with a team of like-minded entrepreneurs and add value
  • CORPORATE R&D PROJECT ASSOCIATE: be a project leader, bringing your own brand of vision to the corporate world
  • COMPANY CONSULTANT: responsible for implementing innovative and creative projects.

Some of our TOP EMPLOYERS
Our graduates aim to found their own start-up. Those candidates who entered a corporate career after the master found a job placement in companies such as:

Deloitte
Accenture
BTO Research
ABB
Amazon
Piaggi
L’Oreal
Toyota Motor Europe
Pfizer

PROGRAMME

The International Master in Innovation and Entrepreneurship is a 12-month International Master programme offered by MIP Politecnico di Milano, that provides students with the necessary skills for a managerial career in the entrepreneurial world, including leadership and decision-making, market development, sustainable and cost-effective management of innovation – as well as stimulating their personal development.
The master is taught entirely in English.
Please note that this programme is designed for fresh graduates with less than 3 years of work experience. Candidates can apply for the programme starting in September 2020 if they have completed their bachelor/master degree not earlier than 2017. Candidates who have completed their bachelor degree/master degree before 2017 can consider our International MBA programs. 

The Master’s academic structure features four fundamental blocks: generalist content, specialised content, concentrations and Project Work. The first of these, the generalist content segment, has a dual purpose: it both lays the foundations for the subsequent specialised in-depth studies and also provides participants with a standardised overview so that they can start their journey from the same place, irrespective of their initial knowledge based on their various backgrounds. The generalist content is divided into General Management, Basics of Digital Transformation and Soft Skills.

MSc option at WHU - Otto Beisheim School of Management

Joint Program in Entrepreneurship:

- 1st year spent at MIP, with the enrolment in the “International Master in Innovation and Entrepreneurship” (iMIE), from September 2020 to September 2021. To those who will positively complete this programme, Politecnico di Milano will award the 1st level Specialising Master degree in ““International Master in Innovation and Entrepreneurship” (60 ECTS)
- 2nd year spent at WHU, with the enrolment in the “Master in Entrepreneurship” (MiE), from September 2021 to September 2022. To those who will positively complete this programme, WHU will award the Master of Science degree in “Master in Entrepreneurship” (90 ECTS)

The students that fulfill the graduation requirements at each Party and satisfy the regulations of each one, will be awarded the following degrees:
- 1st level Specialising Master “International Master in Innovation and Entrepreneurship” (60 ECTS), awarded by Politecnico di Milano, after the completion of the 1st year.
- Master of Science degree “Master in Entrepreneurship” (90 ECTS), awarded by WHU – Otto Beisheim School of Management, after the completion of the 2nd year.

Student tuition fees are established in 16,500€ per student per year.

The programme includes highly customised services of Career management thanks to MIP Career Development Office.
Among the services offered:

  • CV Book
  • Free access to MIP Global Network of Career Websites
  • One-to-one career advice meetings
  • Personal Development workshops to help students develop the soft skills necessary to be competitive in nowadays job market
  • Networking events with employers, such as company presentations, company visits, recruiting on Campus events, Career Days
  • Preferential access to internship and job advertisement on the School Career Digital platform “JobTeaser”

Who is eligible for the IMIE Programme?

Students with a 3- or 4-year bachelor’s degree with an equivalent of 180 or 240 ECTS or higher are eligible to apply.
Knowledge of English is a compulsory requirement.

How long is the IMIE programme?

The programme is 12 months long.

In what language is the programme taught?

The programme is taught in English, although there are opportunities for students to learn the native language of the country of study throughout the programme.

Do I need to speak Italian?

No, as the medium for the course is English, students are not required to learn Italian, although they will be given the opportunity to do so.

How many students are on the programme?

The average class size is around twenty students.

Is there an age limit for the programme?

No, but the average age of the candidates is 20-25 years.

What type of degree/title will I obtain upon graduation?

Upon graduation, candidates obtain the First Level University Specializing Master from Politecnico di Milano which is recognized by the Italian Ministry of Education, University and Research (MIUR) and it is issued under the autonomous responsibility of Politecnico di Milano. With regard to the specific meaning of the 1st level master's degree, as per Bologna process, this is a 2nd cycle programme intended to provide students with further specialization or higher continuing education after completion of the first cycle. The Master Degree of first level will release 60 ECTS/CFU credits. 

Candidates are advised to check with the relevant authorities in their home countries regarding the validity/recognition of this title in their home countries. 

ADMISSIONS

STATUS OF APPLICATIONS: APPLICATIONS FOR THE 2020 INTAKE ARE OPEN

Applications are processed on a rolling basis. Since the number of seats in class is limited, candidates are encouraged to apply as early as possible. Should the course become fully subscribed before the deadline dates, applications will close earlier.

Non-EU students are encouraged to apply at least three months before the start of the programme in order to allow enough time for the Declaration of Value (DOV) procedure for Italy and establishment of the student visa.

Please note that this programme is designed for fresh graduates with less than 3 years of work experience. Candidates can apply for the programme starting in September 2020 if they have completed their bachelor/master degree not earlier than 2017. Candidates who have completed their bachelor degree/master degree before 2017 can consider our International MBA programs.

