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Impact MBA in Responsible Entrepreneurship & Venture Creation
Who is this program for?
Startup Founders
Innovation Managers
Professionals Scaling or Funding Projects
Purposeful Career Shifters
Hear What It’s Really Like
I joined to invest in myself. I left with a clearer sense of purpose and the confidence to turn my idea into a business that empowers women.
Evelyn Fischer, ToU Learner
Redefining Executive Education for a World in Transformation
The Global Impact Executive MBA at Tomorrow University is an exclusive and executive experience designed to shift how you think, decide, and lead - through global, high-trust onsite moments, peer-level sparring, senior coaching and a format that respects executive reality.
Designed for executive reality
Built for leaders with high responsibility, unpredictable schedules, and zero tolerance for inefficiency. Learn flexibly whenever and wherever you want. Tackle real-world challenges that inspire you.
Global in-person experience
Step out of your operational routine and into moments designed to shift perspective, deepen relationships, and anchor your decisions in real global impact. Experience carefully curated onsites across the globe: intentional, rare, and designed for leaders who demand more than theory.
Executive network & trusted sparring
You learn alongside leaders who operate at comparable responsibility levels — people who challenge your thinking, understand your reality, and become long-term sparring partners beyond the program.
At Tomorrow University you don’t get a classroom. You get a trusted executive circle.
Designed for Working Professionals who want to Create Real Change
Combine business development, venture finance, and prototyping to scale impact-driven ideas.
Format
Duration
60, 90 or 120 ECTS
Tuition Fees
Language
Four Intakes / Year
Flexibility
Learn from Experts
Community
Education That Actually Works in the Real World
A curriculum linking business development, product development, and venture finance.
Develop sustainable business models
Learn to design sustainable business models that ensure value creation and funding readiness to ensure the long-term success of your venture.
Master venture finance fundamentals
Learn how venture finance works, explore funding options, and prepare investor-ready financial narratives.
Prototype and validate solutions
Learn how to move from idea to prototype through a systematic approach to customer and product development, combined with continuous iteration.
Communicate value and impact
Learn how to position ventures through branding, storytelling, and impact communication to attract your target audience effectively.
A Curriculum That Adapts To You
1. Orientation
2. Calibration
3. Elevation
4. Activation
Where this degree can take you
Master of Business Administration
Startup Founder
Entrepreneurs who build, fund, and scale responsible startups across industries.
Venture Manager
Innovation managers leading new ventures, products, and internal startups.
Business Developer
Professionals managing the funding and growth of important projects across all phases.
Jobs you can do
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Startup Founder
40,000 – 60,000 EUR / Year
Venture Manager
65,000 – 85,000 EUR / Year
Business Developer
60,000 – 80,000 EUR / Year
Innovation Manager
55,000 – 75,000 EUR / Year
Investing Pays Off
By studying an accredited Impact MBA in Responsible Entrepreneurship & Venture Creation, you invest in skills that stay relevant across roles, industries, and life stages. You gain a rigorous foundation, a portfolio of projects, and a community that supports your ongoing development as an entrepreneur and innovator.
Combine Industry Expertise with Academic Knowledge
Tim Schumacher
Industry Expertise
Tim Schumacher is a seasoned entrepreneur and General Partner at World Fund. He invests in impact-driven founders worldwide, backing bold ideas and innovative ventures that accelerate the shift toward a sustainable future.
Academic & Industry Expertise
Our dedicated professors are appointed in compliance with the Hessian Higher Education Act, adhering to the strict requirements set for all state universities in Germany.
Prof. Dr. Maren Ingrid Kropfeld
Prof. Dr. Sami Asad
Prof. Dr. Nellie Marangou
Gabi Lipan
Prof. Dr. Daniela Peukert
Prof. Dr. Jonathan Costa
Prof. Dr. Sinem Solak
Prof. Dr. Maximilian Lude
Our Community 💜
Where Online Learning meets In-Person Connections. Get the best of both worlds.
Join a purpose-driven community of learners, alumni, and partners working toward meaningful change. Learn collaboratively, share knowledge, and make an impact — together.
Online Learning
Learn flexibly whenever and wherever you want. Tackle real-world challenges that inspire you. Select your courses based on your mission. All while being surrounded by an inspiring community online.
In-Person Connections
Our community comes together regularly to connect and grow. You’ll join a group of changemakers who support each other, build together and push each other forward.
Explore Other Programs
Tomorrow University’s MBA programs provide the skills, knowledge, and mindset to lead with purpose and drive sustainable innovation.
Our Five MBA Programs
Join Our Open Day
Explore if Tomorrow University is the right path for you.
Meet the Community
Connect with faculty, learners, and the team supporting your journey.
Experience Our Approach
See how applied learning and real-world practice come to life.
Get Your Questions Answered
Receive clarity on curriculum, workload, and your own next step.
Hear What It’s Really Like
“I arrived curious and left inspired. The Open Day showed me how this program could reshape both my career and my mindset.”
