Entrepreneurship and Innovation

University of Luxembourg

24 months
5000 EUR/year
5000 EUR/year
Tuition fee
Apply date
Start date


Extend knowledge and understanding of the foundational principles of new venture creation and business start up in different societal contexts (social, corporate, ‘for profit’ etc.). Students will be able to critically assess and extend their entrepreneurial skills through direct interaction with colleagues/tutors on the course as well as entrepreneurs and local companies.


Entrepreneurship has become an increasingly popular activity that can be evidenced in different spheres of the economy and society, that is why having the Master in Entrepreneurship and Innovation offered by the University of Luxembourg in this domain is more appropriate than ever. 

More commonly, entrepreneurial behaviours are associated with new start up ventures where risk, ownership and management are combined to exploit new market or technological opportunities. But such activities can also be seen in corporate, social, public, civic, community and small business contexts to reflect organizational efforts to sustain competitive advantage, uniqueness and novelty. This is partly because the twenty-first century is characterized by a fast moving, competitive and global economy. Sustaining a competitive advantage requires that individuals, companies and nations are able to anticipate and stimulate (rather than merely manage) change.

Entrepreneurship and Innovation

Entrepreneurship is about exploiting ambiguities and contingencies. More importantly, entrepreneurship is about experiencing a tension between ‘what is’ in the present and ‘what should be’ in the future – and then converting that tension into an entrepreneurial problem that can resolve the tension. Such a process demands concepts and knowledge from different disciplines, and the integration of these concepts with the know-how and practical experience of daily business practice.


The partnership with the Luxembourg Chamber of Commerce aims at developing business education at the University of Luxembourg, through research and development, educational programmes, knowledge transfer and exchange, as well as by facilitating internships.

Programme Structure

Courses include:

  • New Venture planning
  • Innovation Management
  • Financial Issues for entrepreneurial ventures
  • Marketing and new venture creation
  • Business and project management skills
  • Advanced entrepreneurship
  • Advanced Innovation and the Innovation Audit
  • Strategic Management
  • Advanced small business management and leadership
  • Research methodology and thesis


This two-year full-time Master’s degree is targeted at:

  • Bachelor graduates & young professionals in any discipline wishing to develop their entrepreneurial/innovation skills & knowledge and seek exposure to the infrastructure for entrepreneurship, internships & job opportunities
  • Professional people or other practitioners who intend to start a business & want to learn the skills involved in this.

Key information


  • Full-time
    • 24 months

Start dates & application deadlines




120 ECTS


On Campus

Academic requirements

We are not aware of any academic requirements for this programme.

English requirements

TOEFL admission requirements TOEFL® IBT The TOEFL iBT® is given online through the internet at designated testing site. The test measures your English-language abilities in an academic setting. The score refers to the total score of 4 subjects (writing, listening, speaking, and reading), each subject has a range of 0 - 30.
IELTS admission requirements IELTS The International English Language Test System (IELTS) tests your English-language proficiency on a scale of 1 – 9. The score refers to the combined average score of 4 subjects (writing, listening, speaking, and reading).
PTE Academic admission requirements PTE Academic PTE Academic (Pearson Test of English Academic) is a language test that enables students to demonstrate their writing, listening, speaking, and reading skills when applying to study in English. The score refers to a total score which ranges between 10 and 90.

Other requirements

General requirements

  • Students need to have: a BA degree with 180 ECTS in any discipline subject area and a demonstrated entrepreneurial motivation (see below for criteria).
  • The one year option would be appropriate for people who intend to start a business and want to learn the core theories as well as the practical skills involved. 
  • Subject to successful completion of courses in year one, students can exit at the end of Year 1 with their awarded credits (normally 60 ECTS in which case they are awarded a Certificate in Entrepreneurship & Innovation).

Tuition Fee

  • International

    5000 EUR/year
    Tuition Fee
    Based on the original amount of 5000 EUR per year and a duration of 24 months.
  • EU/EEA

    5000 EUR/year
    Tuition Fee
    Based on the original amount of 5000 EUR per year and a duration of 24 months.
  • Year 1: 5,000 €
  • Year 2: 3,000 €


Student Loan Programme

In case an applicant would like to request a loan from the university, that would have to be reimbursed after graduation, she/he should ask for it in her/his motivation letter, explaining whether the loan is a necessary condition for her/him to attend the course.

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.

Fresh content

Updated in the last 9 months

Check the official programme website for potential updates.

Our partners

Entrepreneurship and Innovation
University of Luxembourg