M.Sc. On Campus

Innovation Entrepreneurship

ITMO University

24 months
Tuition fee
Apply date
Start date


Most of the disciplines included in this Innovation Entrepreneurship program from ITMO University are taught by business practitioners: CEOs, production directors, product developers, marketers, etc.


Specializations included in the Innovation Entrepreneurship program from ITMO University 

  • FoodTech Entrepreneurship
  • Creative Industries
  • Life Sciences
  • ICT Entrepreneurship

Program Description  

  • Foodtech Entrepreneurship

FoodTech is a promising sector that blends the food industry with technology and digitalization. The field is growing rapidly in Russia (20-30% per year) covering more and more areas. The specialization offers a number of field-related disciplines, which are delivered in collaboration with the industrial partners of the program. Most of the disciplines are taught by business practitioners: CEOs, production directors, product developers, marketers, etc.

  • Creative Industries

Creative Industries is a specialization that seeks to reinvent the future of cultural and creative clusters through sustainable innovation and disruptive technologies. The specialization aims to train innovative leaders who will bring new levels of creativity, vision, and integrity to business and society. 

Focusing primarily on the industries of fashion and culture tech, new media, design innovation, and sustainable construction, CI prepares professionals who have theoretical, aesthetical, ethical, and business visions of creative industries. These are the leaders who have a deep understanding of business strategies, creative economy, and advanced technologies, as well as great collaborative skills, and who are able to bring innovative projects to life.

  • Life Sciences

The Life Sciences specialization is determined by the needs of society in the development of systemic provision of health support and treatment. The program is taught by practicing specialists in the field of innovative life sciences companies. By choosing this specialization, students will learn how to efficiently attract investments in the field of biotechnology and medical services, launch their own businesses, and lead organizations. 

To achieve these goals, students will master modern technologies, management practices, and the fundamentals of marketing. During their studies, students are trained to manage high-tech production for medical and biological purposes, creation, commercialization and implementation of innovations in the field of health care, as well as conducting audit, assessment and protection of intellectual property. Graduates of the program will become independent practicing specialists or startup CEOs, or experts in entrepreneurship that comprises sciences with a scientific focus on living organisms, such as  microorganisms, plants, and animals, as well as an independent practicing specialist or a startup CEO.

  • ITC Entrepreneurship

IT and telecommunications is one the most high-tech sectors of the economy today. Within this specialization, students will gain competencies in the development and management of projects in the ICT sector. The specialization curriculum covers the aspects of promoting and scaling projects into global markets taking into account the current legal aspects of the ICT sector. 

The program allows students to work on their own projects and implement their startup ideas in ICT, conduct scientific research in the areas of entrepreneurship, innovation management, change management of companies, business automation tools and identify the results of introducing new technologies into business processes within a sustainable economy.

Career Options

Graduates of the program will be able to join leading companies in related fields, work as product managers, data analytics, lead change management in enterprises and initiate the implementation of innovations.  

Programme Structure

Courses included:

  • R&D Management
  • Innovation Entrepreneurship: Value Creation
  • Technological Innovation in Food Industry
  • Global Highly Competitive Food Markets
  • Product Management Technologies in FoodTech
  • Integrated Management Systems
  • Economic Model in FoodTech Business
  • Design Innovation
  • Creative Tech: Digital Technologies in Creative Industries
  • Operational Management of Creative Projects
  • High Tech Business Creation
  • Research and Development Management
  • Innovation Entrepreneurship: Value Creation
  • Technology Trends in ICT

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

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

Other requirements

General requirements

  • Bachelor’s/Specialist’s degree; CV (indicating academic and professional achievements) & motivation letter; interview; certificate of proficiency in English (B2/C1 and higher) for non-native speakers.

Tuition Fee

Living costs for Saint Petersburg

34733 - 58700 RUB /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.

Our partners

Innovation Entrepreneurship
ITMO University


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