In creating a more sustainable society, ample of time and resources are invested in innovation and finding solutions to several of problems we face. To make sure these new ideas become realized and utilized, society and the next generation of businesses need entrepreneurs who can take the lead in making this happen.As a student you will become an expert in creating value for people and organizations, turning you into an entrepreneurial key player in the utilization of innovation.
Through real-life innovation management, venture creation and action-based pedagogy, where innovation and entrepreneurship are experienced and not only taught in classrooms, you as a student will be in the driver's seat. You will not merely learn a topic or prepare for a career, but learn by acting, creating and reflecting. At Chalmers, you will be given the opportunity to assess innovative ideas, start companies, drive social entrepreneurship projects or work on entrepreneurial projects within large corporations.
We offer a world class and truly unique education where you will be able to test and develop your entrepreneurial skills and by working close to teachers, classmates and other professionals, learn not only about innovation and entrepreneurship but also about yourself by exploring your part in the bigger picture.
Through understanding complexity and in finding both needs, problems, and solutions, you will become a key player in the realization and commercialization of ideas and innovations. Making sure they are utilized in the best possible way you will be bridging the gap between researchers and business management, actively creating value.
One of the ambitions is for students to create and have a company running by the end of the second year. The creation of new companies is done in partnership with Chalmers Ventures and an external idea partner. Over the past 20 years, we have seen companies being created within renewable energy, medical devices, medical treatments, mineral analysis, and new materials, just to name a few.
Students also engage in social entrepreneurship projects, work entrepreneurially within established organizations and help identify and package intellectual assets.
Action Based Educational Methods
The programme is built around an interactive, action-based pedagogy, through which you learn to manage the complexity of knowledge-based business in both simulated business scenarios and from the development of real innovation projects.
The action-based pedagogy, in combination with a large amount of team-based simulations and the high pace, ensures that you will be ready to hit the ground running after graduation, regardless of which career you pursue.
Realization/Utilization of Innovations
During the second year of the education you will be given the opportunity to try your own ability as a venture creator (Venture Creation in Bioscience and Technology tracks) work with innovation management and develop early-stage intellectual assets from R&D (Intellectual Capital Management track) or work with innovative projects within partner companies (Corporate Entrepreneurship Track). By contributing to the entrepreneurial capacity of the Gothenburg Innovation system you will play an active role in Chalmers’ ambition in the utilization of innovations, one of the university’s main goals.
Other Programmes that might interest you
Quality and Operations Management
Entry requirement (academic year 2019/20)
General entry requirements
An applicant must either have a Bachelor's degree in Science/Engineering/Technology/Architecture or be enrolled in his/her last year of studies leading to such a degree.
The Master's programme in Entrepreneurship and Business Design is the exception to this rule as this programme admits applicants with Bachelor's degrees from other fields as well.
Specific entry requirements
Bachelor's degree with a major in: Engineering, Science, Business, Law, Design or the equivalent
Alternative selection: Selection based on personal letter, case and interviews.
To ensure a dynamic mix of students with different backgrounds and an entrepreneurial mindset the programme has an alternative selection based on a written application, a case exercise and interviews.
Chalmers Bachelor’s degree
Are you enrolled in a Bachelor’s degree programme at Chalmers now or do you already have a Bachelor’s degree from Chalmers? If so, different application dates and application instructions apply.
First term – Business Creation Lab
The introduction term, also known as the Business Creation Lab, contains the same mandatory courses for all tracks. Together, the three courses build a common ground for all students to build upon when they eventually will focus on their respective profile tracks. The subject areas presented in the courses are building blocks that are relevant for building and developing a knowledge-based business. Aspects that are covered are e.g. Intellectual Property Strategies, Innovation Strategies, and general concepts and frameworks around entrepreneurship.
In order to tie the three courses together the students work with the same business case throughout the term. The case should simulate the start of a new venture, and course assignments are intended to be applied on the case. As the courses progress there is also progress in the simulated venture. E.g. you analyse your patent situation and formulate strategies around that, you analyse the technical components from a value perspective in order to decide where to focus your R&D, and you pitch your venture and negotiate investments.
The simulation of creating a venture offers experiences that are relevant for all profile tracks. It trains students in working in multidisciplinary teams, it trains students in navigating through uncertainty, it trains students in the importance of working iteratively, and it serves as a good way to illustrate how management, economics, law and technology are intertwined when it comes to building knowledge-based business.
Teaching takes place as traditional lectures where subjects and tools are introduced, and then combined with exercises and practical elements where you get to demonstrate your understanding of the subject. Examinations are in the form of more traditional written exams and case deliverables, but also as more reflective home exams.
