Entrepreneurship and Innovation - master

120 credits, taught in Norwegian. Contact: UMB School of Economics and Business: www.umb.no/ior

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.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.

Internationalisation, studies abroad and exhange agreements
Students on this programme receive a unique opportunity to get international experience, an international network and language skills when they attend Gründerskolen. A stay in Gründerskolen is a compulsory part of this master\'s programme. Innovation and Entrepreneurship must be seen in an international context, and this study programme has an international profile which is reflected in course contents, student projects etc.A stay at Gründerskolen is a compulsory part of this programme, which makes up nearly one semester.

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

Related studies
Students in the study programmes Master\'s degree in Economics or Master\'s degree in Business Administration, with a major in Economic Development and Entrepreneurship, will cover some of the theoretical content of this programme. The master\'s programme in Industrial Economics can also cover some of the aspects of this programme.

Learning goals
This programme qualifies candidates to develop ideas and start their own viable businesses. Graduates from this programme should be a driving force for entrepreneurship and innovation in private companies and the public sector. This study programme has a special emphasis on research related innovation and commercialisation. Programme graduates will have knowledge in economic and administrative subjects related to entrepreneurship. They will have theoretical knowledge about the process of commercializing a product or a service, and they will have experience from such processes. The students will in addition obtain a valuable network through their studies.

Teaching and evaluation methods
The programme\'s teaching is based on five main elements: student efforts, engagement, commitment, independence and responsibility. The students must be open to the use of 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 measures.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 content
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.

Spesialisation requirements
Students in this programme specialise in innovation and entrepreneurship, and due to the large number of compulsory activities in the programme, there is no room for further specialisation. The compulsory courses in this programme fullfill the rules for a specialisation in a master\'s degree.

Student advising

Evaluation