Business Development and Internationalisation, M.Sc.

  • Application Deadline
  • 24 months
  • English (schedule IELTS)
University rank #251 (WUR) ,
This MSc Business Development and Internationalisation programme from Umea University aims to prepare you to become an entrepreneurial leader with capabilities to act on opportunities, needs and challenges, to develop businesses and innovations in a global and changing business context.


During this Business Development and Internationalisation programme from Umea University you will learn about strategy, innovation, entrepreneurship, networking and business growth which systematically incorporate sustainability and internationalization aspects as they are integral part of our educational environment.


When you follow one of our Master's programs you have the opportunity to do an internship in a company for ten weeks. This possibility exists only at a few Business Schools in the country. The internship gives you a good opportunity to put theoretical knowledge in Business into practice. As a student you will arrange your internship yourself. This way, you can find an internship that meets your expectations.

Studies Abroad

There are plenty of opportunities for you to study one semester abroad within the program. The Business School offers you the opportunity to study abroad at some 60 universities, mainly in Europe but also in Brazil, Costa Rica,

Canada, China, Russia and South Africa. As a master student you can also apply to Umeå University's agreement to non-European countries such as USA, Australia, Canada.

Double Degree is offered within the MSc in Business Development and Internationalisation together with the University of Vaasa/Finland. The 2nd year (including 30 ECTS Master Thesis) is then spent at Vaasa University, Finland.

Corporate Connections

The Business School collaborates in many different ways with companies and organizations. As a student, you might perhaps do an internship at one of our corporate partners. Professionals outside the university come to us as guest lecturer and teachers. Our researchers will in turn contribute new knowledge to society. A group of advisors consisting of corporate / community representatives are also linked to the Business School and they contribute with their knowledge and experience.

Career Opportunities

In addition to leading entrepreneurial ventures, graduates from this program will be equipped to pursue careers in managing business development, lead innovation or strategic change processes. The program's international character also provides good opportunities for a career abroad. The program gives you eligibility to apply for PhD positions.

Programme Structure

During the first year the focus is partly on developing the knowledge in developing established and new businesses and partly on broadening the knowledge on innovation through the choice of elective courses. The second year also provide the opportunity to broaden the knowledge through the choice of a minor. Furthermore, you develop your writing, analysis and research skills through the writing of a master's thesis during the second year.

  • During the first semester the focus is on developing your knowledge in strategy entrepreneurship and business growth.
  • The first module focuses on alternative theoretical perspectives on strategy so to provide a comprehensive platform for the forthcoming core courses.
  • The main themes of the second module concern (i) the theory of entrepreneurship and its connections to business growth, (ii) the characteristics and components of entrepreneurial motivation, risk taking and the willingness to grow businesses, (iii) entrepreneurial strategy-making, (iv) growing pains, downsizing and size management and (v) venture capital and financing challenges.
  • Key issues in the third module are how companies can develop business capabilities through internationalization and networking; building, maintaining and supporting businesses with various modes of foreign operations meeting competition from incumbents and new entrants as well as balancing cooperation and competition in international business settings.
  • In the final, forth, core module you will participate in a real-life strategic process which requires you to act based on assembled knowledge from this and the previous modules and take part in developing a business idea, for example by developing a business plan for a start-up, or a new venture within an established organization.

During the second semester you study elective courses and one option is a two months internship.

The third semester includes a compulsory methodological course and a course in recent trends in the field of Business. In addition to this you are given the opportunity to deepen your knowledge in one other area of the field of Business. This semester is also suitable for studying abroad.

Within the program you have a choice whether you want to write two 15 credit theses or one large 30 credit thesis.

For more information please visit the programme website.

Detailed Programme Facts

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

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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.

    Schedule 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

A Bachelor's degree (equivalent to a Swedish Kandidatexamen, 180 credits) from an internationally recognised university with a major in Business Administration. Special requirements: 75 credits in Business Administration at Basic level (A-level) and Intermediate level (B-level) a minimum of 60 credits in Management, Marketing Accounting and Finance courses or the equivalent. At the Bachelor level (C-level) a minimum of 15 credits in Business Administration. Proficiency in English equivalent to Swedish upper secondary course English B/6. Find information about how this requirement can be fulfilled at Umeå Universities website under the headline

Entry requirements You will find detailed information about eligibility requirements at the program webpage. If you are still working towards your undergraduate degree, you need to include with your application a document from your current University, outlining when you are expected to graduate as well as a course outline for the last semester.

Tuition Fee

  • International Applies to you

    9325 EUR/year
    Tuition Fee
    Based on the original amount of 18650 EUR for the full programme and a duration of 24 months.
  • EU/EEA Applies to you

    Tuition Fee
    Based on the original amount of 0 EUR for the full programme 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.
  • * EU/EEA Citizens are not required to pay fees
  • Total tuition fee: SEK 180,000

Living costs for Umeå

  • 7125 - 11770 SEK/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.

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