Corporate Entrepreneurship Track
The mandatory course in Idea Evaluation starts the spring term for students in the CORP track. By learning a framework to evaluate and appreciate early stage ideas the students will have a good basis to build upon when starting their master’s thesis projects. Within the programme we also offer a course in organizing for innovation that is strongly recommended for the CORP students. However, the students are also free to choose other courses in engineering and management in order to create their own profile of the education.
The second and final year is devoted to the corporate project in combination with writing a master’s thesis. A lot of time is spent at the partner companies where the students work in teams of two, but there are also peer learning sessions scheduled at Chalmers. Together with the management at the partner company the students will work hands-on in real and innovative projects in established organizations. Within their project they will be able to develop and reflect on entrepreneurial behaviour and skills and package it into a master’s thesis. The challenges and partner companies vary from year to year. But the projects are of the kind that the companies find hard to drive themselves, and they are always of strategically important character.
Intellectual Capital Management (ICM) Track
The spring term for the ICM track consists of mandatory courses and elective courses. In terms of elective courses there are two courses in open innovation and knowledge-based business that are strongly recommended. The term can be seen as a package where there are links and connections between the courses, similar to the Business Creation Lab. However, the courses are also open to the other tracks, and in some cases also to other programmes, which means that they can be studied separately. The purpose of the spring term is to go more in-depth into certain IP such as patents and brands, but also to introduce new and relevant aspects.
During the second year ICM students synthesize and apply their skills and knowledge from the first year in different ways. In the Applied ICM course students work in teams with real innovation projects across multiple contexts, including challenge-based, research-based, venture-based, and industry-based projects. This work is done in collaboration with partners from research centres, science parks & incubators, industry, and the healthcare system. In parallel there’s a theory course in order to prepare for the master’s thesis. The track ends with the master’s thesis that usually is written in pairs, and in many cases combined with relevant internships.
Venture Creation in Bioscience and Technology Tracks
For students following the Venture Creation tracks the spring term starts with the mandatory course in Idea Evaluation. The course introduces an approach to appreciate and evaluate technology based and early stage ideas. The elective courses offer students opportunities to either choose from courses within the programme, or choose courses more based on their engineering background in order to have a combined edge within technology and entrepreneurship. E.g. if you’re background is from Biotechnology it could be interesting to look into what courses are offered from the Department of Biotechnology. As an elective course we also offer a highly interactive course focusing on organizational behaviour that serves as a good preparation for managing the team during the project year.
Within the Venture Creation tracks the entire second year is devoted to a venture project and the master’s thesis. Already before the summer break the students are divided into teams and assigned an idea partner. Ideas are sourced from university and industry research, as well as from private individuals. The common trait is that the ideas should have technology or bioscience components and have a commercial potential. Combining the master’s thesis with actual venture creation means that you generate your empirical data for the thesis while actually taking care of daily business.
Programme content in detail, incl. syllabus and description of the courses
Chalmers School of Entrepreneurship
Chalmers School of Entrepreneurship is an environment where entrepreneurship is experienced and not only taught in classrooms. Here students work with real projects during the education and apply their knowledge, creativity and entrepreneurial ability in real settings. We combine internationally acknowledged academic education and research with real value creation in an entrepreneurial environment.
Our pedagogy can be seen as an experimental learning process where hypotheses and ideas are tested and then rejected or confirmed, not only theoretically but in practice as well. To facilitate such a learning experience we have championed pedagogy that allow students to work with simulated business scenarios as well as real innovation and business projects. Chalmers School of Entrepreneurship was founded in 1997 and is an integrated part of Chalmers' strategy of being an entrepreneurial university that takes responsibility for sustainable growth through innovation and entrepreneurship and was the highest ranked advanced entrepreneurship program by the Swedish government in 2009.
Many of our alumni continue their path by working in new ventures, in most cases as start-up managers for their own firms, often started as part of the education. Others join already existing start-ups and growth companies. We also see a large amount of students joining large and established companies, where their ability to understand complexity and willingness to create change is a highly appreciated competence. The creative and independent problem solving ability of our alumni also make them attractive employees for consultancy firms.
Research & Industry connections
In order to develop innovations towards commercialization, the programme has a strong connection to most research that is conducted at Chalmers and to its extensive industrial network and expertise. Chalmers has eight areas of advance where much of Chalmers innovative research industry collaboration is coordinated. The Venture Creation tracks has a special role in being a venture creation hub for these areas, taking care of those innovations that are not naturally developed further by collaboration partners of Chalmers.
