Entrepreneurship and Business Design

120 credits (MSc, 2 years )

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.​

Programme description

Through real-life innovation management, venture creation and action-based pedagogy, where innovation and entrepreneurship is experienced and not only taught in classrooms, you as a student will be in the drivers 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 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. Over the past 15 years more than 50 companies have emerged from the programme, e.g. Oxeon, Vehco, Avinode.
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 development of real innovation projects.
During your first year you will also be given the opportunity to take part in a voluntary social entrepreneurship project. Previous students have created electric safety education in Kenya and helped women in Zanzibar develop their businesses.
The action based pedagogy, in combination with the 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 (Technology Entrepreneurship track and Bioscience Entrepreneurship track) work with innovation management and develop early stage intellectual assets from R&D (Intellectual Capital Management track) or work with innovative projects within one of our 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 utilization of innovations, one of the university’s main goals.

Other Programmes that might interest you
Quality and Operations Management

In order to cater to different stages of innovation and different kinds of technology, the programme is divided into four different tracks where the first semester is taken as a common class. During the first semester (called the Business Creation Lab) the students learn the foundation of business creation and entrepreneurship. The second semester allows the students to reflect upon their entrepreneurial behaviour through one of the four tracks, including track specific mandatory and elective courses focusing on real life idea and intellectual asset evaluation. 

Venture Creation in Technology Track
Focuses on technology entrepreneurship and venture creation. Students accepted to this track will profile themselves around venture creation including team dynamic aspects, business model learning, marketing and technology and product development. During the second year students are divided into teams, which are matched with researchers and innovators who have contributed ideas with commercial potential. From their own office space the students engage in the commercial development of the project.

Venture Creation in  Bioscience Track
Focuses on bio entrepreneurship and developing bioscience ventures. Students accepted to this track will profile themselves around innovation projects that often are linked to research as well as to regulatory approvals. During the second year at the Bio track, the students are divided into teams, which are matched with researchers and innovators who have contributed ideas with commercial potential. From their own office space the students engage in the commercial development of the project.

Intellectual Capital Management Track (ICM)
The track focuses on how to evaluate and package intellectual assets from R&D whether in the academy, industry or both. Students accepted to this track will profile themselves in becoming skillful advisors around innovation management and intellectual asset assessments towards R&D based industry and innovative academic research groups. The project year will provide students with an opportunity to test their capabilities through hands-on work in innovation projects from industry and university laboratories together with professionals in R&D, commercial law, and business development.

Corporate Entrepreneurship Track
The track focuses on corporate entrepreneurship and offers students a chance to develop entrepreneurial skills needed to handle large scale of complexity in large firms. At the corporate track students will work hands-on in real and innovative projects in large firms, where they will be able to develop and reflect on entrepreneurial behaviour and skills. In those projects the students will work in close collaboration with management from industry.

Programme content in detail

You will find the programme content in detail, incl. syllabus and description of the courses for the current year in the Student Portal, the intranet for enrolled students at Chalmers.
Programme content in detail, incl. syllabus and description of the courses

Chalmers School of Entrepreneurship

The Master's programme Entrepreneurship and Business Design is given as a part of 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.

Career opportunities

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

Published: Sat 20 Nov 2010. Modified: Tue 16 Jan 2018