“High potential people need to mix state-of-the-art management skills with entrepreneurial mindset. This is one of the core objectives of this program with a unique learning mix of knowing, doing and being capabilities.”- Olivier Witmeur – Academic Director of the AM in Innovation & Entrepreneurship
The Advanced Master in Innovation & Entrepreneurship is a 12-month International Master program offered in partnership with MIP Politecnico di Milano. It consists of a fall term in Milan (at MIP Politecnico di Milano) and a spring term in Brussels (at Solvay Brussels School of Economics & Management). The program is taught entirely in English.
Whether you wish to become an entrepreneur, a project manager in a small or big organisation or a consultant, this Advanced Master will help you acquire the competences to build your success. By joining this truly unique program, you will develop your ability to spot new market opportunities, to design suitable innovation strategies and to build a new organisation, while constantly experimenting your skills and creativity in very different settings.
Over the program, you will develop a sound set of competences that will give you the right mindset to master a complex environment where increasing speed of change, uncertainty, the emergence of new technologies and the broadening of global markets constantly challenge us.
To operate successfully in such complexity, you will have to think and act as an entrepreneur and an innovative leader. And this is exactly what you will learn, not only in the classroom, but mainly on the field during the multiple project-oriented courses that will shape your experience in Milan and Brussels.
Our partner: MIP Politecnico di Milano.
MIP is a global business school accredited by EQUIS and AMBA. It is ranked by the Financial Times among the best business schools in Europe and has been recognised as a prestigious business school for over 30 years. The school works with a wide network of public and private companies and is supported by the strong links developed with the Politecnico di Milano’s Departments of Engineering and Design.
MIP and the Department of Management, Economics and Industrial Engineering together make up the School of Management of Politecnico di Milano. The school is involved in all the many aspects surrounding research and education in the fields of management, economics and industrial engineering.
“The 3 key words that definitely sum up my experience are: passion, network and quality, in terms of the classes that we have, the people that we meet and career opportunities that we have.”- Alexandre Tombeur, Founder Venga, Alumnus
By the end of this Advanced Master, you will be able to:
Acquire the capability to foresee and understand technology and market changes from their inception
Learn how to develop a new business idea, from the concept design to execution
Learn to introduce and manage innovations, both cost-effectively and sustainably
Identify new market and social opportunities for new and existing businesses
Acquire advanced knowledge in project finance, project evaluation, product design, business modelling, marketing and organisation
Develop your leadership and decision-making skills and your capability to deliver results
Assess the costs and risks associated to new technologies and new markets
Build your own personal network with managers, investors, designers, entrepreneurs, incubators and consultants from different industries and countries
Build managerial and organisational skills, and your capability TO WORK IN A TEAM.
The MIP-Solvay Experience
MIP and Solvay are two top global business schools accredited by EQUIS and AMBA. They are ranked by the Financial Times among the best business schools in Europe and have been recognized as prestigious business schools for decades. Their master programs are well-renowned far beyond their borders.
The two schools share the same DNA and values rooted in a long tradition of collaboration between academics and practitioners. They all share the same core mission: transforming young talents into successful, innovative professionals.
Our teaching method blends in-depth lecture-based teaching, case-studies, design and experimentation labs, on-the-field training and exposure to mentorship and corporate projects.
In Milan, students will have access to in-campus facilities of fast-prototyping (e.g. 3-D printing, laser cutting and other digital manufacturing technologies). They can also ask for assistance from Polihub, the Politecnico di Milano’s business incubator and co-working space, which serves as a partner institution to this program.
In Brussels, they will be coached by the Solvay Entrepreneurs team, (the entrepreneurship centre of Université libre de Bruxelles) and will have full access to its broad network of partners (Angels, VC, experts, entrepreneurs, incubators, public initiatives…).
MIP and Solvay operate on full scale university campus where you will enjoy real student life and constant, enriching connections with the business world!
2 Degrees Awarded
“Advanced Master in Innovation & Entrepreneurship” university certificate delivered by Solvay Brussels School of Economics & Management – Université libre de Bruxelles.
