• Application Deadline
  • 12 months
    Duration
  • Tuition Fee
    15575 EUR/year
    Tuition fee
    2060 EUR/year
    Tuition fee
  • English
    Language
Utrecht's University Master of Science in Business Development and Entrepreneurship provides the analytical tools and skills for new business development in established and new organizations. The programme provides both the scientific knowledge and the practical skills needed for the identification and exploitation of new opportunities, while creating new value and well-being for all stakeholders.

About

The Master of Science in Business Development and Entrepreneurship is offered by the Utrecht University.

Why take on a Master’s in Business Development and Entrepreneurship? Our globalized, digital economy has created many new opportunities in the world of business. Routine tasks have been automated, meaning that human creativity and an entrepreneurial mindset to initiate successful new ideas and develop wholly new markets has become ever more important. In such an environment, learning how to create a context in which new ventures emerge and flourish is of utmost importance. Capturing value from innovation, product and service development, and modern marketing techniques are important capabilities for the future-facing young professional. If you are energized by the possibilities of this new world of business, and want to contribute to the success of entrepreneurial (or intrapreneurial) ventures, the Utrecht University MSc in Business Development and Entrepreneurship gives you the practical abilities, networks, and strong academic foundations you need.

The Master’s of Business Development and Entrepreneurship provides the analytical tools and skills for new business development in established and new organizations. The programme provides both the scientific knowledge and the practical skills needed for the identification and exploitation of new opportunities, while creating new value and well-being for all stakeholders. The focus is on venture development, as well as on entrepreneurial marketing using co-creation with customers and design thinking. In addition, there is strong emphasis on obtaining and managing (venture) capital.

Career Perspectives

The MSc in Business Development and Entrepreneurship trains you to become an expert in creating an environment in which new ventures can take hold and flourish. This expertise is highly sought after in business development functions (including innovation, marketing and finance) in large (multinational) corporations. The same applies in entrepreneurial teams, start-ups and various other economic development functions.

Programme Objective

The Master’s programme in Business Development and Entrepreneurship prepares professionals to create new value in an uncertain future. The programme is focused on delivering tools, skills and techniques to recognize and develop new opportunities, within established organizations as well as start-ups. The programme specifically focuses on these key components:

  • Market analysis and empirical techniques for such analysis, including customer development.
  • Strategy creation. Special attention is paid to the launch of new products and services.
  • Organizing and managing fast-growing corporations and corporate units, internally as well as in value-creating networks.
  • Financing new ventures, especially in a corporate environment.
  • You will actively participate in major research projects, conduct your own research, present your results, and write short essays and a major thesis. By the end of this programme at Utrecht University you will be able to:

    • put academic knowledge and skills into practice;
    • solve business and societal problems independently and in teams;
    • create a context in which new ventures emerge and flourish;
    • manage your own personal and professional development.

    Accreditation

    Accredited by the NVAO - Accreditation Organisation of the Netherlands and Flanders.

    Programme Structure

    Courses included:

    • Empirical Economics
    • Topics In Corporate Finance
    • Intrapreneurship
    • Entrepreneurial Marketing
    • Research Project
    • Entrepreneurial Finance
    • Sustainable Entrepreneurship
    • Management Control Systems
    • Financial Regulation
    • Macroeconomic Policy
    • Tax Policy
    • Public Policy and Detention
    For more information please visit the programme website.

    Detailed Programme Facts

    • Programme intensity Full-time
      • Full-time duration 12 months
    • Credits
      60 ECTS
    • Languages
      • English
    • Delivery mode
      On Campus
    • More information Go to the programme website

    English Language Requirements

    You only need to take one of these language tests:

    • Minimum required score:

      6.5

      The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    • Minimum required score (Grade B):

      193

      The CAE test – or the Cambridge Advanced English – is an exam for applicants who wish to get a Certificate in Advanced English. To receive the Advanced certificate, test-takers must score between 142 and 210 on the Cambridge English: Advanced test. Read more about CAE.

      Note: degree programmes and applications may require a more specific minimum score for admission.

    • Minimum required score:

      93

      The TOEFL – or Test Of English as a Foreign Language – offers an internet-based test (iBT). The final, overall iBT score ranges between 0 and 120, and includes a scaled average from the four components (reading, listening, speaking, and writing). Read more about TOEFL (iBT).

    Academic Requirements

    • A BSc of a research university in Economics or Economics and Business Economics preferably with some degree of specialisation in Business Development and Entrepreneurship. The International Office assesses all international credentials according to the credential evaluation criteria of the Nuffic (the Netherlands Organisation for international cooperation in Higher Education), and advises the Admissions Committee on this subject; and
    • You must have solid and demonstrable knowledge in the following fields: Microeconomics, Macroeconomics, Corporate Finance, Econometrics or Advanced Statistic.
    • You are able to express yourself in proficient English, both orally and in written text, as evidenced by your motivation letter and/or writing sample, and the interview that is part of the selection procedure.
    • Further accepted proof of your proficiency in English: CPE- Grade C

    Tuition Fee

    • International

      15575 EUR/year
      Tuition Fee
      Based on the original amount of 15575 EUR for the full programme and a duration of 12 months.
    • EU/EEA

      2060 EUR/year
      Tuition Fee
      Based on the original amount of 2060 EUR for the full programme and a duration of 12 months.
    For more information about tuition fees and exemptions have a look at the programme website.

    Living costs for Utrecht

    900 - 1,450 EUR/month
    Living Costs

    The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

    Funding

    Scholarships, fellowships, and grants offered by Utrecht University, the Dutch government, and other organisations can help fund your studies at the university.  You can begin your search for funding by reviewing the list below, which contains some of the scholarships and loans available to international students:

    • Utrecht Excellence Scholarships
    • Holland Scholarships
    • Orange Tulip Scholarships
    • Canadian student loans
    • Fulbright / NAF
    • US Federal Loans
    • Erasmus+ Master loans

    StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.