Richard Menning, Impact Master of Science
Accessible Learning, Flexible Financing
Financial Support That Fits Your Journey
Learn Now, Pay Later
Regional Pricing
Tax Refund
BAföG State Funding
Eligibility Criteria
Formal Criteria
- 60 ECTS
- Prior ECTS required: 210 ECTS minimum
- Work experience: min 5 years, ideally with leadership experience
- Ideal for: Senior Professionals with a strong academic background
- Why choose this: fast-track your MBA with executive experience
- 90 ECTS
- Prior ECTS required: 180 ECTS minimum
- Work experience: min 2 years
- Ideal for: Professionals with a Bachelor’s degree and solid work experience
- Why choose this: most flexible option, ideal for mid-career professionals
- 120 ECTS
- Prior ECTS required: 180 ECTS minimum or vocational training + training experience
- Work experience: min 2 years
- Ideal for: early-career professionals or applicants with vocational training
- Why choose this: ideal if you plan to pursue a doctorate or have a non-traditional academic background
- All applicants must demonstrate at least two years of professional experience. One year must be proven at the start of the program, and the second year must be proven by graduation.
- Sufficient English language proficiency is required, at a minimum B2 level according to the European Framework of Reference for Languages.
- Applicants must show strong motivation, demonstrated through the application form and evaluated during the admission process.
- An admission interview is mandatory to assess eligibility and alignment with the program.
Admission without an Undergraduate Degree
- Applicants may qualify without an undergraduate degree if they have successfully completed a minimum of a two-year, recognized vocational training program in Germany, accompanied by several years of relevant professional experience. This requires passing the ToU IMBA Entrance Exam.
- The vocational training must result in a diploma or degree, typically earned over two or three years, and demonstrate a focus on preparing for a specific trade or professional career. Short-term certifications or one-year training programs do not qualify.
Policy on ECTS Credits and Graduation Requirements
- To graduate with an MBA, learners must achieve a total of 300 ECTS by the end of the program.
- For those with a 180 ECTS bachelor’s degree entering the 90 ECTS IMBA, 30 ECTS will be credited from professional experience.
- In exceptional cases, learners with a 210 ECTS bachelor’s degree entering the 60 ECTS IMBA may have 30 additional ECTS recognized from professional experience, provided they have at least five years of relevant work experience, including leadership experience.
- Professional experience credited as ECTS must be closely related to MBA topics, with a preference for leadership roles. This extra experience must be in addition to the standard two-year professional experience requirement.
- Applicants with higher academic achievements (e.g., a 180 ECTS bachelor’s degree and a 120 ECTS master’s degree) may fulfill the 300 ECTS requirement through their previous studies.
Scholarships
Sustainability Impact Scholarship
About
This scholarship supports individuals passionate about sustainability and committed to driving environmental and social change through responsible leadership.
Criteria
- Clear mission centered around creating positive change across the society, environment and economy.
- Record of participation in initiatives focused on sustainability and positive impact like projects, ventures, or volunteering, activism, associations, clubs OR tangible impact created.
- Clearly defined field of involvement (e.g. environmental cause).
- A plan of how the applicant will engage within and beyond the ToU community.
Application Process
- Video or letter of motivation: Submit either a video or letter of motivation elaborating on how you meet the above mentioned eligibility criteria. On average, we advise 5 minutes for the video or 600 words, telling us why you are the ideal candidate for this scholarship and how you exemplify its essence.
- Submit your CV to give us a glimpse on your previous educational or professional background.
Evaluation Process
- Committee evaluation: Our dedicated scholarship committee will diligently review your application.
- Community fit: Our admissions and learner success team will evaluate your Tomorrow University Community fit in a call.
- Timely response: We will come back with you in maximum 5 working days.
Tech Innovator Scholarship
About
This scholarship is for tech enthusiasts, innovators and future technopreneurs driven by a deep passion to leverage technology for innovation and positive change.
Application Process
- Video or letter of motivation: Submit either a video or letter of motivation elaborating on how you meet the above mentioned eligibility criteria. On average, we advise 5 minutes for the video or 600 words, telling us why you are the ideal candidate for this scholarship and how you exemplify its essence.
- Submit your CV to give us a glimpse on your previous educational or professional background.
Evaluation Process
- Committee evaluation: Our dedicated scholarship committee will diligently review your application.
- Community fit: Our admissions and learner success team will evaluate your Tomorrow University Community fit in a call.
- Timely response: We will come back with you in maximum 5 working days.
Entrepreneurial Talent Scholarship
About
This scholarship supports individuals with innovative ideas and entrepreneurial ambition, helping them launch or scale their ventures and turn visions into reality.
Application Process
- Video or letter of motivation: Submit either a video or letter of motivation elaborating on how you meet the above mentioned eligibility criteria. On average, we advise 5 minutes for the video or 600 words, telling us why you are the ideal candidate for this scholarship and how you exemplify its essence.
- Submit your CV to give us a glimpse on your previous educational or professional background.
Evaluation Process
- Committee evaluation: Our dedicated scholarship committee will diligently review your application.
- Community fit: Our admissions and learner success team will evaluate your Tomorrow University Community fit in a call.