Specialising Master: “Advanced Master in Innovation and Entrepreneurship” delivered by MIP Politecnico di Milano.
The Advanced Master in Innovation & Entrepreneurship seeks:
students with a master’s degree (4-5 years of university education), a post-graduate degree, or a 4-year bachelor’s degree followed by 1-2 years of work experience
candidates with a strong interest in business, innovation and entrepreneurship
candidates with an appreciation of diversity and multidisciplinary activities
“The diverse blend of cultures has increased my understanding of other people choices and lifestyle, I believe it helped me to become more flexible and compliant to changes.”- Azhar Mambetova, Coordinator of Strategic Projects FINCA BANK Kyrgyzstan, Alumna
Eligible applicants must hold one of the following:
Master or Master of Science Degree, or equivalent (four or five years of study overall)
Bachelor Degree with 180 ECTS credits or equivalent, preferably followed by 1-2 years of work experience.
Admissions will be based on the candidates’ academic and/or professional background, and motivation. Proficiency in English necessary.
“We are a group of 34 people with 16 nationalities which creates a very interesting learning and challenging working environment. During the lectures active participation is key and through these discussions we gain a lot of different insights. It’s definitely an eye-opener and it makes you think even further.”- Pauline Opdebeeck, Alumna
The courses of the program are subject to marginal changes.
“Creating the perfect team, developing a Business Model Canvas, learning how to innovate your product, calculating the innovation rate of technologies of the future… When you are confronted with these topics each day, it definitely creates an environment where you are eager to start your own company.”- Pauline Opdebeeck, Alumna
The program consists of a fall term in Milan and a spring term in Brussels and it lasts 12 months, from September to September of the following year. The in-class activities last 10 months, from September to June of the following year. The students can work and submit their final project report from June to September. The submission of the report can be done remotely so that students do not have to stay in Belgium compulsory after June.
By being mobile across different European locations, the participants will be stimulated to adopt a broader market perspective and to leverage their capability to network and interact with diverse business environments.
The program stimulates the students to adopt an entrepreneurial mindset, to experiment with new ideas and technologies, to identify real opportunities, assess the associated costs and risks and ultimately design viable business initiatives for corporate or new businesses development.
Our teaching method blends in-depth lecture-based teaching, case-studies, design and experimentation labs, on-the-field training and exposure to mentorship and corporate projects.
Over the course of the program, participants will take part in two main field projects:
The “New Venture Lab” where they will have to act as an entrepreneur to create a startup from scratch.
The “Innovation in Action Lab” where they will have to run a consulting assignment in an established small or medium enterprise.
During these projects, participants will be individually coached by the Faculty and professional consultants to maximise their on-the-job learning experience.
“The uniqueness of the program lies in the genuine cross-cultural experience it offers. We learn how to think and act like professionals in an accurate sample of the working world today.” – Catherine Baggio, Alumna
At MIP and Solvay we have a long-standing tradition of research, teaching and practice in technology strategy, entrepreneurship, design, creativity and innovation.
Our Faculty members, made up of seasoned Solvay and MIP professors, hold solid competences in management, finance, accounting and economics and the true passion for experimentation and execution of a traditional engineering and design school. But, above all, they share the same core mission: transforming young talents into successful, innovative professionals.
Both Schools bring the best professors and practitioners to this Advanced Master in order to have a unique mix of academics combining professional and theoretical expertise.
