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Aarhus University MSc in Technology Based Business Development
Aarhus University

MSc in Technology Based Business Development

Herning, Denmark

4 up to 8 Semesters

English

Full time

Aug 2025

EUR 16,300 / per year **

On-Campus

* 15 January for non-EU citizens and 1 March for EU citizens

** for non-EU/EEA students only | EU/EEA/Swiss citizen students study for free

Key Summary

    About: The MSc in Technology Based Business Development focuses on combining technology and business strategies. The program equips you with skills in innovation, entrepreneurship, and market analysis to navigate todayโ€™s business landscape effectively. You'll engage in practical projects and interdisciplinary approaches that prepare you for various challenges in technology-driven environments.
    Career Outcomes: Upon graduation, you can pursue careers in technology management, innovation consulting, product development, business analysis, and project management. The skills gained can lead to roles in startups, corporate environments, or even launching your own ventures.

Introduction

The Master of Science in Engineering - Technology-Based Business Development in Herning teaches students to collect, comprehend, and assess new technological insights about business opportunities. Students choose between three focus areas: Technology and operations management, energy systems, and digitalization. Regardless of the selected focus area, the program is based on transforming companies through thorough insight into existing operations and assessing technological potential.

You will work with technology management, implementing new technology, and managing operating and development processes. There is a strong focus on practice and you will have many opportunities to collaborate with companies on projects and assignments. The first two semesters comprise compulsory core courses and project work. Afterward, you can specialize yourself via elective subjects, exchange programs with other Danish or foreign universities, collaboration with companies, or entrepreneurship.

The Masterโ€™s degree program in technology-based business development is now offered as a Master's degree program for working professionals. The Master's degree program for working professionals is a part-time program aimed at people who work alongside their studies.

Career

Graduates can generate innovative product concepts, business concepts, and business areas. Graduates with an MSc in Engineering (Technology Business Development) are typically employed as innovation managers, technical sales managers, product managers, business developers, or research and development project managers.

Admission Requirements

  • A Bachelor of Engineering or Diploma of Engineering (B.Sc.) from a university or school of applied sciences (University College).
  • A Bachelor of Science in Chemistry, Physics, Geology, Geography, Bioscience, Nuclear, Biology and similar.
  • A Bachelor in Technology Management and Marine Engineering (Maskinmester)
  • A Bachelor in Value Chain Management
  • Other similar programs, if the Board of Studies assesses that their level, extent, and content correspond to the degrees mentioned above.

Four alternative requirements must be met for minimum credits of the qualifying Bachelorโ€™s degree:

  • 80 ECTS in production engineering (1) or
  • 80 ECTS in software engineering (2) or
  • 80 ECTS in electro-mechanical engineering (3) or
  • 80 ECTS in technical design and sustainability (4)

Dissertation projects and internships cannot be a part of the ECTS.

Notes

  1. Production Engineering.ย Operations management, production planning, supply chain management, quality management, problem-based problem-solving in manufacturing, and technologies of manufacturing and products. Related safety and security management.
  2. Software Engineering.ย Requirements specification, software languages, software architectures, database technology, networks and technical communication, programming, problem-based problem-solving in software engineering. Related safety and security management.
  3. Electro-mechanical engineering. Electrical and electronic systems, mechanical systems, actuation, sensing/internet-of-things, regulation/controls, thermodynamics and its applied fields, statics/dynamics. Related safety and security management.
  4. Technical design and sustainability. Materials science, chemical engineering, life-cycle assessment models, computer representations/calculation/modeling, sampling field studies, technical laboratory methods, sustainability fundamentals, design-for-X. Related safety and security management.

In addition, English language qualifications comparable to an English B level (Danish upper secondary school level) in the Danish upper secondary school ('gymnasium') are required.

The Masterโ€™s degree program for working professionals in technology-based business development (MSc in Engineering degree program)

To be admitted to the Masterโ€™s degree program for working professionals in technology-based business development, you must:

  • Meet the academic admission requirements (the same requirements that apply to the two-year Masterโ€™s degree program)
  • Have either a documented contract of employment with a public or private employer stating that you are employed in a relevant job alongside your studies for no less than 25 hours a week on average or be an entrepreneur. To be an entrepreneur, you must document that you are either operating an independent business with revenue and income-generating activities or that you are part of a public or private entrepreneurial environment.