The ideal candidate wants to become an entrepreneur or envisages an entrepreneurial career as a family business manager; or wishes to join the founding team of a startup; or would like to work as an associate in charge of corporate R&D projects or as a consultant to assist companies in the implementation of innovative and creative projects.

STEP 1: ONLINE APPLICATION

  • Fill in the form on www.applyformasters.net
  • Upload your CV in English, Passport or ID, University Transcripts and Bachelor/Master Degree (if available)
  • Pay the Application Fee (EUR 100)

STEP 2: SCREENING OF CANDIDATURE

You will be contacted for the Motivational Interview in English, which will be done online.

STEP 3: SUBMISSION OF FURTHER DOCUMENTS

  • Bachelor’s Degree
  • Two letters of recommendation
  • GMAT/GRE scores (optional)
  • Motivation letter in English
  • Digital photo
  • English proficiency certificate (IELTS, TOEFL, TOEIC or equivalent)

What is the application date to apply for the programme?

Please note that the admissions process for the master is on a rolling basis, therefore the sooner you apply the more chance you will have of securing your place in the class, as capacity may be reached before the final application deadlines.

Does the IMIE programme have a letter of recommendation form?

There is no specific form for the recommendation letters; however if you need any help on the ideal template for your application, please contact infomasters@mip.polimi.it and we can provide you with further assistance in this matter.

FEES AND BENEFITS

The programme costs €16,500. This amount covers the entire length of the programme, although it does not include living and travel expenses.

Applicants of the 2020 intake of the International Master in Innovation and Entrepreneurship can apply for the following fee reductions.

The reductions will be given out on a first-come, first-served basis. Therefore, early applications are encouraged.
Candidates wishing to apply for financial aid must make their request on the application form at the time of application – later requests for financial aid will not be considered.

GMAT-/GRE-BASED REDUCTIONS

Candidates with a high GMAT/GRE score will be eligible to run for the following contributions:

> 620 (or GRE equivalent) = €2,000
> 650 (or GRE equivalent) = €2,500
> 680 (or GRE equivalent) = €3,000
> 700 (or GRE equivalent) = €3,500
> 720 (or GRE equivalent) = €4,000

ALUMNI CONTRIBUTIONS

Merit-based tuition fee contributions of €1,000 are available for alumni from various master programs of MIP and other departments of the Politecnico di Milano.

MERIT-BASED CONTRIBUTIONS

Candidates can apply for merit-based tuition fee reductions covering up to €3,000 by submitting an essay on one of the topics below. The essay will be evaluated by the programme’s Directors. The essay must be submitted along with the other documents before admission to the programme.

“Female entrepreneurship: strengths and weaknesses”

Or

“Open innovation in the digital era”

1st place: €3,000
2nd place: €2,000
3rd place: €1,000

KINSHIP CONTRIBUTIONS

Candidates whose family members (brothers, sisters, spouses) have graduated from one of the International Specialising Master Degrees of MIP Politecnico di Milano are entitled to a contribution of €1,000.

PRODIGY FINANCE

Founded in 2007, Prodigy Finance provides loans for top international graduate students to pursue their master’s at the world’s best schools, including MIP Politecnico di Milano. Their loan model eliminates the need for a co-signer or collateral. This means they can lend to many students who lack access to other traditional sources of funding. Additionally, Prodigy Finance assesses their applicants’ future earning potential to determine loan affordability.

See more details about the terms and conditions, and how to apply for a loan on Prodigy Finance’s website.

For more information you can also write to infomasters@mip.polimi.it

DEUTSCHE BILDUNG.
THE ALTERNATIVE TO A STUDENT LOAN .
As a social business, Deutsche Bildung has been supporting German students since 2007. Monthly as well as single and returning payments guarantee the completely flexible financing of almost all programmes and subjects in Germany and abroad. Additionally, the extra-curricular programme, WissenPlus, focuses on the improvement of important social and professional competencies. The repayment is income-linked: students pay back a fixed percentage of their future income over a certain period of time once they have entered their first job successfully. Online application is possible throughout the year at www.deutsche-bildung.de.

What is the cost of the programme?

The programme costs €16.500. This amount covers the entire length of the programme, although it does not include living and travel expenses.

How do I apply for tuition fee contributions or grants for the programme?

For further information on the options available for financial aid, write to infomasters@mip.polimi.it.

Will I have to buy textbooks?

No, you will be provided with textbooks by the programme; the cost is included as part of the overall programme fee.

We turn the future into a part of you.

We offer highly personalised services with the objective of developing the necessary skills, tools and strategy and expanding your professional network, to help you succeed in today’s complex and competitive global job market.

PARTNERS

PoliHub is the Innovation District & Startup Accelerator of Politecnico di Milano, managed by Fondazione Politecnico di Milano and ranked second in Europe and in the TOP 5 in the world by UBI Global.

 

WHU – Otto Beisheim School of Management is a privately funded business school based in Vallendar/Koblenz and in Düsseldorf. It is a leading business school in Germany and is continuously ranked among the top business schools in Europe.

ISO strives to provide a tailor made service to each international candidate and enrolled student by assisting with enrollment and non-academic matters.

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