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Master's Programme in Business Development and Internationalisation

  • Number of credits 120 Credits
  • Study time 2 years (full time)
  • Level Master’s Degree
  • Starting Autumn Term 2020

The programme aims to prepare you to develop capabilities and skills to act upon business and societal opportunities, needs and challenges, in order to develop successful businesses and innovations in a global and changing business environment. The programme provides deepened theoretical and practical knowledge about strategy, innovation, entrepreneurship, networking and business growth and at the same time, systematically incorporates sustainability and internationalization aspects.

Admitted to the programme

Here you will find everything you need to know before the programme starts.

The programme is offered by the AACSB accredited Umeå School of Business, Economics and Statistics.

While studying

During the first year, the focus is on developing the knowledge about strategy, entrepreneurship, networking and international growth in established and new businesses. You will work strategically with businesses which requires you to act based on your assembled knowledge and take part in developing a business idea, for example by developing a business plan for a start-up, or a new venture within an established organization. You have the possibility to broadening the knowledge on innovation through your choice of elective courses. You can also choose to do an internship.

During the second year, you will learn about the latest trends and global challenges and the effects of those on businesses and societies at large. In relation to this, front-line research in business administration, including entrepreneurship- and innovation research, is discussed. Our method-course  prepares you for writing business development-thesis in the 4th semester but the third semester is also good for studying abroad. Writing the thesis will, amongst other things, develop your writing, analysis and research skills.

Co-operation with the business community

Besides several guest lectures and experts participating in business panels, firms participate to a large extent during the fourth module on the first semester. In this module you work with “live-cases” – real business development challenges that participating firms have. You will carry out a longer project and present the solution via a professional presentation. Firms also participate in several other courses provided during semester 2 and 3. In Innovation Management a "hackathon" is conducted with participating firms and in New Venture Creation firms and organizations also partake. They present the challenges they currently face and together with students’ groups work on potential solutions.

About our research

At the entrepreneurship section we do research on entrepreneurship and innovation with various focuses such as cooperation and competition, environmental sustainability, social innovation and ecopreneurship, and configuration of (support) systems for new venture creation and corporate innovation. With this research we contribute to contemporary questions of how entrepreneurs and firms work with each other and actors from other sectors to create innovation, and how these efforts are increasingly related to sustainability.”

Read about some of our researchers in Entrepreneurship

Applies to all Master's Programmes in Business Administration

Internship

You have the opportunity to do an internship for ten weeks in Sweden or abroad. This possibility is only available at a few business schools in the country. The internship gives you a good opportunity to put theoretical knowledge and experience into practice and show off your skills to potential employers. You will arrange your internship yourself in a company you find interesting. This way you are able to find an internship position that meets your expectations and provides more opportunities for you to use the internship as an entry to the labour market.

Studies abroad

Studying abroad is not only fun and challenging for you as a student but also a welcomed experience with future employers. Internationalization is an important area for us and we are working continuously to offer you as a student many opportunities for an adventure in Europe or further away on another continent. In our programmes you therefore have the opportunity for studies abroad for a semester or two.

We have about 60 partner universities, mainly in Europe, but also in Brazil, India, Mexico, South Africa, Russia, and China - all of them selected especially for our students. Students who would like to study farther away can avail themselves of Umeå University's university-wide agreements in North America, Oceania, and Asia.

Read more about studies abroad

Sustainability perspective all the more important

Sustainability get a whole lot bigger attention in today's firms and organizations and we lifted these questions up early in our educational programmes. Together with our students are we working for a more sustainable business school and to revise the courses to improve the education about, and for, sustainable development at the program. Our work on sustainability takes as a starting point the 17 sustainable development goals and Agenda 2030.

We are certified by the environmental management system ISO 14001 and we are members of the international networks GBSN, PRME and SDSN.

Read more about our work on sustainability

Corporate connections

The business school collaborates in many different ways with companies and organizations. For example internships, guest lectures, company visits, guest lectures, essay assignments and cases from companies.

As a student you might perhaps do an internship with one of our corporate partners. Professionals outside the university are invited as guest lecturers and teachers. Our researchers will in turn contribute with new knowledge to society. A group of advisors consisting of corporate and community representatives are also linked to the business school and they contribute with their knowledge and experience.

Continued studies

You are eligible for doctoral studies after the two years programme with a Degree of Master of Science (120 credits). You are also eligible for doctoral studies if you chose to end the programme already after one year with a Degree of Master of Science (60 credits).

