Aarhus University Seal / Aarhus Universitets segl

INNOVATION MANAGEMENT AND BUSINESS DEVELOPMENT 

About the programme 
Language: English  (See language requirements)  | Place of study: Aarhus  |  Commencement: August / September (no winter intake)

Introduction

MSc in Economics and Business Administration - Innovation Management and Business Development educates agents for change, entrepreneurship and innovation. Graduates will master the complex process of innovation, starting at the identification of new ideas, product/service or opportunities that create future growth and value for new and existing businesses. You will be able to manage (design, finance and implement) innovative ideas and ventures in various settings as business developers, project managers or entrepreneurs based on the most recent knowledge about the innovational and entrepreneurial processes and their pitfalls.

Different courses will also train you in how to work creatively with problem solving, how to translate theory into practice and collaborate across diverse knowledge domains. The master's degree is taught in close contact with firms and with a combination of lectures, assignments and hands-on work with cases and projects. 


"At the MSc in Economics and Business Administration - Innovation Management and Business Development everything is built around 'hands on' work where we work with people from Research & Development departments to get a real life picture of how to develop new products. We have also had the opportunity to develop a product where we have been invited by a company to do further development at their facilities.

I would like to be part of a R&D team in a company with a lot of focus on innovation. Innovation management helps me to see the bigger picture and eventually I would like to manage the process of innovation."

Admission Requirements

Students that hold a Bachelor of Science degree in Economics and Business Administration (HA) or variants hereof from Aarhus University can pursue direct admission to the MSc programmes in Economics and Business Administration after they complete their Bachelor’s degree programme.

If you hold a Bachelor’s degree in Economics and Business Administration, Bsc (HA) from one of the Danish universities, you fulfill the specific admission requirement for the Master’s degree programmes in Economics and Business Administration (cand.merc.).

If you hold a Graduate Diploma in Business Administration (HD), you can also pursue admission to the MSc programmes in Economics and Business Administration. However, it is required that you complete supplementary courses corresponding to 20 ECTS. For information on which supplementary courses you should take please check the overview of supplementary courses for HD (available only in Danish).   

Students that hold a degree from another university

If you hold a degree from another university, your qualifications will be assessed once you have applied for admission. You can also have your qualifications pre-assessed by Aarhus University, Admission between 1 September and 31 October in order to find out if you meet the admission requirements. Please contact ma.admission@au.dk for further information about pre-assessments between 1 September and 31 October.  The assessment will prioritize the sufficient content of the following subjects and ECTS-points:  

Quantitative and Qualitative Methods

15 ECTS

Managerial Economics and Operations Management

15 ECTS

Marketing

7,5 ECTS

Finance and Accounting

15 ECTS

Organisation- and Leadership Theory

7,5 ECTS

Microeconomics

5 ECTS

Additional ECTS points within the abovementioned areas

15 ECTS

Total ECTS within Economics and Business Administration

80 ECTS

Language requirements

Since English is the language of instruction in all subjects, all applicants are required to provide evidence of their English language proficiency.
Please see the page on language requirements.

Programme Structure

ACADEMIC REGULATIONS

Below is an outline of the courses:


The study programme consists of two semesters in the first year which cover the compulsory courses in the programme specialisation and two semesters in the last year which are reserved for the student's own specialisation.

In the first semester you follow the prerequisite courses that form the methodological and academic basis for the further study programme.

In the second semester you follow the specialisation courses of the programme.

In the third semester you can choose elective courses within your areas of interest. The courses can either be taken at Aarhus BSS during the semester, at the Summer University or at one of our more than 300 partner universities abroad. You can also participate in project-based internship programmes either in Denmark or abroad.

The fourth semester is devoted to the final thesis. You may choose the topic of the thesis freely and so get a chance to concentrate on and specialise in a specific field of interest. The thesis may be written in collaboration with another student or it may be the result of your individual effort.