“Design-driven innovation unveils how leaders build an unbeatable and sustainable competitive advantage through innovations that create new markets. You will discover how it can greatly increase your chances of success.” – Roberto Verganti, Professor at MIP
More about the Academic Directors
Olivier Witmeur Academic co-Director of the Advanced Master (Solvay)
Olivier Witmeur is Professor of Entrepreneurship at the Solvay Brussels School of Economics and Management (Université Libre de Bruxelles – ULB). He mainly teaches Entrepreneurship, Entrepreneurial Finance and Business Planning to graduate and post-graduate students, entrepreneurs, investors and consultants. He is also Deputy Dean for the Executive Education activities of the School. Beside his activities for the school, Olivier is an active Board member and strategic advisor in multiple growth-oriented entrepreneurial ventures. Over the last 15 years, Olivier has coached over 100 new and growing firms, published a book on business planning and written multiple papers on growth management in entrepreneurial ventures. Before joining the U.L.B., Olivier has been part of the entrepreneurial team of OpenHR (2000-2006), a successful Belgian IT venture company specialized in HR management software, where he was mainly responsible for financial affairs. The company was created in 1997 and quickly became international with operations in France, Spain, U.K. and U.S. By 2005, OpenHR had 6M€ in revenues and a 70 people staff. It was sold to Arinso International in 2006. Olivier has also been the Managing Director of EEBIC, a Business & Innovation Center / Incubator in Brussels (1995-1999) and Adviser to the Minister of Economy of the Brussels Region (1991-1994). Olivier holds a Master’s degree in Business Engineering (1991) and a PhD in Entrepreneurship (2008).
Chiara Franzoni Academic co-Director of the Advanced Master (MIP Politecnico di Milano)
Chiara Franzoni (Ph.D.) is Associate Professor in the School of Management of the MIP Graduate School of Business- Politecnico di Milano. Prior to joining Politecnico di Milano in 2010, she has worked at the Intellectual Property Finance institute (Turin, Italy), and conducted research at the Andrew Young School of Policy Studies (Atlanta, USA) and at the National Research Council of Italy. She also serves in the advisory board and executive committee of several companies in the energy and textile industry, as a family-business member. She is an expert of Economics of Science and Innovation, Entrepreneurship and Intellectual Property Rights. Her research has been published, among others, by the Journal of Management Studies, Entrepreneurship Theory and Practice, Research Policy, the Journal of Product Innovation Management, PNAS and Science. She participates to panels of experts to inform policy action at the national and European level and works as a consultant for the European Commission in matters of innovation, crowdfunding, and Intellectual Property.
After graduation, an unlimited range of job opportunities will become accessible. This program is addressed to candidates who may wish to:
become an entrepreneur
become a leader of the founding team of a startup
join an existing start-up or scale-up
become a project manager or business analyst in small and medium sized firms
become a strategy or technology consultant
become a product and business developer or a chief designer officer
become a consultant to assist companies in implementing innovative and creative projects
become an advisor in venture capital or business angels funds or in the entrepreneurial finance division of banks
become an advisor in incubators, technology transfer offices or entrepreneurship centres
“Professionally wise the master actually brought me a job ! During the master, we had to work as consultants for a company of our choice; so I ended up at that company and I actually never left.” – Vincent Nédée, Head of business development Appiness, Alumnus
However, to successfully grow in your working life and make the right choices for your career, it is fundamental to define your goals and have the tools to achieve them. The Solvay Brussels School’s career service will help you in building your career thanks to its strong connection with the business sector and to its dynamic team who will accompany each participant into the professional world.
From self-assessment to networking opportunities, our team assists participants to realise their full potential.
Through a wide range of seminars, coaching sessions, workshops, events and other resources, we help our participants to discover the career path best suited to their personal fulfillment.
MIP Career Development Office offers to Master students highly customized services of Career management, such as the CV Book, free access to MIP Global Network of Career Websites and one-to-one career advice meetings.
MIP also offers Personal Development workshops to help students develop the soft skills necessary to be competitive in nowadays job market.
In addition, MIP facilitates students in their networking with employers by organising company presentations, company visits, recruiting on Campus events and through MIP Job Board.
“The course is meant to make you open to new opportunities and radically change your mindset by experiencing a variety of subjects in very dynamic and interactive class sessions. I can now make my first steps in the entrepreneurial world with a proper toolbox thanks to this program.” – Samory Silla, Alumnus
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. If you wish to join the Advanced Master in Innovation & Entrepreneurship in September 2019, please follow the four main steps of ouradmission procedure:
1- Complete and submit the online pre-enrolment form together with the required documents (please see below).
