Program Overview

Introduction to the Master's Program in Small Business and Entrepreneurship

The Master's program in Small Business and Entrepreneurship at the University of Groningen is designed to equip students with the knowledge and skills necessary to thrive in today's fast-paced business environment. This program focuses on the unique challenges faced by small business owners and entrepreneurs, providing a comprehensive education that combines theoretical foundations with practical applications.

Program Overview

• Duration: 12 months (60 EC)
• Degree: MSc in Business Administration
• Language of Instruction: English
• Start Dates: February, September
• Faculty: Economics and Business

Program Structure

The program is structured to provide students with a deep understanding of the dynamics of small businesses and entrepreneurship. The curriculum includes:

• Entrepreneurship & Small Business Strategy (5 EC)
• Small Business Management (5 EC)
• Elective(s) MSc BA SB&E (15 EC)
• Applied SB&E Projects (5 EC)
• Research & Skills (5 EC)
• New Ventures & Entrepreneurship (5 EC)
• Master's Thesis BA SB&E (20 EC)

Specializations

The program offers several specializations, including:

• Digitalization and Artificial Intelligence: Focus on the digital transformation within our society and understand how to successfully implement digital transformation in business.
• Future Prosperity and Sustainability: Focus on the sustainable developments in our current society by the increasing influence of the Sustainable Development Goals (SDGs) of the United Nations.
• Energy Transition and Climate Change: Focus on the serious changes within the energy sector by dealing with issues such as how firms adapt to renewable energy.
• Leadership and Governance: Provides a deep understanding of both macro-level governance frameworks and micro-level leadership processes.
• Master Internship: Opportunity to gain work experience by doing an internship in the second semester of your study.

Admission Requirements

• Previous Education: To be eligible for admission, students need to hold an academic Bachelor's or Master's degree from a research university in one of the following - or closely related - fields: Business Economics, Business Administration, Econometrics and Operations Research, Economics and Business Economics, International Business, Technology Management.
• Language Test: IELTS Academic overall score 6.5 (Speaking 6, Writing 6.5); TOEFL internet-based overall score 90 (Speaking 20, Writing 24); Cambridge C1 Advanced or C2 Proficiency (overall score 176, Speaking 169, Writing 176); LanguageCert Academic: overall score 70 (min. 65 in Speaking, 70 in Writing); Pearson PTE Academic (min. 56 in Speaking, 70 in Writing).

Tuition Fees

• EU/EEA Students: € 2601 (full-time)
• Non-EU/EEA Students: € 21400 (full-time)

Career Prospects

Graduates of the program are well-prepared to excel in various roles, including:

• Entrepreneur: Start your own business
• Entrepreneur in Large Companies (Corporate Entrepreneurship)
• 'All-round' Manager in an SME
• Manager in Large Companies (Corporate Entrepreneurship)
• Owner of a Family Business
• Consultant for SMEs and Entrepreneurial Firms
• Manager in Large Organizations that Deal with SMEs and Entrepreneurs

Research Areas

In Groningen, research is deeply connected to business practice, economics, and society. Some key areas of research include:

• Entrepreneurial Skills
• SME Strategy and Management
• Corporate Entrepreneurship
• Start-ups, Family Firms, Venture Capital
• Entrepreneurial Finance
• Collaborative Networks of Entrepreneurs/SMEs, Institutions, and Entrepreneurship and Small Business Policies

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