Student Life

Student Life at Aarhus BSS from Aarhus Universitet on Vimeo.

Learning in an International Context

At Aarhus BSS, we conduct research at the highest academic level.

All researchers employed are engaged in research projects covering a wide range of different subjects and focusing on knowledge and skills considered essential for professional business activities in the global marketplace. All faculty have both research and teaching responsibilities, which means that our teaching is continually based on the latest research results.

Aarhus BSS is very internationally oriented. The broad scope of our research activities and educational programmes enable us to attract researchers, teachers, and students from all over the world, and this creates an international environment for research and learning in which academic views are exchanged, experiences are gathered and friendships are formed.

Aarhus University is a leading university in Denmark in building student exchange opportunities. The university encourages all students to spend time studying abroad. Every year, more than 700 students from Aarhus BSS go abroad to participate in exchange programmes around the world at our more than 300 partner universities. About the same number of students from all over the world come to participate in the exchange programme in Aarhus, and this contributes to a truly international learning atmosphere.

Follow the student life at Aarhus University

-experienced, photographed and filmed by the students themselves.

With thousands of pictures #yourniversity gives insight into the everyday life as a student at AU; the parties, procrastination, exams and all the other ways you’ll spend your time at university.

 

The photos belong to the users, shared with #Yourniversity, #AarhusUni and course-specific AU-hashtags.

Career

Tasks as a Graduate

 

  • Analysis/evaluation
  • Administration, case-handling and secretariat functions
  • Communication and research communication
  • Marketing/advertising
  • Customer and citizen services
  • Management and organisation
  • Other

This data is derived from AU's 2013/2014 employment survey. This data should not be considered a completely accurate representation of the labour market and job functions for all graduates of the individual degree programmes. It exclusively represents the responses submitted to the survey in the years in question.

JOB PROFILE

The MSc programme in Innovation Management and Business Development will provide you with the competences and skills to take up managerial positions in both producer companies and consulting firms and work specifically with

  • Planning and implementation of innovation strategies
  • Creation and advancement of innovative processes
  • Development of new businesses

In large companies, the candidates will be champions of innovation by bridging the gap between the R&D, production and sales activities, thereby supporting and shaping the innovation culture.

In small- and medium-sized companies, the candidates will act as entrepreneurs combining technological know-how with profound business understanding.

    From Studies to the First Job
    ”If you can find a student job while you are studying, there is a big chance you will be staying longer, or getting a full time job after graduation. Be patient and work hard.” (MSc in Economics and Business Administration - Innovation Management and Business Development) 

    Read more about what a number of our alumni work with in their first job after graduation.


    PROFILE OF COMPETENCIES

    The research-based MSc study programme in Economics and Business Administration builds on the competencies and insights acquired in the BSc study programme in Economics and Business Administration.

    The study programme provides the graduate with specialist knowledge within the disciplines of the study programme, which that give the graduate high academic qualifications to develop solutions to issues pertaining to business administration in companies and organisations in the public and private sectors.

    The study programme also qualifies the graduate for further studies, including PhD studies.

    Through the study programme, the graduate has acquired knowledge that enables the graduate to

    • Understand and analyse how to manage innovation for the strategic development of organizations 
    • Manage the challenges and opportunities of innovative and entrepreneurial work
    • Master the complex processes of innovation that creates value for new and existing businesses 
    • Understand and consider knowledge pertaining to the various disciplines as well as identifying academic issues
    • Master the scientific methodologies and tools of the various disciplines as well as mastering general skills associated with employment within the areas studied
    • Assess and choose among the scientific methodologies and tools of the various disciplines as well as developing new analysis and solution models
    • Discuss professional and academic issues with both specialists and laymen
    • Manage work and development situations that are complex, unpredictable and require new solution models
    • Initiate and carry out, on an independent basis, monodisciplinary and interdisciplinary collaboration and take professional responsibility
    • Take responsibility, on an independent basis, for own professional development and specialisation