Relevant employment may be:

  • employment in technology-oriented companies
  • employment in technological fields such as product development, testing, systems analysis, production planning, production management, production maturity, project management (and support), product-life-cycle management, product data management, master data management, software development, quality management, and management of technological business functions

Program Structure

The program stresses the importance of the studentโ€™s interaction with practice and supports the fact that project assignments are carried out in collaboration with companies. Thus, students are invited to identify companies and assignments that could be relevant to the studentโ€™s technology specializations and Master's thesis. The technology specializations normally include fieldwork outside of campus, e.g. in companies.

Most teaching activities take place at the campus in Herning, and the language of instruction is English. The program is closely linked to current trends and is thus continuously developed.

Technology-Based Business Development Engineering (Summer Intake)

1 Semester

  • Management of Technology (10 ECTS)
  • Subject Courses (10 ECTS)
  • Technology Specialisation 1 (10 ECTS)

2 Semester

  • Technological Business Model Innovation (10 ECTS)
  • Subject Courses (10 ECTS)
  • Technology Specialisation 2 (10 ECTS)

3 Semester

Elective Courses (30 ECTS)

4 Semester

Master's Thesis (30 ECTS)

Technology-Based Business Development Engineering (Winter Intake)

1 Semester

  • Technological Business Model Innovation (10 ECTS)
  • Subject Courses (10 ECTS)
  • Technology Specialisation 1 (10 ECTS)

2 Semester

  • Management of Technology (10 ECTS)
  • Subject Courses (10 ECTS)
  • Technology Specialisation 2 (10 ECTS)

3 Semester

Elective Courses (30 ECTS)

4 Semester

Master's Thesis (30 ECTS)

Student Life

A Typical Week in Technology Business Development

At the programme in Technology Based Business Development teaching is mostly conducted on Mondays and Tuesdays in the first two semesters. You could expect to teach from 8.15 until 15.00 or 16.00.

The remaining time is allocated for different study activities such as company activities, exercises, preparation for classes, and group activities.

Group work is an important and mandatory part of the program and could be conducted Wednesday-Friday.

Social Life

Aarhus Universityโ€™s Herning Campus is characterized by a rich social life and many opportunities for mingling with students from both your own and other degree programs. For example, you can participate in the:

Student Activity Association (SAA)

SAA is an association for all students on Herning Campus. The association organizes different events for students, for example, Cultural Nights, where you can learn about other cultures.

Friday Bar

The degree programs in Herning have a joint Friday Bar, providing a genuine chance to relax with your fellow students after an intense week of studying.

Student life in Herning

Herning is known for hosting major concerts and sporting events, but the city offers so much more. Almost one in every five people in Herning is an upper-secondary or post-secondary student. This means that the city is full of young people and offers everything that young people need. In Herning, nature is right outside the door, and a selection of lovely beaches have been established by the lakes, which are just a bike ride away from the university.

Whatโ€™s more, when you start life as a student in Herning, you donโ€™t need to worry about finding a roof over your head. The Municipality of Herning has a lot of student flats. This allows you to stay in ultra-modern one or two-bedroom flats/student housing at a low rent, and if you are moving more than 30 km to study in Herning, you will be first in line for the next available flat. Herning offers more than 20 bars, cafรฉs, and places to go out - as well as several cultural events throughout the year. These include everything from large concerts with international artists in Boxen to smaller concerts at the local music venue Fermaten.

Job Opportunities

Graduates will be able to generate innovative product concepts, business concepts, and business areas. Graduates with an MSc in Engineering (Technology Business Development) are typically employed as innovation managers, technical sales managers, product managers, business developers, or research and development project managers.

International students in this MSc program can apply to become a part of the project Talent Fellowship, which is aimed at boosting international talentsโ€™ employability in Danish companies.

We want to help our students find successful careers. Students can always contact our Career Services for advice and assistance with getting into the Danish labor market.

Read more on the institution's website

Program Tuition Fee

Program Admission Requirements

Demonstrate your commitment and readiness to succeed in business school by taking the GMAT exam โ€“ the most widely used exam for admissions that measures your critical thinking and reasoning skills.

Download the GMAT mini quiz to get a flavour of the questions youโ€™ll find in the exam.

About the School

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