Entrepreneurship and Innovation

Social relevance

Innovation is a key factor for the success of many companies. However, innovation and commercialisation is a demanding process where a crucial factor is the ability to evaluate, analyse, implement and commercialise a good or a service. This master's programme educates candidates who can contribute to the commercialization of their own or other people's ideas for a new product or service.

Qualifications after graduation

Graduates from this master's programme can choose between many interesting fields of work, both in the public sector and in industry and commerce. Candidates with this background can work in venture companies, investment companies, in research departments of larger companies and in public institutions working with research and innovation.

Admission requirements

Admittance to this programme requires a bachelor's degree or equivalent, preferably with a major in science or engineering. Students with a bachelor's degree in other fields will also be considered for admission.

Learning outcomes

Knowledge: This master's program trains candidates who can develop ideas and contribute to innovation processes in business and management. Moreover, they learn to start their own businesses. They will have knowledge of the process associated with the commercialization of a product or service and they will have experience of such processes through project reports and internship. After graduation, graduates will have knowledge of innovation, entrepreneurship, business development and commercialization. They will know the central theory and literature while they can apply that knowledge. Skills: Candidates should be able to apply the knowledge they acquire on the issues and challenges within their own enterprise, business and management. Candidates will be alone and in multidisciplinary teams to analyze and prepare reports on relevant issues in the fields. The candidate should be able to know the different traditions in the fields and analyze technical issues with reference to the different academic traditions Candidates should have an academic critical attitude to information sources and established scientific truths' Candidates should have formed a valuable network during the study The candidate must have a mature approach to ethical dilemmas and analyze these in a good way This runs like a red thread throughout the program and permeates all courses. Our graduates should be able to be agents of change and contribute to restructuring and growth in the organizations they work in. General competence: Candidates should be able to emerge as professional experts in innovation and entrepreneurship Candidates should be able to work independently with problem solving in innovation. They have gained a national and international network through the study and will be able to use this in problem solving. Candidates should be able to be driving forces in entrepreneurship and innovation in the private as well as public sector. The candidate should be able to conduct research and development in line with current ethical standards and research methodology. The candidate should be able to develop solid technical reports under the guidance of innovation and entrepreneurship. They should have knowledge of key journals, established theories and ongoing research.

Learning activities

The programme's approach to teaching and learning is based on five main elements: student effort, engagement, commitment, independence and responsibility. The students must be open to untraditional teaching methods. This programme puts less emphasis than most university study programmes on lectures and school examinations. The students are expected to contribute in class, and class attendance is compulsory to a certain degree. Furthermore, the students are expected to contribute in problem solving, projects and assignments. Report writing, presentation of ideas and problem solving will be used as important educational approaches.


The students will be assessed through projects, assignments, presentations and written and oral examinations. This master\'s programme places a specific emphasis on the students' ability to structure complex problems and their use of theory in problem solving.

Programme contents and structure

The programme begins with an introduction to innovation and management accounting. Later the focus turns to the development of business plans, and students work on actual projects or ideas from researchers, private or public businesses. A stay in Gründerskolen is a compulsory part of the programme.

Cooperation with other institutions

Cooperation with companies and research institutions is one of the key elements of this master's programme. The students will collaborate with private companies, research centres and educational institutions, through projects, master's thesis, lectures and excursions.

Studies abroad

A stay at Gründerskolen is a compulsory part of this programme, comprising nearly one semester.

Arrangements for incoming exchange students

This master's programme is composed of a variety of courses that are specifically designed for this programme. These courses are only offered to students in the programme and have limited access. Guest students are asked to choose courses from the remaining courses offered by School of Economics and Business. School of Economics and Business course portfolio contains courses within most of fields of study included in the Innovation and Entrepreneurship master's programme.


You can find general information on accessibility and individual facilitation for students with disabilities or special needs at NMBU here: http://www.nmbu.no/Learning-environment/article/student-everyday-life

Published 1. August 2014 - 12:02 - Updated 28. November 2016 - 10:22