Master's Programme in International Business and Entrepreneurship
Lappeenranta, Finland
DURATION
2 Years
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
Request application deadline *
EARLIEST START DATE
Sep 2025
TUITION FEES
EUR 13,500 / per year **
STUDY FORMAT
Blended
* regular 16 December 2024โ22 January 2025
** annual tuition for non-EU/EEA students
Key Summary
Introduction
Transformations taking place in the global economy are reshaping the nature of international business and entrepreneurship, presenting both threats and opportunities to new and existing enterprises. The ability to navigate the volatile, uncertain, and complex business environment brings a competitive edge both personally and to the firm.
You may want to become a successful entrepreneur by creating your own business or building a successful career in management in existing companies, but to succeed, you will first need to develop the right mindset and skills.
In this program, you will develop entrepreneurial competencies for creating a new business and leading its growth to international markets despite the adversities of the so-called new normal. The program provides you with everything you need to become successful in global business: you will gain the skills to work as a leading professional in internationally operating companies and to launch and operate your own global startup.
Both skills sets together will make you attractive in today's global business environment and provide you with employment options in the long term.
You will also learn to manage the international growth and strategy of a company, manage finances and resources in international markets, and lead people in a multinational company.
The program also engages local entrepreneurs and associations, enabling you to learn from their real-life cases. During your studies, you will have an opportunity to consult and network with companies and to learn first-hand from successful international entrepreneurs and business professionals.
The delivery of courses is blended. The program is a combination of on-campus and online studies. Individual course descriptions mention the attendance requirements for the course.
Gallery
Admissions
Scholarships and Funding
Early Bird discount / First academic year
When required to pay a tuition fee, you are offered
- an Early Bird Discount of EUR 6 000
for the first academic year if confirming your place and paying the rest of the tuition fee of EUR 7 500 within 21 days from the date of having received your Certificate of Admission.
Early Bird discount is available in both Regular Admission and Early Admission.
LUT Scholarship / Second academic year
When required to pay a tuition fee, you are offered
- LUT Scholarship of EUR 6 000
for the second academic year if having completed a minimum of 60 ECTS credits of studies included in the personal study plan during the first academic year.
With LUT Scholarship the tuition fee is EUR 7 500 for the second academic year.
The required ECTS credits will be automatically checked for and they must be included on your Transcript of Records by the end of the first academic year i.e. by 31 July.
Curriculum
The Master's Program in International Business and Entrepreneurship is a two-year program. It leads to the degree of Master of Science in Economics and Business Administration, M.Sc. (Econ. & Bus. Admin.), which is 120 ECTS credits.
The program includes core, advanced specialization, minor, and language studies as well as a Master's thesis.
Double degree study opportunity for LUT degree students
The program also offers a possibility for double degree studies. Students admitted to the Master's Programme in International Business and Entrepreneurship at LUT may apply to the double degree program organized in cooperation with the following program's partner university: the University of Pavia, Italy.
Core studies, 48 ECTS credits
Include courses on starting and leading a growth enterprise, the internationalization of a firm, and entrepreneurial competencies.
Advanced specialization studies, 12 ECTS credits
Include courses on topics such as managing and consulting international startups and multinational companies.
Minor studies, 24 ECTS credits
Deal with international marketing, digitalization and business analytics, and supply management.
Language studies, 6 ECTS credits
Excluding English.
Master's thesis, 30 ECTS credits
An advanced research project during the program's fourth semester. The Master's thesis is a part of the advanced specialization studies and requires approximately six months of full-time work.
Program Outcome
In this program, you will acquire advanced knowledge and skills in entrepreneurship in an international context. You will develop an entrepreneurial mindset and management and analytical skills for the international market.
As a graduate, you will acquire:
- Professional skills. You will understand the global trade and internationalization strategies of firms and recognize and seize international opportunities. You will develop a sustainable, analytical, entrepreneurial, and global mindset and be able to understand and assess the opportunities and challenges of global markets. You will be able to consult with entrepreneurs and their firms on internationalization strategies.
- Competence to discover, evaluate, and develop international entrepreneurial opportunities; you will also be able to recognize the role of sustainability in international and domestic business.
- Managerial skills. You will be able to critically and analytically discuss and apply theories on international business and entrepreneurship to present managerial recommendations.
Program Tuition Fee
Career Opportunities
Earning your degree in international business and entrepreneurship offers you many promising career options.
After graduation, you will have the competencies to launch and operate a startup geared for international growth and global success. Your career opportunities will include becoming an international entrepreneur, a manager in an international or multinational enterprise, or a management consultant on internationalization strategies.
You will also be able to manage global business operations in multinational companies and work as a consultant for internationally operating companies on matters relating to their business operations.
You may become an entrepreneur, an export manager in a small or medium-sized enterprise, or a director of international operations in a multinational company.
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 youโll find in the exam.