- Timely response: We will come back with you in maximum 5 working days.
Global Diversity Scholarship
About
This scholarship aims to close the opportunity gap by supporting underrepresented talents, empowering diverse voices in sustainability, technology, entrepreneurship, and leadership.
Criteria
- Applicant must be a member of an underrepresented or marginalized group (including but not limited to underrepresented racial populations, women, LGBTQI, low income, individuals with disabilities, etc.)
- Applicant shows record of academic excellence and proof of hard work in prior education.
- A plan of how the applicant will engage within and beyond the ToU community.
Application Process
- Letter of motivation: with approximately 600 words for all the questions that follow: a) introduce yourself and include an account of your early years i.e. where you grew up; how you financed your previous education; b) briefly describe how you envisage contributing to the future development of your field of study; c) give us the main reason why you think our program is relevant to your future professional and personal development.
- Submit your CV to give us a glimpse on your previous educational or professional background.
Evaluation Process
- Committee evaluation: Our dedicated scholarship committee will diligently review your application.
- Community fit: Our admissions and learner success team will evaluate your Tomorrow University Community fit in a call.
- Timely response: We will come back with you in maximum 5 working days.
Why our Learners Love Tomorrow University 💜
No Exams, Challenge-Based Learning
Remote, with Global Community Support
Personalized Learning for Real-World Impact
Frequently Asked Questions
What is the best online university for sustainable business management?
We believe the “best” online university for sustainable business management changes from student to student. When considering which is the best online university for you, you’ll probably consider the ideal combination of high-quality education, affordable tuition, an easy credit transfer system, a top-notch online learning experience, a likeminded community, relevant content and a supportive faculty. And, of course, the opportunity to apply your skills and knowledge to your mission and desired career progression. 96% of our students rate us 5 stars for going beyond their expectations. Our only mission is your success—so we’re always working to provide you with the absolute best online learning experience and lifelong value.
What is the eligibility criteria?
- 60 ECTS
- Prior ECTS required: 210 ECTS minimum
- Work experience: min 5 years, ideally with leadership experience
- Ideal for: Senior Professionals with a strong academic background
- Why choose this: fast-track your MBA with executive experience
- 90 ECTS
- Prior ECTS required: 180 ECTS minimum
- Work experience: min 2 years
- Ideal for: Professionals with a Bachelor’s degree and solid work experience
- Why choose this: most flexible option, ideal for mid-career professionals
- 120 ECTS
- Prior ECTS required: 180 ECTS minimum or vocational training + training experience
- Work experience: min 2 years
- Ideal for: early-career professionals or applicants with vocational training
- Why choose this: ideal if you plan to pursue a doctorate or have a non-traditional academic background
- All applicants must demonstrate at least two years of professional experience. One year must be proven at the start of the program, and the second year must be proven by graduation.
- Sufficient English language proficiency is required, at a minimum B2 level according to the European Framework of Reference for Languages.
- Applicants must show strong motivation, demonstrated through the application form and evaluated during the admission process.
- An admission interview is mandatory to assess eligibility and alignment with the program.
Is the Impact MBA accredited?
Our Impact MBA program is accredited by Germany’s Accreditation Council through the Accreditation, Certification, and Quality Assurance Institute (ACQUIN), a reputable non-profit organization association comprising over 150 higher education institutions in Germany and abroad.
How much of the tuition fee is covered by scholarships?
Making education accessible to everyone is one of our core goals. That’s why we offer scholarships of up to €1,500, as well as a Regional Price Grant of up to €8,000—depending on where you live. You can learn more in our financial support section or by reaching out to our team.
Is an online degree recognized?
Yes. The online format is widely accepted as a legitimate pathway to the same learning and outcomes you’d get in the classroom. At Tomorrow University, we ensure our programs meet the strict standards of higher education, while offering our learners different, often more flexible pathway to the same degrees offered in traditional university settings.
Can you get a job with an online degree?
Yes. The online format is widely accepted as a legitimate pathway to the same learning and outcomes you’d get in the classroom. The majority of our alumni are actively contributing to positive change in fields such as technology, healthcare, and sustainability.
How will I know if I'm accepted?
There is rolling acceptance which means we will be in touch with you within two weeks of submitting your application with the status.
Can you provide me with a visa to study in Germany?
The German Immigration Office requires students to attend in-person classes in Germany to be eligible for a student visa. Since our programs are 100% online and do not require physical attendance, you are not eligible for a German student visa through Tomorrow University.
Get the Curriculum
Discover how Tomorrow University empowers you to shape the future. Get the curriculum to explore our program, our learning model, and community, and see how you can develop the skills and mindset to create real-world impact.
Impact MBA in Responsible Entrepreneurship & Venture Creation
An Impact MBA in Responsible Entrepreneurship & Venture Creation to build, fund, and grow evolutionary organizations from a place of radical responsibility and inner clarity.
Flexible formats (12, 18 or 24 months), self paced online courses, while-working.
Challenge-based learning with industry experts and personalized support.
Supportive community that shares your interests and learning path.