In addition, a valuable network of support is provided to the students through the faculty and the school’s close collaboration with the Gothenburg Innovation system and experienced entrepreneurs. Because of the strong relationship between the education and industry, many students qualify into internships with associated companies across the globe.
The faculty is engaged in research around e.g. innovation and entrepreneurship, team based entrepreneurship, entrepreneurial behaviour, social entrepreneurship, organizational behaviour, organizational renewal, intellectual property business development and action based education.
Department of Technology Management and Economics
Alternative Selection Process
Chalmers School of Entrepreneurship has a tradition of being an environment where talented individuals come together to actively engage in forming a better future. Our students are committed to identifying new innovations, to create new and improve existing companies, and to develop new and better products and services.
In order to create this environment, we have designed an admissions process where we do not only evaluate formal academic merits, but also seek potential in the individual. Additionally, we aim to understand how individuals may complement each other in order to have a good mix of students for the class as a whole. Since we focus on team-based entrepreneurship we seek a student body consisting of different educational backgrounds, different personalities, and different life experiences. Our experience and track record clearly shows that students who are willing to learn collaboratively and work hard together can accomplish great things.
We hope you will take the time and effort to produce an application demonstrating your capabilities and thus convincing us to admit you to the programme. If you succeed and are offered a spot in the end, we guarantee you two great years of learning and an experience of a lifetime.
We wish you the best of luck with your application!
Chalmers School of Entrepreneurship
PLEASE NOTE: When applying through universityadmissions.se or antagning.se your application is made to the Chalmers Master's Programme Entrepreneurship and Business Design.
Step 1: Eligibility (formal application process)
Must be submitted no later than April 15, 2019
Step 2: Suitability (extended application process, video presentation and personal statements)
When submitting your application through universityadmissions.se (Step 1) you will receive a message at "My pages" with a link to Step 2 in the admissions process. The message is as follows:
"Your application to the Entrepreneurship and Business Design programme (Chalmers School of Entrepreneurship) has been registered. We therefore kindly request you to send in your Step 2 application, in accordance with the instructions at the following link Chalmers Student Portal. The link will be open from mid October 2018 to January 15th 2019."
Choice of Tracks
The Programme contains three different tracks. In step 2 (the application form) you will be asked to prioritize the tracks in 1, 2 or 3 hand choice.
More information about the specific track can be found above.
Corporate Entrepreneurship (CORP)
Intellectual Capital Management (ICM)
Venture Creation in Bioscience and Technology Tracks
In order for you to complete your Step 2 application you need to provide us with additional information:
- Personal Statements (mandatory)
- Résumé (mandatory)
- A video presentation of yourself (optional)
All information asked for should be submitted in English.
- Purpose Statement - Please describe your motivation for applying for this education as well as motivating why you are a good candidate for the programme (what specific contribution will you bring to the programme, your peers, and the environment). Include a discussion of how you see yourself and significant events or experiences, in particular, team experiences, which have shaped your perspective, as relevant to the education.
- Vision Statement - Please present your future vision: how you intend to use the knowledge gained from the education and how you can make an impact (to others, to society). Include a discussion of key individuals who inspire you, how you aim to emulate them, and what kind of person you want to be.
Each statement has a minimum (500) and maximum (800) words.
A short list of your most relevant working experiences, extracurricular activities and commissions of trust (if applicable). Maximum 5 items within each category. Include start and end period for each post.
"Why are you a suitable candidate for this programme and the tracks of your interest?"
You should record a short video presentation of yourself, not exceeding one minute. The video doesn't have to be complicated or advanced; you can e.g. use your mobile phone to record it. The purpose of the video is to help us form an even better picture of who you are by adding a dimension to the personal statements. When you upload your video to your Youtube channel, please make sure to choose the privacy setting "unlisted" so we can access your pitch when receiving a link from you.
Step 3: Closing the deal (extended application process, interview)
Based on the written personal statements and the video presentation a selected number of candidates will proceed to an interview with members of the Chalmers School of Entrepreneurship's admissions committee. After the interviews, the admissions committee will make their final decision which applicants they would like to recommend for admission to the programme. The interviews will take place at Chalmers or via Skype if you are prevented to be in Gothenburg at the stated dates below:
Non-Chalmers students: February 18 and 19, 2019
Chalmers students: TBA, 2019
Questions concerning the admissions process
Questions relating to the general and specific entry requirements for Master's programmes at Chalmers should be directed to firstname.lastname@example.org
Questions about the alternative selection process specific for Entrepreneurship and Business Design should be directed to email@example.com