School of Economics and Management

EAGEI, Master's Programme (One year) in Entrepreneurship

and Innovation, 60 credits
Magisterprogram i entreprenörskap och innovation, 60
högskolepoäng

Second cycle degree programme requiring previous university study / Program

med akademiska förkunskapskrav och med slutlig examen på avancerad nivå

Decision
The programme syllabus is established by Deputy Dean of Education at the School of
Economics and Management 30-01-2020 to be valid from 26-08-2020, autumn
semester 2020.

Programme description
In a society characterized by increased dynamics and uncertainty, individuals with
entrepreneurial skills are of vast importance. Entrepreneurial skills enable individuals
to discover and exploit opportunities in the marketplace as well as drive innovation in
existing companies. The programme focus on new venture creation, but also provide
knowledge on entrepreneurial processes in existing businesses. The master’s
programme focus on the process of recognising and exploiting opportunities with
growth potential. In addition, the balance of economic, social and environmental
sustainability is given attention throughout the programme.
The basis of the programme is the belief that entrepreneurship cannot be taught
relying on traditional forms of instructions only, but has to be assimilated through real
experiences and apprenticeship. Therefore, the programme is characterised by an
action-oriented educational. Founded in rigorous academic research on
entrepreneurship, the programme aims at providing students with a thorough
grounding in theories related to the entrepreneurial process. At the same time
students are encouraged to try out new ideas, knowledge and skills in practice in
order to prepare for a future entrepreneurial career either in an independent new

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venture or in an existing organisation.

Career opportunities
There is a general consensus that more entrepreneurial activities would benefit the
entire society. There is a need for new businesses as well as employees within existing
organisations with an entrepreneurial approach and behaviour that can exploit and
develop new business ideas.
The programme will encourage the students to start their own ventures and become
self-employed, or to work in advisory roles to new venture start-ups or working in
existing organisations.

Connections to further studies

Today, entrepreneurship is an established research field within the most departments
of Business Administration in Sweden as well as in Europe at large. Given that other
requirements are fulfilled, students that may be interested in applying to doctoral
studies should have possibilities to fulfilling the requirements for PhD programmes in
Business Administration.

Goals
This master programme provides students a range of valuable skills, knowledge and
insights that prepares them for an entrepreneurial career. Learning outcomes refer to
what a student will be able to know or do at the end of the programme. The learning
outcomes within this programme are described below.
These learning outcomes will be particularly useful for students aiming at pursuing an
entrepreneurial career in the form of starting up their own venture, or an
entrepreneurial career as development-project managers for new business projects in
established organisations. In addition, the programme will provide valuable
knowledge and skills about entrepreneurial processes for individuals who will work
close to new independent ventures and existing organisations.

Mission driven learning outcomes

Graduates of the programme will be trained as reflective practitioners in taking an
active part in developing a sustainable society building on innovative thinking.

Knowledge and understanding

For a Master’s degree (60 credits) students must
● demonstrate knowledge and understanding of different aspects
of entrepreneurship and innovation, and its role in business and society
● demonstrate knowledge and understanding of economic, social and
environmental sustainability and its role in entrepreneurship and innovation
● demonstrate knowledge and understanding within the field
of entrepreneurship and innovation, including both an overview of the field and
specialised knowledge of certain parts of the field, as well as insight into current
research and development work

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● demonstrate specialised methodological knowledge in the field of

entrepreneurship and innovation
● demonstrate an understanding of the role of entrepreneurship and entrepreneurs
for societal development and economic growth

Competence and skills

For a Master’s degree (60 credits) students must
● demonstrate the ability to integrate knowledge and analyse, assess and deal with
complex phenomena, issues and situations even with limited information
● demonstrate the ability to identify and formulate issues autonomously as well as
to plan and, using appropriate methods, undertake advanced tasks within
predetermined time frames
● demonstrate the ability in speech and writing to report clearly and discuss his or
her conclusions and the knowledge and arguments on which they are based in
dialogue with different audiences
● demonstrate the skills required for participation in research and development
work or employment in some other qualified capacity
● demonstrate the ability to work in multicultural teams

Judgement and approach

For a Master’s degree (60 credits) students must
● demonstrate the ability to make assessments within entrepreneurship and
innovation, informed by relevant disciplinary, social and ethical issues and also to
demonstrate awareness of ethical aspects of research and development work
● demonstrate insight into the possibilities and limitations of research, its role in
society and the responsibility of the individual for how it is used
● demonstrate the ability to identify the personal need for further knowledge and
take responsibility for ongoing learning

Independent project (degree project)

For a Master's degree (60 credits) students must have completed an independent
project (degree project) worth at least 15 credits in entrepreneurship and innovation,
within the framework of the course requirements.

