Overview

In a rapidly evolving global economy driven by innovation, technology, and entrepreneurship, organisations require leaders capable of creating and scaling value-driven solutions. The MSc in Innovation Management and Entrepreneurship equips students with advanced competencies in innovation management, strategic decision-making, and entrepreneurial development across diverse industries. The programme is delivered by the AACSB-accredited School of Economics and Business, placing it among the top six percent of business schools worldwide and ensuring high academic quality and international recognition. Students learn from international academics, researchers, and industry practitioners while engaging in research and innovation projects. Graduates pursue careers as innovation leaders, entrepreneurs, strategic managers, or continue at the doctoral level.

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Programme Structure

The programme integrates innovation management, entrepreneurship, strategy, and research methods to prepare graduates for leading complex innovation-driven initiatives:

critical thinking, strategic thinking, entrepreneurial mindset, influential leadership, effective communication and collaboration, adaptability and working under uncertainty.

innovation and business model development, intellectual capital management, technology venturing, strategic project management, and business valuation.

innovation management frameworks, business modelling tools, valuation techniques, and research design methodologies.

applied research projects, innovation-focused assignments, and entrepreneurial project development.

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Key information

Duration

Full-time
- 24 months

Start dates & application deadlines

Starting 2026-09-01 00:00:00
- Apply before 2026-06-01 00:00:00

Language

English, Lithuanian

TOEFL^® IBT

75

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IELTS

5.5

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98 accuracy using real exam data
4.9/5 student rating

Credits

120 ECTS

Delivered

Blended

Fully structured

Campus Location

Kaunas, Lithuania

Disciplines

Entrepreneurship Innovation Management View 3 other Masters in Entrepreneurship in Lithuania

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Academic requirements

GPA

Required

0,9 average grade (CGPA) of University‘s Bachelor’s degree (min. length – 180 ECTS) and its supplement

0,1 motivation letter and online interview

≤ 4 additional points

English requirements

TOEFL^® IBT

75

Schedule TOEFL®

IELTS

5.5

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

This programme accepts OMPT as a mathematics admission test. Depending on your academic background, you may be required to take an OMPT assessment as part of the admission process.

Proficiency in English: IELTS ≥ 5.5, TOEFL ≥ 75, CEFR ≥ B2, or equivalent.

Eligibility criteria: High school certificate. Maximum 3 years after high school graduation. Minimum average grade (CGPA) >60% in each entry subject.

Transcript requirements: Obtain a suitable transcript from your school. If unavailable, provide official translations and verified copies of the original documents.

Accepted languages: English.

Document legislation: The documents must be legalised (Apostille) by the Ministry of Foreign Affairs of the country where the documents were issued. This requirement does not apply to the EU and Belarus, Ukraine documents.

Student Insurance via Studyportals Partner

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items like Additional medical costs, Repatriation, Liability etc. Make sure your student insurance covers your needs.

Studyportals partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

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Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at Kaunas University of Technology and/or in Lithuania, please visit Student Insurance Portal.

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Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

4606 EUR / year

≈ 4606 EUR / year
EU/EEA Applies to you

Applies to you

EU/EEA Nationals

4606 EUR / year

≈ 4606 EUR / year

Living costs

Kaunas

Lithuania

428 - 740 EUR / month

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

Funding

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

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Scholarships Information

Below you will find Master's scholarship opportunities for Innovation Management and Entrepreneurship.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

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About

Overview

Get more details

Programme Structure

Check out the full curriculum

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

Explore more key information

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Student Insurance via Studyportals Partner

Make sure you meet all requirements

Tuition Fees

International Applies to you

EU/EEA Applies to you

Living costs

Kaunas

Funding

Check for any work restrictions

Scholarships Information

Available Scholarships

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