Innovation, Knowledge and Economic Dynamics (MIKE-E), M.Sc.

  • Application Deadline
  • 24 months
  • English (book IELTS)
University rank #201 (ARWU) ,
Innovation, Knowledge and Economic Dynamics (MIKE-E) at Aalborg University is a two-year fulltime international MSc specialization programme for Degree Students and Guest/Exchange Students. The MIKE-E programme leads to a Master Degree in Economics with specialization in Innovation, Knowledge and Economic Dynamics. MIKE-E enrolls both Danish and international students.


The Innovation, Knowledge and Economic Dynamics (MIKE-E) programme at Aalborg University focuses on the interaction between knowledge, innovation and economic dynamics in a world characterised by globalisation, rapid change and uncertainty. The programme gives the students an opportunity to enhance their knowledge and analytical capability to make profound and reflective economic analyses and the capability to define and implement sustainable strategies in relation to knowledge and innovation.

A few examples illustrate topics to be studied
The main focus of the programme is the interplay between knowledge, innovation and economic evolution. The following topics are addressed during the programme:
  • Strategies and framework conditions for the development of firms and industries
  • Analyses of ‘industrial dynamics’, firms, industries, learning processes
  • Growth, trade and globalization of firms, industries and economies
  • Innovation management and knowledge management in relation to entrepreneurship and intrapreneurship
  • Technology – and innovation strategies
  • Methods for studies of firms, industries, countries
And a few concrete research questions:
  • What role does knowledge play for economic development?
  • How is knowledge diffused in the economy?
  • How do different types of firms organize their innovation activities?
  • Globalization as a challenge for the Danish innovation system?
  • How can further interaction between universities and industry be stimulated?
  • How do industrial clusters emerge?
  • What is the relation between innovation and sustainable development?
  • What kind of policy is needed to stimulate sustainable innovation?
Job and Career

With a Master degree in Innovation, Knowledge and Economic Dynamics (MIKE-E) you will get a specific and profound knowledge about how knowledge is produced, diffused and used. You will have obtained a specific capability to analyze dynamic processes and to find relevant solutions to essential problems.

The most important competences in the future will be knowledge, problem solving skills, business understanding, the ability to create, use, and manage networks, flexibility and innovation, and service orientation. As a graduate from the Master programme Innovation, Knowledge and Economic Dynamics, you will gain valuable competences.

Typical job opportunities are in firms, national and international organizations, and regulatory bodies where analytical work related to regional, national and international framework conditions and strategies for industrial and economic development are in the centre.

The MIKE-E Programme prepares you to undertake a career in:
  • The private sector (larger companies, banks and financial institutions, or consultancies)
  • Regulatory bodies at the local, regional, national, and international level (municipalities, regional bodies, Ministries of Trade, Industry, Science and Technology, etc.)
  • National or international organizations (for instance labour market organizations, industrial associations, European Commission, OECD, the World Bank)
  • National or international research institutions and universities (as a Ph.D.-student or research fellow)

Programme Structure

Some lectures will be held by guest lecturers, there will be company visits to relevant companies, and workshops are also integrated into the courses.

  • 1st Term:Innovation and Business development in firms and organizations
  • 2nd Term: Dynamics of organization and systems of innovation
  • 3rd Term: Individual study programme
  • 4th Term: Master Thesis

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 24 months
  • Credits
    120 ECTS
  • Languages
    • English
  • Delivery mode
    On Campus

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score:


    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.

    Book IELTS
  • Minimum required score:


    The TOEFL – or Test OF English as a Foreign Language – offers a paper-based test (PBT). The final, overall PBT score ranges between 310 and 677, and is based on an average taken from the three test components (listening, structure, and reading). The writing part of this test is scored separately on a scale of 0-6. Read more about TOEFL (PBT).

  • Minimum required score:


    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

In order to be admitted to the MIKE-E programme the applicant must have successfully completed a bachelor degree in Economics. Alternatively students with a bachelor degree in another filed combined with significant coursework in economic analysis or with some relevant practical experience can be enrolled based on an individual assessment. In addition, documented proficiency in both written and oral English is a prerequisite.

Tuition Fee

  • International Applies to you

    5973 EUR/year
    Tuition Fee
    Based on the original amount of 5973 EUR per year and a duration of 24 months.
  • EU/EEA Applies to you

    Tuition Fee
    Based on the original amount of 0 EUR per year and a duration of 24 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

DKK 44,300

Living costs for Aalborg

  • 5790 - 8150 DKK/month
    Living Costs

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


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.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, StudyPortals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.