Course information
A year of study is divided into two semesters of 30 credits each. The autumn semester
formally ends in late January each year, and the spring semester starts back-to-back.
Both semesters are of 20 weeks each.
The programme consists of five mandatory courses equivalent to 30 credits along with
the entrepreneurial project and the degree project, together equivalent to 30 credits.
The mandatory courses in the programme cover theories, methods and applications in
entrepreneurship and innovation. The courses are: i) The entrepreneurial process and
opportunity recognition, ii) Entrepreneurial marketing, iii) Business model
development, iv) Entrepreneurial leadership and v) Entrepreneurial finance. In
addition, the students will carry out their degree project, by conducting a scientific
study reported in the form of a thesis. In parallel with the degree project, the students

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will initiate and carry out their entrepreneurial project. This part of the course is a
unique feature of the programme where students get to work with a
real entrepreneurial project.
The following courses are included in the programme:

ENTN01 The Entrepreneurial Process and Opportunity Recognition, 7.5 credits

The course covers a range of models and methods for business opportunity
generation and evaluation. The objective is to assist students to develop their abilities
to discover and generate business opportunities. The course consists of four parts;
introduction to the entrepreneurial process, opportunity recognition, entrepreneurial
decision making and teamwork in the entrepreneurial process. The course discusses
entrepreneurship in different contexts.

ENTN06 Entrepreneurial Marketing, 7.5 credits

The aim of this course is threefold. Firstly, it introduces students to the concept of
marking in the context of entrepreneurship and new venture creation, an emphasis is
placed upon the creation of value. Secondly, the feasibility of a new venture project is
tested and analysed. An understanding of customers and users is emphasized during
this process. Thirdly, the course explores how to communicate a business idea or
value proposition to potential investors, customers and other stakeholders.

ENTN10 Business Model Development, 5 credits

In this course the student develops an understanding about different forms of
business models. Furthermore, the student gains an understanding of the conditions
for business model development. Based on this the student develops an ability to
develop, iterate and test business models.

ENTN15 Entrepreneurial Leadership, 5 credits

The course provides students with knowledge and skills to identify, understand and
tackle key challenges associated with leading a startup with growth ambitions. The
course focuses on “people- problems” faced and created by different groups of
people, such as founders, co-founders, hires, investors and successors. Critical issues
include identifying and recruiting co-founders, establishing roles, relationships and
rewards within the startup team, hiring new talent, onboarding investors, and
managing succession.

ENTN16 Entrepreneurial Finance, 5 credits

This course provides students with theoretical and practical knowledge about resource
management and finance of new ventures. The students will get to know and use
basic frameworks and techniques for analyzing and utilizing critical resources and
capabilities in emerging ventures. There will be emphasis on issues like the control
and influence over resources in the pursuit of new venture opportunities, the
assessment of financial requirements in new ventures, bootstrapping strategies,
venture capital markets, and decisions about company foundation, ownership,
outside assistance, and other legal issues (corporate governance).

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In addition, the course will enhance the students’ knowledge about the financial
markets for new ventures. Particularly the way different investors, such as banks,
venture capitalists and business angels make their investments in new ventures, and
how they manage their portfolio after the investments are made.

ENTN08 Entrepreneurial Project, 15 credits

The students start the project work already at the outset of the programme and the
course follows the students’ entrepreneurial process throughout. Most of the project
workload of the entrepreneurial projects take place during the second study period.
The course follows, supports and is structured around the students’ own
entrepreneurial project. Successful completion of the entrepreneurial project is
required to obtain the certificate at the end of the master education.
It should be explicitly mentioned that successful completion of the entrepreneurial
project does not necessarily mean that the project must end up as a successfully
launched venture, although this is a desired goal. What is important is that the
entrepreneurial project has served as a learning process and that the students involved
have been equipped with valuable experiences that can be utilized in future
entrepreneurial ventures. The process of carrying out students’ entrepreneurial
projects will be characterised by continuous support in the form of a dedicated
advisory board per project, continuous feedback from mentors and teachers.
Students can expect to learn more about on project management such as how to
meet milestones, present ideas (written and visually), handle feed-back, track learning
via keeping learning journals etc.

