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Management and Engineering in Technology, Innovation, Marketing and Entrepreneurship (MME-TIME) - Residential Track, M.Sc.

  • Application Deadline
  • 18 months
    Duration
University rank #138 (QS) ,
The M. Sc. Management and Engineering in Technology, Innovation, Marketing and Entrepreneurship (MME-TIME) – Residential Track from RWTH Aachen University as been carefully designed to equip ambitious professionals – who have a STEM background such as you – with the distinct set of skills needed to succeed in a digitized and globalized economy.  

About

Development Opportunities

Your aspirations

If you want to develop as a professional and transform your career, this M. Sc. Management and Engineering in Technology, Innovation, Marketing and Entrepreneurship (MME-TIME) – Residential Track program from RWTH Aachen University will be ideal for you, provided:

  • You have a STEM (Science, Technology, Engineering and Mathematics) background, at least one year of full-time work experience and want to deepen your knowledge of state-of-the-art technologies and innovation and technology management.

  • You are passionate about engineering and technology, but want to move beyond a narrow technical role and towards a leadership position at the intersection of management and technology.

  • You want to learn how to leverage emerging technologies into profitable and sustainable business models that allow you to lead the technological transformation in your industry rather than just following it – either as a manager in an established organization or as an entrepreneur in your own business.

Importantly, it is up to you whether you want to leave your current job and study full-time or keep working and study part-time. Our award-winning program has been designed precisely to provide you with both options.

Your Professional Development

The MME-TIME has been carefully designed to equip ambitious professionals – who have a STEM background such as you – with the distinct set of skills needed to succeed in a digitized and globalized economy. Enrolling in the program will allow you to develop the following:

  • A profound management education focused on innovation, entrepreneurship and Marketing that will enable you to acquire the management skills necessary to leverage new technologies and build successful business models around them.

  • A broad range of technology electives, including laser technologies, digital and additive manufacturing, robotics, big data and sustainable energy will allow you to experience the best of German engineering and stay abreast of the latest technological developments in your field.

  • Applied projects focusing on real-world managerial or technological challenges will help you put your knowledge into practice and harness the full potential of interdisciplinary thinking.

As a key feature, the program will take you to some of the most exciting innovation ecosystems in the world and allow you to complete courses in Aachen and Cambridge.

Your Career Prospects

Completing the MME-TIME program will prepare you for a successful career at the intersection of management and technology. In the program, you will learn how to combine deep technological and managerial knowledge so that you can contribute to solving the grand challenges of our time in a truly interdisciplinary fashion. As a graduate of one of Germany’s most prestigious universities of technology and its innovative business school, you will speak the language of both engineers and managers. This will position you to work at the exciting interface of management and technology.

  • Engineering or Management Consulting: You are responsible for planning and implementing complex consulting projects in technology or management fields.

  • Product Management: You are responsible for the development of technical products or service systems.

  • Business Development: You are responsible for the development and implementation of new business models and ideas.

  • Technology and Innovation Management: You are responsible for the R&D and the strategic innovation processes.

  • Technology Marketing and Sales: Your are responsible for the creation of marketing and sales strategies for high-tech products and services.

  • Project Management: You have the supervision and responsibility of complex technical projects.

The M.Sc. degree granted by RWTH Aachen University will also enable you to pursue an academic career and continue studying towards a PhD in fields such as technology and innovation management, marketing, or entrepreneurship*.

Whichever path you choose to follow after graduation, our dedicated team of experts in the career and entrepreneurship centers will accompany you on that journey and help you decide how to best realize your ambitions. We seek to place our graduates in global technology blue chips, hidden technology champions, leading technology consultancies and fast-growing technology ventures. The Entrepreneurship Center at RWTH Aachen University also has a long track record of supporting innovative startups by our graduates – between 70 to 100 every year.

Programme Structure

For more information please check the programme`s website.

Audience

Young professionals with a STEM (science, technology, engineering and mathmatics) background

Detailed Programme Facts

  • Programme intensity

    You can choose to do this programme part-time or full-time.

    Full-time
    • Full-time duration 18 months
    Part-time
    • Average part-time duration 36 months
  • Credits
    90 alternative credits
  • Languages
    • English
  • Delivery mode
    Blended

English Language Requirements

  • Minimum required score:

    5.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Schedule IELTS
  • Minimum required score:

    90

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

    Schedule TOEFL®
  • Minimum required score:

    577

    The TOEFL®PBT is administered in a paper format and measures your ability to use and understand English in a classroom setting at the college or university level. It accurately measures how well you can listen, read and write in English while performing academic tasks. Read more about TOEFL®PBT.

    Schedule TOEFL®

Academic Requirements

  • This programme does not recognise GRE® scores.

    The GRE® General Test is a widely administered admissions test that measures the skills needed in today's graduate and business school programs worldwide. The GRE® General Test contains three sections - Verbal Reasoning, Quantitative Reasoning, and Analytical Writing. Three scores are reported: a Verbal Reasoning score on a 130 - 170 score scale in one-point increments, a Quantitative Reasoning score on a 130 - 170 score scale in one-point increments, and an Analytical Writing score on a 0 - 6 score scale in half-point increments.

General Requirements

List of Documents to complete your application: 

  • Curriculum vitae (CV)
  • Letter of intent
  • University degree certificate and university transcript of records
  • Two letters of recommendation
  • Professional work experience: 
English Language Requirements:

Certified proof of your competence in the English language through the completion of one of the accepted examinations listed below:

  • TOEFL Internet based minimum of 90 pts/Paper based minimum of 577 pts.,
  • IELTS (Academic) test minimum overall band 5,5 pts.,
  • Cambridge Test – Certificate in Advanced English (CAE),
  • First Certificate in English (FCE), completed with a B,
  • Placement-Test of RWTH Aachen University's language centre (B2).

Studyportals Tip: Students should consider taking one of the Pre-Master's below. these courses will be necessary if:

  • You are considered ineligible for admission
  • You need to improve your academic, study, research or language skills
Search all Pre-Masters

Work Experience

At least 1 year(s) of work experience are required.

Tuition Fee

  • International

    20004 EUR/year
    Tuition Fee
    Based on the original amount of 30000 EUR for the full programme and a duration of 18 months.
  • EU/EEA

    20004 EUR/year
    Tuition Fee
    Based on the original amount of 30000 EUR for the full programme and a duration of 18 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Living costs for Aachen

  • 813 - 1140 EUR/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

RWTH Business School Time Scholarships

The RWTH Business School offers several partial scholarships of up to €3,000 to be awarded for academic excellence, technology leadership and technology entrepreneurship. This scholarship has been designed to support highly qualified students in pursuing a Master´s degree program at RWTH Business School. The scholarship covers of up to €3,000 of the tuition fees for the MME-TIME.

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.

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