Programme overview

Semester 1
Strategic Business Development 30 cr.

Semester 2
Alternative A: Elective courses 30 cr. Alternative B: Elective courses 15 cr. and Master's thesis in Business Administration I 15 cr.

Semester 3
Current trends and a minor in Accounting/Finance/Marketing/Management 30 cr.

Semester 4
Alternative A: Master's thesis in Business Administration III 30 cr. Alternative B: Elective course 15 cr. and Master's thesis in Business Administration II 15 cr.

For a more detailed overview see flow chart.

Career opportunities

Graduate from this program are equipped to pursue careers in managing business development, lead innovation and/or strategic change processes, within established organizations as well as start-ups. The international character of the program supports career abroad. The program gives you eligibility to apply for PhD positions.

Degree

The programme leads to a Degree of Master of Science (120 credits), Major: Business Administration, Specialisation: Business Development and Internationalisation.
It is also possible to end the programme after one year with a Degree of Master of Science (60 credits), Major: Business Administration, Specialisation: Business Development and Internationalisation.
Both degrees are on advanced level.

Application and eligibility

Master's Programme in Business Development and Internationalisation, 120 hp

Visa tillfällen för föregående termin Autumn Term 2020 Det finns inga senare terminer för kursen

Second admission round for EU/EEA citizens

Programme starts

Autumn Term 2020

Type of studies

100%, Daytime

Study location

Umeå

Language

English

Eligibility

A Bachelor's degree (equivalent to a Swedish Kandidatexamen, 180 credits) from an internationally recognised university with a major in Business Administration. Special requirements: 75 credits in Business Administration at Basic level (A-level) and Intermediate level (B-level) a minimum of 60 credits in Management, Marketing Accounting and Finance courses or the equivalent. At the Bachelor level (C-level) a minimum of 15 credits in Business Administration. Proficiency in English equivalent to Swedish upper secondary course English B/6. If you are still working towards your undergraduate degree, you need to include with your application a document from your current University, outlining when you are expected to graduate as well as a course outline for the last semester.

Selection

The selection criteria are GMAT (Graduate Management Admissions Test-must be sent directly from ETS, our institution code is 81Q-GG-68) and academic credits. Applicants who have provided a GMAT result will be selected first in the order of their results and the remaining applicants will be ranked according to academic credits.

Application code

UMU-P2000

Application

Application deadline was 15 April 2020. The late application period opens on15 July 2020 if there are seats available.

Application and Tuition fees

As a citizen of a country outside the European Union (EU), the European Economic Area (EEA) or Switzerland, you are required to pay application and tuition fees for studies at Umeå University.

Application fee

SEK900

Tuition fee, first instalment

SEK46,500

Total fee

SEK186,000

International admission round

Programme starts

Autumn Term 2020

Type of studies

100%, Daytime

Study location

Umeå

Language

English

Eligibility

A Bachelor's degree (equivalent to a Swedish Kandidatexamen, 180 credits) from an internationally recognised university with a major in Business Administration. Special requirements: 75 credits in Business Administration at Basic level (A-level) and Intermediate level (B-level) a minimum of 60 credits in Management, Marketing Accounting and Finance courses or the equivalent. At the Bachelor level (C-level) a minimum of 15 credits in Business Administration. Proficiency in English equivalent to Swedish upper secondary course English B/6. If you are still working towards your undergraduate degree, you need to include with your application a document from your current University, outlining when you are expected to graduate as well as a course outline for the last semester.

Selection

The selection criteria are GMAT (Graduate Management Admissions Test-must be sent directly from ETS, our institution code is 81Q-GG-68) and academic credits. Applicants who have provided a GMAT result will be selected first in the order of their results and the remaining applicants will be ranked according to academic credits.

Application code

UMU-M2000

Application

Application deadline was 15 January 2020. The application period is closed.

Application and Tuition fees

As a citizen of a country outside the European Union (EU), the European Economic Area (EEA) or Switzerland, you are required to pay application and tuition fees for studies at Umeå University.

Application fee

SEK900

Tuition fee, first instalment

SEK46,500

Total fee

SEK186,000

Common questions

Contact us

Please be aware that the University is a public authority and that what you write here can be included in an official document. Therefore, be careful if you are writing about sensitive or personal matters in this contact form. If you have such an enquiry, please call us instead. All data will be treated in accordance with the General Data Protection Regulation.

Contact person for the programme is:
Martina Sundqvist