Executive Education


In this course, participants have the opportunity to develop business ideas, to learn what it takes to be an intrapreneur and how to form an idea/technology into a sound business concept or plan. The bases for the creative and analytical problem solving process are identifying opportunities and systematically developing them into business concepts. Participants will start with an idea/technology and are guided through the process of developing a rough concept into an attractive business idea with a special focus on the iterative nature of developing an idea into a business. Also, best practices and real life examples from the startup world will grant a practical deep dive.

Any questions?

Get in touch!

Susanne Krieger

 +49 69 79833510


 Newsletter Registration


This course is offered in the part-time Master of Pharma Business Administration MBA program and may be attended on a “no credit” basis by individuals not enrolled in the program. Course participants are visitors who are not responsible for assignments and do not take an exam or earn academic credits. As the number of seats in the course is limited, we recommend to register online early.


Upon completion of this course, you will know how to:

From a content perspective:

  • search, recognize & assess business opportunities
  • enrich business ideas by applying appropriate tools & techniques 
  • discover customers & their needs
  • evaluate the ecosystem around business ideas
  • create profitable & sustainable business models
  • apply creativity techniques in an appropriate way

From a project management perspective:

  • structure a fuzzy project & to tackle uncertainty
  • break down complex tasks into manageable modules
  • deal with several stakeholders at once
  • manage different ways to target & to arrive at a decision
  • nail down the relevant project outcomes in a business proposal

From a team management perspective:

  • learn how to effectively handle interdisciplinary team settings
  • work in teams efficiently by incorporating the strengths of each team member into the process
  • cope with different work styles, opinions & perspectives

From a communication perspective:

  • engage in vivid discussions & interactive group sessions
  • present project outcomes for different target groups

In order to achieve the goals of this course, you must master the following key concepts:

  • Opportunity Recognition & Idea Development
  • Intrapreneurship & Entrepreneurship Principals
  • Team Formation & Scaling

Dr. Thomas Funke

Dr. Thomas Funke, co-director and co-founder of TechQuartier, the incubator for the FinTech scene in Frankfurt, has been active in the global startup ecosystem for more than 15 years. With his latest project, a German-Austrian startup 'Tomorrow's Education', the education innovator wants to virtually merge the innovation ecosystems of Berlin and Frankfurt and build a globally accessible education platform. From 2013 to 2016, Thomas headed the startup and innovation department at the RKW Competence Center, a think tank of the German Federal Ministry for Economic Affairs and Energy, and has taught on the topic of entrepreneurship for many years in various programs at GBS.

Dr. Sebastian Schäfer

Dr. Sebastian Schäfer is a Cambridge-born behavioral economist and innovation enthusiast. As entrepreneur and lecturer, he has been engaged in building a dynamic startup scene in the Metropolitan region for many years. Prior to founding TechQuartier, Sebastian was head of Goethe University’s business incubator and research fellow at the management and microeconomics department. He lectures at Goethe Business School and is associated with the Center for Leadership and Behavior in Organizations and the Frankfurt Laboratory of Experimental Economics at Goethe University.

Key Facts

Course materials

Course materials will be provided in electronic form.




On Campus Westend of Goethe University Frankfurt and partially online via Zoom.

Certificate of participation

A GBS certificate of participation is awarded upon completion of the course.

Course Fee*

€ 1.900 (fee is exempt from VAT). The fee for GBS students or alumni amounts to € 800.

*Withdrawal and fee refund
In case the course withdrawal request is received two weeks prior to the start of classes, GBS will retain a withdrawal fee of €50. In case the course withdrawal request is received less than two weeks prior to the start of classes, GBS will retain 50% of the payment made.

Course Schedule
Date Session
Fri., Oct. 07, 2022 13:00 - 15:00; 15:30 - 17:30; 18:00 - 20:00
Sat., Oct. 08, 2022 09:00 - 11:00; 11:30 - 13:30; 14:30 - 16:30
Fri., Oct. 21, 2022 13:00 - 15:00; 15:30 - 17:30; 18:00 - 20:00
Sat., Oct. 22, 2022 09:00 - 11:00; 11:30 - 13:30; 14:30 - 16:30

There are two main things which make returning for Open Programs such a valuable and worthwhile experience. The first is being back on campus – meeting the current students, returning to campus again, the whole experience was just so pleasant. The second is the level of quality in the courses – the faculty teaching are absolute experts.

Stephan KieneDuke-Goethe Executive MBA Class of 2009


This Open Program will be offered in the summer semester 2023
Registration will be possible soon.

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