Entrepreneurship and Business Administration

Overview

This programme in Estonian is for you if you are interested in entrepreneurship, wish to take the next career step, or implement a new business idea. In 2024, we updated the programme with specialisations in startup entrepreneurship and business development. During the studies, you will obtain in-depth contemporary knowledge and practical skills to run a company or a team. Additionally, the only university that concentrates on business education in Estonia will provide you with new friends and similar minds as well as potential future business partners. You can choose between full-time and session-based studies.  

Profile of the graduate

Once you graduate from this programme, you will be able to run a small business, develop business projects, or work as a specialist in a position which requires an entrepreneurial mind, coupled with knowledge in economics. You will be recognised for you in-depth specialised knowledge and practical skills.  You are an ambitious and forward-looking EBS graduate whom your home university,  colleagues and cooperation partners take pride in. Your invaluable network of contacts will help you successfully implement your ideas.  

EBS cares a lot about the success of its students, alumni, and their employers. We strive to make sure that our graduates do well, and we are genuinely happy about their success. 

According to research:

Compared to Estonian average salaries, gross salaries for EBS alumni are:

• above Estonian average for 85% of EBS alumni;

• more than twice the average salary for 43% of EBS alumni.

• Salaries for EBS alumni in business and management are higher than those for other Estonian universities’ graduates.  

Why choose this programme?

• You will gain a comprehensive overview and fundamental knowledge of the business world; 
• You will become a valuable practitioner who finds one’s way in all areas of entrepreneurship and business administration (marketing, financial management, product development, human resource management, etc.); 
• The updated programme emphasises innovation and creative thinking, which are essential for developing new products or services; 
• You can choose between two specialisation tracks: startup entrepreneurship and business development; 
• You will learn from the best – your instructors and mentors are top experts and experienced leaders in their fields; 
• We value a personal approach: our small study groups and individual educational consultants ensure your goals and ambitions are recognised and supported. 
• At EBS we focus, as much as possible, on learning from each other via group discussions, teamwork, practical studies, and „lessons from life“. This ensures that upon graduation you will have real solutions to challenges that you will face in your working life;  
• Your fellow students will be positive and ambitious initiators with cool ideas. This inspiring and motivating company of people and valuable network will remain with you for years to come; 
• You can take advantage of the mobility window which enables an international learning experience in a foreign top-tier university; 
• This is the only programme where you can study in Estonian and choose between daytime studies or session-based studies to match it with work and family life if needed. 

Additional information

For additional information about the programme fill out this form: 

Programme overview

*The credit point volume for session-based and daytime studies may vary each semester. In session-based studies, you have the option to choose whether to take the 5th-semester elective subjects in the evenings or (partially) during daytime hours. 

Specialisations

Startup Entrepreneurship 

Are you interested in rapidly developing technology and dreaming of creating your own startup? The Startup Entrepreneurship specialisation is designed for future innovators and those with an entrepreneurial spirit. This specialisation equips you with practical knowledge essential for successfully managing technology-based companies. 

The specialisation includes the following areas: 

• Technology Law: You will gain an overview of competition law, the principles of intellectual property rights, and the importance of data protection in the technology sector; 
• Startup Entrepreneurship: You will learn how to launch innovative products and services, and understand the specifics of technology entrepreneurship. You will analyse common mistakes and learn how to avoid them to increase your company's chances of success; 
• Innovation Management: You will develop skills to manage innovation processes and implement creative solutions in entrepreneurship; 
• Teamwork and Leadership: You will acquire leadership skills necessary for building and managing an effective team in a dynamic environment; 
• Digital Tools in Business: You will explore how to apply artificial intelligence and various software solutions in business operations; 
• Corporate Finance in Startups: You will learn how to manage the finances of a startup, including investments, cash flow, and financial planning. 

This specialisation provides a strong foundation in startup entrepreneurship, preparing you for future challenges and opportunities. 

Business Development 

The Business Development specialisation is designed for those who wish to gain more in-depth knowledge of business strategies and their application in the modern business environment. This direction focuses on managing company growth and innovation, relying on contemporary technologies and management principles. 

The specialisation includes the following areas: 

• People Management in an International Business Environment: You will gain knowledge about managing and involving virtual and diverse teams, as well as inter-team collaboration in implementing changes; 
• Digitalisation and Automation: Learn how digital solutions can enhance the effectiveness of business processes and how automation can improve production processes; 
• Digital Tools in Business: This involves the application of artificial intelligence and various software solutions in business to increase efficiency and competitiveness; 
• Risk Management: Gain knowledge in compliance control, good governance practices, and the importance of internal control systems to prevent and mitigate risks in business activities; 
• Corporate Finance: Learn the principles and strategies of corporate finance, essential for maintaining optimal financial health and sustainable growth of a company. 

Completing this specialisation provides you with the necessary knowledge and skills to successfully manage business processes in both international and local large and medium-sized organisations, bring innovation to every company, and advance your career path. 

Studies at EBS

Study format

Participation in session-based studies requires more independent work from the student, as there are fewer face-to-face contact hours compared to daytime studies. When choosing the study format, it's worth considering whether you prefer to primarily acquire knowledge in a classroom setting, or if you are more inclined towards independent study alongside other commitments. 

Mobility Window

During your second study year, you will have the possibility to study in one of EBS partner universities for either one semester or one year. Of all universities in Estonia, EBS has the strongest network of partner universities – it includes some of the best business schools in Europe (EMLyon Business School, Università Bocconi, BI Norwegian Business School, Kedge Business School, Copenhagen Business School, Solbridge International School of Business and many more). 

When you study at an EBS partner university, you will only pay the EBS tuition fee. Additionally, if you choose mobility in one of the EU countries, EBS will pay to you the Erasmus+ scholarship. 

Positive feedback of EBS students confirms that a semester abroad significantly broadens your worldview and provides you with new contacts as well as invaluable international university experienc

Exchange semester stories of our students can be found here:

Just go! podcast

Internship and Mentoring

Internship is an integral part of your studies. It will expose you to an organisation’s daily functioning and you will be able to implement your knowledge and skills in the place of internship. At EBS, internship is undertaken in two stages. 

EBS internship programme has positive feedback from both students and places of internship. The purpose of internship is to implement the knowledge acquired during your studies in real-life working situations and to support the students during their career planning.

Marge Täks, Head of the Department of Management, Senior Lecturer, PhD:  

"Internship helps the students to better understand their strengths and find their passion. The students will also find out what they do not like or what does not suit them. This, in its turn, helps them make better future career choices. As a result of the internship, the brightest of our students have also found their first jobs."

Our students' internship stories