ENTN19 Degree project, 15 credits

In addition to the entrepreneurial project, the students are also following a course
specifically aimed at developing their analytical and reflective skills by making a
scientific investigation about a topic within the area of entrepreneurship and new
venture creation. There is a large accumulated body of actionable knowledge about
how to practice various forms of entrepreneurship. However, this knowledge is
primarily accessible to people that can interpret, “absorb” and implement these
research findings into their own venturing efforts. During the course the students are
provided with opportunities to develop their ability to critically examine, evaluate and
draw conclusions from entrepreneurship research.
The main activity in the course is the scientific investigation, which is conducted
during the spring term. This investigation will be reported in the form of a thesis and
its content presented at a final seminar in the end of the course. A series of lectures,
seminars and direct supervisions are organized to support the students in the process.
There will be a special emphasis on various research methodologies and their
implications for collecting and analysing empirical data. Although the course focuses
specifically on research methodologies applied in the entrepreneurship discipline the
content constitutes the basis for methods in any area of social research. In all, the
course encourages hands-on experience and collaborative learning and involves
interactions and discussions with research-active faculty members in the exploration
of various approaches and methodologies.

Additional information in appendix EAGEI Programme structure.

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Degree
Degree titles
Degree of Master of Science (60 credits)
Major: Entrepreneurship and Innovation
Filosofie magisterexamen
Huvudområde: Entreprenörskap och innovation
Degree requirements
The degree requirements for the Master of Science degree, major in entrepreneurship,
consist of 60 credits in the major subject, including the course ENTN19 Degree Project
, 15 credits, or ENTN39 Internship and Degree Project, 30 credits. All included courses
must be at advanced level.

Requirements and Selection method

Requirements
An undergraduate degree (BA/BSc). English 6.
Selection method
Selection will be based on academic merits from previous university studies and a
Statement of Purpose in which applicants state their reasons for applying to the
programme.

Other information
Grading scale
At the School of Economics and Management grades are awarded in accordance with
a criterion-based grading scale A-U(F):

A (Excellent) 85-100 points/percent. A distinguished result that is excellent with

regard to theoretical depth, practical relevance, analytical ability and independent
thought.
B (Very good) 75-84 points/percent. A very good result with regard to theoretical
depth, practical relevance, analytical ability and independent thought.
C (Good) 65-74 points/percent. The result is of a good standard with regard to
theoretical depth, practical relevance, analytical ability and independent thought and
lives up to expectations.
D (Satisfactory) 55-64 points/percent. The result is of a satisfactory standard with
regard to theoretical depth, practical relevance, analytical ability and independent
thought.
E (Sufficient) 50-54 points/percent. The result satisfies the minimum requirements
with regard to theoretical depth, practical relevance, analytical ability and
independent thought, but not more.
U/F (Fail) 0-49 points/percent. The result does not meet the minimum requirements
with regard to theoretical depth, practical relevance, analytical ability and
independent thought.

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To pass the course, the students must have been awarded the grade of E or higher.
It is up to the teaching professor to decide whether the credits of a course should be
converted into a total of 100 points for each course, or if the scale above should be
used as percentage points of any chosen scale instead.

Academic integrity
The University views plagiarism very seriously, and will take disciplinary actions against
students for any kind of attempted malpractice in examinations and assessments. The
penalty that may be imposed for this, and other unfair practice in examinations or
assessments, includes suspension from the University.

(EAGEI) Master's Programme (One year) in Entrepreneurship and Innovation, 60 credits /

Magisterprogram i entreprenörskap och innovation, 60 högskolepoäng
Programme structure for Master's Programme in Entrepreneurship
and Innovation
The programme of 60 credits has the following structure:

Semester 1, Autumn (30 cr) Semester 2, Spring (30 cr)

September October November December January – June

ENTN01 ENTN06 ENTN10 ENTN16 ENTN19

The Entrepre- Entrepre- Business Model Entrepre- Degree project
neurial Process neurial Development neurial Finance (15 cr)
and Marketing (5 cr) (5 cr)
Opportunity (7.5 cr)
Recognition
(7.5 cr)

ENTN15
Entrepre-
neurial
Leadership
(5 cr)

ENTN08 Entrepreneurial Project (15 cr)

The School’s programme portfolio is continuously developed and sometimes changes to courses may occur
after you have accepted your study seat. These changes are usually a result of student feedback, or research
development. Changes can take the form of altered course content, teaching formats or assessment styles. Any
such changes are intended to enhance the student learning experience. If the programme includes elective
courses, students will in most cases be placed in the elective(s) of their choice, but there are no guaranteed
places.

1 credit (cr) = 1 ECTS credit