2- Receive feedback on your eligibility from the Academic Director.
3- Have a personal interview with the Academic Director.
4- Receive feedback on your admission. If positive, please note that you will have two weeks to finalise your registration by paying a deposit of €2000.
Required documents for application:
• Online application form
• CV/resume in English
• Copies of University degree or degrees and of all academic transcripts
• Proof of English proficiency (TOEFL, TOEIC or equivalent) for non-native speaker
• A cover letter in English
If the applicant deems it relevant, he/she can support the application with:
• Letters of reference
• Any other certificate (GMAT, GRE, etc.)
Application Deadline: Non-EU students: May 2019 (recommendation related to visa procedures)
EU students: July 2019
Important: 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.
Additionally, non-EU applicants must take into consideration that getting a student visa for Belgium implies the obligation to prove their sufficient and regular means of subsistence (631 EUR net/month in 2016-2017) or their sponsor’s. If they can’t, Solvay can support them if the applicant transfers the requested amount covering 12 months on a school deposit account (which will be redistributed on a monthly basis to the student as soon as a Belgian bank account has been created). For more information visit this link or contact the nearest Belgian embassy.
The Advanced Master in Innovation & Entrepreneurship offers:
MIP-Solvay experience: enjoy real student life and constant, enriching connections with the business world
Interactive teaching methods: in-depth lecture-based teaching, case-studies, design and experimentation labs, on-the-field training and exposure to mentorship and corporate projects
Field Projects: New Venture Lab & Innovation in Action Lab
A unique mix of academics combining professional and theoretical expertise
Career and start-up support: individual career coaching in both universities
The opportunity to become part of Solvay’s and MIP’s Alumni Networks
“Being taught by extremely knowledgeable professors, assigned to different projects, case studies and workshops, interacting with 30 classmates coming from 15 countries, studying in two countries, helped me to understand different cultures, enhanced my team-building skills and most importantly, inspired me to think creatively.”- Shuxiao Kong, Marketing & Communication Assistant Yejo Circle, Alumna
Advanced Masters alumni and students talk about their Solvay experience ↴
For more information on MIP Politecnico di Milano please click here and on Solvay Brussels School please click here.
“The 3 key words that definitely sum up my experience are: passion, network and quality, in terms of the classes that we have, the people that we meet and career opportunities that we have.”
Alexandre Tombeur, Founder Venga, Alumnus
“We are a group of 34 people with 16 nationalities which creates a very interesting learning and challenging working environment. During the lectures active participation is key. It’s definitely an eye-opener and it makes you think even further.”
Pauline Opdebeeck, Alumna
“The uniqueness of the program lies in the genuine cross-cultural experience it offers. We learn how to think and act like professionals in an accurate sample of the working world today.”
Catherine Baggio, Alumna
“Professionally wise the master actually brought me a job ! During the master, we had to work as consultants for a company of our choice; so I ended up at that company and I actually never left.”
Vincent Nédée, Head of business development Appiness, Alumnus
“The course is meant to make you open to new opportunities and radically change your mindset by experiencing a variety of subjects in very dynamic and interactive class sessions. I can now make my first steps in the entrepreneurial world with a proper toolbox thanks to this program.”
Samory Silla, Alumnus
“The diverse blend of cultures has increased my understanding of other people choices and lifestyle, I believe it helped me to become more flexible and compliant to changes.”
Azhar Mambetova, Coordinator of Strategic Projects FINCA BANK Kyrgyzstan, Alumna
“Being taught by extremely knowledgeable professors, assigned to different projects, case studies and workshops, interacting with 30 classmates coming from 15 countries, studying in two countries, helped me to understand different cultures, enhanced my team-building skills and most importantly, inspired me to think creatively.”
Shuxiao Kong, Marketing & Communication Assistant Yejo Circle, Alumna
Keep me posted